UNITED STATES

Pending home sales near 2-year high

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Contracts to purchase previously owned U.S. homes neared a two-year high in January, an industry group said on Monday, further evidence the housing market was slowly turning the corner.

White House to Fortify Yemen Al Qaeda Push

drone
The Obama administration is preparing to bolster Yemen's abilities to take on the country's increasingly bold and assertive Al Qaeda franchise, the New York Times reported.
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S&P ticks up to 4-year high

The S&P 500 edged higher in afternoon trading on Monday to hit its highest level since June 2008 as data showed continued improvement in the beaten-down U.S. housing market, adding to hopes for a strengthening economy.
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Buffett: My successor is in the dark too

Warren Buffett resisted pressure on Monday to identify his successor as chief executive officer of Berkshire Hathaway, saying the person who has been chosen does not even know it himself.
TransCanada

TransCanada Aims to Build Southern Leg of Keystone Pipeline

TransCanada Corp said on Monday it aims to build the southern leg of its $7 billion Keystone XL oil pipeline first, skirting a full-blown federal review and heightening competition to move crude out of the glutted Cushing, Oklahoma, storage hub.
Tech nerds and electronic fanatics are gearing up for the release of Apple's latest revelation: the iPad 3. Rumors have circulated that the tablet is already on its way to the U.S. from China, heightening excitement among potential buyers. But with iPhone

iPad 3 Release Date 2012: Can a Apple Tablet Replace a PC?

Tech nerds and electronic fanatics are gearing up for the release of Apple’s latest revelation: the iPad 3. Rumors have circulated that the tablet is already on its way to the U.S. from China, heightening excitement among potential buyers. But with iPhones, iPods, MacBooks, and iPads, one can be a little confused about choosing the gadget that best suits their needs.
Vladimir Putin

Putin Warns West Against Action in Syria

The Russian prime minister's admonition comes despite reassurances from U.S. Secretary of State Hilary Clinton, who said any foreign intervention could lead to a civil war in Syria.
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Like Home Depot, Lowe's gains from warm winter

Lowe's Cos , the world's second-largest home improvement chain, reported higher-than-expected quarterly sales as a warm winter prompted many homeowners to take up renovation projects that they normally save for the spring.
View of a Lowe's storefront in Burbank, Calif.

Lowe's Beats Profit View on Warm Weather, Housing Recovery

Profits at the nation's second-largest home improvement retailer rose more than expected in the just-ended quarter as a warmer-than-usual winter, an incipient recovery in the U.S. housing sector and consumer's willingness to once again charge their purchases to their credit cards combined to help boost sales.
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More U.S. customers changed banks last year: survey

Nearly 10 percent of customers of U.S. banks moved their accounts last year, often after they became frustrated with fees and the quality of service, market research firm J.D. Power and Associates said on Monday.

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