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Lockheed, Austal split U.S. Navy ship deal

WASHINGTON (Reuters) – Lockheed Martin Corp and the U.S. unit of Australia’s Austal Ltd won on Wednesday U.S. Navy contracts potentially worth more than $3.5 billion each to design and…

Obama makes 6 recess appointments

Taking time out from his Hawaiian vacation to assert some executive authority, President Barack Obama on Wednesday used a series of recess appointments to override Republican objections to several nominees.…

Obama move toward center a wise one?

After some message misfires after the midterms, President Obama changed tactics. If the past few weeks have shown anything, it’s that he knows how to rebound. FULL STORY | 2010…

Mayor Bloomberg under fire for handling of blizzard

NEW YORK (Reuters) – New York Mayor Michael Bloomberg, a political independent whose reputation was built on competence, may have been defeated this time by a blizzard. Read the full…

Obama to install deputy attorney general

WASHINGTON (Reuters) – President Barack Obama plans to install James Cole as the deputy attorney general, the No. 2 position at the Justice Department, after Senate Republican objections stalled his…

Richardson to decide on Billy the Kid pardon

The governor of New Mexico has until Friday to decide whether to pardon outlaw Billy the Kid in the killing of a sheriff. Read the full story on CNN…

New Jersey mayor uses Twitter to clear Newark streets

Cory Booker has added social media to his arsenal of snowplows as the active Newark, New Jersey, mayor helps get his city dug out from several feet of snow from…

Are we ready for the Oprah Network?

Are we ready for the Oprah Network?

The Oprah Winfrey Network launching Saturday is wary of promising too much of a good thing — Winfrey herself. In stoking interest in the cable channel, the goal is to…

Movie box office down for year

Movie box office down for year

Domestic box-office revenues for 2010 won’t quite hit last year’s record-setting haul, but they’ll be awfully close. Total movie-ticket sales will reach $10.556 billion, the tracking agency Hollywood.com said Tuesday.…

A rush of deals follows ‘shellacking’

2010 gave way to a major shift in power as Dems saw their control of Congress end in a “shellacking,” fueled by the Tea Party on the right and a…