Thursday, June 28, 2012

Hospital stocks jump after health care ruling

Hospital stocks jump after health care ruling


Hospital stocks jump after health care ruling

Posted: 28 Jun 2012 12:46 PM PDT

Specialists Robert Canzani, left, and Henry Becker, second from right, work at their posts on the floor of the New York Stock Exchange Thursday, June 28, 2012. Stocks dropped sharply Thursday after the Supreme Court upheld the central provision of President Barack Obama's health care overhaul, a requirement that almost all Americans carry health insurance. (AP Photo/Richard Drew)Hospital stocks rose sharply Thursday after the Supreme Court guaranteed them millions more paying customers by upholding the core of President Barack Obama's health care overhaul.


Turkey reinforces border as Syria violence rages

Posted: 28 Jun 2012 12:45 PM PDT

Syrians gather at the scene of two huge bomb explosions outside the Palace of Justice in DamascusTwin bombs exploded outside the Palace of Justice in Damascus on Thursday as deadly violence raged across the country and Turkey reinforced its volatile border with Syria with missile batteries.


Euro 2012 Germany vs Italy: Live Report

Posted: 28 Jun 2012 12:45 PM PDT

Italy forward Mario Balotelli (R) scores past Germany goalkeeper Manuel Neuer after 20 minutes1945 GMT: Just to put the 2-0 scoreline into some kind of context, my colleague Ryland James at the game in Warsaw has sent me this little nugget:


Coverage for most Americans, a scramble for states

Posted: 28 Jun 2012 12:51 PM PDT

FILE - In this Jan. 18, 2012 file photo, Dan and Vicki McCuistion, of Driftwood, Texas, pose for a photo together in Austin, Texas. Vicki McCuistion, who shuttles between two part-time jobs and is uninsured, said the Supreme Court ruling has given her new hope. Her husband Dan has back problems so bad he can't go to work some days, and with a family history of skin cancer she is worried about a mole that she hasn't been able to get checked by doctors. President Barack Obama's health care overhaul is on the way to its ultimate jury: the families, doctors, business people and state officials who'll have to grapple with the confusing details while striving to fulfill its promise.


Analysis: Health care ruling won't stop arguments

Posted: 28 Jun 2012 12:44 PM PDT

President Barack Obama speaks in the East Room of the White House in Washington, Thursday, June 28, 2012, after the Supreme Court ruled on his health care legislation. (AP Photo/Luke Sharrett pool)The Supreme Court's 5-4 decision upholding the nation's health care law marks an enormous political victory for President Barack Obama in the heat of a re-election campaign, and affirmation as well for the Democrats' decades-long drive to extend coverage to millions of Americans who now go without.


Explanations key at Zimmerman's 2nd bond hearing

Posted: 28 Jun 2012 12:43 PM PDT

The neighborhood watch leader charged with killing Trayvon Martin is getting another chance to convince a judge to let him out on bond.

Court tosses law about false claims on medals

Posted: 28 Jun 2012 12:42 PM PDT

The Supreme Court on Thursday struck down a federal law making it a crime to lie about receiving the Medal of Honor and other prized military awards, with justices branding the false claim "contemptible" but nonetheless protected by the First Amendment.

US clears China, Singapore from Iran oil sanctions

Posted: 28 Jun 2012 12:42 PM PDT

The Obama administration on Thursday cleared China and Singapore from possible U.S. economic penalties, citing their sharp cuts in imports of Iranian oil, as an American deadline arrived for banks to stop processing petroleum transactions with Tehran.

UK probing more banks for interest rate fixing

Posted: 28 Jun 2012 12:42 PM PDT

A view of Barclay's headquarter at London's Canary Wharf financial district, Thursday, June 28, 2012. Barclays PLC and its subsidiaries will pay about 453 million US dollars to settle charges that they tried to manipulate interest rates that can affect how much people pay for loans to attend college or buy a house. Britain's Barclays is one of several major banks reportedly under investigation for such violations. (AP Photo/Lefteris Pitarakis)More global banks are being investigated for the alleged financial market manipulation that led to fines of $453 million against Barclays Bank, British Treasury chief George Osborne said Thursday, driving financial stocks lower.


Singh takes Irish Open lead, has Olympic dream

Posted: 28 Jun 2012 12:39 PM PDT

Jeev Milkha Singh of India acknowledges the crowd after a birdie on the eighteenth holeJeev Milkha Singh fired a 65 to storm into the first round lead in the Irish Open at Royal Portrush on Thursday and then revealed his goal of qualifying to represent India at the 2016 Olympic Games in Brazil.


Exclusive: Saudi readies oil line to counter Iran Hormuz threat

Posted: 28 Jun 2012 12:37 PM PDT

DUBAI (Reuters) - Saudi Arabia has reopened an old oil pipeline built by Iraq to bypass Gulf shipping lanes, giving Riyadh scope to export more of its crude from Red Sea terminals should Iran try to block the Strait of Hormuz, industry sources told Reuters. Riyadh took the step as international pressure grows on Iran to curb a nuclear program that Western powers say has a covert military purpose. A European Union embargo on buying Iranian oil takes full effect on Sunday, cutting Tehran's income. ...

Solar firm that got DOE loan to declare bankruptcy

Posted: 28 Jun 2012 12:36 PM PDT

A Colorado-based solar panel maker that received a $400 million loan guarantee from the Obama administration said Thursday it will file for bankruptcy, the latest setback for an industry battered by the recession and stiff competition from companies in China.

Blast hits Damascus, Turkey sends troops to border

Posted: 28 Jun 2012 12:36 PM PDT

Wrecked cars are seen at the site of an explosion outside Syria's highest court in central DamascusBEIRUT/ISKENDERUN, Turkey (Reuters) - Rebel forces attacked Syria's main court in central Damascus on Thursday, state television said, while Turkey deployed troops and anti-aircraft rocket launchers to the Syrian border, building pressure on President Bashar al-Assad. A loud explosion echoed through the streets and a column of black smoke rose over Damascus, an Assad stronghold that until the last few days had seemed largely beyond the reach of rebels. State television described it as a "terrorist" blast. Dozens of wrecked and burning cars were strewn over a car park used by lawyers and ...


Syria takes swipe at U.S. support for "terrorists"

Posted: 28 Jun 2012 12:36 PM PDT

UNITED NATIONS (Reuters) - Syria's U.N. envoy said on Thursday that "terrorists" in his country were using foreign communications technology, a clear swipe at U.S. support for opposition groups fighting for the past 16-months to oust President Bashar al-Assad. "Terrorists have been using information and communication technologies provided openly by some of those countries that suffered from the scourge," Syrian Ambassador Bashar Ja'afari told a U.N. General Assembly debate on counter-terrorism. "Unfortunately these countries call this technology a non-lethal weapon," he said. ...

Turkey says to act with determination in jet attack

Posted: 28 Jun 2012 12:36 PM PDT

ANKARA (Reuters) - Turkey's National Security Council said on Thursday it would respond to Syria's "hostile" downing of one of its reconnaissance jets last week with determination but within international law. "Turkey will act with determination to use all its rights within the international law against this hostile act," the council, made up of the president, senior ministers and military chiefs, said in a statement after a five-hour meeting. (Reporting by Ece Toksabay, writing by Jonathon Burch; Editing by Michael Roddy)

Assad says his duty is to "eliminate terrorists"

Posted: 28 Jun 2012 12:36 PM PDT

DUBAI (Reuters) - Syrian President Bashar al Assad said on Thursday that his government had a duty to "eliminate terrorists" to protect its people. "The responsibility of the Syrian government is to protect all of our residents. You have a responsibility to eliminate terrorists in any corner of the country," Assad told Iranian state television in an hour-long interview. "When you eliminate a terrorist, it's possible that you are saving the lives of tens, hundreds, or even thousands. ...

Iran to review Seoul ties if oil imports suspended

Posted: 28 Jun 2012 12:35 PM PDT

DUBAI (Reuters) - Iranian Oil Minister Rostam Qasemi warned South Korea on Thursday that Tehran would reconsider ties with Seoul if the country stopped importing oil from Iran, the official IRNA news agency reported. South Korea said on Monday it would halt imports of Iranian crude from July 1 due to a European Union ban on insuring tankers carrying Iranian oil, becoming the first major Asian consumer of Iranian crude to announce suspension of imports. ...

Exclusive: U.S. expected to grant Iran sanction exceptions to China

Posted: 28 Jun 2012 12:35 PM PDT

WASHINGTON (Reuters) - The Obama administration is expected to extend exceptions on Iran sanctions to China and Singapore, perhaps as early as Thursday, two U.S. government sources said. "There should be an announcement today," on China, Iran's top buyer of crude, and Singapore which buys fuel oil from the OPEC member, said one of the sources. Earlier this month the administration granted exceptions to India and six other economies. Japan and 10 European Union countries got exceptions in March. ...

Fed's Fisher: healthcare ruling removes some uncertainty: CNBC

Posted: 28 Jun 2012 12:35 PM PDT

CHICAGO (Reuters) - The Supreme Court's decision Thursday to uphold President Barack Obama's signature healthcare overhaul removes some of the cloud of uncertainty that has been keeping businesses from hiring, a top Fed official said. But the ruling has not eliminated that uncertainty, Dallas Federal Reserve Bank President Richard Fisher, known for his view that it is largely uncertainty over future taxes and healthcare costs that is keeping businesses from hiring, said in an interview on CNBC. "It will depend so much what happens in the election," Fisher said. ...

Producer 'committed' to staging Nora Ephron play

Posted: 28 Jun 2012 12:30 PM PDT

FILE - This Nov. 3, 2010 file photo shows author, screenwriter and director Nora Ephron at her home in New York. Publisher Alfred A. Knopf confirmed Tuesday, June 26, 2012, that author and filmmaker Nora Ephron died Tuesday of leukemia in New York. She was 71. (AP Photo/Charles Sykes, file)A producer of Nora Ephron's new play, "Lucky Guy," says he is "committed" to getting her biography of a newspaper columnist on a Broadway stage despite the death this week of the playwright.


Weather alerts coming soon to smartphone near you

Posted: 28 Jun 2012 12:29 PM PDT

Bob Burns holds his smartphone Wednesday, June 27, 2012 in Minnetonka, Minn. Millions of smartphone users wiil soon begin receiving text messages about severe weather from a sophisticated government system that can send a blanket warning to mobile devices in the path of a dangerous storm. (AP Photo/Jim Mone)Attorney Bob Burns already gets a lot of information from his smartphone, but he welcomes the prospect of getting a little more — free warnings about life-threatening weather from a sophisticated new government system.


'My Three Sons' big brother Don Grady dies at 68

Posted: 28 Jun 2012 12:29 PM PDT

Don Grady, who was one of television's most beloved big brothers as Robbie Douglas on the long-running 1960s hit "My Three Sons," died Wednesday. He was 68.

Obama, the Supreme Court and the "T-word"

Posted: 28 Jun 2012 12:25 PM PDT

WASHINGTON (Reuters) - President Barack Obama and fellow Democrats took great pains to avoid the word "tax" when they pushed through Congress a sweeping U.S. healthcare overhaul that would require most Americans to buy insurance and would fine them for failing to do so. Instead they called it a "penalty" and the 2010 law itself used the same term. They wanted to avoid the highly unpopular and politically charged "T-word" that could have sunk the law's prospects in Congress. ...

News Corp announces plans to split

Posted: 28 Jun 2012 12:23 PM PDT

FILE- This combination of Associated Press file photos show a Fox Sports logo, left, and a person holding a copy of a Wall Street Journal, right. Rupert Murdoch's News Corp. said Thursday, June 28, 2012, that it plans to split into two separate companies, one holding its newspaper business and the other its entertainment operations. (AP Photo/Ross D. Franklin, Matt Dunham, File)Calling it the next logical step in an evolution over nearly six decades, Rupert Murdoch's News Corp. said Thursday that it will split into two publicly traded companies.


House ready to hold attorney general in contempt

Posted: 28 Jun 2012 12:21 PM PDT

House Speaker John Boehner of Ohio, joined by other House GOP leaders, meets with reporters on Capitol Hill in Washington, Wednesday, June 27, 2012, following a political strategy session. Boehner defended the contempt of Congress vote against Attorney General Eric Holder, commented on the looming Supreme Court decision on the health care, and updated progress on student loans and the transportation bill. (AP Photo/J. Scott Applewhite)With the National Rifle Administration demanding a "yes" vote and African-American lawmakers vowing to walk out of the chamber, the House moved Thursday toward holding Attorney General Eric Holder in contempt of Congress in a document dispute related to a bungled gun-tracking operation.


Turkey fortifies Syrian border; bomb hits Damascus

Posted: 28 Jun 2012 12:19 PM PDT

In this photo taken Wednesday, June 27, 2012, a Turkish military truck transports a mobile missile launcher to the Syrian border, in Iskenderun, Turkey. Turkey is deploys antiaircraft units along its border with Syria following the downing of one of its warplanes by Syrians.(AP Photo)Turkey deployed anti-aircraft guns, rocket launchers and other weapons along its border with Syria on Thursday, a military buildup that came as world powers showed new urgency to resolve the crisis before it ignites the region.


News Corp split sets stage for possible Lachlan return

Posted: 28 Jun 2012 12:18 PM PDT

A sign is seen outside News Corporation building in New York(Reuters) - Rupert Murdoch's decision to become chief executive of a new, separate entertainment company split off from News Corp but not to head the new publishing business sparked speculation he was setting the stage for the return of his eldest son Lachlan to the company. News Corp said on Thursday that its board had approved a plan for the $60 billion media conglomerate to be split into two publicly traded companies, publishing and entertainment, with the Murdoch family retaining control of both. ...


AG emails: Get to the bottom of Fast and Furious

Posted: 28 Jun 2012 12:17 PM PDT

FILE - In this June 12, 2012 file photo, Attorney General Eric Holder testifies on Capitol Hill in Washington. In email exchanges with subordinates in February and March 2011, Attorney General Eric Holder and the department's second-highest official expressed growing concern that something might have gone wrong in a federal gun-smuggling probe called Operation Fast and Furious. (AP Photo/J. Scott Applewhite)"We need answers on this. Not defensive BS. Real answers."


AP PHOTOS: Wildfires rage in Colorado and the West

Posted: 28 Jun 2012 12:16 PM PDT

This aerial photo shows the destructive path of the Waldo Canyon fire in the Mountain Shadows subdivision area of Colorado Springs, Colo., Thursday, June 28, 2012. Colorado Springs officials said Thursday that hundreds of homes have been destroyed by the raging wildfire. (AP Photo/Denver Post, RJ Sangosti)hundreds in all — reduced to smoldering ashes. Amid the devastation, there are hopeful signs: More than 120 soldiers using heavy equipment helped stop flames from advancing on the U.S. Air Force Academy and cooler weather could help slow the fire's spread.


News Corp's Murdoch is cooling on Britain

Posted: 28 Jun 2012 12:14 PM PDT

(Reuters) - News Corp CEO Rupert Murdoch no longer plans to buy the rest of satellite broadcaster BSkyB and is setting his sights on investing in the United States rather than Britain. In an interview with his company's FOX Business Network, the octogenarian media mogul spoke about the BSkyB stake and said Britain had lost its appeal for him and he was now keener to invest in a U.S. economy on steadier footing. ...

Google releases Chrome browser for iPhone, iPad

Posted: 28 Jun 2012 12:13 PM PDT

Google's Chrome browser can now be used to surf the Web on the iPhone and iPad.

Some Democrats are skipping national convention

Posted: 28 Jun 2012 12:12 PM PDT

FILE - In this Sept. 21, 2011 file photo, Sen. Claire McCaskill, D-Mo. listens on Capitol Hill in Washington. Claire McCaskill, one of the most vulnerable Democrats up for re-election in 2012, plans to skip the Democratic National Convention in Charlotte, N.C. McCaskill's campaign said Tuesday she will spend the week campaigning in her home state instead. (AP Photo Manuel Balce Ceneta, File)Some Democrats in tough races are returning their invitations to the Democratic National Convention with a note attached: Thanks, but no thanks.


Top court upholds healthcare law in Obama triumph

Posted: 28 Jun 2012 12:07 PM PDT

Supporters of the Affordable Healthcare Act celebrate after the court upheld the legality of the law in WashingtonWASHINGTON (Reuters) - The U.S. Supreme Court upheld President Barack Obama's healthcare law on Thursday in an election-year triumph for him and fellow Democrats and a setback for Republican opponents of the most sweeping overhaul since the 1960s of the unwieldy U.S. healthcare system. In a 5-4 ruling based on the power of Congress to impose taxes, the nation's highest court preserved the law's "individual mandate" requiring that most Americans obtain health insurance by 2014 or pay a tax. ...


Feds: NJ ship search turns up no stowaways

Posted: 28 Jun 2012 12:06 PM PDT

This image made from video provided by Eyewitness News WABC-TV shows an aerial view near a container ship in Newark with suspected stowaways. Dock workers rushed to unload containers stacked on top of one another inside a cargo ship that arrived in New Jersey from the Middle East on Wednesday, June 27, 2012 after Coast Guard officials heard knocking from one during a routine inspection, suggesting that stowaways might be on board. (AP Photo/Eyewitness News WABC-TV) MANDATORY CREDITA cargo ship that U.S. authorities thought might be carrying stowaways is due to leave Port Newark in New Jersey on Friday after a search of more than 160 sealed containers turned up no one.


THE RACE: Health care lives on as campaign issue

Posted: 28 Jun 2012 12:04 PM PDT

President Barack Obama speaks in the East Room of the White House in Washington, Thursday, June 28, 2012, after the Supreme Court ruled on his health care legislation. (AP Photo/Luke Sharrett/Pool)The decision is in but the impact is unclear.


European leaders seek roadmap for future growth

Posted: 28 Jun 2012 12:04 PM PDT

German Chancellor Angela Merkel reacts during the debate after her speech for the upcoming EU summit at the German parliament Bundestag in Berlin, Wednesday, June 27, 2012. Germany faces increasing pressure to relent on its resistance to jointly issued eurobonds and other forms of debt-pooling ahead of a European Union summit Thursday. (AP Photo/Markus Schreiber)European leaders agree more needs to be done to stimulate growth and regulate banks, though sharp divisions remain over the issue of pooling government debt as a way to ease the continent's financial crisis.


Grammys to honor Bruce Springsteen next year

Posted: 28 Jun 2012 11:53 AM PDT

FILE - This March 9, 2012 file photo shows Bruce Springsteen and the E Street Band performing at the Apollo Theater in New York. MusiCares announced Thursday, June 28, that Springsteen will be honored as the 2013 MusiCares Person of the Year in recognition of his extraordinary creative accomplishments as well as his significant charitable work. The 2013 MusiCares Person of the Year gala will be held on Feb. 8, 2013. (AP Photo/Evan Agostini, file)Bruce Springsteen is being recognized for his creative and philanthropic contributions by the group that puts on the Grammy Awards.


Beckham left out of Britain Olympics squad

Posted: 28 Jun 2012 11:52 AM PDT

British soccer player and London 2012 Olympic Games ambassador David Beckham lights the Olympic torch with a cauldron after arriving at RNAS Culdrose base near HelstonLONDON (Reuters) - David Beckham has been omitted from Britain's Olympic football squad in a blow for the former England captain's dreams of crowning his career in style. The Los Angeles Galaxy midfielder had been widely expected to win selection as one of the three over-age players in Stuart Pearce's Under-23 squad for the London Games in July and August. "Naturally I am very disappointed, but there will be no bigger supporter of the team than me," Beckham, 37, said in quotes relayed by his spokesman on Thursday. ...


China, Singapore get exceptions to Iran sanctions

Posted: 28 Jun 2012 11:44 AM PDT

WASHINGTON (Reuters) - China and Singapore have been given exceptions to Washington's Iran financial sanctions because they have significantly cut their purchases of crude oil from Iran, U.S. Secretary of State Hillary Clinton said in a statement. (Reporting By Arshad Mohammed; Editing by Sandra Maler)

House debates Attorney General Holder contempt charge

Posted: 28 Jun 2012 11:41 AM PDT

U.S. Attorney General Eric Holder delivers remarks to the Boys and Girls Club of America in WashingtonWASHINGTON (Reuters) - U.S. Attorney General Eric Holder faced a contempt of Congress charge on Thursday as the Republican-led House of Representatives was poised to strike back at the Obama administration for refusing to turn over some documents related to a failed gun-running probe. If the contempt charge is approved later on Thursday, as expected, Holder, the nation's top law enforcement officer, would become the first sitting attorney general - and the first presidential Cabinet member - to be accused of the crime of contempt by the full House. ...


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