Oscars 2013 Live Blog: Argo Wins Best Picture

Feb 24, 2013 1:13pm 11:55 p.m. ET: Drum roll please! And the Oscar for Best Picture goes to “Argo.”11: 52 p.m. ET: Surprise! The Academy brings out first lady Michelle Obama to help Jack Nicholson introduce the nominees for Best Picture. 11:44 p.m. ET: Daniel Day-Lewis wins Best Actor, as expected for his portrayal of Abe Lincoln in “Lincoln.” Lewis cracks a joke in his acceptance...

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Cuban leader Raul Castro announces he will retire in 2018

HAVANA (Reuters) - Cuban President Raul Castro announced on Sunday he will step down from power after his second term ends in 2018, and the new parliament named a 52-year-old rising star to become his first vice president and most visible successor. "This will be my last term," Castro, 81, said shortly after the National Assembly elected him to a second five-year tenure. ...

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High risks for Obama in new spending fight

WASHINGTON: Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.The United States is just five days from its latest self-inflicted flirt with economic disaster -- an $85 billion hit from automatic and indiscriminate spending cuts -- but no one is...

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Samsung, Tim Burton brighten Oscars with rainbow-colored unicorn blood

Movies take a lot of thinking.(Credit:Samsung Screenshot by Chris Matyszczyk/CNET)"This is getting too weird for me."These are words you never expected to hear coming from the mouth of Tim Burton.Yet Samsung, which these days leaves no competitive joke unturned and no Hollywood star untapped, delivered precisely that during the Oscars broadcast.The ad, released by Samsung a little while before the...

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Daytona crash sends car parts flying, injuring fans

Updated at 9:35 p.m. ET DAYTONA BEACH, Fla. At least 33 fans were injured Saturday during a NASCAR race when a car flew into the fence at Daytona International Speedway, hurling a tire and large pieces of debris into the stands. The accident happened on the last lap of the second-tier Nationwide Series race on the eve of Sunday's Daytona 500, which officials said would go on as scheduled. The crash...

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Las Vegas Strip Shooting Suspect ID'd

Las Vegas police identified a suspect today in a shooting on the strip that caused a Maserati to hit a taxi and burst into flames, killing three people.Ammar Harris, 26, has been named a suspect in the Thursday skirmish that killed three people, including rapper Kenny Clutch.The altercation between Harris and Clutch, 27, whose legal name was Kenneth Cherry Jr., is believed to...

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MPs, businesses hope Budget will address cost of living, labour crunch

SINGAPORE: Ahead of the delivery of Singapore's Budget on Monday, cost of living and labour crunch are among some issues MPs and businesses hope will be addressed.Several MPs Channel NewsAsia spoke to said that a key concern especially amongst the sandwiched class is the cost of living in the country.As for the elderly residents, they are concerned about healthcare costs, said the MPs.On...

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The Facebook mistakes people make after a date

February can make people excitable.A new year is barely old. Hope springs eternal. And then there's Valentine's Day to add a little piquancy to their emotional state.Sometimes, though, lovers suffer from a certain lack of self-control. This can manifest itself on society's everyday manifest: Facebook.I was moved, therefore, that someone had taken the time to list the major faux pas that occur when...

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Pentagon grounds F-35 fleet after engine crack found

Updated 9:03 PM ET WASHINGTON The Pentagon on Friday grounded its fleet of F-35 fighter jets after discovering a cracked engine blade in one plane. The problem was discovered during what the Pentagon called a routine inspection at Edwards Air Force Base, Calif., of an F-35A, the Air Force version of the sleek new plane. The Navy and the Marine Corps are buying other versions of the F-35, which...

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Cyberattacks Bring Attention to Security Reform

Recent accusations of a large-scale cyber crime effort by the Chinese government left many wondering what immediate steps the president and Congress are taking to prevent these attacks from happening again.On Wednesday, the White House released the administration's Strategy on Mitigating the Theft of U.S. Trade Secrets as a follow-up to the president's executive order. The strategy...

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