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Today's News

  • There's no free lunch

    It is easy to get caught up in the minutiae when it comes to economic policy. With the state facing a $400 million deficit and budget cuts in the offing, every special interest is busy coming up with their own economic analyses explaining why subsidies or regulations that serve their own interest will really benefit the public at large.
    The fact is that more often than not, simple logic is more useful than complex economic studies that are ultimately designed to justify a predetermined policy.

  • Hu says China not a military threat to any nation

    WASHINGTON (AP) — Chinese President Hu Jintao sought to assure U.S. business leaders on Thursday that his country is an economic partner and not a military threat to America or anyone else. But he rejected foreign interference on issues such as Tibet and Taiwan.

  • 2 officers, suspect killed during Miami shootout

    MIAMI (AP) — A shootout erupted Thursday in a notoriously crime-ridden section of Miami as a team of heavily armed law enforcement agents tried to serve a warrant, leaving two officers and a suspect dead, authorities said.

    Miami-Dade Mayor Carlos Alvarez said the first officer had been shot once and died at the scene. The second officer, who was shot several times, was taken to a hospital and later died, Alvarez said. The officers and suspect were not immediately identified.

  • Palestinian killed after firing at Israeli troops

    JERUSALEM (AP) — A Palestinian man opened fire at an Israeli guard post in the West Bank on Thursday and soldiers returned fire, killing him, the military said.

  • Woman kidnapped as baby: Finding family 'a dream'

    NEW YORK (AP) — A woman who was kidnapped as an infant 23 years ago says finding her real mother "felt like a dream."

    "I'm so happy. At the same time, it's a funny feeling because everything's brand new. It's like being born again," said the woman, who was named Carlina White by her parents but was raised in Connecticut under the name Nejdra Nance.

  • Stocks edge lower on fears of Chinese rate hike

    NEW YORK (AP) — Worries that China may hike its interest rates sent copper, oil and the companies that produce them lower Thursday.

    Commodities fell sharply after China reported that its economy expanded 10.3 percent in 2010, raising expectations that the country's central bank will increase borrowing rates to curb spending and slow growth. China's inflation surged 4.6 percent in December.

  • GOP's health care repeal: Now for the hard part

    WASHINGTON (AP) — House Republicans redeemed a campaign promise to repeal President Barack Obama's health care overhaul, but now must march against the headwinds of a Democratic-controlled Senate and the specter of a White House veto.

    The GOP owes its newfound control of the House in part to its appeal last fall to voters outraged about the new health care law. And when the roll call was taken, they prevailed by a lopsided 245-189 margin.

  • Relaxed Nadal moves toward another Grand Slam win

    MELBOURNE, Australia (AP) — If Rafael Nadal is getting nervous as he eases closer to winning his fourth consecutive Grand Slam, he sure isn't showing it.

    After his 6-2, 6-1, 6-1 win Thursday over American qualifier Ryan Sweeting, the Spanish star appeared as comfortable talking about his next match — against 18-year-old Australian Bernard Tomic — as he was in beating Sweeting so convincingly.

  • Bears-Packers: Fans say it's the biggest game ever

    CHICAGO (AP) — The Green Bay Packers are headed to town for the NFC championship game and Chicago Bears fans are starting to become, well, a bit unbearable.

    Turn on the radio in Chicago and you'll hear no shortage of jokes about Packers fans, many of which have something to do with low intelligence. There's been plenty of laughs over a Green Bay newspaper headline that read "On To Chicaco." Many more center on the dietary habits of fans north of the "Cheddar Curtain," like this one:

  • SKorea accepts NKorean proposal for defense talks

    SEOUL, South Korea (AP) — South Korea said Thursday it has accepted a North Korean proposal to hold high-level defense talks a day after the leaders of the U.S. and China called for better communication between the two Koreas.