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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Italy's Innerhofer wins World Cup downhill

GARMISCH-PARTENKIRCHEN, Germany (AP) — Christof Innerhofer of Italy won his third World Cup downhill of the season Saturday, on a course where he has a history of good results.Innerhofer bested three Austrians to earn his sixth career victory, covering the 2.58-kilometer (1.6-mile) Kandahar course in 1 minute, 37.83 seconds to beat Georg Streitberger by 0.12 seconds. Streitberger was the 30th runner...

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New Privately Built Rocket Passes Key Engine Test

A new commercial rocket designed to launch unmanned cargo missions to the International Space Station passed a key engine test Friday night (Feb. 22), setting the stage for the booster’s debut flight in the months ahead, NASA officials say.The Virginia-based company Orbital Sciences Corp. test-fired the first stage engines of its new Antares rocket at the Mid-Atlantic Regional Spaceport on Wallops...

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Analysis: Italian election explained

Austerity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderSTORY HIGHLIGHTSSilvio Berlusconi is campaigning to win his old job back for the fourth timeThe eurozone's third largest economy is hurting, with unemployment surpassing 11%Pier Luigi Bersani of the center-left Democratic Party is expected to narrowly...

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Charges filed in slaying of Clemente High School student

Authorities filed charges against a 34-year-old man in connection with the shooting death of an 18-year-old Clemente High School...

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Abe vows to revive Japanese economy, sees no escalation with China

WASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe told Americans on Friday "I am back and so is Japan" and vowed to get the world's third biggest economy growing again and to do more to bolster security and the rule of law in an Asia roiled by territorial disputes. Abe had firm words for China in a policy speech to a top Washington think-tank, but also tempered his remarks by...

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Stock futures rise after HP earnings, German data

NEW YORK (Reuters) - Stock index futures rose on Friday, indicating the S&P 500 may halt a two-day losing skid, boosted by positive economic data from Europe and better-than-expected earnings from Hewlett-Packard. The S&P 500 <.spx> has dropped 1.9 percent over the past two sessions, its worst two-day drop since early November, putting the index on pace for its first weekly...

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Who Is Ernest Moniz, Obama’s Likely Pick for Energy Secretary?

Title Post: Who Is Ernest Moniz, Obama’s Likely Pick for Energy Secretary?Url Post: http://www.news.fluser.com/who-is-ernest-moniz-obamas-likely-pick-for-energy-secretary/Link To Post : Who Is Ernest Moniz, Obama’s Likely Pick for Energy Secretary?Rating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a c...

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How troubled Italy fell into a coma

Austerity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderAusterity-hit Italy chooses new leaderSTORY HIGHLIGHTSBill Emmott: "Good Italy and Bad Italy" represent spit personalities of troubled countryIn 1950s, Italy was Europe's "emerging economy" and a pioneering center for designOld demons, including corruption and bloated public pensions,...

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Winter storm closes schools, slows morning rush

About three inches of snow fell across the Chicago region, though the snow is expected to turn to freezing drizzle this morning,...

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Stock futures decline ahead of CPI, initial claims data

NEW YORK (Reuters) - U.S. stock index futures fell on Thursday, indicating the S&P 500 would extend declines after its biggest percentage drop in three months a day earlier, ahead of data on the labor and housing markets. A flurry of economic data is due, which investors will peruse for signs of economic progress, including weekly initial jobless claims at 8:30 a.m. ET (1330 GMT)....

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Prosecutors: Detective should be dropped from case

PRETORIA, South Africa (AP) — South Africa's National Prosecuting Authority acknowledged Thursday that the timing of attempted murder charges against a policeman leading the investigation into Oscar Pistorius was "totally weird" and that the policeman should be dropped from the case against the world-famous athlete.Bulewa Makeke, spokeswoman for the NPA, said it was a decision for police and not prosecutors...

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Drones Large and Small Coming to US

Most of the drones that have begun to appear in the skies above the U.S. homeland don’t resemble the Predators or Reapers flown by the U.S. military and CIA above Afghanistan and Pakistan. Instead, these smaller versions of flying, unmanned vehicles almost rival the animal kingdom in their diversity.Government agencies such as NASA and U.S. Customs and Border Protection operate aircraft-size military...

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Would the pope vote be hackable?

The Conclave of Cardinals that will elect a new pope will meet in the Sistine Chapel in Vatican City. STORY HIGHLIGHTSBruce Schneier: Rules for picking a new pope are very detailedHe says elaborate precautions are taken to prevent election fraudEvery step of the election process is observed by people who know each otherSchneier: Vatican's procedures, centuries in the making, are very secureEditor's...

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Are you getting the fish you paid for?

Dirk Fucik, owner of Dirk's Fish Gourmet Shop on February 19, 2013 says fish substitution in the restaurant industry is a common phenomena driven by profits. (Alex Garcia, Chicago Tribune) ...

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Cameroon, Nigeria officials deny French hostages freed

YAOUNDE (Reuters) - The fate of seven French tourists seized in Cameroon by suspected Nigerian Islamist militants was unclear on Thursday after government officials denied French media reports that they had been freed. The hostages, four children and three adults, were captured this week while on an excursion to the Waza national park near Cameroon's border with Nigeria. ...

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Stock futures edge lower ahead of data, Fed minutes

NEW YORK (Reuters) - U.S. stock index futures edged lower on Wednesday, ahead of data on the housing market and inflation, as well as minutes from the Federal Open Market Committee's January meeting. Housing starts and permits for January along with the January producer price index are due at 8:30 a.m. (1330 GMT). Economists in a Reuters survey forecast the housing starts...

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Police: No inconsistencies in Pistorius account

PRETORIA, South Africa (AP) — A police detective, testifying at Oscar Pistorius' bail hearing Wednesday, said that police have not found anything inconsistent with how the star athlete described his shooting of his girlfriend — a killing that Pistorius says was accidental but which prosecutors call murder.The second day of the bail hearing in a case that has riveted South Africa and much of the world...

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