Saturday, January 28th, 2012 05:48 pm Click Home, Schedule, or Listen    
   
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BUSINESS HEADLINES
IMF leads global push for euro zone to boost firewall (Reuters)
Reuters - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying if it is big enough it will not get used.
Rep. Barney Frank mourns ex-Boston Mayor White (AP)

FILE- This Nov. 1, 2006 file photograph shows former Boston Mayor Kevin White outside Faneuil Hall in Boston Wednesday, Nov. 1, 2006. Former Mayor Kevin H. White, who led the city for 16 years including racially turbulent times in the 1970s, died Friday, a family spokesman said. He was 82. (AP Photo/Elise Amendola)AP - Retiring Rep. Barney Frank says former Mayor Kevin White was a political pioneer who opened up the Boston political system to African-Americans, women and gays, and pushed Frank to abandon plans to pursue an academic career and get into politics.


American economy not healthy yet, but it's healing (AP)

FILE - In this Aug. 30, 2011 file photo, 2011 Chevrolet Malibus are lined up at a car dealership in San Jose, Calif. The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011, according to the Commerce Department, Friday, Jan. 27, 2012. Americans spent more on cars and trucks, and companies restocked their shelves at the strongest pace in nearly two years. But growth in the October-December quarter — and all of last year — was held back by the biggest annual government spending cuts in four decades. (AP Photo/Paul Sakuma, File)AP - The American economy may not be truly healthy yet, but it's healing.


Exiting watchdog sees flaws in SEC's rulewriting (Reuters)
Reuters - In his final act before departing the Securities and Exchange Commission on Friday, the agency's inspector general, David Kotz, criticized how the agency analyzes the economic impact of some of its Dodd-Frank rules.
Hotel industry looks for deal pace to pick up (Reuters)
Reuters - Hotel companies and real estate firms are optimistic that deal transactions will pick up this year despite concerns about Europe's economy and challenges in obtaining debt financing.
Fitch warns Washington state over budget gap (Reuters)
Reuters - On the heels of a warning on Friday by Fitch Ratings that it could lower its rating on Washington state's general obligation bonds, a top lawmaker said talks on balancing the state budget would gain momentum after a key forecast next month.
Some G20 countries soften stance on Europe: sources (Reuters)
Reuters - Some of the world's biggest economies want to move quickly on a cash injection for the International Monetary Fund to help rescue the euro zone, but hardliners may still scupper an early deal to boost the fund's war chest, G20 sources said on Friday.
 

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NATIONAL HEADLINES
from ABC NEWS
Sandusky asks court to allow visits with grandchildren (Reuters)
Reuters - Former Penn State University football coach Jerry Sandusky, who is under house arrest on charges of child sexual abuse, has asked a Pennsylvania court to allow supervised visits with his grandchildren that are now prohibited.
Blood found where missing Maine girl last seen (Reuters)
Reuters - Authorities have found blood at the Waterville, Maine, home where a missing 20-month-old girl vanished six weeks ago and have serious doubts she was abducted, police said on Saturday.
Snowy owls soar south from Arctic in rare mass migration (Reuters)
Reuters - Bird enthusiasts are reporting rising numbers of snowy owls from the Arctic winging into the lower 48 states this winter in a mass southern migration that a leading owl researcher called unbelievable.
Should Undercover Video Be Banned at Livestock Farms? (Time.com)
Time.com - In a controversy raging in six states, lawmakers are debating whether to criminalize the covert filming of farm activity
Tax Returns and Tithing: How Mitt Romney Gives Away 16% of His Income (Time.com)
Time.com - When Mitt Romney released his 2010 tax returns on Tuesday, the one number that stood out wasn't his 14% effective tax rate or his $20 million-plus annual income. It was the $7 million he gave to charity over the last two years
Barefoot Bandit gets 6.5 years of federal time (Reuters)
Reuters - A serial burglar nicknamed the Barefoot Bandit was sentenced on Friday in Seattle to 6-1/2 years in prison for his guilty plea to federal charges stemming from a sensational, two-year crime spree as a sometimes-shoeless teenage runaway.
Ala. tornado survivors help after latest twisters (AP)

In this Friday, Jan. 27, 2012 photo, Rick Johnson, 55, cooks chicken for victims of the tornadoes that hit Alabama recently in a church parking lot in Cordova, Ala. Johnson is among the survivors of last year's April tornado outbreak who are pitching in to assist communities that were struck by the most recent onslaught. (AP Photo/Jay Reeves)AP - Survivors still haunted by memories of last year's tornado outbreak that killed 250 in Alabama are writing checks, donating diapers and standing over hot grills to help victims of the latest twisters to pummel the state.


US weapons for future include key relics of past (AP)

Defense Secretary Leon Panetta outlines the main areas of proposed spending cuts during a news conference at the Pentagon, Thursday, Jan., 26, 2012. (AP Photo/Pablo Martinez Monsivais)AP - The lineup of weapons the Pentagon has picked to fit President Barack Obama's new forward-looking defense strategy, called Priorities for 21st Century Defense, features relics of the past.



 
 
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Iowa State stuns No. 5 Kansas, 72-64 (AP)

Iowa State forward Melvin Ejim drives to the basket past Kansas forward Justin Wesley (4) during the first half of an NCAA college basketball game, Saturday, Jan. 28, 2012, in Ames, Iowa. (AP Photo/Charlie Neibergall)AP - Royce White had 18 points and nine rebounds as Iowa State upset fifth-ranked Kansas 72-64 on Saturday, snapping the Jayhawks' winning streak at 10 games.


Giants' front four set to go after Pats QB Brady (AP)

New York Giants defensive ends Jason Pierre-Paul, left, and Justin Tuck meet during NFL football practice on Friday, Jan. 27, 2012, in East Rutherford, N.J. The Giants are scheduled to face the New England Patriots in Super Bowl XLVI on Feb. 5 in Indianapolis. (AP Photo/Bill Kostroun)AP - Defense for the New York Giants starts with the front four.


Tiger Woods shoots 66 to share lead in Abu Dhabi (AP)

Tiger Woods from U.S., right, shakes hands with Rory McIlroy on the 18th hole after they finished the third round of Abu Dhabi HSBC Championship, Saturday, Jan. 28, 2012, in Abu Dhabi, United Arab Emirates. (AP Photo/Kamran Jebreili)AP - Tiger Woods put himself in position to win his second straight tournament Saturday, and this one would leave little doubt about which direction his game is going.


Azarenka routs Sharapova to win Australian title (AP)

Victoria Azarenka of Belarus hold the trophy during the awarding ceremony after defeating Maria Sharapova of Russia in their women's singles final at the Australian Open tennis championship, in Melbourne, Australia, Saturday, Jan. 28, 2012. (AP Photo/Rick Rycroft)AP - Victoria Azarenka started celebrating, then suddenly did a double-take to ask her coach, What happened?


Tributes to Paterno highlight influence of wife (AP)

Sue Paterno, center, wife of former Penn State football coach Joe Paterno, consoles her grandson as they leave a memorial service for Joe at Penn State's Bryce Jordan Center in State College, Pa., Thursday Jan. 26, 2012. A capacity crowd of more than 12,000 packed the Bryce Jordan Center for one more tribute to Paterno, the Hall of Fame football coach who died Sunday from lung cancer.  (AP Photo/Gene J. Puskar)AP - For decades, Joe Paterno was the public face of Penn State. For almost as long, his near-constant companion, wife Sue, seemingly wielded as much influence.