UNITED STATES

Why The Democrats May Prefer Gingrich over Romney as Obama’s Presidential Rival

Newt Gingrich
There are only ten days left for Iowa - the first GOP caucus state to go to polls - and there are still no signs of a clear Republican frontrunner. Furthermore, given an erratic approval graph, the best chance for President Obama and his hopes of a re-election will have to be a weak Republican candidate. Keeping that in mind, the Democrats and Obama will be happy to face former U.S. Speaker Newt Gingrich rather than the former Governor of Massachusetts, Mitt Romney.
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Futures gain with GDP, jobless data ahead

Stock index futures rose on Thursday, putting the S&P 500 on track for its third straight day of gains as investors looked to a batch of economic data for signs the economy will continue to slowly improve.
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European stocks gain as bank funding pressure eases

Financial stocks led a solid recovery on European share markets Thursday in thin trade and bank-to-bank lending rates fell, as signs grew that the nearly half a trillion euros banks borrowed from the region's central bank will ease funding strains.
Aisha Khan

Aisha Khan: Missing Student Found Safe, Not Abducted

Aisha Khan, a teenager from Olathe, Kansas, who went missing on Dec. 16, from the Edwards campus of the University of Kansas has been found, said Overland Park police officials. According to a statement released late on Wednesday evening, she was not abducted and had left of her own free will.
Europe's Markets

Gold, Euro in Tight Range, European Stocks up

Rising European stocks and a weaker dollar supported gold Thursday, but the yellow metal remained tethered to the previous day's closing price on light volume and a lack of anything that encouraged risk taking.
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Apple iPhone market share slips in Europe: research firm

The long-awaited launch of the iPhone 4S has helped Apple win market share in the United States and Britain, although it is losing ground in the rest of Europe, data from research firm Kantar Worldpanel ComTech showed on Thursday.
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Democrats seek victory in payroll tax cut fight

With House of Representatives Republicans under attack from friends and foes, Democrats held out for victory in a fight over extending a payroll tax cut for millions of workers that is set to expire at year's end.
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Michael Douglas' son handed more prison time

The son of Oscar-winning actor Michael Douglas was sentenced on Wednesday to an additional 4 and a half years in prison for taking drugs while jailed on separate offenses of possessing and dealing narcotics.
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China slams Christian Bale for creating news

China slammed Hollywood actor and Batman star Christian Bale Wednesday for creating news after he was roughed up by security guards as he attempted to visit a blind legal activist whose detention has sparked a domestic and international outcry.
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Rio police seek to indict Chevron, Transocean officials

Federal police in Brazil on Wednesday recommended the indictment of several Chevron and Transocean officials involved in an oil spill in early November for environmental crimes and withholding information in an investigation.
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Lesbian couple share traditional Navy first kiss

History was made on a Virginia Beach pier on Wednesday when two women sailors, one just home from 80 days at sea, became what was believed to be the first same-sex couple to share the Navy's traditional first kiss.
Tilda Swinton is interviewed at the Academy of Motion Picture Arts and Sciences' 2011 Governors Awards in Hollywood, California

Buzz spurs early NYC release for Tilda Swinton movie

With Tilda Swinton having racked up Golden Globe and SAG Award nominations for her role in We Need to Talk About Kevin, distributor Oscilloscope Laboratories has pushed up the New York City release date for the psychological thriller.
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BofA's Countrywide to pay $335 million over bias case

Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, an historic settlement for the Obama administration in the wake of the subprime mortgage morass.
Kim Jong-il

Kim Jong-Il: Into the North Korean Leader's Mind

Kim Jong-Il died on Dec. 17, 2011, ending his brutal reign over North Korea. Experts have determined that he exhibited the so-called big six personality disorders that include being sadistic, antisocial, paranoid, narcissistic, schizoid, and schizotypal. Now they reveal the impact this will have on his son, Kim Jong-Un.
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Investment fund pushes for AOL strategy shake-up

Activist investment fund Starboard Value has taken a 4.5 percent stake in AOL Inc and is pushing for a meeting with the Internet company's chief executive and the board to address what it sees as strategic failings.

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