UNITED STATES

Wall Street up as Portugal concerns ebb

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U.S. stocks rose on Wednesday after a healthy bond auction in Portugal eased nervousness about the euro zone's debt crisis while a spike in food prices lifted agricultural shares.

Fed says economy, jobs outlook improving

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The U.S. economy strengthened as the year drew to a close, according to a report from the Federal Reserve on Wednesday that cited rising employment levels across the country.
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UAW, non-U.S. automakers in preliminary talks

The United Auto Workers has had preliminary private discussions with some nonunion automakers about organizing U.S. plants as it aims to expand to Asian and European companies, UAW President Bob King said on Wednesday.
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Suicide blast in Kabul; bloody day for foreign troops

A suicide bomber on a motorbike killed two people and wounded more than 35 in Kabul on Wednesday and foreign troops suffered their bloodiest day this year with five deaths in different attacks around the country.
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Geithner gauging support for big tax change

The Obama administration is exploring ways to boost tax incentives for corporate investment in the United States, Treasury Secretary Timothy Geithner said on Wednesday, ahead of his meeting with chief financial officers from some of America's biggest companies.

Arizona bans funeral protesters within 300 feet

Arizona enacted a law on Tuesday that will forbid picketers to come within 300 feet of a funeral or burial service, a move meant to reduce the impact of planned protests of Arizona shooting victims by members of a Kansas-based church known for protesting the funerals of U.S. soldiers.
Former Alaska governor Sarah Palin speaks during the Republican 2010 Victory Fundraising Rally in Orlando, Florida

Palin responds to critics

Sarah Palin has broken her silence on the Arizona shootings, striking back at critics who have implied, or said outright, that Palin was to some degree culpable for inspiring the assassin Jared Lee Loughner due to shooting metaphors Palin has used in political campaigns.

US to press China on yuan, economy ahead of Hu visit

The United States wants a real, demonstrative commitment from China that it is serious about shifting away from export-led economic growth, a U.S. official told Reuters on Tuesday ahead of next week's state visit by China's Hu Jintao.
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Twins' bid to void Facebook settlement meets doubt

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.

Costly Terra Nova sci-fi TV show lands in May

Lost without Lost? Couldn't get enough of Avatar? Big budget, time-travel, mystery adventure series Terra Nova is coming to U.S. television in May, from the writers behind hit shows Star Trek and 24.
Faisal Shahzad, the Pakistani-American who tried to detonate a car bomb in Times Square, NYC in May 2010.

Hearings will focus on radicalization of American Muslims

U.S. Rep. Peter King, R-NY, is the new chairman of the House Committee on Homeland Security and, in that capacity, is planning hearings into, as he said, the radicalization of the American Muslim community and homegrown terrorism.

Obama will speak today at Arizona memorial service

President Barack Obama is set to deliver remarks in prime time at a memorial in Arizona on Wednesday for the victims of a shooting which left six people dead and 14 injured, including critically injured Rep. Gabrielle Giffords.
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Wall Street gains as bank shares advance

U.S. stocks rose on Wednesday after a healthy bond sale in Portugal helped ease concern over the latest sovereign debt crisis to crop up in Europe and signs of strength in the U.S. banking sector.
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Import prices rise 1.1 percent in Dec

U.S. import prices jumped in December as energy costs surged, a sign that while inflation may be tame domestically there are plenty of price pressures coming from overseas.

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