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HEADLINES — Tuesday, February 9th, 2010
Cribs Recalled After 3 Deaths Government safety officials Tuesday announced a recall of more than 500,000 drop-side cribs sold at Buy Buy Baby, Kmart, Wal-Mart and other stores after the death of three infants. Natasha T. Metzler, AP NEWS - 11 minutes ago
Former Soldier Sentenced to Prison for Bribery A retired Army master sergeant who pleaded guilty to bribery and money-laundering charges stemming from his time in Iraq has been sentenced to three years and four months in prison. Staff, AP NEWS - 12 minutes ago
Conn. Worker Cites Gas Smell an Hour Before Blast A worker who was in a Connecticut power plant when it exploded on Sunday tells The Associated Press there was a smell of natural gas in the plant less than an hour before the blast. Staff, AP NEWS - 12 minutes ago
Obama: US Developing New Sanctions for Iran The United States is developing a “significant regime of sanctions” after Iran apparently spurned an offer to negotiate over its suspect nuclear program, President Barack Obama said Tuesday. Anne Gearan, AP FEATURES - 15 minutes ago
Paulson Says Nation May Profit From Bank Bailout Former Treasury Secretary Henry Paulson predicted the U.S. government will regain every penny given to the nation’s banks during the economic meltdown and may even profit. Josh Funk, AP NEWS - 15 minutes ago
Solar Capital Shares Drop in Trading Debut Shares of investment company Solar Capital Ltd. dropped in its market debut Tuesday after it raised less money than it had hoped for in a weak market for IPOs. Staff, AP NEWS - 16 minutes ago
Clinton Trip Announced Via Twitter In a first for U.S. diplomacy, the State Department has used Twitter to announce an upcoming overseas trip by Secretary of State Hillary Rodham Clinton. Staff, AP NEWS - 17 minutes ago
Newark Airport Breach Suspect Pleads Not Guilty A lawyer for a Rutgers University graduate student charged with a January security breach at Newark Liberty Airport that led to worldwide flight delays entered a plea of not guilty Tuesday and defended his client as “simply a lovesick man who made a mistake.” Samantha Henry, AP NEWS - 17 minutes ago
Obama Meets With GOP, Says Can Spur Job Growth Appealing for bipartisanship in a town where it’s hard to find, President Barack Obama sat down with Democrats and Republicans Tuesday to spur cooperation on job creation, deficit reduction and health care overhaul. He promised to do his part — but warned he would take Republicans to task if they don’t do the same. Charles Babington, AP NEWS - 17 minutes ago
Clinton Asked to Intervene in Haiti Kidnap Case The U.S.-based lawyer for one of 10 American Baptists charged with child kidnapping in Haiti appealed Tuesday for Secretary of State Hillary Rodham Clinton to personally intervene in the case. Matthew Lee, AP NEWS - 18 minutes ago
Strong Overseas Sales Put Fizz in Coca-Cola’s 4Q International sales again added fizz to Coca-Cola’s fourth quarter, while sales in North America softened, to lift profit 55 percent in the last three months of the year. Emily Fredrix, AP NEWS - 18 minutes ago
Defiant Iran Accelerates Nuclear Program Iran began enriching uranium to a higher level on Tuesday, an acceleration of its nuclear program that was followed by a U.S. threat of a “significant regime of sanctions.” Nasser Karimi, AP FEATURES - 19 minutes ago
ADC Shares Rise on Narrowed 1Q Loss, Upgrade Shares of ADC Telecommunications Inc. rose Tuesday after the networking equipment maker reported a narrower quarterly loss and an analyst upgraded the company, predicting sales growth will resume later this year. Staff, AP NEWS - 21 minutes ago
Swatch Full-Year Net Income Down 9 Pct Swatch Group AG, the world’s largest watchmaker, said Tuesday that net income dropped 9 percent last year, blaming higher gold prices and lower exports due to the global economic downturn and the strong Swiss franc. Staff, AP NEWS - 21 minutes ago
Coca-Cola to Be Served on Alaska Air Flights Coca-Cola products will again be served onboard flights operated by Alaska Air Group Inc. subsidiaries Alaska Airlines and Horizon Air starting March 1. Staff, AP NEWS - 24 minutes ago
Sinatra, Martin to Receive Stars in Las Vegas Sin City is paying homage to iconic singers Frank Sinatra and Dean Martin by giving them each a place on the Las Vegas Walk of Stars. Oskar Garcia, AP NEWS - 29 minutes ago
Electronic Arts Shares Dive After 4Q Forecast Shares of Electronic Arts Inc. tumbled Tuesday after the video game maker offered a disappointing forecast for the quarter. Staff, AP NEWS - 31 minutes ago
Irish Abuse Victims Ask Pope to Replace Bishops Irish victims of Catholic sexual abuse have written to Pope Benedict XVI asking him to take responsibility for the church’s concealment of child molestation by forcing out bishops implicated in the decades of coverup. Staff, AP NEWS - 31 minutes ago
Democrats Unveil Jobs Package Senate Democrats circulated a jobs bill Tuesday that’s light on new initiatives on boosting hiring and heavy with provisions sought by lobby groups like doctors and the satellite broadcasting industry. Andrew Taylor, AP NEWS - 31 minutes ago
Evacuations Under Way for LA-Area Foothills Homeowners in mud-ravaged foothill towns north of Los Angeles packed their cars and fled Tuesday as evacuation orders took hold and a new winter storm approached. Jacob Adelman, AP NEWS - 31 minutes ago
Russian Military Calls US Missile Defense a Threat U.S. missile defense plans are a threat to Russian national security and have slowed down progress on a new arms control treaty with Washington, Russia’s top military officer said Tuesday. Vladimir Isachenkov, AP NEWS - 31 minutes ago
UBS Makes Q4 Profit, But Withdrawals Continue Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but disappointing investors with news that rich clients are still withdrawing large sums of money. Frank Jordans, AP NEWS - 32 minutes ago
White House Mocks Sarah Palin From Podium Even the White House’s top spokesman is getting in on the act of mocking former Republican vice presidential nominee Sarah Palin for looking to talking points written on her palm during a speech to “tea party” activists. Staff, AP NEWS - 32 minutes ago
Pa. Ex-Aide Discusses Sex Life in Corruption Trial A former state legislative aide testifying in a public corruption trial delved into his sex life Tuesday, saying under cross-examination that he had been having problems with sexual performance for which he received medical treatment. Mark Scolforo, AP NEWS - 35 minutes ago
UK Group Urges Elton John to Cancel Israel Show A British academic group that supports Palestinian rights is urging singer Elton John to cancel a summer concert in Israel. Staff, AP NEWS - 35 minutes ago
Police Debate Use of Family DNA to ID Suspects Police in at least two states are increasingly using a DNA crime-solving technique that some legal experts say amounts to guilt by association: If your brother, father, uncle or son has been in trouble with the law and is in a DNA database because of it, you, too, could fall under suspicion. P. Solomon Banda, AP NEWS - 36 minutes ago
Stocks Climb on Hopes for Greece Debt Assistance The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden. Stephen Bernard and Tim Paradis, AP NEWS - 36 minutes ago
Summary Box: IAC Indicates Online Ad Improvement ONLINE ADS: The latest earnings report from Barry Diller’s Internet company, IAC/InterActiveCorp, indicates that the online advertising market is picking up. The Associated Press, AP NEWS - 37 minutes ago
A Look at Global Economic Developments A look at economic developments and activity in major stock markets around the world Tuesday: The Associated Press, AP NEWS - 39 minutes ago
Toyota to Recall Over 50,000 Prius in Europe Toyota in Europe is no where near the hot-selling carmaker it is in the United States. But the troubled auto maker’s miseries have hit home there with the recall of the Prius, which has become something of an icon in environment-conscious Europe. Colleen Barry, AP NEWS - 39 minutes ago
Utah to Consider Second Radioactive Waste Dump The former president of the only facility that can dispose of low-level radioactive waste for 36 states said Tuesday that he wants to open a new disposal facility in Utah. Brock Vergakis, AP NEWS - 47 minutes ago
Sri Lankan Parliament Dissolved Ahead of New Vote Sri Lanka’s president dissolved parliament Tuesday to make way for spring elections a day after authorities arrested a key opposition leader, crippling the only serious threat to the ruling party’s stifling grip on power. Fisnik Abrashi, AP NEWS - 47 minutes ago
Cribs Recalled After 3 Deaths Government safety officials are recalling drop-side cribs sold at Buy Buy Baby, Kmart, Wal-Mart and other stores after the death of three infants. Staff, AP NEWS - 48 minutes ago
American Commercial Lines Shares Soar on 4Q Profit Shares of American Commercial Lines Inc. surged 26 percent Tuesday after the inland barge operator reported a fourth-quarter profit that fell year-over-year but still soared past Wall Street’s expectations. Staff, AP NEWS - 48 minutes ago
White House Hastens Concert to Beat Snow Facing another wintry wallop, the White House decided to move a concert celebrating civil rights music from Wednesday to Tuesday to beat what could be a second crippling storm in a week. Staff, AP NEWS - 50 minutes ago
Obama Speaks Hopefully of Movement on Jobs Bill President Barack Obama says he doesn’t think it’s necessary to get an ideal jobs package out of Congress, but that passing something quickly could build momentum toward greater achievements. Staff, AP NEWS - 52 minutes ago
Obama: US Developing New Sanctions for Iran President Barack Obama says the U.S. is developing a “significant regime of sanctions” in response to Iran’s nuclear program. Staff, AP NEWS - 54 minutes ago
Cops Search San Antonio Landfill for Missing Baby Police began excavating a landfill Tuesday in search of a body or other evidence in the disappearance of an 8-month-old Arizona boy who was last seen with his mother at a San Antonio hotel on the day after Christmas. Michelle Roberts, AP NEWS - 56 minutes ago
Death of Kerrigan’s Father Is Ruled a Homicide The death of the father of Olympic skater Nancy Kerrigan was ruled a homicide Tuesday when an autopsy showed he died of a heart rhythm problem after a fight with his son in which he suffered a neck injury so severe it damaged his windpipe. Denise Lavoie, AP NEWS - 56 minutes ago
Obama Says Both Sides Have to Give on Health Care President Barack Obama’s says he’s willing to start from scratch on health care — as long as the final bill meets his goals. Staff, AP NEWS - 56 minutes ago
Maine Company to Lay 1,100 Miles of Optic Cable A new company is promising to lay 1,100 miles of fiber optic cable across Maine to help expand high speed Internet service to remote parts of the state. Staff, AP NEWS - 56 minutes ago
Fellow NY Democrats Offer Paterson Little Support Silence emanated Tuesday from top Democrats in New York as Gov. David Paterson, already fighting to remain politically viable, fought to lay to rest unconfirmed rumors and news reports of womanizing and drug use. Michael Gormley, AP NEWS - 58 minutes ago
Analyst Initiates VF With a ‘Neutral’ Rating VF Corp.’s stock price is fair, an analyst said Tuesday, adding the apparel maker has few growth prospects this year. Staff, AP NEWS - 58 minutes ago
LAPD: Arrest Made in Killings of Anti-Gang Worker A suspect was arrested Tuesday in the killing of a well-known anti-gang counselor who was shot to death when he confronted a tagger writing graffiti in Los Angeles, police said. Christina Hoag, AP NEWS - 58 minutes ago
Google’s E-Mail Gets Social in Facebook Face-off Google is making it easier to socialize on its e-mail service. It’s unveiling a new “Google Buzz” feature that sets up a face-off with Facebook. Staff, AP NEWS - 58 minutes ago
Another Major Storm Headed to Snowy Mid-Atlantic Snow blew across the Midwest on Tuesday and headed for the hard-hit Mid-Atlantic region, where federal government offices have been closed since last week and utility workers struggled to restore power already knocked out by a weekend blizzard. Brett Zongker, AP NEWS - 59 minutes ago
It’s a Wrap! Hospitals Test New, More Modest Gown The British government is getting behind a plan to replace drafty open-backed hospital gowns with versions that preserve patients' modesty. Staff, AP NEWS - 60 minutes ago