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Pending home sales unexpectedly rise in February

Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said on Monday, pointing to a modest pick-up in home sales.The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in February, increased 2.1 percent to 90.8.Economists had expected the index, which leads existing home sales…
 

Exploded Star's 'Stripes' Hold Clue to Cosmic Mystery

stripes" in the remains of an exploded star may help astronomers learn how some of the highest-energy particles in our galaxy reach their incredible speeds, a new study suggests.NASA'sspacecraft detected a suprisingly regular pattern of X-rays in a well-known supernova remnant called Tycho. The new observations provide the first direct evidence that a cosmic event…
 

Jay-Z, Beyonce, Will Smith have pre-Grammy brunch

LOS ANGELES – Jay-Z laughed it up with Will Smith; Beyonce stood close to sister Solange in a DJ booth; and Charlize Theron made a late entrance.It was an ultra-exclusive affair on Saturday as Jay-Z's RocNation and Gucci threw a pre-Grammy brunch for guests including Rihanna, Adrian Brody and Ryan Phillippe at the Soho House…
 

House Republicans deepen spending cuts

WASHINGTON (Reuters) – Republicans in the House of Representatives Thursday agreed to deepen proposed federal spending cuts, resolving a split within their party that threatened their ability to unite behind a top campaign promise.House Appropriations Committee Chairman Hal Rogers said in a statement he would cut nearly $58 billion from current spending levels, as Tea…
 

Pirates hijack U.S.-bound oil tanker off Oman

LONDON/ATHENS (Reuters) – Suspected Somali pirates captured a U.S.-bound tanker carrying around $200 million worth of crude oil in the Indian Ocean on Wednesday in one of the biggest hijackings in the area so far.The Irene SL, the length of three soccer pitches and with 25 crew members on board, was carrying about 2 million…
 

Ron Reagan: Palin has nothing in common with dad

LOS ANGELES – Sarah Palin is honoring one Reagan and offending another with the same speech. The former Alaska governor is scheduled to speak in Santa Barbara, Calif., on Friday at a tribute to former President Ronald Reagan — just one of the celebrations marking the centennial of the 40th president's birth on Feb. 6.But…
 

Can Russia rival the X-37B space plane with its own robotic spacecraft?

Moscow – Russia's reviving space industry might be working on its own version of the US Air Force's reusable unmanned space plane. After all, Russian space experts seemed surprised, a little alarmed, and possibly in awe of the American X-37B when it was successfully flight-tested from Cape Canaveral Air Force Station on April 22.The head…
 

Murray beats Ferrer, into Australian Open final

MELBOURNE, Australia – Andy Murray will get another chance to end a near 75-year winless streak for British men in Grand Slam singles tournaments after beating Spain's David Ferrer 4-6, 7-6 (2), 6-1, 7-6 (2) Friday to reach the Australian Open final.The semifinal win put Murray into Sunday's final against Novak Djokovic of Serbia, the…
 

K.H. Moon Rejoins the Drucker Institute Board of Advisors

The Drucker Institute announced that K.H. Moon, the president of the New Paradigm Institute of Korea, has re-joined its Board of Advisors.Claremont, CA (PRWEB) January 25, 2011 — The Drucker Institute announced that K.H. Moon, the president of the New Paradigm Institute of Korea, has re-joined its Board of Advisors.“We are delighted to have Mr.…
 

Snow, shovel, repeat: East Coast digs out again

NEW YORK – Enough already.People across the Northeast wearily shoveled their sidewalks and dug out their cars — again — after getting clobbered by the latest in a seemingly never-ending string of snowstorms, this one an overachieving mess that packed more punch than anyone expected."I've lived in New York 70 years, and this year is…
 

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