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Tuesday, January 3, 2012

Iowa caucuses: At last, opening night for GOP race (AP)

Iowa caucuses: At last, opening night for GOP race (AP)

Iowa caucuses: At last, opening night for GOP race (AP)

Posted: 03 Jan 2012 01:14 PM PST

Republican presidential candidate former Massachusetts Gov. Mitt Romney, accompanied by Sen. John Thune, R-S.D., left, greets residents during a caucus day rally at the Temple for Performing Arts, Tuesday, Jan. 3, 2012, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)AP - Republicans rendered the first verdict in the 2012 race for the White House on Tuesday in Iowa caucuses from Adel to Zearing, opening night for the campaign to pick a challenger to President Barack Obama in the fall.

Obama appeals to Iowa Democrats on caucus night (AP)

Posted: 03 Jan 2012 01:08 PM PST

President Barack Obama, first lady Michelle Obama and their daughters Sasha and Malia arrive on the South Lawn of the White House, Tuesday, Jan. 3, 2012, in Washington. The first family was returning from their family vacation to Hawaii. (AP Photo/Haraz N. Ghanbari)AP - Inserting his voice into a big night for Republicans, President Barack Obama was appealing to Iowa Democrats on the first balloting in the GOP presidential campaign, seeking to counter months of withering criticism in the state that launched his presidential ambitions four years ago.

Perry encourages supporters to stick with him (AP)

Posted: 03 Jan 2012 01:07 PM PST

Republican presidential candidate, Texas Gov. Rick Perry shakes hands after a campaign stop in Des Moines, Iowa, Tuesday, Jan. 3, 2012. (AP Photo/Chris Carlson)AP - Facing a likely defeat in Tuesday's caucuses, Rick Perry encouraged supporters to keep the faith as his advisers cast the coming contest in South Carolina as the first real test of his presidential campaign.

Iran defiant amid appeals for European sanctions (AP)

Posted: 03 Jan 2012 01:17 PM PST

In this Nov. 12, 2011photo provided by the U.S. Navy, the Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) transits the Straits of Hormuz. The Pentagon on Tuesday, Jan. 3, 2012 answered an Iranian warning to keep U.S. aircraft carriers out of the Persian Gulf by declaring that American warships will continue regularly scheduled deployments to the strategic waterway. The Navy has said the Stennis and another vessel exited the Gulf through the Strait of Hormuz a week ago, after operating in the area. (AP Photo/U.S. Navy, Petty Officer 3rd Class Kenneth Abbate)AP - Iran closed out naval war games in the Gulf on Tuesday much the way they began last month: striking a tone of military defiance while Western powers rallied behind tougher oil and financial sanctions as a crippling tool against Tehran's nuclear program.

Neighbors: LA arson suspect's life in turmoil (AP)

Posted: 03 Jan 2012 12:59 PM PST

Los Angeles firefighters battle an arson car fire under a carport in Los Angeles Monday, Jan. 2, 2012. Twelve suspected arson fires broke out early Monday in the Los Angeles area. A 'person of interest' was taken into custody for questioning in connection with the dozens of suspicious car fires that have hit the city during the past week. (AP Photo/Mike Meadows)AP - Harry Burkhart watched as his mother was arrested last week on a warrant from their native Germany. Two days later, police say, he began a nighttime rampage of arson attacks that terrorized Los Angeles.

Bachmann predicts surprise amid ominous Iowa signs (AP)

Posted: 03 Jan 2012 01:16 PM PST

Republican presidential candidate, Rep. Michele Bachmann, R-Minn., speaks during a campaign stop at Valley High School, Tuesday, Jan. 3, 2012, in West Des Moines, Iowa. (AP Photo/Charlie Riedel)AP - Hunting for support in a caucus campaign with high stakes for her lagging presidential bid, Michele Bachmann hoped a late-hour trip Tuesday to her Iowa birthplace would help her stave off the last-place finish forecast by recent polls.

Judge: Black church rightful owner of KKK store (AP)

Posted: 03 Jan 2012 01:20 PM PST

FILE - In a Wednesday, Feb. 27, 2008 file photo, Rev. David Kennedy, pastor of New Beginnings Baptist Church, stands outside The Redneck Shop in Laurens, S.C. A judge has ruled that the New Beginnings Baptist Church is the rightful owner of the building where The Redneck Shop is located. New Beginnings sued John Howard and others in 2008, saying the property was transferred to the church in 1997 by a Klansman fighting with others inside the hate group.(AP Photo/Patrick Collard, File)AP - After a lengthy legal battle between a black South Carolina church and members of the Ku Klux Klan, a judge has ruled that the church owns a building where KKK robes and T-shirts are sold.

NYPD says suspect admits 5 firebomb attacks (AP)

Posted: 03 Jan 2012 01:17 PM PST

Damage from a Molotov cocktail attack can be seen below a sign hanging from the facade of the Iman al-Khoei Benevolent Foundation, an Islamic cultural center, in New York, Monday, Jan. 2, 2012, after an unknown assailant attacked the center Sunday evening. It was one of a string of attacks police were investigating Monday as possible bias crimes. (AP Photo/Kathy Willens)AP - A man confessed Tuesday to hurling crude Molotov cocktails at an Islamic cultural center and four other New York-area sites on New Year's Day because of personal grievances with all of the targets, police said.

Woman sues Honda in unlikely place: small claims (AP)

Posted: 03 Jan 2012 11:58 AM PST

AP - A woman who expected her Civic Hybrid to be her dream car wants Honda to pay for not delivering the 50 mpg it promised.

US stocks leap on first day of new year (AP)

Posted: 03 Jan 2012 01:11 PM PST

Robert Tuccillo, Jr., a Barclays Capital trader, is surrounded with stock market info monitors as he works during the first day of trading at the New York Stock Market on Tuesday, Jan. 3, 2012. The Dow Jones industrial average soared 200 points, or 1.7 percent, to 12,423 in the first minutes of trading Tuesday. (AP Photo/Bebeto Matthews)AP - The stock market got a big jump on a better year.

Republican rivals face first test of 2012 in Iowa (Reuters)

Posted: 03 Jan 2012 12:46 PM PST

Republican presidential candidate Rick Santorum answers a question about the death of his son as he campaigns at The Pizza Ranch in Newton, Iowa, January 2, 2012. REUTERS/John GressReuters - Republican candidates criss-crossed Iowa making late appeals to voters, with polls giving at least three - Mitt Romney, Rick Santorum and Ron Paul - a shot at winning the first contest of the 2012 presidential campaign on Tuesday.

Iran threatens U.S. Navy as sanctions hit economy (Reuters)

Posted: 03 Jan 2012 08:20 AM PST

The Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) transits the Strait of Hormuz, in this November 12, 2011 file photo. Iran's army chief told the United States that a U.S. aircraft carrier which left the area because of Iranian naval exercises should not return to the Gulf, the state news agency reported on Janurary 3, 2012. REUTERS/U.S. Navy photo by Mass Communication Specialist 3rd Class Kenneth Abbate/Handout FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSReuters - Iran threatened on Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of saber-rattling as new U.S. and EU financial sanctions take a toll on its economy.

Syrian rebel leader threatens to escalate attacks (Reuters)

Posted: 03 Jan 2012 09:43 AM PST

Demonstrators protest against Syria's President Bashar al-Assad in Idlib January 2, 2012. Picture taken January 2, 2012. REUTERS/Handout THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTSReuters - The commander of Syria's armed rebels threatened on Tuesday to step up attacks on President Bashar al-Assad's forces, saying he was frustrated with Arab League monitors' lack of progress in ending a government crackdown on protests.

Wall Street ends first day of 2012 with gains (Reuters)

Posted: 03 Jan 2012 01:09 PM PST

Traders await the start of the trading on the floor of the New York Stock Exchange December 15, 2011. REUTERS/Brendan McDermidReuters - Investors, hoping for something better than 2011's flat stock market, pushed shares higher on Tuesday to begin the new year, though questions remain about whether a rally can be sustained.

Manufacturing index hits six-month high (Reuters)

Posted: 03 Jan 2012 11:53 AM PST

Reuters - Manufacturing grew at its fastest pace in six months in December, capping a late-year upswing, but a European slump and rising oil prices posed threats to the U.S. economy in the new year.

Fed to publish rate path forecasts in new transparency move (Reuters)

Posted: 03 Jan 2012 12:35 PM PST

Reuters - The Federal Reserve on Tuesday said it would begin publishing forecasts on the path of interest rates later this month, a move that could suggest rates will be on hold for longer than previously expected.

JPMorgan sued for $95 million over mortgage securities (Reuters)

Posted: 03 Jan 2012 10:25 AM PST

Reuters - JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans.

Murder probe after body found on Queen Elizabeth's estate (Reuters)

Posted: 03 Jan 2012 07:25 AM PST

A man walks his dogs across the Royal estate at Sandringham, Norfolk in east England December 25, 2010. REUTERS/Toby MelvilleReuters - British police have launched a murder investigation after a woman's body was discovered on Queen Elizabeth's Sandringham country estate in eastern England.

Iran currency plummets: A sign US sanctions are taking hold? (The Christian Science Monitor)

Posted: 02 Jan 2012 03:20 PM PST

The Christian Science Monitor - For years Iran has derided the impact of international sanctions on its economy, but that swagger is showing signs of becoming more of a panic as the country’s currency continues its slide in the wake of new US sanctions targeting the Iranian central bank.

What Iowa caucuses mean for Democrats (The Christian Science Monitor)

Posted: 02 Jan 2012 02:25 PM PST

The Christian Science Monitor - Lest anyone forget, the Republicans aren’t the only ones caucusing in Iowa on Tuesday. The Democrats will also gather in schools and function halls around the state to go through the exercise of choosing President Obama for his party’s nomination, despite the lack of serious opposition.
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