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Wall Street Week Ahead: Investors look for signs in the rally's break

Written by  |  Friday, 24 May 2013 18:14  |  Published in US NEWS
Traders work on the floor at the New York Stock Exchange

By Caroline Valetkevitch

NEW YORK (Reuters) - The stock market 's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path.

Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer.

The three major U.S. stock indexes posted a decline for the week on Friday, their first weekly

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Parolee indicted in theft of Gold Rush jewelry box

Written by  |  Friday, 24 May 2013 18:12  |  Published in US NEWS

OAKLAND, Calif. (AP) — A parolee was indicted by a federal grand jury in the theft of a valuable Gold Rush-era jewelry box from the Oakland Museum of California, authorities said Friday.

Andre Taray Franklin , 45, of Oakland was charged Thursday with theft of major artwork and unlawful concealment and disposition of stolen major artwork, U.S. Attorney Melinda Haag said.

Franklin is accused of stealing the 19th century gold-encrusted jewelry box valued at more

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Republican rips Obama for meeting with illegal immigrants, icing out officer union

Written by  |  Friday, 24 May 2013 18:11  |  Published in US NEWS

A top Republican lawmaker blasted President Obama after he held an Oval Office meeting this week with illegal immigrants, despite having ignored recent requests for a sit-down from the union representing immigration officers. 

“The fact that the president and the vice president are hosting illegal immigrants in the White House while constricting citizen tours and refusing to meet with immigration officers says it all,” Sen. Jeff Sessions, R-Ala., said in a statement to FoxNews.com Friday.

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UK launches inquiry into MI5 tracking of terrorists

Written by  |  Friday, 24 May 2013 18:11  |  Published in US NEWS

The savage attack mounted by Muslim terrorists on a soldier on a busy London street has prompted a parliament inquiry into what the nation's vaunted MI5 domestic intelligence agency could have done to stop the suspects, both of whom had raised alarms with authorities.

The two suspects accused of hacking 25-year-old British soldier Lee Rigby to death Wednesday remained hospitalized under guard after being shot by police following the shocking incident, the aftermath of which

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2 arrested after incident on plane from Pakistan to UK

Written by  |  Friday, 24 May 2013 18:11  |  Published in US NEWS

Britain scrambled fighter jets Friday to intercept a commercial airliner carrying more than 300 people from Pakistan, diverting it to an isolated runway at an airport on the outskirts of London and arresting two British passengers who allegedly threatened to destroy the plane.

A British security official said the situation involving the Pakistan International Airlines flight did not appear terror-related, though police were still investigating, but the incident further rattled the U.K.

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Arizona sheriff's office profiles Latinos, federal judge rules

Written by  |  Friday, 24 May 2013 18:01  |  Published in US NEWS

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Judge: Ariz. sheriff's office profiles Latinos

Written by  |  Friday, 24 May 2013 17:56  |  Published in US NEWS

PHOENIX (AP) — A federal judge has ruled that the office of America's self-proclaimed toughest sheriff systematically racially profiled Latinos in its trademark immigration patrols.

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Judge rules against Arizona Sheriff Joe Arpaio in racial profiling suit

Written by  |  Friday, 24 May 2013 17:56  |  Published in US NEWS
Judge rules against Arizona Sheriff Joe Arpaio in racial profiling suit

PHOENIX (Reuters) - A federal judge on Friday found hard-line Arizona lawman

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Tiger kills UK zoo worker

Written by  |  Friday, 24 May 2013 17:29  |  Published in US NEWS

A British zoo worker who was injured in a tiger attack at an animal park near Dalton-in-Furness has died, police said Friday.

Sarah McClay, 24, from the Barrow area, was attacked by a tiger within its enclosure Friday afternoon, Cumbria police said. The woman was taken by air ambulance to Royal Preston Hospital after the attack at the South Lakes Wild Animal Park, but she did not survive.

McClay had suffered head and neck injuries, the BBC reported.

Police are still investigating the circumstances that led to the attack.

"Sarah's family are very shocked and distressed and request that they have privacy as they try to come to terms with their loss," the police statement read.

The public was not at risk during the attack, officials said. The wildlife park, which, according to the BBC, opened in 1994 and has both Siberian and Sumatran tigers, closed early Friday.

Original Source

5 lost on third-highest peak

Written by  |  Friday, 24 May 2013 17:29  |  Published in US NEWS

Desmond Boylan / Reuters file

Mount Kanchenjunga, the third highest peak in the world with an altitude of 28,169 feet, is seen in this aerial view taken from a passenger aircraft flying over Nepal at a height of 30,000 feet. Five climbers are lost on the Himalayan range peak.

Five climbers including two Hungarians and a South Korean are missing on the world's third-highest mountain and feared dead, a mountaineering official said Friday.

The five disappeared Monday on Mount Kanchenjunga, and bad weather was preventing a rescue helicopter from reaching their base camp.

Original Source

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