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US closes Syrian embassy as diplomacy collapses (AP)

AP - The U.S. closed its Syrian embassy and Britain recalled its ambassador to Damascus Monday in a dramatic new Western push to get President Bashar Assad to leave power as diplomatic efforts to resolve one of the deadliest conflicts of the Arab Spring collapsed.



Few answers in death of sons of missing Utah mom (AP)

AP - Josh Powell's note was simple and short, a farewell to the world after two years of being scrutinized in the media, hammered by police and questioned by judges, prosecutors and social workers, living his life under a microscope since the day his wife vanished.



Tax reform in this election year: It's not likely (AP)

AP - Tax reform sounds like a good idea to lots of people, but where to start? Eliminate the popular deduction for home mortgages? End the write-off for charitable contributions? How about expanding the Social Security payroll tax?



Prices rise, patience thins in sanctions-hit Iran (AP)

AP - A simple trip to the store in Iran these days offers a crash course in life under Western economic sanctions.



Greece caves in on civil service firings (AP)

AP - Greece's coalition government on Monday caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.



SDakota inmate sentenced to death in guard killing (AP)

AP - A judge on Monday sentenced a South Dakota inmate to death for killing a prison guard by bashing him with a pipe and covering his mouth with plastic wrap during a failed escape attempt.



Defense cuts test lawmakers' resolve on deficits (AP)

AP - President Barack Obama's call to shrink the military, shut bases and cancel weapons to meet the demand for budget cuts tests the resolve of lawmakers who came to Washington determined to slash the deficit.



Norway mass killer demands medal at court hearing (AP)

AP - The right-wing extremist who has admitted killing 77 people in Norway's worst peacetime massacre told a court Monday that he deserves a medal of honor for the bloodshed and demanded to be set free.



Palestinians take step toward unity (AP)

AP - After months of wavering, Palestinian President Mahmoud Abbas took a decisive step Monday toward reconciliation with the Islamic militant group Hamas, a move Israel promptly warned would close the door to any future peace talks.



Verizon to set up streaming service with Redbox (AP)

AP - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.



Greeks delay bailout talks as Merkel demands action (Reuters)

Reuters - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.



Gingrich vows to take fight to "timid" Romney (Reuters)

Reuters - Republican Newt Gingrich vowed on Sunday to press ahead with his struggling presidential bid after a big loss in Nevada, saying he will focus on drawing a contrast with "timid" rival Mitt Romney.



Syria bombards Homs; West scrambles for new strategy (Reuters)

Reuters - Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to President Bashar al-Assad, the Syrian National Council opposition group said.


With economy improving, Obama would beat Romney: poll (Reuters)
Reuters - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed.

Insight: Two firms flourish in frenzied MF Global aftermath (Reuters)
Reuters - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.

 
 
 

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