Friday, December 31, 2010

Daily News Digest: Top Stories

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Friday, December 31, 2010 12:02 AM PST
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Today's Top Stories:
Storms dump heavy rain, snow on parts of West
Thu, 30 Dec 2010 06:32 pm PST
AP - A winter storm pummeled the western U.S. on Thursday with fierce wind gusts, heavy rain and more than 2 feet of snow, closing hundreds of miles of roads and dumping a snowy mix of precipitation on the edges of Phoenix. Full Story
Top

200,000 people affected by flooding in Australia
Thu, 30 Dec 2010 07:56 pm PST
AP - More than 200,000 people have been affected by relentless flooding in northeast Australia, with the flood zone now stretching over an area bigger than France and Germany combined, officials said Friday. Full Story
Top

WikiLeaks show US frustrated with Egypt military
Thu, 30 Dec 2010 11:17 pm PST
AP - Egypt's military, the biggest recipient of U.S. military aid after Israel, is in decline, according to American diplomats, who blame the Arab nation's top brass for failing to modernize and adapt to deal with new threats. Full Story
Top

US Homeland Security chief arrives in Afghanistan
Thu, 30 Dec 2010 08:49 pm PST
AP - Homeland Security Secretary Janet Napolitano (neh-pahl-ih-TAN'-oh) has arrived in Kabul, Afghanistan, to spend New Year's Eve with U.S. troops and the Homeland Security officers who have been working with the Afghan government to try to secure that country's porous borders from militants, as well as weapons and drug smugglers. Full Story
Top

Millions gathering to count in the new year
Thu, 30 Dec 2010 11:34 pm PST
AP - Enthusiastic Australians camped out at parks alongside the Sydney Harbour Bridge to win the best view of Friday's spectacular New Year's Eve fireworks kicking off celebrations around the world. Full Story
Top

Time Warner Cable says Big 4 shows to stay on-air
Thu, 30 Dec 2010 08:06 pm PST
AP - Time Warner Cable Inc. said Thursday that its customers will still be able to view major programming from ABC, CBS, NBC and Fox even if it can't reach a deal with broadcaster Sinclair before their contract expires Friday at midnight. Full Story
Top

Kidney parole condition raises ethical questions
Thu, 30 Dec 2010 06:33 pm PST
AP - A debate is unfolding over an unusual offer from Mississippi's governor: He will free two sisters imprisoned for an armed robbery that netted $11, but one woman's release requires her to donate her kidney to the other. Full Story
Top

Rare treat: NKorea screens 'Bend it Like Beckham'
Thu, 30 Dec 2010 10:04 pm PST
AP - North Koreans got a rare treat this week: a state TV broadcast of the British soccer film "Bend it Like Beckham." Full Story
Top

Word warriors vanquish 'viral,' eradicate 'epic'
Thu, 30 Dec 2010 10:20 pm PST
AP - It's official: Viral went viral, and now it's been virtually vaporized. Full Story
Top

UConn's win streak ends at 90 in loss to Stanford
Thu, 30 Dec 2010 10:12 pm PST
AP - Stanford really does have UConn's number. Full Story
Top

Rattner settles with Cuomo for $10 million
Thu, 30 Dec 2010 12:37 pm PST
Reuters - Former Obama administration auto industry czar Steven Rattner agreed to pay $10 million to resolve lawsuits by New York's attorney general over kickbacks allegedly paid to do business with the state's pension fund. Full Story
Top

Asia stocks ring out 2010 with solid gains but dollar dips
Thu, 30 Dec 2010 07:27 pm PST
Reuters - Most Asian stock markets looked set on Friday to end the year with solid gains and further advances are expected in 2011, but worries about the sluggish U.S. economy and Europe's festering debt crisis will likely keep investors on edge well into the new year. Full Story
Top

Woman in insider trading case stays in jail
Thu, 30 Dec 2010 04:20 pm PST
Reuters - A California woman charged with leaking secrets about technology companies to two hedge funds in exchange for illegal payments will stay in jail over the weekend after a friend failed to guarantee her bail, her lawyer said. Full Story
Top

Russia's Khodorkovsky sentenced, West concerned
Thu, 30 Dec 2010 10:47 am PST
Reuters - Former tycoon Mikhail Khodorkovsky's jail term was extended until 2017 on Thursday when he was convicted of theft and money-laundering in a trial condemned in the West as politically motivated. Full Story
Top

Minnesota sues 3M over pollution claims
Thu, 30 Dec 2010 11:24 am PST
Reuters - The state of Minnesota sued 3M Co on Thursday, saying that the company contaminated the state's waters for decades with chemicals used in some of its best known products, including Scotchgard stain repellent. Full Story
Top

Ford recalls F-series pickups, Edge, Lincoln MKX
Thu, 30 Dec 2010 12:18 pm PST
Reuters - Ford Motor Co is recalling about 20,000 new vehicles in North America, mainly its heavy duty pickup trucks, due to the chance that an electrical short could cause a fire, Ford and U.S. federal regulators said on Thursday. Full Story
Top

Groupon eyes IPO by end of 2011: report
Thu, 30 Dec 2010 12:17 pm PST
Reuters - Online discount coupon provider Groupon Inc is working toward a potential public offering of its common shares by the end of 2011, the New York Times said, citing people briefed on the matter. Full Story
Top

Venezuela condemns "imperial" U.S. visa reprisal
Thu, 30 Dec 2010 12:35 pm PST
Reuters - Venezuela condemned on Thursday the United States' revocation of its ambassador's visa as an "imperial" move by President Barack Obama's government, saying the measure should be immediately overturned. Full Story
Top

UN warns Gbagbo against attack on Ivory Coast peacekeepers
Thu, 30 Dec 2010 05:49 pm PST
AFP - The United Nations sternly warned Ivory Coast strongman Laurent Gbagbo on Thursday not to allow an attack on the hotel where its peacekeepers are defending Alassane Ouattara's shadow government. Full Story
Top

Forced evacuations as many flee Australian floods
Thu, 30 Dec 2010 11:40 pm PST
AFP - Australia Friday started forced evacuations of a major town as floods which have already affected 200,000 people swamped more communities in the stricken northeast. Full Story
Top



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