Germany drafts law on banking separation

BERLIN: Germany aims to introduce legislation on banking separation in order to protect customers' deposits from riskier areas of business, according to a draft law seen by AFP on Wednesday.The government wants the law to come into effect in January 2014 and banks' activities to be separated by July 2015.It will only apply to institutions with balances sheets over 1.0 billion euros or...

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Tennessee also hard hit

STORY HIGHLIGHTSGeorgia DOT reports major damage on and near Interstate 75 in Bartow CountyGeorgia TV news crew sees tornado form; damage reported in AdairsvilleA man dies in a building collapse as storm hits Bartow County, Georgia, official says A Tennessee man dies when a tree falls on his home, emergency managers sayIs there severe weather near you? Share your photos and videos on iReport, but...

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Three hurt in Phoenix office shooting, one critical

Scene outside a Phoenix, Ariz., office building where three people reportedly were injured in a shooting on Jan. 30, 2013/KPHO (CBS) -- Phoenix police said three people were injured in the Wednesday morning shooting at a Phoenix office building, CBS affiliate KPHO reports. Police said the shooting suspect fired multiple rounds in what they believe was not a random attack. One person was...

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Phoenix Gunman Shoots Three at Office Complex

A gunman shot and wounded three people at an office building in Phoenix, Ariz., today and police are now searching for the shooter, authorities told ABC News.There are no reports of deaths at this time.Police are clearing the office complex in the in the 7310 block of 16th Street, near Glendale Avenue.Officials say there was only one gunman, who remains at large.A witness told...

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Is the U.S. getting Egypt wrong again?

Egyptian riot police stand guard as people protest against Egypt's President Mohamed Morsy in Cairo on December 29, 2012.STORY HIGHLIGHTSNational protests against Morsy set for second anniversary of Egypt's revolution Cynthia Schneider: U.S. out of step, underestimates the anti-Morsy sentiment She says proponents of secular democracy think the U.S. backs Muslim BrotherhoodShe says massive protests...

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78 bodies found 'executed' in Syria river

ALEPPO: The bodies of 78 young men, all executed with a single gunshot, were found Tuesday in a river in Aleppo city, adding to the grim list of massacres committed during Syria's 22-month conflict.The gruesome discovery came ahead of a briefing by peace envoy Lakhdar Brahimi to the UN Security Council on the uprising, which the United Nations says has left more than 60,000 people dead.Abu...

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Arm transplant vet looking forward to swimming, diving

BALTIMORE A soldier who lost all four limbs in an Iraq roadside bombing says he looks forward to driving and swimming with his new arms. Twenty-six-year-old Brendan Marrocco spoke at a news conference Tuesday at Johns Hopkins Hospital in Baltimore. He was joined by the surgeons who performed the double-arm transplant there. Marrocco says he's happy and amazed to have new arms. He has prosthetic...

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Palin and Fox Part Ways, but Is She Really Over?

Sarah Palin's break up with Fox News should not have been, well, breaking news, as she had publicly complained in August on Facebook that the network had canceled her appearances at the Republican National Convention. And going back even further, Palin didn't give Fox the scoop in October 2011 when she announced she wasn't going to run for president. Still, the news of the...

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Why haven't we learned from fires?

STORY HIGHLIGHTSPyrotechnics, overcrowding, poor exits have contributed to tragic fires in recent yearsYou would think the world would have learned from past incidents, John Barylick saysConcertgoers have to be their own fire marshals, he saysEditor's note: John Barylick, author of "Killer Show," a book on the 2003 Station nightclub fire in Rhode Island, is an attorney who represented victims in wrongful...

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US says Iran blast reports not credible

WASHINGTON: The White House on Monday dismissed reports of an underground explosion at Iran's Fordo atomic plant and also accused the Islamic Republic of adopting delaying tactics on nuclear talks.Iran had previously condemned reports in sectors of the US and Israeli media about the alleged blast as "western propaganda" designed to influence the outcome of its stalled nuclear dialogue...

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