Debt panel set to declare failure after failed talks
The biparticle supercommittee signals collapse as talks on a $1.2 trillion deficit reduction fail. Leaders blame each side over tax hikes versus entitlement reform with no last minute compromise. If held to default, automatic sequester cuts would begin in 2013.
MENTIONED IN THIS ARTICLE
Washington
Cochair
Patty Murray
D-Wash
CNN
Jon Kyl
Arizona
NBC
Murray
Jeb Hensarling
Texas
Pentagon
Congressional Budget Office
Romney earns major NH endorsement from Sen Ayotte
Mitt Romney gains a pivotal boost in New Hampshire as Sen Kelly Ayotte publicly backs his presidential bid. The endorsement adds momentum, connects Romney to a strong NH network of volunteers and donors, and may widen the gap before the January 10 primary.
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Nashua
N.H
Mitt Romney
New Hampshire
Massachusetts
White House
Romney
Kelly Ayotte
United States of America
Ayotte
City Hall
Barack Obama
Granite State
Judd Gregg
John H. Sununu
Jennifer Horn
Steve Duprey
Republican National Committee
Iowa
Duprey
Spanish conservatives win general elections
Spain’s opposition Popular Party defeated the Socialists as voters faced 21.5 percent unemployment and a stagnant economy. Mariano Rajoy thanked supporters and warned of delicate times ahead while pledging tax cuts for small and medium firms and plans to restore investor confidence. The PP held 186 seats to the Socialists 110 with about 97 percent of votes counted.
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Madrid
Spain
Europe
Mariano Rajoy
Rajoy
Popular Party
Taylor Swift Wins Artist of the Year at AMAs
Taylor Swift claimed artist of the year at the 39th American Music Awards, tying Adele with three awards including favorite pop rock female artist and pop rock album for 21. Adele was absent due to throat surgery. Nicki Minaj won two awards, including favorite rap hip hop artist and favorite rap hip hop album for Pink Friday.
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Taylor Swift
Los Angeles
Adele
Lady Gaga
Katy Perry
Nicki Minaj
Lil Wayne
Pink Friday
Minaj
Swift
Suspect in New York bomb plots arrested
New York Mayor Michael Bloomberg announced the arrest of Jose Pimentel a 27 year old Manhattan resident described as an al Qaida sympathizer on terrorism charges He was allegedly preparing a bomb aimed at police post offices and U S troops returning home Police Commissioner Raymond Kelly said Pimentel acted quickly as he was drilling holes and assembling the device Motivated by terrorist propaganda and anger over U S wars the case follows ongoing concerns about New York as a terrorism target with 13 plots since 9 11 but no successful attacks prior to this arrest
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NEW York
al-Qaida
New York City
U.S
Michael Bloomberg
Jose Pimentel
Manhattan
Afghanistan
Iraq
Raymond Kelly
Pimentel
Kelly
al- Qaida
Anwar al-Awlaki
al-Awlaki
Bloomberg
Forstmann dies at 71 a key 1980s takeover figure
Theodore J. Forstmann a longtime Wall Street financier and head of Forstmann Little died at 71 from brain cancer. He helped lead the 1980s leveraged buyout wave including the RJR Nabisco battle and bought firms such as Dr Pepper Yankee Candle General Instrument and Community Health Systems. His firm popularized LBOs using loans and its own funds while avoiding junk bonds.
MENTIONED IN THIS ARTICLE
New York
Theodore J. Forstmann
Wall Street
RJR Nabisco
IMG
Forstmann
Forstmann Little
Dr Pepper
Yankee Candle
General Instrument
Community Health Systems
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