2/12 Los Angeles Times - Top News

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Los Angeles Times - Top News - Headlines from Los Angeles Times Schwarzenegger, legislative leaders settle on budget framework February 11, 2009 at 5:42 pm Participants in the negotiations say the spending proposal, aimed at closing a $42-billion budget gap, would lower investment in schools and other programs while imposing temporary tax increases. Gov. Arnold Schwarzenegger and legislative leaders have settled on the framework of a bipartisan spending plan that would scale back the state's investment in schools, higher education, public transportation and other programs in addition to imposing some temporary tax increases. Stocks end higher on agreement on stimulus bill February 11, 2009 at 5:09 pm NEW YORK -- Investors shuttled between optimism and pessimism today, finally betting that the government might help the economy out of recession after all. House and Senate negotiators reach deal on stimulus bill February 11, 2009 at 4:02 pm The plan is budgeted at $789 billion, which is smaller than original bills passed by each chamber. It could be sent to President Obama for his signature by the end of the week. House and Senate negotiators have struck a deal on a final version of a sweeping economic recovery package. It appears the bill could be sent to the president for his signature by the end of the week. Will Beckham stay or go? MLS sets deadline for answer February 11, 2009 at 2:10 pm Don Garber, the league's commissioner, tells the Galaxy and AC Milan they have until Friday to resolve the issues with the star player's status. Major League Soccer Commissioner Don Garber today said he wanted David Beckham's future resolved by Friday or he would not approve any transfer between the Los Angeles Galaxy and AC Milan. Indonesia issues tsunami warning after quake February 11, 2009 at 1:44 pm Indonesia issued a tsunami warning after a powerful quake struck waters off its eastern coast early Thursday, a local agency said. It was not immediately clear if the temblor caused any injures or damage. Peanut Co. owner refuses to testify to Congress February 11, 2009 at 1:14 pm The owner of a peanut company refused to testify to Congress today amid the disclosure that he urged his workers to ship bacteria-tainted products, pleading with employees to at least "turn the raw peanuts on the floor into money." Obama says 'time to talk is past' on stimulus bill February 11, 2009 at 12:40 pm At a construction site in Virginia, the president urges Congress to send a plan to him for his signature. Obama also says he expects to be 'judged' by the success of the stimulus package. President Barack Obama, standing "at the doorstep" of securing an expected $800-billion-plus economic stimulus from Congress, said today that the fate of the nation's staggering economy hangs on jobs that can be created with the plan. Tornado kills 8 in southern Oklahoma town February 11, 2009 at 12:13 pm Emergency crews today searched for more victims amid the wreckage of homes and businesses smashed by a cluster of tornadoes that killed at least eight people. Synchronized suicide attacks in Kabul kill at least 19 February 11, 2009 at 7:49 am The attacks came on the eve of the scheduled arrival of Richard Holbrooke, the Obama administration's new envoy to the region. Gunmen and suicide bombers staged synchronized attacks on two government buildings in the heart of the capital today, leaving at least 19 people dead and scores of others injured, Afghan officials said. Bankers vow to work for financial system reform February 11, 2009 at 3:53 am WASHINGTON -- Facing a disgusted public and Congress, bank CEOs agreed with demands for greater accountability Wednesday in the first testimony on how they're spending money from the taxpayer-funded $700 billion bailout. Advance reported on identifying aggressive prostate tumors February 11, 2009 at 3:37 am Higher levels of the chemical sarcosine indicate tumors are growing aggressively, researchers say. The finding could improve treatment and lead to new ways of preventing the spread of the tumors. It may soon be possible to distinguish aggressive prostate tumors requiring immediate treatment from those that grow slowly and can be safely ignored, a problem that has vexed oncologists and patients for decades. GOP gubernatorial candidate Whitman outlines stands February 11, 2009 at 3:00 am The former chief executive of Ebay displays a sharply conservative approach to the state's financial crisis. A day after launching her campaign for governor, former EBay Chief Executive Meg Whitman on Tuesday unveiled a sharply conservative approach to California's fiscal crisis and offered a fusillade of positions on other issues that are likely to complicate her run for office in 2010. Deal on stimulus bills mired in details February 11, 2009 at 3:00 am The Senate approves its version of the economic stimulus package, but reconciling it with the smaller House bill will be no easy task. Obama stumps for his plan in Florida. With the Senate's approval Tuesday of a massive, $838-billion economic stimulus package, congressional negotiators launched into a high-risk race to come up with a compromise bill that could be delivered to the White House by the end of the week. Stocks tumble after Geithner unveils financial plan February 11, 2009 at 3:00 am The Dow falls about 400 points and other major indexes slump after the Treasury secretary's announcement. Market watchers cite a lack of specifics in his speech. A revamped financial rescue plan unveiled Tuesday by the Obama administration landed with a thud on Wall Street, sending the Dow Jones industrial average down almost 400 points to its lowest level since November. Lockheed lobbies for F-22 production on job grounds February 11, 2009 at 3:00 am The firm tells Washington that continuing the fighter-jet program would save about 100,000 jobs in the U.S., including in California. Lockheed Martin Corp. is lobbying the Obama administration to buy additional F-22 fighter jets by arguing that continued production of the plane would preserve nearly 100,000 jobs across the country, including 19,500 in California. In Australia, Victoria state premier stands by 'stay and defend' policy February 11, 2009 at 3:00 am Despite a death toll from bush fires nearing 200, Victoria Premier John Brumby says a blanket evacuation for a million people is impractical. Despite a rising death toll from wildfires, the premier of the southern Australian province ravaged by the blazes defended the policy of allowing homeowners to stay and protect their homes. China's January exports plunge 17.5% February 11, 2009 at 3:00 am Fallout from global financial crisis deepens concerns of rising unemployment China said today that its exports in January took a dramatic turn for the worse, falling 17.5% in value from a year ago, as shipments of electronics, cell phones, steel products and other goods made or assembled in China plunged. Obama's financial plan light on details February 11, 2009 at 3:00 am The president's economic team faces a daunting search for a strategy that minimizes risk and doesn't require congressional action. In unveiling President Obama's long-promised strategy for reviving the nation's moribund financial system, Treasury Secretary Timothy F. Geithner on Tuesday offered few details on such crucial issues as helping homeowners avoid foreclosure or clearing away the toxic securities at the heart of the banking crisis. Anthem Blue Cross agrees to take back clients, pay $1-million fine February 11, 2009 at 3:00 am As part of a deal with California regulators, the state's largest health insurer will offer new coverage to 2,330 people it dropped after they submitted bills for expensive medical care. Anthem Blue Cross, the state's largest for-profit health insurer, has agreed to pay a $1-million fine and offer new coverage -- no questions asked -- to 2,330 people it dropped after they submitted bills for expensive medical care. Octuplets could be costly for taxpayers February 11, 2009 at 3:00 am As a single parent with no income, Nadya Suleman could receive thousands of dollars a month in government assistance. And the Medi-Cal bill for her newborns is mounting. Nadya Suleman has 14 children, including newborn octuplets. She has no job, no income and owes $50,000 in student loans. Peanut-borne salmonella is subject of outrage in Congress February 11, 2009 at 3:00 am Relatives of victims of the outbreak that has killed nine call for better safeguards. Officials of Peanut Corp. of America take the 5th when asked why tainted products were released. The family members of people killed or sickened in the recent salmonella outbreak expressed their outrage to a congressional committee today, asking how Peanut Corp. of America could knowingly sell products contaminated with deadly bacteria.   This email was sent to autoblogs077@gmail.com . Don't want to receive this feed any longer? Unsubscribe here.