Friday, December 31, 2010

Millions gather worldwide to ring in new year (AP)

Millions gather worldwide to ring in new year (AP)

Millions gather worldwide to ring in new year (AP)

Posted: 31 Dec 2010 12:38 PM PST

The sky above tall Sydney city buildings light up with the 9pm fireworks display on the new year's eve in Australia, Friday, Dec. 31, 2010. Enthusiastic Australians camped out at parks alongside the Sydney Harbour Bridge to win the best view of the spectacular New Year's Eve fireworks kicking off celebrations around the world. (AP Photo/Rob Griffith)AP - Dazzling fireworks lit up Australia's Sydney Harbor, communist Vietnam held a rare, Western-style countdown to the new year, and Japanese revelers released balloons carrying notes with people's hopes and dreams as the world ushered in 2011.

Sheriff: Storm kills 2nd in Mo.; death toll at 5 (AP)

Posted: 31 Dec 2010 12:26 PM PST

Margie Sizemore cleans up in the after a tornado destroyed several homes in the small town of Cincinnati, Ark., in western Washington County early in the morning on Friday, Dec. 31, 2010. A tornado fueled by an unusually warm winter air sliced through parts of northwestern Arkansas early on New Year's Eve, killing three people, injuring several others and knocking out power to thousands of homes and businesses. (AP Photo/April L. Brown)AP - Authorities say a second resident of a southeast Missouri mobile home destroyed by a powerful storm system that spawned tornadoes has died.

Karzai keeps minister considered corrupt by US (AP)

Posted: 31 Dec 2010 10:45 AM PST

FILE - In this Sept. 27, 2009 file photo, Afghanistan's Energy Minister Ismail Khan speaks during a press conference in Kabul, Afghanistan. U.S. officials pressured Afghan President Hamid Karzai to remove a former warlord from the helm of Afghanistan's energy and water ministry a year ago because of his corruption and ineffectiveness, threatening that aid might end unless he went. But the Afghan president rebuffed America, according to secret diplomatic records, leaving the minister — privately termed 'the worst' by U.S. officials — still atop an agency that controls $2 billion in U.S. and allied projects. (AP Photo/Musadeq Sadeq, File)AP - U.S. officials pressured Afghan President Hamid Karzai to remove a former warlord from atop the energy and water ministry a year ago because of corruption and ineffectiveness, and threatened to end aid unless he went.

Ouattara ally: Ivory Coast now in 'war situation' (AP)

Posted: 31 Dec 2010 10:00 AM PST

Alassane Ouattara, centre, opposition leader acknowledges supporters in Abidjan, Ivory Coast Thursday, Dec. 30, 2010. Ouattara is widely regarded as being the rightful winner of recent presidential elections, although incumbent leader Laurent Gbagbo refuses to relinquish power. The United Nations accused Gbagbo's security forces of blocking access to sites thought to hide the bodies of up to 80 victims amidst reports that political opponents were abducted by security forces loyal to Gbagbo after the disputed election. (AP Photo/Sunday Alamba)AP - A top ally of Ivory Coast's internationally recognized leader said Friday that the country is already in a "civil war situation," and urged the incumbent leader who refuses to cede power to step down by a midnight deadline.

Haiti suffers year of crisis with nobody in charge (AP)

Posted: 31 Dec 2010 12:31 PM PST

FILE - In this Nov. 10, 2010 file photo, a medic ties with gauze the legs of two-year-old Clercilia Regis who according to doctors died of cholera a few minutes earlier at the hospital in Cite Soleil, Port-au-Prince, Haiti. In 2010 crisis has piled upon crisis in Haiti. More than 230,000 are believed to have died in the quake, and more than a million remain homeless. A cholera epidemic broke out in the fall, and in its midst a dysfunctional election was held, its results still unclear. (AP Photo/Ramon Espinosa, File)AP - The silhouetted bodies moved in waves through the night, climbing out of crumbled homes and across mounds of rubble. Hundreds of thousands of people made their way to the center of the shattered city by the thin light of a waning crescent moon. There was hardly a sound.

Cable TV dispute threatens Penn State-Fla. game (AP)

Posted: 31 Dec 2010 07:41 AM PST

AP - Montey Chapel and his sons have a new flat-screen television and football-watching plan for New Year's weekend — watch every bowl game.

Stocks mixed on last day of strong year for market (AP)

Posted: 31 Dec 2010 10:32 AM PST

FILE - This file photo taken March 8, 2010, shows the trading floor of the New York Stock Exchange. (AP Photo/Mark Lennihan, file)AP - Stock indexes were mixed Friday in quiet New Year's Eve trading.

Tea off: India's farmers say climate changing brew (AP)

Posted: 31 Dec 2010 12:29 PM PST

An Indian laborer plucks tea leaves at a tea garden in Amchong tea estate, about 45 kilometers (28 miles) east of Gauhati, India, Friday, Dec. 31, 2010. Tea growers in northeastern India say climate change has hurt the country's tea crop, leading not just to a drop in production but also subtly altering the flavor of their brew. (AP Photo/Anupam Nath)AP - In this humid, lush region where an important part of the world's breakfast is born, the evidence of climate change is — literally — a weak tea.

NM governor: No pardon for outlaw Billy the Kid (AP)

Posted: 31 Dec 2010 12:03 PM PST

FILE - This undated file ferrotype picture provided by the Lincoln County, N.M., Heritage Trust Archive is believed to depict William Bonney, also known as Billy the Kid, circa 1880. Billy the Kid, the Old West outlaw who killed at least three lawmen and tried to cut a deal from jail with territorial authorities, won't be pardoned, Gov. Bill Richardson said Friday, Dec. 31, 2010, nearly 130 years after the gunslinger's death. The prospect of a pardon for the notorious frontier figure drew international attention to New Mexico, centering on whether Billy the Kid had been promised a pardon from New Mexico's territorial governor in return for testimony in killings he had witnessed. (AP Photo/Lincoln County Heritage Trust Archive, File) NO SALESAP - The rehabilitation of Billy the Kid lies dead in the dust.

No. 11 Kentucky handles No. 22 Louisville 78-63 (AP)

Posted: 31 Dec 2010 12:26 PM PST

Kentucky's Terrence Jones, right, tries to drive past Louisville's Mike Marra during the first half of their NCAA college basketball game in Louisville, Ky., Friday, Dec. 31, 2010. (AP Photo/Ed Reinke)AP - Brandon Knight scored 25 points and Josh Harrellson added a career-high 23 points and 14 rebounds as No. 11 Kentucky defeated No. 22 Louisville 78-63 on Friday.

CVS to buy Universal's Medicare unit for $1.25 billion (Reuters)

Posted: 31 Dec 2010 10:07 AM PST

Reuters - CVS Caremark, No. 2 U.S. drugstore chain, agreed to buy Universal American's Medicare prescription drug business for about $1.25 billion to expand in a growing segment of the pharmacy benefit market.

United loses arbitration in regional jet dispute (Reuters)

Posted: 31 Dec 2010 11:48 AM PST

Reuters - An arbitrator ruled that United Continental Holdings cannot use Continental's codes for 70-seat jets operated by its regional partners since a labor contract requires them to be flown by Continental pilots.

Stocks, commodities shine in 2010 (Reuters)

Posted: 31 Dec 2010 11:13 AM PST

Traders work on the floor of the New York Stock Exchange in this November 29, 2010 file photo. REUTERS/Brendan McDermidReuters - World stocks were set to end 2010 at their highest levels in 28 months as investors geared up for further risk-taking into 2011, prompted by a wilting dollar and low yields on U.S. bonds.

ArcelorMittal matches rival offer for Baffinland (Reuters)

Posted: 31 Dec 2010 09:41 AM PST

Reuters - Steel giant ArcelorMittal upped its takeover bid for Baffinland Iron Mines on Friday, valuing the company at about C$550 million ($550 million) as it pursues its undeveloped iron ore deposit in Canada's Arctic.

Investors see Anadarko as good fit for BHP (Reuters)

Posted: 31 Dec 2010 07:05 AM PST

Reuters - Miner BHP Billiton's acquisition strategy was back in the spotlight on Friday as market talk resurfaced it was looking at a $40 billion-plus bid for Anadarko Petroleum although banking sources said they were unaware of any imminent offer.

U.N. official warns Gbagbo on rights violations (Reuters)

Posted: 31 Dec 2010 12:45 PM PST

Ivory Coast's President Laurent Gbagbo casts his vote at Cocody, Abidjan November 28, 2010. REUTERS/Thierry GouegnonReuters - A senior United Nations official warned incumbent Ivory Coast President Laurent Gbagbo and other senior officials on Friday they may be held criminally accountable for human rights violations.

Euro has 1-in-5 chance of lasting decade: UK think-tank (Reuters)

Posted: 31 Dec 2010 11:10 AM PST

Reuters - The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday.

Skype could be designated illegal in China (Reuters)

Posted: 31 Dec 2010 10:06 AM PST

Reuters - China will crack down on what it called illegal Internet telephone providers, according to a circular from the Chinese government, a policy that could hurt the popular service Skype.

Spectacular Sydney fireworks kick off global New Year party (AFP)

Posted: 31 Dec 2010 10:43 AM PST

Models hold inflatable numbers as they pose for photos during a New Year party in Hong Kong. New Year revellers around the world welcomed 2010 in a blaze of fireworks and parties.(AFP/Ed Jones)AFP - Sydney's Harbour Bridge exploded in a spectacular blaze of New Year fireworks Friday as people around the globe began welcoming in 2011 with a glittering array of parties.

Clock ticking as I.Coast's Ouattara issues ultimatum (AFP)

Posted: 31 Dec 2010 12:36 PM PST

Ivory Coast faced a New Year overshadowed by the threat of open conflict as supporters of the internationally recognised election winner Alassane Ouattara, pictured on December 8, gave self-proclaimed president Laurent Gbagbo until midnight to quit.(AFP/File/Issouf Sanogo)AFP - Ivory Coast on Friday faced the threat of open conflict as self-proclaimed president Laurent Gbagbo vowed not to yield to pressure to step down and his rival gave him until midnight to quit.
Posted by Harshad at 1:13 PM

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