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Diamond gets top Barclays job (Reuters)

Barclays Plc President Bob Diamond makes his way to the U.S. Bankruptcy Court in New York June 22, 2010. REUTERS/Keith BedfordReuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as group chief executive next year and HSBC was expected to announce later that its chairman is going into government.


Wall St futures signal weaker start for stocks (Reuters)

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - LONDON (Reuters) Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.7 percent, pointing to a weaker start on Wall Street on Tuesday.


EU considers new bank levy to shield taxpayers (AP)

From left, European Central Bank President Jean Claude Trichet, Belgian Finance Minister Didier Reynders, and Spanish Finance Minister Elena Salgado speak during a meeting of EU finance ministers at the EU Council building in Brussels on Tuesday, Sept. 7, 2010. European finance ministers meet Tuesday to discuss taxes on banks. (AP Photo/Virginia Mayo)AP - European Union countries will discuss a possible levy on banks and a tax on financial transactions to better control market forces and protect public finances from the costs of bailouts, as they gather Tuesday in an atmosphere more benign than when they last met in July.


Obama Unpopular Ahead of Midterms: Will the GOP Benefit? (Time.com)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningTime.com - Nine weeks before the midterm elections, Barack Obama finds himself on the wrong side of the polls. Where did all that adoration go -- and is a Republican sweep next?


Report: China passenger car sales up 18 pct in Aug (AP)

AP - Sales of passenger cars in China — the world's biggest market — rose 18 percent in August from a year earlier, a report said Tuesday, as government subsidies and price cuts by dealers helped spur demand.

Colorado wildfire destroys dozens of homes (AP)

Kurt Rieder, in white hat, with his 9 year old daughter Lily watch the smoke plume from a wildland fire burning in the Four Mile Canyon area just west of Boulder Colo. on Monday, Sept. 6, 2010. High winds pushed the smoke and ash eastward over the Colorado plains. (AP Photo/Peter M. Fredin)AP - A fire marshal says a wind-whipped wildfire that has sent flames roaring through a rugged canyon in the Colorado foothills has destroyed dozens of homes.


Indian states crippled by trade union strike

A strike called by trade unions in India on Tuesday to protest against rising prices and alleged anti-labour policies crippled life in the east and south of the country in Communist-ruled states.

Protest over fatal shooting by LAPD turns violent (AP)

AP - A protest over the fatal police shooting of a Guatemalan immigrant turned violent when some demonstrators threw bottles at officers, set trash cans on fire and refused to disperse.

Oil falls below $74 as traders look to US economy (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Oil prices fell to near $74 a barrel Tuesday in Asia as investors mull the strength of the U.S. economy and demand for crude.


No recession here: Election spending sets records (AP)

FILE - In this Sept. 1, 2010, file photo, California Republican gubernatorial candidate Meg Whitman speaks in Folsom, Calif.  This year's volatile election is bursting at the seams with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign finance rules.(AP Photo/Rich Pedroncelli, File)AP - Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.


Obama getting fewer judges confirmed than Nixon (AP)

US President Barack Obama makes remarks on the economy at the Milwaukee Laborfest in Milwaukee, Wisconsin. US Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.(AFP/Tim Sloan)AP - A determined Republican stall campaign in the Senate has sidetracked so many of the men and women nominated by President Barack Obama for judgeships that he has put fewer people on the bench than any president since Richard Nixon at a similar point in his first term 40 years ago.


Tropical Storm Hermine crosses into Texas (AP)

This NOAA GOES National Weather Service satellite image shows tropical storm Hermine. Hermine made landfall in far northeastern Mexico, threatening storm surges and tornadoes in the US-Mexico border area, US forecasters said.(AFP/NOAA-HO)AP - Tropical Storm Hermine rolled into south Texas early Tuesday, bringing heavy rains and strong winds to an area battered by Hurricane Alex earlier this summer.


Oracle hires former HP's Mark Hurd (Reuters)

Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California, in this July 24, 2009 file photo. REUTERS/Fred Prouser/FilesReuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.


Justice department probes Google's ITA Software deal: report (Reuters)

People walk towards the Google China headquarters in Beijing March 23, 2010. REUTERS/Jason LeeReuters - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.


Strong yuan would hurt China: economists (Reuters)

Reuters - China must resist external pressure for yuan appreciation because a stronger exchange rate would take a big bite out of economic growth, according to a pair of senior government researchers.

Imam behind NYC mosque back in US after Gulf trip (AP)

VIDEO: The proposed construction of a 100-million-dollar, 13-story mosque and Islamic center near Ground Zero in New York City, has stirred raw emotions in the United States as the country prepares to mark the ninth anniversary of the September 11 attacks. Duration: 01:00(afp.com)AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.


Imam behind NYC mosque back in US after Gulf trip (AP)

VIDEO: The proposed construction of a 100-million-dollar, 13-story mosque and Islamic center near Ground Zero in New York City, has stirred raw emotions in the United States as the country prepares to mark the ninth anniversary of the September 11 attacks. Duration: 01:00(afp.com)AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.


United States tops Angola to reach quarterfinal

ISTANBUL (AP) — Before it can win a world championship, the United States needed to start looking like a world champion. Kevin Durant, Chauncey Billups and the rest of the Americans finally had that appearance yesterday, powering into the quarterfinals with a 121-66 victory over Angola.

District Polls Are Troubling Signs for Democrats (CQPolitics.com)

CQPolitics.com - While serious Democratic observers worry whether their party can somehow hang on to 218 seats in the House, more than a few Republican strategists and neutral observers have become convinced that the GOP is on the cusp of a stunning victory that could at least equal the party's 52-seat 1994 gain.

Spratt Tries to Budget for Fall Victory (CQPolitics.com)

CQPolitics.com - YORK, S.C. -- Rep. John M. Spratt Jr. had just finished opening the 27th annual Summerfest fair here in his hometown when he came face to face with a former donor who was, at that moment, only interested in giving the Congressman a piece of his mind.

States drafting river rules

HARTFORD, Conn. (AP) -- Water is plentiful, but that's not stopping several New England states from drafting regulations to ensure it's available despite droughts, heat spells and development pressures.

Obama seeks biz equipment write-off (Politico)

Politico - The new proposal would allow companies to write off 100 percent of their investments in new plants.

Obama assails GOP, promotes new jobs program (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.


Obama assails GOP, promotes new jobs program (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.


Obama kicks off campaign with infrastructure plan (Reuters)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.


Plane crash on NV street kills 1, injures 3 (AP)

In this framegrab made from video provided by KTNV via APTN, wreckage of a single-engine Piper Cherokee on a residential street in Henderson, Nev. The small plane crashed and burst into flames on a street in a southern Nevada residential neighborhood Monday, killing one person and badly injuring three others, authorities said. (AP Photo/KTNV via APTN)AP - A small plane crashed and burst into flames on a street in a southern Nevada residential neighborhood Monday, killing one person and badly injuring three others, authorities said.


Westin leaving ABC News (Politico)

Politico - The president of ABC News announces in a staff e-mail that he's stepping down after 13 years.

Obama to propose plant, equipment tax write-off (Reuters)

Reuters - President Barack Obama will propose on Wednesday that businesses be allowed to write off all their new investments in plant and equipment through 2011, an administration official said on Monday.

Little Rock 9 member Jefferson Thomas dies in Ohio (AP)

FILE - Jefferson Thomas in 1957, one of  nine African American who integrated Little Rock Central High School while federal troops patrolled the campus, is seen in an 1957 file photo. Jefferson Thomas died Sunday, Sept. 5, 2010 in Columbus, Ohio, said fellow Little Rock Nine member Minnijean Trickey Brown. He was 68. (AP Photo, File)AP - Jefferson Thomas was fast and athletic and often played pickup basketball with white students while growing up in Little Rock in the 1950s.


The United States Sees Its Tennis Identity Fade

While countries like Spain produce players with similar styles, the United States has struggled to develop young stars.

As Democrats fear rout, Obama launches new jobs push (AFP)

US President Barack Obama makes remarks on the economy at the Milwaukee Laborfest in Milwaukee, Wisconsin. US Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.(AFP/Tim Sloan)AFP - US President Barack Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.


Army: Ex-soldier takes 3 hospital workers hostage (AP)

AP - A former Army soldier seeking help for mental problems at a Georgia military hospital took three workers hostage at gunpoint Monday before authorities persuaded him to surrender.

Rep. Frank faces town hall foe in Mass. primary (AP)

FILE - In this Monday, April 6, 2009 file photo, U.S. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, addresses an audience at the John F. Kennedy School of Government, on the campus of Harvard University, in Cambridge, Mass. Frank faces opposition in the Sept. 14, 2010 primary.   (AP Photo/Steven Senne, File)AP - Massachusetts Rep. Barney Frank's retort was an Internet sensation.


US won't say if blowout preventer on way to shore (AP)

Oil drums are seen sitting in flood waters in the town of Shepparton, 220 km (137 miles) north of Melbourne September 7, 2010. Oil extended losses on Tuesday as the dollar strengthened and Tropical Storm Hermine showed no signs of disrupting crude or refining output around the Gulf of Mexico.
REUTERS/Mick Tsikas    (AUSTRALIA - Tags: BUSINESS ENERGY)AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.


US won't say if blowout preventer on way to shore (AP)

Oil drums are seen sitting in flood waters in the town of Shepparton, 220 km (137 miles) north of Melbourne September 7, 2010. Oil extended losses on Tuesday as the dollar strengthened and Tropical Storm Hermine showed no signs of disrupting crude or refining output around the Gulf of Mexico.
REUTERS/Mick Tsikas    (AUSTRALIA - Tags: BUSINESS ENERGY)AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.


(AP)

AP - President Obama says rewarding greed, recklessness, special interests won't fix economy.

The glittering Gulf states' dark labor secret

The rise of the Arab states of the Persian Gulf is a now-familiar tale. Tiny societies of pearl divers, coastal merchants, and nomadic Bedouin were transformed in the last half of the 20th century by oil and natural-gas wealth. Sparkling office towers and hotels sprang into the muggy air, the monarchs that rule these tiny emirates became bywords for financial excess, and newspapers described the ...

Colleges buy land they don't know how they'll use (AP)

AP - Colleges and universities are buying up chunks of land at bargain prices, sometimes without a clear idea how they'll be used.

Counselors monitoring prison officers with PTSD (AP)

AP - John Brownfield Jr. became a corrections officer following deployments to Afghanistan and Iraq.

Montana plane crash revives 'lap child' debate (AP)

AP - Federal transportation safety officials are using the deadly crash of an overloaded plane in Montana to revive a long-standing debate about whether small children should be allowed to travel on the laps of adults.

NY cigarette tax plans raise reservation tensions (AP)

FILE - In this Sept. 1, 2010 file photo, a rally attendee positions himself along the I-90 thruway on the Cattaraugus Indian Reservation to protest the proposed New York state cigarette tax to non-Native American consumers in Irving, N.Y.  (AP Photo/Don Heupel, File)AP - As New York Indian Nation leaders battle in courtrooms to preserve their tax-free cigarette market, tensions are rising on reservations, where the state's renewed efforts to tax sales to non-Native customers is viewed as yet another attack on Native American rights.


Greeting card giant Hallmark heads for 2nd century (AP)

Rich LaPierre, a Hallmark Cards Inc. designer for the Peanuts line, works on artwork during a 100-year anniversary reception at the company's headquarter Tuesday, July 20, 2010, in Kansas City, Mo. Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.   (AP Photo/Ed Zurga)AP - Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.


Greeting card giant Hallmark heads for 2nd century (AP)

Rich LaPierre, a Hallmark Cards Inc. designer for the Peanuts line, works on artwork during a 100-year anniversary reception at the company's headquarter Tuesday, July 20, 2010, in Kansas City, Mo. Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.   (AP Photo/Ed Zurga)AP - Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.


United States advances to quarterfinals with 55-point rout of Angola

ISTANBUL -- Chauncey Billups scored 19 points, Kevin Durant had 17, and the United States powered into the quarterfinals of the world championship with a 121-66 victory over Angola on Monday. With Durant scoring 17 and Billups 16 in the first half, the Americans saved their most impressive performance in...

US investors seek pay for pre-WWII German bonds (AP)

In a Wednesday, July 14, 2010 photo, attorney James Lowy holds up one of his favorite unpaid German bonds as several others cover his desk at his office, in Tampa, Fla. (AP Photo/Chris O'Meara)AP - More than 80 years ago, Germany sold tens of thousands of bonds to American investors in an effort to recover financially from World War I. Later, Adolf Hitler used some of the money raised by those bonds to build the powerful Nazi war machine that would ravage Europe during World War II.


WTO to issue Boeing subsidies verdict Sept. 15: source (AFP)

An A320 Airbus aircraft. The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.(AFP/File)AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.


Obama proposed $50 billion to rebuild road, rails and runways (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — President Barack Obama Monday proposes a quick $50 billion boost in federal spending to rebuild roads, railways and runways — a move he says will create jobs and which Democrats hope will improve their election prospects in November.

Fed should not set limit on economy aid: Kohn (Reuters)

Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.

US, China hail warmer relationship (AFP)

China's Vice-Premier Wang Qishan address the press at the end of the third Japan-China High-level Economic Dialogue at the Great Hall of the People in Beijing on August 2010. Qishan said he was looking forward to discussing China-US ties in trade, investment and finance in talks with US Deputy National Security Adviser Thomas Donilon and US National Economic Council Chairman Larry Summers.(AFP/POOL/File/Adrian Bradshaw)AFP - Chinese and US officials congratulated each other Monday on a warming of ties between the two powers, after relations were strained earlier this year.


Yad Vashem gets access to Polish archives (AP)

AP - Israel's Holocaust museum Yad Vashem signed an agreement with Poland on Monday that gives it access to World War II-era documents held in archives across the eastern European country.
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