Reuters - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.
Reuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.
AFP - The United States should scale back troops and goals in Afghanistan as its military campaign has backfired and boosted the Taliban, according to a study billed as a Plan B for President Barack Obama.
AP - The number of people dying on the nation's roads has fallen to its lowest level in six decades, helped by a combination of seat belts, safer cars and tougher enforcement of drunken driving laws.
AP - The group of Muslims planning to build a 13-story Islamic center and mosque near ground zero appears plagued by divisions that raise questions about the future of the project, with one major investor saying he is prepared to sell some or all of the site if the price is right.
AP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
AP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
AP - A sharply divided federal appeals court on Wednesday threw out a lawsuit challenging a controversial post-Sept. 11 CIA program that flew terrorism suspects to secret prisons.
AP - A wildfire burning in the canyons and steep mountainsides near Boulder became one of the most destructive blazes in Colorado history Wednesday as authorities determined it had destroyed at least 135 homes in just three days.
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.
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.
AP - A top general, the secretary of state, the White House and political and religious leaders from around the world have decried a plan by the leader of a small Florida church to burn copies of Islam's holiest text to mark the 9/11 attacks. The Rev. Terry Jones is not backing down.
AP - Police Chief Charlie Beck was greeted with boos, whistles and chants of "justicia" by an angry crowd at a community meeting Wednesday intended to quell violence that erupted over the past two nights after police fatally shot a knife-wielding man.
AP - Former President Bill Clinton said Wednesday it would be a mistake for voters to give in to "anger, apathy and amnesia" and deprive Arkansas of the Senate Agriculture chairmanship by defeating Democratic Sen. Blanche Lincoln.
Reuters - Asian stocks edged up and the yen slipped from a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.
Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.
AP - The captain of the Chinese fishing boat that collided with Japanese patrol vessels near disputed islands could stand trial in the latest territorial spat between the neighbors, officials said Thursday.
AP - North Korea celebrated its 62nd anniversary Thursday with odes to supreme leader Kim Jong Il, amid uncertainty over whether a rare political meeting believed aimed at promoting his son as successor had begun.
Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.
AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.
AP - Hooded gunmen killed the mayor of a small town in the northern Mexico state of San Luis Potosi on Wednesday, and prosecutors announced the arrest of seven suspects in the massacre of 72 migrants in August.
Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.
AP - For a city already struggling with high unemployment, widespread foreclosures and deep budget cuts, here was another crisis: Wind-whipped fires tearing through row after row of homes, some of them abandoned.
AFP - Australian regulators rejected National Australia Bank's 12.2 billion US dollar bid for financial services firm AXA Asia Pacific Thursday over concerns about competition in the industry.
AP - One of East Timor's deputy prime ministers said he has resigned after Prime Minister Xanana Gusmao publicly called him a "liar" for his outspoken critiques of the government's failure to tackle corruption and improve people's lives.
AP - South Korea said it will ban many financial dealings with Iran and impose other penalties as part of a U.S.-led campaign to enforce sanctions against the country over its disputed nuclear enrichment program.
AP - The last time Chicago was left without a Daley at the helm, the next mayor was thrown out of office by voters angry because he couldn't keep snow off the streets.
CQPolitics.com - Even as the tea party movement vows to spend $250,000 in the coming days to defeat Rep. Michael N. Castle, campaign officials from both sides of the aisle concede that Castle should capture the Republican Senate nomination in next week's Delaware primary.
CQPolitics.com - The 111th Congress has a lot to do before it gives way to the 112th next year, but one thing it certainly should do is make clear where it stands on embryonic stem cell research.
AP - The remnants of Tropical Storm Hermine swept northward through Texas and into Oklahoma on Wednesday, forcing more than 100 high-water rescues, swamping city neighborhoods, spawning tornadoes and killing at least two people.
AP - President Hugo Chavez accused his political adversaries Wednesday of sabotaging Venezuela's electricity grid as part of a campaign to chip away at his popularity before legislative elections in two weeks.
McClatchy Newspapers - WASHINGTON — With concerns growing about hostile or even violent international reaction to a Florida pastor's plans to burn the Koran on Saturday, the Obama administration is stepping up its efforts to mitigate the damage.
AP - Fidel Castro told a visiting American journalist that Cuba's communist economic model doesn't work, a rare comment on domestic affairs from a man who has conspicuously steered clear of local issues since stepping down four years ago.
AP - A murder suspect linked to four deaths in Northern California strangled his girlfriend while being pursued by police at speeds of around 100 mph on a blown-out tire last week before being shot and killed by officers, authorities said Wednesday.
AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.
AP - The top two national security advisers in President Barack Obama's Cabinet on Wednesday denounced plans by a small church in Florida to burn the Muslim holy book to commemorate the Sept. 11, 2001, terrorist attacks, saying it would inflame tensions and put Americans abroad at risk.