Wednesday, March 28, 2012

Ex-MF Global exec takes 5th amendment at hearing

Ex-MF Global exec takes 5th amendment at hearing

Ex-MF Global exec takes 5th amendment at hearing

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A former MF Global executive has refused to answer lawmakers' questions about $200 million that was transferred out of a customer account days before the firm collapsed, invoking her Fifth Amendment right against self-incrimination.

Clear Channel to delay inserting ads into iHeart

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Clear Channel CEO Bob Pittman says that the radio company will keep part of its iHeart Radio online service ad-free for at least a few more months, explaining that a consumer backlash against ads on Pandora Media Inc.'s competing service serves as a "cautionary tale."

APNewsBreak: New security for US troops

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U.S. troops in Afghanistan are being guarded more closely and are taking other steps to protect themselves from attacks by Afghan troops.

In Illinois, college can be a legislative favor

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Politicians love to talk about education. In Illinois, legislators go further and personally hand out college scholarships — sometimes to friends and political allies.

US asks Pope to help in Alan Gross case

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In this picture made available by the Vatican newspaper Osservatore Romano Pope Benedict XVI, right, meets with Fidel Castro in Havana, Cuba, Wednesday, March 28, 2012. (AP Photo/Osservatore Romano)The Obama administration said Wednesday it had asked Pope Benedict XVI to raise with Cuban officials the case of American contractor Alan Gross, jailed on suspicion of espionage.

NFL coaches speak on bounties

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New York Giants coach Tom Coughlin, left, gives an interview at the NFL owners meeting in Palm Beach, Fla., Wednesday, March 28, 2012. (AP Photo/Luis M. Alvarez)NFL coaches plan to go right at the league's most sensitive subject — bounties — when they get together with players next month.

Materials lead US stocks lower as commodities dip

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In a Feb. 8, 2012 photo Specialist Michael O'Mara, right, works on the floor of the New York Stock Exchange. U.S. stocks are opening mixed as traders wait for European leaders to hammer out a bailout deal for Greece. U.S. shares were poised for a flat opening Wednes day March 28, 2012 with both Dow futures and the S&P 500 futures up 0.1 percent. (AP Photo/Richard Drew)Materials and energy companies led U.S. stocks lower Wednesday as commodity prices fell sharply.

Cuban-American in emotional return to family home

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** CORRECTS PHOTO CREDIT **Cecilia Maria de las Mercedes Damau stands in front of her mother's childhood home in Havana, Cuba, Tuesday, March 27, 2012. Cecilia's mother fled Cuba in 1959 as a young girl, days after Fidel Castro and his fellow revolutionaries marched victoriously into Havana. The family never returned. Cecilia is one of more than 300 mostly Cuban-Americans on a pilgrimage to Cuba led by the Roman Catholic archbishop of Miami for Pope Benedict XVI's visit. (AP Photo/Laura Wides-Munoz)Cecilia Dalmau's mother made only one request before her daughter flew to Cuba for Pope Benedict XVI's visit: "I would love to see pictures from my childhood home."

Biden says Romney 'consistently wrong' on jobs

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Vice President Joe Biden said Wednesday that Republican presidential candidate Mitt Romney is "consistently wrong" on U.S. manufacturing, painting him as someone who doesn't believe the sector is crucial to future U.S. economic success and as a proponent of outsourcing.

Italy seizes $1.5 billion in Gadhafi family assets

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Italian tax police say they have seized €1.1 billion ($1.5 billion) in assets from the late Libyan leader Moammar Gadhafi's family and associates, including shares in Italy's biggest bank.

Judge to rule later on civil suit vs. Strauss-Kahn

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This combo made from file photos shows former IMF leader Dominique Strauss-Kahn on June 6, 2011, left, and Nafissatou Diallo on July 28, 2011, in New York. While Strauss-Kahn faces fresh charges in his native France amid a prostitution ring probe, a judge in New York may decide whether to allow a civil case against him filed by Diallo, the hotel maid who said he sexually assaulted her. The first hearing is likely to deal with complex laws that shield diplomats from prosecution and lawsuits in their host countries. (AP Photos)A judge says he won't rule immediately on whether to dismiss a hotel maid's lawsuit alleging that Dominique Strauss-Kahn sexually assaulted her in New York City.

Hearing starts on DSK's bid to get NY suit tossed

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This combo made from file photos shows former IMF leader Dominique Strauss-Kahn on June 6, 2011, left, and Nafissatou Diallo on July 28, 2011, in New York. While Strauss-Kahn faces fresh charges in his native France amid a prostitution ring probe, a judge in New York may decide whether to allow a civil case against him filed by Diallo, the hotel maid who said he sexually assaulted her. The first hearing is likely to deal with complex laws that shield diplomats from prosecution and lawsuits in their host countries. (AP Photos)Dominique Strauss-Kahn's lawyers tried to persuade a judge Wednesday to throw out a hotel maid's lawsuit against the former International Monetary Fund leader, arguing that he has diplomatic immunity from a civil case that stems from sexual assault allegations that were dropped in criminal court last year.

Trayvon Inc: Fla teen's case turns into brand

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FILE -In this Monday, March 26, 2012 file photo, Andre Parker, of Atlanta, wears a t-shirt in memory of Trayvon Martin, the unarmed 17-year-old who was killed by a Florida neighborhood watch captain while returning from a convenience store, during a rally outside the Georgia Capitol, in Atlanta. From the T-shirts and hoodie sales to pass-the-hat donations to trademarking slogans such as From the T-shirt and hoodie sales to trademarking slogans like "Justice for Trayvon" to the pass-the-hat rallies that bring in thousands, the case of an unarmed black teenager killed by a neighborhood watch volunteer is quickly turning into an Internet-fueled brand.

Boehner challenges Obama on missile defense remark

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House Speaker John Boehner has sent a letter to President Barack Obama questioning whether Obama is willing to make unilateral concessions to Russia on missile defense.

Pope draws huge crowd in Cuba, meets with Fidel Castro

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Pope Benedict XVI meets former Cuban leader Fidel Castro in HavanaHAVANA (Reuters) - Pope Benedict urged Cubans on Wednesday to search for "authentic freedom" and wound up his trip with a chat with the communist country's revolutionary icon Fidel Castro. The two octogenarians spoke for about a half an hour in the Vatican embassy after the pope celebrated an open-air mass for a crowd estimated by the Vatican at some 300,000 people in Havana's Revolution Square. Benedict, who said last week that communism no longer works in Cuba, pressed the government to let the Catholic Church teach religion in schools and universities. ...

Pope urges greater openings in vast Cuban Mass

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Pope Benedict XVI demanded more freedom for the Catholic Church in communist-run Cuba and preached against "fanaticism" in an unusually political sermon before hundreds of thousands at Revolution Plaza, with President Raul Castro in the front row.

London subway stops named for Owens, Lewis, Phelps

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FILE - In this July 29, 1996 file photo, gold medalist Carl Lewis reacts during the medal presentation ceremony for the men's long jump at the 1996 Summer Olympic Games in Atlanta. Hop on the Underground at Hop on the Underground at "Jesse Owens" station. After one stop change at "Carl Lewis." And then ride the Tube all the way to "Michael Phelps."

White House confident health reform 'constitutional'

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Two policemen guard outside the US Supreme CourtThe White House said Wednesday it was "confident" that President Barack Obama's sweeping health care reform was constitutional, as it faced a critical test at the US Supreme Court.

'The Avengers' to close Tribeca Film Festival

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In this film image released by Disney, Chris Evans, portraying Captain America, left, and Robert Downey Jr., portraying Tony Stark, are shown in a scene from The superhero bonanza "The Avengers" will close the 11th annual Tribeca Film Festival.

JetBlue suspends captain who disrupted flight

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Emergency workers tend to a JetBlue captain that had a A JetBlue captain who yelled about a bomb and urged passengers to pray on a Las Vegas-bound flight has been suspended, the airline said Wednesday.

Yahoo shareholder blasts company for board snub

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A major Yahoo shareholder passed over for a seat on the troubled Internet company's board is blasting the decision as "illogical."

Weary Venus Williams loses at Key Biscayne

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Venus Williams returns a shot from Agnieszka Radwanska, of Poland, during the Sony Ericsson Open tennis tournament, Wednesday, March 28, 2012, in Key Biscayne, Fla. (AP Photo/Wilfredo Lee)Venus Williams looked weary Wednesday after winning three consecutive three-set matches, and she lost to Agnieszka Radwanska in the quarterfinals of the Sony Ericsson Open, 6-4, 6-1.

White House: No contingency plans for health care

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CORRECTS DATE TO: WEDNESDAY, MARCH 28, 2012 - White House deputy press secretary Josh Earnest pauses during the daily news briefing at the White House in Washington, Wednesday, March, 28, 2012. (AP Photo/Pablo Martinez Monsivais)The White House says the Obama administration has devised no contingency plans in the event the Supreme Court holds any portion of the health care law unconstitutional.

The real da Vinci code: Louvre unlocks last work

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A man views the painting An intense and controversial restoration of the last great work by Leonardo da Vinci goes before the public Thursday at the Louvre Museum, revealing "The Virgin and Child with Saint Anne" in the full panoply of hues and detail painted by the Renaissance master 500 years ago.

Calif woman, 65, charged with assisting suicide

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A 65-year-old woman was arrested Wednesday on a felony charge alleging she helped a friend kill himself last year by mixing a lethal drug dose in his yogurt.

Arab summit to stop short of call for Assad ouster

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Iraq's Foreign Minister Hoshyar Mahmud Zebari attends a meeting of Arab foreign ministersThe Arab summit in Baghdad will steer clear of calls for Syrian President Bashar al-Assad to quit or for his foes to be armed, both divisive issues, Iraq's foreign minister said on Wednesday.

Radwanska downs Venus to reach Miami semis

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Agnieszka Radwanska of Poland in action during her match against Venus Williams of the USAPoland's Agnieszka Radwanska brought Venus Williams' comeback event to a halt on Wednesday, downing the American 6-4, 6-1 to reach the semi-finals of the Miami hardcourt tennis tournament.

Pope wraps Cuba visit with Mass, Fidel meeting

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In this picture made available by the Vatican newspaper Osservatore Romano Pope Benedict XVI meets with Fidel Castro in Havana, Wednesday, March 28, 2012. (AP Photo/Osservatore Romano)Pope Benedict XVI wraps up his visit to Cuba on Wednesday with an open-air Mass in the shrine of the Cuban revolution, hoping to revive the Catholic faith in this communist-run country. His other appointment: a meeting with Fidel Castro.

Witnesses complicate Corzine's testimony on money

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Witnesses close to MF Global's collapse are offering details about customer money that vanished days before the firm failed. Their testimony could challenge previous statements by former CEO Jon Corzine.

U.S. generals, Pakistan army chief meet on NATO skirmish

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Pakistani Army Chief General Kayani arrives to witness the joint military exercise between Pakistan and Saudi Arabia in ManglaISLAMABAD (Reuters) - The head of U.S. Central Command and the commander of NATO forces in Afghanistan met Pakistan's army chief on Wednesday in the first high-level military visit since a cross-border U.S. attack last November killed 24 Pakistani soldiers. Their talks, announced by the Pakistani military, took place a day after U.S. President Barack Obama met Pakistani Prime Minister Yusuf Raza Gilani in Seoul. He expressed hope that Pakistan's review of strained ties with Washington would respect U.S. security needs. ...

Supreme Court ends historic healthcare law arguments

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Anti-abortion protesters pray during legal arguments over the Patient Protection and Affordable Care Act at the Supreme Court in WashingtonWASHINGTON (Reuters) - The Supreme Court on Wednesday ended more than six hours of oral arguments over three days about whether President Barack Obama's signature healthcare law would survive constitutional scrutiny, setting up to deliver a ruling on its fate by late June. Over the past three days, the nine-member court delved into whether Congress exceeded its authority by requiring most Americans to obtain health insurance by 2014 or face a penalty, along with whether the entire wide-ranging law must be struck down if they found that critical provision to be invalid. ...

Gas leaks near flare as Total dismisses blast risk

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Total's Elgin platform in the North Sea is seen in this undated photograph received in LondonPARIS/LONDON (Reuters) - Explosive natural gas is leaking from Total's Elgin North Sea platform less than 100 meters from a flare which workers left burning as they evacuated the rig, the French energy company said on Wednesday. Total dismissed the risk of a blast at the platform, 240 km (150 miles) off the east coast of Scotland, and the British government said the flame had to remain burning to prevent excess gas pressure from building up. ...

Royal headache: Palace Road to close for Olympics

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FILE - In this Sunday, Jan. 29, 2012 photo, people jog down the Mall from Buckingham Palace in London. Women in bikinis are causing a diversion near Queen Elizabeth's house this summer. London transport officials say they will be shutting the Mall _ the main boulevard leading to the home of Queen Elizabeth II _ for three months starting in June because of the Olympics.Transport for London says the closure, to both cars and pedestrians, is needed so that Olympic organizers can build a stadium to hold the beach volleyball competition. The Mall is one of the city's most renowned roads, famous for its pigmented pavement meant to signify a red carpet rolling up to the doors of Buckingham Palace. Gilded carriages sparkle when set against the long and wide boulevard. On big occasions, its broad expanse is lined with flags, the blue and red Union flag offering a magnificent backdrop for pomp and circumstance. (AP Photo/Sang Tan, File)Women in bikinis will be causing a diversion near the queen's palace this summer.

Egypt's military generals defend their business

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FILE - In this Sunday, Feb. 20, 2011 file photo, An Egyptian army soldier stands alert in front of Cairo's stock market in Cairo, Egypt. The Egyptian military receives around $1 billion a year in U.S. aid, one of the largest recipients. But its budget is largely unknown. Under Mubarak and previous leaders, the budget was discussed in a secret panel in parliament, dominated by ruling party officials and loyalists. (AP Photo/Ahmed Ali, File)Egypt's ruling military council warned it will not allow civilians to encroach on the armed forces' extensive business enterprises in rare comments about its secretive economic interests in the face of increasing demands for public scrutiny.

Pope meets revolutionary icon Fidel Castro

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Pope Benedict XVI meeting with former Cuban leader Fidel Castro in HavanaPope Benedict XVI met Wednesday with Cuban revolutionary icon Fidel Castro on the last day of his trip to bolster the Roman Catholic church's ties with Cuba's Communist leaders.

Obama lawyer makes last pitch to save healthcare law

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WASHINGTON (Reuters) - In the final minutes of historic arguments over President Barack Obama's healthcare overhaul, U.S. Solicitor General Donald Verrilli, the Obama administration's top courtroom lawyer, made an impassioned plea on Wednesday for the Supreme Court to uphold the entire law. Congress had struggled for years to address the problems of millions of Americans without health insurance coverage and made a judgment that should be respected by the high court, Verrilli said on the last of three days of oral arguments that will decide the fate of the law. ...

Attorney seeks $4 million for 2 Va. Tech families

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Families awarded $4 million each in a wrongful death lawsuit over Virginia Tech's response to a 2007 massacre are seeking to circumvent a $100,000 cap on claims against the state, according to court filings.

Bahrain reassures F1 teams, fans of safety

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In this photo taken March 24, 2011, a Bahraini anti-government protester runs for cover during clashes with security forces in Sitra, Bahrain, during a demonstration against holding the April 22 Grand Prix in Bahrain, with a wall covered with anti-government graffiti and fliers opposing holding the race in Bahrain. The chief executive of the Bahrain International Circuit Sheik Salman bin Isa Al-Khalifa said Wednesday March 28, 2012, that All measures will be taken to ensure the safety of Formula One teams and fans during the grand prix in Bahrain next month, the chief executive of the Bahrain International Circuit said Wednesday.

Health care arguments: Can any portion survive?

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Susan Clark of Santa Monica, Calif., who opposes health care reform, stands with a red hand painted over her mouth to represent what she said is socialism taking away her choices and rights, in front of the Supreme Court in Washington, Wednesday, March 28, 2012, on the final day of arguments regarding the health care law signed by President Barack Obama. (AP Photo/Charles Dharapak)The Supreme Court signaled Wednesday that it could throw out other key parts of President Barack Obama's health care law if it first finds the individual insurance requirement unconstitutional.

Organic pasta maker Annie's shares soar in debut

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This undated product illustration provided by Haberman shows boxes of Annie's pasta. Investors are gobbling up shares of pasta maker Annie's Inc., the latest sign of the pull of natural and organic foods for consumers. The initial public offering raised $95 million, with 5 million shares pricing at $19 late Tuesday, March 27, 2012. (AP Photo/Haberman)Investors are gobbling up shares of pasta maker Annie's Inc., the latest sign of the pull of natural and organic foods for consumers.
Posted by Harshad at 1:22 PM

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