Wall Street slips after rally, energy shares fall

NEW YORK (Reuters) - U.S. stocks fell on Wednesday, pressured by a drop in energy shares as investors found few reasons to buy equities following a rally that has held major indexes near five-year highs for around three weeks. Equities have been strong recently, to the point that the day's modest decline was the largest for the S&P 500 since February 4. The index has jumped about...

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Armstrong won't interview with USADA

AUSTIN, Texas (AP) — Lance Armstrong won't interview under oath with the U.S. Anti-Doping Agency to reveal all he knows about doping in cycling, his attorney says.USADA officials had told Armstrong he must speak with them if he wanted to reduce his lifetime ban from sports. Wednesday was the deadline for him to agree to the interview under that offer.After more than two months of negotiations, Armstrong...

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Obama can't kick his legacy down road

President Obama has a small window of opportunity to get Congress to act on his priorities, Gloria Borger says.STORY HIGHLIGHTSGloria Borger: Prospect of deep budget cuts was designed to compel compromiseShe says the "unthinkable" cuts now have many supportersThe likelihood that cuts may happen shows new level of D.C. dysfunction, she saysBorger: President may want a 2014 House victory, but action...

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Jackson Jr. in court: 'I am guilty, your honor'

Jesse Jr. and Sandi Jackson arriving in federal court in Washington today. Former U.S. Rep. Jesse Jackson Jr. pleaded guilty...

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Bulgarian government resigns amid growing protests

SOFIA (Reuters) - Bulgaria's government resigned on Wednesday after mass protests against high power prices and falling living standards, joining a long list of European administrations felled by austerity during four years of debt crisis. Prime Minister Boiko Borisov, an ex-bodyguard who took power in 2009 on pledges to root out graft and raise incomes in the European Union's poorest member,...

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M&A deals lift shares, suggest more value in market

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as merger activity suggested the market could offer investors still more value even as the S&P 500 and Dow industrials hover near five-year highs. Equities have resisted a pullback as investors use dips in stocks as buying opportunities. The S&P is up about 7 percent so far in 2013 and has climbed for the past seven weeks in its...

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Pistorius: Thought lover an intruder in shooting

PRETORIA, South Africa (AP) — Oscar Pistorius wept Tuesday as his defense lawyer read the athlete's account of how he shot his girlfriend to death on Valentine's Day, claiming he had mistaken her for an intruder.Prosecutors, however, told a packed courtroom that the double-amputee known as the Blade Runner intentionally and mercilessly shot and killed 29-year-old Reeva Steenkamp as she cowered inside...

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How can U.S. deal with cyber war?

Michael Hayden says lack of domestic agreement is driving U.S. to take the offense on cyber attacks.STORY HIGHLIGHTSObama administration beefing up effort to counter cyberattacksMichael Hayden says emphasis is on striking first, as the U.S. does with drone attacksEx-CIA director says drone policy reflects lack of consensus on handling prisonersHayden: Is killing terrorists preferred because of division...

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Ex-law partner: Drew Peterson attorney attacked me

Joel Brodsky’s ex-law partner testified that Drew Peterson’s former lead attorney had physically attacked her in the past and...

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Venezuela's Maduro would win vote if Chavez goes: poll

CARACAS (Reuters) - Venezuelan Vice President Nicolas Maduro would win a presidential vote should his boss Hugo Chavez's cancer force him out, according to the first survey this year on such a scenario in the South American OPEC nation. Local pollster Hinterlaces gave Maduro 50 percent of potential votes, compared to 36 percent for opposition leader Henrique Capriles. Chavez...

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