Wall Street pauses after rally to five-year high

NEW YORK (Reuters) - Stocks drifted in light volume on Wednesday, ending little changed, as investors remained cautious after the S&P 500 index briefly hit its highest intraday level since November 2007. The S&P 500 was buoyed by General Electric after cable company Comcast Corp said it will buy from GE the the part of NBCUniversal it didn't already own for $16.7 billion. ...

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Barry Bonds seeks dismissal of felony conviction

SAN FRANCISCO (AP) — A lawyer for Barry Bonds urged a federal appeals court on Wednesday to toss out the slugger's obstruction of justice conviction, saying a rambling answer he gave while testifying before a grand jury was not a crime.Appellate specialist Dennis Riordan argued that Bonds was not formally or specifically charged with the felony that he was convicted of committing. A federal jury in...

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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...

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Remains found in burned cabin after standoff with rogue cop

The manhunt for fugitive ex-cop Christopher Dorner appears to have come to a dramatic and deadly end at a burned-out cabin near Big Bear Lake, Calif. CBS News' Carter Evans reports. ...

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Iran suggests progress, but no deal, in U.N. atom talks

DUBAI (Reuters) - Iran indicated that some progress was made in talks with the U.N. nuclear watchdog on Wednesday, but that the two sides again failed to finalize an elusive framework deal over the Islamic state's disputed atomic activity. Iran's ambassador to the International Atomic Energy Agency (IAEA), Ali Asghar Soltanieh, said a new meeting would be held, without giving a date....

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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...

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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...

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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...

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Ex-cop shootout: Cabin on fire, search for suspect

Raw footage of Christopher Dorner's cabin engulfed in flames. It is unclear who set it. There are also reports of ammo exploding inside. ...

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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...

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