Jan
05

Employer wins relief from U.S. contraceptives mandate

(Reuters) - A divided federal appeals court has temporarily barred the U.S. government from requiring an Illinois company to obtain insurance coverage for contraceptives, as mandated under the 2010 healthcare overhaul, after the owners objected on religious grounds.More than 40 lawsuits are challenging a requirement in the Patient Protection and Affordable Care Act that requires most for-profit companies...
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FDA approves Salix's diarrhea drug for HIV/AIDS patients

(Reuters) - U.S. health regulators approved Salix Pharmaceuticals Ltd's drug to treat diarrhea in HIV/AIDS patients on antiretroviral therapy, a combination of medicines used to treat HIV infection.Diarrhea is a common reason why HIV/AIDS patients discontinue or switch their antiretroviral therapies.The drug, called Fulyzaq, is intended to be used in HIV/AIDS patients whose diarrhea is not caused...
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Texas judge OKs ban on Planned Parenthood funding

AUSTIN, Texas (AP) — Texas can cut off funding to Planned Parenthood's family planning programs for poor women, a state judge ruled Monday, requiring thousands to find new state-approved doctors for their annual exams, cancer screenings and birth control.Judge Gary Harger said that Texas may exclude otherwise qualified doctors and clinics from receiving state funding if they advocate for abortion...
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Jan
04

Ivory Coast New Year's death toll rises to 64

ABIDJAN, Ivory Coast (AP) — Ivory Coast's health minister says the death toll in the New Year's stampede has risen to 64.Health Minister Raymonde Goudou, speaking to the press, said three more people died in addition to the 61 who were killed from being trampled when thousands left a New Year's fireworks display. She said 26 people who had been missing after the chaos of the stampede were located...
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Mali's Ansar Dine: Islamists to resume hostilities

BAMAKO, Mali (AP) — An Islamist group in northern Mali says it's suspending its pledge to halt hostilities less than a month after it agreed to do so.The group Ansar Dine said negotiations with the Malian government are ultimately aimed at a military intervention to oust the Islamists, and are not true peace talks. Still, the group said that it remains committed to a dialogue with the Malian government...
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Nigeria police: Hyundai paid $187K to free workers

LAGOS, Nigeria (AP) — Hyundai Heavy Industries Co. paid about $187,000 to free four abducted South Korean workers and their local colleague, a lucrative ransom showing the continuing allure of kidnapping in Nigeria's oil-rich southern delta, police said Friday.South Korean officials declined to say whether they paid a ransom when announcing the hostages' release on Dec. 22, following the pattern of...
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BAMAKO, Mali (AP) — An Islamist group in northern Mali says it's suspending its pledge to halt hostilities less than a month after it agreed to do so. The group Ansar Dine said negotiations with the Malian government are ultimately aimed at a military intervention to oust the Islamists from the West African nation and are not true peace talks. Still, the group said it remains committed to a dialogue with the Malian government in Bamako even though it is keeping its military options open. The original offer had drawn skepticism from some observers, who noted the group's links to al-Qaida's North Africa branch. Ansar Dine, which says it seeks autonomy for northern Mali, has been behind public executions, amputations and whippings in the aDifferent challenges in Central African Rep., Mali rea that it seized last year.

BANGUI, Central African Republic (AP) — Two land-locked, desperately poor African countries are gripped by rebellions in the north that have left huge chunks of both nations outside of government control. Neighboring countries are rushing troops into Central African Republic only a few weeks after rebels started taking towns but Mali's government is still awaiting foreign military help nearly one...
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Mali's Islamists withdraw cease-fire pledge

BAMAKO, Mali (AP) — An Islamist group in northern Mali says it's suspending its pledge to halt hostilities less than a month after it agreed to do so.The group Ansar Dine said negotiations with the Malian government are ultimately aimed at a military intervention to oust the Islamists from the West African nation and are not true peace talks. Still, the group said it remains committed to a dialogue...
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Jan
03

Low prices boost SF home sales to 5-year Jan. high

Home sales in the San Francisco Bay area reached a five-year high for January, as prices and mortgage rates plunged, a real estate tracking firm reported Thursday.However, many of those purchases involved properties that were subject to foreclosures or short sales, indicating the housing market is far from recovered.The survey by San Diego-based DataQuick also showed the median sales price in the...
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Why the Slowest Investors Win the Race

Anyone who attended kindergarten remembers Aesop's fable about the tortoise and the hare. The story's moral has implications for investors: Slow but steady wins the race.Hare investors try to sprint to the finish line of a comfortable retirement without girding their portfolios against the perils of volatility — frequent ups and downs in asset value. So they tend to lag far behind tortoise investors,...
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US rate on 30-year mortgage hits record 3.83 pct.

WASHINGTON (AP) — Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ticked down to 3.83 percent. That's the lowest since long-term mortgages began in the 1950s. And it's...
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Jan
02

Governor sues NCAA over Penn State sex scandal

 Pennsylvania Governor Tom Corbett filed a lawsuit on Wednesday demanding that sanctions imposed on Penn State University over the Jerry Sandusky sex scandal be thrown out, saying they threatened to devastate the state's economy.Corbett called the sanctions imposed by the National Collegiate Athletic Association, or NCAA, which include an unprecedented $60 million fine, "overreaching and unlawful.""I...
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India may suspend lawmakers accused of sex crimes

NEW DELHI (AP) — Indian lawmakers facing sexual assault charges could be suspended from office if the country's top court rules in favor of a petition submitted after a gang-rape and murder that shocked the country.Six state lawmakers are facing rape prosecutions and two national parliamentarians are facing charges of crimes against women that fall short of rape, said Jagdeep S. Chhokar, an official...
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After ‘fiscal cliff’ drama, Republicans take it easy at closed-door meeting

WASHINGTON--Finally, a night of calm on Capitol Hill.Beleaguered House Republicans held a closed-door meeting on the Hill Wednesday for what turned out to be a mundane gathering that followed weeks of battles over how to avoid the so-called fiscal cliff. The members, many who just seemed relieved that the fiscal cliff ordeal was, for now, finished, discussed amendments to a series of procedural rules...
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Son of LA Clippers owner found dead in Malibu

LOS ANGELES (AP) — The son of Los Angeles Clippers owner Donald Sterling was found dead of an apparent drug overdose at his Malibu home, authorities said Wednesday.The body of 32-year-old Scott Ashley Sterling was found shortly after 11:30 p.m. Tuesday, Los Angeles County coroner's Lt. Larry Dietz said.The 77-year-old Donald Sterling, a billionaire real estate mogul who purchased the team in 1981,...
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Al-Jazeera buys Current TV from Al Gore

LOS ANGELES (AP) — Al-Jazeera, the Pan-Arab news channel that struggled to win space on American cable television, has acquired Current TV, boosting its reach in the U.S. nearly ninefold to about 40 million homes. With a focus on U.S. news, it plans to rebrand the left-leaning news network that cofounder Al Gore couldn't make relevant.The former vice president confirmed the sale Wednesday, saying...
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Jan
01

Chiefs fire Crennel, make no move on GM Pioli

KANSAS CITY, Mo. (AP) — The Kansas City Chiefs fired coach Romeo Crennel on Monday, but made no move on embattled general manager Scott Pioli despite a 2-14 season marked by blowout losses, fan rebellion and a murder-suicide involving one of their players.Crennel was fired after one full season as coach, and one day after Kansas City matched the fewest wins in franchise history with an embarrassing...
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Reid among 5 NFL coaches sacked in firing frenzy

By lunchtime Monday, five NFL coaches were looking for work.With the regular season ending the day before, the firings came at a furious clip and within a span of 90 minutes the following were sacked: Andy Reid in Philadelphia, Lovie Smith in Chicago, Pat Shurmur in Cleveland, Romeo Crennel in Kansas City and Chan Gailey in Buffalo,Though he also had a losing record, New York Jets coach Rex Ryan held...
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Jaguars fire GM Gene Smith after 4 seasons

 After four years of futility, the Jacksonville Jaguars are heading in a different direction.Coach Mike Mularkey might not be around for the move.The Jaguars fired general manager Gene Smith on Monday after four disappointing seasons, including the worst year in franchise history.Mularkey could be next.Owner Shad Khan is waiting to decide Mularkey's fate until he hires a new general manager,...
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Reid among 6 NFL coaches sacked in firing frenzy

With the regular season ending the day before, the firings came at a furious clip and within a two-hour span the following were sacked: Andy Reid in Philadelphia, Lovie Smith in Chicago, Norv Turner in San Diego, Pat Shurmur in Cleveland, Romeo Crennel in Kansas City and Chan Gailey in Buffalo,Though he also had a losing record, New York Jets coach Rex Ryan held onto his job while general manager...
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UPDATE 2-NFL-Heads roll on Black Monday as seven coaches fired

* Eagles' Reid pays for disappointing season* Bears surprisingly drop Smith after 10-6 record (Adds Cardinals, Chargers, Chiefs, Bears firings)Dec 31 (Reuters) - Heads continued to roll for under-achieving head coaches across the National Football League as the Philadelphia Eagles' Andy Reid, Buffalo Bills' Chan Gailey and Cleveland Browns' Pat Shurmur were all fired on what has become known as Black...
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