After two years of record payouts, Wall Street bonuses will take a hit this year, a new report says. The report finds that on average Wall Street workers will get an end-of-year bonus check worth 20 to 30 percent less than last year.
Attorney General Eric Holder spent almost three hours on Capitol Hill on Tuesday, getting a grilling from members of the Senate Judiciary Committee about a flawed gun-trafficking operation that let hundreds of guns flow across the Southwest border.
But even after the Justice Department oversight hearing, Republican lawmakers say there are lots of questions that remain unanswered.
"I can categorically say I have never acted inappropriately with anyone, period," Republican presidential candidate Herman Cain just told ABC News' Jonathan Karl on a live ABC/Yahoo webcast.
Responding to the latest accusation by a woman — Sharon Bialek of Chicago — who says he sexually harassed her in the late 1990s, Cain said the charge is "baseless, bogus and false" and that Bialek is lying.
"An appeals court judge appointed by President Ronald Reagan just wrote an opinion affirming the constitutionality of the federal law overhauling health care," our colleague Scott Hensley writes over at the Shots blog.
New Orleans has become the center of an education revolution, where more than 70 percent of students attend a charter school.
The number of students taught in traditional district-run schools is shrinking fast. That's because parents in post-Hurricane Katrina can pick and choose from a smorgasbord of schools with different approaches and cultures.
By many measures, this educational marketplace has improved student achievement. But as this experiment moves ahead, it's led to questions about whether the district is truly open to the most challenging students.
As we reported at the end of October, 2005 YU55, an asteroid bigger than an aircraft carrier, is set to have a very close rendezvous with planet Earth. It'll be closer than the moon and today at 6:28 p.m. ET, it will make its closest approach.
Don't worry. NASA is confident it will miss us. Here's a video NASA put together that explains the trajectory and shows an animation:
Karen Kraushaar, a 55-year-old federal employee and registered Republican, has been identified as one of the two women who in the late 1990s settled claims of sexual harassment against 2012 GOP presidential candidate Herman Cain, our colleague Liz Halloran reports on the It's All Politics blog and the NPR Newscast.
Originally published on Tue November 8, 2011 7:04 pm
Until now, Karen Kraushaar has been known to many in Washington as "Woman A," one of two employees who settled claims of sexual harassment against Herman Cain more than a decade ago when he headed the National Restaurant Association.
On Tuesday, after another woman went public with her harassment accusation against Cain, Kraushaar's identity was revealed by an iPad news site, The Daily.
"This is going to be one of the worst storms on record over the Bering Sea," said Bob Fischer, lead forecaster with the National Weather Service in Alaska. "Essentially the entire west coast of Alaska is going to see blizzard and winter conditions — heavy snow, poor visibility, high winds."
Would President Obama swap Joe Biden for Hillary Clinton on his 2012 ticket? NPR's Political Junkie Ken Rudin is dubious. "Where this comes from I do not know," he declared in his Monday column dismissing the speculation about any plans to replace Biden.
Not all hospital patients are alike. Some are harder to satisfy. Especially those who are admitted to hospitals in and around New York City, Chicago and parts of Florida.
Patients in those places gave some of the lowest evaluations of their hospital stays, Medicare data show. The surveys asked patients how well their doctors and nurses communicated, whether their pain was always handled welland whether their rooms were clean and quiet.
Originally published on Tue November 8, 2011 2:06 pm
The number of Americans who use food stamps is now close to 46 million, or 15 percent of the population. The government program that provides food stamps is formally known as SNAP, for the Supplemental Nutrition Assistance Program. And the number of people who depend on it to buy groceries has grown substantially, even since the recession was officially declared over, back in June of 2009.
Herman Cain definitely doesn't seem to have this crisis-management thing down yet.
He presumably went on Jimmy Kimmel Live Monday evening to fight the latest charge of sexual misbehavior, this one from Sharon Bialek that he made a vulgar and unwanted sexual come-on to her in 1997 when she was seeking his help for reemployment at the National Restaurant Association.
This probably isn't going to satisfy many of those who think ofThe X-Filesas a documentary series, but the Obama administration has now put the White House on record as saying the government doesn't have any evidence of life "out there."
And the Obama team doesn't believe anything's being hidden from us.
Originally published on Tue November 8, 2011 9:33 am
French President Nicolas Sarkozy was overheard last week telling President Obama that Israeli Prime Minister Benjamin Netanyahu is "a liar," according to reports from Reuters, The Associated Press and other news outlets.
Sarkozy also said of Netanyahu that "I can't stand him," the stories say.
The allegations that former Penn State assistant football coach Jerry Sandusky sexually abused young boys and that university officials, including legendary coach Joe Paterno, had been warned years ago about what was supposedly happening and never informed police have raised an obvious question:
Is it time for the 84-year-old Paterno to step down and for a complete "house cleaning" of the school's football program?
Originally published on Tue November 8, 2011 8:02 am
A "sledgehammer left hook" that put Muhammad Ali on the canvas in 1971 pretty much tells the story of Joe Frazier's career, NPR's Tom Goldman says.
"It was as crushing and symbolic" as any of Frazier's punches over his long career, Tom said on Morning Edition. "It put his bitter rival, Muhammad Ali, on his 'float like a butterfly, sting like a bee' keister at Madison Square Garden in what came to be known as the "Fight of the Century."
Originally published on Tue November 8, 2011 11:23 am
After watching a woman accuse him Monday of groping her and other inappropriate sexual behavior, "I says 'well, I know what we got to do,' because there's not a ounce of truth in all of these accusations," Republican presidential candidate Herman Cain said early today on ABC TV's Jimmy Kimmel Live!. Cain said he'll be holding a news conference this afternoon in Phoenix to address the allegations.
It was one year ago that the Tea Party movement helped Republicans take control of the U.S. House of Representatives. With the presidential election a year away, the movement finds itself searching for ways to have the same kind of impact this time around.
The Tea Party celebrated on election night last year with candidates like Rand Paul, who captured a Senate seat in Kentucky.
"Tonight there's a Tea Party tidal wave, and we're sending a message to them," Paul said in his victory speech.
When NASA's next Mars rover blasts off later this month, the car-sized robot will carry with it nearly eight pounds of a special kind of plutonium fuel that's in short supply.
NASA has relied on that fuel, called plutonium-238, to power robotic missions for five decades.
But with supplies running low, scientists who want the government to make more are finding that it sometimes seems easier to chart a course across the solar system than to navigate the budget process inside Washington, D.C.
It doesn't happen often, but there are times when a single book turns the world on its head. Isaac Newton's Principia unraveled the mystery of gravity. Charles Darwin's On the Origin of Species explained how evolution worked.
But before either of these, there was On the Revolutions of the Heavenly Spheres by Nicolaus Copernicus. It was published in 1543. In it, Copernicus made the astounding claim that Earth revolves around the sun, not the other way around.
The U.S. Supreme Court, an institution steeped in tradition, steps into the turbulent world of new technology Tuesday. At issue before the court is whether police must get a warrant from a judge before they can attach a GPS tracking device to a car so they can monitor a suspect's every movement for an indefinite period of time.
The case could have enormous implications for privacy rights in the information age.
From Los Angeles to New York City and Miami to Dallas, professional basketball fans face November without the NBA. The league keeps canceling games because of the ongoing lockout as players and owners squabble over future contracts.
Most NBA cities have other professional sports to turn to with hoops on hiatus. But some markets, like downtown Oklahoma City, only have one game in town.