NEW YORK: Oil prices surged higher on Monday after US politicians signaled a last-minute compromise deal was in view to avert driving the economy over a fiscal cliff toward recession.New York's main contract, light sweet crude for delivery in February, gained $1.02 from Friday to close at $91.82 a barrel.Brent North Sea crude for February settled at $111.11 a barrel, up 49 cents.Over the...
Infiniti teases Q50, an update to the G sedan
Labels: LifestyleInfiniti's teaser photo reveals some radically new styling for the G sedan replacement.(Credit:Infiniti)Infiniti says it will unveil a new sport sedan, called the Q50, at the upcoming Detroit auto show. The model introduces the brand's new naming strategy, and is billed as a replacement for the current G sedan.Typical for pre-auto show teasers, all we get is an image of the newcar's headlight. However,...
Lovie Smith fired as Bears coach after 9 seasons
Labels: Health LAKE FOREST, Ill. The Chicago Bears fired coach Lovie Smith on Monday after the team missed the playoffs for the fifth time in six seasons. Smith was informed of the decision by general manager Phil Emery on the day after the Bears beat Detroit to finish 10-6 but still didn't make the playoffs. 10 PhotosNFL coaches, GMs sacked in firing frenzy Smith led the Bears to a Super Bowl, but also saw...
Fiscal Cliffhanger: Tax Deal 'Within Sight,' Not Done
Labels: Business President Obama said an 11th-hour agreement to avert year-end tax hikes on 98 percent of Americans is "within sight" but not yet complete with just hours to go before the nation reaches the so-called fiscal cliff."There are still issues left to resolve but we're hopeful Congress can get it done," Obama said at a midday White House news conference. "But it's not done."Congressional...
State Department made "grievous mistake" over Benghazi: Senate report
Labels: WorldWASHINGTON (Reuters) - The State Department made a "grievous mistake" in keeping the U.S. mission in Benghazi open despite inadequate security and increasingly alarming threat assessments in the weeks before a deadly attack by militants, a Senate committee said on Monday. A report from the Senate Homeland Security Committee on the September 11 attacks on the U.S. mission and a nearby...
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Nobel medicine laureate Levi-Montalcini dies aged 103
Labels: Technology ROME: Nobel medicine laureate Rita Levi-Montalcini, a neurologist and developmental biologist, died on Sunday at her home in Rome aged 103.She was the oldest living Nobel laureate at the time of her death.Levi-Montalcini shared the prize with colleague Stanley Cohen in 1986 for their ground-breaking discovery of growth factors.The Nobel committee cited the pair for advancing "our knowledge...
More proof that social media experts aren't
Labels: LifestyleSNL's caricature of one of these experts.(Credit:NBC Screenshot by Chris Matyszczyk/CNET)Sometimes I worry.I worry that at the bottom of the fiscal cliff is another fiscal cliff. I worry that my future wife who currently won't acknowledge me will only, in fact, acknowledge me when I have another future wife.And I worry that social media experts have all the expertise of a Labrador offering a lecture...
Pakistan terror incidents threaten peace talks
Labels: Health ISLAMABAD The killing of 41 people in two separate terrorist incidents in Pakistan appeared on Sunday to temporarily halt prospects for immediate peace talks between Pakistani authorities and Taliban militants, two senior Pakistani intelligence officers and a senior western diplomat in Islamabad warned. Both intelligence officers said that the fallout of the killings may even harm U.S. plans to...
Cliffhanger: 'Major Setback' For Budget Talks
Labels: Business With less than two days remaining for Congress to reach a budget agreement that would avoid the so-called "fiscal cliff," ABC News has learned that negotiations have reached a "major setback."According to Democratic sources the row was sparked when the GOP offered a proposal that included a new method of calculating entitlement benefits with inflation. Called the "chained consumer...
Body of India rape victim cremated in New Delhi
Labels: WorldNEW DELHI (Reuters) - The body of a woman, whose gang rape provoked protests and rare national debate about violence against women in India, arrived back in New Delhi on Sunday and was cremated at a private ceremony. Scuffles broke out in central Delhi between police and protesters who say the government is doing too little to protect women. But the 2,000-strong rally was confined to...
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