Dec
27

Unprecedented east Jerusalem building in pipeline

Israel is planning its biggest construction surge in east Jerusalem in decades in a move that critics argue would cement its grip on the contested territory, further complicate any prospects for peace with the Palestinians, and badly rattle Israel's already rocky relations with the rest of the world. With more than 9,000 apartments in various stages of planning and construction, Prime Minister Benjamin...
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Egypt's Mubarak moved to army hospital on health concerns

Hosni Mubarak, the Egyptian strongman ousted last year after 30 years in power, was moved to an army hospital from a prison hospital on Thursday following a fall that raised fresh concerns about his fragile health. Mubarak, 84, was forced out in a 2011 uprising and sentenced to life in prison in June of this year for his role in killing protesters during the revolt. He was admitted to a prison hospital...
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Secret UK files lift lid on Thatcher-Reagan Falklands contacts

Britain's former Prime Minister Margaret Thatcher wrote an emotional letter to U.S. President Ronald Reagan during the 1982 Falklands War calling him the "only person" who could understand her position, formerly secret documents showed on Friday. Newly declassified files from 1982 lift the lid on contacts between the two leaders over the crisis and reveal the extent of the pressure Thatcher felt...
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Japan voters back new PM cabinet, economy top priority

More than half of Japanese voters support new Prime Minister Shinzo Abe's cabinet, media surveys published on Friday showed, with the country's stagnant economy topping the list of problems voters want the hawkish new leader to tackle. Abe took office on Wednesday, after his conservative Liberal Democratic Party's (LDP) landslide election victory this month, promising to revive the world's third-biggest...
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Thatcher papers: 'worst moment' of her life

She called it, simply, the worst moment of her life. It came in March 1982 during the days before the Falklands War, after Argentina established an unauthorized presence on Britain's South Georgia island amid talk of a possible invasion of the Falklands, long held by Britain. Prime Minister Margaret Thatcher realized there was little that Britain could do immediately to establish firm control of the...
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Dec
26

White House defends offer as 'good faith effort'

 The White House is defending President Barack Obama's proposal to set a higher threshold for tax increases than what he vowed to do during his presidential campaign. The White House says Obama has moved halfway to meet House Speaker John Boehner on a "fiscal cliff" deal that raises $1.2 trillion in tax revenue, down from the $1.6 trillion Obama had initially requested.White House spokesman Jay...
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Factbox: U.S. House "Plan B" tax bill likely to have short shelf life

The U.S. House of Representatives is likely to vote this week on what is being called "Plan B" on avoiding the "fiscal cliff."The Republican-sponsored legislation aims to extend current low tax rates for most families. Without such action by Congress, across-the-board income tax rates will rise on January 1.The combination of $500 billion in tax hikes and $100 billion in spending cuts, which are scheduled...
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U.S. charges three Swiss bankers in offshore account case

 Three Swiss bankers accused of conspiring with American clients to hide more than $420 million from the tax-collecting U.S. Internal Revenue Service were indicted, the U.S. Attorney's Office in Manhattan said on Wednesday.The indictment named Stephan Fellmann, Otto Huppi and Christof Reist, all former client advisers with an unnamed Swiss bank. None of the bankers have been arrested, authorities...
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"Fiscal cliff" turmoil could hit 100 million taxpayers: U.S. IRS

WASHINGTON (Reuters) - U.S. tax authorities warned on Wednesday that as many as 100 million taxpayers - far more than previously estimated - could face refund delays if lawmakers' "fiscal cliff" negotiations fail to fix the alternative minimum tax (AMT) before year-end.The Internal Revenue Service said in a letter to lawmakers that it was raising its estimate on AMT impact from 60 million."It is becoming...
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What's on the table now in 'fiscal cliff' talks

An update on the latest offers on the table in negotiations to avert a year-end avalanche of federal tax increases and spending cuts known as the "fiscal cliff":___INCOME TAXESHouse Speaker John Boehner would allow income tax rates to rise for people making more than $1 million per year and would hold rates where they are for everyone making less. The top rate on income exceeding $1 million would...
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Dec
25

AP source: Dolphins' Smith has knee bruise

A person familiar with the diagnosis says Miami Dolphins cornerback Sean Smith escaped serious injury when he hurt his left knee in the team's victory over Buffalo.An MRI test Monday determined the injury was only a bruise, the person told The Associated Press, speaking on condition of anonymity because the Dolphins are not releasing details about the injury.Smith, a fourth-year pro and Miami's best...
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NFL-Pagano joins playoff bound Colts after battle with cancer

 The Indianapolis Colts and their fans got an early Christmas gift when head coach Chuck Pagano returned to work on Monday, three months after being forced to the sidelines to battle cancer.Diagnosed with leukemia in late September, Pagano spent the last three months undergoing treatment, including chemotherapy, while his inspired team led by rookie quarterback Andrew Luck battled on the field...
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Pagano back to coach Colts after cancer treatment

 Chuck Pagano stepped to the podium Monday, hugged his team owner, thanked his family for its support and wiped a tear from his eye.He might, finally, turn out the lights in his office, too.Nearly three months to the day after being diagnosed with leukemia, the Colts' first-year coach returned to a team eager to reunite with a boss healthy enough to go back to work."I told you my best day of...
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Pagano joins playoff bound Colts after battle with cancer

The Indianapolis Colts and their fans got an early Christmas gift when head coach Chuck Pagano returned to work on Monday, three months after being forced to the sidelines to battle cancer.Diagnosed with leukemia in late September, Pagano spent the last three months undergoing treatment, including chemotherapy, while his inspired team led by rookie quarterback Andrew Luck battled on the field earning...
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Ryan says Tebow would have done wildcat if asked

 Tim Tebow would have done whatever Rex Ryan asked — if the New York Jets coach had asked him.Ryan acknowledged Monday that Tebow wasn't happy when the coach chose Greg McElroy to start for the benched Mark Sanchez, but insisted Tebow was willing to play in any role Sunday against San Diego — including the wildcat."He was disappointed, there's no question," Ryan said Monday. "He was disappointed...
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Dec
24

Cricket-New Zealand level series thanks to Guptill century

EAST LONDON, South Africa, Dec 23 (Reuters) - A brilliant, unbeaten century from opener Martin Guptill led New Zealand to an eight-wicket victory off the final ball against South Africa in the second T20 international on Sunday.Chasing 169 for victory in 19 overs at Buffalo Park, Guptill helped erase the memory of Friday's embarrassing capitulation to 86 all out in Durban with a stunning batting display...
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PREVIEW-Cricket-Australia hobble into Boxing Day test

A last-gasp victory over Sri Lanka in Hobart gave Australia a sorely needed boost after disappointment against South Africa, but a mounting injury toll has tempered the hosts' Christmas cheer in the lead-up to the second test in Melbourne.Captain Michael Clarke, in white-hot form with the bat, remains a doubt to play the Boxing Day test after suffering a hamstring strain at Hobart, while front-line...
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New Zealand level series thanks to Guptill century

A brilliant, unbeaten century from opener Martin Guptill led New Zealand to an eight-wicket victory off the final ball against South Africa in the second T20 international on Sunday.Chasing 169 for victory in 19 overs at Buffalo Park, Guptill helped erase the memory of Friday's embarrassing capitulation to 86 all out in Durban with a stunning batting display as the tourists reached their target for...
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Could the US learn from Australia's gun-control laws?

Almost two weeks after a shooting spree stunned Australia in 1996, leaving 35 people dead at the Port Arthur tourist spot in Tasmania, the government issued sweeping reforms of the country’s gun laws. There hasn’t been a mass shooting since. Now, after the recent shooting at a Connecticut elementary school, Australia’s National Firearm Agreement (NFA), which saw hundreds of thousands of automatic...
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Cricket-Australia skipper Clarke facing Boxing day fitness test

Dec 25 (Reuters) - Australia will wait until the very last minute to decide if Michael Clarke has recovered sufficiently from a hamstring injury to lead the side out for the second test against Sri Lanka at Melbourne Cricket Ground on Boxing Day.Clarke was forced to retire hurt while batting on the fourth day of the opening match of the series in Hobart and while Australia are reluctant to risk aggravating...
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Dec
23

"X Factor" judge L.A. Reid quitting TV talent show

L.A. Reid, "The X Factor" judge, says he is leaving the TV talent show next season after two years on the panel.Reid, 56, chairman and chief executive of Epic Records, told "Access Hollywood," the television program and website, he has decided to leave the Fox reality singing show to return to the record label full time."I have decided that I will not return to 'The X Factor' next year," Reid told...
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White House TV comedy aims for laughs, not politics

There is a crazy family living at the White House, but it's not the Obamas. It's the Gilchrists, whose never-ending follies pulse and push upcoming TV comedy romp "1600 Penn."Starring Bill Pullman as U.S. President Dale Gilchrist and Jenna Elfman as his first lady, the show's co-creator Josh Gad said on Friday that there is plenty of precedent for family madness at the Oval Office."You can look as...
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Participant Media starts cable network for millenials

 Participant Media, the company behind films including "Lincoln" and "The Help," is starting a new cable network targeting millenial viewers, with content from Davis Guggenheim and The Jim Henson Company, among others.It will be led by Evan Shapiro, who joined Participant in May after serving as President of IFC and Sundance Channel.Participant has bought The Documentary Channel and entered into...
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Hulu Plus doubles subscribers to 3 million

 Hulu Plus more than doubled the number of subscribers who pay for access to its premium content in 2012. The streaming service now numbers 3 million paid subscribers, Hulu CEO Jason Kilar announced in a blog post Monday.That's a far cry from the nearly 30 million subscribers the company's main rival Netflix attracts, but it is a sign that Hulu is moving in the right direction. Because the company...
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HBO making "Game of Thrones"-themed beer

Winter is coming - and so is a new line of beers based on HBO's fantasy drama "Game of Thrones." Presumably, all will boast a full, robust head, perhaps resting on top of a spike.HBO is teaming with Cooperstown, N.Y. brewery Ommegang for a line of brews centered around the series, the New York Times reports. The first beer, Iron Throne Blonde Ale, is slated to go on sale in March, in time for the...
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Dec
22

Toll Brothers 4Q net income soars on tax benefit

NEW YORK (AP) — Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog increased.CEO Douglas C. Yearley Jr. said in a statement on Tuesday that higher home prices, low interest rates, pent-up demand and improving consumer confidence prompted buyers to return...
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IRS finalizes new tax for medical devices in healthcare law

WASHINGTON (Reuters) - The U.S. Internal Revenue Service on Wednesday released final rules for a new tax on medical devices, products ranging from surgical sutures to knee replacement implants, that starts next year as part of President Barack Obama's 2010 healthcare law. The 2.3-percent tax must be paid, effective after December 31, by device-makers on their gross sales. The tax is expected to raise...
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H&R Block 2Q loss narrows as revenue rises

KANSAS CITY, Mo. (AP) — H&R Block's fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia.The nation's largest tax preparation company typically turns in a loss in the August-to-October period because it takes in most of its revenue during the U.S. tax season. H&R Block's quarterly performance beat analysts'...
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SALEM, Ore

WASHINGTON (Reuters) - The top U.S. tax collector warned on Thursday of a delayed start to 2013's tax season if Congress fails to reset the alternative minimum tax (AMT) on high-income taxpayers so that it does not sweep in millions of middle-income people. Without another adjustment by lawmakers soon to the AMT, "many of us will see a delayed filing season," said Steven Miller, named just last month...
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Oregon governor says Nike plans to hire thousands

SALEM, Ore. (AP) — Sporting goods giant Nike plans to expand its operations in Oregon and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code, prompting a special session of the Legislature.Gov. John Kitzhaber said he'll call lawmakers together Friday in Salem to create a new law authorizing him to grant Nike's wish.The governor did not...
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Dec
20

Durant scores 41 as streaking Thunder top Hawks

ATLANTA (AP) — Oklahoma City's biggest stars displayed a unique version of balanced scoring against Atlanta: Russell Westbrook led the Thunder in the first half and Kevin Durant dominated the Hawks over the final two quarters.Durant set a season high with 41 points and Oklahoma City held off Atlanta 100-92 on Wednesday night for its 12th straight win.Westbrook had 27 points — 21 in the first half...
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NBA-James and Bosh feel Heat have plenty of room to improve

MIAMI, Dec 20 (Reuters) - LeBron James and Chris Bosh feel the defending champion Miami Heat have work to do if they are to reach peak form in time for the National Basketball Association (NBA) playoffs, but both embrace the challenge.The Heat (16-6) trail only the New York Knicks (19-6) in the Eastern Conference just past the quarter-mark of the NBA's regular season but Bosh is well aware his team...
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James and Bosh feel Heat have plenty of room to improve

MIAMI (Reuters) - LeBron James and Chris Bosh feel the defending champion Miami Heat have work to do if they are to reach peak form in time for the National Basketball Association (NBA) playoffs, but both embrace the challenge.The Heat (16-6) trail only the New York Knicks (19-6) in the Eastern Conference just past the quarter-mark of the NBA's regular season but Bosh is well aware his team is not...
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Top prospect Parker chooses Duke

CHICAGO (AP) — Jabari Parker still had just about everyone guessing. Then, he pulled out that blue T-shirt with a white "D," and, finally, it became clear.The prized prospect from Chicago's Simeon Career Academy, one of the most highly touted recruits in years, is headed to Duke to play for Mike Krzyzewski. Parker made the announcement in front of a national TV audience Thursday, in his high school...
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