AP - Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing.
AP - Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing.
AP - A federal appeals court on Thursday permitted federal funding of stem cell research to proceed temporarily until the court rules on the merits of the Obama administration's position in the case.
Reuters - Canadian Finance Minister Jim Flaherty said on Thursday he is concerned by the record high trade deficit Canada had in July and he called on the private sector to step up investment to improve productivity and help support economic growth. Canada's monthly trade deficit in July rose more than expected as anemic demand from the United States sapped exports, while imports surged to their highest level since November 2008.
AP - As Florida officials worried about public safety surrounding a small church's plan to burn the Quran, President Barack Obama added his voice to the chorus of opposition to a minister's intention to burn copies of Islam's holiest text to mark the 9/11 terrorist attacks.
AP - New England Patriots quarterback Tom Brady was in a two-car accident near his home on Thursday morning but was unhurt and attended a walk-through practice later in the day.
AP - Authorities in the San Antonio area searched Thursday for a man who drove into a flooded road, making him the fourth person swept away by floodwaters from the remnants of Tropical Storm Hermine.
CQPolitics.com - To mark the one-year anniversary of Rep. Joe Wilson's (R-S.C) infamous "You lie!" moment, his Democratic opponent sent a fundraising solicitation Thursday morning entitled "Joe Wilson's Shame."
AP - A federal appeals court ruled Thursday that Hazleton, Pa., may not enforce its crackdown on illegal immigrants, dealing another blow to 4-year-old regulations that inspired similar measures around the country.
AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.
AP - German chancellor Angela Merkel said Thursday the current economic upswing should benefit workers who were hit by the economic and financial crisis.
AP - The police officer who shot and killed a knife-wielding man whose death has sparked three days of violent protests in Los Angeles had been involved in two previous shootings while on duty, according to a media report.
What's Your Reaction? The attorneys general of at least four states are preparing to sue California if the state's landmark law limiting greenhouse gas emissions survives a challenge at the ballot box this November.
AP - Hundreds of residents evacuated by a wildfire that has destroyed at least 169 houses in the Colorado foothills were being temporarily allowed back to their homes Thursday.
Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.
Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.
AP - Traffic deaths have plummeted across the United States to levels not seen in more than a half century, spurred by technology, more safety-conscious drivers and tougher enforcement of drunken driving laws.
AP - The backers of a proposed Islamic center near ground zero are expressing regrets about creating a firestorm with a plan they thought would be simple and noncontroversial.
AP - The trade deficit narrowed significantly in July as exports climbed to the highest level in nearly two years, reflecting big gains in sales of U.S.-made airplanes and other manufactured goods while imports declined.
Agencies New Delhi Sept 9: Five states, including Gujarat, Maharashtra, Orissa, Andhra Pradesh and Karnataka, attracted about 50 per cent of the total Rs 105 lakh crore investment proposals made in 20 states, a study has said.
AP - Oil prices rose again Thursday, to around $75 a barrel, after the government said jobless claims fell and crude inventories shrank more than expected.
Reuters - Russia should uphold democratic rights and increase political competition if the Kremlin's plans to modernize its economy are to become reality, President Barack Obama's top adviser on Russia said on Thursday.
Reuters - Suicide bombers killed two African Union peacekeepers and a number of civilians at Mogadishu's airport on Thursday in the latest attack on the Somali capital by al Qaeda-linked rebels.
AP - Consumers will get a newly detailed look at exactly what's in common household cleansers, as regulators plan to start enforcing a nearly 40-year-old state law that would force manufacturers to reveal their products' contents.
AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.
AFP - US President Barack Obama gets better marks for his wartime leadership than his stewardship of the sluggish economic recovery, a new opinion poll found Thursday.
AP - The global economic recovery could be slower than expected but another recession remains unlikely — especially if governments don't overdo their spending cuts, a leading international economic body said Thursday.
Reuters - Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a U.S. probe, reviving disclosure headaches for the Wall Street powerhouse.
Reuters - McDonald's Corp reported softer-than-expected August sales in Europe, its biggest revenue market, due to weakness in France, sending its shares down nearly 3 percent.
AP - After a regional airliner crashed in western New York a year and a half ago, killing 50 people, the Obama administration promised swift action to prevent similar tragedies. High on the list: new rules governing the number of hours pilots may work, to prevent tired flight crews from making fatal errors.
AFP - The number of Americans filing new claims for jobless benefits fell faster than expected last week, extending a three-week decline, government data showed Thursday.
AP - The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum.
The Fiscal Times: "Nationally, the number of Medicaid beneficiaries has risen by 8 percent a year since 2008, and 44 states have reported that they will exceed their enrollment and spending growth projections this year, the Kaiser Commission on Medicaid and the Uninsured reported. A dozen other states, including Arizona, Utah, Wisconsin and Maryland, have experienced double-digit annual ...
AFP - The US trade deficit dropped more than expected in July as exports reached their highest level in two years, official data showed Thursday, boosting hopes for the US economic recovery.
AFP - The US trade deficit dropped more than expected in July as exports reached their highest level in two years, official data showed Thursday, boosting hopes for the US economic recovery.
John Horsley, Executive Director of AASHTO, says agency is supportive of President Obama's proposal to immediately invest $50 billion to rebuild roads, expand high speed rail, and rehabilitate airport runways. "If Congress wants to pass legislation investing in our transportation infrastructure, the states stand ready to put those dollars to work," said Horsley. AASHTO January 2010 survey of ...
Reuters - The trade deficit narrowed more than expected in July, as imports retreated and exports shot to their highest since August 2008, according to a government report on Thursday that could lift hopes for third-quarter economic growth.
The Atlantic Wire - In a testy and, at-times, impassioned speech in Cleveland,
President Obama firmly dismissed the "status quo" solutions Republicans
have been proposing and took aim at House Minority Leader John Boehner,
whose philosophy he distilled down to this: he wants to "cut more taxes
for millionaires and cut more rules for corporations." These are the
types of policies, Obama contended, that will inevitably lead to
"stagnant growth, eroding competitiveness, and a shrinking middle
class."
AP - President Barack Obama is exhorting a Florida minister to "listen to those better angels" and call off his plan to engage in a Quran-burning protest this weekend.
BusinessWeek - California Web impostors beware: You may soon be breaking the law, even if you aren't one of the perpetrators targeted by the state's "e-personation" bill.
Five states, including Gujarat, Maharashtra, Orissa, Andhra Pradesh and Karnataka, attracted about 50 per cent of the total Rs 105 lakh crore investment proposals made in 20 states, a study has said.