Aaron's Daily WWW Newspaper

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This edition was generated on Wed Dec 7 08:45:02 EST 2011

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

  • US Treasury Secretary Timothy Geithner briefs the media during a news conference with German Finance Minister Wolfgang Schaeuble after a meeting at the finance ministry in Berlin, Tuesday, Dec. 6, 2011.  (AP Photo/Markus Schreiber)
    Geithner sees progress in Europe AP - 3 hrs ago

    U.S. Treasury Secretary Timothy Geithner said Wednesday he is very encouraged with the progress Europe is making in coming up with a plan to shore up the euro in the wake of a crippling debt crisis. More »Geithner sees progress in Europe

    US Treasury Secretary Timothy Geithner briefs the media during a news conference with German Finance Minister Wolfgang Schaeuble after a meeting at the finance ministry in Berlin, Tuesday, Dec. 6, 2011.  (AP Photo/Markus Schreiber)

    U.S. Treasury Secretary Timothy Geithner said Wednesday he is very encouraged with the progress Europe is making in coming up with a plan to shore up the euro in the wake of a crippling debt crisis.

  • Former Illinois Governor Rod Blagojevich and his wife Patti leave their home heading to federal court for his sentencing hearing in Chicago, Tuesday, Dec. 6, 2011.   Blagojevich was convicted earlier this year on 18 corruption counts, including trying to auction off President Barack Obama's old U.S. Senate seat.    (AP Photo/Paul Beaty)
    With last word, Blagojevich to ask for mercy AP - 4 hrs ago

    With years of freedom hanging in the balance, disgraced former Illinois Gov. Rod Blagojevich on Wednesday gets his final shot at trying to persuade a federal judge not to send him away for a lengthy prison term. More »With last word, Blagojevich to ask for mercy

    Former Illinois Governor Rod Blagojevich and his wife Patti leave their home heading to federal court for his sentencing hearing in Chicago, Tuesday, Dec. 6, 2011.   Blagojevich was convicted earlier this year on 18 corruption counts, including trying to auction off President Barack Obama's old U.S. Senate seat.    (AP Photo/Paul Beaty)

    With years of freedom hanging in the balance, disgraced former Illinois Gov. Rod Blagojevich on Wednesday gets his final shot at trying to persuade a federal judge not to send him away for a lengthy prison term.

  • Opposition demonstrators hold a poster reading "Give back the elections, rascals" during protests against alleged vote rigging in Russia's parliamentary elections in Triumphal Square  in Moscow, Russia, Tuesday, Dec. 6, 2011. Police clashed Tuesday on a central Moscow square with demonstrators trying to hold a second day of protests against alleged vote fraud in Russia's parliamentary elections. Hundreds of police had blocked off Triumphal Square on Tuesday evening, then began chasing about 100 demonstrators, seizing some and throwing them harshly into police vehicles. (AP Photo/Ivan Sekretarev)
    Mikhail Gorbachev calls for a new vote in Russia AP - 39 mins ago

    Russian authorities should annul the parliamentary vote results and hold a new election, ex-Soviet leader Mikhail Gorbachev urged Wednesday as popular indignation grew over widespread reports of alleged election fraud. More »Mikhail Gorbachev calls for a new vote in Russia

    Opposition demonstrators hold a poster reading "Give back the elections, rascals" during protests against alleged vote rigging in Russia's parliamentary elections in Triumphal Square  in Moscow, Russia, Tuesday, Dec. 6, 2011. Police clashed Tuesday on a central Moscow square with demonstrators trying to hold a second day of protests against alleged vote fraud in Russia's parliamentary elections. Hundreds of police had blocked off Triumphal Square on Tuesday evening, then began chasing about 100 demonstrators, seizing some and throwing them harshly into police vehicles. (AP Photo/Ivan Sekretarev)

    Russian authorities should annul the parliamentary vote results and hold a new election, ex-Soviet leader Mikhail Gorbachev urged Wednesday as popular indignation grew over widespread reports of alleged election fraud.

  • This handout provided by Fairfax County, Va. Sheriff's Office shows Randy Babbitt. Babbitt following his arrest for drunken driving in suburban Northern Virginia over the weekend. Babbitt says he will resign as head of the Federal Aviation Administration following his arrest over the weekend on charges of drunken driving. Babbitt said in a statement Tuesday, Dec. 6, 2011, that he didn't want to allow anything to "cast a shadow" on the work done by his colleagues at the FAA. (AP Photo/Fairfax County, Va. Sheriff's Office)
    No. 2 official takes over after FAA chief resigns AP - 1 hr 41 mins ago

    The resignation of the nation's top aviation official places the Federal Aviation Administration under the leadership of Deputy Administrator Michael Huerta, a well-regarded manager who nonetheless lack's his predecessor's … More »No. 2 official takes over after FAA chief resigns

    This handout provided by Fairfax County, Va. Sheriff's Office shows Randy Babbitt. Babbitt following his arrest for drunken driving in suburban Northern Virginia over the weekend. Babbitt says he will resign as head of the Federal Aviation Administration following his arrest over the weekend on charges of drunken driving. Babbitt said in a statement Tuesday, Dec. 6, 2011, that he didn't want to allow anything to "cast a shadow" on the work done by his colleagues at the FAA. (AP Photo/Fairfax County, Va. Sheriff's Office)

    The resignation of the nation's top aviation official places the Federal Aviation Administration under the leadership of Deputy Administrator Michael Huerta, a well-regarded manager who nonetheless lack's his predecessor's insider knowledge of the aviation industry.

  • Newt Gingrich

    Before he steps onto center stage with Newt Gingrich, Mitt Romney might want to ask a doctor to inspect his funny bone. Since Romney first decided to run for president four years ago, he has been beset by criticism that he’s too robotic and flat...

  • U.S. Drone on CIA Mission Before Crashing Into Iran: Officials

    Iran Claimed It Downed Stealth RQ-170 Sentinel, U.S. Officials Say No 'Hostile Activity' Involved

  • U.S. President Obama speaks about the economy and a payroll tax cut compromise at Osawatomie High School in Kansas

    OSAWATOMIE, Kansas (Reuters) - President Barack Obama blasted his Republican foes and Wall Street on Tuesday as he portrayed himself as a champion of the middle class and laid out in the starkest terms yet the populist themes of his 2012 re-election bid. In a speech meant to echo a historic address given by former President …

  • Occupy Our Homes Campaign Launches Against Foreclosures Indoors

    Protesters Say They're Not Using Homes for Shelter

  • Afghans wait for arrival of bodies, who was killed on Monday's suicide attack in Kabul, Afghanistan, Wednesday, Dec. 7, 2011. A suicide bomber slaughtered 56 Shiite worshippers and wounded more than 160 others Tuesday outside a shrine where hundreds had gathered to commemorate the holiday of Ashoura, which honors the death of Imam Hussein, a grandson of the Prophet Muhammad, in 680 A.D. (AP Photo/Musadeq Sadeq)

    Afghanistan's president says that the unprecedented suicide bombing at a Shiite shrine in Kabul originated in Pakistan and is pledging to confront the Pakistani government about the attack.

  • FILE - A foreclosure home for sale is shown in this Aug. 22, 2006 file photo taken in Spring, Texas. If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion said in its annual delinquency forecast issued Wednesday Dec. 7, 2011.   (AP Photo/David J. Phillip, File)

    If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion.

  • Why Congress is warming up to ban on insider trading Christian Science Monitor - 1 hr 26 mins ago

    Legislation to bar members of Congress and staff from trading on insider information, sidelined in Congress since 2005, is suddenly on a fast, bipartisan track.

  • Ex-Penn State assistant football coach Jerry Sandusky could face several accusers after a lawyer for one young man said his client and at least five others were planning to testify at a preliminary hearing next week.

  • U.S. prisoner’s Taliban escape The Daily Beast - 3 hrs ago
    U.S. Prisoner’s Taliban Escape

    In exclusive interviews, Afghan insurgents reveal how Sgt. Bowe Bergdahl, imprisoned by the Taliban in Pakistan since 2009, made a bold bid for freedom—but was quickly recaptured.

  • Atheists Who Go to Church: Doing It for the Children

    Survey Shows Scientists Exposing Their Children to Religion so They Can Make Up Own Minds

  • In this photo taken Monday, Dec. 5, 2011, pedestrians walk around Christmas decorations in on the Rua Augusta, Lisbon's main shopping street. Traditionally the downtown neighborhood streets would be fully decorated with Chrismas lights. The streets of downtown Lisbon are usually ablaze with Christmas lights around this time - but this year the city has put on a somber show that matches the somber mood of austerity. (AP Photo/Armando Franca)

    The streets of downtown Lisbon are usually ablaze with Christmas lights around this time — but this year the city has put on a somber show that matches the somber mood of austerity.

  • Microsoft Corp. co-founder Bill Gates says he is in discussions with China to jointly develop a new kind of nuclear reactor.

  • Alec Baldwin Booted From American Airlines Flight

    Alec Baldwin’s love for a Scrabble-like iPhone game got him “reamed out” on an American Airlines flight today, he said, and led to him being kicked off the plane. “Flight attendant on American reamed me out 4 playing WORDS W FRIENDS while we sat at...

  • In this photo taken on Dec. 1, 2011, Israel's Antiquities Authority archeologist Eli Shukron sweeps marks carved in the bedrock in an archeological excavation in the city of David near Jerusalem's Old City. The mysterious stone carvings made thousands of years ago and recently uncovered in an excavation underneath Jerusalem have archaeologists stumped. (AP Photo/Sebastian Scheiner)

    Mysterious stone carvings made thousands of years ago and recently uncovered in an excavation underneath Jerusalem have archaeologists stumped.

More

Sports News

Yahoo! Reuters Headlines-Sports:

Business News

Yahoo! Reuters Headlines-Business:

  • France's President Sarkozy delivers his speech on the euro zone financial crisis in Toulon
    Economists see France losing AAA in 3 months: Reuters poll Reuters - 32 mins ago

    PARIS (Reuters) - France will lose its AAA credit rating early next year regardless of last-ditch efforts by President Nicolas Sarkozy to resolve the euro zone crisis … More »Economists see France losing AAA in 3 months: Reuters poll

    France's President Sarkozy delivers his speech on the euro zone financial crisis in Toulon

    PARIS (Reuters) - France will lose its AAA credit rating early next year regardless of last-ditch efforts by President Nicolas Sarkozy to resolve the euro zone crisis at an EU summit this week, a Reuters poll of economists showed on Wednesday. The snap survey of 13 economists found that 11 of them think France will be downgraded …

  • Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo
    Olympus board signals it will quit Reuters - 3 hrs ago

    TOKYO (Reuters) - Olympus Corp's board signaled plans to quit over a $1.7 billion accounting fraud, but will likely pick a team of potential successors, triggering a … More »Olympus board signals it will quit

    Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo

    TOKYO (Reuters) - Olympus Corp's board signaled plans to quit over a $1.7 billion accounting fraud, but will likely pick a team of potential successors, triggering a battle for control of the Japanese firm with the former CEO who blew the whistle on the scandal. At a news conference on Wednesday, Olympus said one director …

  • Banks seek to avoid Volcker rule "fire sale" Reuters - 45 mins ago

    WASHINGTON/CHARLOTTE (Reuters) - U.S. banks want regulators to give them more time to liquidate investments in certain private equity funds under the Volcker rule, arguing … More »Banks seek to avoid Volcker rule "fire sale"

    WASHINGTON/CHARLOTTE (Reuters) - U.S. banks want regulators to give them more time to liquidate investments in certain private equity funds under the Volcker rule, arguing that without more leeway they will have to hold "fire sales." The Volcker rule, a part of the 2010 Dodd-Frank financial oversight law that tries to make …

  • Signs advertising open houses for real estate sale are seen in Los Angeles
    Mortgage applications jumped last week: MBA Reuters - 1 hr 26 mins ago

    NEW YORK, Dec 7 - Applications for home mortgages jumped last week, recouping last week's steep decline as interest rates continued to fall, an industry group said on … More »Mortgage applications jumped last week: MBA

    Signs advertising open houses for real estate sale are seen in Los Angeles

    NEW YORK, Dec 7 - Applications for home mortgages jumped last week, recouping last week's steep decline as interest rates continued to fall, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home …

  • Trucks unload shipping containers from a cargo ship at Qingdao port in Qingdao
    China growth to ease as export outlook darkens Reuters - 4 hrs ago

    BEIJING (Reuters) - China's annual rate of export growth slowed in November versus October, Vice Commerce Minister Chong Quan said on Wednesday, confirming market expectations … More »China growth to ease as export outlook darkens

    Trucks unload shipping containers from a cargo ship at Qingdao port in Qingdao

    BEIJING (Reuters) - China's annual rate of export growth slowed in November versus October, Vice Commerce Minister Chong Quan said on Wednesday, confirming market expectations that deteriorating external conditions are dragging on the world's No. 2 economy. Indeed, a combination of high cost pressures at home and lack of …

  • A man walks out from TEPCO headquarters in Tokyo
    Tepco plans $1.3 billion in additional cost cuts: source Reuters - 1 hr 1 min ago

    TOKYO (Reuters) - Tokyo Electric Power Co plans an additional 100 billion yen ($1.3 billion) in cost cuts and is considering selling thermal power plants to help cover … More »Tepco plans $1.3 billion in additional cost cuts: source

    A man walks out from TEPCO headquarters in Tokyo

    TOKYO (Reuters) - Tokyo Electric Power Co plans an additional 100 billion yen ($1.3 billion) in cost cuts and is considering selling thermal power plants to help cover compensation and cleanup costs at its crippled Fukushima nuclear power plant, a source familiar with the situation said on Wednesday. The cost cuts would …

  • Multinational firms placing less importance on China: survey Reuters - 2 hrs 35 mins ago

    SHANGHAI (Reuters) - Multinational companies operating in China are placing less importance on the world's second-biggest economy amid rising local competition and concern … More »Multinational firms placing less importance on China: survey

    SHANGHAI (Reuters) - Multinational companies operating in China are placing less importance on the world's second-biggest economy amid rising local competition and concern over intellectual property (IP) rights, a survey showed on Wednesday. Close to half of 328 companies that took part in the survey conducted by the Economist …

  • German Chancellor Angela Merkel reacts as she arrives at the weekly cabinet meeting  at the chancellery in Berlin, Wednesday, Dec. 7, 2011.  (AP Photo/Markus Schreiber)
    US prods Europe on crisis, publicly and privately AP - 50 mins ago

    U.S. Treasury Secretary Timothy Geithner is darting across Europe with a stark message: The continent's leaders must act quickly and convincingly to defuse a debt crisis … More »US prods Europe on crisis, publicly and privately

    German Chancellor Angela Merkel reacts as she arrives at the weekly cabinet meeting  at the chancellery in Berlin, Wednesday, Dec. 7, 2011.  (AP Photo/Markus Schreiber)

    U.S. Treasury Secretary Timothy Geithner is darting across Europe with a stark message: The continent's leaders must act quickly and convincingly to defuse a debt crisis that is threatening the global economy.

  • US Treasury Secretary Timothy Geithner briefs the media during a news conference with German Finance Minister Wolfgang Schaeuble after a meeting at the finance ministry in Berlin, Tuesday, Dec. 6, 2011.  (AP Photo/Markus Schreiber)
    German official pessimistic over crisis summit AP - 54 mins ago

    Getting European Union leaders to agree by the end of the week on a far-reaching deal to tighten political and economic ties is looking more difficult than just a few … More »German official pessimistic over crisis summit

    US Treasury Secretary Timothy Geithner briefs the media during a news conference with German Finance Minister Wolfgang Schaeuble after a meeting at the finance ministry in Berlin, Tuesday, Dec. 6, 2011.  (AP Photo/Markus Schreiber)

    Getting European Union leaders to agree by the end of the week on a far-reaching deal to tighten political and economic ties is looking more difficult than just a few days ago.

  • FILE - In this Nov. 7, 2011 file photo, trader Anthony Cerar, right, works on the floor of the New York Stock Exchange. World stocks rose Wednesday, Dec. 7, 2011, amid growing optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis that has roiled financial markets for months.(AP Photo/Richard Drew, File)
    Markets rise on hopes for euro plan AP - 1 hr 50 mins ago

    Stocks rallied Wednesday on hopes that a deal to save the euro would be agreed at a summit of European leaders at the end of the week. More »Markets rise on hopes for euro plan

    FILE - In this Nov. 7, 2011 file photo, trader Anthony Cerar, right, works on the floor of the New York Stock Exchange. World stocks rose Wednesday, Dec. 7, 2011, amid growing optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis that has roiled financial markets for months.(AP Photo/Richard Drew, File)

    Stocks rallied Wednesday on hopes that a deal to save the euro would be agreed at a summit of European leaders at the end of the week.

  • FILE - In this June 22, 2004 file photo, Martha Stewart leaves the  Martha Stewart Living Omnimedia Inc. annual shareholders' meeting, in New York. Beginning in February 2013, customers will be able to visit distinct Martha Stewart retail stores inside the majority of jcpenney department stores. These Martha Stewart stores are intended to be destinations where consumers can experience an engaging and inspiring environment and buy a variety of affordable, high-quality home and lifestyle merchandise designed and curated by Martha Stewart and her team. (AP Photo/Mary Altaffer, File)
    JC Penney buying stake in Martha Stewart Living AP - 20 mins ago

    Department store operator J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million and teaming with the media and merchandising … More »JC Penney buying stake in Martha Stewart Living

    FILE - In this June 22, 2004 file photo, Martha Stewart leaves the  Martha Stewart Living Omnimedia Inc. annual shareholders' meeting, in New York. Beginning in February 2013, customers will be able to visit distinct Martha Stewart retail stores inside the majority of jcpenney department stores. These Martha Stewart stores are intended to be destinations where consumers can experience an engaging and inspiring environment and buy a variety of affordable, high-quality home and lifestyle merchandise designed and curated by Martha Stewart and her team. (AP Photo/Mary Altaffer, File)

    Department store operator J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million and teaming with the media and merchandising company on a store-within-a-store and joint web site.

  • Foreigners in China squeezed by pensions, taxes AP - 45 mins ago

    Foreign companies that are looking to China to shore up wilting global sales have been hit by higher payroll taxes, surcharges to subsidize unions and other changes that … More »Foreigners in China squeezed by pensions, taxes

    Foreign companies that are looking to China to shore up wilting global sales have been hit by higher payroll taxes, surcharges to subsidize unions and other changes that are making conditions tougher just as economic growth slows.

  • India backtracks on plan to let in foreign retail AP - 2 hrs 39 mins ago

    India on Wednesday suspended its plan to open its huge retail sector to foreign companies such as Wal-Mart in a reversal seen as a major capitulation to political opponents … More »India backtracks on plan to let in foreign retail

    India on Wednesday suspended its plan to open its huge retail sector to foreign companies such as Wal-Mart in a reversal seen as a major capitulation to political opponents that further weakens the administration.

  • Airlines: 2011 profits down because of oil price AP - 51 mins ago

    Global aviation earnings will likely decline to $3.5 billion in 2012 but those could turn into steep losses exceeding $8.3 billion if the eurozone crisis veers toward … More »Airlines: 2011 profits down because of oil price

    Global aviation earnings will likely decline to $3.5 billion in 2012 but those could turn into steep losses exceeding $8.3 billion if the eurozone crisis veers toward catastrophe, the industry's trade group said Wednesday.

  • FILE - In this Sept. 8, 2008 file photo, a 737 fuselage sits idle on the railroad tracks as striking workers at Boeing Co.'s Renton, Wash. assembly plant staff a picket line. Boeing's unionized machinists will vote Wednesday, Dec. 7, 2011, on a four-year contract extension that would guarantee them work on the new version of the 737 and grant the company years of elusive labor peace.(AP Photo/Ted S. Warren, file)
    Deal could yield years of labor peace for Boeing AP - 5 hrs ago

    Some unionized workers at Boeing say they hope their vote Wednesday on a four-year contract extension augurs a new, peaceful era in their relations with the company. More »Deal could yield years of labor peace for Boeing

    FILE - In this Sept. 8, 2008 file photo, a 737 fuselage sits idle on the railroad tracks as striking workers at Boeing Co.'s Renton, Wash. assembly plant staff a picket line. Boeing's unionized machinists will vote Wednesday, Dec. 7, 2011, on a four-year contract extension that would guarantee them work on the new version of the 737 and grant the company years of elusive labor peace.(AP Photo/Ted S. Warren, file)

    Some unionized workers at Boeing say they hope their vote Wednesday on a four-year contract extension augurs a new, peaceful era in their relations with the company.

  • Saab says its salvage process is in jeopardy AP - 1 hr 48 mins ago

    The owner of Saab Automobile says its court-appointed administrator doesn't think the cash-strapped car company has a future and has applied to end the salvage proce … More »Saab says its salvage process is in jeopardy

    The owner of Saab Automobile says its court-appointed administrator doesn't think the cash-strapped car company has a future and has applied to end the salvage process.

  • Newell Rubbermaid closes $800 million credit pact AP - 8 mins ago

    Newell Rubbermaid Inc. said on Wednesday that it has closed a five-year, $800 million credit agreement to replace a smaller credit pact that had been scheduled to mature … More »Newell Rubbermaid closes $800 million credit pact

    Newell Rubbermaid Inc. said on Wednesday that it has closed a five-year, $800 million credit agreement to replace a smaller credit pact that had been scheduled to mature next November.

  • Administration aims for simpler credit card bills AP - 8 mins ago

    The Obama administration is launching a new project aimed at simplifying credit cards agreements to make them easier to understand. More »Administration aims for simpler credit card bills

    The Obama administration is launching a new project aimed at simplifying credit cards agreements to make them easier to understand.

  • A U.S. flag flies outside an entrance to the New York Stock Exchange
    Exclusive: D.Boerse, NYSE mull spin-off on EU demands Reuters - 10 mins ago

    FRANKFURT (Reuters) - Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust … More »Exclusive: D.Boerse, NYSE mull spin-off on EU demands

    A U.S. flag flies outside an entrance to the New York Stock Exchange

    FRANKFURT (Reuters) - Deutsche Boerse AG and NYSE Euronext could spin off parts of their derivatives arms to create a third-party competitor as a way to allay anti-trust concerns about their $9 billion merger, two sources familiar with the Boerse's thinking said. A spin-off would allow Deutsche Boerse and NYSE to argue …

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When a man plays a woman in a dress, you're halfway there. It's inherently funny. When a woman plays a man, for whatever reason, it's not that instant kind of funny.
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