The key U.S. stock index recovered some of the ground lost Thursday when stocks around the world plunged on worries about the European debt crisis, and faltering economic growth in the United States. In a day of trading that saw wide swings back and forth, the Dow Jones Industrial Average was up six-tenths of a […]
US Stocks Mixed After Volatile Day of Trading
Posted August 5th, 2011 at 4:35 pm (UTC-5)
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Key US Stock Index Advances as Asian, European Markets Fall
Posted August 5th, 2011 at 4:30 pm (UTC-5)
The Dow Jones Industrial Average rebounded to finish up Friday, a day after plummeting 513 points amid fears the global economy may be headed to a new downturn. The key U.S. stock index rose 61 points (one-half of a percent) in a day of volatile trading. The other major U.S. indexes, the NASDAQ and S&P […]
15 Killed As Protesters Rally in Syria
Posted August 5th, 2011 at 4:25 pm (UTC-5)
Tens of thousands of Syrians have rallied against the government, as security forces expand their crackdown on dissent. Witnesses and activists say at least 15 people were killed on Friday after forces used live ammunition on protesters. They say most of the deaths occurred around Damascus. Anti-government protesters also rallied in cities that include Homs, […]
Crude Oil Prices Fall
Posted August 5th, 2011 at 4:20 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Friday: Crude oil prices lost more than $1 to close at $86.63 per barrel. Coffee prices rose 2 cents to finish at $2.38 a pound. Copper prices dropped 12 cents to end at $4.11 per pound. Cocoa futures advanced $31 to finish […]
Belarus Condemned for Arresting Human Rights Defender
Posted August 5th, 2011 at 4:20 pm (UTC-5)
Belarus is facing calls to release the country’s leading human rights activist, who has been arrested and charged with crimes punishable by seven years in prison. Authorities arrested Ales Belyatsky, founder of the human rights group Vyasna, late Thursday near his Minsk home on charges of tax evasion. In a statement, Vyasna denounced the case […]
Murdoch Pie Thrower’s Jail Sentence Reduced
Posted August 5th, 2011 at 3:50 pm (UTC-5)
A British judge has cut the sentence of an activist who threw a shaving cream pie at Rupert Murdoch, as the media tycoon testified to British lawmakers last month on a phone-hacking scandal that rocked the country. A judge on Friday rejected an attempt by Jonathan May-Bowles to overturn his six-week jail sentence, handed down […]
UN Peacekeeper Killed in Darfur
Posted August 5th, 2011 at 3:40 pm (UTC-5)
A United Nations spokesman says one U.N. peacekeeper was killed and another seriously wounded Friday when their vehicle was attacked by gunmen in the Darfur region of Sudan. The U.N. says the peacekeepers were part of the Joint United Nations-African Union force in Darfur (UNAMID) and were ambushed in the village of Duma, northeast of […]
Anti-NATO Rally in Afghanistan Turns Deadly
Posted August 5th, 2011 at 3:40 pm (UTC-5)
An anti-NATO demonstration in southern Afghanistan’s Zabul province turned violent Friday, when three Afghan civilians and a police officer were shot dead. Afghan police say they were forced to fire into the crowd after insurgents infiltrated the protest in the town of Qalat and shot and killed a police officer. Officials say three civilians were […]
US Aviation Officials Heading Back to Work
Posted August 5th, 2011 at 3:30 pm (UTC-5)
Tens of thousands of U.S. transportation and construction workers will soon be back on the job. U.S. President Barack Obama signed an interim deal Friday ending a partial shutdown of the Federal Aviation Administration, the agency that oversees the nation’s airlines and air safety. The U.S. Senate approved the legislation earlier Friday. It had already […]
Italy Says It Will Balance Its Budget by 2013
Posted August 5th, 2011 at 3:30 pm (UTC-5)
With its borrowing costs sharply increasing, Italy says it will balance its budget by 2013, a year earlier than originally planned. Italian Prime Silvio Berlusconi made the pledge Friday night at a hastily called press conference, saying the government would also seek to win approval for a constitutional amendment requiring it to balance its annual […]
