| Man pleads guilty to playing key drug site role Posted: 07 Nov 2013 01:06 PM PST BALTIMORE (AP) — A Utah man has pleaded guilty to a drug conspiracy charge for his role in an online black market known as the Silk Road that authorities say brokered more than $1 billion in transactions. |
| TWITTER IPO LIVE: Twitter soars on first trade day Posted: 07 Nov 2013 01:05 PM PST NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year.
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| Fla. Supreme Court settles lesbian custody battle Posted: 07 Nov 2013 01:04 PM PST TALLAHASSEE, Fla. (AP) — The Florida Supreme Court ruled Thursday that a woman who donated an egg to her lesbian partner has parental rights to the child and is ordering a lower court to work out custody, child support and visitation arrangements. |
| Budget office: Shutdown cost 6.6 million work days Posted: 07 Nov 2013 01:04 PM PST WASHINGTON (AP) — Furloughing federal workers in last month's partial federal shutdown cost the government 6.6 million work days, according to a White House budget office report Thursday. |
| Philippines faces strongest typhoon of the year Posted: 07 Nov 2013 01:04 PM PST MANILA, Philippines (AP) — The strongest typhoon in the world this year bore down on the Philippines, sending thousands fleeing villages Thursday.
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| TWITTER IPO LIVE: Analyst says time to cash in Posted: 07 Nov 2013 12:56 PM PST NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year. At least one analyst believes it's time to cash in.
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| Gov't oversight of bus, truck industries faulted Posted: 07 Nov 2013 12:55 PM PST WASHINGTON (AP) — Federal accident investigators called on Thursday for a probe of the government agency charged with ensuring the safety of commercial vehicles, saying their own look into four tour bus and truck crashes that killed 25 people raises "serious questions" about how well the agency is doing its job.
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| Cancelled policies could be a plus for new markets Posted: 07 Nov 2013 12:52 PM PST WASHINGTON (AP) — Insurance cancellations are fueling a political backlash against President Barack Obama and Democrats supporting his health care overhaul, but they may be a silver lining for the law itself.
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| Cubs name Renteria manager Posted: 07 Nov 2013 12:49 PM PST The Chicago Cubs named Rick Renteria their new manager on Thursday, giving the former Padres bench coach his first Major League managerial job. He becomes the Cubs' third manager since Lou Piniella retired late in the 2010 season, following brief stints by Mike Quade and Dale Sveum. Renteria, 51, spent the past six seasons as a member of the San Diego Padres' coaching staff.
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| Chess, rubber duck inducted into Toy Hall of Fame Posted: 07 Nov 2013 12:48 PM PST ROCHESTER, N.Y. (AP) — The rubber duck squeaked out a win for a place in the National Toy Hall of Fame, joining the ancient game of chess in the 2013 class inducted Thursday. |
| Senate passes bill to ban discrimination against gay workers Posted: 07 Nov 2013 12:47 PM PST By Thomas Ferraro WASHINGTON (Reuters) - The Democratic-led Senate, reflecting a major shift in the past decade in public support for gay rights, passed a bipartisan bill on Thursday to outlaw discrimination against gay workers, but the measure faces an uphill struggle in the Republican-led House of Representatives. The bill cleared the Senate 64-32, with 10 Republicans joining 52 Democrats and two independents in voting "yes." The Employment Non-Discrimination Act of 2013 has become the latest battleground in an ideological fight within the Republican Party. An increasing number of Republicans support gay rights, but conservative groups threaten to challenge many of those who support the White House-backed bill. Unlike a decade ago, when gay rights was a "wedge-issue" used to rally conservative voters, most Americans, including most Republicans, now support gay rights, polls show.
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| Most booster seats do well in new safety rankings Posted: 07 Nov 2013 12:47 PM PST DETROIT (AP) — More than half of child booster seats that went on sale this year earned a top rating from the Insurance Institute for Highway Safety. |
| Report: IRS refunded $4B to identity thieves Posted: 07 Nov 2013 12:42 PM PST WASHINGTON (AP) — The Internal Revenue Service issued $4 billion in fraudulent tax refunds last year to people using stolen identities, with some of the money going to addresses in Bulgaria, Lithuania and Ireland, according to an inspector general's report released Thursday. |
| Comic character Ms. Marvel is now Muslim teen Posted: 07 Nov 2013 12:40 PM PST Marvel -- the US comic book giant behind Spiderman, The Hulk, Captain America and many others-- is bringing back Ms Marvel, but this time, she is a Pakistani-American Muslim teen from New Jersey. The new monthly comic, which will debut in February, will give the classic character a new alter ego: Kamala Khan, Marvel said in a press release. Kamala is "just a 16-year-old girl, exploring the many facets of her identity when she is suddenly bestowed with super-human powers that send her on the adventure of a lifetime," says Marvel Comics editor-in-chief Axel Alonso. The lead writer will be G. Willow Wilson, an American woman who converted to Islam and who has already authored several comic books as well as articles on modern religion.
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| TWITTER IPO LIVE: 1 co-founder missing in debut Posted: 07 Nov 2013 12:40 PM PST NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year. Most of the co-founders were in New York for the celebration. One was missing.
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| #TwitterIPO a huge hit on Wall Street Posted: 07 Nov 2013 12:40 PM PST New York (United States) (AFP) - Twitter debuted on Wall Street with a bang Thursday as shares in the fast-growing social network soared amid investor frenzy over the most-anticipated listing since Facebook. At 1900 GMT, Twitter was still up 80 percent at $46.87, from the initial public offering (IPO) price of $26 per share set on Wednesday. While some analysts cautioned about the fast-changing nature of social media, the debut led to a stampede for Twitter, known for its one-to-many messages of up to 140 characters. The key Twitter founders attended the opening on the New York Stock Exchange, along with "Star Trek" actor Patrick Stewart and a nine-year-old girl who operates a lemonade stand.
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| Last-gasp Kuban deny Swansea as Valencia qualify Posted: 07 Nov 2013 12:36 PM PST English Premier League outfit Swansea blew a victory against Kuban Krasnodar for the second time in two weeks when they conceded a last-gasp equaliser in the Europa League on Thursday. But there was better news for Valencia for whom Sergio Canales's goal five minutes from time gave them a 3-2 victory at St Gallen and put them into the last 32 from Group A Swansea need only avoid defeat when they play St Gallen in their final game or beat Valencia at home in their next to ensure their passage to the knock-out stages. But despite playing the last quarter of an hour with 10-men following defender Xandao's red card at the Kuban Stadium, the Russians netted two minutes into injury time through Ibrahima Balde to earn a 1-1 draw.
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| No more trans fat: FDA banning the artery-clogger Posted: 07 Nov 2013 12:35 PM PST WASHINGTON (AP) — Heart-clogging trans fats were once a staple of the American diet, plentiful in baked goods, microwave popcorn and fried foods. Now, mindful of the health risks, the Food and Drug Administration is getting rid of what's left of them for good.
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| Cameron to demand Sri Lanka war crimes investigation Posted: 07 Nov 2013 12:34 PM PST By Peter Griffiths LONDON (Reuters) - British Prime Minister David Cameron said on Thursday he will demand that Sri Lanka investigates allegations of war crimes and human rights abuses when he visits the country for a meeting of Commonwealth leaders next week. Cameron said he wanted to "shine the international spotlight on the lack of progress" in the Indian Ocean island since the end of a long civil war in 2009. "I will demand that the Sri Lankan government independently and transparently investigates alleged war crimes and allegations of continuing human rights abuses," Cameron wrote in an article for a London-based Tamil newspaper. Human rights groups have urged leaders to boycott the November 15-17 meeting to put pressure on the Sri Lankan President Mahinda Rajapaksa.
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| TWITTER IPO LIVE: CEO speaks to CNBC on growth Posted: 07 Nov 2013 12:33 PM PST NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year.
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| Twitter surges in opening trade on NYSE Posted: 07 Nov 2013 12:33 PM PST NEW YORK (AP) — Shares of Twitter went on sale to the public for the first time Thursday, instantly leaping more than 70 percent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes for the most anticipated initial public offering since Facebook last year.
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| US documents raise questions on Munich art hoard Posted: 07 Nov 2013 12:33 PM PST BERLIN (AP) — U.S. military documents are deepening the mystery surrounding the more than 1,400 artworks found in a Munich apartment.
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| US shows solid Q3 growth, but spending weakens Posted: 07 Nov 2013 12:31 PM PST WASHINGTON (AP) — The U.S. economy showed surprising growth from July through September just before the government's partial shutdown.
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| Johnston files petition for custody Posted: 07 Nov 2013 12:30 PM PST JUNEAU, Alaska (AP) — The father of Bristol Palin's son is seeking at least equal custody. |
| Olympic torch blasts into space for 1st spacewalk Posted: 07 Nov 2013 12:30 PM PST MOSCOW (AP) — A Russian rocket soared into the cosmos Thursday carrying the Sochi Olympic torch and three astronauts to the International Space Station ahead of the first-ever spacewalk for the symbol of peace.
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| Cuba hijacker makes 1st US court appearance Posted: 07 Nov 2013 12:30 PM PST MIAMI (AP) — After raising a shackled right hand and swearing to tell the truth, U.S.-to-Cuba airline hijacker William Potts told a judge Thursday he had an objection at his first federal court appearance to face decades-old air piracy charges.
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| Americans cut back on credit card use in September Posted: 07 Nov 2013 12:26 PM PST WASHINGTON (AP) — Americans cut back on using their credit cards in September for the fourth straight month but boosted borrowing in the category that covers auto loans and student debt.
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| UK spy chiefs emerge from shadows to blast Edward Snowden Posted: 07 Nov 2013 12:26 PM PST By Andrew Osborn LONDON (Reuters) - Britain's intelligence chiefs used their first ever joint public appearance to complain that documents leaked by former U.S. intelligence operative Edward Snowden had put secret operations at risk and were being "lapped up" by al Qaeda. In an unprecedented evidence session before parliamentarians that local media likened to a scene from a James Bond film, the heads of Britain's three main intelligence agencies said Snowden's disclosures about mass surveillance had prompted them to consider being more open about what they do. But they said parts of their work had to remain secret for national security reasons and that the data leaks, which detailed Britain's close cooperation with the U.S. National Security Agency (NSA), had caused huge damage. "They've put our operations at risk," John Sawers, the head of MI6, Britain's foreign intelligence service, told a parliamentary committee.
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| Canceled policies could be a plus for new markets Posted: 07 Nov 2013 12:24 PM PST WASHINGTON (AP) — Insurance cancellations are fueling a political backlash against President Barack Obama and Democrats supporting his health care overhaul. |
| Iran, six powers making progress in 'tough' nuclear negotiations Posted: 07 Nov 2013 12:24 PM PST By Louis Charbonneau and Yeganeh Torbati GENEVA (Reuters) - Iran and six world powers appeared to be edging towards a deal on its disputed nuclear activity on Thursday, citing progress in negotiations building on a diplomatic opening from Tehran, although it cautioned that the discussions were "tough". The United States said the powers would consider relaxing some sanctions against Iran if it takes verifiable steps to limit a nuclear program, a long elusive compromise that could reduce the risk of another Middle East war. Lending urgency to the need for a breakthrough soon, a U.S. Senate committee said it would pursue a package of tough new sanctions on Iran after the current Geneva talks end on Friday. President Barack Obama has been pushing Congress to hold off on more sanctions against Iran, demanded by its arch-enemy Israel, to avoid undermining the diplomacy aimed at defusing fears of an Iranian advance towards nuclear arms capability. |
| ECB rate cut helps, won't transform economy Posted: 07 Nov 2013 12:23 PM PST FRANKFURT, Germany (AP) — The European Central Bank sent a message Thursday with a surprise cut in its benchmark interest rate: It's prepared to do more to fortify the euro alliance's economy.
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| Twitter shares nearly double in frenzied NYSE debut Posted: 07 Nov 2013 12:22 PM PST By Olivia Oran and Gerry Shih NEW YORK/SAN FRANCISCO (Reuters) - Twitter Inc shares soared as much as 92 percent on their first day of trading on the New York Stock Exchange, an extraordinary debut that drove the seven-year-old company's value to more than $25 billion and evoked comparisons to the dot-com bubble of the late 1990s. The shares were trading at about 22 times forecast 2014 sales, nearly double the multiple at social media rivals Facebook Inc and LinkedIn Corp, even though Twitter is far from turning a profit and posted a loss of almost $70 million for its most recent quarter. Yet fans believe that Twitter, which has 230 million users globally, has established itself as an indispensable Internet utility, alongside Google Inc and Facebook, and that it has only scratched the surface of its potential as a global advertising medium. "When people use Twitter they are following certain people, they're searching for specific information," said Mark Mahaney, an analyst at RBC Capital Markets.
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| Arafat's mysterious death becomes a whodunit Posted: 07 Nov 2013 12:20 PM PST RAMALLAH, West Bank (AP) — Yasser Arafat's mysterious 2004 death turned into a whodunit Thursday after Swiss scientists who examined his remains said the Palestinian leader was probably poisoned with radioactive polonium.
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| Astronauts take Sochi Olympic torch to space station Posted: 07 Nov 2013 12:17 PM PST An international trio of astronauts arrived Thursday at the International Space Station with an unlit Olympic torch that will for the first time be taken on a spacewalk to mark the Sochi Winter Games. The crew blasted off Thursday morning from Russia's Baikonur cosmodrome in Kazakhstan in a Soyuz-TMA capsule powered by a Soyuz-FG rocket, both emblazoned with symbols of the Sochi games as well as the Olympic rings. NASA astronaut Rick Mastracchio, Russia's Mikhail Tyurin and Japan's Koichi Wakata shared the capsule with the same torch that Russia will use to light the cauldron at its first post-Soviet Olympic Games in Sochi next year.
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| Six-tailed asteroid stuns scientists Posted: 07 Nov 2013 12:14 PM PST A strange asteroid that appears to have multiple rotating tails has been spotted with NASA's Hubble telescope between Mars and Jupiter, astronomers said Thursday. Instead of appearing as a small point of light, like most asteroids, this one has half a dozen comet-like dust tails radiating out like spokes on a wheel, said the report in Astrophysical Journal Letters. "It's hard to believe we're looking at an asteroid," said lead investigator David Jewitt, a professor in the University of California Los Angeles Department of Earth and Space Sciences. Its multiple tails were discovered in images taken by NASA's Hubble Space Telescope on September 10, 2013, after first being spotted with a telescope in Hawaii.
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| Guarded hopes for deal at Iran nuclear talks Posted: 07 Nov 2013 12:11 PM PST Negotiators from Iran and six world powers met Thursday to broker a deal that could see Tehran freeze its disputed nuclear programme in exchange for some relief from sanctions. Officials have said that a long-awaited agreement on curbing Iran's nuclear ambitions may be finally within reach, after years of fruitless talks were given fresh momentum by the election of Iran's new President Hassan Rouhani, seen as a relative moderate. In their second meeting in Geneva in less than a month, negotiators from the United States and five other global powers sat down with Iranian officials for two days of talks aimed at hammering out an agreement. Iranian Foreign Minister Mohammad Javad Zarif said it was possible a deal could be reached "before we close these negotiations" on Friday.
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| US Senate passes landmark gay rights bill Posted: 07 Nov 2013 12:07 PM PST Washington (AFP) - The US Senate passed a historic gay rights bill Thursday that would prohibit companies from hiring and firing based on an employee's sexual orientation or gender identity.
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| TWITTER IPO LIVE: Contrasts near Twitter HQ Posted: 07 Nov 2013 12:07 PM PST NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook's last year. That doesn't mean the people in the neighborhood near Twitter's headquarters are doing well.
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| Prosecutors seek 2 life sentences for Bulger Posted: 07 Nov 2013 12:04 PM PST BOSTON (AP) — James "Whitey" Bulger "deserves no mercy" and should be sentenced to two consecutive life prison terms, plus five years, for a string of murders and extortions, federal prosecutors told a judge in court papers filed Thursday.
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| Teen's rape galvanizes support in Kenya Posted: 07 Nov 2013 12:04 PM PST TINGOLO, Kenya (AP) — A wave of outrage has grown in Kenya since word has spread that a 16-year-old girl was gang raped and thrown into a pit latrine in this western Kenyan town, with the alleged attackers told to cut grass at a police post, and then let go.
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