Friday, February 27, 2009

2/27 Reuters: Top News

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Top N.Y. legal officer demands bonus list from BofA CEO
February 26, 2009 at 11:09 pm

NEW YORK (Reuters) - New York's top legal officer on Thursday demanded Bank of America Corp Chief Executive Kenneth Lewis provide names of Merrill Lynch executives who received 2008 bonuses, and how much they got, before the bank's takeover of the firm in January.

Obama budget plan forecasts soaring deficits
February 26, 2009 at 10:39 pm

WASHINGTON (Reuters) - President Barack Obama forecast the biggest U.S. deficit since World War Two in a budget on Thursday that urges a costly overhaul of the healthcare system and would spend billions to arrest the economy's freefall.

U.S., Afghans, Pakistanis plan regular 3-way talks
February 26, 2009 at 10:00 pm

WASHINGTON (Reuters) - The United States, Afghanistan and Pakistan have agreed to hold regular three-nation talks on strategy in their war in South Asia, Secretary of State Hillary Clinton said on Thursday.

Mexico to send more troops to besieged city
February 26, 2009 at 9:43 pm

CIUDAD JUAREZ, Mexico (Reuters) - Mexico is sending thousands more troops and federal police to the country's most violent city, where law and order is on the brink of collapse in a war between gangs supplying drugs to the United States.

U.S. workers on jobless benefits at record high
February 26, 2009 at 8:28 pm

WASHINGTON (Reuters) - The number of U.S. workers drawing jobless aid jumped to a record high in mid-February, while the recession undercut demand for manufactured goods last month and sent new homes sales to their lowest since 1963.

GM posts deep loss, auditors may question viability
February 26, 2009 at 8:25 pm

DETROIT (Reuters) - General Motors Corp posted a loss of nearly $31 billion on Thursday for 2008 and said its auditors were likely to cast doubt on its viability as it seeks an expanded federal bailout to stay afloat.

U.S. charges suspected al Qaeda agent
February 26, 2009 at 7:02 pm

WASHINGTON/MIAMI (Reuters) - U.S. criminal charges were filed on Thursday against Ali al-Marri, a suspected al Qaeda "sleeper" agent held for 5 1/2 years at a military prison in South Carolina, sources involved in the case said.

Iran slams Obama government at U.N.
February 26, 2009 at 3:41 pm

UNITED NATIONS (Reuters) - Iran went on the offensive against the Obama administration on Thursday, accusing Washington's new U.N. ambassador of making the "same tired" accusations against Iran as the Bush administration.

U.S. workers on jobless benefits at record high
February 26, 2009 at 2:50 pm

WASHINGTON (Reuters) - The number of U.S. workers drawing jobless aid jumped to a record high in mid-February, while the recession undercut demand for manufactured goods last month and sent new homes sales to their lowest since 1963.

U.S. expected to charge suspected al Qaeda agent
February 26, 2009 at 2:50 pm

WASHINGTON (Reuters) - Federal prosecutors are expected to bring criminal charges against Ali al-Marri, a suspected al Qaeda "sleeper" agent who has been held for 5-1/2 years at a U.S. military prison in South Carolina, someone involved in the case said on Thursday.

GM posts deep loss, auditors may question viability
February 26, 2009 at 2:36 pm

DETROIT (Reuters) - General Motors Corp posted a loss of nearly $31 billion on Thursday for 2008 and said its auditors were likely to cast doubt on its viability as it seeks an expanded federal bailout to stay afloat.

Holocaust-denying British bishop makes apology
February 26, 2009 at 2:00 pm

LONDON (Reuters) - A Roman Catholic bishop who caused an uproar by denying the scale of the Holocaust has apologized for his views in statements carried on a Catholic news agency website on Thursday.

Britain admits rendition of prisoners from Iraq
February 26, 2009 at 1:53 pm

LONDON (Reuters) - Britain's defense minister made an unusual public apology on Thursday, admitting Britain had taken part in the "rendition" of suspects detained in Iraq after denying it for years.

Don't create new Guantanamo elsewhere, EU tells U.S.
February 26, 2009 at 1:16 pm

BRUSSELS (Reuters) - The United States must not allow its Bagram military base in Afghanistan to become a new Guantanamo Bay if it wants European Union help to close the prison on Cuba, EU officials said Thursday.

Rich-nation 2020 greenhouse gas cuts seen at 15 percent
February 26, 2009 at 12:00 pm

OSLO (Reuters) - Rich nations have converged on targets of around 15 percent for cutting greenhouse gases by 2020, but recession across much of the world could impede efforts to agree a new U.N. climate pact by the end of the year.
 

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