Friday, October 1, 2010

Daily News Digest: Front Page News

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Friday, October 1, 2010 12:00 AM PDT
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Today's Front Page News:
Dozens of NATO oil tankers attacked in Pakistan
Thu, 30 Sep 2010 11:40 pm PDT
AP - Suspected militants in southern Pakistan set ablaze more than two dozen tankers carrying fuel for foreign troops in Afghanistan on Friday, highlighting the vulnerability of the U.S.-led mission a day after Pakistan closed a major border crossing. Full Story
Top

Ecuador troops rescue president from rebel cops
Thu, 30 Sep 2010 10:32 pm PDT
AP - Ecuadorean soldiers firing automatic weapons and concussion grenades rescued President Rafael Correa late Thursday from a hospital where he was trapped most of the day by rebellious police who plunged the country into chaos in a protest over benefit cuts. Full Story
Top

Storms drench much of the East Coast; 5 killed
Thu, 30 Sep 2010 10:32 pm PDT
AP - A massive rainstorm drenched the East Coast from the Carolinas to Maine on Thursday, causing at least five deaths, flooding roads and washing away months of dry weather. Full Story
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AP sources: Emanuel leaving White House on Friday
Thu, 30 Sep 2010 10:33 pm PDT
AP - White House chief of staff Rahm Emanuel is set to give up his influential national post Friday to begin a run for Chicago mayor, a job he has long coveted but won't win unless he persuades voters he's still one of them. Full Story
Top

Calif. governor's race upended by immigrant maid
Thu, 30 Sep 2010 10:34 pm PDT
AP - Meg Whitman's campaign for governor was thrown into turmoil Thursday as the Republican sought to fend off new evidence that she knowingly had an illegal immigrant housekeeper on her payroll for nearly a decade. Full Story
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Obama charges up young voters at concert/rally
Thu, 30 Sep 2010 10:34 pm PDT
AP - Grasping for the electric energy that propelled him to the White House, President Barack Obama whipped up young supporters at a rally Thursday night, where the boisterous crowd tried to shout down any talk of an "enthusiasm gap" among Democrats. Full Story
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NJ student's suicide illustrates Internet dangers
Thu, 30 Sep 2010 10:34 pm PDT
AP - The shocking suicide of a college student whose sex life was broadcast over the Web illustrates yet again the Internet's alarming potential as a means of tormenting others and raises questions whether young people in the age of Twitter and Facebook can even distinguish public from private. Full Story
Top

HP board's selection of new CEO raises new doubts
Thu, 30 Sep 2010 10:35 pm PDT
AP - Hewlett-Packard Co.'s board upset many investors when it forced out Mark Hurd as CEO nearly two months ago. Now, those directors appear to have baffled Wall Street with its selection of HP's new leader — Leo Apotheker, who lost his job running German business software maker SAP earlier this year after he didn't live up to expectations. Full Story
Top

Dailey & Vincent win entertainer of the year
Thu, 30 Sep 2010 09:26 pm PDT
AP - Dailey & Vincent won entertainer of the year for the third straight time at the International Bluegrass Music Association Awards on Thursday night. Full Story
Top

Giants sweep Arizona, clinch tie for NL West title
Thu, 30 Sep 2010 10:36 pm PDT
AP - Bruce Bochy has said all along the NL West race would probably come down to the season's final weekend — and it will. Full Story
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Obama seeks to rally Dems to keep grip on Congress
Thu, 30 Sep 2010 08:57 pm PDT
Reuters - President Barack Obama predicted on Thursday his embattled Democrats would hold onto their congressional majorities in the November elections if they can rekindle enthusiasm among voters who helped sweep him into office. Full Story
Top

AIG and U.S. set faster, riskier exit path
Thu, 30 Sep 2010 04:37 pm PDT
Reuters - American International Group Inc and the U.S. government agreed on Thursday agreed on a plan that would accelerate the payback of bailout money and could yield a profit for taxpayers but also increase their risk. Full Story
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New U.S. financial risk council meets Friday
Thu, 30 Sep 2010 09:17 pm PDT
Reuters - A new council of U.S. regulators charged with identifying risks to the financial system holds it first meeting later on Friday with an agenda that includes risky trading and how to pick which non-bank financial institutions need special scrutiny. Full Story
Top

Militants set fire to NATO supply tankers in Pakistan
Thu, 30 Sep 2010 11:54 pm PDT
Reuters - Suspected militants in Pakistan set fire to more than two dozen tankers carrying fuel for NATO troops in Afghanistan on Friday, officials said, a day after three soldiers were killed in a cross-border NATO air strike. Full Story
Top

Ecuador's Correa rescued, now faces political fight
Thu, 30 Sep 2010 10:40 pm PDT
Reuters - Ecuadorean President Rafael Correa emerged triumphant after a military raid to rescue him from protesting police, but still faces a political fight to push through austerity measures testing his popularity. Full Story
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Report to say Waddell stoked flash crash: source
Thu, 30 Sep 2010 03:47 pm PDT
Reuters - A single trade by Waddell & Reed Financial Inc helped spark the cascade of market selling on May 6, said a source familiar with regulators' report on the so-called flash crash. Full Story
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China says U.S. yuan bill could harm ties
Thu, 30 Sep 2010 01:14 pm PDT
Reuters - China on Thursday warned that a House of Represenatives bill to penalize it for not letting the yuan rise faster could seriously affect bilateral ties. Full Story
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California to enter fourth month without budget
Thu, 30 Sep 2010 09:30 pm PDT
Reuters - California will enter the fourth month of its fiscal year on Friday without a state budget in place after Governor Arnold Schwarzenegger and top lawmakers failed to agree on Thursday on a spending plan. Full Story
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Ecuador president rescued amid police, military clash
Thu, 30 Sep 2010 11:17 pm PDT
AFP - Ecuadoran President Rafael Correa returned to the presidential palace after being rescued from the hospital where he had holed up amid an armed confrontation between rebel police and loyal government troops, officials said. Full Story
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India PM appeals for calm after ruling to split holy site
Thu, 30 Sep 2010 08:10 pm PDT
AFP - Indian Prime Minister Manmohan Singh has appealed for calm after a court ruled that Muslims and Hindus should share a hotly disputed site that has been the focus of deadly violence in the past. Full Story
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