Obama says Reagan would fail in today’s GOP
President Obama charged that modern Republicans have turned radical and rigid, arguing even Ronald Reagan could not win a GOP primary now. He linked his critique to the House budget plan, warned of a bleak radical vision, and drew contrasts with Mitt Romney as Romney criticized blame and spending.
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Murdoch steps down as BSkyB chairman amid phone hacking scandal
James Murdoch resigns as BSkyB chairman to avoid conflation with events at a separate organization. The 39 year old had faced scrutiny over phone hacking and alleged bribery linked to British newspapers, joining a string of exits from News International, Sotheby's, and GlaxoSmithKline. Nicholas Ferguson becomes chair. Tom Mockridge named deputy chairman.
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Nine medical societies push new list to curb wasteful care
A coalition of nine medical societies representing about 375000 physicians released 45 recommendations to cut overuse in tests and treatments. The guidance urges doctors to avoid unnecessary repeat colonoscopies, early imaging for back pain, brain scans after fainting without seizures, and antibiotics for mild sinus issues. It argues cost reduction should protect patients while shifting pay toward outcomes and coordination.
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California attack suspect faced expulsion and anger
The Oakland gunman Goh, born in South Korea, was expelled from Oikos University in January after clashing with peers over English and teased about his abilities. He bought a gun weeks later and killed six students and a receptionist. Police noted he felt disrespected and had prior fighting tales, with personal and family struggles spanning a decade. He had lived mainly in Virginia, the Virginia Tech link echoing a prior mass shooting.
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Newspapers adopt metered online pay walls worldwide
After years of free news a growing number of newspapers have launched metered pay walls offering a few free stories online before digital subscriptions. About 300 papers have adopted such plans and provide Web smartphone and tablet access. Fewer than a quarter of the 1350 dailies charge online yet industry leaders expect higher digital revenue.
U S automakers post best monthly sales since 2007
U S auto makers posted their strongest March since 2007 with 1.4 million vehicles sold, up 13 percent from a year earlier. GM Chrysler Toyota posted double digit gains while Nissan and Hyundai hit company records and Honda declined.
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Markets Mixed as Industrials Slip and Commodities Move
Tuesday trading showed Industrials down 64.94 points to 13,199.55 while Nasdaq fell 6.13 to 3,113.57. S&P 500 rose 5.66 to 1,413.38 with Treasury yields edging up. Corn gained 3.25 cents to 6.58, soybeans fell 4.25 dollars? to 14.17, wheat steady at 6.90. Oil rose 1.22 to 104.01, gold down 7.50 to 1,670, silver up 16.70 cents to 33.27, platinum 5.60 to 1,660.50.
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