Obama Still an 'Optimist' on Cliff Deal

Mandel Ngan/AFP/Getty ImagesWASHINGTON D.C. – Ten days remain before the mandatory spending cuts and tax increases known as the “fiscal cliff” take effect, but President Obama said he is still a “hopeless optimist” that a federal budget deal can be reached before the year-end deadline that economists agree might plunge the country back into recession.“Even though Democrats and Republicans are...

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Italy PM Monti resigns, elections likely in February

ROME (Reuters) - Italian Prime Minister Mario Monti tendered his resignation to the president on Friday after 13 months in office, opening the way to a highly uncertain national election in February. The former European commissioner, appointed to lead an unelected government to save Italy from financial crisis a year ago, has kept his own political plans a closely guarded secret but he...

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Judge halts Argentine woman's wedding to sister's killer

BUENOS AIRES: An Argentine judge has blocked planned nuptials between a 22-year-old woman and her twin sister's convicted killer after a formal complaint by her mother.Edith Casas insists that Victor Cingolani did not murder her sister Johana Casas, a fashion model. He is serving a 13-year prison sentence in southern Santa Cruz province for her murder in 2010.The twins' mother Marcelina...

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HC vacates stay on results for 14,000 new PGT posts

CHANDIGARH: While vacating the stay on the announcement of results for around 14,000 new posts of Post Graduate Teachers (PGTs), the Punjab and Haryana high court on Friday held that only those who clear the Haryana Teachers Eligibility Test (HTET) would be eligible for teaching posts in Haryana. With these orders, candidates having qualified the eligibility test of state, other than Haryana or...

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AP IMPACT: Big Pharma cashes in on HGH abuse

A federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies, an Associated Press investigation shows.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico.But since then, Big Pharma has been...

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Boehner Pulls Plan B Option

In a surprise development late Thursday night, House Speaker John Boehner pulled his so-called "Plan B option" -- an extension of current tax rates for Americans making up to $1 million a year -- from the House floor, admitting that it did not have the support necessary to pass and leaving a resolution to the fiscal cliff in question."The House did not take up the tax measure...

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Syrian rebels fight for strategic town in Hama province

BEIRUT (Reuters) - Rebels began to push into a strategic town in Syria's central Hama province on Thursday and laid siege to at least one town dominated by President Bashar al-Assad's minority sect, activists said. The operation risks inflaming already raw sectarian tensions as the 21-month-old revolt against four decades of Assad family rule - during which the president's Alawite sect...

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User revolt causes Instagram to keep old rules

SAN FRANCISCO: Instagram on Thursday tried to calm a user rebellion by nixing a change that would have given the Facebook-owned mobile photo sharing service unfettered rights to people's pictures."The concerns we heard about from you the most focused on advertising, and what our changes might mean for you and your photos," Instagram co-founder and chief Kevin Systrom said in a blog post."There...

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NIT staff eligible for Central government pension: Punjab and Haryana high court

CHANDIGARH: In a relief to the staff of National Institute of Technology (NIT), Kurukshetra and Jalandhar, the Punjab and Haryana high court has ordered the ministry of human resource development (MHRD) to implement Central government pension scheme to cover the NIT staff.With these orders, hundreds of employees of these two NITs, who had joined the institutions before 2004, would now get pension...

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AP IMPACT: Steroids loom in major-college football

WASHINGTON (AP) — With steroids easy to buy, testing weak and punishments inconsistent, college football players are packing on significant weight — 30 pounds or more in a single year, sometimes — without drawing much attention from their schools or the NCAA in a sport that earns tens of billions of dollars for teams.Rules vary so widely that, on any given game day, a team with a strict no-steroid...

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