Chicago could see 6 inches of snow in Tuesday storm

Abundant sunshine and temperatures close to 50 degrees in the past few days teased sober Midwestern sensibilities.Encouraged...

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Italy faces post-vote stalemate, spooking investors

ROME (Reuters) - The Italian stock market fell and state borrowing costs rose on Tuesday as investors took fright at political deadlock after a stunning election that saw a comedian's protest party lead the poll and no group secure a clear majority in parliament. "The winner is: Ingovernability" ran the headline in Rome newspaper Il Messaggero, reflecting the stalemate the country would...

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Stock index futures point to flat to higher open

LONDON (Reuters) - Stock index futures pointed to a mixed open on Wall Street on Monday, with futures for the S&P 500 and Nasdaq 100 up 0.1 and 0.2 percent respectively by 0856 GMT, while those for Dow Jones were steady. * The U.S. stock market closed higher on Friday, with the S&P 500 adding 13.18 points, or 0.88 percent, to 1,515.60 <.spx>, after comments from Fed officials...

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Asteroid-Smashing Mission Picks Space Rock Target

A mission that aims to slam a spacecraft into a near-Earth asteroid now officially has a target — a space rock called Didymos.The joint European/U.S. Asteroid Impact and Deflection Assessment mission, or AIDA, will work to intercept Didymos in 2022, when the space rock is about 6.8 million miles (11 million kilometers) from Earth, European Space Agency officials announced Friday (Feb. 22).Didymos...

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Vatican 'Gay lobby'? Probably not

STORY HIGHLIGHTSBenedict XVI not stepping down under pressure from 'gay lobby,' Allen saysAllen: Benedict is a man who prefers the life of the mind to the nuts and bolts of government However, he says, much of the pope's time has been spent putting out firesEditor's note: John L. Allen Jr. is CNN's senior Vatican analyst and senior correspondent for the National Catholic Reporter.(CNN) -- Suffice...

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Police investigating midday sexual assault in Bucktown home

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South Korea's new president demands North drop nuclear ambitions

SEOUL (Reuters) - South Korea's new president Park Geun-hye urged North Korea on Monday to abandon its nuclear ambitions, and to stop wasting its scarce resources on arms, less than two weeks after the country carried out its third nuclear test. In her inauguration speech, the country's first female president, also called on South Koreans to help revive the nation's export-dependent economy...

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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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Pistorius' brother facing culpable homicide charge

JOHANNESBURG (AP) — The brother of Olympic star Oscar Pistorius is facing a culpable homicide charge for a 2008 road death, compounding problems for the family after the double-amputee runner was charged with premeditated murder in the Feb. 14 shooting death of girlfriend Reeva Steenkamp.Lawyer Kenny Oldwage said in a statement that Carl had been involved in a car accident "in which a woman motorcyclist...

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New England storm could pack less punch than feared

BOSTON (Reuters) – A weather system threatening New England with a third straight weekend of winter storms appeared to be weakening on Saturday night, promising less snowfall than expected.Another storm was rolling out of the Rocky Mountains in the Western United States and could create blizzard conditions in Colorado over the weekend, according to a National Weather Service advisory.Forecasters were...

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