SPRINGFIELD – After months of insisting state workers should not receive wage increases, Gov. Pat Quinn has struck a tentative...
Feb
28
Wall Street ends flat after late fade; S&P up for fourth month
Labels: WorldNEW YORK (Reuters) - Stocks ended flat on Thursday, giving up modest gains late in the session, denying the Dow a chance to inch closer to all-time highs. The S&P 500 still managed to close out February with a fourth straight month of gains. JC Penney Co Inc was the day's biggest loser, falling 17 percent to $17.57 after the department store operator reported a steep drop in sales....
AP Source: Salary cap increases to $123 million
Labels: TechnologyThe NFL salary cap for the 2013 season will rise to $123 million from $120.6 million in 2012, an NFL Players Association official familiar with negotiations over the figure told The Associated Press on Thursday.The official spoke to the AP on condition of anonymity because no formal announcement had been made.The increase, which is larger than some in the NFL had anticipated, is a result of greater-than-expected...
Syria war is everybody's problem
Labels: LifestyleSTORY HIGHLIGHTSNEW: France considers sending Syrian rebels night-vision gear and body armor, a source saysBritain's foreign secretary says the UK will announce new aid soonThe statements after European Union loosens restrictions to allow nonlethal aid to rebelsThe U.S. will also send non-lethal aid to rebels for first time, plus $60 million in administrative aidRome (CNN) -- The United States stepped...
Feb
27
Penn State upsets No. 4 Michigan 84-78
Labels: TechnologySTATE COLLEGE, Pa. (AP) — Jermaine Marshall scored 25 points and Penn State upset No. 4 Michigan 84-78 on Wednesday night for its first Big Ten win of the season.The Nittany Lions (9-18, 1-14) had lost 18 straight regular-season conference games dating to last season, but they roared back from a 15-point deficit with 10:39 left behind the energetic play of Marshall. The junior guard scored 19 in the...
Italy left on financial high-wire
Labels: LifestylePrime 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...
White House, Republicans dig in ahead of budget talks
Labels: HealthSpeaker of the House John Boehner tells Scott Pelley in a "CBS Evening News" interview that a budget deal is now out of his hands. ...
Iran upbeat on nuclear talks, West still wary
Labels: BusinessALMATY (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...
Feb
26
Wall Street rebounds on Bernanke comments, data
Labels: WorldNEW 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....
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