Today: REUTERS News, Jul 21, 2011

Search

ALS, Alexander Language Schools Franchise


Jul 21, 2011

REUTERS News, Jul 21, 2011

Germany, France reach accord on Greek bailout
Wed,20 Jul 2011 09:46 PM PDT
Reuters -
photoBERLIN/PARIS (Reuters) - Germany and France have reached a common position on a second bailout of Greece in their effort to prevent the country's debt crisis from spreading through Europe, officials said Thursday.

Obama open to short-term debt fix if big deal agreed
Wed,20 Jul 2011 08:23 PM PDT
Reuters -
photoWASHINGTON (Reuters) - The White House signaled on Wednesday it could support a short-term increase in the U.S. borrowing limit for "a few days" if lawmakers agreed to a broad deficit reduction deal but needed more time to pass it.

Exclusive: Fed planning for potential default
Wed,20 Jul 2011 02:07 PM PDT
Reuters -
photoPHILADELPHIA (Reuters) - The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14.3 trillion borrowing limit looms, a top Fed policymaker said on Wednesday.

New poll carries warning signs for Obama in 2012
Wed,20 Jul 2011 04:28 PM PDT
Reuters -
photoWASHINGTON (Reuters) - A poll released on Wednesday carried warning signs for President Barack Obama's re-election chances in 2012.

States negotiating immunity for banks over foreclosures
Wed,20 Jul 2011 03:24 PM PDT
Reuters -
photoNEW YORK (Reuters) - State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents.

Cameron "regrets" hiring scandal-hit tabloid editor
Wed,20 Jul 2011 08:01 PM PDT
Reuters -
photoLONDON (Reuters) - Prime Minister David Cameron, defending his integrity to parliament in emergency session on Wednesday, said he regretted hiring a journalist at the heart of a scandal that has rocked Britain's press, police and politics.

Intel backs off PC market outlook, shares slide
Wed,20 Jul 2011 05:19 PM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Intel Corp trimmed its forecast for 2011 personal computer unit sales, warning of softness in mature markets and sending its shares down more than 1 percent even as its revenue outlook beat estimates.

Rules for financial giants on track: Bernanke
Wed,20 Jul 2011 03:45 PM PDT
Reuters - WASHINGTON (Reuters) - Regulators will soon lay out rules governing financial firms so large their collapse could rattle global markets, Federal Reserve Chairman Ben Bernanke said. Full Story

Astronauts close shuttle doors for last flight home
Wed,20 Jul 2011 11:32 PM PDT
Reuters -
photoCAPE CANAVERAL, Florida (Reuters) - The shuttle Atlantis astronauts closed their spaceship's cargo bay doors on Thursday, aiming to conclude the final U.S. space shuttle mission with a predawn landing at the Kennedy Space Center in Florida.

Chiesi gets 2-1/2 years prison in insider case
Wed,20 Jul 2011 02:28 PM PDT
Reuters -
photoNEW YORK (Reuters) - Danielle Chiesi, a former hedge fund trader and key defendant in the sprawling Galleon Group insider trading case, was sentenced on Wednesday to 2-1/2 years in prison, and the presiding judge gave a stern warning to others on Wall Street considering breaking the law.

Drug trade menaces Afghanistan despite progress: U.S.
Wed,20 Jul 2011 03:41 PM PDT
Reuters -
photoWASHINGTON (Reuters) - The United States has made headway in building up Afghanistan's counternarcotics forces, but the war-torn country needs more international help to hold onto those fragile gains, U.S. officials said on Wednesday.

Apple rolls out new Macs, shares set record
Wed,20 Jul 2011 02:55 PM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Apple Inc shares flirted with a record $400 on Wednesday, a day after the world's most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades.

Obama open to short-term debt fix if big deal agreed
Wed,20 Jul 2011 04:14 PM PDT
Reuters -
photoWASHINGTON (Reuters) - The White House signaled on Wednesday it could support a short-term increase in the U.S. borrowing limit for "a few days" if lawmakers agreed to a broad deficit reduction deal but needed more time to pass it.

Germany, France reach accord on Greek bailout
Wed,20 Jul 2011 04:46 PM PDT
Reuters -
photoBERLIN/PARIS (Reuters) - Germany and France have reached a common position on a second bailout of Greece in their effort to prevent the country's debt crisis from spreading through Europe, officials said on Thursday.

Intel pulls back PC market outlook, shares slide
Wed,20 Jul 2011 03:19 PM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Intel Corp trimmed its forecast for 2011 personal computer unit sales, warning of softness in mature markets and sending its shares more than 1 percent lower.

photoNEW YORK (Reuters) - Fitch Ratings said on Wednesday it will decide next month whether the United States deserves to keep a stable outlook on its AAA credit rating as it concludes a review of the country's economic and fiscal outlook.

UK's Cameron defends his staff over hacking row
Wed,20 Jul 2011 04:22 AM PDT
Reuters -
photoLONDON (Reuters) - British Prime Minister David Cameron on Wednesday defended the way his staff dealt with the police over claims of phone-hacking and bribery at Rupert Murdoch's UK newspapers.

Mortgage applications see biggest increase in 4 months
Wed,20 Jul 2011 05:33 AM PDT
Reuters -
photoNEW YORK (Reuters) - Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rates remained low, an industry group said on Wednesday.

High cancellations depress homes sales
Wed,20 Jul 2011 02:41 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Sales of previously owned U.S. homes hit a seven-month low in June as demand for condominiums fell and contract cancellations surged, dampening hopes the distressed housing market was starting to improve.

photoLONDON (Reuters) - In a small, semi-detached house overlooking a park in the unlovely south London suburb of Croydon, Jorge Salgado-Reyes sits at a glass-topped desk in his living room plying his trade as a private eye.

Serbia arrests last major war crimes fugitive
Wed,20 Jul 2011 03:54 PM PDT
Reuters -
photoBELGRADE (Reuters) - Serbia arrested the last major war crimes suspect from the 1990s Yugoslav conflicts on Wednesday, closing what its president called a "burdensome" page in the country's history and boosting its hopes of joining the European Union.

photoPARIS (Reuters) - As a boy, Gary Reiswig would take his grandfather by the hand and guide him on walks around the family farm in western Oklahoma.

China urges U.S. to boost confidence in debt, dollar
Wed,20 Jul 2011 01:07 AM PDT
Reuters -
photoBEIJING (Reuters) - China pressed the United States to take "responsible" measures to boost market confidence in the dollar and U.S. government debt on Wednesday, underscoring investor worries that Washington could default on its debt.

photoNEW YORK (Reuters) - It looked like it was time for a changing of the guard at News Corp.

EU banks face fines if they fall short on capital
Wed,20 Jul 2011 06:44 AM PDT
Reuters - LONDON (Reuters) - Banks in the European Union could face fines of up to 10 percent of turnover if they fail to comply with tougher capital and liquidity rules, the bloc's financial services chief said on Wednesday. Full Story

Analysis: Is Britain more corrupt than it thinks?
Wed,20 Jul 2011 03:44 AM PDT
Reuters -
photoLONDON (Reuters) - Britons love to lecture the world about integrity and the rule of law, but the News of the World phone hacking scandal has laid bare a web of collusion between money, power, media and the police.

Taliban say Mullah Omar death report false, phones hacked
Tue,19 Jul 2011 11:13 PM PDT
Reuters - KABUL (Reuters) - The Taliban denied on Wednesday their supreme leader Mullah Mohammad Omar had died, saying false messages claiming his death had been sent to media after their mobile phones, email accounts and a website had been hacked into. Full Story

photoNEW YORK (Reuters) - A backup plan to raise the U.S. debt ceiling and avoid default could still lead to a negative outlook on the country's ratings, Moody's said on Tuesday, highlighting the plan's failure to substantially reduce the deficit.

Humanitarian spending bucks financial crisis: report
Wed,20 Jul 2011 04:51 AM PDT
Reuters -
photoLONDON (AlertNet) - Global spending on humanitarian aid hit a record $16.7 billion in 2010 despite the financial crisis, but devastating disasters and rising delivery costs meant almost 40 percent of needs still went unmet, new data showed on Wednesday.

U.S. arrests 14 for roles in PayPal cyber attack
Tue,19 Jul 2011 06:37 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. authorities on Tuesday arrested 16 people on charges they participated in major cyber attacks, including an attempt to cripple eBay's PayPal website as retribution for dropping WikiLeaks as a client. Full Story

Holder open to meeting Sept 11 families on hacking
Tue,19 Jul 2011 03:20 PM PDT
Reuters -
photoWASHINGTON (Reuters) - Attorney General Eric Holder is willing to meet the families of people killed in the September 11 attacks who are concerned about reports that News Corp journalists may have tried to get victims' phone records, his spokesman said on Tuesday.

Yahoo revenue dips in second quarter
Wed,20 Jul 2011 07:36 AM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Yahoo Inc plugged some of the holes that were weakening its Internet search business in the second quarter, but revealed new challenges that hurt its display advertising business.

Health body backs free birth control for women
Tue,19 Jul 2011 03:00 PM PDT
Reuters -
photoWASHINGTON (Reuters) - A U.S. medical advisory group recommended providing women free birth control and other preventive health services under the nation's healthcare overhaul.

Weak trading bites into Goldman profits
Tue,19 Jul 2011 02:15 PM PDT
Reuters -
photoNEW YORK (Reuters) - Goldman Sachs' anemic second-quarter results on Tuesday rattled investors and cast a pall on its reputation as Wall Street's trading powerhouse.

"Humble" Murdoch defends record, attacked by protester
Tue,19 Jul 2011 03:22 PM PDT
Reuters -
photoLONDON (Reuters) - Rupert Murdoch, unfazed by a foam pie attack in the British parliament, made a "humble" apology on Tuesday for crimes that have rocked his media empire and the government but refused to resign, saying the fault lay with staff who "betrayed" him.

Apple smashes Street views, shares soar
Tue,19 Jul 2011 04:48 PM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to record highs.

U.S. arrests 14 for roles in PayPal cyber attack
Tue,19 Jul 2011 03:54 PM PDT
Reuters - WASHINGTON (Reuters) - U.S. authorities on Tuesday arrested 16 people on charges they participated in major cyber attacks, including the crippling of eBay's PayPal website as retribution for dropping WikiLeaks as a client. Full Story

Exclusive: Euro zone paper points to bank tax to fund
Tue,19 Jul 2011 04:25 AM PDT
Reuters -
photoBRUSSELS (Reuters) - A tax on euro zone banks and cheaper, longer-dated official loans are the least risky way to provide extra funding for debt-stricken Greece, a confidential paper drafted ahead of a European summit showed on Tuesday.

New plan offers hope for debt talk progress
Tue,19 Jul 2011 04:02 PM PDT
Reuters -
photoWASHINGTON (Reuters) - A bipartisan group of senators offered an ambitious plan on Tuesday that could revive stalled U.S. debt talks and the prospect of a long-term deficit reduction deal to avert a default by the United States.

Yahoo revenue dips in Q2, shares fall 2 percent
Tue,19 Jul 2011 02:29 PM PDT
Reuters -
photoSAN FRANCISCO (Reuters) - Yahoo Inc's net revenue declined slightly in the second quarter on weakness in its display advertising business, and shares of the Internet search company dropped 2 percent in after-hours trading.

No comments: