Tuesday, July 26, 2011

Daily News Digest: Most Popular News Headlines - Yahoo! News

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Tuesday, July 26, 2011 12:10 AM PDT
Today's Most Popular News Headlines - Yahoo! News:
Mom convicted in son's jaywalking death: 'This will never end for me'
Mon,25 Jul 2011 08:13 AM PDT
The Lookout - A Marietta, Ga., mom who was convicted of jaywalking after her 4-year-old son was run over and killed in a hit-and-run said on the Today Show that the worst part of going to jail would be the separation from her two remaining kids. Raquel Nelson was convicted of homicide by vehicle and reckless conduct by [...] Full Story
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Amid dueling debt plans, Obama to address nation
Mon,25 Jul 2011 03:54 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Top U.S. lawmakers dueled with diverging debt plans on Monday that offered little compromise and raised the threat of a ratings downgrade and national default as President Barack Obama prepared to address Americans on the impasse.


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GOP, Democrats ready rival emergency debt plans
Sun,24 Jul 2011 03:40 PM PDT
AP -

photo With bipartisan debt-limit talks deadlocked, House Republicans and Senate Democrats readied rival emergency fallback plans Sunday in hopes of reassuring world financial markets the U.S. government will avoid an unprecedented default.


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Challenging Obama, House GOP unveils new debt bill
Mon,25 Jul 2011 01:53 PM PDT
AP -

photo In a blunt challenge to President Barack Obama, House Republicans drafted legislation Monday to avert a potentially devastating Aug. 2 government default — but along lines the White House has already dismissed. U.S. and world financial markets shrugged off the uncertainty.


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New York state celebrates first same-sex marriages
Sun,24 Jul 2011 12:49 PM PDT
Reuters -

photoNEW YORK/NIAGARA FALLS, New York (Reuters) - Wedding fever hit New York on Sunday, as hundreds of gay and lesbian couples lined up to be married on the first day that same-sex marriage was legal in the state.


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Stewart suits up for battle in 'Snow White'
Sat,23 Jul 2011 08:08 PM PDT
AP -

photo Kristen Stewart dons armor and wields a huge sword and shield for her next movie. Rest assured, it will not be your mother and father's Snow White.


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Boehner: GOP ready to act alone on debt deal
Sun,24 Jul 2011 02:45 PM PDT
AP -

photoScrambling to head off disaster, House Speaker John Boehner on Sunday readied a plan to prevent the first government default in U.S. history and said Republicans would act alone if Democrats didn't go along. The White House said President Barack Obama would veto a plan that failed to extend the nation's borrowing power into 2013 as time for action drew dangerously close.


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Norway mass killer jeered on way to court hearing
Mon,25 Jul 2011 06:34 AM PDT
Reuters -

photoOSLO (Reuters) - Anders Behring Breivik, who killed at least 93 people in a bomb attack and shooting rampage in Norway, arrived at an Oslo courtroom for a closed custody hearing on Monday to jeers from an angry crowd.


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Wall St declines as debt talks stall
Mon,25 Jul 2011 09:03 AM PDT
Reuters -

photoNEW YORK (Reuters) - Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.


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Mystery prisoner has Utah jail authorities stumped
Sat,23 Jul 2011 12:54 PM PDT
Reuters - PROVO, Utah (Reuters) - A mystery man arrested on minor charges more than three weeks ago remains behind bars in Utah while law enforcement officials try to determine his true identity, which he refuses to reveal. Full Story
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Norway rampage culprit calm, expects life in jail
Mon,25 Jul 2011 11:36 AM PDT
AP -

photoThe self-described perpetrator of one of the worst modern mass murders in peacetime told Norwegian authorities that that he expects to spend the rest of his life in prison but two other cells of his terror network remain free, officials said Monday.


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Hotel maid in Strauss-Kahn case speaks out
Sun,24 Jul 2011 04:44 PM PDT
Reuters -

photoNEW YORK (Reuters) - The New York hotel maid who accused former IMF chief Dominique Strauss-Kahn of attempting to rape her said in an interview published on Newsweek's website on Sunday that he appeared as a "crazy man" and attacked her when she entered his room.


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Grizzly bear attacks seven teens in Alaska
Sun,24 Jul 2011 11:22 PM PDT
Reuters - ANCHORAGE, Alaska (Reuters) - A grizzly bear has attacked seven teenagers in Alaska, injuring four of them, Alaska State Troopers said on Sunday. Full Story
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Norway suspect borrowed from Unabomber's manifesto
Sun,24 Jul 2011 03:21 PM PDT
AP - Parts of the manifesto written by the suspect in Norway's terrorist attacks were taken almost word for word from the writings of "Unabomber" Ted Kaczynski. Full Story
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Norway mourns victims of anti-Islam "Crusader"
Sun,24 Jul 2011 11:47 AM PDT
Reuters -

photoSUNDVOLLEN, Norway (Reuters) - Norway mourned on Sunday 93 people killed in a shooting spree and car bombing by a Norwegian who saw his attacks as "atrocious, but necessary" to defeat liberal immigration policies and the spread of Islam.


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Palin's 'Undefeated' tanks, heads to Pay-Per-View
Mon,25 Jul 2011 12:31 PM PDT
The Ticket - "The Undefeated," the documentary about Sarah Palin, appears to have suffered box office defeat. The film opened in 10 locations last week and upped its exposure to 14 cities this weekend. But Reuters today reports that even as the number of screening venues increased, box office revenue has declined by more than 63 percent. It [...] Full Story
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Navy prepares submarines for 1st female officers
Sun,24 Jul 2011 10:10 AM PDT
AP - For Ensign Peggy LeGrand, the biggest concern about serving on a submarine is not spending weeks at a time in tight quarters with an entirely male crew. What worries her is the scrutiny that comes with breaking one of the last gender barriers in the U.S. military. Full Story
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Boehner preparing to move on debt limit
Mon,25 Jul 2011 06:09 AM PDT
AP -

photoBickering in public yet bargaining in private, congressional leaders are struggling for a compromise debt limit deal that avoids a market-rattling default in little over a week while cutting trillions in spending.


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The 400 Richest Americans Pay An 18% Tax Rate
Mon,25 Jul 2011 05:19 AM PDT
Forbes - The 400 richest Americans used to pay  30% of their income on the average to Uncle Sam. Today, they pay 18% on the average, according to Steve Rattner, a Wall Street financier, who just presented these figures on Mornings With Joe,MSNBC.The main reason for the drop in their tax rate of some 40% is the tax cuts by George Bush in 2003, taking the rate paid on dividends and capital gains down to 15%. This reduction in the investment class's taxes powered the bull market in stocks from the fall of 2003 until the fall of 2007. ... Full Story
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Don't Get Caught Holding Dollars When The U.S. Default Arrives
Sat,23 Jul 2011 12:11 PM PDT
Forbes -

photoGreece can't solve a problem of too much debt by taking on even more. We will note, however, that by some measures, the United States is even more deeply in hock than Greece.Greece's debt-to-GDP ratio is 143%. America's is officially 97%. But the $14.3 trillion national debt, stacked up against a $14.7 trillion economy, doesn't tell the whole story. Look at these numbers:•$14. ...


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Norway suspect ordered held, warns of 2 more cells
Mon,25 Jul 2011 07:07 AM PDT
AP -

photoThe man who has confessed to carrying out a bombing and shooting spree that left 93 people dead in Norway will be held in complete isolation for four weeks after a hearing in which he said his terror network had two other cells.


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Green algae in the Yellow Sea
Mon,25 Jul 2011 12:41 PM PDT
The Upshot - Come on in, the water's . . . green. In Qingdoo, Shandong Province of China, the coastal waters are covered with algae called enteromopha prolifera. The algae is not poisonous and doesn't affect water quality, but there are concerns about how it may affect local sealife and whether it might spur a drop in tourism. [...] Full Story
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Companies churn out profits but not jobs
Sun,24 Jul 2011 05:06 PM PDT
Reuters -

photoNEW YORK (Reuters) - The sluggish pace of hiring may be hobbling the U.S. economy, but it's not been holding back big U.S. companies' profits thanks to growth overseas and cost controls at home. And that's bad news for the more than 14 million Americans without jobs.


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Everybody says they want to avoid default, but there's still no legislation
Mon,25 Jul 2011 08:29 AM PDT
Exclusives - By Major Garrett National Journal The aspirations don't match the situation. To hear them talk, the White House and every key player on Capitol Hill wants to avoid the first-ever default in American history. That's the aspiration. The situation is … Continue reading Full Story
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Upgrade Your Life: Must-have smartphone add-ons
Wed,20 Jul 2011 09:00 AM PDT
Upgrade Your Life - Your smartphone is not just for making calls. It's a powerful computer, and if you're just making calls you're only using a fraction of its capabilities. So in this week's episode of Upgrade Your Life, Yahoo! News' Becky Worley shows us some must-have add-ons that maximize the power of your smartphone! Logitech Tablet Keyboard ($56.78-$71.99) [...] Full Story
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Mother whose son was killed in hit-and-run faces two years in jail for jaywalking
Thu,21 Jul 2011 01:12 PM PDT
The Lookout - Marietta mother Raquel Nelson--who lost her 4-year-old son when a car ran into him as she was headed home from the bus stop with her three children--may face up to two and half years in prison for jaywalking. The Huffington Post's Radley Balko points out that Nelson may serve six times as many months in [...] Full Story
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Man shot estranged wife, her family at roller rink
Sun,24 Jul 2011 10:25 AM PDT
AP - A gunman shouted at the children to leave his son's birthday party at a Texas roller rink before fatally shooting his estranged wife and four of her relatives and then killing himself as others panicked and some fled screaming in their skates, police and witnesses say. Full Story
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UAW wants bigger cut of Detroit's newfound profits
Mon,25 Jul 2011 09:44 AM PDT
AP -

photo To help American carmakers stay in business, autoworkers grudgingly gave up pay raises and some benefits four years ago.


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Congress "nutters" risk global finance: UK minister
Sun,24 Jul 2011 05:05 AM PDT
Reuters -

photoLONDON (Reuters) - Right-wing "nutters" in the United States Congress holding up a deal to prevent a catastrophic debt default are a greater risk to the global financial system than problems in the euro zone, a British minister said Sunday.


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S.African 'corpse' wakes up, scares off morgue staff: report
Sun,24 Jul 2011 12:41 PM PDT
AFP -

photoA 50-year-old South African man thought to be dead woke up in a chilly morgue on Sunday and shouted to be let out, scaring off two attendants who thought he was a ghost, local media reported.


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Pawlenty: Obama not showing courage in debt crisis
Sun,24 Jul 2011 06:30 AM PDT
AP -

photo GOP presidential candidate Tim Pawlenty says President Barack Obama is showing no courage in the debt showdown.


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Norway killer planned red wine treat before attack
Mon,25 Jul 2011 06:57 AM PDT
Reuters - OSLO (Reuters) - The confessed killer of more than 90 people in Norway wanted to prepare by hiring two top-class prostitutes and drinking some expensive French wine, the document he distributed on the Internet showed Monday. Full Story
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$2.7 Trillion In Spending Cuts And No New Taxes
Sun,24 Jul 2011 05:50 PM PDT
Forbes - This plan from Sen. Reid screws the old, the middle class, the citizens dependent on social services and retains historic income for the rich. It is the diametric opposite of the New Deal, the Fair Deal,  everything  progressive in our nation's recent history.It is a dangerous precedent that makes the disparity between the rich and the poor even greater-- and ultimately risks such dissension and social unrest that could erupt into sporadic acts of outrage.Shame on the political class if it accepts this unfair and unequal solution. Full Story
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Gay marriage opponents sue to overturn NY law
Mon,25 Jul 2011 10:08 AM PDT
AP -

photoOpponents to New York's gay marriage law filed the first lawsuit challenging the measure, an anticipated salvo that came one day after weddings were celebrated around the state.


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Palin doc headed for PPV as ticket sales plummet
Sun,24 Jul 2011 05:12 PM PDT
Reuters -

photoLOS ANGELES (TheWrap) - With its Sarah Palin documentary "The Undefeated" increasing its playdates by 40 percent this weekend, only to watch box office revenue decline by more than 63 percent, distributor Arc Entertainment announced Sunday that the film will soon be available on pay per view.


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Analysis: United States gets closer to losing its AAA rating
Mon,25 Jul 2011 08:11 AM PDT
Reuters -

photoNEW YORK (Reuters) - The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse in Washington reduced hopes of an agreement to meaningfully cut the nation's budget deficit.


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Ex-NBA player Wright's death remains a mystery
Sun,24 Jul 2011 10:58 AM PDT
AP -

photo In the year since Lorenzen Wright's decomposing body was found in a secluded field in southeast Memphis, his mother has kept pressing authorities to find whoever killed the former NBA player.


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Police lower Norway attacks death toll to 76
Mon,25 Jul 2011 08:30 AM PDT
AP -

photoPolice announced Monday that they had dramatically overcounted the number of people slain in a shooting spree at a political youth group's island retreat and were lowering the confirmed death toll from 86 to 68.


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Officials scramble for debt deal, markets on edge
Sun,24 Jul 2011 03:47 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama and congressional leaders struggled on Sunday to break a partisan deadlock on a budget deal to avoid a U.S. debt default and reassure global markets, with no sign of a deal emerging.


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Ancient bell found in Jerusalem Old City sewer
Sun,24 Jul 2011 11:52 AM PDT
AP -

photo A tiny golden bell pulled after 2,000 years from an ancient sewer beneath the Old City of Jerusalem was shown Sunday by Israeli archaeologists, who hailed it as a rare find.


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