US oil price slumps after pipeline cutback

NEW YORK: US crude oil prices closed sharply lower Wednesday, dragged down by news that a key pipeline had cut capacity due to a bottleneck.New York's main contract, West Texas Intermediate, for delivery in March, tumbled US$1.45 from Tuesday's close to settle at US$95.23 a barrel.In London trade, meanwhile, Brent North Sea crude for delivery in March settled at US$112.80 a barrel, an...

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Fiery Clinton

on your computer or on the CNN Apps for iPhone® and iPad®. iPhone, iPad and Mac are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. If you get CNN and HLN at home, you can watch them online and on the go for no additional chargeStart watching ...

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Deep freeze to last into weekend in eastern U.S.

Updated 4:02 PM ET PORTLAND, Maine A teeth-chattering cold wave with sub-zero temperatures was expected to keep its icy grip on much of the eastern U.S. into the weekend before seasonable temperatures bring relief. A polar air mass that's been blamed for multiple deaths in the Midwest moved into the Northeast on Wednesday, prompting the National Weather Service to issue wind chill warnings across...

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Manti Te'o Tells Katie Couric His Emotions Were Real

Manti Te'o says that even though he was hoaxed by the supposed existence of a fake girlfriend, his inspirational story of playing through emotional pain "was all real and that's something that I can't fake."Te'o made his comments to Katie Couric which will air the exclusive interview on Thursday.Te'o, 21, has been alternately questioned and lampooned over his role in the hoax...

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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...

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White House gives grudging welcome to debt limit plan

WASHINGTON: The White House said Tuesday that President Barack Obama would not block a Republican plan to extend government borrowing authority by three months but would prefer a longer term debt ceiling hike.Defusing a showdown with Obama, Republican House leaders are ready to permit the government to borrow more money to meet its obligations until May 18, despite earlier demands that...

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I heard 5 or 6 shots

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40 years ago: Cronkite breaks news of LBJ's death on TV

(CBS News) Tuesday marks the 40th anniversary of former President Lyndon B. Johnson's death. The day also made television history when Walter Cronkite announced the news while talking to the former president's press secretary on the phone live on air. On January 22, 1973, Cronkite held the phone receiver to his ear on the CBS "Evening News" and said he is talking to Tom Johnston, LBJ's top spokesman....

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Armed Fight Led to College Lockdown Scare

A fight at a Houston college campus today resulted in a shooting that left three people injured and two others in custody, officials said.Shots were fired on campus of the Lone Star College shortly shortly after 12:30 p.m. CT, causing the campus to go into lock down and some students to be evacuated, according to police.Three people were injured in the gunfire, which police...

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How Obama made opportunity real

STORY HIGHLIGHTSLZ Granderson: Specifics of Obama's first term may not be rememberedHe says his ability to win presidency twice is unforgettableGranderson: Obama, the first black president, makes opportunity real for manyHe says it makes presidency a possibility for people of all backgroundsEditor's note: LZ Granderson, who writes a weekly column for CNN.com, was named journalist of the year by the...

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