Obama Signs 'Fiscal Cliff' Bill With Autopen

Jan 3, 2013 12:53am Charles Dharapak/AP PhotoHONOLULU, Hawaii — President Obama has signed the “fiscal cliff” legislation into law via autopen from Hawaii, where he is vacationing with his family.The bill to avert the “fiscal cliff” arrived at the White House late this afternoon and it was immediately processed, according to a senior White House official. A copy was...

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Tennis: Davis Cup row brews in India

CHENNAI, India: Indian tennis was hit by controversy on Wednesday over reports that top players may boycott next month's Davis Cup tie against South Korea if a slew of demands were not met.The group of players, headed by Somdev Devvarman, want a better distribution of the Davis Cup prize money, a change in the support staff and involvement in the choice of venues for ties.The All-India...

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Cold wave hits normal life in Punjab, Haryana

CHANDIGARH: Normal life was thrown out of gear as intense cold conditions prevailed in most parts of Punjab and Haryana with mercury dropping by up to three notches below normal in the two states. Due to dense fog and mist which resulted in low visibility, rail, road and air traffic remained disrupted as many trains and flights were either rescheduled or cancelled for various destinations. People...

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Space Pictures This Week: Ice “Broccoli,” Solar Storm

Happy TrailsPhotograph by Alex Cherney, TWANAmateur astronomer Alex Cherney captured these star trails as they blazed above Lake Tyrrell, a salt lake in Victoria, Australia in...

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Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight

Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight."This is one step in the broader effort to strengthen our economy for everybody," Obama said.Obama...

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Senate approves deal to avoid worst of ‘fiscal cliff’

The Senate approved a bipartisan agreement early Tuesday morning to let income taxes rise sharply for the first time in two decades, fulfilling President Obama’s promise to raise taxes on the rich and avoiding the worst effects of the “fiscal cliff.” The agreement, brokered by Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.), passed 89 to 8 in a highly unusual New Year’s...

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Japan's Sharp considering US$1.15b public offering: report

TOKYO: Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday.The public offering could take place in the spring with the firm hoping to use the funds to strengthen its mainstay liquid crystal display (LCD) business and improve its creditworthiness, the Yomiuri Shimbun...

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Indian Air Force to airlift 370 stranded passengers between Jammu, Leh

JAMMU: Indian Air Force will today airlift 370 passengers stranded between winter capital city Jammu and Leh belt of Ladakh region, officials said. "IAF would be airlifting 370 stranded people between Jammu and Leh today," PRO, ministry of defence, S N Acharya told PTI. IL-76 would ferry 120 people, mostly belonging to Kargil district of Ladakh region, from Jammu to Leh and 250 people from Leh...

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Space Pictures This Week: Ice “Broccoli,” Solar Storm

Happy TrailsPhotograph by Alex Cherney, TWANAmateur astronomer Alex Cherney captured these star trails as they blazed above Lake Tyrrell, a salt lake in Victoria, Australia in...

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Senate Approves 'Fiscal Cliff' Deal, Sends to House

Hours past a self-imposed deadline for action, the Senate passed legislation early New Year's Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8.Senate passage set the stage for a final showdown in the House, where a vote was expected later Tuesday or perhaps Wednesday...

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