Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Mar
02

Rescuers Search for Man as Fla. Sinkhole Grows

Rescuers early Saturday morning returned to the site where a sinkhole swallowed a Florida man in his bedroom after the home's foundation collapsed.Jeff Bush was in his bedroom when a sinkhole opened up and trapped him underneath his home at 11 p.m. Thursday night.While the sinkhole was initially estimated to be 15 feet deep on Thursday night, the chasm has continued to grow. Officials...
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Mar
01

Obama, Congress Fail to Avert Sequester Cuts

President Obama and congressional leaders today failed to reach a breakthrough to avert a sweeping package of automatic spending cuts, setting into motion $85 billion of across-the-board belt-tightening that neither had wanted to see.Obama met for just over an hour at the White House Friday with Republican leaders House Speaker John Boehner and Senate Minority Leader Mitch McConnell...
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Feb
28

Benedict Departs Vatican for the Last Time as Pope

Pope Benedict XVI bade his final farewell to the faithful today, lifting off from the Vatican in a white helicopter as the first pope to resign in six centuries.Just before 5 p.m. local time, Benedict, 85, walked out of the Vatican for the last time as pope, waving to a cheering crowd in the Courtyard of San Damaso as he entered a black Mercedes for the short drive to a nearby...
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Feb
27

Bring on the Cuts: Some Want the Sequester

Mark Lucas wouldn't mind seeing America's defense budget cut by billions."There's quite a bit of waste within the military," Lucas, who serves as Iowa state director for the conservative group Americans for Prosperity (AFP), told ABC News. "Being in there for 10 years, I've seen quite a bit of it."With the budget sequester set to kick in on Friday, the former Army ranger is among...
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Feb
26

'93 WTC Bombing Crushed Lives, Not Memories

Edward Smith remembers vividly the call from the morgue 20 years ago today, that his pregnant wife had died in the World Trade Center bombing hours before she was supposed to start her maternity leave."It seems like kind of yesterday sometimes," he told ABC News, "but it seems like a long time ago, too."Today marks the 20th anniversary of the 1993 WTC bombing, which was overshadowed...
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Feb
25

Best Moments From the Academy Awards

Host Seth MacFarlane took the stage at the 2013 Oscars with an opening monologue revealing he was ready to poke fun at the star-studded audience."The quest to make Tommy Lee Jones laugh begins now," he said.But it wasn't too long before MacFarlane was interrupted. William Shatner, dressed as his iconic character Captain Kirk from "Star Trek," descended on the stage to warn MacFarlane that he...
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Feb
24

NASCAR: Daytona Race to Go On After Crash

Every seat will be filled at Daytona International Speedway today after a team worked overnight to repair a fence that was breached in a horrific crash that injured at least 28 spectators in the grandstands.Joie Chitwood III, president of Daytona International Speedway, said his team met with NASCAR officials at 8 a.m. EST today to review the repairs, hours before 147,000 fans...
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Feb
23

Pistorius Family: 'Law Must Run Its Course'

South African Olympian Oscar Pistorius is spending time his family today after the athlete was freed on $113,000 bail Friday."We realise that the law must run its course, and we would not have it any other way," the Olympian's uncle, Arnold Pistorius said in a statement on Saturday.The Pistorius family expressed their gratitude that the former Olympian was allowed out of jail...
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Feb
22

Oscar Pistorius Granted Bail in Murder Case

Oscar Pistorius was granted bail today in a South African court, meaning he can be released from jail for the six to eight months before his trial for the allegedly premeditated killing of his girlfriend Reeva Steenkamp.Magistrate Desmond Nair, in reading his lengthy decision, said, "The issue before me is whether this accused, being who is and the assets he has [here], would...
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Feb
21

3 Dead in Rolling Gun Battle on Vegas Strip

A drive-by shooting on the Las Vegas strip early this morning by the occupants of a Range Rover SUV, who shot at the occupants of a Maserati, caused a multi-car accident and car explosion that left three dead.Police said that they believe a group of men riding in a black Range Rover Sport SUV pulled up alongside a Maserati around 4:20 a.m. today and fired shots into the car, striking...
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Feb
20

Pistorius Shots Said to Come From High Angle

At the second day of a bail hearing for Olympian Oscar Pistorius, a South African investigator who arrived at the scene of the Feb. 14 fatal shooting said that Reeva Steenkamp was shot from a high angle, which prosecutors say contradicts the runner's account that he was not wearing his prosthetics when he shot his girlfriend to death.Pistorius, a double-amputee who runs on carbon-fiber...
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Feb
19

Oscar Pistorius Describes 'Sense of Terror'

Olympian Oscar Pistorius today denied that he willfully killed his girlfriend, telling a South African court that he shot the woman through his bathroom door because he believed she was an intruder.Pistorius, 26 and a double-amputee Olympian, was charged today with premeditated murder, or a Schedule 6 offense, which under South African law limits his chances for parole if convicted."I...
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Feb
18

Bloody Cricket Bat Surfaces in Pistorius Case

Police in South Africa investigating the shooting death of model Reeva Steenkamp, allegedly by boyfriend and Paralympics champion Oscar Pistorius, consider a bloody cricket bat to be a central piece of evidence, according to South Africa's City Press newspaper.Pistorius, 26, was arrested Thursday and charged with killing Steenkamp, 29, at his home in the South African capitol...
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Feb
17

WH Chief of Staff on Leaked Immigration Plan: Let's Make Sure It Doesn't Have to Be Proposed

Feb 17, 2013 9:06am Responding to sharp criticism from Sen. Marco Rubio over the leaked White House immigration proposal, President Obama’s chief of staff Denis McDonough pushed back this morning on “This Week,” in an interview with ABC’s Chief White House Correspondent Jonathan Karl, saying it was up to those in Congress to ensure the president’s...
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Feb
16

Vatican Raises Possibility of Early March Conclave

The Vatican raised the possibility Saturday that the conclave to elect the next pope might start sooner than March 15, the earliest date possible under current rules that require a 15-20 day waiting period after the papacy becomes vacant.Vatican spokesman The Rev. Federico Lombardi said that the Vatican rules on papal succession are open to interpretation and that "this is a question...
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Feb
15

Falling Meteor Causes Blast, Injures Hundreds

A massive meteor shower slammed into Earth near the Russian city of Chelyabinsk, located about 1,000 miles east of Moscow in the Ural Mountains.Dashboard cameras captured a blinding flash of light streaking across the sky. Moments later, the fragments smashed into the ground. The impact, and the sonic boom of the meteor entering the atmosphere, shattered windows around the city...
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Feb
14

'Blade Runner' Charged With Murdering Girlfriend

Oscar Pistorius, the Olympic and Paralympic athlete known as the "blade runner," was taken into custody in South Africa today and charged with the murder of his girlfriend, who was fatally shot at his home.Police in the South African capital of Pretoria received a call around 3 a.m. today that there had been a shooting at the home of 26-year-old Pistorius, Lt. Col. Katlego Mogale...
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Feb
13

Charred Human Remains Found in Burned Cabin

Investigators have located charred human remains in the burned-out cabin where they believe suspected cop killer and ex-LAPD officer Christopher Dorner was holed up as the structure burned to the ground, police said.The human remains were found within the debris of the burned cabin and identification will be attempted through forensic means, the San Bernardino County Sheriff-Coroner...
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Feb
12

Fort Hood Hero Says Obama 'Betrayed' Victims

Three years after the White House arranged a hero's welcome at the State of the Union address for the Fort Hood police sergeant and her partner who stopped the deadly shooting there, Kimberly Munley says President Obama broke the promise he made to her that the victims would be well taken care of."Betrayed is a good word," former Sgt. Munley told ABC News in a tearful interview...
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Feb
11

Vatican Says Pope Benedict Will Resign Feb. 28

Pope Benedict XVI announced today that he will resign Feb. 28, saying his role requires "both strength of mind and body."The pope's decision makes him the first pontiff to resign in nearly 600 years. A conclave to elect a new pope will take place before the end of March. The 85-year-old pope announced the decision to resign in Latin during a meeting of Vatican cardinals.FULL...
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