Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Mar
02

Sequester: What Will Happen, What Won't Happen

When it comes to critical elements of the sequester timeline, not much is known -- because federal agencies have been tight lipped.Asked when specific effects will be felt, officials at three federal departments declined to discuss the timing of sequester cuts and their consequences. Some departments were waiting for President Obama's Friday night sequester order and subsequent...
Read More..
Mar
01

Sequester Set to Trigger Billions in Cuts

Nobody likes the sequester.Even the word is enough to send shivers of fiscal panic, or sheer political malaise, down the spines of seasoned politicians and news reporters. And today, the sequester will almost certainly happen, a year and a half after its inception amid the stalemate of the debt-limit crisis in 2011.Automatic budget cuts will be triggered across federal agencies,...
Read More..
Feb
28

Why Should We Care? The Politics of Picking a Pope

Feb 28, 2013 9:34am                              (Image Credit: L’Osservatore Romano/Vatican/Getty Images)ANALYSISVATICAN CITY – In a U.S presidential campaign, the New Hampshire primary is thought of as “retail politics,”...
Read More..
Feb
27

Pope Thanks Crowd in Final Address

On his final full day as the leader of the Roman Catholic Church, Pope Benedict XVI thanked a huge crowd for respecting his historic decision to step down and told them that God will continue to guide the church."The decision I have made, after much prayer, is the fruit of a serene trust in God's will and a deep love of Christ's Church," Benedict said to cheers in his last public...
Read More..
Feb
26

'93 WTC Bombing Crushed Lives, Not Memories

Edward Smith remembers vividly the call from the morgue 20 years ago today, that his pregnant wife had died in the World Trade Center bombing hours before she was supposed to start her maternity leave."It seems like kind of yesterday sometimes," he told ABC News, "but it seems like a long time ago, too."Today marks the 20th anniversary of the 1993 WTC bombing, which was overshadowed...
Read More..
Feb
24

Crash at Daytona Exposes Risks to Fans

The risks of racing extend beyond the drivers.Fans can wind up in the danger zone, too.A horrifying crash on the last lap of a race at Daytona International Speedway injured at least 30 fans Saturday and provided another stark reminder of what can happen when a car going nearly 200 mph is suddenly launched toward the spectator areas.The victims were sprayed with large chunks of...
Read More..
Feb
23

6 Leaking Tanks Are Wash. Nuke Site's Latest Woe

Federal and state officials say six underground tanks holding a brew of radioactive and toxic waste are leaking at the country's most contaminated nuclear site in south-central Washington, raising concerns about delays for emptying the aging tanks.The leaking materials at Hanford Nuclear Reservation pose no immediate risk to public safety or the environment because it would take perhaps...
Read More..
Feb
22

Oscar Pistorius Granted Bail in Murder Case

Oscar Pistorius was granted bail today in a South African court, meaning he can be released from jail for the six to eight months before his trial for the allegedly premeditated killing of his girlfriend Reeva Steenkamp.Magistrate Desmond Nair, in reading his lengthy decision, said, "The issue before me is whether this accused, being who is and the assets he has [here], would...
Read More..
Feb
21

Lead Pistorius Cop Facing Attempted Murder Charge

Hilton Botha, the detective at the center of the Oscar Pistorius murder case, is facing his own attempted murder charges in connection with a 2011 shooting in which he and other police officers allegedly fired a gun at passengers in a vehicle.Botha is scheduled to appear in court in May on seven counts of attempted murder in connection to the October 2011 incident in which he...
Read More..
Feb
20

Pistorius Shots Said to Come From High Angle

At the second day of a bail hearing for Olympian Oscar Pistorius, a South African investigator who arrived at the scene of the Feb. 14 fatal shooting said that Reeva Steenkamp was shot from a high angle, which prosecutors say contradicts the runner's account that he was not wearing his prosthetics when he shot his girlfriend to death.Pistorius, a double-amputee who runs on carbon-fiber...
Read More..
Feb
19

'Blade Runner' Denies Intentionally Killing Girlfriend

Olympian Oscar Pistorius today denied that he willfully killed his girlfriend, telling a South African court that he shot the woman through his bathroom door because he believed she was an intruder.Pistorius, 26 and a double-amputee Olympian, was charged today with premeditated murder, or a Schedule 6 offense, which under South African law limits his chances for parole if convicted.Pistorius,...
Read More..
Feb
18

Country Singer Mindy McCready Dead at 37

Mindy McCready, the country singer who soared to the top of the charts with her debut album, "Ten Thousand Angels," but struggled with substance abuse, served time in jail and fought a lengthy battle with her mother over custody of her son has died of what appears to be a self-inflicted gunshot wound, police said. She was 37.Deputies from the Cleburne County Sheriff's Office were...
Read More..
Feb
17

Gun Ban Would Protect More Than 2,200 Firearms

Congress' latest crack at a new assault weapons ban would protect more than 2,200 specific firearms, including a semi-automatic rifle that is nearly identical to one of the guns used in the bloodiest shootout in FBI history.One model of that firearm, the Ruger .223 caliber Mini-14, is on the proposed list to be banned, while a different model of the same gun is on a list of exempted...
Read More..
Feb
16

Vatican Raises Possibility of Early March Conclave

The Vatican raised the possibility Saturday that the conclave to elect the next pope might start sooner than March 15, the earliest date possible under current rules that require a 15-20 day waiting period after the papacy becomes vacant.Vatican spokesman The Rev. Federico Lombardi said that the Vatican rules on papal succession are open to interpretation and that "this is a question...
Read More..
Feb
15

Falling Meteor Causes Blast, Injures Hundreds

A massive meteor shower slammed into Earth near the Russian city of Chelyabinsk, located about 1,000 miles east of Moscow in the Ural Mountains.Dashboard cameras captured a blinding flash of light streaking across the sky. Moments later, the fragments smashed into the ground. The impact, and the sonic boom of the meteor entering the atmosphere, shattered windows around the city...
Read More..
Feb
14

'Blade Runner' Charged With Murdering Girlfriend

Oscar Pistorius, the Olympic and Paralympic athlete known as the "blade runner," was taken into custody in South Africa today and charged with the murder of his girlfriend, who was fatally shot at his home.Police in the South African capital of Pretoria received a call around 3 a.m. today that there had been a shooting at the home of 26-year-old Pistorius, Lt. Col. Katlego Mogale...
Read More..
Feb
13

Charred Human Remains Found in Burned Cabin

Investigators have located charred human remains in the burned-out cabin where they believe suspected cop killer and ex-LAPD officer Christopher Dorner was holed up as the structure burned to the ground, police said.The human remains were found within the debris of the burned cabin and identification will be attempted through forensic means, the San Bernardino County Sheriff-Coroner...
Read More..
Feb
12

Could an African Cardinal Be the Next Pope?

Feb 12, 2013 9:09am Ghanaian Cardinal Peter Kodwo Appiah Turkson attends a Mass for Pope John Paul II in St. Peter's Basilica at the Vatican, in this April 13, 2005 photo. (Pier Paolo Cito/AP Photo)By BAZI KANANI and PHOEBE NATANSONROME – After Pope Benedict XVI became the first pope in hundreds of years to voluntarily resign, the Roman Catholic Church could be...
Read More..
Feb
11

Vatican Says Pope Benedict Will Resign Feb. 28

Pope Benedict XVI announced today that he will resign Feb. 28, saying his role requires "both strength of mind and body."The pope's decision makes him the first pontiff to resign in nearly 600 years. A conclave to elect a new pope will take place before the end of March. The 85-year-old pope announced the decision to resign in Latin during a meeting of Vatican cardinals.FULL...
Read More..
Feb
10

Paternos Issue Report, Challenge Freeh's Findings

Former FBI director Louis Freeh is standing by his conclusion that former Penn State coach Joe Paterno and three top administrators concealed child sex abuse allegations against Jerry Sandusky.Freeh responded Sunday to a new critique released by Paterno's family that called Freeh's report last July inaccurate and unfounded, resulting in a "rush to injustice." Patrick...
Read More..