Wednesday, October 26, 2011

Obama announces help for student loan borrowers (AP)

Obama announces help for student loan borrowers (AP)

Obama announces help for student loan borrowers (AP)

Posted: 26 Oct 2011 01:31 PM PDT

President Barack Obama looks at his watch during his speech about managing student debt during an event at the University of Colorado Denver Downtown Campus in Denver, Wednesday, Oct. 26, 2011. Denver is the final stop on a three-day trip to the West Coast for fundraising and speeches promoting his American Jobs Act. (AP Photo/Susan Walsh)AP - President Barack Obama recalled his struggles with student loan debt as he unveiled a plan Wednesday that could give millions of young people some relief on their payments.

Riot squads clear Wall St. protests in 2 cities (AP)

Posted: 26 Oct 2011 01:32 PM PDT

Occupy Wall Street protesters play drums and other percussion instruments at Zuccotti Park in New York, Wednesday, Oct. 26, 2011. (AP Photo/Seth Wenig)AP - Police in riot gear clashed with anti-Wall Street protesters overnight, firing tear gas and beanbag rounds at hundreds of demonstrators in Oakland and forcibly evicting and arresting more than 50 others in Atlanta.

Flat tax renews fight on 'trickle-down economics' (AP)

Posted: 26 Oct 2011 01:27 PM PDT

FILE - In this Oct. 13, 2011 file photo, Republican presidential candidate former Massachusetts Gov. Mitt Romney speaks in Redmond, Wash. The flat tax is making a comeback among Republican presidential candidates. Most of the contenders _Mitt Romney's an exception — offer a variation of the tax plan under which everyone pays the same rate. But a flat tax faces tough opposition in Congress because it tends to favor the rich at the expense of others. (AP Photo/Elaine Thompson, File)AP - The flat tax is making a comeback among Republican presidential candidates, but it would face tough opposition in Congress. It tends to favor the rich at the expense of the rest of taxpayers, renewing an old debate about "trickle-down economics."

NYPD keeps files on Muslims who change their names (AP)

Posted: 26 Oct 2011 01:19 PM PDT

FILE - In this Oct. 6, 2011, file photo, NYPD Commissioner Raymond Kelly listens during his testimony about NYPD intelligence operations to the New York City Council public safety committee in New York. The Associated Press has learned that the New York Police Department maintains secret intelligence files on Muslims who change their names. That means Muslims who Americanize their names, like generations of immigrants have done, may come under police scrutiny along with Muslim converts who take Arabic names. (AP Photo/Bebeto Matthews, File)AP - For generations, immigrants have shed their ancestral identities and taken new, Americanized names as they found their place in the melting pot. For Muslims in New York, that rite of assimilation is now seen by police as a possible red flag in the hunt for terrorists.

EU sets new bank rules, struggles over crisis plan (AP)

Posted: 26 Oct 2011 01:34 PM PDT

German Chancellor Angela Merkel reacts during a debate at the German federal parliament, Bundestag, in Berlin, Germany, Wednesday, Oct. 26, 2011. Merkel is calling for the private sector to make a significantly larger contribution than previously agreed to reduce Greece's debt burden. Merkel said the aim of a European summit Wednesday must be a solution that allows for Greece to cut its debt load to 120 percent of gross domestic product by 2020. (AP Photo/dapd/Michael Gottschalk)AP - European countries will force their largest banks to quickly increase their capital buffers as part of a grand strategy to solve the continent's debt troubles, but leaders gathered at a crisis summit struggled to agree on the other key parts of the plan.

Perry says 'no doubt' Obama is an American citizen (AP)

Posted: 26 Oct 2011 01:19 PM PDT

Republican Presidential candidate, Texas Gov. Rick Perry speaks at the ISO Poly Films plant, Tuesday, Oct. 25, 2011, in Gray Court, S.C. (AP Photo/ Richard Shiro)AP - Rick Perry now is saying that he has no doubt that President Barack Obama is an American citizen. The Texas governor made the comment in an interview with Bay News 9's "Political Connections" in Tampa, Fla., and the St. Petersburg Times.

Prosecutor: Woman shot neighbor to keep him quiet (AP)

Posted: 26 Oct 2011 11:37 AM PDT

FILE - In this Sept. 22, 2011 photo, Tracey Richter Roberts confers with Karmen Anderson, one of her attorneys, during a motions hearing in Fort Dodge, Iowa. The trial begins Tuesday for the Iowa mother charged with first-degree murder in the death of a 20-year-old neighbor shot to death in the woman’s bedroom more than a decade ago. After Roberts, who was at home with her three children at the time she fired nine shots into the man, would soon go on national television and be called a heroic mother who acted in self-defense to protect her family from home invaders. But today folks in her town of 500 are weighing prosecutors accusations that she’s is a master manipulator who planned the killing and tried to frame her ex-husband. (AP Photo/Ryan Foley, File)AP - A woman forced a 20-year-old neighbor to write a diary framing her ex-husband in a murder-for-hire scheme and then killed him because she didn't think he could keep his role a secret, a prosecutor said Wednesday at her first-degree murder trial.

Longevity's secrets sought in DNA of 100-year-olds (AP)

Posted: 26 Oct 2011 01:38 PM PDT

In this Tuesday, Oct. 18, 2011 photo, Marie Eberhardt helps her husband George Eberhardt, 107, of Chester, NJ. after they both got their annual flu shot in Mendham, N.J. George Eberhardt turned 107 in September 2011, and scientists would love to know how he and other older folks like him make it that far. So he's going to hand over some of his DNA. He is taking part in one of two projects announced in October 2011 that will examine some of the oldest citizens with one of the newest scientific tools: whole-genome sequencing, the deciphering of a person's complete collection of DNA. (AP Photo/Mel Evans)AP - George Eberhardt turned 107 last month, and scientists would love to know how he and other older folks like him made it that far. So he's going to hand over some of his DNA. He's one of 100 centenarians taking part in a project announced Wednesday that will examine some of the oldest citizens with one of the newest scientific tools: whole-genome sequencing, the deciphering of a person's complete collection of DNA.

Former top Wall Streeter denies insider trading (AP)

Posted: 26 Oct 2011 01:23 PM PDT

FILE - In this Jan. 3, 2009 file photo, Rajat Kumar Gupta, former Chairman of Global Fund to Fight AIDS, Tuberculosis and Malaria, listens to a statement, during a session at the World Economic Forum in Davos, Switzerland. Gupta, former Goldman Sachs board member, surrendered to federal authorities Wednesday, Oct. 26, 2011 in New York to face criminal charges stemming from a massive hedge fund insider trading case. (AP Photo/Keystone/Alessandro Della Bella, File)AP - A former board member of Goldman Sachs and Procter & Gamble pleaded not guilty Wednesday to federal charges accusing him of acting as "the illegal eyes and ears in the boardroom" for a friend, a billionaire hedge fund founder sentenced this month to 11 years in prison in the biggest insider trading case in history.

Coroner: Amy Winehouse died from too much alcohol (AP)

Posted: 26 Oct 2011 01:37 PM PDT

Amy Winehouse's father Mitch, center and his partner Jane, right, arrive at St Pancras Coroner's Court for a hearing into the singer's death in London, Wednesday, Oct. 26, 2011. A British coroner will hear about the final hours of Amy Winehouse's life at the inquest into the soul diva's death. The singer, who had fought drug and alcohol problems for years, was found dead in bed at her London home on July 23 at age 27. (AP Photo/Matt Dunham)AP - Amy Winehouse drank herself to death. That was the ruling of a coroner's inquest into the death of the Grammy-winning soul singer, who died with empty vodka bottles in her room and lethal amounts of alcohol in her blood — more than five times the British drunk driving limit.

Eurozone aims to ramp up rescue fund, details deferred (Reuters)

Posted: 26 Oct 2011 12:16 PM PDT

Reuters - Euro zone leaders intend to multiply the capacity of their rescue fund around fourfold to one trillion euros but details of how they plan to draw a line under Europe's worsening debt crisis will not be nailed until next month, sources said.

Ex-Goldman director Gupta charged in insider case (Reuters)

Posted: 26 Oct 2011 12:23 PM PDT

Reuters - Rajat Gupta, who sat on the boards of some of America's most prestigious companies, was arrested and charged on Wednesday with being the "illegal eyes and ears" for his friend Raj Rajaratnam, the central figure in a broad U.S. crackdown on insider trading at hedge funds.

Gaddafi son offers to surrender to Hague: Libyans (Reuters)

Posted: 26 Oct 2011 01:36 PM PDT

People walk in a cemetery where soldiers loyal to former Libyan leader Muammar Gaddafi are being buried in Misrata October 25, 2011. REUTERS/Thaier al-SudaniReuters - Saif al-Islam Gaddafi wants to turn himself in to the Hague war crimes court, a senior Libyan official told Reuters on Wednesday.

Exclusive: National Security Agency helps banks battle hackers (Reuters)

Posted: 26 Oct 2011 11:51 AM PDT

Reuters - The National Security Agency, a secretive arm of the U.S. military, has begun providing Wall Street banks with intelligence on foreign hackers, a sign of growing U.S. fears of financial sabotage.

Freddie Mac CEO to resign, regulator says (Reuters)

Posted: 26 Oct 2011 12:19 PM PDT

Reuters - Freddie Mac's chief executive, Charles E. "Ed" Haldeman Jr, will step down by the end of the year, the regulator of the company said on Wednesday.

Exclusive: Democrats seek up to $3 trillion in savings (Reuters)

Posted: 26 Oct 2011 12:40 PM PDT

Sen. Max Baucus (D-MT), Sen. Rob Portman (R-OH) and Sen. John Kerry (D-MA) listen to testimony on Capitol Hill, September 13, 2011. REUTERS/Jonathan ErnstReuters - Democrats are proposing to slash huge U.S. budget deficits by up to $3 trillion, aiming high to repair the country's fiscal mess even as Republicans show early signs of resisting the proposals.

Olympus chairman quits; Japan watchdog probes firm (Reuters)

Posted: 26 Oct 2011 10:20 AM PDT

Reuters - Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value while his successor stuck with the company's line that it had done nothing wrong.

Murdoch lawyer accused BBC of phone hacking vendetta (Reuters)

Posted: 26 Oct 2011 09:26 AM PDT

Reuters - A lawyer for Rupert Murdoch's News Group Newspapers earlier this year accused the British Broadcasting Corporation of pursuing an investigation of alleged computer and phone hacking to "undermine" Murdoch's bid to acquire full ownership of satellite broadcaster BSkyB.

How 'Made in USA' parts wound up in Iraqi bombs; US indicts Iranian ring (The Christian Science Monitor)

Posted: 25 Oct 2011 04:50 PM PDT

The Christian Science Monitor - Federal agents have broken up a Tehran-based ring that smuggled radio frequency modules to Iran that later turned up in 16 unexploded roadside bombs in Iraq targeting US forces.

Obama's student loan debt-relief plan: Too good to be true? (The Christian Science Monitor)

Posted: 25 Oct 2011 04:42 PM PDT

The Christian Science Monitor - President Obama on Wednesday is launching a new plan to lower the cost of paying back student loans for millions of borrowers â€" the latest installment in his bid to move a jobs agenda that bypasses a gridlocked Congress.
Posted by Harshad at 1:49 PM

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