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09 September 2010

Obama won't yield on tax hike for wealthiest (AP)

Obama won't yield on tax hike for wealthiest (AP)


Obama won't yield on tax hike for wealthiest (AP)

Posted: 08 Sep 2010 03:06 PM PDT

President Barack Obama delivers remarks on the economy,Wednesday, Sept. 8, 2010,  at Cuyahoga Community College West Campus in Parma, Ohio. (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans - and some fellow Democrats - just two months before bruising midterm elections.


Cameron's father dies in hospital

Posted: 08 Sep 2010 03:06 PM PDT

David Cameron's father Ian dies in hospital in France shortly after the Prime Minister joined other members of his family at his bedside.

Castro casts doubt on 'Cuban model'

Posted: 08 Sep 2010 03:03 PM PDT

Fidel Castro told a visiting American journalist that the "Cuban model" no longer works, an apparent admission of failings in the communist economic model introduced by his revolution more than 50 years ago.

New storm forms in Atlantic

Posted: 08 Sep 2010 02:59 PM PDT

Tropical Depression Hermine is expected to dump an onslaught of rain in parts of Oklahoma, Kansas and Missouri over the next few days.

Obama slams GOP leadership, economic policies

Posted: 08 Sep 2010 02:50 PM PDT

President Obama opened the post-Labor Day stretch of the midterm campaign by blasting the GOP and pushing a new $350 billion plan to lift the sagging economy.

Consumers cut back on credit card use once again (AP)

Posted: 08 Sep 2010 02:49 PM PDT

AP - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.

Obama Lays Out Economic Proposals and Assails G.O.P.

Posted: 08 Sep 2010 02:48 PM PDT

President Obama called for an end to Bush-era tax cuts for the wealthy in a lengthy and sharply populist speech.

State of the Art: In Season 9, iPods Still Get High Ratings

Posted: 08 Sep 2010 02:48 PM PDT

The 2010 iPod crop includes modest improvements, a risky new design and a home run in the new iPod Touch.

Zvonareva Reaches Open Semifinals

Posted: 08 Sep 2010 02:46 PM PDT

Vera Zvonareva of Russia beat Kaia Kanepi of Estonia, reaching the semifinals.

Battle of oil titans as BP seeks to shift blame for spill (AFP)

Posted: 08 Sep 2010 02:45 PM PDT

A US Coast Guard handout image of fire boat response crews as they battle the blazing remnants of the BP operated off shore oil rig, Deepwater Horizon, in the Gulf of Mexico on April 21, 2010. A string of failures by BP and other companies led to the Gulf of Mexico oil disaster, the British energy giant concluded Wednesday as it sought to head off possible multi-billion-dollar US lawsuits.(AFP/USCG/File)AFP - BP sought to spread the blame for the Gulf of Mexico oil disaster Wednesday, setting off a battle of oil industry giants with tens of billions of dollars in potential fines and legal liabilities at stake.


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