Month: October 2012

Ex-presidential nominee George McGovern no longer responsive: family

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File photo of George McGovern in Potomac(Reuters) – Former Democratic Senator George McGovern, remembered for a devastating defeat by Richard Nixon in the 1972 presidential election and his efforts to fight world hunger, was near death on Wednesday at a South Dakota hospice center, his family said. McGovern, 90, was admitted to a hospice suffering from a combination of medical conditions due to age that have worsened in recent months, his family said in a statement. "The senator is no longer responsive," the statement said. "He is surrounded by his loving family and close friends. …

Romney’s deduction caps don’t pay for tax cuts: study

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U.S. Republican presidential nominee and former Massachusetts Governor Mitt Romney boards his campaign plane in Norfolk, VirginiaWASHINGTON (Reuters) – Mitt Romney's proposed cap on itemizing tax deductions could not on its own raise enough new government tax revenue to compensate for revenues lost by the Republican presidential candidate's plan to slash income tax rates, a think tank said on Wednesday. The Tax Policy Center, a nonpartisan group that has weighed in on other Romney proposals, said his deductions cap could raise up to $1.7 trillion over 10 years. The center said earlier this year Romney's 20-percent tax rate cut would cost $4.8 trillion. …

UPDATE 5-Lance Armstrong steps down from charity, Nike drops him

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* Armstrong out as Livestrong chairman, still board member * Donations to foundation rise despite scandal * Nike cites “seemingly insurmountable evidence” * Anheuser-Busch to end sponsorship deal as well * ESPN reports two others end deals as well AUSTIN, Texas, Oct 17 (Reuters) – Lance Armstrong stepped down as chairman of the Livestrong cancer support charity he founded, as Nike Inc dropped the disgraced cyclist over the doping scandal that will likely cost him his seven Tour de France titles. …

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No need for Representative Jesse Jackson Jr. to resign: Illinois governor

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Civil rights activist Jackson attends the first day of the Democractic National Convention in CharlotteCHICAGO (Reuters) – Illinois Governor Patrick Quinn said on Wednesday he sees no need for Representative Jesse Jackson, Jr., to resign his congressional seat or remove himself from the November election ballot, even though Jackson has been undergoing medical treatment for four months. "He was elected by the people to serve his term," said Quinn, in an interview with WBBM-780 Radio. "Obviously, he has had some health challenges." Jackson, the son of civil rights leader and former presidential candidate Jesse Jackson, has been treated for bipolar disorder. …

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Drug showed promise in clearing drug-resistant tuberculosis

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CHICAGO (Reuters) – An antibiotic used to treat severe bacterial infections showed promise at treating a highly drug-resistant and deadly form of tuberculosis, U.S. government and South Korean researchers said on Wednesday. The study, published in the New England Journal of Medicine, is the first scientifically rigorous clinical trial of Pfizer’s antibiotic linezolid, or Zyvox, in patients with extensively drug-resistant TB (XDR-TB), which is resistant to at least four of the drugs most often used to treat the lung infection. …

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Judge says bankrupt Alabama county can overhaul hospital

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BIRMINGHAM, Alabama (Reuters) – A federal judge on Wednesday cleared the way for Alabama’s bankrupt Jefferson County to shut down in-patient services at a government hospital for poor people that loses $10 million a year. Jefferson County, which filed a $4.23 billion bankruptcy nearly a year ago, says it can no longer afford to cover the losses for a 319-bed, in-patient operation that serves only a few dozen people on an average day. But Birmingham, Alabama’s biggest city and the Jefferson County seat, had asked U.S. …

Factbox: Quotes from second U.S. presidential debate

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(Reuters) – President Barack Obama and Republican candidate Mitt Romney met on Tuesday at New York’s Hofstra University for the second of three presidential debates ahead of the November 6 election. Below are some highlights of what the two candidates said. FORMER MASSACHUSETTS GOVERNOR MITT ROMNEY On Obama’s response to Libya attacks: “There was no demonstration involved, it was a terrorist attack and it took a long time for that to be told to the American people. Whether there was some misleading, or instead whether we just didn’t know what happened, you have to ask yourself… …

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Obama comes out swinging after debate – in swing states

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U.S. Republican presidential nominee Romney and U.S. President Obama shakes hands at the start of the second U.S. presidential campaign debate in HempsteadMOUNT VERNON, Iowa (Reuters) – President Barack Obama hit rival Mitt Romney hard on women's issues as he headed back on the campaign trail on Wednesday after a spirited debate performance that re-energized his bid for a second term. A day after a much-improved performance in the second of three presidential debates, a revitalized Obama continued sparring with his Republican opponent, making fun of Romney's comment that he had received "binders full of women" to consider for cabinet positions when he was governor of Massachusetts. …

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