Thousands pay respects to Cuban revolutionary hero, Juan Almeida BosqueHAVANA — Tens of thousands of Cubans lined up Sunday to pay their respects to Juan Almeida Bosque, a vice president and hero of the country’s 1959 revolution whose death at the age of 82 further thinned the ranks of this communist-run country’s old-guard leaders. Anatomy of a meltdown: How the financial crisis unfolded in 5 terrifying weeksNEW YORK — The nation was focused on a tropical storm spinning off the Carolinas and a hurricane headed for Florida. People were gaming out how a political novice named Sarah Palin might upend the presidential campaign. Meltdown 101: Will the government be able to recover bailout money _ and even earn a profit?WASHINGTON — A gaggle of big banks have repaid their loans to the government under the $700 billion financial rescue. Is there a chance taxpayers will eventually recoup the rest of the money spent on this and other bailouts — and maybe even take in a little profit? Kennedy funeral to be in Boston, then burial at Arlington near slain brothersBOSTON — Sen. Edward M. Kennedy’s body and members of his family will travel for at least two hours from his Cape Cod home to Boston, where he will lie in repose for two days before his funeral at the Arlington National Cemetery in Virginia. Eight killed, 54 missing in Russia power plant blastMOSCOW - At least eight people were killed and 54 others missing Monday when an oil transformer at a power station exploded in Russia’s southern Siberia, officials said. ‘Super Earth’ has rocky surface, say astronomersSYDNEY - European astronomers have said that the smallest planet yet detected outside our Solar System, dubbed ‘Super Earth’, appears to have a solid surface. Bharti, MTN yet to finalise merger dealNEW DELHI - Indian telecom major Bharti Airtel and South African telecom giant MTN are yet to finalise their much-awaited merger deal, a senior official said here Friday. Democratic senators seek investigation of merger of prescription drug giants Caremark and CVSWASHINGTON — Three Democratic senators have asked the Federal Trade Commission to re-examine the 2007 merger of prescription drug giants Caremark and CVS, expressing concern the merged company will drive independent pharmacies out of business. Stocks soar in early going amid more solid earnings reports; Caterpillar raises outlookNEW YORK — More solid earnings reports and upbeat outlooks from big-name companies are feeding investors’ newfound optimism and carrying stocks higher. Halliburton 2Q profit falls 48 pct; CEO says no end to natural gas glut this yearHOUSTON — Halliburton on Monday said its profit tumbled for a second straight quarter, primarily from a falloff in natural-gas production in North America, and the oilfield services giant offered little hope for an uptick in drilling before year’s end. Stock futures slip as Bank of America, GE beat earns estimates, but show some weaknessNEW YORK — Stock futures are slightly lower Friday as investors receive more mixed signals on the economy from earnings reports. Squid vs. scuba: Invasion of jumbo squid off San Diego coast spooks and intrigues diversSAN DIEGO — Jumbo flying squid — aggressive 5-foot-long sea monsters with razor-sharp beaks and toothy tentacles — have invaded the shallow waters off San Diego, spooking scuba divers and washing up dead on tourist-packed beaches. Parliament panel says foreign retailers flouting normsNEW DELHI - Questioning the government policy that permits foreign firms to set up single-brand retail stores, a parliamentary panel says the norms are being flouted especially in malls, adversely affecting small shopkeepers. Text of President Barack Obama’s speech in Ghana on SaturdayText of President Barack Obama’s speech Saturday in Accra, Ghana, as provided by the White House: Bidding opens up in Baghdad; big oil eyes a bigger role in Iraqi fieldsBAGHDAD — More than three decades after they were booted from the country by Saddam Hussein, international oil companies are poised for a return to Iraq where next week they will bid for a slice of the country’s vast crude reserves. New hydrogen-powered city car launchedLONDON - A new hydrogen-powered city car has been launched in the UK, which attempts to sidestep the three main hurdles to the dream of hydrogen-fuelled highways. GM, Chrysler leaders say dealership closings needed to preserve auto jobsWASHINGTON — Under withering criticism in Congress, General Motors and Chrysler executives on Friday called the closings of hundreds of dealerships painful steps needed to right-size the auto giants. Down-on-their luck dealers said the moves would needlessly devastate their local economies and livelihoods. Nets CEO defends decision to jettison design of architect Frank GehryNEW YORK — The chief executive of the Nets defended his team’s decision to jettison architect Frank Gehry’s design for a new arena in Brooklyn and replace it with a more conventional and less costly option. Mining giant Grupo Mexico offers $2.9 billion for Asarco; tops bid by India’s SterliteDENVER — Grupo Mexico SAB offered $2.9 billion Tuesday to regain control of Arizona-based Asarco LLC and pull it out of bankruptcy protection, topping a bid from India’s largest copper producer. Euphoria over MTN-Bharti transaction wanes in South AfricaJOHANNESBURG - Analysts here, who were initially enthusiastic over the transaction between mobile phone giants Bharti Airtel of India and South Africa’s MTN, have turned cautious after share prices of both companies dropped Wednesday. Trade deficit widens in March for first time since July as recession cuts into US export salesWASHINGTON — The U.S. trade deficit rose in March for the first time since last July as the global recession cut sharply into sales of American exports. The politically sensitive deficit with China increased. Derek Lowe outlasts Johan Santana, Braves end Mets’ 7-game winning streak with 8-3 victoryNEW YORK — Johan Santana would be just about unbeatable if he got any help from his teammates. Ramirez’s 50-game suspension sends shockwaves through MannywoodLOS ANGELES — Now that the Los Angeles Dodgers won’t have Manny Ramirez at their disposal for the rest of his 50-game drug suspension, they plan to keep grinding it out as though nothing had happened. That may be easier said than done, despite his teammates’ bravado. Dodgers set club record with 10-0 start at home, beat Padres 7-3 to finish 4-game sweepLOS ANGELES — Chad Billingsley completed seven innings for the third straight start, Orlando Hudson drove in three runs with a pair of doubles and the Los Angeles Dodgers beat the San Diego Padres 7-3 on Sunday to set a franchise record for the best home winning streak to begin a season. Review: Welser-Moest’s musical mastery suffuses Wagner’s RheingoldVIENNA — The gods were OK. The giants looked neat and the evil dwarf was scary. Giants 9, Dodgers 4DP_San Francisco 1. LOB_Los Angeles 8, San Francisco 11. 2B_Hudson (6), Loretta (1), Pierre (1), Renteria (5), Uribe (3), Schierholtz (3). 3B_B.Molina (1). HR_B.Molina (4). SB_Rowand (1). S_Lincecum. Tim Lincecum pitches into 8th, Molina gets 4 RBIs in Giants’ 9-4 win over DodgersSAN FRANCISCO — Tim Lincecum allowed six hits and struck out eight while pitching into the eighth inning, and Bengie Molina drove in four runs in the San Francisco Giants’ 9-4 victory over the Los Angeles Dodgers on Wednesday night. Part II of the text of President Barack Obama’s news conference on WednesdayPart II of the text of President Barack Obama’s news conference on Wednesday at the White House, as transcribed by CQ Transcriptions: Talks on mortgage relief hit snag as credit union group rejects Senate proposalWASHINGTON — Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal. Scientists unveil “extraordinary” discovery: Earth-sized planet outside our solar systemHATFIELD, England — In the search for Earth-like planets, astronomers zeroed in on two places that look awfully familiar to home. One is close to the right size. The other is in the right place. European researchers said they not only found the smallest exoplanet ever, called Gliese 581 e, but realized that a neighboring planet discovered earlier, Gliese 581 d, was in the prime habitable zone for potential life. |
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