Today's Yahoo! News - Latest News & Headlines:
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High court to review tough Arizona immigration law
Mon,12 Dec 2011 03:17 PM PST
AP -  The Supreme Court stepped into the fight Monday over a tough Arizona law that requires local police to help enforce federal immigration laws — pushing the court deeper into hot, partisan issues of the 2012 election campaign.
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War nearly over, Obama says Iraq won't stand alone
Mon,12 Dec 2011 02:47 PM PST
AP -  Eager to put the long and divisive Iraq war to rest, President Barack Obama declared Monday "those days are over" with the last American troops heading home, but he pledged the U.S. would remain committed to the fledgling government they leave behind. He and Iraq's leader somberly saluted America's war dead at Arlington National Cemetery.
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You're greedy: Romney, Gingrich tussle before Iowa
Mon,12 Dec 2011 06:36 PM PST
AP -  Trading accusations of greed, Mitt Romney and Newt Gingrich challenged each other Monday to return millions made in private business as the race for the GOP presidential nomination turned increasingly acerbic and personal at the start of a three-week sprint to the Iowa caucuses.
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NJ Nets owner challenges Putin for presidency
Mon,12 Dec 2011 04:22 PM PST
AP -  After a week of surprising challenges to his authority, Vladimir Putin faces a new one from one of Russia's richest and most glamorous figures: The billionaire owner of the New Jersey Nets says he will run against him in March's presidential election.
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Study: Gingrich tax plan would worsen deficit
Mon,12 Dec 2011 03:47 PM PST
AP -  The tax plan by GOP presidential hopeful Newt Gingrich would provide big tax breaks to the rich and blow a huge hole in the federal budget deficit, according to an independent study released Monday.
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Protesters halt operations at some western ports
Mon,12 Dec 2011 09:47 PM PST
AP -  More than 1,000 Occupy Wall Street protesters blocked cargo trucks at some of the West Coast's busiest ports Monday, forcing terminals in Oakland, Calif., Portland, Ore., and Longview, Wash., to halt operations.
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Quiet Pa. town center stage for Sandusky faceoff
Mon,12 Dec 2011 06:19 PM PST
AP -  A sleepy country town better known for fly fishing than courtroom drama takes center stage Tuesday for a face-to-face encounter between a disgraced Penn State coach and the young men who say he sexually assaulted them as children in showers and campus locker rooms.
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Driver was texting in Missouri traffic pileup
Mon,12 Dec 2011 03:15 PM PST
AP -  A 19-year-old driver was texting just before his pickup truck, two school buses and a tractor truck collided in a deadly pileup on an interstate highway in Missouri last year, the National Transportation Safety Board said Monday.
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Ohio prosecutor mulls charges for in-game fight
Mon,12 Dec 2011 08:36 PM PST
AP -  An Ohio prosecutor said Monday he will consider criminal charges in the aftermath of a players brawl at the end of the Cincinnati-Xavier men's basketball game, as stunned fans and university officials pondered the tarnishing blow delivered to one of the city's most eagerly anticipated annual events.
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Lawmakers reach tentative deal to fund government
Mon,12 Dec 2011 08:27 PM PST
Reuters -  WASHINGTON (Reuters) - Lawmakers moved closer to a deal on Monday to fund the government through next year, potentially avoiding a shutdown that would have further damaged Congress' tattered reputation ahead of the 2012 election. The group of Republican and Democratic lawmakers tentatively agreed on how to fund a wide range of government functions from homeland security to protecting the environment, congressional aides said. ...
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Canada first nation to pull out of Kyoto protocol
Mon,12 Dec 2011 06:27 PM PST
Reuters -  OTTAWA (Reuters) - Canada on Monday became the first country to announce it would withdraw from the Kyoto protocol on climate change, dealing a symbolic blow to the already troubled global treaty. Environment Minister Peter Kent broke the news on his return from talks in Durban, where countries agreed to extend Kyoto for five years and hammer out a new deal forcing all big polluters for the first time to limit greenhouse gas emissions. ...
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WaMu settles dispute, eyes bankruptcy exit
Mon,12 Dec 2011 11:25 PM PST
Reuters - (Reuters) - Washington Mutual Inc, the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings. WaMu got a respite late on Monday when it said in a court filing that the shareholders represented by an equity committee would drop legal claims against settlement noteholders. ... Full Story | Top |
Fed likely to stay on sidelines at policy meeting
Mon,12 Dec 2011 09:02 PM PST
Reuters -  WASHINGTON (Reuters) - The Federal Reserve is likely to hold off offering the U.S. economy fresh stimulus at a meeting on Tuesday as it weighs encouraging signs on the recovery against risks coming from Europe. Central bank officials are expected to continue discussions on how they might sharpen their communications to get more traction out of the monetary easing they have already put in place, but observers rate chances of an announcement as low. Even less likely is the prospect of a new round of bond buying, although many analysts think that will happen eventually too. ...
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U.S. lawmakers freeze $700 million to Pakistan as distrust grows
Mon,12 Dec 2011 11:16 PM PST
Reuters -  ISLAMABAD (Reuters) - A crisis in relations looked set to deepen after a House-Senate negotiating panel agreed to freeze $700 million in aid to Pakistan until it gives assurances it is helping fight the spread of improvised explosive devices in the region. Pakistan is one of the largest recipients of U.S. foreign aid and the cutback announced is only a small proportion of the billions in civil and military assistance it gets each year. ...
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Gloves stay on in Gingrich-Huntsman N.H. debate
Mon,12 Dec 2011 07:30 PM PST
Reuters -  MANCHESTER, New Hampshire (Reuters) - The gloves didn't have to come off on Monday night in a Lincoln-Douglas style debate between Republican rivals Newt Gingrich and Jon Huntsman, who found more agreement than strife on foreign policy issues. The debate pitted the current Republican front-runner against the former Utah governor who is trailing in the dead-last zone among the pack of candidates running to challenge Democratic President Barack Obama in November 2012. ...
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Supreme Court to decide Arizona immigration law
Mon,12 Dec 2011 11:50 AM PST
Reuters -  WASHINGTON (Reuters) - The Supreme Court on Monday said it will rule for the first time on one of several tough, new state immigration laws, with a decision coming in the middle of the 2012 presidential election campaign. Potentially deepening political divisions over the contentious immigration policy issue, the court will decide if key parts of an Arizona crackdown can proceed. The ruling could have implications for similar tough laws adopted recently in other states. ...
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Euro zone fiscal pact fails to restore confidence
Mon,12 Dec 2011 02:16 PM PST
Reuters -  LONDON/PARIS (Reuters) - A European summit deal to strengthen budget discipline in the euro zone failed to restore financial market confidence on Monday, forcing the European Central Bank to step in again gingerly. The euro fell, stocks slid and borrowing costs for Italy and Spain rose as investors weighed the outcome of last week's summit that split the European Union, with Britain blocking treaty change and forcing euro zone countries to negotiate a fiscal accord outside the Union. ...
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Obama says U.S. will be loyal partner for Iraq
Mon,12 Dec 2011 03:37 PM PST
Reuters -  WASHINGTON (Reuters) - With Iranian influence and Syria's instability looming over Iraq as U.S. troops pack up to go, President Barack Obama assured Baghdad on Monday the United States would remain a strong partner beyond the withdrawal. The removal of almost all U.S. forces from Iraq by December 31 has created uncertainty at a time when the region remains roiled by the Arab Spring, and amid fear that a bloody anti-government revolt in Syria could spread sectarian strife into neighboring Iraq. ...
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Two Putin-era Russians seek liberal mantle
Mon,12 Dec 2011 11:05 AM PST
Reuters -  MOSCOW (Reuters) - Russia's former finance chief and one of its richest tycoons put themselves forward as candidates to unite liberal and middle-class voters who vented frustration with Vladimir Putin's political dominance by taking to the streets in protest. Alexei Kudrin, a longtime Putin ally forced out as finance minister in September, said he wanted to help create a liberal party to fill a void exposed by Russia's December 4 parliamentary vote, which set off mass protests over alleged fraud. ...
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Intel says sales hit by hard drive shortage
Mon,12 Dec 2011 02:30 PM PST
Reuters -  (Reuters) - Intel Corp warned that hard-disk drive supply shortages would hurt its current-quarter revenue, the latest heavyweight in the PC industry to caution about the effects of flooding that has crippled factories in Thailand. The warning sent shares of the world's top chipmaker down 4.8 percent and weighed on Wall Street. Hundreds of people have died in flooding in Thailand that has caused billions of dollars in damages since late July and disrupted international supply chains in the PC and automobile industries. ...
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MF Global execs say don't know where the money is
Mon,12 Dec 2011 04:00 PM PST
Reuters -  WASHINGTON (Reuters) - Top-ranking executives at MF Global will tell lawmakers on Tuesday that they do not know what happened to hundreds of millions of dollars in missing customer funds, echoing what their former colleague Jon Corzine told Congress last week. MF Global Chief Operating Officer Bradley Abelow and Chief Financial Officer Henri Steenkamp are due to testify on Tuesday alongside Corzine, who resigned last month after the brokerage filed for bankruptcy. ...
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Romney, gay vet meet, differ in New Hampshire
Mon,12 Dec 2011 02:42 PM PST
Reuters -  MANCHESTER, New Hampshire (Reuters) - Republican Mitt Romney probably expected a different scenario in a Manchester diner on Monday when he tucked into a booth to make small talk with an older man wearing a "Vietnam Vet" baseball cap. Romney has been vocal in opposing cuts to U.S. military spending, and chatting up a veteran would seem like an easy warm-up to a day on the campaign trail. But military spending wasn't on the mind of Bob Garon, who served in the U.S. Army during the Vietnam War. Garon is gay, and a newlywed. ...
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Gingrich, Romney turn up the heat in New Hampshire
Mon,12 Dec 2011 03:53 PM PST
Reuters -  HOLLIS, New Hampshire (Reuters) - The tense campaign between Republican presidential candidates Newt Gingrich and Mitt Romney heated up further on Monday in New Hampshire, where Romney's lead in opinion polls has shrunk in recent weeks. The frontrunners for the 2012 Republican nomination to challenge Democratic President Barack Obama campaigned near to each other in the Manchester area. Their biting remarks about one another reflected how New Hampshire - long seen as a lock for Romney, a former Massachusetts governor - now has the look of a competitive primary. ...
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Trump debate still on, says conservative U.S. publisher
Mon,12 Dec 2011 03:05 PM PST
Reuters -  WASHINGTON (Reuters) - The Conservative publisher Newsmax said it is going ahead with a planned December 27 Republican presidential "debate" moderated by Donald Trump and featuring candidates Newt Gingrich and Rick Santorum, despite controversy generated by one of its star attractions. ...
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