Monday, May 28, 2012

Spring revival for America's housing market

Spring revival for America's housing market


Spring revival for America's housing market

Posted: 28 May 2012 12:18 PM PDT

To match Feature USA-HOUSING/RECOVERYNEW YORK (Reuters) - Kate Carpenter and her husband waited for two years before sensing the time was right to look to buy a home in the suburbs of New York. "This is the first time homes are at an affordable point," said the freelance writer, 35. She hopes to move her two young daughters out of their rented New York City apartment soon, taking advantage of record low mortgage rates and signs the slump is over. Six years after the housing market began its slide, dragging the U.S. ...


Wounded war veterans find brotherhood in softball

Posted: 27 May 2012 09:06 PM PDT

Wounded Warrior Amputee Softball Team members sign a ball glove in Binghamton, New YorkCOOPERSTOWN, New York (Reuters) - When Saul Bosquez, a 27-year-old U.S. Army veteran who lost part of his left leg in Iraq, stepped up to the plate during a softball game this Memorial Day weekend, he knew he needed a big hit. Bosquez, who plays with the Wounded Warrior Amputee Softball Team and wears a prosthetic leg below his left knee, said the hot weather on Sunday in Cooperstown - home to the Baseball Hall of Fame - was making it harder than usual for him to run the bases. Luckily, the ball soared over the outfielders' heads, and Bosquez made it safely to third. ...


New Mexico historic sites at risk in forest fire

Posted: 28 May 2012 01:46 PM PDT

NASA handout satellite photo of wildfires in New MexicoSANTA FE, New Mexico (Reuters) - Firefighters in New Mexico were working on Monday to protect several Depression-era landmarks from a blaze burning through the rugged high country of the Gila National Forest, fire officials said. The so-called Whitewater-Baldy Complex fire, which destroyed a dozen privately owned cabins at the height of its rampage last week, has burned 122,388 acres of timber since it was ignited by lightning on May 16, fire officials said. "We did not increase the acreage because the fire burned on the interior yesterday. ...


Miami witness describes horror of cannibalistic attack

Posted: 28 May 2012 01:27 PM PDT

MIAMI (Reuters) - A Miami man on Monday described how he watched in horror after spotting a naked man gnawing away at the face and neck of another man in a ghoulish attack on a highway ramp in downtown Miami. "He was ripping into his face with his teeth," Larry Vega said of the attacker. "He was ripping his skin, his neck. He had him held down. The guy couldn't move really, and he was just tearing into his flesh," Vega told WSVN TV in Miami about Saturday's attack. ...

Fallout from Dewey collapse hits clients

Posted: 28 May 2012 11:40 AM PDT

NEW YORK (Reuters) - For eight years, hundreds of victims of militant attacks in Israel have pursued litigation against a Jordanian bank they claim provided financial services to Hamas and other militant groups. Now the plaintiffs have a new legal hurdle to overcome: the collapse of law firm Dewey & LeBoeuf. A group of lawyers from the New York-based law firm represent Arab Bank Group, the defendant in the suit. Now, with Dewey on the verge of shuttering and those lawyers scattering, U.S. ...

Manhunt launched for two murder suspects in Arkansas jail break

Posted: 28 May 2012 01:35 PM PDT

(Reuters) - Authorities in southwestern Arkansas have launched a manhunt for two murder suspects who escaped from jail before dawn on Monday by cutting through the window bars of their second-story cell with a hacksaw, sheriff's officials said. After removing the bars and smashing through a pane of glass, the two men then shoved mattresses through the window and climbed out of the Miller County Sheriff's Detention Center in Texarkana, Arkansas, spokeswoman Vanessa Schaeffer said. "They pushed through mattresses to soften their drop to the ground," Schaeffer said. ...

Obama calls treatment of Vietnam War veterans "a disgrace"

Posted: 28 May 2012 03:18 PM PDT

Obama is applauded by Linnington as he begins his remarks at the Memorial Day observance at Arlington National Cemetery in Arlington, VirginiaWASHINGTON (Reuters) - President Barack Obama called the treatment decades ago of returning Vietnam War veterans a "national shame" on Monday and promised as commander-in-chief not to send U.S. troops back into harm's way without a clear mission and strategy. Obama did not mention rising tensions with Iran and Syria or other potential threats in his remarks to veterans and military families on a hot, sunny Memorial Day, focusing instead on the legacy of Vietnam and his own efforts to wind down the Iraq and Afghanistan wars started by his predecessor, George W. Bush. ...


Oldest female bodybuilder loves pumping iron

Posted: 28 May 2012 02:04 AM PDT

NEW YORK (Reuters) - As an active 77 year old, Edith Wilma Connor enjoys doing step aerobics with her great-granddaughter. But pumping iron is the real passion of the oldest female competitive bodybuilder.

Obama calls treatment of Vietnam War veterans "a disgrace"

Posted: 28 May 2012 03:18 PM PDT

Obama is applauded by Linnington as he begins his remarks at the Memorial Day observance at Arlington National Cemetery in Arlington, VirginiaWASHINGTON (Reuters) - President Barack Obama called the treatment decades ago of returning Vietnam War veterans a "national shame" on Monday and promised as commander-in-chief not to send U.S. troops back into harm's way without a clear mission and strategy. Obama did not mention rising tensions with Iran and Syria or other potential threats in his remarks to veterans and military families on a hot, sunny Memorial Day, focusing instead on the legacy of Vietnam and his own efforts to wind down the Iraq and Afghanistan wars started by his predecessor, George W. Bush. ...


New Mexico historic sites at risk in forest fire

Posted: 28 May 2012 01:46 PM PDT

NASA handout satellite photo of wildfires in New MexicoSANTA FE, New Mexico (Reuters) - Firefighters in New Mexico were working on Monday to protect several Depression-era landmarks from a blaze burning through the rugged high country of the Gila National Forest, fire officials said. The so-called Whitewater-Baldy Complex fire, which destroyed a dozen privately owned cabins at the height of its rampage last week, has burned 122,388 acres of timber since it was ignited by lightning on May 16, fire officials said. "We did not increase the acreage because the fire burned on the interior yesterday. ...


Manhunt launched for two murder suspects in Arkansas jail break

Posted: 28 May 2012 01:35 PM PDT

(Reuters) - Authorities in southwestern Arkansas have launched a manhunt for two murder suspects who escaped from jail before dawn on Monday by cutting through the window bars of their second-story cell with a hacksaw, sheriff's officials said. After removing the bars and smashing through a pane of glass, the two men then shoved mattresses through the window and climbed out of the Miller County Sheriff's Detention Center in Texarkana, Arkansas, spokeswoman Vanessa Schaeffer said. "They pushed through mattresses to soften their drop to the ground," Schaeffer said. ...

Miami witness describes horror of cannibalistic attack

Posted: 28 May 2012 01:27 PM PDT

MIAMI (Reuters) - A Miami man on Monday described how he watched in horror after spotting a naked man gnawing away at the face and neck of another man in a ghoulish attack on a highway ramp in downtown Miami. "He was ripping into his face with his teeth," Larry Vega said of the attacker. "He was ripping his skin, his neck. He had him held down. The guy couldn't move really, and he was just tearing into his flesh," Vega told WSVN TV in Miami about Saturday's attack. ...

Spring revival for America's housing market

Posted: 28 May 2012 12:18 PM PDT

To match Feature USA-HOUSING/RECOVERYNEW YORK (Reuters) - Kate Carpenter and her husband waited for two years before sensing the time was right to look to buy a home in the suburbs of New York. "This is the first time homes are at an affordable point," said the freelance writer, 35. She hopes to move her two young daughters out of their rented New York City apartment soon, taking advantage of record low mortgage rates and signs the slump is over. Six years after the housing market began its slide, dragging the U.S. ...


Fallout from Dewey collapse hits clients

Posted: 28 May 2012 11:40 AM PDT

NEW YORK (Reuters) - For eight years, hundreds of victims of militant attacks in Israel have pursued litigation against a Jordanian bank they claim provided financial services to Hamas and other militant groups. Now the plaintiffs have a new legal hurdle to overcome: the collapse of law firm Dewey & LeBoeuf. A group of lawyers from the New York-based law firm represent Arab Bank Group, the defendant in the suit. Now, with Dewey on the verge of shuttering and those lawyers scattering, U.S. ...

Wounded war veterans find brotherhood in softball

Posted: 27 May 2012 09:06 PM PDT

Wounded Warrior Amputee Softball Team members sign a ball glove in Binghamton, New YorkCOOPERSTOWN, New York (Reuters) - When Saul Bosquez, a 27-year-old U.S. Army veteran who lost part of his left leg in Iraq, stepped up to the plate during a softball game this Memorial Day weekend, he knew he needed a big hit. Bosquez, who plays with the Wounded Warrior Amputee Softball Team and wears a prosthetic leg below his left knee, said the hot weather on Sunday in Cooperstown - home to the Baseball Hall of Fame - was making it harder than usual for him to run the bases. Luckily, the ball soared over the outfielders' heads, and Bosquez made it safely to third. ...


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