The Pentagon has a new name for ISIS

Thursday, 18 December 2014 16:00
Washington (CNN) -- There's yet another new name for ISIS among those fighting against the terror group. Daesh. There is already some confusion in Washington about what to call ISIS. Barack Obama and other government leaders call the terror group operating in Iraq and Syria ISIL -- short for Islamic State of Iraq and the Levant. CNN takes a different tack, calling the group ISIS -- Islamic State in Iraq and Syria.
Two weeks in China air rage and other dramas
Thursday, 18 December 2014 16:00
All's calm now, but there's been recent turbulence in the skies over China. STORY HIGHLIGHTSPast two weeks have seen media coverage of four separate incidents of Chinese tourists misbehaving on planesA couple, after throwing a series of tantrums, threw hot water at a flight attendantEmergency exits were opened in two separate incidents for different reasonsA mini-brawl was touched off by a crying baby and reclining seats
When Fidel Castro sent FDR fan mail
Thursday, 18 December 2014 16:00
Washington (CNN) -- President Barack Obama jolted the long, tumultuous relationship between the United States and Cuba with his decision to normalize relations with a country that has fascinated and vexed Americans since the days of Theodore Roosevelt. The decision led CNN to dig throughthe U.S. National Archives, findingtroves of de-classified documents and letters that paint a fascinating picture of two nationsas theybegin to re-engage after a decades-longstand-off.
Jeb Bush's banking career ripe for GOP attack
Thursday, 18 December 2014 16:00
STORY HIGHLIGHTSJeb Bush supported the federal Wall Street bailoutHe also worked for Barclays, which eventually benefited from $8.5 billion in taxpayer money from the bailoutThose issues could provide fodder for some of his conservative opponents in a presidential primary Washington (CNN) -- Former Florida Gov. Jeb Bush's decision to step down from his advisory role at British bank Barclays at the end of the year became the latest indication he's gearing up to jump into…
After Devastating Sony Hack, Experts Ask: Who's Next?
Thursday, 18 December 2014 16:00
Massive cyberattacks on companies like Target and Home Depot have grabbed public attention in the past year, but cybersecurity experts say the Sony hack was designed to cause "utter devastation" on an unprecedented scale. There's no question, they say, that there will be more large-scale cyber assaults. And whether it's on another entertainment company, a multi-national bank, a major retailer or a government agency, the hack on Sony has changed the goal from mischief, profit,…
Dow Soars More Than 400 Points as Oil Prices Fall
Thursday, 18 December 2014 16:00
The Federal Reserve's promise to be "patient" about boosting borrowing costs helped send U.S. stock markets soaring Thursday for a second day. The Dow closed up more than 400 points for a combined two-day total of more than 700 points — 4.2 percent. It was the first 400-point gain for the Dow since November 2011 and the second consecutive day that stocks rose more than 1 percent. With the two days of gains, the stock…
Apple's Cook makes 'substantial' donation for gay rights in U.S. South
Thursday, 18 December 2014 15:58
(Reuters) - Apple Inc Chief Executive Tim Cook, the highest-profile U.S. business leader to publicly acknowledge being gay, has made a "substantial" donation to a gay rights effort in his native Alabama and two other southern U.S. states, activists said on Thursday. Cook, who came out in a magazine essay in October, days after accepting an Alabama Academy of Honor award in a speech critical of the state's lack of progress on gay rights, is…
U.S. holiday sales may recover with help of deep discounts
Thursday, 18 December 2014 15:58
By Nandita Bose and Nathan Layne CHICAGO (Reuters) - Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers. An uptick in last-minute shopping trips on the all-important weekend before Christmas is likely to benefit consumer electronics chains like Best Buy <BBY.N> and home improvement retailers like Home Depot <HD.N> and Lowe's <LOW.N> the most. Spending this year has been strongest in these segments, which…
S&P 500 posts biggest gain since Jan 2013; tech leads
Thursday, 18 December 2014 15:58
By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates. The rally, which followed a three-day losing streak, was also driven by a 4.2 percent gain in the S&P energy index. Following a two-day meeting, the U.S.
Paramount won't let theaters screen 'Team America: World Police"
Thursday, 18 December 2014 15:58
And Hollywood caves, again. Following Sony’s announcement pulling the plug on “The Interview,” Paramount Pictures is ordering theaters across the country not to screen “Team America: World Police” in its place. ADVERTISEMENT ADVERTISEMENT The Alamo Drafthouse in Dallas, Texas, was one of the theaters set to play the flick, but had canceled the screening as of Thursday afternoon. Due to to circumstances beyond our control, the TEAM AMERICA 12/27 screening has been cancelled.

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