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.
AP - A Somali-born Norwegian citizen pleaded not guilty Tuesday to charges of sending over $30,000 to top leaders of an al-Qaida-linked Somali militant group at the start of the first trial under Norway's 2002 terror financing law.
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 - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC said its chairman is leaving to go into government.
Reuters - 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.
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.
Reuters - Coca-Cola Enterprises said it expects revenue to increase 4 percent to 6 percent annually, with earnings per share up in the high-single digits after its pending deal to sell some operations to Coca-Cola Co closes.
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 - Tropical Storm Hermine began to lose its punch as it pushed north Tuesday, after causing landslides in northeast Mexico and leaving one Texas town almost entirely without power.
Reuters - Google will launch its new 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.
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.
Time.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?
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.
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.
AP - A wind-whipped wildfire sent flames roaring through a rugged canyon in the Colorado foothills, forcing hundreds of people to flee and destroying dozens of homes — some that belonged to the firefighters themselves, authorities said early Tuesday.
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. ...
AFP - World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.
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 - 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 - Organizers are planning Serbia's first gay pride march in nearly a decade next month — after the one last year was canceled amid threats of violence by extremists.
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.
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.
AFP - US President Barack Obama has pledged 50 billion dollars to create jobs in a massive transportation infrastructure campaign, targeting huge unemployment and ripping resurgent Republicans.
Reuters - China wants to quell tensions with the United States through quiet talk, not shouting matches, a top diplomat told White House advisers on Tuesday, aiming to pave the way for a visit by President Hu Jintao early next year.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.