Archive for July 26th, 2013

Egypt on edge with mass protests in Cairo

July 26, 2013
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By Yasmine Saleh and Asma Alsharif CAIRO (Reuters) – Hundreds of thousands of Egyptians took to the streets on Friday in rival mass rallies for and against the army’s overthrow of Islamist president Mohamed Mursi, who state media said was under investigation for charges including murder.
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Rapper’s force-feeding video riles Gitmo medics

July 26, 2013
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By Jane Sutton GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) – A video protesting force-feeding at Guantanamo Bay detention camp in which rapper Mos Def is seen struggling and weeping while undergoing the procedure has done the rounds at the Navy base. U.S. medics who perform the real thing on hunger-striking prisoners say they’re...
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Summers’ work for financial firms could give critics ammunition

July 26, 2013
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NEW YORK (Reuters) – Former U.S. Treasury Secretary Lawrence Summers, a top contender for the leadership of the Federal Reserve, has been a consultant to large financial institutions, including Citigroup Inc, news that could fuel questions about his suitability to head the central bank.
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Wall St. Week Ahead: Stocks face the Fed, jobs and earnings

July 26, 2013
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By Caroline Valetkevitch NEW YORK (Reuters) – The coming week on Wall Street could be a summer blockbuster, with the marquee featuring a triple bill: the Fed, jobs and earnings.
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Ex-IMF chief Strauss-Kahn to be tried for pimping: lawyer

July 26, 2013
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LILLE, France (Reuters) – Former IMF head Dominique Strauss-Kahn will be judged by a French criminal court on charges of pimping, his lawyer told Reuters on Friday.
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Cleveland kidnapping suspect to appear at hearing; plea deal possible

July 26, 2013
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The man accused of kidnapping three Cleveland women and repeatedly raping them will appear Friday in court and could agree to a plea bargain that would spare him the death penalty.
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July 26: Are Earnings Driving Stock Market Highs?

July 26, 2013
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The stock market today will likely sustain the directionless and tentative mood of recent sessions. With the Q2 earnings season more than halfway through, investors seem to be scratching their heads to find earnings support for pushing stocks into record territory.   Having seen Q2 results from 59.2% of the market cap of the...
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Stock futures fall in pause after rally, mixed earnings

July 26, 2013
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By Angela Moon NEW YORK (Reuters) – Wall Street was set for a lower open on Friday as the market took a breather from a recent rally that has taken the S&P 500 up 18.5 percent for the year and as investors digested a slew of major earnings.
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