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Top News & Analysis Washington DC

  • The FDA is not required to follow the committee's advice, though it often does. In its review posted ahead of the meeting, the FDA said Kynamro was linked to both benign and cancerous tumors. Jefferies analyst Eun Yang expects "very limited use of Kynamro if approved," due to the safety concerns brought up at the FDA meeting.

  • WASHINGTON-- Mitt Romney's transition team is quietly talking with government officials and Capitol Hill to develop a plan, if he's elected, to prevent massive cuts to the defense budget and extend tax cuts first passed under President George W. Bush. The economic policy planning is a major element of what's dubbed " The Readiness Project" inside the campaign.

  • PARMA, Ohio-- Lest anyone forget the importance of Ohio's white, working-class voters, President Barack Obama sent a clear reminder on Thursday. Clinton implored voters to reward Obama for bailing out the auto industry, which has deep roots in Ohio. Ohio is at the center of both Obama and Republican Mitt Romney's campaign strategies.

  • Todd Akin raised about $1.6 million for his Senate bid in the months after Republican Party officials sought to distance themselves from his comments on "legitimate rape," according to his filings with the Federal Election Commission.

  • Organizers said some 14 million people, including 9.3 million in California, signed up to participate. The drill was held in some Western and southeastern states, as well as Guam, Puerto Rico and parts of Canada and Italy.

  • CHICAGO-- In a modest milestone for President Barack Obama's high-speed rail vision, test runs will start zooming along a small section of the Amtrak line between Chicago and St. Louis at 110 mph Friday. Transportation Secretary Ray LaHood and Illinois Gov.

  • WASHINGTON-- Sales of previously occupied U.S. homes likely slipped last month from a two-year high reached in August, the latest sign that the recovery in housing is slow and uneven. The National Association of Realtors will release the report at 10 a.m. Eastern time Friday.

  • "The extraordinary safety record that has been achieved in the United States ironically could be the single biggest reason the isn't able to act proactively and ensure safety into the future," said Bill Voss, president of the industry-funded Flight Safety Foundation in Alexandria, Va., which promotes global airline safety.

  • WASHINGTON-- President Barack Obama has presided over a heyday for the gun industry despite predictions by the National Rifle Association four years ago that he would be the "most anti-gun president in American history."

  • LOS ANGELES-- Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry. Paid magazine subscriptions were 1.1 percent in the first half of the year, according to the Audit Bureau of Circulations.

  • WASHINGTON-- Those annoying prerecorded phone pitches known as robocalls aren't just getting on the nerves of millions of consumers: The government is fed up too, and it's turning to the public for help, offering a cash reward for the best way to stop the unwanted sales calls.

  • WASHINGTON-- Those annoying prerecorded phone pitches known as robocalls aren't just getting on the nerves of millions of consumers: The government is fed up too, and it's turning to the public for help.

  • NEW YORK-- There was a time when the newsweeklies set the agenda for the nation's conversation _ when Time and Newsweek would digest the events of the week and Americans would wait by their mailboxes to see what was on the covers.

  • JERSEY CITY, N.J.-- Federal environmental officials have declined to reconsider their approval of a 16- mile natural gas pipeline across portions of northern New Jersey and into New York City. A spokesman for the Federal Energy Regulatory Commission says the decision was made at the agency's meeting Thursday in Washington.

  • The report was compiled by the Office of Servicemember Affairs within the Consumer Financial Protection Bureau. The office was created in Congress' Wall Street reform legislation so it could better coordinate with other federal and state agencies on consumer protection issues, as well as be an ombudsman for student loans.

  • NEW YORK-- Total U.S. money market mutual fund assets rose $5.84 billion to $2.568 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets of the nation's retail money market mutual funds fell $940 million to $886.05 billion, the Washington- based mutual fund trade group said Thursday.

  • ALBANY, N.Y.-- The digital divide is wider than ever between diners who talk, tweet and snap pictures mid-meal and those who wish they'd just shut up, shut down and be present. "There's no place to get away from the chatter," said Julie Liberty of Miami, who started the Facebook page "Ban Cell Phones From Restaurants" earlier this year. "

  • Michele Bachmann's tendency to cause a ruckus on Capitol Hill made her a tea party sensation. Allen West of Florida, Steve King of Iowa and Joe Walsh of Illinois are all embroiled in tough and expensive races that are drawing plenty of spending by friends and foes from around the country.

  • WASHINGTON-- The Carlyle Group LP on Thursday completed its acquisition of a controlling stake in Getty Images Inc. in a deal worth about $3.3 billion. The private equity firm partnered with Getty's co-founders, Mark Getty and Jonathan Klein, and with the Getty family in buying the company from another private equity firm, Hellman& Friedman.

  • WASHINGTON-- The Carlyle Group on Thursday completed its acquisition of a controlling stake in Getty Images Inc. in a deal worth about $3.3 billion. The private equity firm partnered with Getty's co-founders, Mark Getty and Jonathan Klein, and with the Getty family in buying the company from another private equity firm, Hellman& Friedman.