WORLD

Newt Gingrich

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

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.

Payroll Tax Cut Rejection Could Cost $1,000: People Say that is ‘Big Money’ for Them

Speaker of the House John Boehner applauds as President Barack Obama addresses a joint session of Congress about jobs creation.
Following the House of Representatives' rejection of legislation to extend the payroll tax cut and jobless benefits for two months, on Tuesday the White House took to social media asking people to comment on what the rejection meant to them. For an average taxpayer earning $50,000 a year, terminating the tax cuts could mean an extra $1000 in Social Security tax from Jan. 1, 2012. When broken down that is about $40 for a pay period of two weeks.
3G

Govt Will Not Allow 3G Roaming Pacts: Source

The telecoms ministry will tell carriers that they will not be allowed to offer third-generation (3G) services through roaming agreements with one another in zones where they do not have their own 3G airwaves.
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SEC

SEC Amends Net Worth Standard under Dodd-Frank Act

The value of a person's home will be excluded from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings, the Securities and Exchange Commission said Wednesday as it moves to adopt new standards under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
Rick Santorum

Rick Santorum News: Can He Win the Iowa Caucuses?

Rick Santorum has been a sideshow for most of the Republican presidential campaign. Now, two weeks before the Iowa caucuses, he has nabbed endorsements from two evangelical leaders, Bob Vander Plaats and Chuck Hurley. But is it too little, too late?
President Barack Obama needs several factors to break his way to improve his chance for re-election in 2012 -- the most important of which is U.S. job growth.

Obama Dials Up Boehner, Calls for Payroll Tax Cut Deal

President Barack Obama tried to budge a Congress currently deadlocked over how to bridge a divide between Senate and House plans for extending the payroll tax cut, with both sides seemingly stubborn in ceding middle ground.
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Canadian banks eye Cuban presence as tensions ease

Bank of Nova Scotia has applied to re-establish a presence in Cuba and a report says rival Royal Bank of Canada is considering a similar move in the wake of Cuban reforms and a thawing of the country's icy relationship with the United States.
Lesbian Couple Shares Historic "First Kiss"

Lesbian Couple Shares Historic 'First Kiss' in Navy Homecoming [VIDEO]

Two women, Marissa Gaeta and Citlalic Snell, made history yesterday as the first gay couple to get the first kiss, a Navy homecoming tradition where a sailor is chosen to be the first to greet his or her loved one. Their kiss is an LGBT victory after the repeal of Don't Ask, Don't Tell, and Navy officials say it's the first time a gay couple has ever participated in the tradition.
March president and CEO of Imperial Oil addresses shareholders at the company's annual general meeting in Calgary.

Imperial says Kearl project costs rise above $28 billion

Imperial Oil Ltd said on Wednesday it will go ahead with an C$8.9 billion ($8.65 billion) plan to double the size of its Kearl oil sands project, even as it said total costs for the massive mining operation have climbed by nearly a quarter.
Amazon Kindle Fire

Kindle Fire Pros and Cons: Should You Buy Amazon’s Tablet Computer?

The Kindle Fire is one of the hottest gifts this holiday season, but many users have voiced complaints over problems with Amazon's new tablet. We decided to take a closer look at the Kindle Fire to determine whether or not the tablet is worth your money this holiday season. What are the pros and cons of the Amazon Kindle Fire?
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NDAA Bill Controversy: So who is Considered a Terrorist?

The National Defense Authorization Act for Fiscal Year 2012 (NDAA) bill contains some controversial language that codifies the detention of anyone, including U.S. citizens, who is suspected of being terrorists or supporting terrorists.
Europe's Markets

Europe's Markets Close Lower Wednesday on ECB Tender Doubts

Europe's markets fell on Wednesday after the large take up rate by banks for cheap European Central Bank loans worried investors about the banks' funding needs and raised doubts they would use the money to buy the region's peripheral debt.
U.S. Secretary of of Defense Leon Panetta gestures as he prepares to depart Tripoli

Iran Will Not Be Allowed Nukes, Panetta Says

Iran will not be allowed to develop nuclear weapons, U.S. Defense Secretary Leon Panetta told CBS News on Monday, adding that despite efforts to spoil Iran's nuclear program the country has already progressed enough to assemble a bomb within a year or less.

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