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Friday, June 29, 2012

Tom Cruise and Katie Holmes divorcing

Tom Cruise and Katie Holmes divorcing


Tom Cruise and Katie Holmes divorcing

Posted: 29 Jun 2012 01:13 PM PDT

FILE - In this Monday, March 28, 2011 file photo, cast member Katie Holmes, right, and Tom Cruise arrive at the premiere of "The Kennedys" at The Academy of Motion Pictures Arts and Sciences in Beverly Hills, Calif. Cruise and Homes are calling it quits after five years of marriage. Holmes' attorney Jonathan Wolfe said Friday June 29, 2012 that the couple is divorcing, but called it a private matter for the family. (AP Photo/Matt Sayles)Tom Cruise and Katie Holmes are divorcing, bringing an end to one of Hollywood's most unexpected marriages, one that spawned euphoric couch-jumping on "The Oprah Winfrey Show" and endless speculation in the tabloids.


5 more states granted NCLB waivers

Posted: 29 Jun 2012 01:11 PM PDT

Five more states have been granted relief from key requirements of the Bush-era No Child Left Behind law, bringing the total to 24 states given waivers, the Education Department said Friday.

Romney ad uses Hillary Clinton criticism of Obama

Posted: 29 Jun 2012 01:09 PM PDT

Mitt Romney's campaign has launched a new attack ad against President Barack Obama that uses Hillary Rodham Clinton's words against the president.

World markets surge after Europe finds rescue plan

Posted: 29 Jun 2012 01:09 PM PDT

FILE - In this June 25, 2012 file photo, specialist Douglas Johnson, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange. U.S. stocks are up at midday, Friday, June 29, 2012, after European leaders agreed to a set of prescriptions aimed at easing their debt crisis. (AP Photo/Richard Drew, File)U.S. stocks are closing with their second-biggest gain this year after European leaders announced a plan to rescue banks, relieve debt-burdened governments and restore investor confidence.


Assad forces bombard northern towns, avoid Turkish border

Posted: 29 Jun 2012 01:07 PM PDT

A security person inspects a wrecked car at the site of an explosion outside Syria's highest court in central DamascusANTAKYA, Turkey (Reuters) - Helicopter gunships bombarded a strategic town in northern Syria overnight and tanks moved close to the commercial hub of Aleppo, rebels said, but kept well clear of new Turkish air defenses installed to curb Syrian action near its frontiers. Turkish commanders inspected the missile batteries deployed on the border region on Thursday following Syria's shooting down of a Turkish warplane a week ago, which has sharply raised tensions between the two nations. ...


Russia, U.S. still differ over Syria, U.S. official says

Posted: 29 Jun 2012 01:07 PM PDT

ST PETERSBURG, Russia (Reuters) - Russia and the United States still have differences over the how to resolve the conflict in Syria following talks on Friday, a senior U.S. State Department official said. "There are still areas of difficulty and difference," the official said after U.S. Secretary of State Hillary Clinton and Russian Foreign Minister Sergei Lavrov met in St Petersburg on the eve of international crisis talks on Syria in Geneva. The official confirmed Clinton and Lavrov still intended to attend Saturday's meeting with the other countries that are permanent members of the U.N. ...

Congress passes student loans, highway jobs bill

Posted: 29 Jun 2012 01:07 PM PDT

House Speaker John Boehner of Ohio, joined by other House GOP leaders, meets with reporters on Capitol Hill in Washington, Wednesday, June 27, 2012, following a political strategy session. Boehner defended the contempt of Congress vote against Attorney General Eric Holder, commented on the looming Supreme Court decision on the health care, and updated progress on student loans and the transportation bill. (AP Photo/J. Scott Applewhite)Finding rare political accommodation on the cusp of a holiday recess, Congress passed legislation Friday designed to salvage 2.8 million jobs and shield students from a sharp increase in loan interest rates.


Obama views fire damage in swing state Colorado

Posted: 29 Jun 2012 01:06 PM PDT

President Barack Obama talks with firefighters as he tours the Mountain Shadow neighborhood devastated by wildfires, Friday, June 29, 2012, in Colorado Springs, Colo. (AP Photo/Carolyn Kaster)President Barack Obama says that when disasters such as the wildfires consuming parts of Colorado strike, "America comes together."


Q&A: What does the health care law mean for you?

Posted: 29 Jun 2012 01:06 PM PDT

Chart shows voting record on the health care actFree vaccines for kids, cheaper drugs for the elderly and many other benefits of President Barack Obama's health care law are already out there. More are coming, like a guaranteed right to buy health insurance even for patients with serious medical troubles. Many businesses and wealthy taxpayers, however, will see their costs go up.


Peter Madoff pleads guilty in NYC, blames brother

Posted: 29 Jun 2012 01:05 PM PDT

Peter Madoff leaves Federal Court on Friday, June 29, 2012 in New York after pleading guilty to criminal charges. Peter Madoff, the younger brother and business partner of disgraced financier Bernard Madoff pleaded guilty Friday to charges he doctored documents, but insisted he knew nothing about his brother's historic Ponzi scheme. Madoff, 66, entered the plea in a deal that permits him to remain free on $5 million bail pending his Oct. 4 sentencing. (AP Photo/John Minchillo)The younger brother and business partner of disgraced financier Bernard Madoff pleaded guilty Friday to charges he doctored documents for years, but he insisted he knew nothing about his brother's historic Ponzi scheme and was "in total shock" when he found out about it.


Some GOP states want to abandon Medicaid expansion

Posted: 29 Jun 2012 01:04 PM PDT

Pedestrians in downtown Chicago watch President Barack Obama speak on a giant monitor Thursday, June 28, 2012, after the Supreme Court's decision upholdijng the vast majority of his health care overhaul. The Supreme Court on Thursday upheld virtually all of President Barack Obama's historic health care overhaul, including the hotly debated core requirement that nearly every American have health insurance. The 5-4 decision meant the huge overhaul, still taking effect, could proceed and pick up momentum over the next several years, affecting the way that countless Americans receive and pay for their personal medical care. (AP Photo/Sitthixay Ditthavong)Republicans in at least three states want to abandon an expansion of Medicaid in President Barack Obama's health care overhaul, and more than a dozen other states are considering it in the wake of the Supreme Court decision removing the threat of federal penalties.


NBC picks Guthrie to replace Ann Curry on 'Today'

Posted: 29 Jun 2012 01:02 PM PDT

CORRECTS TO CURRY WILL ANNOUNCE HER DEPARTURE, NOT HAS ANNOUNCED HER DEPARTURE -FILE - In a Wednesday, Aug. 10, 2011 file photo provided by NBC, "Today" show co-host Savannah Guthrie appears on the set during a broadcast, in New York. Guthrie is expected to replace Ann Curry as With little fanfare, NBC appointed Savannah Guthrie on Friday as Matt Lauer's co-host for the "Today" show, one day after ousted Ann Curry's tearful exit.


TNT's 'Dallas' revival wins a second-season pickup

Posted: 29 Jun 2012 01:02 PM PDT

The Ewings are forever battling each other, and viewers clearly love them.

Greek militant group claims Microsoft attack

Posted: 29 Jun 2012 01:01 PM PDT

ATHENS (Reuters) - A little-known leftist militant group claimed responsibility on Friday for an attack on Microsoft's Greek headquarters earlier this week. Hooded attackers rammed a van packed with gas canisters into the Microsoft building in Athens on Wednesday and then set the vehicle on fire, causing damage but no injuries. At least two people wielding pistols and a machinegun kept security guards away as they carried out the attack, police said. In a statement published on the Internet, the International Revolutionary Front said it singled out Microsoft to strike a blow at capitalism. ...

Judge weighing whether to give Zimmerman bond

Posted: 29 Jun 2012 01:00 PM PDT

FILE - This file booking photo provided by the Seminole County Sheriff's Office shows George Zimmerman. Zimmerman is charged with second-degree murder in the shooting of Trayvon Martin. Zimmerman has a second bond hearing Friday, June 29, 2012. He was released on $150,000 bond in April, but the judge revoked the bond after prosecutors presented evidence that Zimmerman and his wife had misled the court about how much money they had. (AP Photo/Seminole County Sheriff's Office, File)George Zimmerman's lawyer sparred with prosecutors over the former neighborhood watch volunteer's finances Friday in a lengthy hearing that concluded with a judge saying he would need more time to decide whether to post bond again.


Morgan sets up England win over Australia

Posted: 29 Jun 2012 12:58 PM PDT

England's Eoin MorganEoin Morgan's rapid 89 not out laid the platform for England's 15-run win over arch-rivals Australia in the first one-day international at Lord's here on Friday.


Dish vows to replace AMC channels in fee dispute

Posted: 29 Jun 2012 12:56 PM PDT

Satellite broadcaster Dish Network Corp. on Friday said it would replace AMC Networks Inc.'s channels with HDNet channels at midnight on Saturday, ratcheting up a fee dispute.

USADA moves Armstrong case to arbitration panel

Posted: 29 Jun 2012 12:56 PM PDT

The U.S. Anti-Doping Agency says its review board has made a unanimous recommendation to file formal doping charges against Lance Armstrong.

Toyota to recall Lexus SUVs to fix floor mat

Posted: 29 Jun 2012 12:54 PM PDT

FILE - This file photo provided by Lexus shows the 2010 RX 350. Toyota is adding two Lexus SUVs to its huge recalls for unintended acceleration, The Associated Press reports Friday, June 29, 2012. The National Highway Traffic Safety Administration says it has asked Toyota to recall about 154,000 Lexus RX 450 H and RX 350 SUVs from the 2010 model year. The agency says gas pedals can become trapped by floor mats, causing the SUVs to accelerate unexpectedly. (AP Photo/Lexus, David Dewhurst, File)Toyota's problems with runaway acceleration just won't go away.


Investors seek US debt on EU summit pessimism: EPFR

Posted: 29 Jun 2012 12:51 PM PDT

NEW YORK (Reuters) - In advance of the latest round of European talks to help stabilize the euro zone financial situation, investors once again played it safe, data from EPFR Global showed on Friday. The fund-tracking firm reported that U.S. bond funds took in $3.26 billion in the week ended June 27. More significantly, U.S. stock funds saw redemptions of $7.64 billion, with about 80 percent of that being pulled from three exchange-traded funds. Bond funds globally saw inflows of $4.74 billion over the week, while equity funds saw outflows of $7.69 billion. ...

EU deal for Spain, Italy buoys markets but details sketchy

Posted: 29 Jun 2012 12:51 PM PDT

European Council President Van Rompuy addresses a news conference after a European Union leaders summit in BrusselsBRUSSELS (Reuters) - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. They also pledged to create a single banking supervisor for euro zone banks based around the European Central Bank in a landmark first step towards a European banking union that could help shore up struggling member Spain. ...


White House wants Hill Democrats to fight on taxes

Posted: 29 Jun 2012 12:50 PM PDT

President Barack Obama speaks in the East Room of the White House in Washington, Thursday, June 28, 2012, after the Supreme Court ruled on his health care legislation. (AP Photo/Luke Sharrett pool)The White House is urging congressional Democrats to engage Republicans in a fight over taxes, pressing them to go on the offensive after the Supreme Court's health care decision gave prominence to the issue.


Bomb explodes in Mexican city days before election

Posted: 29 Jun 2012 12:49 PM PDT

MEXICO CITY (Reuters) - An explosive device blew up inside a truck parked outside the town hall of Mexico's northern city of Nuevo Laredo on Friday, injuring seven people but causing no casualties, officials said. The blast comes two days before Mexico votes for a new president to replace Felipe Calderon, who has waged a 5-1/2-year battle against drug traffickers. Police did not immediately confirm whether the attack was drug-related but Mexican cartels have been increasingly using improvised explosive devices in cars. ...

Woods climbs into the hunt at Congressional

Posted: 29 Jun 2012 12:49 PM PDT

Tiger Woods watches his drive from the fourth tee during the second round of the AT&T National golf tournament at Congressional Country Club in Bethesda, Md., Friday, June 29, 2012. (AP Photo/Nick Wass)Tiger Woods had the round he needed on a steamy day at Congressional. Robert Garrigus had the round he has come to expect.


Firefighters search for bodies in Colorado blaze

Posted: 29 Jun 2012 12:48 PM PDT

Several firefighters from Colorado Springs Fire Dept. get massages after coming off the fire line on the the Waldo Canyon wildfire west of Colorado Springs, Colo., Friday, June 29, 2012. One person has been found dead, another is missing and nearly 350 homes have been destroyed by a raging U.S. wildfire that has forced tens of thousands to flee this week. President Barack Obama on Friday will tour the scene of the most destructive fire in Colorado history. (AP Photo/Chris Carlson)Firefighters went from one smoldering pile to another Friday in search of bodies in the nearly 350 homes burned to the ground by the most destructive wildfire in Colorado history.


Texas' battle against feds leads to more oversight

Posted: 29 Jun 2012 12:46 PM PDT

FILE - In this April 16, 2012 file photo, Texas Gov. Rick Perry talks about the Texas Budget Compact during an event to announce key budget principles for the upcoming and future budgets, in Houston. Perry has spent much of the past three years publicly, loudly and defiantly fighting against what he views as Washington meddling in state affairs, often refusing to cooperate with the U.S. Environmental Protection Agency and becoming a leader in the battle against President Barack's Obama's health care plan. His hard-fought battle, however, has led to more of what he most staunchly opposes: federal oversight. (AP Photo/David J. Phillip, File)Texas Gov. Rick Perry has spent much of the past three years loudly and defiantly fighting against what he views as Washington meddling in state affairs, often refusing to cooperate with the U.S. Environmental Protection Agency and becoming a leader in the battle against President Barack Obama's health care plan.


German Parliament OKs fiscal pact, euro fund

Posted: 29 Jun 2012 12:45 PM PDT

German Chancellor Angela Merkel addresses lawmakers on the decisions of the EU summit at the parliament Bundestag in Berlin, Friday, June 29, 2012. Chancellor Merkel faces a vote on the eurozone's new permanent rescue fund and the EU's fiscal pact. (AP Photo/Markus Schreiber)The German Parliament's lower house has approved the new European budget-discipline pact and the eurozone's permanent €500 billion ($623 billion) rescue fund.


Families of US agents shot in Mexico seek answers

Posted: 29 Jun 2012 12:42 PM PDT

The families of two U.S. immigration agents shot more than a year ago on a Mexican highway renewed their demand Friday that the U.S. government explain the decisions that put them there and answer questions about how guns purchased in the U.S. fell into the hands of their attackers.

Victoria Justice looks to create her own sound

Posted: 29 Jun 2012 12:40 PM PDT

FILE - This March 31, 2012 file photo shows singer-actress Victoria Justice arriving at Nickelodeon's 25th Annual Kids' Choice Awards in Los Angeles. Justice released a second soundtrack for her hit Nickelodeon series Victoria Justice recently dropped a soundtrack for her hit Nickelodeon series "Victorious," but she's also in the process of developing her own sound as a solo act.


WTO rules against U.S. in meat labeling case

Posted: 29 Jun 2012 12:40 PM PDT

WTO Director General Lamy addresses a news conference on annual trade forecast and statistics in GenevaGENEVA/WINNIPEG, Manitoba (Reuters) - The World Trade Organization on Friday ruled a U.S. meat labeling program unfairly discriminated against Mexico and Canada, putting pressure on the United States to bring the program in line with global trade rules. The WTO Appellate Body said the U.S. country-of-origin labeling rules, commonly known as COOL, were wrong because they gave less favorable treatment to beef and pork imported from Mexico and Canada, the countries that brought the case, than to U.S. meat. ...


Bernard Madoff brother pleads guilty in Ponzi case

Posted: 29 Jun 2012 12:37 PM PDT

Peter Madoff departs the Jacob K. Javits federal building in New YorkNEW YORK (Reuters) - Bernard Madoff's younger brother pleaded guilty to criminal charges that he helped advance the multibillion-dollar Ponzi scheme, but denied knowing about the epic, decades-long fraud. With his guilty plea in Manhattan federal court on Friday, Peter Madoff is the first of Bernard Madoff's family members to admit criminal wrongdoing at the investment advisory firm. "I truly believed that my brother was a brilliant securities trader," Peter Madoff told U.S. District Judge Laura Taylor Swain in a courtroom filled to capacity. ...


Justice won't prosecute Holder for contempt

Posted: 29 Jun 2012 12:32 PM PDT

FILE - In this June 12, 2012 file photo, Attorney General Eric Holder testifies on Capitol Hill in Washington. In email exchanges with subordinates in February and March 2011, Attorney General Eric Holder and the department's second-highest official expressed growing concern that something might have gone wrong in a federal gun-smuggling probe called Operation Fast and Furious. (AP Photo/J. Scott Applewhite)The Justice Department has declared that Attorney General Eric Holder's decision to withhold information about a bungled gun-tracking operation from Congress does not constitute a crime and he won't be prosecuted for contempt of Congress.


US: Some Taliban at Gitmo could go to Afghanistan

Posted: 29 Jun 2012 12:30 PM PDT

The Obama administration is considering a new gambit to restart peace talks with the Taliban in Afghanistan that would send several Taliban detainees from the military prison at Guantanamo Bay, Cuba, to a prison in Afghanistan, U.S. and Afghan officials told The Associated Press.

A look at the ruling upholding Obamacare

Posted: 29 Jun 2012 12:29 PM PDT

The Supreme Court decision upholding President Barack Obama's health care overhaul affects nearly every American, because the law itself is so vast. A look at what it does and what's to come:

German Parliament approves fiscal pact

Posted: 29 Jun 2012 12:29 PM PDT

German Chancellor Angela Merkel addresses lawmakers on the decisions of the EU summit at the parliament Bundestag in Berlin, Friday, June 29, 2012. Chancellor Merkel faces a vote on the eurozone's new permanent rescue fund and the EU's fiscal pact. (AP Photo/Markus Schreiber)The German Parliament's lower house has voted to approve the new European budget-discipline pact, a cherished project of Chancellor Angela Merkel.


Madoff brother pleads guilty, accepts 10-year term

Posted: 29 Jun 2012 12:29 PM PDT

Peter Madoff, brother of the infamous financial criminal Bernard MadoffPeter Madoff, brother of shamed US financier Bernard Madoff, pleaded guilty Friday to helping cook the books of the world's biggest ever Ponzi scheme and accepted a 10-year prison term.


Paraguay will not face Mercosur economic sanctions

Posted: 29 Jun 2012 12:28 PM PDT

Argentina's President Cristina Fernandez, left, and Brazil's President Dilma Rousseff pose for pictures before the Mercosur summit in Mendoza, Argentina, Friday, June 29, 2012. Leaders of the four-nation are discussing the idea of sanctioning Paraguay's new government for ousting its president in a quick impeachment trial last week. (AP Photo/Natacha Pisarenko)Argentina's President said Friday the Mercosur trade bloc has suspended Paraguay from the trade bloc but will not slap economic sanctions against the South American country after the ousting of its president.


Egypt president-elect vows to fight for authority

Posted: 29 Jun 2012 12:27 PM PDT

Egypt's President-elect Mohammed Morsi waves to supporters after giving a speech at Tahrir Square in Cairo, Egypt, Friday, June 29, 2012. In his first public speech addressing tens of thousands of mostly Islamist supporters, Morsi promised Saturday to work to free Omar Abdel-Rahman, the spiritual leader of men convicted in the 1993 World Trade Center bombing.(AP Photo/Khalil Hamra)In front of tens of thousands of cheering supporters, Egypt's first Islamist and civilian president-elect vowed Friday to fight for his authority and symbolically read an oath of office on Cairo's Tahrir Square on the eve of his official inauguration.


AOL promotes exec to organize company into 3 units

Posted: 29 Jun 2012 12:27 PM PDT

AOL is promoting its head financial officer to chief operating officer. The company has tasked him with organizing the online media conglomerate into three divisions.

Reward offered for Montana truck stop dinosaur

Posted: 29 Jun 2012 12:26 PM PDT

The folks at Hi-Noon Petroleum in Montana have a new way to turn a dinosaur into gasoline.

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