Friday, December 2, 2011

End of the line for Cain? Announcement Saturday (AP)

End of the line for Cain? Announcement Saturday (AP)

End of the line for Cain? Announcement Saturday (AP)

Posted: 02 Dec 2011 01:11 PM PST

Republican presidential candidate Herman Cain speaks to supporters at The Magnolia Room at Laurel Creek, Friday, Dec. 2, 2011, in Rock Hill , S.C. (AP Photo/ Richard Shiro)AP - His once-surging presidential campaign all but over, Herman Cain told supporters Friday he would make an announcement Saturday about the future of his Republican White House bid.

Unemployment rate drops to lowest since 2009 (AP)

Posted: 02 Dec 2011 01:11 PM PST

FILE - In this Nov. 14, 2011 file photo, job seekers line up to speak to recruiters during a career expo in Las Colinas, Texas. The unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. (AP Photo/LM Otero, File)AP - The unemployment rate, which has refused to budge from the 9 percent neighborhood for two and a half frustrating years, suddenly dropped in November, driven in part by small businesses that finally see reason to hope and hire.

Ultraconservative Islamists make gains in Egypt (AP)

Posted: 02 Dec 2011 01:22 PM PST

Protesters chant slogans during a protest in Tahrir Square, in Cairo, Egypt, Friday, Dec. 2, 2011. Islamists appear to have taken a strong majority of seats in the first round of Egypt's first parliamentary vote since Hosni Mubarak's ouster, a trend that if confirmed would give religious parties a popular mandate in the struggle to win control from the ruling military and ultimately reshape a key U.S. ally. (AP Photo/Khalil Hamra)AP - Egypt's ultraconservative Islamist party said Friday it plans to push for a stricter religious code in Egypt after claiming surprisingly strong gains in this week's initial round of voting for parliament, the first elections since Hosni Mubarak's ouster.

Official: Green Zone bombing was targeting Iraq PM (AP)

Posted: 02 Dec 2011 01:14 PM PST

Children are silhouetted as they play in a park across from the Green Zone on the Tigris River in Baghdad December 2, 2011. The last 13,000 U.S. troops will pull out of Iraq by the end of the year. REUTERS/Shannon Stapleton (IRAQ - Tags: MILITARY CONFLICT SOCIETY)AP - An explosion earlier this week in the Green Zone, a protected area in the center of the Iraqi capital, was an assassination attempt against the Iraqi prime minister, an Iraqi spokesman said.

Icon of US military now in Iraqi hands (AP)

Posted: 02 Dec 2011 09:17 AM PST

U.S. soldiers leaving Al Faw palace at Camp Victory, one of the last American bases in this country where the U.S. military footprint is swiftly shrinking, after a special ceremony in Baghdad, Iraq, Thursday, Dec. 1, 2011. Vice President Joe Biden thanked U.S. and Iraqi troops for sacrifices that he said allowed for the end of the nearly nine-year-long war, even as attacks around the country killed 20 people, underscoring the security challenges Iraq still faces. (AP Photo/Khalid Mohammed)AP - Inside palace walls built by Saddam Hussein, U.S. generals plotted the war's course, tracked the mounting death toll and swore in new American citizens under gaudy glass chandeliers.

UK media inquiry a lesson in tabloid skullduggery (AP)

Posted: 02 Dec 2011 07:39 AM PST

FILE - British singer Charlotte Church arrives at an awards ceremony in central London, in this Monday Oct. 25, 2010 file photo. Church told Britain's media ethics inquiry Monday Nov. 28 2011 that persistent press lies about her had blown her credibility 'to bits' and badly damaged her career. She also said Monday that press intrusion had a devastating impact on her family life and particularly on her mother, who she said had tried to kill herself in part because she knew a newspaper article would detail her husband's extramarital affair.(AP Photo/Joel Ryan, file)AP - Hacking into celebrity phones was just the tip of the iceberg.

NH man sentenced in mentally ill wife's death (AP)

Posted: 02 Dec 2011 11:52 AM PST

FILE - In this Nov. 10, 2010 file photo, Christopher Smeltzer arrives for arraignment in District Court in Candia, N.H. on a charge he beat his wife to death. In October 2011, Smeltzer pleaded guilty to killing her. He faces 15 to 30 years in prison when sentenced Friday, Dec. 2, 2011 in Rockingham Superior Court in Brentwood, N.H. (AP Photo/Jim Cole, File)AP - A New Hampshire man was sentenced Friday to 15 to 30 years in prison for beating his mentally ill wife to death with a flashlight after he came home to find she had strangled their 4-year-old son with a ribbon and tried to kill their 7-year-old daughter.

House panel votes to subpoena Corzine on MF Global (AP)

Posted: 02 Dec 2011 11:05 AM PST

AP - A congressional panel has subpoenaed former Sen. Jon Corzine to testify next week about his role leading MF Global, a brokerage firm that collapsed this fall after a disastrous bet on European debt.

Violent wind storm leaves path of destruction (AP)

Posted: 02 Dec 2011 11:52 AM PST

Palm fronds line a street in the Los Feliz section of Los Angeles on Thursday, Dec. 1, 2011 after high winds flipped over trees and trucks and knocked out power to more than 300,000 California customers early Thursday before moving inland, where schools in a Utah town closed because of 100 mph wind gusts. (AP Photo/Alicia Chang)AP - Violent winds that wreaked havoc in Western states eased Friday but hundreds of thousands of people remained without power and crews struggled to clean up smashed trees, toppled power lines and debris-strewn roadways.

Experts reclassify painting as real Rembrandt (AP)

Posted: 02 Dec 2011 11:47 AM PST

In this Friday, Dec. 2, 2011 photo provided by the Rembrandt House Museum in Amsterdam, the 1630 painting 'Old Man with Beard' by Rembrandt is seen. Ernst van de Wetering of the Rembrandt Research Project says a painting long thought to have been made by one of his students is actually from the hand of the Dutch master himself. Van de Wetering cites new scans of the painting 'Old Man with Beard,' in addition to stylistic analysis and circumstantial evidence for the conclusion. The scans revealed an uncompleted self-portrait by Rembrandt underneath. (AP Photo/ Rembrandt House Museum)AP - Experts have reclassified a painting as a Rembrandt after years of attributing it to one of the Dutch master's students.

Germany's Merkel fights for euro, Cameron for UK (Reuters)

Posted: 02 Dec 2011 12:54 PM PST

Reuters - British Prime Minister David Cameron threatened on Friday to obstruct a Franco-German drive for swift change to the European Union's treaty, a sign of the difficulty leaders will face transforming Europe to save the euro.

U.S. jobless rate drops to 2-1/2 year low (Reuters)

Posted: 02 Dec 2011 10:42 AM PST

Reuters - The U.S. unemployment rate tumbled to a 2-1/2 year low in November, even though the pace of hiring remained too slow to suggest a significant acceleration in the labor market recovery.

Zynga seeks lower IPO value in tough market (Reuters)

Posted: 02 Dec 2011 12:08 PM PST

Reuters - (Reuters)- Zynga Inc is seeking a more modest valuation than Wall Street expected for its initial public offering, hoping to attract investors after a series of Internet stocks fell below their IPO price in recent weeks.

Obama promises big push on payroll tax cut (Reuters)

Posted: 02 Dec 2011 11:01 AM PST

U.S. President Barack Obama speaks during the lighting of the National Christmas Tree in Washington December 1, 2011. REUTERS/Joshua RobertsReuters - President Barack Obama on Friday pledged an aggressive push to pass an extension to the payroll tax cut for U.S. workers, saying lawmakers must not leave for their holiday break without taking action on it.

GE, Rolls drop push to build F-35 engines (Reuters)

Posted: 02 Dec 2011 01:07 PM PST

Reuters - General Electric Co and Rolls Royce dropped their drive to build an alternate engine for Lockheed Martin Corp's F-35 joint strike fighter, giving up on what they had said could be a $100 billion market.

Over 20 arrested at U.S. London embassy protest (Reuters)

Posted: 02 Dec 2011 07:40 AM PST

Reuters - Police said they had made more than 20 arrests at a demonstration outside the U.S. embassy in London on Friday.

U.S. hands main war base, Saddam palaces back to Iraq (Reuters)

Posted: 02 Dec 2011 07:23 AM PST

Reuters - The U.S. military passed a milestone in its pending withdrawal from Iraq on Friday, vacating its vast main base near Baghdad airport that once housed the American war operations hub and hosted a captive Saddam Hussein before his execution.

Fed hawks say central banks can't solve fiscal woes (Reuters)

Posted: 02 Dec 2011 01:46 PM PST

Reuters - The U.S. Federal Reserve and other central banks must not succumb to calls for additional help from monetary authorities in the face of high budget deficits, two top Fed officials said on Friday.

Pasadena on emergency footing as powerful winds whip Southern California (VIDEO) (The Christian Science Monitor)

Posted: 01 Dec 2011 05:37 PM PST

The Christian Science Monitor - Southern California is being buffeted by the worst windstorm in more than a decade â€" gusts have been clocked as high as 100 miles per hour â€" resulting in widespread power outages, diverted flights, hundreds of trees down, and the city of Pasadena on an emergency footing.

Clinton urges Burma (Myanmar) to deepen reforms, announces modest US moves (The Christian Science Monitor)

Posted: 01 Dec 2011 05:09 PM PST

The Christian Science Monitor - Secretary of State Hillary Rodham Clinton used her historic trip to the isolated country of Burma (Myanmar) to announce Thursday some relaxation of economic restrictions â€" moves aimed at giving the military rulers a taste of the larger benefits they can expect from expanding the country’s fledgling reforms.
Posted by Harshad at 2:00 PM

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