Wall Street modestly higher as Alcoa beats revenue estimates

NEW YORK (Reuters) - Stocks edged up on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year. The market's rise came after two-days of declines, with few catalysts to give direction and investors fretting about the start of earnings season after the prior quarter's lackluster performance. Alcoa Inc...

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Venezuela court endorses Chavez inauguration delay

CARACAS (Reuters) - Venezuela's top court endorsed the postponement of Hugo Chavez's inauguration this week and ruled on Wednesday that the cancer-stricken president remained the South American OPEC nation's leader. The 58-year-old socialist has not been seen in public nor heard from in almost a month following surgery in Cuba. The government says he is in a delicate condition and cannot...

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Why bother with a Facebook phone? Facebook’s app is already on 86% of iPhones and iPads

Rumors suggesting Facebook (FB) is working on a smartphone have resurfaced a number of times over the past year. Each time, Facebook denied the various claims. Facebook may indeed still be working on its own phone but as a new report from market research firm NPD Group shows, it probably doesn’t need to.[More from BGR: Is Samsung the new Apple?]Facebook makes money by gathering information about its...

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Robin Roberts Speaks About Returning to 'Good Morning America'

For the first time since beginning her medical leave of absence from Good Morning America in September, Robin Roberts has addressed her much anticipated return to the ABC morning show. In a message posted on her Facebook page, the GMA co-host also gave a positive health update to her fans. "Wonderful Wednesday... I received very encouraging news from my doctors. They are extremely pleased with my...

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Flu season has Boston declaring health emergency

BOSTON (AP) — Massachusetts public health officials are reporting 18 flu-related deaths in the state already this season, and Boston has declared a public health emergency.A spokeswoman for Mayor Thomas Menino says the city is working with health care centers to offer free flu vaccines and also hopes to set up public locations where people can go for vaccinations. The city is reporting four flu-related...

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Wall Street declines as earnings clarity awaited

NEW YORK (Reuters) - Stocks declined on Tuesday as the market continued its retreat from last week's rally on the "fiscal cliff" deal in Congress as investors awaited the start of the earnings season with muted expectations. Profits in the fourth quarter are seen above the previous quarter's lackluster results, but analysts' current estimates are down sharply from where they were in October....

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Tunisia frees man held over attack on U.S. consulate in Libya

Tunis (Reuters) - Tunisia has freed, for lack of evidence, a Tunisian man who had been suspected of involvement in an Islamist militant attack in Libya last year in which the U.S. ambassador was killed, his lawyer said on Tuesday. Ali Harzi was one of two Tunisians named in October by the Daily Beast website as having been detained in Turkey over the violence in which Christopher Stevens,...

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Target to match some rivals’ online prices year-round

(Reuters) – Target Corp said on Tuesday it will match on a year-round basis the prices found on the websites of key rivals Amazon.com Inc, Best Buy Co Inc, Wal-Mart Stores Inc and Toys R Us, its latest tactic to hold onto shoppers focused on price.The move extends an online price-matching program that Target introduced over the holiday season and which was supposed to last only from November 1 to...

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Ben Affleck Nominated for Highest Director's Honor

Warner Bros.The nominations for Outstanding Directorial Achievement in Feature Film for 2012 have been announced by the Director's Guild of America, and Argo helmer Ben Affleck has found himself amid some very distinguished company. Read on to see who else was nominated…Video: Ben Affleck Calls the Success of 'Argo' a 'Dream' In addition to Affleck's first-ever DGA affirmation for his third directorial...

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Report: Death rates from cancer still inching down

WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer."There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer...

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