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Obama seeks corporate tax rate cut, loophole limit (AP)

President Barack Obama, accompanied by Vice President Joe Biden, talks about the importance of the payroll-tax cut and jobless-benefits extension compromise that bi-partisan House and Senate conferees reached last week, Tuesday, Feb. 21, 2012, in the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/J. Scott Applewhite)AP - President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama's imprint on one of the most high-profile issues of the presidential campaign.


Treasury says Europe needs solid debt firewall (Reuters)

Reuters - It is "critical" that Europe put up a convincing firewall against the risk of financial contagion from its debt crisis before more aid from the International Monetary Fund is discussed, a top Treasury Department official said on Wednesday.

Newark mayor: NYPD Muslim files 'deeply offensive' (AP)

Imam Abdul A. Muhammad of the Masjid Imam K. Ali Muslim mosque in Newark, N.J., speaks in his clothing and accessories store, regarding surveillance of the Muslim community by the New York Police Department, Wednesday, Feb. 15, 2012. Americans in New Jersey’s largest city were subjected to surveillance as part of the New York Police Department’s effort to build databases of where Muslims work, shop and pray. The operation in Newark was so secretive, even the city’s mayor says he was kept in the dark. For months in mid-2007, plainclothes NYPD officers snapped pictures of mosques and eavesdropped in Muslim neighborhoods. The result was a 60-page report, obtained by The Associated Press. It cited no evidence of crimes. It was just a guide to Newark’s Muslims.  (AP Photo/Charles Dharapak)AP - The mayor and police director of New Jersey's largest city said Wednesday the New York Police Department misled their city and never told them it was conducting a widespread spying operation on Newark's Muslim neighborhoods. Had they known, they said, they never would have allowed it.


Santorum mocks Romney ahead of Arizona GOP debate (AP)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during a campaign rally at the El-Zaribah Shrine Auditorium, Tuesday, Feb. 21, 2012, in Phoenix, Arizona.  (AP Photo/Eric Gay)AP - Rick Santorum acknowledged Wednesday that he's probably running behind Mitt Romney in Arizona, but he implored a tea party crowd not to settle for "a Johnny-come-lately to the conservative cause."


Immigration chief seeks to reassure Silicon Valley (AP)

AP - The Obama administration's top immigration official says he wants to keep more foreign-born high-tech entrepreneurs in the U.S. But to make that happen, he said he needs those entrepreneurs to turn their creativity to immigration itself.

Poll: Obama benefitting from improving economy (AP)

AP - President Barack Obama is reaping political benefits from the country's brighter economic mood. A new poll shows that Republicans and Democrats alike are increasingly saying the nation is heading in the right direction and most independents now approve the way he's addressing the nation's post-recession period.

HP says 1Q earnings down 44 pct, beats Street (AP)

Former Hewlett Packard CEO Carly Fiorina, a board member of the American Conservative Union and vice chair of the National Republican Senatorial Committee, addresses the American Conservative Union's annual Conservative Political Action Conference (CPAC) in Washington, February 10, 2012.    REUTERS/Jim Bourg (UNITED STATES - Tags: POLITICS BUSINESS)AP - Hewlett-Packard Co., the maker of PCs and printers, on Wednesday said its net income fell, while sales dipped 7 percent in the first full quarter under new CEO Meg Whitman.


Summary Box: Home sales up 4.3 pct. in January (AP)

AP - SALES UP: Sales of previously occupied homes rose in January to a seasonally adjusted annual rate of 4.57 million, the National Association of Realtors said Wednesday. That's the highest level since May 2010.

Common prenatal tests become campaign issue (AP)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks at the Maricopa County Lincoln Day Luncheon, Tuesday, Feb. 21, 2012, in Phoenix.  (AP Photo/Eric Gay)AP - First birth control, now prenatal testing? Once again a fact of life for many American women has become a jarring issue in the presidential race.


Oil prices rise on continued concern about Iran (AP)

FILE - In this Wednesday, Feb. 15, 2012 file citizen journalism image provided by the Local Coordination Committees in Syria, anti-Syrian regime activist Khaled Abu-Salah stands in front of flames and black smoke from a bombed oil pipeline, in Baba Amr neighborhood in Homs province, central Syria. Syrian troops intensively shelled rebel-held neighborhoods in the restive central city of Homs, on Friday and killed at least five people, activists said. Britain and France urged the opposition to unite and said it needs more international support to resist the deadly government crackdown. (AP Photo/Local Coordination Committees in Syria, File) THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTOAP - Oil prices rose Wednesday on the expectation that world supplies could be squeezed further because of ongoing tensions with Iran.


States may tap mortgage money to fill budget gaps (AP)

AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.

McCain urges Libyan militias to join national army (AP)

U.S. Senator John McCain, R-Ariz, the top Republican on the Senate Armed Services Committee, talks at the American Chamber of Commerce in Cairo, Egypt, Monday, Feb. 20, 2012. MacCain is scheduled to meet with Egypt's military leader, who took over after Mubarak was ousted last year. (AP Photo/Amr Nabil)AP - Sen. John McCain urged Libya's militias on Wednesday to integrate themselves into the country's new national army and called for the reported abuse of prisoners held by the ex-rebels to stop.


Burned before, Fed officials cautious on rebound (Reuters)

Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.

Banks sink on European economic worry (Reuters)

Traders work on the floor of the New York Stock Exchange February 21, 2012. REUTERS/Brendan McDermidReuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.


Obama seeks corporate tax rate cut, loophole limit (AP)

President Barack Obama, accompanied by Vice President Joe Biden, talks about the importance of the payroll-tax cut and jobless-benefits extension compromise that bi-partisan House and Senate conferees reached last week, Tuesday, Feb. 21, 2012, in the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/J. Scott Applewhite)AP - President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election year, the plan nevertheless stamps Obama's imprint on one of the most high-profile issues of the presidential campaign.


Poll: Obama benefitting from improving economy (AP)

AP - President Barack Obama is reaping political benefits from the country's brighter economic mood. A new poll shows that Republicans and Democrats alike are increasingly saying the nation is heading in the right direction and most independents now approve the way he's addressing the nation's post-recession period.

Atlanta spa shooting stemmed from domestic dispute: police (Reuters)

Reuters - Police investigating a shooting rampage at a suburban Atlanta health club have identified the four victims as relatives of the gunman, who fatally shot himself after opening fire on his two sisters and their husbands.

Authorities tracing phone of mountain man's family (AP)

FILE - This undated file photo provided by the Iron County Sheriff's Office in January, shows a man who authorities on Tuesday, Feb. 21, 2012 identified as Troy James Knapp, walking past a cabin in the remote southern Utah wildness near Zion National Park. Authorities say Knapp, captured by a motion-triggered surveillance camera sometime in December, has been linked to more than two dozen cabin burglaries over the past five years. (AP Photo/Iron County Sheriff, File)AP - Authorities are using a court order to determine if a serial cabin burglar in the southern Utah wilderness is using a cell phone to call his family.


High court torn over law banning lies about medals (AP)

AP - Free speech cases before the Supreme Court often lead justices to consider far-fetched scenarios, and Wednesday's argument over a law making it a crime to lie about having received top military honors was no exception.

Jurors weigh murder case of ex-Va. lacrosse player (AP)

FILE - In this Feb. 17, 2012 file photo, George Huguely V, right, is escorted by a sheriff's deputy as he arrives for his trial at the Charlottesville Circuit courthouse  in Charlottesville, Va. Jurors are set to begin deliberations Wednesday, Feb. 22, 2012 in the trial of Huguely, the former University of Virginia lacrosse player who is charged with slaying his ex-girlfriend in a drunken rage. (AP Photo/Steve Helber, File)AP - Jurors in the murder trial of a former University of Virginia lacrosse player deliberated for hours Wednesday whether he battered his ex-girlfriend to death in a drunken, jealous rage or if his intent to talk with her spiraled out of control, leaving her bleeding and dying in her bedroom.


Possible love triangle eyed in CA murder-suicide (AP)

AP - Police on Wednesday investigated the possibility that a love triangle might have motivated a 73-year-old gunman to fatally shoot the 62-year-old treasurer of a remote-controlled airplane club outside a building where the group was meeting.

Police: Ga. victims related in Korean spa shooting (AP)

AP - The gunman who fatally shot two of his sisters and their husbands inside a Korean spa in an Atlanta suburb had been asked to leave and came back hours later, authorities said on Wednesday.

Home resales at 1-1/2 year-high, supply falls (Reuters)

A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)Reuters - 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.


Argentine train slams into station, killing 49 (AP)

AP - A train packed with morning commuters slammed into a downtown station on Wednesday, killing 49 people and injuring hundreds as passenger cars crumpled and windows exploded around them. It was Argentina's worst train accident in decades.

Pro-Obama group runs anti-Romney ads in Michigan (AP)

AP - An independent group supporting President Barack Obama's re-election bid is running ads in Michigan chiding Republican candidate Mitt Romney for opposing the $80 billion auto industry bailout.

Maher: Don’t judge all pols by Newt, the ‘biggest fattest turd from the ’90s’ (Daily Caller)

Daily Caller - On Tuesday night’s “The Late Late Show with Craig Ferguson,” HBO “Real Time” host Bill Maher explained how the GOP field has whittled itself down from nine candidates to four, and offered some choice words for former House Speaker Newt Gingrich.

Lithuanian archive releases KGB collaborator names (AP)

AP - Lithuania's government has released the names of 238 citizens who were reservists for the KGB when their country was ruled by the Soviet Union, and said Wednesday it plans to identify scores of people who have refused to disclose their relations with the security agency.

Chavez surgery rocks Venezuela ahead of election (Reuters)

An indigenous man take part in a demonstration to support Venezuelan President Hugo Chavez in Caracas February 22, 2012. 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.   REUTERS/Jorge Silva (VENEZUELA - Tags: POLITICS ELECTIONS HEALTH)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.


Police: 2 Ga. children reported missing found safe (AP)

AP - Authorities say they are searching for a man they believe kidnapped two young children after offering help to their mother after the family car broke down along an Atlanta-area interstate.

'Game Change' -- Anatomy of a Smear of Sarah Palin (ContributorNetwork)

ContributorNetwork - COMMENTARY | Thanks to some remarkable reporting from Big Hollywood, it has become increasingly clear the upcoming HBO movie "Game Change" is less a political melodrama than an all-out attempt to destroy the person and reputation of Sarah Palin.

‘The Sceam’ could sell for $80 million at auction (Daily Caller)

Daily Caller - The painting that launched the classic “Home Alone” moment is going on the auctioneer block — and could go for as much as $80 million.

Man's childhood comic collection fetches $3.5M (AP)

This Feb. 13, 2012 handout photo provided by Heritage Auction shows the CGC-Certified 3.0 copy of Action Comics #1 from the Billy Wright Collection at Heritage Auctions in Dallas,Texas. On Wednesday, the collection is expected to bring more than $2 million when Heritage Auctions offers the comics at auction in New York City. (AP Photo/Courtesy of Heritage Auctions)AP - The bulk of a man's childhood comic book collection that included many of the most prized issues ever published has sold for about $3.5 million.


W.Va. mine boss charged with fraud in deadly blast (AP)

AP - Federal prosecutors investigating the West Virginia coal mine explosion that killed 29 men are working their way up the corporate ladder with criminal charges.

Newark mayor: NYPD misled us on Muslim spying (AP)

Mohammed el-Sioufi, an accountant and vice president of the Islamic Culture Center, a mosque in Newark, is interviewed by the Associated Press about the New York Police Department's surveillance of the Muslim community in Newark, N.J., Wednesday, Feb. 15, 2012. Americans in New Jersey’s largest city were subjected to surveillance as part of the New York Police Department’s effort to build databases of where Muslims work, shop and pray. The operation in Newark was so secretive, even the city’s mayor says he was kept in the dark. For months in mid-2007, plainclothes NYPD officers snapped pictures of mosques and eavesdropped in Muslim neighborhoods. The result was a 60-page report, obtained by The Associated Press. It cited no evidence of crimes. It was just a guide to Newark’s Muslims. AP Photo/Charles Dharapak)AP - The mayor and police director of New Jersey's largest city said Wednesday the New York Police Department misled their city and never told them it was conducting a widespread spying operation on Newark's Muslim neighborhoods. Had they known, they said, they never would have allowed it.


Witness: Explosions rock northern Nigeria city (AP)

Former Nigerian President Olusegun Obasanjo, center, arrives at the airport in Dakar, Senegal Tuesday, Feb. 21, 2012. Obasanjo arrived in Senegal on Tuesday to try to mediate a solution to the country's political impasse, less than a week before a contentious presidential election takes place. In the hour before his arrival, police once again fired tear gas to disperse demonstrators as they took to the streets and set fire to tires in a show of anger over the candidacy of the country's 85-year-old leader Abdoulaye Wade.(AP Photo/Tanya Bindra)AP - Multiple explosions rocked a highway checkpoint in Nigeria's second-largest city, witnesses said Wednesday, just over a month after a radical Islamist sect claimed an attack there that left at least 185 people dead.


Judge: Wash. can't make pharmacies sell Plan B (AP)

AP - Washington state may not force pharmacies to sell Plan B or other emergency contraceptives, a federal judge ruled Wednesday, saying the state's true goal is to suppress religious objections by druggists — not to promote timely access to the medicines for people who need them.

Suspect in Capitol bomb sting waives court hearing (AP)

AP - A Virginia man charged with plotting a suicide bombing inside the U.S. Capitol waived his rights Wednesday to preliminary and detention hearings.

Iran defiant as U.N. nuclear talks fail (Reuters)

Herman Nackaerts (R), head of a delegation of the International Atomic Energy Agency (IAEA), arrives from Iran next to delegates Raphael Grossi (L) and Laura Rockwook at the airport in Vienna February 22, 2012. The U.N. nuclear watchdog said on Wednesday it had failed to secure an agreement with Iran during talks over disputed atomic activities and that the Islamic Republic had rejected a request to visit a military site. The team from the IAEA had hoped to inspect a site at Parchin, southeast of the capital Tehran, where the agency believes there is a containment chamber to test explosives, suggesting possible weapon development. Iran has denied the charge that it is developing nuclear weapons. REUTERS/Herwig PrammerReuters - 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.


Supreme Court hears military medal lying case (Reuters)

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.

Grasping at Straws: The Syrian Opposition Appeals to Russia (Time.com)

Time.com - In the face of continuing bloodshed in their homeland, one anti-Assad group courts the regime's allies in the Syrian business community and Moscow. Is it all in vain?
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