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US Futures Pare Losses, but Trend Still Down

Leon Panetta

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  • FACTBOX-Obama's second-term Cabinet takes shape Friday, 25 Jan 2013 | 8:33 PM ET

    Following is a list of nominations thus far along with some Cabinet members who the White House has confirmed are staying on, and some important positions that are vacant or may soon become vacant.

  • Algeria Expects Heavy Hostage Toll From Siege Sunday, 20 Jan 2013 | 10:30 AM ET
    Algerian policemen stop cars at a checkpoint in In Amenas, deep in the Sahara near the Libyan border.

    Algeria said on Sunday it expected heavy hostage casualties after its troops ended a desert siege, but Western governments warned against criticizing tactics used by their vital ally in the struggle with Islamists across the Sahara.

  • ALGIERS/ IN AMENAS, Algeria, Jan 20- Algerian troops ended a siege by Islamist militants at a gas plant in the Sahara desert where 23 hostages died, with a final assault which killed all the remaining hostage-takers.

  • Algerian Army Stages 'Final Assault' on Gas Plant Saturday, 19 Jan 2013 | 2:50 PM ET
    This is a satellite image of the Amenas, Algeria. Islamist militants held dozens of foreign hostages and hundreds of Algerian workers hostage in a gas field located approximately 45 km from the city.

    The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages.

  • *Fifteen charred bodies found- source. *Western governments not consulted, Algiers faces questions.

  • *Western governments not consulted, Algiers faces questions. ALGIERS/ IN AMENAS, Algeria, Jan 19- More than 20 foreigners were captive or missing inside a desert gas plant on Saturday, nearly two days after the Algerian army launched an assault to free them that saw many hostages killed.

  • Defense Secretary Leon Panetta said on Friday militants who attacked the United States and its citizens will hunted down, in the first comments by a senior U.S. official on a hostage attack by Islamist militants in Algeria. He said the U.S. government was working around the clock to ensure the safe return of its citizens caught up in the Algeria crisis.

  • WRAPUP 6-Some hostages reported to escape Sahara siege Thursday, 17 Jan 2013 | 6:40 AM ET

    *Gunmen demand end to French war in Mali. ALGIERS/ BAMAKO, Jan 17- Some hostages were reported to have escaped from a remote Algerian gas plant on Thursday, where dozens of foreigners and scores of Algerians were seized by Islamist gunmen demanding a halt to a French military campaign in neighbouring Mali.

  • *Gunmen demand end to French war in Mali. ALGIERS/ BAMAKO, Jan 17- Islamist gunmen holding dozens of Western hostages and scores of Algerians at a gas plant deep in the Sahara desert let some them speak to the media on Thursday to warn that they would be blown up if the site is stormed.

  • American Hostages In 'Terror Attack': Panetta  Wednesday, 16 Jan 2013 | 2:13 PM ET

    There has been a "terrorist attack" on a gas facility in Algeria where Americans are among 41 people being held hostage by Islamic militants. Helima Croft of Barclays, offers insight.

  • Sen. Coons on Algerian Gas Facility Attack  Wednesday, 16 Jan 2013 | 2:03 PM ET

    Secretary of Defense Leon Panetta has confirmed Americans and others are being held by Islamic militants after what he calls a "terrorist attack" occurred at a natural gas facility in Algeria. Senator Chris Coons (D-DE), offers insight.

  • BAMAKO, Jan 15- France hit Islamist rebels in Mali with fresh air strikes and deployed armoured cars on Tuesday, stepping up its intervention in the West African state as regional allies struggled to accelerate their plans to send in troops.

  • BAMAKO, Jan 15- France kept up its air strikes against Islamist rebels in Mali as plans to deploy African troops gathered pace on Tuesday amid concerns that delays could endanger a wider mission to dislodge al Qaeda and its allies.

  • BAMAKO/ DUBAI, Jan 15- France will end its intervention in Mali only once stability has returned to the West African country, French President Francois Hollande said on Tuesday, raising the prospects of a costly, drawn-out operation against al Qaeda- linked rebels.

  • Hagel Accepts Nomination  Monday, 7 Jan 2013 | 1:30 PM ET

    Defense Secretary Leon Panetta commends President Obama on his decision to nominate Former Nebraska Sen. Chuck Hagel (R) as the next Secretary of Defense, and counterterrorism adviser John Brennan as director of the CIA; and Sen. Chuck Hagel accepts the President's nomination.

  • WASHINGTON, Jan 2- Pentagon officials and weapons makers on Wednesday expressed relief after Congress approved a two-month delay in huge budget cuts, but warned that a longer-term fiscal solution is urgently needed to lift the uncertainty hanging over the sector. "Congress has prevented the worst possible outcome by delaying sequestration for two months.

  • *Pentagon would have base budget of $527.5 billion. WASHINGTON, Dec 18- U.S. lawmakers merged the competing House and Senate versions of the annual defense policy bill on Tuesday, approving a measure that authorizes $633.3 billion in defense spending for 2013, expands U.S. sanctions on Iran and strikes restrictions on biofuel use.

  • *White House warned measure could harm ties with allies. WASHINGTON, Dec 18- House of Representatives and Senate negotiators on Tuesday defied the White House and passed a defense budget bill that bans funding for the final year of a joint ground-based missile defense program with Italy and Germany.

  • Government: Obama's Second Term Cabinet Wednesday, 5 Dec 2012 | 2:11 PM ET

    Who will fill roles at State, Treasury and Defense?

  • BOSTON, Oct 31- The U.S. Department of Homeland Security is considering setting up a ``Cyber Reserve'' of computer security experts who could be called upon in the event of a crippling cyber attack. ``The status quo is not acceptable,'' DHS Deputy Secretary Jane Holl Lute told Reuters in a recent interview. ``We are not standing around.