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Shriver to terminate marriage with Schwarzenegger

Maria Shriver, the wife of actor and former California governor Arnold Schwarzenegger, has filed for divorce, according to documents filed in Superior Court in Los Angeles. Shriver, 55, cited “irreconcilable differences” with her husband, whom she met in 1977 and married in 1986. Schwarzenegger, 63, admitted in May that he…

Gov. Jerry Brown signs California budget cuts

LOS ANGELES — California Governor Jerry Brown signed a state budget Thursday approved by the legislature that prescribes $15 billion in spending cuts in a bid to alleviate the crisis in the deficit-ridden state. It was the first time in years that California has adopted its budget on time. Last…

Cantor could rake in windfall if debt ceiling isn’t raised

Economists have said that failing to raise the debt ceiling could be catastrophic for the U.S. economy, but at least one lawmaker stands to gain financially if the country defaults on its debts. House Majority Leader Eric Cantor’s (R-VA) latest financial disclosure statement indicates that he owns up to $15,000…

CT scans cut lung cancer deaths by 20 percent: study

WASHINGTON — Current or former heavy smokers screened with low-dose CT scans experienced a 20 percent reduction in lung cancer deaths compared to those screened using chest X-rays, a US study found Wednesday. The National Lung Screening Trial, conducted starting in 2002 among 53,454 patients at a high risk of…

Obama warns of ‘significant’ default impact

President Barack Obama warned Wednesday that a failure to raise the US debt ceiling could trigger “significant” and “unpredictable” damage to the fragile US economy and smother job growth. “If the United States, for the first time, cannot pay its bills, if it defaults, then the consequences for the US…

Chavez makes first TV appearance after surgery

HAVANA — Hugo Chavez appeared on Cuban state television, with revolutionary icon Fidel Castro, for the first time since the Venezuelan president underwent emergency surgery in Cuba. The 56-year-old appeared to have lost weight, but was animated in speech as usual as he stood alongside Castro, 84, the footage showed.…

Palin fuels presidential bid speculation in Iowa

PELLA, Iowa (Reuters) – Republican Sarah Palin said on Tuesday she is still studying a potential 2012 presidential run, though her daughter said she has already made up her mind. Palin, the Republican vice presidential nominee in 2008, attended the premiere of a flattering documentary about her, “The Undefeated,” at…

Hackers take down MasterCard.com a second time

The website of credit card provider MasterCard was taken offline Tuesday morning, apparently by hacker activists trying to make a statement about the financial blockade of anti-secrecy website WikiLeaks. MasterCard, along with Visa, PayPal, Bank of America and Western Union, have all decided to withhold funds from WikiLeaks, and the…

‘Probably inevitable’ a country will exit euro: Soros

VIENNA (Reuters) – Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse. Soros, famous for making $1 billion by betting against the British pound…

McCain: Egypt’s military wants power transfer to elected leader

CAIRO — Egypt’s military rulers want to hand over powers to an elected government “as soon as possible,” US Senator John McCain said after talks on Sunday with the head of the Supreme Council of the Armed Forces. Power was transferred to the armed forces by former president Hosni Mubarak…

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