Saturday, February 5, 2011

Egypt ruling party leaders resign but regime holds (AP)

Egypt ruling party leaders resign but regime holds (AP)

Egypt ruling party leaders resign but regime holds (AP)

Posted: 05 Feb 2011 01:14 PM PST

Egyptian anti-Mubarak protesters shout slogans during a demonstration in Tahrir square in Cairo, Egypt, Saturday, Feb. 5, 2011. US President Barack Obama said Egypt's Hosni Mubarak should do the statesmanlike thing and make a quick handoff to a more representative government. (AP Photo/Emilio Morenatti)AP - The top leadership body of Egypt's ruling party resigned Saturday, including the president's son, but the regime appeared to be digging in its heels, calculating that it can ride out street protests and keep President Hosni Mubarak in office.

Eye on unrest, Iraq PM says he won't seek 3rd term (AP)

Posted: 05 Feb 2011 09:32 AM PST

FILE - In this Jan. 23, 2009 file photo, Iraqi Prime Minister Nouri al-Maliki is seen at a rally in Basra, Iraq's second-largest city, 550 kilometers (340 miles) southeast of Baghdad, Iraq. Iraq's prime minister says he will return half of his annual salary to the government's treasury in a symbolic effort to balance the standard of living between the nation's rich and poor. (AP Photo/Nabil al-Jurani, File)AP - Iraqi Prime Minister Nouri al-Maliki will not run for a third term in 2014, an adviser said Saturday, limiting himself in the name of democracy while keeping a wary eye on the popular anger at governments across the Middle East.

US envoy: Mubarak has to lead Egypt to transition (AP)

Posted: 05 Feb 2011 11:26 AM PST

FILE - In this May 24, 2006 file photo, Frank Wisner, then U.S. Special Envoy for Kosovo Status Talks, speaks during a news conference in Budapest, Hungary. The State Department on Monday, Jan. 31, 2011 said that Wisner, a former ambassador to Egypt, was now on the ground in Cairo and will meet Egyptian officials to urge them to embrace broad economic and political changes that can pave the way for free and fair elections. (AP Photo/Bela Szandelszky, File)AP - Egyptian President Hosni Mubarak's leadership remains crucial for now as the country heads into a transition to democracy, a U.S. envoy who met him this week said Saturday, cautioning that the situation remains precarious.

AP IMPACT: Explosion highlights lax pipeline rules (AP)

Posted: 05 Feb 2011 11:45 AM PST

FILE - In this Sept. 9, 2010 file photo, a massive fire roars through a mostly residential neighborhood in San Bruno, Calif. An Associated Press investigation has found that damage from a California pipeline explosion could have been reduced if the line had been equipped with a type of shut-off valve federal safety investigators have recommended for decades. (AP Photo/Jeff Chiu, File)AP - First, the pipeline exploded. Then the flames, like a blowtorch, set the neighborhood overlooking San Francisco Bay ablaze.

Nasdaq hackers target service for corporate boards (AP)

Posted: 05 Feb 2011 12:57 PM PST

FILE - The sign outside the NASDAQ Market site is seen in this Aug. 19, 2004 file photo taken in New York. The Wall Street Journal reported on its website late Friday Feb. 4, 2011 that federal investigators are trying to identify the hackers that penetrated the market's computer network multiple times during the past year. (AP Photo/Kathy Willens, File)AP - The company that runs the Nasdaq stock market said Saturday that hackers had penetrated a service that handles confidential communications between public companies and their boards.

House Republicans go easy on cuts for Congress (AP)

Posted: 05 Feb 2011 10:19 AM PST

FILE - In this Jan. 26, 2011, file photo House Budget Committee Chairman Rep. Paul Ryan, R-Wis., left, talks with with the committee's ranking Democrat, Rep. Chris Van Hollen, D-Md., on Capitol Hill in Washington. Republicans now controlling the House promised Thursday Feb. 3, 2011, to slash domestic agencies' budgets by almost 20 percent for the coming year, the first salvo in what's sure to be a bruising battle over their drive to cut spending to where it was before President Barack Obama took office. 'Washington's spending spree is over,' declared Ryan, who announced the plan. (AP Photo/Charles Dharapak, File)AP - Republicans now running the House are barely touching Congress' generous own budget even as they take a cleaver to many domestic agencies.

With Egypt in turmoil, oil and food prices climb (AP)

Posted: 05 Feb 2011 06:59 AM PST

A cargo ship transits the Suez Canal en route from the Mediterranean Sea to the Gulf of Suez at the city of Suez, Egypt, Wednesday, Feb. 2, 2011. Oil has come off two-year highs above $92 earlier this week as investor fears that chaos in Egypt could disrupt the two million barrels of crude per day that pass through the Suez Canal and an adjacent pipeline eased. (AP Photo/Emilio Morenatti)AP - The turmoil in Egypt is causing economic jitters across the globe, pushing up food and oil prices so far, but bigger worries are ahead.

Health care fraud: Not a faceless crime any longer (AP)

Posted: 05 Feb 2011 09:19 AM PST

FILE - This composite photo released by the FBI Oct. 13, 2010, shows 10 suspects indicted in Los Angeles as part of an FBI investigation, dubbed Operation Diagnosis Dollars, which targeted the largest Medicare fraud ring by one criminal enterprise in the program's history. A vast network of 73 people across the country were charged by federal prosecutors in a scheme to cheat Medicare out of $163 million. Medicare and Medicaid scams cost taxpayers more than $60 billion a year, but the average bank holdup is likely to get more attention. (AP Photo/Federal Bureau of Investigations, File)AP - Health care fraud once was a faceless crime. Now it has a mug shot, even a smile.

Wal-Mart, humbled king of retail, plots rebound (AP)

Posted: 05 Feb 2011 07:35 AM PST

In this photo taken Dec. 15, 2010, the check-out inside a Wal-Mart store in Alexandria, Va., is shown. The battleground for the biggest fight in retailing today is being played out along this suburban highway. Going head-to-head: Wal-Mart against everyone else. (AP Photo)AP - The battle for shoppers is playing out in this New York suburb: Wal-Mart versus everyone else.

Bundle up, NFL fans, for 2 of next 3 Super Bowls (AP)

Posted: 05 Feb 2011 04:18 AM PST

Skyler New, of Tampa, Fla., makes a snowball as he plays outside the NFL football Super Bowl XLV Media Center in Dallas, Friday, Feb. 4, 2011. The Green Bay Packers and Pittsburgh Steelers will face each other in Super Bowl XLV Sunday. (AP Photo/David J. Phillip)AP - Bundle up, football fans. Two of the next three Super Bowls are likely to be super cold, just like this one.

Obama calls on business to do more to boost U.S. (Reuters)

Posted: 05 Feb 2011 03:03 AM PST

U.S. President Barack Obama speaks about the future of energy and technology competitiveness during his visit to Pennsylvania State University, February 3, 2011. REUTERS/Jason ReedReuters - President Barack Obama called on U.S. businesses on Saturday to do more to boost the economy by hiring more workers and making investments.

Nokia likely to sack several executives: report (Reuters)

Posted: 05 Feb 2011 05:01 AM PST

Reuters - The world's biggest cellphone maker Nokia is likely to sack several executive board members in a management shake-up, a German weekly reported.

Business executives killed in Iraq plane crash (Reuters)

Posted: 05 Feb 2011 09:42 AM PST

Relatives mourn the death of MerchantBridge CEO Basil al-Rahim, one of the victims of the private plane that crashed yesterday in the city of Sulaimaniya in Iraq's semi-autonomous northern Kurdish region, as they wait for the arrival of his body at the Beirut international airport, February 5, 2011. REUTERS/Khalil HassanReuters - The chief executive of private equity group MerchantBridge and two JPMorgan executives were among seven people killed when a small plane crashed in northern Iraq, officials said on Saturday.

Palin says Obama's policies have U.S. on road to ruin (Reuters)

Posted: 04 Feb 2011 10:46 PM PST

Reuters - Republican Sarah Palin said on Friday an explosion of government spending and debt under President Barack Obama and his fellow Democrats had put the United States on "the road to ruin."

U.S. and Russia cap "reset" in ties with START treaty (Reuters)

Posted: 05 Feb 2011 06:08 AM PST

Reuters - The United States and Russia formally inaugurated their new START nuclear arms treaty on Saturday, capping two years of work to "reset" the sometimes strained ties between the former Cold War enemies.

Mubarak meets cabinet as Egypt uprising rolls on (AFP)

Posted: 05 Feb 2011 11:42 AM PST

Egyptian anti-government protesters in Cairo's Tahrir Square. Egyptian President Hosni Mubarak huddled with his new government for the first time on Saturday, and the executive committee of his ruling party quit en masse on day 12 of the protests against his regime.(AFP/Marco Longari)AFP - Egyptian President Hosni Mubarak huddled with his new government for the first time on Saturday, and the executive committee of his ruling party quit en masse on day 12 of the protests against his regime.

Iraq PM pledges not to seek third term (AFP)

Posted: 05 Feb 2011 11:50 AM PST

Iraqi Prime Minister Nuri al-Maliki speaks during an interview in Baghdad. Maliki said on Saturday that Egyptians have the right to democracy and pledged not to seek a third term in power himself.(AFP/Ahmad al-Rubaye)AFP - Iraqi Prime Minister Nuri al-Maliki said on Saturday that Egyptians have the right to democracy and pledged not to seek a third term in power himself.
Posted by Harshad at 1:30 PM

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