Wall Street rally stalls, S&P 500 skims November 2007 high

NEW YORK (Reuters) - Stocks were little changed on Wednesday amid investor caution after the S&P 500 index briefly hit its highest intraday level since November 2007. The benchmark index got a boost from Comcast Corp , which said it will buy the rest of NBC Universal for $16.7 billion from General Electric Co . Equities have been strong performers until recently, buoyed...

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Pope confident his resignation will not hurt Church

ROME (Reuters) - A visibly moved Pope Benedict tried to assure his worldwide flock on Wednesday over his stunning decision to become the first pontiff in centuries to resign, saying he was confident that it would not hurt the Church. The Vatican, meanwhile, announced that a conclave to elect his successor would start sometime between March 15 and March 20, in keeping with Church rules...

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Making the Wonderful World of 'Oz the Great and Powerful'

Oz The Great and Powerful lands in theaters on March 8, and director Sam Raimi's epic, magical return to L. Frank Baum's beloved fantasy land features a dazzling cornucopia of costumes, set creations and makeup effects unlike anything moviegoers have seen before. Go behind the scenes to see how the filmmakers put it all together…Pics: Stars without Makeup Disney's fantastical adventure stars James...

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Report: Tracking system needed to fight fake drugs

WASHINGTON (AP) — Fighting the problem of fake drugs will require putting medications through a chain of custody like U.S. courts require for evidence in a trial, the Institute of Medicine reported Wednesday.The call for a national drug tracking system comes a week after the Food and Drug Administration warned doctors, for the third time in about a year, that it discovered a counterfeit batch of the...

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Wall Street edges up ahead of Obama speech as housing gains

NEW YORK (Reuters) - Stocks edged higher on Tuesday, with the S&P 500 holding near multi-year highs ahead of President Barack Obama's State of the Union address, as housing stocks advanced. The economy will be a major topic of Obama's speech before a joint session of Congress set for 9 p.m. (0200 GMT Wednesday). Investors will listen for any clues on a deal with Republicans to avert...

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North Korean nuclear test draws anger, including from China

SEOUL (Reuters) - North Korea conducted its third nuclear test on Tuesday in defiance of U.N. resolutions, drawing condemnation from around the world, including from its only major ally, China, which summoned the North Korean ambassador to protest. Pyongyang said the test was an act of self-defense against "U.S. hostility" and threatened stronger steps if necessary. The U.N....

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Faith Hill Becomes a Brace Face

Faith Hill has been rocking a new accessory that garnered lots of attention when she hit the Grammy Awards red carpet on Sunday. The country crooner stepped out wearing clear braces, which led us to ask: What was wrong with her teeth in the first place?Never mentioning that she's been wearing veneers for decades, Hill, 45, explained the mouth metal to radio station KNIX at the Country Music Awards,...

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Pope shows lifetime jobs aren't always for life

The world seems surprised that an 85-year-old globe-trotting pope who just started tweeting wants to resign, but should it be? Maybe what should be surprising is that more leaders his age do not, considering the toll aging takes on bodies and minds amid a culture of constant communication and change.There may be more behind the story of why Pope Benedict XVI decided to leave a job normally held for...

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Stock rally stalls as investors seek catalysts

NEW YORK (Reuters) - Stocks slipped on Monday on lack of catalysts to move the market higher after a six-weeks-long advance that has taken the S&P 500 index near record highs. The benchmark index is up more than 6 percent so far this year after a steep rally in January that has stalled as the S&P and Dow industrials near multiyear highs. Google Inc shares fell 1...

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Pope's sudden resignation sends shockwaves through Church

VATICAN CITY (Reuters) - Pope Benedict stunned the Roman Catholic Church including his closest advisers on Monday when he announced he would stand down in the first papal abdication in 700 years, saying he no longer had the mental and physical strength to run the Church through a period of major crisis. Church officials tried to relay a climate of calm confidence in the running of a 2,000-year-old...

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