Monday, January 3, 2011

House GOP sending Obama a message on health repeal (AP)

House GOP sending Obama a message on health repeal (AP)

House GOP sending Obama a message on health repeal (AP)

Posted: 03 Jan 2011 01:09 PM PST

FILE - In this Nov. 5, 2009, file photo Rep. Steve King, R-Iowa, holds a copy of the health care bill, trussed in sturdy rope, in front of the Capitol in Washington during a Republican news conference. Eager to show who's now in charge, the House's new Republican majority plans to vote to repeal President Barack Obama's landmark health care overhaul before he even shows up in their chamber to give his State of the Union address. (AP Photo/Alex Brandon, File)AP - Eager to show who's now in charge, the House's new Republican majority plans to vote to repeal President Barack Obama's landmark health care overhaul before he even shows up in their chamber to give his State of the Union address.

Interior allows some suspended drilling to resume (AP)

Posted: 03 Jan 2011 01:09 PM PST

In this Dec. 16, 2010 photo, a worker stands near a front loader as they prepare to move piles of sand impacted by the BP PLC oil spill on a beach in Grand Isle, La. Crews have been scouring the Gulf Coast's sandy shores for oil_digging, scraping, tilling and sifting beach after beach in their hunt. There is still an untold amount of oil in the form of gooey, largely non-toxic tar, lying under sand, mud and oyster shells along the shores, leaving the prospect that tar balls may wash up from time to time for months, if not years. (AP Photo/Patrick Semansky)AP - Thirteen companies whose deepwater drilling activities were suspended last year may be able to resume drilling without detailed environmental reviews, the Obama administration said Monday.

Navy probes carrier chief's racy onboard videos (AP)

Posted: 03 Jan 2011 01:09 PM PST

In this frame grab taken from video obtained by the Virginian-Pilot newspaper, U.S. Navy Capt. Owen Honors appears in one of a series of profanity-laced comedy sketches that were broadcast on the USS Enterprise via closed-circuit television. A top officer aboard a nuclear-powered aircraft carrier broadcast to his crew the series of sketches in which he uses gay slurs, mimics masturbation and opens the shower curtain on women pretending to bathe together, a newspaper reported. The Virginian-Pilot reported in its Sunday editions that Capt. Owen Honors appeared in the videos in 2006 and 2007 while he was the USS Enterprise's second-ranking officer, and showed them across the ship on closed-circuit television. He took over as the ship's commander in May. (AP Photo/The Virginian Pilot) NO SALESAP - Videos just coming to light show the crew of a Navy aircraft carrier got an eyeful on shipboard TV: Gay slurs, suggestive shower scenes and mimicked masturbation in clips made not by some sailor run amok but by the ship's second-most powerful officer.

Troubled Pakistan faces ruling coalition collapse (AP)

Posted: 03 Jan 2011 01:09 PM PST

Prime Minister of Pakistan Yousuf Raza Gilani, left, talks to media after his meeting with political leader and former Prime Minister Chaudary Shujjat Hussain, front right, in Lahore, Pakistan on Monday, Jan. 3, 2011. Gilani tried to keep his government from collapsing after a key party said it was quitting the ruling coalition, leaving the government short of majority support in parliament. (AP Photo)AP - The collapse of Pakistan's ruling coalition after a key party's defection complicates efforts to tackle problems facing this nuclear-armed nation already grappling with widespread poverty and insurgent attacks.

Jerry Brown returns to lead a troubled California (AP)

Posted: 03 Jan 2011 01:09 PM PST

Jerry Brown, left, is sworn-in as the 39th Governor of California as Anne Gust Brown looks on during ceremonies in Sacramento, Calif. Monday, Jan. 3, 2011. (AP Photo/Rich Pedroncelli)AP - Democrat Jerry Brown was sworn in Monday as California's 39th governor, returning to the office he left 28 years ago but inheriting a much different and more troubled state than the one he led then.

Former US official's body found in Del. landfill (AP)

Posted: 03 Jan 2011 01:09 PM PST

This image provided by the Newark Police Department shows a man identified by police as 66-year-old John Wheeler III, whose body was found at a landfill in Wilmington, Del. on New Year's Eve. (AP Photo/Newark Police Department)AP - Police in Delaware searched for clues Monday in the death of John Wheeler III, a former Army officer who served in Republican administrations and helped lead efforts to build the Vietnam Veterans Memorial wall in Washington.

Report: Facebook nets $500 million investment (AP)

Posted: 03 Jan 2011 01:10 PM PST

FILE - In this May, 26, 2010 file photo, Facebook CEO Mark Zuckerberg talks about the social network site's new privacy settings in Palo Alto, Calif. Facebook has raised $500 million from Goldman Sachs and a Russian investment firm in a deal that values the company at $50 billion, The New York Times reported. Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday in its online edition, citing people involved in the transaction that it did not name. Goldman has the right to sell part of its stake, up to $75 million, to the Russian firm. (AP Photo/Marcio Jose Sanchez, File)AP - A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside tech circles, even as the company tries to push off going public as long as possible.

Labs seek clues after 3,000 birds die in Arkansas (AP)

Posted: 03 Jan 2011 01:10 PM PST

A dead bird lies on Skylark Street in Beebe, Ark. on Saturday, Jan. 1, 2011. The Arkansas Game and Fish Commission said Saturday more than 1,000 dead black birds fell from the sky in Beebe. The agency said its enforcement officers began receiving reports about the dead birds about 11:30 p.m. Friday. (AP Photo/The Daily Citizen, Warren Watkins) RETRANSMISSION FOR LARGER FILE.AP - Wildlife experts are trying to solve a mystery that evoked images of the apocalypse: Why did more than 3,000 red-winged blackbirds tumble from the Arkansas sky shortly before midnight on New Year's Eve?

David Arquette's rep says the actor is in rehab (AP)

Posted: 03 Jan 2011 01:12 PM PST

FILE - In a Nov. 17, 2010 file photo, actor David Arquette arrives at GQ magazine's 2010 'Men of the Year' party in Los Angeles. Arquette's publicist says the actor has entered rehab. In an e-mail Monday, Jan. 3, 2011 to The Associated Press, Cindy Guagenti said she has 'no further information but 'reports that it is not drug related is correct.' Arquette, 39, and Courteney Cox, 46, announced their separation in October after 11 years of marriage. (AP Photo/Chris Pizzello, File)AP - David Arquette's publicist says the actor has entered rehab. In an e-mail Monday to The Associated Press, Cindy Guagenti says she has "no further information at this time."

Holmgren seeking Browns' fifth coach in 13 years (AP)

Posted: 03 Jan 2011 01:10 PM PST

Cleveland Browns president Mike Holmgren talks to the media hours after the team fired head coach Eric Mangini, at the Browns' training facility in Cleveland on Monday, Jan. 3, 2011. (AP Photo/Amy Sancetta)AP - Browns president Mike Holmgren began looking for Cleveland's next coach just hours after firing Eric Mangini. Holmgren, who won a Super Bowl title with Green Bay and guided Seattle to its only appearance in one, would not rule out coaching again. However, he said Monday that he is not part of the initial search to find a replacement for Mangini, who was dismissed after going 10-22 in two seasons.

Wall Street rallies on manufacturing data (Reuters)

Posted: 03 Jan 2011 01:19 PM PST

Traders work on the floor of the New York Stock Exchange on the last trading day of the year in New York in this December 31, 2010 file photo. REUTERS/Jessica RinaldiReuters - Stocks greeted the new year with a rally on Monday as encouraging signs about the outlook for manufacturing around the world prompted investors to inject new money into the market.

Manufacturing grows, bolsters 2011 outlook (Reuters)

Posted: 03 Jan 2011 10:44 AM PST

Reuters - U.S. manufacturing grew at its fastest pace in seven months in December, extending a recent run of encouraging economic data and suggesting that expansion of the world's biggest economy will accelerate in 2011.

BofA settles sour mortgages with Fannie Mae, Freddie (Reuters)

Posted: 03 Jan 2011 12:53 PM PST

Reuters - Bank of America Corp agreed to pay $2.8 billion to mortgage finance giants Fannie Mae and Freddie Mac to settle claims over soured mortgages, signaling the bank may be closer to containing its out-sized housing losses.

Judge denies bail for insider trading defendant (Reuters)

Posted: 03 Jan 2011 11:58 AM PST

Reuters - A federal magistrate refused to grant bail on Monday to a California woman charged with leaking inside information about technology companies.

Barnes & Noble says Nook boosts holiday sales (Reuters)

Posted: 03 Jan 2011 08:34 AM PST

The Barnes & Noble nook, a Wireless eBook Reader, is seen during a news conference in New York October 20, 2009. REUTERS/Shannon StapletonReuters - Barnes & Noble Inc reported strong preliminary holiday results at its superstores, led by the popularity of its Nook e-readers, and shares rose more than 5 percent.

Goldman Sachs returned to M&A top spot in 2010 (Reuters)

Posted: 03 Jan 2011 11:04 AM PST

Reuters - Goldman Sachs was the top global mergers and acquisitions adviser last year, retaking the position from rival Morgan Stanley, which derailed its multiyear grip on the ranking in 2009.

Apple iPhone alarm woes continue across the globe (Reuters)

Posted: 03 Jan 2011 11:05 AM PST

The bells weren't ringing for many iPhone users this New Year's weekend, when thanks to a glitch the alarms on Apple's iconic mobile phones failed to go off, causing many to oversleep.(AFP/File/Miguel Medina)Reuters - Some iPhone users across the globe complained of malfunctioning alarms on the first working day of 2011, even after Apple reassured users that its phones' built-in clocks will work from Monday.

Toshiba launches tablet to challenge iPad (Reuters)

Posted: 03 Jan 2011 09:10 AM PST

Reuters - Toshiba Corp is making its foray into the tablet war, offering a 10-inch device it says will be comparable in price to Apple's iPad.

Mediators shuttle between I.Coast presidents to end crisis (AFP)

Posted: 03 Jan 2011 12:57 PM PST

A UN peacekeeper standing guard outside the headquarters of Alassane Ouattara in Abidjan. African mediators on Monday offered Ivory Coast's embattled leader Laurent Gbagbo incentives to stand down after disputed polls, brandishing the threat of military action as the only alternative.(AFP/File/Issouf Sanogo)AFP - African mediators Monday held "useful" talks with Ivory Coast leader Laurent Gbagbo, who is facing the threat of military action if he does not stand down in favour of his rival after disputed polls.

African migrants feared drowned off Yemen (AFP)

Posted: 03 Jan 2011 11:16 AM PST

Ethiopian immigrants pictured waiting near Obok, north of Djibouti's capital, for smugglers' boats to cross the Gulf of Aden into Yemen, December 5, 2010. As many as 80 African migrants, mostly Ethiopians, were feared drowned when two boats capsized off the coast of south Yemen, the interior ministry said on Monday.(AFP/File/Tony Karumba)AFP - Dozens of Africans were feared drowned off south Yemen, the interior ministry and a security official said on Monday amid conflicting reports over their numbers and the cause of the accident.
Posted by Harshad at 1:38 PM

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