Sunday, November 25, 2012

McCain says U.N.'s Rice could change his mind over Benghazi

McCain says U.N.'s Rice could change his mind over Benghazi

McCain says U.N.'s Rice could change his mind over Benghazi

Posted: 25 Nov 2012 09:14 AM PST

McCain reacts to remark during University of Southern California's Schwarzenegger Institute for State and Global Policy inaugural Symposium in Los AngelesWASHINGTON (Reuters) - Senator John McCain, a vocal opponent of Susan Rice's possible nomination as Secretary of State, said on Sunday that the U.N. ambassador could change his mind after she explained her statements on the attack on the U.S. mission in Benghazi. "Sure. She can - I'd give everyone the benefit of explaining their position and the actions that they took," McCain said on the "Fox News Sunday" program when asked if Rice could reverse his opposition. "I'd be glad to have the opportunity to discuss these issues with her," he said. ...

Black Friday sales online top $1 billion for first time: comScore

Posted: 25 Nov 2012 03:44 PM PST

Young holiday shoppers interact with the iPad at the Apple Store during Black Friday in San FranciscoSAN FRANCISCO (Reuters) - Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday. Online sales jumped 26 percent on Black Friday to $1.04 billion from sales of $816 million on the corresponding day last year, according to comScore data. Amazon.com was the most-visited retail website on Black Friday, and it also posted the highest year-over-year visitor growth rate among the top five retailers. ...

"Fiscal cliff" talks stalled but progress possible

Posted: 25 Nov 2012 07:08 PM PST

Darkness sets in over the U.S. Capitol building hours before U.S. President Obama is set to deliver his State of the Union address to a joint session of Congress on Capitol Hill in WashingtonWASHINGTON (Reuters) - U.S. lawmakers have made little progress in the past 10 days toward a compromise to avoid the harsh tax increases and government spending cuts scheduled for January 1, a senior Democratic senator said on Sunday. The United States is on course to slash its budget deficit nearly in half next year. Closing the gap that quickly, which in Washington is referred to as going over a "fiscal cliff," could easily trigger a recession. "Unfortunately, for the last 10 days, with the House and Congress gone for the Thanksgiving recess ... ...

Suspected Walmart thief dies after altercation with employees

Posted: 25 Nov 2012 05:26 PM PST

(Reuters) - A suspected shoplifter died in Georgia on Sunday after a confrontation with two Walmart employees and a contract security guard who caught him in the store's parking lot, local media reported. Police said the man stole two DVD players from a Walmart in Lithonia, southeast of Atlanta, before he walked out the front door and was apprehended by the workers, the Atlanta Journal-Constitution newspaper reported in a story on its website. ...

Springfield, Massachusetts, blast blamed on gas company worker

Posted: 25 Nov 2012 11:51 AM PST

(Reuters) - A utility worker who punctured a natural gas line caused an explosion in a Massachusetts city last week that injured 18 people, a city hall spokesman said on Sunday. Investigators have found that the Columbia Gas of Massachusetts worker breached the high-pressure line with a probe as he checked for the source of a gas smell on Friday at a downtown Springfield strip club, said Tom Walsh, a spokesman for Mayor Domenic Sarno. The area rapidly filled with gas fumes and was evacuated. The source of the gas odor and what sparked the explosion itself were unknown, he said. ...

Analysis: Fiscal battles could sideline U.S. immigration reform

Posted: 24 Nov 2012 10:02 PM PST

Obama pin worn at NALEO in FloridaWASHINGTON (Reuters) - President Barack Obama's re-election this month gave supporters of comprehensive immigration reform an immediate dose of optimism. They hoped that Obama, bolstered by the 70 percent-plus support he received from Hispanic voters, might now feel ready to champion the cause he largely avoided during his first term. And they thought that Republicans, after the thumping they got at the hands of Latinos in the November 6 election, might soften their resistance in order to stay competitive in future elections. ...

International arbitration for tax disputes, "baseball" style

Posted: 25 Nov 2012 02:54 PM PST

WASHINGTON (Reuters) - The United States remains undefeated in the nearly two years since it began settling corporate tax disputes with Canada through a winner-takes-all process popularly known as "baseball arbitration." Tax lawyers and accountants in both countries said the U.S. Internal Revenue Service had won three of the binding decisions and Canada none. They said the IRS had collected a significant sum of money, possibly in excess of $100 million. ...

Lack of winner ups Powerball payout to record $425 million

Posted: 25 Nov 2012 07:51 AM PST

WASHINGTON (Reuters) - The top prize in the Powerball lottery will reach a record $425 million after no one won Saturday's drawing, a lottery official said on Sunday. Iowa Lottery spokeswoman Mary Neubauer said the jackpot was $325 million for the drawing late on Saturday. Powerball has not had a winner for two months. The $425 million record jackpot could be raised before Wednesday's drawing since big payouts tend to spur sales, Neubauer said. "We'll watch sales to see if an adjustment upwards needs to be made," she said. The cash payout will be a record $278.3 million. ...

Florida woman arrested for riding an endangered manatee

Posted: 25 Nov 2012 07:39 AM PST

(Reuters) - A Florida woman photographed two months ago riding an endangered manatee in violation of state law was arrested on Saturday on misdemeanor charges, authorities said. The Pinellas County Sheriff's office said deputies arrested Ana Gloria Garcia Gutierrez, 53, without incident at her job at a Sears store in St. Petersburg on a warrant for violating the Florida Manatee Sanctuary Act. The state makes it illegal to "annoy, molest, harass or disturb" the endangered aquatic mammals, whose survival is imperiled by manmade threats, including boating collisions. ...

"Fiscal cliff" talks stalled for now but progress possible

Posted: 25 Nov 2012 11:36 AM PST

Darkness sets in over the U.S. Capitol building hours before U.S. President Obama is set to deliver his State of the Union address to a joint session of Congress on Capitol Hill in WashingtonWASHINGTON (Reuters) - U.S. lawmakers have made little progress in the past 10 days toward a compromise to avoid the harsh tax increases and government spending cuts scheduled for January 1, a senior Democratic senator said on Sunday. The United States is on course to slash its budget deficit nearly in half next year. Closing the gap that quickly, which in Washington is referred to as going over a "fiscal cliff," could easily trigger a recession. "Unfortunately, for the last 10 days, with the House and Congress gone for the Thanksgiving recess ... ...
Posted by Harshad at 7:51 PM

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