Business
10:01 am
Wed January 4, 2012

To Climb In U.S., Volkswagen Gets Less German

Originally published on Wed May 23, 2012 9:09 am

Last year was a very good year for the German automaker Volkswagen, but 2012 could be even better.

Sales for Volkswagen Group's brands — including Audi, Bentley and Lamborghini — increased by 20 percent in the U.S. last year. For the Volkswagen brand itself, sales rose 26.3 percent. And if things continue to go Volkswagen's way, it could become the No. 1 carmaker in the world.

Read more
It's All Politics
9:46 am
Wed January 4, 2012

After Bruising Loss In Iowa, Bachmann Bows Out

Originally published on Wed January 4, 2012 10:09 am

Minnesota Rep. Michele Bachmann announced Wednesday that she is suspending her campaign for the Republican presidential nomination. The conservative provocateur finished a disappointing sixth in Tuesday's caucuses in Iowa, with just 5 percent of the vote.

"Last night the people of Iowa spoke with a very clear voice," Bachmann said at a mid-morning news conference in West Des Moines. "So I have decided to stand aside."

Read more
It's All Politics
9:40 am
Wed January 4, 2012

Gov. Perry: 'Here we come South Carolina!!!'

Though he said last night that he would go home to reassess his bid for the presidency — a signal that he might drop out of the race — this message just popped up on the personal Twitter page of Texas Gov. Rick Perry:

"And the next leg of the marathon is the Palmetto State...Here we come South Carolina!!!"

Read more
The Two-Way
9:09 am
Wed January 4, 2012

Bucking GOP, Obama Will Recess Appoint Consumer Agency Chief

Credit Chip Somodevilla / Getty Images
Richard Cordray testifies during his confirmation hearing on Capitol Hill in September. His nomination to head the consumer watchdog agency was blocked by Senate Republicans.

President Obama will use what's known as a recess appointment to name Richard Cordray the head of the country's new consumer watchdog agency.

Read more
The Two-Way
8:56 am
Wed January 4, 2012

Man Uses iPad, Not Passport, To Gain Entry To U.S.

A Canadian man has been making headlines because he used an image of his passport saved on his iPad — instead of the official document itself — to cross the U.S.-Canadian border two times.

Martin Reisch, 33, says he forgot his passport when he left for a car trip across the border in Quebec. But he had an iPad with him, and it contained a scan of his passport. So Reisch gave the device to the U.S. border officer, along with his drivers' license, and the explanation that he was merely driving to Vermont, to drop off some Christmas presents.

Read more
Election 2012
8:35 am
Wed January 4, 2012

Not Everyone Is Basking In Iowa's Afterglow

Iowa proved a road to victory for Mitt Romney, but it was a road to nowhere for Michele Bachmann.

The field of Republican challengers narrowed Wednesday after the Minnesota congresswoman held a news conference in Des Moines to announce that she was ending her 2012 presidential bid following after a poor showing in Tuesday night's caucuses.

Speaking deliberatively, Bachmann said she had "no regrets" whatsoever and said she ran her race with integrity and will continue to fight for the causes she emphasized on the campaign trail.

Read more
The Two-Way
8:31 am
Wed January 4, 2012

Orders To U.S. Factories Increased By 1.8 Percent In November

The United States saw an 1.8 percent uptick in orders to factories in November, marking a four-month high and signaling continued economic recovery. The Commerce Department also revised the data for Ocotber, which recorded a 0.2 percent drop.

Bloomberg reports:

Read more
The Two-Way
8:14 am
Wed January 4, 2012

Afghan President Says He Supports Talks With Taliban

Afghanistan's president said his country would back a deal, which might allow the Taliban to open an office in Qatar where they could hold peace talks with the United States and Afghanistan.

"Afghanistan agrees with negotiations between United States of America and the Taliban which will result in the establishment of an office for Taliban in Qatar," President Hamid Karzai said on Wednesday.

The AP adds:

Read more
Election 2012
8:10 am
Wed January 4, 2012

Confident Romney, Bolstered Santorum Head To N.H.

The photo finish in Iowa — officially, Mitt Romney bested Rick Santorum by only eight votes — has catapulted Santorum into the front ranks of Republican presidential hopefuls.

"This is huge news for Santorum," says Charlie Arlinghaus, who directs a conservative think tank in New Hampshire. "I don't think there's a way to spin the results without saying he's the big winner tonight."

Read more
The Two-Way
8:00 am
Wed January 4, 2012

Chinese Year Of The Dragon Postage Stamp Deemed 'Too Ferocious'

Credit Webo/China Post
What A Difference A Year Makes: China's Year of the Dragon stamp, left, is decidedly more fearsome than last year's model, of a rabbit.

To welcome the Year of the Dragon, China's postal service plans to release commemorative postage stamps featuring the fabled beast. But many customers are finding the image to be a little over the top.

Here are some reactions cited by China's Xinhua news agency:

Read more

Pages