Obama and Romney: Where they stand on the issues

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• Obama and Romney: Where they stand on the issues
• Analysis: Latin America's love affair with China may sour
• Factbox: Fed minutes show support for more stimulus rising
• Glum Fed keeping easing options open, minutes show
• Report: Arcing power lines caused Utah wildfire
• Father arrested after daughters found dead in Wis.
• With gov't support, small businesses buy offices
• Electric rates not falling along with fuel costs
• Judge continues to block Mississippi abortion law
• Some corn farmers mow fields as drought worsens
• Al Qaeda suicide bomber attacks Yemen police academy
• W.Va. man accused of enslaving, torturing wife
• Vast wealth didn't shield the Rausings from drugs
• Slap to Obama: GOP House votes to kill health law
• DreamWorks theme park planned at stalled NJ mall
• Florida A&M president resigns in wake of scandal
• UK police arrest 2 journalists in corruption probe
• Democratic leaders urge update from absent Jackson
• Stocks close lower for fifth day straight
• SkyWest orders 100 Mitsubishi regional jets
• Airbus encounters A350 wing drilling problems
• Rape, assault are weapons of war in Syria: rights group
• Assad loses envoy in first diplomatic defection
• UK: 3,500 more troops assigned to Olympics
• Branson to take his children on first space flight
• SEC requires uniform system for US stock exchanges
• UN envoy says Syria president discusses transition
• Democrats block Senate vote on Obama tax plan
• As Olympics near, P&G ramps up marketing effort
• Paterno, in letter, defends Penn St. football
• Mexican army: border city killings down 42 percent
• NY judge revokes bail after hearing murder threats
• White House says "will be prepared" if spending cuts bite
• FIFA names Havelange, Teixeira in kickbacks case
• House Dems fall short in blocking food stamp cuts
• Courtney Love's rep denies ex-assistant's claims
• Scientist names marine parasite after Bob Marley
• Gabor's husband appointed temporary conservator
• GOP-controlled House votes to repeal health law

Obama and Romney: Where they stand on the issues Posted: 11 Jul 2012 01:35 PM PDT A look at where Democratic President Barack Obama and Republican presidential rival Mitt Romney stand on a selection of issues:

Analysis: Latin America's love affair with China may sour Posted: 11 Jul 2012 01:34 PM PDT MEXICO CITY/SANTIAGO (Reuters) - Latin America has developed a dangerous dependency on China as a voracious consumer of commodity exports and the region now faces a potential hit as the huge Asian economy cools. Exports to China by some of Latin America's major economies - Brazil, Colombia, Chile and Peru - have grown 10-fold in value since 2001. China is now the top export destination for all of those counties, except Colombia. ...

Factbox: Fed minutes show support for more stimulus rising Posted: 11 Jul 2012 01:33 PM PDT (Reuters) - Backing among Federal Reserve officials for additional stimulus to revive the weak recovery picked up in June after having fallen off in April and March, a comparison of recent Fed meeting minutes shows. A few policymakers last month felt that more Fed action would likely be necessary - a change from the previous two meetings when official were only cited as supporting further easing if the recovery stumbled. ...

Glum Fed keeping easing options open, minutes show Posted: 11 Jul 2012 01:33 PM PDT WASHINGTON (Reuters) - The U.S. Federal Reserve is open to buying more bonds to stimulate the economy but the recovery might need to weaken for a consensus to build, minutes from the central bank's June meeting released on Wednesday showed. The Fed last month expanded its latest effort to keep long-term interest rates low, announcing it would buy an additional $267 billion in long-term bonds with proceeds from short-term notes in a measure known as Operation Twist. Even given that modest step, many economists expect the U.S. ...

Report: Arcing power lines caused Utah wildfire Posted: 11 Jul 2012 01:31 PM PDT A Utah wildfire that destroyed 52 homes and left one man dead was caused by arcing between power transmission lines that were built too closely together and sent a surge to the ground that ignited dry grass, a fire investigator said Wednesday.

Father arrested after daughters found dead in Wis. Posted: 11 Jul 2012 01:31 PM PDT Authorities say a man suspected of killing his three young daughters called their mother out of the blue and asked to see them.

With gov't support, small businesses buy offices Posted: 11 Jul 2012 01:31 PM PDT Las Vegas dentist Chris Cozine wanted to cut costs after the Great Recession. He found an unlikely way: He ditched the office he was renting and bought 6,600 square feet of his own.

Electric rates not falling along with fuel costs Posted: 11 Jul 2012 01:29 PM PDT A plunge in the price of natural gas has made it cheaper for utilities to produce electricity. But the savings aren't translating to lower rates for customers. Instead, U.S. electricity prices are going up.

Judge continues to block Mississippi abortion law Posted: 11 Jul 2012 01:27 PM PDT A federal judge on Wednesday decided to continue to block a state law that threatened to shut down Mississippi's only abortion clinic and make it nearly impossible for a woman to get the procedure in the state.

Some corn farmers mow fields as drought worsens Posted: 11 Jul 2012 01:27 PM PDT Some cornstalks in fields around the farm where David Kellerman works stand tall, but appearances can be deceiving. When the husks are pulled back, the cobs are empty. No kernels developed as the plants struggled with heat and drought.

Al Qaeda suicide bomber attacks Yemen police academy Posted: 11 Jul 2012 01:27 PM PDT SANAA (Reuters) - A suicide bomber killed at least 10 people outside a police academy in the Yemeni capital Sanaa on Wednesday, dramatically exposing the government's vulnerability to al Qaeda-linked insurgents despite a U.S.-backed offensive against them. Yemeni Interior Minister Abdul Qader Qahtan told state television the death toll was 10, with 15 wounded, some of them in a serious condition. Security officials had earlier put the number of dead at 22. ...

W.Va. man accused of enslaving, torturing wife Posted: 11 Jul 2012 01:26 PM PDT Authorities say a West Virginia man tortured and enslaved his wife for much of the past decade, forcing her to endure two pregnancies and deliveries in shackles.

Vast wealth didn't shield the Rausings from drugs Posted: 11 Jul 2012 01:26 PM PDT When Eva Rausing approached the heavily guarded U.S. Embassy in London's Grosvenor Square four years ago to deal with a routine passport matter, she had to pass through British security, then face an airport-style metal detector so she and her handbag could be scanned for weapons and contraband.

Slap to Obama: GOP House votes to kill health law Posted: 11 Jul 2012 01:26 PM PDT Pressing an election-year point, Republicans pushed yet another bill through the House on Wednesday to repeal the nation's two-year-old health care law, a maneuver that forced Democrats to choose between President Barack Obama's signature domestic achievement and a public that is persistently skeptical of its value.

DreamWorks theme park planned at stalled NJ mall Posted: 11 Jul 2012 01:24 PM PDT Shrek might find a home in the swamps of northern New Jersey.

Florida A&M president resigns in wake of scandal Posted: 11 Jul 2012 01:22 PM PDT The president of Florida A&M University submitted his resignation Wednesday, the same day the university was sued by parents of a drum major who died during a hazing. It was unclear if the two events were related.

UK police arrest 2 journalists in corruption probe Posted: 11 Jul 2012 01:22 PM PDT British police investigating corrupt links between police and reporters said they arrested two journalists for questioning Wednesday.

Democratic leaders urge update from absent Jackson Posted: 11 Jul 2012 01:21 PM PDT Democratic House leaders on Wednesday joined colleagues and constituents in urging Rep. Jesse Jackson Jr. of Illinois, who has been on medical leave for a month without disclosing details about his condition or location, to provide a public update about his condition as soon as possible.

Stocks close lower for fifth day straight Posted: 11 Jul 2012 01:17 PM PDT The Dow Jones industrial average closed lower for the fifth straight day as worries about sluggish economic growth weighed on markets.

SkyWest orders 100 Mitsubishi regional jets Posted: 11 Jul 2012 01:16 PM PDT FARNBOROUGH, England (Reuters) - U.S. regional carrier SkyWest Inc has reached an agreement to buy 100 Mitsubishi Regional Jets in a deal with a potential value of $4 billion at list prices, the companies announced on Wednesday at the Farnborough Airshow. Brad Rich, president of SkyWest Inc, said a majority of the Mitsubishi jets would be used to replace aircraft. His company has about 725 planes. "We're trying to be very proactive in two ways," Rich said. ...

Airbus encounters A350 wing drilling problems Posted: 11 Jul 2012 01:16 PM PDT FARNBOROUGH, England (Reuters) - Airbus has encountered problems in drilling holes in the wings on its new A350 passenger jet, helping to drive shares in parent EADS down on Wednesday as analysts reported signals that the glitches were taking longer than expected to resolve. An Airbus spokeswoman quoted Didier Evrard, the head of the A350 programme, as saying on Wednesday there had been a delay of about four weeks in sorting out software for the robot at Broughton, Wales, that will drill the wings for the A350. ...

Rape, assault are weapons of war in Syria: rights group Posted: 11 Jul 2012 01:15 PM PDT WASHINGTON (Reuters) - Government forces in Syria are targeting women for rape and assault as the conflict between President Bashar al-Assad and anti-government forces continues to escalate, according to a report released by a human rights group on Wednesday. Women Under Siege said it had documented 81 instances of sexual assault in Syria since anti-government demonstrations began in March 2011, with most occurring in the rebel stronghold of Homs, a frequent target of attack by government forces. ...

Assad loses envoy in first diplomatic defection Posted: 11 Jul 2012 01:15 PM PDT BEIRUT (Reuters) - Syria's ambassador to Iraq defected on Wednesday in protest over President Bashar al-Assad's military crackdown on a 16-month uprising, Syrian opposition sources said. Nawaf al-Fares, who has close ties to Syrian security, would be the first senior diplomat to quit the embattled government. There has been no comment from Damascus or Baghdad and the White House said it was unable to confirm the defection, news of which broke just before mediator Kofi Annan briefed the U.N. Security Council on his faltering diplomatic effort to craft a political solution to the crisis. ...

UK: 3,500 more troops assigned to Olympics Posted: 11 Jul 2012 01:15 PM PDT Britain put an extra 3,500 military personnel on standby Wednesday to protect venues at the London Olympics, after a private contractor said it may not be able to provide enough security guards on time.

Branson to take his children on first space flight Posted: 11 Jul 2012 01:14 PM PDT The first space flight of Richard Branson's Virgin Galactic venture will be a family affair: The billionaire adventurer confirmed Wednesday he will be joined by his two adult children.

SEC requires uniform system for US stock exchanges Posted: 11 Jul 2012 01:10 PM PDT U.S. stock exchanges and markets must establish a uniform system for tracking all orders and trades under a rule approved Wednesday.

UN envoy says Syria president discusses transition Posted: 11 Jul 2012 01:07 PM PDT Syrian President Bashar Assad has discussed the possibility of forming a transitional government for his country as proposed by an international conference in Geneva last month, envoy Kofi Annan said Wednesday.

Democrats block Senate vote on Obama tax plan Posted: 11 Jul 2012 01:06 PM PDT Democrats blocked a Senate vote Wednesday on President Barack Obama's plan to extend expiring tax cuts for a year for everyone but the highest-earning Americans as the two parties maneuvered to try embarrassing each other on one of the election year's foremost issues.

As Olympics near, P&G ramps up marketing effort Posted: 11 Jul 2012 01:05 PM PDT If a gold medal could be awarded for Olympic marketing, Procter & Gamble would surely be striving for it.

Paterno, in letter, defends Penn St. football Posted: 11 Jul 2012 01:04 PM PDT Joe Paterno, in a letter written nearly a month before his January death, defends the integrity of the Penn State football program he guided for decades.

Mexican army: border city killings down 42 percent Posted: 11 Jul 2012 01:04 PM PDT The Mexican army says killings by criminal gangs in the northern border city of Ciudad Juarez have fallen 42 percent in the first six months of 2012 as compared to the same period of 2011.

NY judge revokes bail after hearing murder threats Posted: 11 Jul 2012 01:03 PM PDT A judge in New York has ordered an online businessman imprisoned without bail after witnesses said he threatened them with murder or rape when they complained about eyeglass orders.

White House says "will be prepared" if spending cuts bite Posted: 11 Jul 2012 01:02 PM PDT WASHINGTON (Reuters) - The White House said on Wednesday it would be ready if painful automatic spending cuts are triggered next year, but urged Congress to take a "balanced approach" to tackle the federal budget deficit and avoid the controversial sequesters. The United States faces what some economists are calling a 'fiscal cliff' on January 1 as Bush-era tax cuts expire and $1.2 trillion in automatic spending reductions begin to bite, unless Congress agrees to measures that curb the deficit over time. ...

FIFA names Havelange, Teixeira in kickbacks case Posted: 11 Jul 2012 01:02 PM PDT Former FIFA president Joao Havelange and one-time Brazilian soccer leader Ricardo Teixeira received millions of dollars in a World Cup kickbacks scandal, soccer's world governing body confirmed on Wednesday.

House Dems fall short in blocking food stamp cuts Posted: 11 Jul 2012 01:01 PM PDT Democrats fell short in efforts Wednesday to block cuts to the food stamp program as the House Agriculture Committee moved ahead on a half-trillion-dollar bill to fund farm and nutrition programs over the next five years.

Courtney Love's rep denies ex-assistant's claims Posted: 11 Jul 2012 01:00 PM PDT Courtney Love's publicist is disputing claims by the rocker's former assistant that she is owed unpaid wages and was subjected to unethical requests such as instructing her to hire a hacker and falsify legal letters.

Scientist names marine parasite after Bob Marley Posted: 11 Jul 2012 01:00 PM PDT A tiny blood-sucking parasite that infests fish on Caribbean coral reefs has been named after Jamaican reggae icon Bob Marley.

Gabor's husband appointed temporary conservator Posted: 11 Jul 2012 12:59 PM PDT Zsa Zsa Gabor's husband will serve as her temporary conservator under an agreement reached with the ailing actress' daughter and approved by a judge Wednesday.

GOP-controlled House votes to repeal health law Posted: 11 Jul 2012 12:57 PM PDT The Republican-led House has voted to repeal President Barack Obama's health care law. But the election-year move stands no chance in the Democratic-controlled Senate.

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