4:55pm

Wed March 28, 2012
The Two-Way

Despite Losses, Bank Of America CEO Receives Huge Raise

Bank of America CEO Brian Moynihan.
Chuck Burton AP

Despite the fact that Bank of America lost 58 percent of its value in 2011, its CEO received a compensation package worth $7.5 million. That's a six fold increase from the year before. The AP reports that under Brian Moynihan, Bank of America also lost its title as the No. 1 bank by assets to JPMorgan Chase.

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4:50pm

Wed March 28, 2012
Crisis In The Housing Market

Spring Brings Some Green Shoots In Housing Market

Originally published on Fri March 30, 2012 2:14 pm

A recently sold home in Palo Alto, Calif. Home inventory is declining nationwide, and real estate agents say they are seeing more interest among would-be buyers.
Paul Sakuma AP

Housing prices are still declining, but many analysts see some signs for optimism in the housing market. The mild spring has brought buyers out earlier than usual, and real estate agents are busy.

Doug Azarian is one of them. One of his clients recently signed a deal on a $1.5 million house in Cape Cod, Mass. — a contemporary waterfront property with three bedrooms.

"The buyers came in, and they loved it from the minute they walked in the door," Azarian says.

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4:48pm

Wed March 28, 2012
It's All Politics

Rep. Bobby Rush's Hoodie Moment Recalls His Own Family Tragedy

Rep. Bobby Rush who, like Trayvon Martin's parents, lost a son to gun violence.
Anonymous AP

Rep. Bobby Rush made news Wednesday when he raised a hoodie during a House floor speech on the Trayvon Martin tragedy.

The Chicago Democrat was told by Rep. Gregg Harper, the Mississippi Republican presiding over the chamber that he was in violation of the House's rules as Harper repeatedly banged his gavel to get Rush to signal that Rush had gone too far.

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4:15pm

Wed March 28, 2012
The Two-Way

Prosecutor Says A Desire To Win Led To Misconduct In Sen. Stevens' Case

Originally published on Wed March 28, 2012 4:26 pm

Special federal prosecutor Henry F. Schuelke testifies on Capitol Hill in Washington on Wednesday.
Haraz N. Ghanbari AP

A special prosecutor who spent two years exploring Justice Department misconduct in the botched case against late Sen. Ted Stevens (R-Alaska) said "contest living" — the desire to win a big case — explained the failure to follow the rules in one of the biggest political corruption prosecutions in decades.

"[Lawyers] do not want to have to undermine our case if it can possibly be avoided," investigator Hank Schuelke told the Senate Judiciary Committee Wednesday. "That motive to win the case was the principal operative motive."

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4:02pm

Wed March 28, 2012
The Two-Way

Report: Student Loans For K-12 Are On The Rise

Anyone who watched Nursery University — a documentary about the trials and tribulations of getting your toddler in the "right" pre-school — won't be surprised by this story.

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3:54pm

Wed March 28, 2012
Judging The Health Care Law

TRANSCRIPT & AUDIO: Supreme Court: The Health Care Law And Medicaid Expansion

Originally published on Wed April 11, 2012 5:17 pm

  • Listen to Wednesday Afternoon's Supreme Court arguments

The Supreme Court on Wednesday heard the last of three days of oral arguments on the fate of President Obama's health care law. A transcript of Wednesday afternoon's arguments, as prepared by the court, follows.


CHIEF JUSTICE ROBERTS: We will continue argument this afternoon in case 11-400 Florida v. Department of Health and Human Services.

Mr. Clement. ORAL ARGUMENT OF PAUL D. CLEMENT ON BEHALF OF THE PETITIONER MR. CLEMENT: Mr. Chief Justice, and may it please the Court:

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3:40pm

Wed March 28, 2012
Latin America

Pope Wraps Up Cuba Visit With Mass, Castro Meeting

Pope Benedict meets with Fidel Castro in Havana on Wednesday as he wraps up his three-day visit to Cuba. A large crowd turned out for the Mass, though the pope did not meet with dissidents.
Osservatore Romano AP

In the last public event of his three-day visit to the island, Pope Benedict XVI called on Cuba, and the world, to change and choose a path of "love, reconciliation and brotherhood."

After the Mass, the pontiff met with Fidel Castro for a half-hour before departing for Rome, wrapping up a weeklong trip to Mexico and Cuba.

The pope did not meet with Cuban dissidents during his trip, however, drawing criticism from Castro opponents in Cuba and abroad.

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3:21pm

Wed March 28, 2012
The Commonwealth

Early Camping Across Kentucky

The warmer than usual March weather is prompting a fast start to Kentucky’s camping season.  Kentucky Department of Parks spokesman Gil Lawson says many of the 31 campgrounds across the Commonwealth are open for business.  “Typically on most years we open on April first but, with this warm weather we’ve had lots of demand for camping so most of our campgrounds have opened up early in March to allow people to camp,” said Lawson.

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3:10pm

Wed March 28, 2012
State Capitol

State Budget Talks Stall, Again

Budget talks in Frankfort appear to have stalled. Lawmakers have met for three straight days, usually twice a day, to resolve differences between budget proposals passed by the House and Senate. But there are firm disagreements over school construction, cuts to the governor’s office and coal severance projects.

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3:08pm

Wed March 28, 2012
Shots - Health Blog

Supreme Court Cheat Sheet Day 3: Scalia Unplugged

Originally published on Wed March 28, 2012 4:43 pm

Activists gather in front of the U.S. Supreme Court on Wednesday as the court hears a third day of arguments on President Obama's health care law.
Kevin Dietsch UPI /Landov

On the final morning of its three-day health care law extravaganza, the U.S. Supreme Court wrestled with the question of whether parts of the 2010 federal statute can survive if the justices strike down its central tenet: the individual insurance requirement.

In other words, if the nine justices find the insurance mandate unconstitutional when they rule by June, would that mean that the entire law also fails the constitutionality test?

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