Congress, Obama face dynamite in “fiscal cliff”: CEOs

BOSTON (Reuters) – Corporate America is raising the volume of its plea that the U.S. government avert a year-end “fiscal cliff” that could send the nation back into recession, but chief executives aren’t pushing the panic button just yet.With a heated election season in the rear-view mirror, executives are calling on the White House and congressional leaders...

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World stocks fall as talks on US budget deal stall

AMSTERDAM (AP) — World stocks slid Thursday as the eurozone fell into recession and hopes faded for a quick agreement among U.S. leaders not to hike taxes and cut government spending — a potential double whammy which could derail the world’s biggest economy.President Barack Obama has said he is willing to extend current tax cuts for all but the richest...

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Beating tax cheats key to Italy’s recovery plan

ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...

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Software pioneer McAfee says framed for murder in Belize

BELIZE CITY (Reuters) – Computer security industry pioneer John McAfee says he has gone into hiding in Belize because he believes authorities there are trying to frame him for the murder of a neighbor, a crime he says he did not commit, according to Wired magazine.Belize police are searching for McAfee as “a person of interest” in a murder investigation. “You...

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Accuser recants sex claims against Elmo puppeteer: report

LOS ANGELES (Reuters) – The man who claimed he had underage sex with the puppeteer behind “Sesame Street” character Elmo recanted his claims on Tuesday, U.S. media reported.The unnamed man, now 23, had claimed that Elmo puppeteer Kevin Clash had a sexual relationship with him when the accuser was 16 years old, potentially engulfing one of the biggest childhood...

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Planned Parenthood seeks injunction over Oklahoma health program

OKLAHOMA CITY (Reuters) – Planned Parenthood asked a federal judge on Tuesday to stop Oklahoma from blocking it from participating in a federally funded nutrition program that helps poor women and children at three clinics in the Tulsa area.The request, filed in federal court in Oklahoma City, appeared aimed at combating a move similar to those taken by...

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UK unemployment continues to fall

14 November 2012 Last updated at 06:01 ET Please turn on JavaScript. Media requires JavaScript to play. Live: Bank of England inflation report and news conferenceThe number of people out of work in the UK has fallen to its lowest total for more than a year.Unemployment fell...

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General investigated for emails to Petraeus friend

PERTH, Australia (AP) — In a new twist to the Gen. David Petraeus sex scandal, the Pentagon said Tuesday that the top American commander in Afghanistan, Gen. John Allen, is under investigation for alleged “inappropriate communications” with a woman who is said to have received threatening emails from Paula Broadwell, the woman with whom Petraeus had an...

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Storm volunteers mingle with stars at Glamour fest

NEW YORK (AP) — Sandra Kyong Bradbury was star struck. She had just spied Supreme Court Justice Ruth Bader Ginsburg a few feet away.“How can you top that?” asked Bradbury, a New York City neonatal nurse who had helped evacuate infants from a hospital that lost power during the height of Superstorm Sandy. She was amazed that she was being honored at the...

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Syrian Red Crescent estimates 2.5 million uprooted in Syria

GENEVA (Reuters) – The Syrian Arab Red Crescent estimates that 2.5 million people are internally displaced within Syria by civil war, doubling the previous figure of 1.2 million used by aid agencies, the United Nations refugee agency said on Tuesday.“The figure they are using is 2.5 million. If anything, they believe it could be more, this is a very conservative...

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