Monday, October 24, 2011

Obama offers mortgage relief on Western trip (AP)

Obama offers mortgage relief on Western trip (AP)

Obama offers mortgage relief on Western trip (AP)

Posted: 24 Oct 2011 01:53 PM PDT

President Barack Obama gestures while speaking at a fundraiser at the Bellagio Hotel in Las Vegas, Monday, Oct. 24, 2011. Obama is on a three-day trip to the West Coast. (AP Photo/Susan Walsh)AP - President Barack Obama is offering mortgage relief to struggling homeowners in hard-hit Nevada and around the country — saying he can't wait for an "increasingly dysfunctional Congress" to act.

Turks weep as survivors, bodies pulled from rubble (AP)

Posted: 24 Oct 2011 01:00 PM PDT

Emergency workers carry a youth they rescued from the rubble and debris of a collapsed building in Ercis, eastern Turkey, Monday, Oct. 24, 2011. Dozens of people were trapped in mounds of concrete, twisted steel and construction debris after hundreds of buildings in two cities and mud-brick homes in nearby villages pancaked or partially collapsed in Sunday's 7.2-magnitude earthquake in eastern Turkey. (AP Photo/Burhan Ozbilici)AP - Distraught Turkish families mourned outside a mosque or sought to identify loved ones among rows of bodies Monday as rescue workers scoured debris for survivors after a 7.2-magnitude quake that killed at least 279 people.

Libya leader orders investigation of Gadhafi death (AP)

Posted: 24 Oct 2011 10:53 AM PDT

Libyan Transitional National Council chairman Mustafa Abdul-Jalil, right, and Ali Tarhouni, Libyan National Transitional Council's minister for Oil and Finance, second left, greet Libyan veterans during a press conference in Benghazi, Libya, Monday Oct. 24, 2011. (AP Photo/Francois Mori)AP - With Libyans lining up to view Moammar Gadhafi's rotting corpse for a fourth day, the country's interim leader promised Monday to investigate how the longtime dictator was captured alive then killed a short time later after he came under strong international pressure to explain what happened.

US pulls envoy out of Syria, citing safety concern (AP)

Posted: 24 Oct 2011 01:43 PM PDT

FILE - In this June 20, 2011 photo taken during a government-organized tour for foreign diplomats and the media, US ambassador in Syria Robert Ford, covers his nose during his visit with other foreign diplomats to a mass grave, in Jisr el-Shughour, north of Syria. State Department spokesman Mark Toner said Monday, Oct. 24, 2011, that Ambassador Robert Ford returned to Washington this weekend after 'credible threats against his personal safety.' (AP Photo/Bassem Tellawi, File)AP - The Obama administration has pulled its ambassador home from Syria, arguing that his support for anti-Assad activists put him in grave danger — the most dramatic action so far by the United States as it struggles to counter a Mideast autocrat who is withstanding pressure that has toppled neighboring dictators.

Assange: Financial blockade may close WikiLeaks (AP)

Posted: 24 Oct 2011 12:19 PM PDT

WikiLeaks founder Julian Assange talks to members of the media during a news conference in London, Monday, Oct. 24, 2011. Assange said Monday that financial problems may lead to the closure of the notorious secret-spilling site at the end of this year. (AP Photo/Lefteris Pitarakis)AP - WikiLeaks — whose spectacular publication of classified data shook world capitals and exposed the inner workings of international diplomacy — may be weeks away from collapse, the organization's leader said Monday.

The IPO market, an engine of job growth, stalls (AP)

Posted: 24 Oct 2011 07:57 AM PDT

AP - Two companies with quirky names, Ubiquiti Networks and Zeltiq Aesthetics, made their public debuts earlier this month with listings on the Nasdaq Stock Market. Each company's stock went up modestly on the first day of trading.

Telescopes solve 2,000-year-old stellar mystery (AP)

Posted: 24 Oct 2011 12:24 PM PDT

This undated handout image provide by NASA, combines data from four different space telescopes to create a multi-wavelength view of all that remains of the oldest documented example of a supernova, called RCW 86. NASA announced the findings Monday, Oct. 24, 2011, and said the exploded star was observed by the ancient Chinese in the year 185, and visible for eight months. It was later found to be a bigger-than-expected supernova remnant, 8,000 light years away. (AP Photo/NASA)AP - Astronomers finally know why the first documented supernova was super-sized.

Prosecution rests case against Jackson physician (AP)

Posted: 24 Oct 2011 12:23 PM PDT

Dr. Conrad Murray sits in a courtroom during his involuntary manslaughter trial in Los Angeles, Friday, Oct. 21, 2011. Murray has pleaded not guilty and faces four years in prison and the loss of his medical license if convicted of involuntary manslaughter in Michael Jackson's death. (AP Photo/Reed Saxon, Pool)AP - Prosecutors concluded their case Monday against the doctor charged with Michael Jackson's death after questioning 33 witnesses, including an expert who said the physician committed numerous violations of medical practices that made him solely responsible for the singer's death.

Maine man's car goes 1 million miles (AP)

Posted: 24 Oct 2011 12:40 PM PDT

AP - A Maine man and his car are celebrating a million-mile milestone.

Official: Formula 1 race coming to NJ in 2013 (AP)

Posted: 24 Oct 2011 12:25 PM PDT

AP - An official with direct knowledge of the plan says Formula One is coming to New Jersey in June 2013 with a race on the Hudson River shoreline just minutes from New York City.

Lifeline thrown to underwater homeowners (Reuters)

Posted: 24 Oct 2011 11:59 AM PDT

Donald Bonner, 61, who has been delinquent on his mortgage payments for three to four months, speaks with a mortgage specialist at a JPMorgan Chase foreclosure consultation event in New York, in this March 31, 2011 file photo. MARKETS/HAIRCUT REUTERS/Shannon Stapleton/FilesReuters - U.S. homeowners who owe more than their properties are worth got new help on Monday when a U.S. regulator expanded a government program in a step that could help up to one million borrowers.

Obama tests go-it-alone steps on economy (Reuters)

Posted: 24 Oct 2011 01:36 PM PDT

U.S. President Barack Obama arrives to announce the withdrawal of U.S. troops from Iraq in the briefing room of the White House in Washington October 21, 2011. REUTERS/Joshua RobertsReuters - President Barack Obama launched the first in a series of executive actions on Monday aimed at bypassing Republicans in Congress to show voters he is serious about tackling a jobs and housing crisis that is endangering his re-election.

Netflix warns of Q1 loss, Q4 drop in DVD customers (Reuters)

Posted: 24 Oct 2011 01:33 PM PDT

Reuters - Netflix Inc warned of continued steep declines in DVD subscribers this quarter and said a costly expansion into Britain and Ireland would push it into the red in the first quarter, walloping its shares.

Caterpillar masters slowdown, posts record results (Reuters)

Posted: 24 Oct 2011 12:21 PM PDT

Reuters - Caterpillar Inc muscled through murky economic conditions with a surprising 44 percent jump in quarterly profit, and forecast strong demand through next year in a sign of optimism for the global economy.

EU may combine insurance, SPIV to boost euro fund (Reuters)

Posted: 24 Oct 2011 09:13 AM PDT

Reuters - The euro zone should combine two proposals for increasing the firepower of its rescue fund -- an insurance model and a special purpose investment vehicle (SPIV) -- according to an EU paper for the mid-week summit obtained by Reuters on Monday.

U.S. withdraws envoy to Syria, southern strike spreads (Reuters)

Posted: 24 Oct 2011 11:50 AM PDT

In this file picture, new U.S. ambassador Robert Ford (R) talks with Syria's President Bashar al-Assad after presenting his credentials to Assad, in Damascus January 27, 2011. REUTERS/SanaReuters - The United States has pulled its ambassador out of Syria because of what it said were credible threats to his safety after his public support for protesters led to attacks on the U.S. Embassy and his diplomatic convoy by supporters of President Bashar al-Assad.

Israel, Egypt agree to prisoner swap (Reuters)

Posted: 24 Oct 2011 12:15 PM PDT

Reuters - Israel and Egypt said on Monday they have struck a deal to swap 25 Egyptians in Israeli custody for a U.S.-Israeli dual national accused by Cairo of espionage, in a step seen as easing strains between the strategic neighbors.

Fed could target housing to help economy: Dudley (Reuters)

Posted: 24 Oct 2011 12:44 PM PDT

Federal Reserve Bank of New York CEO William Dudley speaks at the Bretton Woods Committee International Council conference in Washington, September 23, 2011. REUTERS/Jonathan ErnstReuters - The weak housing sector continues to pose a strong headwind to the economic recovery, and the Federal Reserve could potentially do more to drive down mortgage rates to support the sector, an influential Federal Reserve official said on Monday.

Does Mitt Romney have the GOP presidential nomination wrapped up? (The Christian Science Monitor)

Posted: 23 Oct 2011 02:05 PM PDT

The Christian Science Monitor - It̢۪s looking more and more like Mitt Romney has the Republican presidential nomination in the bag.

Albert Pujols swings for the fences – and for the ages (The Christian Science Monitor)

Posted: 23 Oct 2011 08:04 AM PDT

The Christian Science Monitor - Albert Pujols hit three home runs last night, a magnificent performance for a single game in baseball.
Posted by Harshad at 2:00 PM

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