Friday, March 4, 2011

Daily News Digest: Front Page News

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Friday, March 4, 2011 12:00 AM PST
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Today's Front Page News:
Years after vanishing in Iran, US man proven alive
Thu, 3 Mar 2011 07:24 pm PST
AP - Four years after a retired FBI agent mysteriously vanished inside Iran, U.S. officials have received irrefutable proof he is alive, a dramatic development that has sharply intensified diplomatic efforts to bring him home, The Associated Press has learned. Full Story
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Improving economy raises hopes for better hiring
Thu, 3 Mar 2011 09:25 pm PST
AP - Economists are expecting a strong report on job growth in February, bolstered by news that fewer people sought unemployment benefits last week than in any week in nearly three years. Full Story
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Israeli-Arab leaders under fire for Libya visit
Thu, 3 Mar 2011 10:50 pm PST
AP - Israeli-Arab leaders are on the defensive over a much-publicized visit to Libya last year, where they fawned over Moammar Gadhafi and posed for a series of photographs beaming alongside the longtime ruler. Full Story
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White House agrees to $6.5B more in budget cuts
Thu, 3 Mar 2011 10:37 pm PST
AP - The White House called for $6.5 billion in immediate spending cuts Thursday as negotiations opened with tea party-backed Republicans in Congress seeking reductions nearly 10 times as large in their drive to reduce the size of federal government. Full Story
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Protesters leave Wis. Capitol on judge's orders
Thu, 3 Mar 2011 10:08 pm PST
AP - Wisconsin's Republican leaders upped the stakes Thursday in their standoff with Democratic state senators who fled the state to deny a vote on anti-union bill, with Gov. Scott Walker threatening to begin issuing layoff notices within 24 hours unless his measure was passed and Senate Republicans authorizing police to round up their missing colleagues. Full Story
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Obama, Calderon pledge cooperation on drug wars
Thu, 3 Mar 2011 08:18 pm PST
AP - Seeking to repair damaged relations, President Barack Obama and Mexican President Felipe Calderon agreed Thursday to deepen their cooperation in combating drug violence and declared a breakthrough in efforts to end a long-standing dispute over cross-border trucking. Full Story
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Man questioned in deaths of kids found in canal
Thu, 3 Mar 2011 08:25 pm PST
AP - Police were questioning a man Thursday in the deaths of two children whose bodies were stuffed into luggage and dumped into a South Florida canal. Full Story
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Colo. boy, 12, faces charges in parents' killings
Thu, 3 Mar 2011 08:27 pm PST
AP - A 12-year-old boy accused of killing his parents and wounding two of his younger siblings is a "good kid" who is active in his church, often volunteering to hand out bulletins, work audio and video equipment and help other children learn Bible verses, friends and relatives said. Full Story
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$430k settlement reached in Love Twitter lawsuit
Thu, 3 Mar 2011 11:09 pm PST
AP - Courtney Love's 140 character Twitter rants against a fashion designer are costing her more than $430,000, an attorney says. Full Story
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NFL, union agree to 24-hour deadline extension
Thu, 3 Mar 2011 08:27 pm PST
AP - America's favorite sport is still in business — for another day. Full Story
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Wisconsin's Walker vows no compromise on unions
Thu, 3 Mar 2011 09:22 pm PST
Reuters - Wisconsin Governor Scott Walker vowed on Thursday never to compromise on the core of his plan to curb the power of public sector unions and said investors should buy the state's bonds precisely because he was taking a tough stance. Full Story
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Libyan rebels, Gaddafi forces battle for oil sites
Thu, 3 Mar 2011 11:05 pm PST
Reuters - Libyan rebels prepared for further attacks by forces loyal to leader Muammar Gaddafi on Friday as both sides struggled for control of a strategic coastal road and oil industry facilities. Full Story
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Jobs seen at 9-month high in February
Thu, 3 Mar 2011 09:13 pm PST
Reuters - Employers probably hired more workers in February than in any month since May last year, recovering from extreme winter weather and raising hopes the economic recovery has gathered critical momentum. Full Story
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China defense budget to stir regional disquiet
Thu, 3 Mar 2011 11:09 pm PST
Reuters - China will beef up its military budget by 12.7 percent this year, the government said on Friday, a return to double-digit spending increases that will stir regional unease. Full Story
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PIMCO's Gross urges slow pace of deficit cuts
Thu, 3 Mar 2011 12:23 pm PST
Reuters - Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery. Full Story
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Judge stays healthcare ruling, gives White House deadline
Thu, 3 Mar 2011 01:44 pm PST
Reuters - A judge on Thursday put on hold his ruling that President Barack Obama's healthcare overhaul was unconstitutional, allowing the White House to continue implementing the landmark legislation for now. Full Story
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Banks receive proposals on troubled mortgages: report
Thu, 3 Mar 2011 09:29 pm PST
Reuters - U.S. banks received a proposal from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgage borrowers, the Wall Street Journal said, citing people familiar with the matter. Full Story
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U.S. sees limited progress in Pakistan spy standoff
Thu, 3 Mar 2011 03:07 pm PST
Reuters - National security officials say progress is being made to persuade Pakistan to free a CIA contractor held on murder charges but that Washington could take punitive diplomatic and financial action if the case is not resolved soon. Full Story
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Obama ups pressure, Libya rebels rule out talks
Thu, 3 Mar 2011 07:30 pm PST
AFP - US President Barack Obama said all options were on the table for driving Libya's Moamer Kadhafi out of power as rebels angrily ruled out talking to a dictator with "blood" on his hands. Full Story
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Double-digit rise for China's military spending
Thu, 3 Mar 2011 11:14 pm PST
AFP - China has announced a double-digit increase in its secretive military budget but insisted the annual outlay of more than 90 billion dollars posed no external threat, despite concern worldwide. Full Story
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