Reuters - Nokia (NOK1V.HE), the world's top cellphone maker, said Stephen Elop, the head of Microsoft's Business Division, was to be its new chief executive, leading a renewed effort to compete in the smartphone market.
AP - President Barack Obama has chosen one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers, a White House official said.
Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.
AP - A Metrolink commuter train struck and killed two people who may have been sleeping on the tracks and injured a third in Orange County on Thursday, authorities said.
AP - A woman who had just been suspended from her job and escorted from a Kraft Foods Inc. facility returned with a handgun and opened fire Thursday, killing two people and critically injuring a third before being taken into custody about an hour later, police said.
AP - A Northern California fire chief says one fatality has been confirmed in a massive blast and fire in a residential neighborhood south of San Francisco.
Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.
AP - A federal jury on Thursday convicted the co-founder of an Islamic charity chapter who was accused of helping smuggle $150,000 to Muslim fighters in Chechnya.
AP - A Colorado wildfire that has destroyed 170 homes showed no signs of relenting Thursday as wind gusts of more than 40 mph fueled fears that the flames would move east from the Rocky Mountain foothills and into the heart of Boulder, where some residents were warned to be ready to flee.
AP - A federal judge on Thursday declared the U.S. military's ban on openly gay service members unconstitutional and said she will issue an order to stop the government from enforcing the "don't ask, don't tell" policy nationwide.
AP - A federal judge on Thursday declared the U.S. military's ban on openly gay service members unconstitutional and said she will issue an order to stop the government from enforcing the "don't ask, don't tell" policy nationwide.
AP - President Barack Obama has chosen one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers, a White House official said.
AP - A city all too familiar with civil unrest was caught by surprise with the level of outrage over the fatal police shooting of an illegal immigrant from Guatemala who was menacing officers with a knife.
Reuters - President Barack Obama has chosen Austan Goolsbee as the new head of the White House Council of Economic Advisers, U.S. administration officials said on Thursday, promoting a longtime adviser from his inner policy circle.
Reuters - U.S. crude for October jumped to near $75 on Friday after a leak forced Enbridge to shut down the biggest pipeline supplying Canadian oil to refineries in the Midwest and to a key storage hub in Oklahoma.
AP - Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday as it unveiled a new $11 billion stimulus package.
Reuters - Asian stocks rose to a four-month high on Friday as some investors were inspired by positive U.S. and Japanese economic data to pick out bargains, with the shift to riskier assets weighing on the yen.
AP - The U.S. was slow to take seriously the threat posed by homegrown radicals and the government has failed to put systems in place to deal with the growing phenomenon, according to a new report compiled by the former heads of the Sept. 11 Commission.
AP - New England Patriots quarterback Tom Brady was unhurt in a two-vehicle accident near his home Thursday morning before practicing as usual with his team ahead of the season opener and agreeing to a four-year contract extension that, according to two people familiar with it, would make him the NFL's highest-paid player.
AFP - US President Barack Obama has chosen Austan Goolsbee, an economics professor currently working in his administration, to chair the Council of Economic Advisors, an official said.
CQPolitics.com - RIO LINDA, Calif. -- When Sue Lyon went to hear Democratic challenger Ami Bera at an area house party, she didn't think he'd be interested in holding a similar event in her hometown, which often serves as the butt of jokes for conservative radio host Rush Limbaugh.
Reuters - Finance ministers from the Group of 20 developed and leading emerging economies are not likely to meet on the sidelines of the IMF/World Bank Group annual gatherings in Washington early next month, sources said.
CQPolitics.com - As the Senate campaign committees decide where best to spend their finite resources, a battle has emerged in the state of Washington, where Republican Dino Rossi is giving Democratic Sen. Patty Murray the biggest test of her career.
AP - An anti-Islamic preacher backed off and then threatened to reconsider burning the Quran on the anniversary of the 9/11 attacks, angrily accusing a Muslim leader of lying to him Thursday with a promise to move an Islamic center and mosque away from New York's ground zero. The imam planning the center denied there was ever such a deal.
AP - An anti-Islamic preacher backed off and then threatened to reconsider burning the Quran on the anniversary of the 9/11 attacks, angrily accusing a Muslim leader of lying to him Thursday with a promise to move an Islamic center and mosque away from New York's ground zero. The imam planning the center denied there was ever such a deal.
AP - If Rahm Emanuel decides to run for Chicago mayor, the White House chief of staff would easily be the best-known figure in the race, with national name recognition that few others could match and invaluable experience from helping engineer the Democrats' takeover of the House in 2006.
Exclusive to Yahoo! News - Just over two weeks ago, Kenneth Feinberg took over the process for handling damage claims from the Gulf oil spill, pledging to cut down the response time from BP’s widely criticized system to two days for individuals and seven days for businesses that file fully documented claims.
AP - Donald Trump offered Thursday to buy out a major investor in the real estate partnership that controls the site near ground zero where a Muslim group wants to build a 13-story Islamic center and mosque.
AP - Five Missouri men are accused of taking part in the sexual torture of a young woman allegedly kept as a sex slave by one of the men and forced to work as a stripper, prosecutors announced Thursday.
AP - The death toll from flooding caused by the remnants of Tropical Storm Hermine climbed Thursday after Texas authorities recovered the body of a missing swimmer and an Oklahoma driver drowned trying to cross a swollen creek.
Reuters - Chip makers National Semiconductor and Texas Instruments Inc on Thursday issued quarterly financial targets that stoked investors' worries about a sluggish economy.
AP - The father of a U.S. soldier serving in Afghanistan says he tried nearly a half dozen times to pass an urgent message from his son to the Army: Troops in his unit had murdered an Afghan civilian, planned more killings and threatened him to keep quiet about it.
AP - Consumers curious — or concerned — about the chemicals in household cleaning products will get detailed rundowns under state plans to require manufacturers to detail their products' contents.
AFP - The Pentagon on Thursday said it was concerned about the fallout from a grisly murder case involving a dozen US soldiers accused of killing Afghan civilians and conspiring to cover it up.
Reuters - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.
AP - Sen. Russ Feingold calls himself the underdog in his re-election bid against a Republican challenger no one had heard of six months ago but who, like other GOP newcomers this year, is tapping his own fortune to start a political career at the top.
Reuters - A set of U.N. goals aimed at drastically reducing poverty and hunger worldwide by 2015 are achievable, despite setbacks caused by the global financial and economic crises, a draft document said.
AP - In early August, three women, each of them more than four months pregnant, sought abortions from Dr. Steven Brigham at his clinic in New Jersey. Instead of turning them down, authorities said Brigham used a novel scheme to take advantage of the disparities in state abortion laws.
By insider. Senior VP-CFO & Treasurer of Oil States International Inc. ( OIS ) Bradley J Dodson sells 3,562 shares of OIS on 09/09/2010 at an average price of $43.52 a share. Read more » »
Investor's Business Daily - Aug. car sales in India rose 33.2% from a year ago, according to the Society of Indian Automobile Manufacturers. The gain was impressive considering supply constraints have pushed up vehicle prices. Ford expects India to be the world's No. 3 auto market by decade's end, and is pushing hard to gain market share from rivals such as Maruti Suzuki, Hyundai and Tata Motors . Ford plans to launch 8 more models in India. Meanwhile, Tata's domestic sales of its key medium and heavy commercial vehicles rose 34%.
AP - Republican Senate candidate Sharron Angle's conservative views on illegal immigration and her limited outreach to Hispanics have done little to endear her to Nevada's largest minority group.
Ann Coulter - In response to Gen David Petraeus' denunciation of Florida pastor Terry Jones' right to engage in a symbolic protest of the 9/11 attacks by burning copies of the Quran this Sept. 11, President Obama said: "Let me be clear: As a citizen, and as president, I believe that members of the Dove World Outreach Center have the same right to freedom of speech and religion as anyone else in this country."