Monday, December 31, 2012

Daily News: Reuters News Headlines - Senate to vote on "fiscal cliff" deal as deadline approaches

Monday, Dec 31, 2012 08:17 PM PST
Today's Reuters News Headlines - Yahoo! News:

Senate to vote on "fiscal cliff" deal as deadline approaches 
Monday, Dec 31, 2012 08:17 PM PST
U.S. President Barack Obama speaks about negotiations with Capitol Hill while in WashingtonWASHINGTON (Reuters) - The White House and Senate leaders struck a bipartisan deal on Monday to try to avoid a "fiscal cliff" budget crisis, although the agreement was likely to face stiff challenges in the House of Representatives. Senators were due to vote on the accord before midnight (0500 GMT Tuesday) and independent Senator Joe Lieberman said it had strong support from the Democrats who control the chamber. ...
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U.S. House aims to split Sandy aid bill into two parts 
Monday, Dec 31, 2012 06:54 PM PST
A destroyed ocean-front home is seen in the Ortley Beach area of Toms River, NJWASHINGTON (Reuters) - The U.S. House of Representatives is expected to split a $60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on $27 billion to fund immediate recovery needs and $33 billion for long-term and other projects, Republican lawmakers and aides said on Monday. The plan for votes on Tuesday or Wednesday would meet the demands of many Republican lawmakers to vote on a smaller initial package of aid for victims of the October 29 storm that devastated New York and New Jersey coastlines. ...
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North Korean leader, in rare address, seeks end to confrontation with South 
Monday, Dec 31, 2012 06:41 PM PST
North Korean leader Kim Jong-un delivers a New Year address in PyongyangSEOUL (Reuters) - North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year speech broadcast on state media. The address by Kim, who took over power in the reclusive state after his father, Kim Jong-il, died in 2011, appeared to take the place of the policy-setting New Year editorial published in leading state newspapers. ...
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Top Afghan negotiator cautiously optimistic on peace prospects 
Monday, Dec 31, 2012 07:53 PM PST
Mohammad Masoom Stanekzai speaks during an interview in KabulKABUL (Reuters) - One of Afghanistan's top peace negotiators said he was cautiously optimistic about prospects for reconciliation with the Taliban and that all sides now realized a military solution to the war was not possible. Mohammad Masoom Stanekzai also told Reuters that the Kabul government hoped to transform the Afghan Taliban into a political movement. He predicted the highly lethal Haqqani militant network would join the peace process if the Afghan Taliban started formal talks. ...
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Sour end to 2012 masks positive trends in America 
Monday, Dec 31, 2012 05:53 PM PST
Fireworks explode over Times Square as the crystal ball is hoisted in New YorkCHICAGO (Reuters) - Many Americans seem to be in a sour mood as 2013 begins, after Hurricane Sandy ravaged parts of the East Coast, a gunman massacred 20 school children in Connecticut and a long, contentious election campaign was followed by failure to resolve the "fiscal cliff" issue by year-end. Americans have not been very optimistic since the Great Recession of 2008-2009, but the gloom had begun to lift this year until the blast of bad news as 2012 ended, IPSOS pollster Cliff Young said on Monday. IPSOS polling showed that some angst set in as the year ended. ...
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Best Buy loses two board directors 
Monday, Dec 31, 2012 06:32 PM PST
A Best Buy logo is seen during Thanksgiving Day in San Francisco(Reuters) - Best Buy Co Inc said on Monday that two of its board directors had resigned, including one of its former chief executives, almost seven months after its founder, who is now mounting a bid for the struggling retailer, left the board. The departures will leave Best Buy with four vacancies on its 11-member board. The company's fortunes have faltered as consumers increasingly use its big box stores as showrooms for products they end up buying online at Amazon.com Inc and other websites. Best Buy said that G. ...
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State Department made "grievous mistake" over Benghazi: Senate report 
Monday, Dec 31, 2012 10:23 AM PST
The U.S. Consulate in Benghazi is seen in flames during a protestWASHINGTON (Reuters) - The State Department made a "grievous mistake" in keeping the U.S. mission in Benghazi open despite inadequate security and increasingly alarming threat assessments in the weeks before a deadly attack by militants, a Senate committee said on Monday. A report from the Senate Homeland Security Committee on the September 11 attacks on the U.S. mission and a nearby CIA annex, in which the U.S. ambassador to Libya and three other Americans died, faulted intelligence agencies for not focusing tightly enough on Libyan extremists. ...
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Venezuela's Chavez in stable condition, says son-in-law 
Monday, Dec 31, 2012 06:34 PM PST
A supporter of Venezuelan President Hugo Chavez holds a picture of him, as he attends a mass to pray for Chavez's health in CaracasCARACAS (Reuters) - Venezuelan President Hugo Chavez is in stable condition and spent Monday with his daughters, the cancer-stricken leader's son in law said in an appeal for supporters to ignore rumors about his condition. Chavez has not been seen in public nor heard from in more than three weeks. The vice president said on Sunday that the 58-year-old was suffering a third set of complications after surgery in Cuba on December 11, his fourth operation in 18 months. ...
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Clinton suffers clot behind right ear, full recovery seen 
Monday, Dec 31, 2012 05:39 PM PST
File photo of U.S. Secretary of State Clinton delivering a speech at Dublin City University in IrelandWASHINGTON/NEW YORK (Reuters) - U.S. Secretary of State Hillary Clinton suffered a blood clot in a vein between her brain and skull behind her right ear but is expected to make a full recovery, her doctors said on Monday in a statement released by the State Department. Clinton did not suffer a stroke or neurological damage as a result of the clot, the doctors said, adding that "she is in good spirits, engaging with her doctors, her family and her staff." The U.S. ...
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Assad's forces battle to retake Damascus suburb 
Monday, Dec 31, 2012 09:31 AM PST
View of buildings damaged by missiles fired in DarayaAMMAN (Reuters) - Elite Syrian government troops backed by tanks battled on Monday to recapture a strategic Damascus suburb from rebels who have advanced within striking distance of the center of Syria's capital. Five people, including a child, died from army rocket fire that hit the Daraya suburb during the fighting, opposition activists said. Daraya is part of a semi-circle of Sunni Muslim suburbs south of the capital that have been at the forefront of the 21-month-old revolt against President Bashar al-Assad. "This is the biggest attack on Daraya in two months. ...
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"Fiscal cliff" deal reached between White House, lawmakers: source 
Monday, Dec 31, 2012 06:42 PM PST
Man walks past the U.S. Capitol Building in WashingtonWASHINGTON (Reuters) - The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, Obama administration officials said on Monday. President Barack Obama called Democratic Senate Majority Leader Harry Reid and House of Representatives Minority Leader Nancy Pelosi, who both signed off on the deal, one source said. The agreement includes a balance of spending cuts and revenue increases to pay for the delay in the automatic spending cuts that would go into effect without a deal by lawmakers. ...
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"Fiscal cliff" tumble looms despite Senate efforts 
Monday, Dec 31, 2012 03:36 PM PST
U.S. President Barack Obama speaks about negotiations with Capitol Hill while in WashingtonWASHINGTON (Reuters) - The United States was on track to tumble over the "fiscal cliff" at midnight on Monday, at least for a day, as lawmakers held back from supporting an eleventh-hour plan from Senate leaders to avert severe tax increases and spending cuts. The U.S. House of Representatives looked unlikely to vote on a Senate "fiscal cliff" plan before midnight, possibly pushing a legislative decision into New Year's Day, when financial markets will be closed. The plan was heavy on tax increases and light on spending cuts, which was unlikely to appeal to Republicans in the House. ...
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Bombs kill 23 across Iraq as sectarian strife grows 
Monday, Dec 31, 2012 12:29 PM PST
An Iraqi Kurd Asaish stands near the site of a car bomb attack in KirkukBAGHDAD (Reuters) - At least 23 people were killed and 87 wounded in attacks across Iraq on Monday, police said, underlining sectarian and ethnic divisions that threaten to further destabilize the country a year after U.S. troops left. Tensions between Shi'ite, Kurdish and Sunni factions in Iraq's power-sharing government have been on the rise this year. Militants strike almost daily and have staged at least one big attack a month. The latest violence followed more than a week of protests against Shi'ite Prime Minister Nuri al-Maliki by thousands of people from the minority Sunni community. ...
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In Indian student's gang rape, murder, two worlds collide 
Monday, Dec 31, 2012 09:32 AM PST
Policemen stand guard outside the cremation ground during the funeral of a rape victim after her body arrived from Singapore, in New DelhiNEW DELHI (Reuters) - One of hundreds of attacks reported in New Delhi each year, the gang rape and murder of a medical student caught Indian authorities and political parties flat-footed, slow to see that the assault on a private bus had come to symbolize an epidemic of crime against women. ...
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Egypt's leader sees currency stabilizing "within days" 
Monday, Dec 31, 2012 10:12 AM PST
Egypt's President Mursi signs a decree to put into effect the new constitution in CairoCAIRO (Reuters) - Egypt's pound fell to a record low on Monday as the president signaled his government would allow it to depreciate slowly for several more days to stop a drain on foreign reserves that has driven the economy into crisis since the fall of Hosni Mubarak. Hit by a new bout of political turmoil in the last month, the pound had weakened to a record low on Sunday at a new dollar auction brought in by the central bank. It fell further at a second auction on Monday, last trading at 6.37 to the dollar on the interbank market. ...
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Equities rally as U.S. "cliff" deal nears; oil up 
Monday, Dec 31, 2012 01:24 PM PST
An employee of a foreign exchange trading company looks at monitors as a television set shows Japan's incoming Prime Minister and the leader of Liberal Democratic Party (LDP) Shinzo Abe speaking in TokyoNEW YORK (Reuters) - Wall Street rallied on Monday and global equities finished their best year in the last three as U.S. lawmakers closed in on a deal to avoid a budget crisis that many fear could cripple the world economy in 2013. U.S. President Barack Obama said Congress was close to an agreement that would start chipping away at the deficit without raising middle-class taxes. Senate Republican leader Mitch McConnell also said an agreement was "very, very close," though it wasn't clear whether a vote would happen on Monday or be pushed into early 2013. U.S. ...
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Al Qaeda in Yemen offers bounty for U.S. ambassador 
Monday, Dec 31, 2012 02:50 AM PST
File picture shows U.S. Ambassador to Yemen Gerald Feierstein speaking during an interview in New YorkDUBAI (Reuters) - The Yemen-based branch of al Qaeda has offered a bounty for anyone who kills the U.S. ambassador to Yemen or an American soldier in the impoverished Arab state, a group that monitors Islamist websites said. Al Qaeda in the Arabian Peninsula (AQAP) said it was offering three kilograms of gold for the killing of the U.S. ambassador in Sanaa, Gerald Feierstein, the U.S.-based SITE Intelligence Group said, citing an audio released by militants. AQAP will also pay 5 million rials ($23,350) to whoever kills any American soldier in Yemen, it said. ...
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Analysis: Venezuela's Maduro channels Chavez, lacks his charisma 
Monday, Dec 31, 2012 09:12 AM PST
Venezuela's Vice President Nicolas Maduro greets supporters during the anniversary ceremony of the Bolivarian Alliance for the Peoples of Our America (ALBA) in CaracasCARACAS (Reuters) - He uses Hugo Chavez's bombastic language, brandishes the constitution and showers opponents with vitriol at every turn. But Venezuelan Vice President Nicolas Maduro is struggling to replicate the extraordinary charisma of his boss, who is battling to recover from cancer surgery in Cuba. Named as heir apparent by Chavez just before the president returned to Havana for his fourth surgery in December, the 50-year-old former bus driver has become the face of the socialist government in South America's top oil exporter. ...
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China factory sector strongest since May 2011: survey 
Monday, Dec 31, 2012 03:11 AM PST
A labourer works at a steel factory in DalianBEIJING (Reuters) - Activity in China's vast manufacturing sector hit its fastest pace in December since May 2011, a survey of private factory managers showed, with a sub-index for new orders pointing to continued strength in the new year. The final reading for the HSBC Purchasing Managers' Index rose to 51.5 in December, well above the preliminary reading of 50.9 published in the middle of the month and November's final reading of 50.5. ...
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Stung Bankia investors look to courts for justice 
Monday, Dec 31, 2012 03:13 AM PST
The logo of the Bankia bank is seen on a wall in MadridMADRID (Reuters) - Spanish savers and pensioners who have seen their money wiped out by investing in state-rescued lender Bankia are likely to seek redress in court rather than wait for any official inquiry, which looks increasingly unlikely. About 350,000 stockholders will share the pain of the bank's European bailout, many of them bank clients who were sold the shares through an aggressive marketing campaign for its stock market flotation in 2011. ...
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Assad's forces push to retake Damascus suburb 
Monday, Dec 31, 2012 03:51 AM PST
View of buildings damaged by missiles fired in DarayaAMMAN (Reuters) - Heavy fighting raged on the outskirts of Damascus on Monday as elite troops backed by tanks tried to recapture a strategic suburb from rebels in one of the largest military operations in that district in months, opposition activists said. Five people, including one child, died from army rocket fire that hit Daraya, the activists said. Daraya is one of a series of interconnected Sunni Muslim suburbs that ring Syria's capital and have been at the forefront of the 21-month-old revolt against President Bashar al-Assad. "This is the biggest attack on Daraya in two months. ...
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Daily News: Blogs - Tentative ‘fiscal cliff’ deal reached in Senate

Monday, Dec 31, 2012 04:53 PM PST

Tentative ‘fiscal cliff’ deal reached in Senate 
Monday, Dec 31, 2012 04:53 PM PST
Racing to beat a midnight deadline, Vice President Joe Biden arrived on Capitol Hill Monday night to sell wary Democratic senators on an 11th-hour deal to avert income tax hikes on all but a sliver of the richest Americans. Grinning broadly, Biden ignored reporters questions on whether he and Republican Senate Minority Leader Mitch McConnell [...]
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Congress won’t make midnight ‘fiscal cliff’ deadline 
Monday, Dec 31, 2012 02:08 PM PST
America is going over the “fiscal cliff” â€" for a few minutes, or hours, at the very least. Don't panic. There's no need to move the family into the Doomsday bunker in the backyard. Yet. While President Barack Obama and Republican Senate Minority Leader Mitch McConnell have said they are close to a broad agreement [...]
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Doctors: Clinton making ‘excellent progress’ in treatment for blood clot 
Monday, Dec 31, 2012 02:00 PM PST
Secretary of State Hillary Rodham Clinton is "making excellent progress" recovering from a blood clot in her head that was discovered during a medical examination, her doctors said Monday. But Clinton remains hospitalized until a proper medication level is established, they said. A day after announcing that Clinton had been admitted to a New York [...]
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Biden, McConnell pursue deal just hours before ‘fiscal cliff’ 
Monday, Dec 31, 2012 07:01 AM PST
Merry Cliffmas Eve? Vice President Joe Biden and Republican Senate Minority Leader Mitch McConnell on Monday pursued behind-closed-doors efforts to avoid the “fiscal cliff” with just hours to halt painful automatic income tax hikes from biting into American paychecks. McConnell announced on Sunday that he had reached out to Biden to help “jump-start” stalled negotiations [...]
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Daily News: Yahoo! News - Tentative ‘fiscal cliff’ deal reached in Senate

Monday, Dec 31, 2012 04:53 PM PST
Today's Yahoo! News - Latest News & Headlines:

Tentative ‘fiscal cliff’ deal reached in Senate 
Monday, Dec 31, 2012 04:53 PM PST
Democratic officials: Fiscal 'cliff' deal reachedRacing to beat a midnight deadline, Vice President Joe Biden arrived on Capitol Hill Monday night to sell wary Democratic senators on an 11th-hour deal to avert income tax hikes on all but a sliver of the richest Americans. Grinning broadly, Biden ignored reporters questions on whether he and Republican Senate Minority Leader Mitch McConnell [...]
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Suspect in NYC subway death arrested before 
Monday, Dec 31, 2012 04:42 PM PST
In this image provided by the New York City Police Department, a composite sketch showing the woman believed to have pushed a man to his death in front of a subway train on Thursday, Dec. 27, 2012 is shown. Police arrested Erika Menendez on Saturday, Dec. 29, 2012, after a passer-by on a street noticed she resembled the woman seen in a surveillance video. The attack was the second time this month that a man was pushed to his death in a city subway station. (AP Photo/New York City Police Department)NEW YORK (AP) â€" The family of a woman accused of shoving a man to his death in front of a subway train called police several times in the past five years because she had not been taking prescribed medication and was difficult to deal with, authorities said Monday.
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Clinton's blood clot located in her head; full recovery expected 
Monday, Dec 31, 2012 02:00 PM PST
Hillary Clinton hospitalized for blood clotSecretary of State Hillary Rodham Clinton is "making excellent progress" recovering from a blood clot in her head that was discovered during a medical examination, her doctors said Monday. But Clinton remains hospitalized until a proper medication level is established, they said. A day after announcing that Clinton had been admitted to a New York [...]
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U.S., Europe hope the new year brings better times 
Monday, Dec 31, 2012 07:58 PM PST
Alexandra Esquivel, left, and her aunt Anna Ramos, right, both from Arizona, attend the New Year's Eve festivities in New York's Times Square on Monday, Dec. 31, 2012. (AP Photo/Tina Fineberg)NEW YORK (AP) â€" From teeming Times Square to a once-isolated Asian country celebrating its first public New Year's Eve countdown in decades, the world looked to the start of 2013 with hope for renewal after a year of economic turmoil, searing violence and natural disasters.
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Worlds collide in Indian girl's rape and death 
Monday, Dec 31, 2012 09:32 AM PST
Policemen stand guard outside the cremation ground during the funeral of a rape victim after her body arrived from Singapore, in New DelhiThe December 16 attack on a private bus has come to symbolize an epidemic of crime against women.
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Sour end to 2012 masks positive trends in America 
Monday, Dec 31, 2012 05:53 PM PST
Fireworks explode over Times Square as the crystal ball is hoisted in New YorkCHICAGO (Reuters) - Many Americans seem to be in a sour mood as 2013 begins, after Hurricane Sandy ravaged parts of the East Coast, a gunman massacred 20 school children in Connecticut and a long, contentious election campaign was followed by failure to resolve the "fiscal cliff" issue by year-end. Americans have not been very optimistic since the Great Recession of 2008-2009, but the gloom had begun to lift this year until the blast of bad news as 2012 ended, IPSOS pollster Cliff Young said on Monday. IPSOS polling showed that some angst set in as the year ended. ...
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Report: State Dept. made 'grievous mistake' over Benghazi 
Monday, Dec 31, 2012 10:23 AM PST
The U.S. Consulate in Benghazi is seen in flames during a protestA Senate report faulted the State Department for waiting for specific warnings instead of improving security at the U.S. mission.
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U.S. House aims to split Sandy aid bill into two parts 
Monday, Dec 31, 2012 06:54 PM PST
A destroyed ocean-front home is seen in the Ortley Beach area of Toms River, NJWASHINGTON (Reuters) - The U.S. House of Representatives is expected to split a $60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on $27 billion to fund immediate recovery needs and $33 billion for long-term and other projects, Republican lawmakers and aides said on Monday. The plan for votes on Tuesday or Wednesday would meet the demands of many Republican lawmakers to vote on a smaller initial package of aid for victims of the October 29 storm that devastated New York and New Jersey coastlines. ...
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Venezuela's Chavez in stable condition, says son-in-law 
Monday, Dec 31, 2012 06:34 PM PST
A supporter of Venezuelan President Hugo Chavez holds a picture of him, as he attends a mass to pray for Chavez's health in CaracasCARACAS (Reuters) - Venezuelan President Hugo Chavez is in stable condition and spent Monday with his daughters, the cancer-stricken leader's son in law said in an appeal for supporters to ignore rumors about his condition. Chavez has not been seen in public nor heard from in more than three weeks. The vice president said on Sunday that the 58-year-old was suffering a third set of complications after surgery in Cuba on December 11, his fourth operation in 18 months. ...
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NYC bomb suspects had 'terrorist encyclopedia' 
Monday, Dec 31, 2012 10:06 AM PST
Police arrested a couple on Saturday after authorities investigating a credit card theft found a highly explosive compound, bomb-making manuals, a sawed-off shotgun and ammunition.
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13 new space missions to watch in 2013 
Monday, Dec 31, 2012 08:25 AM PST
13 New Space Missions to Watch In 2013This year has been a busy one for space missions, and it looks like next year will ramp things up even more.
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New, oddball state laws to take effect on Jan. 1 
Monday, Dec 31, 2012 06:19 AM PST
Many new, unusual state laws will take effect when the ball drops at midnight and millions of Americans ring in the New Year, including one that will limit the number of cats in a household.
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Members-only marijuana clubs open in Colorado 
Monday, Dec 31, 2012 06:14 PM PST
DENVER (AP) â€" Recreational marijuana clubs opened Monday in Colorado, less than a month after the state governor signed into law a constitutional amendment allowing recreational pot use.
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Heads roll on Black Monday as NFL coaches fired 
Monday, Dec 31, 2012 11:24 AM PST
Cleveland Browns head coach Pat Shurmur calls in a play during a pre-season exhibition football game with the Philadelphia Eagles in Philadelphia(Reuters) - Heads continued to roll for under-achieving head coaches across the National Football League as the Philadelphia Eagles' Andy Reid, Buffalo Bills' Chan Gailey and Cleveland Browns' Pat Shurmur were all fired on what has become known as Black Monday. The unemployment ranks swelled even further later on Monday with the Chicago Bears' Lovie Smith, Kansas City Chiefs' Romeo Crennel, San Diego Chargers' Norv Turner and Arizona Cardinals' Ken Whisenhunt also getting the axe to bring the total to seven teams with head coaching vacancies. ...
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FDA approves 1st new tuberculosis drug in 40 years 
Monday, Dec 31, 2012 08:05 PM PST
FILE - This July 19, 2002 file photo shows the Johnson & Johnson corporate headquarters in New Brunswick, N.J. The Food and Drug Administration on Monday, Dec. 31, 2012 approved a Johnson & Johnson tuberculosis drug that is the first new medicine to fight the deadly infection in more than four decades. (AP Photo/Daniel Hulshizer, File)WASHINGTON (AP) â€" The Food and Drug Administration on Monday approved a Johnson & Johnson tuberculosis drug that is the first new medicine to fight the deadly infection in more than four decades.
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Top Afghan negotiator cautiously optimistic on peace prospects 
Monday, Dec 31, 2012 07:53 PM PST
Mohammad Masoom Stanekzai speaks during an interview in KabulKABUL (Reuters) - One of Afghanistan's top peace negotiators said he was cautiously optimistic about prospects for reconciliation with the Taliban and that all sides now realized a military solution to the war was not possible. Mohammad Masoom Stanekzai also told Reuters that the Kabul government hoped to transform the Afghan Taliban into a political movement. He predicted the highly lethal Haqqani militant network would join the peace process if the Afghan Taliban started formal talks. ...
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Colleges helping students scrub online footprints 
Monday, Dec 31, 2012 07:08 AM PST
BUFFALO, N.Y. (AP) â€" Samantha Grossman wasn't always thrilled with the impression that emerged when people Googled her name.
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Beer, liquor never sicker? Hangover cures, myths 
Monday, Dec 31, 2012 06:26 AM PST
After the Times Square ball drops on New Year's Eve and copious amounts of Champagne get toasted and drunk, many might find themselves forgetting more "auld acquaintances" than they intended and waking up to 2013 with a vicious hangover.
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Teen gets iPhone for Christmas ... with a catch 
Monday, Dec 31, 2012 08:52 AM PST
Thirteen-year-old Greg Hoffman had been begging his parents for an iPhone all year. So on Christmas morning he was thrilled to find the object of his desire under the tree, but there was a catch.
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Pop quiz: What does 'Auld Lang Syne' mean? 
Monday, Dec 31, 2012 08:40 AM PST
Here it is. The answer to a perennial question of what on earth does "Auld Lang Syne" mean?
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A portrait of the procrastivoters of 2012 election 
Monday, Dec 31, 2012 06:45 AM PST
New research has turned up a curious subspecies of the electorate: Those who felt it was worth deciding whom to vote for, but not until the last 24 of the 5,040 hours of the campaign.
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