National

11:48am

Fri November 16, 2012
The Two-Way

For The First Time, Palestinians Rocket Jerusalem

Originally published on Sun November 18, 2012 7:26 am

Palestinian militants fire a rocket from the northern Gaza Strip toward southern Israel on Thursday. For the past decade, Palestinians in Gaza have been shooting short-range rockets into southern Israel. But Palestinians fired a much longer range rocket that landed just outside Jerusalem on Friday, a move seen as a major escalation.
Oliver Weiken EPA /LANDOV

Palestinian militants in the Gaza Strip have fired thousands of rockets into southern Israel over the past decade. Yet the one that landed harmlessly in an empty field south of Jerusalem on Friday could be as significant as all of the rockets that came before.

With that lone launch, the Palestinians demonstrated for the first time that they now have the capability to send a weapon the roughly 50 miles from the Gaza border north to Jerusalem.

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11:25am

Fri November 16, 2012
The Two-Way

FHA Announces Moves Designed To Avoid Taxpayer Bailout

Originally published on Fri November 16, 2012 12:40 pm

HUD Secretary Shaun Donovan in May of 2012.
Win McNamee Getty Images

The Federal Housing Administration is on track to run out of money next September and may need a taxpayer bailout, an audit released today found.

Responding to the audit, however, the Obama administration announced a series of measures that they hope will raise enough revenue to keep the agency from seeking government help.

The Wall Street Journal explains:

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9:59am

Fri November 16, 2012
The Two-Way

Fire On Oil Rig In Gulf Of Mexico Leaves 11 Injured

Originally published on Fri November 16, 2012 11:33 am

Update at 1:26 p.m. ET. No Confirmed Deaths:

The U.S. Coast Guard tells WWLTV that 11 people have been sent to hospital but no deaths have been confirmed in a oil rig fire off the coast of Louisiana.

WWLTV, KHOU and Reuters were reporting two deaths earlier.

Our Original Post Continues:

A fire on an oil rig off the coast of Louisiana has killed two people, Louisiana's WWLTV is reporting.

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8:53am

Fri November 16, 2012
The Two-Way

Japan Sets Date For National Election

Japanese prime minister Yoshihiko Noda
Vincnt Thian AP

Unpopular Japanese prime minister Yoshihiko Noda dissolved Japan's lower house of parliament today, and called for national elections. Voters have increasingly disapproved of Noda, his predecessor and their Democratic Party of Japan since the tsunami and earthquake in March, 2011.

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8:13am

Fri November 16, 2012
The Two-Way

Fiscal Cliff Talks Get Started

Originally published on Fri November 16, 2012 10:13 am

Getting started: President Obama and House Speaker John Boehner, R-Ohio, at the start of today's meeting.
Larry Downing Reuters /Landov

President Obama and congressional leaders from both major parties met at the White House this morning for the first of what will likely be many negotiations aimed at averting a plunge over the so-called fiscal cliff.

We watched for news from the key players — who include House Speaker John Boehner, R-Ohio — and updated with highlights.

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