High court lets don’t ask don’t tell stand amid review
Supreme Court allows the Pentagon to maintain the ban on openly gay service while federal appeals court reviews the policy. The Log Cabin Republicans sought a Supreme Court intervention but were denied. The Obama administration urged patience as a federal judge previously ruled the policy violates civil rights.
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R. Clarke Cooper
Postal Service posts $8.5 billion loss in 2010
The Postal Service reported a net loss of 8.5 billion for the year ending Sept 30 2010 despite cutting more than 105 000 jobs. Revenue fell to 67.1 billion while expenses rose to 70 billion amid a 3.5 percent drop in mail volume.
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Joe Corbett
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Obama reports progress from Asia talks amid currency and Korea tensions
President Obama said the Asia Pacific Economic Cooperation meetings yielded progress on a balanced economy and defect tracking, though no enforcement. He faced criticism over the Fed’s $600 billion stimulus, currency concerns with China, and a stalled Korea trade deal, while stressing U.S. leadership.
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Record-setting 18th century Chinese vase fetches 83 million
A family vase from the Qing era sold at Bainbridge auction house in London for 83 million dollars to a Chinese bidder, a record for Chinese art. The piece dated around 1740 and was bought by an undisclosed buyer, with auctioneer Peter Bainbridge calling the moment electric.
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Antiques Trade Gazette
Steele faces challenge for GOP leadership
Michigan Republican Saul Anazis urges Michael Steele to step aside so other candidates can lead the party. Anazis says donors must trust Republicans again and notes Healy as another potential contender for the national chair.
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National Post
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