Wall Street edges up as defensive stocks extend rally

NEW YORK (Reuters) - Stocks advanced on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. The S&P 500 is on track to post its best monthly performance since October 2011 and its best January since 1997 as investors poured $55 billion in new cash into stock mutual funds and exchange-traded...

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Army warns unrest pushing Egypt to the brink

CAIRO, Egypt (Reuters) - Egypt's army chief said political unrest was pushing the state to the brink of collapse - a stark warning from the institution that ran the country until last year as Cairo's first freely elected leader struggles to curb bloody street violence. Abdel Fattah al-Sisi, a U.S.-trained general appointed by President Mohamed Mursi last year to head the armed forces,...

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Apple announces iPad with double storage capacity

(Reuters) – Apple Inc said on Tuesday that it will sell a version of its iPad tablet computer with 128 gigabytes of storage, which is twice the capacity of its existing models.Apple, which has sold more than 120 million iPads so far, said that the new iPad will go on sale February 5, in black or white, for a suggested retail price of $ 799 for the iPad with just Wi-Fi model, and $ 929 for the version...

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Drew Barrymore: Why I Have Embraced Judaism

lberto E. Rodriguez/GettyDrew Barrymore has finally found her Ever After — and she’s not about to let her fairytale ending slip away.During a Friday appearance on The View, the actress admitted her relationship with husband Will Kopelman is one she will never take for granted.“You know me, I would never have messed this up. This is the most important thing I’ll ever do with my life,” she said. “I...

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Soldier who lost 4 limbs has double-arm transplant

The first soldier to survive after losing all four limbs in the Iraq war has received a double-arm transplant.Brendan Marrocco had the operation on Dec. 18 at Johns Hopkins Hospital in Baltimore, his father said Monday. The 26-year-old Marrocco, who is from New York City, was injured by a roadside bomb in 2009.He also received bone marrow from the same dead donor who supplied his new arms. That novel...

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Dow, S&P 500 near flat after rally; Apple boosts Nasdaq

NEW YORK (Reuters) - The Dow and S&P 500 were nearly flat on Monday as a four-week rally stalled, while a rebound in Apple shares helped buoy the Nasdaq. Caterpillar shares helped cap losses in the Dow industrials even as the company posted a 55 percent drop in quarterly profit due to a charge connected with accounting fraud at a Chinese subsidiary and weak demand among its dealers....

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Violence flares in Egypt after emergency law imposed

CAIRO (Reuters) - A man was shot dead on Monday in a fifth day of violence that has killed 50 Egyptians and prompted the Islamist president to declare a state of emergency in an attempt to end a wave of unrest sweeping the biggest Arab nation. Emergency rule announced by President Mohamed Mursi on Sunday covers the cities of Port Said, Ismailia and Suez. The army has already been deployed...

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Crucial, long-overdue BlackBerry makeover arrives

TORONTO (AP) — The maker of the BlackBerry smartphone is promising a speedy browser, a superb typing experience and the ability to keep work and personal identities separate on the same phone, the fruit of a crucial, long-overdue makeover for the Canadian company.Thorsten Heins, chief executive of Research In Motion Ltd., will reveal the first phone with the new BlackBerry 10 system in New York on...

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Adam Levine & Friends Have 'Laid Back' Lunch in N.Y.C.

Caught in the Act 01/27/2013 at 03:30 PM EST Before Adam Levine proved he was hilarious when he hosted Saturday Night Live, he kept his friends in stitches in New York on Monday.Levine was spotted at The Mercer Kitchen around 2 p.m., an onlooker tells PEOPLE. "He looked really laid back and seemed to be in a...

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CDC: Flu seems to level off except in the West

New government figures show that flu cases seem to be leveling off nationwide. Flu activity is declining in most regions although still rising in the West.The Centers for Disease Control and Prevention says hospitalizations and deaths spiked again last week, especially among the elderly. The CDC says quick treatment with antiviral medicines is important, in particular for the very...

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