Today's Yahoo! News - Latest News & Headlines:
- Gingrich weathers storm in final debate of 2011
- Deal reached to avert shutdown
- Obama faults GOP 'lurch into extremes'
- What would Gingrich's foreign policy look like?
- White House stands by Medal of Honor award
- 2nd smallest preemie in U.S. could go home soon
- End of Iraq War is bittersweet for soldiers, vets
- Why Santorum is more impressive than Perry
- New York Times chief Janet Robinson to step down, be paid $4.5 million as a consultant
- Parents sue after teen dies during wisdom tooth surgery
- Malcolm X youngest daughter behind bars in identity theft case
- Did Bumbo ignore child safety in favor of profits?
- Bootleg liquor kills 143 people in eastern India
- Unexplained shower of apples falls from sky over town
- Glenn Beck's new studios in Texas were also the filming site for Oliver Stone's 'JFK'
- Controversial Air Force casket photo prompts investigation
- Millenials predict Obama loss, unenthused about Occupy Wall Street, Harvard poll finds
- Group recalls pink Bibles being sold to fight cancer
- Joe Simon, co-creator of Captain America, dies at age 98
- Self-cleaning t-shirts may soon be available
- Terrifying spider-like robot does cartwheels; hangs from webs
- TV Hat: Is Zany Infomercial Product a Good Gift?
- When Yo-Yo Ma met a wombat on the bathroom floor
- Gingrich under attack at Iowa presidential debate
- Deal reached to avert shutdown
- NY Times CEO exiting, without explanation
- RIM delays QNX phones, offers dismal outlook
- Zynga prices IPO at top end of range: IFR
- Romney got permission to destroy 150 boxes of records
- Military marks end to nearly nine bloody years in Iraq
- MF's Corzine takes jabs but stands firm in defense
- Olympus shares tumble again before creditors meet
- Gross can't stop the bleeding from flagship bond fund
- Zynga prices shares at $10, top end of range: IFR
- U.S. data point to firming economic recovery
- Russia's Putin offers protesters small change
- Olympus ex-CEO attacks Japan investors as comeback bid struggles
- Gingrich to face attacks at Iowa 2012 debate
- Bargainers reach deal to head off gov't shutdown
- Gingrich assailed by debate rivals, fights back
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Gingrich weathers storm in final debate of 2011
Thu,15 Dec 2011 04:10 PM PST
The Ticket -  You may not believe this, but tonight's Republican presidential debate in Sioux City, Iowa, sponsored by Fox News, is the last 2012 debate of 2011. Which means it is also the last Yahoo News/ABC News debate liveblog of the year. You won't want to miss it! During the debate, which starts at 9 p.m. ET, [...]
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Deal reached to avert shutdown
Thu,15 Dec 2011 06:48 PM PST
Reuters -  WASHINGTON (Reuters) - Lawmakers on Thursday reached a tentative deal to fund an array of government agencies through September 30 and avert shutting down many of Washington's operations starting this weekend. Democratic Senator Daniel Inouye, one of the chief negotiators on the massive spending bill, told reporters the deal had been struck and the full Senate could vote on the measure as early as Friday. The House of Representatives is expected to vote on Friday, a Republican aide said. ...
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What would Gingrich's foreign policy look like?
Thu,15 Dec 2011 03:28 PM PST
The Ticket -  "I don't do foreign policy," Newt Gingrich, then the Speaker of the House, told the New York Times in 1995, adding that the proportion of time he spends thinking about domestic policy, compared with foreign affairs and defense, is "90/10." The line was meant as a light-footed dodge from the latest rhetorical bomb he had [...]
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White House stands by Medal of Honor award
Thu,15 Dec 2011 02:26 PM PST
AP -  President Barack Obama is standing by his award of the Medal of Honor to a Marine in the Afghanistan war despite a published report charging exaggerations and untruths in the official account of his bravery.
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Why Santorum is more impressive than Perry
Thu,15 Dec 2011 10:49 AM PST
The Ticket -  COUNCIL BLUFFS, Iowa--Trying to find substance in Rick Perry's stump speech is like panning for gold in the nearby Missouri River. It is theoretically possible, but it requires luck, hard work and-- to use one of Perry's favorite words--faith. "I'm a Washington outsider. I'm not afraid to step on some toes, if that's what required," [...]
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Malcolm X youngest daughter behind bars in identity theft case
Thu,15 Dec 2011 02:58 PM PST
Reuters - NEW YORK (Reuters) - Malikah Shabazz, the youngest daughter of black civil rights leader Malcolm X, is in prison for failing to start paying back money stolen in an identity theft case, law enforcement sources confirmed on Thursday. Shabazz, 46, pleaded guilty in June to stealing the identity of a longtime family friend and using it to make $55,000 in credit card purchases. She was sentenced to five years probation and ordered to pay restitution of $1,229.45 each month, beginning in September, to repay the full amount of illegal charges. ... Full Story | Top |
Did Bumbo ignore child safety in favor of profits?
Wed,14 Dec 2011 12:32 PM PST
Reuters - (Reuters) - Like millions of other parents over the past several years, Kevin and Lucy Ferrell used a new baby product called the Bumbo Baby Sitter that they bought at Toys R Us to prop up their son, Colby. The simple molded plastic seat is more upright than a bouncy chair, and less rigid than a high chair, making it a hit with parents looking for new infant gear. But when 9-month-old Colby fell out of the seat and fractured his skull, his parents learned very quickly that the seat wasn't ideal for a small, moving child. ... Full Story | Top |
Bootleg liquor kills 143 people in eastern India
Thu,15 Dec 2011 09:40 AM PST
AP -  Bootleg liquor containing toxic methanol killed 143 people and sickened dozens more who drank the cheap, illicit brew bought at small shops in eastern India, officials said Thursday. Police arrested 10 suspected bootleggers.
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Unexplained shower of apples falls from sky over town
Thu,15 Dec 2011 02:19 PM PST
The Sideshow - More than 100 apples mysteriously rained down upon a small British town on Monday night. The still-unexplained apple shower left 20 yards of city streets and car windshields covered in the cascading fruit just after the daily rush hour. The news immediately brought up comparisons to biblical tales of raining frogs and whether such reported [...] Full Story | Top |
Controversial Air Force casket photo prompts investigation
Thu,15 Dec 2011 10:47 AM PST
The Sideshow - The Air Force has launched an investigation into a controversial photo that shows several non-commissioned officers posing with an open casket, in which a fellow airman poses with a noose around his neck and chains over his body. The Air Force Times received a copy of the photo over email, which includes the caption, "Da [...] Full Story | Top |
Millenials predict Obama loss, unenthused about Occupy Wall Street, Harvard poll finds
Thu,15 Dec 2011 09:46 AM PST
The Ticket - Young Americans--a key voting bloc for Barack Obama in 2008-- currently predict the president will lose his re-election bid next year, according to a new poll of so-called millennials conducted by Harvard's Institute of Politics, and just a small number now believe the country is headed in the right direction. Among 18-to-29-year-olds surveyed Nov. 23- [...] Full Story | Top |
Group recalls pink Bibles being sold to fight cancer
Thu,15 Dec 2011 01:16 PM PST
The Sideshow - The Southern Baptist-owned LifeWay Christian Resources has ceased production and sale of its pink Bibles, which it was selling in order to raise funds for the Susan G. Komen for the Cure Foundation. The foundation is famous for its pink ribbons that adorn thousands of products and various fundraising efforts, including a marathon. Lifeway Christian [...] Full Story | Top |
Self-cleaning t-shirts may soon be available
Thu,15 Dec 2011 09:17 AM PST
The Sideshow - Chemical engineers in China announced they have developed a cotton fabric that cleans and deodorizes itself, only requiring sunlight to activate. Researchers Mingce Long and Deyong Wu have developed the fabric using titanium dioxide (TiO2), a common dye used in a variety of products, including paint, sunscreen, makeup and milk. Its self-cleaning properties have already [...] Full Story | Top |
TV Hat: Is Zany Infomercial Product a Good Gift?
Thu,15 Dec 2011 11:50 AM PST
ABC News - Do glare and distractions make it impossible for you to enjoy watching a TV show on your iPhone or iPod on a sunny day? Enter the TV Hat, a conspicuous-looking contraption that claims to solve all of your on-the-go video viewing problems. The $30 hat... Full Story | Top |
When Yo-Yo Ma met a wombat on the bathroom floor
Thu,15 Dec 2011 10:30 AM PST
The Sideshow - Cellist Yo-Yo Ma is one of the most acclaimed living musicians in the world. He has won several Grammys and in 2010 was the recipient of a White House Presidential Medal of Freedom. But his greatest distinction may have occurred on Tuesday night when he spent some time on a Chicago bathroom floor with Wilbur [...] Full Story | Top |
Gingrich under attack at Iowa presidential debate
Thu,15 Dec 2011 08:02 PM PST
Reuters -  SIOUX CITY, Iowa (Reuters) - Front-runner Newt Gingrich came under sharp attack from rival Republican presidential candidates on Thursday at the last debate before Iowa launches the U.S. 2012 election season. Gingrich is in a tight race with Ron Paul and Mitt Romney in Iowa less than three weeks before the state's Republicans decide on January 3 who they want as their presidential candidate. It is anybody's guess at this stage as to who will win. At a Sioux City debate, Gingrich's rivals quickly pounced on his receiving up to $1. ...
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Deal reached to avert shutdown
Thu,15 Dec 2011 06:48 PM PST
Reuters - WASHINGTON (Reuters) - Lawmakers on Thursday reached a tentative deal to fund an array of government agencies through September 30 and avert shutting down many of Washington's operations starting this weekend. Democratic Senator Daniel Inouye, one of the chief negotiators on the massive spending bill, told reporters the deal had been struck and the full Senate could vote on the measure as early as Friday. The House of Representatives is expected to vote on Friday, a Republican aide said. ...
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NY Times CEO exiting, without explanation
Thu,15 Dec 2011 07:14 PM PST
Reuters -  NEW YORK (Reuters) - Janet Robinson will step down as chief executive of the New York Times Co at the end of the month, as the company continues to struggle with advertising declines and a years-long slump in its share price. The problems plaguing newspaper companies are well known. Readers have ditched print for digital, causing circulation and advertising revenue to plummet. Newspaper company Lee Enterprises last week succumbed to industry changes and filed for bankruptcy protection. ...
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RIM delays QNX phones, offers dismal outlook
Thu,15 Dec 2011 04:04 PM PST
Reuters -  TORONTO (Reuters) - Research In Motion posted a sharp drop in profit on Thursday, offered a dismal outlook for BlackBerry shipments around Christmas and delayed the likely arrival of a make-or-break overhaul of its smartphones, sending its shares tumbling. RIM's shares shed more than 7 percent after the company said it did not expect to release a line of BlackBerrys equipped with the new QNX operating system until late next year, long after its initial promise of a first-quarter delivery. ...
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Zynga prices IPO at top end of range: IFR
Thu,15 Dec 2011 06:02 PM PST
Reuters -  (Reuters) - Online games maker Zynga Inc is expected to make a strong debut on the Nasdaq stock exchange on Friday, after it priced its initial public offering at the top end of a preliminary range but did not increase the size of the $1 billion deal. Analysts and investors had expected Zynga to raise the price or boost the number of shares it was selling, since demand had seemed strong in recent weeks. ...
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Romney got permission to destroy 150 boxes of records
Thu,15 Dec 2011 05:12 PM PST
Reuters -  WASHINGTON (Reuters) - In the final weeks of Mitt Romney's term as Massachusetts governor, his office sought and received permission to destroy 150 boxes of paper records of his tenure, according to documents obtained by Reuters. Officials could not immediately confirm whether the paper documents he sought to eliminate were in fact destroyed and his spokeswoman said he had followed precedent and the law in dealing with his records when his term ended in 2007. ...
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Military marks end to nearly nine bloody years in Iraq
Thu,15 Dec 2011 02:41 PM PST
Reuters -  BAGHDAD (Reuters) - U.S. forces formally ended almost nine years of war in Iraq on Thursday with a modest flag-lowering ceremony in Baghdad, while to the north flickering violence highlighted ethnic and sectarian strains threatening the country in years ahead. "After a lot of blood spilled by Iraqis and Americans, the mission of an Iraq that could govern and secure itself has become real," Defense Secretary Leon Panetta said at the ceremony at Baghdad's still heavily-fortified airport. Almost 4,500 U.S. ...
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MF's Corzine takes jabs but stands firm in defense
Thu,15 Dec 2011 06:09 PM PST
Reuters -  WASHINGTON (Reuters) - Former MF Global chief Jon Corzine denied on Thursday a recent allegation that he knew customer funds were improperly used, while absorbing withering criticism from Republicans who chided the former Democratic senator for his role in the firm's failure. Corzine, who was taunted for staying at the Ritz Carlton in Washington while hundreds of millions of dollars of customer money remains missing, sought to address allegations about a loan to a European unit of MF Global in the firm's final days. ...
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Olympus shares tumble again before creditors meet
Thu,15 Dec 2011 04:45 PM PST
Reuters -  TOKYO (Reuters) - Shares of Olympus tumbled as much as 11.4 percent on Friday as the company prepares to meet its creditors later in the day. Olympus shares were down 8.7 percent at 951 yen after falling as low as 922 yen. They skidded more than 20 percent on Thursday, and have lost more than half their value since an accounting scandal erupted in mid-October. The company restated financial accounts on Wednesday after a 13-year fraud, with a dent in its balance sheet triggering speculation it will need to raise capital to repair its finances. ...
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Gross can't stop the bleeding from flagship bond fund
Thu,15 Dec 2011 02:29 PM PST
Reuters -  NEW YORK (Reuters) - Bill Gross's PIMCO Total Return Fund, the world's largest bond fund, keeps shrinking as investors look to put their money with some of his competitors. In November, the mutual fund led by Gross saw about $500 million in outflows, bringing its cash outflow over the past 12 months to $17 billion, said Morningstar editorial director Kevin McDevitt. By contrast, November was a banner month for most other taxable bond funds, which took in nearly $10.2 billion in money as a group, according to Morningstar. Over a 12-month period, taxable bonds fund accumulated $105. ...
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Zynga prices shares at $10, top end of range: IFR
Thu,15 Dec 2011 02:38 PM PST
Reuters - (Reuters) - Zynga Inc priced its shares at the top end of its expected range at $10 per share on Thursday, a source close to the process told the International Finance Review. The company, which is the top publisher of games on Facebook such as "FarmVille" and "CityVille", sold 100 million shares raising $1 billion, the source told IFR on Thursday. At $1 billion, Zynga's IPO would be the largest from a U.S. Internet company since Google Inc raised $1.7 billion in 2004. Based on a fully diluted share count of 890 million shares, the IPO values Zynga at $8.9 billion. ...
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U.S. data point to firming economic recovery
Thu,15 Dec 2011 02:30 PM PST
Reuters -  WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell to a 3-1/2-year low last week and factory activity in parts of the Northeast gained speed in December, suggesting a further strengthening of the economic recovery. While other data on Thursday showed industrial output shrank for the first time in seven months in November, much of the decline came from auto production, which analysts said was held back by temporary supply disruptions. ...
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Russia's Putin offers protesters small change
Thu,15 Dec 2011 02:48 PM PST
Reuters -  MOSCOW (Reuters) - Vladimir Putin offered to ease slightly his tight political control of Russian politics in token concessions to protesters he suggested had been paid to turn out in the biggest demonstrations since he took power 12 years ago. In a 4-1/2 hour call-in question-and-answer show that was broadcast live across Russia and intended to rebuild support as he prepares to reclaim the presidency, the long-serving prime minister sought to portray himself as a reasonable, even-handed national leader who can unite his people. ...
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Olympus ex-CEO attacks Japan investors as comeback bid struggles
Thu,15 Dec 2011 02:29 PM PST
Reuters - TOKYO (Reuters) - The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated. Woodford, an Englishman who was a rare foreign CEO in Japan, went public with his concerns over crooked accounting at Olympus after his dismissal in October, leading to the uncovering of a $1.7 billion fraud that has left the company badly weakened. ...
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Gingrich to face attacks at Iowa 2012 debate
Thu,15 Dec 2011 03:57 PM PST
Reuters - SIOUX CITY, Iowa (Reuters) - Front-runner Newt Gingrich was braced for attacks from rival Republican presidential candidates at a debate on Thursday as they make their case one last time before Iowa launches the 2012 election season. Gingrich, Ron Paul and Mitt Romney lead the field in Iowa less than three weeks before the state's Republicans decide on January 3 who they want as their presidential candidate. It is anybody's guess at this stage as to who will win. Gingrich is trying to hang on to a slender lead in the polls and the 8 p.m. CDT (9 p.m. ...
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Bargainers reach deal to head off gov't shutdown
Thu,15 Dec 2011 07:55 PM PST
AP -  Congressional negotiators reached agreement Thursday on a compromise spending bill to avert a weekend federal shutdown. They also worked toward a deal renewing the payroll tax cut and unemployment benefits for another year but prepared a shorter version as a fallback.
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Gingrich assailed by debate rivals, fights back
Thu,15 Dec 2011 08:16 PM PST
AP -  Republican presidential front-runner Newt Gingrich clashed sharply with one rival, took pains to compliment another and said it was laughable for any of them to challenge his conservative credentials Thursday night in the last campaign debate before the Jan. 3 Iowa caucuses kick off the 2012 primary season.
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