BofA to pay $3.6B to Fannie Mae

CBS MoneyWatch's Alexis Christoforous reports for CBS2. (1/7/2013)...

Read More..

Man killed in expressway shooting

There is one person dead and another injured after a fatal...

Read More..

Kuwaiti gets two years for insulting emir on Twitter

KUWAIT (Reuters) – A Kuwaiti court sentenced a man to two years in prison for insulting the country’s ruler on Twitter, a lawyer following the case said, as the Gulf Arab state cracks down on criticism of the authorities on social media.According to the verdict on Sunday, published by online newspaper Alaan, a tweet written by Rashid Saleh al-Anzi in October “stabbed the rights and powers of the Emir”...

Read More..

‘Chainsaw 3-D’ carves out No. 1 debut with $23M

LOS ANGELES (AP) — It took Leatherface and his chainsaw to chase tiny hobbit Bilbo Baggins out of the top spot at the box office.Lionsgate‘s horror sequel “Texas Chainsaw 3-D” debuted at No. 1 with $ 23 million, according to studio estimates Sunday. The movie picks up where 1974′s “The Texas Chainsaw Massacre” left off, with masked killer Leatherface on the loose again.Quentin Tarantino‘s revenge...

Read More..

Despite New Health Law, Some See Sharp Rise in Premiums

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers. Bob Chamberlin/Los Angeles TimesDave Jones, the California insurance commissioner, said some insurance companies...

Read More..

Chicago restaurateurs shrug off economic worries

Chicago may have lost a few of its Michelin-starred restaurants in 2012 and waved goodbye to the inimitable Charlie Trotter's,...

Read More..

Jail escapee appears in court, ordered held without bond

Chicago Tribune reporter Jason Meisner on the recent arrest of Kenneth Conley, a convicted bank robber who escaped from federal jail in December. (Posted on: Jan. 4, 2013.) ...

Read More..

5 Predictions for Mobile Tech in 2013

If denial isn’t just a river in Egypt, then mobile isn’t just a city in Alabama. And if 2012 proved one thing, it’s that there’s no denying mobile is the present and future of technology.Sales figures for mobile devices reached new heights in 2012. Market research firm Gartner predicted tablet sales would near 120 million, about doubling the total sold in 2011.[More from Mashable: Would You Make Your...

Read More..

Ex-film star Bardot may seek Russian nationality

PARIS (Reuters) – Former French screen goddess Brigitte Bardot on Friday threatened to follow Gerard Depardieu in asking for a Russian passport, in protest not at tax hikes, but at the treatment of two circus elephants.The animals, named Baby and Nepal and owned by a touring circus, are thought to be carrying tuberculosis and were ordered to be put down by a court in Lyon, southern France, on Friday...

Read More..

The New Old Age: Murray Span, 1922-2012

One consequence of our elders’ extended lifespans is that we half expect them to keep chugging along forever. My father, a busy yoga practitioner and blackjack player, celebrated his 90th birthday in September in reasonably good health.So when I had the sad task of letting people know that Murray Span died on Dec. 8, after just a few days’ illness, the primary response was disbelief. “No! I just talked...

Read More..