US Postal Service reports record loss of $15.9B for year








WASHINGTON — The struggling U.S. Postal Service is reporting a record annual loss of $15.9 billion.

The financial losses for the fiscal year ending Sept. 30 were nearly $11 billion more than the previous year.

The numbers cap a tumultuous financial year in which the post office was forced for the first time to default on more than $11 billion in payments to avert bankruptcy.

The mail agency for months has been urging Congress to pass an overhaul bill to let it trim letter delivery to five days a week and reduce annual payments for future retiree health care.



Postmaster General Patrick Donahoe says the large losses cannot be sustained.

The mail agency forecasts billions in additional losses next year as it awaits financial relief from Congress.










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Dream South Beach wins hotel design award




















The Dream South Beach hotel, which opened in 2011, recently won an award for design at the New York International Hotel, Motel and Restaurant Show.

The hotel at 1111 Collins Ave., formerly the Tudor House and Palmer hotels, won the Gold Key Award for Best Guest Room Design. The ceremony was held Monday.

Designers were Kelly Ogden of Elk Collective and Michael Czysz of Architropolis.








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Police: 1 dead, 2 wounded in car shot up in Miami




















One man was killed and two wounded in a shooting in Miami that left a car pocked with bullet holes.

Miami police responded to a call reporting shots fired at about 11:50 p.m. Monday at the corner of Northwest 11th Place and 43rd Street where they found a Nissan Altima with three young males inside.

The car was “shot up numerous times,” said Officer Kenia Reyes, Miami police spokeswoman.





One of the victims died on the scene and the others were transported to Jackson Memorial Hospital’s Ryder Trauma Unit. The second victim is listed in stable condition and the third was treated and released.

Several blocks away at Northwest 15th Avenue and 44th Street, police canvassed the area where they discovered gunshot casings. It’s not known yet if the incidents are related.

Reyes said the names of the victims are being withheld until the next of kin is notified.

Police have no suspects or motives so far and are asking anyone with information to call 305-471-TIPS (8477).





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Facebook stock up as lock-up expires on largest block of shares
















SAN FRANCISCO (Reuters) – Shares of Facebook Inc jumped 10 percent in early trading on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company’s disappointing debut in May.


In heavy morning trading, Facebook gained $ 2.02 to $ 21.89.













“While the lock-up is expiring, there is nothing requiring anybody to sell,” said Tim Ghriskey, chief investment officer at Solaris Group in Bedford Hills, New York. “Given the low price, these long-term holders are deciding to hold the stock and that is lifting it here as the fear of the expiration subsides.”


Roughly 800 million Facebook shares could begin trading on Wednesday after restrictions on insider selling were lifted on the biggest block of shares since the May initial public offering.


The lock-up expiration greatly expanded the 921 million-share “float” available for trading on the market until now.


Facebook, the world’s No. 1 online social network, became the only U.S. company to debut with a market value of more than $ 100 billion. But its value has dropped nearly 50 percent since the IPO on concerns about its long-term money-making prospects.


Insider trading lock-up provisions started to expire in August, and the rolling expirations have added to the pressure on Facebook’s stock.


Pivotal Research Group analyst Brian Wieser said he didn’t expect Facebook insiders to sell all of their shares as the lock-ups expired.


“I would expect heavy volumes over the next few weeks, but not undigestible volumes,” said Wieser. By his estimates, roughly 486 million of the nearly 800 million newly freed Facebook shares will be sold.


There is some evidence that the heavy interest in shorting the stock was dissipating, given the poor performance since it first sold shares in May.


According to Markit’s Data Explorers, about 28 percent of the shares available for short-selling were being borrowed for that purpose, down from a high of more than 80 percent in early August.


Similarly, SunGard’s Astec Analytics, which also tracks interest in shorting, noted in a comment on Tuesday that the cost of borrowing Facebook shares is down more than 50 percent since the beginning of the month.


“Everything would seem to indicate the market is losing its appetite to short Facebook,” wrote Karl Loomes, market analyst at Astec.


Several members of Facebook’s senior management have sold millions of dollars worth of shares in recent weeks through pre-arranged stock trading plans as lock-up restrictions expired.


Chief Operating Officer Sheryl Sandberg has sold roughly 530 million shares this month, netting just over $ 11 million, though she still owns roughly 20 million vested shares in Facebook.


In August, Facebook board member Peter Thiel sold roughly $ 400 million worth of Facebook stock, the majority of his stake, when an earlier phase of lock-up restrictions expired.


Facebook’s 28-year-old chief executive, Mark Zuckerberg, has committed to not sell any shares before September 2013.


(Reporting by Alexei Oreskovic; Editing by Jeffrey Benkoe)


Internet News Headlines – Yahoo! News



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Elizabeth Banks Baby News

Elizabeth Banks has welcomed her second son with husband Max Handelman.

The Hunger Games star announced the recent arrival of her baby boy, Magnus Mitchell Handelman, on her personal website. 

VIDEO: Elizabeth Banks' Parenting Approach

"As 2012 winds down and Thanksgiving approaches, I have much for which to be thankful - personal, professional, and Presidential," Elizabeth wrote. "However, nothing can match the joy and excitement my husband and I felt when we recently welcomed our second baby boy, Magnus Mitchell Handelman."

She reveals that like her other son Felix, Magnus was born via gestational surrogate, an experience that she said "has exceeded all expectations." 

VIDEO: Elizabeth & Chris Charm People Like Us

"Magnus joins older brother Felix, thus commencing a decade or more of close hand to hand combat," she wrote. "I now turn my attention to managing two boys under two. For which I am thankful. And all their poop. For which I am less thankful. Wish me luck."

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WATCH: 'Drunk' man tries to take escalator - in wrong direction!








Watch that first step!

A 'drunk' man tried to walk down the escalator the wrong way on the London Underground.

The man - wearing a suit and carrying a briefcase - appears unsteady on his feet as he tries to make his way down the escalator at Tottenham Court Road tube station.

Bemused commuters try to help him off, but he ignores them and continues to try and walk the wrong way.

After struggling for two minutes as people push past, he is guided away by a helpful commuter who pushes the emergency stop button and points him in the right direction.



To read more, go to The Sun.










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Job fair Thursday in Miami Lakes




















One of the region’s most popular job fairs returns to Miami-Dade County on Thursday, Nov. 15, with more than 1,000 openings available.

Job News, which sells employment ads and rents out space at job fairs to companies, will hold its last fair of 2012 at the Don Shula Hotel in Miami Lakes. The hours are 10 a.m. to 2 p.m., and both admission and parking are free. Job News says more than 35 companies will be on hand looking for workers, including the Loews Miami Beach hotel, Flightstar Aviation, Okey Dokey grocery stores, and Borden Dairy.

More information is available at jobnewsmiami.com, where participants are encouraged to register ahead of time in order to avoid check-in lines. Job News recommends bringing 30 copies of a resume to the event.





DOUGLAS HANKS





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Florida man describes being shot by police Taser as he sprayed fire with garden hose




















The fire was all around Dan Jensen.

He could see it. He could smell it. He could hear it.

It was close enough to touch. It was burning down his neighbor's house. It was creeping toward Jensen's own fence 10 feet away, and he started spraying the fire with his hose.





Police ordered Jensen to get back, and he complied.

But after a few minutes passed without firefighters arriving, a frustrated Jensen stepped forward and leaned down to grab the skinny gray garden hose once again.

That's when he heard the order.

"Hit 'em! Take him down! Tase him!"

Within moments, Jensen was on the ground. He felt electric.

"It was all over me," Jensen said. "Crawling all over me."

The 42-year-old commercial fisherman is still struggling to comprehend exactly how things deteriorated so quickly Thursday. He said he doesn't understand why police shot him with a Taser that night as he tried to battle a house fire at 3420 Beechwood Ter. N.

Jensen's family, friends and neighbors have been quick to defend him and accuse police of crossing a line.

"It was wrong," he said. "There's no way around it. … I was fighting a fire. I wasn't fighting police. I thought they were here to help me. Instead, they hurt me."

Police said they can sympathize with the stress Jensen was under. But they said he put himself and officers in danger when he refused to back down from fighting the fire.

Pinellas Park Capt. Sanfield Forseth told the Tampa Bay Times authorities could have even charged Jensen with obstruction, but decided against it.

Jensen's attorney, Heidi Imhof, said she believes authorities are trying to deflect attention from their actions that night. She called the Taser use "excessive force."

"They can't just Taser anyone," she said. "He's an unarmed person on his private property trying to fight a fire."

Imhof said the officers had other options. They could have yanked Jensen away, she said, or just turned off the water.

The agency's policy says officers must issue a warning before using a Taser, "except when such warning could provide a tactical advantage to the subject."

Imhof said her client was never warned.

Jensen said he's "disappointed" in police.

He said that when they arrived on the scene, they told him to back off and let insurance take care of it. He did for a few minutes but grew impatient and irate. He picked up the hose again because he thought firefighters weren't getting there soon enough.

Officials told the Times it took six minutes for fire fighters to respond.

"That's my home," Jensen said Monday, his voice breaking. "That's my family."





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Lea Michele Addresses Pregnancy Rumors

Lea Michele made light of the tabloid reports that she was pregnant, telling Tonight Show host Jay Leno she feels that she's "finally made it."

Referring to the reports as her "first fake pregnancy rumor," the Glee gal joked that an actress hasn't really made it until someone shouts baby bump. "You gotta take it. It's what happens in this business," she tells Leno of the false rumors. "[It's] a cool one to get. ... I can't wait to see what's next."

Michele, 26, has been dating her Glee co-star Cory Monteith, 30, and though there's no bun in the oven just yet, she does admit that she's become quite domestic. The actress tells Leno she loves to cook, and sometimes fantasizes about having her own cooking show.


"Maybe I think I'm a better cook than I am, because I cooked something for my boyfriend the other day and I don't think he really liked it," she admits.


RELATED: Lea Michele Before Glee Fame

Michele, Monteith and the Glee cast return to FOX on Thursday night for a special Grease-inspired episode.

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NY Post: News

NY Post: Newshttp://www.nypost.com
Latest News from the New York Post Online Edition, which delivers the Post's
world-renowned gossip, best sports in town, and more.
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12018NY attorney files lawsuit over LIPA power failures
Local
A New York attorney has filed a lawsuit claiming negligence by two Long Island power companies after Superstorm Sandy and the nor'easter.
Kenneth Mollins said the lawsuit filed Tuesday in state Supreme Court seeks unspecified damages.
The Long Island Power Authority has restored power to more than 1.1...
Tue, 13 Nov 2012 11:47:54 -0500http://www.nypost.com/p/news/local/ny_attorney_files_lawsuit_over_lipa_kZ8G1yTvYJP3mLAYYxFndL?utm_medium=rss&utm_content=
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Fla. utility worker attacked on Long Island
Local
A utility worker from Lakeland, Fla., was punched in the face while walking outside a restaurant on New York's Long Island.
The Lakeland Ledger reports that John Applewhite suffered a broken jaw and several face fractures.
A Nassau County police press release said a man was punched in the...
Tue, 13 Nov 2012 11:41:38 -0500http://www.nypost.com/p/news/local/fla_utility_worker_attacked_on_long_q6v2uVNVYUfRT3KqDDIkSN?utm_medium=rss&utm_content=
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WATCH: Jon Stewart takes self down a notch over interview with Petraeus' mistressBy MICHAEL BLAUSTEIN
National
On last night's episode of "The Daily Show," host Jon Stewart mocked his own lack of journalistic instinct when it came to the interview he did with David Petraeus' mistress Paula Broadwell earlier this year.
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Gen. John Allen also helped Jill Kelley's sister during custody battleBy GEOFF EARLE, DC Bureau ChiefNationalWASHINGTON -- Both Gen. David Petraeus and Gen. John Allen intervened in the same nasty child custody battle involving Natalie Khawam, the “psychologically unstable” twin sister of Jill Kelley, whose bombshell claims of being threatened by Petraeus' lover led to the top spy’s resignation last week, the Post has...Tue, 13 Nov 2012 11:41:56 -0500http://www.nypost.com/p/news/national/battle_john_allen_also_helped_jill_YjkEYUNY2INC4smBMEYqUI?utm_medium=rss&utm_content=Nationalhttp://www.nypost.com/p/news/national/battle_john_allen_also_helped_jill_YjkEYUNY2INC4smBMEYqUI?utm_medium=rss&utm_content=National
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David Petraeus gets big promotion in new 'Call of Duty' gameBy MICHAEL BLAUSTEIN
National
Even though disgraced former CIA director David Petraeus' real career is over, his virtual career continues apace seeing as he is the Secretary of Defense in the new 'Call of Duty' video game which is expected to be the highest grossing game of all time.
Released today, the new game...
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Elmo voice sorry for 'sex' talk in e-mail to accuser: reportBy DAREH GREGORIANLocalElmo’s real-life persona, Kevin Clash, once professed his carnal “love” for a man, who is now accusing the famed puppeteer of an underaged hookup, according to published reports this morning.
"I'm sorry that I keep talking about sex with you, its driving me insane,” Clash allegedly wrote in...
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Hubby busted in SI teacher wife-slayBy DOUG AUER
Staten Island
The husband of a city schoolteacher mysteriously found dead inside their Staten Island home this summer was arrested this morning for murder, The Post has learned.
Jonathan Crupi was collared at his mother’s home where he had been staying since the July 5 slaying of Simeonette Mapes-Crupi, law enforcement...
Tue, 13 Nov 2012 11:11:40 -0500http://www.nypost.com/p/news/local/staten_island/hubby_busted_in_si_teacher_wife_QNdHj5TsooUdfwoMoJ3byO?utm_medium=rss&utm_content=
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City launching '1-stop restoration centers', FEMA opens in 19 NJ counties
Local
New York City says it's launching "one-stop restoration centers" that will provide recovery services and disaster relief.
The offices will be located in Far Rockaway and Breezy Point, Queens; Coney Island, Red Hook and Gravesend, Brooklyn; and on Staten Island.
Both state and federal disaster relief will be offered...
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Rockefeller Center Christmas tree survived Sandy
Local
MOUNT OLIVE, NJ — The Christmas tree that will dominate New York's Rockefeller Center survived the winds of Superstorm Sandy that left a path of destruction in a New Jersey town and even its donor without electricity for weeks.
Joe Balku, 76, learned that the 80-foot Norway spruce had been...
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Missouri girl, 4, brings toys to Sandy victims
Local
A 4-year-old girl from Kansas City has been delivering toys to New York City children affected by Superstorm Sandy.
Katherine Schell tells WCBS-TV that she was worried about other kids who "lost their animals."
Her mom, Katie Schell, says it was Katherine's idea to bring the toys to New...
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Judge shames Ohio woman who drove on sidewalk to avoid school bus with public 'idiot' signNationalCLEVELAND — In a highly public sentence, a woman caught on camera driving on a sidewalk to avoid a Cleveland school bus that was unloading children stood in the cold at an intersection holding a sign warning people about idiots.
A Cleveland Municipal Court judge ordered 32-year-old Shena Hardin to serve...
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Petraeus helps whistleblower's 'unstable' twin in nasty custody fight By GEOFF EARLE, JEANE MACINTOSH and DAN MANGANNationalGen. David Petraeus sure loved helping his lady friends.
While he was director of the CIA, Petraeus wrote a letter supporting the child-custody fight of the “psychologically unstable” twin sister of his close friend Jill Kelley — whose bombshell claims of being threatened by his lover led to the top spy...
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WATCH: Girls go wild at 30 Rock for One Direction, announced 1st 3D movieBy AMY STRETTENLocal



Charles Sykes/Invision/AP
One Direction member Louis Tomlinson, left, performs on NBC's "Today" show.




The boys of One Direction are banking that their remarkable journey to fame has at least one more year of glory.
Moviegoers will get a 3D eyeful of the the wildly popular UK boy...
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Monthly MetroCards will not be reimbursed after SandyBy JENNIFER FERMINO, KENNETH GARGER and LEONARD GREENELocal



Chad Rachman/New York Post
GIVING IT A WHIRL: The Marine chopper scheduled to shuttle President Obama around the city Thursday takes off during a test run yesterday in Miller Field on Staten Island, where he'll meet Mayor Bloomberg.




Count your monthly MetroCard as a casualty of Hurricane Sandy...
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Cheat heartsNational



Getty Images




Now all they have to do is kiss.
Kristen Stewart and Robert Pattinson looked as if they had made up last night for the premiere of “Twilight Saga: Breaking Dawn Part II.”
It was the former — and possibly current — couple’s first red-carpet appearance together since they split...
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Friends in grief: Families of tragic Flight 587 help storm victims in RockawaysBy DAVID SEIFMANLocalIt’s victims helping victims.
Families that lost loved ones when Flight 587 crashed in the Rockaways in 2001 are taking up a collection for residents of the battered shorefront community still struggling to recover from the devastation of Hurricane Sandy.
The poignant gesture will raise thousands, not millions. Most...
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Queens school’s student exodusBy YOAV GONEN and LIZ SADLERQueens



UPI
Debris from damaged homes lies piled up across the street from the shuttered PS 114 in Belle Harbor.





Hurricane Sandy scattered hundreds of students from one Queens school — to locales as far away as Nashville.
At least 230 students from Belle Harbor’s PS 114 have enrolled in public...
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Twist in Petraeus sex scandal: Afghanistan commander now probed for relationship with Jill KelleyBy TIM PERONE
National
In a shocking twist, the top US military commander in Afghanistan been caught up in the Petraeus sex scandal.
Marine Gen. John Allen is being investigated for “inappropriate communications” with Jill Kelley — the woman harassed by e-mails allegedly sent by David Petraeus’ mistress.
Allen, 58, who succeeded Petraeus as top...
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Christie facing GOP stormBy GERRY SHIELDS in DC and ERIK KRISS in AlbanyNational



AFP/Getty Images
BIG HIT: Gov. Chris Christie’s political aspirations are taking a hit over his warm embrace of President Obama after Hurricane Sandy ravaged New Jersey.





Fat chance for New Jersey Gov. Chris Christie’s White House aspirations in the wake of his post-Sandy bromance with President Obama...
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Hero’s blaze of glory: Bravest saves woman, 93By KIERAN CROWLEY
Local




Bill Kelly
NICK OF TIME: Rescuers aid Evelyn Ross yesterday after she was saved from her burning Long Island home by John Curley.





A Long Island firefighter who’s also one of the FDNY’s Bravest smashed a window of a burning Bellmore home with his bare hands and dragged...
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Red ‘devil’! Voice of Elmo in teen-sex shockerBy DAREH GREGORIANLocal



Chad Rachman/New York Post
DON'T TICKLE ME! Kevin Clash, with Muppet, Elmo, insists that his young accuser was of legal age when their “relationship” began.




Say it ain’t so, Elmo!
Kevin Clash — the puppeteer who transformed a furry red Muppet named Elmo into an international sensation — has...
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Lance is Livingwrong: Taunting photo as bike dope quits cancer postBy ANDY SOLTISInternational









Take them down and box them up, Lance.
Disgraced cyclist Lance Armstrong tweeted a brazen photo of himself on Saturday lying next to his seven ill-gained Tour de France victory jerseys — tokens of titles that were ultimately stripped from him due to doping allegations.
“Back in Austin and just layin...
Tue, 13 Nov 2012 04:56:51 -0500http://www.nypost.com/p/news/international/lance_is_livingwrong_UFQJSLBg7LTJz00PURwHDK?utm_medium=rss&utm_content=Internationalhttp://www.nypost.com/p/news/international/lance_is_livingwrong_UFQJSLBg7LTJz00PURwHDK?utm_medium=rss&utm_content=International
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Beware: ObamaCare’s now realityBy BETSY McCAUGHEYOped ColumnistsPresident Obama’s re-election and Democratic gains in the US Senate end any possibility of repealing the Obama health law. It will roll out as written, imposing major changes soon on you and your family. If you are uninsured because you can’t afford it, help may be on the...Tue, 13 Nov 2012 03:44:05 -0500http://www.nypost.com/p/news/opinion/opedcolumnists/beware_obamacare_now_reality_YT42eCrsbtZC3KbDONGm4O?utm_medium=rss&utm_content=Oped Columnistshttp://www.nypost.com/p/news/opinion/opedcolumnists/beware_obamacare_now_reality_YT42eCrsbtZC3KbDONGm4O?utm_medium=rss&utm_content=Oped Columnists
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SI cops’ killer eyed as too dumb for deathBy MITCHEL MADDUX
Staten Island
They say he’s too dumb to die for his heinous crimes.
A federal judge has scheduled a series of hearings later this month for testimony about whether a man convicted of the execution-style murder of two undercover NYPD officers is mentally competent to face the death penalty — again.
Ronell...
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Stones ‘Start Up’ in B’klynBy ANDY SOLTISLocalIt’s official: The Rolling Stones are coming to Brooklyn.
The band added a show on Dec. 8, a Saturday, at Barclays Center, to their new tour.
Tickets will go on sale Monday at 10 a.m.
The show will be the first US date of their “The Stones — 50...
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Meet the ‘perfect’ NYC galBy ANDY SOLTISLocalThe perfect single New York City woman is a brown-eyed, nonsmoking, social-drinking brunette — with a master’s degree.And Gotham guys would be willing to spend $266.25 on a first date with their dream girl, according to a new survey by a sugar-daddy dating Web site.Some 5,000...Tue, 13 Nov 2012 03:42:16 -0500http://www.nypost.com/p/news/local/meet_the_perfect_nyc_gal_S6fL2vGSXseb87CkvlC5ZK?utm_medium=rss&utm_content=Localhttp://www.nypost.com/p/news/local/meet_the_perfect_nyc_gal_S6fL2vGSXseb87CkvlC5ZK?utm_medium=rss&utm_content=Local
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O critics rankled by ‘dicey timing’By GERRY SHIELDS and JOSH MARGOLIN
National
Whatever you do, don’t tell the boss.
White House aides appear to have gone out of their way to avoid informing President Obama about the Petraeus affair, and people in Washington want to know why.
“It’s way too convenient,” said Rep. Jason Chaffetz (R-Utah), a member of the...
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Obama keeps Holder as Attorney GeneralBy JOSH MARGOLINNationalPresident Obama is holding on to Eric Holder as the nation’s top law-enforcement official, The Post has learned.
The newly re-elected president asked his controversial attorney general to stay for the second term, and Holder has agreed despite enduring a firestorm of criticism from Republican lawmakers.
“I don’t...
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In Syria’s crossfireBy JOSEF FEDERMANInternationalJERUSALEM — An Israeli tank scored “direct hits” yesterday on a Syrian army vehicle after a mortar shell landed on Israeli-held territory, the military said, in the first direct confrontation between the countries since the Syrian uprising broke out.
Israel has tried to avoid getting sucked into the bloody Syrian conflict...
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Tech-mogul slay suspectBy RITA DELFINER
International
John McAfee, founder of the anti-virus software company, that bears his name, is being sought for questioning in the murder of a neighbor in Belize, local police said yesterday.
Cops want to talk to McAfee, 67 — who sold the company to Intel in 2010 for $7.7 billion — in connection...
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Mike’s ‘legacy list’ is Priority 1 for projectsBy SALLY GOLDENBERG
Local
When it comes to new development projects, the Bloomberg administration is closed for business.
That’s because the mayor’s people — with an eye toward his legacy — have carefully crafted a special list of high-profile priority projects to fast-track before Bloomberg’s third term ends in 14 months, putting all...
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Hardhat’s downer: 9/11 impotence claimBy BRUCE GOLDINGManhattanSeptember 11 changed everything for this hardhat — including his sex life.
A construction worker who breathed “toxic smoke and fumes” while working five weeks at Ground Zero said he was left with a litany of ailments, including erectile dysfunction.
Steven O’Hara of upstate Wingdale clocked 12-hour days monitoring the...
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Conservatives propose BamCare cuts in ‘cliff’ talksBy GERRY SHIELDS, Post CorrespondentNationalWASHINGTON — President Obama will have to give to get.
Opponents of Obama’s signature health-care law are pushing for costs of the plan to be part of the negotiations over preventing the so-called fiscal cliff, while supporters are trying to keep cuts off the table.
Obama will begin a series...
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NYPD Daily BlotterBy DOUG AUER, KIRSTAN CONLEY, JESSICA SIMONENYPD BlotterManhattan

A serial bank robber was done in when a detective recognized his mug from a prior arrest, law-enforcement sources said.
Robert Connolly, 54, allegedly scored $3,495 from the Valley National Bank on Fourth Avenue near East 12th Street on Oct. 10 by handing a teller a demand note...
Tue, 13 Nov 2012 02:10:54 -0500http://www.nypost.com/p/news/local/nypd_blotter/nypd_daily_blotter_Qd7KReLrQOOYBsktG8wwyN?utm_medium=rss&utm_content=NYPD Blotterhttp://www.nypost.com/p/news/local/nypd_blotter/nypd_daily_blotter_Qd7KReLrQOOYBsktG8wwyN?utm_medium=rss&utm_content=NYPD Blotter
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Hydrant rule is all wet: polBy SALLY GOLDENBERG
Local
This parking rule must be from the age of horse and buggy.
A city councilman is looking to revamp a law that allows cars to park 15 feet from hydrants in a no-standing zone while dropping off or picking up a passenger, as long as the driver is in the...
Tue, 13 Nov 2012 02:05:29 -0500http://www.nypost.com/p/news/local/hydrant_rule_is_all_wet_pol_yqzV0eB6scl7xZ8aRayl7N?utm_medium=rss&utm_content=
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Sad last salute for upstate GI
Local
ALDEN, NY — Mourners overflowed a church in western New York on Veterans Day to pay tribute to a US Army reservist killed by a roadside bomb in Afghanistan.The funeral for Sgt. Brett Gornewicz, 27, of Alden, 20 miles east of Buffalo, was standing room only at St. John’s...Tue, 13 Nov 2012 02:05:29 -0500http://www.nypost.com/p/news/local/sad_last_salute_for_upstate_gi_CivnYogagaWX1drAnFdpaP?utm_medium=rss&utm_content=
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Gov: We’ll probe LIPA and othersBy ERIK KRISS and JOSH MARGOLINLocalGov. Cuomo will launch investigations into every state-licensed power utility in the region to determine how they performed after Hurricane Sandy, officials and sources said yesterday.
“I’m going to do a thorough review/investigation, and they will be held accountable for past performance, and we have to make sure...
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Wanton thief a wonton thief
National
WEST HARTFORD, Conn. — A man stole a car used to deliver Chinese food — then continued dropping off orders so he could keep the customers’ money, police said.Keith Hinds, 45, was charged Friday with larceny and other charges.West Hartford police received a call from a Chinese-food delivery driver reporting...Tue, 13 Nov 2012 01:58:37 -0500http://www.nypost.com/p/news/national/wanton_thief_wonton_thief_MLLQG0w6ZKfABUZ2r1DLEI?utm_medium=rss&utm_content=
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NJ has had fill of rationingBy LEONARD GREENELocalFill ’er up!New Jersey will end its gas-rationing policy today now that pressure at the pump has been eased. Gov. Chris Christie says that gas supplies are plentiful throughout the Garden State and that there are no more lines of cars waiting for fuel.Christie imposed the odd-even restrictions...Tue, 13 Nov 2012 01:54:36 -0500http://www.nypost.com/p/news/local/nj_has_had_fill_of_rationing_4vOcrLiDuB4zPGPTdp7ArM?utm_medium=rss&utm_content=Localhttp://www.nypost.com/p/news/local/nj_has_had_fill_of_rationing_4vOcrLiDuB4zPGPTdp7ArM?utm_medium=rss&utm_content=Local
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Wynner is now ‘lo$er’By ANTHONY MCCARTNEYNationalLOS ANGELES — A judge has cut by more than half the $40 million jury verdict that casino mogul Steve Wynn was recently awarded against “Girls Gone Wild” founder Joe Francis.
The ruling by Los Angeles Superior Court Judge Joanne O’Donnell on Friday eliminates $20 million in punitive damages the...
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Comptroller cronies Liu-sers in courtBy JOSH SAULLocalThis “long shot” fell way short.
Embattled city Comptroller John Liu suffered another setback yesterday when two of his key fund-raisers charged with fraud saw their motions to suppress certain evidence and dismiss the case slapped down by a federal judge.
Liu campaign treasurer Jia “Jenny” Hou moved to suppress...
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Carrión to run for mayor – as GOPerBy DAVID SEIFMANLocalFormer Bronx Borough President Adolfo Carrión (pictured) is planning to enter the 2013 mayoral race — but as a Republican, not a Democrat, according to political sources.
Carrión, 51, who served briefly in the Obama administration, has quietly changed his voter registration from Democrat to independent and hopes to run on...
Tue, 13 Nov 2012 01:53:43 -0500http://www.nypost.com/p/news/local/carrion_to_run_for_mayor_as_goper_m2sLp5ZAhE6OUPfZ9slrbN?utm_medium=rss&utm_content=Localhttp://www.nypost.com/p/news/local/carrion_to_run_for_mayor_as_goper_m2sLp5ZAhE6OUPfZ9slrbN?utm_medium=rss&utm_content=Local
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Time to tell the truthEditorialsDavid Petraeus served the United States of America with honor and distinction for nearly four decades.
Then he stumbled. That much is clear.
But everything else about L’affaire Petraeus is a jumbled mess, and the best advice for anyone trying to make sense of it is really quite simple...
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Good gas news in JerseyEditorials“The power restoration and fuel-delivery efforts of the past two weeks have allowed lines to subside, lessening the need for this type of rationing system. Now is an appropriate time to end it.” — Kevin Roberts, spokesman forGov. Chris Christie, announcing that post-Sandy
gas rationing would end in New Jersey at...
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Keep Alan on iceEditorialsFormer state Comptroller Alan Hevesi comes up for his initial parole hearing this week, perhaps today, having served 18 months of a one-to-four-year sentence for a “pay-to-play” scheme involving state pension-fund investments.
Hevesi’s corruption conviction ended his three-decade service on the public payroll, including membership in the state Assembly...
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Apt. fire kills woman, 91By LORENA MONGELLI and JESSICA SIMEONE
Brooklyn
An elderly churchgoing woman was killed yesterday by a fire that swept through her Brooklyn apartment building, authorities said.Olga Bates, 91, a widow who relatives said was “very religious,” was found unconscious on the second floor of the Prospect Heights building and later died, cops said.“She was super...Tue, 13 Nov 2012 01:18:38 -0500http://www.nypost.com/p/news/local/brooklyn/apt_fire_kills_woman_MPr5HITDOrfa70gCuynMqN?utm_medium=rss&utm_content=
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No bail for son in mom-slay horrorBy LAURA ITALIANO
Manhattan
The man charged with fatally stabbing his mother and slashing and trying to incinerate his brother in their East Harlem apartment was held without bail at his arraignment yesterday. David Elias, 31, was led from Manhattan Criminal Court to jail yesterday, staggering and swaying in his handcuffs and leg chains...Tue, 13 Nov 2012 01:18:25 -0500http://www.nypost.com/p/news/local/manhattan/no_bail_for_son_in_mom_slay_horror_CG5djb2vLZivpXDfriPyaN?utm_medium=rss&utm_content=
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Super Bowl’s VIP air gameBy JOSH MARGOLIN
Local
The most touchdowns at the first Super Bowl hosted at the Meadowlands will be scored by rich fans flying in via private jet.An $11 million private air terminal is quietly being constructed at Newark Airport to lure the jet set that is sure to converge for the 2014 Super...Tue, 13 Nov 2012 01:16:40 -0500http://www.nypost.com/p/news/local/super_bowl_vip_air_game_SAahfvJHkTT6AQScwrXzgL?utm_medium=rss&utm_content=
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$100M suit vs. Beyoncé OK’dBy DAREH GREGORIANNationalBeyoncé might be summoned to a command performance — singing under oath.A state appeals court has given a $100 million lawsuit against the “Single Ladies” singer the green light, paving the way for the superstar to testify at a deposition.In a unanimous decision, the Appellate Division denied a bid...Tue, 13 Nov 2012 01:16:04 -0500http://www.nypost.com/p/news/national/suit_vs_beyonce_ok_sLXAJWL9NJGcBAUlSFRD2K?utm_medium=rss&utm_content=Nationalhttp://www.nypost.com/p/news/national/suit_vs_beyonce_ok_sLXAJWL9NJGcBAUlSFRD2K?utm_medium=rss&utm_content=National
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Bents best SEC in ‘broken buck’ caseBy KAJA WHITEHOUSEBusinessThe Securities and Exchange Commission yesterday suffered yet another defeat in its efforts to hold Wall Street accountable for losses stemming from the financial meltdown after a Manhattan jury cleared a father-son team of misleading investors to avoid a run on the bank in 2008.
After more than two days...
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Leucadia snaps up Jefferies for $4BBy MARK DECAMBREBusinessWall Street’s damsels are turning to white knights.
In the latest move, Jefferies Group yesterday agreed to be scooped up by investing conglomerate Leucadia National Corp. for nearly $4 billion.
The acquisition will place Jefferies CEO Rich Handler, 51, in the unique position at the helm of his firm...
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Hostess’ reprieve in PhillyBy JOSH KOSMANBusinessThe Philadelphia Hostess plant that supplies New York City is running again after a strike by the bakers’ union temporarily halted production.
Hostess pulled in management from other areas to restart the plant, which came to a halt when workers refused to cross a picket line, according to a source...
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Windows boss exitsBusinessMicrosoft said that Steven Sinofsky, president of its Windows and Windows Live operations, is leaving the company.
Company veteran Julie Larson-Green has been promoted to lead all Windows software and hardware engineering.
The company did not say why Sinofsky is leaving...
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Glitch KOs NYSE stoxBusiness Nyse Euronext yesterday suspended trading in more than 200 stocks on the New York Stock Exchange due to a technical problem with a server, though the stocks in question were still trading actively on other markets. There will be no closing auctions in the affected stocks, and a list of...Tue, 13 Nov 2012 01:14:19 -0500http://www.nypost.com/p/news/business/glitch_kos_nyse_stox_OC2YgVD59Vn5NWlwPETvWM?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/glitch_kos_nyse_stox_OC2YgVD59Vn5NWlwPETvWM?utm_medium=rss&utm_content=Business
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JCPenney shares pummeledBy JAMES COVERTBusinessThere’s a sale at JCPenney — on its stock, that is.Shares of the struggling department-store chain plunged 13 percent to their lowest levels since 2009, as Wall Street grew increasingly anxious about CEO Ron Johnson’s controversial turnaround strategy.Analysts cut their ratings on Penney shares and slashed profit...Tue, 13 Nov 2012 01:14:19 -0500http://www.nypost.com/p/news/business/jcpenney_shares_pummeled_O2WHoiBpD42vaH714T88IJ?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/jcpenney_shares_pummeled_O2WHoiBpD42vaH714T88IJ?utm_medium=rss&utm_content=Business
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MF report coming
Business
A US House of Representatives panel will release a long-awaited report that will dissect the collapse of failed commodities brokerage MF Global. The House Financial Services Committee said its Subcommittee on Oversight and Investigations will post the report online Thursday...Tue, 13 Nov 2012 01:14:19 -0500http://www.nypost.com/p/news/business/mf_report_coming_ANHcEBtjU2dT4U78XqNbZI?utm_medium=rss&utm_content=
Business
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Warner makes Sony/ATV moveBy CLAIRE ATKINSONBusinessWarner Music Group has joined the bidders for a Sony/ATV music publishing catalog with the rights to some 30,000 songs, The Post has learned. The Rosetta catalog, which is heavy on ’80s hits from artists like Bryan Ferry, Devo and Tears for Fears, has already attracted attention from...Tue, 13 Nov 2012 01:14:19 -0500http://www.nypost.com/p/news/business/warner_makes_sony_atv_move_eofTPxpJrrddMlsREtTjCI?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/warner_makes_sony_atv_move_eofTPxpJrrddMlsREtTjCI?utm_medium=rss&utm_content=Business
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Weird but true
Weird But True
When people say it’s a pain to figure out a budget or decide how big a tip to leave in a restaurant, they may be telling the truth.
Researchers at the University of Chicago have found that doing math can cause physical pain.
Solving a tough math problem activates...
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Weird But True
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A rough landing: New Times CEO faces twin threats on first dayBy KEITH J. KELLYBusinessThere was no warm welcome for New York Times CEO Mark Thompson.
The former BBC director general and editor-in-chief spent his first day on the job dealing with the fallout from a deepening crisis at his former employer and turmoil within the Times.
Thompson, who declined to be interviewed by...
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Long Island’s short temper and Cuomo’s LIP(A) serviceLettersThe Issue: Gov. Cuomo’s responsibility for LIPA’s efficiency after Hurricanes Irene and Sandy.
***
The Post documents Gov. Cuomo’s failure to fix the Long Island Power Authority after Hurricane Irene very well (“Cuomo’s LIPA Fail,” Editorial, Nov. 10).
The governor has been publicly critical of LIPA, which...
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GOP self-delusionBy RICH LOWRYOped ColumnistsNo sooner had the electoral thundercloud arrived last Tuesday than some Republicans began searching it for a silver lining. It is an understandable impulse after a defeat to want to minimize its magnitude and rationalize away its causes.
But there are no comforting augurs for Republicans in President Obama’s...
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When our role models let us downBy JOHN PODHORETZOped ColumnistsDavid Petraeus, who might have been the most respected man in America, has resigned due to a personal scandal that threatens to turn into a national-security scandal.
Kevin Clash, who took a piece of red cloth and with mysterious alchemy turned it into the most popular character for small children...
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King David’s big fallBy ARTHUR HERMANOped ColumnistsEven Brad Thor couldn’t come up with a juicier storyline.FBI agents discover secret e-mails proving that the CIA director, a revered war hero and possible future presidential candidate, is having an affair with his biographer-turned- femme fatale. He then resigns just days before he’s supposed to give...Tue, 13 Nov 2012 01:08:43 -0500http://www.nypost.com/p/news/opinion/opedcolumnists/king_david_big_fall_wPoodkvEhZ2FezjP0sJwhK?utm_medium=rss&utm_content=Oped Columnistshttp://www.nypost.com/p/news/opinion/opedcolumnists/king_david_big_fall_wPoodkvEhZ2FezjP0sJwhK?utm_medium=rss&utm_content=Oped Columnists
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US holds on to UN panel seat
International
The United States yesterday joined Germany and Ireland in winning re-election to the UN Human Rights Council.There were three seats available to represent the council’s Western Group. The other two contestants, Greece and Sweden, failed to garner sufficient votes from the General Assembly’s 193 members.US Ambassador...Tue, 13 Nov 2012 00:57:47 -0500http://www.nypost.com/p/news/international/us_holds_on_to_un_panel_seat_07BsIBdLr4c6kpmbl0ShVO?utm_medium=rss&utm_content=
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Hammer attack on shrinkBy LARRY CELONA and NATASHA VELEZ
Local
A deranged man yesterday attacked a Manhattan psychiatrist with a sledgehammer and knife in his home office, police said.Michael Weiss, 38, was meeting with Jacob Nolan in his 12th-floor office on West 57th Street at about 10.25 a.m. when Nolan apparently snapped and bashed him with the...Tue, 13 Nov 2012 00:54:01 -0500http://www.nypost.com/p/news/local/hammer_attack_on_shrink_gXQKMf5fqqCz3pM9GUsSPK?utm_medium=rss&utm_content=
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UN asked to free bond boatBusinessBUENOS AIRES — Argentina will ask a UN court to order the release of a navy sailing ship seized in Ghana unless the African country releases today, officials announced.The ARA Libertad training ship was seized on Oct. 2 in the port of Tema as collateral for unpaid bonds dating from...Tue, 13 Nov 2012 00:27:57 -0500http://www.nypost.com/p/news/business/un_asked_to_free_bond_boat_iQcg18IyPj1GXHDp0vBUPL?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/un_asked_to_free_bond_boat_iQcg18IyPj1GXHDp0vBUPL?utm_medium=rss&utm_content=Business
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Greece gets reprieveBusiness Greece’s lenders agreed to give the debt-ridden country two more years to make the cuts demanded of it, but the euro zone and IMF clashed over a longer-term target date to shrink debt. Euro zone finance ministers did not disburse more aid and by granting a request for more...Tue, 13 Nov 2012 00:27:55 -0500http://www.nypost.com/p/news/business/greece_gets_reprieve_WSgm4SzzLWMAvhwc0qRMxJ?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/greece_gets_reprieve_WSgm4SzzLWMAvhwc0qRMxJ?utm_medium=rss&utm_content=Business
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Google facing FTC ultimatumBusiness Google is being pressed by Federal Trade Commission Chairman Jonathan Leibowitz to offer to resolve the agency’s antitrust investigation in the next few days or face a lawsuit, two people familiar with the matter said.
Google has been in discussions with the agency for about two weeks and hasn...
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NBCU lays off 450, shakes up ‘Today’By CLAIRE ATKINSONBusinessComcast’s NBCUniversal is laying off hundreds of staff in another round of belt-tightening.
The pink slips will take place across the board and will affect about 450 employees, or 1.5 percent of the total staff, according to insiders.
Earlier this year, NBC cut about two dozen staffers on...
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Savanna’s 17th St. sojournBy STEVE CUOZZOCommercialSavanna is adding two loft-style Chelsea office buildings to its growing collection — 245 and 249 W. 17th St.
The aggressive real estate private-equity and asset management firm just bought the properties from the Pressman family for a price not yet disclosed. The buildings have a combined 284,000 square feet...
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Traders limber up for their race to the exitsBy JOHN CRUDELEBusinessIn my column last Thursday I wrote you an upbeat, patriotic song to make you feel better. Today, I’m going to make you feel lousy again.And I’m going to bore you as well. (Hey, no need to thank me.)This column is about the stock market and...Mon, 12 Nov 2012 23:32:53 -0500http://www.nypost.com/p/news/business/traders_limber_up_for_their_race_ALiKcXCkrRkcqFvXsmJGbP?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/traders_limber_up_for_their_race_ALiKcXCkrRkcqFvXsmJGbP?utm_medium=rss&utm_content=Business
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Business briefsBusinessDown on oilHedge funds trimmed bullish bets on crude to the lowest in more than two years as demand fell in the wake of Hurricane Sandy, production increased to the highest since 1994 and President Barack Obama won re-election.BB10 dateResearch in Motion plans to introduce its new BlackBerry 10...Mon, 12 Nov 2012 23:28:02 -0500http://www.nypost.com/p/news/business/business_briefs_U7VcZrzblc0F7nAITqBuJK?utm_medium=rss&utm_content=Businesshttp://www.nypost.com/p/news/business/business_briefs_U7VcZrzblc0F7nAITqBuJK?utm_medium=rss&utm_content=Business
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