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Global watchdog official says banking reforms must proceed (Reuters)

Reuters - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end.

Bernanke repeats vow to shield U.S. from Europe fallout (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)

ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.

Bernanke is expected to stick with low-rate stance (AP)

U.S. Federal Reserve Chairman Ben Bernanke testifies before a Senate Budget Committee hearing on the outlook for the U.S. Monetary and Fiscal Policy on Capitol Hill in Washington, February 7, 2012.   REUTERS/Jason Reed   (UNITED STATES - Tags: POLITICS BUSINESS)AP - Federal Reserve Chairman Ben Bernanke has called the economy "frustratingly slow." On Tuesday, Congress will find out whether he still thinks so, even after Friday's news that hiring surged in January and unemployment reached a three-year low.


Ex-Sen. Bob Kerrey not running again for Neb. seat (AP)

AP - Former Sen. Bob Kerrey said Tuesday he will not run for the Nebraska Senate seat he gave up more than a decade ago, shutting down hopes for a bid both parties called Democrats' best chance to hold the seat but that Kerrey himself described as a longshot.

Admiral: Special ops to streamline in Afghan war (AP)

AP - Adm. Bill McRaven said Tuesday that special operations forces in Afghanistan are preparing for a possible expanded role as overall U.S. forces begin to draw down after a decade of war.

Dad who killed self, sons in blaze left voicemail (AP)

In this undated photo provided by Chuck and Judy Cox, Chuck Cox sits with his grandsons, Charlie, left, and Braden, right, at the Coxes home in Pullayup, Wash. Charlie and Braden were killed along with their father, Josh Powell, on Sunday in what police said was an intentional fire set by Powell. Chuck Cox is the father of Powell's wife, Susan, who has been missing since 2009. (AP Photo/Courtesy Chuck and Judy Cox)AP - Before setting his house ablaze and killing himself and his two young sons, Josh Powell left a voicemail for family members saying he couldn't live without the boys and didn't want to go on anymore.


PIMCO'S El-Erian favors long-duration bonds, gold and oil (Reuters)

Reuters - Given the state of the global economy, investors should be underweight equities while favoring "selected commodities" such as gold and oil for the "geopolitical risk", Mohamed El-Erian, CEO and co-chief investment officer of bond fund giant PIMCO, told CNBC on Tuesday.

Axelrod defends administration birth control rule (AP)

AP - A political adviser to President Barack Obama said Tuesday the administration didn't intend to "abridge anyone's religious freedom" with its regulation requiring church-affiliated employers to cover birth control for their workers.

Mo. teen killer had troubled family, depression (AP)

FILE - In this Dec. 8, 2009 file photo, Alyssa Bustamante, 15, listens during a brief hearing where her attorney entered not guilty pleas on her behalf to charges of armed criminal action and first-degree murder in Cole County Circuit Court in Jefferson City, Mo. Bustamante, who admitted stabbing, strangling and slitting the throat of a young neighbor girl, wrote in her journal on the night of the killing that it was an 'ahmazing' and 'pretty enjoyable' experience — then headed off to church with a laugh. The words written by Bustamante were read aloud in court Monday, Feb. 6, 2012, as part of a sentencing hearing to determine whether she should get life in prison or something less for the October 2009 murder of her neighbor, 9-year-old Elizabeth Olten, in a small town west of Jefferson City. (AP Photo/Kelley McCall, Pool, File)AP - Abandoned by her mother and missing a father in prison, Alyssa Bustamante had plunged to the depths of depression before, once overdosing on a large bottle of painkillers, slicing her skin hundreds of times and carving the word "hate" in her arm. She recovered from her suicide attempt and was prescribed an antidepressant drug.


Blasts rock north Nigerian city

Two blasts rocked a northern Nigerian city Tuesday, including one targeting a military barracks, but the number of casualties was not immediately clear, officials said.

American Heart Association Certifies Kansas City Steak Company Top Sirloin Steak

KANSAS CITY, Mo., Feb. 7, 2012 /PRNewswire/ -- The American Heart Association has certified another Kansas City Steak product ( the 5 oz. Top Sirloin Steak ) as part of its Heart-Check Food Certification ...

Alcohol abuse higher among college students: study (Reuters)

Reuters - U.S. college students seeking treatment for substance abuse are more likely to be having trouble with alcohol but less likely to be abusing drugs like heroin, cocaine or methamphetamine than their non-student peers, according to a new government study.

New York to fete Giants with parade up Broadway (AP)

New York Giants quarterback Eli Manning, left, and Justin Tuck celebrate their team's 21-17 win over the New England Patriots in the NFL Super Bowl XLVI football game, Sunday, Feb. 5, 2012, in Indianapolis. (AP Photo/Eric Gay)AP - The New York Giants are returning from their Super Bowl win to a celebration the likes that only New York can throw: a ticker-tape parade in the Canyon of Heroes on Broadway, where the city has honored stars for almost a century.


Government health spending seen hitting $1.8 trillion (Reuters)

Reuters - Government spending for Medicare, Medicaid and other healthcare programs will more than double over the next decade to $1.8 trillion, or 7.3 percent of the country's total economic output, congressional researchers said on Tuesday.

US General to visit Pakistan (AP)

A Pakistan boy is silhouetted against sunset while he transport wood to be used as a fuel for cooking and heating in the cold weather on the outskirts of Islamabad, Pakistan on Tuesday, Feb. 7, 2012. (AP Photo/Anjum Naveed)AP - U.S. officials say a senior U.S. military commander will visit Pakistan this month in what could be an important step in healing the rift between the two nations.


Staff removed at LA school during abuse probe (AP)

Ivis Urbina, right, with her granddaughter Alexa Agillon, 6, protest with others outside Miramonte Elementary school in Los Angeles Monday, Feb. 6, 2012. About three dozen parents and supporters staged a protest at the Los Angeles-area school rocked by allegations of lewd conduct crimes by two teachers against children. They demanded greater communication with education officials and the placement of cameras in classrooms and hallways at Miramonte Elementary School. (AP Photo/Damian Dovarganes)AP - The entire staff at a Los Angeles elementary school is being removed while authorities investigate horrific allegations of sexual abuse by two of the school's teachers, one of whom is accused of blindfolding children, taping their mouths and photographing them in a classroom.


Will Google’s Insanely-Fast Kansas City Network Shame U.S. ISPs?

Google's highly-anticipated plan to build an ultra-fast city broadband network kicked into gear Monday with the search giant's announcement that it will begin laying miles of fiber-optic cable across Kansas City, Kansas and neighboring Kansas City, Missouri. Google said it aims to create a new "high speed infrastructure" that will allow local citizens to enjoy data speeds 100 times the national ...

German industrial output down 2.9 pct in December (AP)

AP - German industrial production fell 2.9 percent in December from the month before, according to official data released Tuesday, suggesting the country's economic slowdown could be worse than expected.

Marines practice amphibious war, storm US beaches (AP)

In this Feb. 6, 2012 photo, Marines watch over a Navy LCAC as it is unloaded during the joint Navy, Marine and NATO Amphibious assault called Bold Alligator in Camp LeJeune, N.C. Thousands of Marines are storming U.S. shores to train for a more modern version of the well-known beach assaults conducted during World War II. Military officials say the operation being conducted in Virginia and North Carolina is the largest amphibious training exercise they’ve attempted in at least a decade. (AP Photo/Steve Helber)AP - A small group of Marines trudged onto the beach sands in pitch-black night with an armada of U.S. Navy warships sailing just off the shore. Their mission: root out insurgents that threatened to attack another American force to the south.


Local Corporation’s Expanded Display Network Reaches Record One Billion Monthly Impressions

Local Corporation , a leading online local media company, today announced that its display network served a record one billion ad impressions during December 2011, up

UBS warns of poor Q1 as investment bank struggles (Reuters)

Reuters - Swiss bank UBS predicted further weakness in investment banking after a restructuring of the business failed to prevent an earnings hit from the euro zone debt crisis and worries about the global economy.

City receiver calls fiscal plan 1st step in solving Harrisburg's debt crisis

A new leader is expected to soon manage Harrisburg’s affairs. If Commonwealth Court confirms Unkovic’s plan, the COO essentially would be the city’s chief executive. Still, that doesn’t mean that person would take away Thompson’s responsibilities, Unkovic said.

New US sanctions on Iran aim to head off Israel (AP)

FILE- In this April 8, 2008, file photo  released by the Iranian President's Office, Iranian President Mahmoud Ahmadinejad, center, listens to a technician during his visit of the  Natanz Uranium Enrichment Facility some 200 miles (322 kilometers) south of the capital Tehran, Iran. For the first time in nearly two decades of escalating tensions over the Iranian nuclear program, it appears that world leaders are genuinely concerned that an Israeli military attack on the Islamic Republic could be imminent, an action that many fear might trigger war, terrorism and global economic havoc. (AP Photo/Iranian Presidents office, File)AP - Additional U.S. sanctions on Iran are more significant for their timing than their immediate effect on Iran's economy, coming as the United States and its allies are arguing that Israel should hold off on any military strike on Iranian nuclear facilities to allow more time for sanctions to work.


City Dwellers Demand Specialized Training

NEW YORK, Feb. 7, 2012 /PRNewswire/ -- On a daily basis, city dwellers are confronted with a number of hidden stresses, toxic assaults to the body and stimuli that are unique to an urban environment. The ...

A push for family input to detect dementia earlier (AP)

Alexis McKenzie, executive director of The Methodist Home of the District of Columbia Forest Side, an Alzheimer's assisted-living facility, right, shares a light moment with resident Catherine Peake, in Washington, Monday, Feb. 6, 2012. Dementia can sneak up on families because its sufferers are pretty adept at covering lapses early on, longer if their spouses are there to compensate. Doctors too frequently are fooled as well. Now specialists are pushing for the first National Alzheimer's Plan to help overcome this barrier to detection — urging what's called dementia-capable primary care, more screenings for warning signs, and regular checks of caregivers' own physical and mental health. (AP Photo/Charles Dharapak)AP - Alexis McKenzie's mother had mild dementia, but things sounded OK when she phoned home: Dad was with her, finishing his wife's sentences as they talked about puttering through the day and a drive to the store.


Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

German industrial output sees biggest fall since 2009 (Reuters)

Reuters - German industrial output posted its biggest fall in December since the depth of the financial crisis at the start of 2009, the Economy Ministry said on Tuesday, underperforming forecasts by a wide margin.

Gingrich's Guardian Angel: Could Sheldon Adelson Back Mitt Romney? (Time.com)

Time.com - Whether or not Newt Gingrich can carry on a real campaign against Mitt Romney depends in large measure on his political guardian angel, the Las Vegas casino billionaire Sheldon Adelson

Super Bowl: 5 Ways to Seem Smart About Sunday's Game (Time.com)

Time.com - Don't care much about the Giants-Patriots matchup? You're not alone. But here's how to play expert at your party

Shocking pictures open LA detective's murder trial (AP)

FILE - In this July 29, 2009 file photo, former Los Angeles police officer Stephanie Lazarus appears in court  in Los Angeles. Lazarus is accused of killing an ex-boyfriend's wife 23 years ago when she was a young officer. Opening statements in Lazarus' trial begin Monday, Feb. 6, 2012. (AP Photo/Nick Ut, File)AP - Shocking death pictures of a murdered woman were shown to jurors in the trial of former police detective Stephanie Lazarus — huge close-up portraits of the battered face of Sherri Rasmussen, who died 26 years ago.


Long-awaited ruling on CA gay marriage ban due (AP)

Assemblyman Timothy Eustace, right, D- Paramus, listens in Trenton, N.J., Thursday, Feb. 2, 2012, as son Kyle Eustace-Williams speaks fondly about his gay parents while addressing the Assembly Judiciary Committee in support of a bill legalizing gay marriage. (AP Photo/Mel Evans)AP - Supporters and opponents of California's ban on same-sex marriage were anxiously awaiting a federal appeals court decision Tuesday on whether the voter-approved measure violates the civil rights of gay men and lesbians.


City College of S.F. tells FBI of computer viruses

City College of San Francisco officials have informed the FBI that computer viruses with origins in criminal networks have been found on campus computers, but say they have yet to find a single victim whose identity has...

Oregon copter pilot has knack for finding the lost (AP)

Dan Conne carries two of his dogs out of the Curry County animal shelter in Gold Beach, Ore., on Sunday, Feb. 5, 2012 where they were cared for while he, his wife and son spent six nights lost in the forest of southwestern Oregon. The Connes were rescued Saturday. (AP Photo/Jeff Barnard)AP - A few years ago, John Rachor painted his helicopter orange and yellow, so it would be easier to spot if he ever crashed and became the target of a search and rescue operation in the rugged forests of southwestern Oregon.


All staff replaced at L.A. school after sex abuse allegations (Reuters)

Reuters - In an attempt to regain parents' trust, educational officials said on Monday they are replacing all staff at a Los Angeles school where two instructors are accused of having sexually abused children.

Kids in Washington home blast suffered chop wounds (Reuters)

Reuters - The two boys of a man who blew up his Washington state home, killing himself and his sons, suffered chop wounds in their final moments and died of smoke inhalation, a law enforcement official said on Monday.

Obama to seek more Alzheimer's research money (AP)

AP - The Obama administration wants to spend just over half a billion dollars on Alzheimer's research next year, hoping to battle back against what could become the defining disease of the aging baby-boom generation.

President's Economic Influence Isn't Limited -- Obama Just Misuses It (ContributorNetwork)

ContributorNetwork - COMMENTARY | Some would have us believe the president plays a much smaller role in determining what our economy does than most people believe. I think Americans believe the president has a lot of actual power to correct the economy, and that assumption is incorrect. But many chief executives have used the Oval Office to manipulate change and foster growth that isn't specifically empowered to the presidency.

City leaders to begin 'Move Long Beach' healthful-living initiative

City leaders want to help residents lead healthier, more active lives after a study last year showed alarmingly high levels of obesity in Long Beach Unified School District students.

Obama nominates Air Force's first female four-star general (Reuters)

Reuters - President Barack Obama has nominated Air Force Lieutenant General Janet Wolfenbarger to become the service's first woman four-star general, military officials said on Monday.

Litchfield superintendent search down to three with local ties

LITCHFIELD – One way or the other, the Litchfield School District’s next superintendent won’t have far to move. Members of the district’s search committee, who are seeking a new leader to replace retiring Superintendent Elaine Cutler, have narrowed their search to three candidates, each with local ties. The finalists, announced Monday, are Brian Cochrane, an assistant superintendent in Nashua ...

Search on for Philippine missing

Search and rescue teams look for survivors of a 6.7 magnitude quake that shook the central Philippines on Monday, leaving dozens dead or missing.

Oklahoma governor plans to cut state income taxes (Reuters)

Reuters - Oklahoma's Republican governor announced a plan on Monday to dramatically cut state income tax rates and eventually do away with them altogether, and said the state would pay for the cuts by closing "loopholes."

Washington D.C. workers probed in benefits fraud (Reuters)

Reuters - About 130 municipal employees in Washington, D.C. may have scammed the city by collecting jobless benefits while still at work, officials said on Monday, in the latest controversy to hit the local government.

'Halftime in America' ad creates political debate (AP)

This advertisement provided by Chrysler Group LLC, shows actor Clint Eastwood, featured in an ad titled 'It's Halftime In America,' which aired during Super Bowl XVLI, Sunday, Feb. 5, 2012. AP Photo/Chrysler Group LLC)AP - People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.


Electric car maker Fisker: Layoffs in Del., Calif. (AP)

AP - Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said Monday that it has laid off workers in Delaware and California.

SearchCap: The Day In Search, February 6, 2012

PPC managers over the years have always struggled with the right number of keywords to have in their accounts. Should you build out a big inventory of long tail keywords, or keep your campaigns neat and tidy, with fewer terms that account for most of the volume?

Dozens of Washington DC workers probed in benefits fraud (Reuters)

Reuters - About 130 Washington DC municipal employees may have scammed the city by collecting jobless benefits while still at work, the District of Columbia said on Monday, in the latest scandal to hit the local government.

IMF's Blanchard sees "very large" Greek haircut (Reuters)

Reuters - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden.

Gold falls as Greek debt crisis back in spotlight (AP)

AP - Gold prices fell Monday as the Greek debt crisis returned to the spotlight, renewing concerns about the impact that Europe's financial troubles could have on the global economy.
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