AP - People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.
ContributorNetwork - COMMENTARY | I have said before the most logical step for Ron Paul in this year's presidential campaign would be to run as an independent. Earlier in the campaign, there were some who would have burnt me at the stake for even suggesting such a thought. The general consensus from Paul supporters is there is no way he wouldn't get the GOP nomination to run against Obama.
Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.
ContributorNetwork - COMMENTARY | After tweeting angrily about how Newsweek had run an article about "dumb" critics of Barack Obama by Andrew Sullivan, a "Trig Truther," Sarah Palin has published her own piece in the same magazine about her special-needs son.
AP - Many children stayed home Monday while parents demanded more protection at an elementary school where two teachers are suspected of molesting students in class.
AP - A Missouri teenager who admitted stabbing, strangling and slitting the throat of a young neighbor girl wrote in her journal on the night of the killing that it was an "ahmazing" and "pretty enjoyable" experience — then headed off to church with a laugh.
Reuters - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.
Reuters - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and eventually do away with them altogether, and said the state would pay for the cuts by closing "loopholes."
AP - Long skeptical of Mitt Romney, tea party activists are either warming up to the GOP presidential front-runner or reluctantly backing him after abandoning hope of finding a nominee they like better.
AP - Targeting Iran's economy, the U.S. ordered tough new penalties Monday to further pinch the country's financial system and encourage Israel to give sanctions more time before any military action against Iran's nuclear program.
AP - A former Marine already accused of killing four homeless men was charged Monday with two new counts of murder in the stabbing deaths of his high school friend's mother and older brother.
Reuters - A federal judge on Monday temporarily halted the scheduled execution of a convicted murderer in Mississippi in order to allow a psychiatrist to evaluate the killer.
AP - Alexis McKenzie's mother had mild dementia, but things sounded OK when she phoned home: Dad was with her, finishing his wife's sentences as they talked about puttering through the day and a drive to the store.
AP - Former police detective Stephanie Lazarus was either a heartbroken, jilted lover driven to kill her romantic rival, or she was an innocent woman snared in a web of mishandled scientific evidence.
AP - The court martial for a Marine sergeant accused of hazing a fellow Marine who committed suicide in Afghanistan was delayed Monday after the prosecution asked to expand the details of the charges.
Reuters - Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.
Reuters - About 130 municipal employees in Washington, D.C. may have scammed the city by collecting jobless benefits while still at work, officials said on Monday, in the latest controversy to hit the local government.
Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
AP - People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.
Reuters - Jack Abramoff, the former lobbyist at the center of a U.S. bribery scandal six years ago, said on Monday he does not want to publicly identify former associates because he does not want to see more people hurt.
Reuters - A federal judge has agreed that the man charged with a deadly shooting spree last year that gravely wounded then-Congresswoman Gabrielle Giffords has made "measureable progress" in regaining his mental fitness to stand trial.
AP - A federal judge ruled Monday that the suspect in the Tucson shooting rampage that wounded former Congresswoman Gabrielle Giffords will spend four more months at a federal prison facility where officials are forcibly medicating him.
Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.
AP - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.
AP - Criticism of a Senate campaign ad featuring a young Asian woman talking in broken English about China taking away American jobs grew Monday as some warned it could revive discrimination against Asian-Americans.
AP - Criticism of a Senate campaign ad featuring a young Asian woman talking in broken English about China taking away American jobs grew Monday as some warned it could revive discrimination against Asian-Americans.
ContributorNetwork - COMMENTARY | Some would have us believe the president plays a much smaller role in determining what our economy does than most people believe. I think Americans believe the president has a lot of actual power to correct the economy, and that assumption is incorrect. But many chief executives have used the Oval Office to manipulate change and foster growth that isn't specifically empowered to the presidency.
Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.
California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households.
Reuters - Lawyers for Amanda Knox, who was cleared of murder in October by an Italian court, on Monday asked an appeals court there to overturn her slander conviction as well, a spokesman said.
AP - A bill to speed the nation's switch from radar to an air traffic control system based on GPS technology, and to open U.S. skies to unmanned drone flights within four years, received final congressional approval Monday.
AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households.
AP - For decades, tourists visiting this popular Adirondack village could gape at the skeletons of soldiers from nearby French and Indian War sites. Then in 1993, a somber reburial ceremony was held to finally put the remains to rest.
AP - After paying $16 to file a one-page claim to an empty, $340,000 home in an upscale Dallas suburb, Kenneth Robinson moved in furniture, hung a "No Trespassing" sign in the front window and invited television cameras inside for a tour.
AP - A tent city that's among the longest-lived Occupy protest encampments is coming down as part of a new wave of eviction orders against demonstrators aligned with the movement in communities including Miami, Washington and Pittsburgh.
AP - Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said Monday that it has laid off workers in Delaware and California.
Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.
AP - Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax?
ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.
Reuters - About 130 Washington DC municipal employees may have scammed the city by collecting jobless benefits while still at work, the District of Columbia said on Monday, in the latest scandal to hit the local government.
Reuters - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
AP - Republican presidential candidate Newt Gingrich says his consulting group never lobbied for clients. But his business hired state and federal lobbyists to work with clients, and some staff left to take lobbying jobs, according to lobbying disclosures and corporate reports.
Reuters - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden.
AP - Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe's financial troubles could have on the global economy.
AP - Money donated by the nation's most chartable people is starting to catch up with pre-recession giving, thanks in part to some very large bequests from a few donors.
WASHINGTON, Feb. 6 (UPI) -- California and New York appear ready to join in an agreement with national banks to settle widespread foreclosure processing abuses, officials said.