Source Match Finance News
MANAGUA, Nicaragua (AP) — Officials are calling it a robbery gone bad, but a bloody firefight between police and an armed band in a northern town has Nicaraguans asking if guerrilla groups are forming to confront President Daniel Ortega as he lobbies for a constitutional change to let him seek an unprecedented third term.
Travelers left behind a record $531,395.22 in loose change at security checkpoints in US airports in fiscal 2012, the Transportation Security Administration says. In a report to Congress, seen by the Washington Post, the TSA said more than $10,000 in change was forgotten at each of 13 major airports in such cities as New York, Dallas, Atlanta and San Francisco. Passengers at Miami International Airport, a prime gateway for Latin American travellers, left $39,613, more than at any other airport. Under US law, the TSA -- with a $7.6 billion budget for the fiscal 2012 year that ended September 30 -- is supposed to spend any loose change it finds on civil aviation security.
The report, which showed broad gains in employment and a rise in hourly earnings, suggested strength in the economy heading into year-end. "It will add further confidence to the Fed of a reduced need for monetary stimulus in the U.S. economy. The unemployment rate dropped three tenths of a percentage point to its lowest level since November 2008 as some federal employees who were counted as jobless in October returned to work after a 16-day partial shutdown of the government. U.S. benchmark Treasury yields hit a three-month high as traders raised bets the Fed could reduce its bond purchases as early as its next meeting on December 17-18, though they later eased back.
The U.S. Supreme Court on Friday agreed to decide on a key software industry issue of which kinds of computer-related software are eligible for patent protection. The court said in a one-line order that it would hear a case brought by Alice Corporation Pty Ltd, which holds a patent for a computer system that facilitates financial transactions. The patent is challenged by CLS Bank International. The court took no action on another case raising the same issue involving a patent dispute between WildTangent Inc and Ultramercial Inc.
An aide of North Korean leader Kim Jong-Un's uncle is seeking asylum in South Korea after fleeing his country ahead of a leadership purge, a report said Friday. South Korean officials believe the escapee might have managed funds for Jang Song-Thaek, who until this week was regarded as Kim's political regent, said the South's cable news network YTN, citing intelligence sources. The report also said he may have information on secret funds controlled by the Kim family. The South's National Intelligence Service (NIS) told a parliamentary committee Tuesday that it believed Kim's uncle Jang had been removed and two associates executed.
To find extraterrestrial life, be it microbes or intelligent life, scientists need telescopes capable of detecting Earth-like planets in Earth's neighborhood and ways to detect biological signatures of life or signs of alien technology. "This is the first time in human history we have the technological reach to find life on other planets," Sara Seager, a planetary scientist at MIT, said at a House Committee on Science, Space and Technology hearing today. "Astrobiology has become a crosscutting theme of all NASA space science endeavors," and continued funding is important, said Congresswoman Eddie Bernice Johnson (D., Texas). The Kepler mission has identified more than 3,500 potential planets outside Earth's solar system, including 10 that are Earth-size and lie within their star's habitable zone.
In 2008 just before his 90th birthday, the United States gave Nelson Mandela a special present, striking him from a decades-old terror watch list and ending what US officials called "a rather embarrassing matter." By then the anti-apartheid icon had long left behind the jail cells where he was incarcerated for 27 years, and was already enjoying retirement and his status as one of the most revered statesmen of the 20th century after becoming South Africa's first black president. On Thursday, when Mandela died at age 95, President Barack Obama hailed him as belonging "to the ages" and ordered that flags on US government buildings be flown at half-mast -- a rare tribute to a foreign leader. Yet decades ago many in America did not share in the adulation of Mandela and his African National Congress (ANC), which had been billed a terrorist organization by both South Africa and the United States.