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Friday, September 16, 2011

AP Top Stories

Citi is raising the monthly fee on its basic checking account. The new fee will be $10, up from the previous $8. At the same time, the bank said that it will waive fees and offer bigger rewards if customers sign up for more services.

Treasury Secretary Timothy Geithner urged EU finance ministers on Friday to leverage their bailout fund to better tackle the debt crisis, but there was no agreement on what steps should be taken.

Goldman Sachs Group Inc is shuttering a well-known hedge fund that relies on computer-driven trading strategies after the portfolio rang up a hefty loss this year.

Austria's finance minister is criticizing U.S. Treasury Chief Timothy Geithner for lecturing the eurozone on its crisis strategy but refusing to listen to the currency union's suggestions.

General Electric Co. said Friday it has secured two separate deals in Russia that could generate between $10 billion and $15 billion in sales.

O’Malley Praises Rick Perry For In-State Tuition Law

Arguing that both political parties need to create a “new narrative” as the nation heads into a polarizing 2012 presidential election, Gov. Martin O’Malley said Thursday that none of the leading GOP candidates have “offered policies that are terribly different than the ones that got us into this mess” and he predicted that President Barack Obama would be reelected despite sagging poll numbers.

Speaking to a regular breakfast gathering of political reporters in Washington, O’Malley also offered sly praise for the leading GOP presidential candidate, Texas Gov. Rick Perry, for supporting a 2001 law in Texas that permits some illegal immigrants to attend college at in-state tuition rates. The law, similar to one passed in Maryland this year, has recently been used against Perry by his Republican opponents.

“One thing I do like about Perry -- I do like the fact that he recognizes that fair is fair and if a family’s paying in-state taxes, they should pay in-state tuition,” the Maryland Democrat said at the breakfast, hosted by the Christian Science Monitor. “I think he’s right in making that assertion… Just because Congress can’t get things done and just because we can’t overcome our current affliction of xenophobia and have a rational immigration policy again, is no reason to condemn hardworking kids.”

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No Jail For Woman Who Shot Husband

SNOW HILL -- A Bishopville woman, arrested on attempted murder charges in May after shooting her newlywed husband in the abdomen with a small caliber pistol during a domestic argument will not face jail time after being found guilty this week on a first-degree assault charge. Alice Carmita Johnson, 72, of Bishopville, on Tuesday appeared in Worcester County Circuit Court to face attempted murder and other serious charges after allegedly shooting her husband of just six months during a...

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Brad Pitt: Jennifer Aniston Wasn't Dull - I Was


(CBS) Brad Pitt is backtracking on comments he made about his marriage to Jennifer Aniston in a recent interview.

The actor told Parade magazine: "I spent the '90s trying to hide out, trying to duck the full celebrity cacophony. I started to get sick of myself sitting on a couch, holding a joint, hiding out. It started feeling pathetic. It became very clear to me that I was intent on trying to find a movie about an interesting life, but I wasn't living an interesting life myself. I think that my marriage had something to do with it. Trying to pretend the marriage was something that it wasn't."

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BREAKING NEWS: 75 Injured in Air Race Crash

Medical official reports 75 people were injured, including 25 critically, in Nevada air race crash.

BREAKING NEWS: 75 Injured in Air Race Crash

Medical official reports 75 people were injured, including 25 critically, in Nevada air race crash.

Timeline Of Events Leading To City Manager’s Removal

OCEAN CITY -- A whirlwind of events took place at City Hall last Thursday and Friday, culminating ultimately in City Manager Dennis Dare tendering his resignation pending an accord on conditions and terms. Here’s a timeline of events: Thursday, Sept. 8 4 p.m.: Without City Solicitor Guy Ayres or City Manager Dennis Dare in attendance, Mayor and Council meet in council chambers and vote to convene in closed session “to discuss the appointment, employment, assignment, removal...

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China Gives Angry Birds New Reason To Be Angry

Add Angry Birds to the list of Western products and services that have wound up used without license in China.

A theme park inspired by the popular mobile game opened Sept. 1 in Changsha, a city in China's Hunan province, where visitors take turns with giant slingshots that shoot the birds at pig balloons.

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Man Carries Anti-Gerrymandering Campaign To All Redistricting Hearings

Howard Gorrell says he had no intention of attending all 12 public hearings of the Governor’s Redistricting Advisory Committee when he found himself the first witness at the first hearing July 23 in Hancock. But he did, and he was the final witness at the final hearing Monday. Gorrell’s message from first to last was fairly simple: No gerrymandering. No drawing of lines for political gain.

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Study: Weight Issue Hardest For Parents To Address


(CBS News)

Guess what is the hardest thing to talk with their kids about? It's not drugs, drinking or sex. It's weight.

A national "Raising Fit Kids" study reveals that being overweight is a more difficult topic for parents to talk to their teens about than the traditionally touchy subjects of drugs, alcohol, smoking and even sex. The study finds one quarter of parents avoid discussing their children's size with them.

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Slew Of Foreclosed Homes To Hit The Market In Early 2012

Last year, several of the country's largest mortgage servicers — Bank of America, GMAC/Ally, JPMorgan Chase, among others — were forced to hit the pause button on foreclosure procedures after it was revealed that many foreclosure documents were being rubber stamped by untrained, ill-informed "robo-signers." This delay caused a bottleneck of foreclosure-worthy properties waiting to be reviewed. But now it looks like those homes are starting to trickle out into what could be a flood in early 2012.

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Heavy Winds And Rain Impact The Chesapeake Bay

Recent storms caused serious damage when they made landfall along the East Coast in September. Although the storms have since passed, their impact is still being felt in and along local streams and waterways as well as in the Chesapeake Bay. A brown plume of sediment filled with trash, debris, sewage and other pollutants is currently making its way down the Chesapeake Bay. People have reported seeing tires, dining room chairs and even toilet seats floating in local waterways. Satellite images, like this one shown from NASA, track the pollution coming from large tributaries like the Susquehanna, Potomac and Rappahannock rivers.

Charlie Sheen Says He's Not Mad At "Men" Anymore

(CBS/AP) Charlie Sheen appeared on "The Tonight Show" Thursday to talk about what's going on his life these days and get this: He's not angry about the whole "Two and a Half Men" thing anymore. What a nice guy!
Sheen radiated a forgiving mood toward his old workplace. Asked by host Jay Leno if he's still angry at the sitcom's producers and network, he said no: He would have fired himself, had he been in their shoes. Then he added with a laugh, "Well, maybe not like they did."

NFL: All 16.6 Million Ticket-Holders Should Receive Additional Frisking Before Entering Stadium

In the NFL, an illegal touching penalty will set your team back five yards. But the league has absolutely no problem with telling all 32 of its franchises that every fan should be frisked from the ankles-to-knees and then again from the waist up.

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5 Myths About Your Credit Score

How one's credit score is computed is to most people a complete mystery, akin to figuring out a quarterback's passer rating. Thus, there are numerous myths and half-truths that have attached themselves to credit scores, some of them having at least a partial basis in fact.

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BREAKING NEWS: 'Mass Casualty Situation'Aat Air Race

Plane crash at Nevada air race is described as a 'mass casualty situation,' with reports of dozens injured.
From Fox News

I Miss Sunday Ticket Football Games, Get Refund In Sony Online Store Credit

DirecTV's Sunday Ticket To Go is a service for football fans who can't have or don't want a satellite dish bolted to the side of their house. It streams Sunday afternoon out-of-market football games to computers, mobile devices, and as of this week, to the Sony Playstation 3. At $340 for the season, it's not cheap, but football fans love it anyway. The service's Playstation debut on Sunday didn't work all that well for most customers, and didn't work for Edward at all. He called for a refund, which was issued, then canceled. Instead of a refund to his credit card, he and other users will receive a store credit. For $25. To the Playstation Network store. "As if that is somehow comparable!" he fumed to Consumerist.

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Dead Cats Found In N.J. Man's Freezer


(CBS News)

UPPER PITTSGROVE Twp., N.J. - The bizarre rants on Facebook led to the dead cats in a freezer.

CBS Station KYW reports that a Salem County man wrote about dying animals on his Facebook page, soliciting money for a PayPal account to help care for them.

Ian Barlow also referred to maggots, and posted pictures of dead cats.

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Two Agencies To Get Budget Increases

Two independent agencies would see budget increases next year under a bill approved by the Senante Appropriations Committee. The panel recommends a 19 percent hike for the Securities and Exchange Commission and an 18 percent hike for the Commodity Futures Trading Commission. No Republican on the Appropriations committee voted in favor. Meanwhile, the committee approved a four percent cut for the IRS and a three percent cut for NASA.

Default Rates On Student Loans Soar To 15%

In 2010, as the buzz of economic recovery swept over the nation, we were warning of the unemployment crisis and how it would affect college graduates who were told that once out of college they’d be quickly absorbed into the job market where they’d make all of their wildest financial dreams come true.
While unemployment for college grads is 15% according to Bloomberg, we know for a fact that the overall rate of unemployment, per economist John Williams of Shadow States, is actually at around 22%.
It’s not just college students, it’s everybody – one in five able bodied Americans are out of work right now.
There is a reason that these numbers, especially for college grads, are peaking at levels we have never seen before: it’s because our economy is shambles with no clear recovery in sight.
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