OTTAWA (Reuters) – Canada‘s finance minister on Wednesday welcomed the U.S. “fiscal cliff” agreement, but warned that significant risks remain and urged more action to put the U.S. fiscal situation on a sustainable path.“Canada welcomes the agreement reached between the president and the Congress that protects the U.S. economy in the short term,” Finance Minister Jim Flaherty said in a statement.“That...
What the “Fiscal Cliff” Bill Means to Taxpayers
Label: WorldThe Senate passed a deal to address the so-called “fiscal cliff” 90 minutes after the midnight deadline by a vote of 89 to 8. The bill then moved to the House of Representatives, which passed the measure 257-167 late Tuesday night.In addition to the tax changes, the Senate and House agreed to a two-month delay in addressing $ 110 billion in government spending cuts (aka the “sequester”), which were...
Wall Street starts 2013 with a rally on "cliff" agreement
Label: WorldNEW YORK (Reuters) - U.S. stocks jumped on the year's first day of trading, after Washington lawmakers cut a last-minute deal to avert automatic tax hikes that threatened to stunt economic growth. With the gains, the S&P 500 was on target for its highest close since October 19. The rally was broad-based, with nine stocks rising for every one falling on the New York Stock...
Ray Lewis to retire after playoffs
Label: TechnologyOWINGS MILLS, Md. (AP) — Ray Lewis will end his brilliant 17-year NFL career after the Baltimore Ravens complete their 2013 playoff run.Lewis has been sidelined since Oct. 14 with a torn right triceps. The 13-time Pro Bowl middle linebacker intends to return Sunday to face the Indianapolis Colts in what will almost certainly be his final home game."I talked to my team today," Lewis said Wednesday....
Time to rebrand in Lincoln's image?
Label: LifestyleWade Henderson thinks the modern Republican Party should look to Abraham Lincoln for some inspiration.STORY HIGHLIGHTSWade Henderson: January 1 is 150th anniversary of the Emancipation Proclamation He says GOP should look to Lincoln, a canny politician who led moral fight on civil rightsHe says GOP has history of civil rights support that it has largely abandoned in recent yearsHenderson: In 2012,...
Paparazzo killed on freeway after photographing Justin Bieber’s car
Label: Health(Reuters) – A celebrity photographer was struck and killed by a car on a Los Angeles highway on Tuesday after snapping photographs of a Ferrari registered to pop star Justin Bieber, police said.Bieber wasn’t in his car, which had been pulled over by California Highway Patrol officers on Interstate 405 for suspected speeding, Los Angeles Police Department Officer Cleon Joseph said on Wednesday.Highway...
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UK assumes presidency of G8 group
Label: Business31 December 2012 Last updated at 22:18 ETThe UK is assuming its year-long presidency of the G8 group of nations.The presidency – which rotates through the G8 members – means it will host the annual leaders’ summit and choose the global priorities that are discussed.June’s summit is to be held at Lough Erne, in County Fermanagh, while topics discussed will include tax havens.The G8 is made up countries...
Smoking Ban Includes Electronic Cigarettes, South Beach Smoke Wants More People Educated
Label: WorldMIAMI, FL–(Marketwire – January 01, 2013) - The town of Great Barrington, MA has expanded its anti-smoking ordinance to include electronic cigarettes.An electronic cigarette resembles a cigarette but delivers nicotine in a vapor form rather than smoke. So why ban it if doesn’t cause the same harmful side effects as a traditional cigarette?The purpose of the town’s updated smoking ordinance is to ensure...
Senate approves "fiscal cliff" deal, crisis eased
Label: WorldWASHINGTON (Reuters) - Washington's last-minute scramble to step back from a recession-inducing "fiscal cliff" shifted to the Republican-controlled House of Representatives on Tuesday after the Senate approved a bipartisan deal to avoid steep tax hikes and spending cuts. In a rare late-night show of unity, the Senate voted 89 to 8 to raise some taxes on the wealthy while keeping income...
Reid among 7 NFL coaches sacked in firing frenzy
Label: TechnologyAndy Reid is the winningest coach in the history of the Philadelphia Eagles. Lovie Smith led the Chicago Bears to the 2007 Super Bowl.Now they're looking for work.Seven coaches and five general managers were fired Monday in a flurry of pink slips that were delivered the day after the regular-season ended.Ken Whisenhunt is out after helping Arizona reach the Super Bowl following the 2008 season. Also...
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