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CompareCC News Archive Listing for Top Stories during 2009-01-12.
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"Slumdog" sweeps to Golden Globe victory
 
BEVERLY HILLS (Reuters) - Low-budget movies blew by their major studio rivals at the Golden Globe Awards on Sunday as romance 'Slumdog Millionaire' won a leading four honors, including best drama to give it a push in the race for Oscars.
"Slumdog" sweeps to Golden Globe victory
 
Reuters - Low-budget movies blew by their major studio rivals at the Golden Globe Awards on Sunday as romance 'Slumdog Millionaire' won a leading four honors, including best drama to give it a push in the race for Oscars.
Citi-Morgan talks seen leading to wave of deals
 
AP - Citigroup and Morgan Stanley may announce as early as Monday a deal to combine their brokerages, a move analysts say could trigger a fresh wave of consolidation in the troubled and thinning banking industry.
Bush, Obama to tag-team lawmakers for bailout cash
 
AP - A request for the remaining $350 billion in financial industry bailout funds could come as early as Monday as the Bush administration and President-elect Barack Obama tag-team uneasy lawmakers for the money.
Israeli troops battle Hamas amid Egyptian truce talks
 
AFP - Israeli troops clashed with Hamas fighters on Monday across the Gaza Strip after the Jewish state poured reserve troops into the territory and ceasefire talks plodded on in Egypt.
Prolonged misery for Europe after gas deal collapses
 
AFP - Europe's energy crisis deepened Monday as the failure to resolve a bitter dispute between Russia and Ukraine left hundreds of thousands enduring a second week of freezing conditions without heating gas.
Iran tells Obama: Don't repeat false U.S. charges
 
TEHRAN (Reuters) - Iran called on U.S. President-elect Barack Obama on Monday not to repeat what it said were false accusations leveled against the Islamic Republic by the outgoing administration in Washington.
Nearly 250 missing in Indonesian ferry sinking
 
PARE-PARE, Indonesia (Reuters) - Nearly 250 people are still missing from an Indonesian ferry which sank in heavy seas at the weekend, officials said on Monday, as bad weather hampered rescue efforts.
Russia's Gazprom says Ukraine signs gas deal
 
MOSCOW/KIEV (Reuters) - Ukraine has removed conditions that had threatened a gas deal to resume Russian supplies to Europe, Russia's gas export monopoly said on Monday.
Israel pounds new Hamas targets, enlists reserves
 
AP - Israeli warplanes pounded the homes of Hamas leaders and ground troops edged closer to the Gaza Strip's densely-populated urban center Monday, as Israel stepped up the pressure ahead of deciding whether to escalate its devastating two-week offensive.
Golden Globes go slumming as Indian film wins big
 
AP - Heath Ledger got his Golden Globe, and Kate Winslet came away with two. Yet the Globes otherwise went slumming, with 'Slumdog Millionaire' taking top honors and other key prizes going to a newcomer, an underdog and a poster boy for the classic Hollywood comeback.
World markets fall after US unemployment rises
 
AP - Asian stock markets retreated Monday, with Hong Kong's benchmark off nearly 3 percent, as a jump in U.S. unemployment heightened concerns the global economy is facing a prolonged slump. European markets were slightly lower in early trade.
Broncos hire Pats coordintor McDaniels as coach
 
AP - The Denver Broncos have hired Mike Shanahan version 2.0 — another bright, young offensive mind.
Iran tells Obama: Don't repeat false U.S. charges
 
Reuters - Iran called on U.S. President-elect Barack Obama on Monday not to repeat what it said were false accusations leveled against the Islamic Republic by the outgoing administration in Washington.
Nearly 250 missing in Indonesian ferry sinking
 
Reuters - Nearly 250 people are still missing from an Indonesian ferry which sank in heavy seas at the weekend, officials said on Monday, as bad weather hampered rescue efforts.
Israel battles Hamas as Egyptian truce talks plod on
 
AFP - Israeli infantry units clashed with Hamas fighters across Gaza on Monday as Israel sent reservists to boost its ground forces and talks on ending the 17-day-old war plodded on in Egypt.
European gas crisis deepens as deal collapses
 
AFP - Europe's energy crisis deepened Monday as the failure to resolve a bitter dispute between Russia and Ukraine left hundreds of thousands enduring a second week of freezing conditions without heating gas.
Palestinian death toll tops 900: official
 
GAZA (Reuters) - Israeli troops fought fierce gun battles with Hamas fighters on Monday, keeping military pressure on the Islamist group while avoiding all-out urban warfare that would complicate ongoing diplomatic efforts to end the Gaza war.
Citi nears Morgan Stanley brokerage deal
 
LONDON/NEW YORK (Reuters) - The break-up of U.S. banking powerhouse Citigroup moved a step closer, and Britain took control of a big stake in another top lender on Monday as the reshaping of the global financial landscape gathered pace.
Bank earnings may be "frightful"
 
NEW YORK (Reuters) - Government efforts to prop up U.S. banks and savings institutions have only partly cushioned the blow from what may have been the industry's worst three-month period since 1990.
Indonesia says about 250 missing in ferry sinking
 
PARE-PARE, Indonesia (Reuters) - Nearly 250 people are still missing from an Indonesian ferry which sank in heavy seas at the weekend, officials said on Monday, as bad weather hampered rescue efforts.
Ukraine signs gas deal to resume Russian supplies
 
MOSCOW/KIEV (Reuters) - Ukraine removed conditions on Monday that threatened a gas deal to resume Russian supplies, opening the way for the rival former Soviet states to resolve a row that has plunged much of Europe into an energy crisis.
Northern Plains face frigid storm; en route east
 
AP - Blizzard warnings were posted across the Northern Plains early Monday as a bitterly cold wallop of snow threatens the region, while residents of the Midwest and Northeast dug out after their own tussles with weekend storms.
Jail or penthouse? NY judge to rule on Madoff bail
 
AP - Bernard Madoff could be forced to trade his luxurious penthouse for a jail cell.
Bush schedules White House news conference Monday
 
AP - President George W. Bush is set to take questions from news reporters at a previously unannounced news conference in the final days of his administration.
Eagles, Steelers advance to championship games
 
AP - The Philadelphia Eagles and the Pittsbrugh Steelers have advanced to next weekend's NFL conference championship games.
Palestinian death toll tops 900: official
 
Reuters - Israeli troops fought fierce gun battles with Hamas fighters on Monday, keeping military pressure on the Islamist group while avoiding all-out urban warfare that would complicate ongoing diplomatic efforts to end the Gaza war.
Citi nears Morgan Stanley brokerage deal
 
Reuters - The break-up of U.S. banking powerhouse Citigroup moved a step closer, and Britain took control of a big stake in another top lender on Monday as the reshaping of the global financial landscape gathered pace.
Mounting job losses prod policymakers into action
 
Reuters - Policymakers facing growing job losses prepared new moves to bolster their economies on Monday, with Germany finalizing stimulus steps, Britain striving to protect jobs and the next U.S. president aiming to reshape rescue plans.
Indonesia says about 250 missing in ferry sinking
 
Reuters - Nearly 250 people are still missing from an Indonesian ferry which sank in heavy seas at the weekend, officials said on Monday, as bad weather hampered rescue efforts.
Russia ready to resume gas flow 'as soon as possible': government
 
AFP - Russian energy giant Gazprom is ready to resume gas supplies to the EU 'as soon as possible' once Ukraine fulfils conditions on gas transit, Prime Minister Vladimir Putin's spokesman said on Monday.
Palestinian death toll tops 900: Gaza official
 
GAZA (Reuters) - Israeli troops fought fierce gun battles with Hamas fighters on Monday, keeping military pressure on the Islamist group while avoiding all-out urban warfare that would complicate ongoing diplomatic efforts to end the Gaza war.
Job losses prompt action
 
LONDON (Reuters) - Policymakers facing mounting job losses prepared new measures to ease the pain on Monday and a gathering of top central bankers said the world's major economies would shrink this year but should then recover.
Vice President-elect Biden arrives in Iraq
 
BAGHDAD (Reuters) - Vice President-elect Joe Biden arrived in Baghdad Monday for talks with leaders of Iraq, where the withdrawal of some 140,000 American troops is seen as a key challenge facing the incoming U.S. administration.
Ukraine, Russia sign gas deal to help secure supplies
 
MOSCOW/BRUSSELS (Reuters) - Russia and Ukraine signed a deal on Monday for a second time to help secure the resumption of Russian gas supplies to Europe, cut off for nearly a week in freezing temperatures.
Bush won't make bailout request unless Obama asks
 
AP - President George W. Bush said Monday in the final news conference of his presidency that he would ask Congress to release the remaining $350 billion in Wall Street bailout money if President-elect Barack Obama asks him to do so. But he said Obama hasn't so far.
Bush renews call for 'two-state' Mideast solution
 
AP - President George W. Bush is repeating his long-standing call for creation of a Palestinian state and says Hamas must back off from its attacks on Israel.
Waves hinder search for 250 from Indonesian ferry
 
AP - Huge waves and driving rain hindered rescuers Monday as they searched for about 250 people missing and feared dead after a ferry packed with passengers and cargo capsized in a cyclone off Indonesia's Sulawesi island.
Top Army recruiter weighs fat camp for recruits
 
AP - The Army has been dismissing so many overweight applicants that its top recruiter, trying to keep troop numbers up in wartime, is considering starting a fat farm to transform chubby trainees into svelte soldiers.
GM exec says automaker may need more gov't money
 
AP - General Motors Corp.'s chief operating officer said Monday that the automaker has presented a worst-case scenario to Congress in which it would need more money than the $13.4 billion allocated by the Treasury Department.
Palestinian death toll tops 900: Gaza official
 
Reuters - Israeli troops fought fierce gun battles with Hamas fighters on Monday, keeping military pressure on the Islamist group while avoiding all-out urban warfare that would complicate ongoing diplomatic efforts to end the Gaza war.
Job losses prompt action
 
Reuters - Policymakers facing mounting job losses prepared new measures to ease the pain on Monday and a gathering of top central bankers said the world's major economies would shrink this year but should then recover.
Vice President-elect Biden arrives in Iraq
 
Reuters - Vice President-elect Joe Biden arrived in Baghdad Monday for talks with leaders of Iraq, where the withdrawal of some 140,000 American troops is seen as a key challenge facing the incoming U.S. administration.
Israel battles Hamas as toll passes 900
 
AFP - Israeli infantry units battled with Hamas fighters across Gaza on Monday as Prime Minister Ehud Olmert said he hoped Egyptian peace efforts could bring about a swift end to the war.
Russia promises to restore gas supply early Tuesday: EU
 
AFP - Russian gas supplies to Europe via Ukraine, cut last week, are set to resume Tuesday morning, the Czech EU presidency said Monday.
Obama seeks remaining $350 billion bailout money
 
WASHINGTON (Reuters) - President-elect Barack Obama has asked President George W. Bush to seek the remaining $350 billion of the $700 billion financial industry bailout, and he agreed to do so, the White House said on Monday.
Judge to rule on Madoff bail or jail
 
NEW YORK (Reuters) - A U.S. judge rules on Monday on whether or not to send accused swindler Bernard Madoff to jail while investigators probe a worldwide $50 billion investment fraud they said he confessed to last month.
Ukraine, Russia sign deal to ease Europe gas woes
 
MOSCOW/BRUSSELS (Reuters) - Russia and Ukraine signed a deal on Monday for a second time to help secure the resumption of Russian gas supplies to Europe, cut off for nearly a week in freezing temperatures.
Bush defends presidency in final news conference
 
AP - By turns wistful, aggressive and joking in the final news conference of his presidency, President George W. Bush vigorously defended his record Monday but also offered an extraordinary listing of his mistakes — including his optimistic Iraq speech before a giant 'Mission Accomplished' banner in 2003.
Bush agrees to ask for financial bailout funds
 
AP - President George W. Bush agreed to ask Congress on Monday to release the remaining $350 billion in financial sector rescue funds after receiving a request to do so from President-elect Barack Obama, the White House said.
ND gets blizzard on top of Dec.'s record snow
 
AP - A fast-moving blizzard brought snow and high winds to North Dakota Monday, closing schools and causing more headaches for residents still trying to dig out from a record snowfall last month.
Waves hinder search for 230 on Indonesian ferry
 
AP - Huge waves and driving rain hindered rescuers Monday as they searched for more than 230 people missing and feared dead after a ferry packed with passengers and cargo capsized in a cyclone off Indonesia's Sulawesi island.
'Slumdog' hits the jackpot at the Golden Globes
 
AP - Heath Ledger was honored with a Golden Globe, and Kate Winslet came away with two. But the top dog was 'Slumdog Millionaire,' the Bollywood fantasy that took four awards, including best drama.
Judge to rule on Madoff bail or jail
 
Reuters - A U.S. judge rules on Monday on whether or not to send accused swindler Bernard Madoff to jail while investigators probe a worldwide $50 billion investment fraud they said he confessed to last month.
Israel tanks advance in Gaza as toll passes 900
 
AFP - Israeli tanks punched their way towards the outskirts of Gaza City on Monday in some of the fiercest fighting on the ground of the conflict so far as the death toll from the war against Hamas passed 900.
Russia could restore gas supply early Tuesday: EU
 
AFP - Russian gas supplies to Europe via Ukraine, cut last week, could resume Tuesday morning provided Moscow is satisfied that no hurdles remain, the Czech EU presidency said Monday.
Judge allows Madoff to stay out of jail
 
NEW YORK (Reuters) - Accused swindler Bernard Madoff will be allowed to stay in his Manhattan apartment under house arrest, a U.S. judge ruled on Monday, rejecting a government request to throw him in jail.
Obama adviser: Need for remaining bailout money is 'urgent'
 
AP - Seeking to reassure wary lawmakers, President-elect Barack Obama's top economic adviser told congressional leaders Monday that Obama intends to broaden the goals of the remaining $350 billion financial bailout and impose tougher restrictions and oversight on how the money is spent.
Financier Madoff stays in penthouse, avoids jail
 
AP - A judge allowed disgraced money manager Bernard Madoff to remain free on bail Monday, rejecting an attempt by prosecutors to send him to jail for mailing more than $1 million in jewelry to family and friends over the holidays.
Slim hope for survivors of lost Indonesian ferry
 
AP - More than 230 passengers and crew were missing and presumed dead at nightfall Monday, after the boat suddenly capsized before dawn Sunday in a cyclone off the coast of Indonesia's Sulawesi island, killing hundreds aboard.
Franken campaign asks for certificate to take seat
 
AP - Democrat Al Franken is asking the Minnesota governor and secretary of state to issue an election certificate that would let him take office in the Senate.
Buying on Web to avoid sales taxes could end soon
 
AP - Shopping online can be a way to find bargains while steering clear of crowds — and sales taxes. But those tax breaks are starting to erode. With the recession pummeling states' budgets, their governments increasingly want to fill the gaps by collecting taxes on Internet sales, which are growing even as the economy shudders.
Lawyer: Winehouse's husband to file for divorce
 
AP - A lawyer for Amy Winehouse's jailed husband said Monday his client will be seeking a divorce on the grounds of the soul diva's alleged infidelity.
Broncos hire Pats coordinator McDaniels as coach
 
AP - The man who ran the New England Patriots' high-scoring offense is taking over as coach of the Denver Broncos, charged with revitalizing a team that failed to make the playoffs the past three seasons. Josh McDaniels, the Patriots' 32-year-old offensive coordinator, agreed to a four-year deal to replace Mike Shanahan, who was fired Dec. 30 after 14 seasons with a 146-91 record.
Judge allows Madoff to stay out of jail
 
Reuters - Accused swindler Bernard Madoff will be allowed to stay in his Manhattan apartment under house arrest, a U.S. judge ruled on Monday, rejecting a government request to throw him in jail.
EU wins Russian promise to restore gas supplies
 
AFP - The European Union secured Russian assurances on Monday that gas shipments to Europe would resume shortly after Moscow and Kiev re-signed a deal to monitor the flow to EU markets.
U.S. judge allows Madoff to stay out of jail
 
NEW YORK (Reuters) - Accused swindler Bernard Madoff will be allowed to stay in his Manhattan apartment under house arrest, a U.S. judge ruled on Monday, rejecting a government request to throw him in jail.
Gaza death toll tops 900
 
GAZA (Reuters) - Israel won renewed support from its key ally the United States on Monday when President George W. Bush said a ceasefire in the Gaza Strip depended on Hamas ending its rocket fire on Israeli towns.
Citi inches toward Morgan Stanley brokerage deal
 
NEW YORK (Reuters) - Citigroup Inc inched closer to selling a stake in its Smith Barney retail brokerage business to Morgan Stanley, but its shares tumbled as investors fretted over the bank's expected fourth-quarter loss and future capital needs.
Bush to seek last TARP funds
 
NEW YORK/LONDON (Reuters) - President George W. Bush agreed on Monday to seek the remaining half of $700 billion in aid for the beleaguered financial industry as a potential breakup of U.S. banking powerhouse Citigroup marked renewed upheaval in the global banking system.
Russia says to resume gas flows on Tuesday
 
NOVO-OGARYOVO, Russia (Reuters) - Russian Prime Minister Vladimir Putin ordered his officials on Monday to re-start gas supplies via Ukraine to Europe on Tuesday, six days after a contract row cut off customers in freezing temperatures.
Advisers say Obama preparing to close Gitmo
 
AP - President-elect Barack Obama is preparing to issue an executive order his first week in office — and perhaps his first day — to close the U.S. military prison at Guantanamo Bay, according to two presidential transition team advisers.
AP sources: Grand jury looking at Clemens case
 
AP - A federal grand jury is investigating whether Roger Clemens lied to Congress last year, two people briefed on the matter told The Associated Press on Monday. Both spoke on condition of anonymity because grand jury proceedings are supposed to be secret.
Pair accused of assault over unappreciated gift
 
AP - A couple accused of assaulting each other over an unappreciated Christmas gift have been ordered to stay away from each other. Randi Young, 24, and Heath Blom, 26, were arrested on Christmas day. Police said the pair argued after Blom complained about getting a Wii game system from Young instead of the remote control airplane he asked for. When Young started to leave, Blom allegedly grabbed her by the hair and she turned around and hit him,
Rickey Henderson, Jim Rice elected to Hall of Fame
 
AP - Rickey Henderson sped his way into the Hall of Fame on the first ballot Monday, and Jim Rice made it in on his 15th and final try. Henderson, baseball's career leader in runs scored and stolen bases, received 94.8 percent of the vote from the Baseball Writers' Association of America, well above the 75 percent needed.
U.S. judge allows Madoff to stay out of jail
 
Reuters - Accused swindler Bernard Madoff will be allowed to stay in his Manhattan apartment under house arrest, a U.S. judge ruled on Monday, rejecting a government request to throw him in jail.
Gaza death toll tops 900
 
Reuters - Israel won renewed support from its key ally the United States on Monday when President George W. Bush said a ceasefire in the Gaza Strip depended on Hamas ending its rocket fire on Israeli towns.
Obama seeks remaining $350 billion bailout money
 
Reuters - The incoming Obama administration sought from Congress the remaining $350 billion of the $700 billion financial industry bailout, promising more Americans would benefit directly and stricter limits would be imposed on companies getting government help.
Citi inches toward Morgan Stanley brokerage deal
 
Reuters - Citigroup Inc inched closer to selling a stake in its Smith Barney retail brokerage business to Morgan Stanley, but its shares tumbled as investors fretted over the bank's expected fourth-quarter loss and future capital needs.
Bush to seek last TARP funds
 
Reuters - President George W. Bush agreed on Monday to seek the remaining half of $700 billion in aid for the beleaguered financial industry as a potential breakup of U.S. banking powerhouse Citigroup marked renewed upheaval in the global banking system.
Hamas eyes victory in Gaza as Israel threatens 'iron fist'
 
AFP - The defiant leader of Hamas in the Gaza Strip vowed on Monday the Islamists would emerge victorious from the war in the Palestinian territory as Israeli tanks advanced on the main city.
Putin orders resumption of EU gas supplies
 
AFP - Russian Prime Minister Vladimir Putin on Monday ordered the resumption of gas supplies to the European Union, easing a crisis that has hit a swathe of countries and highlighted their dependence on Russia.
Burris approved for Obama's old Senate seat
 
WASHINGTON (Reuters) - U.S. Senate officials on Monday approved Roland Burris to fill the Senate seat vacated by President-elect Barack Obama, which would give Democrats 58 of the Senate's 100 seats, their biggest majority since 1981.
Obama seeks remaining $350 billion in bailout funds
 
WASHINGTON (Reuters) - U.S. President-elect Barack Obama on Monday sought the remaining $350 billion of federal financial bailout funds from Congress, pledging a major overhaul that would distribute the money more widely and impose tougher restrictions on recipient companies.
Senate Democrats to swear in Burris this week
 
AP - Eager to put the scandal-tainted standoff behind them, Senate Democrats accepted Roland Burris as President-elect Barack Obama's Senate successor on Monday and said they expect to swear in the new Illinois senator soon. 'He is now the senator-designate from Illinois and, as such, will be accorded all the rights and privileges of a senator-elect,' Senate Majority Leader Harry Reid and Sen. Dick Durbin of Illinois said in a joint statement.
Obama promises changes in use of bailout billions
 
AP - Seeking to reassure wary lawmakers, President-elect Barack Obama said Monday he will fundamentally change the way the second half of the $700 billion financial bailout fund is spent, focusing some of the relief on housing and small businesses. Obama asked President George W. Bush to submit a request to Congress so that the remaining $350 billion would be available quickly after the inauguration next Tuesday. Bush agreed to do so.
Israeli leader warns Hamas of 'iron fist'
 
AP - Israeli Prime Minister Ehud Olmert stood within Hamas rocket range Monday and warned Islamic militants that they face an 'iron fist' unless they agree to Israeli terms for an end to war in the Gaza Strip. Hamas showed no signs of wavering, however, with its leader, Ismail Haniyeh, saying the militants were 'closer to victory.'
Finger length may predict financial success
 
AP - The length of a man's ring finger may predict his success as a financial trader. Researchers at the University of Cambridge in England report that men with longer ring fingers, compared to their index fingers, tended to be more successful in the frantic high-frequency trading in the London financial district.
Burris approved for Obama's old Senate seat
 
Reuters - U.S. Senate officials on Monday approved Roland Burris to fill the Senate seat vacated by President-elect Barack Obama, which would give Democrats 58 of the Senate's 100 seats, their biggest majority since 1981.
Obama seeks remaining $350 billion in bailout funds
 
Reuters - U.S. President-elect Barack Obama on Monday sought the remaining $350 billion of federal financial bailout funds from Congress, pledging a major overhaul that would distribute the money more widely and impose tougher restrictions on recipient companies.
Prosecutors to appeal judge's ruling on Madoff
 
NEW YORK (Reuters) - Federal prosecutors said on Monday they will appeal a judge's decision that allows accused swindler Bernard Madoff to stay in his Manhattan apartment under house arrest.
Citi inches toward deal but shares off on fear of Q4 loss
 
NEW YORK (Reuters) - Citigroup Inc inched closer to selling a stake in its Smith Barney retail brokerage to Morgan Stanley, but its shares fell on concerns about the health of the bank's balance sheet and its fourth-quarter results.
Too little, too late for "green" Big 3?
 
DETROIT (Reuters) - Automakers at the world's premier auto show have pinned their hopes on 'green' models but for some companies the immediate future is shaping up as a battle for survival.
Bush asks Congress for final $350B from bailout
 
AP - Acting at Barack Obama's behest, President George W. Bush on Monday asked Congress for the final $350 billion in the financial bailout fund, effectively ceding economic reins to the president-elect in an extraordinary display of transition teamwork. Obama also sharply criticized Bush's handling of the money and promised radical changes.
Bush gets emotional, defends record in Iraq, home
 
AP - With rare public emotion, George W. Bush sat in judgment on his controversial, consequential presidency on Monday, lamenting mistakes but claiming few as his own, heatedly defending his record on disasters in Iraq and at home and offering kindly advice to a successor who won largely because the nation ached for something new.
Finger length may predict financial success, researchers say
 
AP - The length of a man's ring finger may predict his success as a financial trader. Researchers at the University of Cambridge in England report that men with longer ring fingers, compared to their index fingers, tended to be more successful in the frantic high-frequency trading in the London financial district.
Prosecutors to appeal judge's ruling on Madoff
 
Reuters - Federal prosecutors said on Monday they will appeal a judge's decision that allows accused swindler Bernard Madoff to stay in his Manhattan apartment under house arrest.
Citi inches toward deal but shares off on fear of Q4 loss
 
Reuters - Citigroup Inc inched closer to selling a stake in its Smith Barney retail brokerage to Morgan Stanley, but its shares fell on concerns about the health of the bank's balance sheet and its fourth-quarter results.
Too little, too late for "green" Big 3?
 
Reuters - Automakers at the world's premier auto show have pinned their hopes on 'green' models but for some companies the immediate future is shaping up as a battle for survival.
Israel tightens grip on urban parts of Gaza
 
GAZA (Reuters) - Israeli troops tightened their grip on urban areas in the Gaza Strip on Tuesday on the 18th day of an offensive against Hamas guerrillas, while world leaders struggled to coax the sides to a ceasefire.
Obama to order Guantanamo prison closed: adviser
 
WASHINGTON (Reuters) - President-elect Barack Obama will issue an executive order, probably within his first week in office, to close the prison at the U.S. Naval base at Guantanamo Bay, Cuba, an Obama transition adviser said on Monday.
Bad weather hits desperate Indonesia ferry search
 
PARE-PARE, Indonesia (Reuters) - Driving rain on Tuesday hit the hunt for more survivors from an Indonesian ferry that sank off Sulawesi island at the weekend, with the number of survivors creeping up to 34, officials said.
Senate Democrats clear Burris as Obama's successor
 
AP - Eager to put the scandal-tainted standoff behind them, Senate Democrats accepted Roland Burris as President-elect Barack Obama's Senate successor on Monday and said they expect to swear in the new Illinois senator this week. 'He is now the senator-designate from Illinois and, as such, will be accorded all the rights and privileges of a senator-elect,' Senate Majority Leader Harry Reid and Sen. Dick Durbin of Illinois said in a joint statement.
Bush seeks final bailout funds at Obama's behest
 
AP - Acting at Barack Obama's behest, President George W. Bush on Monday asked Congress for the final $350 billion in the financial bailout fund, effectively ceding economic reins to the president-elect in an extraordinary display of transition teamwork. Obama also sharply criticized Bush's handling of the money and promised radical changes.
Obama prepares to issue order to close Gitmo
 
AP - President-elect Barack Obama is preparing to issue an executive order his first week in office — and perhaps his first day — to close the U.S. military prison at Guantanamo Bay, according to two presidential transition team advisers.
Pair accused of assault over Wii Christmas gift
 
AP - A couple accused of assaulting each other over an unappreciated Christmas gift have been ordered to stay away from each other. Randi Young, 24, and Heath Blom, 26, were arrested on Christmas day. Police said the pair argued after Blom complained about getting a Wii game system from Young instead of the remote control airplane he asked for. When Young started to leave, Blom allegedly grabbed her by the hair and she turned around and hit him,
Israel tightens grip on urban parts of Gaza
 
Reuters - Israeli troops tightened their grip on urban areas in the Gaza Strip on Tuesday on the 18th day of an offensive against Hamas guerrillas, while world leaders struggled to coax the sides to a ceasefire.
Obama to order Guantanamo prison closed: adviser
 
Reuters - President-elect Barack Obama will issue an executive order, probably within his first week in office, to close the prison at the U.S. Naval base at Guantanamo Bay, Cuba, an Obama transition adviser said on Monday.
Russia says to resume gas flows on Tuesday
 
Reuters - Russian Prime Minister Vladimir Putin ordered the resumption of gas supplies via Ukraine to Europe on Tuesday, six days after a Russian- Ukrainian price row cut deliveries in freezing temperatures.
Israel, Hamas locked in fierce Gaza City clashes
 
AFP - Israeli troops and Palestinian gunmen fought fierce night-time clashes around the Gaza Strip early on Tuesday, as a war on Hamas that had killed more than 900 Palestinians entered its 18th day.
Israeli tanks advance more deeply into Gaza
 
GAZA (Reuters) - Israeli tanks rolled into densely populated parts of the city of Gaza on Tuesday and troops fought intense battles with Hamas militants as world leaders struggled to coax the sides into a ceasefire.
Obama seeks bailout funds amid corporate gloom
 
WASHINGTON/TOKYO (Reuters) - U.S. President-elect Barack Obama sought the remaining half of $700 billion in financial bailout funds from Congress, as sinking corporate earnings underlined the depth of the gathering recession.
Israeli tanks advance more deeply into Gaza
 
Reuters - Israeli tanks rolled into densely populated parts of the city of Gaza on Tuesday and troops fought intense battles with Hamas militants as world leaders struggled to coax the sides into a ceasefire.
Russia set to resume EU gas supplies
 
AFP - Russia was set to resume Tuesday pumping gas to the European Union, easing a crisis that has hit a swathe of countries and highlighted their dependence on Moscow.

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