Tuesday, December 15, 2009

8am Headlines


A homicide car bomber struck a heavily guarded neighborhood Tuesday near the home of a former Afghan vice president and a hotel favored by Westerners, killing at least eight people and wounding dozens


UPPER TOWNSHIP Township Committee on Monday reluctantly rescinded a law limiting where convicted sex offenders can live following a state Supreme Court decision earlier this year that affected more than 100 municipalities.
The state Supreme Court ruled in May that municipalities cannot regulate where sex offenders can live. The decision originated in a Galloway Township case in which a Richard Stockton College of New Jersey student - a low-risk sex offender - challenged the local law.


Wells Fargo plans to sell $10.4 billion in new stock to help repay all $25 billion in bailout aid it received from the government at the height of the market meltdown last fall.
The announcement from the San Francisco-based bank comes hours after Citigroup said it would repay $20 billion worth of taxpayer funds.

The chief negotiator for the U.S. at the climate summit in Copenhagen says leaders have made some progress, but that it is not enough and time is running out to come up with deal that all countries can agree on. 
The U.S. is considered the bogeyman at the climate convention of about 120 leaders, because like China, the U.S. will not agree to binding commitments. 
Although Obama has agreed to cut CO2 emissions by four percent over 1990 level, China has only agreed to cut its rate of increase. 

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