Report links drug agents to Secret Service prostitute scandal: NBC

WASHINGTON (Reuters) - Two drug enforcement agents "facilitated a sexual encounter" between a prostitute and a Secret Service agent before an international summit in Colombia last April, NBC News reported on Thursday, citing a Justice Department investigation.The two Drug Enforcement Administration agents also admitted paying for the sexual services of a prostitute, and used their government-issued...

Read More..

Canadian dollar overlooks U.S. results in rangebound trade

TORONTO (Reuters) - Canada's dollar ended slightly lower against its U.S. counterpart on Wednesday, shrugging off a modest rally in other riskier assets after Alcoa opened the U.S. earnings season with an optimistic outlook.Global equities staged a modest recovery after two days of losses. Even with the encouraging Alcoa report, investors lacked a clear view of how U.S. corporations fared in the...

Read More..

Wall Street rises after Alcoa reports earnings

NEW YORK (Reuters) - Stocks rose on Wednesday, rebounding from two days of losses, as investors turned their focus to the first prominent results of the earnings season.Stocks had retreated at the start of the week from the S&P 500's highest point in five years, hit last Friday, on worries about possible earnings weakness.Shares of Alcoa Inc were down 0.5 percent to $9.08 after early gains, following...

Read More..

Asia stocks rise on positive start to US earnings

BANGKOK (AP) — A positive start to U.S. corporate earnings season helped boost Asian stock markets Thursday.Major regional benchmarks rose on the heels of a handful of better-than-expected results that also lifted Wall Street.Consumer products maker Helen of Troy, whose brands include Dr. Scholl's and Vidal Sassoon, reported a 15 percent profit increase. Electronic payments processor Global Payments...

Read More..

Golf-Goosen returns after "totally disintegrated" disc

Jan 8 (Reuters) - Twice U.S. Open winner Retief Goosen will play his first tournament for nearly five months at this week's Volvo Golf Champions in South Africa after having surgery on a "totally disintegrated" disc in his back.The 43-year-old South African, who rated his health as "about five out of 10" at the WGC-Bridgestone Invitational in August in his penultimate event before an extensive break...

Read More..

Goosen returns after "totally disintegrated" disc

Twice U.S. Open winner Retief Goosen will play his first tournament for nearly five months at this week's Volvo Golf Champions in South Africa after having surgery on a "totally disintegrated" disc in his back.The 43-year-old South African, who rated his health as "about five out of 10" at the WGC-Bridgestone Invitational in August in his penultimate event before an extensive break to repair his...

Read More..

Jets fire offensive coordinator Tony Sparano

FLORHAM PARK, N.J. (AP) — Tony Sparano has been fired as the New York Jets' offensive coordinator after one season in which the offense ranked among the league's worst.Sparano was hired last March to replace Brian Schottenheimer and take over an offense that struggled mightily. Instead, the former Miami Dolphins head coach wasn't able to jumpstart the running game or figure out a way to use Tim Tebow...

Read More..

Asian shares slip, Basel ruling supports banks

 Asian stocks drifted down on Monday as investors booked profits from a New Year rally that had pushed markets to multi-month highs, although financial stocks gained after global regulators decided to relax draft plans for tough new bank liquidity rules.Commodity prices mostly held steady, supported by data showing the U.S. economy continuing on a path of slow but steady recovery that propelled...

Read More..

Burundi coffee earnings fall 63 pct in December

 Burundi's earnings from coffee exports fell 63 percent in December from the previous month due to lower volumes sold, the country's industry regulator said on Monday."Low quantities of coffee were exported in December as most buyers in western countries were off for the holidays," said regulator ARFIC in its monthly report.Earnings dropped to $2.1 million from $5.7 million in November, as the...

Read More..

Maruti shares hit four-year high; earnings seen improving

MUMBAI (Reuters) - Maruti Suzuki shares rose to a four-year high on Monday on hopes earnings would improve due to rising sales for passenger vehicles, while margins were also seen increasing due to the depreciation in the Japanese yen.CLSA's upgrade of Maruti Suzuki Ltd to 'buy' from 'sell' also helped boost the stock, traders said.At 2:31 p.m., Maruti shares were up 3 percent to 1,591.5 rupees after...

Read More..