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Tuesday, January 24, 2012

Money talk dominating Romney, Gingrich contest (AP)

Money talk dominating Romney, Gingrich contest (AP)

Money talk dominating Romney, Gingrich contest (AP)

Posted: 24 Jan 2012 12:50 PM PST

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at National Gypsum Company in Tampa, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Paul Sancya)AP - Mitt Romney and Newt Gingrich's fight for Florida and the states beyond stayed at a high boil Tuesday as Romney released tax returns showing annual income topping $20 million — including a now-closed Swiss bank account — and Gingrich insisted his high-paid consulting work for a mortgage giant that contributed to the housing crisis didn't include lobbying.

Obama makes case for fairness; GOP calls it rehash (AP)

Posted: 24 Jan 2012 12:31 PM PST

On the day of his State of the Union address, President Barack Obama walks from the Oval Office along the Colonnade of the White House in Washington, Tuesday, Jan. 24, 2012. (AP Photo/Haraz N. Ghanbari)AP - President Barack Obama is promising the nation an economy that gives a shot to everyone and not just the rich, using Tuesday night's State of the Union address to draw an election-year battle line with Republicans over fairness and the free market. Driving everything about the speech: jobs, including his own.

Long lines to bid farewell to Paterno (AP)

Posted: 24 Jan 2012 01:21 PM PST

Mourners line up a block from the Pasquerilla Spiritual Center on the Penn State campus for the viewing for former Penn State coach Joe Paterno Tuesday, Jan. 24, 2012 in State College, Pa. Paterno died Sunday morning. (AP Photo/Alex Brandon)AP - Decked out in Penn State hats and jackets, students and townspeople stood in a line more than a quarter-mile long Tuesday to pay their respects to Joe Paterno, the coach who for nearly a half century was the face of their university.

Gadhafi loyalists seize Libyan city (AP)

Posted: 24 Jan 2012 11:54 AM PST

FILE, in this Sept. 18, 2011 file photo, Former rebel fighters put a pre-Gadhafi flag at the northern gate of Bani Walid, as smokes raise from the town, Libya. Moammar Gadhafi loyalists seized control of a Libyan city and raised the ousted regime's green flag, an official and military commanders said Tuesday Jan 24 2011, in the most serious revolt yet against the country's government. (AP Photo/Alexandre Meneghini, File)AP - Moammar Gadhafi loyalists seized control of a Libyan mountain city in the most serious challenge to the central government since the strongman's fall, underlining the increasing weakness of Libya's Western-backed rulers as they try to unify the country under their authority.

Marine denies firing at Iraqi women and children (AP)

Posted: 24 Jan 2012 12:29 PM PST

FILE - In this Jan. 20, 2012 file photo, Marine Corps Staff Sgt. Frank Wuterich arrives for a court-martial session at Camp Pendleton, Calif. Wuterich, accused of killing unarmed Iraqi women and children in the Iraqi town of Haditha in 2005, pleaded guilty to dereliction of duty Monday, Jan. 23, 2012, reaching a plea deal and ending the largest and longest-running criminal case against U.S. troops to emerge from the Iraq War. (AP Photo/Gregory Bull, File)AP - A Marine facing sentencing over one of the worst attacks on civilians by U.S. troops during the Iraq War told a judge Tuesday in a surprise development that he never fired his weapon at any women or children.

Workers to pump oil from grounded cruise Saturday (AP)

Posted: 24 Jan 2012 12:14 PM PST

An Italian Navy officer talks on a walkie-talkie in the harbor of the Tuscan island of Giglio, Italy, where the cruise ship Costa Concordia run aground, Monday, Jan. 23, 2012. Salvage experts can begin pumping fuel from a capsized cruise ship as early as Tuesday to avert a possible environmental catastrophe and the ship is stable enough that search efforts for the missing can continue, Italian officials said. (AP Photo/Pier Paolo Cito)AP - A barge carrying a crane and other equipment hitched itself to the toppled Costa Concordia on Tuesday, signaling the start of preliminary operations to remove a half-million gallons of fuel from the grounded cruise ship before it leaks into the pristine Tuscan sea.

Romney's mountain of wealth could cast loud echo (AP)

Posted: 24 Jan 2012 11:46 AM PST

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at National Gypsum Company in Tampa, Fla., Tuesday, Jan. 24, 2012. (AP Photo/Paul Sancya)AP - Mitt Romney's newly released tax returns represent an extraordinary accounting of the household finances and far-reaching corporate investments of one of the richest U.S. presidential candidates in generations, with an annual income that tops $20 million.

'Hugo,' 'Artist' inject cinema nostalgia to Oscars (AP)

Posted: 24 Jan 2012 12:41 PM PST

In this image released by Paramount Pictures, Asa Butterfield portrays Hugo Cabret in a scene from 'Hugo.' The film was nominated Tuesday, Jan. 24, 2012 for an Oscar for best film. The Oscars will be presented Feb. 26 at the Kodak Theatre in Los Angeles, hosted by Billy Crystal and broadcast live on ABC. (AP Photo/Paramount Pictures, Jaap Buitendijk)AP - American master Martin Scorsese journeyed to France, putting Hollywood's newest technology to work for his dazzling 3-D re-creation of 1930s Paris in "Hugo." French filmmaker Michel Hazanavicius came to America, reviving old-time Hollywood with his charming resurrection of early cinema in the silent film "The Artist."

Ky. men sue Andy Dick over alleged W.Va. assault (AP)

Posted: 24 Jan 2012 11:59 AM PST

AP - Two Kentucky men who say they were sexually assaulted by comedian Andy Dick at a West Virginia nightclub two years ago have filed a lawsuit against the comedian.

AP source: Fielder and Tigers agree on 9-year deal (AP)

Posted: 24 Jan 2012 01:27 PM PST

AP - Free agent first baseman Prince Fielder and the Detroit Tigers agreed Tuesday on a nine-year, $214 million contract that fills the AL Central champions' need for a power hitter, a person familiar with the deal said.

Gingrich wants to hear his debate fans roar (Reuters)

Posted: 24 Jan 2012 01:12 PM PST

Mitt Romney delivers his pre-emptive rebuttal to President Obama's State of the Union Speech in Tampa, Florida January 24, 2012. REUTERS/Brian SnyderReuters - Republican presidential candidate Newt Gingrich, coming off one of his most subdued debate performances of the campaign, signaled on Tuesday he may skip future debates unless his supporters are given full license to clap, cheer and roar.

Obama to contrast tax inequality in State of the Union (Reuters)

Posted: 24 Jan 2012 12:17 PM PST

Reuters - President Barack Obama will seek to frame an election-year State of the Union address on Tuesday in starkly populist terms by emphasizing the inequality in a tax system that allows the wealthy to pay a lower rate than middle-class Americans.

Greek creditors urge quick deal after eurozone (Reuters)

Posted: 24 Jan 2012 09:29 AM PST

Reuters - Greece's private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default.

Yahoo revenue slips in Q4 (Reuters)

Posted: 24 Jan 2012 01:26 PM PST

Reuters - Yahoo Inc's net revenue and profit fell slightly in the fourth quarter, the struggling Internet company's last quarter before new Chief Executive Scott Thompson took the reins.

S&P says likely to declare Greece in default (Reuters)

Posted: 24 Jan 2012 05:59 AM PST

Reuters - Standard & Poor's will likely downgrade Greece's ratings to "selective default" when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday.

Romney returns show low tax rate; questions linger (Reuters)

Posted: 24 Jan 2012 11:55 AM PST

Republican presidential candidate and former Massachusetts Governor Mitt Romney speaks as he participates in the presidential candidates debate in Tampa, Florida, January 23, 2012. REUTERS/Scott AudetteReuters - Republican presidential candidate Mitt Romney bowed to political pressure and gave the public a glimpse inside his personal fortune on Tuesday, releasing U.S. tax returns showing he pays a lower effective tax rate than many top wage-earners.

Europe poses global recession threat: IMF (Reuters)

Posted: 24 Jan 2012 11:42 AM PST

Reuters - Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.

Rule-smashing lawyer sees Volcker cracks (Reuters)

Posted: 24 Jan 2012 10:48 AM PST

Reuters - The controversial ban on banks' proprietary trading known as the Volcker rule has big vulnerabilities and should be reproposed, or face possible legal challenges, a prominent Washington attorney said on Tuesday.

Gingrich, Romney clash in heated Tampa debate (The Christian Science Monitor)

Posted: 23 Jan 2012 07:52 PM PST

The Christian Science Monitor - Republican presidential contenders Mitt Romney and Newt Gingrich clashed repeatedly in heated, personal terms Monday night in a crackling campaign debate, the former Massachusetts governor tagging his rival as an "influence peddler" in Washington, only to be accused in turn of spreading falsehoods over many years in politics.

US charges 'Reluctant Spy' author with leaking secrets to journalists (The Christian Science Monitor)

Posted: 23 Jan 2012 05:23 PM PST

The Christian Science Monitor - A former CIA officer who helped capture senior Al Qaeda operative Abu Zubaydah in Pakistan was charged on Monday with disclosing classified information to journalists, including the name of a covert US intelligence officer.
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