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Thursday, January 27, 2011 12:03 AM PST

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Today's Top Stories: AP survey: Outlook for 2011 economy is brightening Not again! Another snowstorm hits East Coast Egypt's protests pose threat for regime Social Security fund now seen to be empty by 2037 Doctors: Rep. Giffords ready to start full rehab Color-coded terror warnings to be gone by April 27 APNewsBreak: Sedative maker deplores execution use 21 workers killed in Colombian mine blast Facebook to let advertisers republish user posts Li beats Wozniacki, to meet Clijsters in final Obama touts investment plan on middle America trip Lawmakers plan to reintroduce China currency bill Microsoft set to report lower profit on stale PC growth Fannie, Freddie seek to cut dividend on government stake: report Fed cautious on recovery, focused on joblessness Californians support vote on tax measure: poll Allen Stanford incompetent for trial: judge Starbucks sees higher 2011 coffee costs At least '1,000 arrested' in Egypt protests Cuban dissident Farinas is back behind bars AP survey: Outlook for 2011 economy is brightening Wed, 26 Jan 2011 10:52 pm PST AP - Employers will hire more workers this year, and the economy will grow faster than envisioned three months ago, according to an Associated Press survey that found growing optimism among leading economists. Full Story Top Not again! Another snowstorm hits East Coast Wed, 26 Jan 2011 10:25 pm PST AP - Schools closed, governments sent workers home early and planes were grounded Wednesday in an all-too-familiar routine along the East Coast as another snowstorm swept over a region already beaten down by a winter not even half over. Full Story Top Egypt's protests pose threat for regime Wed, 26 Jan 2011 10:12 pm PST AP - Thousands of Egyptians have vented their rage against President Hosni Mubarak's autocratic government for two straight days of protests that defied a ban on public gatherings. Baton-wielding police responded with tear gas and beatings in a crackdown that has shown no tolerance for dissent. Full Story Top Social Security fund now seen to be empty by 2037 Wed, 26 Jan 2011 10:54 pm PST AP - Sick and getting sicker, Social Security will run at a deficit this year and keep on running in the red until its trust funds are drained by about 2037, congressional budget experts said Wednesday in bleaker-than-previous estimates. Full Story Top Doctors: Rep. Giffords ready to start full rehab Wed, 26 Jan 2011 10:55 pm PST AP - Rep. Gabrielle Giffords on Wednesday left intensive care for the first time since she was shot in the head in Arizona more than two weeks ago, the latest big step in the long road to recovery. Full Story Top Color-coded terror warnings to be gone by April 27 Wed, 26 Jan 2011 10:56 pm PST AP - The nation's color-coded terror warning system will be phased out beginning this week, according to government officials familiar with the plan. The officials requested anonymity to speak ahead of an announcement scheduled Thursday by Homeland Security Secretary Janet Napolitano. Full Story Top APNewsBreak: Sedative maker deplores execution use Wed, 26 Jan 2011 10:56 pm PST AP - The sole U.S. manufacturer of a sedative that Ohio plans to use to execute death row inmates — and that Oklahoma already uses to do so — said Wednesday it opposes the practice and has asked both states to stop using the drug. Full Story Top 21 workers killed in Colombian mine blast Wed, 26 Jan 2011 10:58 pm PST AP - An explosion likely caused by a methane gas buildup ripped through an underground coal mine in Colombia during a shift change Wednesday, killing 21 workers, officials said. A similar fatal blast occurred at the same mine four years ago. Full Story Top Facebook to let advertisers republish user posts Wed, 26 Jan 2011 10:59 pm PST AP - Facebook users who check in to a store or click the "like" button for a brand may soon find those actions retransmitted on their friends' pages as a "Sponsored Story" paid for by advertisers. Full Story Top Li beats Wozniacki, to meet Clijsters in final Wed, 26 Jan 2011 11:14 pm PST AP - Kim Clijsters advanced to the Australian Open final with a comfortable win over Vera Zvonareva and will play for the title against Li Na, who saved a match point en route to becoming the first Chinese player to reach a Grand Slam championship final. Full Story Top Obama touts investment plan on middle America trip Wed, 26 Jan 2011 09:26 pm PST Reuters - President Barack Obama pressed his case on Wednesday for investment to grow the U.S. economy out of its budget woes, a job made tougher by a forecast that the deficit will surge 40 percent this year. Full Story Top Lawmakers plan to reintroduce China currency bill Wed, 26 Jan 2011 08:01 pm PST Reuters - U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday. Full Story Top Microsoft set to report lower profit on stale PC growth Wed, 26 Jan 2011 09:51 pm PST Reuters - Microsoft Corp is set to report a dip in earnings on Thursday, a year after the launch of its Windows 7 operating system blew away Wall Street estimates, as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market. Full Story Top Fannie, Freddie seek to cut dividend on government stake: report Wed, 26 Jan 2011 11:34 pm PST Reuters - Mortgage companies Fannie Mae and Freddie Mac have been lobbying the Treasury to accept a lower dividend on the preferred stock issued during the government bail out, the Financial Times said, citing people familiar with the situation. Full Story Top Fed cautious on recovery, focused on joblessness Wed, 26 Jan 2011 03:38 pm PST Reuters - The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has shown some signs of improvement. Full Story Top Californians support vote on tax measure: poll Wed, 26 Jan 2011 09:22 pm PST Reuters - A majority of Californians back Governor Jerry Brown's plan to ask them to extend tax increases to help close a $25.4 billion state budget gap, poll results released on Wednesday showed. Full Story Top Allen Stanford incompetent for trial: judge Wed, 26 Jan 2011 05:17 pm PST Reuters - Financier Allen Stanford is incompetent to stand trial at this time over accusations that he led a $7 billion fraud, a U.S. judge in Texas ruled on Wednesday. Full Story Top Starbucks sees higher 2011 coffee costs Wed, 26 Jan 2011 06:08 pm PST Reuters - Starbucks Corp, the world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought but stressed that it would not raise prices to cover the extra expense. Full Story Top At least '1,000 arrested' in Egypt protests Wed, 26 Jan 2011 11:55 pm PST AFP - At least 1,000 people have been detained in Egypt since Tuesday, in the most serious protests of President Hosni Mubarak's 30-year-rule, a security official said on Thursday, as activists vowed to continue rallying. Full Story Top Cuban dissident Farinas is back behind bars Wed, 26 Jan 2011 11:08 pm PST AFP - Cuban dissident Guillermo Farinas, the 2010 Sakharov rights prize winner, has been arrested and police are holding him in the central city of Santa Clara, his mother and dissidents said. Full Story Top

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