Newspaper review: Pussy Riot sentencing criticised - BBC News
Romney and Obama fight for edge on Medicare - Detroit Free Press
BOSTON — All of a sudden, the jobs-and-economy election is all about Medicare — for now, at least. Republican presidential hopeful Mitt Romney is embracing a topic his party usually approaches gingerly. He is taking a calculated risk that voters' …
Tropical storm heads for landfall on Mexican coast
After forming close to shore, Tropical Storm Helene headed north along Mexico’s Gulf coast early Saturday posing a threat to areas where thousands of people were still recovering from flooding spawned last week by Hurricane Ernesto.
Friday, August 17, 2012
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Pussy Riot case a Putin power game - The Australian
THE harsh sentences given for Russian punk band Pussy Riot's protest against Vladimir Putin signal a Kremlin refusal to tolerate dissent as the strongman seeks to retain his hold on power, analysts and activists said. The sentences defied a huge …
US, Europe condemn two-year sentences for Pussy Riot - The Australian
< Prev of 4 Next > THE US has led the global condemnation of the two-year sentences given to Russian punk band Pussy Riot, as supporters of the women grabbed balaclavas and took to the streets in protest around the world. The sentences were called …
Political Hotsheet Paul Ryan releases two years of tax returns 1 of 9 - CBS News
Play CBS News Video (CBS News) ARLINGTON, Va. – Wisconsin Rep. Paul Ryan, Mitt Romney's running mate, and his wife Janna paid an effective tax rate of 20 percent in 2011 and 15.9 percent in 2010, according to returns released by Romney's campaign on …
China says will 'cooperate' with new UN Syria envoy
China welcomed the naming of Lakhdar Brahimi as the new international envoy for the conflict in Syria, vowing support and cooperation for his mission after he replaced Kofi Annan.
China calls for Japan 'dialogue' over islands
China has called on Japan to pursue "dialogue and negotiation" to resolve the two countries' escalating territorial dispute over islands in the East China Sea claimed by both.
Libor inquiry chairman slams ex-Barclays boss
The head of the select committee inquiry into the Libor rate-rigging scandal has attacked ex-Barclays boss Bob Diamond for giving "highly selective" evidence, as its report was published Saturday.
THE harsh sentences given for Russian punk band Pussy Riot's protest against Vladimir Putin signal a Kremlin refusal to tolerate dissent as the strongman seeks to retain his hold on power, analysts and activists said. The sentences defied a huge …
US, Europe condemn two-year sentences for Pussy Riot - The Australian
< Prev of 4 Next > THE US has led the global condemnation of the two-year sentences given to Russian punk band Pussy Riot, as supporters of the women grabbed balaclavas and took to the streets in protest around the world. The sentences were called …
Political Hotsheet Paul Ryan releases two years of tax returns 1 of 9 - CBS News
Play CBS News Video (CBS News) ARLINGTON, Va. – Wisconsin Rep. Paul Ryan, Mitt Romney's running mate, and his wife Janna paid an effective tax rate of 20 percent in 2011 and 15.9 percent in 2010, according to returns released by Romney's campaign on …
China says will 'cooperate' with new UN Syria envoy
China welcomed the naming of Lakhdar Brahimi as the new international envoy for the conflict in Syria, vowing support and cooperation for his mission after he replaced Kofi Annan.
China calls for Japan 'dialogue' over islands
China has called on Japan to pursue "dialogue and negotiation" to resolve the two countries' escalating territorial dispute over islands in the East China Sea claimed by both.
Libor inquiry chairman slams ex-Barclays boss
The head of the select committee inquiry into the Libor rate-rigging scandal has attacked ex-Barclays boss Bob Diamond for giving "highly selective" evidence, as its report was published Saturday.
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New Premier League campaign to kick off
Manchester United defender Rio Ferdinand has warned champions Manchester City that his side's swoop for Arsenal striker Robin van Persie could tilt the balance of power in the Premier League back to Old Trafford.
Manchester United defender Rio Ferdinand has warned champions Manchester City that his side's swoop for Arsenal striker Robin van Persie could tilt the balance of power in the Premier League back to Old Trafford.
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Ryan paid a higher federal tax rate than Romney - Businessweek
MPs demand bank changes in Libor report
MPs have called for "urgent improvements" in the way banks are run and regulated in a report into the Libor rate-rigging scandal that rocked Barclays published Saturday.
MPs demand bank changes in Libor report
MPs have called for "urgent improvements" in the way banks are run and regulated in a report into the Libor rate-rigging scandal that rocked Barclays published Saturday.
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Russian Band Given 2-Year Term for Stunt Deriding Putin - New York Times
MOSCOW -- Three young women who staged an anti-Putin stunt in Moscow's main Orthodox cathedral, and whose jailing became a cause célèbre championed by artists around the world, were convicted of hooliganism on Friday and sentenced to two years in a …
MOSCOW -- Three young women who staged an anti-Putin stunt in Moscow's main Orthodox cathedral, and whose jailing became a cause célèbre championed by artists around the world, were convicted of hooliganism on Friday and sentenced to two years in a …
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Pussy Riot jailed for two years - Friday 17 August - The Guardian
Judge rejects Facebook settlement over ad feature
SAN FRANCISCO (Reuters) – A U.S. judge rejected Facebook Inc's proposed legal settlement to resolve allegations that the social networking company violated its members' rights through the its 'Sponsored Stories' advertising feature. In an order on Friday, U.S. District Judge Richard Seeborg in San Francisco listed several concerns with the proposed settlement, including a request for more information on why the agreement does not award any money to members. Seeborg said the company and attorneys for the plaintiffs could try to modify their agreement to address his concerns. …
German troops can be deployed on home soil, court rules
BERLIN (Reuters) – Germany’s armed forces can carry out combat operations on home soil in case of a threat of “catastrophic proportions”, the country’s highest court ruled on Friday. However troops cannot be mobilized against demonstrators, the constitutional court said. The military had previously only been able to act in a similar way to the police in domestic disaster situations but will now be able to use combat weapons. “This only affects exceptional situations of catastrophic proportions,” the court said in its ruling. …
Judge rejects Facebook settlement over ad feature
SAN FRANCISCO (Reuters) – A U.S. judge rejected Facebook Inc's proposed legal settlement to resolve allegations that the social networking company violated its members' rights through the its 'Sponsored Stories' advertising feature. In an order on Friday, U.S. District Judge Richard Seeborg in San Francisco listed several concerns with the proposed settlement, including a request for more information on why the agreement does not award any money to members. Seeborg said the company and attorneys for the plaintiffs could try to modify their agreement to address his concerns. …
German troops can be deployed on home soil, court rules
BERLIN (Reuters) – Germany’s armed forces can carry out combat operations on home soil in case of a threat of “catastrophic proportions”, the country’s highest court ruled on Friday. However troops cannot be mobilized against demonstrators, the constitutional court said. The military had previously only been able to act in a similar way to the police in domestic disaster situations but will now be able to use combat weapons. “This only affects exceptional situations of catastrophic proportions,” the court said in its ruling. …
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Dallas launches aerial defense to combat West Nile - New York Daily News
Russia's 'Pussy Riot' goes to jail - Washington Post
Mother seeks answers in "green on blue" attack - CBS News
Apple fires closing shots at Samsung in patents battle
SAN JOSE, California (Reuters) – Samsung Electronics Co Ltd abused its "monopoly power" and demanded an unreasonable royalty from Apple Inc for the use of wireless patents in the iPhone, hurting the device's commercial prospects, Apple experts testified. Richard Donaldson, a former lead patents attorney for Texas Instruments Inc, told the court on Friday a 2.4 percent royalty Samsung wanted on the price of the iPhone was discriminatory because the patents in question enabled just a fraction of the smartphone' s features. …
Britain backs Brahimi appointment to Syria role
Britain said Friday it "fully supports" the appointment of veteran Algerian diplomat Lakhdar Brahimi as the new international envoy for the conflict in Syria.
Russia's 'Pussy Riot' goes to jail - Washington Post
Mother seeks answers in "green on blue" attack - CBS News
Apple fires closing shots at Samsung in patents battle
SAN JOSE, California (Reuters) – Samsung Electronics Co Ltd abused its "monopoly power" and demanded an unreasonable royalty from Apple Inc for the use of wireless patents in the iPhone, hurting the device's commercial prospects, Apple experts testified. Richard Donaldson, a former lead patents attorney for Texas Instruments Inc, told the court on Friday a 2.4 percent royalty Samsung wanted on the price of the iPhone was discriminatory because the patents in question enabled just a fraction of the smartphone' s features. …
Britain backs Brahimi appointment to Syria role
Britain said Friday it "fully supports" the appointment of veteran Algerian diplomat Lakhdar Brahimi as the new international envoy for the conflict in Syria.
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West Nile found in Maine mosquitoes - San Francisco Chronicle
AUGUSTA, Maine (AP) -- The Maine Department of Health and Human Services is investigating a possible human case of West Nile virus, as well as a possible case of eastern equine encephalitis, also known as EEE. State epidemiologist Dr. Stephen Sears …
Activists get 2 years for anti-Putin church stunt - Businessweek
By By Vladimir Isachenkov on August 17, 2012 MOSCOW (AP) -- Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, …
S. African leader vows probe into police shootings
President Jacob Zuma rushed home from a regional summit Friday and announced an official inquiry into a police shooting of striking miners that left 34 dead and 78 wounded, an incident that police claimed was self-defense despite video recordings suggesting the protesters were not attacking them but running from clouds of tear gas.
Sudan frees U.S. resident after Washington demands release
KHARTOUM (Reuters) – Sudan’s security services have freed a resident of the United States who was arrested just after being released in one of the first trials of people detained in anti-government protests, his lawyer said on Friday. The United States had demanded the release of Radwan Daoud who was re-arrested by security agents on Monday, the same day a judge found him not guilty of the most serious charges against him, which included forming a terrorist organization. …
Hall of Fame baseball player Murray paying $358,000 to settle insider-trade case
WASHINGTON – Hall of Fame baseball player Eddie Murray has agreed to pay US$358,151 to settle federal civil charges of profiting in stock trades by using confidential information passed to him by a former teammate.
Investors take profits on dim Fed outlook : EPFR
NEW YORK (Reuters) – It looks like the summer doldrums may have hit world markets as investors put less money into bond funds than they have been doing and fears over problems in Europe ebbed some, according to data from EPFR Global. Bond funds worldwide had inflows of $4.03 billion during the week ended August 15, down considerably from the $6.7 billion those funds took in during the previous week, the fund-tracking firm said on Friday. Specifically, U.S. bond funds took in $2.73 billion, or about half the amount of new money those same funds took in during the prior week. …
AUGUSTA, Maine (AP) -- The Maine Department of Health and Human Services is investigating a possible human case of West Nile virus, as well as a possible case of eastern equine encephalitis, also known as EEE. State epidemiologist Dr. Stephen Sears …
Activists get 2 years for anti-Putin church stunt - Businessweek
By By Vladimir Isachenkov on August 17, 2012 MOSCOW (AP) -- Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, …
S. African leader vows probe into police shootings
President Jacob Zuma rushed home from a regional summit Friday and announced an official inquiry into a police shooting of striking miners that left 34 dead and 78 wounded, an incident that police claimed was self-defense despite video recordings suggesting the protesters were not attacking them but running from clouds of tear gas.
Sudan frees U.S. resident after Washington demands release
KHARTOUM (Reuters) – Sudan’s security services have freed a resident of the United States who was arrested just after being released in one of the first trials of people detained in anti-government protests, his lawyer said on Friday. The United States had demanded the release of Radwan Daoud who was re-arrested by security agents on Monday, the same day a judge found him not guilty of the most serious charges against him, which included forming a terrorist organization. …
Hall of Fame baseball player Murray paying $358,000 to settle insider-trade case
WASHINGTON – Hall of Fame baseball player Eddie Murray has agreed to pay US$358,151 to settle federal civil charges of profiting in stock trades by using confidential information passed to him by a former teammate.
Investors take profits on dim Fed outlook : EPFR
NEW YORK (Reuters) – It looks like the summer doldrums may have hit world markets as investors put less money into bond funds than they have been doing and fears over problems in Europe ebbed some, according to data from EPFR Global. Bond funds worldwide had inflows of $4.03 billion during the week ended August 15, down considerably from the $6.7 billion those funds took in during the previous week, the fund-tracking firm said on Friday. Specifically, U.S. bond funds took in $2.73 billion, or about half the amount of new money those same funds took in during the prior week. …
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Pussy Riot jail terms condemned as 'disproportionate' - BBC News
Mitt Romney and President Obama fight for edge on Medicare - Newsday
Bondholders, insurers challenge San Bernardino bankruptcy - Reuters
Activists get 2 years for anti-Putin church stunt - The Associated Press
By By VLADIMIR ISACHENKOV, AP - 1 minute ago MOSCOW (AP) -- Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, …
Police Defend Role at South Africa Mine Clash - Wall Street Journal
By DEVON MAYLIE MARIKANA, South Africa--A day after firing live ammunition that killed nearly three dozen striking platinum miners here, South African police sought to justify the use of deadly force, as families searched for lost relatives and the …
New book says Paterno was prodded by family to read Sandusky report
Joe Paterno had to be prodded by his family to read the grand jury report regarding Jerry Sandusky and did not understand some of its graphic terminology, according to a new book.
Blue Jays manager John Farrell dismisses speculation of move to Red Sox
TORONTO – Blue Jays manager John Farrell made it clear that he has no plans to leave Toronto any time soon.
Syria fighting deeply scars Aleppo neighborhoods
Entire neighborhoods of Syria's largest city bear battle scars: buildings toppled by government shells, charred tanks blown up by rebels and trash-strewn no-man's lands where neither side has full control after nearly a month of deadly street battles.
Activists get 2 years for anti-Putin church stunt
Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, a decision that drew protests around the world as it highlighted the Russian president's intensifying crackdown on dissent.
Infiltration or bad blood? Reasons for Afghan forces' attacks on allies offer little comfort
the latest of nine U.S. service personnel gunned down in two weeks by their supposed Afghan allies.
Police find more body parts in Toronto-area river
TORONTO (Reuters) – Police scouring a Toronto-area river and nearby park for body parts discovered two severed hands on Friday, adding to the grisly finds in an investigation that brings to mind another case of dismemberment in Canada this year. The discovery of the hands – one right and one left – follows the finding of a severed female head and a foot with painted toenails this week. All the parts have been found in or along the Credit River in Mississauga, Ontario, a city of 700,000 located just west of Toronto. …
Analysis: U.S. corporate earnings point to further gloom
NEW YORK (Reuters) – Earnings season is drawing to a close and the results raise a number of worrying questions about the economy’s direction. For the second quarter, the percentage of companies beating revenue forecasts was the lowest since 2009. For every company that gave a positive outlook, nearly five companies gave negative outlooks, Thomson Reuters data showed. Third-quarter earnings estimates are down sharply, and now show a year-over-year decline of 1.8 percent, which would be the first quarter of negative growth in three years. …
Egypt's Mursi accused of stifling dissent in media crackdown
CAIRO (Reuters) – A media crackdown in the first month of Mohamed Mursi's rule has raised fears Egypt's Islamist president is moving to stifle criticism of the Muslim Brotherhood. This week, formal accusations by state prosecutors were filed against two journalists, while an issue of the newspaper al-Dostour was confiscated by the state's censorship unit – disappointing those who believed last year's overthrow of President Hosni Mubarak would lead to greater media freedom. …
Mitt Romney and President Obama fight for edge on Medicare - Newsday
Bondholders, insurers challenge San Bernardino bankruptcy - Reuters
Activists get 2 years for anti-Putin church stunt - The Associated Press
By By VLADIMIR ISACHENKOV, AP - 1 minute ago MOSCOW (AP) -- Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, …
Police Defend Role at South Africa Mine Clash - Wall Street Journal
By DEVON MAYLIE MARIKANA, South Africa--A day after firing live ammunition that killed nearly three dozen striking platinum miners here, South African police sought to justify the use of deadly force, as families searched for lost relatives and the …
New book says Paterno was prodded by family to read Sandusky report
Joe Paterno had to be prodded by his family to read the grand jury report regarding Jerry Sandusky and did not understand some of its graphic terminology, according to a new book.
Blue Jays manager John Farrell dismisses speculation of move to Red Sox
TORONTO – Blue Jays manager John Farrell made it clear that he has no plans to leave Toronto any time soon.
Syria fighting deeply scars Aleppo neighborhoods
Entire neighborhoods of Syria's largest city bear battle scars: buildings toppled by government shells, charred tanks blown up by rebels and trash-strewn no-man's lands where neither side has full control after nearly a month of deadly street battles.
Activists get 2 years for anti-Putin church stunt
Three punk rock-style activists who briefly took over a cathedral in a raucous prayer for deliverance from Vladimir Putin were sentenced to two years in prison for hooliganism on Friday, a decision that drew protests around the world as it highlighted the Russian president's intensifying crackdown on dissent.
Infiltration or bad blood? Reasons for Afghan forces' attacks on allies offer little comfort
the latest of nine U.S. service personnel gunned down in two weeks by their supposed Afghan allies.
Police find more body parts in Toronto-area river
TORONTO (Reuters) – Police scouring a Toronto-area river and nearby park for body parts discovered two severed hands on Friday, adding to the grisly finds in an investigation that brings to mind another case of dismemberment in Canada this year. The discovery of the hands – one right and one left – follows the finding of a severed female head and a foot with painted toenails this week. All the parts have been found in or along the Credit River in Mississauga, Ontario, a city of 700,000 located just west of Toronto. …
Analysis: U.S. corporate earnings point to further gloom
NEW YORK (Reuters) – Earnings season is drawing to a close and the results raise a number of worrying questions about the economy’s direction. For the second quarter, the percentage of companies beating revenue forecasts was the lowest since 2009. For every company that gave a positive outlook, nearly five companies gave negative outlooks, Thomson Reuters data showed. Third-quarter earnings estimates are down sharply, and now show a year-over-year decline of 1.8 percent, which would be the first quarter of negative growth in three years. …
Egypt's Mursi accused of stifling dissent in media crackdown
CAIRO (Reuters) – A media crackdown in the first month of Mohamed Mursi's rule has raised fears Egypt's Islamist president is moving to stifle criticism of the Muslim Brotherhood. This week, formal accusations by state prosecutors were filed against two journalists, while an issue of the newspaper al-Dostour was confiscated by the state's censorship unit – disappointing those who believed last year's overthrow of President Hosni Mubarak would lead to greater media freedom. …
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CBS drops lawsuit against ABC over 'Glass House' reality show, citing show's low viewership
LOS ANGELES, Calif. – CBS dropped its lawsuit Friday against ABC over its reality series “The Glass House,” citing the show’s low viewership numbers as a reason it is no longer interested in the case.
Infiltration or bad blood behind Afghan attacks?
The U.S. military trainers handed the new recruit, Mohammad Ismail, his AK-47 to defend his remote Afghan village. He turned around and immediately used it, spraying the Americans with bullets and killing two -- the latest of nine U.S. service personnel gunned down in two weeks by their supposed Afghan allies.
State analysts decrease Hawaii's projected economic growth despite strong tourism industry
HONOLULU, Hawaii – A state report says Hawaii’s economy is expected to see only modest growth for the rest of 2012 and 2013, despite a strong tourism industry.
Strategic Hotels reaches deal to buy NYC's Essex House Hotel for about $362.3M
CHICAGO – Strategic Hotels & Resorts Inc. said Friday that it reached a deal to buy New York City’s Essex House Hotel from the Dubai Investment Group for about $362.3 million.
American Airlines renews push to void pilot contracts
(Reuters) – The parent of American Airlines on Friday renewed its push to void its collective bargaining agreement with its pilots’ union, two days after a federal bankruptcy judge rejected an earlier effort. U.S. Bankruptcy Judge Sean Lane in Manhattan, who oversees the Chapter 11 proceedings of American Airlines’ parent AMR Corp , had objected to what he called the carrier’s proposed “unfettered discretion” under its earlier proposal to temporarily lay off pilots and engage in code-sharing. …
American Airlines goes back to bankruptcy court in bid to cancel contract with union pilots
DALLAS – American Airlines is going back to court to throw out its contract with union pilots after making changes to satisfy the bankruptcy judge.
South Sudan says China to help build new airport in Juba
JUBA (Reuters) – South Sudan said on Friday China would help build a new airport in the capital Juba, completing a project that has highlighted the government’s struggle to execute infrastructure projects. South Sudan has been trying to build up efficient state institutions and start development despite netting in billions of dollars in oil revenues since a 2005 peace agreement with Sudan. The government had planned to have a new airport terminal ready for independence celebrations in July 2011 but works have been hampered for years by funding problems and poor planning. …
Israel strike on Iran would be disaster: Netanyahu's ex-deputy
JERUSALEM (Reuters) – A former deputy of Israeli Prime Minister Benjamin Netanyahu said on Friday a pre-emptive military strike against Iran over its nuclear program could embroil Israel in a “disastrous war”. Shaul Mofaz, a parliamentary opposition leader who quit Netanyahu’s cabinet last month where he served as vice premier, said on Israeli television he thought Israel was “planning a hasty, irresponsible event”. …
New Syrian envoy 'humbled' by appointment
The new peace envoy to Syria, Lakhdar Brahimi, says talking about a military option is akin to admitting diplomatic failure.
World No.1 copper mine Escondida H1 output up 18 percent
SANTIAGO (Reuters) – Output from the world’s largest copper mine, Chile’s Escondida, jumped 18 percent in the first half of the year compared with the same period of 2011, to 533,242 tonnes on higher ore grades, mine activity and cathode output, the mine said on Friday. Escondida, which is majority-owned by global miner BHP Billiton and extracts about 7 percent of the world’s copper, this year has increased its copper output every month compared to the previous month, according to Chile’s state copper commission Cochilco. …
Rare wildfires threaten Canadian polar bear habitat
WASHINGTON (Reuters) – Wildfires sparked by lightning near Canada's Hudson Bay are threatening the habitat of polar bears, encroaching on the old tree roots and frozen soil where females make their dens, a conservation expert on the big, white bears said on Thursday. Polar bears are more typically threatened by the melting of sea ice, which they use as platforms for hunting seals, their main prey. But those who live near Hudson Bay spend their summers resting up on shore when the bay thaws, living in dens dug in the frozen soil among the roots of stunted spruce trees. …
Silvercorp's legal attack on hedge fund dismissed
NEW YORK (Reuters) – A New York state judge threw out a lawsuit filed by Vancouver-based Silvercorp Metals Inc against investors who raised questions of potential accounting fraud and misstatements of assets. New York state Supreme Court Justice Carol Edmead dismissed a defamation complaint brought by Silvercorp , a China-focused mining company, against New York-based hedge fund Anthion Management, court documents showed on Friday. The case relates to a 14-page dossier sent anonymously to Canadian securities regulators and select news organizations, including Reuters, on August 29, 2011. …
Spain complains to Britain in Gibraltar fishing row
Spain made a formal complaint to Britain Friday in a simmering dispute over fishing off the territory of Gibraltar.
Baseball star Eddie Murray settles SEC insider trading charges
NEW YORK (Reuters) – The Securities and Exchange Commission on Friday announced insider trading charges against retired baseball player Eddie Murray and two others for buying shares of the California medical device company Advanced Medical Optics ahead of a public takeover bid by Abbott Laboratories. The SEC also filed charges against James V. Mazzo, who was the CEO of Advanced Medical Optics at the time of the bid, and a Utah businessman David Parker, according to an SEC statement. Murray agreed to settle the charges. The cases against Mazzo and Parker remain open, according to the statement. …
Caisse generates positive returns in first half of year
TORONTO (Reuters) – Caisse de dépôt et placement du Québec, which manages major pension plans in the mostly French-speaking Canadian province, said on Friday it generated positive returns in the first half of 2012 despite turbulent markets and global economic malaise. Montreal-based Caisse’s net assets were C$165.7 billion ($165.7 billion) as of June 30, up from C$159 billion on December 31, 2011. During the six months, Caisse earned a 3.5 percent weighted average return on depositor funds. Depositors made a net contribution of C$1.4 billion in the period. …
Gaza Salafists slam Hamas for post-Sinai attack crackdown
A Salafist official accused Gaza's Hamas rulers on Friday of arresting an activist wounded in an Israeli air raid as part of a crackdown since the deadly Sinai attack on August 5.
Israel finds rocket shrapnel near Egypt border
JERUSALEM (Reuters) – Israeli forces discovered the remnants of a rocket on Friday near the border with Egypt, two days after two explosions shook the area in a suspected cross-border shooting. A military spokesman said “the remains of a rocket were found in the hills near Eilat”, a southern Red Sea resort town wedged between Jordan and Egypt. The site where the shrapnel was found was closer to the Egyptian frontier, which has grown tense with a rise in rocket strikes and other violence since Israel’s ally, Hosni Mubarak, was toppled by a popular revolt last year. …
Analysis: Natgas writedowns signal bank squeeze on spending
(Reuters) – Huge writedowns on natural gas fields point to cuts to come in oil and gas producers’ reserves from untapped fields at the end of this year, which will constrain their ability to borrow and may herald more asset sales. Bank loans are a lifeline for the many smaller U.S. exploration and production (E&P) companies that rely on debt to cover their drilling costs. Several indebted producers, under pressure from low gas prices, took writedowns on the value of gas still underground because prices are down by a third from last year. Ultra Petroleum Corp took a writedown of $1. …
Somali president hits back against U.N. graft charges
MOGADISHU (Reuters) – Somalia's president dismissed a U.N. report that accused senior leaders of corruption and defended his record as he campaigned for re-election in a landmark vote. Sheikh Sharif Ahmed, who took over as head of a Western-backed transitional government in 2009, also promised he would step down if he lost – in an apparent answer to some critics who are concerned he could be planning to cling on to power. …
LOS ANGELES, Calif. – CBS dropped its lawsuit Friday against ABC over its reality series “The Glass House,” citing the show’s low viewership numbers as a reason it is no longer interested in the case.
Infiltration or bad blood behind Afghan attacks?
The U.S. military trainers handed the new recruit, Mohammad Ismail, his AK-47 to defend his remote Afghan village. He turned around and immediately used it, spraying the Americans with bullets and killing two -- the latest of nine U.S. service personnel gunned down in two weeks by their supposed Afghan allies.
State analysts decrease Hawaii's projected economic growth despite strong tourism industry
HONOLULU, Hawaii – A state report says Hawaii’s economy is expected to see only modest growth for the rest of 2012 and 2013, despite a strong tourism industry.
Strategic Hotels reaches deal to buy NYC's Essex House Hotel for about $362.3M
CHICAGO – Strategic Hotels & Resorts Inc. said Friday that it reached a deal to buy New York City’s Essex House Hotel from the Dubai Investment Group for about $362.3 million.
American Airlines renews push to void pilot contracts
(Reuters) – The parent of American Airlines on Friday renewed its push to void its collective bargaining agreement with its pilots’ union, two days after a federal bankruptcy judge rejected an earlier effort. U.S. Bankruptcy Judge Sean Lane in Manhattan, who oversees the Chapter 11 proceedings of American Airlines’ parent AMR Corp , had objected to what he called the carrier’s proposed “unfettered discretion” under its earlier proposal to temporarily lay off pilots and engage in code-sharing. …
American Airlines goes back to bankruptcy court in bid to cancel contract with union pilots
DALLAS – American Airlines is going back to court to throw out its contract with union pilots after making changes to satisfy the bankruptcy judge.
South Sudan says China to help build new airport in Juba
JUBA (Reuters) – South Sudan said on Friday China would help build a new airport in the capital Juba, completing a project that has highlighted the government’s struggle to execute infrastructure projects. South Sudan has been trying to build up efficient state institutions and start development despite netting in billions of dollars in oil revenues since a 2005 peace agreement with Sudan. The government had planned to have a new airport terminal ready for independence celebrations in July 2011 but works have been hampered for years by funding problems and poor planning. …
Israel strike on Iran would be disaster: Netanyahu's ex-deputy
JERUSALEM (Reuters) – A former deputy of Israeli Prime Minister Benjamin Netanyahu said on Friday a pre-emptive military strike against Iran over its nuclear program could embroil Israel in a “disastrous war”. Shaul Mofaz, a parliamentary opposition leader who quit Netanyahu’s cabinet last month where he served as vice premier, said on Israeli television he thought Israel was “planning a hasty, irresponsible event”. …
New Syrian envoy 'humbled' by appointment
The new peace envoy to Syria, Lakhdar Brahimi, says talking about a military option is akin to admitting diplomatic failure.
World No.1 copper mine Escondida H1 output up 18 percent
SANTIAGO (Reuters) – Output from the world’s largest copper mine, Chile’s Escondida, jumped 18 percent in the first half of the year compared with the same period of 2011, to 533,242 tonnes on higher ore grades, mine activity and cathode output, the mine said on Friday. Escondida, which is majority-owned by global miner BHP Billiton and extracts about 7 percent of the world’s copper, this year has increased its copper output every month compared to the previous month, according to Chile’s state copper commission Cochilco. …
Rare wildfires threaten Canadian polar bear habitat
WASHINGTON (Reuters) – Wildfires sparked by lightning near Canada's Hudson Bay are threatening the habitat of polar bears, encroaching on the old tree roots and frozen soil where females make their dens, a conservation expert on the big, white bears said on Thursday. Polar bears are more typically threatened by the melting of sea ice, which they use as platforms for hunting seals, their main prey. But those who live near Hudson Bay spend their summers resting up on shore when the bay thaws, living in dens dug in the frozen soil among the roots of stunted spruce trees. …
Silvercorp's legal attack on hedge fund dismissed
NEW YORK (Reuters) – A New York state judge threw out a lawsuit filed by Vancouver-based Silvercorp Metals Inc against investors who raised questions of potential accounting fraud and misstatements of assets. New York state Supreme Court Justice Carol Edmead dismissed a defamation complaint brought by Silvercorp , a China-focused mining company, against New York-based hedge fund Anthion Management, court documents showed on Friday. The case relates to a 14-page dossier sent anonymously to Canadian securities regulators and select news organizations, including Reuters, on August 29, 2011. …
Spain complains to Britain in Gibraltar fishing row
Spain made a formal complaint to Britain Friday in a simmering dispute over fishing off the territory of Gibraltar.
Baseball star Eddie Murray settles SEC insider trading charges
NEW YORK (Reuters) – The Securities and Exchange Commission on Friday announced insider trading charges against retired baseball player Eddie Murray and two others for buying shares of the California medical device company Advanced Medical Optics ahead of a public takeover bid by Abbott Laboratories. The SEC also filed charges against James V. Mazzo, who was the CEO of Advanced Medical Optics at the time of the bid, and a Utah businessman David Parker, according to an SEC statement. Murray agreed to settle the charges. The cases against Mazzo and Parker remain open, according to the statement. …
Caisse generates positive returns in first half of year
TORONTO (Reuters) – Caisse de dépôt et placement du Québec, which manages major pension plans in the mostly French-speaking Canadian province, said on Friday it generated positive returns in the first half of 2012 despite turbulent markets and global economic malaise. Montreal-based Caisse’s net assets were C$165.7 billion ($165.7 billion) as of June 30, up from C$159 billion on December 31, 2011. During the six months, Caisse earned a 3.5 percent weighted average return on depositor funds. Depositors made a net contribution of C$1.4 billion in the period. …
Gaza Salafists slam Hamas for post-Sinai attack crackdown
A Salafist official accused Gaza's Hamas rulers on Friday of arresting an activist wounded in an Israeli air raid as part of a crackdown since the deadly Sinai attack on August 5.
Israel finds rocket shrapnel near Egypt border
JERUSALEM (Reuters) – Israeli forces discovered the remnants of a rocket on Friday near the border with Egypt, two days after two explosions shook the area in a suspected cross-border shooting. A military spokesman said “the remains of a rocket were found in the hills near Eilat”, a southern Red Sea resort town wedged between Jordan and Egypt. The site where the shrapnel was found was closer to the Egyptian frontier, which has grown tense with a rise in rocket strikes and other violence since Israel’s ally, Hosni Mubarak, was toppled by a popular revolt last year. …
Analysis: Natgas writedowns signal bank squeeze on spending
(Reuters) – Huge writedowns on natural gas fields point to cuts to come in oil and gas producers’ reserves from untapped fields at the end of this year, which will constrain their ability to borrow and may herald more asset sales. Bank loans are a lifeline for the many smaller U.S. exploration and production (E&P) companies that rely on debt to cover their drilling costs. Several indebted producers, under pressure from low gas prices, took writedowns on the value of gas still underground because prices are down by a third from last year. Ultra Petroleum Corp took a writedown of $1. …
Somali president hits back against U.N. graft charges
MOGADISHU (Reuters) – Somalia's president dismissed a U.N. report that accused senior leaders of corruption and defended his record as he campaigned for re-election in a landmark vote. Sheikh Sharif Ahmed, who took over as head of a Western-backed transitional government in 2009, also promised he would step down if he lost – in an apparent answer to some critics who are concerned he could be planning to cling on to power. …
seenewstoday.com : Top News updates
Russia's female punk band protesters sentenced to two years - Reuters
By Timothy Heritage and Maria Tsvetkova | MOSCOW (Reuters) – Three women from the Russian punk band Pussy Riot were sentenced to two years in jail on Friday for their protest in a church against President Vladimir Putin, an outcome supporters described …
Romney, Obama teams clash over tax returns - Chicago Tribune
WASHINGTON (Reuters) – President Barack Obama's re-election campaign said on Friday that if Mitt Romney releases five years of his tax returns, it would not press the Republican presidential challenger to release more – a proposal quickly rejected by …
West Nile spraying slowed by rain; officials stay determined - Los Angeles Times
Diaspora doctors heed homeland calling on Aleppo front line
A few days ago, Hazem left his wife and 11-month-old son in England and flew to Turkey with another Syrian-born doctor from Manchester to offer help on the front line in Aleppo.
DR Congo intervention force to have 4,000 troops: minister
An international military intervention planned for the Democratic Republic of Congo's restive east would have 4,000 troops from different African countries, Defence Minister Alexandre Luba Ntambo said Friday.
Israeli opposition: Solo Iran strike ineffective
Israel’s opposition leader Shaul Mofaz says an Israeli strike on Iran’s nuclear sites would be ineffective without U.S. support.
Russian sentence on Pussy Riot 'disproportionate': Britain
Britain added its voice to the international chorus of criticism of Russia on Friday after a court jailed three members of punk band Pussy Riot for criticising President Vladimir Putin.
British threats in WikiLeaks case 'stupid' - expert
Britain is considering using an obscure law to extract Julian Assange from Ecuador's embassy in London, but law experts say the possibility is slim — and one says London's actions are "stupid".
Hundreds hold Quds Day rally in Gaza
Hundreds of Palestinians held a protest in the Gaza Strip Friday against Israel and its hold over Jerusalem on the annual Iranian-inspired Quds (Jerusalem) Day.
Philippine rights chief urges 'death squad' probe
The Philippines' human rights chief called on Friday for a political ally of President Benigno Aquino to be investigated over a vigilante "death squad" that carried out hundreds of killings.
U.S. faces stiff opposition to emergency oil release plans
HOUSTON (Reuters) – President Barack Obama faced stiff resistance to the possibility of releasing emergency oil reserves to damp down prices on Friday, with key Asian allies and the head of the West’s energy agency rejecting any need for action. A day after Reuters reported that the White House was “dusting off” plans for potentially tapping the Strategic Petroleum Reserve (SPR), the executive director of the International Energy Agency, Maria van der Hoeven, was blunt in her assessment: “There is no reason for a release.” The IEA “bases our actions on data and reality. …
JPMorgan loan growth drive leads to BofA territory
CHARLOTTE, North Carolina (Reuters) – JPMorgan Chase & Co this week added a team of commercial bankers in Charlotte, North Carolina, the hometown of its rival Bank of America Corp , as it seeks growth in territory where it doesn’t have branches. Commercial banking isn’t the biggest revenue generator for JPMorgan, but it is an increasingly important source of earnings growth for the largest U.S. bank, as companies expand their borrowing at a rapid clip. …
Syria's battling economy may hold on with help from friends
The Syrian economy has been hit hard by more than 17 months of revolt but may still hold on despite international sanctions with the help of friendly countries such as Russia, Iran and Iraq, experts say.
Lonmin pledges to bury S.African mineworkers, aid families
Lonmin, the world's number three platinum producer, on Friday pledged to help identify and bury 34 mineworkers killed by police during a protest over wages, the deadliest since the end of apartheid.
Tokyo's anti-nuclear protesters remember WWII
Japanese anti-nuclear demonstrators on Friday recounted the horror of World War II, days after the region marked Tokyo’s surrender nearly seven decades earlier.
Caterpillar workers ratify new contract, ending strike
(Reuters) – Caterpillar Inc , the world’s largest maker of construction equipment, said Friday about 800 workers at a plant in Joliet, Illinois, have ratified a six-year labor agreement, ending a nearly four-month strike. Caterpillar said it more than tripled the bonus offered to union members for ratifying the deal, to $3,100 per member. Striking workers will begin returning to work next week, company spokesman Rusty Dunn said. …
Hezbollah says can make Israeli lives 'hell'
Lebanese Shiite militant group Hezbollah will transform the lives of Israelis to "hell" if Israel attacks Lebanon, its leader said on Friday, adding that the group would not hesitate to hit targets that would leave tens of thousands of Israelis dead.
Syrian protesters lash out over regime onslaughts
Syrians took to the streets of the northern rebel-held town of Marea after weekly Muslim prayers on Friday, lashing out angrily as the regime's bloody onslaught shows no sign of abating.
In UK threat to Ecuador, experts see mistake
It was a warning meant to remind Ecuador that Britain's patience has limits. But as the stalemate over Julian Assange settled in Friday, it appeared London's veiled threat that it could storm Ecuador's embassy and drag Assange out has backfired -- drawing supporters to the mission where the WikiLeaks founder is holed up and prompting angry denunciations from Ecuador and elsewhere.
Peregrine CEO pleads not guilty to lying to regulators
CEDAR RAPIDS, Iowa/CHICAGO (Reuters) – Russell Wasendorf Sr., chief executive of failed futures brokerage Peregrine Financial Group, pleaded not guilty to lying to federal regulators on Friday. The widely expected move likely sets the stage for an eventual plea agreement, legal observers said, after Wasendorf confessed last month to bilking his customers out of millions of dollars. …
Spain's Ferrovial to sell BAA stake to Qatar Holding
The Spanish construction group Ferrovial said Friday it will sell off a further 10-percent stake in British airport operator BAA which controls London's Heathrow airport.
Calm returns to Gabon, opposition vows to fight on
Calm returned to Gabon's capital Friday as the nation celebrated its independence day, though opposition supporters vowed to continue their campaign to oust President Ali Bongo Ondimba.
White House says Obama 'disappointed' by verdict against Russian punk band
WASHINGTON – A White House spokesman says President Barack Obama is disappointed by the two-year prison sentence imposed on a punk band in Russia for protesting president Vladimir Putin.
By Timothy Heritage and Maria Tsvetkova | MOSCOW (Reuters) – Three women from the Russian punk band Pussy Riot were sentenced to two years in jail on Friday for their protest in a church against President Vladimir Putin, an outcome supporters described …
Romney, Obama teams clash over tax returns - Chicago Tribune
WASHINGTON (Reuters) – President Barack Obama's re-election campaign said on Friday that if Mitt Romney releases five years of his tax returns, it would not press the Republican presidential challenger to release more – a proposal quickly rejected by …
West Nile spraying slowed by rain; officials stay determined - Los Angeles Times
Diaspora doctors heed homeland calling on Aleppo front line
A few days ago, Hazem left his wife and 11-month-old son in England and flew to Turkey with another Syrian-born doctor from Manchester to offer help on the front line in Aleppo.
DR Congo intervention force to have 4,000 troops: minister
An international military intervention planned for the Democratic Republic of Congo's restive east would have 4,000 troops from different African countries, Defence Minister Alexandre Luba Ntambo said Friday.
Israeli opposition: Solo Iran strike ineffective
Israel’s opposition leader Shaul Mofaz says an Israeli strike on Iran’s nuclear sites would be ineffective without U.S. support.
Russian sentence on Pussy Riot 'disproportionate': Britain
Britain added its voice to the international chorus of criticism of Russia on Friday after a court jailed three members of punk band Pussy Riot for criticising President Vladimir Putin.
British threats in WikiLeaks case 'stupid' - expert
Britain is considering using an obscure law to extract Julian Assange from Ecuador's embassy in London, but law experts say the possibility is slim — and one says London's actions are "stupid".
Hundreds hold Quds Day rally in Gaza
Hundreds of Palestinians held a protest in the Gaza Strip Friday against Israel and its hold over Jerusalem on the annual Iranian-inspired Quds (Jerusalem) Day.
Philippine rights chief urges 'death squad' probe
The Philippines' human rights chief called on Friday for a political ally of President Benigno Aquino to be investigated over a vigilante "death squad" that carried out hundreds of killings.
U.S. faces stiff opposition to emergency oil release plans
HOUSTON (Reuters) – President Barack Obama faced stiff resistance to the possibility of releasing emergency oil reserves to damp down prices on Friday, with key Asian allies and the head of the West’s energy agency rejecting any need for action. A day after Reuters reported that the White House was “dusting off” plans for potentially tapping the Strategic Petroleum Reserve (SPR), the executive director of the International Energy Agency, Maria van der Hoeven, was blunt in her assessment: “There is no reason for a release.” The IEA “bases our actions on data and reality. …
JPMorgan loan growth drive leads to BofA territory
CHARLOTTE, North Carolina (Reuters) – JPMorgan Chase & Co this week added a team of commercial bankers in Charlotte, North Carolina, the hometown of its rival Bank of America Corp , as it seeks growth in territory where it doesn’t have branches. Commercial banking isn’t the biggest revenue generator for JPMorgan, but it is an increasingly important source of earnings growth for the largest U.S. bank, as companies expand their borrowing at a rapid clip. …
Syria's battling economy may hold on with help from friends
The Syrian economy has been hit hard by more than 17 months of revolt but may still hold on despite international sanctions with the help of friendly countries such as Russia, Iran and Iraq, experts say.
Lonmin pledges to bury S.African mineworkers, aid families
Lonmin, the world's number three platinum producer, on Friday pledged to help identify and bury 34 mineworkers killed by police during a protest over wages, the deadliest since the end of apartheid.
Tokyo's anti-nuclear protesters remember WWII
Japanese anti-nuclear demonstrators on Friday recounted the horror of World War II, days after the region marked Tokyo’s surrender nearly seven decades earlier.
Caterpillar workers ratify new contract, ending strike
(Reuters) – Caterpillar Inc , the world’s largest maker of construction equipment, said Friday about 800 workers at a plant in Joliet, Illinois, have ratified a six-year labor agreement, ending a nearly four-month strike. Caterpillar said it more than tripled the bonus offered to union members for ratifying the deal, to $3,100 per member. Striking workers will begin returning to work next week, company spokesman Rusty Dunn said. …
Hezbollah says can make Israeli lives 'hell'
Lebanese Shiite militant group Hezbollah will transform the lives of Israelis to "hell" if Israel attacks Lebanon, its leader said on Friday, adding that the group would not hesitate to hit targets that would leave tens of thousands of Israelis dead.
Syrian protesters lash out over regime onslaughts
Syrians took to the streets of the northern rebel-held town of Marea after weekly Muslim prayers on Friday, lashing out angrily as the regime's bloody onslaught shows no sign of abating.
In UK threat to Ecuador, experts see mistake
It was a warning meant to remind Ecuador that Britain's patience has limits. But as the stalemate over Julian Assange settled in Friday, it appeared London's veiled threat that it could storm Ecuador's embassy and drag Assange out has backfired -- drawing supporters to the mission where the WikiLeaks founder is holed up and prompting angry denunciations from Ecuador and elsewhere.
Peregrine CEO pleads not guilty to lying to regulators
CEDAR RAPIDS, Iowa/CHICAGO (Reuters) – Russell Wasendorf Sr., chief executive of failed futures brokerage Peregrine Financial Group, pleaded not guilty to lying to federal regulators on Friday. The widely expected move likely sets the stage for an eventual plea agreement, legal observers said, after Wasendorf confessed last month to bilking his customers out of millions of dollars. …
Spain's Ferrovial to sell BAA stake to Qatar Holding
The Spanish construction group Ferrovial said Friday it will sell off a further 10-percent stake in British airport operator BAA which controls London's Heathrow airport.
Calm returns to Gabon, opposition vows to fight on
Calm returned to Gabon's capital Friday as the nation celebrated its independence day, though opposition supporters vowed to continue their campaign to oust President Ali Bongo Ondimba.
White House says Obama 'disappointed' by verdict against Russian punk band
WASHINGTON – A White House spokesman says President Barack Obama is disappointed by the two-year prison sentence imposed on a punk band in Russia for protesting president Vladimir Putin.
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