Thursday, February 24, 2011

Daily News Digest: Top Stories

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Thursday, February 24, 2011 12:02 AM PST
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Today's Top Stories:
Gadhafi hold whittled away as Libya revolt spreads
Wed, 23 Feb 2011 10:12 pm PST
AP - The scope of Moammar Gadhafi's control was whittled away Wednesday as major Libyan cities and towns closer to the capital fell to the rebellion against his rule. In the east, now all but broken away, the opposition vowed to "liberate" Tripoli, where the Libyan leader is holed up with a force of militiamen roaming the streets and tanks guarding the outskirts. Full Story
Top

Obama sharpens critique of Libya amid wider unrest
Wed, 23 Feb 2011 04:08 pm PST
AP - The Obama administration on Wednesday sharpened its condemnation of a bloody crackdown on Libyan opposition demonstrators as it broadened its outreach to government officials, dissidents, rights activists and youth in other Arab nations across a Middle East that is seething with unrest. Full Story
Top

NZ earthquake toll at 98 dead, 226 missing
Wed, 23 Feb 2011 10:18 pm PST
AP - Hopes faded of finding more survivors Thursday in the collapsed downtown towers of New Zealand's quake-shattered Christchurch, as officials said the death toll rose to 98 with grave fears for many of the 226 missing. Full Story
Top

Higher oil prices would hamper global economy
Wed, 23 Feb 2011 04:10 pm PST
AP - Just as the U.S. and global economies are finally strengthening, they face a new danger: Rocketing oil prices, which topped $100 a barrel Wednesday. Full Story
Top

Government drops defense of anti-gay-marriage law
Wed, 23 Feb 2011 06:31 pm PST
AP - President Barack Obama ordered his administration on Wednesday to stop defending the constitutionality of a federal law that bans recognition of gay marriage, a policy reversal that could have major implications for the rights and benefits of gay couples and reignite an emotional debate for the 2012 presidential campaign. Full Story
Top

On prank call, Wis. governor discusses strategy
Wed, 23 Feb 2011 07:02 pm PST
AP - On a prank call that quickly spread across the Internet, Wisconsin Gov. Scott Walker was duped into discussing his strategy to cripple public employee unions, promising never to give in and joking that he would use a baseball bat in his office to go after political opponents. Full Story
Top

Government wants admissions from tobacco companies
Wed, 23 Feb 2011 05:49 pm PST
AP - The Justice Department disclosed Wednesday it wants to require the tobacco industry to admit publicly that smoking causes a multitude of medical problems, killing 1,200 Americans every day. Full Story
Top

Newspapers, GOP call for congressman to resign
Wed, 23 Feb 2011 05:33 pm PST
AP - Seven-term Democratic Rep. David Wu faced increasing pressure Wednesday to step down amid a series of bizarre revelations in recent days about his mental health, including a photo he sent to staffers during his re-election bid showing him wearing a tiger costume. Full Story
Top

The i(Pad)s of March: Apple plans tablet event
Wed, 23 Feb 2011 02:28 pm PST
AP - March Madness could take on a whole new meaning if Apple gives the world another iPad next week. Full Story
Top

Anthony has 27, Knicks beat Bucks in his NY debut
Wed, 23 Feb 2011 09:03 pm PST
AP - Carmelo Anthony had never experienced anything like his welcome to New York. Full Story
Top

World grapples for response as battles divide Libya
Wed, 23 Feb 2011 10:53 pm PST
Reuters - World leaders condemned Muammar Gaddafi's bloody crackdown on a revolt that has split Libya, but took little action to halt the bloodshed from the latest upheaval reshaping the Arab world. Full Story
Top

GM seen posting first full-year profit since 2004
Wed, 23 Feb 2011 11:09 pm PST
Reuters - General Motors Co is likely to report full-year earnings of more than $5 billion, its first annual profit in six years, although rising commodity prices and a drag from its European operations probably curbed the fourth-quarter performance. Full Story
Top

Oil hits 2-1/2 year high as Libya unrest cuts supply
Wed, 23 Feb 2011 11:19 pm PST
Reuters - Oil prices hit a fresh 2-1/2-year peak on Thursday on concern the bloody unrest that has cut more than a quarter of OPEC-member Libya's crude output could spread to other major producers, including top exporter Saudi Arabia. Full Story
Top

AIG may post big loss but remaining units the key
Wed, 23 Feb 2011 09:21 pm PST
Reuters - Bailed-out insurer American International Group Inc could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the real question is how well its surviving life and property businesses did in a tough market. Full Story
Top

Foreclosure home sales fall in 2010: RealtyTrac
Wed, 23 Feb 2011 10:20 pm PST
Reuters - Sales of foreclosed homes fell in 2010 as the market struggled with weak demand, though they still represented more than a quarter of total sales, according to a RealtyTrac report released on Thursday. Full Story
Top

Obama pulls defense for law banning gay marriage
Wed, 23 Feb 2011 04:15 pm PST
Reuters - President Barack Obama's administration will no longer defend a 15-year-old U.S. law that defined marriage as between a man and a woman, a major policy shift in favor of gay rights. Full Story
Top

New Zealand puts quake toll at 98, many more missing
Wed, 23 Feb 2011 11:33 pm PST
Reuters - New Zealand rescuers said on Thursday they held grave fears for more than 200 people still missing as the death toll from an earthquake reached 98 after searchers pulled dozens of bodies from a Christchurch television building now turned into a tomb. Full Story
Top

Boeing and Airbus brace for U.S. tanker decision
Wed, 23 Feb 2011 09:24 pm PST
Reuters - The United States looked set on Thursday to announce the winner of a $35 billion battle between Boeing and Airbus to supply aerial tankers to the U.S. Air Force after two failed attempts to renew its aging fleet. Full Story
Top

Kadhafi loses grip on eastern Libya
Wed, 23 Feb 2011 08:31 pm PST
AFP - Moamer Kadhafi's regime appeared to have lost vast swathes of Libya's east to an insurrection as Western nations braced for a mass exodus from a "bloodbath" in the oil-rich African state. Full Story
Top

Hope evaporates for survivors of N. Zealand quake
Wed, 23 Feb 2011 11:27 pm PST
AFP - New Zealand rescuers refused to give up the hunt for quake survivors Thursday even as hope faded for hundreds feared trapped two days after a disaster that has killed at least 98. Full Story
Top



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