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Goldman Sachs fined $30.9 million in UK: report (Reuters)

Reuters - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.

Australia regulator blocks NAB's $12 billion AXA unit bid (Reuters)

The AXA Asia Pacific logo sign is seen on a signboard at its headquarters in Melbourne September 9, 2010. Australia's competition regulator has blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dealing a blow to NAB's efforts to cement its dominance in the world's fourth-largest wealth management market. REUTERS/Mick TsikasReuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.


Study urges US to scale back Afghan troops, goals (AFP)

US soldiers take cover during a patrol in the Arghandab Valley on September 6. The United States should scale back troops and goals in Afghanistan as its military campaign has backfired and boosted the Taliban, according to a study billed as a Plan B for President Barack Obama.(AFP/File/Patrick Baz)AFP - The United States should scale back troops and goals in Afghanistan as its military campaign has backfired and boosted the Taliban, according to a study billed as a Plan B for President Barack Obama.


Highway deaths fall to lowest level since 1950 (AP)

AP - The number of people dying on the nation's roads has fallen to its lowest level in six decades, helped by a combination of seat belts, safer cars and tougher enforcement of drunken driving laws.

AP Exclusive: Backers of NYC mosque appear divided (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 - The group of Muslims planning to build a 13-story Islamic center and mosque near ground zero appears plagued by divisions that raise questions about the future of the project, with one major investor saying he is prepared to sell some or all of the site if the price is right.


BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.


BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.


Appeals court lets government halt torture lawsuit (AP)

FILE - A woman waits to get into the 9th U.S. Circuit Court of Appeals building in San Francisco, in this Sept. 22, 2003 file photo. A sharply divided 9th U.S. Circuit Court of Appeals Wednesday Sept. 8, 2010 threw out a lawsuit that challenged Boeing Co.'s role flying terrorism suspects to secret prisons and raised questions about the government's ability to quash lawsuits when state secrets are involved. (AP Photo/Paul Sakuma, File)AP - A sharply divided federal appeals court on Wednesday threw out a lawsuit challenging a controversial post-Sept. 11 CIA program that flew terrorism suspects to secret prisons.


Colorado wildfire destroys more than 130 homes (AP)

A tanker flies through smoke as a wildfire burns outside of Boulder, Colo. on Wednesday Sept. 8, 2010. Firefighters encountered a tangle of rattlesnakes, downed power lines and combustible propane tanks Wednesday as they struggled to get an upper hand on a wildfire that has destroyed dozens of homes.(AP Photo/Matt McClain)AP - A wildfire burning in the canyons and steep mountainsides near Boulder became one of the most destructive blazes in Colorado history Wednesday as authorities determined it had destroyed at least 135 homes in just three days.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy, Wednesday, Sept. 8, 2010, at the Cuyahoga Community College West Campus in Parma, Ohio.  (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy, Wednesday, Sept. 8, 2010, at the Cuyahoga Community College West Campus in Parma, Ohio.  (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Fla. minister determined to hold 9/11 Quran burn (AP)

Pastor Terry Jones, right,  of the Dove World Outreach Center arrives at a news conference with an armed escort in Gainesville, Fla., Wednesday, Sept. 8, 2010. Jones stated that he is going forward with a scheduled burning of copies of the Quran at his church on Saturday, Sept. 11.  (AP Photo/John Raoux)AP - A top general, the secretary of state, the White House and political and religious leaders from around the world have decried a plan by the leader of a small Florida church to burn copies of Islam's holiest text to mark the 9/11 attacks. The Rev. Terry Jones is not backing down.


LA police chief booed at community meeting (AP)

A man yells as he listens to Los Angeles police Chief Charlie Beck during a community meeting in Los Angeles, Wednesday, Sept. 8, 2010. Los Angeles police  Chief Charlie Beck has been greeted by boos, whistles and chants of 'justicia!' by an angry crowd at a community meeting intended to calm residents after the fatal police shooting of a knife-wielding man. (AP Photo/Jae C. Hong)AP - Police Chief Charlie Beck was greeted with boos, whistles and chants of "justicia" by an angry crowd at a community meeting Wednesday intended to quell violence that erupted over the past two nights after police fatally shot a knife-wielding man.


Clinton: Dems battling anger, apathy and amnesia (AP)

FILE - In this May 28, 2010 file photo, former President Bill Clinton looks on as Sen. Blanche Lincoln, D-Ark. in Little Rock, Ark. The days of Barack Obama traipsing the country in freewheeling campaign mode — with sky-high popularity serving as an asset to all Democratic candidates — are long over. And the White House knows it.  (AP Photo/Brian Chilson, File)AP - Former President Bill Clinton said Wednesday it would be a mistake for voters to give in to "anger, apathy and amnesia" and deprive Arkansas of the Senate Agriculture chairmanship by defeating Democratic Sen. Blanche Lincoln.


Asia stocks rise and yen steady but outlook hazy (Reuters)

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - Asian stocks edged up and the yen slipped from a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.


Economists cut U.S. growth forecast again (Reuters)

Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.

China boat captain could stand trial for collision (AP)

Chinese protesters hold up banners, one of which reads 'Japan get out of Diaoyu island' as they march towards the Japanese embassy in Beijing, China, Wednesday, Sept. 8, 2010. Diplomatic tensions between China and Japan escalated Wednesday when Beijing called in Japan's ambassador after a Chinese fishing boat collided with two Japanese patrol vessels near a chain of disputed islands and Tokyo arrested the boat's captain.(AP Photo/Ng Han Guan)AP - The captain of the Chinese fishing boat that collided with Japanese patrol vessels near disputed islands could stand trial in the latest territorial spat between the neighbors, officials said Thursday.


Dynasty speculation on North Korea founding day (AP)

AP - North Korea celebrated its 62nd anniversary Thursday with odes to supreme leader Kim Jong Il, amid uncertainty over whether a rare political meeting believed aimed at promoting his son as successor had begun.

FDIC's Bair warns of government "exposure" in mortgages (Reuters)

Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Bank of Korea keeps interest rate near record low (AP)

Kim Choong-soo, governor of the Bank of Korea, bangs the gavel to preside over a meeting to decide a benchmark call rate at its headquarters in Seoul, South Korea, Thursday, Sept. 9, 2010.  South Korea's central bank left its key interest rate near a record low Thursday for a second straight month amid a weakening outlook for the global economy.(AP Photo/Ahn Young-joon)AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.


Mexican mayor killed, massacre suspects arrested (AP)

Secretary of State Hillary Clinton speaks at the Council on Foreign Relations September 8, 2010 in Washington, DC. Clinton said Wednesday that violent Mexican drug cartels were starting to look like an insurgency, in a charge rapidly rejected by Mexico.(AFP/Getty Images/File/Mark Wilson)AP - Hooded gunmen killed the mayor of a small town in the northern Mexico state of San Luis Potosi on Wednesday, and prosecutors announced the arrest of seven suspects in the massacre of 72 migrants in August.


U.S. slips in WEF's competitiveness rankings (Reuters)

Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.

Wind-whipped fires add to Detroit's economic woes (AP)

Burned cars and property are seen on the west side of Detroit, Wednesday, Sept. 8, 2010. A wind-swept fire swept through at least three Detroit neighborhoods, destroying dozens of homes, including many that were vacant, officials said. (AP Photo/Carlos Osorio)AP - For a city already struggling with high unemployment, widespread foreclosures and deep budget cuts, here was another crisis: Wind-whipped fires tearing through row after row of homes, some of them abandoned.


Australian regulators reject NAB bid for AXA APH (AFP)

A woman walks past a branch of National Australian bank (NAB) in Sydney. Australian regulators rejected NAB's 12.2 billion US dollar bid for financial services firm AXA Asia Pacific Thursday over concerns about competition in the industry.(AFP/File/Anoek de Groot)AFP - Australian regulators rejected National Australia Bank's 12.2 billion US dollar bid for financial services firm AXA Asia Pacific Thursday over concerns about competition in the industry.


Asian shares rise as Europe worries ease (AP)

Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidAP - Most Asian stock markets advanced Thursday after worries about Europe's financial health eased, sending Wall Street higher.


East Timor deputy PM quits amid spat with boss (AP)

AP - One of East Timor's deputy prime ministers said he has resigned after Prime Minister Xanana Gusmao publicly called him a "liar" for his outspoken critiques of the government's failure to tackle corruption and improve people's lives.

South Korea imposes independent sanctions on Iran (AP)

South Korean Foreign Ministry spokesman Kim Young-sun announces the country's sanctions against Iran at Foreign Ministry in Seoul, South Korea, Wednesday, Sept. 8, 2010. South Korea said Wednesday it will ban unauthorized financial dealings with Iran as part of sanctions to join the U.S-led campaign to tighten restrictions against Tehran over its disputed nuclear enrichment program. Seoul blacklisted 102 entities, which include the Iranian Revolutionary Guard Corps and the Islamic Republic of Iran Shipping Lines, and 24 individuals for the sanctions, Kim said. (AP Photo/ Lee Jin-man)AP - South Korea said it will ban many financial dealings with Iran and impose other penalties as part of a U.S.-led campaign to enforce sanctions against the country over its disputed nuclear enrichment program.


Chicago mulls future without Daley power at helm (AP)

Chicago Mayor Richard M. Daley laughs as he meets with the media after a city council meeting, Wednesday, Sept. 8, 2010. Daley, who announced Tuesday, that he would not seek re-election in 2011 said he will not endorse anyone to replace him as leader of the nation's third-largest city as speculation grew about who would emerge as a front-runner from a long list of potential contenders. (AP Photo/M. Spencer Green)AP - The last time Chicago was left without a Daley at the helm, the next mayor was thrown out of office by voters angry because he couldn't keep snow off the streets.


Parties Prepping for Castle to Be Senate Nominee (CQPolitics.com)

CQPolitics.com - Even as the tea party movement vows to spend $250,000 in the coming days to defeat Rep. Michael N. Castle, campaign officials from both sides of the aisle concede that Castle should capture the Republican Senate nomination in next week's Delaware primary.

Congress Must Save Stem Cell Research (CQPolitics.com)

CQPolitics.com - The 111th Congress has a lot to do before it gives way to the 112th next year, but one thing it certainly should do is make clear where it stands on embryonic stem cell research.

DSCC reserves $2M for Murray (Politico)

Politico - The DSCC has bought upwards of $2 million in airtime across Washington state for the incumbent.

Remnants of Hermine flood Texas; buffet Oklahoma (AP)

Visitors to Salado, Texas snap photos of a submerged truck under the main street bridge on Wednesday morning, Sept. 8, 2010 as waters begin to receed from excessive rainfall caused by Tropical Storm Hermine. (AP Photo/Temple Daily Telegram, Rusty Schramm) MANDATORY CREDIT; TV OUTAP - The remnants of Tropical Storm Hermine swept northward through Texas and into Oklahoma on Wednesday, forcing more than 100 high-water rescues, swamping city neighborhoods, spawning tornadoes and killing at least two people.


Chavez: Foes sabotaging Venezuela's power grid (AP)

AP - President Hugo Chavez accused his political adversaries Wednesday of sabotaging Venezuela's electricity grid as part of a campaign to chip away at his popularity before legislative elections in two weeks.

Clinton: Florida church's planned Koran burning doesn't reflect U.S. (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — With concerns growing about hostile or even violent international reaction to a Florida pastor's plans to burn the Koran on Saturday, the Obama administration is stepping up its efforts to mitigate the damage.

Fidel Castro says Cuban model doesn't work (AP)

A man works at a chemist shop with a poster of Cuban President Raul Castro and his brother, former leader Fidel Castro, on the wall in Havana September 8, 2010. Fidel Castro said Cuba's economic model no longer works, a U.S.-based journalist reported on Wednesday following interviews with the former president last week. Jeffrey Goldberg, a writer for the Atlantic Monthly magazine, wrote in a blog that he asked Castro, 84, if Cuba's model - Soviet-style communism - was still worth exporting to other countries and he replied, AP - Fidel Castro told a visiting American journalist that Cuba's communist economic model doesn't work, a rare comment on domestic affairs from a man who has conspicuously steered clear of local issues since stepping down four years ago.


CHP: Murder suspect strangled woman during pursuit (AP)

AP - A murder suspect linked to four deaths in Northern California strangled his girlfriend while being pursued by police at speeds of around 100 mph on a blown-out tire last week before being shot and killed by officers, authorities said Wednesday.

FBI: Bomb threat on Thai Airways plane was hoax (AP)

A KTLA-TV grab shows passengers leaving a Thai Airways Airbus A-300 following a bomb scare at Los Angeles International Airport.(AFP/KTLA-TV)AP - The threatening note found in the restroom of a Thai Airways plane was a hoax, FBI officials said Wednesday.


Spartech posts fiscal 3Q loss, misses expectations (AP)

AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.

Dems' fail-safe plan: Go on offense (Politico)

Politico - An emerging survival strategy depends on winning a handful of GOP-controlled seats.

Clinton, Gates denounce planned Quran burning (AP)

Secretary of State Hillary Rodham Clinton speaks at the Council on Foreign Relations in Washington, Wednesday, Sept. 8, 2010.(AP Photo/Alex Brandon)AP - The top two national security advisers in President Barack Obama's Cabinet on Wednesday denounced plans by a small church in Florida to burn the Muslim holy book to commemorate the Sept. 11, 2001, terrorist attacks, saying it would inflame tensions and put Americans abroad at risk.


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