Panetta: Cannot let al-Qaida hide in north Africa

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• Panetta: Cannot let al-Qaida hide in north Africa
• Obama holds out prospect of post-election "grand bargain"
• Savile victims allege paedophile ring existed at BBC
• Tunisia: Reported consulate suspect arrested
• Harrington wins PGA Grand Slam on 3rd try
• Ex-Ga. megachurch worker sought in fatal shooting
• US Airways posts record 3Q profit
• Traditionalists expel Holocaust-denying bishop
• Tony NYC suburb welcomes NJ's first pot dispensary
• Police: Local teen arrested in Colo. girl's death
• Police: 5 shot and at least 2 dead in Los Angeles
• Fed cites moderate US growth, takes no new action
• Chief: Texas' battered $3B cancer effort endures
• No suspect yet in 6 deaths in Tennessee, Alabama
• CEO's ex-wife backs bid to unseal Romney testimony
• Syria government indicates accepts holiday truce: Russia
• Lebanese opposition blames Syria for assassination
• Terrorist sentenced to 37 years in millennium plot
• Bettman says full season 'not going to be reality'
• Police: 5 shot, at least 2 dead in Calif. shooting
• Abbas says ready for peace talks if U.N. recognition bid succeeds
• Israel says 79 rockets fired at it from Gaza
• Two explosions hit Gaza City: witnesses
• Daimler Q3 net profit slips to $1.6 billion
• Sudan blames Israeli air strike hit for munitions plant blasts
• In Latin America, incumbents increasingly dominate
• U.S. sues Bank of America over "Hustle" mortgage fraud
• Obama: 'Trust matters' in a presidential campaign
• Vikes can establish credibility vs Bucs
• US suit alleges 'brazen' fraud at Countrywide
• Best Buy offers exclusive Windows 8 deals, demos
• Gas gets cheaper, but still isn't cheap
• Romney: Election about 'your family'
• US sues B of A for $1B+ for mortgage fraud
• Ex-Goldman director Gupta awaits sentence in insider case
• 2 dead in suburban LA shootings
• Strong new home sales brighten housing picture
• White House told of Libyan attack claim Sept. 11
• Oil drops for 4th day on big rise in US supplies
• Romney's campaign says he still supports Mourdock

Panetta: Cannot let al-Qaida hide in north Africa Posted: 24 Oct 2012 01:10 PM PDT Senior U.S. defense leaders are working with allies on a plan to deal with al-Qaida- linked militants in Mali and elsewhere in the North Africa region, with American assistance likely to center on intelligence and logistical support and not troops on the ground.

Obama holds out prospect of post-election "grand bargain" Posted: 24 Oct 2012 01:08 PM PDT WASHINGTON (Reuters) - President Barack Obama says he's confident that if re-elected he will secure within six months a deficit-reduction deal with Republicans equivalent to the "grand bargain" he failed to achieve last year. Obama made the bold prediction on Tuesday to the Des Moines Register in remarks that were originally off-the-record. After the newspaper complained in a blog, the White House relented and released a transcript of the interview on Wednesday. ...

Savile victims allege paedophile ring existed at BBC Posted: 24 Oct 2012 01:06 PM PDT LONDON (Reuters) - A sex scandal gripping BBC deepened on Wednesday with claims that a paedophile ring had existed involving some of its stars, as its former director general said his handling of the case shouldn't stop him becoming the boss of the New York Times. The BBC has been thrown into disarray by accusations it helped cover up sexual abuse by one of its most celebrated former presenters, Jimmy Savile, and has struggled to explain why one of its own shows killed an investigation into it. ...

Tunisia: Reported consulate suspect arrested Posted: 24 Oct 2012 01:05 PM PDT A Tunisian man who was arrested in Turkey this month with reported links to the attack on a U.S. consulate in Libya has been returned to Tunisia and is facing terrorism charges, his lawyer said Wednesday.

Harrington wins PGA Grand Slam on 3rd try Posted: 24 Oct 2012 01:04 PM PDT Padraig Harrington is a winner for the first time in two years, even if the PGA Grand Slam of Golf was only an exhibition.

Ex-Ga. megachurch worker sought in fatal shooting Posted: 24 Oct 2012 01:04 PM PDT A volunteer leading a prayer service at a Georgia megachurch was shot and killed Wednesday morning, and authorities were searching for a former church employee suspected in the shooting.

US Airways posts record 3Q profit Posted: 24 Oct 2012 01:02 PM PDT US Airways turned in a strong performance during a three-month stretch that covers much of the peak summer vacation season.

Traditionalists expel Holocaust-denying bishop Posted: 24 Oct 2012 01:02 PM PDT A traditionalist group of breakaway Catholics on Wednesday expelled a Holocaust-denying bishop whose views sparked a major Vatican crisis in 2009.

Tony NYC suburb welcomes NJ's first pot dispensary Posted: 24 Oct 2012 01:01 PM PDT Across New Jersey, most communities approached about hosting one of the state's first legal medical marijuana dispensaries in out-of-the-way industrial zones have just said no, after outpourings of public opposition.

Police: Local teen arrested in Colo. girl's death Posted: 24 Oct 2012 01:01 PM PDT A teenager who lived just a mile from a 10-year-old Colorado girl who was abducted and killed earlier this month has been arrested in her death, along with a May attack on a runner, authorities said Wednesday.

Police: 5 shot and at least 2 dead in Los Angeles Posted: 24 Oct 2012 12:59 PM PDT Five people were shot and at least two died in shootings at a business and a residence in a Los Angeles suburb Wednesday.

Fed cites moderate US growth, takes no new action Posted: 24 Oct 2012 12:58 PM PDT Two weeks before a U.S. election focused on the economy, the Federal Reserve said Wednesday that its help is still needed to increase growth and lower unemployment.

Chief: Texas' battered $3B cancer effort endures Posted: 24 Oct 2012 12:57 PM PDT The head of an embattled $3 billion cancer-fighting fund in Texas says the state has learned from a controversy that has shaken one of the nation's biggest troughs of research dollars.

No suspect yet in 6 deaths in Tennessee, Alabama Posted: 24 Oct 2012 12:56 PM PDT Investigators trying to solve six killings at four locations along the Tennessee-Alabama state line have found a common thread: one of the slain knew all the victims.

CEO's ex-wife backs bid to unseal Romney testimony Posted: 24 Oct 2012 12:55 PM PDT A Massachusetts judge has postponed a decision on whether to unseal testimony that GOP presidential candidate Mitt Romney gave in the divorce case of Staples founder Tom Stemberg.

Syria government indicates accepts holiday truce: Russia Posted: 24 Oct 2012 12:55 PM PDT UNITED NATIONS (Reuters) - The government of Syrian President Bashar al-Assad has indicated to Russia that it will accept U.N.-Arab League peace envoy Lakhdar Brahimi's proposal for a Muslim holiday ceasefire in Syria, Moscow's U.N. envoy said on Wednesday. "We have had indications that they (Syria's government) are accepting the proposal of Mr. Brahimi," Ambassador Vitaly Churkin told reporters after a closed-door meeting of the 15-nation Security Council during which Brahimi briefed council members via video link from Egypt. ...

Lebanese opposition blames Syria for assassination Posted: 24 Oct 2012 12:52 PM PDT Lebanon's main opposition bloc stepped up pressure Wednesday on the Hezbollah-dominated government to resign after blaming the Shiite militant group's ally Syria for a car bomb that killed a top intelligence officer.

Terrorist sentenced to 37 years in millennium plot Posted: 24 Oct 2012 12:47 PM PDT Algerian terrorist Ahmed Ressam was sentenced Wednesday to 37 years in prison for plotting to bomb Los Angeles International Airport around the turn of the new millennium.

Bettman says full season 'not going to be reality' Posted: 24 Oct 2012 12:47 PM PDT NHL Commissioner Gary Bettman says it looks like a full-82 game schedule "is not going to be a reality," as the lockout nears its seventh week.

Police: 5 shot, at least 2 dead in Calif. shooting Posted: 24 Oct 2012 12:47 PM PDT Police say five people have been shot and at least two are dead in a Los Angeles suburb.

Abbas says ready for peace talks if U.N. recognition bid succeeds Posted: 24 Oct 2012 12:46 PM PDT RAMALLAH, West Bank (Reuters) - Western-backed Palestinian President Mahmoud Abbas said on Wednesday he would be ready for negotiations with Israel "straightaway" if the U.N. recognized Palestine as a non-member state. His comments appeared to be another attempt to assure the United States that the Palestinian campaign for status change at the U.N. is not an attempt to circumvent bilateral talks with Israel deadlocked since 2010 over settlement construction in the occupied West Bank and East Jerusalem. "We have resolved to go to the U.N. ...

Israel says 79 rockets fired at it from Gaza Posted: 24 Oct 2012 12:46 PM PDT JERUSALEM (Reuters) - Palestinians fired dozens of rockets into Israel from Gaza on Wednesday and an Israeli air strike killed a militant, a day after the Emir of Qatar made a rare visit to the enclave's Hamas leadership. Hamas claimed responsibility for some of the rocket and mortar bomb attacks, prompting some Israelis to wonder whether it had been emboldened by the Qatari visit on Tuesday that broke the Islamist group's diplomatic isolation. ...

Two explosions hit Gaza City: witnesses Posted: 24 Oct 2012 12:46 PM PDT GAZA (Reuters) - Two explosions rocked Gaza City on Wednesday, witnesses said, shortly after Israel killed a gunman in the area citing an escalation of rocket fire at its southern towns and cities. Ambulances raced to the area to see if there were any casualties from the blasts. (Writing by Allyn Fisher-Ilan; editing by Patrick Graham)

Daimler Q3 net profit slips to $1.6 billion Posted: 24 Oct 2012 12:44 PM PDT German automaker Daimler AG lowered its full-year earnings target Wednesday after its third quarter net profit declined 11 percent to €1.20 billion ($1.6 billion) from €1.36 billion a year ago amid flat car sales.

Sudan blames Israeli air strike hit for munitions plant blasts Posted: 24 Oct 2012 12:44 PM PDT KHARTOUM (Reuters) - Sudan said on Wednesday that an Israeli air strike had caused the huge explosion and fire at an arms factory in Khartoum that killed two people, while Israel's defense and foreign ministry declined to comment. Sudan, which analysts say is used as an arms-smuggling route to the Hamas-controlled Gaza Strip via neighboring Egypt, has blamed Israel for such strikes in the past but Israel either has refused to comment or said it neither admitted or denied involvement. ...

In Latin America, incumbents increasingly dominate Posted: 24 Oct 2012 12:44 PM PDT After four election wins, Venezuelan President Hugo Chavez is on track to completing at least 20 years in power, and supporters such as street bookseller Cristina Tovar say they're glad to have him in charge.

U.S. sues Bank of America over "Hustle" mortgage fraud Posted: 24 Oct 2012 12:41 PM PDT NEW YORK (Reuters) - The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. Wednesday's case, originally brought by a whistleblower, is the U.S. Department of Justice's first civil fraud lawsuit over mortgage loans sold to the big mortgage financiers, which were bailed out in 2008. It also compounds the legal problems that Bank of America Chief Executive Brian Moynihan faces over the second-largest U.S. ...

Obama: 'Trust matters' in a presidential campaign Posted: 24 Oct 2012 12:41 PM PDT President Barack Obama said at the start of a 48-hour campaign trip that "trust matters" in a presidential campaign and he has kept the same values throughout his political career.

Vikes can establish credibility vs Bucs Posted: 24 Oct 2012 12:40 PM PDT Considering the short list of surprisingly impressive teams in the NFL this season, the Minnesota Vikings haven't gotten much love. That could change Thursday night.

US suit alleges 'brazen' fraud at Countrywide Posted: 24 Oct 2012 12:39 PM PDT The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.

Best Buy offers exclusive Windows 8 deals, demos Posted: 24 Oct 2012 12:39 PM PDT Confused by Windows 8? Best Buy hopes it can help.

Gas gets cheaper, but still isn't cheap Posted: 24 Oct 2012 12:36 PM PDT Gasoline across the U.S. is cheaper after a week of rapid price declines. But it still isn't cheap.

Romney: Election about 'your family' Posted: 24 Oct 2012 12:36 PM PDT Republican presidential candidate Mitt Romney has begun telling Americans the Nov. 6 election comes down to which candidate would be better for their families. He's trying to personalize the choice voters are making between him and President Barack Obama.

US sues B of A for $1B+ for mortgage fraud Posted: 24 Oct 2012 12:33 PM PDT The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis.

Ex-Goldman director Gupta awaits sentence in insider case Posted: 24 Oct 2012 12:29 PM PDT NEW YORK (Reuters) - The sentencing on Wednesday of fallen Wall Street titan Rajat Gupta for insider trading could come down to whether a judge agrees that his lifetime of charity counts against sending him to prison. The former Goldman Sachs Group Inc board member was convicted in June of leaking boardroom secrets to hedge fund manager Raj Rajaratnam, his friend and former business associate, at the height of the financial crisis. Gupta, 63, is to be sentenced by Manhattan U.S. District Judge Jed Rakoff, who oversaw the four-week trial. ...

2 dead in suburban LA shootings Posted: 24 Oct 2012 12:27 PM PDT At least two people have been killed in a shooting in a Los Angeles suburb.

Strong new home sales brighten housing picture Posted: 24 Oct 2012 12:27 PM PDT WASHINGTON (Reuters) - New U.S. single-family home sales surged in September to the highest level in nearly 2-1/2 years, further evidence the housing market recovery is gaining steam. The Commerce Department said on Wednesday that new home sales increased 5.7 percent to a seasonally adjusted 389,000-unit annual rate -- the fastest pace since April 2010, when sales were boosted by a tax credit for first-time home buyers. ...

White House told of Libyan attack claim Sept. 11 Posted: 24 Oct 2012 12:27 PM PDT Two hours after the U.S. Consulate came under attack in Benghazi, Libya, the White House was told that a militant group was claiming responsibility for the violence that killed the U.S. ambassador and three other Americans.

Oil drops for 4th day on big rise in US supplies Posted: 24 Oct 2012 12:22 PM PDT The price of oil fell Wednesday after the U.S. reported an unexpectedly large increase in crude supplies.

Romney's campaign says he still supports Mourdock Posted: 24 Oct 2012 12:21 PM PDT Republican Mitt Romney's campaign says he still supports Indiana Senate candidate Richard Mourdock after Mourdock said "God intended" pregnancies that result from rape. The campaign has not asked Mourdock to pull a TV ad featuring Romney.

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