Wednesday, April 18, 2012

Roche to end bid to buy diagnostics firm Illumina

Roche to end bid to buy diagnostics firm Illumina


Roche to end bid to buy diagnostics firm Illumina

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Swiss drugmaker Roche Holding AG will end its offer to acquire U.S. diagnostics firm Illumina Inc. for about $6.5 billion after forecasting that Illumina shareholders will reject its dissident slate of directors.

America's New Year's host Dick Clark dead at 82

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FILE - In this undated file photo released by ABC, Dick Clark hosts the New Year's eve special from New York's Times Square. Clark, the television host who helped bring rock `n' roll into the mainstream on Dick Clark, the ever-youthful television host and tireless entrepreneur who helped bring rock 'n' roll into the mainstream on "American Bandstand," and later produced and hosted a vast range of programming from game shows to the New Year's Eve countdown from Times Square, has died. He was 82.


U.S. signals comfort with IMF bid for more funds

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Timothy Geithner arrives for the start of a meeting of the Financial Stability Oversite Council in WashingtonWASHINGTON (Reuters) - The United States on Wednesday threw its support behind a bid to boost the International Monetary Fund's financial resources, signaling greater satisfaction among Group of 20 nations with Europe's efforts to resolve its debt crisis. The U.S. government will not chip in more money of its own, but warm words from Treasury Secretary Timothy Geithner for commitments by others may clear a path for G20 nations meeting this week in Washington to agree on a way to bolster the IMF's war chest. ...


South Yemen violence kills 2 children, 6 militants

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Al-Qaida-linked militants fired mortars into a southern Yemeni town, killing two children, while government air raids killed six militants in another part of the town Wednesday, the Defense Ministry said.

Sex offender returning for competency hearing

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A convicted sex offender who faces nearly two dozen counts of rape and assault in Utah — but remains free under a legal loophole — is still incompetent to stand trial and may never be fit enough to face the charges, two doctors testified Wednesday.

Recruitment ads by for-profit colleges targeted

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FILE - In this Nov 24, 2009 file photo, a University of Phoenix billboard is shown in Chandler, Ariz. Two senators say for-profit colleges are using too much taxpayer money to recruit students. Sen. Tom Harkin, D-Iowa, and Sn. Kay Hagan, D-N.C., introduced a bill Wednesday to prohibit colleges of all kinds from using dollars from federal student assistance programs to pay for advertising. (AP Photo/Matt York, File)Where do for-profit colleges get the money they spend on all those highway billboards and television and radio ads?


Drogba scores to lead Chelsea over Barca 1-0

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Chelsea's Didier Drogba, right, scores a goal against Barcelona during their Champions League semifinal first leg soccer match at Chelsea's Stamford Bridge stadium in London,Wednesday, April 18, 2012. (AP Photo/PA, Rebecca Naden) UNITED KINGDOM OUT, NO SALES, NO ARCHIVE, NO INTERNET/MOBILE USAGE WITHOUT FAPL LICENCE - SEE IPTC SPECIAL INSTRUCTIONS FIELD FOR DETAILSDidier Drogba scored in the second minute of first-half stoppage time, and Chelsea held on to beat defending champion Barcelona 1-0 Wednesday night in the first leg of the Champions League semifinals.


Shortages could slow down US auto production

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FILE - In this Nov. 3, 2011, file photo, General Motors employees work on a van assembly line at GM's plant in Wentzville, Mo. The U.S. auto industry, already stretched to meet growing car and truck sales, faces parts shortages that could limit the number of new vehicles in showrooms later this year and crimp a historic turnaround. The most immediate problem, the shortage of a crucial plastic resin, could surface in few weeks. And later in the year, automakers could face an even bigger crisis, running short of parts simply because there aren't enough factories and people left to make them. (AP Photo/Jeff Roberson, File)The U.S. auto industry is facing two serious problems that could limit the number of new vehicles in showrooms later this year.


Judge in US teen death case recuses herself

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George Zimmerman, accused of murdering an unarmed black teenager, appears for a bond hearing on April 12The judge in the US trial of a man charged with murder over the controversial killing of an unarmed black teen announced Wednesday she would recuse herself, requiring a new judge to be assigned.


49ers Baalke still considers Gregg Williams friend

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Apparently, there are no hard feelings on 49ers general manager Trent Baalke's part regarding the Saints' targeting of San Francisco players in their bounty program.

Calif. Lt. Gov. Gavin Newsom gets Current TV gig

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California Lt. Gov. Gavin Newsom is getting a new platform for sharing his made-in-San Francisco values — a national cable television talk show.

Inflation poses big problems for small businesses

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Bill Reeder, president of Campus Cooks, meets with staff members Liz O'Malley, and Dan Hellweg Wednesday, April 18, 2012, in Glenview, Ill. The cost of many goods and services that small companies need has gone up sharply the last two years. Many companies have to adjust the way they work because they canít or donít want to pass their higher costs on to customers. (AP Photo/M. Spencer Green)Don't be misled by reports that inflation is tame. For small business owners, it's a threat to profits and expansion plans.


House OKs oil pipeline in transport extension

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WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday approved a plan to fast-track the Keystone XL oil pipeline project as part of another 90-day extension of federal transportation funding. The 293-127 bipartisan vote allows Republican House Speaker John Boehner to begin negotiations with Senate Democrats over a longer-term funding measure for road, rail and bridge projects. ...

ICC prosecutor in Libya over case of Gadhafi son

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Libya insisted Wednesday it will put a son of deposed ruler Moammar Gadhafi on trial itself, just as the chief prosecutor of the International Criminal Court flew to Tripoli to look into his case and that of Gadhafi's notorious spy chief.

London celebrates 100-day countdown to Olympics

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The 100-days milestone is being marked with a series of events in Britain and around the worldLondon Olympic organisers said there is now a real buzz about the 2012 Games as they started the 100-day countdown on Wednesday by unveiling its 'Inspire a generation' motto.


Texas nurse shoots mother, steals newborn

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A Texas nurse has been charged with murder for shooting a young mother and kidnapping her three-day-old baby outside a pediatrician's office, officials said Wednesday.

House highway bill is prelude to talks with Senate

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The House has passed legislation aimed at keeping alive prospects for a long-term transportation plan that would provide highway and transit aid to states this year.

Error renews questions about Indianapolis police

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Mary Mills, middle, responds to a question during a news conference Wednesday, April 18, 2012, in Indianapolis. Mills attorneys, Mark Ladendorf, left, and Bruce Kehoe, listen during news conference. Survivors and family members say the latest blunder in the case of a fatal crash involving an Indianapolis police officer reinforces their suspicions of corruption in the department. (AP Photo/Darron Cummings)A fresh revelation about the mishandling of evidence in a fatal crash involving an Indianapolis police officer has renewed suspicions about a possible cover-up as well as concerns about a culture of corruption with the department.


Ad Watch: Spot claims Romney win is voters' loss

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney shakes hands with supporters during a campaign stop in Charlotte, N.C., Wednesday, April 18, 2012. (AP Photo/Jae C. Hong)TITLE: "World View."


Body found might be Marine's wife; woman arrested

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This image provided by the San Diego County Sheriff's Department shows Brittany Dawn Killgore who was reported missing Saturday, April 14, 2012. Killgore, 22, was last seen on Friday and her cellphone was found Saturday in San Diego's Gaslamp District. Sheriff's deputies in San Diego County are searching for a Kilgore, and say it is likely foul play is involved. (AP Photo/San Diego County Sheriff's Department)A Camp Pendleton Marine being investigated in the disappearance of the wife of another Marine was scheduled to be arraigned on a separate weapons charge Wednesday.


News Corp suspends some non-US stock voting rights

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News Corp., the owner of the Fox television network, said Wednesday that it suspended the voting rights of some stock owned by foreigners to comply with a U.S. law that restricts the foreign ownership of broadcast licenses.

Author faces civil suit over 'Three Cups of Tea'

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FILE - This undated photo provided by New Mark Communications via the St. Paul Pioneer Press shows Greg Mortenson, founder of the Central Asia Institute, a Montana-based organization which builds schools for girls in remote tribal areas of Pakistan and Afghanistan. After striking a $1 million deal that settles allegations that Mortenson mismanaged his charity, attention now turns to accusations that the author and humanitarian fabricated parts of his best-selling books After making a $1 million deal to settle allegations that he misused his charity's money and resources, author Greg Mortenson now must face accusations that he fabricated parts of his best-selling books "Three Cups of Tea" and "Stones Into Schools."


EBay posts higher 1Q net income and revenue

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EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's stock higher in after-hours trading.

Legendary US TV host Dick Clark dies at 82

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Dick Clark, pictured in 2003, died of a heart attack Wednesday at age 82Legendary US television presenter and producer Dick Clark, known for introducing rock and roll music to millions of Americans, died of a heart attack Wednesday at age 82, his family said.


Review: Baseball scores big with At Bat mobile app

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Baseball is back, which means die-hard fans like me are hungry for updates and highlights when we're not near our televisions or computers.

AP Interview: Le Pen defends anti-Islam fight

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French far-right leader and National Front Party candidate for the 2012 French presidential elections, Marine Le Pen during an interview with The Associated Press at the party headquarters in Nanterre, outside Paris, Wednesday, April 18, 2012. The presidential elections will take place on April 22 and May 6, 2012. (AP Photo/Jacques Brinon)She calls herself the "voice of the people," the anti-system candidate who will ensure social justice for the have-nots and purify a France she says is losing its voice to Europe and threatened by massive immigration and rampant Islamization.


Obama critiques Romney on taxes in Ohio

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US President Barack Obama speaks at a community college in OhioUS President Barack Obama on Wednesday fired the opening shot in a battle with his Republican foe Mitt Romney, for the critical general election swing-state of Ohio.


Iowa mom blames gay teen son's suicide on bullying

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The mother of a gay Iowa high school freshman who killed himself last weekend said she knew her son was being harassed but that she and the rest of the family didn't realize the extent of the bullying.

Airport stripper says he was 'nude but not lewd'

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John E. Brennan poses for a photo at his Portland, Ore., home Wednesday, April 18, 2012. Port of Portland police say Brennan, 49, stripped naked at Portland International Airport Tuesday as a protest against airport security screeners. The incident report said Brennan's actions Tuesday evening caused some passengers to cover their eyes and their children's eyes while others looked, laughed and took photos. (AP Photo/Don Ryan)An Oregon man who stripped naked at Portland International Airport as a protest against airport security screeners says he was being "nude but not lewd," and characterized his act of defiance as protected political speech.


Europe weighs heavily on US stock market

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Specialist Dermot Bermingham, second left, and trader Thomas Kay, foreground right, work on the floor of the New York Stock Exchange Tuesday, April 17, 2012. Wall Street appeared set for a session of negative trade Wednesday April 18, 2012, a day after registering its strongest gains in a month. (AP Photo/Richard Drew)It hardly needed it, but the U.S. stock market on Wednesday got another reminder of how its fortunes are inexorably tied to the European economy.


UN monitors flee Syrian protest after gunfire

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In this citizen journalism image provided by the Local Coordination Committees in Syria and accessed on Tuesday, April 17, 2012, A Syrian government solider stands near a machine gun inside a building in Daraa, Syria. Activists say Syrian government forces are pounding a rebel stronghold with mortar fire, violating a week-old cease-fire the international community is reluctant to declare dead despite ongoing violence. (AP Photo/Local Coordination Committees in Syria)Syrian security forces opened fire Wednesday on anti-regime demonstrators surrounding the cars of a U.N. team meant to monitor a shaky cease-fire, sending the observers speeding off and protesters dashing for cover, according to activists and amateur videos.


Recruitment by for-profit colleges targeted

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FILE - In this Nov 24, 2009 file photo, a University of Phoenix billboard is shown in Chandler, Ariz. Two senators say for-profit colleges are using too much taxpayer money to recruit students. Sen. Tom Harkin, D-Iowa, and Sn. Kay Hagan, D-N.C., introduced a bill Wednesday to prohibit colleges of all kinds from using dollars from federal student assistance programs to pay for advertising. (AP Photo/Matt York, File)Ever wonder where for-profit colleges get the money they spend on all those high billboards and television and radio ads?


Colts keep quiet but make decision on No 1 pick

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The Indianapolis Colts have decided who to take with the No. 1 draft pick.

Google CEO Page gets grilled in Oracle trial

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Oracle CEO Larry Ellison arrives for a court appearance at a federal building in San Francisco, Tuesday, April 17, 2012. Oracle intends to rely heavily on Google's own internal emails to prove Google's top executives knew they were stealing a popular piece of technology to build the Android software that now powers more than 300 million smartphones and tablet computers. (AP Photo/Paul Sakuma)Google CEO Larry Page spent nearly an hour in a federal courtroom Wednesday deflecting questions about his role in a copyright dispute over some of the technology in his company's Android software for smartphones.


Keystone pipeline "rodeo" rides again in U.S. House

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Handout photograph shows the Keystone Oil Pipeline is pictured under construction in North DakotaWASHINGTON (Reuters) - The U.S. House of Representatives is scheduled to vote on the Keystone XL oil pipeline from Canada for the fourth time in two years on Wednesday, but the Nebraska Republican who has championed the project knows it well may not be the last. The pipeline, put on hold by President Barack Obama earlier this year, has become an outsized political symbol heading into the November elections as Republicans use it to attack Obama's economic and energy policies. "I've been through the Keystone rodeo before," said U.S. ...


Lawsuit claims 'Bachelor' show discriminates

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Two black men are taking "The Bachelor" and "The Bachelorette" to court with a lawsuit that claims the reality shows are blocking contestants of color from starring roles.

Feds soften rule on oversight of complex markets

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Federal regulators are softening a plan to oversee companies that trade financial derivatives, the complex investments that played a central role in the 2008 financial crisis.

'American Bandstand' host Dick Clark has died

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FILE - In this undated file photo released by ABC, Dick Clark hosts the New Year's eve special from New York's Times Square. Clark, the television host who helped bring rock `n' roll into the mainstream on Dick Clark, the ever-youthful television host and tireless entrepreneur who helped bring rock 'n' roll into the mainstream on "American Bandstand," and later produced and hosted a vast range of programming from game shows to the year-end countdown from Times Square on "New Year's Rockin' Eve," has died. He was 82.


Summitt steps aside, Warlick new Tennessee coach

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FILE - In this March 25, 2011, file photo, Tennessee head coach Pat Summitt watches practice for an NCAA women's college basketball tournament regional semifinal, n Dayton, Ohio. Summitt, the sport's winningest coach, is stepping aside as Tennessee's women's basketball coach and taking the title of Pat Summitt, the winningest coach in college basketball history, is stepping down from her position with the Tennessee Lady Vols, less than eight months after revealing she had early onset dementia.


BP proposes Gulf spill accord terms, trial delay

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Oil is burned off the surface of the water near the source of the Deepwater Horizon spill in the Gulf of Mexico off the coast of Louisiana(Reuters) - BP Plc reached settlements to resolve billions of dollars of claims from the 2010 Gulf of Mexico oil spill, and asked a U.S. judge for a long delay in any trial over remaining disputes stemming from the disaster. The London-based oil company expects under Wednesday's agreements to pay $7.8 billion (4.8 billion pounds) to resolve economic, property and medical claims by more than 100,000 individuals and businesses. That payout would make the accord one of the largest class-action settlements in U.S. history. ...


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