Aaron's Daily WWW Newspaper

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This edition was generated on Mon Sep 24 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

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  • Boeing flags flutter as an Airbus A380, the world's largest jetliner, takes part in a flying display during the 49th Paris Air Show at the Le Bourget airport near Paris
    U.S. says complied with WTO ruling on Boeing subsidies Reuters - 3 hrs ago

    GENEVA (Reuters) - The United States said on Monday it had complied with a ruling ordering it to withdraw unfair subsidies to Boeing as tit-for-tat exchanges flared up … More »U.S. says complied with WTO ruling on Boeing subsidies

    Boeing flags flutter as an Airbus A380, the world's largest jetliner, takes part in a flying display during the 49th Paris Air Show at the Le Bourget airport near Paris

    GENEVA (Reuters) - The United States said on Monday it had complied with a ruling ordering it to withdraw unfair subsidies to Boeing as tit-for-tat exchanges flared up in the world's largest trade dispute. The World Trade Organization (WTO) found in March that the U.S. planemaker had received billions of dollars in unfair …

  • A worker sweeps in the foyer of a Royal Bank of Scotland office in the City of London
    RBS to cut further 300 jobs at investment bank Reuters - 12 mins ago

    LONDON (Reuters) - Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3,800 by the end of 2013, 300 more than previously … More »RBS to cut further 300 jobs at investment bank

    A worker sweeps in the foyer of a Royal Bank of Scotland office in the City of London

    LONDON (Reuters) - Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3,800 by the end of 2013, 300 more than previously anticipated, according to slides released by the bank ahead of an investor presentation. RBS has abandoned ambitions to be a top global investment bank, …

  • Visitors talk near the welcome desk of the EADS booth at the ILA Berlin Air Show south of Berlin
    EADS says BAE talks productive, expects to meet deadline Reuters - 1 hr 18 mins ago

    PARIS (Reuters) - European aerospace group EADS on Monday described merger talks with BAE Systems as productive and said it was currently on track to meet an October … More »EADS says BAE talks productive, expects to meet deadline

    Visitors talk near the welcome desk of the EADS booth at the ILA Berlin Air Show south of Berlin

    PARIS (Reuters) - European aerospace group EADS on Monday described merger talks with BAE Systems as productive and said it was currently on track to meet an October 10 deadline for providing further details on plans to forge the world's largest arms firm. "Discussions regarding our possible combination are proceeding productively," …

  • Fiat CEO Marchionne gives a speech during the opening ceremony at the FIAT car plant in Kragujevac
    Fiat CEO says company is healthy, confirms 2012 targets Reuters - 1 hr 59 mins ago

    TURIN (Reuters) - Italian car maker Fiat is healthy, its chief executive Sergio Marchionne said on Monday, confirming the targets for 2012. Marchionne and Chairman John … More »Fiat CEO says company is healthy, confirms 2012 targets

    Fiat CEO Marchionne gives a speech during the opening ceremony at the FIAT car plant in Kragujevac

    TURIN (Reuters) - Italian car maker Fiat is healthy, its chief executive Sergio Marchionne said on Monday, confirming the targets for 2012. Marchionne and Chairman John Elkann met with Italian Prime Minister Mario Monti on Saturday. They outlined the group's market forecasts and future plans, and agreed to set up a working …

  • Toyota's Executive Vice President Uchiyamada poses next to the company's newly developed compact electric vehicle eQ after a news conference in Tokyo
    Toyota drops plan for widespread sales of electric car Reuters - 2 hrs 35 mins ago

    TOKYO (Reuters) - Toyota Motor Corp has scrapped plans for widespread sales of a new all-electric minicar, saying it had misread the market and the ability of still-emerging … More »Toyota drops plan for widespread sales of electric car

    Toyota's Executive Vice President Uchiyamada poses next to the company's newly developed compact electric vehicle eQ after a news conference in Tokyo

    TOKYO (Reuters) - Toyota Motor Corp has scrapped plans for widespread sales of a new all-electric minicar, saying it had misread the market and the ability of still-emerging battery technology to meet consumer demands. Toyota, which had already taken a more conservative view of the market for battery-powered cars than rivals …

  • Workers clean up glass shards from the broken windows of a security room at Foxconn Tech-Industry Park in Taiyuan
    Foxconn China plant closes after clash involving 2,000 Reuters - 1 hr 14 mins ago

    TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, which assembles Apple's iPhones and makes components for top global electronics companies, closed a plant in China … More »Foxconn China plant closes after clash involving 2,000

    Workers clean up glass shards from the broken windows of a security room at Foxconn Tech-Industry Park in Taiyuan

    TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, which assembles Apple's iPhones and makes components for top global electronics companies, closed a plant in China on Monday after about 2,000 workers were involved in a brawl at a company dormitory. It was not clear how long the shutdown would last at the plant, which …

  • Solar panels are pictured in the Nevada Desert as U.S. President Barack Obama visited the Copper Mountain Solar Project in Boulder City, Nevada
    Insight: U.S. poised to hand over $197 million to another solar panel start-up Reuters - 1 hr 51 mins ago

    LOS ANGELES (Reuters) - A tiny solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 … More »Insight: U.S. poised to hand over $197 million to another solar panel start-up

    Solar panels are pictured in the Nevada Desert as U.S. President Barack Obama visited the Copper Mountain Solar Project in Boulder City, Nevada

    LOS ANGELES (Reuters) - A tiny solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra. SoloPower has initiated a strategy …

  • Workers walk out of the entrance to a Foxconn factory in Chengdu
    Apple supplier halts China factory after violence AP - 1 hr 7 mins ago

    The company that makes Apple's iPhones suspended production at a factory in China on Monday after a brawl by as many as 2,000 employees at a dormitory injured 40 peo … More »Apple supplier halts China factory after violence

    Workers walk out of the entrance to a Foxconn factory in Chengdu

    The company that makes Apple's iPhones suspended production at a factory in China on Monday after a brawl by as many as 2,000 employees at a dormitory injured 40 people.

  • An investor looks at the stock price monitor at a private securities company Friday Sept. 21, 2012 in Shanghai, China. China's benchmark Shanghai Composite Index added 0.1 percent to 2,027.03 Friday, as Asian stock markets rebounded, led by oil and technology shares, despite uncertainty about the fragile global economy. (AP Photo)
    Global growth fears creep into financial markets AP - 2 hrs 1 min ago

    Global financial markets drifted lower Monday as investors' growing concerns about the state of the global economy offset any remaining optimism over central banks' … More »Global growth fears creep into financial markets

    An investor looks at the stock price monitor at a private securities company Friday Sept. 21, 2012 in Shanghai, China. China's benchmark Shanghai Composite Index added 0.1 percent to 2,027.03 Friday, as Asian stock markets rebounded, led by oil and technology shares, despite uncertainty about the fragile global economy. (AP Photo)

    Global financial markets drifted lower Monday as investors' growing concerns about the state of the global economy offset any remaining optimism over central banks' stimulus efforts.

  • Economists say US needs more taxes, spending cuts AP - 1 hr 15 mins ago

    The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, according to a group of economists. More »Economists say US needs more taxes, spending cuts

    The best way to reduce the federal deficit is through a combination of higher taxes and spending cuts, according to a group of economists.

  • A participant to a press event by Toyota Motor Corp. puts a quick charger plug into the newly-developed compact electric vehicle "eQ" during a test drive at a press event in Tokyo Monday, Sept. 24, 2012. Toyota is boosting its green vehicle lineup, with plans for 21 new hybrids in the next three years, a new electric car later this year and a fuel cell vehicle by 2015 in response to growing demand for fuel efficient and environmentally friendly driving. (AP Photo/Koji Sasahara)
    Toyota plans expanded range of hybrids AP - 3 hrs ago

    Toyota Motor Corp. is boosting its green vehicle lineup, with plans for 21 new hybrids in the next three years, a new electric car later this year and a fuel cell vehicle … More »Toyota plans expanded range of hybrids

    A participant to a press event by Toyota Motor Corp. puts a quick charger plug into the newly-developed compact electric vehicle "eQ" during a test drive at a press event in Tokyo Monday, Sept. 24, 2012. Toyota is boosting its green vehicle lineup, with plans for 21 new hybrids in the next three years, a new electric car later this year and a fuel cell vehicle by 2015 in response to growing demand for fuel efficient and environmentally friendly driving. (AP Photo/Koji Sasahara)

    Toyota Motor Corp. is boosting its green vehicle lineup, with plans for 21 new hybrids in the next three years, a new electric car later this year and a fuel cell vehicle by 2015 in response to growing demand for fuel efficient and environmentally friendly driving.

  • Village Voice being sold; Backpage.com left behind AP - 1 hr 23 mins ago

    The Village Voice is being sold, along with all of its affiliated free arts weeklies, but the deal excludes the online classified site Backpage.com, whose listings have … More »Village Voice being sold; Backpage.com left behind

    The Village Voice is being sold, along with all of its affiliated free arts weeklies, but the deal excludes the online classified site Backpage.com, whose listings have drawn fire for promoting the illegal sex trade.

  • FILE- In this Sept. 20, 2012, file photo, Trulia co-founder and CEO Pete Flint, right, talks with trader Thomas Kay, center, on the floor of the New York Stock Exchange. Asian stocks mostly drifted lower Monday, Sept. 24, as investors' growing concerns about the shaky global economy overpowered any remaining optimism over central bank stimulus efforts. (AP Photo/Richard Drew, File)
    US futures head lower on more gloom from Europe AP - 21 mins ago

    Stock futures are falling as investors, with few indicators from the U.S., pore over more gloomy economic data out of Europe. More »US futures head lower on more gloom from Europe

    FILE- In this Sept. 20, 2012, file photo, Trulia co-founder and CEO Pete Flint, right, talks with trader Thomas Kay, center, on the floor of the New York Stock Exchange. Asian stocks mostly drifted lower Monday, Sept. 24, as investors' growing concerns about the shaky global economy overpowered any remaining optimism over central bank stimulus efforts. (AP Photo/Richard Drew, File)

    Stock futures are falling as investors, with few indicators from the U.S., pore over more gloomy economic data out of Europe.

  • Maria Adele Carrai of Italy poses in Central, Hong Kong, Wednesday, Sept. 19, 2012. Maria Adele Carrai has two master degrees from Italian universities in economics and Asian languages and is now earning her PhD in international law in Hong Kong. Her linguist credentials are formidable: besides native Italian, they include nearly flawless English, a rarity in Italy; French, Arabic, Japanese and now Mandarin. (AP Photo/Kin Cheung)
    In Europe crisis, connection culture stifles youth AP - 1 hr 6 mins ago

    Maria Adele Carrai has two master's degrees from Italian universities in economics and Asian languages and is now earning her Ph.D. in international law in Hong Kong. … More »In Europe crisis, connection culture stifles youth

    Maria Adele Carrai of Italy poses in Central, Hong Kong, Wednesday, Sept. 19, 2012. Maria Adele Carrai has two master degrees from Italian universities in economics and Asian languages and is now earning her PhD in international law in Hong Kong. Her linguist credentials are formidable: besides native Italian, they include nearly flawless English, a rarity in Italy; French, Arabic, Japanese and now Mandarin. (AP Photo/Kin Cheung)

    Maria Adele Carrai has two master's degrees from Italian universities in economics and Asian languages and is now earning her Ph.D. in international law in Hong Kong. Her linguistic credentials are formidable: Besides native Italian, she has nearly flawless English, a rarity in Italy, as well as French, Arabic, Japanese …

  • Customs delaying some Japanese imports to China AP - 3 hrs ago

    Japanese exporters are facing delays in shipments to some Chinese cities due to stepped-up customs inspections as tensions between the two countries over disputed islands … More »Customs delaying some Japanese imports to China

    Japanese exporters are facing delays in shipments to some Chinese cities due to stepped-up customs inspections as tensions between the two countries over disputed islands remain elevated.

  • German business optimism drops 5th month in row AP - 2 hrs 43 mins ago

    Business optimism in Germany fell for the fifth month in a row, a closely-watched survey showed Monday, in another sign that Europe's debt crisis is weighing on the … More »German business optimism drops 5th month in row

    Business optimism in Germany fell for the fifth month in a row, a closely-watched survey showed Monday, in another sign that Europe's debt crisis is weighing on the continent's largest economy.

  • Portugal's government seeks to defuse tax protests AP - 3 hrs ago

    The prime minister of bailed-out Portugal is searching for alternatives to his planned pay cut for workers — a measure that triggered massive street protests and split … More »Portugal's government seeks to defuse tax protests

    The prime minister of bailed-out Portugal is searching for alternatives to his planned pay cut for workers — a measure that triggered massive street protests and split the coalition government.

  • A worker sweeps in the foyer of a Royal Bank of Scotland office in the City of London
    RBS to cut further 300 jobs at investment bank Reuters - 12 mins ago

    LONDON (Reuters) - Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3,800 by the end of 2013, 300 more than previously … More »RBS to cut further 300 jobs at investment bank

    A worker sweeps in the foyer of a Royal Bank of Scotland office in the City of London

    LONDON (Reuters) - Royal Bank of Scotland has increased its target for job cuts at its investment banking business to 3,800 by the end of 2013, 300 more than previously anticipated, according to slides released by the bank ahead of an investor presentation. RBS has abandoned ambitions to be a top global investment bank, …

  • FILE- In this Sept. 20, 2012, file photo, Trulia co-founder and CEO Pete Flint, right, talks with trader Thomas Kay, center, on the floor of the New York Stock Exchange. Asian stocks mostly drifted lower Monday, Sept. 24, as investors' growing concerns about the shaky global economy overpowered any remaining optimism over central bank stimulus efforts. (AP Photo/Richard Drew, File)
    US futures head lower on more gloom from Europe AP - 21 mins ago

    Stock futures are falling as investors, with few indicators from the U.S., pore over more gloomy economic data out of Europe. More »US futures head lower on more gloom from Europe

    FILE- In this Sept. 20, 2012, file photo, Trulia co-founder and CEO Pete Flint, right, talks with trader Thomas Kay, center, on the floor of the New York Stock Exchange. Asian stocks mostly drifted lower Monday, Sept. 24, as investors' growing concerns about the shaky global economy overpowered any remaining optimism over central bank stimulus efforts. (AP Photo/Richard Drew, File)

    Stock futures are falling as investors, with few indicators from the U.S., pore over more gloomy economic data out of Europe.

  • Ghana 91-day bill yield rises to 23.08 pct Reuters - 43 mins ago

    ACCRA (Reuters) - The Bank of Ghana said on Monday that the yield on its 91-day bill rose to 23.0793 percent at a September 20 auction from 22.9878 percent at the last … More »Ghana 91-day bill yield rises to 23.08 pct

    ACCRA (Reuters) - The Bank of Ghana said on Monday that the yield on its 91-day bill rose to 23.0793 percent at a September 20 auction from 22.9878 percent at the last auction. The Bank said 246.74 million cedis worth of bids for the 91-day paper were accepted at the auction out of a total 275.16 million cedis of bids  …

Miscellaneous Daily Stuff

Quotes of the Day

Selected from Michael Moncur's Collection of Quotations - September 24, 2012
The main dangers in this life are the people who want to change everything - or nothing.
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Nancy Astor (1879 - 1964)  
Man has to suffer. When he has no real afflictions, he invents some.
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Jose Marti  
- More quotations on: [Suffering]
You couldn't even prove the White House staff sane beyond a reasonable doubt.
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Ed Meese (1931 - ), on the Hinckley verdict  
No animal should ever jump up on the dining-room furniture unless absolutely certain that he can hold his own in the conversation.
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Fran Lebowitz (1950 - )  
- More quotations on: [Pets]
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