UNITED STATES

CalSTRS wants Facebook board to expand, add women

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The California State Teachers' Retirement System, the second-largest largest pension fund in the United States, wants Facebook Inc to expand its board of directors and diversify a panel that has no women.
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Disney revenue short of expectations, shares slip

Walt Disney Co's quarterly revenue fell short of Wall Street's expectations after the movie studio put in a poor showing, as the largest U.S. media corporation searched for new ways to grow its struggling ABC television unit.
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American Idol producer goes on attack against rivals

American Idol executive producer Nigel Lythgoe came out fighting against rival TV shows on Tuesday, calling singing contest The Voice a gimmicky show and making clear he was fed up with defending Idols slipping ratings.
Professional skateboarder Jordan Hoffart

Skateboarder Hoffart living the dream in California

Ever since Jordan Hoffart decided to turn his back on the seemingly incessant rain of his native Vancouver, he has been living his dream as a professional skateboarder in the perpetual sunshine of southern California.
A crane is seen at the border as workers renovate the fence between the U.S. and Mexico in Tijuana

U.S. ocean fence aims to curb smuggling from Mexico

U.S. authorities are building a steel and concrete barrier 300 feet out into the Pacific Ocean south of San Diego to curb dangerous attempts by illegal immigrants and smugglers to slip through the breakers to California.
Keystone Pipeline, North Dakota

Keystone XL Bill Passes House Committee

A plan to fast-track the stalled Keystone XL pipeline was passed by a key committee in the House of Representatives Tuesday, as Republicans made yet another attempt to spur approval of the project that has become a major issue in the 2012 elections.
U.S. Consumer Credit

Credit Card Charges in December Spike Consumer Credit

U.S. borrowers tacked on $19.6 billion in revolving -- mostly credit card-related -- debt in December, according to preliminary data from the Federal Reserve. Non-revolving credit was also up. Borrowing grew across all categories -- be it charges on commercial credit cards, student promissory notes, auto loans of fixed-term mortgages.
Cuba

Cuba Trade Embargo Turns 50

Tuesday marked the 50th anniversary of the United States' ban on trade with Cuba, a policy that has endured through 10 presidential administrations and the collapse of the Soviet Union.
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U.S. Stocks Extend Rally on Earnings Surprises; Euro Rises

U.S. stocks rose modestly Tuesday as strong earnings from Coca-Cola Co. and Yum! Brands Inc. offset concerns that Greece would default next month on a $19 billion euro bond redemption. European and Asian stocks were mixed, reflecting similar concerns.
Bernanke testifies before the Senate Banking Committee

Bernanke Urges Congress to Address Bush Tax Cuts

Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the U.S. economic recovery.

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