• Greece fails to elect new president

    Greece fails to elect new president

    17 December 2014 Last updated at 19:58 If parliament cannot agree on a new president by the end of December, snap elections must be called The Greek parliament has failed to elect a new president...
  • Obama announces U.S. to restore diplomatic ties with Cuba

    HAVANA/WASHINGTON (Reuters) – President Barack Obama announced the United States would restore diplomatic relations it severed with Cuba more than 50 years ago, drawing resistance from lawmakers opposed to reconciling with the communist-run island. After...
  • Fed to be ‘patient’ with interest rate hikes

    Fed to be ‘patient’ with interest rate hikes

      The Federal Reserve is going to take its sweet time raising interest rates. And the market couldn’t be happier. The central bank said Wednesday afternoon that it would be “patient in beginning to normalize...
  • Indians’ Kipnis has surgery

    Cleveland, OH (SportsNetwork.com) – Cleveland Indians second baseman Jason Kipnis underwent surgery Tuesday to repair a damaged tendon in his left ring finger. The team said Wednesday that Kipnis was injured during strength and conditioning...
  • Mass grave ‘found in eastern Syria’

    Mass grave ‘found in eastern Syria’

    17 December 2014 Last updated at 18:17 The bodies of more than 230 people believed to have been killed by Islamic State (IS) have been found in a mass grave in eastern Syria, activists say....

Headline News

  • Obama announces U.S. to restore diplomatic ties with Cuba


    HAVANA/WASHINGTON (Reuters) – President Barack Obama announced the United States would restore diplomatic relations it severed with Cuba more than 50 years ago, drawing resistance from lawmakers opposed to reconciling with the communist-run island. After 18 months of secret talks facilitated by the Vatican and Canada, Obama and Cuban President Raul Castro agreed by phone on Tuesday on a prisoner exchange and the opening of embassies in each other’s countries. In a television speech on Wednesday, Obama announced the end of what he called a rigid and outdated policy of isolating Cuba that had been ineffective in achieving change on the island. Obama said the moves were made possible by Havana’s release of American Alan Gross, 65, who had been imprisoned in Cuba for five years. Cuba is also releasing an intelligence agent who spied for the United States and was held for nearly 20 years, and the United States in return freed three Cuban …

    December 17, 2014 3:06 pm
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Politics

  • Republican ousts ex-Gabby Giffords aide in recount for U.S. House seat


    TUCSON, Ariz. (Reuters) – U.S. Representative Ron Barber, an Arizona Democrat and former aide to Gabrielle Giffords, has officially lost his re-election bid to the Republican challenger in November’s congressional elections, a judge certified on Wednesday. A superior court judge declared Martha McSally, a retired Air Force colonel and a pioneer of women’s combat aviation in the 1990s, the winner after a state-mandated recount showed she won by 167 votes in the Nov. 4 election. “There’s no getting around that this was an incredibly close and hard-fought race. After what’s been a long campaign season, it’s time to come together and heal our community,” McSally said in a statement. This was the last seat still being contested following the mid-term elections and gives the Republicans a 247-188 majority in the next House of Representatives. Barber, who has served in Congress since a 2012 special election to replace Giffords, congratulated McSally in a statement and thanked …

    December 17, 2014 3:26 pm
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Stocks

  • Fed to be ‘patient’ with interest rate hikes


      The Federal Reserve is going to take its sweet time raising interest rates. And the market couldn’t be happier. The central bank said Wednesday afternoon that it would be “patient in beginning to normalize the stance of monetary policy” and added that this new language is consistent with earlier statements that it plans to keep interest rates low for a “considerable time,” which it also kept. Oh J-A-N-E-T, I love you so. Investors had been hoping the Fed would keep the “considerable time” phrase in its statement. By doing so, it appears that the Fed is signaling that it is unlikely to begin raising interest rates until sometime in the summer of 2015 or later. During a press conference, Fed chair Janet Yellen said that the Fed may not move to raise rates until after a “couple of meetings” next year. “I believe the dictionary says a couple means two,” she said during a …

    December 17, 2014 2:26 pm
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Sports

  • Ali’s ‘What’s My Name?’ opponent Terrell dies at 75


    (Reuters) – Former heavyweight boxing champion Ernie Terrell, best known for his punishing loss to Muhammad Ali in the famed “What’s My Name?” fight in 1967, has died at the age of 75, the Chicago Sun-Times reported on Wednesday. Terrell, a towering 6-foot 6-inch boxer with an 82-inch reach, had been suffering from dementia and died at his home in Roseland, Chicago on Tuesday. Born in Mississippi, Terrell beat Eddie Machen in 1965 to claim the vacant World Boxing Association heavyweight crown and successfully defended the title in his next two fights before losing it to Ali in a lop-sided bout on Feb. 6, 1967. The pair slugged it out over 15 rounds at the Astrodome in Houston where a fuming Ali made Terrell pay for refusing to call him by his adopted name, instead referring to his birth name of Cassius Clay. In the build-up to the fight, Ali had promised “I’m gonna punish …

    December 17, 2014 3:06 pm
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World News

  • Greece fails to elect new president


    17 December 2014 Last updated at 19:58 If parliament cannot agree on a new president by the end of December, snap elections must be called The Greek parliament has failed to elect a new president in the first of three rounds of voting. The government’s candidate got 160 votes – 40 short of an outright win. If Stavros Dimas fails to get elected after two more voting rounds over the next fortnight, there will be an early general election. Correspondents say that the radical left-wing opposition coalition Syriza is favourite to win in event of a general election. A second presidential vote – in which the winner will also require 200 votes for a victory – will now be held on 23 December. A third vote is scheduled for 29 December. For that election, a total of 180 parliamentary votes would be enough to secure a win. Prime Minister Antonis Samaras says that he remains …

    December 17, 2014 3:06 pm
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Technology

  • 30,000 people bought crap on Black Friday – literally


    Some might say spending money on crap is what Black Friday is all about – but few would expect 30,000 people to literally do that. That’s what happened this year though where, in a (somewhat dirty) protest against consumerism, Cards Against Humanity managed to sell 30,000 boxes of actual bull’s poop for just $6 a time to willing customers. — David Zumini (@davidzumini) December 12, 2014 When @CAH says they’re going to send you bullshit, they’re going to send you bullshit! #noregrets pic.twitter.com/kNptlisgFP For those of you unfamiliar with Cards Against Humanity, it’s a cult card game manufacturer which has built an ardent following based on allowing people to be as taboo or as politically incorrect as they like in order to win the game. The concept is simple: choose the funniest/most offensive answer to a question or to fill a blank space and you win. According to an interview the game’s creators gave to …

    December 17, 2014 11:44 am
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Science

  • Congress Snuck Science into the $1.1 Trillion Omnibus Bill


      It is not all about dollars. Congress also loaded the bill with special instructions, called policy riders, which dictate how government funds must be spent. Because the bill was rushed through just before the government ran out of money, and Congressional leaders did not want another government shutdown if the bill did not pass, lawmakers seized the opportunity to tack on controversial riders that might otherwise have been debated.  A lot of those 11th-hour mandates will affect science and environmental policy. The U.S. Environmental Protection Agency, for example, got $8.1 billion. That’s $60 million less than last year and the agency now has to operate at its smallest budget since 1989. But even that money comes with conditions. Although agriculture is a major source of atmospheric methane, Congress forbade the EPA from using its funds to require farmers to report greenhouse gas emissions from “manure management systems.” And the agency is no longer permitted …

    December 17, 2014 7:43 am
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Health

  • Stent Treatment May Lower Stroke Disability


    WEDNESDAY, Dec. 17, 2014 (HealthDay News) — Using a stent to capture and remove a stroke-causing blood clot is safe and improves recovery, Dutch researchers report. About one-third of patients who had the procedure — called intraarterial treatment — recovered from their stroke with only slight disability and were able to care for themselves, compared with just 19 percent of patients given regular care, the researchers found. “We knew already that we can open up blocked vessels with the treatment, but now we have proof that patients have better outcomes, they actually benefit by being less disabled and less handicapped,” said lead researcher Dr. Diederik Dippel, a neurologist at Erasmus M.C. University Medical Center in Rotterdam. Dippel stressed that to be effective this treatment must be done in the first six hours after stroke symptoms start. And, the sooner the better. Unlike stents used to open blocked heart arteries, which are left in place to …

    December 17, 2014 11:44 am
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Entertainment

  • Justin Bieber Gets Into A Nerf Gun War With Kendall Jenner And Hailey Baldwin


    Posted on Wed Dec 17th, 2014 11:50am PDT       By X17 Staff All these three do is hang out with each other lately! Justin Bieber got into an intense nerf gun war with pals Kendall Jenner and Hailey Baldwin yesterday, and the girls certainly looked sexy as they posed alongside the The Biebs in his Instagram shot. “@kendalljenner why the need for two guns fool and @haileybaldwin good work today we were killin everyone. #nerfwars,” the singer captioned the photo. The Canadian sensation has denied dating either of the models, but that doesn’t mean his ex Selena Gomez isn’t having a complete breakdown over losing him! The “Come Get It” songstress recently threw a fit at bestie Taylor Swift’s 25th birthday, crying over JB while the rest of the partygoers looked on with pity. “She shouted, ‘No one understands me! My boyfriend doesn’t even understand me’,” an insider tells Us Weekly, adding that bystanders — including guest …

    December 17, 2014 3:26 pm
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Editorial

  • Taxation and Income Inequality: How Ferris Bueller’s pals grew up to run the government


    Dec. 9, 2014: Senate Majority Leader Harry Reid of Nev. meets with reporters on Capitol Hill in Washington. (AP) “Anyone know what this is? Class? Anyone… anyone? Anyone seen this before?” In the classic teen film, “Ferris Bueller’s Day Off,” the dorky economics teacher played exquisitely by Ben Stein answers his own question posed to his comatose high school class. ADVERTISEMENT ADVERTISEMENT “The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve you will get exactly the same amount of revenue as at this point.” You hear the excruciating screech of chalk on the blackboard, but never actually see the bell curve being drawn. Instead, the camera focuses on a passed out kid drooling all over his desk. Too bad. Apparently, those somnolent slackers — “pals” of Ferris– grew up to run the government. The Tax Curve According to legend, 40 years ago economist Arthur Laffer sketched out …

    December 17, 2014 11:44 am
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Odd News

  • Over 20,000 bras recalled in Japan due to injury fears


    TOKYO (Reuters) – A Japanese lingerie maker is recalling more than 20,000 brassieres after complaints that underwires suddenly poked out, sometimes while women were wearing them. The Japanese division of lingerie maker Triumph International, which has made a name for itself with concept lingerie such as a solar-powered bra and an “Abenomics” bra that honored Prime Minister Shinzo Abe’s economic revival plan, said they took the move due to fears of injury. “We are sorry for the bother, but we ask customers to stop using the bras immediately,” the company said in a statement, adding that it deeply apologized and would take steps to prevent a recurrence. The recall applies to roughly 22,000 bras ranging in cost from 5,600 to 6,200 yen($48 to $53)and sold only in Japan, a company spokeswoman said. There have been no reports of injuries from the defect, which caused the tips of the underwires to protrude from holes in the …

    December 16, 2014 11:38 pm
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