Monday, December 5, 2011

Obama makes case for extending payroll tax cuts (AP)

Obama makes case for extending payroll tax cuts (AP)

Obama makes case for extending payroll tax cuts (AP)

Posted: 05 Dec 2011 12:04 PM PST

President Barack Obama talks extending payroll tax cuts, Monday, Dec. 5, 2011, in the White House briefing room in Washington. (AP Photo/Carolyn Kaster)AP - President Barack Obama pressured Republicans in Congress on Monday to extend a payroll tax cut, saying the economic recovery is "still fragile" and middle class families need the money.

Gingrich meets with Trump, begins first ad in Iowa (AP)

Posted: 05 Dec 2011 12:41 PM PST

Donald Trump listens at left as Republican presidential candidate former House Speaker Newt Gingrich talks to media after their meeting in New York, Monday, Dec. 5, 2011. (AP Photo/Seth Wenig)AP - Surging in polls, Newt Gingrich declared confidently Monday that he plans to run a general election campaign in all 50 states should he win the Republican presidential nomination. But he also found himself defending comments he had made about poor children — hinting at the potential troubles and new scrutiny he faces in the race.

Cuts to first-class mail to slow delivery in 2012 (AP)

Posted: 05 Dec 2011 12:04 PM PST

Postmaster General Pat Donahoe answers questions about cuts to First Class Mail service during a news conference in Washington, Monday, Dec. 5, 2011. (AP Photo/Charles Dharapak)AP - The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume.

FAA chief on leave after drunken driving arrest (AP)

Posted: 05 Dec 2011 12:05 PM PST

AP - FAA Administrator Randy Babbitt was placed on a leave of absence Monday and U.S. officials said his employment is under review following his arrest for drunken driving in suburban Northern Virginia.

Protesters accuse Putin's party of rigging vote (AP)

Posted: 05 Dec 2011 12:47 PM PST

Russian opposition members listen during a rally in Moscow, Russia, Monday, Dec. 5, 2011. Several thousand people have protested in Moscow against Prime Minister Vladimir Putin and his party, which won the largest share of a parliamentary election that observers said was rigged. It was perhaps the largest opposition rally in years and ended with police detaining some of the activists. A group of several hundred then marched toward the Central Elections Commission near the Kremlin, but were stopped by riot police and taken away in buses. Estimates of the number of protesters Monday night ranged from 5,000 to 10,000. They chanted 'Russia without Putin.' (AP Photo/Ivan Sekretarev)AP - Several thousand protesters took to the streets Monday night and accused Prime Minister Vladimir Putin's party of rigging this weekend's parliamentary election in which it won the largest share of the seats.

AP source: S&P set to put eurozone on credit watch (AP)

Posted: 05 Dec 2011 12:45 PM PST

French President Nicolas Sarkozy, left, smiles as he greets German Chancellor Angela Merkel prior to their meeting at the Elysee Palace in Paris, Monday Dec. 5, 2011. The leaders of Germany and France will try to agree Monday on a cohesive plan to help save the euro through stricter oversight of government budgets. Financial markets signaled optimism that French President Nicolas Sarkozy and German Chancellor Angela Merkel will unveil a unified plan that tightens political and economic cooperation among the 17 European Union countries that use the euro and sets the stage for more aggressive aid from the European Central Bank. (AP Photo/Remy de la Mauviniere)AP - A person familiar with the matter says Standard & Poor's is examining the credit rating of all 17 eurozone countries for a possible downgrade as the continent's debt crisis lingers.

GBI: Body found in search for missing Ga. girl (AP)

Posted: 05 Dec 2011 12:21 PM PST

This handout photo provided Monday Dec. 5, 2011, by the Cherokee County Sheriff’s Department, shows Jorelys Rivera, 7, of Canton, Ga. A team of state law enforcement officials specially trained in child abductions has been brought in to join the search for the 7-year-old Georgia girl missing since Friday. (AP Photo/Cherokee County Sheriff’s Department)AP - A body found in a trash container is believed to be that of a 7-year-old girl who went missing last week from an apartment complex playground north of Atlanta, authorities said Monday.

NASA finds planet that's just about right for life (AP)

Posted: 05 Dec 2011 11:48 AM PST

This undated handout artist rendering provided by NASA shows Kepler-22b, a planet known to comfortably circle in the habitable zone of a sun-like star. It is the first planet that NASA's Kepler mission has confirmed to orbit in a star's habitable zone -- the region around a star where liquid water, a requirement for life on Earth, could persist. NASA has found the new planet outside our solar system that's eerily similar to Earth in key aspects. Scientists say the temperature on the surface of the planet is about a comfy 72 degrees. Its star could almost be a twin of our sun. It likely has water and land. (AP Photo/NASA/Ames/JPL-Caltech)AP - NASA has found a new planet outside our solar system that's eerily similar to Earth in key aspects. Scientists say the temperature on the surface of the planet is about a comfy 72 degrees. Its star could almost be a twin of our sun. It likely has water and land.

E! News host Rancic announces double mastectomy (AP)

Posted: 05 Dec 2011 11:46 AM PST

FILE - In this Sept. 12, 2011 file photo, TV personality Giuliana Rancic attends the Rachel Zoe Spring 2012 fashion show during Mercedes-Benz Fashion Week in New York. Six weeks after revealing that she has breast cancer, E! News host Giuliana Rancic, 37, announced Monday, Dec. 5, 2011, on NBC's “Today” show that she will have a double mastectomy. (AP Photo/Charles Sykes, file)AP - Six weeks after revealing she has breast cancer, E! News host Giuliana Rancic says she will have a double mastectomy. The 37-year-old made the announcement Monday on NBC's "Today" show.

Santo elected to Hall of Fame by veterans panel (AP)

Posted: 05 Dec 2011 12:23 PM PST

FILE - In this 1971 file photo, Chicago Cubs infielder Ron Santo is shown in Scottsdale, Ariz. Santo has been elected to the baseball Hall of Fame by the Veterans Committee. The Hall announced the voting results Monday, Dec. 5, 2011, at the winter meetings in Dallas. (AP Photo/Robert H. Houston, File)AP - Ron Santo always kept rooting for the causes dearest to him — for his Chicago Cubs to win the World Series, for doctors to find a cure for diabetes and for him to reach the Hall of Fame.

Franco-German budget plan demands EU treaty change (Reuters)

Posted: 05 Dec 2011 12:23 PM PST

Portugal's Prime Minister Pedro Passos Coelho (C) answers a question as his Parliamentary Affairs Minister Miguel Relvas (R) and Finance Minister Vitor Gaspar look on during the discussion of the 2012 state budget at the parliament in Lisbon November 10, 2011. REUTERS/Jose Manuel RibeiroReuters - The leaders of France and Germany agreed a master plan on Monday for imposing budget discipline across the euro zone, saying the EU's basic treaty will need to be changed in the search for a sweeping solution to its debt crisis.

November service sector cools, factory orders fall (Reuters)

Posted: 05 Dec 2011 12:30 PM PST

Reuters - Growth in the U.S. service sector eased last month, and new orders for factory goods fell in October, tempering recent optimism that the U.S. economy may be poised for a more vigorous rebound.

U.S. Postal Service seeks to end next-day mail (Reuters)

Posted: 05 Dec 2011 11:06 AM PST

Reuters - The cash-strapped U.S. Postal Service on Monday moved forward with plans to end next-day delivery of letters, postcards and other First Class mail.

Analysis: "Cold War" with Iran heats up across Mideast (Reuters)

Posted: 05 Dec 2011 12:09 PM PST

An Iranian couple rests as they sit in front of an Iranian-made Zelzal missile at a war exhibition held by Iran's revolutionary guard to mark the anniversary of the Iran-Iraq war (1980-88), also known in Iran as the Reuters - Worries of Israel striking Iran might or might not be overblown but across the region the largely hidden "cold war" between Tehran and its enemies is escalating fast, bringing with it wider risk of conflict.

Rajaratnam begins 11-year insider trading sentence (Reuters)

Posted: 05 Dec 2011 10:49 AM PST

Reuters - Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town.

Exclusive: Many Americans already done with holiday shopping (Reuters)

Posted: 05 Dec 2011 11:24 AM PST

Reuters - More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need to offer bigger incentives to win sales in the few weeks before Christmas.

Putin's party has domination cut in Russia (Reuters)

Posted: 05 Dec 2011 12:37 PM PST

Anarchists burn flares and hold a banner during a protest after voting closed in Russia's parliamentary election in central Moscow, December 4, 2011. REUTERS/Denis SinyakovReuters - Several thousand protesters took to the streets on Monday to demand an end to Russian Prime Minister Vladimir Putin's 12-year rule after voters cut his party's parliamentary majority in an election that was condemned as unfair by European monitors.

Attempts to balance budget pose state risk: raters (Reuters)

Posted: 05 Dec 2011 12:33 PM PST

Reuters - Threats to the credit rating of the United States may have spooked political leaders in U.S. states, but congressional attempts to balance the federal budget pose more long-term dangers, the three top rating agencies said on Monday.

Supreme Court to weigh: Can man sue Secret Service agents in Dick Cheney case? (The Christian Science Monitor)

Posted: 05 Dec 2011 09:34 AM PST

The Christian Science Monitor - The US Supreme Court agreed on Monday to examine whether two Secret Service agents can be sued for arresting a Colorado man who criticized US policy in Iraq during a public appearance by Vice President Dick Cheney at a shopping center in 2006.

Occupy Wall Street, Act II: Go local (The Christian Science Monitor)

Posted: 05 Dec 2011 06:42 AM PST

The Christian Science Monitor - As their encampments are razed, or as their tent cities dwindle with the onset of cold weather, the "Occupy Wall Street" movement â€" now almost three months old â€" needs a second act. And organizers of this grass-roots movement, which asserts that "the 99 percent" of Americans who are not Wall Street bankers, hotel chain heiresses, or real estate titans are getting a raw deal these days, appear to have lit upon an answer, for now: Go local.
Posted by Harshad at 1:01 PM

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