Today's Yahoo! News - Latest News & Headlines:
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Senate passes payroll tax cut, spending bill
Sat,17 Dec 2011 06:39 PM PST
Reuters -  WASHINGTON (Reuters) - The Senate on Saturday approved a $1 trillion bill to fund the government and a two-month extension of the payroll tax cut, putting a cap on a contentious political year but setting up a fresh battle for 2012. Democrats and Republicans were unable to agree on how to cover the cost of extending payroll tax cuts and long-term unemployment benefits for a full year, as President Barack Obama requested. ...
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Obama signs government spending bill into law
Sat,17 Dec 2011 02:35 PM PST
Reuters -  WASHINGTON (Reuters) - President Barack Obama has signed into law a spending bill that Congress approved to keep the government running, the White House said on Saturday. Earlier on Saturday, the Senate had passed the $915 billion bill to fund most federal activities through next September and avert a government shutdown. It had cleared the House of Representatives on Friday. ...
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Comprehensive euro zone deal "beyond reach": Fitch
Sat,17 Dec 2011 08:58 AM PST
Reuters -  ROME/BERLIN (Reuters) - A comprehensive solution to the euro zone debt crisis is beyond the region's reach, rating agency Fitch said, warning that six of its economies including Italy and Spain could be hit with credit downgrades in the near future. The warning late Friday, the second time in two weeks that the bloc has been threatened with multiple ratings markdowns, heightened pressure on leaders to get to grips with the turmoil. Fitch also said it might also cut AAA-rated France within two years and urged the European Central Bank to take a more active firefighting role. ...
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Troops, protesters clash in Cairo for third day
Sat,17 Dec 2011 05:17 PM PST
Reuters -  CAIRO (Reuters) - Military police battled demonstrators in Cairo's Tahrir Square early Sunday, the third day of clashes that have killed 10 people and injured hundreds, only days after the first free election most Egyptians can remember. Egyptian television showed military police advancing from behind their barriers and fighting protesters in the square, the hub of the uprising that overthrew President Hosni Mubarak, at around 1 a.m. ...
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WTO ends meeting with no move forward on Doha
Sat,17 Dec 2011 02:22 PM PST
Reuters -  GENEVA (Reuters) - The World Trade Organization closed its biennial ministerial conference on Saturday with its chairman citing an improved atmosphere in the 153-member club but no concrete moves forward on the Doha round of world trade talks. Little was expected from the meeting on Doha, a deadlocked negotiation that has caused a crisis of confidence in the global trade body. ...
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Manning showed warning signs before WikiLeak
Sat,17 Dec 2011 05:48 PM PST
Reuters -  FORT MEADE, MD (Reuters) - Bradley Manning, the suspected source of the largest leak of classified U.S. documents in history, displayed warning signs of emotional instability before his alleged wrongdoing and struggled with his gender identity, his attorney said on Saturday. Manning was a U.S. Army intelligence analyst in Iraq when he is alleged to have illegally downloaded massive data files from the military's classified network and became a source for anti-secrecy website WikiLeaks. ...
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Romney raises doubts about Gingrich in South Carolina
Sat,17 Dec 2011 01:08 PM PST
Reuters -  CHARLESTON, South Carolina (Reuters) - Republican White House hopeful Mitt Romney sought to create doubts about rival Newt Gingrich among South Carolina conservatives on Saturday by criticizing his high-paid work for mortgage giant Freddie Mac. Romney, on a two-day tour of South Carolina to try to dent Gingrich's big lead in the polls here, all but accused Gingrich of lobbying for Freddie Mac by accepting $1.6 million in consultants' fees from an enterprise at the heart of America's housing crisis. ...
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Martin Marietta's offer is "bad deal": Vulcan
Sat,17 Dec 2011 11:18 AM PST
Reuters - CHICAGO (Reuters) - Martin Marietta Materials Inc's $4.8 billion takeover offer of Vulcan Materials Co is a "bad deal" and an attempt to buy a larger rival "on the cheap," Vulcan said in court papers late Friday. Vulcan, a Birmingham, Alabama, gravel producer, received the hostile all-stock offer on Monday and said at the time it was reviewing the bid. ... Full Story | Top |
Peru delays former prisoner Berenson's return to U.S.
Sat,17 Dec 2011 02:14 PM PST
Reuters -  LIMA (Reuters) - Lori Berenson, a New Yorker who spent 15 years in Peruvian prisons for aiding Marxist insurgents, was prevented by Peru's interior ministry from making her first trip home since her 1995 arrest, her lawyer said on Saturday. Berenson, 42, the mother of a 2-year-old boy, was paroled last year after serving 15 years of a 20-year sentence. A judge on Friday gave the U.S. citizen permission to travel abroad, enabling her to head to Lima's airport to catch a plane to the United States. ...
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Boat with illegal migrants sinks off Indonesia, 300 missing
Sat,17 Dec 2011 03:33 PM PST
Reuters - JAKARTA (Reuters) - A boat carrying illegal immigrants heading for Australia sank off the coast of east Java in Indonesia and over 300 people were missing with many feared dead, a senior emergency official said. Only 76 people of 380 people on board had been rescued, said Sahrul Arifin, the head of emergency and logistics at the East Java Disaster Mitigation Center. He said strong waves wrecked the wooden boat about 90 km (56 miles) out to sea late Saturday night. ... Full Story | Top |
Senate passes payroll tax cut, spending bill
Sat,17 Dec 2011 03:03 PM PST
Reuters -  WASHINGTON (Reuters) - The Senate on Saturday approved a two-month extension of a payroll tax cut and a $1 trillion bill to fund the government, resolving the latest in a year-long series of tense political stand-offs but setting up fresh battles for 2012. Democrats and Republicans were unable to agree on how to pay for a full-year extension of the tax cut and long-term unemployment benefits, as President Barack Obama requested. ...
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Witnesses testify in Bradley Manning Wikileaks case
Sat,17 Dec 2011 04:01 PM PST
Reuters -  FORT MEADE, Maryland (Reuters) - Bradley Manning, the suspected source of the largest leak of classified U.S. documents in history, spent his 24th birthday in military court on Saturday listening to investigators detail how they pieced together the case against him. Manning was a U.S. Army intelligence analyst in Iraq when he is alleged to have illegally downloaded massive data files from the military's classified network and became a source for anti-secrecy website WikiLeaks. U.S. ...
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Troops beat Cairo protesters, clashes kill 10
Sat,17 Dec 2011 12:17 PM PST
Reuters - CAIRO (Reuters) - Soldiers beat demonstrators with batons in Cairo's Tahrir Square on Saturday in a second day of clashes that have killed 10 people and wounded hundreds, marring the first free election most Egyptians can remember. Protesters fled into side streets to escape the troops in riot gear, who grabbed people and battered them repeatedly even after they had been beaten to the ground, a Reuters journalist said. Shots were fired in the air. Soldiers pulled down protester tents and set them on fire, local television footage showed. ...
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Arabs may take Syria peace plan to United Nations
Sat,17 Dec 2011 12:42 PM PST
Reuters -  BEIRUT (Reuters) - Arab states may take their proposals for ending Syria's crackdown on protests to the U.N. Security Council next week unless Damascus agrees to implement the initiative, Qatar's foreign minister said on Saturday. Expressing frustration that Syria had not carried out the plan, six weeks after it was first agreed, Sheikh Hamad bin Jassim al-Thani said the window for an Arab solution to the crisis was closing. ...
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USTR's Kirk says no trade war but troubled by China
Sat,17 Dec 2011 12:02 PM PST
Reuters -  GENEVA (Reuters) - U.S. Trade Representative Ron Kirk said on Saturday the United States is not in a trade war with China, but he is troubled by China's tendency to retaliate when other members of the World Trade Organization (WTO) launch trade cases against it. "I am troubled by what I see as a trend of China to retaliate when members - not just the U.S., other members of the WTO - bring China to dispute settlement over legitimate matters," Kirk said in an interview. "That's not only disruptive to global trade, it's not only not in the interest of the members of the WTO. ...
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Senate OKs payroll tax cut, huge spending bill
Sat,17 Dec 2011 06:42 PM PST
AP -  The Senate voted Saturday to temporarily avert a Jan. 1 payroll tax increase and benefit cutoff for the long-time unemployed, forcing a reluctant President Barack Obama to make an election-year choice between unions and environmentalists over whether to build an oil pipeline through the heart of the country.
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Historic visit to Libya by Pentagon chief Panetta
Sat,17 Dec 2011 06:54 PM PST
AP -  U.S. Defense Secretary Leon Panetta said "the torch of freedom" has passed to the Libyan people and he pledged during a historic visit Saturday to Tripoli that the United States will do all it can to help the country move toward democracy.
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NYC protesters scale fence at vacant lot
Sat,17 Dec 2011 04:24 PM PST
AP -  Dozens of Occupy Wall Street protesters were arrested Saturday after they scaled a chain-link fence or crawled under it to get to an Episcopal church-owned lot they want to use for a new camp site.
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Gingrich says rivals' criticism taking a toll
Sat,17 Dec 2011 05:50 PM PST
AP -  Newt Gingrich tried to quiet unrelenting campaign criticism that he acknowledged had taken a toll as Mitt Romney stepped up insider attacks Saturday in hopes of regaining front-runner status with the first presidential vote little more than two weeks away.
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Flash floods kill at least 450 in Philippines
Sat,17 Dec 2011 05:49 PM PST
AP -  Flash floods devastated a southern Philippines region unaccustomed to serious storms, killing at least 450 people while they slept, rousting hundreds of others to their rooftops and turning two coastal cities into muddy, debris-filled waterways that were strewn with overturned vehicles and toppled trees.
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Migrant ship sinks off Indonesia; over 200 missing
Sat,17 Dec 2011 06:55 PM PST
AP - Rescuers searched for survivors Sunday after a wooden ship carrying about 250 asylum seekers, many of them from the Middle East, sank off Indonesia's main island of Java. Only 33 people have been rescued so far, an official said. Full Story | Top |
Manning's sexual orientation is raised at hearing
Sat,17 Dec 2011 04:52 PM PST
AP -  The young Army intelligence specialist accused of leaking government secrets spent his 24th birthday in court Saturday as his lawyers argued his status as a gay soldier before the repeal of "don't ask, don't tell" played an important role in his actions.
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Killing of bin Laden voted top news story of 2011
Sat,17 Dec 2011 04:18 PM PST
AP -  The killing of Osama bin Laden during a raid by Navy SEALs on his hideout in Pakistan was the top news story of 2011, followed by Japan's earthquake/tsunami/meltdown disaster, according to The Associated Press' annual poll of U.S. editors and news directors.
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Cowboys take 31-15 lead into 4th quarter
Sat,17 Dec 2011 07:46 PM PST
AP -  Tony Romo threw for three touchdowns and ran for a fourth score, helping the Dallas Cowboys to a 31-15 lead over the struggling Tampa Bay Buccaneers after three quarters on Saturday night.
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