European markets subdued after week long advance; China rallies after extended holiday

euro_notescoinsEuropean markets subdued after week long advance

Analysis: Obama wins Nobel Peace Prize, but some wonder why

WASHINGTON — The awarding of the Nobel Peace Price to President Barack Obama landed with a shock on darkened, still-asleep Washington. He won! For what?

US stock futures hold steady amid mixed trading overseas, strengthening dollar

us-finance-industry2US stock futures little changed as dollar rises

Obama’s Nobel Peace Prize triumph hailed by many despite doubts that it may be premature

LONDON — The surprise choice of President Barack Obama for the Nobel Peace Prize drew praise from much of the world Friday even as many pointed out the youthful leader has not yet accomplished much on the world stage.

US envoy tries to break Mideast deadlock as Obama wins Nobel Peace Prize

JERUSALEM — When President Barack Obama won the Nobel Peace Prize on Friday, his Mideast envoy was hard at work in Jerusalem trying to revive a faltering peace process on which Obama has staked his credibility and that of the United States.

China tells US to back off on Tibet after Washington honors Dalai Lama

BEIJING — China accused the United States on Friday of meddling in its domestic affairs after American lawmakers recognized the Dalai Lama with an award for his efforts to improve human rights.

Chevron says 3Q earns likely up significantly from 2Q on higher oil prices, asset sales

SAN RAMON, Calif. — Chevron Corp. expects its third-quarter earnings to be significantly higher than the second quarter on higher crude oil prices and gains from asset sales and tax items.

First of 2 NASA planned moon crashes is a hit; Scientists look for water in kicked up dust

WASHINGTON — NASA has successfully bulldozed two spacecraft into the moon’s south pole in a search for hidden ice, but without the promised live photos.

President Barack Obama wins Nobel Peace Prize for efforts at diplomacy, cooperation

barack_1498722cPresident Barack Obama wins Nobel Peace Prize

A list of US winners of the Nobel Peace Prize

President Barack Obama is not the first sitting U.S. president to receive the Nobel Peace Prize — Woodrow Wilson and Theodore Roosevelt were the first two, and he joins a long list of Americans whose efforts have drawn the attention of the Norwegian Nobel Committee.

UN climate talks in Bangkok fail to tackle key issues of emissions, finance

climate-changeNo deal on crucial issues as UN climate talks end

Gibbs wakes up Obama with news president has won Nobel Peace Prize

WASHINGTON — The White House says President Barack Obama woke up to the news that he had won the Nobel Peace Prize a little before 6 a.m.

Isolated Turkmenistan denies entry to Peace Corps volunteers

ALMATY, Kazakhstan — The reclusive Central Asian nation of Turkmenistan has denied entry to dozens of Peace Corps volunteers, the organization’s country director said Friday.

US, EU officials meet with Bosnians in talks dubbed ‘Dayton 2′

SARAJEVO, Bosnia-Herzegovina — European and U.S. officials sat down with leaders in Bosnia on Friday for talks aimed at putting the country on a quicker path to EU and NATO membership.

US man to be in custody 10 more days in Japan for taking own kids from ex-wife

TOKYO — Japanese police said Friday that they are keeping an American man in custody for 10 more days before authorities decide whether to press charges against him for snatching his children from his ex-wife.

US stock futures slightly lower amid mixed trading overseas, strengthening dollar

NEW YORK — U.S. stock futures are slightly lower Friday amid a strengthening dollar after the market’s strong performance this week.

Trade deficit expected to rise again in August due to higher oil prices, auto imports

WASHINGTON — The trade deficit likely widened in August, pushed higher by rising imports of oil and increases in demand for foreign-made cars, reflecting a boost from the Cash from Clunkers program.

Briton accused of hacking US military computers fails in latest attempt to avoid extradition

LONDON — A British man accused of hacking into American military computers has failed in his latest bid to avoid extradition to the U.S., his lawyer said Friday.

Suicide car bomb kills 49 in Pakistan, wounds 100, bringing major militant offensive closer

pakistan_gree_20091009053104_320_240Suicide car bomb kills 49, wounds 100 in Pakistan

Oil prices hovers above $71 in Asia as US dollar rebounds

SINGAPORE — Oil prices hovered above $71 a barrel Friday in Asia as the U.S. dollar rebounded.

Tsunamis a blow to tuna cannery industry and already fragile American Samoa economy

22381_345x267_72_dpi_0Tsunamis hit American Samoa’s economic engine

Iran’s Revolutionary Guard official warns Iran will ‘blow up the heart of Israel’ if attacked

TEHRAN, Iran — Iran will “blow up the heart of Israel” if the United States or the Jewish state attacked it first, a top official with Iran’s most powerful military force — the Revolutionary Guard — warned Friday.

China leads stock advance as dollar rallies following Bernanke comments

LONDON — Chinese stocks rallied Friday as traders returned to their desks following a weeklong holiday, when the rest of the world’s major markets shot higher amid mounting optimism about the global economic recovery. European markets were mostly unchanged.

German carmaker Audi sees September car sales fall 6.8 percent on year

FRANKFURT — German carmaker Audi AG said Friday it delivered 6.8 percent fewer cars in September than a year earlier as the global downturn continued to affect demand, but noted it fared better than the wider market and saw gains in some regions.

Excerpts from citation for the 2009 Nobel Peace Prize to President Barack Obama

OSLO, Norway — Excerpts from the citation awarding the 2009 Nobel Peace Prize to President Barack Obama:

Obama to promote Consumer Financial Protection Agency, meet with team on Afghanistan, Pakistan

WASHINGTON — President Barack Obama will be calling on Americans to stand up to those who oppose a new Consumer Financial Protection Agency.

US forces in Afghanistan withdraw from isolated eastern base after deadly attack

KABUL — Taliban fighters claimed Friday their flag was flying victoriously over an eastern Afghan village U.S. forces abandoned after suffering casualties in one of the war’s deadliest battles for American troops.

Navy to name cargo ship in honor of slain civil rights leader Medgar Evers

WASHINGTON — Slain civil rights leader Medgar Evers will be honored Friday with a Navy supply ship named for him.

Obama wins Nobel Peace Prize for ‘extraordinary efforts to strengthen international diplomacy’

OSLO — President Barack Obama won the 2009 Nobel Peace Prize on Friday in a stunning decision designed to encourage his initiatives to reduce nuclear arms, ease tensions with the Muslim world and stress diplomacy and cooperation rather than unilateralism.

President Barack Obama wins 2009 Nobel Peace Prize

OSLO — President Barack Obama won the 2009 Nobel Peace Prize on Friday for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” the Norwegian Nobel Committee said, citing his outreach to the Muslim world and attempts to curb nuclear proliferation.

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