Archive for February, 2013

Pope bids emotional farewell at St. Peter’s

February 27, 2013
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VATICAN CITY (Reuters) – Pope Benedict bid an emotional farewell at his last general audience on Wednesday, saying he understood the gravity of his decision to become the first pontiff to resign in 600 years but that he had done it for the good of the Roman Catholic Church.
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Al Qaeda moves in: Could North Africa explode?

February 27, 2013
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On the Radar While John Kerry is making Syria the focus of his first international trip, the newly-minted Secretary of State has likely already discovered that Syria is only one among many volatile situations around the world. From the “genocidal type” war in Syria to the growing presence of al Qaeda affiliates in Northern...
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Airbus parent EADS sees Q4 earnings fall

February 27, 2013
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BERLIN (AP) — Airbus parent company EADS NV posted a 47 percent drop in fourth-quarter net profit Wednesday after taking costly charges at its helicopter and defense electronics divisions.
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Centrica’s British Gas faces public wrath as earnings rise

February 27, 2013
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LONDON (Reuters) – Centrica , which owns Britain’s biggest household energy supplier British Gas, sought to justify a 5 percent rise in full-year earnings as it grapples with poor public perception in tough economic times.
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Winter storm slams Great Lakes region

February 27, 2013
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CHICAGO (Reuters) – A powerful winter storm that buried the U.S. Plains moved on Tuesday into the southern Great Lakes region, where it snarled the evening commute in Chicago and Milwaukee, created near-whiteout conditions and forced hundreds of flight cancellations.
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Calif. couple feared missing in Peru found safe on river boat

February 27, 2013
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LIMA (Reuters) – A young California couple feared by family to have been abducted while on a cycling trip through Peru have safely surfaced on a river boat headed for Ecuador, surprised to learn they were subjects of an international search, the Peruvian government said on Tuesday.
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Macy’s profit beats Wall Street expectations

February 27, 2013
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NEW YORK (AP) — Macy‘s reported a fourth-quarter profit that beat Wall Street expectations as its strategy of tailoring merchandise to local markets paid off during the holiday season.
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Italy vote hits world stocks; Bernanke lifts Wall Street

February 27, 2013
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NEW YORK (Reuters) – U.S. stocks jumped on Tuesday after Federal Reserve Chairman Ben Bernanke reassured investors about the continuation of stimulus measures, bucking a downward trend in global equities and oil prices on the uncertainty created by Italy‘s election.
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Hagel confirmed as defense secretary

February 26, 2013
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Hagel confirmed as defense secretary

Former Nebraska Sen. Chuck Hagel testifies at his Senate Armed Services Committee confirmation hearing on Jan. …The Senate on Tuesday voted to confirm former Nebraska Republican Sen. Chuck Hagel as secretary of defense, overcoming a fierce campaign by some GOP lawmakers to block President Barack Obama’s nominee.
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McConnell fires back after ‘race-baiting’ attack on wife

February 26, 2013
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Kentucky Republican Sen. Mitch McConnell’s re-election campaign on Tuesday accused a liberal group of “race-baiting,” after the organization, Progress Kentucky, charged that his Taiwan-born wife, Elaine Chao, had helped send American jobs to China during two terms as labor secretary.
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