Palestinians, Israelis trade rockets, airstrikes

Israel on Tuesday launched an unusually heavy series of airstrikes on Gaza in retaliation for Palestinian rocket attacks, raising the prospect of a new round of bloody fighting after a relative lull for two years...

Weak Jobs Data Dash Hopes of Accelerating Recovery .

The U.S. economy added fewer jobs than expected in November and the unemployment rate rose, dashing hopes that the recovery is gaining momentum...

Source: www.wsj.com

Air Force reassigns 2 in tanker-bid mix-up

The top Air Force general said Tuesday he had reassigned two officials who had mistakenly sent confidential data to the companies bidding.

The top Air Force general said Tuesday he had reassigned two officials who had mistakenly sent confidential data to the companies bidding for a $40 billion tanker contract...

Source: www.seatletimes.com

Obama takes a Punch

Moving his agenda through Congress will be far more difficult with GOP leaders...

Wall Street ends higher with resources stocks

Stocks closed higher on Friday, extending their rally amid gains in the resources sector after data in China showed a pick-up in manufacturing activity...

Asian stocks rise as China manufacturing jumps

Asian stock markets rose Friday as stronger growth in China's manufacturing suggested the world's No. 2 economy isn't slowing as sharply as feared.

Mexico floods show need for global climate pact: president

Mexico's latest rash of storms and floods highlights the urgent need for a global accord on cutting greenhouse gases blamed for climate change...