Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large. Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling. Talks on the U.S. budget...

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Oscar Pistorius gets bail as murder trial looms

PRETORIA, South Africa (AP) — Oscar Pistorius walked out of court Friday — free at least for now — after a South African magistrate released him on bail, capping four days of often startling testimony that foreshadowed a dramatic trial in the Valentine's Day slaying of his girlfriend.But as he was driven away, chased by photographers and cameramen, questions continued to hound the double-amputee Olympian...

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Analysis: Italian election explained

Austerity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderSTORY HIGHLIGHTSSilvio Berlusconi is campaigning to win his old job back for the fourth timeThe eurozone's third largest economy is hurting, with unemployment surpassing 11%Pier Luigi Bersani of the center-left Democratic Party is expected to narrowly...

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Jail officers accused of ordering an inmate beaten

Two Cook County Jail officers overseeing a psychiatric ward ordered two inmates to beat up another inmate who had angered them...

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Abe vows to revive Japanese economy, sees no escalation with China

WASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe told Americans on Friday "I am back and so is Japan" and vowed to get the world's third biggest economy growing again and to do more to bolster security and the rule of law in an Asia roiled by territorial disputes. Abe had firm words for China in a policy speech to a top Washington think-tank, but also tempered his remarks by...

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European shares, euro rebound from steep losses

LONDON (Reuters) - European shares and the euro on bounced off their previous session's steep falls early on Friday despite unease over European economic forecasts, ECB crisis loan repayment data and Italian elections at the weekend. The German Ifo business climate indicator for February rose to 107.4 from 104.2, helping to lift the mood after Thursday's disappointing PMI data rattled...

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NFL exec: HGH testing resolution needed

INDIANAPOLIS (AP) — NFL senior vice president Adolpho Birch says the league and players association need to reach agreement soon on HGH testing.The NFL and the union agreed in principle to HGH testing when a new 10-year labor agreement was reached in August 2011. But protocols must be approved by both sides and the players have questioned the science in the testing procedures, stalling implementation.Speaking...

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Obama a marker on post-racial path

Donna Brazile says Black History Month is a time to note crossroads the nation has faced. STORY HIGHLIGHTSDonna Brazile: Black History Month themed crossroads, "tied to two pivotal U.S. eventsEmancipation Proclamation, March on Washington were crossroads, she saysShe says crossroad decisions are threaded along U.S. road to post-racial societyBrazile: We're not there yet, but re-election of Obama a...

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Storm begins to coat Chicago area with snow

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Doubt on Fed easing hits shares, commodities

LONDON (Reuters) - World share markets fell and the dollar and safe-haven assets rose on Thursday, a day after minutes of the Federal Reserve's last policy meeting cast doubts over how much longer the U.S. central bank would stick to its stimulus plan. After the minutes were released the euro skidded to a six-week low against the dollar of $1.3235, Asian shares experienced their worst...

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Police: Pistorius detective faces charges himself

PRETORIA, South Africa (AP) — The lead investigator in the murder case against Oscar Pistorius faces attempted murder charges himself over a 2011 shooting, police said Thursday in another potentially damaging blow to the prosecution.Prosecutors said they were unaware of the charges against veteran detective Hilton Botha when they put him on the stand in court to explain why Pistorius should not be...

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How secure is the papal election?

The Conclave of Cardinals that will elect a new pope will meet in the Sistine Chapel in Vatican City. STORY HIGHLIGHTSBruce Schneier: Rules for picking a new pope are very detailedHe says elaborate precautions are taken to prevent election fraudEvery step of the election process is observed by people who know each otherSchneier: Vatican's procedures, centuries in the making, are very secureEditor's...

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Tribune exclusive: 'We were just regular parents who were slapped in the face'

The parents of slain teen Hadiya Pendleton talk about her life...

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Mexico security forces abducted dozens in drug war: rights group

IGUALA, Mexico (Reuters) - Dozens of people were abducted and murdered by Mexican security forces over the past six years during a gruesome war with drug cartels, Human Rights Watch said on Wednesday, urging President Enrique Pena Nieto to overhaul the military justice system. The rights group said that since 2007 it has documented 149 cases of people who were never seen again after falling...

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European shares steady awaiting further growth signals

LONDON (Reuters) - European share markets were little changed on Wednesday, awaiting further signs of improving global economic recovery after a big rise in the previous session fuelled by encouraging German data. The FTSE Eurofirst <.fteu3> index of top European shares was down 0.1 percent in early trading, having gained 1.1 percent on Tuesday, its best day for three weeks <.fteu3>....

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No. 1 Indiana beats No. 4 Michigan State 72-68

EAST LANSING, Mich. (AP) — Indiana has gone from good to great, and Michigan State coach Tom Izzo thinks he knows how the Hoosiers have done it.Victor Oladipo."He makes them better," Izzo said.Oladipo shook off a sprained left ankle with a spectacular performance to lift top-ranked Indiana to a 72-68 win over the fourth-ranked Spartans on Tuesday night."I'm not going to lie, it hurt a little," Oladipo...

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Obama can't kick his legacy down road

By Gloria Borger, CNN Chief Political AnalystFebruary 19, 2013 -- Updated 2122 GMT (0522 HKT)President Obama has a small window of opportunity to get Congress to act on his priorities, Gloria Borger says.STORY HIGHLIGHTSGloria Borger: Prospect of deep budget cuts was designed to compel compromiseShe says the "unthinkable" cuts now have many supportersThe likelihood that cuts may happen shows new level...

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