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US Stocks Advance in Midday Trading Friday

Posted August 12th, 2011 at 1:15 pm (UTC-5)
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U.S. stock indexes advanced in midday trading Friday, following major gains on European markets. The Dow Jones Industrial Average is ahead 1.2 percent, with the S & P 500 index up seven-tenths of a percent and the NASDAQ by six-tenths of one percent. In London, the Financial Times 100 index ended up 3 percent to […]

Tags: , , , Posted in Europe

Chinese Rights Activist Goes on Trial

Posted August 12th, 2011 at 1:05 pm (UTC-5)
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A Chinese human rights activist has gone on trial in Beijing, nearly four months after her arrest in a widespread crackdown on dissent. Wang Lihong — a veteran of the 1989 Tiananmen Square demonstrations — was taken into custody in April and charged with creating a disturbance. Rights groups say the case stems from her […]

US Serial Killer Sentenced to Die

Posted August 12th, 2011 at 1:00 pm (UTC-5)
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The U.S. serial killer convicted of murdering 11 women and keeping their remains on his property has been sentenced to death. A judge in the state of Ohio issued the ruling Friday, affirming the recommendation from the jury earlier this week. Fifty-one-year-old Anthony Sowell was convicted last month of the murders, multiple counts of rape […]

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Syrian Forces Use Deadly Fire on Protesters

Posted August 12th, 2011 at 1:00 pm (UTC-5)
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Syrian security forces have used live ammunition on protesters calling for the ouster of President Bashar al-Assad’s ouster. Activists and witnesses say forces opened fire and killed at least 11 people on Friday when thousands of anti-government demonstrators rallied in streets across the country. They say protesters were killed in areas that include the cities […]

Tags: , , Posted in Middle East

Norway Names Commission to Probe Massacre

Posted August 12th, 2011 at 12:55 pm (UTC-5)
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Norway has appointed an independent commission to investigate last month’s terrorist attacks that killed 77 people. Norwegian Prime Minister Jens Stoltenberg said Friday the commission will try to draw information from the attacks and evaluating the response with the goal being greater safety. Anders Behring Breivik has confessed to the July 22 attacks that killed […]

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European Stocks Soar Friday, with US Markets Also Advancing

Posted August 12th, 2011 at 12:55 pm (UTC-5)
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European stock indexes soared on Friday for the second straight day, with U.S. markets also advancing, but not by as much at the end of a volatile week at exchanges throughout the world. Share prices at exchanges in Britain, France and Germany all closed up by more than 3 percent, regaining most of this week’s […]

Tags: , , , Posted in Economy

US Retail Sales Advance, but Consumer Confidence Wanes

Posted August 12th, 2011 at 12:20 pm (UTC-5)
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New reports in the United States give a mixed view of the national economy, with retail sales increasing last month, even as consumer confidence plunged to a 31-year low. The government’s Commerce Department said Friday that retail sales, a key barometer of the country’s economic health, increased in July by the most in four months. […]

Tags: , , , Posted in Economy, US

Libyan Government Threatens Satellite Phone Users With Death

Posted August 12th, 2011 at 11:55 am (UTC-5)
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Moammar Gadhafi’s Libyan government is threatening to execute any citizen caught using a satellite telephone without official authorization. The government announced the measure in the state-run JANA news agency as part of its campaign against rebels trying to oust the Libyan leader. It said unauthorized use of the phones amounted to treason. The report says […]

Tags: , , Posted in Middle East

US Mail Workers Facing Massive Layoffs

Posted August 12th, 2011 at 11:50 am (UTC-5)
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The slumping economy and the increased use of email and smartphones is forcing the United States Postal Service to consider taking some drastic action. Draft proposals obtained by U.S. media Thursday and Friday show the Postal Service wants to get out of its existing union contracts and eliminate about 30 percent of its workforce over […]

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Poland Apologizes for Its Part in Activist Belyatsky’s Arrest

Posted August 12th, 2011 at 11:45 am (UTC-5)
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Poland’s foreign minister has publicly apologized after his country gave Belarusian investigators information that led to the detention of leading human rights activist Ales Belyatsky. Radoslaw Sikorski said Friday Belarus had taken advantage of international procedures when it requested information about a bank account Belyatsky had in Poland. Belarus police last week arrested Belyatsky, founder […]

Tags: , , Posted in Europe