Ohio newborn killed by family pit bull mix dog
By admin | May 18, 2012
CLEVELAND (Reuters) – A 3-day-old girl died hours after being bitten on the head by a pit bull mix dog as she sat in an infant swing at her family’s home in Ohio, authorities said on Friday. No arrests were pending in the death on Thursday of Makayla Darnell, said Chief Deputy James Everett of the Allen County Sheriff’s Office in northwestern Ohio. The dog, a combination of a pit bull and another breed, was placed in a 10-day quarantine. …
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Judge might split Guantanamo trial of 9/11 suspects
By admin | May 18, 2012
MIAMI (Reuters) – A U.S. military judge is considering splitting up the trial of five Guantanamo prisoners accused of plotting the September 11 attacks because of conflicts in scheduling and strategy, lawyers in the case said on Friday. The defendants, including the professed mastermind of the hijacked plane attacks, Khalid Sheikh Mohammed, are to appear in court at the Guantanamo Bay U.S. naval base in Cuba on June 12 for the next pretrial hearing in the death penalty case. …
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MF Global to get $168 million back from JPMorgan
By admin | May 18, 2012
NEW YORK (Reuters) – JPMorgan Chase & Co , under scrutiny for its ties to collapsed commodities firm MF Global, will return $168 million to the estate of MF’s broker-dealer, the estate’s trustee announced on Friday. James Giddens, tasked with winding down the estate and recovering as much money as possible for its trader clients who lost money when the firm went bust, said JPMorgan will return “excess collateral” that was held in its estate when the bankruptcy began. …
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Convicted of hate crime, former Rutgers student gets gay support
By admin | May 18, 2012
NEW YORK (Reuters) – The former Rutgers University student convicted of hate crimes for spying on his roommate’s gay tryst is drawing support from a surprising group before his sentencing on Monday: gay advocates. Tyler Clementi, 18, committed suicide in 2010 after learning that Dharun Ravi used a computer-mounted camera to see him kissing his older man in their dorm room and used social media to encourage others to watch. …
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Arizona towns at risk as wildfires hit Southwest
By admin | May 18, 2012
PHOENIX (Reuters) – An Arizona wildfire threatened two more towns on Friday, with high winds on the way, as firefighters made progress against the largest of several fires spreading across the U.S. Southwest. More than 1,000 firefighters in Arizona and Colorado were battling five major blazes that have consumed more than 55 square miles (142 square km) of ponderosa forest, brush and grass, and a new blaze erupted in Utah on Thursday. …
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Pilot killed in military jet crash in Southern California
By admin | May 18, 2012
LOS ANGELES (Reuters) – A military jet crashed into a farm field near a naval station in Southern California on Friday, killing the pilot who was the only person on board, a fire department spokesman said. The pilot was in a Hawker Hunter jet owned by a company that contracts with the military to offer planes for training, Ventura County Fire Department spokesman Steve Swindle said. …
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Messy Facebook debut marks weak day on Wall Street
By admin | May 18, 2012
NEW YORK (Reuters) – U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the social networking giant, were volatile in the busiest day ever for a trading debut. After early gains of more than 10 percent, Facebook shares fell back to the $38 issue price, ending up just 0.6 percent at $38.23. It was the Nasdaq’s most actively traded stock, with more than 566 million shares traded. …
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Nasdaq to resolve early Facebook orders through matching process
By admin | May 18, 2012
(Reuters) – Nasdaq OMX said it intends to reach a resolution for Facebook Inc orders entered from 11 a.m. to 11:30 p.m. ET through an “offline matching process.” Firms that had questions regarding executions would have to submit requests to Nasdaq by 5 p.m. (Reporting By David Gaffen)
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Retail rent on Manhattan’s Fifth Avenue soars
By admin | May 18, 2012
NEW YORK (Reuters) – The price for staking ground on Manhattan’s Fifth Avenue jumped 22 percent in the past year, spurred by a record number of tourists spending their dollars at top U.S. and international retailers on America’s most coveted shopping ground. The asking rent for street-level stores on Fifth Avenue between 50th and 59th streets rose to $2,750 per square foot this spring, the Real Estate Board of New York said in a report released Friday. …
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Messy Facebook debut marks weak day on Wall Street
By admin | May 18, 2012
NEW YORK (Reuters) – Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the social networking giant, were volatile in the busiest day ever for a trading debut. After early gains of more than 10 percent, Facebook shares fell back to the $38 issue price, ending up just 0.6 percent at $38.23. It was the Nasdaq’s most actively traded stock, with more than 566 million shares traded. …
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Wheat jumps again on worries about dry weather
By admin | May 18, 2012
Wheat futures are soaring again as more concerns about dry weather hit the market.
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Wall Street ends down after sloppy Facebook debut
By admin | May 18, 2012
NEW YORK (Reuters) – Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for markets. Based on the latest available data, the Dow Jones industrial average was down 73.11 points, or 0.59 percent, at 12,369.38. The Standard & Poor’s 500 Index was down 9.64 points, or 0.74 percent, at 1,295.22. The Nasdaq Composite Index was down 34.90 points, or 1.24 percent, at 2,778.79. (Wall Street desk; Editing by Kenneth Barry)
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Jury deliberations in Edwards trial to resume next week
By admin | May 18, 2012
GREENSBORO, North Carolina (Reuters) – Jurors weighing whether former U.S. Senator John Edwards illegally used campaign funds to conceal an extramarital affair when he ran for president headed home on Friday and will resume deliberations next week. A judge let the jury go for the weekend after 5-1/2 hours of discussions. Earlier Friday, jurors asked to review more than a dozen prosecution exhibits. Among the evidence they requested were notes from Rachel “Bunny” Mellon, a wealthy donor to Edwards’ campaign, and testimony from her lawyer, Alex Forger. …
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Health secretary urges contraception compromise
By admin | May 18, 2012
WASHINGTON (Reuters) – The Obama administration’s top health official on Friday took the debate over whether healthcare coverage should include contraceptives to the campus of a Catholic university that has been deeply divided over the administration’s policy. U.S. Health Secretary Kathleen Sebelius, in a speech at Georgetown University a few miles from the White House, praised the new U.S. healthcare law requiring coverage and called for “conversation and compromise. …
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SpaceX test flight to space station seen as milestone
By admin | May 18, 2012
CAPE CANAVERAL, Florida (Reuters) – An Obama administration plan to cut the cost of space flights faces a key test on Saturday when a privately owned rocket lifts off for a practice run aimed at the first private docking at the International Space Station. Space Exploration Technologies’ Falcon 9 rocket and Dragon capsule are scheduled for launch at 4:55 a.m. EDT from Cape Canaveral Air Force Station in Florida. Meteorologists expect good conditions for a launch, but if weather or technical problems force a delay, Falcon 9′s next opportunity to fly would be on Tuesday. …
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MF Global customer deemed "frivolous" in fee fight
By admin | May 18, 2012
NEW YORK (Reuters) – A former MF Global Holdings Ltd customer was rebuked on Friday by a judge for filing “frivolous” court papers attacking the mounting fees of Louis Freeh, the trustee unwinding the company’s bankrupt estate. U.S. Bankruptcy Court Judge Martin Glenn rejected arguments from customer leader James Koutoulas that Freeh should not be allowed to extend a Friday deadline to file financial data about the company. Koutoulas had argued the postponement would allow Freeh, a former FBI director, to rack up unreasonable fees. …
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Thousands protest in Chicago ahead of NATO summit
By admin | May 18, 2012
CHICAGO (Reuters) – An estimated 2,500 people, including hundreds of nurses, protested peacefully in a downtown Chicago plaza under the watchful eye of police Friday, chanting mostly about economic issues that have little to do with the summit of the NATO military alliance starting this weekend. The rally, which Chicago police estimated at about 2,500, was the largest so far in a week of daily protests before representatives from 60 countries arrive for the two-day summit to discuss the war in Afghanistan. …
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U.S. soldier referred for court martial for 2009 Iraq shooting
By admin | May 18, 2012
SEATTLE (Reuters) – A U.S. soldier accused of shooting dead five fellow servicemen at a military clinic in Baghdad in 2009 has been referred to stand trial by military court martial, Joint Base Lewis-McChord said on Friday. Sergeant John Russell, who could face the death penalty if convicted, faces five charges of premeditated murder, one charge of aggravated assault, and one charge of attempted murder. Russell, of the 54th Engineer Battalion based in Bamberg, Germany, is accused of going on a shooting spree at a combat stress center at Camp Liberty, near the Baghdad airport, in May 2009. …
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Wall St ends down after sloppy Facebook debut
By admin | May 18, 2012
NEW YORK (Reuters) – U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for markets. Based on the latest available data, the Dow Jones industrial average was down 73.11 points, or 0.59 percent, at 12,369.38. The Standard & Poor’s 500 Index was down 9.64 points, or 0.74 percent, at 1,295.22. The Nasdaq Composite Index was down 34.90 points, or 1.24 percent, at 2,778.79. (Wall Street desk; Editing by Kenneth Barry)
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Gay marriage spawns big spike in online videos
By admin | May 18, 2012
President Barack Obama’s announcement that he favors same sex marriage led to a huge spike on the video-sharing website YouTube. The announcement resulted in a record number of searches and a rush of users uploading videos on the subject. Gay marriage was also the most popular topic on YouTube’s news and politics category this week.
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