Originally published on Mon October 24, 2011 12:43 pm
A "dazed ... thin and pale" Gilad Shalit is home in Israel today after more than five years as a prisoner of Hamas, while Palestinians are joyously celebrating in Ramallah as Israeli authorities begin releasing some of the hundreds of prisoners who are being set free in exchange for the Israeli soldier's release.
The Occupy Wall Street movement has been criticized for lacking focus — but its main slogan seems to be resonating. That slogan, "We are the 99 percent," highlights the issue of income disparity. It's something economist Jeffrey Sachs has been tracking for a long time.
The top 1 percent of U.S. households now take about a quarter of all income, according to Sachs. And wages for the average American male peaked in 1973, he says.
Mark your calendars: The world is ending on Oct. 21.
This announcement comes from Harold Camping, the doomsday prophet who said Judgment Day would come on May 21, 2011. On that day, a rolling earthquake was supposed to devastate the world. True believers would join Jesus in heaven. Unbelievers would be tormented for the next five months.
So, when May 21 came and nothing happened, Camping had some explaining to do. Two days later, Camping, the head of Family Radio Network, announced he had been right about the date of God's wrath — just not the method.
Members of the United Auto Workers finish voting Tuesday on a new contract with automaker Ford that would mean nearly 6,000 new jobs in U.S. Ford and the UAW both say it's a good deal for the company and its union employees, but many workers remain unconvinced
In its 87 years, Ford's Chicago assembly plant, which is on the city's South Side, has made an array of Fords from to the Model A to the Model T to the latest Ford Taurus.
Orlando Mendoza, who has worked at Ford for 19 years, says he opposes the proposed contract.
President Obama is drawing sharp contrasts between his jobs plan and the ideas put forward by Republicans in Congress as he continues his bus tour through North Carolina and Virginia. That may not bring his jobs plan any closer to passing, but it does help frame the argument for the 2012 election.
Obama is urging Congress to pass his jobs bill piece by piece if necessary. And the piece he was highlighting Monday night in an overheated high school gym in Millers Creek, N.C., would use federal tax dollars to help local governments keep teachers and other employees on the payroll.
Texas-based energy company Kinder Morgan plans to buy El Paso Corp. in a $20.7 billion deal that's expected to create America's largest natural gas pipeline operator.
The deal would more than double the size of Kinder Morgan's existing pipeline network to 80,000 miles. The company's pipelines in Texas, the Midwest and the Rocky Mountains will be joined to El Paso's vast network which stretches from the Gulf Coast east to New England and west to California.
In the race for the Republican presidential nomination, Herman Cain has seen his popularity spike over the past couple of weeks. It was confirmed Monday, with a new CNN poll, showing him essentially tied with Mitt Romney at the front of the pack. Cain credits his success to three numbers: 9-9-9.
The latest batch of campaign finance reports adds a little clarity to the presidential race. For starters, President Obama's campaign reported a hefty $61 million on hand as of Sept. 30. But in the Republican primary race, things are in flux.
Five states — Iowa, New Hampshire, Nevada, South Carolina and Florida — are trying to squeeze their contests into January. They all hope to boost their influence on the outcome.
Liberian President Ellen Johnson Sirleaf, fresh from winning the Nobel Peace Prize, was hoping for an outright re-election victory last week.
But Africa's first democratically elected female leader is facing a runoff election next month. She says she is confident Liberians will vote for her in big numbers, but the first-round voting last Tuesday shows she is facing stiff competition after six years in power.