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Articles Posted by John W

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  • NASCAR Fantasy League Sign Up Time Is Here

    01/22/2015 11:29:55 AM PST · by John W · 3 replies
    Yahoo | January 22, 2015 | John W
    Group ID# 2669 Group Name Free Republic Racing Group Password jimrob
  • E.C.B. Stimulus Calls for 60 Billion Euros in Monthly Bond-Buying

    01/22/2015 6:38:28 AM PST · by John W · 5 replies
    New York Times ^ | January 22, 2014 | David Jilly & Jack Ewing
    FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an ambitious — though some say belated — attempt to prevent the eurozone from becoming trapped in long-term economic stagnation. The bank’s president, Mario Draghi, said the central bank would begin buying bonds worth 60 billion euros, or about $69.7 billion, a month. That is more spending than the €50 billion a month that many analysts had been expecting. The long-awaited program, known as quantitative easing, comes after inflation in the 19 countries of the eurozone...
  • Some Republicans see areas of common ground in Obama's speech

    01/21/2015 4:22:51 AM PST · by John W · 28 replies
    Yahoo News ^ | January 21, 2015 | Meredith Shiner
    Rank-and-file congressional Republicans leaving the House chamber Tuesday night took a more measured tone in responding to President Barack Obama's State of the Union address, focusing on specific policy areas where they agreed with him, even as their leaders released boilerplate statements panning the speech.
  • Oil Sinks Stocks Again as Iraqi Output Hits Record High

    01/20/2015 9:45:57 AM PST · by John W · 13 replies
    thestreet.com ^ | January 20, 2015 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- Another sharp fall in crude oil prices triggered a broad-based selloff in U.S. stocks on Tuesday, overshadowing earlier positive momentum from a four-day European rally. Crude reversed significant gains on Friday after Iraq reported record levels of oil output and the International Monetary Fund cut its two-year forecast for the global economy. West Texas Intermediate was down 3.8% to $46.83 a barrel by midday. Commodity futures lost Friday's temporary stability as Iraq's oil minister Adel Abdul Mahdi said the country was producing 4 million barrels of crude a day and plans to boost exports. Separately, Iran's...
  • N.S.A. Breached North Korean Networks Before Sony Attack, Officials Say

    01/19/2015 3:38:23 PM PST · by John W · 25 replies
    The New York Times ^ | January 19, 2015 | DAVID E. SANGER and MARTIN FACKLER
    WASHINGTON — The trail that led American officials to blame North Korea for the destructive cyberattack on Sony Pictures Entertainment in November winds back to 2010, when the National Security Agency scrambled to break into the computer systems of a country considered one of the most impenetrable targets on earth. Spurred by growing concern about North Korea’s maturing capabilities, the American spy agency drilled into the Chinese networks that connect North Korea to the outside world, picked through connections in Malaysia favored by North Korean hackers and penetrated directly into the North with the help of South Korea and other...
  • U.S. jobless claims rise to four-month high

    01/15/2015 6:59:08 AM PST · by John W · 14 replies
    Reuters via cnbc.com ^ | January 15, 2015 | Reuters
    The number of Americans filing new claims for unemployment benefits last week increased to the highest level since early September, but the underlying trend continued to point to a strengthening labor market. Initial claims for state unemployment benefits rose by 19,000 to a seasonally adjusted 316,000 for the week ended Jan. 10, the Labor Department said on Thursday. Economists polled by Reuters had forecast claims falling to 291,000 last week. The prior week's data was revised to show 3,000 more claims received than previously reported.
  • Stocks Post Deep Declines as Retail Sales Fall More Than Expected

    01/14/2015 6:53:58 AM PST · by John W · 20 replies
    thestreet.com ^ | January 14, 2015 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- Stock markets opened deep in the red on Wednesday after retail sales in December dropped at a faster-than-expected pace. Headline retail sales dropped 0.9% last month, reflecting the steep decline in gas prices, but far deeper than expectations for a 0.1% drop. Core sales, excluding volatile items such as gas and automobiles, dropped 0.3%. Forecasts were for an increase of 0.5%. The weak consumer spending data upset markets after the World Bank singled the U.S. economy as one of the few chugging along and dragging global growth higher.
  • Dow’s triple-digit gains evaporate amid oil’s slide

    01/13/2015 12:18:16 PM PST · by John W · 21 replies
    marketwatch.com ^ | January 13, 2015 | Anora Mahmudova
    NEW YORK (MarketWatch) — The Dow Jones Industrial Average traded in a 400-point range, turning a 280-point gain into a 120-point loss at session lows, with losses registering across the board. Traders attributed the morning surge in stocks to mostly short-covering action, especially exchange traded funds, noting that volumes for individual stocks were light. As oil prices continued their slide, stocks came under selling pressure once more. February U.S. crude CLG5, -0.56% fell to about $45 a barrel, down 1.3% to a six-year low. The latest decline came after the United Arab Emirates oil minister, Suhail Mohamed Faraj al-Mazrouei, said...
  • U.S. stocks sell off; S&P 500 below 2,000

    01/06/2015 10:53:32 AM PST · by John W · 5 replies
    marketwatch.com ^ | January 6, 2015 | Carla Mozee
    NEW YORK (MarketWatch) — Selling pressure on Wall Street intensified on Tuesday, sending the S&P 500 below the 2,000 level, as slumping oil prices and weaker-than-expected economic reports sent investors running for cover. Tuesday’s selling action comes on the heels of a brutal sell-off on Monday, which saw the closely watched Dow Jones Industrial Average shed 331 points. Investors were scouring for safe industries such as utilities as well as U.S. Treasurys, pushing yields to the lowest levels since the Oct.15 mini-flash crash.
  • U.S. stocks threaten 200-point tumble amid euro, oil turmoil

    01/05/2015 7:26:06 AM PST · by John W · 19 replies
    marketwatch.com ^ | January 5, 2015 | Carla Mozee
    NEW YORK (MarketWatch) — The Dow plunged almost 200 points during early morning trading Monday as concerns about a surging dollar and crude oil — which was hitting five-year lows — weighed heavily on investor sentiment. A dearth of data early in the week, puts the spotlight on oil, which has fallen more than 3% Monday and the euro, as the shared European currency dropped to a nearly nine-year low against the dollar. The U.S. jobs report, due Friday, will be among the market’s key drivers this week as economic data will be scant.
  • Stuart Scott dies at age of 49

    01/04/2015 7:02:19 AM PST · by John W · 73 replies
    espn.com ^ | January 4, 2015 | Steve Wulf
    Stuart Scott, a longtime anchor at ESPN, died Sunday morning at the age of 49. Among the features of the new ESPN studio in Bristol is a wall of catchphrases made famous by on-air talent over the years. An amazing nine of them belong to one man -- from his signature "Boo-Yah!" to "As cool as the other side of the pillow" to "He must be the bus driver cuz he was takin' him to school."
  • Little Jimmy Dickens, Oldest Opry Member, Dies at 94

    01/02/2015 5:13:30 PM PST · by John W · 48 replies
    AP via ABC News ^ | January 2, 2015 | AP
    Little Jimmy Dickens, a diminutive singer-songwriter known for his sense of humor and as the oldest cast member of the Grand Ole Opry, has died. He was 94. Dickens died Friday at a Nashville-area hospital of cardiac arrest after suffering a stroke on Christmas Day, Opry spokeswoman Jessie Schmidt said. Dickens, who stood 4-foot-11, had performed on the Opry almost continuously since 1948. His last performance was Dec. 20 as part of his birthday celebration. He sang "Out Behind The Barn" and delivered his trademark comedy. He had turned 94 a day earlier. "The Grand Ole Opry did not have...
  • Stocks Turn Negative as U.S. Manufacturing Slides to Six-Month Low

    01/02/2015 7:58:31 AM PST · by John W · 16 replies
    thestreet.com ^ | January 2, 2015 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- Stocks tumbled from session highs after the latest manufacturing data showed the sector at six-month lows. Benchmark indexes had jumped at the open on positive sentiment after the stock market's third yearly annual gain lingered in the first trading day of the year. Growth in the manufacturing sector slowed to 55.5 in December, down from 58.7 a month earlier, according to the Institute for Supply Management. Economists had expected a reading of 57.6. "Overall, however, the data continues to show that despite some deterioration in momentum heading into year-end, manufacturing sector growth is showing a solid...
  • For Obama, reunion with pals a link to simpler times

    12/30/2014 7:07:44 PM PST · by John W · 30 replies
    AP via Yahoo News ^ | December 30, 2014 | Josh Lederman
    HONOLULU (AP) — Since returning to his childhood home this month on vacation, President Barack Obama has spent a good part of most days cloistered with three people whose company puts him at ease. They're not his wife and daughters, who came with him, but a trio of pals whose friendship dates back to Obama's high school days in Hawaii. The three men — Mike Ramos, Bobby Titcomb and Greg Orme — are among the few people still in Obama's life who knew him long before he was famous. Although their paths have long since diverged, they've made it a...
  • Staples confirms data breach; up to 1.2M cards affected

    12/19/2014 1:56:37 PM PST · by John W · 32 replies
    cnbc.com ^ | December 19, 2014 | Evelyn Cheng
    CNBCStaples confirmed on Friday a data breach that may have affected more than 1 million cards. An in-house investigation detected malware at some point-of-sale systems at 115 locations, the company said in a press release. Staples has more than 1,400 U.S. retail stores. About 1.16 million cards may have been affected, the release said.
  • Stocks cheer Fed; Dow up 350 points as tech rallies

    12/18/2014 12:49:58 PM PST · by John W · 32 replies
    cnbc.com ^ | December 18, 2014 | Kate Gibson
    U.S. stocks surged on Thursday, extending Wall Street's best day of the year, after the Federal Reserve said it would be patient in increasing interest rates. "The reality is markets were hit with we're not sure what's happening and why, as oil has been acting as something akin to a global interest rate. The good news is the Fed is aware of what is going on, and they want to be friendly, so people are hopefully in better cheer," said Jack Caffrey, equity portfolio manager at J.P. Morgan.
  • Pakistan minister: 84 dead in Taliban attack

    12/16/2014 2:01:54 AM PST · by John W · 57 replies
    AP via Yahoo News ^ | December 16, 2014 | Riaz Khan
    PESHAWAR, Pakistan (AP) — A top Pakistani official says that 84 students have been killed in a Taliban attack on a military-run school in the northwestern city of Peshawar. Pervez Khattak, the chief minister of the province where the attack is underway, says that roughly the same number of students have been wounded. According to Khattak, the 84 killed in the Tuesday attack were all "children" but hospital officials earlier said at least one of the fatalities was a teacher and one security official were also among the dead. Khattak says the fighting is still unfolding at the school.
  • Stocks Tumble in Volatile Session as OPEC Triggers Fresh Oil Freefall

    12/15/2014 9:46:50 AM PST · by John W · 15 replies
    thestreet.com ^ | December 15, 2014 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- OPEC doubled-down on its commitment to current levels of oil production, triggering a fresh selloff in crude prices on Monday. The fall in commodities alongside nerves heading into the Federal Reserve meeting Tuesday pulled stocks lower to start the week. Crude oil prices were falling again after secretary general of OPEC, Abdallah Salem el-Badri, said the oil cartel had not set a fixed oil-price target. Separately, United Arab Emirates oil minister Suhail Al-Mazrouei said the group would stick to production levels even if oil falls to $40 a barrel.
  • Notre Dame women's basketball team wear "I Can't Breathe" shirts

    12/13/2014 12:31:18 PM PST · by John W · 90 replies
    wsbt.com ^ | December 13, 2014 | wsbt.com
    NOTRE DAME - After hundreds of protests broke out across the country over the case of Eric Garner, the Notre Dame women's basketball team joined in the effort. At Saturday's game against Michigan the team wore shirts that read "I Can't Breathe". The phrase comes from the last thing Garner said before he died. According to our partners at the South Bend Tribune: A Notre Dame spokesperson said the decision to wear the shirts was driven by the players, but that the coaches and administration supported the move.
  • US stocks slump to worst weekly loss in more than two years as oil rout continues

    12/12/2014 2:50:14 PM PST · by John W · 32 replies
    AP via TribTown.com ^ | December 12, 2014 | Steve Rothwell
    NEW YORK — A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years. The stock market fell sharply as investors worried that slumping oil demand is signaling that growth outside of the U.S. is weaker than earlier thought. And while consumers and airlines will benefit from lower fuel prices, energy companies will see their earnings suffer. Some may even go out of business.
  • Stocks Sink as No Bottom Is in Sight for Crude Oil Prices

    12/12/2014 6:57:04 AM PST · by John W · 30 replies
    thestreet.com ^ | December 12, 2014 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- Crude oil resumed its selloff on Friday, crushed by market fears that oversupply would further decimate the commodity's value in the face of tepid global demand. Stocks opened Friday in the red, signaling the fourth down day this week. The S&P 500 dropped 0.41%, the Dow Jones Industrial Average fell 0.38%, and the Nasdaq tumbled 0.9%.
  • Crude Oil Takes No Prisoners as Energy Selloff Tanks S&P 500

    12/10/2014 2:10:16 PM PST · by John W · 38 replies
    the street.com ^ | December 10, 2014 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- If investors had hoped stocks had absorbed most of the headwinds associated with lower oil prices, they were sorely disappointed on Wednesday as the commodity crash continued. Crude prices struggled to remain above $60 a barrel with West Texas Intermediate tanking 5.1% to $60.54 a barrel after OPEC warned that demand for oil in 2015 could slow to its lowest point in 12 years. Just as oil futures stabilized midmorning, the commodity sank to new lows after the EIA reported a large increase in oil imports contributed to oversupply in domestic crude oil inventories for the...
  • US stocks drop as global rout gains force

    12/09/2014 7:30:46 AM PST · by John W · 13 replies
    AFP via Yahoo News ^ | December 9, 2014 | AFP
    US stocks moved sharply lower Tuesday in early trade, following global equity markets downward after the Shanghai market plunged on tightened lending requirements.
  • Flights cancelled across Japanese...Mount Aso volcano erupts for the first time in 22 years

    11/28/2014 5:18:10 AM PST · by John W · 18 replies
    Mail Online ^ | November 28, 2014 | Sara Malm
    Dozens of flights have been cancelled across southern Japan after a volcano erupted for the first time in 22 years. Mount Aso, located about 625 miles southwest of Tokyo, on Kyushu island, has been blasting out chunks of magma since Friday morning, causing flight cancellations from Kumamoto, the nearest city, and prompting warnings to stay away from its crater. The volcano has been spewing out lava debris and smoke, shooting plumes of ash a kilometer (3,280 feet) into the sky, The Japan Meteorological Agency said.
  • An Unexpected Jump In New Jobless Claims

    11/26/2014 11:12:06 AM PST · by John W · 33 replies
    etfdailynews.com ^ | November 26, 2014 | Doug Short
    In the week ending November 22, the advance figure for seasonally adjusted initial claims was 313,000, an increase of 21,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 291,000 to 292,000. The 4-week moving average was 294,000, an increase of 6,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 287,500 to 287,750. There were no special factors impacting this week’s initial claims.
  • In Secret, Obama Extends U.S. Role in Afghan Combat

    11/21/2014 6:50:34 PM PST · by John W · 16 replies
    The New York Times ^ | November 21, 2014 | MARK MAZZETTI and ERIC SCHMITT
    WASHINGTON — President Obama signed a secret order in recent weeks authorizing a more expansive mission for the military in Afghanistan in 2015 than originally planned, a move that ensures American troops will have a direct role in fighting in the war-ravaged country for at least another year. Mr. Obama’s order allows American forces to carry out missions against the Taliban and other militant groups threatening American troops or the Afghan government, a broader mission than the president described to the public earlier this year, according to several administration, military and congressional officials with knowledge of the decision.
  • Fed worried about sub-2% inflation 'for quite some time,' minutes show

    11/19/2014 4:15:29 PM PST · by John W · 8 replies
    cnbc.com ^ | November 19, 2014 | Jeff Cox
    Federal Reserve officials are worried that inflation may stay low "for quite some time" despite the central bank's multi-trillion dollar efforts to jump start the economy, according to minutes from the October meeting released Wednesday. Open Market Committee members also discussed just how they should go about raising interest rates as monetary policy normalizes, and expressed some worry over market volatility during the process.
  • NFL suspends Vikings’ Adrian Peterson for at least remainder of season

    11/18/2014 6:20:00 AM PST · by John W · 34 replies
    Reuters via The Globe and Mail ^ | November 18, 2014 | Steve Ginsburg
    WASHINGTON — Minnesota Vikings’ running back Adrian Peterson has been suspended without pay for at least the remainder of 2014 season, the National Football League said on Tuesday. Peterson will not be considered for reinstatement before April 15, the league said in statement, for violating the NFL Personal Conduct Policy in an “incident of abusive discipline that he inflicted on his 4-year-old son.”
  • World economy warning light on red

    11/18/2014 4:09:53 AM PST · by John W · 10 replies
    Associated Press via Fort Wayne Journal Gazette ^ | November 18, 2014 | Danica Kirka
    LONDON – The global economy's problems seem to be multiplying. Hours after the leaders of the world's 20 most developed economies sought to boost confidence by promising to increase global output by $2 trillion over five years, Japan said it had fallen into recession. That leaves the country – the world's third-largest economy – on a long and growing list of troubled economies. China is slowing as well, and Europe can't seem to take off. Among major economies, only the United States and Britain are growing at decent rates, and how long that lasts depends on how much trouble their...
  • DEA stages surprise NFL inspections

    11/16/2014 3:16:59 PM PST · by John W · 43 replies
    espn.com ^ | November 16, 2014 | John Barr
    WASHINGTON -- In an unprecedented step, agents from the federal Drug Enforcement Administration conducted surprise inspections Sunday, targeting the medical and training staffs of visiting NFL teams, in an effort to determine whether they violated federal drug laws governing the handling and distribution of prescription painkillers, "Outside the Lines" has learned. A federal law enforcement official, with knowledge of the investigation, told "Outside the Lines" the inspections were motivated by allegations raised in a May 2014 federal lawsuit, filed on behalf of several prominent NFL players, who allege team physicians and trainers routinely gave them painkillers in an illegal manner...
  • Volcano erupts in Alaska

    11/15/2014 4:57:27 PM PST · by John W · 47 replies
    Airplanes are being warned to avoid airspace near an erupting Alaska volcano as it spews ash 30,000 feet above sea level. The National Weather Service said Saturday ash is being blown to the west and northwest of Pavlof Volcano. Pavlof began erupting three days ago, pushing lava out from a vent near its summit. On Friday, the ash cloud reached 16,000 feet. Alaska Volcano Observatory Geophysicist Dave Schneider says the eruption intensified at 6 a.m. Saturday, sending the ash cloud higher.
  • U.S. using fake cellphone towers on planes to gather data: WSJ

    11/14/2014 4:22:00 AM PST · by John W · 33 replies
    Reuters ^ | November 13, 2014 | Reuters
    (Reuters) - An agency of the U.S. Justice Department is gathering data from thousands of cell phones, including both criminal suspects and innocent Americans, by using fake communications towers on airplanes, the Wall Street Journal reported on Thursday. The program run by the U.S. Marshals Service began operations in 2007 and uses Cessna planes flying from at least five major airports and covering most of the U.S. population, the newspaper said, citing people familiar with the operations. The planes use devices made by Boeing Co that mimic the cell phone towers used by major telecommunications companies and trick mobile phones...
  • Government slashes 2015 Obamacare sign-up forecast by 30%

    11/10/2014 10:03:26 AM PST · by John W · 64 replies
    cnbc.com ^ | November 10, 2014 | Dan Mangan
    So the number "13" apparently is bad luck for Obamacare, too. Federal officials on Monday sought to lower expectations for upcoming enrollment in Obamacare, announcing that they now believe that only between 9 million and 9.9 million people will be enrolled in Affordable Care Act health insurance plans by the end of 2015. That is well below the 13 million people that the Congressional Budget Office has projected for Obamacare enrollment by the end of 2015. Open enrollment for 2015 plans resumes Saturday. The new projection, more than 30 percent reduced from the CBO estimate, comes from the Health and...
  • IRS: Gary schools owe $6.7 million

    11/09/2014 10:15:59 AM PST · by John W · 30 replies
    Post-Tribune ^ | November 8, 2014 | Carole Carlson
    GARY — The Internal Revenue Service is seeking $6.78 million in unpaid payroll taxes from Gary Community School Corp. The IRS has filed two liens in the Lake County Recorder’s Office against the school district. One lien, filed Sept. 3, seeks payment of $5,270,467 for payroll taxes in 2013. The other lien, filed June 24, says the district owes $1,514,529 for part of 2012 and 2013. IRS spokesman Luis Garcia said the agency doesn’t comment on specific taxpayers. “The public document has to speak for itself,” he said. The documents state the IRS is giving notice that taxes, including interest...
  • Obama sends 1,500 troops to Iraq

    11/07/2014 3:36:10 PM PST · by John W · 26 replies
    cnn.com ^ | November 7, 2014 | Stephen Collinson
    Washington (CNN) -- President Barack Obama is sending up to 1,500 more soldiers to Iraq to train Iraqi and Kurdish forces to fight ISIS, in a deployment that would almost double the total number of American troops there to 2,900. The White House said in a statement that it will also ask Congress for another $5.6 billion to fund the fight against ISIS. The troops will not have a combat role, and will operate from bases outside Baghdad and Erbil.
  • US jobless claims drop, four-week average lowest since 2000

    11/06/2014 5:58:52 AM PST · by John W · 15 replies
    Reuters via cnbc.com ^ | November 6, 2014 | Reuters
    The number of Americans filing new claims for unemployment benefits fell more than expected last week, while a reading on U.S. productivity came in better than expected.. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 278,000 for the week ended Nov. 1, the Labor Department said on Thursday. Productivity at U.S. nonfarm businesses increased more than expected in the third quarter, keeping a lid on wage inflation. The Labor Department said on Thursday productivity grew at a 2.0 percent annual rate after expanding at an upwardly revised 2.9 percent pace in the second quarter.
  • ABC News Takes Over ‘The View’ As Ratings Dwindle

    10/30/2014 5:48:56 PM PDT · by John W · 25 replies
    Variety via Yahoo ^ | October30, 2014 | Ramin Setoodeh
    For 18 seasons, “The View” has been one of the crown jewels of ABC Daytime programming block. But in a significant restructuring that could foreshadow the management style of incoming president Ben Sherwood, ABC’s daytime executives are losing oversight of the show, Variety has learned. Starting today, “The View” will be part of the non-fiction branch of programming within ABC News, which produces the documentary series “NY Med.” The talk show will now be in the growing portfolio of ABC News president James Goldston, Sherwood’s right-hand man who helped revamp “Good Morning America.” “Moving ‘The View’ to our non-fiction programming...
  • Crowd Begins to File Out While Obama Speaks in Wisconsin

    10/28/2014 6:12:25 PM PDT · by John W · 70 replies
    The Weekly Standard ^ | October 28, 2014 | Daniel Halper
    As President Obama spoke this evening in Wisconsin, the crowd began to file out. Here's video that captures some folks leaving, even as Obama's voice can be heard in the background.
  • US and UK forces end combat operations in Afghanistan by handing over major bases to local security

    10/26/2014 5:22:31 AM PDT · by John W · 16 replies
    ABC Online ^ | October 26, 2014 | Reuters
    The last US Marines unit and final British combat troops in Afghanistan have officially ended their operations by transferring two crucial military bases to the Afghan military. The American and British flags were lowered and folded up for the final time at the regional headquarters of the international military at Camp Leatherneck in southern Afghanistan. US Marines, British and Afghan soldiers formed a guard of honour, saluting as the national anthems of all three countries were played over a loudspeaker, 13 years after foreign troops intervened in the country to topple the Taliban.
  • Former CNN, CNBC, and Fox News Business Anchor Terry Keenan Dies, at 53

    10/24/2014 9:16:26 PM PDT · by John W · 35 replies
    www.mediabistro.com ^ | October 24, 2014 | Mark Joyella
    Terry Keenan, a former CNN and Fox News anchor, has died. She was 53. Keenan’s sister, Linda, tells TVNewser the cause of death was a massive cerebral hemorrhage. Keenan had been receiving treatment at New York’s Lenox Hill Hospital. A pioneer among women working in financial news, Keenan joined Fox in 2002 from the now-shuttered CNNfn where she’d been since 1998. Before that, Keenan spent three years at CNBC. Her first television job was at CNN, which she joined in 1986. Keenan left Fox News in 2009 to, in her family’s words, “work on her most cherished production: her son...
  • Ben Bradlee, legendary Washington Post editor, dies at 93

    10/21/2014 6:19:06 PM PDT · by John W · 6 replies
    The Washington Post ^ | October21, 2014 | Robert G. Kaiser
    Benjamin C. Bradlee, who presided over The Washington Post newsroom for 26 years and guided The Post’s transformation into one of the world’s leading newspapers, died Oct. 21 at his home in Washington of natural causes. He was 93. From the moment he took over The Post newsroom in 1965, Mr. Bradlee sought to create an important newspaper that would go far beyond the traditional model of a metropolitan daily. He achieved that goal by combining compelling news stories based on aggressive reporting with engaging feature pieces of a kind previously associated with the best magazines. His charm and gift...
  • Federal Housing Finance Agency Unveils Plan to Loosen Mortgage Rules

    10/20/2014 3:18:01 PM PDT · by John W · 19 replies
    The New York Times ^ | October 20, 2014 | DIONNE SEARCEY and PETER EAVIS
    A federal housing regulator on Monday announced a plan that could ease tight credit and allow more people to qualify for mortgages in an attempt to put the nation’s housing market back on track. The plan, announced at a convention of mortgage bankers, includes offering reassurances to lenders that fear they could suffer unpredictable losses on the loans they sell to the government. Separately, plans are in motion to set up programs for borrowers to receive government-backed loans with much smaller down payments than are now required. “We know that access to credit remains tight for many borrowers, and we...
  • CDC Tracking Fliers On Ebola Nurse Amber Vinson's First Flight

    10/16/2014 3:34:11 PM PDT · by John W · 31 replies
    nbcnews.com ^ | October 16, 2014 | Tracy Connor
    Federal health officials will begin tracking passengers who were on the plane Ebola-infected nurse Amber Vinson took from Dallas to Ohio on Oct. 10 — a date when she supposedly did not have symptoms and was not contagious. "We can't rule out that she might have had the start of her illness on Friday," Dr. Chris Braden of the Centers for Disease Control and Prevention said at a Thursday afternoon briefing, citing new information developed by investigators tracing all of Vinson's contacts. "This new information is saying we need to go back now to the flight she took on Friday...
  • Recovery fades, stocks lose about 2% as Dow dips 350 again

    10/15/2014 10:08:47 AM PDT · by John W · 31 replies
    cnbc.com ^ | October 15, 2014 | Evelyn Cheng
    U.S. stocks resumed a decline after shaving early losses on Wednesday as Europe markets closed in the red and weak domestic economic data weighed heavily on markets. In the United States, transports fell about 2 percent in late morning trade led by a decline in airlines on reports that the new Ebola patient flew the day before falling ill. However, analysts said there were no reports of flight cancellations due to the disease. "Ebola is in the background," said Peter Boockvar, chief market analyst at The Lindsey Group. "It feeds generally into global growth concerns."
  • Obama waiting for midterm to name attorney general

    10/14/2014 12:27:13 PM PDT · by John W · 20 replies
    AP via Yahoo News ^ | October 14, 2014 | Nedra Pickler
    WASHINGTON (AP) — President Barack Obama does not plan to announce his choice for attorney general before the November elections, shielding the nomination from the midterm election politics while setting up a potential year-end showdown with the lame duck Senate. Senate Democrats have asked Obama to wait so controversy doesn't arise over whether they will support a specific nominee, and the delay gives Obama more time to consider his options.
  • Opinion: This is the most dangerous stock market since 2008

    10/13/2014 3:22:48 AM PDT · by John W · 32 replies
    marketwatch.com ^ | October 13, 2014 | Michael Sincere
    Volatility has returned to the market. To be specific, the market has rallied, sold off, rallied, and sold off, all in one week. This is ideal for day traders but unnerving for individual investors. It is also a big red warning sign. To refresh your memory, last week every rally failed, so the market ended the week on its lows. Even the October 8th rally of 274 points reversed direction the next day. It was a monster rally based on the FOMC minutes, which revealed member’s concern for global growth. Got that? The market rallied on bad news. In the...
  • Sears says Kmart stores targeted in malware attack

    10/10/2014 5:13:21 PM PDT · by John W · 28 replies
    cnbc.com ^ | October 10, 2014 | rma Allen
    Sears Holdings Corp. said Friday that its Kmart stores were hit with a data breach that compromised some shoppers' debit and credit card information. The company is working with federal authorities and security experts to investigate the matter. The Secret Service confirmed Friday evening that it is investigating the data breach. The investigation indicates that the breach occurred in early September and did not affect kmart.com customers, the statement said.
  • First Whitewater prosecutor says 'serious crimes' were uncovered in probe

    10/08/2014 4:06:28 AM PDT · by John W · 65 replies
    Yahoo News ^ | October 7, 2014 | Michael Isikoff
    The first federal prosecutor to probe the financial dealings of Bill and Hillary Clinton says he was poised to bring high-profile indictments against top Arkansas political and business figures — based in part on testimony from a chief witness against the then president — when he was abruptly replaced by a panel of federal judges, throwing his investigation into turmoil. "I was angry, frustrated and above all disappointed that I was not going to be able to carry through and finish bringing the indictments," writes Robert Fiske, a former U.S. attorney who served as the original independent counsel in charge...
  • Major Markets Close Sharply Lower, Dow Industrials Drop 272 Points

    10/07/2014 1:56:07 PM PDT · by John W · 26 replies
    the street.com ^ | October 7, 2014 | Susannah Lee
    A sell-off on Wall Street Tuesday extended losses into a second straight session. All the major markets lost more than 1.5% as investors worried about how the slowdown in Europe will play out for earnings. The Dow dropped 272 points.
  • Dow Falls 200 Points on Disappointing Economic News, Drop in Airline Stocks Over Ebola Fears

    10/01/2014 10:02:02 AM PDT · by John W · 20 replies
    AP via abcnews.com ^ | October 1, 2014 | Associated Press
    NEW YORK — Dow falls 200 points on disappointing economic news, drop in airline stocks over Ebola fears.