US News

VIDEO: POLITICO Playback

POLITICO - Wed, 05/22/2013 - 8:25am
VIDEO: POLITICO Playback


Categories: US News

Immigration reform 'iMarch' launches

POLITICO - Wed, 05/22/2013 - 8:15am
The online forum is the first major effort by Michael Bloomberg and Rupert Murdoch's group.


Categories: US News

Holy hammer! Man finds $100G comic book while remodeling Minnesota home

FOX News - Wed, 05/22/2013 - 8:05am

A home remodeler reportedly made the discovery of a lifetime while gutting a property in Minnesota: A 1938 comic book worth more than $100,000.

The Minneapolis Star Tribune reports that David Gonzalez, 34, made the startling find amid old newspapers used to insulate a wall of a residence he was renovating in Elbow Lake, Minn. The Action Comics No. 1 issue, which features a new character named Superman hoisting a car above his head on its cover, has already attracted 31 bids in an online auction that runs through June 11, including one for $107,333.

"I knew it was worth money," the father of four told the newspaper. "But I had no idea how much."

The rare comic could have been worth even more if a heated argument with one of Gonzalez's relatives never occurred. He grabbed it back from his wife's aunt amid the excitement of the discovery, ripping its back cover. Experts later downgraded the comic book's condition to a 1.5 on a 10-point scale. For comparison, a 9.0-grade Action 1 recently fetched more than $2 million.

"That was a $75,000 tear," Stephen Fishler, co-owner of ComicConnect, a New York City online auction house that is selling Gonzalez's treasure, told the newspaper.

Fishler said the comic book would have been graded a 3.0 without the rip.

Vincent Zurzolo, a co-owner of ComicConnect, an online comic marketplace, said it was "pretty miraculous" that the comic book survived nearly eight decades.

"It's so hard for anyone to fathom that, in this day and age, you could still discover a comic book that nobody has known about because this book was in a wall of a house for more than 70 years," Zurzolo said.

Gonzalez, meanwhile, said he had no hard feelings regarding the damage to his valuable find.

"I am a humble working guy, so I didn't get too excited when I found it with old newspapers stuffed in the walls," he said. "Money won't buy you happiness."

Click for more from the Star Tribune.

Categories: US News

Reports: DOJ seized Rosen's parents' records

POLITICO - Wed, 05/22/2013 - 8:03am
Fox News says it was part of an investigation into the 2009 North Korea intelligence leak.


Categories: US News

Target Cuts Outlook After Weak Quarter

CNBC - Wed, 05/22/2013 - 7:52am
Target cuts its full-year profit forecast while turning in a weak first quarter with disappointing sales.
Categories: US News

SAP Puts Faith in Autistic Tech Specialists

CNBC - Wed, 05/22/2013 - 7:40am
German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists across the world.
Categories: US News

Microsoft Xbox Takes on Apple, Google With TV

CNBC - Wed, 05/22/2013 - 7:37am
Microsoft unveiled its next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
Categories: US News

Rally Has to Stop Sometime. Doesn't It?

CNBC - Wed, 05/22/2013 - 7:34am
Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
Categories: US News

IRS Scandal Official Won't Testify

CNBC - Wed, 05/22/2013 - 7:25am
The IRS official at the center of the political targeting scandal plans to plead the Fifth.
Categories: US News

DOJ on Attkisson: Wasn't us

POLITICO - Wed, 05/22/2013 - 7:20am
Spokesperson says they never sought her devices.


Categories: US News

Palin: 'Will we stand for this?'

POLITICO - Wed, 05/22/2013 - 7:13am
She describes the president as "either a liar or a hugely incompetent CEO."


Categories: US News

Mortgage Applications Tumble Again

CNBC - Wed, 05/22/2013 - 7:06am
Applications for home mortgages dropped last week for a second-straight week, the Mortgage Bankers Association says.
Categories: US News

US Autos Cut Back on Summer Downtime

CNBC - Wed, 05/22/2013 - 7:00am
The Detroit automakers are largely forgoing the traditional two-week summer break and speeding up production to meet buyers' growing demand.
Categories: US News

Merck Inks $5 Billion Deal With Goldman

CNBC - Wed, 05/22/2013 - 6:58am
Merck said it has entered into a $5 billion share repurchase agreement with Goldman Sachs.
Categories: US News

Sweet controversy at Michael Jackson death trial

CNN - Wed, 05/22/2013 - 6:47am
Every issue in the Michael Jackson wrongful death trial is so disputed that even giving candy to jurors caused an argument.
Categories: US News

Killer Tornado: Scenes From Oklahoma

CNBC - Wed, 05/22/2013 - 6:45am
Monster. That's what they're calling the tornado that barreled through Oklahoma. Here are heartbreaking scenes.
Categories: US News

Sterling Slides on Data, IMF Warns UK Over Growth

CNBC - Wed, 05/22/2013 - 6:38am
Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage."
Categories: US News

Lowe's Earnings Fall Short of Estimates

CNBC - Wed, 05/22/2013 - 6:24am
Lowe's reported earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.
Categories: US News

Duracell Breaks New Ground in Wireless Charging

CNBC - Wed, 05/22/2013 - 6:22am
Duracell is making a push in wireless charging, working with partners to try and do for public gadget power what Intel did for public WiFi.
Categories: US News

Bank of Japan Eases Bond Market Concerns

CNBC - Wed, 05/22/2013 - 6:06am
The Bank of Japan ended a two-day meeting on Wednesday with a decision to leave monetary policy unchanged and a promise to monitor volatile bond markets.
Categories: US News