Late on the night of April 8, 2011, Washington’s leaders announced that they’d just done something extraordinary. They had agreed to cut the federal budget — and cut it big.
“The largest annual spending cut in our history,” President Obama called it in a televised speech. To prevent a government shutdown, the parties had agreed to slash $37.8 billion: more than the budgets of the Labor...
US S&P suit points to ratings industry's role in crisis
Label: Technology NEW YORK: The US government's $5 billion lawsuit against Standard & Poor's for exaggerating mortgage bond ratings in 2007 has cast a pall over the ratings industry and exposed its role in the financial crisis.S&P competitors Moody's and Fitch find themselves potentially facing penalties after the Justice Department alleged S&P knowingly kept ratings on high-risk mortgage securities...
Conspiracy theory: Was due process flouted to deny Afzal Guru a bid to escape hangman?
Label: LifestyleNEW DELHI: Although both have been executed in a hush-hush manner citing security reasons, the dilution of due process was greater in Mohammad Afzal Guru's hanging than in Ajmal Kasab's.The denial of an opportunity to challenge the President's decision on the mercy petition was more likely to have affected Guru's fate for, unlike Kasab, he was not present at the crime scene when Parliament was attacked...
Mars Rover Curiosity Completes First Full Drill
Label: Health For the first time in history, humans have drilled a hole into rock on Mars and are collecting the powdered results for analysis, NASA announced Saturday.After weeks of intensive planning, the Mars rover Curiosity undertook its first full drill on Friday, with NASA receiving images on Saturday showing that the procedure was a success.Curiosity drilled a hole that is a modest 2.5 inches...
LAPD Reopens Case of Suspected Cop-Killer's Firing
Label: Business The Los Angeles Police Department announced today it will reopen the case of the firing of Christopher Dorner, but said the decision was not made to "appease" the fugitive former cop suspected of killing three people.Dorner, a fired and disgruntled former Los Angeles police officer, said in the so-called "manifesto" he released that he was targeting LAPD officials and their...
Feb
08
Japan mulls disclosing evidence on China radar lock
Label: Technology TOKYO: Japan said on Saturday it was considering disclosing evidence to bolster its claim that a Chinese frigate locked its weapon-targeting radar on a Japanese ship, after Beijing rejected the charge.The incident, which Japan said happened last week, marked the first time the two nations' navies have locked horns in a territorial dispute that has some commentators warning about possible...
Parliament House attack case convict hanged to death at 8am
Label: Lifestyle NEW DELHI: Parliament House attack case convict Afzal Guru was hanged to death at Tihar Central Jail on Saturday morning. The hanging took place in complete secrecy at around 8am with only a very select group of officials and home minister Sushilkumar Shinde knowing the operation to execute his death sentence. His mercy plea, which had been pending since 2006, was rejected by the President Mukherjee...
Space Pictures This Week: Sun Dragon, Celestial Seagull
Label: Health Solar DragonImage courtesy SDO/NASAResembling a dragon's tail, remnants of a solar filament strain to escape the sun's gravity in an image released this week by NASA's Solar Dynamics...
Northeast Shuts Down as Blizzard Batters Millions
Label: Business A blizzard of possibly historic proportions began battering the Northeast today, and could bring more than two feet of snow and strong winds that could shut down densely populated cities such as Boston and New York City.A storm from the west joined forces with one from the south to form a nor'easter that will sit and spin just off the East Coast, affecting more than 43 million...
Feb
07
Lawmakers divided on Postal Service plan
Label: World
Lawmakers wrestled Thursday with how to address Postmaster General Patrick R. Donahoe’s announcement that the U.S. Postal Service plans to end Saturday mail delivery in August.
Donahoe moved to circumvent Congress’s long-standing resistance to the proposal for five-day delivery, a move the Postal Service thinks will save about $2 billion annually and help ease its financial losses....
S Korean activists jailed for unauthorised visit to North
Label: Technology SEOUL: A South Korean court jailed an elderly left-wing activist for four years on Friday for making an unauthorised trip across the border to North Korea.Ro Su-Hui, 69, was convicted of violating a strict security law that penalises pro-Pyongyang activity and bans citizens from going to the North without prior permission.Another activist, Won Jin-Wook, received a three-year prison sentence...
India, UK armies to hold joint exercise in April
Label: Lifestyle BANGALORE: Great Britain's minster for defence equipment, support and technology, Philip Dune, said on Thursday that a detachment of British army will come to India in April for a joint exercise with the Indian army. "We plan to increase the joint exercises between the two countries in the near future," the 54-year-old British Conservative Party politician said on the sidelines of Aero India 2013....
Asteroid to Make Closest Flyby in History
Label: Health Talk about too close for comfort. In a rare cosmic encounter, an asteroid will barnstorm Earth next week, missing our planet by a mere 17,200 miles (27,700 kilometers).Designated 2012 DA14, the space rock is approximately 150 feet (45 meters) across, and astronomers are certain it will zip harmlessly past our planet on February 15—but not before making history. It will pass within...
Cop Shooting Rampage: Manhunt on Mountain
Label: Business The truck owned and driven by suspected cop killer Christopher Dorner during his alleged rampage through the Los Angeles area was found deserted and in flames on the side of Bear Mountain, Calif., this afternoon -- with tracks in the snow leading away from the vehicle.The San Bernadino Sheriff's Department confirmed the truck was Dorner's, but said at a news conference this...
Feb
06
Postal Service’s bold, risky move to five-day mail delivery stirs support, fury
Label: World
Like other kids growing up in Pittsburgh, Patrick Donahoe enjoyed playing baseball, football and basketball. He doesn’t profess to have been a star athlete, but he did get the job done.
“I never had any glory positions,” he recalled. “I was a workhorse type of person in those games.”
Despite his high-sounding title of postmaster general, Donahoe’s job also isn’t a glory position....
Boeing Dreamliner to make special one-time flight
Label: Technology WASHINGTON: A Boeing 787 Dreamliner will fly for the first time in three weeks in a so-called ferry flight after the company won permission on Wednesday from US regulators.In the special one-time flight, the plane -- with no passengers and just the minimum crew needed to fly it -- will travel on Thursday from Forth Worth, Texas, where it was being painted, back to Boeing's assembly plant...
Harish Rawat asks Uttarakhand CM for CBI probe into 2010 Mahakumbh scam
Label: Lifestyle DEHRADUN: Union minister for water resources Harish Rawat on Wednesday asked chief minister of Uttarakhand Vijay Bahuguna to recommend a CBI probe into the alleged misappropriation of Rs.500 crores released by the previous BJP state government for preparations of the 2010 Mahakumbh in Haridwar. Talking to reporters in Haridwar, Rawat said an impartial probe by CBI will help bring the culprits to...
Humans Swap DNA More Readily Than They Swap Stories
Label: HealthJane J. Lee Once upon a time, someone in 14th-century Europe told a tale of two girls—a kind one who was rewarded for her manners and willingness to work hard, and an unkind girl who was punished for her greed and selfishness.This version was part of a long line of variations that eventually spread throughout Europe, finding their way into the Brothers Grimm fairytales as Frau Holle, and...
Armstrong May Testify Under Oath on Doping
Label: Business Facing a federal criminal investigation and a deadline that originally was tonight to tell all under oath to anti-doping authorities or lose his last chance at reducing his lifetime sporting ban, Lance Armstrong now may cooperate.His apparent 11th-hour about-face, according to the U.S. Anti Doping Agency (USADA), suggests he might testify under oath and give full details to...
Feb
05
Strengthening security at the nation’s airports
Label: World
Most people think of airport security as their walk through the metal detector and the eyeballing by transportation security officers (TSOs). Dan Liddell, whose job it is to protect the flying public at seven airports in central New York, instead sees 17 zones of worker responsibility and hundreds of different tasks.
In pursuit of safeguarding the public, Liddell, a federal security director...
China radar-lock on Japan ship 'dangerous': PM Abe
Label: Technology TOKYO: The radar-lock that a Chinese frigate put on a Japanese warship was "dangerous" and "provocative", Japan's Prime Minister Shinzo Abe said Wednesday, as tensions in a territorial row ratcheted up."It was a dangerous act that could have led to an unpredictable situation," Abe told parliament. "It is extremely regrettable. We strongly ask for their self-restraint in order to avoid...
15 dip hands in hot oil to prove loyalty in Gujarat
Label: LifestyleSABARKANTHA (Gujarat): Fifteen persons received burn injuries after they dipped their hands in hot oil to convince a candidate, who lost in panchayat elections, that they had voted for him, police said. The candidate, identified as Girish Parmar, has been detained, police said. The incident took place at Derai village of Bayad taluka this evening after counting of votes for the district panchayat,...
The Real Richard III
Label: Health It's a question that actors from Laurence Olivier to Kevin Spacey have grappled with: What did Richard III, the villainous protagonist of Shakespeare's famous historical drama, really look and sound like?In the wake of this week's announcement by the University of Leicester that archaeologists have discovered the 15th-century British king's lost skeleton beneath a parking lot, news continues...
Lance Armstrong Under Criminal Investigation
Label: Business Federal investigators are in the midst of an active criminal investigation of disgraced Tour de France champion Lance Armstrong, ABC News has learned.The revelation comes in stark contrast to statements made by the U.S. Attorney for Southern California, Andre Birotte, who addressed his own criminal inquiry of Armstrong for the first time publicly on Tuesday. Birotte's office...
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