U.S. stocks were lower at closing Friday. The Dow Jones Industrial Average dropped 1.6 percent to close at 10,818. The S&P 500 fell 1.5 percent to 1,124. The Nasdaq Composite Index was down 1.6 percent to close at 2,342. Major European stock indexes fell again, but not by as much as they did on Thursday. […]
Global Stock Markets Drop Again on Economy Fears
Posted August 19th, 2011 at 4:25 pm (UTC-5)
Stock markets fell across the globe on Friday, as investors showed new concern about the struggling U.S. economy and the stability of the European banking system. The three major U.S. stock indexes — the Dow Jones Industrial Average, S&P 500 and NASDAQ — all dropped more than one percent Friday, following their decline of four […]
Crude Oil Prices Fall
Posted August 19th, 2011 at 3:50 pm (UTC-5)
Here are the prices of some key commodities traded in New York on Friday: Crude oil prices fell 12 cents to close at $82.26 a barrel. Coffee prices gained more than 1 cent to end at $2.66 per pound. Copper prices rose nearly 2 cents to finish at $3.98 a pound. Cocoa futures moved up […]
Libyan Rebels Say They Control Zlitan
Posted August 19th, 2011 at 3:40 pm (UTC-5)
Libyan rebels say they have seized control of the western town of Zlitan, following intense battles with forces loyal to Libyan leader Moammar Gadhafi. Rebels said Friday that they pushed into the center of the town, which is about 150 kilometers from Tripoli. The claim could not be independently verified. They also said at least […]
Global Stock Markets Drop Again on Economy Fears
Posted August 19th, 2011 at 3:25 pm (UTC-5)
Stock markets fell across the globe on Friday, as investors showed new concern about the struggling U.S. economy and the stability of the European banking system. Asian stock indexes dropped sharply, and European markets retreated as well, although not as much as on Thursday. Major U.S. stock indexes teetered between small gains and losses for […]
Reigning Champion Clijsters Out of US Open
Posted August 19th, 2011 at 3:10 pm (UTC-5)
Two-time defending U.S. Open tennis champion Kim Clijsters of Belgium has withdrawn from this year’s tournament because of a stomach muscle injury. Clijsters had missed Wimbledon in June with an ankle injury and pulled out of a tournament in Toronto this month with a muscle strain on the left side of her stomach. In a […]
Yemenis Rally in Support of Opposition Council
Posted August 19th, 2011 at 3:00 pm (UTC-5)
Tens of thousands of Yemenis have rallied in support of the newly formed opposition “national council.” Pro-reform demonstrators took to the streets on Friday in the capital, Sana’a, and the southern city of Taiz. State-run media reports say a pro-government rally also took place in the capital. On Wednesday, anti-government activists announced they had elected […]
Suspected Drone Crashes in Somali Capital
Posted August 19th, 2011 at 3:00 pm (UTC-5)
Security officials in Somalia say a drone crashed in the capital, Mogadishu, on Friday, but they did not provide details about who was operating the unmanned aircraft. Officials told VOA (Somali Service) the drone crashed into a house near the Libyan Embassy on Friday. The site is located in the city’s southwestern Hodan district. Authorities, […]
Indian Anti-Corruption Activist Promises ‘Revolution’
Posted August 19th, 2011 at 2:50 pm (UTC-5)
Indian activist Anna Hazare told followers Friday that they are launching what he called a new “revolution,” as he began a 15-day hunger strike aimed at forcing officials to adopt tougher anti-corruption legislation. Hazare addressed several thousand people in New Delhi as they gathered at a public venue for the strike. Hours earlier, Hazare’s supporters […]
Libyan Rebels Say They Control Zlitan
Posted August 19th, 2011 at 2:25 pm (UTC-5)
Libyan rebels say they have seized control of the western town of Zlitan, following intense battles with forces loyal to Libyan leader Moammar Gadhafi. Rebels said Friday that they had pushed into the center of the town, which is about 150 kilometers from Tripoli. The claim could not be independently verified. They also said at […]
