The Bay Psalm Book, one of 11 surviving copies of the first book printed in America, sold for $14.2 million on Tuesday evening at Sotheby's in New York, setting a new world auction record for any printed book. Although it had been estimated to fetch up to $30 million, it easily surpassed the previous mark of $11.5 million, paid in December 2010 for John James Audubon's "Birds of America." American businessman and philanthropist David Rubenstein purchased the book. "We are thrilled that this book, which is so important to our history and culture, is destined to be widely seen by Americans who can appreciate its singular significance," said David Redden, chairman of Sotheby's books department. "We are of course also thrilled to have achieved a new world auction record price for any printed book, which affirms that books remain a vital part of our culture," he added in a statement.
By Matt Spetalnick WASHINGTON (Reuters) - Americans back a newly brokered nuclear deal with Iran by a 2-to-1 margin and are very wary of the United States resorting to military action against Tehran even if the historic diplomatic effort falls through, a Reuters/Ipsos poll showed on Tuesday. The findings were rare good news in the polls for President Barack Obama, whose approval ratings have dropped in recent weeks because of the botched rollout of his signature healthcare reform law. According to the Reuters/Ipsos survey, 44 percent of Americans support the interim deal reached between Iran and six world powers in Geneva last weekend, and 22 percent oppose it. Even if the Iran deal fails, 49 percent want the United States to then increase sanctions and 31 percent think it should launch further diplomacy.
SEATTLE (AP) — The family of a Washington state woman who leads a vigilante police force in Mexico has enlisted a Seattle human rights group to help push for her release after three months in custody on kidnapping allegations.
NEW YORK (AP) — A tiny book of psalms from 1640, believed to be the first book printed in what's now the United States, sold for just under $14.2 million on Tuesday, setting an auction record for a printed book.
By Joseph Lichterman DETROIT (Reuters) - The committee representing Detroit's retirees in bankruptcy proceedings on Tuesday withdrew its objection to a deal Detroit reached to end some interest-rate swap agreements. The Official Committee of Retirees dropped its objection so the group, which represents about 23,500 retired city workers, could focus on negotiations on other issues with the city, a person familiar with the retiree committee's thinking said. The agreement that Detroit's emergency manager, Kevyn Orr, signed with swaps dealers Merrill Lynch Capital Services and UBS AG would end the interest-rate swap agreements at a discount rate of as much as 25 percent. In exchange, Detroit would save more than $70 million and the city would be able to stop making monthly payments from casino tax revenue to the counterparties.
McLEAN, Va. (AP) — To some of the Americans subjected to mock executions and other torment during more than a year as hostages in Iran more than 30 years ago, it seems like a mistake to trust the regime in Tehran to keep its promises in a nuclear deal brokered by the U.S. and other world powers.
WASHINGTON (AP) — Days after China asserted greater military control over a swath of the East China Sea to bolster claims to a cluster of disputed islands, the U.S. defied the move Tuesday as it flew two B-52 bombers through the area.
By David Adams MIAMI (Reuters) - Cuba is shutting down nearly all of its consular services in the United States until further notice after it said no bank would handle its business, the government announced on Tuesday, blaming the situation on the longstanding U.S. economic embargo. The decision threatens to disrupt a recent surge in travel between the United States and Cuba on the eve of the busy holiday season, as well as the Obama administration's "people-to-people" policy of increased contact with Cuba. The Cuban Interests Section, Havana's diplomatic mission in Washington, said in a news release that it was informed in July by its bank, M&T Bank, that it would no longer provide banking services to foreign missions. The Obama administration tried to convince M&T to keep the account active, according to a U.S. official.
NEW YORK (AP) — Thanksgiving travelers scrambled to book earlier flights Tuesday to avoid a sprawling storm bearing down on the East Coast with a messy mix of snow, rain and wind that threatened to snarl one of the busiest travel days of the year and ground giant balloon versions of Snoopy and SpongeBob SquarePants in the Macy's parade.
By Kim Palmer CLEVELAND (Reuters) - The top school official in Steubenville, Ohio, has been put on leave after his indictment on charges that he obstructed an investigation into the rape of a drunk teenage girl at a party in 2012, the district school board said Tuesday. In addition to the superintendent, the district also placed on administrative leave an elementary school principal and a special education teacher, who were both accused in indictments of failing to report child abuse or neglect. It named former Steubenville Superintendent Richard Ranallo as acting superintendent. The rape case drew national attention to Steubenville, a town about 40 miles west of Pittsburgh, after a photo and video that appeared to document the assault of the 16-year-old girl were posted online.
By Ian Simpson WASHINGTON (Reuters) - A powerful storm dumped heavy rain and snow over much of the eastern United States on Tuesday, threatening to snarl travel plans for millions of people over the busy Thanksgiving holiday, forecasters said. The Atlantic coast into New England will be drenched with 2 to 4 inches of rain by late Wednesday, the day before Thanksgiving, as the storm moves northeast out of the South, said the National Weather Service. The windswept rain will pound the Atlantic corridor from Richmond, Virginia, as far north as Portland, Maine, likely causing poor visibility, flight delays and urban flooding, said online forecasters Accuweather.com. The Thanksgiving holiday is one of the nation's busiest travel times.
OKLAHOMA CITY (AP) — An Oklahoma jury Tuesday convicted a veteran police captain of first-degree manslaughter in the death of an unarmed teenager who was running away after scuffling with the officer.