Thursday, October 28, 2010
Germany pushes state default proposal at EU summit
Germany pushes state default proposal at EU summit
Battle of Brussels: EU wants cash as push to halt handouts splits states
Germany pushes state default proposal at EU summit Oct 28--2010--European Union governments put up hundreds of billions of euros earlier this year to keep financially troubled members like Greece or Ireland from defaulting on their debts.Video: Battle of Brussels: EU wants cash as push to halt handouts splits states
Oct 28--2010--European Union governments put up hundreds of billions of euros earlier this year to keep financially troubled members like Greece or Ireland from defaulting on their debts.Video: Battle of Brussels: EU wants cash as push to halt handouts splits states
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Overall US intelligence budget tops $80 billion
Overall US intelligence budget tops $80 billion
Oct. 28 -2010--The government spent a total of $80.1 billion on intelligence gathering last year, three times as much as when it last disclosed the figure 12 years ago.US spy spending revealed for first time, tops $80 billion Intelligence spending at record $80.1 billion in first disclosure of overall
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CIA Director: Deficit a Threat to National Security
Overall US intelligence budget tops $80 billion
Oct. 28 -2010--The government spent a total of $80.1 billion on intelligence gathering last year, three times as much as when it last disclosed the figure 12 years ago.US spy spending revealed for first time, tops $80 billion Intelligence spending at record $80.1 billion in first disclosure of overall
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Inquiry Finds US Official Set Up Spy Ring in Asia
Inquiry Finds US Official Set Up Spy Ring in Asia
Oct. 28 -2010--WASHINGTON - A senior Pentagon official broke Defense Department rules and “deliberately misled” senior generals when he set up a network of private contractors to spy in Afghanistan and Pakistan beginning last year, according to the ...Pentagon faults official in spy operation -Pentagon says intel contractors went too far
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More Hispanics in America cite discrimination, survey finds
More Hispanics in America cite discrimination, survey finds
Oct 28-2010-- WASHINGTON - Nearly two-thirds of Latinos in the United States think they are being discriminated against, and a plurality think the backlash over illegal immigration is the central driver of such bias.Nearly two-thirds of US Latinos detect bias, poll finds Spanish-Language Media Launch Drive to Get Hispanics to the Polls
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Weighing New GM's Resale Value
Weighing New GM's Resale Value
Oct. 28-2010--DETROIT—General Motors Co. has made progress tidying up its balance sheet ahead of a planned initial public stock offering next month, but there's still a big question it has to answer for potential investors: Is GM fixed?GM buying back $2.1 billion in US preferred stock GM to cut debt, pension obligations by $11 billion
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Syniverse Jumps On Carlyle's Latest Telecom Deal
Syniverse Jumps On Carlyle's Latest Telecom Deal
Oct 28-2010--Carlyle Group agreed to pay $2.6 billion to take Syniverse Holdings private, in its second telecommunications buyout this week. Carlyle is offering $31 a share in cash, a 30 percent premium to yesterdays closing price.Carlyle Strikes Second Big Telecom Deal Syniverse eyes long-term growth with going-private deal
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China likely to keep rare earth supplies tight
China likely to keep rare earth supplies tight
Oct. 28--2010--BOSTON - China is likely to keep strict controls of rare elements used in wind turbines, batteries and high-tech devices, despite pressure from the US and Japan to loosen export constraints, a metals analyst said.China, Japan PMs likely to skip bilateral talks at summit US and Europe Urged to Join Forces on Rare Earth Metals
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Earnings roundup: Exxon, Raytheon
Earnings roundup: Exxon, Raytheon
Oct. 28-2010-- Exxon Mobil Corp., the world's largest publicly traded oil company, said that profit jumped 55 percent in the third quarter on higher oil prices and increased production.Exxon 3Q Profit Rose 55% On Higher Prices US stocks pare losses in late trade
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Nissan Recalls 2.2 Million Cars, Light Trucks Globally for Ignition Flaws
Nissan Recalls 2.2 Million Cars, Light Trucks Globally for Ignition Flaws
Oct. 28 -2010-Nissan Motor Co., Japan's third- largest automaker, said it's recalling about 2.2 million cars and light trucks globally to fix an ignition defect that can cause an engine to stall.Nissan to fix 2.14 mln cars in 3rd biggest recall Nissan recalling 747000 vehicles in US
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Morgan Stanley Lowers US Dollar Forecasts as Federal Reserve Set to Ease
Oct. 28 -2010--Morgan Stanley lowered its forecasts for the US dollar on expectations the Federal Reserve will buy more assets under so-called quantitative easing to stimulate the economy.FOREX-Dollar steadier after fall, eyes on US GDP Dollar Near 15-Year Low on Prospects Fed Will Ease Policy More
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Tests Warned of Troubles Before BP Blowout
Tests warned of cement problems before well's blowout
Oct 28--2010--BP and Halliburton were aware of them but used it anyway, an investigative commission reports. Weeks before the Deepwater Horizon explosion, oil company BP and subcontractor Halliburton were aware of test results Video: Tests Warned of Troubles Before BP Blowout
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Blue-Chip Stocks Close Slightly Lower, Industrials Weigh
Blue-Chip Stocks Close Slightly Lower, Industrials Weigh
Oct. 28 -2010--NEW YORK (Dow Jones)--Blue-chip stocks closed slightly lower Thursday despite a large drop in weekly jobless claims as investors grew more hesitant ahead of the Federal Reserve's meeting next week. REPORT: Market Flip-Flops On Stimulus Size Treasurys Up As Higher Yields Boost 7-Year Sale Before Month End
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Initial public offering »GM Paying Down Debt, Other Obligations by $11 Billion
Initial public offering »GM Paying Down Debt, Other Obligations by $11 Billion
Oct. 28 -2010-- Robert Schulz, an analyst at Standard & Poor's talks about General Motors Co.'s plans to reduce its debt and other obligations by $11 billion, cutting interest costs and preferred dividends by $500 million a year.GM Moves to Clean Up Its Books Before IPO GM to cut debt, pension obligations by $11 billion
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CORPS »FBI links shooting at recruiting center to 2 others
CORPS »FBI links shooting at recruiting center to 2 othersOct 28-2010-- WASHINGTON -The FBI said on Thursday that it has linked a shooting at a Marine Corps recruiting station in a Virginia suburb outside the US capital to two other shootings at the Pentagon and a Marine Corps museum.FBI: Same Gun Shot at 3 DC Military Buildings FBI: Same gun used in military-related shootings http://www.youtube.com/user/88888FORCE
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Osama bin Laden »Paris increases security after Bin Laden threat
Osama bin Laden »Paris increases security after Bin Laden threat
Oct. 28-2010--Security around Paris was increased early on Thursday following Osama bin Laden's threats to kill French citizens to avenge their country's support for the US-led war in Afghanistanhttp://www.youtube.com/user/88888FORCE?f
and a law that will ban face-covering Muslim veils.Video: Bin Laden targets France, blasts burqa ban and Afghan warBin Laden tape is real, French say
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Smartphones »Verizon Fined $25 Million by FCC for Data Download Overcharges
Smartphones »Verizon Fined $25 Million by FCC for Data Download Overcharges
Oct 28-2010--Verizon Communications Inc. (VZ) was fined a record $25 million by the Federal Communications Commission and agreed to refund an additional $52.8 million to customers to settle ...Verizon Wireless Refunds "Mystery Fees" to FCC and Customers Verizon Settles with FCC for $25 million for Data Charges
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Quantitative easing »Canada's Loonie Gains as US Dollar Falls on Outlook for Federal Reserve
Quantitative easing »Canada's Loonie Gains as US Dollar Falls on Outlook for Federal Reserve
Oct. 28--2010--Canada's currency gained for the first time in three days against the greenback as the US dollar weakened versus all of its 16 most-traded counterparts while commodity prices ...Treasurys Up As Higher Yields Boost 7-Year Sale Before Month End FOREX-Dollar dips as mood shifts again on Fed easing
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Tsunami »Indonesia Survivors Receive Aid as Disaster Death Toll Rises
Tsunami »Indonesia Survivors Receive Aid as Disaster Death Toll Rises
Oct. 28-2010 -- Survivors of a Tsunami in Indonesia's remote west received tents other supplies yesterday and aid workers provided necessities to evacuees from a volcanic eruption,http://www.youtube.com/user/88888FORCE?f
as the number of dead from ...Video: Tsunami, Volcano Toll Higher As Victims Buried Indonesia Death Toll Rises
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Jon Stewart »White House declares 'Daily Show' interview a success
Jon Stewart »White House declares 'Daily Show' interview a success
Oct. 28 -2010--The White House on Thursday declared President Obama's interview with Jon Stewart "a success," though others have questioned whether the appearance may have backfired.Video: Gibbs Rates Obama's Daily Show Appearance RNC Spokesman Calls Obama "Daily Show" Appearance "Sad"
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Oct. 28 -2010--The White House on Thursday declared President Obama's interview with Jon Stewart "a success," though others have questioned whether the appearance may have backfired.Video: Gibbs Rates Obama's Daily Show Appearance RNC Spokesman Calls Obama "Daily Show" Appearance "Sad"
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Gibbs Rates Obama's Daily Show Appearance
Jon Stewart »
White House declares 'Daily Show' interview a success
Oct. 28 -2010--The White House on Thursday declared President Obama's interview with Jon Stewart "a success," though others have questioned whether the appearance may have backfired.
Video: Gibbs Rates Obama's Daily Show Appearance
RNC Spokesman Calls Obama "Daily Show" Appearance "Sad"
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Anna Nicole Smith »Verdicts reached in Anna Nicole Smith drug trial
Anna Nicole Smith »Verdicts reached in Anna Nicole Smith drug trial
Oct. 28 -2010--Anna Nicole Smith died in 2007 from what a Florida medical examiner ruled was "acute combined drug intoxication." Los Angeles, California -- Verdicts in the Anna Nicole Smith drug trial will be announced in a Los Angeles ...Jury acquits one of Anna Nicole's doctors 2 Guilty on Some Counts, 1 Acquitted in Anna Nicole Smith Drug Case
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Halliburton »Firms Knew of Cement Flaws Before Spill, Panel Says
Oct 28--2010--WASHINGTON - Halliburton knew weeks before the fatal explosion of the Macondo well in the Gulf of Mexico that the cement mixture they planned to use to seal the bottom of the well was unstable but still went ahead with the job, ...Tests before Deepwater Horizon explosion showed faulty cement, panel says BP and Halliburton knew of seal risk
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