Boehner Pulls Plan B Option

In a surprise development late Thursday night, House Speaker John Boehner pulled his so-called "Plan B option" -- an extension of current tax rates for Americans making up to $1 million a year -- from the House floor, admitting that it did not have the support necessary to pass and leaving a resolution to the fiscal cliff in question."The House did not take up the tax measure...

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Syrian rebels fight for strategic town in Hama province

BEIRUT (Reuters) - Rebels began to push into a strategic town in Syria's central Hama province on Thursday and laid siege to at least one town dominated by President Bashar al-Assad's minority sect, activists said. The operation risks inflaming already raw sectarian tensions as the 21-month-old revolt against four decades of Assad family rule - during which the president's Alawite sect...

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Baseball: Ichiro Suzuki inks new 2-year deal with NY Yankees

NEW YORK: Ichiro Suzuki signed a two-year contract with the New York Yankees, giving the Japanese outfielder a chance to crack 3,000 career Major League Baseball hits while wearing Yankee pinstripes.The deal, worth a reported $13 million, allows the Yankees to keep a 39-year-old standout who has been a 10-time All-Star in 12 seasons since coming from Japan. He was obtained by the Yankees...

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Nuclear capable Prithvi-II test successful

BALASORE, (Odisha): India today successfully test-fired its indigenously developed nuclear capable Prithvi-II missile with a strike range of 350 km from a test range at Chandipur near.The surface-to-surface missile was test fired from a mobile launcher in salvo mode from launch complex-3 of Integrated Test Range at about 9:21 AM, defence sources said.The launch of the sophisticated missile, conducted...

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Experts: Kids are resilient in coping with trauma

WASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering...

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State Department security chief leaves post over Benghazi

WASHINGTON (Reuters) - The U.S. State Department said on Wednesday its security chief had resigned from his post and three other officials had been relieved of their duties following a scathing official inquiry into the September 11 attack on the U.S. mission in Benghazi. Eric Boswell has resigned effective immediately as assistant secretary of state for diplomatic security, State Department...

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Temasek raises stake in Olam

SINGAPORE: Temasek Holdings has raised its stake in commodity trader Olam International to 17 percent from 16.3 percent. In a filing with the Singapore Exchange, Olam said Temasek had bought 200,000 shares for S$293,000 from the open market on Tuesday through its investment vehicle Aranda Investments. In an emailed comment to Channel NewsAsia, a Temasek spokesperson said: "We have invested...

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Funds crunch hits war on malaria

NEW DELHI: The amount of funds available for malaria prevention and control globally is less than half what is needed, the World Health Organization (WHO) has said in a report. While it is estimated that $5.1 billion is needed every year between 2011 and 2020 to achieve universal access to malaria interventions, only $2.3 billion was available in 2011. The WHO has blamed this on a slowing down...

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Newtown Shooting: Bushmaster Under Fire

When the private investment firm Cerberus Capital Management announced Tuesday it would unload its interest in Bushmaster – the company that built the weapon used in last week's mass murder of 20 Connecticut first graders -- it marked the beginning of what experts say is likely to be a challenging period for the North Carolina-based weapons manufacturer."They are looking at...

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Inquiry harshly criticizes US State Dept. over Benghazi attack

WASHINGTON (Reuters) - Security at the U.S. mission in Benghazi, Libya was grossly inadequate to deal with a September 11 attack that killed a U.S. ambassador and three others because of failures within the State Department, an official inquiry found on Tuesday. In a scathing assessment, the review cited "leadership and management" deficiencies at two department offices, poor coordination...

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