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Stock Report

World

Sources: No rescue planned for kidnapped American

U.S. officials say they have no plans for now to try to rescue an American hostage kidnapped over the weekend by Somali pirates.

France wants faster NATO Afghanistan exit

French President Nicolas Sarkozy, right, welcomes Afghan President Hamid Karzai at the Elysee Palace in Paris on Friday.France and Afghanistan agree NATO should speed up by a year its timetable for handing all combat operations to Afghan forces in 2013, President Nicolas Sarkozy said Friday, raising new questions about the unity of the Western military alliance.


The twisty road to US-Pakistan re-engagement

Pakistan's closure of major supply routes for U.S. and NATO supplies going to Afghanistan is costing the U.S. over $100 million per day. But relations between the two nations remain stuck at a standstill. NBC's Amna Nawaz reports from Peshawar. Pakistan's closure of major supply routes for U.S. and NATO supplies going to Afghanistan is costing the U.S. over $100 million per day. But relations between the two nations remain stuck at a standstill. NBC's Amna Nawaz reports from Peshawar.


Business

Facebook poised to file for IPO next week

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday.

Unsold goods weigh on future economic growth


 
The U.S. economy perked up late last year as hiring acclerated and factories ramped up production. Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves.
That doesn’t bode well for growth in the coming months.  The U.S. economy perked up late last year as hiring acclerated and factories ramped up production. Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves. That doesn’t bode well for growth in the coming months.


Economy picked up pace as 2011 ended

U.S. economic growth picked up speed in the final three months of 2011, expanding at the fastest pace in 1-1/2 years, according to new data released Friday.

Travel

Wrecked cruise ship passengers offered $14,460

Passengers who were on the Costa Concordia are being offered $14,460 apiece to compensate them for their lost baggage and psychological trauma after the cruise ship ran aground and capsized off Tuscany.

'Tartan Butler' helps visitors trace their roots

The Balmoral Hotel in Edinburgh, Scotland, now has a concierge who helps guests learn about their family history.The Balmoral Hotel in Edinburgh, Scotland, now has a concierge who helps guests learn about their family history.


Stressed? Relax in SFO airport's new yoga room

Need to relax during that lengthy layover? Beginning Thursday, travelers can stop in at SFO airport's new yoga room.Need to relax during that lengthy layover? Beginning Thursday, travelers can stop in at SFO airport's new yoga room.


Top Stories

Children among 74 dead in 2 days of Syrian turmoil (AP)
Fri, 27 Jan 2012 20:39:07 GMT

This citizen journalism image provide by the Local Coordination Committees in Syria and released early Friday Jan. 27, 2012, purports to show a Syrian man, right, mourning over the dead body of his son, who was shot by the Syrian forces, in Idlib province, Syria, on Thursday Jan. 26, 2012. A 'terrifying massacre' in the restive Syrian city of Homs has killed more than 30 people, including small children, in a barrage of mortar fire and attacks by armed forces loyal to President Bashar Assad, activists said Friday. (AP Photo/Local Coordination Committees in Syria) EDITORIAL USE ONLY, NO SALES, THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTOAP - Two days of bloody turmoil in Syria killed at least 74 people, including small children, as forces loyal to President Bashar Assad shelled residential buildings and fired on crowds in a dramatic escalation of violence, activists said Friday.


GOP insiders rise up to cut Gingrich down to size (AP)
Fri, 27 Jan 2012 22:32:51 GMT

Republican presidential candidate, former House Speaker Newt Gingrich speaks after receiving an endorsement from national Hispanic leaders at the Doral Golf Resort and Spa, Friday, Jan. 27, 2012, in Miami, Fla. (AP Photo/Matt Rourke)AP - Republican insiders are rising up to cut Newt Gingrich down to size, testament to the GOP establishment's fear that the mercurial candidate could lead the party to disaster this fall.


American economy not healthy yet, but it's healing (AP)
Fri, 27 Jan 2012 23:20:28 GMT

FILE - In this July 27, 2011 file photo, assembly line worker Edward Houie moves a door into position for a 2012 Chevrolet Volt at the General Motors Hamtramck Assembly plant in Hamtramck, Mich. The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011, according to the Commerce Department, Friday, Jan. 27, 2012. Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years. But growth in the October-December quarter — and all of last year — was held back by the biggest annual government spending cuts in four decades. (AP Photo/Paul Sancya, File)AP - The American economy may not be truly healthy yet, but it's healing.


Obama 'putting colleges on notice' on high tuition (AP)
Fri, 27 Jan 2012 21:53:50 GMT

President Barack Obama speaks at the University of Michigan's Al Glick Field House, Friday, Jan. 27, 2012, in Ann Arbor, Mich.  (AP Photo/Haraz N. Ghanbari)AP - President Barack Obama fired a warning at the nation's colleges and universities on Friday, threatening to strip their federal aid if they "jack up tuition" every year and to give the money instead to schools showing restraint and value.


Court: Senegal's president can run for 3rd term (AP)
Fri, 27 Jan 2012 23:02:23 GMT

AP - Senegal's highest court ruled Friday the country's increasingly frail, 85-year-old president could run for a third term in next month's election, a deep blow to the country's opposition which has vowed to take to the streets if the leader does not step aside.

Facebook IPO could value it among top companies (AP)
Fri, 27 Jan 2012 23:07:03 GMT

FILE - In this May, 26, 2010 file photo, Facebook CEO Mark Zuckerberg talks about the social network site's new privacy settings in Palo Alto, Calif. The Wall Street Journal reported Friday, Jan. 27, 2012 that Facebook is preparing to file initial paperwork for an offering that could raise as much as $10 billion and value the company at $75 billion to $100 billion  (AP Photo/Marcio Jose Sanchez, File)AP - When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the top ranks of the largest public companies in the world, on par with the likes of McDonald's, Amazon.com and Bank of America.


Ship carrying rocket parts hits Ky. bridge (AP)
Fri, 27 Jan 2012 22:38:57 GMT

A a cargo ship pauses in the water after colliding with a southwestern Kentucky bridge that partially collapsed when it was struck Friday, Jan. 27, 2012, near Aurora, Ky. The ship was traveling upriver toward the Kentucky Lock and Dam when it hit the aging steel bridge, which was built in the 1930s and handles about 2,800 vehicles a day. (AP Photo/Tina Carroll)AP - The voyage of a cargo boat that carries space rocket components to Florida's coast for NASA and the Air Force has stalled in a western Kentucky river after it slammed into an aging traffic bridge.


Tubby tabby gets revolutionary new knee joint (AP)
Fri, 27 Jan 2012 20:57:08 GMT

Cyrano lies on a table during a news conference at North Carolina State University in Raleigh, N.C., on Wednesday, Jan. 25, 2012. The 10-year-old tabby from Upperville, Va., received a groundbreaking total knee replacement on Thursday. In the background, from left to right, are engineer Ola Harrysson, surgeon Denis Marcellin-Little and handler Crystal Ritenour. (AP Photo/Allen Breed)AP - Because Cyrano weighs more than 20 pounds, amputating his cancer-weakened leg was out of the question. So the tubby tabby's owners turned to doctors and engineers at North Carolina State University to get him back into mice-catching trim.


Actress' claim to be gay by choice riles activists (AP)
Fri, 27 Jan 2012 23:16:34 GMT

FILE - This is a Tuesday, May 25, 2010 file photo of actress Cynthia Nixon attending the Designing Women Awards in New York. Gay rights activists say actress Cynthia Nixon's insistence she chose to be a lesbian gives fodder to those who argue gays don't deserve marriage rights. (AP Photo/Peter Kramer, file)AP - Cynthia Nixon learned the hard way this week that when it comes to gay civil rights, the personal is always political. Very political.


Column: Stop shrieking about women's tennis noise (AP)
Fri, 27 Jan 2012 21:27:49 GMT

Maria Sharapova  of Russia eyes on the ball as she plays Petra Kvitova of the Czech Republic during their semifinal at the Australian Open tennis championship, in Melbourne, Australia, Thursday, Jan. 26, 2012. (AP Photo/Rick Rycroft)AP - On serve and when whipping his forehand, Novak Djokovic's grunt is that of a bullfrog, "WooooAH-UH." Rafael Nadal goes for a throatier, "AAArrgggHH." Occasionally, Andy Murray offers up a more hushed, constricted, "Eeeeeehhh." From Roger Federer, of course, we tend to get the sound of silence.


Fitch cuts Italy, Spain, other euro zone ratings (Reuters)
Fri, 27 Jan 2012 19:47:29 GMT

Reuters - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.

Growth quickens, but speed bumps ahead (Reuters)
Fri, 27 Jan 2012 21:48:06 GMT

A worker walks through the Reuters - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.


Subpoenas issued to financial firms in expanded probe (Reuters)
Fri, 27 Jan 2012 22:48:52 GMT

Reuters - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.

Greek PM sees quick debt swap deal, end-game in sight (Reuters)
Fri, 27 Jan 2012 23:12:38 GMT

Reuters - Greece expects to clinch a long-awaited bond swap deal within days, Prime Minister Lucas Papademos told Reuters Friday, promising the country would avoid an unruly default feared by financial markets worldwide.
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