Thursday, February 10, 2011

Egypt's Mubarak transfers power to vice president (AP)

Egypt's Mubarak transfers power to vice president (AP)

Egypt's Mubarak transfers power to vice president (AP)

Posted: 10 Feb 2011 01:10 PM PST

The local government headquarters, is set on fire by protesters, claiming delays on requests for housing in Port Said Thursday, Feb. 10, 2011. Labor unrest across the country gave powerful momentum to Egypt's wave of anti-government protests. With its efforts to manage the crisis failing, the government threatened the army could crack down by imposing martial law. (AP Photo)AP - Egyptian President Hosni Mubarak says he is transferring power to his vice president, Omar Suleiman, but will not leave the country.

January deficit grows by $50B, on pace for $1.5T (AP)

Posted: 10 Feb 2011 12:26 PM PST

AP - The federal government's budget deficit grew by $50 billion in January and is expected to finish the year as the highest in history.

Obama promotes plan for near universal wireless (AP)

Posted: 10 Feb 2011 12:39 PM PST

President Barack Obama is greeted on the tarmac upon his arrival at Sawyer International Airport in Gwinn, Mich., Thursday, Feb. 10, 2011. (AP Photo/Carolyn Kaster)AP - President Barack Obama promoted plans Thursday to bring high-speed wireless to nearly all American households, pushing his domestic agenda in a small, snowy city in Michigan's Upper Peninsula on a day of dramatic developments in Egypt.

3 dead in Pa. natural gas explosion; 2 missing (AP)

Posted: 10 Feb 2011 11:21 AM PST

Firefighters inspects the aftermath of a fatal explosion in a residential neighborhood in Allentown, Pa., Thursday, Feb. 10, 2011. (AP Photo/Matt Rourke)AP - A natural gas explosion rocked a downtown neighborhood overnight, leveling two houses and spawning fires that burned for hours through an entire row of neighboring homes. Three people were killed, including an infant, and at least two others were unaccounted for Thursday.

Energized conservatives hear from 2012 contenders (AP)

Posted: 10 Feb 2011 12:36 PM PST

Rep. Michele Bachmann, R-Minn. addresses the Conservative Political Action Conference (CPAC) in Washington, Thursday, Feb. 10, 2011. (AP Photo/Alex Brandon)AP - Thousands of conservatives, roused by GOP election gains they engineered, descended on the nation's capital Thursday, eager to help a Republican challenger deny President Barack Obama a second term.

NY Rep. Lee resigns after shirtless photo surfaces (AP)

Posted: 10 Feb 2011 11:08 AM PST

This undated photo provided by Gawker shows Rep. Chris Lee, R-N.Y., posing shirtless in front of a mirror. The gossip website Gawker reported Wednesday, Feb. 9, 2011 that Lee, a married two-term Republican lawmaker, had sent the shirtless photo of himself to a woman he met on Craigslist. Lee abruptly resigned his seat Wednesday, saying he was quitting because he regretted actions that have hurt his family and others. (AP Photo/Gawker) MANDATORY CREDIT: GAWKER; NO SALESAP - Rep. Christopher Lee of western New York abruptly resigned with only a vague explanation of regret after a gossip website reported that the married congressman had sent a shirtless photo of himself flexing his muscles to a woman whose Craigslist ad he answered.

Report: Google, Facebook consider buying Twitter (AP)

Posted: 10 Feb 2011 12:16 PM PST

AP - Google Inc. and Facebook Inc. have both held low-level talks with Twitter Inc. about purchasing the privately held social networking service, according to a report published Thursday.

District: Pa. teacher called students lazy whiners (AP)

Posted: 10 Feb 2011 06:22 AM PST

AP - School officials in a district near Philadelphia say a high school English teacher posted profanity-laced rants online that labeled her students "out of control" and "disengaged, lazy whiners."

Judge grants Charlie Sheen, wife, divorce in LA (AP)

Posted: 10 Feb 2011 12:57 PM PST

FILE - In this Sept. 20, 2009, file photo, actor Charlie Sheen, right, and his wife Brooke Mueller arrive at the 61st Primetime Emmy Awards in Los Angeles. (AP Photo/Chris Pizzello, file)AP - Charlie Sheen can go back to being single, but he'll have to wait a few months before it's official, a judge ruled Thursday.

AP Source: Sloan stepping down as Jazz coach (AP)

Posted: 10 Feb 2011 01:12 PM PST

FILE - This Dec. 3, 2010, file photo shows Utah Jazz coach Jerry Sloan during the first half of an NBA basketball game against the Dallas Mavericks, in Salt Lake City. A person with knowledge of the situation says Sloan is stepping down as head coach of the Jazz. The person also told The Associated Press on Thursday, Feb. 10, 2011, that longtime assistant Phil Johnson also will resign. (AP Photo/Colin E Braley, File)AP - Hall of Famer Jerry Sloan is stepping down after 23 years and 1,127 wins as head coach of the Utah Jazz.

Mubarak may step down, Egypt PM says: BBC (Reuters)

Posted: 10 Feb 2011 07:35 AM PST

Elliott Abrams, Senior Fellow for Middle Eastern Studies, Council on Foreign Relations , testifies on Capitol Hill in Washington, Wednesday, Feb. 9, 2011, before the House Foreign Affairs Committee hearing on 'Recent Developments in Egypt and Lebanon: Implications for U.S. Policy and Allies in the Broader Middle East, Part 1' . (AP Photo/Manuel Balce Ceneta)Reuters - Egyptian Prime Minister Ahmed Shafiq told Britain's BBC that President Hosni Mubarak may step down and the situation in the country will be clarified soon, the British broadcaster said on Thursday.

Jobless claims data boosts labor market outlook (Reuters)

Posted: 10 Feb 2011 12:16 PM PST

A sign in the window of a retail shoe store advertises for jobs in San Francisco, June 3, 2010. REUTERS/Robert GalbraithReuters - New applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum.

Obama budget to ignite deficit debate (Reuters)

Posted: 10 Feb 2011 11:59 AM PST

Reuters - President Barack Obama's 2012 budget plan will bring a simmering deficit debate to a head when he sends it to Congress on Monday, but the United States is still far from tackling its huge fiscal gap as bond markets watch anxiously.

Hurdles emerge for blockbuster D.Boerse-NYSE deal (Reuters)

Posted: 10 Feb 2011 11:29 AM PST

Reuters - Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European anti-trust authorities, potentially putting the blockbuster exchange tie-up in peril.

House Republicans deepen spending cuts (Reuters)

Posted: 10 Feb 2011 11:30 AM PST

Bumper stickers with conservative messages available at a display booth at the Conservative Political Action conference(CPAC) in Washington, February 10, 2011. REUTERS/Kevin LamarqueReuters - Republicans in the House of Representatives on Thursday agreed to deepen proposed federal spending cuts, resolving a split within their ranks but putting them even more at odds with the White House and Democratic-led Senate.

Cisco bucks tide of tech optimism, shares fall (Reuters)

Posted: 10 Feb 2011 11:32 AM PST

John Chambers, CEO of Cisco Systems, speaks during a news conference at at the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada, January 6, 2010. REUTERS/Steve MarcusReuters - After disappointing Wall Street quarter after quarter, Cisco Systems Inc may be losing its status as a tech industry bellwether.

Starbucks CEO invests in Groupon, gets board seat (Reuters)

Posted: 10 Feb 2011 01:05 PM PST

Reuters - Groupon said on Thursday Starbucks Corp Chief Executive Howard Schultz has joined its board of directors and that his venture capital firm has taken a stake in the daily deals website.

New abortion restrictions possible in several states (Reuters)

Posted: 10 Feb 2011 11:46 AM PST

Reuters - From bans on late-term abortions to requiring providers to offer women sonograms of their fetuses, conservative lawmakers are pushing abortion curbs this year in dozens of states.

Tahrir Square crowd furious at Mubarak speech (AFP)

Posted: 10 Feb 2011 01:13 PM PST

Tens of thousands of Egyptian anti-government protesters crowd Cairo's Tahrir square. Protesters in central Cairo's Tahrir Square reacted with fury on Thursday when President Hosni Mubarak failed to announce his immediate resignation, demanding the army join them in revolt.(AFP/Patrick Baz)AFP - Protesters in central Cairo's Tahrir Square reacted with fury on Thursday when President Hosni Mubarak failed to announce his immediate resignation, demanding the army join them in revolt.

Egypt Live Report (AFP)

Posted: 10 Feb 2011 01:13 PM PST

An image grab taken from Egyptian state television shows Egypt's President Hosni Mubarak, who is facing mounting calls for his resignation, addressing the nation in Cairo.(AFP/AL-MASRIYA TV)AFP - 2110 GMT: Crowds urge the army to join them in their revolt, still chanting angrily after Mubarak says he will delegate his powers to Suleiman, but failed to announce his immediate resignation. Instead the veteran strongman said that his 30-year reign would last until September when new elections are planned.
Posted by Harshad at 1:22 PM

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