Rome Journal: As Mario Monti Prepares to Step Down, Italians Express Disappointment

ROME — As Prime Minister Mario Monti prepares to exit the stage, he has burnished Italy’s image — and his own — abroad, but he is less beloved at home. Italians are irate about higher taxes, while critics say that Mr. Monti failed to carry out the basic structural changes he said were needed, leaving a legacy more of austerity than growth. While Mr. Monti passed tax increases, introduced...

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Xbox 720 and PlayStation 4 might not launch until 2014

Nintendo (NTDOY) says its kickstarted the next generation of video game consoles with the Wii U. But considering its graphics and processing power are comparable to Microsoft’s (MSFT) Xbox 360 and Sony’s (SNE) PlayStation 3, hardcore gamers are holding out for the next Xbox, tentatively dubbed “Xbox 720,” and next-generation PlayStation, tentatively called...

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Hamilton agrees to $125M, 5-year deal with Angels

LOS ANGELES (AP) — Josh Hamilton is heading to the Los Angeles Angels, lured with a $125 million, five-year contract that steps up the migration of high-profile stars to Southern California.The Angels persuaded the free-agent outfielder to leave the Texas Rangers with their third big-money offseason signing in as many years. Hamilton heads to Anaheim after first baseman Albert Pujols came West for...

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Paper Links Nerve Agents in ’91 Gulf War and Ailments

Reviving a 20-year debate over illnesses of veterans of the 1991 Persian Gulf war, a new scientific paper presents evidence that nerve agents released by the bombing of Iraqi chemical weapons depots just before the ground war began could have carried downwind and fallen on American troops staged in Saudi Arabia. The paper, published in the journal Neuroepidemiology, tries to rebut the longstanding...

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European Leaders Back Banking Regulation but Delay Further Measures

BRUSSELS — E.U. leaders pledged Friday to take further steps to set up common banking rules for the bloc. But they delayed plans for a shared budget for the euro zone nations, amid signs of easing pressure on the single currency. At the end of a two-day summit meeting, the leaders fully endorsed a deal, hashed out early Thursday by E.U. finance ministers, to place the region’s biggest...

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Selling flak jackets in the cyberwars

SAN FRANCISCO (Reuters) – When the Israeli army and Hamas trade virtual blows in cyberspace, or when hacker groups like Anonymous rise from the digital ether, or when WikiLeaks dumps a trove of classified documents, some see a lawless Internet.But Matthew Prince, chief executive at CloudFlare, a little-known Internet start-up that serves some of the Web’s most controversial characters, sees a business...

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Watson returns as Ryder Cup captain

NEW YORK (AP) — The Americans are bringing back Tom Watson as Ryder Cup captain with hopes of ending two decades of defeats in Europe."We're just really tired of losing Ryder Cup," PGA of America President Ted Bishop said Thursday during a news conference at the Empire State Building.Watson faces a tall order.The Americans have lost seven of the last nine Ryder Cups and have not won away from home...

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World’s Population Living Longer, New Report Suggests

A sharp decline in deaths from malnutrition and diseases like measles and tuberculosis has caused a shift in global mortality patterns over the past 20 years, according to a new report, with far more of the world’s population now living into old age and dying from diseases more associated with rich countries, like cancer and heart disease. The shift reflects improvements in sanitation, medical...

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Most Googled in 2012: Whitney, PSY, Sandy

LOS ANGELES (AP) — The world’s attention wavered between the tragic and the silly in 2012, and along the way, millions of people searched the Web to find out about a royal princess, the latest iPad, and a record-breaking skydiver.Whitney Houston was the “top trending” search of the year, according to Google Inc.’s year-end “zeitgeist” report. Google‘s 12th annual roundup is “an in-depth look at the...

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Lawmaker: NFL players 'trying to back out' on HGH

WASHINGTON (AP) — A congressman accused the NFL Players Association of "trying to back out" of an agreement to start testing for human growth hormone in pro football.Speaking at a House Oversight and Government Reform Committee hearing about the science behind the testing, Rep. Elijah Cummings of Maryland, the panel's ranking Democrat, noted Wednesday that nearly two full NFL seasons have passed since...

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