Bulls rally to beat Pistons 85-82

As the United Center rocked and the Bulls celebrated Marco Belinelli's go-ahead, three-point play with 7.5 seconds left, Joakim...

Read More..

North Korea to target U.S. with nuclear, rocket tests

SEOUL (Reuters) - North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy". The announcement by the country's top military body came a day after the U.N. Security Council agreed a U.S.-backed resolution to censure and sanction the country...

Read More..

Asian shares retreat, Nikkei hit hard as yen stays firm

TOKYO (Reuters) - Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows in response to a firm yen. "Asian markets have been climbing steadily and it's natural for investors to want to book profits as the region's earnings season begins in full force later this month," said Hirokazu...

Read More..

Williams loses in quarters; Azarenka into semis

MELBOURNE, Australia (AP) — Serena Williams' dominating run at the majors is over.American teenager Sloane Stephens is headed to the semifinals of the Australian Open.Williams hurt her back in the eighth game of the second set, slowing down her serve, restricting her movement and causing her obvious pain.But the 19-year-old Stephens kept her composure, blocking out the injury issue on the opposite...

Read More..

IBM’s shines with fourth quarter, 2013 outlook

(Reuters) – IBM, the world’s largest technology services company, gave a better than expected 2013 outlook after a solid fourth quarter that analysts say has more to do with Big Blue’s smooth execution than a vibrant tech spending environment.Companies had been widely expected to hold back on IT purchases in December in part because of worries about the so-called U.S. fiscal cliff. Automatic tax increases...

Read More..

Defterios: What keeps Davos relevant

STORY HIGHLIGHTSSince the late 20th Century, the ski resort of Davos has been synonymous with the World Economic ForumDefterios: I first came to Davos as a relatively junior correspondent, two months after the Berlin Wall fellFall of Communism, China's opening, removal of apartheid in South Africa unfolded in the 90sIt's the inter-play between geo-politics and business is what keeps the forum relevantDavos...

Read More..

Massive blaze engulfs vacant Bridgeport warehouse

One-third of the Chicago Fire Department's on-duty personnel responded to a 5-11 alarm fire that engulfed a warehouse building,...

Read More..

Netanyahu turns focus to Iran after narrow election win

JERUSALEM (Reuters) - Hawkish Prime Minister Benjamin Netanyahu has claimed victory in Israel's parliamentary election, shrugging off surprise losses to centre-left challengers and vowing to stop Iran from acquiring nuclear weapons. However, Tuesday's vote, which also disappointed religiously inspired hardliners, may deflect the premier's focus on confronting Tehran and resisting Palestinian...

Read More..

Asian shares rise; BOJ easing spurs volatile yen, Nikkei trading

TOKYO (Reuters) - Asian shares rose on Tuesday amid optimism over the global growth outlook, but bold easing measures from the Bank of Japan failed to lift Tokyo equities and the yen rebounded from a brief sell-off as investors digested the central bank's actions. The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.4 percent to a fresh 17-1/2-month...

Read More..

Jim, John Harbaugh ready for rematch at Super Bowl

SANTA CLARA, Calif. (AP) — Jim and John Harbaugh have exchanged a handful of text messages, and plan to leave it at that. No phone conversations necessary while the season's still going. No time for pleasantries, even for the friendly siblings.There is work to be done to prepare for the Super Bowl, prepare for each other, prepare for a history-making day already being widely hyped as "Harbowl" or...

Read More..