GOP rejects Obama debt vow Refusal to negotiate sparks partisan standoff
President Obama says he will not negotiate over the debt ceiling. Congressman Burgess calls the stance preposterous and insists negotiations are required. Senate leader McConnell and other Republicans press for spending cuts in exchange for a debt limit increase, warning of crisis in March. The clash signals a tense prelude to fiscal fights.
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Washington
Barack Obama
Michael Burgess
Burgess
Texas
White House
NBC
Meet the Press
Senate
Mitch McConnell
Obama
Congress
McConnell
United States
Google chief Schmidt visits North Korea amid U.S. doubts
Google executive chairman Eric Schmidt arrived in Pyongyang on a private mission to study North Korea's economy and social media. He travels with former New Mexico Governor Bill Richardson who calls the trip a private humanitarian mission and says they will meet political and economic leaders and visit universities.
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Pyongyang
North Korea
Google
Washington
Eric Schmidt
U.S
Kim Jong UN
U.S. State Department
Schmidt
Air China
New Mexico
Bill Richardson
Richardson
Beijing
David Guttenfelder
Pyongyang International
Lego Mindstorms EV3 connects to iPhone devices via Bluetooth
Lego announced a $350 Mindstorms EV3 kit enabling Bluetooth communication with iPhones iPads and iPod Touches. Builders can use Apple devices as remotes or send simple control programs to robots. The kit goes on sale in the second half of the year as the CES gadget show opens in Las Vegas.
MENTIONED IN THIS ARTICLE
Lego
Las Vegas
Market Snapshot Monday Trends In Stocks And Commodities
The Dow fell 50.92 points to 13384.29 while the Nasdaq dropped 2.85 to 3098.81 and the S&P 500 slipped 4.58 to 1461.89. In treasuries the 30 year yield stood at 3.10 percent. Commodities showed mixed moves with corn up 5.25 cents to 6.86, soybeans up 21.25 cents to 13.89, and wheat up 3 cents to 8.08. Oil rose 10 cents to 93.19, gold fell 2.60 to 1646.30, silver gained 13.60 cents to 30.08, while platinum declined 2.20 to 1556.30.
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Treasury
Chicago
Kansas City
New York
Families hear police testimony in Colorado theater shooting
In Centennial parents and survivors watched as officers testified about the July 20 attack. Officer Justin Grizzle recalled rushing wounded to hospital and finding a 6 year old girl unresponsive as jurors weigh whether there is enough evidence to indict James Holmes. The hearing previews the mental state debate amid gun violence policy talks.
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Centennial
Colo
Colorado
Justin Grizzle
James Holmes
Sam Soudani
Colorado Theater
Holmes
Denver
Newtown
Conn
Banks agree to 8.5 billion mortgage settlement over foreclosures
U S banks including JPMorgan Chase Bank of America and Wells Fargo will pay about 3.3 billion to homeowners and 5.2 billion to reduce mortgages and forgive principal. The deal ends a 2011 required independent loan file review and covers up to 3.8 million homeowners. Regulators say the accord shifts relief directly to consumers.
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Washington
Uss
Bruce Marks
Neighborhood Assistance Corp. of America
Federal Reserve
Adven
Thomas Curry
Obama immigration enforcement spending tops federal total
A Washington think tank report shows the 2012 budget year spent about 18 billion on immigration related agencies, exceeding the combined budgets of FBI ATF DEA Secret Service by about 3.6 billion. Background checks on gun buyers surged in the South and West after Obama’s reelection and the Connecticut school shooting. Georgia and Alabama saw large jumps in October and December.
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Washington
Obama
Migration Policy Institute
Immigration and Customs Enforcement
Customs and Border Protection
Border Patrol
Immigration Enforcement
FBI
Bureau of Alcohol, Tobacco, Firearms and Explosives
Drug Enforcement Administration
U.S. Secret Service
South
West
U.S
Barack Obama
Connecticut
Georgia
Alabama
Fewer gun buyers in Connecticut and Colorado in 2012
Washington reports that in Connecticut and Colorado, scenes of the year end gun purchases show fewer excited buyers than in most states, according to an Associated Press analysis.
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Colo
Conn
Washington
Connecticut
Colorado
U.S
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Charles Babington
Associated Press
N. Korea
Dow Industrials
Nasdar
S&p
Rafiq Maqbool
New Zealand
Mumbai
India
By Dan Elliott
Aaaue
Dilbert
Otis Brawley
American Cancer Society
Brawley
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