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Pope confident his resignation will not hurt Church
Labels: BusinessROME (Reuters) - A visibly moved Pope Benedict tried to assure his worldwide flock on Wednesday over his stunning decision to become the first pontiff in centuries to resign, saying he was confident that it would not hurt the Church. The Vatican, meanwhile, announced that a conclave to elect his successor would start sometime between March 15 and March 20, in keeping with Church rules...
Feb
12
Wall Street edges up ahead of Obama speech as housing gains
Labels: WorldNEW YORK (Reuters) - Stocks edged higher on Tuesday, with the S&P 500 holding near multi-year highs ahead of President Barack Obama's State of the Union address, as housing stocks advanced. The economy will be a major topic of Obama's speech before a joint session of Congress set for 9 p.m. (0200 GMT Wednesday). Investors will listen for any clues on a deal with Republicans to avert...
Wrestling body reacts to Olympic rejection
Labels: TechnologyLAUSANNE, Switzerland (AP) — The governing body of wrestling says the IOC's move to drop the sport is an "aberration" against a founding event of the Olympics.Known by its French initials FILA, the organization says it is "greatly astonished" by the IOC executive board decision.FILA says it will take "all necessary measures" to convince IOC members to maintain wrestling's Olympic status when they...
Why pope will long be remembered
Labels: LifestyleTim Stanley says Pope Benedict will be seen as an important figure in church history.STORY HIGHLIGHTSTimothy Stanley: Benedict XVI's resignation is historic since popes usually serve for lifeHe says pope not so much conservative as asserting church's "living tradition" He backed traditionalists, but a conflicted flock, scandal, culture wars a trial to papacy, he saysStanley: Pope kept to principle,...
No bail for suspects in Hadiya Pendleton slaying
Labels: Health Two suspects in the slaying of 15-year-old Hadiya Pendleton were ordered held without bond today.Cook County Judge Israel Desierto ordered that Michael Ward, the alleged...
North Korean nuclear test draws anger, including from China
Labels: BusinessSEOUL (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 U.N....
Feb
11
Stock rally stalls as investors seek catalysts
Labels: WorldNEW YORK (Reuters) - Stocks slipped on Monday on lack of catalysts to move the market higher after a six-weeks-long advance that has taken the S&P 500 index near record highs. The benchmark index is up more than 6 percent so far this year after a steep rally in January that has stalled as the S&P and Dow industrials near multiyear highs. Google Inc shares fell 1...
Eagles, QB Vick agree to restructured deal
Labels: TechnologyPHILADELPHIA (AP) — Quarterback Michael Vick, who was slated to earn $16 million next season, has agreed to a restructured deal with the Philadelphia Eagles.Vick, who was injured and inconsistent last season, eventually giving way to rookie Nick Foles, now has a three-year contract, and will compete with Foles to see who runs new coach Chip Kelly's offense this season.Vick, who returned to start the...
What beats Grammy? Immortality
Labels: LifestyleLegends beyond their own timeLegends beyond their own timeLegends beyond their own timeLegends beyond their own timeLegends beyond their own timeLegends beyond their own timeSTORY HIGHLIGHTSBob Greene: Grammy nominated acts should remember the real prize comes later in lifeHe says at a hotel he ran into a group of singing stars from an earlier era, in town for a showHe says the world of post-fame...
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