U S closes Syrian embassy as diplomacy collapses
The United States closes its embassy in Syria and Britain recalls its ambassador as Western powers push to oust President Bashar al Assad. The moves come after Russia and China vetoed a U N resolution, while violence in Homs and elsewhere rises, with activists reporting dozens dead. President Obama says Assad’s departure is only a matter of time, and the White House notes no options are off the table.
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Syria
Britain
Damascus
Bashar Assad
U.N
Russia
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William Hague
Barack Obama
Obama
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White House
Jay Carney
Senate campaign ad draws criticism in Michigan
In Michigan, criticism mounts over a Senate campaign ad by Pete Hoekstra targeting Debbie Stabenow that features a young Asian woman speaking broken English about China taking American jobs. Critics warn it risks reviving Asian American discrimination, with civil rights groups urging vigilance in language and imagery. The ad was produced by Fred Davis of Strategic Perception Inc. known for other political spots.
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Lansing
Mich
Senate
China
Pete Hoekstra
Debbie Stabenow
Hoekstra
Thomas Costello
Michigan Roundtable For
Detroit
Fred Davis
Strategic Perception Inc
Michigan
Rick Snyder
Tom Campbell
California
Bill Advances GPS Air Traffic as Drones Aimed for Skies
A bill won final congressional approval on Monday to speed the United States transition from radar to GPS based air traffic control and to open U S skies to unmanned drone flights within four years, signaling a major shift in aviation oversight and operations.
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U.S
Daily markets wrap with mixed gains and losses
The Dow fell 17.10 points to 12 845.13 while the Nasdaq slipped to 2 901.99 and the S&P 500 declined 0.57 to 1 344.33. Treasuries barely wavered, corn rose 0.25 cent to 6.44, soybeans up 0.50 to 12.33, and wheat climbed 6.25 cents to 7.19. Oil gained 1.48 to 97.84, gold dropped 15.40 to 1 724.90, silver rose 0.10 to 33.75 and platinum sits at 1 629.80.
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Dow Industrials
S&p 500
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Chicago
Kansas City
New York
Corporate profits easing despite big gains
New York AP reports the S&P 500's final quarter profits may total about 230 billion dollars, up 5.8 percent from last year, driven by Apple and AIG. Excluding those two, 498 firms show a meager 1.1 percent rise. Analysts warn profit growth may weaken if the economy faces a shock.
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New York
America
Standard & Poor
Apple
AIG
FactSet
Barry Knapp
U.S
Barclays Capital
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