CAIRO (AP) — A leading Muslim Brotherhood member and adviser to Islamist President Mohammed Morsi created a stir in Egypt when he called on Egyptian Jews in Israel to return home because Egypt is now a democracy and because the Jewish state won't survive.Essam el-Erian's remarks in a TV appearance put the Brotherhood, which holds power in Egypt, on the spot as opponents — and some allies — jumped...
Activists: At least 9 killed by Damascus car bomb
Labels: WorldBEIRUT (AP) — A car bomb blew up late Thursday in a Damascus gas station, killing at least nine people, a Syrian activist group said.The Britain-based Syrian Observatory for Human Rights said the death toll in the blast in the capital's Masakin Barzeh neighborhood is expected to rise because many of the wounded were in critical condition.Syria's state news service also reported the blast but did not...
Rebel area shows limits of rebel push for Damascus
Labels: WorldTwin airstrikes by government jets on a large, rebel-held suburb of Damascus on Thursday sheered the sides off apartment towers and left residents digging through rubble for the dead and wounded.The bombing of Douma came amid a wave of attacks on rebellious districts of the Syrian capital, part of the government's efforts to keep rebel fighters out of President Bashar Assad's seat of power. Late Thursday,...
Jan
03
Fiscal-cliff deal no recipe for a robust economy
Labels: BusinessHousing is rebounding. Families are shrinking debts. Europe has avoided a financial crackup. And the fiscal cliff deal has removed the most urgent threat to the U.S. economy.So why don't economists foresee stronger growth and hiring in 2013?Part of the answer is what Congress' agreement did (raise Social Security taxes for most of us). And part is what it didn't do (prevent the likelihood of more...
Auto industry posts best U.S. sales year since 2007
Labels: BusinessU.S. auto sales rose 9 percent in December, led by foreign manufacturers, capping off the best year for the industry since before the recession.The year's sales were driven by a slowly recovering economy, more available credit and the need for consumers and businesses to replace aging cars and trucks.General Motors Co posted December U.S. sales growth of 5 percent compared with the year-earlier month,...
Economy, year-end sales help auto industry in 2012
Labels: BusinessDETROIT (AP) — A steadily improving economy and strong December sales lifted the American auto industry to its best performance in five years in 2012, especially for Volkswagen and Japanese-brand vehicles, and experts say the next year should be even better.Carmakers on Thursday announced their final figures, which totaled 14.5 million — 13 percent better than 2011.More than three years after the...
Fracking can be done safely in New York state: dept report
Labels: BusinessThe natural gas drilling process known as fracking would not be a danger to public health in New York state so long as proper safeguards were put into place, according to a health department report that environmentalists fear could help lift a moratorium on the controversial technique.Governor Andrew Cuomo is weighing the economic benefits of hydraulic fracturing - commonly known as fracking - against...
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