Aaron's Daily WWW Newspaper

Hummers on the lot at Tustin Hummer, a dealership in Tustin, Calif., Monday,

AP

GM strikes tentative deal to sell Hummer brand AP – 10 mins ago

NEW YORK – General Motors Corp. took two key steps toward its downsizing on Tuesday, striking a tentative agreement to sell its Hummer brand and obtaining the first payout of federal loans for its European division. Full Story»

Video: The Future of GM Dealerships CNBC

Relatives of passengers of the Air France flight 447 are pictured through a

Heavy clouds hamper search for Air France jet AP – 1 hr 1 min ago

Supreme Court nominee Sonia Sotomayor smiles during a meeting with members of

Sotomayor to make her Capitol Hill debut AP – 1 hr 10 mins ago

US inviting Iranian diplomats to July 4 parties
AP – 1 hr 1 min ago

SAN PEDRO SULA, Honduras - In a new overture to Iran, the Obama administration has authorized U.S. embassies around the world to invite Iranian officials to Independence Day parties they host on or around July 4th. Full Story»
China, US to resume high-level, annual discussions
AP – 1 hr 7 mins ago

AP

BEIJING - U.S. Treasury Secretary Timothy Geithner concluded his reassurance tour of China on Tuesday, telling leaders of the country that holds the largest share of America's debt that U.S. President Barack Obama was committed to tackling the soaring budget deficits. Full Story»
Conan O'Brien makes debut on 'The Tonight Show'
AP – 1 hr 37 mins ago

AP

NEW YORK - Conan O'Brien debuted as host of "The Tonight Show" with a jog across the country to Los Angeles and other comedy bits on his entry into a strange new West Coast culture. Full Story»
Howard, Utley hit consecutive HRs to lead Phillies
AP – 1 hr 13 mins ago

AP

SAN DIEGO - Chase Utley and Ryan Howard hit consecutive home runs in the fifth inning and Philadelphia beat Adrian Gonzalez and the San Diego Padres 5-3 on Monday night, the Phillies' fourth straight win. Full Story»
Ocean search for Air France jet with 228 aboard continues
Reuters – 1 hr 25 mins ago
Reuters
PARIS/RIO DE JANEIRO (Reuters) - Planes and ships searched an expanse of the Atlantic Ocean on Tuesday for the wreckage of an Air France jetliner that vanished during a storm with 228 people on board. Full Story»
- Video: Investigators ponder Air France flight's fate AP
- Slideshow: Air France plane missing
GM files for bankruptcy, urges quick action
Reuters – 21 mins ago
Reuters
DETROIT/WASHINGTON (Reuters) - General Motors Corp filed for bankruptcy on Monday as the Obama administration took the first steps to try to revive a failed icon of American industry by extending unprecedented federal funding and oversight. Full Story»
- Slideshow: General Motors Corp.
North Korea's Kim moves to anoint youngest son as heir
Reuters – Tue Jun 2, 4:31 am ET
Reuters
SEOUL (Reuters) - North Korean leader Kim Jong-il has signaled the anointment of his youngest son as heir to the ruling family dynasty as the rival Koreas bolstered their militaries along a disputed sea border on Tuesday. Full Story»
- Slideshow: North Korea

Exclusive: Global consumer confidence stabilizing
Reuters – 3 mins ago

NEW YORK (Reuters) - Global consumer confidence is stabilizing after falling for 18 months, providing a glimmer of hope for a shattered world economy in which three quarters of households cut spending, a survey showed on Tuesday. Full Story»
Healthcare overhaul seen boosting U.S. economy
Reuters – Mon Jun 1, 11:45 pm ET

WASHINGTON (Reuters) - Overhauling the U.S. healthcare system to contain soaring costs and expand medical coverage to the uninsured would help boost U.S. economic output, lower budget deficits and raise workers' incomes, a White House report said on Tuesday. Full Story»
Sarkozy to meet Iran's foreign minister Wednesday
Reuters – 1 hr 17 mins ago

PARIS (Reuters) - French President Nicolas Sarkozy will meet Iran's foreign minister on Wednesday to discuss Tehran's nuclear program, in rare talks between a leader of a major power and a senior Iranian politician. Full Story»
Geithner sees China backing U.S. policy, dollar
Reuters – 55 mins ago

BEIJING (Reuters) - Chinese officials are giving U.S. efforts to pump up its ailing economy a vote of confidence and understand why higher budget deficits are a temporary necessity, U.S. Treasury Secretary Timothy Geithner said on Tuesday. Full Story»
Pakistani army rescues kidnapped students
Reuters – 30 mins ago
Reuters
ISLAMABAD (Reuters) - Pakistani soldiers Tuesday rescued scores of students and staff from a military-run college who were abducted by Taliban militants in the northwest of the country, a military spokesman said. Full Story»
- Slideshow: Pakistan
Search intensifies for vanished Air France flight
AFP – 2 hrs 59 mins ago
AFP
PARIS (AFP) - Search teams hunting an Air France plane that vanished with 228 people on board were scouring remote Atlantic waters Tuesday with scant hope of finding survivors and few clues to explain the crash. Full Story»
- Slideshow: Air France plane missing
NKorea's Kim names his successor: reports
AFP – 31 mins ago
AFP
SEOUL (AFP) - North Korea's ailing Kim Jong-Il has named his youngest son to eventually succeed him as leader of the communist state, which appears to be preparing another volley of missiles, reports said Tuesday. Full Story»
- Slideshow: North Korea

Sports News

Yahoo! Reuters Headlines-Sports:

Switzerland's Roger Federer jubilates after defeating Germany's Tommy Haas

AP

Federer comes back to beat Haas in 5 sets in Paris

AP – Mon Jun 1, 4:59 pm ET

PARIS – Roger Federer knows full well, of course, that Rafael Nadal is no longer around this year to befuddle him, to beat him, to stand between him and a French Open title. Full Story»

Slideshow: French Open Tennis Tournament

Mickelson plans to return in time for US Open

AP – Mon Jun 1, 11:33 pm ET

USA's Serena Williams reacts as she defeats Canada's Aleksandra Wozniak during

Easy win for Serena Williams in Paris, finally

AP – Mon Jun 1, 2:42 pm ET

Magic mull possible return of Nelson for finals AP – Mon Jun 1, 5:55 pm ET
Canadiens hire Jacques Martin as coach AP – Mon Jun 1, 6:47 pm ET
76ers introduce Eddie Jordan as coach AP – Mon Jun 1, 5:21 pm ET

Play Video

Calling all star-crossed loversCouples can now marry on Romeo and Juliet's balcony

See today's talked about videos

Confident Breaston soaks up Boldin's practice time
AP – Tue Jun 2, 3:52 am ET

AP

TEMPE, Ariz. - As Anquan Boldin stays away in a contract dispute, Steve Breaston has confidently moved up to the No. 2 wide receiver spot for the Arizona Cardinals. Full Story»
Mills keeping name in NBA draft
AP – Mon Jun 1, 10:38 pm ET

AP

OAKLAND, Calif. - Patty Mills is prepared to test his talent in the NBA. Full Story»
Howard, Utley hit consecutive HRs to lead Phillies
AP – 1 hr 13 mins ago

AP

SAN DIEGO - Chase Utley and Ryan Howard hit consecutive home runs in the fifth inning and Philadelphia beat Adrian Gonzalez and the San Diego Padres 5-3 on Monday night, the Phillies' fourth straight win. Full Story»
Real's 'Galactico' president signs Pellegrini, Zidane
AFP – 2 hrs 18 mins ago

AFP/File

MADRID (AFP) - Florentino Perez, the inspiration behind the Real Madrid 'Galacticos', launched his second term as president on Monday by bringing in Chile's Manuel Pellegrini as the club's new coach and France legend Zinedine Zidane as a top advisor. Full Story»
Red Wings' Hossa set for rough return to The Igloo
AP – Tue Jun 2, 3:52 am ET
AP
PITTSBURGH - The Detroit Red Wings need only to go back one year to recall what it's like to take a 2-0 Stanley Cup finals lead into "The Igloo" against the Pittsburgh Penguins. Full Story»
- Slideshow: Stanley Cup Finals
Washington 1 win away from NCAA softball title
AP – Tue Jun 2, 3:52 am ET

AP

OKLAHOMA CITY - Washington brought the lowest scoring team in the Women's College World Series to face the Florida pitcher with the best ERA in the nation. Full Story»

Murray, Gonzalez to clash in French Open quarters
AFP – 1 hr 46 mins ago

AFP/File

PARIS (AFP) - Andy Murray faces his first French Open quarter-final on Tuesday against big-hitting Fernando Gonazalez who almost missed Roland Garros due to a freak injury caused by signing autographs. Full Story»
Russia Open canceled after main sponsor pulls out
AP – 2 hrs 17 mins ago

MOSCOW - Organizers have canceled this year's Russian Open golf tournament after the event's main sponsor pulled out. Full Story»
Berto easily retains welterweight title
AP – Sun May 31, 12:50 am ET

HOLLYWOOD, Fla. - Andre Berto retained his World Boxing Council welterweight title with a unanimous decision over Colombia's Juan Urango on Saturday night. Full Story»
Patrick's comments no laughing matter to USADA
AP – Mon Jun 1, 9:42 pm ET

IndyCar racer Danica Patrick insists she was joking when she said using performance-enhancing drugs would only be cheating if she got caught. Full Story»
Russia: No government money for Sochi in 2009-10
AP – 31 mins ago

MOSCOW - The Russian government won't finance the preparations for the 2014 Winter Olympics in Sochi this year and next because there is enough financial support from private investors, Deputy Prime Minister Alexander Zhukov said Tuesday. Full Story»

Business News

Yahoo! Reuters Headlines-Business:

A Hummer display is shown in the showroom at the Williamson Cadillac dealership

AP

General Motors in tentative deal to sell Hummer

AP – 26 mins ago

NEW YORK – General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for bankruptcy protection with hopes that it will transform its most profitable assets into a new company within just 30 days. Full Story»

Video: First Person: GM bankruptcy's impact on one town AP

A man checks his mobile phone while walking by an electronic stock board of a

World markets take breather after big gains

AP – 54 mins ago

GM strikes tentative deal to sell Hummer brand

AP – 10 mins ago

Video: The Future of GM Dealerships CNBC

Goldman Sachs sells $1.9B stake in China's ICBC AP – 1 hr 50 mins ago
Morgan Stanley to raise $2.2 billion in capital AP – 28 mins ago
Dow Jones swaps Travelers for Citigroup AP – Mon Jun 1, 3:39 pm ET

Play Video

Calling all star-crossed loversCouples can now marry on Romeo and Juliet's balcony

See today's talked about videos

China state press slams US debt purchases
AFP – Mon Jun 1, 11:23 pm ET

AFP/Pool

BEIJING (AFP) - China's state press expressed opposition to massive purchases of US debt, the second day of a visit by US Treasury Secretary Timothy Geithner. Full Story»
Staples profit falls 33 percent in 1st quarter
AP – Wed May 27, 5:51 pm ET

CHICAGO - Recession-weary customers are still putting off big-ticket purchases from office-supply chain Staples Inc., but the retailer said it's beginning to see smaller declines in foot traffic and sales to small businesses. Full Story»
European unemployment continues to surge
AP – 1 hr 17 mins ago

BRUSSELS - The jobless rate in the 16 nations that use the euro surged to 9.2 percent in April, the highest level in almost a decade, the EU statistics office says. Full Story»
US income rise fails to ignite consumer spending
AFP – Mon Jun 1, 12:21 pm ET

AFP/File

WASHINGTON (AFP) - US personal income posted a surprise jump in April fueled by government stimulus and tax breaks but wary consumers were reluctant to spend in the midst of prolonged recession, new data showed Monday. Full Story»
Target to partner with DailyCandy.com: report
Reuters – Tue Jun 2, 12:05 am ET

(Reuters) - Target Corp, the No. 2 U.S. discount retailer, plans to announce a partnership with Comcast Corp's free daily e-mail newsletter and website DailyCandy.com on Tuesday, the Wall Street Journal reported. Full Story»

GM latest in string of US company takeovers
AP – Tue Jun 2, 4:14 am ET

WASHINGTON - The U.S. assumption of a controlling interest in General Motors Corp. isn't the first time the government has nationalized a company or an industry. It has taken shares in banks, railways, steel mills, coal mines and foreclosed homes. Full Story»
Oil prices fall after rally to seven-month peaks
AFP – 49 mins ago
AFP/File
LONDON (AFP) - Oil prices fell Tuesday on profit-taking after optimism about a potential global economic recovery had sent them spiking to the highest levels this year, traders said. Full Story»
- Slideshow: Oil Industry
GMAC bank unit denies paying unfair interest rates
Reuters – Mon Jun 1, 11:28 am ET

WASHINGTON (Reuters) - Ally Bank, the banking unit of auto and mortgage lender GMAC, on Monday denied competitors' complaints that it is paying excessive interest rates to attract deposits while on a government-funded lifeline. Full Story»
GM's restructuring officer a veteran of the game
AP – Mon Jun 1, 3:20 pm ET

He was one of the architects during Kmart's bankruptcy reorganization of a multiyear business plan and helped revitalize a health insurer and a manufactured-home builder. Now, turnaround specialist Albert Koch is in for perhaps his biggest challenge yet as GM's chief restructuring officer. Full Story»
Research Parks for the Knowledge Economy
BusinessWeek Online – 36 mins ago

Since it opened 50 years ago, North Carolina's Research Triangle Park has been the epitome of science parks: a neatly landscaped campus of low-rise building buildings in exurbia, where scientists at aspiring technology spin-offs from nearby universities toil all day in cramped, low-rent "incubators" and then disperse each evening to fight the Interstate traffic on their way home. Full Story»

Sometime they'll give a war and nobody will come.: Carl Sandburg (1878 - 1967), The People, Yes (1936)
- More quotations on: [War]
All power corrupts, but we need the electricity.: Unknown
We are continually faced with a series of great opportunities brilliantly disguised as insoluble problems.: John W. Gardner (1912 - 2002)
The whole dream of democracy is to raise the proletarian to the level of stupidity attained by the bourgeois.: Gustave Flaubert (1821 - 1880)
- More quotations on: [Democracy]

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Personal Newspaper Developer: Aaron Douglass Fuegi (aarondf@bu.edu)

Aaron's Daily WWW Newspaper

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