Archives for February 2012

Social issue focus may haunt GOP in fall

MESA, Ariz. (AP) — The longer GOP presidential candidates compete for conservative activists’ favor, the more they risk alienating centrist voters who might feel that arguments over birth control are crowding out talk about how to create jobs. Wednesday’s televised debate highlighted the dilemma. The four contenders engaged in long, sometimes dense discussions of Planned […]

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum, left, makes a point as former Massachusetts Gov. Mitt Romney listens during a Republican presidential debate Wednesday, Feb. 22, 2012, in Mesa, Ariz. (AP Photo/Jae C. Hong)

MESA, Ariz. (AP) — The longer GOP presidential candidates compete for conservative activists' favor, the more they risk alienating centrist voters who might feel that arguments over birth control are crowding out talk about how to create jobs. Wednesday's televised debate highlighted the dilemma. The four contenders engaged in long, sometimes

US stock futures rise as fear wanes over Greece

  NEW YORK (AP) — U.S. stock futures rose Thursday after the government issued a positive report on the number of people filing for unemployment benefits, while fears eased in Europe over the deal to stave off a Greek financial collapse. The Labor Department said new unemployment benefit applications held steady last week at their […]

In this Feb. 21, 2012 photo, traders work on the floor at the New York Stock Exchange. Markets were subdued Thursday, Feb. 23, 2012, as Greece pressed ahead with reforms demanded by its creditors in exchange for crucial bailout cash and as tensions rose in the Persian Gulf over Iran's nuclear program. (AP Photo/Seth Wenig)

  NEW YORK (AP) — U.S. stock futures rose Thursday after the government issued a positive report on the number of people filing for unemployment benefits, while fears eased in Europe over the deal to stave off a Greek financial collapse. The Labor Department said new unemployment benefit applications held steady last week at their lowest

Obama seeks corporate tax rate cut, loophole limit

  WASHINGTON (AP) — President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama’s imprint on one of the most high-profile issues of the presidential campaign. The […]

President Barack Obama, accompanied by Vice President Joe Biden, talks about the importance of the payroll-tax cut and jobless-benefits extension compromise that bi-partisan House and Senate conferees reached last week, Tuesday, Feb. 21, 2012, in the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/J. Scott Applewhite)

  WASHINGTON (AP) — President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama's imprint on one of the most high-profile issues of the presidential

FACT CHECK: Errant claims on auto bailout, taxes

WASHINGTON (AP) — Twenty Republican presidential debates later, the head-scratching claims kept coming. Did Mitt Romney really cut taxes as Massachusetts governor, as he asserted yet again? Or did he raise them by hundreds of millions of dollars, as former Pennsylvania Sen. Rick Santorum alleged? And how could Newt Gingrich have given the nation four […]

Republican presidential candidates, from left, Rep. Ron Paul, R-Texas, former Pennsylvania Sen. Rick Santorum, former Massachusetts Gov. Mitt Romney and former House Speaker Newt Gingrich share the stage during a Republican presidential debate Wednesday, Feb. 22, 2012, in Mesa, Ariz. (AP Photo/Jae C. Hong)

WASHINGTON (AP) — Twenty Republican presidential debates later, the head-scratching claims kept coming. Did Mitt Romney really cut taxes as Massachusetts governor, as he asserted yet again? Or did he raise them by hundreds of millions of dollars, as former Pennsylvania Sen. Rick Santorum alleged? And how could Newt Gingrich have given the nation

Newark mayor seeks probe of NYPD Muslim spying

  NEWARK, N.J. (AP) — The mayor of New Jersey’s largest city called for state authorities Wednesday to investigate a widespread spying operation conducted in Newark’s Muslim neighborhoods by the New York Police Department that he characterized as “deeply offensive.” At about the same time Newark Mayor Cory Booker made his remarks, Gov. Chris Christie, […]

New Jersey Gov. Chris Christie addresses local residents and politicians during a town hall meeting at Palisades Park High School in Palisades Park, N.J.,Wednesday, Feb, 22, 2012, one day after introducing his budget. (AP Photo/The Record of Bergen County, Tyson Trish)

  NEWARK, N.J. (AP) — The mayor of New Jersey's largest city called for state authorities Wednesday to investigate a widespread spying operation conducted in Newark's Muslim neighborhoods by the New York Police Department that he characterized as "deeply offensive." At about the same time Newark Mayor Cory Booker made his remarks, Gov.

US Farmers furious after Iraq stops buying rice

  DAYTON, Texas (AP) — The talk of the day among Ray Stoesser and other rice farmers is Iraq’s decision not to buy U.S. rice, a stinging move that adds to a stressful year punctuated by everything from drought to unusual heat. Stoesser and other farmers know Iraqis struggled during the U.S. invasion and subsequent […]

  DAYTON, Texas (AP) — The talk of the day among Ray Stoesser and other rice farmers is Iraq's decision not to buy U.S. rice, a stinging move that adds to a stressful year punctuated by everything from drought to unusual heat. Stoesser and other farmers know Iraqis struggled during the U.S. invasion and subsequent occupation. They know