Friday, February 11, 2011

Democracy protests bring down Egypt's Mubarak (AP)

Democracy protests bring down Egypt's Mubarak (AP)


Democracy protests bring down Egypt's Mubarak (AP)

Posted: 11 Feb 2011 12:39 PM PST

Egyptians celebrate the news of the resignation of President Hosni Mubarak, who handed control of the country to the military, at night in Tahrir Square in downtown Cairo, Egypt Friday, Feb. 11, 2011. (AP Photo/Tara Todras-Whitehill)AP - Fireworks burst over Tahrir Square and Egypt exploded with joy and tears of relief after pro-democracy protesters brought down President Hosni Mubarak with a momentous march on his palaces and state TV. Mubarak, who until the end seemed unable to grasp the depth of resentment over his three decades of authoritarian rule, finally resigned Friday and handed power to the military.


Egyptians in US already looking toward the future (AP)

Posted: 11 Feb 2011 12:52 PM PST

Allie Berry, center, Chairman of the Congress of Arab American Organization discusses when and where the Arab communities should voice the outrage to Egyptian President Hosni Mubarak, Thursday, Feb. 10, 2011 in Dearborn, Mich. Members of Michigan's large Arab community have met in Dearborn to talk about the crisis in Egypt and to express disappointment with President Hosni Mubarak's decision to remain in office.  (AP Photo/Detroit News, Ricardo Thomas)  DETROIT FREE PRESS OUTAP - http://news.yahoo.com/s/ap/20110211/ap_on_re_mi_ea/ml_egypt NEW YORK (AP) — Waves of celebration rippled out of Egypt and washed onto America's shores Friday, with Egyptian-Americans already looking to the future after the departure of President Hosni Mubarak and his three decades of authoritarian rule.


White House: Limit gov't backing of mortgages (AP)

Posted: 11 Feb 2011 07:42 AM PST

President Barack Obama returns to the White House in Washington, Thursday, Feb. 10, 2011, after traveling to Marquette, Mich.. (AP Photo/Charles Dharapak)AP - The Obama administration laid out three broad options Friday for reducing the government's role in the mortgage market. All three would almost certainly lead to higher interest rates and costs for borrowers.


Strong quake jolts southern Chile; magnitude 7 (AP)

Posted: 11 Feb 2011 12:38 PM PST

AP - The U.S. Geological Survey says a magnitude-7 earthquake has hit southern Chile.

Nokia, Microsoft in pact to rival Apple, Google (AP)

Posted: 11 Feb 2011 05:20 AM PST

Stephen Elop CEO of Nokia, left, with CEO of Microsoft Steve Ballmer, speaking in London, as he announces the strategic partnership with Microsoft, Friday, Feb. 11, 2011. Technology titans Nokia and Microsoft are combining forces to create smart phones that might challenge rivals like Apple and Google and revive their own fortunes in a market they have struggled to keep up with.Nokia Corp., the world's largest maker of mobile phones, said Friday it plans to use Microsoft Corp.'s Windows Phone software as the main platform for its smart phones in an effort to pull market share away from Apple's iPhone and Android, Google's software for phones and tablets. Nokia said it will help drive the future of Windows Phone 'innovating on top of the platform in areas such as imaging, where Nokia is a market leader.'(AP Photo/Alastair Grant)AP - Technology titans Nokia and Microsoft are combining forces to make smart phones that might challenge rivals like Apple and Google and revive their own fortunes in a market they have struggled to keep up with.


Israel watches Mubarak ouster with trepidation (AP)

Posted: 11 Feb 2011 12:29 PM PST

Palestinians in a passing car wave an Egyptian flag in jubilation after receiving the news of Egyptian President Hosni Mubarak's resignation, as Hamas called for celebrations in Gaza City, Friday, Feb. 11, 2011. Egypt, along with Israel, had enforced a border blockade on Gaza after the territory was seized by Hamas in 2007. There were some Palestinian expectations that under a new Egyptian regime, the blockade would be eased while Israel feared it would mean an increase in weapon smuggling.(AP Photo/Adel Hana)AP - Israel watched Egyptian President Hosni Mubarak's resignation with trepidation Friday, concerned the ouster of its staunchest Arab ally might endanger a peace treaty between the two countries and help boost Islamists already on the rise in the region.


Stroke rehab doesn't have to be high-tech to help (AP)

Posted: 11 Feb 2011 12:35 PM PST

AP - The largest study ever on stroke rehabilitation found that doing physical therapy at home improved walking just as well as a high-tech treadmill program.

Schwarzenegger says he's returning to acting (AP)

Posted: 11 Feb 2011 10:27 AM PST

FILE - In this June 17, 2010 file photo, then California Gov. Arnold Schwarzenegger attends the After-School All-Stars gala at the Mandarin Oriental Hotel in New York. After seven years in the California governor's mansion, Arnold Schwarzenegger is returning to his old day job: acting. Schwarzenegger wrote on Twitter that he's ready to start considering film roles again. (AP Photo/Evan Agostini, file)AP - After seven years in the California governor's mansion, Arnold Schwarzenegger is returning to his old day job: acting.


Shades of 'Seinfeld': Maine bottle scam alleged (AP)

Posted: 11 Feb 2011 12:46 PM PST

A truck carrying bottles and cans pulls into Green Bee Redemption, a recycling center, on Friday, Feb. 11, 2011 in Kittery, Maine. A couple that runs the center and a Massachusetts man were indicted this week for allegedly redeeming beverage containers in Maine that were bought in other states without a redemption fee. (AP Photo/Joel Page)AP - A memorable "Seinfeld" episode features Kramer and Newman taking thousands of cans and bottles to Michigan so they can get a nickel more per container than they would in New York, but beverage distributors say there's nothing funny when it happens for real.


Bonds seeks to exclude recording from trial (AP)

Posted: 11 Feb 2011 12:07 PM PST

FILE - In this May 14, 2006, file photo, San Francisco Giants' Barry Bonds sits in the dugout during the Giants' baseball game against the Los Angeles Dodgers in San Francisco. Federal prosecutors have cut the number of felony charges Bonds faces from 11 to five. In a court filing Thursday, Feb. 10, 2011, prosecutors filed their third revised indictment against Bonds, who is scheduled to stand trial March 21. (AP Photo/Marcio Jose Sanchez, File)AP - Barry Bonds is seeking to exclude from his perjury trial next month a secret recording made by a former business partner that allegedly discusses his steroids use.


End of Mubarak era as protests topple president (Reuters)

Posted: 11 Feb 2011 08:25 AM PST

Reuters - Hosni Mubarak stepped down as Egypt's president on Friday, handing over to the army and ending three decades of autocratic rule, bowing to escalating pressure from the military and protesters demanding that he go.

Obama faces big challenges in Egyptian power shift (Reuters)

Posted: 11 Feb 2011 09:00 AM PST

Reuters - President Barack Obama was poised on Friday to welcome Egyptian President Hosni Mubarak's decision to step down but Washington now faces deep uncertainty and big challenges in dealing with Egypt's potentially volatile transition of power.

Obama launches housing overhaul plan (Reuters)

Posted: 11 Feb 2011 12:51 PM PST

A sign in front of the Fannie Mae headquarters is photographed in Washington February 11, 2011. The Obama administration unveiled on Friday a plan to unwind the government-controlled mortgage buyers Fannie Mae and Freddie Mac.    REUTERS/Molly Riley  (UNITED STATES - Tags: POLITICS BUSINESS)Reuters - The Obama administration nailed a 'condemned' sign on the wrecked U.S. housing finance system on Friday but did not offer a clear blueprint for a rebuilding project that promises to take years.


Nokia and Microsoft join forces in smartphone war (Reuters)

Posted: 11 Feb 2011 12:19 PM PST

Reuters - Nokia and Microsoft Corp will team up to build an iPhone rival, the Finnish phonemaker's last-ditch attempt to catch up with Google and Apple and arrest its decline in the global smartphone arena.

Germany confirms Weber to leave Bundesbank (Reuters)

Posted: 11 Feb 2011 08:20 AM PST

Reuters - Axel Weber will step down as head of the Bundesbank a year before his term ends, the German government said on Friday, formally ending his chances of becoming the next president of the European Central Bank.

HKEx could look to join hands with Nasdaq and CBOE (Reuters)

Posted: 11 Feb 2011 01:37 AM PST

Reuters - Hong Kong Exchanges and Clearing Ltd may knock on the doors of the tech-heavy Nasdaq or Chicago's CBOE as the world's most valuable stock exchange operator eyes a partner amid a frenzy of merger activity engulfing the sector.

Romney takes on Obama on handling of economy (Reuters)

Posted: 11 Feb 2011 09:42 AM PST

Reuters - Republican Mitt Romney accused President Barack Obama on Friday of presiding over "the greatest job loss in modern American history" in a speech to conservatives that strongly hinted at a run for president.

Hedge fund joins opposition to DuPont's Danisco bid (Reuters)

Posted: 11 Feb 2011 08:04 AM PST

Reuters - U.S. chemicals giant DuPont came under more pressure to raise its $5.8 billion bid for Denmark's Danisco after U.S. hedge fund Elliott Associates joined shareholders opposed to the offer.

Mubarak falls as million Egyptians march (AFP)

Posted: 11 Feb 2011 12:43 PM PST

Egyptian anti-government demonstrators celebrate at Cairo's Tahrir Square after President Hosni Mubarak stepped down.(AFP/Khaled Desouki)AFP - Egyptian strongman Hosni Mubarak was forced to cede power to a junta of senior military commanders on Friday after more than a million furious demonstrators took to the streets.


Magistrates seek immediate trial for Berlusconi (AFP)

Posted: 09 Feb 2011 09:40 AM PST

Italian Prime Minister Silvio Berlusconi reacts during a press conference following a ministers council at Palazzo Chigi in Rome. Italian prosecutors Wednesday requested that Berlusconi be put on trial immediately for abuse of power and having sex with an underage girl nicknamed Ruby the Heartstealer.(AFP/Alberto Pizzoli)AFP - Italian prosecutors Wednesday requested that Prime Minister Silvio Berlusconi be put on trial immediately for abuse of power and having sex with an underage girl nicknamed Ruby the Heartstealer.


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