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Monday, January 23, 2012

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01/23/2012
News Good evening
LATEST NEWS
Police need warrant for GPS tracking: court
WASHINGTON (Reuters) - The Supreme Court ruled on Monday that police cannot put a GPS device on a suspect's car to track his movements without a warrant, a test case that upholds basic privacy rights in the face of new surveillance technology. | Full Article
Iran slams EU oil embargo, warns could hit U.S.
January 23, 2012 05:33 PM ET
TEHRAN/BRUSSELS (Reuters) - Iran accused Europeans on Monday of waging "psychological warfare" after the EU banned imports of Iranian oil, and U.S. President Barack Obama said Washington would impose more sanctions to address the "serious threat presented by Iran's nuclear program." | Full Article
Romney puts Gingrich on defensive before debate
January 23, 2012 04:21 PM ET
TAMPA, Florida (Reuters) - Republican presidential candidate Mitt Romney on Monday sharpened his attacks on rival Newt Gingrich's business past and character ahead of a crucial debate in which Romney needs a strong performance to recharge his bid for the White House. | Full Article
Marine pleads guilty, ending final Haditha trial
January 23, 2012 05:14 PM ET
LOS ANGELES (Reuters) - The U.S. Marine sergeant accused of leading a massacre of 24 Iraqi civilians in Haditha pleaded guilty on Monday to dereliction of duty, ending the final prosecution stemming from a 2005 incident that brought international condemnation of U.S. troops. | Full Article
RIM's new leader raises doubts among investors
January 23, 2012 04:11 PM ET
TORONTO/LONDON (Reuters) - The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around. | Full Article
US TOP NEWS
Wall Street rests after rally; bellwether earnings ahead
January 23, 2012 05:26 PM ET
NEW YORK (Reuters) - Stocks finished almost flat on Monday as investors took a break from a recent rally, awaiting earnings from bellwethers such as Apple later in the week. | Full Article
Macy's sues Martha Stewart Living
January 23, 2012 05:09 PM ET
(Reuters) - Macy's Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products to J.C. Penney Company Inc. | Full Article
Fannie, Freddie writedowns too costly: regulator
January 23, 2012 05:17 PM ET
WASHINGTON (Reuters) - The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the two mortgage firms to write down loan principal would require more than $100 billion in fresh taxpayer funds. | Full Article
Kodak replaces chief restructuring officer
January 23, 2012 05:25 PM ET
(Reuters) - Eastman Kodak Co replaced its chief restructuring officer on Monday in a surprise move coming just days after it filed for bankruptcy protection. | Full Article
Protests intensify as mortgage settlement nears
January 23, 2012 02:25 PM ET
(Reuters) - As state and federal officials near a deal with top banks to settle claims of foreclosure abuses, left-leaning activist groups have stepped up pressure on the officials to reach a deal that demands more from the banks. | Full Article
BUSINESS NEWS
London's Big Ben is leaning, parliament sinking: reports
Greece publishes tax dodger list to name and shame
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