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 today 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

Fiery Debate Over Pistorius' Story at Bail Hearing

As prosecutors today outlined their case against South African Olympian Oscar Pistorius, providing details that they say indicates a premeditated act of murder against his girlfriend, his lawyers swatted at each bit of evidence on the dramatic second day of a bail hearing that will likely foreshadow the upcoming trial.The Johannesburg courtroom sat riveted as police investigators...
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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

Dr. Drew: McCready Was 'Fearful of Stigma'

Troubled country singer Mindy McCready was "devastated" after the January death of her boyfriend and "fearful of stigma and ridicule," according to Dr. Drew Pinsky, who treated her in 2009 on "Celebrity Rehab with Dr. Drew."McCready died Sunday of an apparent self-inflicted gunshot wound at her Arkansas home, police said. She was 37.The country singer who soared to the top of...
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Feb
17

White House: Leaked Immigration Bill Draft Is Plan B

Feb 17, 2013 11:48am Leaked draft legislation reportedly authored by the White House would be used as a backup proposal should negotiations fail in Congress over comprehensive immigration reform, administration officials said today.White House Chief of Staff Dennis McDonough was asked about the USA Today story on political talk shows this morning. On NBC’s “Meet the Press,” host...
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Feb
16

Uncle: Pistorius Is 'Numb With Shock as Well as Grief'

Oscar Pistorius is "numb with shock as well as grief" his uncle told reporters Saturday as the Olympian amputee spent his second night behind bars in a South African jail for the allegedly killing his model girlfriend Reeva Steenkamp."All of us saw at firsthand how close [Steenkamp] had become to Oscar during that time and how happy they were," he said. "They had plans together...
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Feb
15

Cruise Ship Now Faces Expected Wave of Lawsuits

Despite having their feet back on solid ground and are making their way home, passengers from the Carnival Triumph cruise ship are still fuming over their five days of squalor on the stricken ship and the cruise ship company is likely to be hit with a wave of lawsuits."I think people are going to file suits and rightly so," maritime trial attorney John Hickey told ABCNews.com....
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Feb
14

Tempers and Compensation on Cruise Ship Rising

The 4,000 passengers and crew aboard the stricken Carnival Triumph cruise ship will disembark after dark tonight from the fetid cruiser dubbed "the poop deck" on social media, according to officials."It will come in. It will not stop," Alabama State Port Authority Director Jimmy Lyons said at a news conference today. "We're going to do everything we can from our standpoint to...
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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

Benedict XVI First Pope to Resign in 600 Years

Pope Benedict XVI's unexpected announcement today that he will step down for health reasons makes him the first pontiff to resign in nearly 600 years, even catching the Vatican by surprise and setting off a chain reaction that will end with a conclave to elect a new pope before the end of March."My first reaction was this is, it's very startling," Cardinal Donald Wuerl, Archbishop...
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