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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Fans injured when car sails into fence at Daytona

DAYTONA BEACH, Fla. (AP) — At least 30 NASCAR fans were injured Saturday when a car sailed into the fence at Daytona International Speedway, and large chunks of debris — including a tire — flew into the grandstands. No fatalities were reported from the accident on the last lap of the Nationwide Series race.The crash began as the field closed in on the finish line, and rookie Kyle Larson's car came...

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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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2 hurt in melee near Ford City Mall

Two people suffered minor injuries in a disturbance involving large crowds of "kids" tonight at Ford City Mall on the Southwest Side. A Chicago Lawn District police...

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Italians head to polls in crucial vote for euro zone

ROME (Reuters) - Italians vote on Sunday in one of the most closely watched elections in years with markets nervous about whether it will produce a strong government to pull Italy out of recession and help resolve the euro zone debt crisis. A huge final rally by anti-establishment-comedian-turned-politician Beppe Grillo on Friday before a campaigning ban kicked in has highlighted public...

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Wall Street rebounds on HP results, Fed officials' views

NEW YORK (Reuters) - U.S. stocks rose on Friday as Dow component Hewlett-Packard surged on strong results and comments from Fed officials allayed fears that the central bank would curtail its stimulus measures. Federal Reserve Chairman Ben Bernanke downplayed worries that the Fed has fueled asset bubbles that could hurt the economy in a private meeting with bond dealers and investors...

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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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Drew Peterson transferred to Pontiac prison

Drew Peterson’s new life as an Illinois Department of Corrections inmate has begun.Peterson was transferred this morning to...

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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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Wall Street ends lower on growth worries

NEW YORK (Reuters) - U.S. stocks fell for a second straight day on Thursday and the S&P 500 posted its worst two-day loss since November after reports cast doubt over the health of the U.S. and euro-zone economies. But a late-day rally helped stocks erase some of their losses with most of the pullback concentrated in the technology- heavy Nasdaq. The move suggested investors were...

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McIlroy: Another 1 bites the dust

MARANA, Ariz. (AP) — The snow is gone from the Match Play Championship, and so are Rory McIlroy and Tiger Woods.In a stunning conclusion to what already is a bizarre week on Dove Mountain, Shane Lowry of Ireland made a 4-foot par putt on the 18th hole to eliminate Rory McIlroy in the opening round of golf's most unpredictable tournament.It was the third time in the last four years the No. 1 seed went...

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Drew Peterson: 'Until this happened, I thought I was a great guy'

Moments after screaming in court, "I did not kill Kathleen," Drew Peterson was sentenced to 38 years in prison for the 2004...

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French, Malian forces fight Islamist rebels in Gao

GAO, Mali (Reuters) - French and Malian troops fought Islamists on the streets of Gao and a car bomb exploded in Kidal on Thursday, as fighting showed little sign of abating weeks before France plans to start withdrawing some forces. Reuters reporters in Gao in the country's desert north said French and Malian forces fired at the mayor's office with heavy machineguns after Islamists were reported...

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Wall Street ends down sharply after Fed minutes

DEAR ABBY: My boyfriend, "Doug" (24), and I (22) have been in a long-distance relationship for a year, but we were friends for a couple of years before that. I had never had a serious relationship before and lacked experience. Doug has not only been in two other long-term relationships, but has had sex with more than 15 women. One of them is an amateur porn actress.I knew about this, but it didn't...

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Source: 2 bodies found at house after fire might have been stabbed

Firefighters found the bodies of two women at a South Side residence this afternoon while putting out a fire at the home, according...

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French general urges EU to equip "impoverished" Mali army

BAMAKO, Mali (Reuters) - The European Union should complement a mission to train Mali's army, routed by rebels last year, by providing equipment from uniforms to vehicles and communications technology, a French general said on Wednesday. General Francois Lecointre, appointed to head the EU training mission to Mali (EUTM) that was formally launched this week, said in Bamako equipping the...

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