Pope Benedict is stepping down.  Benedict will resign as leader of the world’s one-billion Roman Catholics on February 28th.  In a statement, the 85-year-old German-born pontiff says he’s resigning because his health is deteriorating.  Benedict will be the first Pope to resign in nearly 600 years.

As the search in Big Bear starts to wind down, A one-million dollar reward is now being offered for Christopher Dorner, the ex-LAPD officer accused of killing three people, including a Riverside police officer. Private groups, anonymous donors and law enforcement organizations have contributed to the reward fund.

Meantime, officials have identified the Riverside police officer allegedly killed by Dorner as 34-year-old Michael Crain.

Crain was an eleven-year veteran of the department and served two tours of duty in Kuwait as a Marine. He is survived by a wife and two children. Funeral services are set for this Wednesday at the Grove Community Church in Riverside.

Three men filming a Discovery Channel reality series have died in a helicopter crash.  The men died before dawn yesterday at a popular filming area about 50 miles north of Los Angeles, while shooting footage for the new as-yet untitled military-themed project.

Federal authorities say the credit reporting industry is a mess.  Federal Trade Commission Chair Jon Leibowitz tells CBS’ “60 Minutes” the agency found some troubling information in a study being released today.  Widespread reporting of inaccurate information is all too common.  The errors can affect whether you’re approved for a mortgage, car loan and insurance.  The FTC study also found it can be near impossible to correct those mistakes.

Mumford and Sons, Gotye  and fun. won big at the Grammy Awards on Sunday.  The top prize for Album of the Year went to the Mumford crew for “Babel.”  Meanwhile, fun. took Best New Artist, and their smash single “We Are Young” was named Song of the Year.  In the Record of the Year category, Gotye won for his hit “Somebody That I Used to Know.”