Senate Republicans Block Hagel Vote Over Libya Fallout
Senate Republicans blocked the Hagel defense secretary nomination with 40 votes to end debate and 58 to advance, amid Democratic rebukes of partisan delay. Four Republicans joined Democrats to move forward, while Reid maneuvered to revive the bid after the recess, setting a new vote for February 26.
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Washington
Senate
Chuck Hagel
Barack Obama
U.S
Libya
Obama
Congress
Hagel
Thad Cochran
Mississippi
Lisa Murkowski
Alaska
Susan Collins
Maine
Mike Johanns
Nebraska
Defense
Leon Panetta
CIA
Pentagon
Afghanistan
Google
Harry Reid
Dnev
Lamar Alexander
R-Tenn
Alexander
Armed Services Committee
Homeland Security plans large ammo purchases for training
The Homeland Security Department seeks to buy more than 1.6 billion rounds over four to five years for training and duty use. Federal notices describe strategic sourcing contracts to secure low prices. The Federal Law Enforcement Training Center says up to 750 million rounds could be purchased for its facilities in coming years.
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Washington
Homeland Security Department
United States
Alex Jones
Peggy Dixon
Glynco
Budget fight gnaws at sequester relief plan
Senate Democrats urge a plan to avert across the board cuts by imposing a minimum tax on the wealthy and trimming farm subsidies while vowing to face GOP opposition. Republicans promise to block the measure as air traffic control, meat plants, food aid, and education could feel the hits when sequester begins.
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Washington
Senate
Pentagon
Senate Gop
Mitch McConnell
Kentucky
Senate Budget Committee
Patty Murray
D-Wash
Congress
Jay Carney
Barack Obama
Merger Plan for American and US Airways Faces Hurdles
Announced Thursday, the proposed merger will take months or years before passengers notice any effect. Existing tickets on American or US Airways remain valid and frequent flyer programs unchanged for now. AMR Corp. remains in bankruptcy and must obtain court approval. US Airways shareholders must vote. then the Department of Transportation and the Justice Department must sign off.
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American
US Airways
AMR Corp
Department of Transportation
Justice Department
Markets Shaped by Mixed Thursday Close Across Indices
The Dow fell 9.52 points to 13,973.39 while the Nasdaq rose 1.78 to 3,198.66 and the S&P 500 added 0.05 to 1,521.38. Grain prices slipped with Corn 0.75 lower to 6.95, Soybeans down 0.05 to 14.18, Wheat down 0.0525 to 7.75. Oil traded at 97.31, Gold rose 9.60 to 1,635.50, Silver fell 0.516 to 30.35, Platinum up 18.80 to 1,710.90.
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Dow Industrials
S&p
Treasury
Chicago
Kansas City
New York
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