Pope's sudden resignation sends shockwaves through Church

VATICAN CITY (Reuters) - Pope Benedict stunned the Roman Catholic Church on Monday when he announced he would stand down, the first pope to do so in 700 years, saying he no longer had the mental and physical strength to carry on. Church officials tried to relay a climate of calm confidence in the running of a 2,000-year-old institution, but the decision could lead to uncertainty in a...

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Australia central bank sells scandal-hit note firm stake

SYDNEY: Australia's central bank on Tuesday announced the sale of its stake in scandal-hit note printing firm Securency and said an independent governance review had cleared it of "inappropriate" insight.The Reserve Bank of Australia sold its 50 per cent holding in Securency, accused of taking bribes to win contracts in Asia, to British venture partner Innovia Films for A$65 million (US$66.7...

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Microsoft's Xbox Entertainment Studio wants to bring you interactive TV

Dive into Media host Peter Kafka, Nancy Tellem and Yusuf Mehdi. (Credit: Dan Farber/CNET)DANA POINT, Calif.--Microsoft is the new Hollywood. At least, in the same way that Netflix, Hulu, Amazon and others are trying to create original programming to draw paying subscribers. The company recently opened the Xbox Entertainment Studio in Santa Monica, with former CBS TV executive Nancy Tellem at the helm.The...

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Army Sgt. shares story behind Medal of Honor

(CBS News) PENTAGON - President Barack Obama awarded the Medal of Honor to former Army Staff Sgt. Clinton Romesha on Monday. In 2009, with U.S. forces in eastern Afghanistan under Taliban attack, a wounded Romesha ducked enemy fire to rescue other wounded soldiers and recover bodies of the fallen. Army staff sergeant receives Medal of Honor for actions during Afghanistan war battle You have to see...

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Benedict's Legacy Marred by Sex Abuse Scandal

When Pope Benedict XVI resigns at the end of this month, he leaves behind a Church grappling with a global fallout from sex abuse and a personal legacy marred by allegations that he was instrumental in covering up that abuse.As the sex abuse scandal spread from North America to Europe, Benedict became the first pope to meet personally with victims, and offered repeated public apologies...

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Gunbattle rocks Gao after rebels surprise French, Malians

GAO, Mali (Reuters) - Islamist insurgents launched a surprise raid in the heart of the Malian town of Gao on Sunday, battling French and local troops in a blow to efforts to secure Mali's recaptured north. Local residents hid in their homes or crouched behind walls as the crackle of gunfire from running street battles resounded through the sandy streets and mud-brick houses of the ancient...

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Missing 13-year-old-boy found

SINGAPORE: The 13-year-old boy who went missing on Friday has been reunited with his parents.Aminiasi Tiritabuanira Shaw, a student of the Singapore American School (SAS), was found on Sunday night.The school had earlier said that it's believed the boy had left on his own accord after a disagreement with his parents. In its update on Monday, the school said: "The Shaw family would...

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Did Google Earth error send murderer to wrong address?

Dennis and Merna Koula.(Credit:CBS News.com Screenshot by Chris Matyszczyk/CNET)Sometimes, even after a murder conviction, some see reasonable doubt that the conviction was a righteous one.Such is the case in the murder of Dennis and Merna Koula in La Cross, Wisc, a quiet community.Their son Eric was found guilty and is currently serving two consecutive life-sentences for the murder of the wealthy...

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Clive Davis Gala goes on year after Houston's death

A year after Whitney Houston's death, music executive Clive Davis remembered her in words -- and video. Houston died last year at the age of 48 just hours before the annual Clive Davis Gala was set to start. On Saturday, Davis said his world continues "to be so shattered by her passing" and that Houston's death still feels "unreal." At the gala, Davis played what he called a rare performance of Houston...

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$1M Reward for Capture of Fugitive Ex-Cop Dorner

A $1 million reward was offered today for information leading to the arrest of Christopher Dorner, as authorities in Big Bear, Calif., scaled back their search for the disgruntled ex-cop, who is suspected in three revenge killings."This is the largest local reward ever offered, to our knowledge," Los Angeles Police Chief Charlie Beck said at a news conference today. "This is...

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