Monday, May 14, 2012

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Monday, May 14, 2012 8:30 PM PDT
Today's Yahoo! News - Latest News & Headlines:
Obama: JPMorgan is 'one of the best-managed banks'
Mon,14 May 2012 02:43 PM PDT
ABC OTUS News -

Obama Faces Questions on Federal Fight for Same Sex MarriageABC News' Mary Bruce, Aaron Katersky and Christina Ng Report: Just hours after a top JPMorgan Chase executive retired in the wake of a stunning $2 billion trading loss, President Obama told the hosts of ABC's "The View" that the bank's risky bets exemplified the...


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Edwards trial: Defense shifts focus from salacious affair details
Mon,14 May 2012 01:47 PM PDT
The Ticket -

John Edwards exits a federal courthouse next to one of his defense lawyers, Abbe Lowell in GreensboroClick image to see more photos. (AP/File) After two weeks of testimony from witnesses to his affair, lawyers for John Edwards opened their defense case in Greensboro, N.C., on Monday, by shifting attention away the salacious details to something entirely less sexy—campaign finance law—arguing that the nearly $1 million the former presidential candidate is accused [...]


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Amid VP rumors, Rubio looking forward to 'years' in Senate
Mon,14 May 2012 02:56 PM PDT
The Ticket -

Marco Rubio Avoids VP Questions, Hammers Obama for Losing his SparkWASHINGTON -- Despite months of speculation about who presumptive Republican presidential nominee Mitt Romney may choose as his running mate, Florida Sen. Marco Rubio isn't taking anything for granted. Speaking to a crowd of about 150 chardonnay-sipping small business owners Monday on Capitol Hill, Rubio emphasized that he's looking ahead to the next several "years" [...]


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Groupon makes first profit, shares surge
Mon,14 May 2012 04:25 PM PDT
Reuters -

People enter and leave Groupon Inc corporate office and headquarters in ChicagoGroupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher. The fledgling company started by music graduate Andrew Mason, which had lost half its value this year on concern about waning demand for its daily deals and persistent accounting problems, on Monday surpassed Wall Street's expectations for earnings and revenue growth. ...


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The right and wrong ways to buy Facebook stock
Mon,14 May 2012 04:20 PM PDT
Breakout - Y! Finance -

FILE - In this Feb. 5, 2007 file photo, Facebook CEO Mark Zuckerberg poses at his office in Palo Alto, Calif. Zuckerberg turns 28 on Monday, May 14, 2012. He's considerably younger than the average FORTUNE 500 CEO, of course. But while some investors worry that Zuckerberg is too young to lead Facebook as a public company, experts point out that Bill Gates, Steve Jobs and Michael Dell were in their 20s when their companies had IPOs. (AP Photo/Paul Sakuma, File)After months of hype Facebook is expected to become a publicly traded stock at the end of this week.


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Euro zone finance ministers dismiss Greek exit "propaganda"
Mon,14 May 2012 05:50 PM PDT
Reuters -

Luis de Guindos listens to Jean-Claude Juncker at the start of an eurozone finance ministers meeting at the EU Council in BrusselsEuro zone finance ministers dismissed talk of Greece leaving the euro zone as "propaganda and nonsense" on Monday, but said the country had to respect the terms of the bailout program agreed with the EU and the International Monetary Fund. If Greece can form a government and that government signs up to the bailout agreement, then it is possible some of the targets in the program could be softened, the chairman of the euro zone finance ministers, Jean-Claude Juncker, said. "I don't envisage, not even for one second, Greece leaving the euro area. ...


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NY seeks to deny murderers spousal burial rights
Mon,14 May 2012 02:22 PM PDT
Associated Press -

Elaine O'Toole of Tonawanda, N.Y., left, talks about a bill to protect the remains of crime victims during a news conference at the Capitol in Albany, N.Y., on Monday, May 14, 2012. Bill sponsors Assemblyman Robin Schimminger, D-Kenmore, center, and Sen. Michael Ranzenhofer, R-Amherst, watch. (AP Photo/Mike Groll)As Constance Shepherd's family grieved over her death at the hands of her husband, they had hoped to find some comfort by giving her a proper funeral.


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Space shuttle Enterprise time-lapse shows painstaking process
Mon,14 May 2012 03:27 PM PDT
The Upshot -

The space shuttle Enterprise, mounted on transport vehicle, is backed into a temporary hanger after being demated from the NASA 747 Shuttle Carrier Aircraft at John F. Kennedy International AirportLast month, the space shuttle Enterprise arrived at New York City's JFK International Airport on the back of a 747 jumbo jet. Its ultimate destination: The Intrepid Sea, Air & Space Museum in Manhattan. [Photos: Last journey continues for Enterprise] NASA recently posted a time-lapse video of the shuttle being removed from the back of [...]


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Calif. gov. proposes billions in cuts amid major budget shortfall
Mon,14 May 2012 04:30 PM PDT
Christian Science Monitor -

California Governor Brown announces his revised budget proposal at a press conference in Los AngelesCalifornia Gov. Jerry Brown is facing the music. Hit with a soaring state budget shortfall of $15.7 billion – up from $9.2 billion as recently as January – Governor Brown announced proposals Monday to make $8.3 billion in painful, cross-the-board cuts that quickly elicited outcries from those affected.


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Reality TV, religion give birth to top baby names
Mon,14 May 2012 01:24 PM PDT
Associated Press -

Graphic shows the most popular baby names forReality TV is giving birth to some of the most popular baby names. No, not Snooki. But Mason, as in Kourtney Kardashian's son, jumped 10 spots to become the second most popular name for newborn boys in 2011.


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Obama cheers capture of top Kony commander
Mon,14 May 2012 03:19 PM PDT
The Ticket -

U.S. President Obama holds news conference at the White House n WashingtonClick image to see more photos. (Reuters/James Akena) The White House on Monday hailed the capture of one of African warlord Joseph Kony's top commanders, amid hopes that the arrest could be a big step on the road to catching the infamous Lord's Resistance Army (LRA) leader himself. "The capture of Major General Ceasar Acellam is [...]


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Romney ad touts steel mill boosted by Bain investment
Mon,14 May 2012 12:55 PM PDT
The Ticket -

Republican White House hopeful Mitt Romney will give a commencement address at Liberty University in VirginiaHours after Obama's campaign tied Mitt Romney to the bankruptcy of a Missouri steel company, the Romney campaign is out with its own video highlighting a steel company it says Romney helped save.


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Obama: 'Americans are on our side' on same-sex marriage
Mon,14 May 2012 03:15 PM PDT
The Ticket -

Will gay marriage really matter in swing states?Click image to see more photos. (Reuters/Larry Downing) Scooping up dollars for his campaign at a New York fundraiser, President Barack Obama told supporters on Monday that "the American people are on our side" when it comes to issues like same-sex marriage. The president spoke at an event hosted by openly gay singer Ricky Martin, [...]


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Ron Paul all but ends presidential campaign
Mon,14 May 2012 11:32 AM PDT
The Ticket -

FILE - In this Feb. 11, 2012 file photo, Republican presidential candidate Rep. Ron Paul, R-Texas, speaks to his supporters following his loss in the Maine caucus to Mitt Romney, in Portland, Maine. Don't Paul the primary is over. He's too busy mucking up Mitt Romney's efforts to accumulate enough convention delegates to claim officially the Republican nomination for president. Paul's supporters won control of state GOP conventions in Maine and Nevada last weekend, stripping Romney of delegates in Maine but graciously letting him keep the ones he won in Nevada's February caucuses. Next up are Republican state conventions in Minnesota, Missouri, Louisiana and Iowa. (AP Photo/Robert F. Bukaty, File)Ron Paul announced Monday that his campaign will no longer spend money on presidential nominating contests due to lack of funds, effectively ending his campaign for the Republican nomination. Paul wrote the following in an open letter to supporters: Our campaign will continue to work in the state convention process. We will continue to take leadership [...]


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Rhode Island recognizes gay marriages, but not its own
Mon,14 May 2012 12:48 PM PDT
The Atlantic Wire -

Rhode Island Recognizes Everyone's Same-Sex Marriages But its OwnYou can't marry your same-sex partner in Rhode Island, but as of Monday if you marry him or her in another state, the Ocean State will fully recognize the marriage.


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Rep. Michele Bachmann's fundraising whopper
Mon,14 May 2012 01:27 PM PDT
FactCheck.org -

Michele Bachmann becomes a Swiss citizenIn several urgent fundraising appeals, Rep. Michele Bachmann falsely claims that biased "liberal judges" redrew her congressional district "in retaliation for repeatedly standing up to President Obama."


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Have a nice colonoscopy: New test eliminates probing, laxative
Mon,14 May 2012 02:37 PM PDT
LiveScience.com - Colonoscopies could be made a bit more comfortable for people if they involved lying in a CT scanner, rather than being probed with an endoscope, and at the same time didn't require drinking upward of a gallon of laxative fluid beforehand — current requirements that most consider unpleasant. Full Story
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Obama faces questions on federal fight for gay marriage
Mon,14 May 2012 02:32 PM PDT
ABC OTUS News -

Obama Faces Questions on Federal Fight for Same Sex MarriageJust days after affirming his support for same-sex marriage, President Obama Monday declined to say whether he would go a step further and publicly take up the fight to repeal the Defense of Marriage Act. While the administration has already stopped defending the legislation, which...


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Mississippi couple rehabs wrong foreclosed house
Mon,14 May 2012 12:12 PM PDT
ABC News - Terry Jordan and her husband, of Senatobia, Miss., thought they had found the  perfect fixer-upper, complete with a dining room and barn. They got to work, investing thousands of dollars in renovations in hopes that they could flip the property for a profit. But, as... Full Story
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Man bitten by rattlesnake at Washington state Walmart
Mon,14 May 2012 06:49 PM PDT
Reuters - SALMON, Idaho (Reuters) - When Mica Craig reached down to brush what he thought was a stick off some mulch in the garden section of a Washington state Walmart, it turned around and sank its fangs into his hand. The Friday encounter with a rattlesnake sent Craig, 47, to the hospital, where he said he remained in excruciating pain and may lose feeling in two fingers. Wal-Mart Stores Inc has apologized. "I reached down to grab the stick to move it out of the way, and the snake stretched out, turned around and got its fangs in my right hand," he said. ... Full Story
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Feuding couples use spy gadgets to snoop
Mon,14 May 2012 05:05 PM PDT
ABC News -

Relationship Wars: Feuding Couples Use Spy Gadgets to SnoopCouples Use Hidden Cameras and Tape Recordings as Evidence in Divorce Court


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