Sunday, September 4, 2011

Daily News Digest: Reuters News Headlines - Yahoo! News

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Sunday, September 4, 2011 12:03 AM PDT
Today's Reuters News Headlines - Yahoo! News:
Libyans say closing in on Gaddafi bastions
Sat,3 Sep 2011 05:41 PM PDT
Reuters -

photoTRIPOLI/MISRATA, Libya (Reuters) - Libya's interim government said it was closing in on bastions of support for Muammar Gaddafi Saturday, although there were mixed signals of how quickly their forces were moving.


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CIA, MI6 helped Gaddafi on dissidents: rights group
Sat,3 Sep 2011 12:12 PM PDT
Reuters -

photoTRIPOLI (Reuters) - Documents found in the abandoned Tripoli office of Muammar Gaddafi's intelligence chief indicate the U.S. and British spy agencies helped the fallen strongman persecute Libyan dissidents, Human Rights Watch said on Saturday.


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Strauss-Kahn arrives at New York's Kennedy airport
Sat,3 Sep 2011 08:16 PM PDT
Reuters -

photoNEW YORK (Reuters) - Former IMF chief Dominique Strauss-Kahn prepared to leave the United States Saturday for the first time since his May 14 arrest on charges, since dropped, that he sexually assaulted a hotel maid in New York.


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Obama ups pressure over transportation
Sat,3 Sep 2011 07:00 AM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama, under fire over high unemployment, stepped up pressure on Congress on Saturday to pass transportation legislation he said would protect almost 1 million American jobs.


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Job growth stalls, fuels recession fears
Sat,3 Sep 2011 02:37 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy.


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ECB's Trichet presses Italy on budget targets
Sat,3 Sep 2011 09:24 AM PDT
Reuters -

photoCERNOBBIO, Italy (Reuters) - ECB President Jean-Claude Trichet kept up warnings over Italy's strained public finances Saturday, telling the struggling center-right government it must act quickly to reassure nervous markets.


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Greek PM rules out snap polls, protesters are back
Sat,3 Sep 2011 01:19 PM PDT
Reuters -

photoATHENS (Reuters) - Greek Prime Minister George Papandreou Saturday ruled out snap elections and said his government would succeed in bringing Greece out of the crisis by the end of his term in 2013.


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Apple hunted lost item - clue points to new iPhone
Fri,2 Sep 2011 09:52 PM PDT
Reuters -

photoOAKLAND, California (Reuters) - San Francisco police said on Friday they had helped Apple Inc security search for a "lost item," following a week of reports that a prototype of the newest iPhone had gone missing in July.


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Regulator sues major banks over subprime bonds
Sat,3 Sep 2011 02:41 AM PDT
Reuters -

photoWASHINGTON/NEW YORK (Reuters) - A regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.


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Tropical Storm Lee soaks New Orleans
Sat,3 Sep 2011 10:14 PM PDT
Reuters -

photoNEW ORLEANS (Reuters) - Tropical Storm Lee was drenching New Orleans on Sunday as the Southern city, inundated by Hurricane Katrina in 2005, faced a test of its flood defenses from the slow-moving system.


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Strauss-Kahn arrives at New York's Kennedy airport
Sat,3 Sep 2011 04:31 PM PDT
Reuters -

photoNEW YORK (Reuters) - Former IMF chief Dominique Strauss-Kahn prepared to leave the United States Saturday for the first time since his May 14 arrest on charges, since dropped, that he sexually assaulted a hotel maid in New York.


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Chile air force plane presumed crashed, 21 aboard
Sat,3 Sep 2011 07:46 AM PDT
Reuters -

photoSANTIAGO (Reuters) - A Chilean air force plane with 21 people aboard was presumed to have crashed in the Pacific Ocean on Friday after it disappeared near the remote Juan Fernandez islands, authorities said.


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New Orleans braces for Tropical Storm Lee
Sat,3 Sep 2011 03:13 PM PDT
Reuters -

photoNEW ORLEANS (Reuters) - New Orleans, devastated by Hurricane Katrina six years ago, faced a new threat on Saturday from Tropical Storm Lee, which was set to challenge the city's flood defenses with an onslaught of heavy rain.


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Libya government forces say to enter Gaddafi bastion
Sat,3 Sep 2011 11:27 AM PDT
Reuters - NEAR TARHOUNA, Libya (Reuters) - The forces of Libya's interim government plan to move in the coming hours into the town of Bani Walid, a bastion of support for Muammar Gaddafi, a spokesman for the fighters said on Saturday. Full Story
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Libyans say closing in on Gaddafi bastions
Sat,3 Sep 2011 03:39 PM PDT
Reuters -

photoTRIPOLI/MISRATA, Libya (Reuters) - Libya's interim government said it was closing in on bastions of support for Muammar Gaddafi Saturday, although there were mixed signals of how quickly their forces were moving.


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Medical report says Chirac unfit to face trial
Sat,3 Sep 2011 05:39 AM PDT
Reuters -

photoPARIS (Reuters) - A medical report submitted this week argues that former French president Jacques Chirac is mentally unfit to face trial, his lawyers said on Saturday, two days before he is due to face charges of misusing public funds.


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Russia raps OSCE election "double standards"
Sat,3 Sep 2011 05:19 AM PDT
Reuters - DUSHANBE (Reuters) - Russian President Dmitry Medvedev Saturday accused the Organization for Security and Cooperation in Europe of using double standards and attempting to influence the internal affairs of some ex-Soviet nations. Full Story
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Canadian authorities probing employees of SNC-Lavalin Group
Fri,2 Sep 2011 07:34 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Canadian authorities are investigating employees of SNC-Lavalin Group Inc for possible corruption involving a $1.2 billion World Bank bridge project in Bangladesh, a bank spokesman said on Friday.


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Libya NTC says may have control of Gaddafi bastion
Sat,3 Sep 2011 05:46 AM PDT
Reuters - TRIPOLI (Reuters) - Libya's provisional government said on Saturday that opponents of Muammar Gaddafi may have taken control in the town of Bani Walid, where Gaddafi loyalists had been holding out and possibly hiding the former leader. Full Story
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Obama backtracks on smog plan, bows to big business
Fri,2 Sep 2011 02:28 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama put a stop on Friday to new rules that would limit smog pollution, unexpectedly reversing course on a key policy measure after businesses said it would kill jobs and cost them billions of dollars.


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Analysis: Damages ruling may be pivotal in BP case
Fri,2 Sep 2011 09:47 AM PDT
Reuters -

photoNEW YORK (Reuters) - A key court ruling in the Gulf of Mexico oil spill litigation could change the landscape in the massive case -- encouraging more plaintiffs to sue, or spurring the parties to make a deal to resolve what could be a long string of trials over damages.


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Jobs woes sink Wall Street
Fri,2 Sep 2011 03:27 PM PDT
Reuters -

photoNEW YORK (Reuters) - Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with the prospect of another recession.


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WikiLeaks Assange wanted U.S. cables released months ago
Fri,2 Sep 2011 03:41 PM PDT
Reuters -

photoWASHINGTON (Reuters) - WikiLeaks founder Julian Assange late last year told associates his website's entire cache of U.S. diplomatic cables "must somehow" be released, according to a written record of the discussion.


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Analysis: Mix of measures more likely in Obama jobs plan
Fri,2 Sep 2011 04:43 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Poor U.S. jobs figures on Friday put President Barack Obama on the spot to create a viable jobs plan in a speech to Congress next week that may help determine whether he wins re-election or not.


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U.S. regulator sues major banks over subprime bonds
Fri,2 Sep 2011 04:40 PM PDT
Reuters -

photoWASHINGTON/NEW YORK (Reuters) - A U.S. regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.


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Job growth stalls, fuels recession fears
Fri,2 Sep 2011 03:48 PM PDT
Reuters -

photoWASHINGTON (Reuters) - U.S. employment growth ground to a halt in August, reviving recession fears and piling pressure on both President Barack Obama and the Federal Reserve to provide more stimulus to aid the frail economy.


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Libyans focus on reconciliation and rebuilding
Fri,2 Sep 2011 02:57 PM PDT
Reuters -

photoTRIPOLI (Reuters) - Libya's new leadership reaffirmed its commitment to democracy on Friday and worked on its priorities for spending billions of dollars released from the frozen assets of fugitive strongman Muammar Gaddafi.


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Napolitano: no 9/11 anniversary Qaeda plot seen
Fri,2 Sep 2011 08:49 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Homeland Security Secretary Janet Napolitano said on Friday there was no credible intelligence that al Qaeda was plotting an attack for the September 11 anniversary, but the United States remained at a heightened state of vigilance.


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Louisiana coast braces for Tropical Storm Lee
Fri,2 Sep 2011 03:41 PM PDT
Reuters -

photoNEW ORLEANS (Reuters) - Tropical Storm Lee threatened the Louisiana coast on Friday with torrential rains and flooding and shut nearly half of U.S. offshore crude oil production and a third of offshore gas production.


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Milestone Moments: Remembering 9/11
Fri,2 Sep 2011 09:57 AM PDT
Reuters -

photoNEW YORK (Reuters) - Current weather forecasts for New York are for a possible rainy start to the 9/11 weekend.


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Fed asks BofA to list contingency plan: report
Fri,2 Sep 2011 01:12 AM PDT
Reuters -

photo(Reuters) - The Federal Reserve has asked Bank of America Corp to show what measures it could take if business conditions worsen, the Wall Street Journal said, citing people familiar with the situation.


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U.S. regulator to sue major banks over mortgages
Fri,2 Sep 2011 01:22 PM PDT
Reuters -

photoWASHINGTON/NEW YORK (Reuters) - A U.S. regulator plans to sue major banks in coming days over subprime mortgage bonds, two sources said, in a lawsuit that may hamper a broader government mortgage settlement with banks.


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Former WikiLeaks partners condemn document release
Fri,2 Sep 2011 08:33 AM PDT
Reuters -

photoWASHINGTON (Reuters) - Five prominent news organizations which collaborated with WikiLeaks have condemned the website and its founder Julian Assange for making public uncensored copies of more than 250,000 U.S. diplomatic cables.


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BP says Russian lawsuit "absurd," to reopen office soon
Fri,2 Sep 2011 09:47 AM PDT
Reuters -

photoMOSCOW (Reuters) - BP said on Friday that a lawsuit that led to Russian bailiffs raiding its Moscow office this week was "absurd" and that it expected to be able to resume normal work at the office on Monday.


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9/11 firefighters have higher cancer risk: study
Fri,2 Sep 2011 05:18 AM PDT
Reuters -

photoCHICAGO (Reuters) - Male firefighters who were exposed to toxic dust and smoke from the 9/11 attacks on New York's World Trade Center have a 19 percent higher risk of getting cancer of all kinds than colleagues who were not exposed, U.S. researchers said on Thursday.


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Barclays sued by Madoff trustee
Fri,2 Sep 2011 07:38 AM PDT
Reuters - NEW YORK (Reuters) - Barclays Plc was sued for $67.4 million by the trustee seeking money for victims of Bernard Madoff's Ponzi scheme. Full Story
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AT&T prepares two-track plan to save T-Mobile deal
Fri,2 Sep 2011 08:08 AM PDT
Reuters -

photoNEW YORK (Reuters) - AT&T Inc is expected to soon present a proposed solution to U.S. antitrust regulators to salvage its planned $39 billion acquisition of smaller rival T-Mobile USA, according to people close to the matter.


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Exclusive: China curbs Iran energy work
Thu,1 Sep 2011 10:55 PM PDT
Reuters -

photoBEIJING (Reuters) - China has put the brakes on oil and gas investments in Iran, drawing ire from Tehran over a pullback that officials and executives said reflected Beijing's efforts to appease Washington and avoid U.S. sanctions on its big energy firms.


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Netflix shares fall after stumble with Starz
Fri,2 Sep 2011 01:44 PM PDT
Reuters -

photoLOS ANGELES/BANGALORE (Reuters) - High-flying Netflix Inc saw its shares fall 8.6 percent on Friday after failing to secure a chunk of movie content for the online service it touts as the future of its popular video rental business.


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White House sharply cuts growth forecast
Thu,1 Sep 2011 02:48 PM PDT
Reuters -

photoWASHINGTON (Reuters) - President Barack Obama sharply cut estimates on Thursday for U.S. economic growth, underscoring the difficult challenge he faces in spurring a stronger recovery and creating more jobs.


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