Feb
27

AP Source: 49ers to send Smith to KC

SAN FRANCISCO (AP) — Alex Smith quietly stayed behind the scenes after losing his job and watched from the sideline as San Francisco returned to the Super Bowl for the first time in 18 years. Yet the No. 1 overall draft pick from 2005 did make one thing known: The veteran quarterback still considers himself a starter.And he hoped to get that chance again. Now, he appears to have it.The Kansas City...
Read More..

Italy left on financial high-wire

Prime Minister Silvio Berlusconi delivers a speech during a campaign rally in Rome on January 25, 2013. STORY HIGHLIGHTSBrilliant minds are still trying to figure out the financial impact of Italy's electionThe lack of certainty is seen as a negative for Italy -- and the eurozoneInstability could reignite the eurozone crisisBut it depends on what deal will be done, and how the markets will respond...
Read More..

White House, Republicans dig in ahead of budget talks

Speaker of the House John Boehner tells Scott Pelley in a "CBS Evening News" interview that a budget deal is now out of his hands. ...
Read More..

Iran upbeat on nuclear talks, West still wary

ALMATY (Reuters) - Iran was upbeat on Wednesday after talks with world powers about its nuclear work ended with an agreement to meet again, but Western officials said it had yet to take concrete steps to ease their fears about its atomic ambitions. Rapid progress was unlikely with Iran's presidential election, due in June, raising domestic political tensions, diplomats and analysts had...
Read More..
Feb
26

Wall Street rebounds on Bernanke comments, data

NEW YORK (Reuters) - U.S. stocks rebounded from their worst decline since November on Tuesday after Federal Reserve Chairman Ben Bernanke defended the Fed's bond-buying stimulus and sales of new homes hit a 4 1/2-year high. The S&P 500 had climbed 6 percent for the year and came within reach of all-time highs before the minutes from the Fed's January meeting were released last Wednesday....
Read More..

Experts: Pistorius violated basic firearms rules

JOHANNESBURG (AP) — Even if Oscar Pistorius is acquitted of murder, firearms and legal experts in South Africa believe that, by his own account, the star athlete violated basic gun-handling regulations and exposed himself to a homicide charge by shooting into a closed door without knowing who was behind it.Particularly jarring for firearms instructors and legal experts is that Pistorius testified...
Read More..

Benedict: Pope aware of his flaws?

Pope Benedict XVI delivers his last Angelus Blessing to thousands of pilgrims gathered in Saint Peter's Square on February 24.STORY HIGHLIGHTSSister Mary Ann Walsh: Pope Benedict acknowledged that he made mistakesWalsh: In firestorm over scholarly quotes about Islam, he went to great lengths to atoneWalsh: Similarly, he quickly reversed a decision that had angered Jews and repaired tiesEven his stepping...
Read More..

Winter storm: Lake, McHenry could see 10 inches of snow

Tom updates Tuesday's storm. (WGN - Chicago) A winter storm warning for up 6 to 10 inches of snow has been issued for Lake and...
Read More..
Feb
25

Wall Street trips and falls on cloudy Italian election

NEW YORK (Reuters) - Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy. The decline marks the biggest percentage drop for the benchmark Standard & Poor's 500 Index since November7, and...
Read More..

AP source: Tom Brady gets 3-year extension

Tom Brady will be a Patriot until he is 40 years old.Brady agreed to a three-year contract extension with New England on Monday, a person familiar with the contract told The Associated Press. The extension is worth about $27 million and will free up nearly $15 million in salary cap room for the team, which has several younger players it needs to re-sign or negotiate new deals with.The person spoke...
Read More..