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IRS chief declines to identify employees involved in scandal

May 18, 2013 By Leave a Comment
Outgoing acting IRS Commissioner Steven Miller is sworn-in during a House Ways and Means Committee hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington

(Reuters) - The outgoing head of the U.S. Internal Revenue Service angered Republican lawmakers on Friday by resisting their demands that he identify who at the tax-collection agency had inappropriately targeted conservative groups for extra scrutiny. But during the first hearing into a growing IRS scandal that could preoccupy Washington for months, Republicans did learn that a top official in President Barack Obama's administration knew that the IRS was looking into targeting by the tax … [Read more...]

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Financial Times Tech Blog and Twitter Accounts Hacked

May 18, 2013 By Leave a Comment
FT-Markets-hack

The Financial Times said its Tech Blog and various Twitter accounts were hacked on Friday by a group identifying itself as the Syrian Electronic Army. "Apologies, we have been hacked and you may see tweets not from the FT," the news organization wrote on its Financial Times Live Twitter feed. Seconds before the note was published, two messages populated the newspaper's Twitter feed, including one stating "Syrian Electronic Army Was Here," and another including a link to a YouTube … [Read more...]

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Obama picks temporary IRS head as Tea Party decries scandal

May 17, 2013 By Leave a Comment
Undated handout photo of White House Office of Management and Budget Controller Werfel

(Reuters) - President Barack Obama on Thursday chose a White House budget official to lead the beleaguered Internal Revenue Service and vowed to ensure that the tax-collection agency will not single out any more groups based on their political beliefs. Danny Werfel, who has been Obama's point man in overseeing the controversial "sequestration" budget cuts, will tackle the biggest scandal of Obama's presidency when he takes charge of the IRS on May 22. It could be a thankless job. The … [Read more...]

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Vin Diesel: Facebook ‘Owes Me Billions Of Dollars’

May 12, 2013 By Leave a Comment
Vin Diesel- Facebook 'Owes Me Billions Of Dollars' Read more- http-::www.businessinsider.com:vin-diesel-says-facebook-owes-him-money-2013-5#ixzz2T7GRwvzB

With 41 million likes on Facebook, "Fast & Furious 6" star Vin Diesel is one of the most popular celebrities on the social networking site. But how did the action star create such a successful online persona? He got in the game early. “What Facebook didn’t realize is something very big was about to happen, and that was — for the first time in history, and it’s kind of a fluke they didn’t see this coming — when I jumped on that page in April 2009, I started talking to people. … [Read more...]

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Obama launches campaign to boost landmark healthcare program

May 11, 2013 By Leave a Comment
U.S. President Barack Obama delivers remarks on jobs during a visit to Applied Materials in Austin

(Reuters) - President Barack Obama launched a campaign to promote his signature 2010 healthcare overhaul on Friday in the face of harsh criticism from congressional Republicans who say the program will raise costs and hurt hiring. "If you're one of the tens of millions who don't have health insurance, beginning this fall you'll finally be able to compare and buy quality, affordable private plans that work for you," he said at an event at the White House. "If you've already got health … [Read more...]

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Obama says does not foresee sending U.S. troops to Syria

May 4, 2013 By
U.S. President Obama speaks during a joint news conference with Costa Rica's President Chinchilla after their meeting at Casa Amarilla in San Jose

(Reuters) - President Barack Obama said on Friday he does not foresee a scenario in which he would send U.S. ground troops to Syria. At a news conference in the Costa Rican capital, Obama also vowed the United States would take a cautious approach to responding to Syria's alleged use of chemical weapons, saying he will not "leap before we look." (Reporting By Steve Holland and Mark Felsenthal; Editing by Sandra Maler) (VIA. Reuters) … [Read more...]

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Obama blesses Mexican security plan, eyes deeper business ties

May 3, 2013 By
U.S. President Obama alights from Air Force One as he begins his visit to Mexico City

(Reuters) - U.S. President Barack Obama gave his blessing on Thursday to a new security arrangement with Mexican leader Enrique Pena Nieto, in which Mexico will make reducing violence a priority over hunting drug cartel kingpins in the war against organized crime. The two presidents said they also want to step up trade and business ties that have been overshadowed by the battle against drug trafficking. "It is obviously up to the Mexican people to determine their security structures … [Read more...]

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Hoax tweet tests firms that filter social media for Wall Street

April 25, 2013 By
Illustration file picture shows a man typing on a computer keyboard in Warsaw

(Reuters) - Firms that scour social media sites such as Twitter for information to help investors and traders make money faced their biggest test yet this week. A tweet reporting explosions at the White House appeared on the Associated Press's official feed Tuesday afternoon, sparking a temporary sell-off that briefly wiped out about $140 billion in market value on the S&P 500. The tweet was a fake and the account had been hacked. But for analytics firms that comb through tweets … [Read more...]

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Obama heading to Texas for Bush museum dedication, fundraising

April 24, 2013 By
U.S. President Barack Obama speaks in the Oval Office of the White House in Washington

(Reuters) - President Barack Obama is headed to Texas to stand shoulder-to-shoulder with former President George W. Bush in what could serve as a powerful reminder of the ongoing struggle against terrorism in the aftermath of the September 11, 2001, attacks on the United States. Obama is due to attend the dedication on Thursday of Bush's presidential library at Southern Methodist University, along with former presidents Bill Clinton, George H.W. Bush and Jimmy Carter and hundreds of … [Read more...]

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As George W. Bush library opens, a rare meeting of presidents and rivals

April 23, 2013 By
GWB 419

(Reuters) - Their rivalries have helped to define American politics for more than a quarter-century. And sometimes the complex relationships among the only five people alive who know what it's like to be president of the United States have seemed to be straight out of a soap opera. They have called each other names and blamed one another for the nation's problems. But when they have a rare meeting in Dallas on Thursday for the opening of former president George W. Bush's library and … [Read more...]

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