Thursday, January 17, 2013

The Morning Report -- Thursday January 17, 2013

Obama Promises -- Boeing 787's Grounded -- Home Repossessions in 2012 -- Canada Union Protests Keystone XL -- 3D Printing High Capacity Magazines -- USA May Lose Top Credit Rating -- Deficient Levees -- American Idol Returns


OBAMA LOWERS EXPECTATIONS; CURBS AMBITION

WASHINGTON (AP) - Despite a relentless workload ahead, President Barack Obama is lighter on his feet in one sense as he opens his second term. Gone are the hundreds of promises of the past. He's toting carry-ons instead of heavy cargo this time. Obama's first presidential campaign and the years that followed were distinguished by an overflowing ambition, converted into a checklist of things he swore to do. The list was striking not only for its length but its breadth, ranging from tidbits in forgotten corners of public policy to grand - even grandiose - pronouncements worthy of Moses. http://apne.ws/11AXKSc

BOEING 787 GROUNDED DUE TO LITHIUM BATTERIES

WASHINGTON (AP) - Lithium batteries that can leak corrosive fluid and start fires are emerging as the chief safety concern involving Boeing's 787 Dreamliner. The problem is more serious than government or company officials acknowledged less than a week ago. http://apne.ws/11AXKSc

FEWER US HOMES WERE REPOSSESSED IN 2012

LOS ANGELES (AP) - Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to sell their homes for less than what they owed on their mortgage. All told, banks repossessed 671,251 homes last year, down nearly 17 percent from 804,423 the year before, according to data released Thursday by foreclosure listing firm RealtyTrac Inc. http://apne.ws/WKaDlk

CANADA'S LARGEST ENERGY UNION OPPOSES KEYSTONE XL

OTTAWAJan. 16, 2013 /PRNewswire/ - The National President of the Communications, Energy and Paperworkers Union of Canada (CEP) Dave Coles will be in New York City to oppose the proposed Keystone XL pipeline and call on US President Barack Obama to reject the project. President Coles will be part of a panel discussion on the role of trade unions in confronting the climate crisis organized by the Worker Institute at Cornell and the Joseph S. Murphy Institute at CUNY. http://bit.ly/WKaTks

3D PRINTING PRODUCES FUNCTIONAL HIGH CAPACITY MAGAZINE




FITCH SAYS US MAY LOSE CREDIT RATING

LONDON (AP) — The United States could lose its top credit rating for the second time from a leading credit agency if there's a delay in raising the country's debt ceiling, Fitch Ratings warned Tuesday. http://usat.ly/S6S6TL

DEFICIENT LEVEES FOUND ACROSS AMERICA

NEW ORLEANS (AP) -- Inspectors taking the first-ever inventory of flood control systems overseen by the federal government have found hundreds of structures at risk of failing and endangering people and property in 37 states.

AMERICAN IDOL RETURNS WITH SNIPING AND SINGING

LOS ANGELES (AP) - There was no hair-pulling between Mariah Carey and Nicki Minaj on the season debut of "American Idol," although some viewers may have been reduced to it. The pop divas exchanged insults worthy of middle schoolers, fellow freshman judge Keith Urban looked trapped between them, and there was a whiff of make-believe Wednesday about the show's touted feud. http://apne.ws/XGmB26

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