Tuesday, July 26, 2011

White House threatens to veto Boehner's House plan (AP)

White House threatens to veto Boehner's House plan (AP)

White House threatens to veto Boehner's House plan (AP)

Posted: 26 Jul 2011 01:36 PM PDT

House Speaker John Boehner of Ohio, right, accompanied by Rep. Cathy McMorris Rodgers, R-Wash., gestures while speaking at The Republican National Committee on Capitol Hill in Washington, Tuesday, July 26, 2011. (AP Photo/Carolyn Kaster)AP - The White House threatened on Tuesday to veto emergency House legislation that aims to avert a threatened national default, a pre-emptive strike issued as Republican Speaker John Boehner labored to line up enough votes in his own party to pass the measure.

Norway police slammed for slow response to rampage (AP)

Posted: 26 Jul 2011 01:35 PM PDT

Deputy Chief of Police Sveinung Sponheim, left, and Police Chief of Staff Johan Fredriksen, center, are seen during a press conference at the police headquarters in Oslo, Tuesday July 26, 2011. Norwegian police on Tuesday began releasing the names of those killed in last week's bomb blast and massacre at a Labor Party youth camp, an announcement likely to bring new collective grief to an already reeling nation. (AP Photo/Erlend Aas, Scanpix) NORWAY OUTAP - When homegrown terrorist Anders Behring Breivik launched his assault on the youth campers of Utoya Island, he expected Norway's special forces to swoop down and stop him any minute. But Breivik was given time to kill.

Democrat Rep. David Wu to resign amid allegations (AP)

Posted: 26 Jul 2011 01:06 PM PDT

FILE - In this Aug. 17, 2010 file photo, Congressman David Wu, D-Ore., speaks during an interview in Portland, Ore. Wu is calling a published report about an alleged unwanted sexual encounter with a young woman 'very serious' but has not yet said whether the accusation is true. The Oregonian reports that a young woman from California has accused the Democrat of an unwanted sexual encounter last November. The newspaper said the information came from sources who wanted to remain anonymous. (AP Photo/Don Ryan, File)AP - Democratic Rep. David Wu of Oregon announced Tuesday that he will resign amid the political fallout from an 18-year-old woman's allegations of an unwanted sexual encounter with him.

Israeli housing protests evolve into major crisis (AP)

Posted: 26 Jul 2011 12:59 PM PDT

A 13 year old Israeli boy rests inside a tent in a protest tent encampment in central Jerusalem, Tuesday, July 26, 2011. Over the past two weeks, Israelis have set up tent camps in a handful of cities throughout the country, and organized protest marches and demonstrations calling attention to the soaring cost of living. (AP Photo/Bernat Armangue)AP - Thousands of young protesters have set up sprawling tent camps in Israeli cities, forcing Prime Minister Benjamin Netanyahu on Tuesday to introduce economic reforms to address a swell of discontent over high housing costs and stave off the worst domestic crisis of his two years in power.

Perry's Texas has jobs, but also good luck (AP)

Posted: 26 Jul 2011 01:23 PM PDT

FILE - In this July 18, 2011 file photo, Texas Gov. Rick Perry speaks in Austin, Texas. When it comes to attracting jobs, is Perry really such a force to be reckoned with? That question is stirring discussion as Texas markets itself as a job mecca and Perry ponders whether to run for president. (AP Photo/Eric Gay, File)AP - In Vernon, Calif., billboards and radio ads bought by the city in suburban Los Angeles portray Texas Gov. Rick Perry as some kind of unstoppable, job-lassoing marauder — an image Perry himself would no doubt embrace if he decided to run for president.

Ohio health care question cleared for fall ballot (AP)

Posted: 26 Jul 2011 12:59 PM PDT

TO GO WITH STORY FILE REFORMA DE SALUD - In this March 23, 2010, file photo President Barack Obama signs the health care bill in the East Room of the White House in Washington. Another unintended consequence of President Barack Obama’s health care law has surfaced: Older adults of the same age and income with similar medical histories could pay widely different amounts for private health insurance because of a quirk in the complex law. (AP Photo/J. Scott Applewhite, File)AP - Voters will get the chance to decide whether Ohio can opt out of the national health care overhaul after the state's top election official said Tuesday that opponents of the federal law have enough signatures to put a constitutional amendment on the Nov. 8 ballot.

Recusal policy reveals oil industry-gov't ties (AP)

Posted: 26 Jul 2011 12:59 PM PDT

FILE - In this Dec. 18, 2010 file photo, Sen. Ron Wyden, D-Ore., walks near the floor of the Senate on Capitol Hill in Washington. Nearly a year after the Obama administration announced an overhaul of ethics rules to deter the cozy relationship between offshore oil and gas companies and the agency that regulates them, documents obtained by The Associated Press show that ties between the industry and its regulator persist. “Our sense is the revolving door is still swinging too widely,” said Wyden, in an interview with AP, after reviewing the recusals. (AP Photo/Alex Brandon, File)AP - Ties between offshore oil and gas companies and the agency that regulates them persist, nearly a year after the Obama administration announced an overhaul of ethics rules to deter such cozy relationships, documents obtained by The Associated Press show.

Mystery Utah inmate identified as missing NM man (AP)

Posted: 26 Jul 2011 12:59 PM PDT

In this photo provided byUtah County Sheriff's Office, shows a roughly 71-year-old man with blue eyes and gray hair but no name. Booked into the Utah County Jail as John Doe after being arrested for trespassing in a parking garage, authorities say his true identity remains a mystery. (AP Photo/Utah County Sheriff's Office)AP - A mystery man believed to be in his 70s who has been locked up in a Utah jail for more than three weeks, refusing to provide his name, was identified Tuesday as a missing New Mexico man, authorities said.

Winehouse family, friends attend singer's funeral (AP)

Posted: 26 Jul 2011 12:59 PM PDT

Mitch Winehouse, center, the father of British singer Amy Winehouse, is consoled as he arrives at Golders Green Crematorium, north London, Tuesday, July 26, 2011. The soul diva, who had battled alcohol and drug addiction, was found dead Saturday at her London home. She was 27.(AP Photo/Joel Ryan)AP - Wearing dark suits, black dresses and the occasional beehive hairdo, friends and family said goodbye to Amy Winehouse Tuesday with prayers, tears, laughter and song at an emotional funeral ceremony.

Calif. man attempts self-surgery with butter knife (AP)

Posted: 26 Jul 2011 12:59 PM PDT

AP - A Southern California man stuck a butter knife into his belly in a failed bid at self-surgery to remove a painful hernia, police said Tuesday. The wife of the 63-year-old Glendale man called 911 on Sunday night and told the emergency operator her husband was using a knife to remove a protruding hernia, Sgt. Tom Lorenz said.

Amazon revenue surges and stock jumps (Reuters)

Posted: 26 Jul 2011 01:47 PM PDT

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. REUTERS/Rick WilkingReuters - Amazon.com Inc reported a surge in quarterly revenue and said revenue for the current quarter would be better than expected, sending its shares up more than 6 percent.

Debt crisis gives investors first jolt (Reuters)

Posted: 26 Jul 2011 01:50 PM PDT

U.S. President Barack Obama speaks in a prime-time address to the nation from the East Room of the White House in Washington, July 25, 2011, as polarized lawmakers failed to rally behind a plan to avert a disastrous debt default perhaps just one week away. Failure to act on deficits and debt could cost jobs and do serious damage to the U.S. economy, Obama warned on Monday in a televised address to the nation. REUTERS/Jim Watson/PoolReuters - President Barack Obama's Democrats and their Republican rivals were further apart than ever on Tuesday in an impasse over the government's debt limit as investors braced for a looming default and downgrade.

Americans back mixed solution for debt crisis: Reuters/Ipsos poll (Reuters)

Posted: 26 Jul 2011 12:57 PM PDT

Pedestrians walk past the outside of the New York Stock Exchange in New York July 25, 2011. REUTERS/Lucas JacksonReuters - Americans overwhelmingly are concerned about the U.S. debt crisis and a majority backs the type of compromise pushed by President Barack Obama, a Reuters/Ipsos poll found on Tuesday.

Analysis: U.S. downgrade minor threat next to default prospect (Reuters)

Posted: 26 Jul 2011 11:45 AM PDT

Reuters - How much damage the U.S. debt ceiling scuffle does to the United States' reputation in global financial markets boils down to two increasingly plausible but very distinct outcomes: downgrade or default.

Ford profits despite economy, rising costs (Reuters)

Posted: 26 Jul 2011 10:29 AM PDT

The Ford Motor Company logo is shown during the firm's annual meeting of shareholders in Wilmington, Delaware May 12, 2011. REUTERS/Tim ShafferReuters - Ford Motor Co's profit held up well in a second quarter marked by the impact of Japan's earthquake, the shaky U.S. economy and high commodity costs, but the automaker remained cautious about consumer demand going forward.

Norwegian killer is probably insane, his lawyer says (Reuters)

Posted: 26 Jul 2011 01:06 PM PDT

A girl holding a flower stands next to floral tributes laid for the victims of last Friday's bomb attack and shooting massacre, outside Oslo Cathedral July 26, 2011. REUTERS/Cathal McNaughtonReuters - The lawyer of a Norwegian who killed at least 76 people in a bombing and a shooting spree said on Tuesday his client appeared to be a madman.

Home price rise fails to lift housing gloom (Reuters)

Posted: 26 Jul 2011 11:22 AM PDT

A realtor and bank-owned sign is displayed near a house for sale in Phoenix, Arizona, January 4, 2011. REUTERS/Joshua LottReuters - Prices for new single family homes rose to a five-month high in June even as sales slipped, but recovery for the broader housing market continues to be frustrated by an oversupply of properties.

No bail for Florida imam accused of aiding Taliban (Reuters)

Posted: 26 Jul 2011 01:10 PM PDT

Reuters - A federal judge in Miami denied bail on Tuesday to a young Muslim cleric arrested in May on charges of financing and supporting the Pakistani Taliban.

Norway suspect's lawyer warns gunman may be 'insane' (AFP)

Posted: 26 Jul 2011 01:01 PM PDT

People stand on the coast of lake Tyrifjorden in front of Utoeya island in memory of the victims of the July 22 shooting spree at a Labour Party youth summer camp. The lawyer for the Norwegian gunman who claimed responsibility for killing 76 people in twin attacks last week said Tuesday that everything about his client's case indicates he is AFP - The lawyer for the Norwegian gunman who claimed responsibility for killing 76 people in twin attacks last week said Tuesday that everything about his client's case indicates he is "insane".

US lawmakers war over debt as world warily watches (AFP)

Posted: 26 Jul 2011 01:30 PM PDT

The National Debt Clock, a digital display showing the increasing US debt, near an office of the Internal Revenue Service (IRS) on Sixth Avenue in New York. The US Congress remained deeply divided Tuesday as lawmakers grappled for a US debt deal amid mounting warnings of the dangers to the global economy if the world's top economy defaults.(AFP/Stan Honda)AFP - The White House threatened Tuesday that President Barack Obama would veto a two-step Republican debt deal, amid mounting global fears the world's top economy is on the brink of default.
Posted by Harshad at 2:01 PM

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