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House passes housing bill; Bush lifts veto threat (Reuters)

President Bush on Wednesday dropped a threat to veto a housing rescue bill, clearing the way for measures meant to shore up the worst U.S. home market since the Great Depression. (Paul Szep/Reuters)Reuters - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.
Amazon profit, sales above view and shares rise (Reuters)

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. (Rick Wilking/Reuters)Reuters - Amazon.com Inc said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy.
SemGroup gets court OK for initial bankruptcy motions (Reuters)
Reuters - SemGroup LP, an Oklahoma-based oil trading services company, on Wednesday said it received approval from the Bankruptcy Court for its initial motions related to its bankruptcy.
Microsoft exec who led Yahoo bid leaving company (Reuters)
Reuters - Microsoft Corp said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc , is leaving the software maker.
China's Zhongxing in talks with GM, FAW: source (Reuters)
Reuters - China's Hebei Zhongxing Automobile Co is in talks with General Motors and major Chinese automaker FAW Group to explore opportunities for cooperation, including equity ties, a source close to the situation said on Thursday.
Sluggish Economy Slows 'Somewhat' As Oil Squeezes Spending, Fed Reports (Investor's Business Daily)
Investor's Business Daily - The economy has slowed "somewhat" as rising energy prices and the credit crunch force consumers to cut back, the Federal Reserve said Wednesday.
McCain runs strong despite low Bush ratings: poll - 13, May 2008

WASHINGTON (Reuters) - Presumptive Republican presidential nominee John McCain remains a strong candidate despite a gloomy national mood and record low ratings for President George W. Bush, according to a Washington Post-ABC New poll released on Monday.



WASHINGTON (Reuters) - Presumptive Republican presidential nominee John McCain remains a strong candidate despite a gloomy national mood and record low ratings for President George W. Bush, according to a Washington Post-ABC New poll released on Monday.
Weighed down by the unpopular Iraq war and a faltering economy, Bush's job performance rating slipped to a career low 31 percent, the poll found.
Eighty-two percent of Americans now say the United States is seriously on the wrong track, up 10 points in the last year, with a third of respondents citing the economy and jobs as their top voting issue.
Overall, Democrats have a 21-point advantage over Republicans as the party best-equipped to handle the nation's problems, the poll found.
Despite the numbers, McCain continues to elude some of the anger aimed at his party and at Bush, according to The Washington Post.
Campaigning against McCain, Democrats claim he offers a third Bush term.
In a general election matchup, McCain trails Democratic front-runner Barack Obama by 7 points, 44 percent to 51 percent. In a head-to-head competition with U.S. Sen. Hillary Clinton, McCain runs almost even with the New York Democrat, 46 percent to 49 percent.
According to the poll, 60 percent of Democrats now say Obama is the one with the better shot at defeating McCain in November.
Trailing Obama in pledged delegates, the popular vote and superdelegates, Clinton has shown no sign of quitting the race for the Democratic presidential nomination and voters do not appear ready to push her out. 





(c) 2008 Reuters
Other news from HotNews category:

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  2. U.S. rejects outside probe of Canadian sent to Syria - 24, Jul 2008

    WASHINGTON (Reuters) - U.S. Attorney General Michael Mukasey said on Wednesday he had rejected a request from lawmakers that an outside special counsel investigate the case of a Canadian taken off a plane in New York and sent to Syria, where he says he wa

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  3. Top Israeli officer stresses Iran on first U.S. visit - 24, Jul 2008

    WASHINGTON (Reuters) - Israeli Lt. Gen. Gabi Ashkenazi, on his first visit to Washington as Israel's top military officer, said on Wednesday it was crucial to block what he called "Iranian aggression" in the Middle East.

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  4. Rice says North Korea must agree to strong verification - 24, Jul 2008

    SINGAPORE (Reuters) - Secretary of State Condoleezza Rice said on Thursday after talks with North Korea that she believed Pyongyang was under no "illusions" it had to agree to a strong mechanism to verify its nuclear activities.

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  5. Bin Laden driver trial shows interrogation video - 24, Jul 2008

    GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - A black-and-white interrogation video of Osama bin Laden's driver showed Salim Hamdan denying under questioning in a dark cell that he worked for al Qaeda.

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  6. Obama in Berlin for big outdoor speech - 24, Jul 2008

    BERLIN (Reuters) - U.S. Democratic presidential candidate Barack Obama, on a foreign tour he hopes will boost his election chances, on Thursday gives an outdoor speech in Berlin on transatlantic ties that is likely to draw thousands.

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  7. India warms to U.S. offer to help save WTO talks - 24, Jul 2008

    GENEVA (Reuters) - India welcomed on Wednesday an offer by the United States to limit its disputed farm subsidies as part of efforts to save a global trade deal but immediately came under pressure from Washington to make concessions itself.

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  8. Obama assures Israel he's a friend - 24, Jul 2008

    SDEROT, Israel (Reuters) - U.S. Democratic presidential candidate Barack Obama assured Israel and its U.S. Jewish supporters on Wednesday he was a friend who would not press for peace concessions that would compromise its security.

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  9. Iran sees U.S. respect but says no nuclear retreat - 24, Jul 2008

    TEHRAN (Reuters) - Iranian President Mahmoud Ahmadinejad on Wednesday praised U.S. participation in last week's talks with Tehran on its disputed nuclear program as "a positive step" and said its arch foe had shown respect.

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  10. Arctic's oil could meet world demand for 3 years - 24, Jul 2008

    WASHINGTON (Reuters) - The Arctic Circle holds an estimated 90 billion barrels of recoverable oil, enough supply to meet current world demand for almost three years, the U.S. Geological Survey forecast on Wednesday.

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Software News
Attack Code Released for New DNS Attack (PC World)
PC World - Attack code has been released for a major flaw in the Internet's DNS software.
Facebook to help some programmers, punish others (AP)

Mark Zuckerberg, founder and CEO of Facebook, gestures while delivering the keynote address during the annual Facebook f8 developer conference in San Francisco, Wednesday, July 23, 2008. Facebook announced that 24 Web sites and applications have joined its efforts to make the Web more open and connected through Facebook Connect. (AP Photo/Eric Risberg)AP - Facebook Inc. is introducing more tools to help the software applications fueling the online hangout's popularity and is promising to intensify its efforts to weed out programs that violate its rules for protecting users' privacy.
Facebook expands winning open platform formula (AFP)

Facebook founder Mark Zuckerberg, pictured last year, painted a vision of an Internet future with the website in its soul to a faithful throng of software developers at the Internet firm's annual AFP - Facebook founder Mark Zuckerberg painted a vision of an Internet future with the website in its soul to a faithful throng of software developers at the Internet firm's annual "F8" conference..
Microsoft's Online Woes Hint at Larger Vulnerability (PC World)
PC World - Microsoft has built its massive software business by watching other companies take the lead in emerging technology markets and...
Microsoft exec who led Yahoo bid leaving company (Reuters)
Reuters - Microsoft Corp said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc , is leaving the software maker.
Sprint's Palm Centro Gets Software Update (TechWeb)
TechWeb - InformationWeek - The update improves IMAP compatibility with Gmail, and provides an updated setup wizard for the Web-based e-mail.
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