Archive for January 17th, 2013

Eyewitness: ‘We’ll kill infidels,’ gunmen told Algeria captives

January 17, 2013
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(Reuters) – Islamist gunmen who seized hundreds of gas plant workers in the Sahara told Algerian staff they would not harm Muslims but would kill Western hostages they called “Christians and infidels”, a local man who escaped said on Thursday.
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U.S. condemns hostage crisis; Clinton to call Algeria

January 17, 2013
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WASHINGTON (AP) — The Obama administration was in the dark Thursday about the hostage situation at a natural gas plant in Algeria, where Algerian forces launched a military assault to free dozens of foreign hostages, including an unknown number of Americans, held by militants who have ties to Mali’s rebel Islamists.
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Legal expenses drag down Citigroup 4Q earnings

January 17, 2013
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Citigroup‘s fourth quarter earnings fell short of Wall Street’s expectations as the bank’s legal expenses rose and it released less money from its loan-loss reserves.
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Citigroup profit hit by more than $2 billion in charges

January 17, 2013
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NEW YORK (Reuters) – Citigroup Inc posted $2.32 billion of charges for layoffs and lawsuits in the first financial report under its new chief executive, Michael Corbat, who cautioned that the bank needs more time to deal with the problems it faces.
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Some hostages reported to escape Sahara siege

January 17, 2013
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ALGIERS/BAMAKO (Reuters) – Some hostages were reported to have escaped from a remote Algerian gas plant on Thursday, where dozens of foreigners and scores of Algerians were seized by Islamist gunmen demanding a halt to a French military campaign in neighbouring Mali.
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Obama’s gun measures face a tough road in Congress

January 17, 2013
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WASHINGTON (AP) — President Barack Obama‘s sweeping gun-control package faces an uncertain future on Capitol Hill, where majority House Republicans are rejecting his proposals while the president’s allies in the Democratic-controlled Senate are stopping well short of pledging immediate action.
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World stock markets stall after series of gains

January 17, 2013
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BANGKOK (AP) — World stock markets stalled Thursday as some investors cashed in their chips following recent rallies, putting aside a Federal Reserve survey that found the U.S. economy improved in 2012 and better-than-expected Wall Street earnings.
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Futures signal mixed Wall Street open

January 17, 2013
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LONDON (Reuters) – U.S. stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 rising 0.1 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures falling 0.1 percent.
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Dreamliners grounded over safety issues

January 17, 2013
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The federal government grounded Boeing‘s newest and most technologically advanced jetliner Wednesday, declaring that U.S. airlines cannot fly the 787 again until the risk of battery fires is addressed.
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‘I don’t see how this plan makes me safe’: Readers react to gun control orders

January 17, 2013
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Student’s blunt cover letter wins kudos
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