Sen. Saxby Chambliss, R-Ga., won't seek re-election next year, he announced Friday.
The conservative Capitol Hill veteran faced recent criticism from the right for seeking a bipartisan compromise on deficit issues, and for being among the first high-level Republicans to question fidelity to Grover Norquist's no-new-taxes pledge after the November elections.
Those stances had raised speculation about a possible Tea Party-backed GOP primary challenge next year, when Chambliss would have been seeking a third six-year term.
In this Oct. 20, 2012 photo, people line up to enter a newly opened Apple Store in Beijing. Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter.
Apple stock has dropped sharply since it announced earnings that disappointed analysts. Now the tech tastemaker is paying another price, losing its crown as the world's most valuable company to Exxon Mobil.
Exxon's market capitalization, the total value of its outstanding stock, was about $417 billion Friday. Apple's was about $413 billion.
Originally published on Fri January 25, 2013 4:38 pm
You thought the economic recovery in the United States was anemic? Try the United Kingdom.
The country learned today that their economy shrank 0.3 percent in the fourth quarter of last year. This puts Britain on the precipice of what The Guardiansays is an "unprecedented" tripple-dip recession. That is, its third recession in four years.