BEIRUT (AP) — Syrian troops and rebels fought intense battles Thursday around a strategic air base in the country's north and a suburb of the capital that government forces have been trying to capture since last month, activists and state media said.The fighting is part of the escalating violence in a Syrian civil war that the United Nations estimates has killed more than 60,000 people since the revolt...
Car bomb in Iraq kills 12 Shiite pilgrims
Labels: WorldBAGHDAD (AP) — Iraqi officials say a car bomb has struck a procession of Shiite pilgrims south of Baghdad, killing at least 12 and wounding dozens.A police official says the bomb exploded late Thursday afternoon in the town of Musayyib, about 60 kilometers (40 miles) south of the Iraqi capital.He says the bomb hit the pilgrims as they were returning from the holy city of Karbala to commemorate the...
Car bomb in Iraq kills 17 Shiite pilgrims
Labels: WorldBAGHDAD (AP) — A car bomb explosion tore through a crowd of Shiite pilgrims returning home Thursday from a religious commemoration, killing at least 20 and reinforcing fears of renewed sectarian violence, according to Iraqi officials.The blast erupted late in the afternoon in the town of Musayyib, about 60 kilometers (40 miles) south of the Iraqi capital. It targeted worshippers returning from the...
Car bomb in Iraq kills 20 Shiite pilgrims
Labels: WorldBAGHDAD (AP) — A car bomb explosion tore through a crowd of Shiite pilgrims returning home Thursday from a religious commemoration, killing at least 20 and reinforcing fears of renewed sectarian violence, according to Iraqi officials.The blast erupted late in the afternoon in the town of Musayyib, about 60 kilometers (40 miles) south of the Iraqi capital. It targeted worshippers returning from the...
Iraq orders release of 11 women from prison
Labels: WorldBAGHDAD (AP) — Iraqi authorities on Thursday ordered the release of 11 women facing criminal charges and pledged to transfer other women prisoners to jails in their home provinces, in a move to address a main demand during a wave of protests by the country's Sunni minority against the Baghdad government.The demonstrations erupted following the arrest of bodyguards assigned to Finance Minister Rafia...
Jan
03
Google filing error shocks investors, exposes process
Labels: BusinessSAN FRANCISCO/NEW YORK (Reuters) - R.R. Donnelley & Sons Co handles thousands of securities filings a year for corporate clients in a routine process that is invisible to most investors. On Thursday Google and its shareholders found out just what happens when that process goes wrong.Google issued a statement blaming Donnelley, its filing agent, after the Internet search company's quarterly results...
Who Owns America’s Debt?
Labels: BusinessAs the U.S. continues to rack up more than $1 trillion of new debt every year, Americans are beginning to worry about who we owe this money to and how much power our creditors have over us.According to Barry P. Bosworth, a senior fellow at the Brookings Institution, our two biggest foreign creditors are Japan and China.Although it may seem as though our debt to these countries renders us a puppet...
Analysis: Geithner's planned departure puts Obama in tough spot
Labels: BusinessWASHINGTON (Reuters) - Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its next fiscal showdown with Congress.Geithner, who spent his years as Treasury secretary battling the financial crisis and then fighting with Republican lawmakers in 2011 over raising...
US job market resilient despite budget fight
Labels: BusinessThe U.S. job market showed resilience in three reports Thursday, suggesting it may be able to withstand a federal budget battle that threatens more economic uncertainty in coming months.A survey showed private hiring increased last month, while layoffs declined and applications for unemployment benefits stayed near a four-year low. The data led some economists to raise their forecasts for December...
US housing construction up 15 percent in September
Labels: BusinessWASHINGTON (AP) -- U.S. builders started construction on single-family homes and apartments in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening.The Commerce Department said Wednesday that builders broke ground on homes at a seasonally adjusted annual rate of 872,000 in September. That's an increase of 15 percent from the August level.Applications...
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