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Friday, August 12, 2011

US stocks rise after mixed economic news (AP)

US stocks rise after mixed economic news (AP)

US stocks rise after mixed economic news (AP)

Posted: 12 Aug 2011 11:25 AM PDT

John Santiago works on the floor of the New York Stock Exchange Friday, Aug. 12, 2011. (AP Photo/Richard Drew)AP - The mixed economic signals driving the stock market's record-setting swings this week keep coming. But on Friday, even a survey showing Americans are dismayed about the economy didn't stop the gains on Wall Street.

Appeals court strikes health insurance requirement (AP)

Posted: 12 Aug 2011 12:36 PM PDT

FILE - In this March 23, 2010 file photo, President Barack Obama signs the health care bill in the East Room of the White House in Washington. A federal appeals court panel struck down the requirement in President Barack Obama's health care overhaul package that virtually all Americans must carry health care insurance or face penalties. (AP Photo/J. Scott Applewhite, File)AP - A federal appeals court panel on Friday struck down the requirement in President Barack Obama's health care overhaul package that virtually all Americans must carry health insurance or face penalties.

US ports spend big on post-9/11 security (AP)

Posted: 12 Aug 2011 11:27 AM PDT

In this Wednesday, Aug. 10, 2011 photo, a U.S. Customs and Border Protection Officer uses a handheld radiation detector on a container at the Port of Savanna terminal in Garden City, Ga., Wednesday Aug. 10, 2011. The nation’s fourth-busiest container port has spent $12.3 million in federal grants to fortify itself against possible terrorist attacks on the Georgia coast. (AP Photo/Stephen Morton)AP - About $2.5 billion in federal grants paying for 10 years of security upgrades have made a huge difference at America's seaports in the decade since the 9/11 terrorist attacks.

Analysis: Perry may pose biggest threat to Romney (AP)

Posted: 12 Aug 2011 11:23 AM PDT

FILE - In this July 27, 2011, file photo, Texas Gov. Rick Perry speaks at a ceremonial bill signing for a new tort reform measure in Houston. According to Perry spokesman Mark Miner, the Texas governor will announce on Saturday, Aug. 13, that he is running for president. (AP Photo/Pat Sullivan, File)AP - The biggest rumblings in the Republican presidential campaign are coming from Austin, Texas — 1,000 miles from the leadoff caucus state where front-runner Mitt Romney and seven opponents squared off ahead of an important test vote this weekend.

Mideast upheavals open doors for Saudi strategies (AP)

Posted: 12 Aug 2011 11:57 AM PDT

FILE - In this April 28, 2011 file photo, a schoolboy displays a Saudi flag at a bus stop in Hamad Town, Bahrain, west of the capital of Manama. Saudi Arabia is getting bolder in its strategy for dealing with the Middle East's uprisings. No longer waiting for Washington's cue, the kingdom is aggressively trying to influence the region's turmoil and boost its two goals: protect fellow royal houses and isolate its rival Iran. (AP Photo/Hasan Jamali, File)AP - Saudi Arabia is getting bolder in its strategy for dealing with the Middle East's uprisings. No longer waiting for Washington's cue, the kingdom is aggressively trying to influence the regional turmoil and boost its two goals — protect fellow royal houses and isolate its rival, Iran.

Judge: Casey Anthony must come back for probation (AP)

Posted: 12 Aug 2011 12:31 PM PDT

FILE - In this June 8, 2011 file photo, Casey Anthony stands for the entrance of the jury during her murder trial at the Orange County Courthouse in Orlando, Fla. Judge Belvin Perry ruled Friday, Aug. 12, 2011, that Anthony must follow a probation order issued by another judge earlier this month. Anthony has been out of the public eye since she was acquitted last month in the death of her 2-year-old daughter, Caylee. (AP Photo/Joe Burbank, Pool, File)AP - Casey Anthony must return to Orlando within two weeks to serve a year's probation for check fraud, a Florida judge ruled Friday.

Retail sales rose 0.5 percent in July (AP)

Posted: 12 Aug 2011 11:23 AM PDT

FILE - In this Aug. 4, 2011 file photo, shoppers, carrying their purchases, pass H&M, in New York. Consumers spent more on autos, furniture and gasoline in July, pushing up retail sales by the largest amount in four months. The gain could signal that Americans are a little more confident and help dispell fears that the country is in danger of toppling into another recession. (AP Photo/Frank Franklin II)AP - Consumers spent more on autos, furniture, clothing and gas in July, pushing up retail sales by the largest amount in four months. The gain signaled that Americans are a little more confident in the economy and could helped dispel fears that the country is headed for another recession.

London police say nearly 700 charged over riots (AP)

Posted: 12 Aug 2011 12:50 PM PDT

British Home Secretary Theresa May at the burnt out remains of the Sony Distribution Centre in Enfield North London, Friday, Aug. 12, 2011. The high numbers of police officers on the streets will be 'sustained' until further notice, the Home Secretary has said Friday. The number of officers patrolling the streets of London has almost trebled to 16,000 since last weekend to help tackle the violence. During a visit to Enfield, north London, which was hit by rioters on Monday night, she said: 'We will be sustaining the numbers for a period of time. 'We have had some quieter nights but we are not complacent about that. (AP Photo / Lewis Whyld/PA) UNITED KINGDOM OUTAP - Thousands of extra police officers were stationed on Britain's streets Friday, as the country faced its first weekend since riots raged through suburbs and town centers, leaving a scarred landscape of broken glass and torched buildings.

Syrians call for Assad's death; 14 killed (AP)

Posted: 12 Aug 2011 12:07 PM PDT

Anti-Syrian regime protesters of Islamic group, shout slogans as they protest after the Friday prayer to show their support to the Syrian protesters who demonstrate against the Syrian President Bashar Assad, in the southern port city of Sidon, Lebanon, on Friday Aug. 12, 2011. Syrian soldiers opened fire Friday on tens of thousands of protesters who flooded the streets shouting 'We will not kneel!' in a strong show of defiance against President Bashar Assad, whose embattled regime is trying to crush a 5-month-old uprising despite broad international condemnation.(AP Photo/Mohammed Zaatari)AP - Tens of thousands of Syrian protesters shouted for President Bashar Assad's death Friday in a dramatic escalation of their rage and frustration, defying bullets and rooftop snipers after more than a week of intensified military assaults on rebellious cities, activists and witnesses said.

McIlroy has lot of work to do to catch Stricker (AP)

Posted: 12 Aug 2011 11:43 AM PDT

Rory McIlroy, of Northern Ireland, reacts after missing a putt on the 18th hole during the second round of the PGA Championship golf tournament Friday, Aug. 12, 2011, at the Atlanta Athletic Club in Johns Creek, Ga. (AP Photo/Matt Slocum)AP - Just about any other week, Rory McIlroy would've already been heading for home.

Wall St rises on lower volume and mixed data (Reuters)

Posted: 12 Aug 2011 11:41 AM PDT

This October 2008 picture shows Associated Press photographer Richard Drew on the floor of the New York Stock Exchange in New York. While editing his photographs from Sept. 11, 2001 on a large screen back at the office, one image stood out: A man in black pants and a white jacket, one leg bent as he plummeted headfirst from the north tower. Of all the images from that day, it is one of the least often republished. Drew thinks he knows why. 'I think people react to it, because they can relate to that it might be them,' says Drew, who still has the blood-flecked jacket he was wearing the night Robert Kennedy was assassinated. 'And I guess they can relate to it too much.' (AP Photo/Bernadette Tuazon)Reuters - Stocks rose on Friday as mildly encouraging retail sales overshadowed weak consumer sentiment data, with lighter volume reflecting a drop in investor anxiety.

Appeals court rules against Obama healthcare mandate (Reuters)

Posted: 12 Aug 2011 12:25 PM PDT

U.S. President Barack Obama pauses as he speaks at an iftar dinner celebrating Ramadan at the White House in Washington August 10, 2011. REUTERS/Yuri GripasReuters - President Barack Obama's healthcare law suffered a setback Friday when a U.S. appeals court ruled that it was unconstitutional to require all Americans to buy insurance or face a penalty.

Consumer sentiment slumps, retail sales jump (Reuters)

Posted: 12 Aug 2011 10:57 AM PDT

Reuters - Consumer sentiment worsened sharply in early August, falling to the lowest level in more than three decades, even though retail sales posted the biggest gains in four months in July, separate reports on Friday showed.

Syrian forces kill 13 protesters after Friday prayers (Reuters)

Posted: 12 Aug 2011 09:53 AM PDT

EDITOR'S NOTE: REUTERS CANNOT INDEPENDENTLY VERIFY CONTENT OF VIDEO FROM WHICH THIS STILL IMAGE WAS TAKEN. Smoke rises in the city of Deir Al Zour in this undated still image taken from amateur video uploaded on August 8, 2011 and made available to Reuters August 10, 2011. REUTERS/Social media website via Reuters TVReuters - Syrian forces shot dead 13 protesters Friday, activists said, as tens of thousands demanded the overthrow of President Bashar al-Assad, chanting "we will kneel only to God."

Europe short-selling ban reveals divisions (Reuters)

Posted: 12 Aug 2011 11:23 AM PDT

The entrance to the headquarters of French bank Societe Generale, seen in this January 30, 2008 file photo, in La Defense, outside Paris. REUTERS/Benoit Tessier /FilesReuters - A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators Friday, while stronger bank shares pulled Europe's stocks higher.

U.S. Postal Service looks to cut 220,000 jobs (Reuters)

Posted: 12 Aug 2011 11:05 AM PDT

Reuters - The U.S. Postal Service would eliminate about 220,000 full-time jobs and shutter about 300 processing facilities by 2015 under a proposal to bring its finances in order, a postal official said on Friday.

Bachmann, Pawlenty clash in heated debate (Reuters)

Posted: 12 Aug 2011 10:36 AM PDT

U.S. Republican presidential candidates Mitt Romney (L), Michele Bachmann (C) and Tim Pawlenty attend the Republican presidential debate in Ames, Iowa August 11, 2011. REUTERS/Charlie Neibergall/PoolReuters - Republicans Michele Bachmann and Tim Pawlenty clashed repeatedly over their records during a presidential debate on Thursday, two days before they vie for conservative support in a straw poll that could make or break their campaigns.

Obama, CEOs talk markets, global economy woes (Reuters)

Posted: 12 Aug 2011 12:27 PM PDT

U.S. President Barack Obama speaks after he tours an advanced battery facility, Johnson Controls, Inc. in Holland, Michigan, August 11, 2011. REUTERS/Larry DowningReuters - Global financial upheaval was on the agenda on Friday when President Barack Obama met with top executives from the U.S. business community, the White House said.
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