Today's Yahoo! News - Latest News & Headlines:
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Tight race in Iowa kicks off 2012 campaign
Mon,2 Jan 2012 10:03 PM PST
Reuters -  DES MOINES, Iowa (Reuters) - Iowa Republicans cast the first votes of the 2012 White House campaign on Tuesday, with Mitt Romney, Rick Santorum and Ron Paul in a high-stakes battle to win the party's kick-off nominating contest. Voters will gather in schools, libraries and other public spots across the state to render judgment in the frequently shifting Republican race to pick a challenger to President Barack Obama in the November 6 election. Santorum, a conservative former U.S. ...
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Same-store sales seen up 4.3 percent in December
Mon,2 Jan 2012 09:11 PM PST
Reuters -  (Reuters) - When top retailers post their December sales this week, Wall Street analysts are expecting them to report a healthy end to the holiday season, helped by discounts, improved consumer sentiment and tactics like extended hours and layaways. Some 22 major chains, from Macy's Inc and Target Corp to Costco Wholesale Corp and Gap Inc should post an aggregate 4.3 percent increase in December sales at stores open at least a year, according to Thomson Reuters, capping a season that started moderately but gained steam in December. ...
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Arab League says Syria monitors are helping
Mon,2 Jan 2012 03:57 PM PST
Reuters -  BEIRUT (Reuters) - The head of the Arab League has said its peace monitors are helping to ease a violent crackdown on anti-government protests in Syria, but urged President Bashar al-Assad's government to carry out a peace plan in full. Meanwhile army defectors whose armed insurgency has threatened to overshadow the peaceful popular uprising captured dozens of members of the security forces by seizing two checkpoints Monday, the opposition said. ...
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Iran test-fires missiles in Gulf exercise
Mon,2 Jan 2012 06:53 AM PST
Reuters -  TEHRAN (Reuters) - Iran said on Monday it had successfully test-fired what it described as two long-range missiles, flexing its military muscle in the face of mounting Western pressure over its nuclear program. The announcement came at the climax of 10 days of naval exercises in the Gulf, during which Tehran has warned it could shut the Strait of Hormuz, through which 40 percent of world oil is shipped, if sanctions were imposed on its crude exports. ...
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New York firebomb attacks hit mosque, Hindu site
Mon,2 Jan 2012 12:38 PM PST
Reuters -  NEW YORK (Reuters) - New York police are investigating as bias crimes four Molotov cocktail attacks on Sunday night including one against a mosque with 75 people inside and another against a Hindu place of worship. No injuries were reported. New York Governor Andrew Cuomo on Monday assigned state law enforcement officials to assist the New York City investigation, saying the attacks "go against everything we stand for as New Yorkers and Americans," and the Council on American-Islamic Relations condemned the attacks. ...
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Sarkozy, Merkel to meet as Europe seeks crisis exit
Mon,2 Jan 2012 08:17 AM PST
Reuters -  PARIS (Reuters) - France's Nicolas Sarkozy will meet German Chancellor Angela Merkel in Berlin on January 9 for talks that are likely to centre on new rules to enforce budget discipline across the European Union. The two leaders are anxious to flesh out a plan agreed at a December summit by all EU members except Britain for a new treaty to forge closer fiscal integration, as Europe battles to stem a sovereign debt crisis in the euro zone. The French president's office announced the upcoming meeting but gave no further details. ...
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Factory output subdued going into 2012
Mon,2 Jan 2012 04:22 AM PST
Reuters -  LONDON/MUMBAI (Reuters) - Global manufacturing activity was subdued going into 2012, with the euro zone's industrial sector suffering its fifth straight month of declines in December and Asian factories mostly stuck in a rut. Monday's purchasing managers indexes (PMIs) provided further evidence that Europe is unlikely to avoid a recession. The rate of decline of activity in euro zone factories eased slightly to raise hopes the downturn will not be as severe as feared, though hiccups in the Spanish and Czech deficit reduction programs emphasized the extent of the continent's debt troubles. ...
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Rupert Murdoch splashes opinions on Twitter
Mon,2 Jan 2012 10:17 PM PST
Reuters -  NEW YORK (Reuters) - Media mogul Rupert Murdoch has rung in the New Year with a new Twitter account that includes praise for Republican presidential hopeful Rick Santorum and opinions on President Barack Obama's policies and the Steve Jobs biography. By Monday night, just two days after he started his Twitter account, the 80-year-old chief of News Corp had already issued more than 20 tweets and acquired 74,000 followers. Teri Everett, a spokeswoman for News Corp, confirmed the Twitter account (http://twitter.com/#!/rupertmurdoch) was Murdoch's. ...
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Nigerian anger heats up as petrol prices rocket
Mon,2 Jan 2012 12:49 PM PST
Reuters - ABUJA (Reuters) - Nigerian motorists and unions vented their anger Monday at a sudden more than doubling of fuel prices, a day after government subsidies were removed in a sweeping economic reform that could trigger mass protests. Opposition leaders, unionists and local rights groups have condemned the move by the state's fuel regulator, which they say will hike the prices of goods at a time when many Nigerians, the majority of whom live on less than $2 per day, already find basic commodities too expensive. ... Full Story | Top |
Bachmann seeks miracle in presidential race
Mon,2 Jan 2012 07:24 PM PST
Reuters -  OSKALOOSA, Iowa (Reuters) - Facing colossal odds in the Republican nomination race, presidential candidate Michele Bachmann cast her struggle in Biblical terms on Sunday in a late attempt to win over conservative voters. Bachmann spoke from the pulpit of a small church in rural Iowa, telling the congregation about a small group of Israelites who emerged victorious from a battle in which they were outmatched in numbers and weaponry. ...
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Last day: 23 Iowa campaign stops combined
Mon,2 Jan 2012 07:26 PM PST
Associated Press -  The White House their goal, Republican presidential hopefuls raced across Iowa on Monday in a final, full day of frenzied appeals for support in precinct caucuses that open the 2012 campaign. "It is the race you make it," an upset-minded Rick Santorum told voters soon to pick a winner.
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Mount Rainier park remains closed after shooting
Mon,2 Jan 2012 11:18 PM PST
Associated Press -  Mount Rainier National Park remained closed Tuesday following the discovery of the body of the suspected gunman in the fatal shooting of a park ranger, an incident that has devastated the close-knit group of park workers.
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24-year-old arrested in Los Angeles arson spree
Mon,2 Jan 2012 09:13 PM PST
Associated Press -  Authorities arrested a German man Monday in connection with dozens of suspected arson attacks that destroyed parked cars, scorched buildings and rattled much of the nation's second-largest city over the New Year's weekend.
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US auto industry to post another good sales year
Mon,2 Jan 2012 06:20 PM PST
Associated Press -  After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.
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Oklahoma St beats Stanford 41-38 in Fiesta Bowl
Mon,2 Jan 2012 10:30 PM PST
Associated Press -  Brandon Weeden threw for 399 yards and three touchdowns to Justin Blackmon in their final collegiate game, leading No. 3 Oklahoma State to a 41-38 overtime win against Andrew Luck and No. 4 Stanford in a wildly entertaining Fiesta Bowl on Monday night.
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