Today's Politics - Bloomberg News Headlines - Yahoo! News: | | Romney edges Santorum in Michigan Tue,28 Feb 2012 08:22 PM PST Reuters - NOVI, Michigan (Reuters) - Republican presidential candidate Mitt Romney avoided a humiliating defeat in the state where he grew up on Tuesday as he edged rival Rick Santorum in a bitterly fought Michigan primary. Romney also rolled to an easy victory in Arizona, but all eyes were on Michigan, the Rust Belt state that posed a crucial test for the putative Republican front-runner. Television networks called the race for Romney about an hour and a half after polls closed. With 86 percent of precincts reporting, Romney led Santorum by 41 percent to 38 percent. ... Full Story | Top | Banker Rohatyn to guide NY infrastructure bank: Governor Tue,28 Feb 2012 07:50 PM PST Reuters - (Reuters) - Investment banker Felix Rohatyn, who helped rescue New York City from its mid-1970s financial crisis, has agreed to sit on the board of New York State's $25 billion infrastructure bank, Governor Andrew Cuomo said on Tuesday. Rohatyn is a former U.S. ambassador to France who now serves as a special advisor to the chief executive of Lazard. His decision to help guide the infrastructure bank could help Cuomo get his "New York Works Fund" off the ground. The state's new infrastructure bank aims to tap private capital to build and repair the state's crumbling roads and bridges. ... Full Story | Top | Romney projected winner in Michigan: TV networks Tue,28 Feb 2012 07:29 PM PST Reuters - WASHINGTON (Reuters) - Mitt Romney won the Republican presidential primary in Michigan on Tuesday, NBC, CNN and Fox television networks projected, after a tight race with his closest rival, Rick Santorum. With 70 percent of the vote counted, Romney was ahead with 42 percent compared to 37 for Santorum. Romney easily won the day's other primary in Arizona. (Reporting by Patrick Temple-West and Lily Kuo and Deborah Charles) Full Story | Top | Coach who chased Ohio shooter doesn't feel like a hero Tue,28 Feb 2012 07:19 PM PST Reuters - CHARDON, Ohio (Reuters) - "Hey!" yelled Coach Frank Hall when a student gunman opened fire on classmates in the Chardon, Ohio high school cafeteria on Monday. The startled shooter retreated, with the hulking football coach giving chase, in an act of bravery that may have saved lives. No one in Chardon was surprised that the 6-feet, 2-inch, 300 pound Hall, a religious man who has adopted four children, disregarded his own safety to protect the kids. "I hit the ground and heard Mr. Hall yell 'hey' at the shooter. I saw the shooter turn toward Mr. Hall and he ran out. Mr. ... Full Story | Top | New York comptroller aide charged with fraud Tue,28 Feb 2012 07:13 PM PST Reuters - NEW YORK (Reuters) - A top campaign aide for Comptroller John Liu, New York City's financial overseer, on Tuesday was charged with fraud for violating contribution limits, dealing another setback to the Democrat's quest to win his party's 2013 mayoral nomination. Liu, the first Asian-American to be elected New York City comptroller, serves as a fiscal watchdog, monitoring the city's finances with audits. He also helps run the city's $110 billion pension fund. ... Full Story | Top | Republican Snowe walks away from 'partisan' Senate Tue,28 Feb 2012 07:01 PM PST Reuters - WASHINGTON (Reuters) - Senator Olympia Snowe, one of the few remaining Republican moderates in Congress, stunned both parties on Tuesday by announcing she will not seek re-election for a fourth six-year term in November, complaining of partisan gridlock. The Maine senator's decision was all the more surprising because of her strong re-election prospects. It complicates the Republican effort to wrest control of the Senate from President Barack Obama's Democrats in November elections. ... Full Story | Top | Romney leads Santorum with 50 percent vote counted Tue,28 Feb 2012 06:54 PM PST Reuters - WASHINGTON (Reuters) - Mitt Romney had a 3 percentage point lead over closest rival Rick Santorum in the Michigan Republican presidential primary with half the votes counted on Tuesday. Romney had 41 percent of the vote and Santorum was at 38 percent, televisions networks reported citing poll results. (Reporting by Deborah Charles and Patrick Temple-West; Editing by Doina Chiacu) Full Story | Top | Romney and Santorum still close in Michigan primary Tue,28 Feb 2012 06:18 PM PST Reuters - WASHINGTON (Reuters) - Republican presidential candidates Mitt Romney and Rick Santorum were in a tight race in the Michigan primary on Tuesday. Romney was at 41 percent and Santorum at 38 percent with 25 percent of votes counted, CNN said. (Reporting By Alistair Bell) Full Story | Top | Could take 5 years to get 6 percent unemployment: Fed's Pinalto Tue,28 Feb 2012 06:16 PM PST Reuters - (Reuters) - The U.S. economic recovery is "frustratingly slow" and it could take four to five years to ratchet the unemployment rate down to about 6 percent, from more than 8 percent now, a top Federal Reserve official said on Tuesday. The recovery is held back by the housing market and Europe's debt crisis among other headwinds, but monetary policy is now appropriately positioned to eventually achieve this "maximum employment" level, said Cleveland Fed President Sandra Pianalto. ... Full Story | Top | Obama lays out detention rules for al Qaeda suspects Tue,28 Feb 2012 06:09 PM PST Reuters - WASHINGTON (Reuters) - President Barack Obama issued a policy directive on Tuesday making clear that not all al Qaeda suspects would be held in U.S. military custody, fleshing out exceptions allowed under a sweeping defense bill that sought to have the Pentagon prosecute most suspects. Under the directive, al Qaeda suspects arrested by U.S. law enforcement for waging attacks against American interests would not necessarily be held by the Pentagon under several scenarios, including if foreign governments refuse to hand them over to U.S. military control. ... Full Story | Top | Australia to probe new Indonesia cattle cruelty video Tue,28 Feb 2012 06:04 PM PST Reuters - CANBERRA (Reuters) - Australia will investigate new images appearing to show cattle being mistreated at an Indonesian abattoir, and could reimpose an export ban on the slaughterhouse if it broke animal welfare rules, Agriculture Minister Joe Ludwig said on Wednesday. Australia suspended live cattle exports to Indonesia for a month in 2011 after a video showing cows being beaten and whipped before slaughter was aired on Australian television. The footage outraged many Australians, while the government response angered farmers who said the move jeopardized Australian jobs. ... Full Story | Top | Factbox: Arizona Republican presidential primary Tue,28 Feb 2012 06:01 PM PST Reuters - (Reuters) - The Republican presidential primary turns to Arizona on Tuesday, when voters choose a candidate to challenge Democratic President Barack Obama in the November election. Here are a few facts about the Arizona Republican primary. +Unlike the Michigan primary, the Arizona primary is a winner-takes-all race with 29 delegates up for grabs. However, Arizona's primary is important for the momentum it would give Mitt Romney, former governor of Massachusetts, if he won. An upset would badly hurt Romney ahead of Super Tuesday on March 6 when 10 states hold nominating contests. ... Full Story | Top | Factbox: Michigan Republican presidential primary Tue,28 Feb 2012 06:01 PM PST Reuters - (Reuters) - The Michigan primary on Tuesday could be a game-changer in the Republican presidential race. Former Massachusetts Governor Mitt Romney is pitted against former Pennsylvania Senator Rick Santorum. Here are a few facts about the Michigan primary. +The Republican Party has a majority in both the state House and Senate. The western, northern and rural parts of the state are more conservative and will likely trend toward Rick Santorum. Mitt Romney could have appeal in the more urban, southern areas of the state near Detroit. ... Full Story | Top | Some September 11 dead's remains ended in landfill Tue,28 Feb 2012 05:53 PM PST Reuters - WASHINGTON (Reuters) - Partial remains from some people killed in the September 11 attacks in 2001 ended up in a landfill, according to a Pentagon-commissioned report released on Tuesday that revealed previously undisclosed blunders at the U.S. military's main mortuary. The unidentified remains came from two of the three sites of the September 11 attacks: the Pentagon and the Shanksville, Pennsylvania crash site of one of the hijacked airliners. The World Trade Center in New York City, which was leveled in the attacks, was not cited. ... Full Story | Top | Guatemala extradites alleged drug kingpin to U.S. Tue,28 Feb 2012 05:15 PM PST Reuters - GUATEMALA CITY (Reuters) - A Guatemalan court on Tuesday ruled to extradite the country's alleged top drug trafficker to the United States, as the Central American nation stepped up an offensive against organized crime. Juan 'Chamale' Ortiz-Lopez, who was arrested in March 2011 and is currently being detained in Guatemala, is charged in a Florida federal court with trafficking tons of cocaine into the United States. He faces a maximum life sentence if convicted. The Florida indictment argues that Ortiz-Lopez, 42, is Guatemala's most important drug smuggler. U.S. ... Full Story | Top | Retrial between Oracle and SAP set for June 2012 Tue,28 Feb 2012 05:12 PM PST Reuters - SAN FRANCISCO (Reuters) - Oracle Corp and SAP AG are scheduled to kick off a retrial on June 18, 2012, over copyright infringement allegations against a SAP unit, a U.S. judge ordered on Tuesday. A Northern California jury determined in 2010 that Oracle should be paid $1.3 billion over accusations SAP subsidiary TomorrowNow wrongfully downloaded millions of Oracle files. However, U.S. District Judge Phyllis Hamilton found last year that Oracle had proven actual damages of only $272 million. Hamilton said Oracle could accept a $272 million award, or opt for a new trial against SAP. ... Full Story | Top | U.S. backs Fresenius buy of Liberty with clinic sales Tue,28 Feb 2012 05:11 PM PST Reuters - WASHINGTON (Reuters) - German healthcare conglomerate Fresenius Medical Care AG & Co has won U.S. antitrust approval to buy Liberty Dialysis Holdings Inc, provided it sells 60 dialysis clinics, the Federal Trade Commission said on Tuesday. Fresenius has more than 1,800 outpatient dialysis clinics in the United States that serve some 130,000 patients while Liberty has 260 dialysis centers that serve some 19,000 patients, the FTC said. The FTC said the outpatient dialysis clinics to be sold were in 43 U.S. markets. ... Full Story | Top | U.S. docking Lockheed for F-35 cost-tracking flaws Tue,28 Feb 2012 04:41 PM PST Reuters - WASHINGTON (Reuters) - The Pentagon on Tuesday told Lockheed Martin Corp, the No. 1 U.S. defense contractor, that it would withhold about $1 million a month in billings on the latest F-35 fighter contract until the company fixes a complex system that tracks the program's cost. In a letter dated February 28, the Pentagon's Defense Contract Management Agency told Lockheed it was withholding just 2 percent of billings, instead of the 5 percent possible, because Lockheed had submitted a plan that was "reasonably expected to correct the remaining deficiencies" on the system. ... Full Story | Top | Cancer seen killing 1.3 million EU citizens in 2012 Tue,28 Feb 2012 04:30 PM PST Reuters - LONDON (Reuters) - Almost 1.3 million people will die of cancer in the European Union this year, but death rates from the disease are on a steady decline, according to new research released on Wednesday. A study of all types of cancer across the 27-country EU bloc found that more men than women are likely to die from the disease, and that "substantial reductions" in the number of deaths from breast cancer would lower death rates for women. Despite this, breast cancer remains the leading cause of female cancer deaths in the bloc. ... Full Story | Top | Ohio school suspect confesses as death toll climbs Tue,28 Feb 2012 04:26 PM PST Reuters - CHARDON, Ohio (Reuters) - The 17-year-old boy held in a shooting rampage at an Ohio high school has confessed to opening fire on fellow students he picked at random, prosecutors said on Tuesday, as two more teenagers died, bringing the death toll to three. Prosecutors identified the suspect as T.J. Lane and said he has admitted to taking a knife and a .22-caliber pistol into the cafeteria at Chardon High School in a town 35 miles east of Cleveland on Monday and firing 10 rounds. Students Demetrius Hewlin and Russell King Jr. ... Full Story | Top | China tells Arab League it backs humanitarian aid for Syria Tue,28 Feb 2012 04:23 PM PST Reuters - BEIJING (Reuters) - China backs international efforts to send humanitarian aid to Syria, Chinese Foreign Minister Yang Jiechi said, after France said the U.N. Security Council would work on a draft resolution about extending help to stricken parts of Syria. Yang made the comments in a phone call late on Tuesday with the head of the Arab League, Nabil Elaraby, the official Xinhua news service reported on Wednesday. ... Full Story | Top | Argentina urges fewer British imports in Falklands row Tue,28 Feb 2012 04:17 PM PST Reuters - BUENOS AIRES (Reuters) - Argentina's industry minister urged company executives on Tuesday to stop importing British goods, a ministry source said, further straining ties as the 30th anniversary of the Falklands war approaches. The two sides fought a 10-week war in 1982 after Argentina invaded the South Atlantic archipelago. London has refused to start talks demanded by Buenos Aires on the islands' sovereignty unless the 3,000 Falklands residents call for them, which they show no signs of doing. ... Full Story | Top | U.S. drafts outline of new U.N. Syria resolution Tue,28 Feb 2012 04:08 PM PST Reuters - UNITED NATIONS (Reuters) - The United States has drafted an outline for a new U.N. Security Council resolution demanding access for humanitarian aid workers in besieged Syrian towns and an end to the violence there, Western envoys said on Tuesday. The latest push for action on Syria by the 15-nation council comes after Russia and China twice vetoed resolutions that would have condemned Damascus' 11-month crackdown on pro-democracy protests and demanded an end to the violence, saying Western and Arab nations were seeking Libya-style "regime change" in Syria. ... Full Story | Top | Top Republican raises heat on Obama in Keystone letter Tue,28 Feb 2012 04:00 PM PST Reuters - WASHINGTON (Reuters) - Republicans turned up the heat on President Barack Obama's energy policies on Tuesday, hammering an election-year issue that they view as his weak spot amid rising gasoline prices. House of Representatives Speaker John Boehner, the top Republican in Congress, wrote to Obama to urge him to approve a controversial oil pipeline and fulfill a promise of an "all of the above" approach to ease dependence on foreign oil. ... Full Story | Top | Santorum channels Limbaugh with robocall strategy Tue,28 Feb 2012 03:39 PM PST Reuters - DETROIT (Reuters) - With his presidential hopes riding on a win in Michigan's pivotal Republican primary on Tuesday, Rick Santorum is taking a page from the playbook of influential conservative talkshow host Rush Limbaugh. In an unusual move that has rival Mitt Romney crying foul, Santorum's campaign has been bombarding Democrats and independents in the state with automated "robocalls," urging them to vote for the Republican in Tuesday's closely fought contest, which is open to supporters of both parties. ... Full Story | Top | Irish vote, German court add euro zone uncertainty Tue,28 Feb 2012 03:35 PM PST Reuters - DUBLIN/KARLSRUHE, Germany (Reuters) - A planned referendum in Ireland and a German court ruling cast new uncertainty on Tuesday over efforts to overcome the euro zone's debt crisis, just when a flood of central bank money appeared to be calming financial markets. Ireland's prickly electorate, which has twice voted "No" to European Union treaties before reversing itself, will get another chance to keep Europe on tenterhooks with a referendum on a fiscal compact on budget discipline agreed last month. ... Full Story | Top | Syria civilian death toll "well over 7,500": U.N. Tue,28 Feb 2012 03:35 PM PST Reuters - AMMAN (Reuters) - Syrian President Bashar al-Assad can be classified as a war criminal, U.S. Secretary of State Hillary Clinton said as the United Nations announced more than 7,500 civilians had been killed by his forces since the start of the revolt. At least 25 people were killed in the shelling of opposition strongholds by Syrian forces on Tuesday, activists said. In Homs alone, opposition groups said hundreds of civilians had been killed or wounded in the 24-day-old assault. ... Full Story | Top | Timeline: Crackdown on protests in Syria Tue,28 Feb 2012 03:33 PM PST Reuters - (Reuters) - Following is a timeline of events in Syria since protests began. March 16, 2011 - Security forces break up gathering of 150 protesters in Damascus holding pictures of imprisoned relatives. April 19 - Government passes bill lifting 48 years of emergency rule. April 22 - Security forces and gunmen loyal to President Bashar al-Assad kill at least 100 protesters, rights group says. May 23 - European Union imposes sanctions on Assad and nine other senior government officials. July 31 - Syrian tanks storm Hama after a month-long siege, killing at least 80 people, residents say. ... Full Story | Top | RBS wins stay in Canada court on Libor case Tue,28 Feb 2012 03:24 PM PST Reuters - OTTAWA (Reuters) - A Canadian court has put a hold on an order that Royal Bank of Scotland must turn over internal documents in connection with an investigation into whether banks manipulated key global interest rates, Canada's Competition Bureau said on Tuesday. The Canadian branch of RBS contended it was unreasonable for the Canadian government to require it to produce a whole range of documents from its parent company in Britain. ... Full Story | Top | Republican moderate Senator Snowe announces retirement Tue,28 Feb 2012 03:15 PM PST Reuters - BOSTON (Reuters) - Senator Olympia Snowe, one of the few remaining Republican moderates in Congress, announced on Tuesday that she will not seek re-election for a fourth six-year term, citing the attitude of toxic partisanship in Congress. In a statement, Snowe said she was in good health and had "no doubt" she would have won re-election in November. Snowe said she was "well prepared for the electoral battle" she would have faced - one that analysts think could come from the conservative wing of her own party. ... Full Story | Top | US backs Fresenius buy of Liberty with clinic sales Tue,28 Feb 2012 03:15 PM PST Reuters - WASHINGTON (Reuters) - German healthcare conglomerate Fresenius Medical Care AG & Co has won U.S. antitrust approval to buy Liberty Dialysis Holdings Inc, provided it sells 60 dialysis clinics, the Federal Trade Commission said on Tuesday. Fresenius has more than 1,800 outpatient dialysis clinics in the United States that serve some 130,000 patients while Liberty has 260 dialysis centers that serve some 19,000 patients, the FTC said. The FTC said the outpatient dialysis clinics to be sold were in 43 U.S. markets. ... Full Story | Top | Ohio school shooter confesses as death toll climbs Tue,28 Feb 2012 03:01 PM PST Reuters - CHARDON, Ohio (Reuters) - The 17-year-old boy held in a shooting rampage at an Ohio high school has confessed to opening fire on fellow students he picked at random, prosecutors said on Tuesday, as two more teenagers died, bringing the death toll to three. Prosecutors identified the shooter as T.J. Lane and said he has admitted to taking a knife and a .22-caliber pistol into the cafeteria at Chardon High School in a town 35 miles east of Cleveland on Monday and firing 10 rounds. Students Demetrius Hewlin and Russell King Jr. ... Full Story | Top | China's military build-up seen independent of U.S. moves Tue,28 Feb 2012 02:53 PM PST Reuters - WASHINGTON (Reuters) - China's military build-up looks likely to continue "unabated" and independent of recent U.S. moves to reposition forces in Asia, the U.S. military commander for the Asia-Pacific region said on Tuesday. Admiral Robert Willard, head of U.S. Pacific Command, said Washington's policy of rebalancing toward the Asia-Pacific region has drawn China's attention since it was unveiled last year, but did not drive Beijing's build-up. "We've not seen Chinese military growth affected by the announcement, nor do we expect it to be. ... Full Story | Top | U.S. sees 'more of the same' from new N.Korea leader Tue,28 Feb 2012 02:48 PM PST Reuters - WASHINGTON (Reuters) - New North Korean leader Kim Jung-un looks unlikely to depart from the nuclear brinkmanship, threats to his region and repression of his father and grandfather, the top U.S. military commander for the Asia-Pacific region said on Tuesday. "He's a Kim, and he's surrounded by an uncle and Kim Jong-il's sister and others that I think are guiding his actions," said Admiral Robert Willard, head of U.S. Pacific Command. "So in that sense, we would expect ... more of the same. The strategy has been successful through two generations," he told a U.S. ... Full Story | Top | Iran says making nuclear bombs a "great sin" Tue,28 Feb 2012 02:45 PM PST Reuters - GENEVA (Reuters) - Iran, facing growing international pressure over its nuclear program, called for more talks with the U.N. nuclear watchdog on Tuesday and condemned production of atomic weapons as a "great sin." Iran says its nuclear program is peaceful but negotiations with the International Atomic Energy Agency (IAEA) have stalled and Western powers have grown increasingly concerned over the possible military dimensions of Tehran's atomic work. Iranian Foreign Minister Ali Akbar Salehi, in a speech to the U.N. ... Full Story | Top | BP seeks settlement with oil spill plaintiffs group Tue,28 Feb 2012 02:42 PM PST Reuters - NEW ORLEANS (Reuters) - BP Plc is seeking to settle a lawsuit over the massive 2010 Gulf of Mexico oil spill by tapping a $14 billion fund it set aside to compensate fishermen and businesses harmed by the disaster, lawyers familiar with the talks said. In exchange, the claimants, represented by a group called the Plaintiffs' Steering Committee, would drop their lawsuit in a court case scheduled to start in New Orleans on March 5. U.S. ... Full Story | Top | Venezuela says Chavez fine after Cuba surgery Tue,28 Feb 2012 02:42 PM PST Reuters - CARACAS (Reuters) - Surgeons removed a lesion from Venezuelan President Hugo Chavez's pelvis and the socialist leader is in "good physical condition" after the operation, his vice president said on Tuesday. Chavez, 57, had new surgery in Cuba despite his previous insistence that he had been cured of cancer after two procedures by doctors in Havana last year. The latest health setback has fueled fresh doubts about Chavez's health, his ability to campaign for re-election in October and his fitness to govern the South American nation for another six-year term if he wins. ... Full Story | Top | Factory, confidence data cloud view on recovery Tue,28 Feb 2012 02:41 PM PST Reuters - WASHINGTON (Reuters) - A strengthening jobs market helped lift U.S. consumer confidence to a one-year high this month, but a surprisingly large plunge in orders for some factory goods cast a cloud over signs of increased economic momentum. Other data on Tuesday showed home prices fell in December, a reminder of the uphill climb faced by the housing market. A recent slew of positive data had allayed fears economic growth could slow sharply early in the year. Other gauges of manufacturing activity have been solid, and the unemployment rate sank to a three-year low last month. ... Full Story | Top | NYC comptroller campaign treasurer charged with fraud Tue,28 Feb 2012 02:30 PM PST Reuters - NEW YORK (Reuters) - A top campaign aide for Comptroller John Liu, New York City's financial overseer, on Tuesday was charged with fraud for violating contribution limits, dealing another setback to the Democrat's quest to win his party's 2013 mayoral nomination. Liu, the first Asian-American to be elected New York City comptroller, serves as a fiscal watchdog, monitoring the city's finances with audits. He also helps run the city's $110 billion pension fund. His campaign treasurer, Jia Hou, was arrested on Tuesday, the second person charged in a scheme federal investigators say they ... Full Story | Top | FDA adds diabetes, memory loss warnings to statins Tue,28 Feb 2012 02:29 PM PST Reuters - (Reuters) - Health regulators are adding warnings to the labels of widely used cholesterol lowering drugs, such as Lipitor, to say they may raise levels of blood sugar and could cause memory loss. The Food and Drug Administration announced on Tuesday the changes to the safety information on the labels of statins such as Pfizer Inc's Lipitor, AstraZeneca's Crestor and Merck & Co's Zocor that are taken by tens of millions of people. ... Full Story | Top |
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