Tuesday, November 1, 2011

Greek turmoil sends US and world markets lower (AP)

Greek turmoil sends US and world markets lower (AP)

Greek turmoil sends US and world markets lower (AP)

Posted: 01 Nov 2011 01:32 PM PDT

Traders work on the floor of the New York Stock Exchange Tuesday, Nov. 1, 2011. Worries that a planned Greek referendum could scuttle a plan to resolve Europe's debt crisis rattled markets Tuesday morning. Stocks indexes plunged in the U.S. and Europe. (AP Photo/Richard Drew)AP - A wave of selling swept across Wall Street and stock markets around the world Tuesday after Greece's prime minister said he would call a national vote on an unpopular European plan to rescue that nation's economy.

Bank of America nixes $5 debit card fee (AP)

Posted: 01 Nov 2011 11:35 AM PDT

This photo taken Oct. 14, 2011, shows a customer at a Bank of America ATM in Hialeah, Fla. Bank of America Corp. is scrapping its plans to charge a $5 monthly debit card fee. The bank's decision to drop the fee came after a roar of customer outrage in recent weeks over the fee. (AP Photo/Alan Diaz)AP - Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for making debit card purchases after an uproar and threatened exodus by customers.

US school kids showing slight improvement in math (AP)

Posted: 01 Nov 2011 12:50 PM PDT

AP - Some progress. Still needs improvement.

APNewsbreak: Future holds more extreme weather (AP)

Posted: 01 Nov 2011 12:03 PM PDT

FILE - In this Aug. 16, 2011 file photo, a buoy sits high and dry at Benbrook Lake in Benbrook, Texas. Freakish weather, from this weekends October snowstorm to the long-lasting drought in the US Southwest, is striking more often. And global warming should make future weather even weirder, a special international report says. (AP Photo/LM Otero, File)AP - For a world already weary of weather catastrophes, the latest warning from top climate scientists paints a grim future: More floods, more heat waves, more droughts and greater costs to deal with them.

World economy needs China to slow growth gradually (AP)

Posted: 01 Nov 2011 01:34 PM PDT

FILE - In this file photo taken March 2, 2011, a forklift arranges the shipping containers near a port in Shanghai. China's high-flying economy is starting to lose altitude. The big question is whether the world's economic superstar will shrink gradually — or so fast that it harms a fragile global economy. (AP Photo/Eugene Hoshiko, File)AP - China's high-flying economy is starting to lose altitude. The big question is whether the world's economic superstar will descend gradually — or so fast that it harms a fragile global economy.

Syria plants land mines on Lebanese border (AP)

Posted: 01 Nov 2011 10:50 AM PDT

A Syrian army defector speaks to The Associated Press in the Lebanese border town of Arida on Monday Oct. 31, 2011. Syrian official and witnesses say Damascus is planting landmines along parts of the border with Lebanon. A Syrian official familiar with government strategy said the mines are meant to prevent arms smuggling across the border. (AP Photo/Bilal Hussein)AP - Syria has planted land mines along parts of its border with Lebanon, further sealing itself off from the world and showing just how deeply shaken Bashar Assad's regime has become since an uprising began nearly eight months ago.

Cain defends himself, says he never changed story (AP)

Posted: 01 Nov 2011 08:56 AM PDT

Republican presidential candidate, Herman Cain wipes his forehead before answering questions at the National Press Club in Washington, Monday, Oct., 31, 2011. Denying he sexually harassed anyone, Cain said Monday he was falsely accused in the 1990s while he was head of the National Restaurant Association, and he branded revelation of the allegations a 'witch hunt.'. (AP Photo/Pablo Martinez Monsivais)AP - Presidential candidate Herman Cain said Tuesday that he never changed his story about sexual harassment allegations against him in the 1990s while he was the head of the National Restaurant Association, despite giving a series of conflicting statements in the two days since the accusations were disclosed.

Change in crack sentencing means early releases (AP)

Posted: 01 Nov 2011 09:25 AM PDT

AP - Darryl Flood thought he would have to wait until 2013 to get out of prison, more than a decade after he pleaded guilty to being part of a conspiracy to distribute crack cocaine.

Study: ADHD drugs don't raise heart risks for kids (AP)

Posted: 01 Nov 2011 07:34 AM PDT

AP - Ritalin and similar medicines that millions of children and teens take to curb hyperactivity and boost attention do not raise their risk of serious heart problems, the largest safety study of these drugs concludes.

Light drinking linked to slight breast cancer risk (AP)

Posted: 01 Nov 2011 01:44 PM PDT

AP - Whether sipping beer, wine or whiskey, women who drink just three alcoholic beverages a week face slightly higher chances for developing breast cancer compared with teetotalers, a study of more than 100,000 U.S. nurses found.

Greek government says will win confidence vote (Reuters)

Posted: 01 Nov 2011 01:17 PM PDT

Greek Prime minister George Papandreou delivers a speech to Panhellenic Socialist Movement (PASOK) parliamentary group at the parliament in Athens October 31, 2011. REUTERS/John KolesidisReuters - The Greek government believes it will win a confidence vote on Friday and will hold a referendum on an EU aid deal as planned, a spokesman said after several ruling party members asked for snap elections instead.

Greek vote brings uncertainty back to Wall Street (Reuters)

Posted: 01 Nov 2011 01:40 PM PDT

Traders work on the floor of the New York Stock Exchange October 28, 2011. REUTERS/Brendan McDermidReuters - Stocks tumbled on Tuesday after investors were blindsided by a surprise call for a Greek referendum on an EU bailout plan, casting doubt on the sustainability of the recent market rally.

MF Global accounts shock leaves clients scrambling (Reuters)

Posted: 01 Nov 2011 01:42 PM PDT

Reuters - MF Global Holdings Ltd failed to protect customer accounts by keeping them separate from its own funds, said a top U.S. exchange regulator, another shock for commodity markets scrambling to contain fallout from the brokerage's bankruptcy.

Bank of America drops $5 debit card fee plan (Reuters)

Posted: 01 Nov 2011 11:28 AM PDT

Reuters - Bank of America Corp scrapped plans to charge a $5 per-month debit fee, handing a victory to consumers and protesters angry with big banks.

Fed to pause, sow seeds for more easing (Reuters)

Posted: 01 Nov 2011 10:24 AM PDT

Reuters - The Federal Reserve could begin to prepare financial markets for further monetary easing at the conclusion of a two-day meeting that began on Tuesday, even if it refrains from any new stimulus just yet.

Syria says reaches deal with Arab League on unrest (Reuters)

Posted: 01 Nov 2011 12:43 PM PDT

Demonstrators protesting against Syria's President Bashar al-Assad march through the streets in Homs October 30, 2011. REUTERS/HandoutReuters - Syria said on Tuesday it had reached agreement with an Arab League committee tasked with finding a way to end seven months of unrest and starting a dialogue between President Bashar al-Assad and his opponents.

Avon's Cramb gave Citi bribery probe info: source (Reuters)

Posted: 01 Nov 2011 12:55 PM PDT

Reuters - A second investigation into Avon Products Inc by U.S. authorities was triggered by the company's vice chairman telling an analyst about the status of an ongoing foreign bribery investigation at Avon, a person familiar with the matter said on Tuesday.

Insight: Isolated Papandreou acts alone in referendum gamble (Reuters)

Posted: 01 Nov 2011 12:36 PM PDT

Greece's Prime Minister George Papandreou arrives for a cabinet meeting inside the parliament in Athens November 1, 2011. REUTERS/Yiorgos KarahalisReuters - Through grueling euro-summits, he has looked glum, wistful, even isolated; but no-one would have guessed Greek Prime Minister George Papandreou was weighing the announcement that sent shockwaves through Europe on Tuesday.

After the snowstorm: Power outages mean no heat, no trick-or-treating (The Christian Science Monitor)

Posted: 31 Oct 2011 05:01 PM PDT

The Christian Science Monitor - If this past Saturday’s snowstorm illustrates anything, it is the relatively fragile nature of the electric power grid and America’s reliance on it.

Herman Cain: To sexual harassment allegations, add financial ones (The Christian Science Monitor)

Posted: 31 Oct 2011 04:16 PM PDT

The Christian Science Monitor - Herman Cain should know that his presidential campaign is in trouble when one brewing scandal is stealing attention from another one.
Posted by Harshad at 1:54 PM

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