U.S. President Barack Obama is calling on private companies in the United States to put the country’s unemployed military veterans back to work. Mr. Obama Friday unveiled a series of initiatives designed to encourage private employers to hire veterans. He told military personnel and veterans at the Washington Navy Yard “you fought for us and […]
Obama Pushes for Companies to Hire Military Veterans
Posted August 5th, 2011 at 12:00 pm (UTC-5)
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Americans Sour on Congress After Debt Standoff
Posted August 5th, 2011 at 11:55 am (UTC-5)
Americans are losing patience with U.S. lawmakers following political infighting that brought the nation to the brink of default. A New York Times/CBS News poll finds 82 percent of Americans disapprove of the way Congress is handling its job. The Times says that is the highest disapproval rating in the more than 30 years it […]
Senate Votes to Send Aviation Officials Back to Work
Posted August 5th, 2011 at 11:00 am (UTC-5)
The U.S. Senate has voted to end a partial shutdown of the Federal Aviation Administration, the agency that oversees the nation’s airlines and air safety. Friday’s vote follows an agreement announced Thursday by Senate Majority Leader Harry Reid. The bill had already passed in the House of Representatives. It still needs to be signed by […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 10:05 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s sell-off in the United States. But major U.S. and European indexes seemed to be recovering some of their lost ground after what was seen as a positive unemployment report Friday. The main Dow Jones Industrial Average in the United States gained almost 1 percent in Friday’s early […]
Government Reports Improved US Job Market
Posted August 5th, 2011 at 8:50 am (UTC-5)
The U.S. unemployment rate improved in July, with businesses creating more jobs than most economists had predicted. Friday’s closely watched report from the Labor Department says the U.S. jobless rate declined one-tenth of a percent to 9.1 percent. The U.S. economy had a net gain of 117,000 jobs, which is better than the previous month. […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 7:45 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s steep losses in the United States and Europe that were blamed on investors’ fears of another world economic downturn. Tokyo’s Nikkei index closed down 3.72 percent at its lowest level in five months, and Hong Kong’s Hang Seng plunged more than 4 percent. Some European markets showed […]
Obama Celebrates 50th Birthday with White House Party
Posted August 4th, 2011 at 9:25 pm (UTC-5)
( Title: OBAMA – BIRTHDAY HEAD: Obama Celebrates 50th Birthday with White House Party DATE: 08/04/11 NUMBER: 1219201 TYPE: CN )) U.S. President Barack Obama will celebrate his 50th birthday on Thursday in Washington with a private party at the White House. President Obama will spend the morning at work, before hosting a party with […]
Rains from Emily Drench Hispaniola
Posted August 4th, 2011 at 9:05 pm (UTC-5)
Tropical Storm Emily has brought drenching rain to the island shared by Haiti and the Dominican Republic, but has now weakened in the mountains dividing the two countries. The National Hurricane Center in Miami said in its most recent bulletin Thursday that Emily is “losing organization” as it interacts with the mountains of Hispaniola and […]
Asian Markets Open Sharply Lower After US, European Plunge
Posted August 4th, 2011 at 8:50 pm (UTC-5)
Major Asian markets opened sharply lower Friday after concerns that another global economic downturn may be on the way sent U.S. and European markets plunging. Tokyo’s Nikkei, Sydney’s Australian Securities Exchange, and Seoul’s Kospi were all down about four percent shortly after opening. Thursday, the Dow Jones Industrial Average in New York plummeted 513 points, […]
NFL First US League to Test for HGH
Posted August 4th, 2011 at 8:25 pm (UTC-5)
The new 10-year deal between the National Football League players and team owners signed Thursday makes the NFL the first U.S. professional sports league to use blood testing for human growth hormone . The bulk of the collective bargaining agreement to end the NFL’s bitter labor dispute was agreed to last month, but certain elements […]
