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Third Time the Charm for Winner of 2011 US Spelling Contest

Posted June 3rd, 2011 at 4:35 am (UTC-5)
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A 14-year-old girl from Pennsylvania won the 2011 Scripps National Spelling Bee in Washington Thursday. Sukanya Roy won the $30,000 cash prize when she correctly spelled a word that means having wavy hair . The Indian-American eighth grader from Abington Township also won a reference library and more than $10,000 in scholarships and other prizes. […]

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US to Sell Remaining Shares in Chrysler

Posted June 3rd, 2011 at 2:45 am (UTC-5)
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Italian automaker Fiat has reached an agreement to buy the U.S. government’s remaining stake in Chrysler for an estimated $560 million. The U.S. Treasury Department said Thursday Fiat will pay $500 million to buy the Treasury’s six percent interest in Chrysler. The department is also getting $60 million of the $75 million Fiat is paying […]

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Dallas Mavericks Stages Thrilling Comeback to Tie NBA Finals

Posted June 3rd, 2011 at 12:35 am (UTC-5)
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The Dallas Mavericks rallied from a 15-point deficit late in the fourth quarter to beat the host Miami Heat 95-93 Thursday in game two of the National Basketball Association championship series. The Heat held an 88-73 lead with more than six minutes left in regulation when the Mavericks went on a 17-2 run to tie […]

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Death Toll from US Tornado Rises to 138

Posted June 2nd, 2011 at 9:55 pm (UTC-5)
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Officials have updated the death toll to 138 from a powerful tornado that hit the central U.S. city of Joplin, Missouri last month. Missouri public safety officials said Thursday the toll rose after four hospitalized people died from injuries suffered during the tornado. The twister tore through Joplin on May 22 with winds topping 300 […]

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Top US Lawmakers: US Will Not Default on Debt

Posted June 2nd, 2011 at 8:15 pm (UTC-5)
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Senior U.S. lawmakers say Republicans and Democrats will eventually reach a deal to raise the country’s $14 trillion debt limit. The number two Democrat in the U.S. House of Representatives, Steny Hoyer , says financial markets should know that lawmakers will come to an agreement on the issue. House Democratic leader Nancy Pelosi says members […]

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Top US Lawmakers: US Will Not Default on Debt

Posted June 2nd, 2011 at 6:40 pm (UTC-5)
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Senior U.S. lawmakers say Republicans and Democrats will eventually reach a deal to raise the country’s $14 trillion debt limit. The number two Democrat in the U.S. House of Representatives, Steny Hoyer , says financial markets should know that lawmakers will come to an agreement on the issue. House Democratic leader Nancy Pelosi says member […]

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5 Killed in Shootings in Arizona

Posted June 2nd, 2011 at 4:50 pm (UTC-5)
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Police in Arizona say five people have been killed in a series of shootings that forced officials to lock down a school and government buildings. Police spokesman Clint Norred says one other person was injured in the shootings Thursday in Arizona’s Yuma County. He says the shootings are connected. Norred would not confirm whether the […]

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Crude Oil Prices Rise

Posted June 2nd, 2011 at 4:05 pm (UTC-5)
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Here are the prices of some key commodities traded in New York on Thursday: Crude oil prices settled at $100.40 per barrel, after falling nearly two percent to $98.46. Coffee futures rose more than five cents to $2.61 per pound. Copper prices dropped more than two cents to $4.08 per pound. Cocoa futures fell $49 […]

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US Launches New Push for Healthy Eating

Posted June 2nd, 2011 at 2:45 pm (UTC-5)
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The United States has launched a new initiative to encourage healthy eating, replacing its food pyramid guidelines in favor of simpler recommendations. The Department of Agriculture on Thursday unveiled the “MyPlate” icon showing a plate with four quadrants — one each for fruits, vegetables, grains and protein. A cup marked “dairy” is next to the […]

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Moody’s Warns Washington On Debt Impasse

Posted June 2nd, 2011 at 2:20 pm (UTC-5)
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A global rating agency says it may consider downgrading the credit rating for the United States if bickering politicians cannot reach an agreement to raise the debt limit. Moody’s Investor Services says the political wrangling over debts and spending has “exceeded expectations.” Current law limits U.S. government debt to about $14.3 trillion, but that limit […]

Tags: , , , Posted in Americas, Economy, US

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