Feed aggregator

Doors ajar on tax reform

POLITICO - Wed, 05/08/2013 - 5:11am
Republican Rob Portman and Democrat Gene Sperling indicate that compromise is not impossible.


Categories: US News

Trial reveals secrets of Jackson autopsy

CNN - Wed, 05/08/2013 - 5:10am
Jurors hearing the Michael Jackson wrongful death trial got a stark look at the dead pop icon after a lawyer showed them an autopsy photo.
Categories: US News

Obama's cigarette tax up in smoke

POLITICO - Wed, 05/08/2013 - 5:09am
The single-biggest new proposal in his budget vanished almost as soon as it was announced.


Categories: US News

Immigration battle: Rubio vs. DeMint

POLITICO - Wed, 05/08/2013 - 5:04am
The winner could not only determine the bill's fate in the House, but also the future of the GOP.


Categories: US News

Cyprus Ignored Bailout and Bank Warnings: EU's Rehn

CNBC - Wed, 05/08/2013 - 4:48am
Cyprus was warned about its "excessive economic imbalances" and was told that financial assistance was "unavoidable" months before it requested aid.
Categories: US News

Epic Fail? Hedge Fund Guru Tips

CNBC - Wed, 05/08/2013 - 4:25am
Investors who bought on the basis of tips from Ira Sohn Investment Conference last year failed to beat the market, the FT reports.
Categories: US News

World's Biggest Alcohol Consumers

CNBC - Wed, 05/08/2013 - 3:33am
We look at the top 10 countries in the world with the highest alcohol consumption in 2012, according to Euromonitor.
Categories: US News

China Trade Data: One for the Economy Bulls?

CNBC - Wed, 05/08/2013 - 3:16am
Better-than-expected China trade numbers have eased concerns about China's economic outlook.
Categories: US News

Youth Unemployment Surges

CNBC - Wed, 05/08/2013 - 3:14am
The long-term impact of rising unemployment among the young could be felt for decades, according to the International Labor Organization (ILO).
Categories: US News

Impressionist Art Fetches $230 Million

CNBC - Wed, 05/08/2013 - 2:41am
The first of the big spring auctions began Tuesday night at Sotheby's. The New York Times reports.
Categories: US News

Don't Sell! Dow Headed to 18,000: Pro

CNBC - Wed, 05/08/2013 - 2:35am
Sell in May and go away? Not according to one pro who says the Dow closing above 15,000 for the first time ever on Tuesday.
Categories: US News

Hedge Funds Eye Detroit

CNBC - Wed, 05/08/2013 - 2:08am
Specialized hedge funds which transformed corporate bankruptcies may be poised to descend on another landscape: struggling cities and counties.
Categories: US News

Has Roubini Backtracked on Equities?

CNBC - Wed, 05/08/2013 - 1:50am
Squawk Box anchors debate Nouriel Roubini's change of sentiment on the markets.
Categories: US News

Manchester United Manager Retires

CNBC - Wed, 05/08/2013 - 1:39am
Long running manager of U.K. soccer club Manchester United, Alex Ferguson, is retiring, the club announced on Wednesday.
Categories: US News

Amanda Knox crippled with fear

CNN - Wed, 05/08/2013 - 1:26am
Even after she was cleared of murder, even after returning home to a scenic haven in Seattle, Amanda Knox lives with panic attacks and constant tears. Watch her wide-ranging interview with CNN's Chris Cuomo at 10 p.m. ET tonight.
Categories: US News

Stanchart Sees Lower Profits on Cost Increases

CNBC - Wed, 05/08/2013 - 12:39am
Standard Chartered said on Wednesday its first quarter operating profit was likely to be slightly lower than a year ago.
Categories: US News

Roubini: No Stock Bubble, but Crash Looms

CNBC - Wed, 05/08/2013 - 12:27am
Stocks aren't in bubble territory as yet, but a "huge rally in risk assets" over the next two years puts markets in danger.
Categories: US News

Another Bigger Crash Coming: Roche

CNBC - Wed, 05/08/2013 - 12:07am
The bond markets will crash once global central banks stop buying debt, strategist David Roche told CNBC.
Categories: US News

Dems learn money isn't everything

POLITICO - Wed, 05/08/2013 - 12:06am
Colbert Busch received almost $900,000 in outside cash from the DCCC and House Majority PAC.


Categories: US News

Missing Minnesota hiker found dead at bottom of Yosemite cliff

FOX News - Wed, 05/08/2013 - 12:00am

A hiker who went missing in Yosemite National Park has been found dead at the bottom of a cliff, authorities said.

Rangers found the body of 73-year-old Kenneth Stensby of Edina, Minn., at the base of a cliff next to the park's Vernal Fall, where he had apparently fallen after stopping to take a photo, park officials said.

Search crews had found his backpack on Sunday at the top of the waterfall. His camera was not in the pack.

His body was removed from the area around 1 p.m. Tuesday, a day after it was spotted from the air, according to park officials.

The Minneapolis Star Tribune reports that Stensby was president and chief executive officer of United Properties, a Minneapolis-based real estate company, from 1974 until taking early retirement in January 1995.

Stensby had been in the park for several days and was staying at the Ahwahnee Hotel, park officials said. He left a note with the concierge each morning outlining his daily plan.

On Sunday, his note stated that he was planning to hike to the top of Vernal Fall on the Mist Trail and return to the hotel around noon, according to park officials. Apparently he fell from the top, officials said.

Hotel staff attempted to contact Stensby around 5:00 p.m. that evening, and discovered he had not returned. They then contacted the National Park Service.

The search effort included dogs and a California Highway Patrol helicopter.

Three young tourists were swept over Vernal Fall in 2011 after one of them slipped on a rock. Her two friends fell while trying to save her.

Categories: US News