Reuters - President Barack Obama will announce on Monday a six-year plan to revamp the United States' road, railways and runways with a $50 billion up-front investment to jump-start job creation, the White House said.
Reuters - President Barack Obama will announce on Monday a six-year plan to revamp the United States' road, railways and runways with a $50 billion up-front investment to jump-start job creation, the White House said.
AFP - US President Barack Obama unveils plans Monday to spend at least 50 billion dollars to expand and renew US roads, railways and airports, in a fresh bid to fire up sluggish economic growth.
AFP - US President Barack Obama unveils plans Monday to spend at least 50 billion dollars to expand and renew US roads, railways and airports, in a fresh bid to fire up sluggish economic growth.
AP - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and runways that would cost at least $50 billion.
AFP - Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.
AP - Labor Secretary Hilda Solis is defending President Barack Obama's efforts to combat the recession and unemployment, saying his focus has been on helping the jobless and underemployed.
Reuters - Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided.
AFP - US President Barack Obama will travel to the Midwestern US state of Wisconsin Monday as part of a broad effort to stem ebbing political support over the slowing economic recovery.
AP - The Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway has acknowledged extorting money from Holloway's parents and says he did it to get back at them.
Reuters - Wang Yong, a name little heard on the global business stage, has become boss of the world's biggest mobile telecom carrier, the most valuable coal producer and Asia's top oil refiner.
AP - The USS Olympia, a one-of-a-kind steel cruiser that returned home to a hero's welcome after a history-changing victory in the Spanish-American War, is a proud veteran fighting what may be its final battle.
AP - The Black Widow of eating contests gobbled up nearly 181 chicken wings in 12 minutes, devouring the national championship record in Buffalo on Sunday.
Reuters - Australia's top investment bank Macquarie Group Ltd warned investors it would miss profit forecasts after weak markets took a toll on its trading and advisory business, sending its shares to a 15-month low.
AP - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday.
AP - Oil prices slipped to near $74 a barrel Monday in Asia as traders weighed whether growing Chinese demand can offset weak U.S. fuel consumption amid high unemployment.
Reuters - Aftershocks rocked New Zealand's second-biggest city on Monday causing further damage and forcing authorities to extend a state of emergency after the country's most damaging earthquake in 80 years.
Reuters - Shares in Hon Hai Group (2317.TW), maker of Apple's iPhones, fell as much as 4 percent on Monday after its chairman was quoted as saying in a report that the group will halve its long-term sales growth target to 15 percent annually.
AFP - President Barack Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported.
The Christian Science Monitor - Stimulus: Buy US goodsRegarding the article "The intricate task of recovery" (Aug. 16 double issue): A congressional budget analyst is quoted as saying, "[I]t's a choice between putting people back to work and cutting the deficit. You cannot do both." This implies that we need more government stimulus to create jobs, thereby increasing the deficit.
AP - In the turbulent year of the tea party, Republican Rep. Mike Castle of Delaware set out to jangle no nerves as he ran for a Senate seat long held by Vice President Joseph Biden. It's the way Republican strategists originally envisioned 2010, a roster of seasoned politicians pointing the party toward significant gains in the Senate.
Reuters - Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
AP - The yellow-green streaks of fireflies that bring a magical air to summer nights, inspire camp songs and often end up in jars in children's bedrooms may be flickering out in the nation's backyards as suburban sprawl encroaches on their habitats.
AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.
AP - A flight attendant who captured America's attention when he told off a plane full of passengers and then slid down an emergency chute resigned from his job last week and wasn't fired, his lawyer said Sunday.
AP - A suicide car-bomber killed three soldiers and wounded 32 others in an attack on a military base in Russia's violence-plagued republic of Dagestan on Sunday, officials said.
CQPolitics.com - Outside organizations have shelled out twice as much on ads and other electioneering activities to affect Congressional races so far during the 2010 election cycle as they did two years ago.
The year 2010 will see states spend heavily on promotional activities to attract travellers, both domestic and foreign. Of their budgets allotted for tourism, states are looking at a slew of promotional activities, including advertisement campaigns, roping in popular personalities as ambassadors and roadshows.
Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
CQPolitics.com - Republican Senators on Sunday predicted widespread victories for their party in November, but Democratic Party operatives said they could keep their hold on Congress thanks to the same group of voters earning GOP praise: the tea party movement.
CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.
AP - Government officials from around the world used to come to this port city to catch a glimpse of the future: Two-story piles of trash would disappear into a furnace and eventually be transformed into electricity to power thousands of homes.
AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.
AP - Duong Nghe Ly can't wait to begin his senior year at South Philadelphia High School. A day of violence there last year changed his life, and he wants to learn if his school has been transformed as well.
AP - Government agencies are seeking broad new authority to ramp up killings and removals of gray wolves in the Northern Rockies and Great Lakes, despite two recent court actions that restored the animal's endangered status in every state except Alaska and Minnesota.
AP - It is a place of sacrifice. A place of mourning. A place people pass by on their way to grab lunch. It's a place where tourists crane their necks to snatch a glimpse around barriers walling off an enormous construction site — which is also what it is.
AP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.
AP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.
AFP - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.