Archive for November 16th, 2012

Obama, lawmakers hold ‘constructive’ talks on taxes, deficit

November 16, 2012
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Obama, lawmakers hold ‘constructive’ talks on taxes, deficit

President Barack Obama and Republican House Speaker John Boehner share a handshake as “fiscal cliff” talks open …Finally, a bipartisan consensus in polarized Washington! Congressional leaders of both parties emerged from an opening round of “fiscal cliff” talks with President Barack Obama at the White House on Friday describing the negotiations as “constructive.”
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Petraeus says al Qaeda role known early on

November 16, 2012
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WASHINGTON (Reuters) – Former CIA Director David Petraeus told Congress on Friday that he and the spy agency had sought to make clear from the outset that September’s deadly attack on the U.S. diplomatic mission in Benghazi, Libya, involved an al Qaeda affiliate, lawmakers said.
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Earnings schedule for week of 11/19/2012

November 16, 2012
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Major companies tentatively scheduled to report quarterly earnings next week:
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Wall Street rises as Republicans call talks constructive

November 16, 2012
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NEW YORK (Reuters) – Stocks rose on Friday after Republicans said their meeting with Democratic President Barack Obama about the “fiscal cliff” was constructive and that they were prepared to put higher revenue on the table if there were also significant spending cuts.
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Petraeus to testify on Benghazi events

November 16, 2012
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WASHINGTON (Reuters) – Former CIA Director David Petraeus will testify Friday on Capitol Hill about the recent attack on the U.S. diplomatic mission in Benghazi, Libya, but is also expected to be asked about his resignation last week over an extramarital affair.
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Hopes for Israel, Gaza truce quickly dashed

November 16, 2012
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GAZA (Reuters) – Egypt opened a tiny window to emergency peace diplomacy in Gaza on Friday, but hopes for even a brief ceasefire while its prime minister was inside the bombarded enclave to talk to leaders of the Islamist Hamas movement were immediately dashed.
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Growth, U.S. fiscal worries hit shares, but Nikkei gains

November 16, 2012
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LONDON (Reuters) – European shares fell for a third day on Friday as the weak economic outlook, uncertainty over U.S. budget talks and an upsurge of violence in the Middle East weighed on investors.
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Growth, U.S. fiscal worries hit European shares, but Nikkei gains

November 16, 2012
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LONDON (Reuters) – European shares fell for a third day on Friday as the weak economic outlook, uncertainty over U.S. budget talks and an upsurge of violence in the Middle East weighed on investors.
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Signs mount of possible Israeli invasion of Gaza

November 16, 2012
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JERUSALEM (AP) — Israeli aircraft pummeled rocket launching operations of Gaza militants on Friday, and as troops, tanks and armored personnel carriers massed near the Palestinian territory, signaling a ground invasion might be growing near.
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States get extension on Obama health law decision

November 16, 2012
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WASHINGTON/CHICAGO (Reuters) – The federal government on Thursday gave states another month to decide if they will operate insurance exchanges under the new U.S. healthcare law, after some Republican governors stalled in the hope President Barack Obama would lose last week’s election.
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