Can chem prof succeed in mission to guide war-weary veterans back to college?CLEVELAND — John Schupp pulled his car onto a country road lined with half-grown corn. Dark clouds obscured the sun, and he couldn’t tell which way pointed east or west. Thunder rumbled in the distance. ECB holds steady, keeps its benchmark interest rate at 1 percentLUXEMBOURG — The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday, preferring to wait and see if its “spectacular” infusion of credit into the banking system will loosen lending to consumers and businesses in the euro zone’s struggling economy. AP source: National Guard to seek volunteers to bolster counter-drug efforts on Mexican borderWASHINGTON — The Obama administration is developing plans to seek up to 1,500 National Guard volunteers to step up the military’s counter-drug efforts along the Mexican border, senior administration officials said Monday. Scandal-hit Berlusconi seeks sobriety by hosting G-8ROME - Facing a series of domestic scandals that would have embarrassed Roman Emperor Tiberius, Italian Prime Minister Silvio Berlusconi has decided to take the sobriety route by announcing the program for this year’s G-8 summit. Seeds of Peace camp begins 17th season as quest for peace in the Middle East goes onOTISFIELD, Maine — For the 17th year in a row, Israeli and Palestinian teenagers have come together at a summer camp in the western Maine woods to make new friendships, understand each other’s dreams and fears, and possibly lay a groundwork for peace in the Middle East. State Department: Arms and training for Somalia valued at less than $10 millionWASHINGTON — A State Department official says the weaponry and military training that the United States has been supplying to the government of Somalia in recent weeks is valued at less than $10 million. Government warns consumers about unofficial “cash for clunkers” Web sitesWASHINGTON — The government is warning consumers to be wary of unofficial “cash for clunkers” Web sites that seek personal information or direct consumers to pre-register for the program. New home sales unexpectedly drop of 0.6 percent in May as demand for housing remains sluggishWASHINGTON — New U.S. home sales dipped slightly last month, in another sign that the housing market recovery is likely to be gradual and prolonged. Police in tracksuits, smiling Tibetans: Foreign reporters get tightly controlled tour of LhasaLHASA, China — The Chinese paramilitary police who usually patrol Tibet’s often tense capital went to work in black and yellow track suits last week instead of their green uniforms. The occasion: a government-arranged visit by a group of foreign journalists. Bank of England says positive economic signs, financial watchdog warns against complacencyLONDON — A Bank of England policymaker said Tuesday that early signs from the bank’s program to boost lending are positive, while the head of the country’s financial watchdog warned that an early economic recovery could undermine efforts to prevent a repeat of the current crisis. AP source: Energy Department to loan money to Ford to develop fuel-efficient vehiclesWASHINGTON — The Energy Department is lending money to the Ford Motor Co. from a $25 billion fund to develop fuel-efficient vehicles, congressional officials said Monday. North Carolina dedicating historical marker to victims of state’s forced sterilization programRALEIGH, N.C. — North Carolina recalled a regrettable side of its history on Monday by unveiling a roadside marker remembering poor people, mental patients and prisoners who were sterilized against their will by state officials. White House, congressional leaders, drug companies negotiate closing Medicare gapWASHINGTON — The pharmaceutical industry would finance improved coverage under the Medicare prescription drug program and help defray the cost of President Barack Obama’s health care legislation under an $80 billion deal with key lawmakers and the White House that officials said Friday night was close to agreement. Gov’t preparing to release CIA report detailing interrogation, secret detentionsWASHINGTON — The government is preparing to release a long-delayed internal report on the CIA’s secret detention and interrogation program. How much of the document will be declassified for public view isn’t yet known. Senate passes $1 billion ‘cash for clunkers’ program over strong Republican oppositionWASHINGTON — Congress approved a “cash for clunkers” program Thursday to provide government incentives of $3,500 to $4,500 to motorists who trade in their gas guzzlers for more fuel efficient vehicles after Senate Democrats narrowly defeated a Republican effort to kill the plan. Goldman Sachs completes repayment of $10 billion received as part of government programNEW YORK — Goldman Sachs Group Inc. said Wednesday it has repaid the $10 billion it received last fall as part of the government’s $700 billion bank bailout program. Russia, China express “serious concern” about Korean tension, urge renewal of six-nation talksMOSCOW — Russia and China expressed serious concern Wednesday about the tension on the Korean peninsula and urged North Korea to return to six-nation talks on its nuclear program. E-Trade to raise $400 million through stock offer, plans to exchange $1 billion in debtNEW YORK — E-Trade Financial Corp. said Wednesday it is raising capital and exchanging debt in an effort to get out from under mortgage-related loan losses. The news sent shares of the struggling online brokerage and bank skidding. Investors show no appetite for Fed program to bolster commercial real estate loansWASHINGTON — Investors showed no appetite for commercial real estate loans in the debut of a government plan intended to boost their availability. Treasury provides $3 billion more in incentives for program designed to fight foreclosuresWASHINGTON — The government will provide another $3.1 billion to a group of mortgage servicing companies as an incentive to modify loans to combat record levels of foreclosures. Vintage news, earthshaking and obscure: Online archive of historical newspapers hits 1M pagesWASHINGTON — “Flying Machine that will Work: Ohio Boys have Solved a Big Mechanical Problem,” reads a headline from the Palestine Daily Herald in Texas. Military academies see applications jump as tough economy pairs with stepped-up recruitingANNAPOLIS, Md. — Applications have surged at the nation’s three top military academies as tough economic times coincide with stepped-up recruiting efforts by the Army, Navy and Air Force schools, making the prospect of free college and a steady job look sweeter. FAA administrator says he’ll pursue new rules on airline pilot hours to curb fatigueWASHINGTON — Obama administration officials said Monday they will propose new limits on how many hours airline pilots can fly in an effort to curb pilot fatigue, an issue safety officials have been urging action on for two decades. Treasury says loans held by 21 largest banks getting bailout support fell again in AprilWASHINGTON — The value of loans held by the 21 largest institutions getting support from the government’s $700 billion bailout fund fell in April, the fifth decline in six months. Getting the story straight, inmate reporters wield pens in the penSAN QUENTIN, Calif. — Like journalists everywhere, the staff of the San Quentin News cover news, sports and the local arts scene. But these reporters are pen men with a difference. Australia tries to heal ailing Aboriginal communities with ‘tough love’ _ but is it enough?WADEYE, Australia — Along the dusty red road that leads from the lonely airstrip into town, the signs flash by: “No alcohol,” says one. “Petrol sniffing kills,” admonishes another. “Don’t bring gunja into our town,” warns a third. War-funding bill back on track for passage after Obama promises to withhold abuse photosWASHINGTON — Briefly held up in a battle over detainee abuse photos, a crucial war-funding bill appeared back on track for passage Thursday evening, coincidentally aided by a federal appeals court in New York. Banks cut borrowing from Federal Reserve’s emergency program to $36.9 billionWASHINGTON — Banks cut borrowing from the Federal Reserve’s emergency lending program, while investment firms took a pass for the fourth straight week, a sign some credit problems are easing. Think before you take out the trash: San Francisco bill says recycle food scraps, or pay fineSAN FRANCISCO — Trash collectors in San Francisco will soon be doing more than just gathering garbage: They’ll be keeping an eye out for people who toss food scraps out with their rubbish. With fiscal meltdown looming, California lawmakers debate blueberries and pomegranatesSACRAMENTO, Calif. — What budget crisis? |