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Wednesday, August 17, 2011

Obama to lay out new jobs plan in Sept. speech (AP)

Obama to lay out new jobs plan in Sept. speech (AP)

Obama to lay out new jobs plan in Sept. speech (AP)

Posted: 17 Aug 2011 12:14 PM PDT

President Barack Obama speaks during a town hall meeting, Wednesday, Aug. 17, 2011, at Wyffels Hybrids Inc., in Atkinson, Ill., during his three-day economic bus tour. (AP Photo/Carolyn Kaster)AP - Seeking to jolt the economy, President Barack Obama will propose new ideas to create jobs and help the struggling poor and middle class in a major speech after Labor Day. And then he will try to seize political advantage by spending the fall pressuring Congress to act on his plan.

Perry says he doesn't believe in global warming (AP)

Posted: 17 Aug 2011 12:13 PM PDT

Republican presidential candidate, Texas Gov. Rick Perry speaks in Bedford, N.H., Wednesday, Aug. 17, 2011. (AP Photo/Cheryl Senter)AP - GOP presidential candidate Rick Perry told New Hampshire voters Wednesday that he does not believe in manmade global warming, calling it a scientific theory that has not been proven.

Turkey PM compares Syrian leader to Gadhafi (AP)

Posted: 17 Aug 2011 12:21 PM PDT

In this photo taken on a government-organized tour, Syrian soldiers salute residents as they sit atop their armored personnel carrier on their way out of the eastern city of Deir el-Zour, Syria, Tuesday, Aug. 16, 2011. State-run news agency SANA said army units began withdrawing from Deir el-Zour Tuesday after ridding the city of 'armed terrorist gangs' in an operation that lasted several days. (AP Photo/Bassem Tellawi)AP - Turkey's prime minister compared Syria's president to Libya's Moammar Gadhafi on Wednesday, as Damascus defied international calls to end the crackdown on a 5-month-old uprising.

A big bounce, ounce by ounce, as gold takes off (AP)

Posted: 17 Aug 2011 12:41 PM PDT

FILE - In this undated handout file photo from Newmont Mining Corporation, gold nuggets and bars are shown. In December 2007, gold for about $840 an ounce. A little over a year later, it rose above $1,000 for the first time. It climbed gradually for the next two years. Then in March 2011, it began rocketing up. On Tuesday, Aug. 16, 2011, it traded at $1,788 an ounce, up 26 percent this year. (AP Photo/Newmont Mining, File )AP - For what is normally a sleepy month, there are so many customers at the Gold Standard, a New York company that buys jewelry, that it feels like Christmas in August. Uncle Ben's Pawn Shop in Cleveland has never seen a rush like this.

Tornado-stricken Joplin goes back to school (AP)

Posted: 17 Aug 2011 12:03 PM PDT

Juniors Cathrine Parry, left, and Allison Hankins compare schedules on the first day of school at a temporary high school in a converted big-box store in Joplin, Mo. on Wednesday, Aug. 17, 2011. School started on time in the district nearly three months after an EF-5 tornado destroyed six schools and damaged four others along with killing 160 people and devastating a third of the city. (AP Photo/Charlie Riedel)AP - The trophy case by the front entrance is nearly empty. Classroom walls are largely bare, and unopened boxes of textbooks, computer monitors and other equipment remain scattered throughout the building.

New Noah's Ark in Ky. aims to prove truth of Bible (AP)

Posted: 17 Aug 2011 11:50 AM PDT

In this photo taken July 7, 2011, Mike Zovath, co-founder of Answers in Genesis ministries, poses for photos at the Ark Encounter headquarters in Hebron, Ky. The ark will be the centerpiece of a proposed $170 million religious theme park that has been approved for $40 million in taxpayer-funded incentives, upsetting activists who think public tax dollars should not be used to fund a religious theme park. (AP Photo/Dylan Lovan)AP - Tucked away in a nondescript office park in northern Kentucky, Noah's followers are rebuilding his ark. The biblical wooden ship built to weather a worldwide flood was 500 feet long and about 80 feet high, according to Answers in Genesis, a Christian ministry devoted to a literal telling of the Old Testament.

Trial set over KY doctor's amputation of penis (AP)

Posted: 17 Aug 2011 11:48 AM PDT

AP - The dispute between a Kentucky man and a surgeon over the necessity of amputating the patient's penis during surgery in 2008 is set to go to trial this week.

What's the age of the moon? It could be waning (AP)

Posted: 17 Aug 2011 12:17 PM PDT

FILE - In this Thursday, July 21, 2005 file photo, the full moon rises behind the ancient temple of Posseidon, in Sounio about 73 kilometers (45 miles) southeast of Athens. That old moon might not be as antique as we thought, some scientists think. They say it's possible that it isn't a day over 4.4 billion years old. But other astronomers disagree with a new study's conclusions. They think the moon is up to its typical age-defying tricks and is really pushing 4.6 billion as they have suspected all these years. Either way, the new analysis of an important moon rock brought back by the Apollo 16 mission is showing that the moon isn't ready to give up its true age and origins quite yet, even though scientists thought they had it all figured out a decade or two ago. (AP Photo/Petros Giannakouris)AP - That old moon might not be as antique as we thought, some scientist think. They say it's possible that it isn't a day over 4.4 billion years old. But other astronomers disagree with a new study's conclusions. They think the moon is up to its typical age-defying tricks and is really pushing 4.6 billion as they have suspected all these years.

New book claims Coco Chanel was Nazi spy (AP)

Posted: 17 Aug 2011 12:16 PM PDT

American historian Hal Vaughan poses in Paris, Wednesday, Aug. 17, 2011 to present his book 'Sleeping with the Enemy: Coco Chanel's Secret Wars,'. Vaughan's book alleges that iconic French fashion designer Coco Chanel was an anti-Semite and a Nazi spy and agent of Germany's Abwehr military intelligence organization that undertook wartime missions to Berlin and Madrid. (AP Photo/Francois Mori)AP - Coco Chanel: A fashion icon whose name has become shorthand for timeless French chic, a shrewd businesswoman who overcame a childhood of poverty to build a luxury supernova and ... a Nazi spy?

NCAA confirms investigation at Miami (AP)

Posted: 17 Aug 2011 12:09 PM PDT

Television trucks are parked outside of the University of Miami Isadore Hecht Athletic Center in Coral Gables., Fla., Wednesday, Aug. 17, 2011. NCAA investigators were on campus this week to investigate an account by former booster Nevin Shapiro, who claims he treated football players with sex parties, nightclub outings, cars and other gifts. (AP Photo/Lynne Sladky)AP - The NCAA said Wednesday it has been investigating the relationship between a convicted Ponzi scheme artist and the University of Miami for five months, and the allegations — if true — show the need for "serious and fundamental change" in college sports.

Costly tobacco boosts wholesale prices (Reuters)

Posted: 17 Aug 2011 12:07 PM PDT

Reuters - U.S. wholesale prices outside of food and fuel rose at the fastest pace in six months in July as costs for tobacco and light trucks jumped, but weak domestic demand was seen keeping inflation pressures in check.

U.S. stocks falter, Treasuries, Swiss franc up (Reuters)

Posted: 17 Aug 2011 12:28 PM PDT

An investor is reflected in a screen showing stock information at a brokerage house in Shenyang, Liaoning province August 10, 2011. REUTERS/StringerReuters - World equities faltered on Wednesday, pulled down by tumbling U.S. technology stocks and resurgent skittishness after Swiss measures to halt the franc's rise frustrated investors seeking harsher steps.

Merkel and Sarkozy offer no miracle cure for euro (Reuters)

Posted: 17 Aug 2011 09:56 AM PDT

Reuters - New Franco-German proposals to boost fiscal convergence in the euro zone got a cool response from other member states on Wednesday and failed to convince investors the bloc's debt crisis was closer to being solved.

Obama to unveil economic plan in September speech (Reuters)

Posted: 17 Aug 2011 10:44 AM PDT

U.S. President Barack Obama waves to onlookers as he buys ice cream at DeWitt Dairy Treats in DeWitt, Iowa, August 16, 2011. REUTERS/Jason ReedReuters - The White House on Wednesday said President Barack Obama would unveil fresh ideas to jump-start the economy and cut deficits, but details offered so far appeared to be a compilation of old proposals.

Exclusive: Lehman shelves asset management plan (Reuters)

Posted: 17 Aug 2011 12:26 PM PDT

Reuters - Lehman Brothers Holdings Inc will not turn its asset management unit into a long-term business after creditors of the bankrupt investment bank objected.

India protests swell as Anna Hazare fasts (Reuters)

Posted: 17 Aug 2011 07:10 AM PDT

A social activist participates in a protest rally against corruption in Mumbai August 17, 2011. REUTERS/Danish SiddiquiReuters - Protests swelled across India Wednesday in support of a self-styled Gandhian anti-corruption campaigner fasting to the death in jail, with Prime Minister Manmohan Singh's struggling government at a loss over how to end the standoff.

New evidence points to cover-up at Murdoch tabloid (Reuters)

Posted: 17 Aug 2011 11:53 AM PDT

Reuters - New evidence of hacking at Rupert Murdoch's News of the World points to a four-year cover-up by the company, and intensifies focus on Prime Minister David Cameron's judgment in hiring an ex-editor who may now face criminal prosecution.

Apple, Qualcomm, others eye InterDigital (Reuters)

Posted: 17 Aug 2011 11:46 AM PDT

Reuters - Apple Inc, Nokia and Qualcomm Inc are among several technology companies pondering bids for InterDigital Inc, sources familiar with the situation said.
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