Wednesday, January 25, 2012

US military raid in Somalia frees American, Dane (AP)

US military raid in Somalia frees American, Dane (AP)

US military raid in Somalia frees American, Dane (AP)

Posted: 25 Jan 2012 11:15 AM PST

This combination photo made from undated images provided by the Danish Refugee Council shows Dane Poul Hagen Thisted, left, and American Jessica Buchanan. U.S. military forces flew into Somalia in a nighttime raid Wednesday, Jan. 25, 2012 and freed the two hostages while killing nine pirates, officials and a pirate source said. (AP Photo/Danish Refugee Council)AP - U.S. Navy SEALs parachuted into Somalia under cover of darkness early Wednesday and crept up to an outdoor camp where an American woman and Danish man were being held hostage. Soon, nine kidnappers were dead and both hostages were freed.

Iraq al-Qaida says US withdrew to save money (AP)

Posted: 25 Jan 2012 12:57 PM PST

Security forces inspect the scene of a car bomb attack in Sadr City eastern of Baghdad, Iraq, Tuesday, Jan. 24, 2012. Two separate car bombs exploded in the Shiite district of Sadr City killing and wounding several people, police said. (AP Photo/Karim Kadim)AP - The U.S. pulled its troops out of Iraq because its economy is collapsing and it needed to save money, an al-Qaida front group said in a message posted on its website Wednesday, its first online comment since the U.S. completed its pullout last month after nine years of war.

Gingrich: Romney self-deportation plan a fantasy (AP)

Posted: 25 Jan 2012 12:46 PM PST

Republican presidential candidate, former House Speaker Newt Gingrich walks to a stage for a forum at Univision Network Studios, Wednesday, Jan. 25, 2012, in Doral, Fla. (AP Photo/Matt Rourke)AP - Republican presidential candidate Newt Gingrich on Wednesday ridiculed rival Mitt Romney's call for self-deportation of illegal immigrants as an "Obama-level fantasy" that would be inhumane to long-established families living in America.

APNewsBreak: Army to cut combat brigades (AP)

Posted: 25 Jan 2012 12:50 PM PST

FILE In this Jan. 24, 2012 file photo, Defense Secretary Leon Panetta is sen on Capitol Hill in Washington. The U.S. Army plans to slash the number of combat brigades from 45 to as low as 32, and broadly restructure its fighting force to save money and cut the size of the service by about 80,000 soldiers, according to U.S. officials familiar with the plans. (AP Photo/Evan Vucci, File)AP - The U.S. Army plans to slash the number of combat brigades from 45 to as low as 32 in a broad restructuring of its fighting force aimed at cutting costs and reducing the service by about 80,000 soldiers, according to U.S. officials familiar with the plans.

Amid tears, Giffords bids her farewell to Congress (AP)

Posted: 25 Jan 2012 12:47 PM PST

This video image provided by House Television shows Rep. Gabrielle Giffords, D-Ariz. on the floor of the House on Capitol Hill in Washington, Wednesday, Jan. 25, 2012. Giffords resigned from the House on Wednesday amid tears, tributes and standing ovations, more than a year after she was gravely wounded by a would-be assassin. (AP Photo/House Television)AP - The applause rolled through the big chamber, growing ever louder as hundreds of Republicans and Democrats suddenly realized Rep. Gabrielle Giffords was back in the House.

SPIN METER: Candidates use transparency as a club (AP)

Posted: 25 Jan 2012 11:45 AM PST

Republican presidential candidate, former Massachusetts Gov. Mitt Romney campaigns at American Douglas Metals in Orlando, Fla., Wednesday, Jan. 25, 2012. (AP Photo/Charles Dharapak)AP - Mitt Romney released two years of his federal tax returns under pressure from Newt Gingrich, who made his 2010 tax filings public ahead of his GOP rival. Romney, in turn, successfully pressed Gingrich to disclose contracts between his consulting firm and housing giant Freddie Mac.

Bachmann says she'll seek 4th term in House (AP)

Posted: 25 Jan 2012 12:40 PM PST

Former Republican presidential candidate Rep. Michele Bachmann, R-Minn., center arrives on Capitol Hill in Washington, Tuesday, Jan. 24, 2012, for President Barack Obama's State of the Union address. (AP Photo/Pablo Martinez Monsivais)AP - Minnesota Rep. Michele Bachmann swept aside doubts about her political future on Wednesday, declaring less than a month after ending her presidential bid that she will seek a fourth term in Congress.

AP Enterprise: NM license data points to fraud (AP)

Posted: 25 Jan 2012 12:42 PM PST

In this Jan. 24, 2012 photo, immigrant advocates use an image of New Mexico Gov. Susana Martinez on a mock state driver's license during a rally in Santa Fe to protest her proposal to repeal a state law that allows illegal immigrants to obtain driver's licenses. An Associated Press investigation has found that found that a handful of addresses are being used over and over again by immigrants to get licenses in a pattern that suggests potential fraud. (AP Photo/Russell Contreras)AP - An Associated Press investigation has found that addresses of dozens of the same businesses and homes across New Mexico were used over and over again by people to get driver's licenses in a pattern that suggests potential fraud by immigrants trying to game the system.

School lunches to have more veggies, whole grains (AP)

Posted: 25 Jan 2012 12:53 PM PST

First lady Michelle Obama has lunch with school children at Parklawn elementary school in Alexandria, Va., Wednesday, Jan., 25, 2012. She was joined by Agriculture Secretary Tom Vilsack, right, and celebrity cook Rachael Ray, left. (AP Photo/Pablo Martinez Monsivais)AP - The first major nutritional overhaul of school meals in more than 15 years means most offerings — including the always popular pizza — will come with less sodium, more whole grains and a wider selection of fruits and vegetables on the side.

Cops: Fla. man arrested for gruesome Conn. slaying (AP)

Posted: 25 Jan 2012 12:41 PM PST

In this arrest mug released by the Lynn Haven, Fla. Police Dept. shows Tyree Lincoln Smith on Monday, Jan. 23. 2012. Smith was arrested after arriving from Bridgeport, CT. where he allegedly killed and ate a homeless man in that city. Smith told family members that he killed Angel 'Tun Tun' Gonzalez with a hatchet and ate pieces of Gonzalez' s brain and eye. (AP Photo/Lynn Haven Police Dept., HO)AP - A Florida man has been arrested for allegedly hacking to death a Connecticut man and eating the victim's eye and part of his brain, police said Wednesday.

Bernanke: More easing possible if economy weakens (Reuters)

Posted: 25 Jan 2012 12:44 PM PST

Reuters - Federal Reserve Chairman Ben Bernanke signaled on Wednesday the central bank may consider further monetary easing, after the central bank announced interest rates would remain near zero until late 2014.

In historic shift, Fed sets inflation target (Reuters)

Posted: 25 Jan 2012 12:38 PM PST

Reuters - The Federal Reserve took the historic step on Wednesday of setting an inflation target, of 2 percent, a victory for Chairman Ben Bernanke that brings the Fed in line with many of the world's other major central banks.

Obama urges taxing the rich, reining in Wall Street (Reuters)

Posted: 25 Jan 2012 11:56 AM PST

U.S. President Barack Obama (C) delivers his State of the Union address to a joint session of Congress, as Vice President Joe Biden (L) and House Speaker John Boehner look on, on Capitol Hill in Washington, January 24, 2012. REUTERS/Saul Loeb/PoolReuters - President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street.

Housing data points to slowdown in sales (Reuters)

Posted: 25 Jan 2012 08:28 AM PST

A view of a house for sale is seen in Los Angeles in this February 24, 2010 file photo. REUTERS/Mario Anzuoni/FilesReuters - Signed contracts for the sale of existing U.S. homes retreated from a 1-1/2-year high in December and demand for home loans fell last week, pointing to a moderation in home sales after recent hefty gains.

Obama saw window of opportunity to free hostages (Reuters)

Posted: 25 Jan 2012 12:56 PM PST

Reuters - When President Barack Obama mysteriously congratulated his defense chief while making his way through the crowd awaiting the State of the Union address Tuesday night, the secret hostage rescue mission in Somalia was still being wrapped up.

Einhorn, Greenlight fined for UK market abuse (Reuters)

Posted: 25 Jan 2012 12:09 PM PST

David Einhorn, president of Greenlight Capital, speaks at the Reuters Investment Outlook Summit in New York December 7, 2010. REUTERS/Brendan McDermidReuters - David Einhorn's reputation as one of the hedge fund industry's most respected investors took a bit a of a hit Wednesday when Britain's financial regulator imposed a 7.2 million pounds fine on him and his Greenlight Capital fund for alleged trading abuses.

Greece focused on quick debt deal (Reuters)

Posted: 25 Jan 2012 10:10 AM PST

Reuters - Greece hopes to wrap up tortuous negotiations on a debt swap this week when private creditors return to Athens for a fresh round of talks to avert a chaotic default, it said on Wednesday.

Exclusive: Senate investigating HSBC for money laundering (Reuters)

Posted: 25 Jan 2012 09:56 AM PST

Reuters - (Reuters)- HSBC Holdings PLC is under investigation by a U.S. Senate panel in a money-laundering inquiry, the latest step in a long-running U.S. effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.

State of the Union gets high marks from Ohio voters, says poll (The Christian Science Monitor)

Posted: 25 Jan 2012 10:03 AM PST

The Christian Science Monitor - Democratic pollster Geoff Garin conducted a focus group during last night’s State of the Union address with voters in Columbus, Ohio (a key swing state). The group was evenly divided between Democrats and Republicans/Independents - and, according to a memo by Garin, the overall reaction to the speech was extremely positive.

State of the Union: Why Obama energy blueprint has Republicans fuming (+video) (The Christian Science Monitor)

Posted: 25 Jan 2012 10:02 AM PST

The Christian Science Monitor - President Obama hit several dozen topics in his State of the Union address Tuesday night, but none rankled congressional Republicans quite like his statements on energy policy.
Posted by Harshad at 1:04 PM

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