 WASHINGTON (Reuters) - Democrats sought to forge a last-ditch compromise with Republicans on Friday by offering a concession to avoid a crippling default, but a bitter divide remained before Tuesday's deadline to raise the country's debt ceiling. |
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 WASHINGTON (Reuters) - The economy stumbled badly in the first half of 2011 and came dangerously close to contracting in the January-March period, raising the risk of a recession if a standoff over the nation's debt does not end quickly. |
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 ISTANBUL (Reuters) - Turkey faced turmoil within its military on Saturday after the country's four most senior commanders quit in protest over the detention of 250 officers on charges of conspiring against Prime Minister Tayyip Erdogan's government. |
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 BENGHAZI, Libya (Reuters) - Libyan rebels say the gunmen who shot dead their military chief were members of an Islamist-linked militia that is allied to their struggle to overthrow veteran leader Muammar Gaddafi. |
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Moody's expects to affirm U.S. rating, negative outlook
Fri,29 Jul 2011 05:12 PM PDT
Reuters - NEW YORK (Reuters) - The United States will likely keep its top-notch credit rating from Moody's for now, despite the "limited magnitude" of the deficit reduction plans being discussed in Washington, the ratings agency said on Friday. Full Story |
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NY Post reporters told to preserve documents: memos
Fri,29 Jul 2011 04:20 PM PDT
Reuters - NEW YORK (Reuters) - Rupert Murdoch's New York Post has ordered newsroom staff to keep all documents related to questionable reporting methods involving phone hacking or unlawful payments to government officials in light of the fire storm in the UK engulfing the newspaper's owner, News Corp. Full Story |
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 WASHINGTON (Reuters) - The United States is courting calamity with the continuing stalemate in Congress over raising the country's debt limit, the World Bank's chief warned on Friday. |
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 NEW YORK (Reuters) - Close out positions, tighten up stop-loss orders and get ready for Sunday night. |
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 WACO, Texas (Reuters) - Army soldier Naser Jason Abdo shouted the name of a military psychiatrist accused of a 2009 shooting rampage at Fort Hood, Texas, during his first appearance in court on Friday on a charge related to an alleged terror plot. |
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BENGHAZI, Libya (Reuters) - Libyan rebels said on Friday the gunmen who shot dead the rebel military chief were fighters of an allied militia, in apparent confirmation of deep rifts among the forces struggling to overthrow Muammar Gaddafi. |
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 WASHINGTON (Reuters) - The House of Representatives approved a Republican deficit plan on Friday that has no chance of becoming law but could pave the way for a last-ditch bid for bipartisan compromise to avert a crippling national default. |
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Boehner bill "dead on arrival": White House
Fri,29 Jul 2011 04:58 PM PDT
Reuters - WASHINGTON (Reuters) - The White House on Friday urged lawmakers to begin immediate work on a compromise to lift the debt limit after passage of a bill by Republicans in the House of Representatives it said was "dead on arrival." Full Story |
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Moody's expects to affirm U.S. rating
Fri,29 Jul 2011 03:38 PM PDT
Reuters - NEW YORK (Reuters) - Moody's Investor's Service expects to maintain the United States' top-notch rating for now, despite the "limited magnitude" of the deficit reduction plans being discussed in Washington. Full Story |
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 OSLO (Reuters) - Norwegians united in mourning on Friday as the first funerals were held a week after anti-Islam extremist Anders Behring Breivik massacred at least 77 people in attacks that traumatized the nation. |
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 WASHINGTON/DETROIT (Reuters) - Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles. |
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Rating depends on economy, deficit cuts: Moody's
Fri,29 Jul 2011 03:55 PM PDT
Reuters - NEW YORK (Reuters) - Moody's Investors Service will decide whether to downgrade the United States' Aaa rating based on the country's economic performance in 2012 and prospects for future deficit reduction measures, analyst Steven Hess said on Friday. Full Story |
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 MADRID (Reuters) - Rating agency Moody's put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little to halt the spread of Europe's debt crisis. |
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 TEL AVIV (Reuters) - It took a two week-long cottage cheese rebellion to get Israelis to question the power of the country's tycoons. |
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 LONDON (Reuters) - British lawmakers said on Friday it was likely they would recall News Corp's James Murdoch to clarify evidence on phone hacking he gave to a parliamentary committee following claims his testimony was "mistaken." |
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 UNITED NATIONS (Reuters) - The United Nations on Friday slapped sanctions on the Pakistani Taliban -- thought to be behind last year's failed bombing attempt on New York's Times Square -- for having links with al Qaeda. |
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 NEW YORK/SAN FRANCISCO (Reuters) - Chevron Corp, the second-largest U.S. oil company, booked a 43 percent jump in quarterly profit, beating estimates as high oil prices and fat refinery margins offset weaker output. |
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 WASHINGTON (Reuters) - President Barack Obama said on Friday he was ready to work with top Democrats and Republicans through the weekend to get a debt ceiling accord. |
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 LONDON (Reuters) - BSkyB will hand out 1 billion pounds ($1.6 billion) to placate investors who lost out when a phone-hacking and police corruption scandal forced News Corp to drop its bid for the satellite broadcaster. |
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 BRUSSELS (Reuters) - Greece will get its next 8 billion euro tranche of emergency loans from the euro zone and the International Monetary Fund in September as planned, provided it meets agreed criteria, the spokesman for the Eurogroup President said on Friday. |
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 LONDON (Reuters) - British lawmakers said on Friday they would write to News Corp's James Murdoch asking him to give more details about evidence on phone hacking he gave to a parliamentary committee, following claims his testimony was "mistaken." |
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 LOS ANGELES (Reuters) - Former President George W. Bush says his apparent lack of reaction to the first news of the September 11 2001 attacks was a conscious decision to project an aura of calm in a crisis. |
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 NEW YORK (Reuters) - Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday. |
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 PARIS (Reuters) - EADS , whose Airbus unit has outpaced U.S. rival Boeing in the battle for plane orders so far this year, forecast a significant rise in operating profit next year as demand for aircraft grows. |
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 KILLEEN, Texas (Reuters) - An Army soldier arrested with suspected bomb-making materials near Fort Hood, Texas, was hatching a "terror plot" to attack military personnel, police said on Thursday. |
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 HOUSTON (Reuters) - Exxon Mobil Corp reported a higher quarterly profit that missed Wall Street estimates as maintenance slowed its international refining and production, and its shares closed down 2 percent. |
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 NEW YORK (Reuters) - The hotel maid who accused ex-IMF boss Dominique Strauss-Kahn of sexually assaulting her made an emotional public appeal on Thursday for people to believe her story as her lawyer threatened a civil lawsuit. |
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 LONDON (Reuters) - Falling breast cancer death rates have little to do with breast screening but are down to better treatment and health systems, scientists said on Friday, in a study likely to fuel a long-running row over the merits of mammograms. |
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 LOS ANGELES (Reuters) - Former Major League Baseball pitcher Hideki Irabu, who started for the New York Yankees for three seasons in the late 1990s, was found dead at his Los Angeles-area home in an apparent suicide, the coroner's office said on Thursday. |
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 BENGHAZI, Libya (Reuters) - The head of the Libyan rebels' military campaign against Muammar Gaddafi was shot dead by assailants on Thursday, the top rebel leader said. |
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 WASHINGTON (Reuters) - A Republican plan to cut the budget deficit stumbled toward a vote in Congress on Thursday and its expected demise could force a compromise to avert an imminent and unprecedented debt default by the world's largest economy. |
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 LOS ANGELES (Reuters) - Former Major League Baseball pitcher Hideki Irabu, who started for the New York Yankees for three seasons in the late 1990s, was found dead at his Los Angeles-area home of an apparent suicide, the coroner's office said on Thursday. |
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 WASHINGTON (Reuters) - The number of Americans claiming new jobless benefits hit a three-month low last week and contracts to buy existing homes rose in June, hopeful signs for an economy that has struggled to regain momentum. |
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