Headline News

  • Obama administration to unveil stricter fuel regulations for trains: WSJ


    (Reuters) – The administration of U.S. President Barack Obama is expected to announce new regulations related to more stringent safety standards on trains carrying flammable fuels on Wednesday, the Wall Street Journal reported citing a source on Capitol Hill familiar with the process. Reuters had earlier reported that the Obama administration was due to unveil a suite of safety reforms that would rewrite standards conceived long before the rise of the shale oil renaissance. The rules are expected to be announced on Wednesday morning by U.S. Transportation Secretary Anthony Foxx, according to the Wall Street Journal. (on.wsj.com/1rzwrF1) (Reporting by Narottam Medhora in Bangalore; Editing by Lisa Shumaker)

    July 22, 2014 8:04 pm
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Politics

  • U.S. Senate Democrats want to cut $1 billion from Obama border request


    WASHINGTON (Reuters) – U.S. Senate Democrats are proposing to cut $1 billion from President Barack Obama’s $3.7 billion emergency funding request to deal with a surge of some 57,000 undocumented Central American children across the southern border, a Senate Democratic aide said on Tuesday. Obama on July 8 asked lawmakers to approve $3.7 billion to bolster border security and speed deportation proceedings, but Congress has yet to take action on the request. At a luncheon on Tuesday, Senate Democrats discussed what their response should be. Senate Majority Leader Harry Reid gave no details of the proposal Democrats are coalescing around, which is expected to be unveiled on Wednesday by Senate Appropriations Committee Chairwoman Barbara Mikulski. After the lunch, Reid, a Democrat, told reporters he hoped lawmakers could take action on Obama’s request before starting August recess in about 10 days. “These agencies are going to run out of money in mid-August,” Reid said. The Senate …

    July 22, 2014 5:21 pm
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Stocks

  • Gun maker relocates fearing stricter state laws


    The gun manufacturer said that is “very worried” about keeping a factory in Maryland. The fear of stricter state gun laws is pushing Beretta USA to move all of its manufacturing from Maryland to Tennessee. The gun manufacturer said Tuesday that it is “very worried” about keeping a factory in Maryland. While proposed gun laws that would have closed most of Beretta’s operations failed to pass the state’s legislature last year, the company is worried that even tougher legislation could be successfully pushed through in the future, said spokesman Jeff Reh. Beretta makes approximately 1,500 weapons each day. The company produces a wide range of firearms from hunting rifles to pistols. While it will keep administrative offices in its facility in Accokeek, Md., all manufacturing capabilities will be relocated to a new plant in Gallatin, Tenn. in 2015. The move leaves 90 jobs in Maryland, but shifts 160 jobs to the new facility, Reh said. …

    July 22, 2014 8:03 pm
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Sports

  • A’s, Oakland agree to 10-year lease extension


    Oakland, CA (SportsNetwork.com) – The Athletics and the Oakland City Council announced a 10-year lease extension agreement that could have the team continue to play its games at O.co Coliseum. The final hurdle will come from the Alameda County Board of Supervisors on July 29, but the deal should receive swift approval. “We are pleased to hear today that the A’s owners are agreeing to the terms the City Council approved last week for a 10-year lease extension,” Oakland mayor Jean Quan and City Council president Pat Kernighan said in a joint statement. “We want to thank the team’s ownership, our colleagues at the County of Alameda, our negotiators and everyone at the City of Oakland who has worked tirelessly on our shared priority of keeping the A’s here at home. “Once the A’s ownership and the County have approved the deal, we look forward to moving on to talking about the bigger goal: building …

    July 22, 2014 8:04 pm
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World News

  • Tajik spy charge academic freed


    22 July 2014 Last updated at 22:31 Footage from Alexander Sodiqov’s interrogation appeared on Tajik TV shortly after his capture A Tajik academic held for over a month on suspicion of espionage has been released on bail, the BBC’s Tajik service reports. Alexander Sodiqov was working on a project for Britain’s Exeter University when he was arrested in the town of Khorog near the Afghan border. Mr Sodiqov, who cannot leave his home under bail conditions, said he was treated well during his detention. “I am home, I am happy. I am with my family members” he said. Supporters of Mr Sodiqov, a Tajik national, have campaigned for his release since his arrest on 16 June. He was working on a research project on conflict management in Central Asia for Exeter University when he was detained. The following day Tajik media reported that Mr Sodiqov was being investigated on suspicion of espionage for an unnamed …

    July 22, 2014 8:03 pm
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Technology

  • Microsoft profit falls on Nokia loss


    22 July 2014 Last updated at 23:00 Last week, Microsoft said it would lay off 18,000 workers, most of them from its Nokia handset division Technology giant Microsoft reported a 7% fall in profit during the second quarter. The company said profit during the March to June period was $4.6bn (£2.7bn), compared with $4.97bn during the same period last year. Microsoft said its Nokia division, which it acquired in April, lost $692m. Last week, Microsoft announced it would cut 18,000 jobs – the biggest round of job cuts in the company’s 39-year history. Around 12,500 of those positions will be eliminated in the Nokia phone business. “We are driving growth with disciplined decisions, bold innovation, and focused execution,” said chief executive Satya Nadella in a statement, choosing to focus on revenues from Microsoft’s cloud division, which he said were set to double to $4.4bn this year. Shares in Microsoft were mostly flat in trading after …

    July 22, 2014 5:21 pm
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Science

  • Viral therapy could boost limb-saving cancer treatment


    Viruses designed to target and kill cancer cells could boost the effectiveness of chemotherapy to the arms and legs and help avoid amputation, a new study reports. Scientists at The Institute of Cancer Research, London, tested the effectiveness of a genetically engineered version of the virus used to vaccinate against smallpox. They found use of the virus alongside isolated limb perfusion chemotherapy — given directly to blood vessels supplying the affected arm or leg as an alternative to amputation — was more effective in rats than either treatment on its own. The study, published in the International Journal of Cancer, was funded by the Dr Lucy M Bull Lectureship and Research Fund and supported by the NIHR Biomedical Research Centre at The Royal Marsden NHS Foundation Trust and The Institute of Cancer Research (ICR), with additional funding from The Royal College of Surgeons of England and Sarcoma UK. Researchers at the ICR, in collaboration with …

    July 22, 2014 5:41 pm
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Health

  • Puma says cancer drug meets trial goal, shares soar


    (Reuters) – Puma Biotechnology Inc said its experimental cancer drug met its main goal in a late-stage trial, sending its shares up about 186 percent in extended trading. The drug neratinib, codenamed PB272, is being studied as a potential adjuvant treatment for breast cancer. Adjuvant treatment, or additional treatment, is given after the primary treatment. Treatment with neratinib showed a statistically significant improvement in disease-free survival of 33 percent versus patients who on placebo, according to the trial data. The patients were treated with neratinib after adjuvant treatment with the cancer drug trastuzumab in women with early-stage HER2-positive breast cancer. Puma said it intends to file for marketing approval in the first half of 2015. Shares of the company were had closed at $59.03 on the New York Stock Exchange on Tuesday. (Reporting by Shailesh Kuber; Editing by Joyjeet Das)

    July 22, 2014 5:21 pm
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Entertainment

  • Selena Gomez Celebrates Her 22nd Birthday With Hot New Hookup Tommy Chiabra


    Posted on Tue Jul 22nd, 2014 3:59pm PDT Selena Gomez turns 22 today, and rather than moping about her recent split from Justin Bieber, the singer/actress celebrated by hanging out with her hot new beau Tommaso “Tommy” Chiabra on a yacht in St. Tropez! Chiabra, 28, is the founder of Royal Yacht Supplies, and though he was linked to Gossip Girl actress Jessica Szohr in June, it certainly seems as though he’s hooking up with Selena this month! Selena laughed and wrapped her arms around Tommy when the two hopped on a jet ski together, and later they were seen holding hands and sharing the same towel while drying off. Get it, girl! Selena was also joined by bad girl supermodel Cara Delevingne and several other bikini-clad babes, and last night the ladies dined at Villa Romana in St Tropez. Bieber may be hooking up with random chicks and posting Instagram photos of Guess models, …

    July 22, 2014 8:03 pm
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Editorial

  • MH17 shoot down: Here’s what we need to do next with Putin, Ukraine


      The tragic death of 298 people on board Malaysian Airlines flight 17 in a wheat field in eastern Ukraine marks a moment when words of disapproval and expressions of grief are not enough. This is a moment when action must follow the outrage and rhetorical condemnation.  I believe this is a defining event in history. ADVERTISEMENT ADVERTISEMENT It is a defining event for Russia and its President Vladimir Putin. It is no secret that Putin has imperial ambitions, motivated by his pathological insecurities and a quest to restore lost glories. These are dangerous delusions that, if not confronted firmly, will come to threaten us all. This is an opportunity for American leadership, in step with our European allies, to spur the community of nations to act together and be a force for good. It is a defining event for the United States and the European Union. The festering danger in Ukraine is a result …

    July 22, 2014 5:21 pm
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Odd News

  • Mysterious white flags replace U.S. stars and stripes on Brooklyn Bridge


    NEW YORK (Reuters) – New Yorkers awoke to find two white flags hung in place of the American flags that traditionally flutter atop the Brooklyn Bridge on Tuesday morning, baffling city officials, police and onlookers. Two U.S. flags usually decorate the towers of the iconic bridge, which opened in 1883, but on Tuesday morning on they had been replaced with stark white flags that, on closer inspection, appeared to be the stars and stripes with all the color bleached out, police said. The white flags have since been taken down, and the red, white and blue ones restored. “This may be somebody’s art project or may be somebody’s attempt at making some kind of statement,” John Miller, the deputy commissioner for intelligence and counter-terrorism, said at a press conference, “but it’s not clear what that statement is.” Video camera footage shows several people, including some four or five people in a group, crossing the bridge …

    July 22, 2014 5:41 pm
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