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Obama warns Koran-burning would boost al Qaeda

6 minutes ago
WASHINGTON (Reuters) - President Barack Obama warned Thursday that an obscure U.S. Christian pastor's plan to burn the Koran on September 11 could provoke al Qaeda suicide bombings, and Asian countries urged Washington to prevent the act.

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Iran says to free one detained American hiker

42 minutes ago
TEHRAN (Reuters) - Iran will release one of the three detained American hikers accused of espionage, an official told Reuters on Thursday.

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Jobless claims, trade gap brighten outlook

1 hour, 25 minutes ago
WASHINGTON (Reuters) - New claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

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U.S. Marines seize ship from pirates in the Gulf of Aden

2 hours, 5 minutes ago
DUBAI (Reuters) - U.S. Marines boarded and seized a commercial German vessel in the Gulf of Aden that had been attacked and boarded by pirates a day earlier, the U.S. Fifth Fleet said in a statement on Thursday.

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Obama: Top aide Emanuel would make "terrific" mayor

2 hours, 30 minutes ago
WASHINGTON (Reuters) - President Barack Obama said his hard-nosed chief of staff Rahm Emanuel would make a terrific mayor of Chicago but expects him to wait until after the November congressional elections to decide whether to run.

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Economists cut U.S. growth forecast again

2 hours, 56 minutes ago
WASHINGTON (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.

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Obama says planned Koran burning is boosting Qaeda

3 hours, 9 minutes ago
WASHINGTON (Reuters) - President Barack Obama warned on Thursday that a Florida pastor's plan to burn copies of the Koran is being used as an al Qaeda recruitment tool and he urged the minister to reconsider the decision.

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Health reforms trigger spending shift

4 hours, 12 minutes ago
WASHINGTON (Reuters) - New U.S. reforms are poised to dramatically shift the nation's healthcare spending, not only curbing Medicare costs but also pumping more money toward the private sector as roughly 32 million people gain coverage.

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British MPs to grill BP CEO Hayward

4 hours, 36 minutes ago
LONDON (Reuters) - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.

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U.S. slips in WEF's competitiveness rankings

6 hours, 59 minutes ago
BEIJING (Reuters) - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.

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