THR The Race: How Oscar's Best Picture Race Is Shaping Up; 5 Must-Watch Docs; Woody Allen's Aversion to Oscar

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December 20, 2011   How Oscar's Wide-Open Best Picture Race Is Shaping Up THR's Scott Feinberg names the frontrunners for the Academy Awards' top honor as well as a few wild cards. 5 Must-Watch Documentaries for Oscar Nominations A chimp, a horseman, a New York Times photographer and a high school football team are among the stars of the year’s best. Why 'Midnight in Paris' Is a Contender Despite Woody Allen's Aversion to Oscar The director has attended the Academy Awards ceremony only once. 3 Must-Watch Foreign Language Films for Oscar Nominations Near-certain Oscar nominees include offerings from Iran, Lebanon and Finland. Top Makeup Contenders Vie For Oscar Short List Whether a film is critically hailed or roundly panned, becomes a box office hit or a sinks like a stone, a 2012 Oscar makeup/hair nomination is within reach for these buzzed about contenders. 'Tinker Tailor Soldier Spy,' 'Drive' Lead London Critics’ Circle Nominations 'The Help's' Jessica Chastain, Octavia Spencer go head-to-head for supporting actress. Kelsey Grammer to Host 64th Annual DGA Awards It will be the actor's first time hosting the event, which will take place Jan. 28. 265 Films Eligible for Best Picture Oscar Up to ten of the films meeting the category's criteria will be nominated for the top prize. The National, Mary J. Blige Shortlisted for Original Song Oscar Chris Cornell and Melissa Manchester are also included among the group of 39 that will move on to the next selection round for the honor. 'The Descendants,' 'Drive' Take Top Satellite Award Honors Acting prizes go to "Drive's" Ryan Gosling and Albert Brooks, Viola Davis and Jessica Chastain; "Justified" and "It's Always Sunny in Philadelphia" also feted.     Top stories | Movies | TV | Music | Personal Tech | Style | The Business Subscribe to: Newsletters | RSS feeds

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Cheat Sheet - Sarah Palin: It's Not Too Late to Run

Today: House Rejects Payroll-Tax-Cut Deal, China Endorses Kim Jong-un, Sunni Chief Denies Ordering Killings December 20, 2011 TEASE 1. Palin: ‘Not Too Late’ to Enter 2012 Race The girl who cried “campaign!” is at it again. Not one to relinquish the spotlight easily, Sarah Palin insisted Tuesday—despite already saying she wouldn’t run for president in 2012—that “it’s not too late” to enter the race. When asked on Fox’s Follow the Money whether she’d still consider running, the former vice presidential nominee said, “Who knows what will happen in the future.” Read it at Reuters REVOLT 2. House Rejects Payroll-Tax-Cut Deal Talk about a Grinchy measure. The House of Representatives on Tuesday rejected the bipartisan compromise to extend the payroll-tax cut—setting up a showdown with President Obama and the Democratically controlled Senate. The bill also would have extended unemployment benefits. The Senate agreed over the weekend to a two-month extension of the payroll-tax cut so the issues Republicans have been lobbying for Democrats to decide on would come up for debate by the end of February, but House Republicans were not happy with the compromise and showed it by rejecting the deal. Democrats blasted the GOP for rejecting the deal, while the House called for a formal conference with the Senate. The next step for lawmakers is uncertain, as Senate Majority Leader Harry Reid has said he will not appoint any negotiators should the extension fail to pass the House. Read it at The Daily Beast ACKNOWLEDGMENT 3. China Endorses Kim Jong-un China formally recognized Kim Jong-un, Kim Jong-il’s youngest son and chosen successor, as the next leader of North Korea, the Chinese Foreign Ministry announced Tuesday. Foreign Ministry spokesman Liu Weimin said the Chinese government believes that North Korea will rally around the ruling Workers’ Party and the man he called “Comrade Kim Jong-un.” While Weimin said he does not know whether Jong-un will visit China, he said Beijing would welcome him. Meanwhile, South Korea showed few signs of caring about Kim Jong-il’s death, despite the lengthy mourning in the North. For South Koreans, Kim Jong-il’s death only further proved the point that the two nations now share only a peninsula and a language. Read it at Voice of America IRAQ 4. Sunni Chief Denies Ordering Killings Iraq’s political situation grew more chaotic Tuesday as Sunni leader Tariq al-Hashimi denied ordering the assassinations of government officials. The day before, the Shiite-led government had placed him under arrest and played videotaped confessions on television from three men who said they had been Hashimi’s bodyguards. The men claimed he had given them orders to carry out assassinations and paid them to kill officials with roadside bombs. Hashimi said the confessions were forced, and accused Prime Minister Nuri al-Maliki of using Iraq’s security forces to persecute political opponents. “The accusations have not been proven, so the accused is innocent until proven guilty,” Hashimi said. “I swear by God I didn’t do this disobedience against Iraqi blood, and I would never do this.” Read it at New York Times DEADLY 5. Blizzard Hits Great Plains Nearly 10 inches of snow had fallen in a major snowstorm in five states stretching from New Mexico to Kansas by Tuesday morning, as forecasters warned that holiday traveling might become difficult, if not impossible. The storm was blamed for at least six deaths Monday, including four people who were killed in a New Mexico crash on Monday. The blizzard shut down a major east-west route, Interstate 40, in what National Weather Service meteorologist Marc Russell called “major whiteout conditions.” About 10 inches of snow had accumulated in western Kansas by Tuesday morning, and several more inches—as well as strong wind gusts—were expected. The storm slammed the Oklahoma and Texas panhandle Monday, with 1.5 inches accumulating in Oklahoma per hour and more than 100 emergency calls already in Texas. Read it at Associated Press UNREST Egyptian Women Rally Against Police Hillary Clinton denounces “systematic degradation.” WAY OUT Bankrupt Irish Flee to U.K. To escape harsh bankruptcy laws. UH-OH France Recalls Breast Implants Up to 30,000 women may have faulty silicone. COME AGAIN? Fans: 'Dark Knight' Villain Unintelligible Studio pressures Nolan to adjust sound mix. COOL Scientists Discover Earth-Size Planets 950 light years away. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET The Yes List Weekly cultural recommendations from The Daily Beast. Kim Jong-il's Favorite Things: Hennessy, Giant Rabbits, More (Photos) by The Daily Beast Paul Begala Asks Bill Clinton and Madeleine Albright About Vaclav Havel by Paul Begala Ann Romney's Milk-and-Cookies Style Emphasizes Mitt's Softer Side by Robin Givhan

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DAI: Wall Street rallies 3 percent in broad advance

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	12/20/2011
Good Evening LATEST NEWS Wall Street rallies 3 percent in broad advance NEW YORK (Reuters) - Stocks rallied nearly 3 percent on Tuesday as investors bought surging banks, homebuilders and networking companies, though low volume was seen as amplifying the market's move. | Full Article Jump in housing starts points to recovery December 20, 2011 03:16 PM ET WASHINGTON (Reuters) - Housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was entering a tentative recovery. | Full Article Exclusive: An inside look at David Einhorn's "big short" December 20, 2011 01:05 PM ET (Reuters) - Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters , his big short trade, claiming a recent audit committee review of the accounting issues he flagged is nothing more than a "whitewash." | Full Article Fed bank capital, liquidity proposal follows Basel December 20, 2011 04:32 PM ET WASHINGTON (Reuters) - The Federal Reserve proposed new capital and liquidity rules for the largest U.S. banks that would roll out in two phases and not likely go further than international standards. | Full Article Oracle sales miss forecasts, shares plunge December 20, 2011 04:23 PM ET BOSTON (Reuters) - Technology giant Oracle Corp reported software and hardware sales that missed its own forecasts, sending its shares plunging 8 percent. | Full Article US TOP NEWS Obama says time running out for payroll tax cut deal December 20, 2011 03:55 PM ET WASHINGTON (Reuters) - President Barack Obama on Tuesday demanded that Republicans in the House of Representatives quickly pass a short-term extension of a payroll tax cut, showing an unwillingness to back down in a fight that could result in higher taxes for 160 million American workers. | Full Article In mourning, hermit kingdom North Korea seals itself off December 20, 2011 02:57 PM ET DANDONG, China/WASHINGTON (Reuters) - North Korea was in seclusion on Tuesday, a day after it announced the death of its leader Kim Jong-il, as concern mounted over what would happen next in the deeply secretive nation that is trying to build a nuclear arsenal. | Full Article Spain borrowing costs dive December 20, 2011 02:14 PM ET MADRID (Reuters) - Short-term financing costs for euro zone struggler Spain more than halved on Tuesday as banks lapped up debt at an auction, with much of the purchasing power said to come from cut-rate money to be lent by the European Central Bank. | Full Article U.S. general returns from Iraq with Baghdad flag December 20, 2011 02:34 PM ET WASHINGTON (Reuters) - The last commander of U.S. forces in Iraq returns to the United States on Tuesday carrying the command flag that flew over Baghdad. | Full Article Iraqi Sunni leaders denounce PM Maliki December 20, 2011 03:15 PM ET BAGHDAD (Reuters) - The Iraqi vice president accused of running death squads hit back at the prime minister on Tuesday in a sectarian feud that risks wrecking Iraq's fragile balance of power, just days after U.S. troops finally withdrew. | Full Article HEALTH NEWS Insight: Pharma asks the money question earlier for new drugs Experimental malaria vaccine shows early promise Sleep disorders common in cops: study California sperm donor at odds with federal regulators Moms' pesticide exposure tied to infection in kids RELATED VIDEO Top tech holiday gifts Markets shoot higher in U.S., Europe U.S. Morning Call: AT&T hangs up bid on T-Mobile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Disgraced duke's figure moved in Madrid wax museum Full Article - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend