TPM News

NEW DELHI (Reuters) – A powerful bomb placed in a briefcase outside the High Court in New Delhi killed at least 11 people and wounded 76 on Wednesday in an attack authorities said was claimed by a South Asian militant group linked to al Qaeda.

QUETTA, Pakistan (Reuters) – Pakistan’s Taliban said its suicide bombers carried out an attack on Wednesday that killed 20 people in the southwestern city of Quetta to avenge the capture of an al Qaeda leader.

BENGHAZI, Libya/AGADEZ, Niger (Reuters) – Muammar Gaddafi was last tracked heading for Libya’s southern border, the man leading the hunt told Reuters, though Burkina Faso again denied on Wednesday any plan to offer the deposed leader refuge.

The Associated Press has this report from Texas, where wildfires have killed four people and burned at least 1,000 homes. Watch:



Much-hyped online discount service Groupon is getting cold feet about going public, the Wall Street Journal reports.

The company has already reportedly canceled an investor roadshow next week. It "isn't cancelling its initial public offering, said this person, but is reassessing the timing for an IPO on a week by week basis," due to stock market voltality The Journal added, citing an anonymous source close to Groupon.

So though the IPO might not be off, it'll likely at least be delayed from it's rumored post-Labor Day, September date.

Sure, the market has been especially shaky lately, but that's still an odd response from a company that was previously gung-ho about its prospects for revenue growth into the future.

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The Los Angeles Country Democratic Party -- the biggest county party in the United States -- doesn't have a clue how much money it has in the bank and is hoping it will be able to make its payroll. The county party treasurer, Kinde Durkee, was arrested over the weekend and charged with moving substantial sums of money to her personal business account and between the accounts of her clients to cover shortfalls.

"I have been chair for 12 years and she predates me," Chairman Eric Bauman told TPM in a phone interview Tuesday. "We never had any issues until this last year or so."

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Updated 8.22 p.m. E.S.T.

She wasn't even there for two full years, and she's gone.

Yahoo's brash and outspoken CEO Carol Bartz has been ousted, according to AllThingsD's Kara Swisher. Yahoo's Chief Financial Officer Tim Morse has been named interim CEO, Swisher reports.

Bartz, 63, had been widely criticized for her leadership of Yahoo, which has been trying to find its feet for many years in a world remade by social media.

The nadir of her tenure at Yahoo came in June when a shareholder piped up during a conference call and called for Bartz to resign after the company's lackluster performance under her tenure.

The shareholder noted that Yahoo's board had been searching for a successor.

Shares of Yahoo ticked up in after-hours trading on the news.

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White House spokesman Jay Carney put only a bit of distance between President Obama and incendiary comments Teamsters President Jimmy Hoffa made warming up a crowd before Obama's pro-union speech Monday.

Hoffa's comments caused a stir in GOP circles with many conservative figures and commentators accusing the Hoffa of inciting violence against Tea Party activists and the members of Congress they support.

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The chairs of the Congressional Progressive Caucus and of the three caucuses of black, Hispanic and Asian members of the House would like a word with President Obama before his Thursday jobs address.

In a Tuesday letter provided by a source, the leaders, who speak for a majority of House Dems, sought to make sure that Obama keeps his eye on the jobs crisis, which has disproportionately hit minority groups.

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