• Top Shelf: DeBoer may take fall for Devils

    Philadelphia, PA (SportsNetwork.com) – There are few people who would place the blame for the New Jersey Devils’ lackluster season entirely on Peter DeBoer. But, at this rate, there may be no other solution than...
  • Sony hack is ‘US security issue’

    Sony hack is ‘US security issue’

    18 December 2014 Last updated at 19:09 A cyber attack on Sony Pictures that forced the cancellation of a major film release is being treated as a national security matter, the White House says. Spokesman...
  • Top 1%: What they made, what they paid

    Top 1%: What they made, what they paid

    What does it take to make it into the top 1%? In 2012, it took at least $435,00 in adjusted gross income to be considered one of the fabled top 1% households, according to the...
  • Di Montezemolo returns to F1 board

    LONDON (Reuters) – Former Ferrari chairman Luca Di Montezemolo is returning to the board of Formula One as a non-executive director along with former Diageo chief executive Paul Walsh, controlling shareholders CVC said on Thursday....
  • US Congress threat to Cuba thaw

    US Congress threat to Cuba thaw

    18 December 2014 Last updated at 16:33 Florida Senator Marco Rubio said President Obama had “appeased the Castro brothers” Opponents of President Barack Obama’s new Cuba policy have threatened to block his efforts to restore...

Headline News

  • Sony hack is ‘US security issue’


    18 December 2014 Last updated at 19:09 A cyber attack on Sony Pictures that forced the cancellation of a major film release is being treated as a national security matter, the White House says. Spokesman Josh Earnest said the US believed the hacking was the work of a “sophisticated actor” – but refused to confirm if North Korea was responsible. Sony withdrew The Interview, a new comedy film about North Korea’s leader, after threats from hackers. Hackers have already released sensitive information stored on Sony computers. They later issued a warning to cinemas planning to screen The Interview. Referring to the 9/11 terror attacks, they said “the world will be full of fear” if the film was screened. The subsequent cancellation of the film’s release has been criticised in Hollywood as an attack on freedom of expression. At a White House briefing on Thursday, Mr Earnest said US officials had held daily discussions about the …

    December 18, 2014 1:17 pm
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Politics

  • Democrat lawmakers warn against investment rules in trade pacts


    WASHINGTON (Reuters) – Some Democrat lawmakers have urged the U.S. administration to exclude foreign investment protections from major free trade agreements, warning they might undermine buffers against future financial crises and hurt public support for trade deals. Rules allowing foreign companies to sue host governments for unfair treatment have become contentious after recent high-profile cases, such as tobacco company Phillip Morris’s challenge to Australia’s plain packaging laws for cigarettes. Senator Elizabeth Warren, a staunch advocate for tougher scrutiny of Wall Street, said such rules would expose “critical” U.S. financial regulations to challenge and dissuade policymakers from writing rules that impact foreign banks. Warren and fellow senators Tammy Baldwin and Edward Markey wrote to U.S. Trade Representative Michael Froman on Dec. 17 urging him not to include investment protection rules in the 12-nation Trans-Pacific Partnership (TPP). “The consequence would be to strip our regulators of the tools they need to prevent the next crisis,” said the …

    December 18, 2014 11:37 am
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Stocks

  • Top 1%: What they made, what they paid


    What does it take to make it into the top 1%? In 2012, it took at least $435,00 in adjusted gross income to be considered one of the fabled top 1% households, according to the latest data from the IRS. That’s a healthy jump from the $389,000 it took the year before, especially considering how low inflation has been in recent years. Related: The 2014 tax breaks you’ll be able to take The number of people admitted to this exclusive club: nearly 1.4 million households. Collectively, the top 1% made about 22% of all income reported in 2012, but paid 38% of total federal income taxes collected. Related: Wealth gap between middle class and rich widest ever On a per-household basis, however, the average top 1%-er paid just under 23% of their income in federal taxes, which was down slightly from the year before — and well below the more than 27% the group was …

    December 18, 2014 12:37 pm
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Sports

  • Top Shelf: DeBoer may take fall for Devils


    Philadelphia, PA (SportsNetwork.com) – There are few people who would place the blame for the New Jersey Devils’ lackluster season entirely on Peter DeBoer. But, at this rate, there may be no other solution than making him take the fall for it anyway. Only two and a half years removed from leading the Devils on a run to the Stanley Cup Finals, DeBoer is surrounded by speculation that he is fighting for his job. I say “speculation” because nobody every really knows what Devils president and general manager Lou Lamoriello is thinking. Is he close to firing his head coach for New Jersey’s brutal start to the season? Or is Lou saving the blame for himself and giving DeBoer a pass? There is no question the Hall of Fame GM needs to take some lumps for the way this current edition of the Devils is built. While it’s been a blast for NHL fans watching …

    December 18, 2014 1:18 pm
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World News

  • Islamabad’s infamous Red Mosque faces protest over school massacre


    Anger in Pakistan at the massacre of 141 people in a school in Peshawar hit Islamabad’s infamous Red Mosque on Thursday as protesters condemned its hardline clerics over their failure to fully condemn the killings. By the standards of civil protests in Islamabad the turnout of nearly 200 was sizeable. But it was the location, which one protester said symbolised “the Taliban mindset”, that was remarkable. Surrounded by a large contingent of riot police, the demonstrators gathered yards from the gates of a building that was the scene of a bloody ten-day siege between extremists and security forces in 2007. Angry and emotional speeches were punctuated by cries denouncing the Red Mosque establishment as friends of the Taliban and traitors. Particular ire was directed against Abdul Aziz, the mosque leader who in a television appearance after the killing of 141 people at the army public school in Peshawar on Tuesday refused to unconditionally condemn the …

    December 18, 2014 1:18 pm
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Technology

  • Minecraft maker plans spin-off game


    18 December 2014 Last updated at 17:49 The spin-off is being made by Telltale Games which has worked on titles with more adult themes than those seen in Minecraft Minecraft maker Mojang is planning a spin-off game based on its hugely popular block-building title. Called Minecraft: Story Mode, it will be an episodic game set in the familiar Minecraft world but will introduce some new characters into the setting. The game is being made by Telltale Games which has produced several other episodic titles. The first episode is due to be released in 2015 on consoles, PCs, Macs and Android devices. So far, little information about what it will be like have been released. Mojang has produced a short browser-based game called Info Quest II to explain what it might be like. In a blogpost, Mojang said the game would be developed with the help of the Minecraft community. It sought to reassure players that …

    December 18, 2014 11:57 am
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Science

  • NASA, SpaceX Update Launch of Fifth SpaceX Resupply Mission to Space Station


    NASA and SpaceX announced today the launch of SpaceX’s fifth commercial resupply services mission to the International Space Station now will occur no earlier than Tuesday, Jan. 6. The new launch date will provide SpaceX engineers time to investigate further issues that arose from a static fire test of the Falcon 9 rocket on Dec. 16 and will avoid beta angle constraints for berthing the Dragon cargo ship to the station that exist through the end of the year. A beta angle is the position of the sun relative to mechanical structures on the space station. During the time of high beta angles, which run from Dec. 28 through Jan. 7, thermal and operational constraints prohibit Dragon from berthing to the station. Space station managers will meet Monday, Jan. 5, for a readiness review in advance of the launch attempt Jan. 6. The launch postponement has no impact on the station’s crew or its complement …

    December 18, 2014 11:58 am
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Health

  • Heart experts warn of air pollution dangers


    (Reuters Health) – Air pollution should be one of the avoidable heart risk factors – just like smoking and excess fat – that doctors warn patients to steer clear of, according to a new statement from 20 heart experts. Citing pollution’s heavy toll on cardiovascular health, the panel urges people to take steps to protect themselves from breathing heavy traffic fumes or industrial air pollution whenever possible, and public officials to pass laws to reduce air pollution. “Cardiovascular disease is a huge global problem, causing immense suffering and premature death, as well as placing severe strain on national healthcare budgets and/or family finances,” said Dr. Robert Storey, a professor of cardiology at the University of Sheffield in the UK and senior author of the new position paper. Air pollution causes more than 3 million deaths worldwide each year and causes 3.1 percent of all cases of disability, Storey and his coauthors write in the European …

    December 18, 2014 11:57 am
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Entertainment

  • Kim Kardashian And Kanye West Enjoy An Early Morning Couples Workout


    Posted on Thu Dec 18th, 2014 10:40am PDT       By X17 Staff The pair that sweats together, stays together! Kim Kardashian and Kanye West woke up bright and early to get some exercise in at Barry’s Bootcamp in L.A., and all people gossiping about marriage trouble between these two are just plain wrong! The pair must be trying to keep their bodies fit before feasting on holiday goodies. We wonder if Kimye and Nori will do their own Christmas, or if they will open presents with Kris Jenner? There are reports the rapper wants to be in Paris, but Kimmy K wants to be with her famous family in L.A. One thing’s for sure – Yeezy is going to shower the reality star with pricey gifts!   SEE THE GALLERY Kim Kardashian And Kanye West Head To A Workout Stories from around the Web

    December 18, 2014 1:37 pm
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Editorial

  • CIA Report, Funding the Government: How can Obama, Congress defy the Constitution?


    When the government is waving at us with its right hand, so to speak, it is the government’s left hand that we should be watching. Just as a magician draws your attention to what he wants you to see so you will not observe how his trick is performed, last week presented a textbook example of public disputes masking hidden deceptions. Here is what happened. Last week was dominated by two huge news stories. One was the revelation by the Senate Intelligence Committee of torture committed by CIA agents and contractors on 119 detainees in the post-9/11 era — 26 of whom were tortured for months by mistake. In that revelation of anguish and error were the conclusions by CIA agents themselves that their torture had not produced helpful information. President Obama acknowledged that the CIA had tortured, yet he directed the Department of Justice not to prosecute those who tortured and those who authorized …

    December 18, 2014 7:55 am
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Odd News

  • NY City council votes to ban sale of bunnies by pet shops


    NEW YORK (Reuters) – What do bunny rabbits have in common with hyenas, wolverines and polar bears? The adorable little creatures are about to join a menagerie of wildlife prohibited for sale by New York City pet shops. The New York City Council voted on Wednesday to outlaw the bunny trade to help curb a glut of unwanted rabbits at city shelters by people who had second thoughts about caring for the cuddly creatures. “Rabbits are sometimes disappointing especially when you buy them for your child,” said Margo DeMello, president of the House Rabbit Society, in Richmond, California, which she described as the world’s largest rabbit shelter. “They’re ground-dwelling and they do not want to be held and carried around by a kid.” Elizabeth S. Crowley, the New York councilwoman who is lead co-sponsor of the bill, said she expected Mayor Bill de Blasio to sign the legislation into law because of the strong support …

    December 17, 2014 11:51 pm
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