Lilly drug chosen for Alzheimer's prevention study

Researchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.Earlier studies found it did not help people with moderate...

Read More..

Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal. The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation...

Read More..

Algerian army stages "final assault" on gas plant

ALGIERS/IN AMENAS, Algeria (Reuters) - The Algerian army carried out a dramatic final assault to end a siege by Islamist militants at a desert gas plant on Saturday in which 23 hostages were killed, many of them believed to be foreigners, the interior ministry said. Thirty-two al Qaeda-linked militants were killed in the army operation to recapture the complex, according to a provisional...

Read More..

Raspberry Pi creator says sequel unlikely in 2013

Raspberry Pi’s $ 35 Linux-based computer is a runaway success. Creator Eben Upton told ZDNet in a recent interview that his team thought they would sell 1,000 units when they were designing the mini PC, but sales have now topped 700,000. ”We honestly did think we would sell about 1,000, maybe 10,000 in our wildest dreams,” Upton said. “We thought we would make a small number and give...

Read More..

Elisabeth Röhm Blogs: Deciding When to Share and When to Shield Children

Beautiful sunset – Courtesy Elisabeth Röhm Elisabeth Röhm, best known for her roles as Serena on Law & Order and Kate on Angel, has been blogging for PEOPLE.com for two years now.The actress, 39, currently stars as Taylor on The Client List, while her film In the Dark re-airs on Lifetime throughout January.Her book, Object of My Conception: A Journey to Motherhood Through IVF, will be released...

Read More..

Flu season 'bad one for the elderly,' CDC says

The number of older people hospitalized with the flu has risen sharply, prompting federal officials to take unusual steps to make more flu medicines available and to urge wider use of them as soon as symptoms appear.The U.S. is about halfway through this flu season, and "it's shaping up to be a worse-than-average season" and a bad one for the elderly, said Dr. Thomas Frieden, director of the Centers...

Read More..

Dow, S&P 500 end at five-year highs on early earnings beats

NEW YORK (Reuters) - The Dow and S&P 500 closed at five-year highs on Friday as the market registered a third straight week of gains on a solid start to the quarterly earnings season. Morgan Stanley was the latest Wall Street bank to report strong results. Its better-than-expected earnings followed similar report cards from Goldman Sachs and JP Morgan Chase earlier in the week....

Read More..

Foreigners still caught in Sahara hostage crisis

ALGIERS/IN AMENAS, Algeria (Reuters) - More than 20 foreigners were still either being held hostage or missing inside a gas plant on Friday after Algerian forces stormed the desert complex to free hundreds of captives taken by Islamist militants. More than a day after the Algerian army launched an assault to seize the remote desert compound, much was still unclear about the number and...

Read More..

In Which Actual Joe Biden and ‘Onion’ Joe Biden Pal Around on Reddit and Twitter

The Onion‘s brilliant creation, “Diamond” Joe Biden, stopped by Reddit, in character, for one of the site’s signature Ask Me Anything sessions on Friday afternoon. And, hey, look who asked something over Twitter just as the AMA began:Q for @reddit AMA with my @theonion pal: A Trans-Am? Ever look under the hood of a Corvette? #imavetteguy –VP twitter.com/VP/status/2923…— Office of VP Biden (@VP) January...

Read More..

Katie Holmes's Hair Has a New Job

Stylewatch Style News Now 01/18/2013 at 03:30 PM ET Courtesy AlternaKatie Holmes has your beauty routine covered.Just months after signing on as the first famous face of Bobbi Brown cosmetics, the actress has inked a deal as the debut celebrity spokeswoman for Alterna Haircare.Never heard of the brand?...

Read More..

Will Obama's order lead to surge in gun research?

MILWAUKEE (AP) — Nearly as many Americans die from guns as from car crashes each year. We know plenty about the second problem and far less about the first. A scarcity of research on how to prevent gun violence has left policymakers shooting in the dark as they craft gun control measures without much evidence of what works.That could change with President Barack Obama's order Wednesday to ease research...

Read More..

Housing, job-market data push S&P to five-year high

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks on Thursday, pushing the S&P 500 to a five-year high and its third day of gains. A pair of economic reports lifted investors' sentiment. The number of Americans filing new claims for unemployment benefits fell to a five-year low last week and housing starts jumped last month...

Read More..

Thirty hostages reported killed in Algeria assault

ALGIERS (Reuters) - Thirty hostages and at least 11 Islamist militants were killed on Thursday when Algerian forces stormed a desert gas plant in a bid to free many dozens of Western and local captives, an Algerian security source said. Details remained scant - including for Western governments, some of which did little to disguise irritation at being kept in the dark by Algeria before...

Read More..

Intel’s revenue forecast short of expectations

SAN FRANCISCO (Reuters) – Intel Corp forecast current-quarter revenue that was slightly below expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.PC makers are struggling to stop a decline in sales as consumers hold off on buying new laptops in favor of spending on more nimble mobile gadgets.Microsoft Corp‘s long-awaited launch of Windows...

Read More..

Britney Spears & Jason Trawick Split: Will She Be Okay?

01/17/2013 at 05:00 PM EST Britney Spears and Jason Trawick Michael Kovac/Getty The new year has already been full of change for Britney Spears.She's left her gig as judge on The X Factor, her new puppy Hannah is gravely ill, and on Jan. 11 she announced she...

Read More..

Large study confirms flu vaccine safe in pregnancy

NEW YORK (AP) — A large study offers reassuring news for pregnant women: It's safe to get a flu shot.The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health...

Read More..

S&P 500 ends flat as bank profits temper growth concerns

NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...

Read More..

Sahara Islamists take hostages, spreading Mali war

ALGIERS/BAMAKO (Reuters) - Islamist fighters seized dozens of Western and Algerian hostages in a dawn raid on a natural gas facility deep in the Sahara on Wednesday and demanded France halt a new offensive against rebels in neighboring Mali. Three people, among them one British and one French, were reported killed, but details were sketchy and numbers of those held at Tigantourine ranged...

Read More..

RIM says users line up to try new BlackBerry 10 platform

TORONTO (Reuters) – BlackBerry maker Research in Motion is helping customers prepare to switch to its soon-to-be-launched BlackBerry 10 smartphones that it hopes will help it reclaim market share from rivals such as Apple Inc.RIM is betting that the new range of touch-screen and keyboard devices, set for a January 30 launch, will revive its fortunes.The company was “very enthused by the engagement...

Read More..