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The Two-Way
6:44 am
Tue February 14, 2012

Drop In Auto Sales Leads To Smaller-Than-Expected Gain In U.S. Retail Sales

Retail sales rose by 0.4 percent in January, the Commerce Department reported today.

While that's better than December's flat number, it's less than the 0.8 percent expected by economists. The AP adds:

"When excluding autos and gasoline station sales, retail spending jumped 0.6 percent the best showing in three months.

"Consumers spent less on cars, the report showed, even though automakers have previously reported higher sales in January. That suggests dealers offered discounts in order to boost sales.

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The Two-Way
6:33 am
Tue February 14, 2012

Rick Santorum Faces Off With Occupy Movement At Campaign Event

Credit Stephen Brashear / Getty Images
Republican presidential candidate Sen. Rick Santorum speaks to the media on Monday at the state capitol in Olympia, Washington.

As has happened to many of the Republican presidential candidates before him, Rick Santorum was "mic checked" at a campaign rally in Washington, yesterday.

As the Bellingham Herald reports it, Santorum was speaking at a venue right next to the Occupy Tacoma encampment and was met with chants almost as soon as he started talking.

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The Two-Way
6:10 am
Tue February 14, 2012

USS Abraham Lincoln Clears The Strait Of Hormuz

Credit AFP/Getty Images
This January 19, 2012 image provided by the US Navy, shows the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) transiting the Arabian Sea.

For the second time in recent weeks, the USS Abraham Lincoln has passed through the Strait of Hormuz. If you remember the strait has been central in the diplomatic rift between Iran and the United States.

Reacting to sanctions imposed by the United States and approved by the European Union, Iran has threatened to close the narrow strait through which about 20 perent of the world's oil exports passes through.

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The Two-Way
5:46 am
Tue February 14, 2012

Iranian Is Suspected In Bangkok Explosions

Credit Apichart Weerawong / AP
A Thai Explosive Ordnance Disposal (EOD) official examines a backpack that was left on the bomb site by a suspect bomber in Bangkok on Tuesday.

A man thought to be Iranian blew off his legs, when he tried to lob an explosive at police in Bangkok. Shortly before that happened, two other explosions were reported in the commercial district of the city.

The AP reports police found a passport that identified the man as Saeid Moradi from Iran.

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