Obama speech 'relied on amnesia'

STORY HIGHLIGHTSMatt Welch: State of the Union featured content-free calls to action for action's sakeHe says governed might want to know what they've gotten in return for ballooning debtDidn't we try repairing infrastructure with the stimulus package? he asksWelch: Rand Paul spoke to those who think government should get out of wayEditor's note: Matt Welch is editor in chief of Reason and co-author...

Read More..

Chicago Public Schools narrows its closing list to 129

Chicago Public Schools has narrowed the number of schools it will consider for closing to 129.The preliminary list will be culled...

Read More..

Ovation for Pope Benedict at final public mass

VATICAN CITY (Reuters) - A capacity crowd in St Peter's Basilica gave Pope Benedict a thunderous standing ovation on Wednesday at an emotional last public Mass before he resigns at the end of the month. "Thank you. Now, let's return to prayer," the 85-year-old pontiff said, bringing an end to several minutes of applause that clearly moved him. In an unusual gesture, bishops took off their...

Read More..

Wall Street ends slightly higher, Dow near a record

NEW YORK (Reuters) - Stocks closed modestly higher on Tuesday, putting the Dow within striking distance of an all-time high, as investors looked ahead to President Barack Obama's State of the Union address. Investors will be listening to Obama's speech for any clues on a deal with Republicans to avert automatic spending cuts due to take effect March 1. The tone of the speech will also...

Read More..

Body slam for wrestling: Sport cut from Olympics

LAUSANNE, Switzerland (AP) — For wrestling, this may have been the ultimate body slam: getting tossed out of the Olympic rings.The vote Tuesday by the IOC's executive board stunned the world's wrestlers, who see their sport as popular in many countries and steeped in history as old as the Olympics themselves.While wrestling will be included at the 2016 Olympics in Rio de Janeiro, it was cut from the...

Read More..

Was euro ever 'about to collapse'?

By Ramy Inocencio, for CNNFebruary 12, 2013 -- Updated 0948 GMT (1748 HKT)STORY HIGHLIGHTSFormer European Central Bank chief says euro was never going to collapseIn 2012, critics predicted at least partial breakup of 17-member eurozoneEuro plunged to 25-month low against U.S. dollar in July 2012Currency war fears prevail in run-up to G20 finance ministers meeting this weekHong Kong (CNN) -- Less than...

Read More..

Ex-cop shootout: Smoke, flame amid 'tactical operation'

A person believed to be the fugitive ex-Los Angeles cop sought...

Read More..

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 test...

Read More..

Wall Street ends flat as investors seek new catalysts

NEW YORK (Reuters) - Stocks ended a quiet session with slight moves on Monday as investors found few reasons to keep pushing shares higher following a six-week advance, though the longer-term trend was still viewed as positive. The benchmark index is up more 6.4 percent in 2013, putting both the S&P 500 and Dow industrials near multi-year highs. The S&P is less than 4 percent...

Read More..

Indiana stays at No. 1 in AP Top 25 despite loss

Indiana coach Tom Crean used an analogy to the state's second favorite sport after the Hoosiers remained No. 1 in The Associated Press' Top 25 for a second straight week.It had been over a month since a team managed to stay on top, and Indiana broke that trend despite losing a game last week, leading Crean to bring up auto racing."I had a good friend tell me that in-season rankings are the barometer...

Read More..