| Wisconsin voters see Romney as eventual nominee Posted: More than 80 percent of Republicans who cast ballots in Wisconsin's presidential primary say they expect Mitt Romney to be the party's nominee.
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| Obama: Reagan could not survive in 'radical' GOP Posted: In combative campaign form, President Barack Obama accused Republican leaders on Tuesday of becoming so radical and dangerously rigid that even the late Ronald Reagan, one of their most cherished heroes, could not win a GOP primary if he were running today.
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| Romney looks to sweep 3 primaries, assails Obama Posted: The Republican presidential nomination all but secured, Mitt Romney bid for confirming primary victories in Wisconsin, Maryland and the District of Columbia on Tuesday over a fading Rick Santorum. President Barack Obama went hard after Romney, assuming the GOP nomination fight was no longer in doubt.
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| New process to expedite drilling on public lands Posted: The Obama administration on Tuesday unveiled new procedures to speed up drilling on public lands, an area where Republicans and the oil industry have pressed the administration to do more to boost oil production and help drive down gasoline prices. |
| Czech PM tells coalition partner to stop threats Posted: PRAGUE (Reuters) - Czech Prime Minister Petr Necas on Tuesday warned a rebellious coalition partner to stop playing political games, saying he was unafraid of a fresh election if the Public Affairs party made good on its threat to leave his government. Responding to an ultimatum issued by his junior coalition partner, which said its ministers may resign as early as Wednesday unless he met their demands, Necas warned Public Affairs to weigh their next step carefully. "The moment their ministers hand in resignations, any room for talks ... ...
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| Romney looks to sweep 3 primaries, assails Obama Posted: The Republican presidential nomination all but secured, Mitt Romney bid for confirming primary victories in Wisconsin, Maryland and the District of Columbia on Tuesday over a fading Rick Santorum. President Barack Obama went hard after Romney, assuming the GOP nomination fight was no longer in doubt.
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| Government plans to sue Arizona sheriff for targeting Latinos Posted: WASHINGTON (Reuters) - The Obama administration on Tuesday said it was preparing to sue Arizona county sheriff Joe Arpaio and his department for violating civil rights laws by improperly targeting Latinos in a bid to crack down on illegal immigrants. The sheriff's high-profile crackdown on illegal immigrants has helped thrust the issue onto the national political stage with some states passing tough new laws aimed at pushing out those in the country illegally. ... |
| Fed must keep acting "vigorously", says Williams Posted: SAN DIEGO (Reuters) - Despite signs the economic recovery is picking up steam, the Federal Reserve should keep its unprecedented easy-money policy in place to boost a jobs market that is still far below its potential, a top Fed official said on Tuesday. "The Fed has acted vigorously to boost the economy," San Francisco Fed President John Williams said at the University of San Diego School of Business Administration. "It's critical that we keep doing so in order to achieve our statutory mandate. ... |
| Fed's Williams: Jobless rate not sole trigger for rate hike Posted: SAN DIEGO (Reuters) - The Federal Reserve will need to begin raising rates well before unemployment falls to its long-term "natural" rate of 5.5 percent, but will look at a much broader range of economic data before making its decision, a top Fed official said on Tuesday. At the time the Fed will need to exit its current policy of near-zero interest rates, the unemployment rate will be around 7 percent, San Francisco Fed President John Williams told reporters after a speech at the University of San Diego School of Business Administration. That's likely to happen at the end of 2014, he said. ... |
| UK snooping row casts doubt on Cameron leadership Posted: LONDON (Reuters) - Plans to boost digital surveillance powers have pushed Britain's government into a row it can ill afford, after a week of gaffes that have raised questions over Prime Minister David Cameron's leadership. The plan involves monitoring all phone calls, texts, emails and online activities to help tackle crime and militant attacks, a move condemned even by some within Cameron's Conservative Party and labeled by critics as a "snooper's charter". ...
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| US, Afghans near accord on night raids Posted: The United States and Afghanistan are close to an agreement over how to handle the hotly contested issue of night raids but still are at odds over how long coalition forces can detain prisoners, such as those captured during the operations, a senior U.S. official said Tuesday. |
| Quebec puts Air Canada on notice over Aveos Posted: (Reuters) - Quebec's attorney general said on Tuesday he had notified Air Canada of its legal obligation to keep a maintenance center operating in the province and would take legal action if he did not receive a satisfactory response from the country's No.1 airline. The province said in March it was considering legal action against Air Canada to keep a Montreal aircraft maintenance facility open. Its concern follows the closure of the facility, operated by an important Air Canada contractor. ...
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| Wisconsin Exit Polls: 8 in 10 Voters Believe Romney Will Be GOP Nominee Posted: A broad sense of inevitability carried Mitt Romney into the Republican presidential primary in Wisconsin today, with preliminary exit poll results indicating that, whatever their preference, eight in 10 voters expect him to become their party's eventual nominee. Romney's hopes in Wisconsin also are being... |
| Scotiabank CEO cautious on housing, no plans to leave Posted: SASKATOON, Saskatchewan (Reuters) - Bank of Nova Scotia Chief Executive Rick Waugh says Canada's simmering housing market gives reason for caution, but that it's up to the country's banks, rather than the government, to manage the risks of their massive mortgage portfolios. "The current concerns about Canada's housing market are reason for caution but not pessimism. We can and will manage through any potential housing market problems," he told Scotiabank's annual general meeting in Saskatoon, Saskatchewan, on Tuesday. ...
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| IMF chief wants 'more firepower' to fight crises Posted: The managing director of the International Monetary Fund said Tuesday that the global recovery is growing stronger but remains very fragile. She urged the international community to give her organization "more firepower" to help keep tottering economies from going under.
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| China keen on free trade pact with U.S.: Greenberg Posted: WASHINGTON (Reuters) - China is eager to begin talks on a free trade pact with the United States and key leaders seem willing to step away from the state capitalism Beijing has been pursuing, a senior U.S. executive with access to China's leadership said on Tuesday. Maurice Greenberg, chairman of Starr International Company Inc and former AIG chief, met with Premier Wen Jiabao, Wen's expected successor Li Keqiang and other top official's during a two-week visit to China. ...
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| Wisconsin voters see Romney as eventual nominee Posted: More than 80 percent of Republicans who cast ballots in Wisconsin's presidential primary say they expect Mitt Romney to be the party's nominee.
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| Obama: Reagan could not survive in 'radical' GOP Posted: In combative campaign form, President Barack Obama accused Republican leaders on Tuesday of becoming so radical and dangerously rigid that even the late Ronald Reagan, one of their most cherished heroes, could not win a GOP primary if he were running today.
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| Paul Ryan: More Risk Than Reward As Veep Pick? Posted: As he stumped across his home-state of Wisconsin with Mitt Romney this past week, Rep. Paul Ryan looked the part of a Vice President. Comfortable and confident as Romney's wing-man, the young Congressman warmed up the crowds before Romney speeches, penned an email fundraising appeal,...
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| Fed tones down talk of more stimulus Posted: WASHINGTON (Reuters) - Federal Reserve policymakers appear less inclined to launch a fresh round of monetary stimulus as the U.S. economy gradually improves, according to minutes for the central bank's March meeting. Economic growth has strengthened slightly, Fed officials noted, but they remained cautious about a broad pick up in U.S. activity, focusing heavily on a still elevated jobless rate. Despite this caution, only "a couple" of members thought additional monetary stimulus might be needed to support the economy if it loses momentum or inflation remains too low for too long. ...
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| Strong U.S. job growth expected for March Posted: WASHINGTON (Reuters) - The U.S. economy likely notched up a fourth month of solid job growth in March, which would lower the need for the Federal Reserve to offer additional monetary stimulus to spur faster economic growth. Businesses outside the farm sector are expected to have added 203,000 jobs last month, according to a Reuters survey, after nonfarm payrolls rose 227,000 in February. The unemployment rate is seen holding at a three-year low of 8.3 percent for a third straight month. That would mark the longest stretch of nonfarm employment gains topping 200,000 since 1999. ...
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| China's Wen says bank monopoly must be broken: state media Posted: (Reuters) - China's state banks make money "too easily" and their monopoly on financial services has to be broken if cash-starved private enterprises are to get access to capital when they need it, state media cited Premier Wen Jiabao as saying on Tuesday. Wen's comments, carried on China National Radio, come days after Beijing gave the go-ahead for financial reforms in Wenzhou - known as the country's cradle of private enterprise - that will encourage private investment in local banks. "Frankly, our banks make profits far too easily. ...
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| US kids clamor for Congress to act against Kony Posted: The voices demanding that Congress stop the brutality of African warlord Joseph Kony and his Lord's Resistance Army belong to America's children.
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| Canada air safety checks have big flaws: auditor Posted: OTTAWA (Reuters) - Canada's system for monitoring airline safety has major flaws that could result in more accidents unless improvements are made, the government's spending watchdog said on Tuesday. Auditor General Michael Ferguson said that although the transport department's regulations call for aviation companies to be inspected every year, about 70 percent of them were not investigated in the 2010-11 fiscal year. "Transport Canada is not adequately managing the risks associated with its civil aviation oversight," he said. ...
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| GE, Johnson & Johnson among firms to give more lobbying detail Posted: BOSTON (Reuters) - A dozen U.S. companies have agreed to disclose more about their lobbying efforts in return for avoiding public showdowns at their annual meetings, a sign of growing traction for corporate governance reforms this year. Companies including Coca-Cola Co , General Electric Co. and Johnson & Johnson have agreed to make available more details about areas like trade association memberships and top policy issues, according to a tally of 2012 reforms kept by activist investor Walden Asset Management. ...
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| Canada opposition sees low bar for Quebec independence Posted: OTTAWA (Reuters) - The new head of Canada's main opposition party says a simple majority should allow independence for French-speaking Quebec, a far lower bar than the one accepted by other pro-Canada parties and one that could make independence more likely. Thomas Mulcair, a Quebecker who took over as head of the left-leaning New Democrats last month, said Canada would have to negotiate independence for Quebec if a majority of voters opted for that. "Quantitatively clear... ...
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| Cheney released from hospital after heart transplant Posted: WASHINGTON (Reuters) - Former Vice President Dick Cheney, who underwent a heart transplant 10 days earlier, was released from the hospital on Tuesday, a spokeswoman said. "As he leaves the hospital, the former vice president and his family want to again express their deep gratitude to the donor and the donor's family for this remarkable gift," his spokeswoman said in a statement. Cheney, 71, who has a history of heart problems having suffered the first of five heart attacks at age 37, was released from Inova Fairfax Hospital Heart and Vascular Institute. ...
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| James Murdoch finally admits defeat in hacking battle Posted: LONDON (Reuters) - James Murdoch's belated acknowledgment that he had become a liability to satellite broadcaster BSkyB was a rare admission of defeat by the combative 39-year-old executive known for his self-belief and decisiveness. Murdoch resigned on Tuesday as chairman of BSkyB, saying he did not want to damage the company any further by the intense scrutiny surrounding his role in a phone-hacking scandal that has convulsed his father's media empire. ... |
| Romney urges GOP to look to campaign against Obama Posted: Republican presidential front-runner Mitt Romney urged his party to shift focus to the general election and said President Barack Obama "gets full credit or blame" for the economy. The former Massachusetts governor previewed a look-ahead line of attack even as voters went to the polls Tuesday in GOP primaries in Wisconsin, Maryland and the District of Columbia.
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| Obama says today's GOP would reject Ronald Reagan Posted: President Barack Obama said Tuesday Republicans want to force a "radical vision" on the nation, accusing the opposition party of moving so far to the right that even one of its beloved figures, Ronald Reagan, could not win a GOP presidential primary.
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| James Murdoch finally admits defeat in hacking battle Posted: LONDON (Reuters) - James Murdoch's belated acknowledgment that he had become a liability to satellite broadcaster BSkyB was a rare admission of defeat by the combative 39-year-old executive known for his self-belief and decisiveness. Murdoch resigned on Tuesday as chairman of BSkyB, saying he did not want to damage the company any further by the intense scrutiny surrounding his role in a phone-hacking scandal that has convulsed his father's media empire. ...
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| First Marines in Australia under new security deal Posted: WASHINGTON (Reuters) - Some 200 U.S. Marines arrived in Australia on a six-month deployment on Tuesday, the first of 2,500 troops expected to rotate through a de facto base in the port of Darwin as part of plans to deepen the U.S. military presence in the Asia-Pacific. The deployment of Marines to Australia was part of a deal announced late last year by President Barack Obama and Australian Prime Minister Julia Gillard to increase bilateral military cooperation and training. ...
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| Obama assails Republican budget plan, aims at Romney Posted: WASHINGTON (Reuters) - President Barack Obama accused Republicans on Tuesday of favoring the rich with a budget plan that focuses on cutting popular programs, which the White House sees as a potent vote winner for Democrats in this year's election. In a week in which Mitt Romney is expected to extend his lead in the race for the Republican nomination to confront Obama in the November 6 election, Obama took aim at their new budget blueprint, calling it a "prescription for decline. ...
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