2 in custody after shooting death of teen

The mother and aunt of 17-year-old Tyrone Lawson, who was killed after watching a prep basketball game at Chicago State University on Jan. 16, 2013, talk about the incident. ...

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Algeria ends desert siege, but dozens killed

ALGIERS (Reuters) - Algerian forces stormed a desert gas complex to free hundreds of hostages but 30, including several Westerners, were killed in the assault along with at least 11 of their Islamist captors, an Algerian security source told Reuters. Western leaders whose compatriots were being held did little to disguise their irritation at being kept in the dark by Algeria before the...

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S&P 500 ends flat as bank profits temper growth concerns

NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast for global growth in 2013. Shares of Goldman Sachs hit their highest since May 2011 as earnings nearly tripled on increased revenue from dealmaking and lower compensation expenses. JPMorgan Chase said fourth-quarter...

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Story of Te'o girlfriend death apparently a hoax

SOUTH BEND, Ind. (AP) — Notre Dame said a story that star Manti Te'o's girlfriend had died of leukemia — a loss he said inspired him all season and helped him lead the Irish to the BCS title game — turned out to be a hoax apparently perpetrated against the linebacker.The university issued a statement about a hoax Wednesday after Deadspin.com said it could find no record that Lennay Kekua ever existed.By...

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Will Europe’s nose dive in consumer spending crush smartphone sales as well?

There are new signs of European consumer spending finishing the year 2012 on a very weak note. Could this mean that consumer electronics sales from video game consoles to smartphones will face an outright slump in the first quarter of 2013? The latest — and worst — indication of a European consumption freeze comes from the automobile industry. Car sales in the European Union dove more than 16% in...

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Gruesome toll of cluster bombs in Syria

STORY HIGHLIGHTSHuman Rights Watch says cluster bombs were used on Syrian town of LatamnehCluster bombs release dozens of smaller bombs, which can maim or kill long after impactSyrian regime has previously denied cluster bombs on civiliansEditor's note: Mary Wareham is the Arms Division's Advocacy Director for Human Rights Watch and chief editor of 'Cluster Munition Monitor 2012.' (CNN) -- It was...

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Obama unveils biggest gun-control push in decades

At the White House earlier today President Obama unveiled a set of gun control measures intended to prevent and reduce violence in the wake of the massacre at Sandy Hook Elementary School in Newtown, CT. (Posted: January 16, 2013). ...

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Sahara Islamists take hostages, spreading Mali war

ALGIERS/BAMAKO (Reuters) - Islamist fighters seized dozens of Western and Algerian hostages in a dawn raid on a natural gas facility deep in the Sahara on Wednesday and demanded France halt a new offensive against rebels in neighboring Mali. Three people, among them one British and one French, were reported killed, but details were sketchy and numbers of those held at Tigantourine ranged...

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Dow, S&P 500 inch up with retailers but Apple drags again

NEW YORK (Reuters) - The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day. Apple was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Shares declined 3.2 percent to $485.92 and closed below $500 for...

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Anti-doping officials want Armstrong under oath

A televised confession by Lance Armstrong isn't enough.Anti-doping officials want the disgraced cyclist to admit his guilt under oath before considering whether to lift a lifetime ban clouding his future as a competitive athlete. That was seconded by at least one former teammate whom Armstrong pushed aside on his way to the top of the Tour de France podium."Lance knows everything that happened," Frankie...

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