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Wednesday, January 25, 2012

Morning Digest: Obama urges taxing the rich, reining in Wall Street

Reuters
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01/25/2012
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Obama urges taxing the rich, reining in Wall Street
WASHINGTON (Reuters) - President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street. | Full Article
Gulf monitors leave Syria, League seeks U.N. support
January 25, 2012 05:28 AM ET
DAMASCUS (Reuters) - Gulf Arab monitors headed out of Syria on Wednesday after their governments said they were "certain the bloodshed and killing of innocents would continue," and the Arab League sought U.N. support for a plan to end President Bashar al-Assad's rule. | Full Article
Stock index futures signal mixed Wall Street open
January 25, 2012 04:57 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a mixed open for equities on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, the Dow Jones futures down 0.1 percent and the Nasdaq 100 futures up 0.6 percent. | Full Article
"Come for coffee, don't forget the cocaine," Dotcom joked
January 25, 2012 05:25 AM ET
COATESVILLE, New Zealand (Reuters) - Kim Dotcom, the founder of file-sharing site Megaupload.com who faces a lengthy jail term in the United States if convicted of racketeering, money laundering and Internet piracy, seems to have a mischievous sense of humor. | Full Article
Sun hurls strong geomagnetic storm toward Earth
January 23, 2012 05:35 PM ET
WASHINGTON (Reuters) - The strongest geomagnetic storm in more than six years was forecast to hit Earth's magnetic field on Tuesday, and it could affect airline routes, power grids and satellites, the U.S. Space Weather Prediction Center said. | Full Article
Bosh steps in to guide Heat past battling Cavaliers
January 25, 2012 12:34 AM ET
(Reuters) - Chris Bosh scored 17 of his season-high 35 points in the fourth quarter to supply the firepower for the Miami Heat in a 92-85 win over the Cleveland Cavaliers on Tuesday. | Full Article
Hollywood embraces hopeful tales with Oscar nominations
January 24, 2012 07:01 PM ET
LOS ANGELES (Reuters) - A group of movies offering personal redemption and hope swept up Oscar nominations on Tuesday, led by Martin Scorsese's colorful "Hugo" with 11 and silent-era romance "The Artist" with 10, including a best film nod for both. | Full Article
Irishman makes "billion-euro home" of shredded notes
January 25, 2012 04:49 AM ET
DUBLIN (Reuters) - An unemployed Irish artist has built a home from the shredded remains of 1.4 billion euros ($1.82 billion), a monument to the "madness" he says has been wrought on Ireland by the single currency, from a spectacular construction boom to a wrenching bust. | Full Article
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