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Obama to challenge Republican foes on economy (AFP)

US President Barack Obama, seen here on September 1, is traveling to Cleveland, Ohio, in a personal challenge to Republican House of Representatives leader John Boehner, who used a recent visit to the city to demand the president sack his top economic aides.(AFP/File/Chris Kleponis)AFP - US President Barack Obama Wednesday threw down the gauntlet to Republicans on the economy, as the lagging recovery and crippling unemployment threaten Democrats with a mid-term election meltdown.


Chicago mayor race wide open as Daley steps aside (AP)

FILE - In this March 16, 2009 file photo, Chicago Mayor Richard M. Daley is silhouetted against the Chicago skyline in Chicago. Daley, 68, announced Tuesday, Sept. 7, 2010, that he is not running for re-election. Daley was elected to the state Senate in 1972 and as Cook County state's attorney in 1980. He became Chicago mayor in 1989 when he won a special mayoral election after the death of Mayor Harold Washington. (AP Photo/Charles Rex Arbogast)AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.


Florida Senate Race: On Charlie Crist and Flip-Flopping (Time.com)

Time.com - Florida Senate candidate Charlie Crist fights flip-flopping charges as the GOP's Marco Rubio surges ahead in some polls and the Democrats' Kendrick Meek appeals to the left

BP shifts U.S. oil spill blame onto contractors (Reuters)

Reuters - BP shifted much of the blame for a rig blast that led to the United States' worst-ever oil spill onto its contractors Transocean and Halliburton.

AP Exclusive: Back to work after salmonella case (AP)

FILE - In this March 12, 2009 file photo, Peanut Corporation of America's president Stewart Parnell, arrives a federal court in Lynchburg, Va. The peanut industry executive whose filthy processing plants were implicated in a salmonella outbreak that killed nine people and sickened hundreds more is back in the business, as the federal government's criminal. (AP Photo/Don Petersen, File)AP - The peanut industry executive whose filthy processing plants were blamed in a salmonella outbreak two years ago that killed nine people and sickened hundreds more is back in the business.


BP shares gain after Gulf report (AP)

FILE - In this April 21, 2010 file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon. Oil giant BP PLC says in an internal report released Wednesday Sept. 8, 2010 that multiple companies and work teams contributed to the massive Gulf of Mexico spill that fouled waters and shorelines for months. (AP Photo/US Coast Guard, File)AP - Shares in BP PLC tracked slightly higher after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto rig owner Transocean Ltd. and contractor Halliburton Co.


BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - Oil giant BP PLC laid much of the blame for the rig explosion and the massive Gulf of Mexico spill on itself, other companies' workers and a complex series of failures in an internal report released Wednesday before a key piece of evidence has been analyzed.


Obama pitches road spending, tax incentives in Ohio (Reuters)

President Barack Obama attends the Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.


Reid says economy isn't his fault (Politico)

Politico - "You know that I had nothing to do with these unemployment figures," he says on ABC.

Smithfield reports 1st-quarter profit (AP)

AP - Smithfield Foods Inc. says higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.

Stock futures track Europe stocks up (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. Wall Street fell on Tuesday after reports on the European banking system reignited concerns about the financial stability of the region. REUTERS/Brendan McDermidReuters - Stock index futures rose on Wednesday tracking a turnaround in European stocks and ahead of comments from the Federal Reserve on the state of the economy.


Fla. minister: Sept. 11 Quran burn still planned (AP)

Rev. Terry Jones at the Dove World Outreach Center in Gainesville, Fla., Monday, Aug. 30, 2010. Jones plans to burn copies of the Quran on church grounds to mark the Sept. 11, 2001 terrorist attacks on the United States that provoked the Afghan war.   (AP Photo/John Raoux)AP - The leader of a small Florida church that espouses anti-Islam philosophy said Wednesday he was determined to go through with his plan to burn copies of the Quran on Sept. 11, despite pressure from the White House, religious leaders and others to call it off.


Talbots profit tops estimates, but sales miss (Reuters)

Reuters - Women's clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.

Obama to pitch trio of economic proposals in Ohio (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - Seeking to give anxious Democrats a boost ahead of the November elections, President Barack Obama is pitching a trio of economic initiatives Wednesday and voicing unwavering opposition to Bush-era tax breaks for the wealthy.


HSBC faces thorny issues in hunt for new chairman (Reuters)

Reuters - For a bank that prides itself on smooth successions, HSBC is suddenly scrambling to pick its next chairman.

GOP proposes renewing tax cuts, freezing spending (AP)

FILE - In this April 14, 2010 file photo, House Minority Leader John Boehner of Ohio, left, and Senate Minority Leader Mitch McConnell of Ky., talk to reporters outside the White House in Washington. Boehner could walk down most U.S. streets anonymously. But the perpetually tanned golf lover, who grew up in a Cincinnati family of 14, could become the next House speaker and the GOP leader of opposition to President Barack Obama.  (AP Photo/Alex Brandon, File)AP - House Republican Leader John Boehner onWednesday proposed a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before a deep recession took hold of the economy.


Jackson Hewitt loss narrower than expected (Reuters)

Reuters - No. 2 U.S. tax-preparer Jackson Hewitt Tax Service Inc posted a narrower-than-expected quarterly loss, as a drop in total expenses offset the decline in revenue.

Chicago mayor race wide open as Daley steps aside (AP)

FILE - In this March 16, 2009 file photo, Chicago Mayor Richard M. Daley is silhouetted against the Chicago skyline in Chicago. Daley, 68, announced Tuesday, Sept. 7, 2010, that he is not running for re-election. Daley was elected to the state Senate in 1972 and as Cook County state's attorney in 1980. He became Chicago mayor in 1989 when he won a special mayoral election after the death of Mayor Harold Washington. (AP Photo/Charles Rex Arbogast)AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.


Swisscom to delist troubled Italian unit Fastweb (AP)

AP - Swisscom AG announced Wednesday it will buy all outstanding shares in its Italian telecoms unit Fastweb SpA, which has been rocked by a money-laundering probe, for a total of euro256 million ($326 million).

Suspected Islamist sect attacks Nigerian prison (AFP)

A policeman searches a burnt house for fleeing members of an Islamic sect in Bauchi, northern Nigeria on December 29. Suspected members of an Islamist sect have attacked a prison in northern Nigeria and fought a fierce gun battle with authorities, with one guard saying nearly all inmates escaped.(AFP/Pius Utomi Ekpei)AFP - Suspected members of an Islamist sect have attacked a prison in northern Nigeria and fought a fierce gun battle with authorities, with one guard saying nearly all inmates escaped.


BP shares move higher ahead of Gulf report (AP)

Visitors enter the BP-sponsored Childrens' Village at the 75th Annual Shrimp and Petroleum Festival in Morgan City, Louisiana. An internal BP inquiry due on Wednesday into what caused the Gulf of Mexico oil spill is expected to accept that BP staff made mistakes before the disaster, the Financial Times reported.(AFP/Getty Images/File/Sean Gardner)AP - Shares in BP PLC moved higher on Wednesday ahead of the release of the company's internal report on the disastrous oil spill in the Gulf of Mexico and after a credit ratings agency upgrade.


Former NM gov is little known but has big ideas (AP)

In this photo taken Sept. 1, 2010, Gary Johnson, former Governor of New Mexico and Honorary Chairman of the OUR America Initiative, talks with John Green, of Davenport, Iowa, left, after meeting with local residents in Davenport, Iowa. (AP Photo/Charlie Neibergall)AP - Despite two terms as governor of New Mexico and recent visits to 26 states, most Americans have never heard of Gary Johnson.


Suspected US missile attacks rock NW Pakistan (AP)

File photo of a US Predator unmanned drone armed with a missile on the tarmac of Kandahar military airport. A US missile strike on a militant compound in Pakistan's tribal district on the Afghan border killed 10 rebels on Wednesday, local security officials said.(AFP/File/Massoud Hossaini)AP - Two suspected U.S. missile strikes hit militant targets in northwestern Pakistan on Wednesday, officials said, bringing to six the number of such attacks in the region in less than a week. At least 10 suspected members of a group attacking NATO forces in Afghanistan were killed.


Nigeria: 800 inmates escape during prison attack (AP)

Rubble remains at the headquarters of the Islamic sect Boko Haram destroyed last year by the police and military in Maiduguri, Borno State on July 27. Suspected members of an Islamist sect have attacked a prison in northern Nigeria and fought a fierce gun battle with authorities, with one guard saying nearly all inmates escaped.(AFP/Pius Utomi Ekpei)AP - About 800 inmates escaped a federal prison holding Muslim extremists in northern Nigeria during a sunset attack by gunmen who are believed to be members of a radical sect, a police official said Wednesday.


Syrian influence in Lebanon on the rise again (AP)

FILE- In this Dec. 13, 2010 file picture, Syrian President Bashar Assad, right, meets with Lebanon's Prime Minister Saad Hariri, at Tishrin presidential palace,  in Damascus, Syria. Hariri said in an interview published Monday, he was wrong to accuse Syria of involvement in the 2005 assassination of his father, a major turnaround for a politician who has long blamed Damascus for the Beirut truck bombing that killed Rafik Hariri and 22 others. (AP Photo/Bassem Tellawi, File)AP - Five years ago, Lebanese thronged the streets of Beirut to protest Syrian control over their country in a movement that quickly ended decades of military domination.


Obama to propose $300 billion in tax breaks for business (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — President Barack Obama on Wednesday will propose $300 billion in accelerated or expanded tax breaks for business, a jolt of cash that he says would jump-start hiring and help revive the nation's economy.

Austrian kidnap victim tells details of ordeal (AP)

The book '3096 Tage' (3096 days) by Natascha Kampusch who was kidnapped and imprisoned in a cellar for eight and a half years, are on display in a book shop as the sale of the book starts in Vienna, Austria, Tuesday, Sept. 7, 2010.  (AP Photo/Ronald Zak)AP - An Austrian woman who was kidnapped at age 10 says she was repeatedly beaten, starved and forced to do housework half-naked during her 8 1/2 years at the mercy of a man who admired Hitler and considered himself an Egyptian god.


Foster's knocks back $2.5 billion offer for wine (Reuters)

A six pack of Fosters beer is displayed in the fridge at a liquor store in Melbourne September 8, 2010. REUTERS/Mick TsikasReuters - Foster's Group Ltd , Australia's largest brewer, rejected a private equity offer worth up to $2.5 billion for its wine business as too cheap, sending its shares up as much as 6 percent on hopes of higher bids.


Winds pushing fire through 2 dozen Detroit homes (AP)

AP - Fire officials say flames have swept through at least two dozen Detroit homes, fanned by strong winds that toppled power lines across the city and knocked out service to at least 113,000 Michigan homes and businesses.

China's Hu calls for stable ties with US (AP)

U.S. Deputy National Security Adviser Tom Donilon, fourth from left, reacts during a meeting with Chinese State Councilor Dai Bingguo, third from right, during a meeting at the Great Hall of the People in Beijing Tuesday, Sept. 7, 2010. (AP Photo/Ng Han Guan, Pool)AP - Trying to smooth over recently rocky relations before a visit to Washington, Chinese President Hu Jintao told American officials on Wednesday that he wants to see healthy and stable ties between the two countries.


Demjanjuk health issues taking over trial (AP)

FILE - In this Dec. 21, 2009 file photo, defendant John Demjanjuk sits in a wheelchair as he arrives at a courtroom in Munich, Germany. The case of the retired Ohio autoworker accused of serving as a Nazi death camp guard, which resumes next week after a month-long summer break, broke potentially precedent-setting ground when it opened last year. (AP Photo/Michaela Rehle, Pool-File)AP - John Demjanjuk attends most sessions of his trial in a hospital bed set up in the courtroom, wearing dark sunglasses and a hat pulled down over his face.


Sinochem approaches Temasek on Potash bid (Reuters)

Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp, the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.

Colo. wildfire's toll of destroyed homes rises (AP)

In this photo provided by Eric Peter Abramson,  a line of buses are destroyed after a wild fire passed through Gold Hill, Colo.  on Tuesday, Sept. 7, 2010.    Gov. Bill Ritter declared a state of emergency Tuesday as officials nearly doubled the fire's estimated size to more than 7,100 acres, or 11 square miles. At one point the plume from the fire could be seen in Wyoming, 90 miles to the north.  (AP Photo/Eric Peter Abramson)  NO SALES MANDATORY CREDITAP - Will Esposito describes an otherworldly scene after a wildfire tore through a canyon in the Colorado foothills: Some houses in his neighborhood burning while others stood intact, a propane tank shooting flames into the sky, and an eerie quiet interrupted only by firefighting helicopters and airplanes.


Australian government prepared to adjust mining tax (Reuters)

Australia's Prime Minister Julia Gillard speaks during a news conference with Treasurer Wayne Swan in Parliament House, Canberra, September 7, 2010. REUTERS/Andrew TaylorReuters - Australia's fragile Labor government suggested on Wednesday it could adjust a planned profits-based tax on mining companies to bend to demands of the independent MPs giving it a slender grip on power.


Afghanistan: More voting stations to remain closed (AP)

Afghan children look at a burning pile of 5 tons of expired medicines, on the outskirts of Jalalabad, east of Kabul, Afghanistan, Tuesday, Sept. 7, 2010. (AP Photo/ Rahmat Gul)AP - Afghan election officials said Wednesday that scores of additional polling stations will have to remain closed during the Sept. 18 parliamentary vote because of the deteriorating security situation in the country.


China: Journalist Attacks Hurt Investigative Reporting (Time.com)

Time.com - China has long been an unfriendly place for journalists, but two attacks on journalists in Beijing this summer serve as a reminder that the threats to the press can extend beyond censorship to outright violence

Financial Sheriffs to Monitor Banks, Markets in European Union (Time.com)

Time.com - A trio of financial sheriffs will oversee finance in the entire European market

Can Boehner and Obama get along? (Politico)

Politico - Both sides call the relationship between the Ohio Republican and the president nonexistent.

LAPD brass plead for calm; protesters egg station (AP)

Los Angeles police officers respond by firing nonlethal foam projectiles toward apartment buildings rooftops, as protesters climbed atop and threw objects at officers below, after they had protested the death of a Guatemalan immigrant by Los Angeles Police officers on Tuesday, Sept. 7, 2010, in Los Angeles. (AP Photo/Damian Dovarganes)AP - Police Chief Charlie Beck pleaded for calm and vowed his department would conduct an exhaustive investigation into a bicycle officer's fatal shooting of a drunken day laborer with a knife.


FBI: Aircraft searched, no credible threat found (AP)

A KTLA-TV grab shows passengers leaving a Thai Airways Airbus A-300 following a bomb scare at Los Angeles International Airport.(AFP/KTLA-TV)AP - Investigators found no explosives aboard a Los Angeles-bound Thai Airways flight in which a bomb threat was found scrawled on a bathroom mirror, the FBI said Wednesday.


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