While others woo Fla., Paul plans to rack up delegates
2012-01-27T22:33:24Z
When asked in front of a national audience this week to defend his ability to win the 2012 Republican presidential nomination, Ron Paul responded by emphasizing the real contest: the race for delegates. "The delegates [are] what counts," Paul said at the NBC presidential debate in Tampa, Fla., after noting that the Iowa caucuses (in which [...]
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Fitch downgrades 5 euro zone nations
2012-01-27T21:05:09Z
NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the near-term to monetary and financial shocks. "Consequently, these sovereigns do not, in Fitch's view, accrue the full benefits of the euro's reserve currency status," it said. ...
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"Barefoot Bandit" gets 6 1/2 year sentence
2012-01-27T20:28:18+00:00
A federal judge in Seattle sentenced the "Barefoot Bandit" to the maximum six and a half years in prison for a string of thefts and burglaries after the 20-year-old bragged to friends in emails from jail that prosecutors were fools and he'd emerge unscathed.
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Rubio condemns "inexcusable" rhetoric
2012-01-27T19:48:46Z
Marco Rubio condemned unnamed members of his own party Friday for using "inexcusable" rhetoric about illegal immigrants. "For those of us who come from the conservative movement, we must admit that there are those among us who have used rhetoric that is harsh and intolerable, inexcusable," Rubio said at a conference for the conservative Hispanic Leadership [...]
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Fading Gingrich behind in new poll, hits Romney in ad
2012-01-27T20:57:02Z
MIAMI (Reuters) - Newt Gingrich struggled to regain momentum in the race for the Republican U.S. presidential nomination on Friday as another poll showed him falling behind his main rival Mitt Romney, who was seen as the winner of the final debate before the Florida primary. The two men courted Florida's sizable Hispanic vote, many of them Cubans, with appearances on Friday at the Hispanic Leadership Network where Romney received an unusually warm reception and the reaction to Gingrich was more sedate. ...
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Iran hits back at EU with own oil embargo threat
2012-01-27T22:20:08Z
TEHRAN (Reuters) - Fighting sanctions with sanctions in a test of strength with the West over its nuclear ambitions, Iran warned on Friday it may halt oil exports to Europe next week in a move calculated to hurt ailing European economies. The Tehran government grappling with its own economic crisis under Western trade and banking embargoes, will host a rare visit on Sunday by U.N. nuclear inspectors for talks that the ruling clergy may hope can relieve diplomatic pressure as they struggle to bolster public support. Since the U.N. ...
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Growth quickens, but speed bumps ahead
2012-01-27T22:26:48Z
WASHINGTON (Reuters) - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012. Gross domestic product expanded at a 2.8 percent annual rate, the Commerce Department said on Friday, a sharp acceleration from the 1.8 percent in the prior three months. It was, however, a touch below economists expectations in a Reuters poll for a 3 percent rate, and two-thirds of the increase was due to the build-up in business inventories. ...
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Lego man in space moves the Web
2012-01-27T23:01:22Z
Two teens from Toronto successfully launched a Lego figure into near space -- and launched a storm of interest on the Web. Mathew Ho and Asad Muhammad, 17-year-old classmates at Agincourt Collegiate Institute, took four months, many Saturdays, and $400 to carry a Lego figurine and four cameras miles above the earth, a project that [...]
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Long road ahead for Conn. home invasion survivor
2012-01-27T23:23:05+00:00
How does a man move on with his life after losing his wife and daughters to two ruthless home invaders who tormented, then killed them?
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Calif. passes sweeping new auto-emission rules
2012-01-27T21:16:13Z
Seeking to influence other states and Washington, California air regulators passed sweeping auto emission standards Friday that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
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Australian Politician Attacks Rival with Plagiarized Speech from American Movie
2012-01-27T17:03:52Z
"Like" us on Facebook.com/TrendingNow and follow me on Twitter @Knowlesitall! Politicians give speeches all the time. It just comes with the territory. Often, they employ speech writers whose only job is to prepare and write clear messages that are structured with certain themes and positions the person reading the speech wants to articulate. But, what [...]
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In Facebook IPO, bankers seek prestige over fees
2012-01-27T22:15:31Z
(Reuters) - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. The world's largest online social network is expected to tap public markets for $10 billion in the coming months in an offering that will value the company at up to $100 billion, according to sources familiar with the planned IPO. It will be one of the biggest U.S. market debuts ever, and a prized trophy for the investment bankers seeking to win lead advisory roles. ...
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In retiree-heavy Florida, health reform not a popular topic
2012-01-27T21:08:49Z
PALM HARBOR, Florida (Reuters) - There's one small-government idea that Republican presidential candidates are reluctant to discuss in this retiree-heavy state: their plans to rein in health care costs for the elderly. Newt Gingrich and Mitt Romney, front-runners for the Republican nomination to face Democratic President Barack Obama on November 6, both support reforms to the Medicare government health insurance program for the elderly that could help set federal spending on a sustainable course. ...
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"Punishing" iPhone factories: Will Apple customers care?
2012-01-27T21:28:50+00:00
The New York Times delivers another exposé on Apple's Chinese manufacturing practices, focusing on the human costs behind iPhones and iPads. Backlash, anyone?
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Twitter now lets governments decide suitable content
2012-01-27T18:57:20Z
Twitter announced a major change to its censorship policy Thursday to allow the social media service to choose which tweets are seen in which countries. Though it has yet to use the ability, Twitter says it can now "reactively withhold content from ? Continue reading ?
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Newly discovered color photos from inside Hitler?s private home
2012-01-27T23:52:16+00:00
Several never-before-seen photographs have emerged from Adolf Hitler's personal photographer, giving a first time look at Hitler's Berlin apartment and Bavarian estate. The Mirror reports that photographer Hugo Jaeger was one of the few photographers working with color photography at the time and was granted access to Hitler's living and study quarters, showing artwork and [...]
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Iowa lottery probe stretches from NY to Central America
2012-01-27T22:01:31+00:00
Criminal investigators looking into the suspicious circumstances behind a now-withdrawn claim for a $14.3 million Iowa Lottery jackpot will have numerous layers of complexity to unravel, stretching from a wealthy New York suburb to Central America, observers said Friday.
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Actress' claim to be gay by choice riles activists
2012-01-27T23:17:27Z
Cynthia Nixon learned the hard way this week that when it comes to gay civil rights, the personal is always political. Very political.
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Girl orders terrorism textbook online, gets bag of cocaine
2012-01-27T18:07:22Z
All Sophia Stockton wanted from Amazon was a textbook for one of her classes. Little did she know that it was going to be shipped to her with something extra on the side. Leafing through the pages of her new book, she ? Continue reading ?
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Column: Stop shrieking about women's tennis noise
2012-01-27T21:28:09Z
On serve and when whipping his forehand, Novak Djokovic's grunt is that of a bullfrog, "WooooAH-UH." Rafael Nadal goes for a throatier, "AAArrgggHH." Occasionally, Andy Murray offers up a more hushed, constricted, "Eeeeeehhh." From Roger Federer, of course, we tend to get the sound of silence.
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Bus-sized asteroid shaves by Earth
2012-01-27T23:38:36Z
An asteroid about the size of a bus shaved by Earth on Friday in what spacewatchers described as a "near-miss," though experts were not concerned about the possibility of an impact.
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Video: Amazing animal architects
2012-01-27T06:00:00Z
Size doesn't matter: a small spider builds the world's biggest webs. Many of the animal kingdom's most amazing architects are tiny creatures -- including a few who make structures visible from space.
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Fitch downgrades 5 euro zone nations
2012-01-27T21:05:09Z
NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the near-term to monetary and financial shocks. "Consequently, these sovereigns do not, in Fitch's view, accrue the full benefits of the euro's reserve currency status," it said. ...
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Growth quickens, but speed bumps ahead
2012-01-27T22:26:48Z
WASHINGTON (Reuters) - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012. Gross domestic product expanded at a 2.8 percent annual rate, the Commerce Department said on Friday, a sharp acceleration from the 1.8 percent in the prior three months. It was, however, a touch below economists expectations in a Reuters poll for a 3 percent rate, and two-thirds of the increase was due to the build-up in business inventories. ...
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Subpoenas issued to financial firms in expanded probe
2012-01-27T23:57:22Z
WASHINGTON (Reuters) - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday. Holder declined to provide specifics, including the names of the firms. "We are wasting no time in aggressively pursuing any and all leads," Holder said at a news conference announcing details of a new working group to investigate misconduct in the residential mortgage-backed securities (RMBS) market, "you can expect more to follow. ...
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Greece, creditors laboriously piece together debt deal
2012-01-27T23:37:55Z
ATHENS (Reuters) - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. After weeks of muddling through round after round of inconclusive talks, the negotiations appear to be in their final phase with both sides hoping to secure a preliminary deal before Monday's summit of euro zone leaders. ...
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In Facebook IPO, bankers seek prestige over fees
2012-01-27T22:15:31Z
(Reuters) - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. The world's largest online social network is expected to tap public markets for $10 billion in the coming months in an offering that will value the company at up to $100 billion, according to sources familiar with the planned IPO. It will be one of the biggest U.S. market debuts ever, and a prized trophy for the investment bankers seeking to win lead advisory roles. ...
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Apple not turning "blind eye" to supply chain problems: CEO
2012-01-27T22:16:21Z
SAN FRANCISCO (Reuters) - Apple Inc has never turned "a blind eye" to the problems in its supply chain and any suggestion it does not care about the plight of workers is "patently false," Apple Chief Executive Tim Cook said in an email to employees. Cook was responding to a report in The New York Times about working conditions at Apple's main contract manufacturer, Foxconn, in China, an issue that for years has been a thorn in the company's side. Apple responded in the past by launching independent audits and publishing the results. ...
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Obama seeks to rally Democrats to election-year fight
2012-01-27T22:16:42Z
CAMBRIDGE, Maryland (Reuters) - President Barack Obama vowed on Friday to push back hard against Republicans who try to obstruct his election-year proposals on taxes and jobs, as he sought to rally congressional Democrats and move past a period of strained relations. Wrapping up a cross-country tour to promote a populist agenda laid out in this week's State of the Union address, Obama hammered home a reelection campaign appeal for greater economic fairness and called on fellow Democrats to close ranks with him. ...
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Ford hit by commodity costs, international woes
2012-01-27T22:16:57Z
(Reuters) - Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations. The No. 2 U.S. automaker's losses in Europe nearly quadrupled during the quarter as the economy suffered amid the ongoing debt crisis. Flooding in Thailand led to a loss in Asia, and increased competition blunted profits in South America. ...
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Syria violence kills 37, U.N. Security Council to meet
2012-01-27T22:22:36Z
AMMAN (Reuters) - Security forces killed 37 people in Syria on Friday, activists and residents said, as people in Homs mourned 14 members of a family they said were slain by militiamen in one of the worst sectarian attacks in a revolt against President Bashar al-Assad. The U.N. Security Council was to meet later in the day to discuss Syria before a possible vote next week on a new Western-Arab draft resolution aimed at halting 10 months of bloodshed. ...
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Romney puts Gingrich on defensive in Florida debate
2012-01-27T22:15:14Z
JACKSONVILLE, Florida (Reuters) - Republican presidential hopeful Mitt Romney took the fight to chief rival Newt Gingrich on Thursday in his most aggressive debate performance yet, five days ahead of Florida's primary vote. A neck-and-neck race for Florida and its importance for the Republican presidential nomination made for a combustible atmosphere at the University of North Florida in Jacksonville as the candidates sparred repeatedly. ...
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Children among 74 dead in 2 days of Syrian turmoil
2012-01-27T20:41:36Z
Two days of bloody turmoil in Syria killed at least 74 people, including small children, as forces loyal to President Bashar Assad shelled residential buildings and fired on crowds in a dramatic escalation of violence, activists said Friday.
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Romney, Gingrich focus on Hispanic voters in Fla.
2012-01-28T00:47:47Z
Newt Gingrich and Mitt Romney urged conservatives to back off aggressive anti-immigration policies as the Republican presidential candidates vied for Hispanic votes Friday, a day marked by heightened tensions entering the final weekend before Florida's primary.
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Obama 'putting colleges on notice' on high tuition
2012-01-27T21:54:40Z
President Barack Obama fired a warning at the nation's colleges and universities on Friday, threatening to strip their federal aid if they "jack up tuition" every year and to give the money instead to schools showing restraint and value.
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American economy not healthy yet, but it's healing
2012-01-27T23:20:57Z
The American economy may not be truly healthy yet, but it's healing.
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US Embassy: US citizen kidnapped in Nigeria freed
2012-01-28T00:31:35Z
A U.S. citizen kidnapped by gunmen in Nigeria's oil-rich southern delta has been freed after a week in captivity, the U.S. Embassy said.
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Facebook IPO could value it among top companies
2012-01-28T00:50:34Z
When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America.
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Student charged in Utah school bomb plot
2012-01-28T00:40:33Z
The two teens had a detailed plot, blueprints of the school and security systems, but no explosives. They had hours of flight simulator training on a home computer and a plan to flee the country, but no plane.
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Ship carrying rocket parts hits Ky. bridge
2012-01-27T22:41:53+00:00
The voyage of a cargo boat that carries space rocket components to Florida's coast for NASA and the Air Force has stalled in a western Kentucky river after it slammed into an aging traffic bridge.
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