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Monday, August 19, 2013

Fed says big banks must improve financial cushions

Fed says big banks must improve financial cushions


Fed says big banks must improve financial cushions

Posted: 19 Aug 2013 01:15 PM PDT

WASHINGTON (AP) — The Federal Reserve says the nation's largest banks need to do a better job of determining how much capital they need to cushion against a future crisis.

Afghan officials say 32 dead in clashes in west

Posted: 19 Aug 2013 01:15 PM PDT

Members of the Honor Guard stand at attention during Independence Day celebrations at a Defense minister office in Kabul, Afghanistan, Monday, Aug 19, 2013. Afghan officials' mark the country's 94th independence day from Britain with a small military parade and folk festivals in the capital. (AP Photo/Rahmat Gul)KABUL, Afghanistan (AP) — Battles between the Taliban and an Afghan security company left 32 people dead over the weekend, officials said Monday, as the country marked its 94th independence day from Britain with a small military parade and folk festivals in the capital.


Egypt's Mubarak may be freed; U.S. warns on Brotherhood

Posted: 19 Aug 2013 01:15 PM PDT

File picture shows Egypt's ousted President Mubarak sitting inside a dock at the police academy on the outskirts of CairoBy Alistair Lyon and Asma Alsharif CAIRO (Reuters) - Egypt's former leader Hosni Mubarak could soon be freed from jail, giving a new jolt to a nation in turmoil, after a court ruled on Monday that he could no longer be held in custody on a corruption charge. His lawyer said he could be bailed within days, six weeks after the armed forces Mubarak once commanded deposed his elected Islamist successor to spark the bloodiest internal conflict in the modern history of the most populous Arab state. The army detained President Mohamed Mursi on July 3 after huge protests against him. ...


Hagel says he will visit China next year

Posted: 19 Aug 2013 01:14 PM PDT

FILE - In this July 31, 2013 file photo, U.S. Defense Secretary Chuck Hagel speaks at a Pentagon news conference in Washington. Hagel will meet for the first time with China's Minister of National Defense Gen. Chang Wanquan at the Pentagon on Monday, Aug. 19. Hagel is presiding over a Pentagon making a deliberate "pivot" to Asia after more than a decade of wars in the greater Middle East, and improving ties with China is at the heart of the Obama administration's Asia strategy. (AP Photo/Evan Vucci, File)WASHINGTON (AP) — Defense Secretary Chuck Hagel announced Monday that he will visit China next year to capitalize on an improving trend in U.S.-China relations, even as Beijing casts a wary eye on the Pentagon's strategic "pivot" to Asia and the Pacific.


Mexico heads back to school with flawed textbooks

Posted: 19 Aug 2013 01:13 PM PDT

Diego Angel is consoled by his mother Dulce Castro, right, and grandmother Margarita as he is escorted to the first day of classes in Mexico City, Monday, Aug. 19, 2013. Mexican children returned to classrooms Monday, and they were getting a quick lesson: Not just school kids make mistakes. Their brand new textbooks have the kinds of errors that they are supposed to be learning not to make: words written with a "c'' instead of an "s," too many commas, not enough accents and at least one city located in the wrong state. (AP Photo/Ivan Pierre Aguirre)MEXICO CITY (AP) — As Mexican children trooped back to school on Monday, they had already learned one lesson: You can't believe everything you read in your textbook.


Agents defend 9/11 questioning at Guantanamo

Posted: 19 Aug 2013 01:11 PM PDT

In this Sept. 17, 2007 photo released on Aug. 13, 2013 by defense lawyer U.S. Air Force Lt. Col. Barry Wingard, detainee Faez al-Kandari, 36, is shown in Guantanamo Bay U.S. Naval Base. Faez al-Kandari is a Kuwaiti who has been held for more than 11 years at the Guantanamo Bay prison. The Pentagon says the roughly 50 men in the indefinite detention category are held under international laws of war until the GUANTANAMO BAY NAVAL BASE, Cuba (AP) — Two U.S. federal agents on Monday defended their interrogation of a Guantanamo Bay prisoner accused of providing assistance to the Sept. 11 hijackers as a pretrial hearing resumed in the slowly unfolding war crimes proceedings for the five men charged in the attacks.


SEC, Falcone reach new settlement deal after first rejection

Posted: 19 Aug 2013 01:10 PM PDT

Falcone, CEO and chief investment officer for Harbinger Capital Partners, participates in a panel discussion during the Skybridge Alternatives Conference in Las VegasNEW YORK (Reuters) - Billionaire fund manager Philip Faclone agreed to a five-year ban from the financial industry and will admit wrongdoing to settle charges by the U.S. Securities and Exchange Commission that he improperly used money from his hedge fund and unfairly favored some of his investors, the SEC announced on Monday. The new settlement agreement between Falcone and his hedge fund, Harbinger Capital, and the SEC comes after the Commission rejected an earlier proposal because it was too lenient. As part of the agreement, Falcone will have to personally pay around $11. ...


Courts to cut pay for federal defenders

Posted: 19 Aug 2013 01:09 PM PDT

WASHINGTON (AP) — The federal courts say that private lawyers paid to act as federal public defenders will have their salaries slashed as part of an attempt to survive government cost-cutting measures.

Snowden reporter: Won't be silenced by detention

Posted: 19 Aug 2013 01:06 PM PDT

U.S. journalist Greenwald walks with his partner Miranda in Rio de Janeiro's International AirportRIO DE JANEIRO (AP) — An American journalist who has written stories based on documents leaked by former National Security Agency contractor Edward Snowden said Monday he'll publish with more fervor after British authorities detained his partner.


Judge bars most motive evidence in Fort Hood trial

Posted: 19 Aug 2013 01:05 PM PDT

FILE- In this Aug. 6, 2013, file courtroom sketch, Maj. Nidal Malik Hasan sits in court for his court-martial in Fort Hood, Texas. The prosecutors pursuing the death penalty against the Army psychiatrist accused in the 2009 Fort Hood shooting rampage will soon begin trying to answer a difficult but key question_ determining why Hasan attacked his fellow soldiers in the worst mass shooting ever on a U.S. military base. (AP Photo/Brigitte Woosley, File)FORT HOOD, Texas (AP) — A military judge blocked several key pieces of evidence Monday that prosecutors said would explain the mindset of the soldier accused in the 2009 shooting rampage at Fort Hood, including his belief that he had a "jihad duty" to carry out the attack.


Egypt: Court raises possibility of a free Mubarak

Posted: 19 Aug 2013 01:02 PM PDT

FILE -- In this Saturday, April 13, 2013 file photo, former Egyptian President Hosni Mubarak waves to his supporters from behind bars as he attends a hearing in his retrial on appeal in Cairo, Egypt. Egyptian judiciary officials say former President Hosni Mubarak could be freed from custody this week. They say a court on Monday, Aug. 19, 2013 ordered his release in a corruption case that alleged he and his two sons embezzled funds for presidential palaces. (AP Photo, File)CAIRO (AP) — Jailed ex-Egyptian President Hosni Mubarak could be released later this week, judicial officials said Monday, a move that would fuel the unrest roiling the country after the autocratic leader's successor was removed in a military coup.


Benghazi aftershocks affecting US policy in Egypt

Posted: 19 Aug 2013 01:01 PM PDT

WASHINGTON (AP) — The specter of Benghazi is affecting U.S. policy in coup-wracked Egypt.

Widow who lost $280k home over $6 gets hearing

Posted: 19 Aug 2013 12:59 PM PDT

HARRISBURG, Pa. (AP) — A western Pennsylvania woman whose $280,000 home was sold at auction over $6.30 in unpaid interest won a court decision Monday allowing her a fresh opportunity to argue she should not lose her home.

Folk concert to be held for Coens' 'Llewyn Davis'

Posted: 19 Aug 2013 12:57 PM PDT

FILE - This May 19, 2013 file photo shows directors Ethan Coen, left, and Joel Coen during a photo call for the film Inside Llewyn Davis at the 66th international film festival, in Cannes, southern France. The Coen brothers and T Bone Burnett will celebrate the folk music of their 1960s Greenwich Village comic drama NEW YORK (AP) — The Coen brothers and T Bone Burnett will celebrate the folk music of their 1960s Greenwich Village comic drama "Inside Llewyn Davis" with a concert in New York.


Capital murder trial begins for Arizona fugitive

Posted: 19 Aug 2013 12:56 PM PDT

ALBUQUERQUE, N.M. (AP) — John McCluskey was arrested wearing one of the victims' caps. But his defense attorney Monday said prosecutors will be unable to prove that the escaped Arizona prison inmate shot and then incinerated a retired Oklahoma couple after they crossed paths with a trio of criminals at a highway rest area.

Author-critic Albert Murray dead at 97

Posted: 19 Aug 2013 12:56 PM PDT

NEW YORK (AP) — Albert Murray, the influential novelist and critic who celebrated black culture, scorned black separatism and was once praised by Duke Ellington as the "unsquarest man I know," died Sunday. He was 97.

Palestinian finds Facebook bug, hacks CEO's page

Posted: 19 Aug 2013 12:55 PM PDT

Palestinan Khalel Shreateh sits in front of his his computer at his home in the West Bank town of Yatta south of Hebron, Monday, Aug. 19, 2013. After discovering a privacy bug on Facebook, unemployed Palestinian programmer Khalil Shreateh said he just wanted to collect the traditional $500 bounty the social network giant offers to those who voluntarily expose its glitches. But when Facebook ignored his first two reports, Shreateh took his message to the top and hacked into CEO Mark Zuckerberg's personal page to prove his point. (AP Photo/Nasser Shiyoukhi)YATTA, West Bank (AP) — After discovering a privacy bug on Facebook, unemployed Palestinian programmer Khalil Shreateh said he just wanted to collect the traditional $500 bounty the social network giant offers to those who voluntarily expose its glitches.


California city becomes rarity: a 2 newspaper town

Posted: 19 Aug 2013 12:55 PM PDT

This Aug. 15, 2013, photo shows new, empty news stands ready to hold copies of the Long Beach Register on Ocean Boulevard in Long Beach, Calif. Published by the Orange County Register, the Long Beach Register makes its five-day-a-week debut Monday, Aug. 19. It's the first expansion of the Register outside of Orange County under new owners Aaron Kushner and Eric Spitz, who bought the newspaper's parent company, Freedom Communications Inc., last year. The Long Beach Register will have a newsroom staff of 20 and compete with the established newspaper in town, the Long Beach Press-Telegram. (AP Photo/Reed Saxon)LONG BEACH, Calif. (AP) — The latest experiment in American journalism is a throwback: a new daily newspaper to compete against an established one in a big city.


Palestinian shepherd says settlers beat him

Posted: 19 Aug 2013 12:53 PM PDT

Injured Palestinian shepherd Najeh Abu Ali, 47 receives medical treatment at the main hospital in the West Bank town of Ramallah, Monday, Aug. 19, 2013. The Palestinian shepherd says he was hit in the head and hands by men wielding metal pipes in the vicinity of West Bank Jewish settlers' outposts. (AP Photo/Nasser Nasser)MIKHMAS, West Bank (AP) — Shepherds from this Palestinian village say they think twice before taking their herds to graze near Jewish settlement outposts in the area, fearing attacks by militant settlers.


Prosecutor asks judge to give Manning 60 year

Posted: 19 Aug 2013 12:48 PM PDT

FORT MEADE, Md. (AP) — Army Pfc. Bradley Manning should spend 60 years in prison because he betrayed the U.S. by giving classified material to WikiLeaks, a prosecutor said Monday.

Idaho wildfire rages into 12th day near Sun Valley ski resort

Posted: 19 Aug 2013 12:47 PM PDT

People look at a map of the fire as flames leap at the Beaver Creek wildfire outside HaileyBy Laura Zuckerman SALMON, Idaho (Reuters) - Firefighters, aided by subdued winds, pressed their tactical advantage for the second day of a major air and ground offensive against an Idaho wildfire that has forced the evacuation of more than 2,000 homes near the world-class ski resort of Sun Valley. Part of the firefighting assault on Monday, day 12 of the so-called Beaver Creek blaze in central Idaho, focused on the famed ski slopes of Bald Mountain, where snow-making water cannons have been saturating the hills. ...


Police detain protesters at anti-fracking demo

Posted: 19 Aug 2013 12:45 PM PDT

Demonstrators lock themselves together during a protest outside a drill site run by Cuadrilla Resources, near Balcombe in southern EnglandBy Sarah Young BALCOMBE (Reuters) - British police dispersed hundreds of protesters who blocked access to an oil exploration site in rural England on Monday in an intensification of an almost month-long standoff over the nascent shale gas extraction industry. A total of 36 people were detained, both in the village of Balcome and in London, in the first of two days of "direct action" against the drilling process known as fracking, which protesters fear may trigger small earthquakes and pollute water supplies. ...


Pa. widow who lost $280k home over $6 gets hearing

Posted: 19 Aug 2013 12:45 PM PDT

HARRISBURG, Pa. (AP) — A western Pennsylvania woman is getting another chance to keep her $280,000 home after it was auctioned over $6.30 in interest owed to the local tax collection authority.

CEO Gary Knell leaving NPR after less than 2 years

Posted: 19 Aug 2013 12:41 PM PDT

WASHINGTON (AP) — The president and CEO of NPR is stepping down after less than two years to take a similar position at the National Geographic Society, the public radio organization's board of directors announced Monday.

Kidnap suspect leaves money to victim's family

Posted: 19 Aug 2013 12:40 PM PDT

FILE - In this Thursday, Aug. 15, 2013 file photo, Hannah Anderson arrives at the Boll Weevil restaurant for a fundraiser in her honor to raise money for her family, in Lakeside, Calif. Five days earlier, FBI agents killed longtime family friend James DiMaggio who's suspected of torturing and killing Anderson's mother and brother and escaping with her to the Idaho wilderness. Investigators who searched DiMaggio's home found letters from Hannah, an incendiary device, a handcuff box and "arson wire," according to one warrant, which does not elaborate on the content of letters or nature of the devices. (AP Photo/U-T San Diego, Howard Lipin, File)SAN DIEGO (AP) — A spokesman for the family of a California man who abducted a 16-year-old girl and killed her mother and young brother says a member of the family is the beneficiary of his life insurance.


Pakistan PM calls for peace talks with militants

Posted: 19 Aug 2013 12:40 PM PDT

People watch Prime Minister of Pakistan Nawaz Sharif addressing the nation, at an electronic shop in Karachi, Pakistan, Monday, Aug. 19, 2013. Sharif has reiterated his offer to talk with militants who have so far rejected the prospect of negotiations. But he also held open the possibility of new military operations against militants who have waged a campaign of bombings and shootings that have killed thousands of civilians and security personnel. (AP Photo/Fareed Khan)ISLAMABAD (AP) — Pakistan's prime minister reiterated Monday an offer of peace talks with militants in the country's northwest who have waged a bloody campaign against the government and so far rejected any talk of negotiations.


The Calling's singer says was attacked in Michigan

Posted: 19 Aug 2013 12:34 PM PDT

FILE - This Dec. 5, 2009 file photo shows musician Alex Band at KIIS FM's Jingle Ball 2009 in Los Angeles. Band, a member of the rock band The Calling, reports being abducted and robbed after performing at a festival. The group tells The Associated Press that Alex Band was outside a store early Sunday when he was attacked. The group had performed in Lapeer, 45 miles north-northwest of Detroit. The Los Angeles-based group had the 2001 hit song LAPEER, Mich. (AP) — The lead singer of rock group The Calling was abducted, beaten and robbed after performing at a Michigan festival, the band said Monday.


Actor Lee Thompson Young found dead at age 29

Posted: 19 Aug 2013 12:32 PM PDT

This publicity photo released by TNT shows Lee Thompson Young as Detective Barry Frost in "All For One" episode 407 in the TV series, "Rizzoli & Isles." Los Angeles police say actor Lee Thompson Young was found dead Monday morning, Aug. 19, 2013. He was 29. (AP Photo/TNT, Eddy Chen)LOS ANGELES (AP) — Lee Thompson Young, who began his acting career as the star of the Disney Channel's "The Famous Jett Jackson" and was featured in the film "Friday Night Lights" and the series "Rizzoli & Isles," was found dead Monday, police said. He was 29.


Tea party favorite Cruz releases birth certificate

Posted: 19 Aug 2013 12:22 PM PDT

AUSTIN, Texas (AP) — U.S. Sen. Ted Cruz has released his birth certificate amid concerns that his being born in Canada could derail a possible presidential run.

Ecuador leader may insist on digital-only dailies

Posted: 19 Aug 2013 12:22 PM PDT

QUITO, Ecuador (AP) — Ecuador's combative president is threatening to try to force the country's newspapers go all-digital as a way to save paper.

Chris Brown concerts cancelled in Canada

Posted: 19 Aug 2013 12:20 PM PDT

TORONTO (AP) — The promoter of four Chris Brown concerts in Canada scheduled this summer says the events have been canceled.

Oil falls near $107 a barrel; pump price steady

Posted: 19 Aug 2013 12:20 PM PDT

NEW YORK (AP) — The price of oil fell for the first time in more than a week Monday, slipping near $107 a barrel.

A-Rod declines MLB challenge to release evidence

Posted: 19 Aug 2013 12:17 PM PDT

Fans react as New York Yankees' Alex Rodriguez (13) heads to the dug out after hitting a solo home run in the sixth inning of a baseball game against the Boston Red Sox, Sunday, Aug. 18, 2013, in Boston. (AP Photo/Michael Dwyer)NEW YORK (AP) — A lawyer for Alex Rodriguez has declined Major League Baseball's challenge to make public evidence that led to the 211-game suspension of the New York Yankees star.


Stocks move lower, despite strength in tech

Posted: 19 Aug 2013 12:14 PM PDT

In this Friday, Aug. 16, 2013 photo, specialist Jason Notter, left, and trader Edward Curran work on the floor of the New York Stock Exchange. Stock futures are almost at a standstill, Monday, Aug. 19, 2013, as markets await any hint of changes in Fed thinking within the minutes from its July economic policy meeting later this week. (AP Photo/Richard Drew)NEW YORK (AP) — The stock market moved toward a fourth day of declines Monday as worries about the recent rise in bond yields outweighed strength in the technology sector. Banking stocks also dragged down the broader market.


Defense suggests no more than 25 years for Manning

Posted: 19 Aug 2013 12:11 PM PDT

FORT MEADE, Md. (AP) — Pfc. Bradley Manning's lawyers are asking a military judge to balance rehabilitation and punishment before sentencing the soldier for giving classified information to WikiLeaks.

'Star Trek' actor to lead Cincinnati chicken dance

Posted: 19 Aug 2013 12:11 PM PDT

FILE - This May 23, 2013 file photo shows actor George Takei gesturing with a hand greeting made popular by the TV series "Star Trek" at the Marina Bay Sands hotel in Singapore for the inaugural Social Star Awards. Takei will serve as grand marshal of Cincinnati's annual Oktoberfest-Zinzinnati. The 76-year-old actor will lead the chicken dance Sept. 21. (AP Photo/Wong Maye-E, File)CINCINNATI (AP) — "Star Trek" actor George Takei (ta-KAY') will get a chance to show off some special dance moves as he leads a mass chicken dance at an annual Cincinnati festival.


Thousands of Syrians flee to Iraq; crisis feared

Posted: 19 Aug 2013 12:09 PM PDT

In this photo provided by UNHCR officials and taken on Thursday, Aug. 15, 2013. Syrian refugees cross the border toward Iraq at Peshkhabour border point at Dahuk, 260 miles (430 kilometers) northwest of Baghdad, Iraq. The UN High Commissioner for Refugees (UNHCR) has set up an emergency transit camp in Irbil, where around 2,000 refugees are camping out and UNHCR officials say some thousands of refugees have been streaming into northern Iraq, many coming across a newly-constructed pontoon bridge over the Tigris River at Peshkhabour. (AP Photo/HO)BAGHDAD (AP) — Tens of thousands of Syrian Kurds swarmed across a bridge into neighboring Iraq's northern self-ruled Kurdish region over the past few days in one of the biggest waves of refugees since the rebellion against President Bashar Assad began, U.N. officials said Monday.


A look at the Pistorius case after his indictment

Posted: 19 Aug 2013 11:59 AM PDT

Double-amputee Olympian Oscar Pistorius, left, talks with his lawyer, Kenny Oldwage, right, at the magistrates court in Pretoria, South Africa, Monday, Aug. 19, 2013. Pistorius was indicted Monday on charges of murder and illegal possession of ammunition for the shooting death of the double-amputee Olympian's girlfriend on Valentine's Day.(AP Photo/Themba Hadebe)PRETORIA, South Africa (AP) — A look at the Oscar Pistorius case after the double-amputee Olympian was indicted on a charge of premeditated murder Monday in girlfriend Reeva Steenkamp's killing:


Lawsuit details Braun's efforts to fight drug test

Posted: 19 Aug 2013 11:52 AM PDT

MILWAUKEE (AP) — A former college classmate sued Ryan Braun, saying the Brewers slugger sought his help in fighting a failed drug test, balked on paying him and then disparaged him when asked why their friendship soured.

Nigeria military: Extremist leader may be dead

Posted: 19 Aug 2013 11:48 AM PDT

MAIDUGURI, Nigeria (AP) — Nigeria's military says the leader of an Islamic uprising in the northeast "might have died" of a gunshot wound.

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