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Thursday, May 24, 2012

Jury in John Edwards trial asks for 20 exhibits

Jury in John Edwards trial asks for 20 exhibits


Jury in John Edwards trial asks for 20 exhibits

Posted: 24 May 2012 01:13 PM PDT

John Edwards arrives at a federal courthouse following his lunch break as the jury deliberates for a fourth day in his trial on charges of campaign corruption in Greensboro, N.C., Wednesday, May 23, 2012. Edwards faces 30 years in prison after pleading not guilty to six campaign finance corruption charges.(AP Photo/Bob Leverone)The jury in the John Edwards campaign fraud trial is looking at about 20 more evidence exhibits during its fifth day of deliberations.


Court: Families cannot sue over loan discount fee

Posted: 24 May 2012 01:13 PM PDT

FILE - This March 24, 2012 file photo shows the United States Supreme Court in Washington. The Court ruled unanimously Thursday that three families cannot sue a mortgage company for allegedly charging them a loan discount fee without giving them a lower interest rate. (AP Photo/Haraz N. Ghanbari, File)The Supreme Court ruled unanimously Thursday that three families cannot sue a mortgage company for allegedly charging them a loan discount fee without giving them a lower interest rate.


David Segui says he was told of Clemens 'darts'

Posted: 24 May 2012 01:12 PM PDT

Former Major League Baseball pitcher Roger Clemens, right, arrives at federal court in Washington, Wednesday, May 23, 2012. (AP Photo/Manuel Balce Ceneta)Former major leaguer David Segui (suh-GEE') says he was told as far back as 2001 that Roger Clemens' strength coach had kept evidence against the seven-time Cy Young Award winner.


Governor: NJ will start sports bets on its own

Posted: 24 May 2012 01:11 PM PDT

Sports betting could be up and running this fall in New Jersey under a plan that would defy a federal ban on such wagering in all but four states.

Iran, big powers agree to meet again over nuclear dispute

Posted: 24 May 2012 01:11 PM PDT

European Union foreign policy chief Catherine Ashton addresses a news conference after a meeting in BaghdadBAGHDAD (Reuters) - Iran and world powers agreed to meet again in Moscow next month for more talks to try to end the long-running dispute over Tehran's nuclear programme, but there was scant progress to resolve the main sticking points between the two sides. At the heart of the dispute is Iran's insistence that it has the right to enrich uranium and that economic sanctions should be lifted before it stops activities that could lead to its achieving the capability to make nuclear weapons. Western powers insist Tehran must first shut down enrichment activities before sanctions can be eased. ...


Jury deliberating in Muslim soldier's trial

Posted: 24 May 2012 01:10 PM PDT

FILE - This June 14, 2011, file photo shows Pfc. Naser Jason Abdo in Nashville, Tenn. Abdo, a Muslim soldier who was AWOL from Fort Campbell, Ky., is accused of planning to bomb a Killeen restaurant filled with Fort Hood soldiers and shoot any survivors last summer. He faces up to life in prison if convicted of attempting to use a weapon of mass destruction, the most serious of the six charges on which he's being tried at his federal trial in Waco, Texas. (AP Photo, File)A federal jury has started deliberating in the trial of a Muslim soldier accused of planning to bomb a Texas restaurant filled with Fort Hood troops.


Doctors report rise in kids eating detergent packs

Posted: 24 May 2012 01:10 PM PDT

Miniature laundry detergent packets arrived on store shelves in recent months, touted as a solution to bulky bottles and messy spills. But doctors across the country say children are confusing the tiny, brightly colored packets with candy and swallowing them.

Senate committee cuts Pakistan aid over conviction

Posted: 24 May 2012 01:09 PM PDT

A Pakistani man selling cold drinks pushes his bicycle between oil tankers, which were used to transport NATO fuel supplies to Afghanistan, in a compound in Karachi, Pakistan, Thursday, May 24, 2012. (AP Photo/Fareed Khan)A Senate panel expressed its outrage Thursday over Pakistan's conviction of a doctor who helped the United States track down Osama bin Laden, cutting aid to Islamabad by $33 million — $1 million for every year of the physician's 33-year sentence for high treason.


Goldman's Blankfein gets a break

Posted: 24 May 2012 01:07 PM PDT

FILE- In this Tuesday, April 27, 2010, file photo, Goldman Sachs chairman and chief executive officer Lloyd Blankfein waits to testify before the Senate Subcommittee on Investigations hearing on Wall Street investment banks and the financial crisis on Capitol Hill in Washington, Tuesday, April 27, 2010. Goldman Sachs enjoyed a relatively calm shareholder meeting Thursday, May 24, 2012, while two of its peers, Morgan Stanley and JPMorgan Chase, grappled with public-relations nightmares. Blankfein was peppered with questions about the bank's political lobbying, but the vitriol and the shouting protesters that have haunted other banks' meetings this spring were absent.(AP Photo/Susan Walsh)For once, the spotlight wasn't on Goldman Sachs.


101-year-old man killed by 91-year-old driver

Posted: 24 May 2012 01:06 PM PDT

Even at 101 years old, Otto Jensen showed little sign of slowing down. The former boxer from Denmark still ran a photography studio and often was seen crossing the busy street in front to get to a senior center he frequented.

IOC-USOC revenue deal done; US can bid for games

Posted: 24 May 2012 01:05 PM PDT

United States Olympic Committee chairman Larry Probst, left, and Olympic Committee President Jacques Rogge shake hands after signing an agreement between the IOC and the USOC at the SportAccord conference in Quebec City, Thursday May 24, 2012. (AP Photo/Mathieu Belanger, Pool)International and U.S. Olympic leaders finalized a new revenue-sharing agreement on Thursday that ends years of acrimony between the powerful bodies and clears the way for future American bids for the games.


Vatican bank chief ousted in no-confidence vote

Posted: 24 May 2012 01:02 PM PDT

** FILE ** In this Dec. 21, 2011, file photo, Ettore Gotti Tedeschi, head of the Vatican bank I.O.R., leaves after greeting Pope Benedict XVI at the end of a weekly general audience at the Vatican. Gotti Tedeschi was ousted after a no-confidence vote of the Vatican bank I.O.R. governing body on Thursday, May 24, 2012. (AP Photo/Andrew Medichini)The president of the Vatican bank was effectively ousted Thursday after receiving a unanimous vote of no-confidence from bank overseers for having leaked documents and failed to do his job at a critical time in the Holy See's efforts to show financial transparency, the Vatican and officials said.


Exclusive: Draft of Nigeria oil bill being finalized

Posted: 24 May 2012 12:59 PM PDT

A signboard campaigning against oil pipeline vandalism is seen along a road in Yenagoa in Nigeria's Bayelsa stateABUJA/LAGOS (Reuters) - A new draft of Nigeria's long delayed oil bill, whose passage is needed to unblock billions of dollars of stalled investment into exploration and production, will be finalized this week, sources close to the matter said on Thursday. A copy of the 200-page Petroleum Industry Bill (PIB) obtained by Reuters includes plans to partly privatize and list the state oil firm, tax oil company profits at 20 percent for deep offshore and 50 percent for shallow or onshore, and give the oil minister supervisory powers over all institutions in the industry. ...


Possible break reported in case of missing NYC boy

Posted: 24 May 2012 12:59 PM PDT

This undated file image provided Friday, May 28, 2010 by Stanley K. Patz shows a flyer distributed by the New York Police Department of Patz's son Etan who vanished in New York on May 25, 1979. New York City police commissioner Raymond Kelly said Thursday May 24, 2010, that a person who's in custody has implicated himself in the disappearance and death of Etan Patz, (AP Photo/Courtesy NYPD/file) EDITORIAL USE ONLY, NO SALES, FOR USE ONLY IN ILLUSTRATING EDITORIAL STORIES REGARDING THE DISAPPEARANCE OF ETAN PATZ OR OTHER MISSING CHILDRENIn a potential break in one of the nation's most baffling missing-children cases, a former convenience-store employee has told police that he suffocated 6-year-old Etan Patz in 1979 and left the boy's body in a box in an alley, law enforcement officials said Thursday.


Justice Dep't: Misconduct by 2 in Stevens case

Posted: 24 May 2012 12:58 PM PDT

The Justice Department's internal ethics watchdog said Thursday that two prosecutors in the bungled corruption case against then-Sen. Ted Stevens engaged in reckless professional misconduct by failing to disclose information favorable to the lawmaker, who eight days after his 2008 conviction lost re-election to the seat he held for 40 years.

Tornado doesn't stop Kansas couple's wedding day

Posted: 24 May 2012 12:54 PM PDT

In this May 19, 2012, photo provided by Cate Eighmey, Caleb & Candra Pence pose for a wedding photo as a tornado swirls in the background after they were married in Harper County, Kan. (AP Photo/Cate Eighmey) MANDATORY CREDITOn the plains of Kansas, tornadoes are so unremarkable that wedding guests barely flinched as a couple exchanged their vows while a twister loomed in the distance.


Clinton: U.S. sanctions will stay as Iran talks continue

Posted: 24 May 2012 12:53 PM PDT

WASHINGTON (Reuters) - The United States will join in talks with Iran next month in Moscow to try to address differences with Tehran over its nuclear program, but Washington will keep intensifying U.S. sanctions, Secretary of State Hillary Clinton said on Thursday. "As we lay the groundwork for these talks, we will keep up the pressure as part of our dual-track approach. All of our sanctions will remain in place and continue to move forward during this period," she told reporters in Washington hours after talks between Iran and world powers concluded in Baghdad. ...

Hakeem Nicks breaks right foot at Giants OTA

Posted: 24 May 2012 12:50 PM PDT

New York Giants receiver Hakeem Nicks is expected to be sidelined up to three months after breaking his right foot at a team organized activity early Thursday.

Almost 700 arrested in Canada tuition protest

Posted: 24 May 2012 12:49 PM PDT

Thousands of demonstrators march in protest of tuition fee hikes through the streets of Montreal on Wednesday, May 23, 2012. (AP Photo/The Canadian Press, Ryan Remiorz)Nearly 700 people were arrested Wednesday night after a protest over higher university tuition in Quebec erupted into another night of violence.


Disputed Beverly Hills subway route approved

Posted: 24 May 2012 12:49 PM PDT

FILE - This Nov. 8, 2011 file photo shows students standing on the lawn in front of Beverly Hills High School in Beverly Hills, Calif. The long, fierce fight over sending a subway 70 feet under Beverly Hills High School has spawned a pair of warring videos that have begun to overshadow the policy and geology at the center of the dispute. (AP Photo/Reed Saxon, File)Los Angeles County transportation officials have approved a disputed plan to route a subway tunnel under Beverly Hills High School, but a court battle over the proposed Westside Subway Extension is a virtual certainty.


Tornadoes didn't stop Kansas couple from marrying

Posted: 24 May 2012 12:44 PM PDT

In this May 19, 2012, photo provided by Cate Eighmey, Caleb & Candra Pence pose for a wedding photo as a tornado swirls in the background after they were married in Harper County, Kan. (AP Photo/Cate Eighmey) MANDATORY CREDITOn the plains of Kansas, tornadoes are so unremarkable that wedding guests barely flinched as a couple exchanged their vows as a twister loomed in the distance.


Citadel lost $30 million in Facebook fiasco: source

Posted: 24 May 2012 12:42 PM PDT

NEW YORK (Reuters) - Citadel Securities' market-making business lost around $30 million due to Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. stock exchange, a source with knowledge of the situation said on Thursday. The losses at Citadel Securities, which has assets under management of around $1 billion, are in line with losses at Knight Capital Group, which said on Wednesday in a regulatory filing it suffered a pre-tax loss of $30 million to $35 million. ...

Italy's Monti says probable Greece will stay in euro zone

Posted: 24 May 2012 12:40 PM PDT

ROME (Reuters) - Italian Prime Minister Mario Monti said on Thursday he believed Greece would remain in the euro zone, but it was impossible to say so with certainty. "Anything can happen, but I think the most probable outcome is the one which is most positive for Greece and for all of us," Monti said in an interview on a television talk show, when asked if he believed Greece would to stay in the currency bloc. (Reporting By Gavin Jones)

Romney running mate search enters audition phase

Posted: 24 May 2012 12:40 PM PDT

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures while speaking at the Latino Coalition annual economic summit, Wednesday, May 23, 2012, at the U.S. Chamber of Commerce in Washington. (AP Photo/Evan Vucci)Mitt Romney's vice presidential search has entered a new phase: auditions.


Texan gets 20-year prison term for al-Qaida links

Posted: 24 May 2012 12:38 PM PDT

FILE - In this June 8, 2010 file photo, Barry Walter Bujol arrives at federal court in Houston. Bujol, convicted of trying to help al-Qaida, was sentenced Thursday, May 24, 2012, to 20 years in prison and ordered to pay a $10,000 fine. Bujol was convicted last year of attempting to provide material support to a foreign terrorist organization and of aggravated identity theft. (AP Photo/Pat Sullivan, File)A Texas man convicted of trying to sneak out of the U.S. to give al-Qaida restricted military documents, GPS equipment and money was sentenced on Thursday to 20 years in prison — the maximum punishment he could receive.


Suu Kyi to make first foreign trip since 1988

Posted: 24 May 2012 12:37 PM PDT

Aung San Suu Kyi had previously been unwilling to leave for fear Myanmar's military rulers would not let her returnMyanmar pro-democracy leader Aung San Suu Kyi will travel overseas next week for the first time in more than two decades to attend an economic forum in Bangkok, her party said on Thursday.


Greek anti-bailout left has 4-point lead -poll

Posted: 24 May 2012 12:36 PM PDT

ATHENS (Reuters) - Greece's anti-bailout leftist SYRIZA party is maintaining its poll lead ahead of a June 17 election that is deemed critical to the country's continued membership of the euro zone, a poll showed on Thursday. Greece was forced to call a repeat election after a May 6 vote left parliament divided evenly between groups of parties that support and oppose austerity conditions attached to a 130 billion euro rescue agreed with lenders in March. ...

Activist Chen urges China to prosecute those who harassed him

Posted: 24 May 2012 12:35 PM PDT

Blind Chinese dissident Chen takes a break in a city park in New YorkNEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng, who flew to the United States last week, said on Thursday China's handling of the local officials who harassed and abused him and his family will determine whether the country can begin to achieve rule of law. "If authorities can promptly investigate and prosecute those lawless officials who broke China's laws, then possibly China can rather quickly move onto the road of rule of law," Chen told Reuters in an interview. ...


Sanchez sharp, Tebow tosses 2 INTs in Jets' OTAs

Posted: 24 May 2012 12:34 PM PDT

New York Jets quarterbacks Mark Sanchez, left, and Tim Tebow look on during NFL football practice, Thursday, May 24, 2012, in Florham Park, N.J. (AP Photo/Julio Cortez)Mark Sanchez was sharp in the New York Jets' first session of organized team activities open to the media, while backup Tim Tebow threw two interceptions in a three-play span.


AP: NJ finds NYPD Muslim surveillance is legal

Posted: 24 May 2012 12:32 PM PDT

New York City police did not violate New Jersey laws when they conducted surveillance of Muslim businesses, mosques and student groups, Gov. Chris Christie's administration said Thursday following a three-month review, rejecting demands by Muslim leaders for a formal investigation and a clampdown on cross-border police operations.

Nasdaq caused $35 mn loss in Facebook IPO: broker

Posted: 24 May 2012 12:31 PM PDT

A New York broker has asked Nasdaq to compensate it for up to $35 million in losses on the FacebookA New York broker has asked Nasdaq to compensate it for up to $35 million in losses on the Facebook initial public offering due to the market's computer problems on the first day of trade.


Allison Macfarlane nominated as top U.S. nuclear regulator

Posted: 24 May 2012 12:31 PM PDT

WASHINGTON (Reuters) - President Barack Obama said on Thursday he will nominate Allison Macfarlane, an expert in nuclear waste, to the U.S. Nuclear Regulatory Commission, and plans to name her as the panel's chairman once she is confirmed by the Senate. Macfarlane, who teaches at George Mason University, would replace Gregory Jaczko, who announced this week he would step down after a controversial term as the top nuclear safety official. (Reporting by Roberta Rampton and Alister Bull; Editing by Anthony Boadle)

Obama's 2008 magic past, Iowa all-out battleground

Posted: 24 May 2012 12:31 PM PDT

FILE - In this April 25, 2012 file photo, President Barack Obama arrives to speak at the University of Iowa in Iowa City, Iowa. The Iowa magic that launched Barack Obama to the presidency four years ago has all but faded. Today, the Democrat who emerged Cinderella-like in Iowa in 2008 is sharply attacking Republican challenger Mitt Romney's economic credentials and his ability to grasp voters' everyday concerns. (AP Photo/Carolyn Kaster, File)The Iowa magic that launched Barack Obama to the presidency four years ago has all but faded.


New Google data shows Microsoft's piracy problems

Posted: 24 May 2012 12:30 PM PDT

Google's Internet search engine receives more complaints about websites believed to be infringing on Microsoft's copyrights than it does about material produced by entertainment companies pushing for tougher laws against online piracy.

Factbox: Nigeria's draft Petroleum Industry Bill

Posted: 24 May 2012 12:30 PM PDT

(Reuters) - Nigeria's government task force will finalize a draft of the long-delayed Petroleum Industry Bill (PIB) this week before sending it to the oil minister and the national assembly for debate, industry sources told Reuters. The ambitious PIB has been years in the making and several other versions have been debated by parliament. In January, President Goodluck Jonathan ordered that a task force put together a definitive draft to speed up the process. ...

Tiffany's cuts outlook amid slowing demand

Posted: 24 May 2012 12:28 PM PDT

FILE - In this Aug. 27, 2010 file photo, a man walks into a Tiffany store on Wall Street in New York. Tiffany & Co. cut its outlook for both sales and profit for the year, citing a slowdown in demand for its jewelry not only in the U.S. but in many other countries. (AP Photo/Mark Lennihan, File)Tiffany & Co., a bellwether of luxury spending, says its sales aren't rising as fast as last year in the U.S. or abroad, and the gift and jewelry chain cut its forecasts for sales and profit for the year.


US panel cuts Pakistan funding over doctor row

Posted: 24 May 2012 12:27 PM PDT

People gather outside the burnt compound where Al-Qaeda leader Osama bin Laden was killed by US Special Forces in 2011A Senate panel voted to cut aid to Pakistan by a symbolic $33 million on Thursday, $1 million for each year of jail time handed to a Pakistani doctor convicted of treason for helping the United States track down Osama bin Laden.


Iran, world powers agree Moscow meet, little else

Posted: 24 May 2012 12:27 PM PDT

Iran's chief nuclear negotiator, Saeed JaliliIran and six world powers closed two days of "very intense" nuclear talks Thursday with little to show except an agreement to meet again next month in Moscow after sharp disagreements over the way forward.


Oil bounces back above $90 per barrel

Posted: 24 May 2012 12:27 PM PDT

Traders work in the oil options pit at the New York Mercantile Exchange, Thursday, May 24, 2012. Oil lingered near seven-month lows around $90 a barrel Thursday in Asia as Europe's debt crisis festers and China's economy continues to slow. (AP Photo/Richard Drew)Oil bounced back Thursday, a day after falling below $90 per barrel for the first time in months.


Facebook launches iPhone camera app

Posted: 24 May 2012 12:23 PM PDT

an undated image provided by Facebook shows Facebook's new camera app, unveiled Thursday, May 24, 2012. The app, made for the iPhone, can be downloaded from Apple's App Store. It works like most other camera applications for smart phones. To take a photo, you tap a camera icon in the upper left corner of your screen, aim and shoot. You can then add filters, crop or tilt your photo, and share it on Facebook. (AP Photo/Facebook)Facebook's rocky initial public offering hasn't stopped life at the world's biggest online social network. On Thursday, the company unveiled a camera app for the iPhone.


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