2012 YEAR IN REVIEW

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  • French jets strike in Iraq, expanding U.S.-led campaign against Islamic State
    French jets strike in Iraq, expanding U.S.-led campaign against Islamic State

    By Oliver Holmes and Alexandria Sage BAGHDAD/PARIS (Reuters) - French jets struck a suspected Islamic State target in Iraq for the first time on Friday, expanding a U.S.-led military campaign against militants who have seized a third of the country and also control large parts of neighboring Syria. President Francois Hollande said Rafale jets hit "a logistics depot of the terrorists" near the city of Mosul, which has been held by Islamic State for more than three months. It promised more operations in coming days. The French military action, which follows U.S. ...

  • France strikes Islamic State group depot in Iraq
    France strikes Islamic State group depot in Iraq

    PARIS (AP) — Joining U.S. forces acting in Iraqi skies, French fighter jets struck Friday against the militant Islamic State group, destroying a logistics depot, Iraqi and French officials said.

  • Burke fires consultant over jobs plan copying
    Burke fires consultant over jobs plan copying

    MADISON, Wis. (AP) — Democratic candidate for Wisconsin governor Mary Burke said Friday she cut ties with a consultant she blames for copying several sections of her jobs plan from platforms of other Democrats.

  • Market needs a 10-20% correction now: Lamensdorf
    Market needs a 10-20% correction now: Lamensdorf

    Brad Lamensdorf on why the market needs to correct now, or face a 'horrible' 2015

  • Kansas Democrat ordered removed from U.S. Senate ballot
    Kansas Democrat ordered removed from U.S. Senate ballot

    By Kevin Murphy KANSAS CITY Kan. (Reuters) - Kansas election officials must remove the name of the Democratic candidate for U.S. Senate from the November election ballot, the Kansas Supreme Court ruled on Thursday in a decision that could help decide which party will control the chamber. Democrat Chad Taylor properly withdrew from the race when he submitted papers two weeks ago and Kansas Secretary of State Kris Kobach is ordered not to include him on the ballot, the state supreme court ruled. ...

  • Capital One to offer co-branded Costco credit card in Canada

    By Solarina Ho TORONTO (Reuters) - Costco Wholesale Corp, which will stop accepting American Express Co cards in Canada beginning in the new year, will be partnering with Capital One Financial Corp, the credit card issuer said on Thursday. Members can sign up for a co-branded Platinum MasterCard, Capital One said in a statement, adding that MasterCard Canada has also entered into an agreement with Costco Canada to open credit card acceptance to MasterCard cardholders. ...

  • Prepare for liftoff: Alibaba is the 'anti-Facebook' IPO
    Prepare for liftoff: Alibaba is the 'anti-Facebook' IPO

    Alibaba's IPO has an opportunity to be an old-fashioned, 1990s-dot.com style blowout. It's not hard to imagine the stock trading well above $100 on its first day.

  • Kurdish leader urges world to protect Syrian town from Islamic State
    Kurdish leader urges world to protect Syrian town from Islamic State

    By Seyhmus Cakan DIKMETAS Turkey (Reuters) - Iraqi Kurdish leader Masoud Barzani called on Friday for international intervention to protect a Kurdish town in neighboring Syria from Islamic State fighters who have driven many Syrian Kurds to flee across the border to Turkey. Several thousand Kurds began crossing the frontier on Friday fearing an imminent attack on the border town of Ayn al-Arab, known as Kobani in Kurdish, after Islamic State (IS) fighters seized dozens of nearby villages over the past two days. ...

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