Mandel Ngan/AFP/Getty ImagesWASHINGTON D.C. – Ten days remain before the mandatory spending cuts and tax increases known as the “fiscal cliff” take effect, but President Obama said he is still a “hopeless optimist” that a federal budget deal can be reached before the year-end deadline that economists agree might plunge the country back into recession.“Even though Democrats and Republicans are...
Dec
21
2013 Smart Guide: Searching for human origins in Asia
Labels: World Read more: "2013 Smart Guide: 10 ideas that will shape the year" Move over Africa. It is where humanity began, where we took our first steps and grew big brains. But those interested in the latest cool stuff on the origins of our...
Kingfisher shares rise on new licence application
Labels: Technology NEW DELHI: Shares in India's grounded Kingfisher Airlines climbed nearly three per cent on Friday on news that the stricken carrier has applied to renew its operating licence.The move came days after Kingfisher, whose liquor baron owner Vijay Mallya has been desperately seeking investment from foreign carriers, said it aims to resume operations in a "phased manner".Kingfisher's shares...
Boehner's Plan B goes down without getting a vote
Labels: LifestyleSTORY HIGHLIGHTSNEW: "The president will work with Congress to get this done," the White House saysThe House Speaker says his Plan B wasn't voted on because it didn't have "sufficient support" A bill to alter cuts did narrowly pass the House; the White House says it would vetoThe fiscal cliff's tax hikes and spending cuts are set to take effect in JanuaryWashington (CNN) -- House Speaker John Boehner's...
Bank robber from daring Chicago jail escape caught after manhunt
Labels: Health CHICAGO One of two bank robbers was arrested late Thursday after a manhunt following the pair's daring escape from a high-rise federal jail in Chicago, the FBI said. FBI spokeswoman Joan Hyde said Joseph "Jose" Banks was captured without incident in Chicago. Agents and officers from the Chicago FBI's Violent Crimes Task Force, along with officers from the Chicago Police Department, arrested Banks...
Fiscal Cliff 'Plan B' Is Dead: Now What?
Labels: Business Dec 20, 2012 11:00pm The defeat of his Plan B — Republicans pulled it when it became clear it would be voted down — is a big defeat for Speaker of the House John Boehner. It demonstrates definitively that there is no fiscal cliff deal that can pass the House on Republican votes alone.Boehner could not even muster the votes to pass something that would only allow...
Dec
20
2013 Smart Guide: New maps to rein in cosmic inflation
Labels: World Read more: "2013 Smart Guide: 10 ideas that will shape the year" We're about to get a better grasp of one of the biggest ideas in the universe: inflation. The first maps of the cosmos from the European Space Agency's Planck satellite are due...
Train service disrupted on NEL due to train fault
Labels: Technology SINGAPORE: Train services on the Northeast Line have been delayed due to a train fault on Thursday.A caller to the MediaCorp hotline said a train has apparently broken down.She said commuters have been told to take the bus to Serangoon station to continue their journey.Delays of up to 20 minutes can be expected in train services in both directions.One commuter said she had been stuck in...
Obama to GOP: 'Take the deal'
Labels: LifestyleSTORY HIGHLIGHTSWhite House threatens to veto Boehner's "plan B"President Obama suggests Republicans are fixated on besting him personallySpeaker Boehner says the House will pass his fallback tax plan ThursdayWithout a deal, everyone's taxes go up in the new yearWashington (CNN) -- After progress earlier this week in fiscal cliff negotiations, President Barack Obama and House Speaker John Boehner...
Senate GOP proposes much smaller Sandy aid package
Labels: Health WASHINGTONSenate Republicans on Wednesday proposed a $24 billion emergency aid package for Superstorm Sandy victims, less than half of what Democrats hope to pass by Christmas. The GOP alternative bill would provide more than enough money to pay for immediate recovery efforts through the spring. Republicans complain that the $60.4 billion Democratic bill being debated in the Senate is larded with...
Subscribe to:
Posts (Atom)
Copyright © News wharfage. All rights reserved.
Design 
