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Thursday, May 3, 2012

GSA offered contractors tax breaks _ at a price

GSA offered contractors tax breaks _ at a price


GSA offered contractors tax breaks _ at a price

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It was a curious offer to contractors from a government agency: We'll give you a tax deduction for making federal buildings more energy efficient if you qualify and if you'll write us a check for 19 percent of the tax break's value.

Facebook sets $28 to $35 price range for IPO

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Exterior view of Facebook headquarters in Menlo Park, Calif., Wednesday, May 2, 2012. Facebook will go public on May 18, a Wall Street Journal report says, in one of the most highly anticipated tech initial public offerings since Google went public in August 2004. (AP Photo/Paul Sakuma)Facebook has set a price range of $28 to $35 for its initial public offering of stock.


Natural gas prices rise 4 percent; oil drops

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Natural gas prices jumped 4 percent Thursday after a government report eased concerns that the U.S. could run out of room to store its expanding supply of the fuel. Oil prices moved in the opposite direction, falling 2.5 percent on concerns about U.S. economic growth.

US stocks fall after conflicting economic reports

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Trader Christopher Morie, left, works on the floor of the New York Stock Exchange, Monday, April 9, 2012, in New York. Wall Street appeared headed for a flat open Thursday May 3, 2012, with Dow Jones industrial futures nearly unchanged at 13,206. S&P 500 futures were marginally higher at 1,398.30. (AP Photo/Richard Drew)Wall Street gnawed on a muddle of economic data and corporate earnings news Thursday, then sent stock indexes lower for a second day.


Hawker Beechcraft files for bankruptcy protection

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Aircraft maker Hawker Beechcraft filed for bankruptcy protection Thursday after reaching agreement with the majority of its secured lenders and bondholders on a plan to restructure its massive debt.

Wife of former Minn. Viking guilty in hit-and-run

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The wife of a former Minnesota Viking was convicted Thursday of two felonies in a hit-and-run that killed a man.

4 students killed as Syrian forces raid university

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In this picture taken during a UN observer-organized tour, an anti-Syrian regime man, left, his face covered to obscure his identity, looks at a UN observer in Hama city, central Syria, on Thursday, May 3, 2012. Syrian security forces stormed dorms at a northwestern university to break up anti-government protests there, killing at least four students and wounding several others with tear gas and live ammunition, activists and opposition groups said Thursday. (AP Photo/Muzaffar Salman)Syrian forces stormed student dormitories during an anti-government protest at Aleppo University Thursday, firing tear gas and bullets in an hours-long siege that killed at least four students and forced the closure of the state-run school, activists said.


9/11 families prepare for Guantanamo arraignment

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Retired firefighter Jim Riches poses for a picture near his home in New York, Thursday, May 3, 2012. Riches, whose son was killed during the 2001 terrorist attacks on the World Trade center, will be among those to watch the arraignment of Khalid Sheikh Mohammed. The arraignment of the self-proclaimed mastermind of the Sept. 11 terror attacks and four other Guantanamo Bay prisoners will be broadcast to only six sites at four military bases in the U.S. Northeast, a Pentagon spokesman said Monday. (AP Photo/Seth Wenig)It has been a year of milestones for the families of those killed on Sept. 11, with the death of Osama Bin Laden followed by the 10th anniversary of the terrorist attacks. Now another painful chapter is set to begin: the prosecution of Khalid Sheikh Mohammed, the self-proclaimed mastermind of 9/11.


Military commanders warned to get troops in line

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FILE - In this March 7, 2012 file photo, Defense Secretary Leon Panetta testifies on Capitol Hill in Washington. The military has begun scolding its commanders to get their troops in line, including refraining from misconduct such as urinating on enemy corpses, after a series of tasteless photos and other disturbing incidents that have enraged Afghans and made it more difficult to wage war. (AP Photo/J. Scott Applewhite, File)Military leaders are telling commanders to get their troops in line and refrain from misconduct such as urinating on enemy corpses, in a sharp response to the tasteless photos and other disturbing examples of bad behavior that have enraged Afghans and complicated war-fighting.


Minnesota Vikings stadium vote set for Monday

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The Minnesota Legislature will finally vote Monday on a plan to build a new Vikings stadium, with the expected outcome too close to call.

Blasts hit police post in Russia's Dagestan area

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Two powerful explosions went off Thursday night near a traffic police post in the capital of Russia's restive Dagestan region. There was no definitive word on casualties.

Facebook plans to raise up to $12 billion in mega IPO

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An illustration picture shows the log-on screen for the website Facebook in MunichSAN FRANCISCO (Reuters) - Facebook Inc plans to raise as much as $12 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's. The eight-year-old social network that began as Mark Zuckerberg's Harvard dorm room project priced its initial public offering at between $28 and $35 a share on Thursday, attaining a valuation of as much as $95.9 billion at the high end. ...


White House: Time to try another tactic in Syria

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White House Press Secretary Jay Carney speaks during his daily news briefing at the White House in Washington, Thursday, May, 3, 2012. (AP Photo/Pablo Martinez Monsivais)It may be time for the world to acknowledge that a cease-fire is not holding in Syria, and that it is time to try another approach to stop the violence, the White House said Thursday.


First Solar restructuring leads to loss of $449M

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First Solar, one of the world's biggest solar panel manufacturers, posted a loss of $449 million in the first quarter as it struggles to withstand a shakeout in the solar industry.

French debate: No knockout punch from Sarkozy

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President and conservative candidate for re-election, Nicolas Sarkozy, center left, and his wife Carla Bruni-Sarkozy, center right, leave a TV studio after his campaign debate, in Saint-Denis, outside Paris, Wednesday May 2, 2012. France's presidential race hit a dramatic pitch Wednesday in the only face-to-face debate between President Nicolas Sarkozy and front-running challenger Francois Hollande - a verbal slugfest that broke little new ground on substance but exposed big differences in style. (AP Photo/Thibault Camus)Socialist candidate Francois Hollande appeared to solidify his chances at winning France's presidency Thursday after his strong showing in a debate against beleaguered incumbent Nicolas Sarkozy.


Fowler in 5-way tie for lead at Quail Hollow

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Ricky Fowler watches his tee shot on the fifth hole during the first round of the Wells Fargo Championship golf tournament at Quail Hollow Club in Charlotte, N.C., Thursday, May 3, 2012. (AP Photo/Bob Leverone)Rickie Fowler is starting to hear chatter about why he hasn't won on the PGA Tour. He hopes it won't be long before he no longer has to listen.


Wash. mayors get started on weight-loss campaigns

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Washougal Mayor Sean Guard, left, coaxes Camas Mayor Scott Higgins to step on the scales during their weigh-in in Washougal, Wash., Wednesday, May 2, 2012. The mayors of the two neighboring Washington state towns on the banks of the Columbia River are embarking on a Sean Guard watched other people exercising from the window of his car or his office in City Hall, as the pounds piled on slowly, a little bit at a time. The Washougal mayor left his city's bike trails and foot paths to those more inclined to exercise while he made short work of chicken-fried steaks.


US F-15 crashes in Mideast, crew ejects safely

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A U.S. Air Force F-15E fighter crashed Thursday during a routine training mission in the Middle East, but investigators have ruled out insurgent activity as a cause, the military said. Both crew members ejected safely.

Outgoing Nokia board chief concedes mistakes

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Nokia's outgoing Chairman of the Board Jorma Ollila speaks during the Annual General meeting of Nokia Corporation in Helsinki, Finland Thursday May 3, 2012. Nokia says it has filed claims in the United States and Germany alleging that products from HTC Corp., Research in Motion and Viewsonic Corp. infringe a number of Nokia patents. (AP Photo/Lehtikuva/ Kimmo Mantyla) FINLAND OUTNokia Corp.'s outgoing board chairman said Thursday the company made mistakes during his tenure at the helm of the cell phone maker that held the No. 1 spot for 14 years.


GM Q1 earnings plunge on Europe troubles

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Dan AkersonGeneral Motors' earnings fell by nearly two-thirds in the first quarter as the company's European operations racked up losses due to the eurozone crisis, the largest US automaker said Thursday.


Romney criticizes Obama administration over Chen

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney, accompanied by Rep. Michele Bachmann, R-Minn., speaks at a campaign stop in Portsmouth, Va., Thursday, May 3, 2012. (AP Photo/Jae C. Hong)Republican presidential candidate Mitt Romney said Thursday the Obama administration had "failed" to protect a blind Chinese dissident by factoring political considerations into the negotiations that ultimately led him to leave the U.S. Embassy in Beijing. The White House said the president wasn't concerned about the politics of the case.


Investors say Berkshire will endure after Buffett

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Berkshire Hathaway shareholders make their annual pilgrimage here this weekend, and this year they have to confront an uncomfortable truth: Warren Buffett, Berkshire's CEO and the greatest celebrity in investing, can't go on forever.

Facebook IPO price values firm above $70 bn

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Facebook is proposing a price range for its IPO which would value the company between $70 billion and $87.5 billionFacebook is proposing a price range for its hotly anticipated public offering which would value the social network between $70 billion and $87.5 billion, documents showed Thursday.


Buckner ball up for auction in Dallas

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This undated image, provided by Heritage Auctions, shows the The baseball that broke the hearts of Boston Red Sox fans everywhere and turned Bill Buckner into one of the most famous goats in sports history is up for sale.


Federal lawmaker: DEA debacle suggests breakdown

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The case of a detained college student who was forgotten in a holding cell for more than four days suggests a breakdown in procedure and oversight within the Drug Enforcement Administration, a California federal lawmaker said Thursday.

Challengers outraise GOP incumbents in 1st quarter

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FILE - In this April 30, 2012 file photo, President Barack Obama speaks in Washington. Democratic challengers outraised Republican incumbents in 20 competitive House races from California to Virginia during the first three months of the year, and President Barack Obama's party has the upper-hand in eight other districts where congressmen are retiring. (AP Photo/Evan Vucci, File)Democratic challengers raised more money than Republican incumbents in 20 competitive House races from California to Virginia during the first three months of the year, and President Barack Obama's party has the upper-hand in eight other districts where congressmen are retiring.


Notre Dame QB Rees jailed in police confrontation

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This booking photo released Thursday, May 3, 2012 by the St. Joseph County Police shows Tommy Rees. Police say Notre Dame quarterback Tommy Rees knocked the wind out of an officer who chased him down after an off-campus house party early Thursday and was pepper-sprayed while being arrested, in South Bend, Ind. Rees was jailed on a preliminary felony charge of battery on a police officer and misdemeanor resisting arrest and alcohol charges. (AP Photo/St. Joseph County Police)Police pepper-sprayed Notre Dame quarterback Tommy Rees and put him in jail early Thursday after he allegedly raised his knee and knocked the wind out of a police officer who had chased him down following an off-campus house party.


Galifiniakis' series makes TV debut, ferns in tow

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In this undated image from video released by Comedy Central, host Zach Galifianakis, right, talks with Jon Stewart, comedian and host of Certainly, the Internet has its purposes, but there might be none greater than "Between Two Ferns."


Yahoo investor says CEO lied about tech degree

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A major Yahoo shareholder is accusing the Internet company's CEO of lying about his technology credentials to make himself appear more qualified for the job.

Ravens LB Suggs tears Achilles tendon

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FILE - This Jan. 18, 2012 file photo shows Baltimore Ravens linebacker Terrell Suggs speaking during a news conference at the team's practice facility in Owings Mills, Md. A person familiar with the injury says Suggs has torn his Achilles tendon while working out in Arizona and may miss the 2012 season. The Associated Press' NFL Defensive Player of the Year is expected to have surgery next week, according to a person who spoke on condition of anonymity because details of the injury have not been released. The Ravens issued a statement Thursday, May 3, 2012, saying they are in contact with Suggs, he will see a specialist next week, and Baltimore Ravens linebacker Terrell Suggs will have surgery for a partially torn Achilles tendon, an injury he insists will not keep him sidelined for the entire 2012 season.


Obama under pressure over China dissident seeking asylum

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A handout photo from US Embassy Beijing Press office shows blind activist Chen sitting in a wheelchair at a hospital in BeijingBEIJING/WASHINGTON (Reuters) - President Barack Obama came under pressure on Thursday to ensure the safety of blind Chinese dissident Chen Guangcheng who briefly took refuge in the American embassy and whose later desperate pleas for asylum from a Beijing hospital bed threaten to fan U.S.-China tensions. Chen, a self-taught legal activist, left the U.S. Embassy on Wednesday shortly before Secretary of State Hillary of Clinton arrived in Beijing for talks aimed at improving economic and strategic relations between the two superpowers. But within hours, Chen changed his mind about a deal that U. ...


Alleged 'Bishop' bomber calls self to stand

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FILE - This undated file image from television provided by KWWL-TV in Waterloo, Iowa, shows John P. Tomkins, of Dubuque, Iowa. Tomkins, was arrested in April 2007, accused of mailing pipe bombs to investment companies in hopes of driving up stock prices. On Thursday, May 3, 2012, at federal court in Chicago, Tomkins will deliver his own closing at his trial. Before closing arguments, Tomkins could also call himself to take the stand. The 47-year-old represents himself and speaks about himself in the third person. (AP Photo/KWWL-TV, File) NO SALESA former Iowa letter carrier accused of sending dud pipe bombs and taunting letters signed "The Bishop" called himself to the witness stand at his own trial Thursday, admitting he sent the devices but insisting they never would have gone off.


Sudan agrees to AU roadmap, must meet South Sudan

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Sudan on Thursday endorsed the African Union's roadmap to avert an all-out war with South Sudan, though it insisted on retaining the right to self-defense.

Ohio zoo: Widow to get 5 exotic animals on Friday

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FILE - This file photo provided by the Columbus Zoo and Aquarium and shows one of three leopards that were captured by authorities, a day after their owner released dozens of wild animals and then killed himself near Zanesville, Ohio on Oct. 18, 2011. Officials say five exotic animals will be returned to Marian Thompson, the woman whose husband released dozens of wild creatures last fall before killing himself. The Ohio Agriculture Department announced the decision Monday. It's unclear when the animals would be released to Marian Thompson. (AP Photo/Columbus Zoo and Aquarium, Grahm S. Jones, File)An Ohio zoo says it will transfer five exotic animals on Friday to the widow of a suicidal animal owner who released dozens of wild creatures last fall.


French candidate goes from wishy-washy to wow

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This combination of images show French Socialist Party leader Francois Hollande in a Friday, Aug. 31, 2007 file photo, left, addressing young militants in La Rochelle, France, and in a campaign rally in Toulouse, France, Thursday May 3 2012, right. The last time France voted for president, Francois Hollande was a portly, smiley man with a wishy-washy image playing second fiddle to Segolene Royal, his Socialist party's candidate and the mother of his four kids. Now he's a man with a trim waistline and promising future who managed a tough presidential debate with the air of, well, a president. (AP Photo/Bob Edme, File, Christophe Ena)The last time France voted for president, Francois Hollande was a portly, smiley man likened to custard pudding who played second fiddle to Segolene Royal, his Socialist party's candidate and the mother of his four kids.


Attorney: Wife's arrest in Sanders case a 'setup'

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The recent arrest of the estranged wife of Deion Sanders following accusations that she attacked the Hall of Fame cornerback was "a complete setup," the woman's attorney in their tumultuous divorce case said Thursday.

US uses bin Laden letters to degrade al-Qaida

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FILE - This is an undated file photo of al Qaida leader Osama bin Laden, in Afghanistan. A selection of documents seized in last year's raid on bin Laden's Pakistan house was posted online Thursday, May 3, 2012 by the U.S. Army's Combating Terrorism Center. The documents show dark days for al-Qaida and its hunkered-down leader after years of attacks by the United States and what bin Laden saw as bumbling within his own organization and its terrorist allies. (AP Photo, File)Letters from Osama bin Laden's last hideaway, released by U.S. officials intent on discrediting his terror organization, portray a network weak, inept and under siege — and its leader seemingly near wit's end about the passing of his global jihad's glory days.


Amateur sleuth helps stop National Archives thefts

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In this photo taken Monday, April 30, 2012, J. David Goldin, shows his radio collection in Sandy Hook, Conn. A federal judge in Maryland is set to sentence a former government employee for stealing thousands of recordings from the National Archive and selling many on eBay. The man who noticed the theft and helped capture the thief is a retired radio engineer from Connecticut, J. David Goldin. Goldin spotted on eBay a record he'd donated to the archive in the 1970s, setting off an investigation. (AP Photo/Jessica Anne Gresko) Thank you, JessicaWhen J. David Goldin saw the recorded interview of baseball great Babe Ruth for sale on eBay he knew something was wrong. There was only one original record of that 1937 interview of Ruth on a hunting trip, and Goldin had donated it to a government archive more than 30 years ago. Now someone was auctioning it off, the winning bid just $34.75.


Mexican experts find ancient blood on stone knives

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In this undated image released by Mexico's National Institute of History and Anthropology, INAH, sharp obsidian knives found in Cantona, in the central Mexico state of Puebla, are displayed for photos. Researchers in Mexico announced Wednesday that they have found blood cells and fragments of muscle, tendon, skin and hair on 2,000-year-old stone knives, calling it the first conclusive evidence from a large number of stone implements pointing to their use in human sacrifice. (AP Photo/INAH/Yadira Martinez, HO)Traces of blood and fragments of muscle, tendon, skin and hair found on 2,000-year-old stone knives have given researchers the first conclusive evidence that the obsidian blades were used for human sacrifice so long ago in Mexico.


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