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Monday, September 12, 2011

Obama would hike taxes to pay for his jobs bill (AP)

Obama would hike taxes to pay for his jobs bill (AP)

Obama would hike taxes to pay for his jobs bill (AP)

Posted: 12 Sep 2011 01:42 PM PDT

President Barack Obama, accompanied by Vice President Joe Biden, and others, holds up a copy of his American Jobs Act during a statement in the Rose Garden of the White House in Washington, Monday, Sept. 12, 2011. (AP Photo/Susan Walsh)AP - In a sharp challenge to the GOP, President Barack Obama proposed paying for his costly new jobs plan Monday with tax hikes that Republicans have already rejected, and he accused them of political motives if they still refuse to go along.

Obama tax proposal worries Social Security allies (AP)

Posted: 12 Sep 2011 01:42 PM PDT

President Barack Obama, followed by Vice President Joe Biden, walks into the Rose Garden of the White House in Washington, Monday, Sept. 12, 2011, to speak about the American Jobs Act. (AP Photo/Susan Walsh)AP - Some Social Security advocates fear that President Barack Obama's desire to cut taxes supporting the program will undermine its vaunted stature as a self-financing pension system that provides checks to retirees based on contributions they made while working.

Rivals plan to press Perry on Social Security (AP)

Posted: 12 Sep 2011 01:42 PM PDT

Republican presidential candidate Texas Gov. Rick Perry, right, speaks as his wife Anita looks on during a Republican Party of Orange County rally at Roger's Gardens in Newport Beach, Calif., Thursday, Sept. 8, 2011. (AP Photo/Chris Carlson)AP - Republican presidential hopefuls plan to use a televised debate Monday to press frontrunner Rick Perry to justify his criticism of Social Security, which has dominated the contest in recent days.

9/11 memorial opens in NY; `This is so peaceful' (AP)

Posted: 12 Sep 2011 01:42 PM PDT

A woman places her hand on a name etched in the wall of one of the pools at the 9/11 memorial plaza in the World Trade Center site in New York Monday, Sept. 12, 2011, on the first day that the memorial was opened to the public. (AP Photo/Mike Segar, Pool)AP - Exactly 10 years ago, ground zero was a smoking, fire-spitting tomb, a ghastly pile of rubble and human remains. On Monday it was a place of serenity — an expanse of trees and water in the middle of a bustling city — as the 9/11 memorial opened to the public.

At least 75 Kenyans dead after pipeline explosion (AP)

Posted: 12 Sep 2011 01:45 PM PDT

Joseph Mwangi, 34, sits in a state of shock after discovering the charred remains of two of his children, one aged 6 the other of unknown age, at the scene of a fuel explosion in Nairobi, Kenya, Monday, Sept. 12, 2011. A leaking gasoline pipeline in Kenya's capital exploded on Monday, turning part of a slum into an inferno in which scores of people were killed and more than 100 hurt. (AP Photo/Ben Curtis)AP - Joseph Mwangi hoped and prayed his children had escaped the inferno caused when a leaking gasoline pipeline exploded on Monday, sending flames racing through a Nairobi slum and killing at least 75 people.

Romney: NLRB Boeing complaint political payback (AP)

Posted: 12 Sep 2011 01:43 PM PDT

Former Minnesota Gov. Tim Pawlenty, left, discusses his endorsement of Republican presidential candidate, former Massachusetts Gov. Mitt Romney, right, during a news conference in North Charleston, S.C., Monday, Sept. 12, 2011. (AP Photo/Bruce Smith)AP - Republican presidential candidate Mitt Romney, fresh from picking up former rival Tim Pawlenty's endorsement, criticized the Obama administration's links to organized labor, arguing that a National Labor Relations Board's complaint against Boeing is White House payback to unions.

Gadhafi urges defiance as oil hub attacked (AP)

Posted: 12 Sep 2011 01:43 PM PDT

A former rebel fighter looks through binoculars at a checkpoint near Bani Walid, Libya, Monday, Sept. 12, 2011. Three weeks after the fall of Tripoli appeared to herald the end of Libya's brutal civil war, the protracted battle over the loyalist bastions of Bani Walid and Sirte, Gadhafi's hometown, has dashed hopes of a speedy 'declaration of liberation' that would start the clock ticking on a transition to democracy. (AP Photo/Alexandre Meneghini)AP - Fugitive leader Moammar Gadhafi urged his followers to fight on Monday in a brief message of defiance that carried wider resonance after twin attacks on a key oil hub and fierce resistance in a loyalist stronghold by fighters believed led by the former Libyan ruler's son.

Hot new planet could be in habitable zone — barely (AP)

Posted: 12 Sep 2011 01:43 PM PDT

This artist rendering provided by The Europeans Southern Observatory shows the planet orbiting the Sun-like star HD 85512 in the southern constellation of Vela (The Sail). This planet is one of sixteen super-Earths discovered by the HARPS instrument on the 3.6-metre telescope at ESO’s La Silla Observatory. This planet is about 3.6 times as massive as the Earth lis at the edge of the habitable zone around the star, where liquid water, and perhaps even life, could potentially exist. Astronomers have confirmed a second planet outside our solar system that seems to be in the right place for life — just barely. But it would be a steam bath world: hot, sticky and downright uncomfortable. (AP Photo/artist rendering provided by The Europeans Southern Observatory)AP - Astronomers believe they have found a second planet outside our solar system that seems to be in the right zone for life, just barely. But it would feel like a steam bath — hot, sticky and beyond uncomfortable.

New book shows another side to Jackie Kennedy (AP)

Posted: 12 Sep 2011 12:06 PM PDT

FILE - In this Oct. 5, 1960 file photo, Jacqueline Kennedy poses at her typewriter where she writes her weekly 'Candidate's Wife' column in her Georgetown home in Washington. President John F. Kennedy openly scorned the notion of Vice President Lyndon Baines Johnson succeeding him in office, according to a book of newly released interviews with his widow, former first lady Jacqueline Kennedy. (AP Photo/File)AP - It's a side of Jacqueline Kennedy only friends and family knew. Funny and inquisitive, canny and cutting.

Serena Williams fined $2,000 by US Open (AP)

Posted: 12 Sep 2011 12:30 PM PDT

Serena Williams, left, argues with chair umpire Eva Asderaki during the women's championship match against Samantha Stosur of Australia at the U.S. Open tennis tournament in New York, Sunday, Sept. 11, 2011. (AP Photo/Matt Slocum)AP - Serena Williams was fined $2,000 by the U.S. Open on Monday for berating the chair umpire during the final.

BofA plans 30,000 job cuts; investors underwhelmed (Reuters)

Posted: 12 Sep 2011 10:23 AM PDT

A Bank of America shareholder walks into the corporate headquarters prior to the start of the Bank of America annual shareholders meeting in Charlotte, North Carolina May 11, 2011. REUTERS/Chris KeaneReuters - Bank of America Corp said it is cutting 30,000 jobs in the coming years as it looks to slash annual expenses by $5 billion, but investors were disappointed in the scant new detail the bank provided about its plans.

Greek default jitters hammer French banks, euro (Reuters)

Posted: 12 Sep 2011 12:02 PM PDT

Reuters - Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

Obama would pay for jobs plan with tax hikes (Reuters)

Posted: 12 Sep 2011 01:35 PM PDT

President Barack Obama addresses a joint session of the United States Congress on the subject of job creation on Capitol Hill in Washington, September 8, 2011. REUTERS/Kevin LamarqueReuters - President Barack Obama on Monday proposed paying for his jobs plan by eliminating $467 billion in tax breaks for wealthier Americans and corporations, meeting immediate resistance from Republicans in Congress.

Chipmaker Broadcom to buy NetLogic for $3.7 billion (Reuters)

Posted: 12 Sep 2011 09:34 AM PDT

Reuters - Chipmaker Broadcom Corp plans to buy NetLogic Microsystems Inc for about $3.7 billion to expand its lineup of chips used in wireless network equipment to take advantage of growing demand for mobile data services.

Exclusive: Holiday shoppers to spend less (Reuters)

Posted: 12 Sep 2011 11:09 AM PDT

Reuters - Most than a quarter of Americans expect to spend less during the holidays this year, a survey showed on Monday in an early sign that retailers will have to try harder to win shoppers in the biggest selling season of the year.

Analysis: Bernanke's shrinking gift to Wall Street (Reuters)

Posted: 12 Sep 2011 01:44 PM PDT

Reuters - Wall Street could make $100 million from the Federal Reserve's next bond market maneuver, but that is considerably less than the gains from prior Fed actions.

Russia resists Syria sanctions, U.N. says 2,600 dead (Reuters)

Posted: 12 Sep 2011 08:16 AM PDT

Anti-government demonstrators take part in a night protest in Idleb, Syria in this still image taken from a video posted on September 3, 2011 on a social media website. REUTERS/Social media via Reuters TVReuters - Russia rejected on Monday Western calls for wider sanctions on Syria over its violent crackdown on protests against President Bashar al-Assad, in which the United Nations said 2,600 people have been killed.

Warren Buffett picks another little-known successor (Reuters)

Posted: 12 Sep 2011 12:11 PM PDT

Reuters - Warren Buffett advanced his succession plan on Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway Inc.

How 9/11 made Barack Obama a war president (The Christian Science Monitor)

Posted: 11 Sep 2011 12:59 PM PDT

The Christian Science Monitor - When he took office in 2009, Barack Obama immediately became a war president, a two-war president in fact. The terrorist attacks of 9/11 had made that inevitable.

9/11 Anniversary: Around the country, Americans pause to remember (The Christian Science Monitor)

Posted: 11 Sep 2011 11:37 AM PDT

The Christian Science Monitor - The nation commemorated the tenth anniversary of 9/11 with moments of silence, reflection on the sacrifices of first responders, and a determination to carry on despite the loss of nearly 3,000 lives.
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