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Obama’s approval rating hits record low

US President Barack Obama’s job approval rating has sunk below 40 percent for the first time, according to a new Gallup daily tracking poll. The survey, made public late Sunday, shows that 39 percent of Americans approve of the president’s job performance, while 54 percent disapprove. Both figures are the…

Obama to face economic woes on bus tour

US President Barack Obama sets out to shore up his fragile political standing Monday, launching a bus tour through key Midwestern states which will resonate with voter anxiety over the economy. Obama will spend three days trekking through Minnesota, Iowa and his adopted home state of Illinois, all of which…

Week 2 of Wisconsin’s historic recall elections

CHICAGO (Reuters) – Wisconsin’s series of recall elections concludes on Tuesday when voters go to the polls in two state Senate districts where Democrats are being forced to defend their seats. No matter who wins,Republican Governor Scott Brown and his Republican allies will retain control of the legislature, where the battle over…

Warren Buffett calls for higher taxes on wealthy Americans

Warren Buffett wants to pay more taxes. In an op-ed in the New York Times Monday, the Oracle of Omaha calls on Congress to ask him and other “super-rich” Americans to contribute more to the federal government. Buffett called for the immediate increase in the tax rate for those making more…

Google to buy Motorola Mobility for $12.5 billion

BANGALORE (Reuters) – Google Inc said it will buy Motorola Mobility Holdings Inc for about $12.5 billion in cash. The $40 a share offer is at a 63 percent premium to Motorola Mobility’s Friday close on the New York Stock Exchange. (Reporting by Sayantani Ghosh in Bangalore; Editing by Saumyadeb…

‘Hacktivists’ target San Francisco subway website

The international group of hackers known as Anonymous began a cyber attack on a website of the San Francisco subway, in retaliation for the agency’s bid to shut down cellphone service to limit a protest over a fatal shooting. As of late Sunday the main website for the Bay Area…

Severe storms batter Kentucky, leave thousands without power

LOUISVILLE (Reuters) – Severe thunderstorms across southwest Indiana and into Kentucky left about 74,000 Louisville customers without power on Sunday, officials said. The windy rains rolled through late on Saturday, and nearly 130,000 customers were in the dark at the peak of the storms, according to LG&E-KU Energy spokesman Chip…

Republican race tightens into three-way brawl

WASHINGTON — The Republican White House race has sharpened into a three-way brawl, pitting a moderate businessman and a Tea Party firebrand against a Texas governor promising the best of both worlds. For months, former Massachusetts governor Mitt Romney has led the polls despite conservative misgivings about his history of…

Senator calls for utility plant worker background checks

NEW YORK (Reuters) - Sen. Charles Schumer said on Sunday he would introduce legislation requiring major utility plants to run background checks on employees to help prevent security threats against power facilities. Citing a recent U.S. Department of Homeland Security report that found insider sabotage at electric, gas, and water utilities was a significant threat…

Bomb squad called to John Boehner’s office

House Speaker John Boehner (R-OH) received a scare on Sunday afternoon after a bomb squad was called to his local office, as reported by local ABC news affiliate in Cincinnati. A police offer located three black suitcases at the door of Boehner’s office at around 11:30 AM. Along with the bomb…

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