Aaron's Daily WWW Newspaper

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This edition was generated on Sat Jul 7 08:45:01 EDT 2012

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

  • President Barack Obama waves at Dobbins Elementary School in Poland, Ohio, Friday,  July 6, 2012, during his Betting On America campaign tour.  (AP Photo / Scott R. Galvin)
    Obama makes 'no apologies' for health care law The Ticket - 15 hrs ago

    President Barack Obama promised cheering supporters in Ohio that he would "make no apologies" for his overhaul of health care and mocked rival Mitt Romney's apparent change of heart on his own approach in Massachusetts. "When … More »Obama makes 'no apologies' for health care law

    President Barack Obama waves at Dobbins Elementary School in Poland, Ohio, Friday,  July 6, 2012, during his Betting On America campaign tour.  (AP Photo / Scott R. Galvin)

    President Barack Obama promised cheering supporters in Ohio that he would "make no apologies" for his overhaul of health care and mocked rival Mitt Romney's apparent change of heart on his own approach in Massachusetts. "When you hear all these folks saying, 'Oh, no, no, this is a tax, this is a burden on middle-class  …

  • A woman shows her ink-stained finger after casting her vote in the National Congress election, in Benghazi
    Protests and tears of joy as Libyans rush to vote Reuters - 1 hr 13 mins ago

    TRIPOLI/BENGHAZI (Reuters) - Crowds of joyful Libyans, some with tears in their eyes, parted with the legacy of Muammar Gaddafi on Saturday as they voted in the first free national election in 60 years. But in the eastern … More »Protests and tears of joy as Libyans rush to vote

    A woman shows her ink-stained finger after casting her vote in the National Congress election, in Benghazi

    TRIPOLI/BENGHAZI (Reuters) - Crowds of joyful Libyans, some with tears in their eyes, parted with the legacy of Muammar Gaddafi on Saturday as they voted in the first free national election in 60 years. But in the eastern city of Benghazi, cradle of last year's uprising and now seeking more autonomy from the interim government, …

  • Gov. Jerry Brown, left, Senate President Pro Tem Darrell Steinberg, D-Sacramento, center, and Sen. Mark Leno, D-San Francisco, chair of the Senate Budget Committee smile for the camera after the Senate approved  funding for a high-speed rail system at the Capitol in Sacramento, Calif., Friday, July 6, 2012.   The bill, which would allow the state to begin selling $2.6 billion in voter-approved bonds, was approved by a 21-16 vote.(AP Photo/Rich Pedroncelli)
    California high-speed rail gets green light AP - 4 hrs ago

    California lawmakers gave the green light to start building the nation's first dedicated high-speed rail line, a multibillion dollar project that will eventually link Los Angeles and San Francisco. More »California high-speed rail gets green light

    Gov. Jerry Brown, left, Senate President Pro Tem Darrell Steinberg, D-Sacramento, center, and Sen. Mark Leno, D-San Francisco, chair of the Senate Budget Committee smile for the camera after the Senate approved  funding for a high-speed rail system at the Capitol in Sacramento, Calif., Friday, July 6, 2012.   The bill, which would allow the state to begin selling $2.6 billion in voter-approved bonds, was approved by a 21-16 vote.(AP Photo/Rich Pedroncelli)

    California lawmakers gave the green light to start building the nation's first dedicated high-speed rail line, a multibillion dollar project that will eventually link Los Angeles and San Francisco.

  • A suicide bomber detonated an explosives-rigged belt at a gathering of his own family in western Iraq, killing his pro-government cousin and six other relatives, officials said Saturday.

  • A reveler is tossed by a Dolores Aguirre Yabarra ranch fighting bull during the running of the bulls of the San Fermin festival, in Pamplona Spain, Saturday, July 7, 2012. (AP Photo/Daniel Ochoa de Olza)

    One elderly thrill-seeker was gored in a leg and five others slightly injured as thousands of adrenaline-fueled runners raced ahead of six fighting bulls in the streets of the northern Spanish city of Pamplona in the first running of the bulls of this year's San Fermin festival, officials said Saturday.

  • LONDON (Reuters) - Police investigating a potential terrorist attack said they had arrested a seventh person, a 22-year-old woman, in east London on Saturday. Police are on high alert ahead of the London Olympics but said the latest arrest and those of a woman and five men in London earlier this week were not linked to …

  • In this Monday, July 2, 2012 an Israeli soldier prays next to the Western Wall, the holiest site where Jews can pray, in Jerusalem's Old City. Deep in the heart of Mea Shearim, a Jerusalem bastion of hardline ultra-Orthodox Jews, hundreds of bearded young men in black suits have their noses burrowed into books, immersed in biblical study and oblivious to their surroundings. These young men, and their sheltered lifestyle, are at the heart of a battle that is tearing Israel apart in a clash between tradition and modernity, religion and democracy. The fight centers on whether ultra-Orthodox males should be drafted into the military along with other Jews, but it really is about a much deeper issue: the place of Judaism in the Jewish state. Deep in the heart of Mea Shearim, a Jerusalem bastion of hardline ultra-Orthodox Jews, hundreds of bearded young men in black suits have their noses burrowed into books, immersed in biblical study and oblivious to their surroundings. These young men, and their sheltered lifestyle, are at the heart of a battle that is tearing Israel apart in a clash between tradition and modernity, religion and democracy. The fight centers on whether ultra-Orthodox males should be drafted into the military along with other Jews, but it really is about a much deeper issue: the place of Judaism in the Jewish state. (AP Photo/Dan Balilty)

    Deep in the heart of Mea Shearim, a Jerusalem bastion of hardline ultra-Orthodox Jews, hundreds of bearded young men in black suits have their noses burrowed into books, immersed in biblical study and oblivious to their surroundings.

  • In this  still image taken from video, George Zimmerman leaves the Seminole County Jail after posting bail, Friday, July 6, 2012, in Sanford, Fla. Zimmerman left the Seminole County Jail a day after Circuit Judge Kenneth Lester granted a $1 million bail with strict conditions. The neighborhood watch leader is required to stay in Seminole County. Zimmerman has pleaded not guilty to second-degree murder and claims the shooting was self-defense under the state's "stand your ground" law. (AP Photo/Mike Lewis)

    George Zimmerman is out of jail again, but the rules have changed since the last time he was released on bail after being charged in the fatal shooting of Trayvon Martin.

  • Every summer it seems like a different kind of out-of-control weather pattern decides to strike. In the past month alone, we've experienced deadly Colorado wildfires, early-season heat waves and a wind-whipping hurricane, convincing formerly dubious Americans that climate change is actually real, according to the Associated …

  • Thaddeus McCotter Had Such a Bad Month, He Resigned Early

    Michigan Republican Rep. Thaddeus McCotter, who launched a short-lived White House bid in 2011, announced Friday that he was resigning from Congress, citing personal family issues. "After nearly 26 years in elected office, this past nightmarish month and a half have, for the first time, severed the necessary harmony between …

More

Sports News

Yahoo! Reuters Headlines-Sports:

Business News

Yahoo! Reuters Headlines-Business:

  • Apartment Rents Rise, Vacancies Plunge
    Apartment Rents Rise, Vacancies Plunge ABC News - 22 hrs ago

    On June 1, Dan Nainan’s landlord informed him that at the end of August his rent would be increasing by more than 28 percent. A five-year resident of his one-bedroom … More »Apartment Rents Rise, Vacancies Plunge

    Apartment Rents Rise, Vacancies Plunge

    On June 1, Dan Nainan’s landlord informed him that at the end of August his rent would be increasing by more than 28 percent. A five-year resident of his one-bedroom apartment located in a prime spot in New York City, Nainan’s rent is set to...

  • Best Buy to cut 2,400 jobs in turnaround effort AP - 10 hrs ago

    Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restructure operations … More »Best Buy to cut 2,400 jobs in turnaround effort

    Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restructure operations and improve results, the company said Friday.

  • Barclays bank former Chief Executive Bob Diamond leaves after giving evidence to the Treasury select committee in Westminster, London
    Rate rigging probe escalates in UK and Germany Reuters - 14 hrs ago

    LONDON/FRANKFURT (Reuters) - A global investigation into manipulation of interbank lending rates widened on Friday with Britain's fraud squad taking up the case and sources … More »Rate rigging probe escalates in UK and Germany

    Barclays bank former Chief Executive Bob Diamond leaves after giving evidence to the Treasury select committee in Westminster, London

    LONDON/FRANKFURT (Reuters) - A global investigation into manipulation of interbank lending rates widened on Friday with Britain's fraud squad taking up the case and sources telling Reuters that Germany's markets regulator had launched a probe into Deutsche Bank. Authorities in the United States, Europe, Japan and Canada …

  • Traders work on the floor of the New York Stock Exchange
    Jobs selloff erases Wall Street's gains for week Reuters - 16 hrs ago

    NEW YORK (Reuters) - Stocks fell about 1 percent on Friday as another month of tepid jobs growth underlined fears the economy was stalling, though not to the point where … More »Jobs selloff erases Wall Street's gains for week

    Traders work on the floor of the New York Stock Exchange

    NEW YORK (Reuters) - Stocks fell about 1 percent on Friday as another month of tepid jobs growth underlined fears the economy was stalling, though not to the point where more economic stimulus from the Federal Reserve was imminent. Friday's losses meant the S&P 500 index ended the week 0.6 percent lower, with technology …

  • In this photo illustration, a Facebook logo on a computer screen is seen through a magnifying glass held by a woman in Bern
    Facebook, Yahoo tie up, settle lawsuits Reuters - 15 hrs ago

    SAN FRANCISCO (Reuters) - Facebook Inc and Yahoo Inc agreed to forge a broad Internet advertising and licensing partnership on Friday, laying to rest their dueling patent … More »Facebook, Yahoo tie up, settle lawsuits

    In this photo illustration, a Facebook logo on a computer screen is seen through a magnifying glass held by a woman in Bern

    SAN FRANCISCO (Reuters) - Facebook Inc and Yahoo Inc agreed to forge a broad Internet advertising and licensing partnership on Friday, laying to rest their dueling patent lawsuits. The pact settles accusations of technology patent infringement that began under the stewardship of ex-Yahoo CEO Scott Thompson, ousted after …

  • File photo of Best Buy logo seen at a store in Toronto
    Best Buy to cut 2,400 jobs, including 600 at Geek Squad Reuters - 15 hrs ago

    (Reuters) - Struggling electronics retailer Best Buy Co Inc plans to cut about 2,400 jobs -- 1.4 percent of its workforce -- including 600 Geek Squad technicians, a spokesman … More »Best Buy to cut 2,400 jobs, including 600 at Geek Squad

    File photo of Best Buy logo seen at a store in Toronto

    (Reuters) - Struggling electronics retailer Best Buy Co Inc plans to cut about 2,400 jobs -- 1.4 percent of its workforce -- including 600 Geek Squad technicians, a spokesman for the company confirmed on Friday. The latest cuts come on top of jobs associated with 50 store closings announced in March, spokesman Bruce Hight, …

  • President Barack Obama speaks at Dobbins Elementary School in Poland, Ohio, Friday, July 6, 2012. Obama is on a two-day bus trip through Ohio and Pennsylvania. (AP Photo/Susan Walsh)
    Obama challenges Romney on China trade AP - 6 hrs ago

    President Barack Obama challenged rival Mitt Romney's promise to get tough on China, saying in a new ad released Saturday that Romney "made a fortune" allowing China … More »Obama challenges Romney on China trade

    President Barack Obama speaks at Dobbins Elementary School in Poland, Ohio, Friday, July 6, 2012. Obama is on a two-day bus trip through Ohio and Pennsylvania. (AP Photo/Susan Walsh)

    President Barack Obama challenged rival Mitt Romney's promise to get tough on China, saying in a new ad released Saturday that Romney "made a fortune" allowing China to take U.S. jobs.

  • FILE - This combination of 2012 file photos shows the logos of Yahoo, left, and Facebook, outside their offices in Santa Clara, Calif. and Menlo Park, Calif. The two companies have agreed to settle a patent dispute on Friday, July 6, 2012, averting a potentially bitter battle over the technology running two of the Internet's most popular destinations. (AP Photo/Paul Sakuma)
    Yahoo, Facebook strike patent truce, ad alliance AP - 13 hrs ago

    Facebook and Yahoo have agreed to settle a months-long patent dispute, averting a potentially expensive battle over the technology running two of the Internet's most … More »Yahoo, Facebook strike patent truce, ad alliance

    FILE - This combination of 2012 file photos shows the logos of Yahoo, left, and Facebook, outside their offices in Santa Clara, Calif. and Menlo Park, Calif. The two companies have agreed to settle a patent dispute on Friday, July 6, 2012, averting a potentially bitter battle over the technology running two of the Internet's most popular destinations. (AP Photo/Paul Sakuma)

    Facebook and Yahoo have agreed to settle a months-long patent dispute, averting a potentially expensive battle over the technology running two of the Internet's most popular destinations.

  • French oil tax to cost Total up to 160 million euros: CEO Reuters - 3 hrs ago

    AIX-EN-PROVENCE, France (Reuters) - The cost for Total of a one-off tax on oil inventories included in France's amended 2012 budget bill will be between 140 million euros … More »French oil tax to cost Total up to 160 million euros: CEO

    AIX-EN-PROVENCE, France (Reuters) - The cost for Total of a one-off tax on oil inventories included in France's amended 2012 budget bill will be between 140 million euros ($172.3 million) and 160 million, the chief executive of the French oil major said on Saturday. "I will give you a range, because it will depend on the …

  • Sign is seen on Wall Street near the New York Stock Exchange
    Wall Street Week Ahead: Stimulus moves, profits to be focus Reuters - 10 hrs ago

    NEW YORK (Reuters) - Wall Street has been running in circles for the past two months, and the pattern may continue despite the upcoming start of the earnings season. … More »Wall Street Week Ahead: Stimulus moves, profits to be focus

    Sign is seen on Wall Street near the New York Stock Exchange

    NEW YORK (Reuters) - Wall Street has been running in circles for the past two months, and the pattern may continue despite the upcoming start of the earnings season. Quarterly report cards from blue-chips Alcoa and JPMorgan next week could fade into the background as traders jockey for position before key data from China …

  • Biggest U.S. electricity system says ready for heat wave Reuters - 18 hrs ago

    (Reuters) - The biggest electricity system in the nation said it does not expect supply problems on Friday or over the weekend despite a continuing brutal heat wave. … More »Biggest U.S. electricity system says ready for heat wave

    (Reuters) - The biggest electricity system in the nation said it does not expect supply problems on Friday or over the weekend despite a continuing brutal heat wave. PJM, which operates the power grid in the mid-Atlantic and Midwest United States, said in a news release on Friday that it will keep a hot weather alert in …

  • FILE-In this June 13, 2012 file photo, job seekers have their resumes reviewed at a job fair expo in Anaheim, Calif.  U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said in its report Friday, July 6, 2012. (AP Photo/Jae C. Hong, File)
    Jobs data force delicate balancing act for Obama AP - 15 hrs ago

    A third straight month of weak hiring shows the U.S. economy is still struggling three years after the recession officially ended. More »Jobs data force delicate balancing act for Obama

    FILE-In this June 13, 2012 file photo, job seekers have their resumes reviewed at a job fair expo in Anaheim, Calif.  U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said in its report Friday, July 6, 2012. (AP Photo/Jae C. Hong, File)

    A third straight month of weak hiring shows the U.S. economy is still struggling three years after the recession officially ended.

  • Diekmann, chief executive of Allianz, poses before the start of the company's annual shareholders' meeting in Munich
    D-Mark return would send Germany into slump: Allianz CEO Reuters - 2 hrs 2 mins ago

    FRANKFURT (Reuters) - A return to the D-Mark would throw Germany's economy into a deep structural crisis, the chief executive of Europe's biggest insurer was quoted saying, … More »D-Mark return would send Germany into slump: Allianz CEO

    Diekmann, chief executive of Allianz, poses before the start of the company's annual shareholders' meeting in Munich

    FRANKFURT (Reuters) - A return to the D-Mark would throw Germany's economy into a deep structural crisis, the chief executive of Europe's biggest insurer was quoted saying, adding such a move would be "irresponsible". "In this scenario, Germany would slide into a deep depression with GDP dropping by double digits for a …

  • A123's cash burn another black eye for green tech Reuters - 14 hrs ago

    DETROIT (Reuters) - Once a high-flying green technology company, battery maker A123 Systems Inc on Friday told investors it has about five months of cash left to fund … More »A123's cash burn another black eye for green tech

    DETROIT (Reuters) - Once a high-flying green technology company, battery maker A123 Systems Inc on Friday told investors it has about five months of cash left to fund operations, adding to woes for a sector short on results and long on government loans. The company, which received a $249 million grant from the Obama administration …

  • Condition for ESM bond-buying will be reforms: EU's Rehn Reuters - 1 hr 53 mins ago

    ROME (Reuters) - Countries who want the euro-zone's permanent bailout funds to buy their bonds to help lower borrowing costs will have to commit to a reform program, … More »Condition for ESM bond-buying will be reforms: EU's Rehn

    ROME (Reuters) - Countries who want the euro-zone's permanent bailout funds to buy their bonds to help lower borrowing costs will have to commit to a reform program, EU Economic and Monetary Affairs Commissioner Olli Rehn said in an Italian daily on Saturday. Rehn wrote in La Repubblica that the market intervention would …

  • Traders work on the floor of the New York Stock Exchange
    Global stocks, euro slide as U.S. jobs data drives global fear Reuters - 15 hrs ago

    NEW YORK (Reuters) - Stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 percent on Friday after disappointing U.S. jobs growth reinforced … More »Global stocks, euro slide as U.S. jobs data drives global fear

    Traders work on the floor of the New York Stock Exchange

    NEW YORK (Reuters) - Stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 percent on Friday after disappointing U.S. jobs growth reinforced worries the American economy was mired in a slow-growth rut. The U.S. Labor Department reported that employers created only 80,000 jobs in June, far …

  • FILE-In this June 13, 2012 file photo, job seekers have their resumes reviewed at a job fair expo in Anaheim, Calif.  U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said in its report Friday, July 6, 2012. (AP Photo/Jae C. Hong, File)
    FILE-In this June 13, 2012 file photo, job seekers have their resumes reviewed at a job fair expo in Anaheim, Calif.  U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said in its report Friday, July 6, 2012. (AP Photo/Jae C. Hong, File)

    The American job machine has jammed. Again.

  • Closed branch of Germany's largest bank 'Deutsche Bank' is pictured in a parking garage in Bochum
    Exclusive: Germany pushes Libor probe of Deutsche Bank Reuters - 18 hrs ago

    FRANKFURT (Reuters) - Germany's markets regulator has launched a special probe into Deutsche Bank over suspected manipulation of interbank lending rates, joining authorities … More »Exclusive: Germany pushes Libor probe of Deutsche Bank

    Closed branch of Germany's largest bank 'Deutsche Bank' is pictured in a parking garage in Bochum

    FRANKFURT (Reuters) - Germany's markets regulator has launched a special probe into Deutsche Bank over suspected manipulation of interbank lending rates, joining authorities around the globe investigating the world's largest banks, two people familiar with the matter said on Friday. Investigators in the United States, Europe …

  • Nissan braces for tough environment in China for Infiniti Reuters - 4 hrs ago

    BEIJING (Reuters) - Nissan Motor Co.'s luxury brand Infiniti is bracing for a tough start in China, even as it opened a high-profile "flagship plus" store in Beijing … More »Nissan braces for tough environment in China for Infiniti

    BEIJING (Reuters) - Nissan Motor Co.'s luxury brand Infiniti is bracing for a tough start in China, even as it opened a high-profile "flagship plus" store in Beijing and pledged to beef up its presence in China. Nissan - Japan's second largest auto maker after Toyota Motor Corp. by volume - is aiming to sell 100,000 Infinity …

  • ECB's Asmussen sees EU bank supervisor in place in 2013 Reuters - 2 hrs 21 mins ago

    MILAN (Reuters) - The European Central Bank will be able to fully act as Europe's unified banking supervisor only from next year, a top ECB policymaker told an Italian … More »ECB's Asmussen sees EU bank supervisor in place in 2013

    MILAN (Reuters) - The European Central Bank will be able to fully act as Europe's unified banking supervisor only from next year, a top ECB policymaker told an Italian daily on Saturday, adding it was important to keep the new role distinct from monetary policy. ECB Executive Board member Joerg Asmussen also told La Stampa …

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