Reuters - Republicans in Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
AP - A Christian minister said Tuesday that he will go ahead with plans to burn copies of the Quran this weekend to protest the Sept. 11 terrorist attacks despite a warning from the top U.S. general in Afghanistan that doing so would endanger American troops.
AP - President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
Reuters - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away.
Reuters - The State University of New York has adopted new practices to help prevent students from falling victim to deceptive credit card marketing that can burden them with too much debt in tough economic times.
AP - U.S.-led NATO troops in Afghanistan should be able to start handing off responsibility for security to the Kabul government sometime next year, Secretary-General Anders Fogh Rasmussen said Tuesday.
Reuters - Millions of commuters across the British capital struggled to get to work on Tuesday as a 24-hour strike by workers on London's underground rail system crippled much of the network, hurting the city's convalescent economy. Passengers took to bikes, buses, walked, or made use of extra boat services on the River Thames that runs through the city in a bid to beat the stoppage, called in protest at 800 job cuts driven by austerity measures.
AP - The California Highway Patrol says a 1-year-old boy has drowned after his drunken father drove an off-road vehicle into a river in the San Bernardino County desert.
Foreign Policy recently published its 2010 Failed States Index. Perhaps not surprisingly Africa on the whole does not do well. Of the bottom 20 slots, Africa has twelve, including the dubious honor of a clean sweep of the worst five, as well as slots 21 through 23. That’s right — Somalia, Chad, Sudan, Zimbabwe, and [...]
AP - Here are the 20 most economically stressed counties with populations of at least 25,000 and their July 2010 Stress scores, according to The Associated Press Economic Stress Index:
AP - A 36-year-old man who spent much of his adult life in prison was charged Tuesday with murdering a 14-year-old girl whose badly burned body was found behind an asphalt plant where he worked.
Reuters - Stocks fell on Tuesday, led by declines in financial shares as reports on the European banking system renewed worries over the sector's health.
AP - Firefighters ramped up their fight Tuesday against a 3,500-acre wildfire that has forced about 3,000 people to evacuate and destroyed dozens of homes near Boulder, including some that belonged to firefighters.
AP - The flight attendant accused of onboard antics that captured the nation's attention when he told off a passenger and slid down the plane's emergency chute with a beer will undergo a mental health evaluation with the aim of avoiding jail time in a possible plea deal.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AP - Hermine weakened Tuesday but continued dumping heavy rains on a northern crawl through Texas, barely holding on to tropical storm strength but leaving behind a path of widespread power outages and landslides in Mexico.
Reuters - Central bank and regulatory officials agreed tougher new global bank capital rules on Tuesday but will keep investors on tenterhooks until Sunday when formal endorsement is expected.
AFP - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector.
PR Newswire - WASHINGTON, Pa., Sept. 7 /PRNewswire-USNewswire/ -- A series of accidents and environmental concerns illustrate the challenges the natural gas industry poses to the state and the reason why drilling companies need to pay their fair share to address them, Governor Edward G. Rendell said today as he visited southwestern Pennsylvania.
An official of the Cebu International Port (CIP) yesterday confirmed that it is a United States Navy destroyer that has been in the municipal waters of Talisay City since Saturday, and that it is there not for any war exercise but for "rest" and "recreation."
Reuters - Cuba will soon turn some small-scale manufacturing and retail services into cooperatives as the state retreats from minor businesses in an effort to boost the island's troubled economy, government and Communist Party sources said.
AP - Casey's General Stores Inc., which is fending off a hostile takeover bid, said Tuesday that its fiscal first-quarter profit fell 16 percent on fees related to evaluating the takeover offer and higher operating expenses. Its revenue rose 14 percent.
Reuters - China's state-owned chemicals group Sinochem Corp has approached Singapore state investor Temasek to join a consortium that may bid for Canada's Potash Corp , sources with knowledge of the deal said on Tuesday.
The Upshot - How's this sound for a slate of candidates? A homeless tarot card reader, "Grandpa" the pedicab driver and a 20-year-old street performer. Those are the Green Party political hopefuls whom Republican operative Steve May has recruited to run for office in Arizona, the New York Times reports. While the state's community of tarot enthusiasts is [...]
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.
AFP - European rivals are "wasting their time" trying to claw back the 'Thatcher rebate' that returns billions of euros annually to London in place of farm payments to France and Germany, a minister warned on Tuesday.
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.
Politico - Conservative corners of the Internet are buzzing over a Los Angeles school named after former Vice President Al Gore that was built on toxic soil and, some say, poses a health risk to students. (See, Obama: "They Talk About Me Like a Dog")
AFP - Republicans in the US Congress may be able to handle the country's struggling economy better than President Barack Obama's fellow Democrats, according to a new national poll released Tuesday.
AP - Half-buried in rubble, Bazelais Suy struggled to breathe — a dead woman lay on his chest. He knew he had to get her off, fast. Because he could still move his arms, he somehow managed to remove his belt, loop it around the woman's own belt and drag her off. But his legs were still pinned.
The Upshot - A small group associated with a fringe Christian church in Florida is planning to burn Qurans on Sept. 11 -- and is now the subject of outraged protests in Afghanistan. Meanwhile, the top U.S. military commander in Afghanistan warned that the anti-Islamic action could hurt troops in the volatile region. "It could endanger troops and [...]
Reuters - U.S. employers were more aggressive about cutting jobs and otherwise lowering costs during the recession than their peers in other parts of the world, according to a global study by Towers Watson and Co , a global consultancy and professional services firm.
The Upshot - Politicians are expected to give the official nod to their party nominees, but Louisiana Gov. Bobby Jindal is doing no such thing in his home-state Senate race. The Republican governor said over the weekend that he will not be endorsing Republican Sen. David Vitter for reelection this year. "Voters can make up their own minds," [...]
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.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
The Atlantic Wire - On Labor Day, president Obama rolled out a plan to save jobs that included
$50 billion for infrastructure. The Wire already brought you the debate on the political savviness of the move, and whether such a stimulus
would be likely to pass. But there's also the practical question: what
effect would spending $50 billion on infrastructure actually have? Commentators seem to be divided into three camps: one group endorses the move, one backs the general idea of
infrastructure spending but thinks this proposal is too little, too late.
A third camp is against the proposal entirely, opposing the economic
theory behind it and the cost.
AP - Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.
Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.
AP - The crowded rooftop bleachers overlooking Wrigley Field stand as proof that no matter how bad the Chicago Cubs played, the ballpark was simply not big enough to hold everyone who wanted to see them play.
Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.
AFP - The six members of the Gulf Cooperation Council have postponed the implementation on Tuesday of a customs union due to disagreement over sharing tariff revenues and problems meeting World Trade Organisation rules, officials said.
AP - Hipsters, hustlers, celebrities, thieves, dope peddlers and just about everyone else in gritty, quirky Venice Beach know Boston Dawna. You can't miss the one-woman crime fighter.