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Gov't launches plan to help "underwater" borrowers (AP)

AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

No recession here: Election spending sets records (AP)

FILE - In this Sept. 1, 2010, file photo, California Republican gubernatorial candidate Meg Whitman speaks in Folsom, Calif.  This year's volatile election is bursting at the seams with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign finance rules.(AP Photo/Rich Pedroncelli, File)AP - Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.


Colorado wildfire destroys dozens of homes (AP)

Kurt Rieder, in white hat, with his 9 year old daughter Lily watch the smoke plume from a wildland fire burning in the Four Mile Canyon area just west of Boulder Colo. on Monday, Sept. 6, 2010. High winds pushed the smoke and ash eastward over the Colorado plains. (AP Photo/Peter M. Fredin)AP - A wind-whipped wildfire sent flames roaring through a rugged canyon in the Colorado foothills, forcing about 3,000 people to flee the area and destroying dozens of homes — some that belonged to the firefighters themselves, authorities said Tuesday.


Flight attendant in passenger tiff to be evaluated (AP)

FILE - In this Aug. 10, 2010 file photo, JetBlue flight attendant Steven Slater leaves a correctional facility in the Bronx after posting bail in New York.  JetBlue Airways says that there will be no second exits for Slater, who captured the nation's imagination with his profanity-laced loudspeaker tirade and jump down a plane's emergency chute, beer in hand. Spokeswoman Jenny Dervin said Saturday, Sept. 4, 2010 that Slater is no longer employed by the airline.   (AP Photo/Louis Lanzano, File)AP - A former JetBlue flight attendant accused of cursing out a passenger and sliding down an emergency exit chute will be mentally evaluated for a possible plea deal.


Democrats Face GOP Election Day Tsunami in House, Senate (Time.com)

Time.com - There are still 60 days to go before Election Day but the smart money -- lots of it -- is on the GOP winning very, very big

Kansas man charged with murdering burned teen (AP)

AP - A 36-year-old Kansas man has been charged with capital murder and criminal sodomy in the death of a 14-year-old girl whose burned body was found behind an asphalt plant where he worked.

Google to start TV service in U.S. this autumn (Reuters)

Reuters - Google Inc will launch its service to bring the Web to TV screens in the United States this autumn and worldwide next year, its chief executive said, as it extends its reach from the desktop to the living room.

HSBC Chairman Green to step down (Reuters)

Group chairman of HSBC Holdings Stephen Green speaks at the Institute of Directors (IOD) annual convention at the Albert Hall in London in this April 28, 2010 file photo. REUTERS/Luke MacGregorReuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC said its chairman Stephen Green is leaving to go into government.


Britian falls in graduation rate ranking (AFP)

Britain's position in an international graduate league table has plummeted, as spending cuts threaten to cast a further blow to higher education, a report shows.(DDP/AFP/File/Philipp Guelland)AFP - Britain's position in an international graduate league table has plummeted, as spending cuts threaten to cast a further blow to higher education, a report showed Tuesday.


Japan reporter tricked captors into using Twitter (AP)

Freed Japanese freelance journalist Kosuke Tsuneoka ponders on reporters' questions during a press conference at the Foreign Correspondents' Club of Japan in Tokyo, Tuesday, Sept. 7, 2010. Tsuneoka was kidnapped in April, when he traveled to a Taliban-controlled area in northern Afghanistan, and was released Saturday night to a Japanese Embassy. (AP Photo/Shizuo Kambayashi)AP - A Japanese journalist held hostage in Afghanistan for five months managed to send out a message via Twitter that he was alive when his captors asked him how to use a cell phone.


Blast rocks police installation in NW Pakistan (AP)

Villagers gather near the bodies of victims who were killed in a suicide bomb attack in the town of Lakki Marwat in Pakistan's northwest, September 6, 2010. A suicide bomber rammed his car into a police station in northwest Pakistan on Monday killing at least 19 people, police said, in a new wave of attacks by al Qaeda- and Taliban-linked militants. REUTERS/Zahid MohammadAP - A government official says a large explosion has ripped through a police compound in a northwestern Pakistani city.


Kenyan court convicts, sentences 7 Somali pirates (AP)

AP - A defense lawyer says a Kenyan court has convicted and sentenced seven Somali pirates to five years in jail.

China seeks to avoid shouting matches with U.S. (Reuters)

A pedestrian walks past a sculpture of horses in front of the Zhujiang Dijing (Regal Court) residential and commercial complex in Beijing, September 7, 2010. REUTERS/Jason LeeReuters - China wants to quell tensions with the United States through quiet talk, not shouting matches, a top diplomat told White House advisers on Tuesday, aiming to pave the way for a visit by President Hu Jintao early next year.


Facebook generation gears up to monitor Nigeria poll (Reuters)

Reuters - Tech-savvy young Nigerians are gearing up to use BlackBerries, mobile phones and social networking services such as Twitter and Facebook to monitor polls in January, in an effort to stamp out electoral fraud.

S&P 500 falls 1 percent on euro bank worries (Reuters)

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - Wall Street dropped on Tuesday, with the S&P 500 briefly falling 1 percent, after reports on the European banking system reignited concerns about the financial stability of the region.


Protest over fatal shooting by LAPD turns violent (AP)

AP - A protest over the fatal police shooting of a Guatemalan immigrant turned violent when some demonstrators threw bottles at officers, set trash cans on fire and refused to disperse.

Chevron acquires oil exploration rights in China (AP)

AP - Chevron Corp.'s Chinese subsidiary has acquired rights to explore for oil on 8,100 square miles in the South China Sea's Pearl River mouth basin, the oil company said Tuesday.

Gov't launches plan to help "underwater" borrowers (AP)

AP - The Obama administration is trying to jump-start its sputtering plan to tackle the foreclosure crisis with an effort to assist up to 1.5 million homeowners who owe more on their properties than their homes are worth.

Top US commander: Burning Quran endangers troops (AP)

Afghan protesters step on a U.S. flag during a demonstration against the United States, in Kabul, Afghanistan, Monday, Sept. 6, 2010. Hundreds of Afghans railed against the U.S. and called for President Barack Obama's death at a rally in the capital Monday to denounce an American church's plans to burn the Islamic holy book on 9/11. (AP Photo/Musadeq Sadeq)AP - The top U.S. and NATO commander in Afghanistan warned Tuesday an American church's threat to burn copies of the Muslim holy book could endanger U.S. troops in the country and Americans worldwide.


Commuters walloped by strikes in France, London (AP)

Cyclists wait at a junction on the Embankment in London, Tuesday, Sept. 7, 2010. Millions of Londoners are struggling to get to work by road, rail boat and bicycle as a strike by London Underground workers shuts down much of the city's subway system. (AP Photo/Sang Tan)AP - Strikes hobbled public transit across France and in London on Tuesday, forcing tourists and commuters to alter their plans as they bore the brunt of a wave of discontent over government cost-cutting measures — a wave expected to soon prompt walkouts elsewhere on the continent.


UK police likely to quiz PM's aide over hacking (AP)

FILE- In this  April 13, 2010 file picture Andy Coulson, the Conservative Party's Director of Communications, speaks on the phone in Battersea Power Station following the launch of his party's manifesto in London, England. One of Britain's best-selling newspapers denied Monday that it engaged in widespread phone hacking, but police said they might reopen an investigation into claims its reporters illegally eavesdropped on scores of politicians and celebrities.The allegations against the tabloid News of the World — sensational even by the knockabout standards of the British press — are rattling Prime Minister David Cameron's government. Andy Coulson, the former News of the World editor who stepped down after one of his reporters was convicted of hacking, is now Cameron's PR chief.(AP Photo/Oli Scarff, Pool)AP - A key aide to Prime Minister David Cameron will be questioned by police over allegations a major British tabloid illegally eavesdropped on politicians and celebrities — including the British princes, a senior Scotland Yard officer said Tuesday.


Ohio auto parts plant blast hurts 9 near Toledo (AP)

AP - An explosion at an auto parts plant in northern Ohio has injured nine people.

Official: Obama to back more business tax breaks (AP)

U.S. President Barack Obama attends the Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010.  REUTERS/Larry DowningAP - President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.


Egypt reactor failed in April says nuclear chief (AP)

AP - Egypt's 50-year-old, Russian built nuclear reactor suffered a breakdown last April, though no radiation leaked out, the head of the country's atomic program told a local paper Tuesday.

Norway man pleads not guilty to terror financing (AP)

Defending lawyer Frode Sulland, front right, and prosecutor Jan Glent, front left, in court in Oslo Tuesday Sept. 7, 2010, prior to the start of the trial of Osman Abdirahman Abdi (not in picture). The Somali-born Norwegian citizen pleaded not guilty Tuesday to charges of sending over $30,000 (23,280 euro) to top leaders of an al-Qaida-linked Somali militant group, al-Shabaab, at the start of the first trial under Norway's 2002 terror financing law. (AP Photo/Scanpix, Berit Roald) ** NORWAY OUT **AP - A Somali-born Norwegian citizen pleaded not guilty Tuesday to charges of sending over $30,000 to top leaders of an al-Qaida-linked Somali militant group at the start of the first trial under Norway's 2002 terror financing law.


Oracle hires HP's former chief Mark Hurd (Reuters)

Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California, in this July 24, 2009 file photo. REUTERS/Fred Prouser/FilesReuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.


Slovenia: WWII-era mass grave discovered (AP)

AP - An expert says a mass grave has been discovered in Slovenia containing bodies of about 700 victims killed by antifascists in the wake of World War II.

Haiti quake survivor returns home after 6 months (AP)

In this July 5, 2010 picture, Bazelais Suy, right, embraces nurse Rosite Merentie as he talks with friends in Port-au-Prince, Haiti. Suy is a student activist whose spine was crushed when a university building collapsed in Haiti's catastrophic earthquake last January. He was airlifted to Chicago for six months of intensive rehabilitation and returned to Haiti with hopes of helping rebuild the country. (AP Photo/Ramon Espinosa)AP - Half-buried in rubble, Bazelais Suy struggled to breathe — a dead woman lay on his chest. He knew he had to get her off, fast. Because he could still move his arms, he somehow managed to remove his belt, loop it around the woman's own belt and drag her off. But his legs were still pinned.


Afghans protest planned Florida Koran-burning (The Upshot)

The Upshot - A small group associated with a fringe Christian church in Florida is planning to burn Korans on Sept. 11 -- and is now the subject of outraged protests in Afghanistan. Meanwhile, the top U.S. military commander in Afghanistan warned that the anti-Islamic action could hurt troops in the volatile region. "It could endanger troops and [...]

Coke Enterprises sets profit, revenue growth plan (Reuters)

Reuters - Coca-Cola Enterprises said it expects revenue to increase 4 percent to 6 percent annually, with earnings per share up in the high-single digits after its pending deal to sell some operations to Coca-Cola Co closes.

EU OKs new financial supervision deal (AP)

From left, European Central Bank President Jean Claude Trichet, Belgian Finance Minister Didier Reynders, and Spanish Finance Minister Elena Salgado speak during a meeting of EU finance ministers at the EU Council building in Brussels on Tuesday, Sept. 7, 2010. European finance ministers meet Tuesday to discuss taxes on banks. (AP Photo/Virginia Mayo)AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.


Tropical Storm Hermine crosses into Texas (AP)

This NOAA GOES National Weather Service satellite image shows tropical storm Hermine. Hermine made landfall in far northeastern Mexico, threatening storm surges and tornadoes in the US-Mexico border area, US forecasters said.(AFP/NOAA-HO)AP - Tropical Storm Hermine began to lose its punch as it pushed north Tuesday, after causing landslides in northeast Mexico and leaving one Texas town almost entirely without power.


GOP Gov. Jindal won’t endorse Vitter in Senate race (The Upshot)

The Upshot - Politicians are expected to give the official nod to their party nominees, but Louisiana Gov. Bobby Jindal is doing no such thing in his home-state Senate race. The Republican governor said over the weekend that he will not be endorsing Republican Sen. David Vitter for reelection this year. "Voters can make up their own minds," [...]

Imam behind NYC mosque back in US after Gulf trip (AP)

VIDEO: The proposed construction of a 100-million-dollar, 13-story mosque and Islamic center near Ground Zero in New York City, has stirred raw emotions in the United States as the country prepares to mark the ninth anniversary of the September 11 attacks. Duration: 01:00(afp.com)AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.


Imam behind NYC mosque back in US after Gulf trip (AP)

VIDEO: The proposed construction of a 100-million-dollar, 13-story mosque and Islamic center near Ground Zero in New York City, has stirred raw emotions in the United States as the country prepares to mark the ninth anniversary of the September 11 attacks. Duration: 01:00(afp.com)AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.


Gore school built on toxic soil (Politico)

Politico - An L.A. Times report has some contending that the academy could pose health risks to students.

The Treasury's New Research Office (BusinessWeek)

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...

Wrigley rooftops hurting as Cubs, economy struggle (AP)

In this photo taken Monday, Aug. 30, 2010, baseball fans are seen in one of the many rooftop venues outside Wrigley Field in Chicago and in the bleacher seats, foreground, to watch a baseball game between the Chicago Cubs and Pittsburgh Pirates. Like 'America's team' itself about this time every year, the fate of the famed rooftops beyond the Waveland and Sheffield walls is slumping. With the economy bad and the Cubs once again woeful, the club and bar owners offering a unique over-the-wall viewing experience are struggling financially, despite discounted tickets. About the only thing sustaining them is that the Cubs charge the most for ballpark tickets of any team in the Majors. (AP Photo/Charles Rex Arbogast)AP - The crowded rooftop bleachers overlooking Wrigley Field stand as proof that no matter how bad the Chicago Cubs played, the ballpark was simply not big enough to hold everyone who wanted to see them play.


Pros and Cons of Spending $50 Billion on Infrastructure (The Atlantic Wire)

The Atlantic Wire - On Labor Day, president Obama rolled out a plan to save jobs that included $50 billion for infrastructure. The Wire already brought you the debate on the political savviness of the move, and whether such a stimulus would be likely to pass. But there's also the practical question: what effect would spending $50 billion on infrastructure actually have? Commentators seem to be divided into three camps: one group endorses the move, one backs the general idea of infrastructure spending but thinks this proposal is too little, too late. A third camp is against the proposal entirely, opposing the economic theory behind it and the cost.

Australia PM Gillard handed power by independents (AFP)

Australia's independent members of parliament Rob Oakeshott (3rd right), Tony Windsor (2nd right) and Bob Katter (right) are seen here with opposition leader Tony Abbott (left) and Deputy Opposition leader Julie Bishop at the parliament in Canberra, on August 25.(AFP/File/Andrew Taylor)AFP - Australian Prime Minister Julia Gillard retained power by a tiny, one-seat majority Tuesday after winning the backing of two key independent MPs in the first hung parliament in decades.


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