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Boeing says flaw could affect 55 Dreamliners - 22 Feb 2012 at 4:05pm - SINGAPORE (Reuters) - About 55 Boeing Co 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.

Schwartzel and Bae win, Tiger toils at Match Play - 22 Feb 2012 at 4:01pm - MARANA, Arizona (Reuters) - While three-times winner Tiger Woods had his hands full in his opening match, Charl Schwartzel and Bae Sang-moon both won comfortably at the WGC-Accenture Match Play Championship on Wednesday.

Obama urges corporate tax cut, closing loopholes - 22 Feb 2012 at 4:00pm - WASHINGTON (Reuters) - President Barack Obama made an opening offer in what could be a long negotiation with corporate America on Wednesday, putting forward his first clear plan to cut the corporate tax rate.

Chavez surgery rocks Venezuela ahead of election - 22 Feb 2012 at 4:00pm - CARACAS (Reuters) - Venezuelan President Hugo Chavez's imminent departure for more cancer surgery in Cuba has thrown his re-election campaign into uncertainty and once again shaken the socialist leader's passionate supporters.

Woman tries to hire hit man to kill fur-wearer: FBI - 22 Feb 2012 at 3:59pm - CLEVELAND (Reuters) - An Ohio woman who likened freeing lab animals to liberating Holocaust survivors was being held in custody Wednesday on charges she used Facebook to try to hire a hit man to kill a person at random for wearing fur, prosecutors said.

Cherie Blair sues over phone hacking - 22 Feb 2012 at 3:56pm - LONDON (Reuters) - The wife of former Prime Minister Tony Blair has begun legal action over the alleged interception of her private phone messages, her lawyer said Wednesday, making her the latest public figure to be drawn into a hacking scandal that has shaken the country's media.

Oscars 2012: A year of comfort - 22 Feb 2012 at 3:56pm - LOS ANGELES (Reuters) - When the curtain rises on the Oscars this Sunday, nervous anticipation will, as usual, fill the theater at the world's top film awards, but this year movie fans can relax.

WADA athlete committee warns dopers to avoid London - 22 Feb 2012 at 3:53pm - (Reuters) - Former swimmer Matt Dunn, who competed in three Olympics for Australia and is now a member of the World Anti-Doping Agency's athlete committee, warned those using performance-enhancing drugs to steer clear of this year's London Games.

Exclusive: Palo Alto Networks, other tech firms tee up IPOs - 22 Feb 2012 at 3:49pm - NEW YORK (Reuters) - A series of technology companies, including security software maker Palo Alto Networks, are preparing to go public on the heels of Facebook's $5-billion filing, sensing a window of opportunity as the stock market rallies.

IBM eyes cybersecurity market with new platform - 22 Feb 2012 at 3:48pm - (Reuters) - International Business Machines is gearing up to take a chunk of the growing Internet security market by applying its data analytics to help companies and organizations fight cyberattacks.

Lawmakers to Obama: tamp down fuel prices with oil stocks - 22 Feb 2012 at 3:43pm - WASHINGTON (Reuters) - Three Democratic lawmakers on Wednesday urged the White House to signal it is ready to tap the nation's oil stockpiles to combat surging fuel prices, arguing an "aggressive" strategy could tamp down speculation.

Kansas City priest accused of molesting 4 brothers - 22 Feb 2012 at 3:41pm - KANSAS CITY (Reuters) - Catholic leaders in Kansas City covered up years of sexual abuse of several young children by a priest who led a Christian organization for youth, according to a lawsuit filed Wednesday by four brothers who say they were victimized as children.

Lindsay Lohan pleases judge on "home stretch" of probation - 22 Feb 2012 at 3:35pm - LOS ANGELES (Reuters) - Actress Lindsay Lohan got high marks from a Los Angeles judge at her penultimate progress hearing on Wednesday, as she entered the "home stretch" of her probation after being convicted for theft last year.

Iran defiant as U.N. nuclear talks fail - 22 Feb 2012 at 3:25pm - VIENNA/TEHRAN (Reuters) - The U.N. nuclear watchdog ended its latest mission to Iran after talks on Tehran's suspected secret atomic weapons research failed, a setback likely to increase the risk of confrontation with the West.

Microsoft files EU complaint over Google, Motorola - 22 Feb 2012 at 3:15pm - BRUSSELS/NEW YORK (Reuters) - Microsoft Corp has asked EU antitrust regulators to intervene in a patent dispute with Google Inc and Motorola Mobility Holdings Inc as it stepped up its battle against Google.

Supreme Court hears military medal lying case - 22 Feb 2012 at 3:15pm - WASHINGTON (Reuters) - Supreme Court justices questioned on Wednesday whether the federal government, in making it a crime to lie about receiving a military medal, could next make it illegal for someone to tell lies about an extramarital affair or a college degree.

Rome expands cruise ship probe as bodies found - 22 Feb 2012 at 3:13pm - FLORENCE, Italy (Reuters) - Italian prosecutors placed four ship's officers and three company executives under investigation Wednesday in connection with the Costa Concordia cruise ship disaster as divers found eight more bodies on the wreck including that of a 5-year-old girl.

Dawson eager to finish business in Hopkins rematch - 22 Feb 2012 at 3:12pm - NEW YORK (Reuters) - Evergreen boxing champion Bernard Hopkins will return to the ring in April for a rematch against Chad "Bad" Dawson, who vowed on Wednesday to finish the job he started in their controversial title fight last year.

Two shot at Walmart center in Virginia - 22 Feb 2012 at 3:12pm - (Reuters) - A gunman shot two people at a Walmart distribution center in central Virginia on Wednesday, a Dinwiddie County Fire Department spokeswoman said.

U.S. judge orders Moroccan held for Capitol plot - 22 Feb 2012 at 3:11pm - ALEXANDRIA, Virginia (Reuters) - A U.S. judge on Wednesday ordered a Moroccan man to be held on charges that he planned a suicide bombing attack against Congress, believing he was working with al Qaeda militants when in fact his contacts were undercover agents.

Adele breaks Whitney Houston's chart record - 22 Feb 2012 at 2:58pm - LOS ANGELES (Reuters) - The late Whitney Houston was unable to oust Adele from the top spot on the Billboard 200 album chart, and the British singer's "21" replaced "The Bodyguard" as the longest running No. 1 album by a woman.

S&P fails to break key level - 22 Feb 2012 at 2:39pm - NEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 stalled near a 10-month-old high after weak data on Europe's business activity raised concerns about a recession.



Analysis: Goldman's top brass gun for cash bonuses - 22 Feb 2012 at 2:36pm - (Reuters) - While Wall Street slashes pay and freezes cash awards, Goldman Sachs Group's top five executives may reap special bonuses of $10.5 million apiece if the firm hits historically easy profit targets over the next two years.



Assad forces try to bomb Homs into submission - 22 Feb 2012 at 2:34pm - AMMAN/BEIRUT (Reuters) - Syrian President Bashar al-Assad's forces rained rockets and bombs down on opposition-held neighborhoods of the city of Homs on Wednesday, reducing buildings to rubble and killing more than 80 people, including two Western journalists.

G20 plots course on reining in "shadow banks" - 22 Feb 2012 at 2:28pm - LONDON (Reuters) - Policymakers from the world's top economies meet this weekend in Mexico City to begin finding common ground to tackle the world's economic challenges, which include reining in a $60 trillion financial sector on the fringe of mainstream banking.

Obama sings the blues with Jagger, B.B King - 22 Feb 2012 at 2:28pm - (Reuters) - Bill Clinton had his saxophone, but President Barack Obama can sing the blues.

Karzai urges calm as six die in Afghan Koran protests - 22 Feb 2012 at 2:28pm - KABUL (Reuters) - Afghan President Hamid Karzai appealed for calm Wednesday after officials said six people were shot dead and dozens wounded in protests over the burning of copies of the Koran, Islam's holy book, at NATO's main base in the country.

Judge to rule if pharmacies must sell "Plan B" pills - 22 Feb 2012 at 2:24pm - TACOMA, Washington (Reuters) - A federal judge was expected to rule on Wednesday on whether Washington state can compel pharmacy owners to carry and sell the emergency contraceptive known as Plan B despite their personal religious objections to the drug.

Romney proposes 28 percent top income tax rate - 22 Feb 2012 at 2:23pm - CHANDLER, Arizona (Reuters) - Republican Mitt Romney, looking for a boost in his presidential campaign, proposed an overhaul of the tax system on Wednesday that he said would cut Americans' tax rates by 20 percent and limit deductions for the wealthy.

Ex-mine official charged in fatal West Virginia blast - 22 Feb 2012 at 2:22pm - CHARLESTON, West Virginia (Reuters) - The former superintendent of the West Virginia coal mine where 29 workers died in a 2010 explosion was charged on Wednesday with felony conspiracy by tipping off employees to safety inspections and concealing dangerous violations, authorities said.

Greece pores over bailout laws amid protests - 22 Feb 2012 at 2:19pm - ATHENS (Reuters) - Trade unionists, communists and pensioners angry at punishing spending cuts in Greece marched through central Athens on Wednesday as lawmakers set to work on legislation needed to secure payment of a second bailout for the debt-laden country.

At Arizona debate, Santorum to get his turn in spotlight - 22 Feb 2012 at 2:15pm - MESA, Arizona (Reuters) - After months on the sidelines, Rick Santorum finally gets his chance at center stage in a debate of Republican presidential candidates on Wednesday, as well as the increased scrutiny that comes with it.

U.S., French journalists killed in Syria - 22 Feb 2012 at 2:03pm - AMMAN/BEIRUT (Reuters) - American correspondent Marie Colvin and French photographer Remi Ochlik were killed in the besieged Syrian city of Homs on Wednesday when rockets fired by government forces hit the house they were staying in, opposition activists and witnesses said.

Strauss-Kahn released after night in French cell - 22 Feb 2012 at 2:00pm - LILLE, France (Reuters) - Former IMF chief Dominique Strauss-Kahn was released from police custody on Wednesday after being questioned for two days in a prostitution case.

EU seeks legal opinion on global copyright - 22 Feb 2012 at 1:48pm - BRUSSELS (Reuters) - The European Union's executive said on Wednesday it would refer a disputed global agreement to tackle online piracy to the bloc's highest court to check whether it complies with EU fundamental rights.

Home resales at 1-1/2 year-high, supply falls - 22 Feb 2012 at 1:36pm - WASHINGTON (Reuters) - U.S. home resales rose to a 1-1/2 year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.

Beaten fan's lawyer says Dodgers should face suit - 22 Feb 2012 at 1:26pm - WILMINGTON, Del (Reuters) - The Los Angeles Dodgers fired 300 security staff before a fan was badly beaten at a game last year and the baseball team and its owner should face a lawsuit over the incident, the fan's attorney said on Wednesday.

Five dead in shooting at spa in Atlanta suburb - 22 Feb 2012 at 1:22pm - (Reuters) - Five people were killed in a shooting at a health spa in an Atlanta suburb on Tuesday in what appeared to be a murder-suicide, police said.

Judge to rule on Mubarak case on June 2 - 22 Feb 2012 at 1:11pm - CAIRO (Reuters) - The verdict in the trial of former Egyptian President Hosni Mubarak, charged with ordering the killing of protesters in the uprising that swept him from power, will be delivered on June 2, the judge said on Wednesday.

Santorum, Romney close but neither tops Obama in new polls - 22 Feb 2012 at 1:04pm - WASHINGTON (Reuters) - Republican U.S. presidential candidates Mitt Romney and Rick Santorum are running neck-and-neck but neither would beat incumbent President Barack Obama, according to several polls released on Wednesday.

Obama calls black museum symbol for all Americans - 22 Feb 2012 at 1:02pm - WASHINGTON (Reuters) - Political and cultural figures joined to break ground for a new museum celebrating black Americans on Wednesday, with President Barack Obama calling it a symbol of Americans' shared history.

U.S. and French journalists killed in Syria - 22 Feb 2012 at 12:53pm - AMMAN/BEIRUT (Reuters) - American correspondent Marie Colvin and French photographer Remi Ochlik were killed in the besieged Syrian city of Homs on Wednesday when rockets fired by government forces hit the house they were staying in, opposition activists and witnesses said.

PGA Tour's playoffs extended for five more years - 22 Feb 2012 at 12:49pm - MARANA, Arizona (Reuters) - The FedExCup playoffs, the PGA Tour's lucrative four-event season finale, have been extended for a further five years, commissioner Tim Finchem said Wednesday.

Argentine commuter train crashes, killing 49 people - 22 Feb 2012 at 12:35pm - BUENOS AIRES (Reuters) - A packed commuter train plowed into the buffers at a Buenos Aires station during Wednesday's morning rush hour, killing 49 people and injuring more than 600 in Argentina's worst rail accident in more than 30 years, officials said.

Short films fill tall order as Oscar nominees - 22 Feb 2012 at 12:31pm - LOS ANGELES (Reuters) - Oscar week kicked off Tuesday night at a celebration of this year's nominees for live action and short films, who are among the least-known of the 2012 Academy Award contenders but no less important to the movie industry.

Peugeot and GM in alliance talks: sources - 22 Feb 2012 at 12:20pm - FRANKFURT/PARIS (Reuters) - General Motors and PSA Peugeot Citroen are discussing a manufacturing alliance designed to stem losses in Europe and reduce production costs elsewhere, sources with knowledge of the matter said.



Fitch downgrades Greece on debt swap plan - 22 Feb 2012 at 12:13pm - ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.

Rise in identity fraud tied to smartphone use - 22 Feb 2012 at 11:51am - (Reuters) - Nearly 12 million Americans were victims of identity theft in 2011, an increase of 13 percent over 2010, according to a report released on Wednesday by the research firm Javelin Strategy & Research.

Policy pace to settle after Draghi's dramatic start - 22 Feb 2012 at 11:24am - FRANKFURT (Reuters) - Two rate cuts, an expected 1 trillion euro stimulus and tentative signs of the euro zone economy stabilising have diminished the chances that the European Central Bank will cut interest rates to a new low.

JPMorgan, Citi, BofA sued for $949 million by Sealink - 22 Feb 2012 at 11:17am - NEW YORK (Reuters) - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and more than a half dozen other major banks are being hit with a new lawsuit over $949 million in residential mortgage-backed securities.