This Website Maybe For Sale – Click Here -

LOCAL-SEARCH Resource Center

Source Match Local News

City Room: Big Ticket | Sold for $52.5 Million

The investor Howard Marks and his wife bought a 30-room duplex at 740 Park. The seller was Courtney Sale Ross, the widow of the TimeWarner executive Steven J. Ross.

U.S. soldier referred for court martial for 2009 Iraq shooting

SEATTLE (Reuters) - A U.S. soldier accused of shooting dead five fellow servicemen at a military clinic in Baghdad in 2009 has been referred to stand trial by military court martial, Joint Base Lewis-McChord said on Friday. Sergeant John Russell, who could face the death penalty if convicted, faces five charges of premeditated murder, one charge of aggravated assault, and one charge of attempted murder. Russell, of the 54th Engineer Battalion based in Bamberg, Germany, is accused of going on a shooting spree at a combat stress center at Camp Liberty, near the Baghdad airport, in May 2009. ...

U.S. soldier referred for court martial for 2009 Iraq shooting

SEATTLE (Reuters) - A U.S. soldier accused of shooting dead five fellow servicemen at a military clinic in Baghdad in 2009 has been referred to stand trial by military court martial, Joint Base Lewis-McChord said on Friday. Sergeant John Russell, who could face the death penalty if convicted, faces five charges of premeditated murder, one charge of aggravated assault, and one charge of attempted murder. Russell, of the 54th Engineer Battalion based in Bamberg, Germany, is accused of going on a shooting spree at a combat stress center at Camp Liberty, near the Baghdad airport, in May 2009. ...

MF Global customer deemed "frivolous" in fee fight

NEW YORK (Reuters) - A former MF Global Holdings Ltd customer was rebuked on Friday by a judge for filing "frivolous" court papers attacking the mounting fees of Louis Freeh, the trustee unwinding the company's bankrupt estate. U.S. Bankruptcy Court Judge Martin Glenn rejected arguments from customer leader James Koutoulas that Freeh should not be allowed to extend a Friday deadline to file financial data about the company. Koutoulas had argued the postponement would allow Freeh, a former FBI director, to rack up unreasonable fees. ...

MF Global customer deemed "frivolous" in fee fight

NEW YORK (Reuters) - A former MF Global Holdings Ltd customer was rebuked on Friday by a judge for filing "frivolous" court papers attacking the mounting fees of Louis Freeh, the trustee unwinding the company's bankrupt estate. U.S. Bankruptcy Court Judge Martin Glenn rejected arguments from customer leader James Koutoulas that Freeh should not be allowed to extend a Friday deadline to file financial data about the company. Koutoulas had argued the postponement would allow Freeh, a former FBI director, to rack up unreasonable fees. ...

Jury in ex-Senator Edwards' trial begins deliberations

Former U.S. Senator John Edwards walks to the federal courthouse in GreensboroGREENSBORO, North Carolina (Reuters) - Jurors in the trial of former U.S. Senator John Edwards asked on Friday to review more than a dozen prosecution exhibits as they deliberated whether he illegally used campaign funds to conceal his extramarital affair while he ran for president. The North Carolina federal court jurors began deliberating on Friday morning and submitted their request about 2-1/2 hours later. Among the evidence they asked to review were notes from wealthy donor Rachel "Bunny" Mellon and testimony from her lawyer, Alex Forger. ...


Jury in ex-Senator Edwards' trial begins deliberations

Former U.S. Senator John Edwards walks to the federal courthouse in GreensboroGREENSBORO, North Carolina (Reuters) - Jurors in the trial of former U.S. Senator John Edwards asked on Friday to review more than a dozen prosecution exhibits as they deliberated whether he illegally used campaign funds to conceal his extramarital affair while he ran for president. The North Carolina federal court jurors began deliberating on Friday morning and submitted their request about 2-1/2 hours later. Among the evidence they asked to review were notes from wealthy donor Rachel "Bunny" Mellon and testimony from her lawyer, Alex Forger. ...


Health secretary urges contraception compromise

U.S. President Obama speaks about contraceptive funding at the White House in WashingtonWASHINGTON (Reuters) - The Obama administration's top health official on Friday took the debate over whether healthcare coverage should include contraceptives to the campus of a Catholic university that has been deeply divided over the administration's policy. U.S. Health Secretary Kathleen Sebelius, in a speech at Georgetown University a few miles from the White House, praised the new U.S. healthcare law requiring coverage and called for "conversation and compromise. ...


Health secretary urges contraception compromise

U.S. President Obama speaks about contraceptive funding at the White House in WashingtonWASHINGTON (Reuters) - The Obama administration's top health official on Friday took the debate over whether healthcare coverage should include contraceptives to the campus of a Catholic university that has been deeply divided over the administration's policy. U.S. Health Secretary Kathleen Sebelius, in a speech at Georgetown University a few miles from the White House, praised the new U.S. healthcare law requiring coverage and called for "conversation and compromise. ...


El Paso applies for LNG export license from Elba Island

NEW YORK (Reuters) - Natural gas producer and pipeline operator El Paso Corp has joined the growing ranks of companies hoping to export the abundant fuel overseas, after filing an export license for its import terminal in Georgia. El Paso, through its subsidiary Southern LNG, is seeking authorization from the Department of Energy to export up to 0.5 billion cubic feet per day of liquefied natural gas from its Elba Island facility over 25 years, according to a filing on the DoE website on Friday. ...

El Paso applies for LNG export license from Elba Island

NEW YORK (Reuters) - Natural gas producer and pipeline operator El Paso Corp has joined the growing ranks of companies hoping to export the abundant fuel overseas, after filing an export license for its import terminal in Georgia. El Paso, through its subsidiary Southern LNG, is seeking authorization from the Department of Energy to export up to 0.5 billion cubic feet per day of liquefied natural gas from its Elba Island facility over 25 years, according to a filing on the DoE website on Friday. ...

Small fire breaks out at ADM plant in Illinois

CHICAGO (Reuters) - A small fire broke out at one of agribusiness giant Archer Daniel Midland Co's plants in Decatur, Illinois, on Friday morning. The fire department was called but the fire, which started in the coal storage area of plant's co-generation facility, was put out before firefighters arrived, ADM spokeswoman Jackie Anderson said. The facility helps power operations at the plant. There were no injuries or damage. The cause of the fire, which started around 10 a.m. CDT (1500 GMT) was still being investigated, Anderson said. Anderson said that the facility was still open for ...

Small fire breaks out at ADM plant in Illinois

CHICAGO (Reuters) - A small fire broke out at one of agribusiness giant Archer Daniel Midland Co's plants in Decatur, Illinois, on Friday morning. The fire department was called but the fire, which started in the coal storage area of plant's co-generation facility, was put out before firefighters arrived, ADM spokeswoman Jackie Anderson said. The facility helps power operations at the plant. There were no injuries or damage. The cause of the fire, which started around 10 a.m. CDT (1500 GMT) was still being investigated, Anderson said. Anderson said that the facility was still open for ...

Bankers survey shows rural economies remain strong

The economy remains strong in rural areas of 10 Midwest and Western states because of the health of agricultural businesses there, according to a new survey of banks serving rural areas.

Greek politics, Spain banks test eurozone survival

A woman uses an ATM cash point machine at a branch of the Bankia bank in Madrid Thursday May 17, 2012. A recently nationalized Spanish bank's shares plummeted Thursday after a newspaper said depositors were rushing to withdraw money, while the country paid sharply higher interest rates in a debt auction, reflecting concerns the country will be caught up in the fallout of the Greek crisis. Logo says ' Welcome to Bankia'. (AP Photo/Paul White)Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity regime that has spawned unemployment, desperation and misery. And there is no respite in sight, as Germany's finance minister predicted Friday that the crisis could last up to another two years.


Chinese entities world's biggest economic spies-Pentagon

Paramilitary recruits march during a training session as a banner in Chinese that reads WASHINGTON (Reuters) - The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused "Chinese actors" of being the world's biggest perpetrators of economic espionage. The Pentagon, in its annual report to Congress on China's military, flagged sustained investment last year in advanced missile technologies and cyber warfare capabilities and warned that Chinese spying threatened America's economic security. ...


Obama says G8 should focus on growth in Europe

WASHINGTON (Reuters) - U.S. President Barack Obama said after meeting French President Francois Hollande at the White House on Friday that the Group of Eight should focus on ways to promote growth alongside budget cuts in Europe to help ease the euro zone crisis. "President Hollande and I agreed that this is an issue of extraordinary importance, not only to the people of Europe, but also to the world economy," Obama told reporters after their talks in the Oval Office. ...

Appeals court affirms minority voting rights law

(Reuters) - A federal appeals court on Friday upheld a key provision of the landmark U.S. voting rights law aimed at protecting minorities in states and local areas with a history of racial discrimination. The U.S. Court of Appeals for the District of Columbia Circuit in a 2-1 decision said Congress did not exceed its power by renewing a requirement that nine states, mostly in the South, and dozens of local governments with a history of racial discrimination get federal permission to change their election procedures. ...

Appeals court affirms minority voting rights law

(Reuters) - A federal appeals court on Friday upheld a key provision of the landmark U.S. voting rights law aimed at protecting minorities in states and local areas with a history of racial discrimination. The U.S. Court of Appeals for the District of Columbia Circuit in a 2-1 decision said Congress did not exceed its power by renewing a requirement that nine states, mostly in the South, and dozens of local governments with a history of racial discrimination get federal permission to change their election procedures. ...

Putin seeking control in Russian cabinet selection

Russian President Putin uses a security device during a visit to the Interior Ministry Academy in MoscowMOSCOW (Reuters) - President Vladimir Putin will likely name allies to key economic posts when he unveils his new cabinet on Monday, asserting control over the government in a move that could hamstring reforms backed by his more liberal premier. At stake is the future of Russia's privatization program and the drive to diversify a $1.7 trillion Russian economy still heavily dependent on oil and gas exports, which yield half of all state revenues. "It will be Putin's cabinet," said Lilia Shevtsova, a senior associate at the Carnegie Moscow Center think-tank who is an author and expert on Putin. ...


All baby boomers should get hepatitis C test -CDC

Laboratory assistant examines blood samples inside laboratory in Siliguri(Reuters) - All baby boomers should be tested at least once for the liver-destroying hepatitis C virus, according to proposed guidelines from U.S. health officials released on Friday. The often-undiagnosed virus is transmitted through contaminated blood. While infection rates have dropped dramatically since the early 1990s - due in part to the introduction of blood and organ screening - many older adults are still at risk, according to the U.S. Centers for Disease Control and Prevention, which released the draft guidelines. ...


All baby boomers should get hepatitis C test -CDC

Laboratory assistant examines blood samples inside laboratory in Siliguri(Reuters) - All baby boomers should be tested at least once for the liver-destroying hepatitis C virus, according to proposed guidelines from U.S. health officials released on Friday. The often-undiagnosed virus is transmitted through contaminated blood. While infection rates have dropped dramatically since the early 1990s - due in part to the introduction of blood and organ screening - many older adults are still at risk, according to the U.S. Centers for Disease Control and Prevention, which released the draft guidelines. ...


Kraft lowers Maxwell House coffee prices in U.S

Kraft cheese products are seen on the shelf at a grocery store in Washington(Reuters) - Kraft Foods said on Friday it lowered prices on many of its U.S. coffees, including its flagship brand Maxwell House and some of its instant coffees, citing lower green coffee costs since prices peaked last year. The move comes three days after trend-setter J.M. Smucker Co. cut the cost of well-known brands Folgers and Dunkin' Donuts by an average of 6 percent. It is the second cut to coffee prices since August 2011 for both companies. "These changes reflect sustained decreases in the cost of green coffee," Kraft spokeswoman Bridget MacConnell told Reuters in an email. ...


Kraft lowers Maxwell House coffee prices in U.S

Kraft cheese products are seen on the shelf at a grocery store in Washington(Reuters) - Kraft Foods said on Friday it lowered prices on many of its U.S. coffees, including its flagship brand Maxwell House and some of its instant coffees, citing lower green coffee costs since prices peaked last year. The move comes three days after trend-setter J.M. Smucker Co. cut the cost of well-known brands Folgers and Dunkin' Donuts by an average of 6 percent. It is the second cut to coffee prices since August 2011 for both companies. "These changes reflect sustained decreases in the cost of green coffee," Kraft spokeswoman Bridget MacConnell told Reuters in an email. ...


Nurses to kick off Chicago NATO summit with rally

A protestor marches through the streets as others hold a banner during a demonstration ahead of the NATO meeting in ChicagoCHICAGO (Reuters) - This weekend's NATO summit is attracting raucous rallies and protests to Chicago that have little to do with the mission of the military alliance, including a large rally of nurses angry about the resources devoted to healthcare in the United States. Hundreds of red-clad nurses from National Nurses United gathered in a downtown Chicago plaza across from city hall for what was expected to be the largest protest to date surrounding the summit, which heads of state including President Barrack Obama will attend. ...


Sporting Kansas City-Rapids Preview

Sporting Kansas City is trying its best to put a positive spin on a three-game losing streak that has followed a franchise-best start.

Storied battleship making final port call in Los Angeles

Volunteers work under the 16-inch guns at the bow of the U.S. battleship LOS ANGELES (Reuters) - The USS Iowa, which ferried the late President Franklin D. Roosevelt across the perilous Atlantic waters to a historic meeting with Winston Churchill and Josef Stalin in the dark days of World War Two, will have to be towed to its final port call. The battleship saw combat in the Pacific, survived a devastating explosion in a gun turret, and even a snub from the city of San Francisco. At the end of its final voyage, the storied warship will have a permanent mooring in Los Angeles. ...


News Summary: Taiwan's Ma set for 2nd term

FILE - In this Saturday, Jan. 14, 2012 file photo, Taiwanese President Ma Ying-jeou declares victory in the presidential election in Taipei, Taiwan. Ma has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. (AP Photo/Wally Santana)TENSIONS EASED: Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.


Sudan set to devalue pound amid oil crunch: sources

A person counts after receiving the new Sudanese currency from a cashier at a branch of the central bank of Sudan in KhartoumKHARTOUM (Reuters) - Sudan, hit by an economic crisis since losing crucial oil revenues, will effectively devalue the pound by allowing foreign exchange bureaux to trade dollars at a level away from the official rate, a banking source and Sudanese media said on Friday. Sudan's economy has been battered since the country lost three-quarters of its oil production to South Sudan when the latter became independent in July. Even though the pipelines are in Sudan, the two have been unable to agree on how much the South should pay to transport its oil. ...


Eurozone crisis drives stocks lower despite Facebook frenzy

A television anchor stands in front of screens showing the start of trading in Facebook shares at the NASDAQWorld stock markets fell in nervous trade on Friday and the euro hit a new four-month low against the dollar as a downgrade hit 16 Spanish banks ahead of a key G8 meeting, rattling investors.


Tourism in Myrtle Beach leads economic recovery

A new Coastal Carolina University study has found tourism in the Myrtle Beach area led the recovery from the Great Recession, bouncing back faster than other areas of the economy along the state's Grand Strand.

Kenya's KenGen eyes $686 mln gas-fired power plant

An official with Kenya Power and Lighting Company poses inside a sub-station in NairobiNAIROBI (Reuters) - Kenyan electricity generating company KenGen plans to raise funds from private investors for a $686 million gas-fired power plant to run on imported liquefied natural gas (LNG), Managing Director Eddy Njoroge said on Friday. KenGen, which relies largely on hydro power, said the plant would help meet growing demand for electricity and help prevent frequent blackouts in east Africa's biggest economy caused by generation shortfalls and an ageing grid. ...


Unemployment rates fall in two-thirds of US states

Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.

After stinging report, Pope softens tone for U.S. nuns

VATICAN CITY (Reuters) - Pope Benedict on Friday held out an olive branch to American Roman Catholic nuns, who are reeling from a stinging Vatican report that criticized them as being feminist and politicized. "I wish to reaffirm my deep gratitude for the example of fidelity and self-sacrifice given by many consecrated women (nuns) in your country," he said in an address to visiting U.S. bishops. ...

After stinging report, Pope softens tone for U.S. nuns

VATICAN CITY (Reuters) - Pope Benedict on Friday held out an olive branch to American Roman Catholic nuns, who are reeling from a stinging Vatican report that criticized them as being feminist and politicized. "I wish to reaffirm my deep gratitude for the example of fidelity and self-sacrifice given by many consecrated women (nuns) in your country," he said in an address to visiting U.S. bishops. ...

Canada April inflation sparks more rate-hike talk

OTTAWA (Reuters) - Inflation in Canada was slightly higher than expected in April, providing the Bank of Canada with more reason, if the European crisis doesn't undermine the economy, to launch the interest-rate hike it has hinted at recently. On an annual basis the overall inflation rate rose to 2.0 percent in April from 1.9 percent in March, Statistics Canada said on Friday. The core rate, which excludes volatile items, climbed to 2.1 percent from 1.9 percent. ...

Myanmar welcomes easing of US economic sanctions

Officials and businessmen in Myanmar welcomed U.S. plans to ease economic sanctions, saying Friday it will benefit both countries in a market long cut off from most Western investment.

BoE's Posen to quit to head U.S. think tank

LONDON/WASHINGTON (Reuters) - Bank of England policymaker Adam Posen will not seek a second term at the central bank and instead plans to step down in August to head a leading U.S. economic think tank, the Bank said on Friday. Posen has been the most outwardly dovish member of the Bank's rate-setting Monetary Policy Committee for most of his time at the central bank, and a leading advocate of its programme of quantitative easing asset purchases. ...

Kenya's 2012 tourism earnings to dip on euro crisis, attacks

To match feature AFRICA-TOURISM/NAIROBI (Reuters) - Kenya's white sandy beaches look set to have fewer visitor footprints meandering over them this year. While this may be good news for Europeans seeking escape from economic storms at home, it is bad news for Suresh Sofat's tour firm and other Kenyans hoping to cash in on hard currency earnings - especially after 2011 was year of plenty for them. Sofat, 73, who runs Somak Travel, a 44-year old family business, now sees a difficult time ahead after the euro crisis and deadly attacks blamed on al Qaeda-linked militia have seen travel bookings fall sharply. ...


Tribe, Mass. city reach deal on proposed casino

The Mashpee Wampanoag tribe would make approximately $33 million in upfront payments to Taunton as part of a deal reached with the city's mayor to allow the tribe to build a resort casino in the southeastern Massachusetts community.

Kenya's 2012 tourism earnings to dip on euro crisis, attacks

NAIROBI (Reuters) - Kenya's white sandy beaches look set to have fewer visitor footprints meandering over them this year. While this may be good news for Europeans seeking escape from economic storms at home, it is bad news for Suresh Sofat's tour firm and other Kenyans hoping to cash in on hard currency earnings - especially after 2011 was year of plenty for them. Sofat, 73, who runs Somak Travel, a 44-year old family business, now sees a difficult time ahead after the euro crisis and deadly attacks blamed on al Qaeda-linked militia have seen travel bookings fall sharply. ...

U.S. test flight seen as "giant leap" for commercial space

CAPE CANAVERAL, Florida (Reuters) - An Obama administration plan to cut the cost of spaceflight services faces a key test on Saturday when a privately owned rocket lifts off for a practice run to the International Space Station. If successful, Space Exploration Technologies, or SpaceX, would become the first private company to reach the $100 billion outpost, which flies about 240 miles above Earth. ...

Kansas City Southern says coal shipments weaker

NEW YORK (Reuters) - Railroad operating company Kansas City Southern said on Friday shipments of coal, farm products and chemicals were weaker than expected a month ago, but kept its full-year profit forecast unchanged, saying shipments should pick up once the railroad moves past temporary factors. "We had a much more positive outlook 30 days ago," Chief Financial Officer Michael Upchurch told the Bank of America Merrill Lynch global transportation conference in Boston. ...

Kansas City Southern says coal shipments weaker

NEW YORK (Reuters) - Railroad operating company Kansas City Southern said on Friday shipments of coal, farm products and chemicals were weaker than expected a month ago, but kept its full-year profit forecast unchanged, saying shipments should pick up once the railroad moves past temporary factors. "We had a much more positive outlook 30 days ago," Chief Financial Officer Michael Upchurch told ...

Analysis: In India, muddled leadership leaves economy adrift

India's Finance Minister Pranab Mukherjee holds a news conferenceNEW DELHI (Reuters) - "Dear God," wrote economist Rajeev Malik as he called on the Almighty to help India's "rudderless" government in a biting critique that underscored a growing frustration at home and abroad with the stewardship of Asia's third-largest economy. Writing in India's Business Standard newspaper, the well-respected Malik echoed the exasperation of Indian and foreign business groups pressing for the government to swiftly implement major economic reforms and formulate a coherent strategy to deal with its mounting problems. ...


City of Corpus Christi, Recyclebank and the Ziploc® Brand Commemorate Continued Success of Environmental Efforts

CORPUS CHRISTI, Texas, May 18, 2012 /PRNewswire/ -- The City of Corpus Christi announced today the unveiling of a playground donated by Ziploc® brand in recognition of its continued support of Corpus Christi ...

Oil edges up to near $93 after big 2-week sell-off

Oil prices edged toward $93 a barrel Friday as financial markets stabilized after a sharp two-week sell-off caused by the latest flare-up in Europe's debt crisis and a gloomy economic outlook.

Police arrest suspect in Mississippi highway shootings

Police handout photo of James WillieTUPELO, Mississippi (Reuters) - Mississippi police have arrested a man they believe is responsible for two highway killings this month, the Department of Public Safety said on Friday. The suspect, James Willie, 28, of Sardis, Mississippi, was arrested Tuesday morning in Tunica, the department said in a statement. Police had responded to a reported rape. Willie is charged with aggravated assault, kidnapping and rape. He will be charged with two counts of capital murder on Friday, the statement said. ...


Analysis: U.S. cities wrestle with universities for cash

To match Reuters Life! TRAVEL-PRINCETON/NEW YORK (Reuters) - In 1978, after New York City had barely escaped bankruptcy, Mayor Ed Koch went looking for cash from an unlikely source: the city's colleges and other nonprofits, which do not pay taxes on their valuable land. Koch was trying to do then what cash-starved cities are now pulling off: extracting more money from colleges, universities and private hospitals to help restore bare-boned budgets. Two weeks ago, Providence, Rhode Island, Mayor Angel Taveras struck a deal with Brown University, which doubled its annual voluntary contribution to nearly $8 million for five years. ...


Spain to announce banking sector auditors on Monday

MADRID (Reuters) - Spain will announce the names of the two independent auditors charged with conducting an analysis of the country's banking sector on Monday, Spain's Deputy Prime Minister said on Friday. The audit will start with a one-month stress test followed by a deeper analysis of assets in the financial sector, Soraya Saenz de Santamaria said in a press conference following the weekly cabinet meeting. Structural reforms and budget cuts would allow the economy to grow, she added. (Reporting By Fiona Ortiz; writing by Paul Day)
Welcome to hotels.com