Taiwan ebullient over Ang Lee's Oscar

STORY HIGHLIGHTSAng Lee's name beamed on building in Taiwan after Oscar winLee, born in Taiwan, won award for best director for "Life of Pi"Lee's win created excitement in Taiwan and China, both claimed him as their ownRyan: "In some ways it feels like 'Linsanity' all over again"Editor's note: Andrew Ryan is a host and producer at Radio Taiwan International, a government-owned station that broadcasts...

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Chicago archdiocese to close 5 schools in cost-cutting move

Budget cuts announced Wednesday by the Archdiocese of Chicago signal that the area's Roman Catholics are entering a period of...

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Stock index futures signal mixed open

LONDON (Reuters) - Stock index futures pointed to a mixed Wall Street open on Wednesday, with futures for the S&P 500 and Nasdaq 100 indexes slipping 0.1 percent, while futures for the Dow Jones rose 0.1 percent by 0933 GMT. U.S. durables goods and homes data due out at 1330 and 1500 GMT respectively should provide further clues on the health of the world's largest economy. ...

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Minnesota takes down No. 1 Indiana 77-73

MINNEAPOLIS (AP) — Retaining that No. 1 national ranking has been elusive throughout this wild season in college basketball, and Indiana was the latest to lose at the top — again.Most important and maybe more challenging for the Hoosiers, however, is holding on to first place in the tough-as-ever Big Ten.Trevor Mbakwe had 21 points on 8-for-10 shooting and 12 rebounds to help Minnesota take down top-ranked...

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Yahoo CEO right to cut remote work?

STORY HIGHLIGHTSRaymond Fisman: Marissa Mayer needs to revive Yahoo, and face time at the office is keyFisman: Granted, this goes against Utopian vision of everyone working from cafes Fisman: In-person work means innovations, avoids misunderstood directivesHe says more jobs will get done and it'll encourage those who work in a half-empty officeEditor's note: Raymond Fisman is the Lambert Family professor...

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Winter storm: Lingering snow could mean messy commute

Tom updates Tuesday's storm. (WGN - Chicago) The storm that socked the Chicago area with the season's biggest snowfall by Tuesday...

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World powers and Iran end talks, sides to meet again

ALMATY (Reuters) - Six world powers ended two days of talks with Iran on its nuclear program without a breakthrough on Wednesday, but agreed to meet in Istanbul next month and resume negotiations in Kazakhstan on April 5. The six powers - France, Germany, the United States, China Russia and Britain - offered at the talks to lift some sanctions if Iran scaled back nuclear activity that...

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Stock index futures point to small rebound

LONDON (Reuters) - U.S. stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3-0.4 percent at 0916 GMT. U.S. stocks had suffered their biggest drop since November on Monday after later results pointed to a strong showing in Italian elections by groups opposed to the country's economic reforms....

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AP source: Tom Brady gets 3-year extension

Tom Brady will be a Patriot until he is 40 years old.Brady agreed to a three-year contract extension with New England on Monday, a person familiar with the contract told The Associated Press. The extension is worth about $27 million and will free up nearly $15 million in salary cap room for the team, which has several younger players it needs to re-sign or negotiate new deals with.The person spoke...

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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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