A123 bankruptcy financing gets final approval

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• A123 bankruptcy financing gets final approval
• Cuomo: Sandy cost NY, NYC $42B in damage and loss
• Judge mulls new trial for dad in family slayings
• Broadway box offices rejoice this Thanksgiving
• Fiscal cliff warning sends stock market lower
• UK's Cameron: EU budget deal still within grasp
• Oil prices fall as Israel-Hamas truce holds
• Court: Who counts as a supervisor?
• NJ Gov. Christie announces re-election bid
• US twin astronaut, Russian to spend year in orbit
• Italian steel plant to close amid health scandal
• Powerball ticket problems on Ga. machines
• On average the Stones older than US Supreme Court
• White House has concerns about Mursi declarations in Egypt
• Obama health law to face religion-based challenge
• Facebook stock climbs after upgrade
• Jimmy Carter returns to Haiti to build houses
• Feds charge Intrade with illegally allowing bets
• Longoria agrees to deal adding $100 million
• Tax credit luring pre-Broadway shows to Chicago
• Egypt's Islamists cancel protests
• Fla. man choked to death in roach-eating contest
• Federal mediators to join NHL lockout talks
• Court orders new look at health care challenge
• Danish theater cancels Amy Winehouse play
• Private memorials for "Dallas" star Larry Hagman
• Mexican beauty queen killed in shootout
• Bill to give hunters, fishermen more land access
• Yahoo's stock hits $19 for 1st time since 2010
• Egypt's Mursi tells judges decree limited in scope
• Canada's Carney named Bank of England chief
• Canada's Carney named as Bank of England chief
• White House: balanced approach to fiscal woes includes tax rates
• Euro officials seek way to unlock Greek crisis
• Cuomo: Sandy cost NY, NYC $42B in damage, loss
• Report: Obama health law a good deal for states
• With fiscal cliff deadline nearing, parties still at odds
• US defends 'enormous' climate efforts at UN talks
• Big 12 to send 9 teams to postseason
• Holmgren leaving Browns uncertain of future

A123 bankruptcy financing gets final approval Posted: 26 Nov 2012 01:11 PM PST A Delaware judge is giving final approval for Chinese auto-parts maker Wangxiang Group to provide $50 million in bankruptcy financing for battery maker A123 Systems.

Cuomo: Sandy cost NY, NYC $42B in damage and loss Posted: 26 Nov 2012 01:11 PM PST Superstorm Sandy ran up a $42 billion bill on New York and the state and New York City congressional leaders are preparing big requests for federal disaster aid.

Judge mulls new trial for dad in family slayings Posted: 26 Nov 2012 01:10 PM PST A judge is considering granting a new trial to a 37-year-old suburban Chicago man convicted of murdering his wife and three children.

Broadway box offices rejoice this Thanksgiving Posted: 26 Nov 2012 01:07 PM PST Most Broadway shows had a lot to be thankful for this Thanksgiving — box offices jumped more than $6 million from the previous week.

Fiscal cliff warning sends stock market lower Posted: 26 Nov 2012 01:06 PM PST Stocks are closing mostly lower as Washington lawmakers and business groups bicker over the proper rates for taxing and spending.

UK's Cameron: EU budget deal still within grasp Posted: 26 Nov 2012 01:05 PM PST LONDON (Reuters) - Britain believes European Union leaders can still reach a deal to secure a long-term budget after talks collapsed last week, but spending must be cut by billions of euros if London is to back the plans, Prime Minister David Cameron said on Monday. In comments that will appeal to rebellious anti-EU lawmakers threatening his authority and voters who see Brussels as a wasteful "gravy train", he demanded cuts to European officials' wages, pensions and perks. "We do believe a deal is still do-able. It is in our interests to get a deal. ...

Oil prices fall as Israel-Hamas truce holds Posted: 26 Nov 2012 01:04 PM PST Oil is back below $88 per barrel after a slow day of trading.

Court: Who counts as a supervisor? Posted: 26 Nov 2012 01:01 PM PST When does your co-worker also count as your supervisor? The Supreme Court may make a final decision on whether to draw a legal line between work colleagues and work managers, at least when it comes to harassment and retaliation claims.

NJ Gov. Christie announces re-election bid Posted: 26 Nov 2012 01:00 PM PST His popularity surging because of his handling of Superstorm Sandy, Gov. Chris Christie announced Monday he will seek a second term so he can continue leading the state through an expected long recovery effort.

US twin astronaut, Russian to spend year in orbit Posted: 26 Nov 2012 12:58 PM PST A former space shuttle commander whose twin brother is married to former Rep. Gabrielle Giffords will attempt the longest spaceflight ever by an American.

Italian steel plant to close amid health scandal Posted: 26 Nov 2012 12:58 PM PST A steel plant in southern Italy at the center of an environmental scandal announced Monday that it plans to close after police acting on prosecutors' warrants sequestered recent steel products bound for the market.

Powerball ticket problems on Ga. machines Posted: 26 Nov 2012 12:58 PM PST As the Powerball jackpot soars, the Georgia Lottery is trying to repair some of its machines that are taking a long time to process tickets.

On average the Stones older than US Supreme Court Posted: 26 Nov 2012 12:57 PM PST The Supreme Court used to be called Nine Old Men. That's nothing compared to the ageless Rolling Stones. The justices on average are the kid brothers and sisters of the forever young rock n' rollers.

White House has concerns about Mursi declarations in Egypt Posted: 26 Nov 2012 12:55 PM PST WASHINGTON (Reuters) - U.S. President Barack Obama is calling for calm in Egypt and for the country to resolve differences over its constitutional impasse peacefully, a White House spokesman said on Monday. Recent declarations by Egypt's President Mohamed Mursi that expanded his powers and put his decisions out of the reach of judicial review have raised questions internationally about the country's work on establishing a constitution and democratic system. ...

Obama health law to face religion-based challenge Posted: 26 Nov 2012 12:54 PM PST (Reuters) - The Supreme Court on Monday cleared the way for a Christian college to pursue a religion-based challenge against part of President Barack Obama's healthcare reform, which it claims forces taxpayers and employers to subsidize abortions and contraception. Liberty University, based in Lynchburg, Virginia, may now also argue that Congress exceeded its power by requiring big employers to provide healthcare coverage to workers, though legal experts said the argument faces an uphill battle in court. ...

Facebook stock climbs after upgrade Posted: 26 Nov 2012 12:53 PM PST Facebook's stock is climbing after an upgrade from an analyst who believes Wall Street is underestimating the company's potential to grow revenue.

Jimmy Carter returns to Haiti to build houses Posted: 26 Nov 2012 12:53 PM PST Former U.S. President Jimmy Carter on Monday urged donors to honor the billion-dollar pledges they made to help Haiti rebuild after its devastating 2010 earthquake.

Feds charge Intrade with illegally allowing bets Posted: 26 Nov 2012 12:52 PM PST U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on future economic data, the price of gold and even acts of war.

Longoria agrees to deal adding $100 million Posted: 26 Nov 2012 12:51 PM PST Evan Longoria wants to be with the Tampa Bay Rays for his entire big league career.

Tax credit luring pre-Broadway shows to Chicago Posted: 26 Nov 2012 12:51 PM PST The New York-bound musical "Kinky Boots" enjoyed a pre-Broadway run at a downtown Chicago theater this fall, but only after the state of Illinois lured producers with something that's scarce these days — money.

Egypt's Islamists cancel protests Posted: 26 Nov 2012 12:43 PM PST A spokesman of Egypt's Muslim Brotherhood says it has canceled a planned mass rally in support of President Mohammed Morsi's assumption of sweeping powers.

Fla. man choked to death in roach-eating contest Posted: 26 Nov 2012 12:42 PM PST A Florida man choked to death after downing dozens of live roaches to win a contest earlier this year in which the grand prize was a python, according to an autopsy released Monday.

Federal mediators to join NHL lockout talks Posted: 26 Nov 2012 12:42 PM PST Federal mediators are entering the stalled NHL labor talks, which have led to the first 2½ months of the regular season being canceled.

Court orders new look at health care challenge Posted: 26 Nov 2012 12:42 PM PST The Supreme Court has revived a Christian college's challenge to President Barack Obama's healthcare overhaul, with the acquiescence of the Obama administration.

Danish theater cancels Amy Winehouse play Posted: 26 Nov 2012 12:40 PM PST A play about Amy Winehouse that was to premiere in Denmark in January has been canceled after the late British singer's family blocked its use of her music and photos.

Private memorials for "Dallas" star Larry Hagman Posted: 26 Nov 2012 12:39 PM PST "Dallas" actor Larry Hagman will be remembered this week during private, invitation-only services in Dallas and Los Angeles.

Mexican beauty queen killed in shootout Posted: 26 Nov 2012 12:39 PM PST Officials say a 20-year-old state beauty queen has been killed in northern Mexico during a running gun battle between soldiers and the gang of drug traffickers she was traveling with.

Bill to give hunters, fishermen more land access Posted: 26 Nov 2012 12:38 PM PST Sportsmen might soon have more access to federal lands and be able to bring home as trophies 41 polar bears killed in Canada before the government started protecting the animals as a threatened species.

Yahoo's stock hits $19 for 1st time since 2010 Posted: 26 Nov 2012 12:33 PM PST Yahoo's shares touched $19 Monday, the first time they have traded that high in more than two and half years.

Egypt's Mursi tells judges decree limited in scope Posted: 26 Nov 2012 12:33 PM PST CAIRO (Reuters) - Egypt's president agreed on Monday that only his decisions related to "sovereign" matters would be protected from judicial review, his spokesman said, indicating he had accepted a judiciary-proposed compromise to try to defuse a crisis. President Mohamed Mursi had enraged opponents with a decree on Thursday that expanded his powers and put beyond legal oversight any decision he took until parliament was in place. Senior judges proposed he limit that to "sovereign matters. ...

Canada's Carney named Bank of England chief Posted: 26 Nov 2012 12:31 PM PST LONDON/OTTAWA (Reuters) - Britain named Canadian central bank chief Mark Carney on Monday to head the Bank of England, springing the surprise choice of a foreigner to push reform of its troubled financial system. A former Goldman Sachs investment banker who at the Bank of Canada guided the Canadian economy through the global economic crisis, Carney will succeed Mervyn King who retires in July. Carney, who already plays a leading role in setting global banking rules, defended his departure from Canada and signaled that bigger problems awaited him in London. ...

Canada's Carney named as Bank of England chief Posted: 26 Nov 2012 12:31 PM PST LONDON/OTTAWA (Reuters) - Britain named Canadian central bank chief Mark Carney on Monday to head the Bank of England, springing the surprise choice of a foreigner to push reform of its troubled financial system. A former Goldman Sachs investment banker who at the Bank of Canada guided the Canadian economy through the global economic crisis, Carney will succeed Mervyn King who retires in July. Carney, who already plays a leading role in setting global banking rules, defended his departure from Canada and signalled that bigger problems awaited him in London. ...

White House: balanced approach to fiscal woes includes tax rates Posted: 26 Nov 2012 12:25 PM PST WASHINGTON (Reuters) - The White House on Monday threw cold water on the proposal of solving the problem of the so-called "fiscal cliff" by limiting tax deductions and loopholes, instead of allowing taxes to rise for the highest earners in the United States. "The reality is closing loopholes and ending deductions as an alternative to raising rates on the top earners, the top 2 percent ... sounds good, but you have to look at the context of the actual proposals," White House Spokesman Jay Carney told reporters at a briefing. ...

Euro officials seek way to unlock Greek crisis Posted: 26 Nov 2012 12:21 PM PST Finance ministers from the 17 European Union countries that use the euro were poised for another marathon negotiating session trying to hammer out a deal late Monday on the next installment of bailout money for struggling Greece.

Cuomo: Sandy cost NY, NYC $42B in damage, loss Posted: 26 Nov 2012 12:20 PM PST Gov. Andrew Cuomo says Superstorm Sandy ran up a $42 billion bill on New York and the state and New York City will make big requests for disaster aid from the federal government.

Report: Obama health law a good deal for states Posted: 26 Nov 2012 12:19 PM PST States will receive more than $9 in federal money for every $1 they spend to cover low-income residents under President Barack Obama's health care law, according to a nonpartisan analysis released Monday.

With fiscal cliff deadline nearing, parties still at odds Posted: 26 Nov 2012 12:19 PM PST WASHINGTON (Reuters) - Republicans in the U.S. Congress on Monday called on President Barack Obama to detail long-term spending cuts to help solve the country's fiscal crisis, while holding firm against the income tax rate increases for the wealthy that Democrats seek. The White House has been equally firm in its position, threatening to veto any bill that does not include the tax rate increases opposed by Republicans. ...

US defends 'enormous' climate efforts at UN talks Posted: 26 Nov 2012 12:19 PM PST Anticipating an onslaught of criticism from poor nations, the United States claimed "enormous" strides in reducing greenhouse emissions at the opening of U.N. climate talks Monday, despite failing to join other industrialized nations in committing to binding cuts.

Big 12 to send 9 teams to postseason Posted: 26 Nov 2012 12:12 PM PST The health of the Big 12 has been a topic of debate since Nebraska and Colorado kicked off a four-team exodus a few years back.

Holmgren leaving Browns uncertain of future Posted: 26 Nov 2012 12:11 PM PST Browns outgoing president Mike Holmgren says he still has not decided if he will coach in the NFL again.

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