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HEADLINES — Tuesday, November 24th, 2009
6.8-Magnitude Quake Rattles Tonga A 6.8-magnitude earthquake struck off the Pacific island nation of Tonga, sending panicked residents into the streets at night, but there were no immediate reports of damage or injuries. Staff, AP NEWS - 2 minutes ago
Reports on Consumer Confidence, GDP Tug at Stocks Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped the market’s optimism. Stephen Bernard and Sara Lepro, AP NEWS - 5 minutes ago
Home Prices Rise for 4th Month in a Row The summer’s trend of rising home prices is flattening as the traditional home shopping season ends, two reports Tuesday showed. Alan Zibel, AP NEWS - 5 minutes ago
White House: Obama Afghan Decision ‘Within Days’ The White House braced for a tough sell of President Barack Obama’s long-awaited decision on whether to commit tens of thousands of new U.S. forces to the stalemated war in Afghanistan. Anne Gearan and Jennifer Loven, AP NEWS - 7 minutes ago
Belgian Expert Looks at Other Questionable Comas A doctor who discovered that a Belgian man had been wrongly diagnosed as vegetative says he is reexamining dozens of other cases. Staff, AP NEWS - 8 minutes ago
Crude Prices Near $76 Per Barrel Oil prices fell below $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains luke warm at best. Dirk Lammers, AP NEWS - 11 minutes ago
Consumer Confidence Improves Slightly in November Americans' confidence in the economy improved slightly in November from October, but shoppers remain gloomy heading into the traditional start of the holiday shopping season amid a weak job market, according to a monthly survey. Anne D'Innocenzio, AP NEWS - 12 minutes ago
SC Legislators Begin Sanford Impeachment Hearings Legislators irked for months over Gov. Mark Sanford’s summertime vanishing act and his tearful revelation that he was in Argentina for a rendezvous with his lover plan to start debating a measure Tuesday that ultimately would remove him from office. Jim Davenport, AP NEWS - 13 minutes ago
Kansas Governor Makes Budget Cuts, Adjustments Kansas Gov. Mark Parkinson announced $259 million worth of spending cuts, reducing funds for highway maintenance and education to shore up a troubled state budget. John Milburn, AP NEWS - 16 minutes ago
Missouri Competes for $4B in Extra Education Money Missouri must be willing to overhaul its education system and develop new teaching methods to compete for more than $4 billion in federal funds, the state’s top education and political leaders said. Chris Blank, AP NEWS - 20 minutes ago
US Airways Defers Delivery of 54 Aircraft US Airways said Tuesday it will delay delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength. Staff, AP NEWS - 24 minutes ago
Utah Film Contest Rewards With Sundance Exposure Filmmakers around Utah are rushing to wrap their entries for a contest promoting the state as a desirable destination for film production. Brock Vergakis, AP NEWS - 24 minutes ago
Iraq Elections Face Delay Iraq cannot hold a national vote scheduled for January on time, Iraq’s election panel said Tuesday, even as a vice president signaled he would again veto an election law in a dispute whose roots lie in Iraq’s ethnic and sectarian divisions. Christopher Torchia, AP NEWS - 25 minutes ago
Banks Earn $2.8B in 3Q; Insurance Fund in the Red The apparent end of the recession and stabilizing financial markets have not cured the banking industry, the Federal Deposit Insurance Corp. said Tuesday. Daniel Wagner, AP NEWS - 27 minutes ago
Conn. Man Accused of $20 Million Investment Fraud Authorities said a Wethersfield, Conn., man has been charged with running a 12-year scheme that defrauded investors of more than $20 million. Staff, AP NEWS - 28 minutes ago
Jury Deliberates for 2nd Day in Petters Fraud Case A jury is deliberating the fate of a Minnesota businessman accused of operating a Ponzi scheme that cost investors more than $3.5 billion. Steve Karnowski, AP NEWS - 28 minutes ago
Medtronic 2Q Profit Rises 59 Percent on Sales Medtronic reported a surprising 59 percent boost in second-quarter profit Tuesday, as increased sales of implantable heart devices defied reports of weakening demand from competitors. Staff, AP NEWS - 31 minutes ago
CAPITAL CULTURE: 60 Years of US Meals for India In the history of U.S.-India relations, there’s been plenty of broken bread and even a few crumbled Triscuits. Darlene Superville, AP NEWS - 32 minutes ago
Canadians, Business Travelers Help ND Tourism Grow North Dakota is outpacing the nation in tourism growth, thanks in part to business travelers and Canadian shoppers, state officials said. Dave Kolpack, AP NEWS - 33 minutes ago
First Flight for Renewable Fuel Plane A plane powered by renewable fuel has circled the skies over the Netherlands, in the world’s first biofuel passenger carrying flight. Reuters Video, REUTERS NEWS VIDEO - 34 minutes ago
Heinz 2Q Profit Falls, But Sales Improve H.J. Heinz Co.’s second-quarter profit dropped 16 percent from last year, when the company’s results were boosted by currency shifts. Staff, AP NEWS - 41 minutes ago
Jennifer Hudson to Headline State Dinner It’ll be a dreamy entertainment lineup for the first state dinner of the Obama White House: singer Jennifer Hudson is set to perform Tuesday night. Staff, AP NEWS - 45 minutes ago
Netanyahu: Prisoner Swap Not a Done Deal Israel’s prime minister tried on Tuesday to temper expectations that a deal to free an Israeli soldier held by Hamas militants for more than three years was close, despite a rash of reports that serious progress has been made. Amy Teibel, AP NEWS - 47 minutes ago
GlaxoSmithKline Pulls Swine Flu Vaccines in Canada Canadian doctors have been advised not to use a batch of 170,000 swine flu vaccines after six reports of serious allergic reactions among recipients, but there are no similar reports from other countries, pharmaceuticals company GlaxoSmithKline PLC said Tuesday. Meera Selva, AP NEWS - 48 minutes ago
Hormel 4Q Profit Rises 50 Percent, But Sales Slip Hormel Foods said Tuesday its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower meat prices and a continuing pullback in consumer spending on pricier items like microwave meals. Emily Fredrix, AP NEWS - 48 minutes ago
Obama Welcomes Indian PM at Start of State Visit President Barack Obama showered praise on India and Prime Minister Manmohan Singh in an elaborate welcoming ceremony Tuesday, declaring it was only fitting the Indian leader should be the first state visitor of his administration. Foster Klug, AP NEWS - 49 minutes ago
UN: HIV Outbreak Peaked in 1996 The number of people worldwide infected with the virus that causes AIDS — about 33 million — has remained virtually unchanged for the last two years, United Nations experts said Tuesday. Maria Cheng, AP NEWS - 49 minutes ago
US Growth Downgrade Weighs on World Markets European and U.S. stock markets fell Tuesday after the U.S. government said the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world’s largest economy will be slow. Pan Pylas, AP NEWS - 50 minutes ago
FCC Chairman to Visit Ark., Talk About Broadband The head of the Federal Communications Commission plans to address students at the University of Arkansas Clinton School of Public Service on efforts to increase broadband Internet access across the country. Staff, AP NEWS - 52 minutes ago
China Executes 2 for Role in Tainted Milk Scandal China executed a dairy farmer and a milk salesman Tuesday, the only two people sentenced to death in a scheme to water down infant formula with an industrial chemical that left at least six children dead and sickened more than 300,000. Christopher Bodeen, AP NEWS - 53 minutes ago
Icebergs Head From Antarctica for New Zealand Ships in the south Pacific Ocean have been alerted that hundreds of icebergs believed to have split off Antarctic ice shelves are drifting north toward New Zealand, officials said Tuesday. Ray Lilley, AP NEWS - 53 minutes ago
Goodbye Jobs, Hello Mom and Dad, Say Young Adults Faced with limited job options, many young adults are turning to an old standby to weather the recession: moving back in with mom and dad. Hope Yen, AP NEWS - 53 minutes ago
Opposition Backs Australian Carbon Reduction Bill Australia’s opposition leader Tuesday pledged his party’s support for contentious legislation proposed by the government aimed at curbing the country’s greenhouse gas emissions. Rod McGuirk, AP NEWS - 55 minutes ago
Muslim Pilgrims Converge in Saudi City for Hajj An estimated 2.5 million Muslims have converged on Mecca for the annual hajj pilgrimage, as workers toil round the clock to complete construction projects designed to avoid deadly stampedes. Afp, AFP GLOBAL EDITION - 55 minutes ago
Iran Not Opposed to Sending Uranium Abroad Top Iranian officials said on Tuesday that Tehran is ready to send its low-enriched uranium abroad provided there is simultaneous exchange on its own soil of nuclear fuel processed by world powers. Afp, AFP GLOBAL EDITION - 55 minutes ago
Two Killed in Helicopter Crash off Israel At least two people were killed as a civilian helicopter crashed off the Israeli coast in the eastern Mediterranean on Tuesday, rescue workers and police said. Afp, AFP GLOBAL EDITION - 55 minutes ago
Iran Frees Top Reformist on $500,000 Bail Iran on Tuesday released on bail prominent reformist Mohammad Atrianfar who has been convicted in connection with street protests after June’s disputed presidential election, Tehran’s prosecutor said. Afp, AFP GLOBAL EDITION - 55 minutes ago
US Third Quarter Growth Revised Down to 2.8% US economic growth in the third quarter was slower than initially estimated, the Commerce Department said Tuesday, cutting its estimate to a 2.8 percent annual pace of expansion. Afp, AFP GLOBAL EDITION - 55 minutes ago
US Third Quarter Growth Revised Down to 2.8% US economic growth in the third quarter was revised down to 2.8 percent, the Commerce Department said Tuesday, cutting its earlier estimate of a 3.5 percent pace of expansion. Afp, AFP GLOBAL EDITION - 55 minutes ago
Iraq War Inquiry ‘Won’t Shy Away From Criticism’ A long-awaited public inquiry into Britain’s role in the Iraq war opened Tuesday, as its chairman vowed not to “shy away from criticism” of individuals or institutions over the controversial conflict. Afp, AFP EUROPEAN EDITION - 55 minutes ago
US Warns Against Iraq Election ‘Slippage’ The United States upped pressure on Iraqi politicians on Tuesday to reach a deal on holding elections as Washington seeks to avoid delays on the pullout of thousands of troops from the country. Afp, AFP AMERICAN EDITION - 55 minutes ago
US Public Divided on More Troops to Afghanistan: Poll A new poll Tuesday found Americans deeply divided about deploying more US troops to Afghanistan, just days before President Barack Obama was to announce his decision on sending reinforcements. Afp, AFP AMERICAN EDITION - 55 minutes ago
Russia, US Strive for Nuclear Deal by Dec 5: Minister Russia and the United States are working to reach agreement on a new nuclear accord to replace the treaty which runs out next week, Russian Foreign Minister Sergei Lavrov said Tuesday. Afp, AFP AMERICAN EDITION - 55 minutes ago
Mars Valleys Point to Rainy Red Planet A network of valleys discovered on Mars show that the red planet was likely once covered by a vast ocean that fed a humid, rainy climate, according to research published Monday. Afp, AFP AMERICAN EDITION - 55 minutes ago
Court: NY Can Seize Property for New NJ Nets Arena New York’s top court says the state can use eminent domain to force homeowners and businesses to sell their properties for a massive development in Brooklyn that includes a new arena for the New Jersey Nets. Staff, AP NEWS - 59 minutes ago
Green Mountain Sweetens Bid for Diedrich Coffee Green Mountain Coffee Roasters has raised its offer by $2 per share for Diedrich Coffee, matching a rival bid from Peet’s Coffee & Tea. Staff, AP NEWS - 60 minutes ago
German Santas Brush Up for Jobs A Munich school and job centre gets Santa Clauses ready for the Christmas rush. Reuters Video, REUTERS NEWS VIDEO - 62 minutes ago
Banks Earn $2.8B in 3Q; Insurance Fund in the Red Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits was $8.2 billion in the red. Daniel Wagner, AP NEWS - 64 minutes ago
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