The U.S. Federal Bureau of Investigation says it has opened an investigation into whether the phones of victims of the 2001 terrorist attacks and their families were hacked into by media baron Rupert Murdoch’s News Corporation. Law enforcement sources said Thursday the FBI will look into whether employees at Murdoch’s media firm illegally tried to […]
US Starts Investigation on Whether 9/11 Victims’ Phones Were Hacked
Posted July 15th, 2011 at 4:25 am (UTC-5)
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Obama Ends Talks with Lawmakers Over Debt, Deficit
Posted July 15th, 2011 at 2:00 am (UTC-5)
U.S. President Barack Obama will hold a news conference at the White House Friday morning to discuss his negotiations with congressional leaders over raising the national borrowing limit and decreasing the deficit. At the end of a fifth day of talks Thursday, Mr. Obama told negotiators it is “decision time,” and gave them until Saturday […]
Chavez Discusses Cancer, Rallies Supporters in Venezuela
Posted July 14th, 2011 at 1:20 pm (UTC-5)
Venezuelan President Hugo Chavez has appeared at a rally in Caracas, telling supporters that his battle against cancer is one of the biggest fights of his life. President Chavez wore his army uniform and red beret to the event, where he discussed his struggle with the disease. He raised the nation’s flag over Plaza Bolivar, […]
NYSE, Deutsche Boerse Set to Merge
Posted July 14th, 2011 at 1:20 pm (UTC-5)
The New York Stock Exchange is one step closer to getting a European owner. Deutsche Boerse shareholders Thursday approved a proposed $10 billion merger with the New York exchange’s parent company. NYSE Euronext shareholders approved the deal last week. The new company would become the world’s largest stock exchange operator, running exchanges in Paris, Lisbon, […]
US Debt Talks Day 5: Angry Words, High Stakes
Posted July 14th, 2011 at 12:35 pm (UTC-5)
U.S. lawmakers are trading insults with time running out before an August 2 deadline to raise the country’s debt limit. Top lawmakers are scheduled to meet with U.S. President Barack Obama for a fifth straight day Thursday as they try to reach a deal that would prevent a possible default that could rattle international markets. […]
Angry Words, Higher Stakes as US Debt Talks Hit Day 5
Posted July 14th, 2011 at 10:00 am (UTC-5)
U.S. President Barack Obama and lawmakers are trying again to reach a deal to raise the country’s debt limit and prevent a possible default that could rattle markets across the globe. Talks between the Obama administration and congressional leaders enter day five Thursday, following new warnings from the head of the U.S. central bank and […]
China Urges US to Protect Investors as Debt Ceiling Looms
Posted July 14th, 2011 at 5:10 am (UTC-5)
China is calling on the United States to protect the interests of its investors as its politicians engage in a policy battle that has brought it to the brink of default. At a foreign ministry briefing Thursday, spokesman Hong Lei said China hopes the U.S. government will adopt “responsible policies and measures to guarantee the […]
US Debt-Deficit Talks Enter Fifth Day
Posted July 14th, 2011 at 2:15 am (UTC-5)
U.S. President Barack Obama meets Thursday with Republican and Democratic leaders for a fifth day of tense negotiations on a deficit reduction plan tied to an increase in the nation’s borrowing limit. Republican leaders said Wednesday’s talks at the White House ended abruptly, with President Obama storming out of the meeting after sharply rejecting Republican […]
Prisoners at Venezuelan Prison End 27-Day Standoff
Posted July 13th, 2011 at 1:50 pm (UTC-5)
Venezuelan prisoners at a detention facility east of Caracas have surrendered to authorities after a 27-day standoff. Information Minister Andres Izarra said on his Twitter feed Wednesday that the inmates — around 1,000 in all — are being taken out of the prison and appear to be in good health. The detainees took control of […]
Bernanke: Failure To Make Debt Deal Would Be “Calamity”
Posted July 13th, 2011 at 1:10 pm (UTC-5)
U.S. Federal Reserve Chairman Ben Bernanke says the economy will face “calamity” if congressional Republicans and President Obama cannot reach an agreement to raise the legal limit on borrowing. He told Congress refusing to increase Washington’s debt ceiling is like having a spending spree with a credit card and then refusing to pay the bill. […]
