Obama praises Iraq’s independence but says there will be difficult days aheadWASHINGTON — President Barack Obama warned on Saturday “there will be difficult days ahead” in Iraq and said the U.S. will remain a strong partner to Iraq for its security. ‘Biggest and best’ fireworks show promised in NYC as Independence Day celebrated around USNEW YORK — Fireworks lit the night sky above New York with a kaleidoscope of colors shooting 1,000 feet into the air on an Independence Day that began with the Statue of Liberty’s crown opening to the public for the first time since Sept. 11, 2001. Palin links resignation to ‘higher calling,’ need to unite nation along conservative linesJUNEAU, Alaska — Outgoing Alaska Gov. Sarah Palin on Saturday laid the groundwork to take on a larger, national role after leaving state government, citing a “higher calling” with the aim of uniting the country along conservative lines. 1 dead, several injured when lightning strikes at Fourth of July gathering in central Fla.LAKELAND, Fla. — A lightning strike at a Fourth of July gathering in central Florida killed one person and 18 others were taken to hospitals, officials said Saturday. Biden spends July 4 with son, other troops in Iraq but gets cold shoulder from Iraqi spokesmanBAGHDAD — Vice President Joe Biden spent the Fourth of July with his son and other American troops in Iraq on Saturday, while the Iraqi government spokesman publicly rejected the American’s offer to help with national reconciliation, saying it’s an internal affair. North Korea fires 7 ballistic missiles off eastern coast, flouting UN resolutionsSEOUL, South Korea — North Korea launched seven ballistic missiles Saturday into waters off its east coast in a show of military firepower that defied U.N. resolutions and drew global expressions of condemnation and concern. White House celebrating Independence Day with barbecue, fireworks for military familiesWASHINGTON — President Barack Obama says Iraq’s independence is an extraordinary accomplishment but that its transition won’t be without problems. Idaho Fish and Game plan to kill pelicans to boost fisheries runs into obstaclesBOISE, Idaho — Federal officials have told the Idaho fish and game officials that their plan to halve the number of pelicans nesting in southern and eastern Idaho by 2013 to boost fisheries is an “eradication program” that needs more work. Stocks rise after data shows more stable manufacturing activity, rise in pending home salesNEW YORK — Investors kicked off the stock market’s third quarter with a moderate gain after getting some reassuring data on manufacturing and housing. Tax preparer H&R Block Inc. set to release fourth-quarter resultsKANSAS CIY, Mo. — Financial services company H&R Block Inc. is scheduled to report earnings for its fiscal fourth quarter Monday afternoon. The following is a summary of key developments related to the period. Stocks decline after mixed data; personal spending rises, but so does savingsNEW YORK — Investors are nervous because consumers are saving more than they’re spending. Gasoline futures tumble to end the week, dragging down oil and other energy commoditiesNEW YORK — Gasoline markets exhibited the first signs that an extended rally in pump prices is nearing an end after 52 straight days on the rise. Cable venture suspends first advertising product even before it gets off the groundPHILADELPHIA — A joint venture formed by the nation’s six largest cable operators is suspending trials of its first advertising product before it even gets off the ground. Airbus wins order for 50 jets with budget carrier Wizz Air, promises more on the wayLE BOURGET, France — Airbus extended its lead over archrival Boeing Co. in the hunt for orders at the Paris Air Show on Thursday with the signature of two deals with Chinese and Hungarian airlines. Stocks fluctuate in tight range on cautious FedEx forecast; inflation rises less than expectedNEW YORK — A cautious forecast from FedEx Corp. and a downgrade of 18 banks from a credit rating agency are giving investors new reasons to worry about the economy. Stocks open higher as report says employers cut fewer-than-expected jobs in MayNEW YORK — Investors are cheering a government report that said employers cut fewer jobs than expected last month. Text of Obama’s speech at Cairo University in EgyptText of President Barack Obama’s speech at Cairo University, as provided by CQ Transcriptions. Lions Gate posts wider 4th-qtr loss that Wall Street expects, as revenue sinks 9 percentLOS ANGELES — Lions Gate Entertainment Corp., the movie studio behind the “Saw” horror franchise, said Monday it posted a larger-than-expected loss for its fiscal fourth quarter, though revenue came in better than forecast. Stocks shoot higher in late-day rally after mixed data, commodities advanceNEW YORK — Wall Street sealed the third month of its spring rally with a huge advance. The fourth month looks a little less certain. Pandey’s century downs Deccan ChargersCENTURION - Young Manish Pandey became the first Indian to slam a century in the Indian Premier League (IPL) to propel Bangalore Royal Challengers to a 12-run victory over Deccan Chargers at the SuperSport Park here Thursday. Obama congratulates India for successful conduct of electionsWASHINGTON - US President Barack Obama has congratulated India on successful conduct of its “historic” national elections and looks forward to continue working with the India Government to strengthen partnership between two countries. Navjot Sidhu wins, Vinod Khanna loses in PunjabCHANDIGARH - Cricketer-turned-politician Navjot Singh Sidhu of the Bharatiya Janata Party (BJP) retained his Amritsar Lok Sabha seat even as party colleague and actor Vinod Khanna lost from the adjoining Gurdaspur in Punjab Saturday. ‘Dirty Dancing’ tops Britain’s favourite film pollLONDON - Romantic film ‘Dirty Dancing’ has topped a new online poll to find Britain’s favourite film. Retail sales fall for second straight month in April, raising doubts about recoveryWASHINGTON — Retail sales fell for a second straight month in April, a disappointing performance that raised doubts about whether consumers were regaining their desire to shop. A rebound in consumer demand is a necessary ingredient for ending the recession. Reds’ Joey Votto leaves game with dizziness in fourth inningPHOENIX — Cincinnati first baseman Joey Votto was removed with dizziness in the fourth inning of the Reds’ 3-1 victory at Arizona on Tuesday night. Airlines’ March on-time performance better than year ago, but worse than February of this yearATLANTA — U.S. airlines’ on-time performance and baggage handling improved in March compared with a year ago, but was worse than in February of this year, government data released Tuesday shows. The rate of cancellations and number of complaints to the government was lower year-over year, but higher than in February. Lahore attack memories fresh in Broad’s mindLONDON - Memories of the gruesome Lahore attack are haunting match referee Chris Broad, who along with Sri Lankan cricketers miraculously escaped the terrorists’ gunshots in March. Rookie Raphael Matos leads the way in second round of Indy 500 time trialsINDIANAPOLIS — With so many veteran drivers trying to make it into the field for the Indianapolis 500 on the second day of qualifications, it seemed unlikely the spotlight would fall on rookie Raphael Matos. Anthony’s 3-pointer with 1 second left gives Nuggets 106-105 win over Mavericks and 3-0 leadDALLAS — No matter how many things the Denver Nuggets did wrong Saturday, they somehow always remained within striking distance of the Dallas Mavericks. And with a second left, Carmelo Anthony struck. Anthony broke free of a defender trying to foul him and swished a 3-pointer, giving the Nuggets a 106-105 victory over the Mavericks and a 3-0 series lead that has been insurmountable in NBA history. Rockets’ Yao Ming out for rest of playoffs with sprained left ankleHOUSTON — Yao Ming will miss the rest of the playoffs because of a broken left foot. |
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