Evening Edition is an Open Thread
1 Russia celebrates Gagarin’s conquest of space
by Stuart Williams, AFP
Tue Apr 12, 12:15 pm ET
MOSCOW (AFP) – Russia on Tuesday marked a half century since Yuri Gagarin became the first man in space, the greatest victory of Soviet science which expanded human horizons and still remembered by Russians as their finest hour.
President Dmitry Medvedev hosted a glittering Kremlin reception that brought together legendary cosmonauts and astronauts with the rarely seen widow of Gagarin, and pledged that space exploration would remain a priority for modern Russia.
“Fifty years ago, Yuri Gagarin opened a new era in human history,” Medvedev said as Gagarin’s widow Valentina Gagarina looked on along with their two daughters. |
AFP
2 Mubarak in intensive care after heart attack
by Mona Salem, AFP
41 mins ago
CAIRO (AFP) – Ousted Egyptian president Hosni Mubarak was admitted to the intensive care unit in the Red Sea resort of Sharm el-Sheikh, shortly after suffering a heart attack during questioning by prosecutors on Tuesday, state media reported.
“Former president Hosni Mubarak went into intensive care at the Sharm el-Sheikh International Hospital after suffering a heart attack,” the official MENA agency said.
His sons, Alaa and Gamal, who were being questioned by prosecutors in the south Sinai capital of al-Tor, headed back south to Sharm el-Sheikh after hearing their father had gone into intensive care, a security official said. |
3 All eyes on Doha as Libya contact group meets
by Marc Burleigh, AFP
Tue Apr 12, 1:39 pm ET
BENGHAZI, Libya (AFP) – The focus of the Libyan conflict shifts to the Gulf state of Qatar on Wednesday as the rebels’ shadow government will be given the chance to address an international contact group.
Libya’s former foreign minister Mussa Kussa will be present in Doha but rebels made it clear he would not be representing them in any way at talks ahead of the meeting.
An African Union peace plan for Libya was in tatters after rebels stuck to their demand that Moamer Kadhafi step down and NATO came under pressure to drop more bombs on the strongman’s forces. |
4 Idea Kadhafi steps down ‘ridiculous,’ says son
by Joseph Krauss, AFP
Mon Apr 11, 6:56 pm ET
BENGHAZI, Libya (AFP) – Libyan rebels on Monday rejected an African Union initiative for a truce accepted by Moamer Kadhafi, and said the only solution was the strongman’s ouster, an idea his son called “ridiculous.”
The rebel rejection came after NATO chiefs warned that any deal must be “credible and verifiable,” and as alliance warplanes were again in action against heavy Kadhafi weaponry pounding Ajdabiya and Misrata.
US Secretary of State Hillary Clinton also stuck to US demands for Kadhafi to step down and leave Libya as part of a peaceful transition, but declined to comment on the proposed African Union deal before being fully briefed. |
5 AU plan for Libya in tatters, NATO under pressure
by Marc Burleigh, AFP
Tue Apr 12, 7:56 am ET
BENGHAZI, Libya (AFP) – An African Union peace plan for Libya was in tatters Tuesday after rebels stuck to their demand that Moamer Kadhafi step down, as NATO came under pressure to drop more bombs on the strongman’s forces.
The British Foreign Office meanwhile said Libyan former foreign minister Mussa Kussa was leaving Britain on Tuesday to travel to Qatar for talks ahead of a meeting there of an international contact group on Libya.
Having managed to secure Kadhafi’s agreement to a ceasefire, the African Union delegation encountered resistance from the rebel leadership in Benghazi, who argued that the initiative was obsolete and insisted Kadhafi be forced to quit. |
6 Clashes in Abidjan as I.Coast’s Ouattara urges peace
by Thomas Morfin, AFP
Tue Apr 12, 1:18 pm ET
ABIDJAN (AFP) – The thunder of heavy weapons rocked Abidjan once more Tuesday as President Alassane Ouattara struggled to take control of Ivory Coast’s commercial capital after capturing his rival Laurent Gbagbo.
Gunfire and explosions were heard in areas largely loyal to Gbagbo, the central Plateau district and Cocody in the north, as pro-Ouattara forces tried to return the city to normality after 10 days of bitter street battles.
“There were clashes using heavy weapons,” around midday (1200 GMT), a resident of Plateau, largely deserted since fighting erupted and home to the presidential palace, told AFP by telephone. |
7 I.Coast’s Ouattara urges no reprisals after Gbagbo’s capture
by Evelyne Aka, AFP
Mon Apr 11, 7:45 pm ET
ABIDJAN (AFP) – Ivory Coast strongman Laurent Gbagbo was captured Monday by forces loyal to his rival Alassane Ouattara, who urged no reprisals or violence following the dramatic climax of a months-long crisis.
“I ask you to remain calm and show restraint,” Ouattara, the internationally recognised president of the west African nation, said in a televised address, while hailing “the dawn of a new era of hope”.
He also announced the launch of “legal proceedings against Laurent Gbagbo, his wife and his allies,” adding that “all measures are being taken” to protect them. |
8 Japan raises nuclear disaster to Chernobyl level
by Yuka Ito, AFP
45 mins ago
TOKYO (AFP) – Japan upgraded its month-old nuclear emergency to a maximum seven on an international scale of atomic crises Tuesday, placing it on a par with the Chernobyl disaster a quarter-century ago.
The reassessment to a “major accident” with “widespread health and environmental effects” was based on the total radiation released, which officials said was one-tenth of the 1986 accident in the then Soviet Union.
Prime Minister Naoto Kan, however, also stressed that “step by step, the reactors in the Fukushima Daiichi power plant are moving toward stability. The level of radioactive materials released is declining.” |
9 Health costs huge risk to advanced economies: IMF
by Paul Handley, AFP
2 hrs 13 mins ago
WASHINGTON (AFP) – The cost of health care poses a burden to developed countries that could spark immense financial crises if not contained, the International Monetary Fund warned Tuesday.
Even countries that move decisively to contain and cut the costs of keeping their populations healthy will find it is not enough and will have to cut spending elsewhere for fiscal stability, it said.
“Rising spending on health care is the main risk to fiscal sustainability, with an impact on long-run debt ratios that, absent reforms, will dwarf that of the financial crisis,” it said. |
10 Retiring space shuttles go to four US museums
by Kerry Sheridan, AFP
1 hr 20 mins ago
WASHINGTON (AFP) – Thirty years after the first space flight of the iconic US shuttle program, NASA announced on Tuesday where the retiring orbiters would take their final resting places as museum pieces.
NASA’s declaration sparked anger in Texas, the home of mission control in Houston, which was left out in favor of New York, Florida, Virginia and California. One key Texas senator slammed the move as political and misguided.
Discovery, the oldest space shuttle of the fleet, will land at the Steven F. Udvar Hazy Center, a branch of the Smithsonian Institution’s National Air and Space museum in Virginia, NASA administrator Charles Bolden said. |
11 Skyscrapers play havoc with London’s historic skyline
by Marie-Pierre Ferey, AFP
Tue Apr 12, 1:12 pm ET
LONDON (AFP) – London’s newest skyscraper is advancing floor by floor into the record books, but critics say The Shard and a rash of other towers under construction are ruining the capital’s historic skyline.
When it is finished in 2012, The Shard, a glistening triangle by world-renowned Italian architect Renzo Piano, will stand 310 metres (1,016 feet) high, becoming the highest tower in Europe.
Already the view from the 72nd floor — there are 15 more above it — is enough to bring on a serious bout of vertigo. |
Reuters
12 Japan says nuclear crisis stabilizing, time to rebuild
By Shinichi Saoshiro and Yoko Nishikawa, Reuters
Tue Apr 12, 12:58 pm ET
TOKYO (Reuters) – Japan’s nuclear crisis is slowly stabilizing and the country must now focus on repairing the damage wrought by the devastating earthquake and tsunami that struck the northeast coast a month ago, Prime Minister Naoto Kan said.
He was speaking shortly after new data showed more radiation leaked from the crippled Fukushima Daiichi nuclear power plant in the early days of the crisis than first thought.
That new information put Japan’s nuclear calamity in the same category as the world’s worst nuclear disaster, Chernobyl, officials said, but the upgrade in its severity rating to the highest level on a globally recognized scale did not mean the situation had suddenly become more critical. |
13 Cisco kills Flip camera in first revamp step
By Jim Finkle and Paul Thomasch, Reuters
16 mins ago
BOSTON/NEW YORK (Reuters) – Cisco Systems Inc will dump its Flip video camera division, retiring the popular brand in a first step toward reviving a company its CEO John Chambers admitted has lost its way.
The move to kill a gadget that won rave reviews for jump-starting low-cost handheld video and was the top-selling camcorder in the United States last year comes less than a week after Chambers said he had to make “tough decisions” about cutting spending on some product areas.
The surprise decision to shut down Flip rather than sell it underscores pressure on Chambers to whittle down a money-losing consumer division that also includes Scientific Atlanta set-top boxes and Linksys home routers. |
14 Trade data shows growth headwinds
By Doug Palmer, Reuters
1 hr 32 mins ago
WASHINGTON (Reuters) – U.S. imports and exports fell in February, prompting analysts to cut again their forecasts for U.S. economic growth in early 2011 and showing signs of a slowing in the global recovery.
The trade gap totaled $45.8 billion and was down 2.6 percent from January as imports fell faster than exports, even as oil prices hit their highest level since October 2008, the Commerce Department said on Tuesday.
The impact of the oil price jump was tempered by a drop in the volume of oil imports to the lowest in 12 years. A separate Labor Department report showed petroleum prices surging 10.5 percent in March, suggesting bigger trade shortfalls ahead. |
15 G20 to seek deal on imbalances amid crowded agenda
By Daniel Flynn, Reuters
55 mins ago
PARIS (Reuters) – The world’s biggest economies will struggle this week to make headway on a plan to identify countries that put the global economy at risk with China opposed to any attempt to curb its growth.
Finance chiefs from the Group of 20 countries will try to advance a complex plan for better balancing the world economy, even as concerns about rising oil prices and surging capital flows — two immediate recovery threats — crowd the agenda.
Ahead of the G20 meeting on Friday, No. 2 economy China warned it was not about to permit others to draw up a “political tool” for curbing its red-hot economic expansion by trying to cap its hefty trade surpluses. |
16 Portugal starts bailout talks; deal seen
By Sergio Goncalves, Reuters
1 hr 25 mins ago
LISBON (Reuters) – Portugal launched talks on Tuesday with European authorities and the IMF on a bailout the caretaker government says is needed to cover the country’s financing from June, as politicians jostled ahead of a general election.
Officials from the European Commission, European Central Bank and the International Monetary Fund will pore over Portugal’s public accounts to decide on additional austerity measures they deem necessary for Lisbon to reduce its budget deficit in return for a three-year loan that could reach 80 billion euros ($115.7 billion).
Finance Minister Fernando Teixeira dos Santos acknowledged Lisbon only had its financing needs covered for this month and next, and will need the bailout loans from June onwards. |
17 France says NATO must do more in Libya
By Maria Golovnina, Reuters
2 hrs 5 mins ago
TRIPOLI (Reuters) – Libyan rebels reported heavy fighting in the besieged city of Misrata on Tuesday and France said NATO must step up bombing to stop Muammar Gaddafi’s forces attacking civilians.
“It is not acceptable that Misrata is still under fire and being bombarded by Gaddafi’s troops,” French Foreign Minister Alain Juppe said in Luxembourg.
NATO took over air operations from a coalition of the United State |
18 Ivory Coast army chiefs swear loyalty to Ouattara
By Mark John and Loucoumane Coulibaly, Reuters
2 hrs 22 mins ago
ABIDJAN (Reuters) – Army chiefs who fought for Ivory Coast’s former leader Laurent Gbagbo pledged their loyalty to his rival Alassane Ouattara on Tuesday, helping the chances of an end to conflict a day after his forces captured Gbagbo.
Gbagbo’s arrest on Monday ended a four-month power struggle that had descended into all-out conflict.
But Ouattara — recognised internationally as the West African nation’s president — now faces a huge task reuniting a divided country. |
19 Syrian forces storm town after protest say activists
By Khaled Yacoub Oweis, Reuters
Tue Apr 12, 1:23 pm ET
AMMAN (Reuters) – Syrian security forces stormed a town near the city of Banias on Tuesday, activists said, in an operation aimed at quelling unrest that has spread across the country and challenged the rule of President Bashar al-Assad.
Assad has responded to the mass protests, now in their fourth week, with force, pledges of reform and attempts to appease minority Kurds and conservative Sunnis. But the unprecedented calls for more freedoms have yet to abate.
The activists said Syrian secret police and soldiers had surrounded the town of Baida, 10 km (six miles) south of Banias, which security forces had sealed off on Sunday after pro-democracy protests and an attack by irregular forces loyal to Assad on people guarding a Sunni mosque. |
20 Rajaratnam defense takes aim at Goldman evidence
By Grant McCool and Basil Katz, Reuters
3 mins ago
NEW YORK (Reuters) – Hedge fund founder Raj Rajaratnam’s trial defense on Tuesday tried to deflect prosecution evidence that he traded on inside information about Wall Street’s most influential bank, Goldman Sachs Group Inc, at the height of the 2008 financial crisis.
Former Galleon chief operating officer Rick Schutte testified that well before the government contends Rajaratnam was tipped to a $5 billion investment in Goldman, discussions were already under way about what positions to take in the bank in light of the looming market crisis.
Schutte described a lunch on July 31, 2008, with Rajaratnam, Goldman president Gary Cohn and others during his second day of testimony at Rajaratnam’s insider trading trial in Manhattan federal court. |
21 Belarus hunts culprits after deadly metro bomb
By Andrei Makhovsky, Reuters
Tue Apr 12, 11:04 am ET
MINSK (Reuters) – Police in Belarus carried out spot checks on roads and at stations and airports on Tuesday after a bomb blast tore through a crowded metro station in the capital Minsk, killing at least 12 people.
As police hunted those responsible for planting and detonating the bomb on Monday evening by remote control, a top official from the prosecutor general’s office described the attack as an act of terrorism, unprecedented in Belarus.
The KGB state security service issued the description of a heavily-built man of medium height in his 20s, who it said was a suspect in the attack. Three other people had been detained for questioning but were not suspects, the KGB chief said. |
22 Libya defector heading to Doha to meet rebels: UK government
By Adrian Croft, Reuters
Tue Apr 12, 11:28 am ET
DOHA (Reuters) – Moussa Koussa, a former Libyan foreign minister who fled to Britain last month, is on his way to meet Libyan rebels in Doha, the British government said on Tuesday.
An international group is due to hold talks on the future of Libya in the Qatari capital on Wednesday after an African Union attempt to broker a peace deal between rebel groups and Libyan leader Muammar Gaddafi collapsed.
Koussa, a long-time top aide to Gaddafi, will not participate in the meeting but is expected to hold talks on the sidelines, British sources said. |
23 Nasdaq, D.Boerse eye shareholders in NYSE battle
By Paritosh Bansal and Jonathan Spicer, Reuters
Tue Apr 12, 6:07 am ET
NEW YORK (Reuters) – Nasdaq OMX Group and Deutsche Boerse are wooing major NYSE Euronext shareholders, as both exchanges stand by their bids for the Big Board parent and dig in for a drawn-out battle.
Nasdaq and partner IntercontinentalExchange Inc were unbowed on Monday after NYSE Euronext’s board rejected their takeover offer in favor of a lower bid from Deutsche Boerse.
Shareholders at the center of the increasingly bitter fight were bracing for a bidding war and weighing a stark choice: The short-term gain from Nasdaq’s higher but probably riskier offer or leaving cash on the table for what could be a better long-term fit with Deutsche Boerse. |
24 Berlusconi dismisses accusations at fraud trial
By Antonella Ciancio, Reuters
Mon Apr 11, 8:28 am ET
MILAN (Reuters) – A defiant Italian Prime Minister Silvio Berlusconi emerged from court on Monday to launch a bitter attack on “leftist” magistrates who have accused him of offences ranging from tax fraud to paying for sex with a minor.
“I have spent a surreal morning,” he told a cheering crowd of supporters gathered outside the Milan court where the latest in a related series of hearings was held on tax fraud charges related to his Mediaset broadcasting empire.
“The prime minister is being accused by prosecutors who are slinging mud at him and at the country at a time when we should be stronger so as to be able to defend the country on the international stage,” he said. |
AP
25 Fort Sumter: Somber 150th anniversary of Civil War
By BRUCE SMITH, Associated Press
1 hr 56 mins ago
CHARLESTON, S.C. – Booming cannons, plaintive period music and hushed crowds ushered in the 150th anniversary of America’s bloodiest war on Tuesday, a commemoration that continues to underscore a racial divide that had plagued the nation since before the Civil War.
The events marked the 150th anniversary of the Confederate bombardment of Union-held Fort Sumter in Charleston Harbor, an engagement that plunged the nation into four years of war at a cost of more than 600,000 lives.
Several hundred people gathered on Charleston’s Battery in the pre-dawn darkness, much as Charleston residents gathered 150 years ago to view the bombardment of April 12, 1861. |
26 NATO general: ‘We’re doing a great job’ in Libya
By DON MELVIN, Associated Press
Tue Apr 12, 2:23 pm ET
BRUSSELS – A NATO general sharply rejected French criticism Tuesday of the operation in Libya, saying the North Atlantic military alliance is performing well and protecting civilians effectively.
French Foreign Minister Alain Juppe had said NATO should be doing more to take out strongman Moammar Gadhafi’s heavy weaponry that is targeting civilians in Libya.
Juppe said NATO’s actions were “not enough” and insisted the alliance should be firing on the weapons being used by Gadhafi’s forces to target civilians in the rebel-held city of Misrata. Juppe spoke on France-Info radio the day after Libyan rebels rejected a cease-fire proposal by African mediators because it did not insist that Gadhafi relinquish power. |
27 Ivory Coast generals pledge loyalty to president
By MARCO CHOWN OVED, Associated Press
2 hrs 17 mins ago
ABIDJAN, Ivory Coast – Five generals pledged their loyalty to President Alassane Ouattara on Tuesday following the capture of the country’s strongman leader after a four-month standoff, as French and Ivorian forces worked to eliminate the last pockets of resistance.
Ouattara’s spokesman Patrick Achi confirmed that the generals who had been fighting on Laurent Gbagbo’s side right up until his capture swore allegiance before Ouattara one by one at the Golf Hotel, where he set up his presidency after Gbagbo refused to acknowledge losing the November presidential election.
Doh Ouattara, a member of the security team at the hotel, said Gbagbo, his wife and entourage were in a suite there. He said the lower-level officials traveling with Gbagbo had been sealed inside the bar of the luxury hotel. |
28 Japan equates nuclear crisis severity to Chernobyl
By RYAN NAKASHIMA and SHINO YUASA, Associated Press
Tue Apr 12, 12:59 pm ET
TOKYO – Japan ranked its nuclear crisis at the highest possible severity on an international scale – the same level as the 1986 Chernobyl disaster – even as it insisted Tuesday that radiation leaks are declining at its tsunami-crippled nuclear plant.
The higher rating is an open acknowledgement of what was widely understood already: The nuclear accident at the Fukushima Dai-ichi plant is the second-worst in history. It does not signal a worsening of the plant’s status in recent days or any new health dangers.
Still, people living nearby who have endured a month of spewing radiation and frequent earthquakes said the change in status added to their unease despite government efforts to play down any notion that the crisis poses immediate health risks. |
29 Vatican sanctions Belgian bishop who abused nephew
By NICOLE WINFIELD, Associated Press
Tue Apr 12, 2:20 pm ET
VATICAN CITY – The Vatican has sanctioned a Belgian bishop who resigned last year after admitting he had sexually abused his nephew, saying he can no longer act as a priest in public and may risk further church sanctions.
The Vatican on Tuesday clarified the punishment against the former Bruges Bishop Roger Vangheluwe after Belgian bishops reported over the weekend that he had merely been sent outside Belgium for spiritual and psychological counseling, a seemingly cushy punishment given the seriousness of the crime.
The decision was the first known application of the Vatican’s new sex abuse norms approved last year giving the Congregation for the Doctrine of the Faith jurisdiction to investigate and punish bishops – not just priests – who abuse minors. The ultimate possible penalty: defrocking, or laicization in church-speak. |
30 Budget tricks helped Obama save programs from cuts
By ANDREW TAYLOR, Associated Press
2 hrs 10 mins ago
WASHINGTON – The historic $38 billion in budget cuts resulting from at-times hostile bargaining between Congress and the Obama White House were accomplished in large part by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway.
Such moves permitted Obama to save favorite programs – Pell grants for college students, health research and “Race to the Top” aid for public schools, among others – from Republican knives, according to new details of the legislation released Tuesday morning.
And big holes in foreign aid and Environmental Protection Agency accounts were patched in large part. Republicans also gave up politically treacherous cuts to the Agriculture Department’s food inspection program. |
31 AP Exclusive: FBI thought Demjanjuk evidence faked
By DAVID RISING and RANDY HERSCHAFT, Associated Press
1 hr 25 mins ago
BERLIN – An FBI report kept secret for 25 years said the Soviet Union “quite likely fabricated” evidence central to the prosecution of John Demjanjuk – a revelation that could help the defense as closing arguments resume Wednesday in the retired Ohio auto worker’s Nazi war crimes trial in Germany.
The newly declassified FBI field office report, obtained by The Associated Press, casts doubt on the authenticity of a Nazi ID card that is the key piece of evidence in allegations that Demjanjuk served as a guard at the Sobibor death camp in occupied Poland.
Throughout three decades of U.S. hearings, an extradition, a death sentence followed by acquittal in Israel, a deportation and now a trial in Munich, the arguments have relied heavily on the photo ID from an SS training camp that indicates Demjanjuk was sent to Sobibor. |
32 Attorneys for NFL players meet with judge
By JON KRAWCZYNSKI, AP Sports Writer
1 hr 16 mins ago
MINNEAPOLIS – Attorneys for NFL players met Tuesday with the federal magistrate who will oversee court-ordered mediation with the league as the lockout reached one month and counting.
Attorneys and Hall of Fame defensive end Carl Eller sat down with U.S. Magistrate Judge Arthur Boylan in a session that lasted well into the afternoon. All declined comment on a day the NFL released its preseason schedule with the opener an Aug. 7 showcase in Canton, Ohio, between Chicago and St. Louis.
Whether the games are held remains an open question. The NFL’s attorneys are scheduled to meet with Boylan on Wednesday before mediation begins on Thursday. |
33 Despite NATO rift, US holds to limited Libya role
MATTHEW LEE and RAF CASERT, Associated Press
27 mins ago
WASHINGTON – Despite rebel setbacks and an increasingly public rift with NATO allies, the U.S. will stick to its plan to remain in the back seat of the Libya air campaign, the Obama administration insisted Tuesday after three weeks of air missions that have failed to turn the tide against Moammar Gadhafi.
France’s defense minister declared that without full American participation, the West probably would not be able to stop attacks by Gadhafi loyalists on besieged rebel cities.
U.S. officials said they were comfortable with their role and had no plans to step up involvement, even as British and French officials said Washington’s military might was needed to ensure the mission’s success. The Americans said NATO could carry out the operation without a resumption of the heavy U.S. efforts that kicked it off last month. |
34 Egypt’s Mubarak hospitalized with heart problems
By ASHRAF SWEILAM and YASSER IMAM, Associated Press
9 mins ago
SHARM EL-SHEIKH, Egypt – Former Egyptian President Hosni Mubarak was abruptly hospitalized Tuesday for heart problems during an investigation over allegations of corruption and violence against protesters, reported state TV.
In a sign that his ailment might not be very serious, however, Justice Minister Mohammed el-Guindi said the former president was now being questioned in the hospital.
The 82-year-old Mubarak was deposed Feb. 11 after 18 days of popular protests and has been under house arrest in the Red Sea resort of Sharm el-Sheikh for the last two months. The public prosecutor announced Monday he was under investigation. |
35 Gas drilling’s promise, perils rile townsfolk
By RAMIT PLUSHNICK-MASTI and MICHAEL RUBINKAM, Associated Press
Tue Apr 12, 1:44 pm ET
Ron Hilliard came back from church one Sunday to find hundreds of plastic $5, $10, $20 and $100 bills hanging on his fence in Flower Mound, Texas, another message from townsfolk angry at him for signing a lucrative natural gas drilling lease for his suburban Dallas property.
In Damascus, Pa., about 1,500 miles away, drilling advocate Marian Schweighofer awoke one morning to the word “LORAX” – from the Dr. Seuss book about environmental destruction – spray-painted on the road near her family’s 712-acre farm.
Hilliard and Schweighofer have never met, yet both are living with the nastiness and rancor erupting in communities nationwide over the volatile issue of hydraulic fracturing, or fracking. |
36 Zipcar revs up for initial public offering
By CHRISTINA REXRODE, AP Business Writer
Tue Apr 12, 2:48 pm ET
NEW YORK – Zipcar Inc., the car-sharing company that rents rides for as little as an hour, is expected to get a warm reception from Wall Street for its planned initial public offering this week.
Its supporters think skyrocketing gas prices will make car sharing more popular. They praise Zipcar’s technological savvy and its plans for overseas expansion.
Zipcar is “one of the long-awaited hot tickets in the IPO valley,” said John Fitzgibbon, founder of IPOscoop.com. Investors are warming up to IPOs again after the market sputtered in 2008 and 2009. |
37 Witnesses say Syrian gunmen attack 2 villages
By BASSEM MROUE, Associated Press
Tue Apr 12, 12:18 pm ET
BEIRUT – Syrian troops took positions on rooftops and gunfire crackled for hours Tuesday as pro-government gunmen attacked two villages in northeastern Syria in a move to crush a popular uprising against President Bashar Assad’s authoritarian regime, witnesses said.
Syria’s leading pro-democracy group, the Damascus Declaration, urged the Arab League to impose sanctions on the regime and said the death toll from more than three weeks of unrest had topped 200. The White House joined a growing chorus of international condemnation, saying the “escalating repression by the Syrian government is outrageous.”
Protests erupted in Syria more than three weeks ago and have been growing steadily, with tens of thousands of people calling for sweeping reforms. The Assad family has kept an iron grip on power for 40 years, in part by crushing dissent. |
38 Toll in Belarus subway blast: 12 dead, 200 injured
By YURAS KARMANAU, Associated Press
2 hrs 58 mins ago
MINSK, Belarus – The toll in the Belarus subway bombing rose to 12 dead and more than 200 wounded Tuesday and authorities said several people have been detained in what they are calling a terrorist attack.
The opposition, meanwhile, voiced fears that authoritarian President Alexander Lukashenko would use the attack to launch an increased crackdown on dissent.
Belarus’ domestic security agency, which still goes under its Soviet-era name KGB, said it had identified the likely perpetrator of Monday’s explosion at a busy downtown subway station and was searching for him. It described him as a well-built man in his 20s, but didn’t elaborate. |
39 Cisco plans to shut its Flip camcorder business
By PETER SVENSSON, AP Technology Writer
Tue Apr 12, 12:23 pm ET
NEW YORK – Cisco Systems Inc., the world’s largest maker of computer networking gear, on Tuesday said it’s killing its Flip Video camcorder business as part of a reversal of years of efforts at diversifying into consumer products.
The about-face comes after several quarters of disappointing results and challenges in its core businesses. Analysts say the company has been trying to do too many different things.
A week ago, CEO John Chambers acknowledged the criticism, sending employees a memo vowing to take “bold steps” to narrow the company’s focus. |
40 Libyan woman recounts gang rape by Gadhafi troops
By HADEEL AL-SHALCHI, Associated Press
Tue Apr 12, 12:03 pm ET
TRIPOLI, Libya – Since Iman al-Obeidi burst into the hotel housing foreign journalists in Tripoli and accused pro-Gadhafi militiamen of gang-raping her, she says many people on the streets of the capital have recognized her and praised her bravery. Supportive cab drivers have refused to take her money and in the rebel-held east, she is hailed as a hero.
Recounting her story in graphic detail for the first time alone with two female reporters, al-Obeidi claimed she was brutalized for two days and wept as she recalled the ordeal. She said she was repeatedly raped by 15 different men – one of them a cousin of Gadhafi – who were drinking alcohol that they poured in her eyes, nose, mouth and vagina. She said she was sodomized with a Kalashnikov rifle.
Al-Obeidi spoke to The Associated Press and another reporter at her home. It was a rare interview without Libyan government minders, who keep almost constant watch over dozens of foreign journalists the regime has invited in to cover its side of the uprising against Gadhafi’s 42-year rule of this North African Arab country. |
41 Obama first to put tax increases on budget table
By TOM RAUM, Associated Press Writer
27 mins ago
WASHINGTON – Higher taxes have been missing from the fierce budget battle that nearly shut down the federal government. But President Barack Obama is about to put them on the table – at least a modest version that he had pushed before and then rested on the shelf.
Most economists and budget analysts say a comprehensive mix of spending cuts and tax increases is essential to any viable deficit-reduction plan. Yet few players in the negotiations have gone there.
It comes in the scramble to heed what is widely viewed as a loud clamor from voters to slam the brakes on runaway government spending. There has been no corresponding public demand for raising taxes. That’s not surprising, but the top-bracket U.S. tax rate now is the lowest it’s been in decades, and it’s far lower than those in many other industrialized countries, especially in western Europe. |
42 Lobbying past could complicate Barbour campaign
By KEN THOMAS, Associated Press
Tue Apr 12, 6:22 am ET
WASHINGTON – Mississippi Gov. Haley Barbour is embracing his background as one of Washington’s top lobbyists, saying his powers of persuasion would be an asset if he wins the White House.
But an Associated Press review of lobbying by the powerhouse firm Barbour helped found before his first campaign for governor shows that he represented clients on issues and interests that could provide his Republican primary opponents ample ammunition and raise eyebrows among some Republican voters. How Barbour addresses his lobbying past could determine his fate if he decides to seek the Republican nomination.
Barbour Griffith & Rogers Inc., which Barbour helped establish in 1991, represented foreign governments on trade and immigration issues, advocated for a fuel additives association that was working in opposition to the ethanol industry dear to Iowa voters, and helped a number of universities get federal funding through a tactic that is anathema to cut-spending conservatives. |
43 New battles in Libya, strains in NATO campaign
By SEBASTIAN ABBOT, Associated Press
5 mins ago
AJDABIYA, Libya – Moammar Gadhafi’s forces fired rockets along the eastern front line and shelled the besieged city of Misrata Tuesday as France and Britain urged their NATO allies, including the United States, to intensify the campaign against the Libyan regime.
But hopes for a rebel military victory have faded and diplomatic efforts to find a solution were picking up momentum. On Wednesday, diplomats will gather in the tiny Gulf nation of Qatar for a meeting of the Libya contact group, which aims to coordinate an international response to the conflict.
On Monday, African leaders tried to broker a cease-fire but were immediately shot down when the opposition insisted that Gadhafi give up power immediately. |
44 Uruguay removing amnesty for dictatorship crimes
By RAUL O. GARCES, Associated Press
30 mins ago
MONTEVIDEO, Uruguay – Uruguay’s senate debated Tuesday whether to annul an amnesty for crimes against humanity committed during the 1973-85 dictatorship, with a narrow majority expected to overrule voters who upheld the law in two referendums.
Backed by leftist President Jose Mujica, the measure would then return to the lower house for minor changes and could become law by May 20 – the day Uruguay honors the political prisoners who were kidnapped and killed during the military junta’s crackdown on leftists.
Courts could then prosecute human rights violations committed in Uruguay, fulfilling a key demand of the leftist wing of the governing Broad Front coalition and complying with a 2009 Supreme Court ruling that found the amnesty unconstitutional. |
45 Obama’s debt cutting plan: Everything on the table
By JIM KUHNHENN, Associated Press
Mon Apr 11, 9:51 pm ET
WASHINGTON – President Barack Obama, plunging into the rancorous struggle over America’s mountainous debt, will draw sharp differences with Republicans Wednesday over how to conquer trillions of dollars in spending while somehow working out a compromise to raise some taxes and trim a cherished program like Medicare.
Obama’s speech will set a new long-term deficit-reduction goal and establish a dramatically different vision from a major Republican proposal that aims to cut more than $5 trillion over the next decade, officials said Monday.
Details of Obama’s plan are being closely held so far, but the deficit-cutting target probably will fall between the $1.1 trillion he proposed in his 2012 budget proposal and the $4 trillion that a fiscal commission he appointed recommended in December. |
46 NRC: Japan nuke crisis ‘static’ but not yet stable
By MATTHEW DALY, Associated Press
Mon Apr 11, 10:28 pm ET
WASHINGTON – The top U.S. nuclear regulator said Monday he will not change a recommendation that U.S. citizens stay at least 50 miles away from Japan’s crippled nuclear power plant, even as he declared that the crisis in that country remains “static.”
Gregory Jaczko, the chairman of the Nuclear Regulatory Commission, acknowledged in an interview with The Associated Press that the month-old crisis in Japan has not yet stabilized. But he said conditions at the Fukushima Dai-ichi plant have not changed significantly for several days.
“We describe the situation as static but not yet stable,” Jaczko said. |
47 Romney takes major step toward presidential run
By PHILIP ELLIOTT, Associated Press
Mon Apr 11, 9:49 pm ET
WASHINGTON – Former Massachusetts Gov. Mitt Romney, the closest to a front-runner in a wide-open Republican field, took a major step toward a second White House candidacy Monday, formally announcing a campaign exploratory committee.
Romney declared that “with able leadership, America’s best days are still ahead,” vigorously asserting that President Barack Obama had failed to provide it.
The Republican, who has been plotting a comeback since losing the GOP presidential nomination to John McCain three years ago, offered himself as the person best able to lead a country struggling to recover from economic crisis. |
48 Court won’t lift stay on Arizona immigration law
By BOB CHRISTIE, Associated Press
Mon Apr 11, 9:49 pm ET
PHOENIX – A federal appeals court on Monday refused to lift a stay blocking major parts of Arizona’s immigration law from taking effect and said the federal government is likely to be able to prove the controversial law is unconstitutional.
The 9th U.S. Circuit Court of Appeals turned down an appeal filed by Gov. Jan Brewer. She had asked the appeals court to lift an injunction imposed by a federal judge in Phoenix the day before the law was to take effect on July 29, 2010.
The U.S Justice Department sued to block the law, saying it violates the U.S. Constitution because enforcing immigration law is a federal issue. |
49 Poll: Health care law support dips on budget woes
By RICARDO ALONSO-ZALDIVAR, Associated Press
3 mins ago
WASHINGTON – Amid a budget debate that will affect the health care of virtually every family, a new poll finds support for President Barack Obama’s overhaul at its lowest level since passage last year.
But in a ringing defense of Obama’s policies, Medicare chief Donald Berwick pleaded Tuesday for more time on the health care law, and branded a leading Republican plan “unfair and harmful” and “a form of withholding care.”
The Associated Press-GfK poll showed that support for Obama’s expansion of health insurance coverage has slipped to 35 percent, while opposition stands at 45 percent and another 17 percent are neutral. That nearly ties the previous low in September 2009, when after a summer of heated town hall meetings dominated by critics, only 34 percent supported Obama’s approach. |
50 Bachmann stops short of endorsing GOP budget plan
By THOMAS BEAUMONT, Associated Press
Mon Apr 11, 9:50 pm ET
PELLA, Iowa – U.S. Rep. Michele Bachmann said Monday that she supports the ideas behind a GOP budget plan to slash $5.8 trillion in spending over the next decade, but the potential Republican presidential contender stopped short of endorsing the proposal.
The plan from House Budget Committee Chairman Paul Ryan would cut spending in part by making significant changes to Medicare and Medicaid. When asked about the proposal, Bachmann told The Associated Press that she supported the plan “in principle, yes.”
“The aspirational goal of making Medicare and Medicaid sound and secure, yes, I support that,” said Bachman, a favorite among tea party activists. |
51 AP IMPACT: BP buys Gulf Coast millions in gear
By MICHAEL KUNZELMAN, MIKE SCHNEIDER and MELINDA DESLATTE, Associated Press
Mon Apr 11, 9:50 pm ET
NEW ORLEANS – Tasers. Brand-new SUVs. A top-of-the-line iPad. A fully loaded laptop. In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets and other gear – much of which had little to do with the cleanup, an Associated Press investigation shows.
The oil giant opened its checkbook while the crisis was still unfolding last spring and poured hundreds of millions of dollars into Gulf Coast communities with few strings attached.
In sleepy Ocean Springs, Miss., reserve police officers got Tasers. The sewer department in nearby Gulfport bought a $300,000 vacuum truck that never sucked up a drop of oil. Biloxi, Miss., bought 14 SUVs and pickup trucks. A parish president in Louisiana got herself a deluxe iPad, her spokesman a $3,100 laptop. And a county in Florida spent $560,000 on rock concerts to promote its oil-free beaches. |
52 US, Pakistan negotiate CIA, special forces numbers
By BRADLEY KLAPPER, Associated Press
41 mins ago
WASHINGTON – The Obama administration said Tuesday it is negotiating a possible reduction in U.S. intelligence operatives and special operations officers in Pakistan as the two countries try to mend relations badly strained by the arrest and detention of a CIA security contractor for killing two Pakistanis.
State Department spokesman Mark Toner said the 300-member contingent is helping train the Pakistani military. The U.S. wants to maintain the program and is having conversations with Pakistani authorities about requirements and force levels, he said.
“We want to keep that program alive,” Toner told reporters. “We think it’s important.” |
53 FTC urged to halt Your Baby Can Read ads
By DAVID CRARY, AP National Writer
1 hr 4 mins ago
NEW YORK – An advocacy group is asking the Federal Trade Commission to halt ads for a widely promoted product line called Your Baby Can Read, saying the claims of teaching infants to read are false and deceptive.
The complaint was filed Tuesday by the Boston-based Campaign for a Commercial-Free Childhood, which has led a series of campaigns against what critics call the “genius baby” industry.
Your Baby Can Read – which consists of interrelated videos, flash cards and books – was developed in the late 1990s by Robert Titzer, an educator with a Ph.D in human performance from Indiana University. More than 1 million families have used the product since then, according to Titzer’s Carlsbad, Calif.-based company, Your Baby Can LLC, which advertises it extensively on TV, at exhibitions, and on its own website, Facebook page and YouTube channel. |
54 Sources: Predator drone may have killed US troops
BY PAULINE JELINEK and LOLITA C. BALDOR, Associated Press
2 hrs 47 mins ago
WASHINGTON – The military is investigating what appears to be the first case of American troops killed by a missile fired from a U.S. drone.
The investigation is looking into the deaths of a Marine and a Navy medic killed by a Hellfire missile fired from a Predator after they apparently were mistaken for insurgents in southern Afghanistan last week, two senior U.S. defense officials said Tuesday. The officials spoke on condition of anonymity because the investigation is ongoing.
Unmanned aircraft have proven to be powerful weapons in Afghanistan and Iraq and their use have expanded to new areas and operations each year of those conflicts. Some drones are used for surveillance and some, such as the drone in this case, are armed and have been used to hunt and kill militants. |
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