Stocks post sharp gains as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve is reassuring investors that they’ve been making the right bets. Stocks add to rally as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve reassured investors that they’ve been making the right bets. Stocks extended their sharp gains Wednesday after the Fed, ending a two-day policy meeting, issued a more optimistic view of the economy and said it appears to be “leveling out.” That was a change from the central bank’s June assessment that the economy was shrinking at a slower pace. Specter: Health care reform opponents ‘not necessarily representative,’ but should be heardSTATE COLLEGE, Pa. — Sen. Arlen Specter heard a fresh chorus of taunts Wednesday from opponents of health care reform and said they were “not necessarily representative of America” but should be heard. Stocks hold on to gains as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve reassured investors that they’ve been making the right bets. Funding disagreement stalls Obama goal to put National Guard troops on southern borderWASHINGTON — A government plan to use National Guard troops to help stem Mexican drug violence along the southern border is stymied by disagreements over who will pay for the soldiers and how they would be used. Record federal deficit climbs higher, $180.7 billion in July, $1.27 trillion so far this yearWASHINGTON — The federal deficit climbed higher into record territory in July, hitting $1.27 trillion with two months remaining in the budget year. Syria signals to West it wants to help defuse tensions over election turmoil in allied IranBEIRUT — Syria’s assistance to France in winning the release of an embassy employee on trial in Tehran signaled to the West that Damascus wants to help defuse tensions over Iran’s postelection turmoil, analysts said Wednesday. Akal Takht asks SGPC to send team to probe Vienna shootingAMRITSAR - The Akal Takht, the highest temporal seat of Sikhs, Wednesday directed the Shiromani Gurdwara Parbandhak Committee (SGPC) to send a team to Austrian capital Vienna to probe the shootout at a shrine there that left a leader of Dera Sach Khand sect dead in May this year. Tamil Nadu flag-makers report good business ahead of Independence DayCHENNAI - Flag makers in Tirpur, the hosiery hub of Tamil Nadu, are doing a brisk business ahead of the 62nd anniversary of Independence Day. Specter faces more questions on health care in Pa.; says protesters have right to organizeSTATE COLLEGE, Pa. — Sen. Arlen Specter faced more jeers and taunts during another town hall meeting that turned into a vocal debate about health care reform. 2010 Chevrolet Camaro is sporty, fun, modern and powerfulHope you’re not tired of retro-styled cars just yet because one of the best just arrived in showrooms. Delta Air Lines, US Airways swapping slots at New York, D.C. airportsATLANTA — The sudden flurry of airlines swapping takeoff and landing slots at Washington and New York area airports continued Wednesday with Delta and US Airways striking a deal similar to one between AirTran and Continental disclosed the day before. I-cards will enable poor access services: PMNEW DELHI - Recognising that the lack of identity proof resulted in harassment and denial of services to the poor and marginalized, Prime Minister Manmohan Singh Wednesday said high priority would be given to the newly constituted Unique Identification Authority of India (UIDAI) that will provide a single identity number and card to each of the country’s 1.17 billion people. Sen. Specter: Protesters have right to organize, but they aren’t ‘representative of America’WASHINGTON — Sen. Arlen Specter said Wednesday he thinks people who have been angrily disrupting town hall meetings on overhauling the health care system are “not necessarily representative of America,” but should be heard. ‘Artificial leaf’ that may help generate clean power on the anvilLONDON - Researchers at Imperial College London are trying to imitate the process of photosynthesis by making an ‘artificial leaf’ to produce clean power. Funding disagreement stalls Obama goal to put National Guard soldiers on southern borderWASHINGTON — A proposed government plan to use National Guard troops to help stem Mexican drug violence along the southern border is stymied by disagreements over who will pay for the soldiers and how they would be used. Indian Navy sailor on a solo global voyagePANAJI - An Indian Navy commander is attempting a daunting solo sailing expedition across the globe with only a soft toy replica of Tweety, the cute yellow canary popularized in cartoons, as company. US stands by India on terrorism, to advance strategic cooperation with India: New envoyNEW DELHI - The United States intends to stand by India on combatting the menace of terrorism, and on advancing strategic cooperation between the two countries. It will also pursue a robust agenda with New Delhi on key issues such as energy, climate change, education and development; economics, trade and agriculture; science, technology, health and innovation, said new U.S. ambassador to India Timothy Roemer. AD Barnhart ready for Kentucky athletics to take next step after ‘consistent’ 2008-09 seasonLEXINGTON, Ky. — The signs are simple in design, plain and to the point. Obama takes on role of fact-checker as he pushes for health care overhaul in West, on WebWASHINGTON — President Barack Obama is turning his eyes West and hitting the Web as he steps up his counteroffensive against critics of a proposed health care overhaul. US Marines storm into strategic Taliban-held town in southern AfghanistanDAHANEH, Afghanistan — Helicopter-borne U.S. Marines backed by Harrier jets stormed into a Taliban-held town in southern Afghanistan before dawn Wednesday and exchanged heavy fire with insurgents, killing at least seven. Marines assault Taliban-held town in southern AfghanistanDAHANEH, Afghanistan — Helicopter-borne U.S. Marines backed by Harrier jets stormed a Taliban-held town in southern Afghanistan before dawn Wednesday, the launch of a new operation to uproot Taliban fighters from a longtime base and provide security for next week’s presidential election. Police: Man accused of orchestrating hit of alleged ICE informant was himself an informantEL PASO, Texas — A man accused of hiring a U.S. Army soldier and another man to kill a Mexican drug cartel lieutenant who was cooperating with U.S. authorities was himself a government informant, police said Tuesday. Police: US soldier was triggerman in paid hit on Mexican cartel member who was informantEL PASO, Texas — An 18-year-old U.S. Army soldier was the triggerman in a paid hit on a Mexican drug cartel figure who was also an informant for the U.S. drug enforcement agency, police said Tuesday in announcing the arrests of the soldier and two alleged coconspirators. Before friendly town hall, Obama takes on health care critics, says they create boogeymenPORTSMOUTH, N.H. — Braced for a fight he never got, President Barack Obama went on the offensive in support of his health care plan Tuesday, urging a town hall audience not to listen to those who seek to “scare and mislead the American people.” Iraqi police say several bombs strike Shiite areas in Baghdad, killing at least 8 peopleBAGHDAD — Several bombs exploded nearly simultaneously Tuesday in a mainly Shiite area in Baghdad, killing at least eight people and raising fears of a sustained insurgent campaign aimed at provoking new sectarian tensions. The five-day death toll rose to 123 in the worst spasm of bombings the country has suffered since U.S. forces left the cities at the end of June, turning over urban security to Iraqi troops. Obama goes on offensive in support of health care plan, saying critics using ’scare tactics’PORTSMOUTH, N.H. — Braced for a fight he never got, President Barack Obama went on the offensive in support of his health care plan Tuesday, urging a town hall audience not to listen to those who seek to “scare and mislead the American people.” Ex-Nazi army officer convicted, sentenced to life for ordering death of 10 Italians in WWIIMUNICH — Gino Massetti was only 15 when Nazi troops rounded him up with 10 other Italian civilians and forced them into a barn in Tuscany before blowing it up — a massacre carried out in revenge after partisans killed two soldiers. US Sen. Nelson of Nebraska responds to group’s TV ads on health care reform with his own adOMAHA, Neb. — U.S. Sen. Ben Nelson, a Nebraska Democrat who has been under fire for being a less-than-enthusiastic backer of the Obama administration’s health care reform plans, has launched an ad campaign to counter criticism. Iraqi police say several bombs strike Shiite area in Baghdad, killing at least 8 peopleBAGHDAD — Several bombs exploded nearly simultaneously Tuesday in a mainly Shiite area in Baghdad, killing at least eight people and raising fears of a sustained insurgent campaign aimed at provoking new sectarian tensions. |
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