Monday, April 16, 2012

Spain's bond yields jump as bailout fears grow

Spain's bond yields jump as bailout fears grow


Spain's bond yields jump as bailout fears grow

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In this photo taken Saturday, April 14, a woman walks past a closed store in Madrid, Spain, Saturday, April 14, 2012. Spain is the latest country in the hot seat of the eurozone debt crisis, and the stakes are huge if it goes crash-and-burn. Investor wariness of Spanish paper as an investment tool has shot up over the past month, rattling a conservative government that has been in power only three months and is passing reform after reform as it tries to rescue a shrinking economy saddled with 23 percent unemployment. (AP Photo/Alberto Di Lolli)The interest rate on Spanish government bonds rose sharply on Monday, a sign that investors are becoming more worried about the country's ability to afford mounting debts as its economy shrinks.


Tour manager may be key to stage collapse lawsuits

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Sugarland's tour manager has become the focus of lawyers seeking millions in damages for the families of seven people who died and dozens who were injured in a deadly stage collapse at the 2011 Indiana State Fair.

US economic outlook brightens as retail sales rise

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FILE - In this March 12, 2012 file photo, a shopper carries bags of merchandise in Freeport, Maine. U.S. retail sales rose at a solid pace in March 2012, as a healthier job market encouraged more consumers to shop, the Commerce Department said Monday, April 16, 2012. (AP Photo/Pat Wellenbach, File)Americans bought more electronics, started home improvement projects and updated their wardrobes last month, inspired by warmer weather and a healthier job market.


'GMA' poised to snap long 'Today' winning streak

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In this April 11, 2012 photo released by ABC, host Robin Roberts, left, speaks with TV personality Sherri Shepherd and her dance partner Val Chmerkovskiy after they were eliminated from the celebrity dance competition series The 16-year ratings dominance of NBC's "Today" show, one of television's most epic streaks, has apparently ended.


The late Manning Marable wins history Pulitzer

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In this Sept. 27, 2004 photo released by Harvard University via W.W. Norton, Stephen Greenblatt author of The late Manning Marable won the Pulitzer Prize for history Monday, honored for a Malcolm X book he worked on for decades, but did not live to see published. For the first time in 35 years, no fiction prize was given.


Witness: Berlusconi guests dressed as nuns

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A model testified Monday that female guests at Silvio Berlusconi's "bunga bunga" parties dressed up like nuns in the "Sister Act" musical, then stripped to their underwear.

Despite Obama charm, Americas summit boosts U.S. isolation

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U.S. President Obama speaks during a joint news conference with Colombia's President Santos after their meeting at Casa de Huespedes during the Summit of the Americas in CartagenaCARTAGENA, Colombia (Reuters) - President Barack Obama patiently sat through diatribes, interruptions and even the occasional eye-ball roll at the weekend Summit of the Americas in an effort to win over Latin American leaders fed up with U.S. policies. He failed. The United States instead emerged from the summit in Colombia increasingly isolated as nearly 30 regional heads of state refused to sign a joint declaration in protest against the continued exclusion of communist-led Cuba from the event. ...


Kenya's Wesley Korir, Cherop win Boston Marathon

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Kenya's Wesley Korir, top, and compatriot Sharon Cherop, bottom, are shown winning the men's and women's divisions of the 116th Boston Marathon in Boston, Monday, April 16, 2012. Korir finished in 2 hours, 12 minutes, 40 seconds. Cherop finished in 2 hours, 31 minutes, 50 seconds. (AP Photo/Charles Krupa)Trailing the leaders by 200 yards when the Boston Marathon slogged through Heartbreak Hill, Wesley Korir passed them one by one until he took the lead on his way out of Kenmore Square.


Latest NFL concussion suit cites Saints' bounties

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Four former players have filed the latest lawsuit claiming the NFL didn't properly protect its players from concussions, citing the bounties paid to New Orleans Saints players for hard hits as just the most recent evidence of the league's violent culture.

World Bank picks health expert Kim as president

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Jim Yong Kim, the U.S. nominee for the next World Bank president, leaves Finance Ministry after meeting in TokyoWASHINGTON (Reuters) - The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip on the job and leaving developing countries questioning the selection process. Kim, 52, won the job over Nigeria's widely respected finance minister Ngozi Okonjo-Iweala, with the support of Washington's allies in Western Europe, Japan and Canada. Unlike previous World Bank elections, the decision among the 25-member board was not unanimous. ...


World Bank picks Korean-American Kim as president

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Jim Yong Kim is seen flanked by Secretary of State Hillary Clinton and US President Barack ObamaThe World Bank chose Korean-American physician Jim Yong Kim as its next chief Monday in a decision that surprised few despite the first-ever challenge to the US lock on the Bank's presidency.


Drought sparks water dispute with Texas, Mexico

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In this April 13, 2012 photo, farmer Jerry Rogers talks in his alfalfa field in Clint, Texas. An early springtime release of water to farmers on both sides of the river requested by Mexico and opposed by Texans has caused farmers to fear water shortages during the summer. (AP Photo/Juan Carlos Llorca)Melted snow providing water for irrigation had barely begun burbling down a bone-dry Rio Grande toward a thin 4-mile-wide strip of farmland straddling the U.S.-Mexico border when a war of words erupted.


AFP, Huffington Post, Politico win Pulitzers

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Tarana (R), 12, reacts while surrounded by the bodies of men, women and children after a suicide bomber attacked KabulAgence France-Presse, the online news site Huffington Post and the Washington politics website Politico each won their first Pulitzer Prizes in awards announced Monday.


Aging transit systems grapple with repair backlog

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In this photo taken, Wednesday, Aril 11, 2012, Federal Transit Administrator Peter Rogoff, right, and Bay Area Rapid Transit (BART) General Manager Grace Crunican walk through a work area during a tour of the BART Maintenance Yard in Hayward, Calif. Driven by high gas prices and an uncertain economy, Americans are turning to trains and buses to get around in greater numbers than ever before. The aging trains and buses they're riding, however, face an $80 billion maintenance backlog that jeopardizes service just when it's most in demand. (AP Photo/Jeff Chiu)Driven by high gas prices and an uncertain economy, Americans are turning to trains and buses to get around in greater numbers than ever before. But the aging transit systems they're riding face an $80 billion maintenance backlog that jeopardizes service just when it's most in demand.


Insight: "Made in Japan" engineers find second life in China

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To match Insight CHINA-JAPAN/TECHNOLOGYDONGGUAN, China (Reuters) - Their technical skills helped Japan's corporate giants sweep all before them in the 1980s, and now thousands of ageing Japanese engineers are finding a new lease of life in booming China. "My profession is going out of business in Japan," said 59-year-old Masayuki Aida, who made moulds for a Tokyo-based firm for 30 years but has spent most of his 50s in Dongguan, a gritty manufacturing hub in southern China's Pearl River Delta. ...


Quiara Alegria Hudes wins Pulitzer Prize for drama

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In this undated image released by Columbia University, playwright Quiara Alegria Hudes is shown. Hudes was awarded the 2012 Pulitzer Prize for Drama, announced in New York, Monday, April 16, 2012. (AP Photo/Columbia University)Quiara Alegria Hudes's play "Water by the Spoonful," about an Iraq war veteran struggling to find his place in the world, has won the 2012 Pulitzer Prize for drama.


Stocks end mixed; Apple hurts Nasdaq

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Traders work on the floor of the New York Stock Exchange, Monday, April 16, 2012, in New York. The Dow Jones industrial average rose but other stock indexes fell early Monday as a strong report on retail sales didn't dispel worries about the economy. (AP Photo/Richard Drew)Stock indexes are finishing the day in different directions.


Oil prices fall on easing tensions over Iran

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An important oil price benchmark dropped nearly 3 percent Monday as tensions eased over Iran's nuclear program.

Man linked to 'Anonymous' pleads not guilty

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An Ohio man linked to the hacker collective "Anonymous" pleaded not guilty Monday to charges of breaching the websites of the Utah Chiefs of Police Association and the Salt Lake City Police Department.

2012 Pulitzer winners in journalism and arts

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The 2012 Pulitzer Prize winners and finalists, with comments from judges:

Karzai says NATO failed as 18-hour Kabul attack ends

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Afghan policemen take position at the site of an attack in KabulKABUL (Reuters) - Afghan President Hamid Karzai said on Monday that a coordinated Taliban attack showed a "failure" by Afghan intelligence and especially by NATO, as heavy street fighting between insurgents and security forces came to an end after 18 hours. Battles which broke out at midday on Sunday gripped the city's central districts through the night, with large explosions and gunfire lighting up alleys and streets. ...


15 arrests in international online drug probe

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A sophisticated online drug marketplace that sold everything from marijuana to mescaline to some 3,000 people around the world has been cracked with the arrests of 15 people in several countries, U.S. authorities announced Monday.

AP wins Pulitzer for stories on NYPD spying

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Executive Associated Press Editor Kathleen Carroll, left, applauds as Associated Press reporter Adam Goldman, center, is hugged after winning the Pulitzer Prize for Investigative Reporting with three colleagues, Monday, April 16, 2012 in New York. They revealed a secret New York Police Department program that spied on Muslim neighborhoods. (AP Photo/Mark Lennihan)The Associated Press won a Pulitzer Prize for investigative reporting Monday for documenting the New York Police Department's widespread spying on Muslims, while The Philadelphia Inquirer was honored in the public service category for its examination of violence in the city's schools.


Boy to school officials: Mom, sister dead at home

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Las Vegas Metro police officer Jacinto Rivera ducks under crime scene tape outside a home where two bodies and an injured man were, Monday, April 16, 2012, in Las Vegas. Police are questioning a man covered in blood at the home where a 9-year-old boy told school officials his mother and sister were dead. (AP Photo/Julie Jacobson)A 9-year-old boy arrived at school Monday with a grisly story: His mother and sister were dead at their home four blocks away.


AFP photographer wins agency's first Pulitzer

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AFP photographer Massoud Hossani is seen in Kabul in 2011Agence France-Presse won its first Pulitzer Prize on Monday as Afghan photographer Massoud Hossaini scooped up the honor in breaking news photography.


NBA awards 2014 All-Star game to New Orleans

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New Orleans Saints owner Tom Benson yells out after an NBA basketball game between the Hornets and the Memphis Grizzlies in New Orleans, Sunday, April 15, 2012. The Hornets won 88-75. At right is his wife, Gayle Benson. Benson has reached an agreement to buy the Hornets from the NBA. (AP Photo/Gerald Herbert)The NBA awarded New Orleans the 2014 All-Star game now that Saints owner Tom Benson has agreed to buy the Hornets and sign a lease extension at New Orleans Arena.


Pitino's son replacing Isiah Thomas as FIU coach

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Richard Pitino has been hired to replace Isiah Thomas at Florida International, signing a five-year contract Monday afternoon to take over a program that has not posted a winning season in 12 years.

Union Rags replaces Hansen atop AP's Derby Top 10

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Hansen blue his chance to be a Kentucky Derby favorite. He finished second in the Blue Grass Stakes after a daylong art project in which the near-white colt's tail was dyed blue, only to be rinsed off before the race.

Karzai accuses NATO of failure over attacks

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Afghan policemen are mirrored in glass from a broken window as they stand guardAfghan President Hamid Karzai Monday blamed intelligence failures, particularly on the part of NATO forces, for the biggest coordinated militant attacks on Kabul in 10 years of war.


AP source: Brees, Fujita, Smith meet with NFL

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New Orleans Saints football quarterback Drew Brees speaks at a news conference for his charity golf tournament Tuesday, April 10, 2012, in Carlsbad, Calif. (AP Photo/Gregory Bull)Saints quarterback Drew Brees, former New Orleans linebacker Scott Fujita and players union head DeMaurice Smith were at the NFL offices Monday discussing the team's bounty program.


UN's Ban: Syria must allow observers full access

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Moroccan Col. Ahmed Himmiche, foreground, is flanked by other U.N. observers as he talks to journalists before leaving the Sheraton Hotel in Damascus, Syria, Monday, April 16, 2012. An advance team of U.N. observers on Monday was working out with Syrian officials the ground rules for monitoring the country's 5-day old cease-fire, which appeared to be rapidly unraveling as regime forces pounded the opposition stronghold of Homs with artillery shells and mortars, activists said. (AP Photo/Bassem Tellawi)U.N. Secretary-General Ban Ki-moon said Monday the Syrian government is responsible for guaranteeing U.N. observers full freedom of movement to monitor the country's tenuous cease-fire, which appeared to be unraveling as regime forces pounded the opposition stronghold of Homs, activists said.


8 arrests in international online narcotics market

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A sophisticated online drug marketplace that sold everything from marijuana to mescaline to some 3,000 people around the world has been cracked with the arrests of 15 people in several countries, U.S. authorities announced Monday.

US prepares for last major Afghan offensive

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For Taliban militants and U.S. strategists alike, all roads in this impoverished country of mountain passes, arid deserts and nearly impassable goat tracks lead to this ancient capital of 3 million people nestled in a high and narrow valley.

Beyond drowsy, too little sleep ups diabetes risk

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More people pull the night shift. Teens text past midnight and stumble to class at dawn. Travelers pack red-eye flights.

Top House tax-writer open to Romney ideas on taxes

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The House's top tax writer said Monday that he will listen to Mitt Romney's proposals for limiting tax breaks for the wealthy, but did not commit himself to adopting plans offered by the likely Republican presidential nominee.

Manning goes to work with his new team

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Denver Broncos quarterback Peyton Manning scratches his neck at a news conference at the NFL team's football headquarters in Englewood, Colo., on Monday, April 16, 2012. Manning soke to reporters after working out with the team. (AP Photo/Ed Andrieski)Peyton Manning says he's pleased with the first day of offseason workouts with his new teammates on the Denver Broncos.


Guillen returns from suspension Tuesday

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Miami Marlins manager Ozzie Guillen gestures during at a news conference at Marlins Stadium in Miami, Tuesday April 10, 2012. Guillen has been suspended for five games because of his comments about Fidel Castro. He has again apologized and says he accepts the punishment. (AP Photo/Lynne Sladky)Miami Marlins broadcaster Cookie Rojas is a baseball lifer who has seen Ozzie Guillen backpedal before from outlandish statements that provoked outrage.


Judges, journalists clash over courtroom tweets

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Getting news from a big trial once took days, moving at the speed of a carrier pigeon or an express pony. The telegraph and telephone cut that time dramatically, as did live television broadcasts.

Bonds given extension to May 4 in appeal

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Barry Bonds has been given an extension until May 4 to file written arguments in his appeal to overturn his obstruction of justice conviction.

Pakistan doctors fight to save life of baby with six legs

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Doctors in Pakistan are fighting to save the life of a baby boy born with six legs because of a rare genetic conditionDoctors in Pakistan are fighting to save the life of a baby boy born with six legs because of a rare genetic condition, hospital officials said Monday.


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