Wednesday, August 15, 2012

seenewstoday.com : Top News updates

Blast hits UN staff's hotel in Damascus - CBS News
Updated at 7:34 am ET (CBS/AP) DAMASCUS, Syria – A bomb attached to a fuel truck exploded Wednesday outside a Damascus hotel where UN observers are staying, wounding at least three people, Syria's state TV reported. The government controlled channel …


Romney changes focus again, and he's angry - Los Angeles Times
CHILLICOTHE, Ohio -- For months, Mitt Romney has hammered President Obama's handling of the economy, believing that the Democrat's stewardship would convince Americans it was time for change. Then, with the announcement of his running mate Saturday, …


Program granting work rights for childhood immigrants begins Wednesday - CNN (blog)


Sears Canada loss widens as sales fall
(Reuters) – Sears Canada Inc reported a wider loss in what the Canadian retailer called a difficult quarter on Wednesday, as sales at established stores dropped again. Sales of outdoor power equipment fell off dramatically with the onset of warm, dry weather, and the company said its weekend business is underperforming. Same-store sales, an important measure for retailers, fell 7.1 percent in the second quarter ended July 28, following a 5.8 percent decline in the same quarter last year. …


Kenya keeps up search after Uganda choppers crash
Kenya's army says five people are still missing after the helicopter crashesKenyan emergency teams searched for a third day Wednesday for five personnel still unaccounted for after three Ugandan military helicopters crashed at the weekend, officials said.


Target posts flat profit as it gets ready for Canada
A Target employee returns carts to the store in Falls Church(Reuters) – Target Corp posted a flat quarterly profit on Wednesday, as it won over shoppers with an expanded selection of food in many stores and discounts for its loyal card holders, while spending more to get ready to open Canadian stores next year. Target earned $704 million, or $1.06 per share, for the second quarter, compared with a profit of $704 million, or $1.03 per share, a year earlier. Target had fewer shares outstanding than a year earlier. Target earned $1.12 per share, excluding items, in line with its forecast of $1.04 per share to $1.14 per share. The U.S. …


Germany arrests four suspected of busting Iran embargo
BERLIN (Reuters) – German police have arrested four men suspected of delivering valves for a heavy water reactor to Iran and breaking an embargo on such exports to the Islamic Republic imposed over its disputed nuclear program. Prosecutors said some 90 customs officers arrested the men – one German and three with dual German and Iranian citizenship, at their homes in the northern cities of Hamburg and Oldenburg and the eastern town of Weimar, and searched flats and offices. …


Dewani honeymoon murder accused denies killing
Xolile Mngeni (left) denies charges of murder, kidnap, robbery and illegal possession of a firearm and ammunitionA man accused of shooting Swedish honeymooner Anni Dewani pleaded not guilty to killing her as his murder trial opened in a South African court on Wednesday.


S.Africa 'village of death' suspect arrested
Bulelani Mabhayi, 39, is accused of rapes and murders in the village of TholeniA man suspected in a string of grisly rapes and murders that gave a South African community the moniker "village of death" has been arrested, a local newspaper said Wednesday.


20 Syrians reported seized in Lebanon
Family members of a Lebanese man held by Syrian rebels say they have captured more than 20 Syrians and will hold them until their relative is freed.


Gunmen abduct opposition leader in south Yemen
A Yemeni security official says gunmen stormed a passenger plane after it landed in the country’s south, grabbed an opposition leader from his seat and spirited him away to an unknown destination.


Carlyle Group to buy Getty Images for $3.3 billion
A general view of the lobby outside of the Carlyle Group offices in Washington(Reuters) – Private equity firm Carlyle Group LP said it will form a partnership with the management of Getty Images to buy Getty Images Inc from Hellman & Friedman for $3.3 billion, the companies said on Wednesday. Carlyle will take a controlling stake in Getty, a distributor of photos, video and multimedia products. Reuters reported on Tuesday that Carlyle was nearing an agreement to purchase Getty. (Reporting By Matt Daily; editing by Jeffrey Benkoe)


Foxconn to tap cheap labor in Indonesia, huge consumer market
Workers walk out of the entrance to a Foxconn factory in ChengduJAKARTA (Reuters) – Foxconn Technology Group's investment of up to $10 billion in Indonesia will allow the main supplier of Apple Inc to tap one of the cheapest labor forces in Asia and a duty-free zone of some 600 million consumers. Such cost savings could be vital for the mass producer, which relies on economies of scale to survive. Foxconn has seen rising wages and labor unrest at its main factories in China and has declared a strategy to diversify its production into other Asian markets. …


Japan fires water cannon at protest ship: HK activists
The vessel was about 15 nautical miles from the disputed islands, when the coastguard fired the water cannonThe Japanese coastguard on Wednesday fired water cannon at a boat carrying pro-China activists as they neared disputed islands in the East China Sea, the protest group's leader said.


Cascades and cocaine in Costa Rica's national parks
MANUEL ANTONIO, Costa Rica (Reuters) – The lush national parks of Costa Rica have long attracted tourists from around the globe with their evergreen rainforests, white beaches and thermal springs. Recently, they have lured more unsavory visitors in the form of drug traffickers. Organized crime cartels have turned to Costa Rica’s treasured nature reserves as governments wage military offensives against the gangs throughout Mexico and Central America. …


Japan TV pulls Korean drama over island spat
View of the remote disputed islands, known as Dokdo in Korea and Takeshima in JapanA Japanese television station said Wednesday it was postponing the airing of a South Korean drama series starring an actor who took part in a swim to a group of islands at the centre of a territorial row.


German Cabinet approves strengthened export laws
The Economy Ministry says Chancellor Angela Merkel’s Cabinet has agreed upon changes to strengthen and modernize the country’s export laws.


UK unemployment falls to 8 pct despite recession
Unemployment in the United Kingdom dropped to 8 percent in the three months through June, possibly due to a spate of hiring associated with the Olympic Games, official figures showed Wednesday.


Standard Chartered shares rise on settlement
FILE - In this Aug. 7, 2012 file photo, a man walks past the headquarters of Standard Chartered bank in London. Benjamin Lawsky, New York's superintendent of financial services, said Tuesday, Aug. 14, 2012, that his agency has reached a $340 million settlement with Standard Chartered Bank to resolve an investigation into whether the British bank schemed with the Iranian government to launder $250 billion from 2001 to 2007. (AP Photo/Sang Tan, File)Shares in Standard Chartered PLC opened 4 percent higher in London Wednesday, a day after it agreed to pay $340 million to a New York regulator to settle accusations that it hid illegal transactions with Iran and violated U.S. sanctions law.


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