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Wall Street

Stocks sag at the close; January finishes on weak note

Danny Meyer, center, Founder & CEO of Union Square Hospitality Group, waits for the Shake Shack IPO to begin trading, on the floor of the New York Stock Exchange, Friday, Jan. 30, 2015. Shares of Shake Shack Inc. have more than doubled minutes after they debuted on the stock market Friday.(AP Photo/Richard Drew)The U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year.


Shake Shack Shares Sizzle On Market Debut

Shake Shack Shares Sizzle On Market DebutShake Shack, a former New York City food cart which is now a gourmet burger chain challenger to McDonald's, rocketed upon its stock market debut on Friday. Shake Shack has hit on a winning formula with millennials by serving up hormone and antibiotic-free beef, crinkle-cut fries, shakes and beer. Fifty-six-year-old founder Danny Meyer's 21% stake was worth about $390m based on the trendy company's opening day high. It served burgers free of charge on Friday to the public out of food trucks on the street outside the New York Stock Exchange, where it was trading under the ticker symbol "SHAK".


Shake Shack shares more than double in stock market debut

Jeff Flug, President of Union Square Hospitality Group; Danny Meyer, Founder & CEO of Union Square Hospitality Group; and Randy Garutti, Shake Shack CEO, fourth left to right, celebrate as they ring the New York Stock Exchange opening bell, Friday, Jan. 30, 2015. Shares of Shake Shack Inc. have more than doubled minutes after they debuted on the stock market Friday.(AP Photo/Richard Drew)NEW YORK (AP) — Wall Street went wild for burgers Friday.


Wall Street closes down for January; Shake Shack rallies in debut

This came after Greece's finance minister said the government would not cooperate with the European Union and International Monetary Fund mission. The Dow Jones industrial average fell 251.9 points, or 1.45 percent, to 17,164.95, the S&P 500 lost 26.26 points, or 1.3 percent, to 1,994.99 and the Nasdaq Composite dropped 48.17 points, or 1.03 percent, to 4,635.24.

Wall Street pares losses on energy rebound; Shake Shack, Amazon rally

Traders work on the floor of the New York Stock ExchangeBy Sinead Carew NEW YORK (Reuters) - U.S. stocks pared earlier losses to trade little changed Friday afternoon amid a rebound in the energy sector as oil prices surged on expectations for a supply decline due to a falling rig count. The S&P energy sector was up 1.5 percent at 2:30 p.m. ET (1930 GMT) after falling as much as 1.5 percent earlier in the session. On top of this, investors may be making some changes as the month draws to a close, said Brian Lazorishak, senior portfolio manager at Chase Investment Counsel. "It seems like an oversold bounce." At 2:33 p.m., the Dow Jones industrial average fell 30.41 points, or 0.17 percent, to 17,386.44, the S&P 500 lost 0.66 points, or 0.03 percent, to 2,020.59 and the Nasdaq Composite added 8.04 points, or 0.17 percent, to 4,691.45.


Markets brace for Big Oil profit plunge

FILE - In this Jan. 1, 2015, file photo, Cars fill up at the pumps at a Shell station near downtown Detroit. Profits for companies in the Standard & Poor’s 500 index are expected to grow at one of lowest rates in years, just 1.4 percent. The culprit: Energy companies that suffered as oil prices plunged. On Thursday, Jan. 29, Shell posted a 57 percent drop in fourth quarter earnings. (AP Photo/David N. Goodman, File)NEW YORK (AP) — It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a strong earnings season into a weak one.


European shares enjoy best month in over three years

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchangeBy Blaise Robinson PARIS (Reuters) - European stocks dipped on Friday but posted their best monthly performance in over three years, lifted by hopes the European Central Bank's quantitative easing programme will revive the region's economic growth and corporate earnings will bounce. It has strongly outpaced Wall Street, where the S&P 500 has lost 2.2 percent since the start of the year. Morgan Stanley strategists upgraded their forecast for European earnings for the first time in three years, seeing an improvement in the region's economic momentum this year. "After four years of persistent growth disappointment, we believe that Europe is on the verge of an upgrade cycle.


European shares enjoy best month in over 3 years

European stocks dipped on Friday but posted their best monthly performance in over three years, lifted by hopes the European Central Bank's quantitative easing programme will revive the region's economic growth and corporate earnings will bounce. The FTSEurofirst 300 index of top European shares recorded a gain of 7.1 percent for January, its biggest since October 2011. It has strongly outpaced Wall Street, where the S&P 500 has lost 2.2 percent since the start of the year. Morgan Stanley strategists upgraded their forecast for European earnings for the first time in three years, seeing an improvement in the region's economic momentum this year.

Stock market heading lower in midday trading

NEW YORK (AP) — The stock market is heading lower in midday trading as investors sift through mixed economic and corporate news.

Shell corrects fourth quarter results, earnings unaffected

Shell branding is seen at a petrol station in west London(Reuters) - Royal Dutch Shell said on Friday it had overstated its fourth quarter results by $178 million (118.44 million pounds) due to an error in the valuation of its fuel inventory. "Royal Dutch Shell's fourth quarter and full year 2014 earnings, on a current cost of supplies (CCS) basis are unchanged," the company said in the statement. The Anglo-Dutch energy company reported on Thursday fourth-quarter 2014 adjusted net income of $3.3 billion which was weighed down by weaker than expected earnings from oil and gas production.


Technology

'Black Mirror' and the Horrors and Delights of Technology - New York Times


'Black Mirror' and the Horrors and Delights of Technology
New York Times
That the show probably owes its American stature to social media is perfectly appropriate, because the series fixates on our codependent and contradictory relationship with technology and media. We love being able to share our inner monologues and the ...

and more »

Diabetes Technology Inches Closer To An Artificial Pancreas - NPR (blog)


NPR (blog)

Diabetes Technology Inches Closer To An Artificial Pancreas
NPR (blog)
Every person who uses insulin to manage diabetes wants what they don't have — a replacement for their malfunctioning pancreas. And though the technology isn't yet to the point of creating an artificial pancreas, it's getting a lot closer. Just last ...

and more »

Office puts chips under staff's skin - BBC News


BBC News

Office puts chips under staff's skin
BBC News
Hannes Sjoblad, whose electronic business card is on his own chip and can be accessed with a swipe of a smartphone, has the title chief disruption officer at the development. I asked him whether people really wanted to get this intimate with technology.
Silicone Implants Get a Whole New Meaning in Interactive TechnologySputnik International

all 22 news articles »

The Technology that Unmasks Your Hidden Emotions - Wall Street Journal


Wall Street Journal

The Technology that Unmasks Your Hidden Emotions
Wall Street Journal
So far, the technology has been used mostly for market research. Emotient, a San Diego startup whose software can recognize emotions from a database of microexpressions that happen in a fraction of a second, has worked with Honda Motor Co. and Procter ...

Travel

How to Find the Best Deals on Flights - New York Times


New York Times

How to Find the Best Deals on Flights
New York Times
Poring over that data, its analysts recently produced a statistical survey that reveals the best days to fly to get the lowest prices, recommended flight booking windows and biggest price drops, among other insights. The annual report, called Kayak ...

Best Travel Deals And Destinations For 2015 - Forbes


Best Travel Deals And Destinations For 2015
Forbes
With that in mind, let me share with you the best tips I heard at The New York Times Travel Show last weekend. The massive event that attracted 20,000 people and featured experts such as father-and-daughter tag team Arthur and Pauline Frommer and The ...

5 last minute travel deals worth considering - KSL.com


5 last minute travel deals worth considering
KSL.com
This story is sponsored by KSL Last Minute Travel. Save up to 50 percent on last minute deals. The Sundance Film Festival ends this weekend, which means that all the celebrities and industry folk will be heading home but Park City isn't ready to stop ...

This week's best travel bargains from around the globe - Washington Post


This week's best travel bargains from around the globe
Washington Post
Deal includes round-trip airfare from Washington to Managua, five nights in a private bungalow at the Soma Surf Resort, airport transfers and taxes. Lowest prices apply to midweek departures; complete travel by March 20. Priced separately, the trip ...

Top stories of the hour


Roger Goodell on deflategate investigation, Kraft relationship, NFL integrity - Boston Herald
Fri, 30 Jan 2015 22:40:11 +0000


Boston Herald

Roger Goodell on deflategate investigation, Kraft relationship, NFL integrity
Boston Herald
Roger Goodell conducted a 48-minute news conference this morning, addressed the allegations of deflated footballs in his opening statement and fielded eight questions related to the matter. Here is the transcript of those questions and responses. Portion of ...
NFL's Goodell: 'It Has Been a Tough Year'Wall Street Journal
Roger Goodell says he won't speculate on 'Deflategate' investigationLos Angeles Times
Roger Goodell Speaks on State of the NFLNBCNews.com
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Trial starts for accused Etan Patz killer Pedro Hernandez - New York Daily News
Fri, 30 Jan 2015 22:31:59 +0000


New York Daily News

Trial starts for accused Etan Patz killer Pedro Hernandez
New York Daily News
Little Etan Patz was a happy boy filled with life on the long-ago morning when he entered a Soho bodega — and met the man who murdered him, a Manhattan prosecutor charged Friday. Assistant District Attorney Joan Illuzzi-Orbon flashed back to May 25, ...
Pedro Hernandez's ex-wife to testify that Etan Patz's picture was found in box of ...Newsday
Murder Trial in Etan Patz Case BeginsWall Street Journal
Murder trial begins 35 years after 6-year-old vanished in NYSan Francisco Chronicle
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Judge to Aaron Hernandez jury: Enjoy Super Bowl but be vigilant - CNN
Fri, 30 Jan 2015 22:30:20 +0000


USA TODAY

Judge to Aaron Hernandez jury: Enjoy Super Bowl but be vigilant
CNN
Watch "Downward Spiral: The Case Against Aaron Hernandez" Friday at 9 p.m. ET. (CNN) To watch or not to watch. That is the dilemma for 12 jurors and six alternates in the Massachusetts murder trial of former New England Patriots player Aaron Hernandez ...
Ex-NFL star Hernandez, alleged victim had nascent friendship: witnessReuters
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First two witnesses testify in Aaron Hernandez caseFOXSports.com
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Lawmakers and White House champion medical advances - SunHerald.com
Fri, 30 Jan 2015 22:29:07 +0000


SunHerald.com

Lawmakers and White House champion medical advances
SunHerald.com
President Barack Obama looks toward Elana Simon, 19, a student at Harvard University who met with the president at last year's White House Science Fair, as she introduces him to speak East Room in the White House in Washington, Friday, Jan. 30, 2015 ...
Obama gives East Room rollout to Precision Medicine InitiativeScience AAAS
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Obama calls on Congress to fund 'precision medicine' studiesSTLtoday.com
Albuquerque Journal -Uprising
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Republican Romney opts out of 2016 run for president - Reuters
Fri, 30 Jan 2015 22:27:20 +0000


Reuters

Republican Romney opts out of 2016 run for president
Reuters
WASHINGTON (Reuters) - Republican Mitt Romney bowed out of the 2016 U.S. presidential race on Friday after considering a third run, telling supporters it was time for the next generation of party leaders to seek the White House. Romney's decision helps ...
Romney's Withdrawal Is a Reflection of Bush's StrengthNew York Times
Mitt Romney was ahead in poll on day he dropped out of 2016 presidential race ...NOLA.com
Why Mitt will run in 2016 ... Oh, never mind!Christian Science Monitor
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Day of mourning across Sindh today over imambargah attack - Daily Times
Fri, 30 Jan 2015 22:17:52 +0000


Daily Times

Day of mourning across Sindh today over imambargah attack
Daily Times
KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has declared Saturday as day of mourning consequent to act of terrorism at an Imambargah in Shikarpur killing more than 50 and injuring around 60 people during the Friday prayer. In a statement issued ...
Shia mosque targeted in Pakistan bomb blastBBC News
Dozens dead in bombing of mosque in SindhIrish Times
Pakistan mosque bombing kills over 60The Daily Star
The News International -Hindustan Times -Wall Street Journal
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Islamic State Militants Launch Offensive Outside Kurdish-Controlled Kirkuk - Wall Street Journal
Fri, 30 Jan 2015 22:11:02 +0000


Newsweek

Islamic State Militants Launch Offensive Outside Kurdish-Controlled Kirkuk
Wall Street Journal
Islamic State militants launched their biggest offensive yet outside Kurdish-controlled Kirkuk and tried to penetrate the city itself, part of a spate of brazen attacks by the extremist group against Kurdish forces across Iraq on Friday. A senior Kurdish commander, ...
Islamic State attacks Iraq's oil-rich northern city of KirkukLos Angeles Times
Friday's Mini-Report, 1.30.15MSNBC
Barzani predicts Mosul offensive in the fallThe Daily Star
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Marshawn Lynch Is Really Just 'About That Branding, Boss.' - Huffington Post
Fri, 30 Jan 2015 22:07:54 +0000


USA TODAY

Marshawn Lynch Is Really Just 'About That Branding, Boss.'
Huffington Post
The outpouring support for Marshawn Lynch over the last few weeks stands in stark contrast to the way he was viewed earlier in his career as a Buffalo Bill. Then, and even following his trade to the Seattle Seahawks, Lynch was considered something of a ...
Seattle Super Bowl win better for stocksUSA TODAY
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The doctor won't see you now: Some physicians opting to drop patients with anti ... - Minneapolis Star Tribune
Fri, 30 Jan 2015 22:03:20 +0000


Minneapolis Star Tribune

The doctor won't see you now: Some physicians opting to drop patients with anti ...
Minneapolis Star Tribune
Pediatrician Charles Goodman poses for photo with the MMR vaccine at his practice in Northridge, Calif., Thursday, Jan. 29, 2015. With California gripped by a measles outbreak, Dr. Goodman posted a clear notice on his door and on Facebook: His practice ...
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SC Health/School Officials Stress Importance Of Measles Vaccine After Recent ...WSPA.com
Florida could get measles cases, pediatrician saysOrlando Sentinel
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3 Colo. tax cheats skip sentencing to play golf - Wrongfully convicted Conn. man awarded $6M
Fri, 30 Jan 2015 21:57:34 +0000

Egyptian ISIS-affiliated militants claim responsibility for deadly Sinai attacks - Deadline for prisoner swap passes as Jordan demands proof pilot is alive - VIDEO: ISIS issues prisoner swap ultimatum
Fri, 30 Jan 2015 21:57:34 +0000

FBI adds alleged al-Shabab recruiter from Va. to most-wanted terrorist list
Fri, 30 Jan 2015 21:57:34 +0000

Filmmaker's email claimed BBC 'policy' barred him from revealing hundreds of living Nazis - American shot, injured driving in Saudi Arabia
Fri, 30 Jan 2015 21:57:34 +0000

'Bonnie and Clyde' suspect demands to leave courtroom over media
Fri, 30 Jan 2015 21:57:34 +0000

Denver police orders review of moving-car shootings
Fri, 30 Jan 2015 21:57:34 +0000

KURTZ: Fierce backlash against the liberal who trashed the PC police
Fri, 30 Jan 2015 21:57:34 +0000

2 school administrators on leave after students forced to drop pants over feces in gym
Fri, 30 Jan 2015 21:57:34 +0000

220-person federal agency made oil paintings of 17 top staffers
Fri, 30 Jan 2015 21:57:34 +0000

At least 56 dead in blast at Shiite mosque in Pakistan
Fri, 30 Jan 2015 21:57:34 +0000

Ukraine to ask UN states to formally recognize Russia as terror sponsor
Fri, 30 Jan 2015 21:57:34 +0000

No charges for George Zimmerman after recent arrest
Fri, 30 Jan 2015 21:57:34 +0000

North Dakota may lose $5.5B in revenue as oil plunges
Fri, 30 Jan 2015 21:57:34 +0000

OPINION: 'Deflategate' aside, NFL gives us plenty to dislike
Fri, 30 Jan 2015 21:57:34 +0000

Disney introduces its first Latina princess
Fri, 30 Jan 2015 21:57:34 +0000

New species of long-necked 'dragon' dinosaur discovered in China
Fri, 30 Jan 2015 21:57:34 +0000

'Suge' Knight arrested in deadly L.A. hit-and-run - Timeline of Knight's legal, medical troubles - 'Let's Get Married' singer allegedly shoved ring down fiancee's throat
Fri, 30 Jan 2015 21:57:34 +0000

Drug dealer charged with murder of Fox movie exec
Fri, 30 Jan 2015 21:57:34 +0000

Federal judge expresses skepticism about constitutionality of no-fly list
Fri, 30 Jan 2015 21:57:34 +0000

Kenny G takes partial credit for the Starbucks Frappuccino
Fri, 30 Jan 2015 21:57:34 +0000

35 years after Etan Patz disappeared, New York boy's murder trial opens
Fri, 30 Jan 2015 21:57:34 +0000

Kenyan woman, 90, likely world's oldest primary student
Fri, 30 Jan 2015 21:57:34 +0000

Saudi authorities delay flogging of blogger for 3rd week - American shot, injured driving in Saudi Arabia
Fri, 30 Jan 2015 21:57:34 +0000

Woman gets snake venom injection instead of Botox - Woman in fatal fall off cliff moments after proposal - VIDEO: Wedding party takes wild hot-air balloon ride
Fri, 30 Jan 2015 21:57:34 +0000

INJECTED WITH VENOM Woman paralyzed after botched Botox job
Fri, 30 Jan 2015 21:41:12 +0000

SECRETS OF THE SUB Clean hull may reveal how famed Civil War sub sank
Fri, 30 Jan 2015 21:41:12 +0000

Senators fume over ex-Gitmo inmate's Taliban call, as WH repeats: No regrets
Fri, 30 Jan 2015 21:41:12 +0000

OREGON KISS OFF? Dem gov deflects questions on fiancee's payments
Fri, 30 Jan 2015 21:41:12 +0000

MITT WILL NOT RUN 2012 GOP nominee says he will not pursue 3rd bid
Fri, 30 Jan 2015 21:41:12 +0000

NASA's amazing storm photos
Fri, 30 Jan 2015 20:38:37 +0000

Bizarre robotic horse
Fri, 30 Jan 2015 20:38:37 +0000

Extra security at Cosby show
Fri, 30 Jan 2015 20:38:37 +0000

Super Bowl food ad bombs
Fri, 30 Jan 2015 20:38:37 +0000

Super Bowl hating revealed
Fri, 30 Jan 2015 20:38:37 +0000

Gilbert from DD to 'average B'
Fri, 30 Jan 2015 20:38:37 +0000

Who's most likely to cheat?
Fri, 30 Jan 2015 20:38:37 +0000

'Harry Potter' guy in hospital
Fri, 30 Jan 2015 20:38:37 +0000

Joe Dirt's $900,000 Daytona
Fri, 30 Jan 2015 20:38:37 +0000

Lily talks Super Bowl spot
Fri, 30 Jan 2015 20:38:37 +0000

'Biggest Loser' slams show
Fri, 30 Jan 2015 20:38:37 +0000

Trejo plays Marcia, wants mom
Fri, 30 Jan 2015 20:38:37 +0000

Duggar born out of wedlock
Fri, 30 Jan 2015 20:38:37 +0000

Smelly food on plane is wrong
Fri, 30 Jan 2015 20:38:37 +0000

Consumers to the Rescue as U.S. Companies Step Back: Economy - Bloomberg
Fri, 30 Jan 2015 20:31:07 +0000


Wall Street Journal

Consumers to the Rescue as U.S. Companies Step Back: Economy
Bloomberg
(Bloomberg) -- American consumers stepped on the gas in the fourth quarter, just as companies hit the brakes. The result was that while the world's largest economy grew at a 2.6 percent annualized rate, the gain fell short of the median forecast of economists ...
GDP slowed to 2.6% last quarter as spending cuts take a tollExaminer.com
Market News: Amazon.com, Biogen Idec, NetSuiteValueWalk
Treasuries Close Sharply Higher On Disappointing GDP DataRTT News
Prague Post -Omaha World-Herald -Los Angeles Times
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