WASHINGTON (Reuters) – President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.The shape and details of Boehner‘s offer were uncertain Saturday night, as was the exact reason the president was prepared to reject it.The source...
Hungary government, central bank in “alliance” from 2013
Label: BusinessBUDAPEST (Reuters) – A leadership change at Hungary‘s central bank next year will allow the government to build a strategic alliance with the bank to boost the economy, Economy Minister Gyorgy Matolcsy said on Saturday.Matolcsy, a member of Prime Minister Viktor Orban‘s government that has often clashed with the bank over policy, also said the bank would have to focus on helping growth and employment...
Nigeria governor, 5 others die in helicopter crash
Label: WorldLAGOS, Nigeria (AP) — A navy helicopter crashed Saturday in the country’s oil-rich southern delta, killing a state governor and five other people, in the latest air disaster to hit Africa’s most populous nation, officials said.Nigeria‘s ruling party said in a statement that the governor of the central Nigerian state of Kaduna, Patrick Yakowa, died in the helicopter crash in Bayelsa state in the Niger...
Dec
14
Microsoft, Motorola file to keep patent case details private
Label: TechnologySEATTLE (Reuters) – Microsoft Corp and Google Inc‘s Motorola Mobility unit have requested a federal judge in Seattle to keep secret from the public various details from their recent trial concerning the value of technology patents and the two companies’ attempts at a settlement.Microsoft and Motorola, acquired by Google earlier this year, are preparing post-trial briefs to present to a judge as he...
How to talk to your children about a school shooting
Label: Health(Reuters) – When parents ask how they can comfort and reassure their children after a tragedy that receives extensive news coverage, the usual advice is to be supportive and reassuring but don’t offer false assurance, experts say.“Children want to know they’re safe and will stay safe. Parents can convey that by what they say and how they behave,” said Dr. Victor Fornari, director of child and adolescent...
Rent ‘to rise faster than prices’
Label: Business14 December 2012 Last updated at 06:35 ETSurveyors are predicting that the cost of renting a home will rise by 4% in 2013, double the predicted rate of UK house price growth.The Royal Institution of Chartered Surveyors (Rics) said that a slight improvement in the UK economy would be reflected in the property price change.But many potential first-time buyers would be squeezed and see rents rise.Lenders...
NKorea rocket launch shows young leader as gambler
Label: WorldPYONGYANG, North Korea (AP) — A triumphant North Korea staged a mass rally of soldiers and civilians Friday to glorify the country’s young ruler, who took a big gamble this week in sending a satellite into orbit in defiance of international warnings.Wednesday’s rocket launch came just eight months after a similar attempt ended in an embarrassing public failure, and just under a year after Kim Jong...
Dec
13
Facebook, Google tell the government to stop granting patents for abstract ideas
Label: TechnologyFacebook (FB), Google (GOOG) and six other tech companies have petitioned the courts to begin rejecting lawsuits that are based on patents for vague concepts rather than specific applications, TechCrunch reported. The agreement, which was cosigned by Zynga (ZNGA), Dell (DELL), Intuit (INTU), Homeaway (AWAY), Rackspace (RAX), and Red Hat (RHT), notes the only thing these abstract patents do is increase...
Xi Jinping Hits the Ground Running
Label: BusinessBarely a month after becoming party secretary, Xi Jinping has been busy showing who’s in charge. He has stepped up a crackdown on corruption, ordered officials to cut down on pomp and ceremony, called for improved relations with the rest of the world, and pushed for a stronger military. On his first official trip outside Beijing, Xi, who should assume the presidency in March, visited the freewheeling...
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