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Greenspan: Don't use Fed as a 'magical piggy bank', Jeannine Aversa

Troubled by the Bear Stearns debacle, former Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden c...

Prisons scramble to make digital TV switch, Jim Davenport

The big switch to digital TV has prison officials scrambling to keep one of the most important peacekeeping tools in prisons across the nation — broadcast television....

Relief in New Orleans, punishment in Baton Rouge, Mark Williams

The path of Hurricane Gustav offered New Orleans a reprieve, but 80 miles away where utilities say the devastation was the worst they have ever seen, the storm offered noth...

Boeing, union in 48-hour contract overtime talks, Tim Klass

Representatives from Boeing Co. and the machinists union met with a federal mediator Thursday as the clock ticked on an unusual two-day contract extension after union produ...

Breeden details year of progress at H&R Block, David Twiddy

A year after orchestrating a takeover of H&R Block Inc.'s leadership, Richard Breeden gave shareholders an update Thursday on efforts to rejuvenate the tax preparation ...

SeaChange expects 2009 revenue to climb 10 percent

SeaChange International Inc. said it expects to be profitable in the second half of its fiscal 2009 year and predicts revenue for the year will be about 10 percent above fi...

SeaChange's 2Q beats Wall Street views by 2c

SeaChange International Inc. reported fiscal 2009 second-quarter results that beat Wall Street's estimates late Thursday.The Acton, Mass., company which makes softwa...

Ameritrade names new chief operations officer

TD Ameritrade Holding Corp. named a new chief operating officer Thursday as the company prepares for Fred Tomczyk to become CEO next month.Ameritrade had announced i...

Gold prices fall for 4th day on stronger dollar, Stevenson Jacobs

Gold prices extended their losses for a fourth session Thursday as the dollar pushed higher against the euro, prompting traders to pull money out of precious metals and oth...

Comcast appeals FCC Web traffic-blocking decision, John Dunbar

Comcast Corp. is appealing an FCC ruling that the company is improperly blocking customers' Web traffic, triggering a legal battle that could determine the extent of the go...

Wal-Mart, Toll Brothers, Tyson Foods big movers

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange:NYSEWal-Mart Stores Inc., down a penny at $59.78The world's l...

Oil prices close at 5-month low on US gas report, Stevenson Jacobs

Oil prices closed at their lowest level in five months Thursday as a lower-than-expected drop in U.S. gasoline supplies gave traders more reason to believe that a cooling e...

Banks borrow more from Fed; Wall Street takes pass, Jeannine Aversa

Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the fifth week in a row.A Fed re...

Agriculture futures end trading mixed on CBOT

Agriculture futures traded mixed Thursday on the Chicago Board of Trade.Wheat for December delivery rose 2.25 cents to $7.77 a bushel; December corn rose 2.25 cents ...

Oil operations resume, storms on the horizon, John Porretto

Even as thousands of workers returned to their posts in the oil-rich Gulf of Mexico after Hurricane Gustav's mild blow, other storms traveling across the Atlantic Ocean ser...

Jobless claims jump is bad omen for economy, Christopher S. Rugaber

Jobless claims rose unexpectedly last week, the government said Thursday, while companies responded to the slowing economy by producing more with fewer workers.It wa...

Ethanol: energy's golden child dodges more darts, Dirk Lammers

Ethanol's wild ride has brought it quickly from political golden child to scapegoat for everything from soaring food prices and world hunger to pork-barrel spending....

Study: Rate of decline in house prices slows

Prices of single-family homes fell in the second quarter, but at a slower rate than in the previous three-month period, an economic analysis company said Thursday.Th...

Slow August sales signal more weakness in retail, Anne D'innocenzio

When it came to buying their children new jeans and trendy tops, parents held the line: They focused on basics at discounters and waited for the best deals, resulting in we...

A spotlight on August same-store sales figures

WHAT HAPPENED: The nation's retailers, particularly mall-based apparel chains, reported sluggish sales for August as consumers focused on buying basics and delayed making p...

Oil operations resume, but storms on the horizon, John Porretto

Even as thousands of workers returned to their posts in the oil-rich Gulf of Mexico after Hurricane Gustav's mild blow, other storms traveling across the Atlantic Ocean ser...

Summary Box: Jobless claims jump, productivity up

JOBLESS CLAIMS JUMP: The number of people filing new claims for unemployment benefits rose 15,000 to 444,000 last week. Economists expected that number to drop.PRODU...

Sinking Yahoo: Shares drop to nearly 5-year low, Michael Liedtke

Yahoo Inc.'s stock sank to its lowest level in nearly five years Thursday, magnifying the challenge facing the Internet company as its management tries to justify their reb...

Ciena stock plunges on lackluster outlook

Ciena Corp.'s market value crumbled by nearly 25 percent Thursday after the telecommunications and network equipment maker forecast a lackluster finish to its fiscal year.<...

Stocks plummet after retail, unemployment data, Madlen Read

Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad...

Oil's climb forced companies to become leaner, Ellen Simon

Conventional wisdom had long held that some industries would collapse if oil topped $100 a barrel. As oil neared $150, sending costs higher for everything from jet fuel to ...

New eBay site has social, environmental aim, Rachel Metz

Most consumers probably associate eBay Inc. more with vintage lunch boxes and low-priced electronics than with laptop bags made from recycled plastic by women in New Delhi....

Internet traffic grows 53 percent from mid-2007, Peter Svensson

International Internet traffic kept growing in the last year, but at a slower rate than before, and carriers more than kept pace by adding more capacity, a research firm sa...

Dollar mostly higher, gold rises in Europe

The U.S. dollar was mostly higher against most other major currencies in European trading Thursday. Gold rose.The euro traded at $1.4362, down from $1.4493 late Wedn...

30-year mortgages dip slightly to 6.35 percent, Martin Crutsinger

Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July.Freddie Mac, the mortgage company, reported Thursday that 30-y...

European, British central banks hold rates steady, George Frey And Jane Wardell

The European Central Bank and the Bank of England left their key interest rates unchanged Thursday, reluctant to move them lower as rising prices offset the fear of weaker ...

Relief in New Orleans; punishment in Baton Rouge, Mark Williams

The path of Hurricane Gustav offered New Orleans a reprieve, but 80 miles away where utilities say the devastation was the worst they have ever seen, the storm offered noth...

MillerCoors faces legal battle in Ohio

MillerCoors LLC is facing a court fight in Ohio over its attempt to trim costs by cutting beer distributorships.Beverage Distributors Inc. of Cleveland and AFP Distr...

Treasury prices rise as investors flee stocks, Madlen Read

Treasury prices rose moderately Thursday, as a plummeting stock market sent investors back into safer, fixed-income government securities.A Labor Department report s...

Oil down on lower-than-expected US gas supplies, Stevenson Jacobs

Oil prices closed at their lowest level in five months Thursday as a lower-than-expected drop in U.S. gasoline supplies gave traders more reason to believe that a cooling e...

Oil down after US gasoline supplies report, Stevenson Jacobs

Oil prices are falling after the government reported a smaller-than-expected drop in U.S. gasoline supplies.The Energy Information Administration said Thursday that ...

UK report says ice caused hard landing at Heathrow, Robert Barr

Ice in fuel lines probably caused a British Airways jet to lose power and make a jarring emergency landing in London in January, investigators said Thursday.Nineteen...

Stocks plunge after retail, unemployment data, Joe Bel Bruno

Wall Street tumbled Thursday, sending the Dow Jones industrials down more than 300 points on more disappointing economic news: Sluggish back-to-school sales and a jump in u...

Agriculture futures trade mostly lower on CBOT

Most agriculture futures traded mostly lower Thursday on the Chicago Board of Trade.Wheat for December delivery rose 5.75 cents to $7.805 a bushel; December corn fel...

Oil prices near $109 ahead of US inventory data, Stevenson Jacobs

Oil prices hovered near $109 a barrel Thursday ahead of a report on U.S. crude supplies that could show whether an economic slowdown is still curbing fuel usage in the worl...

Stocks retreat after retail, unemployment data, Joe Bel Bruno

Wall Street fell sharply Thursday on more disappointing economic news — retailers posted sluggish back-to-school sales reports and the government said the number of worke...

Stocks lower after service sector data, Joe Bel Bruno

Wall Street is showing little reaction to a report that the nation's service sector was slightly stronger than expected last month.The Institute for Supply Managemen...

Services grow on increasing orders, less inflation

The U.S. service sector grew unexpectedly in August for the first time in three months as new orders improved and inflation moderated, a private trade group said Thursday.<...

Stocks decline after retail, unemployment data, Joe Bel Bruno

Wall Street fell sharply in early trading Thursday after retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unempl...

Stocks open lower after retail, unemployment data, Joe Bel Bruno

Wall Street is down sharply in early trading after retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unemployment...

Oil prices steady ahead of US inventory data, Pablo Gorondi

Oil prices were little changed at just above $109 a barrel Thursday as investors waited for a weekly U.S. crude inventory report to see if slowing economic growth has cut d...

Jobless claims jump, productivity soars, Christopher S. Rugaber

The number of newly laid off workers seeking unemployment benefits jumped unexpectedly last week, the government said Thursday, reversing three weeks of declines.The...

Sony recalls laptops for possible overheating

Sony Corp. is recalling 440,000 Vaio laptop computers worldwide because of a wiring flaw that could cause overheating.Sony said Thursday the recall involves 19 model...

Target August same-store sales beat expectations

Discount retailer Target Corp. said Thursday that August same-store sales fell 2.1 percent as consumers shopped cautiously, mainly for essentials like food.The disco...

Jobless claims jumped unexpectedly last week, Christopher S. Rugaber

The number of newly-laid off workers seeking unemployment benefits jumped unexpectedly last week, the government said Thursday, reversing three weeks of declines.The...

Productivity up strongly while labor costs dip, Martin Crutsinger

Americans' productivity soared in the spring while labor costs declined, two welcome outcomes that should relieve concerns that inflation is getting out of hand.The ...

US stocks head to lower open as oil advances, Joe Bel Bruno

Wall Street headed for a lower open Thursday after a government report showed that unemployment spiked unexpectedly last week and oil prices advanced for the first time thi...

ECB, Bank of England keep interest rates unchanged

The European Central Bank and the Bank of England each kept their benchmark interest rates unchanged Thursday in the face of mounting inflation fears and slowing economic g...

Toll Brothers posts 3Q loss as revenue falls

Toll Brothers Inc. said Thursday it swung to a loss in its fiscal third quarter as weak demand for new homes forced the luxury builder to mark down the value of its land an...

Many retailers report sluggish August sales, Anne D'innocenzio

Many of the nation's retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials...

Sony recalls Vaio laptops for possible overheating

Sony says it is recalling 440,000 units of Vaio laptop computers worldwide due to faulty parts that could trigger overheating.Sony Corp. said Thursday that the recal...

Retailers report sluggish August sales

Many of the nation's retailers are reporting a sluggish start to the back-to-school season as shoppers focused on buying essentials in August amid persistent worries about ...

BofE holds rates steady, ECB expected to do same, George Frey

The Bank of England left its benchmark interest unchanged on Thursday, a move that analysts expected the European Central Bank would echo as both face mounting inflation an...

Study: Workers to pay more for health care, Candice Choi

Get ready for another hike in copays and deductibles. A survey being released Thursday by the Mercer consulting firm found 59 percent of companies intend to keep down risin...

BoE holds rates steady

The Bank of England has kept official interest rates unchanged at 5 percent at its monthly rate-setting meeting despite a looming domestic recession.The central bank...

US stocks head to lower as oil advances, Joe Bel Bruno

Wall Street headed for a lower open Thursday with higher oil prices, the release of August retail sales reports and pending economic data keeping investors on the sidelines...

DOJ: Ex-KBR chief pleads guilty to bribery charges, Marcy Gordon

A former chief executive of construction firm KBR Inc. has pleaded guilty to federal bribery charges in connection with the company's natural gas operations in Nigeria from...

Oil edges higher ahead of US inventory report, Pablo Gorondi

Oil prices edged up to almost $110 a barrel Thursday as the dollar weakened slightly and investors waited for a weekly U.S. crude inventory report for evidence that slowing...

Oil edges up ahead of US inventory report, Pablo Gorondi

Oil prices edged up to almost $110 a barrel Thursday as the dollar weakened slightly and investors waited for a weekly U.S. crude inventory report for evidence that slowing...

Boeing pact extended despite strike vote, Tim Klass

A last-minute move to avert a potentially bruising strike that could cost more than 27,000 workers weeks of pay would usually be met with unalloyed relief.Not with t...

Unilever: Nestle executive to take CEO job

Shares in Unilever jumped sharply Thursday after the maker of Dove soaps, Axe deodorants and Ben & Jerry's ice cream announced it had hired a popular executive from its...

Bank of England to announce rate decision, Jane Wardell

The Bank of England is expected to keep interest rates steady at 5 percent despite a looming recession when it announces its monthly decision later Thursday.The cent...

Facebook to test New Jersey's Web safety icon, Angela Delli Santi

The popular social networking Web site Facebook has agreed to test replacing its own link for reporting abuse with a bigger one developed by the New Jersey Attorney General...

AP Executive Morning Briefing

The top business news from The Associated Press for the morning of Thursday, Sept. 4, 2008:Boeing workers back strike; pact extended 2 daysSEATTLE (AP) — Bo...

Investors reach compromise at TNK-BP

BP PLC and its billionaire Russian partners in the joint venture TNK-BP have agreed on a deal that forces out its embattled CEO and signals an end to a bitter struggle for ...

Boeing to advise on Mitsubishi Regional Jet, Yuri Kageyama

Boeing Co. will serve as consultant to Mitsubishi Heavy Industries for its mid-sized regional jet — the first "made in Japan" passenger aircraft in three decades, the Jap...

Report: Investors near compromise at TNK-BP

BP PLC is close to reaching a deal with its billionaire Russian partners in the TNK-BP, signaling an end to a bitter struggle for control at the Russian-British joint ventu...

London Taxi's famed black cabs made in China, Elaine Kurtenbach

London Taxis are as British as bowler hats and Big Ben. But the latest models coming off this new assembly line are unlikely to ever touch an English road.At a spraw...

Montana loses disease-free status for cattle, Matthew Brown

Montana has lost its federal disease-free status for brucellosis, triggering mandatory testing of cattle being shipped out of state.Brucellosis, which can cause fema...

Review: Google Chrome lacks polish under the hood, Peter Svensson

Google Inc.'s new Web browser, called Chrome, does much of what a browser needs to do these days: It presents a sleek appearance, groups pages into easy-to-manage "tabs" an...

Letting staffers telecommute requires management, Joyce M. Rosenberg

With gasoline prices expected to remain uncomfortably high, many small businesses are letting some of their staffers work at home. And some owners are discovering that allo...

New home door locks can be controlled online, Catherine Tsai

What if locking the front door of your home while you're away were as easy as hopping on the Internet?At the CEDIA Expo in Denver this week, Ingersoll-Rand Co.'s Sch...

Cablevision completes first phase of WiFi buildout, Deborah Yao

Cablevision Systems Corp. said Thursday it has finished the first phase of its wireless network buildout in New York and remains on track to complete the project in two yea...

Argentina's Senate approves airline takeover, Rachel Jones

Argentina's Senate approved the nationalization of Aerolineas Argentinas and its subsidiary on Wednesday, moving to return the financially troubled Spanish-owned airlines t...

Lehman rises on reports of capital injections

Shares of Lehman Brothers Holdings Inc. rose Wednesday as investors weighed reports that the embattled investment bank might find a fresh source of capital.The Chosu...

ECB, BoE expected to leave interest rates steady, George Frey

The European Central Bank and Bank of England will likely leave interest rates unchanged on Thursday as they face mounting inflation and slowing growth.The ECB in Ju...

Remnants of Gustav slow attempts to restore power, Mark Williams

Torrential rains and the threat of tornadoes in the wake of Hurricane Gustav slowed attempts to rebuild Louisiana's broken transmission and distribution systems even as hun...

Oil steady in Asia ahead of US inventory report, Alex Kennedy

Oil prices were steady Thursday in Asia above $109 a barrel as investors waited for a weekly U.S. crude inventory report for evidence that slowing economic growth has cut d...

Boeing workers back strike; pact extended 2 days

Boeing Co. aircraft assembly workers voted overwhelmingly to strike for the second time in three years but union leaders agreed to hold off on the walkout for 48 hours at t...

Turn White House green? Consider the Palin factor, Deborah Zabarenko, Environment Correspondent

WASHINGTON (Reuters) - Who's best equipped to turnthe White House green -- John McCain or Barack Obama? Both have made energy security and environmentalstewardship ...

WRAPUP 12-McCain accepts party's nomination, promises jobs

* McCain says "change is coming" if elected * Pledges to create millions of jobs from energy boom * Says he will work with Democrats, Independents * O...

WRAPUP 11-McCain accepts party's nomination, promises jobs

* McCain says "change is coming" if elected * Pledges to create millions of jobs from energy boom * Says would work with Democrats, IndependentsWRAPUP 10-McCain says "change is coming" to America

* McCain says "change is coming" if elected * Pledges to create millions of jobs from energy boom * Says would work with Democrats, IndependentsFACTBOX-Quotes from the U.S. Republican convention

(Reuters) - Quotes from the fourth day of the U.S.Republican convention in St. Paul, Minnesota: "Finally, a word to Senator (Barack) Obama and hissupporters. We'll...

ANALYSIS-UPDATE 1-Palin is Republican star, Obama the target, John Whitesides, Political Correspondent

ST. PAUL (Reuters) - Sarah Palin was the biggeststar at John McCain's Republican convention. Democraticpresidential rival Barack Obama was the biggest target. Palin...

ANALYSIS-Palin is the star, Obama is the focus, John Whitesides, Political Correspondent

ST. PAUL (Reuters) - Sarah Palin was the biggeststar at John McCain's Republican convention. Democraticpresidential rival Barack Obama was the biggest target. Palin...

WRAPUP 9-McCain says "change is coming" to America

* McCain says "change is coming" if elected * Palin draws 37 million TV audience * Obama hits back at Republican critics By Steve HollandWRAPUP 8-McCain takes stage at Republican convention

* McCain says "change is coming" if elected * Palin draws 37 million TV audience * Obama hits back at Republican critics By Steve HollandWRAPUP 7-McCain takes stage at Republican convention

* McCain says "change is coming" if elected * Reclaim maverick image * Palin hits Obama By Steve Holland ST. PAUL (Reuters) - Republican...

British Airways crash likely caused by ice in fuel

LONDON (Reuters) - A British Airways planecrash at London's Heathrow airport in January was likely caused byice in the jet's fuel system, a report into the incident saidTh...

ANALYSIS-For McCain team, energy cures many ills, Emily Kaiser

ST. PAUL (Reuters) - The McCain presidentialcampaign appears to have one main answer to questions about howit will address a faltering U.S. economy, foreign policy issuesa...

US STOCKS-Global growth, U.S. job fears hammer Wall Street

* Data fuels jitters about U.S. labor market, economy * Construction equipment maker Terex cuts profit forecast * Worst day for major indexes since June 26WRAPUP 6-McCain takes stage at Republican convention

* McCain to accept nomination in speech to convention * VP candidate speech seen by 37 million Americans * Obama shoots back at Palin for her criticismGLOBAL MARKETS-Stocks plunge on economic fears, dollar rallies

* Global stocks tumble amid persistent economic worries * U.S. dollar firms against euro after ECB chief's remarks * Oil dips more than $2 a barrel on U.S. f...

WRAPUP 3-Discounters still bright spot for weak US retail

* Wal-Mart August same-store sales better than expected * Luxury sector shows signs of weakness * Wal-Mart shares up but retail stocks slump overall (...

US STOCKS-Global growth, U.S. job market fears slam Wall St

NEW YORK (Reuters) - Wall Street had its worst dayin more than two months Thursday, as more signs of weaknessin the U.S. labor market and increasingly sluggish growthovers...

Toll Brothers "scared" about NYC condo market

NEW YORK (Reuters) - Toll Brothers Inc saidThursday the condo market in New York City is not as strongas it was, and the company is "scared" about the market'sfuture amid ...

Oil falls on soft U.S. fuel demand, shrugs Gustav

* Oil falls as U.S. data shows soft demand * U.S. refineries, oil production still hobbled by Gustav (Recasts, updates prices, market activity to settlements, newby...

US STOCKS-Wall St tumbles on labor market, global growth fears

* Data fuels jitters about labor market * Construction equipment maker Terex cuts profit forecast * Fourth day of losses for Nasdaq and S&P 500 * ...

US STOCKS-Wall St extends losses, Nasdaq falls 3 pct

NEW YORK (Reuters) - U.S. stocks plummeted onThursday, with the Nasdaq slumping more than 3 percent, asinvestors grew anxious over more signs of weakness in the U.S.labor ...

WRAPUP 5-McCain takes stage at Republican convention

* McCain to take center stage to accept nomination * VP candidate fires up Republican party base * McCain defends Palin, faces own challenge By...

Oil falls on a drop in U.S. fuel demand

* Oil falls as U.S. data show a drop in demand * U.S. refineries shut by power outage after Gustav * Hurricane Ike strengthens to Category 4 (Update prices)<...

WRAPUP 2-Discounters still bright spot for weak US retail

* Wal-Mart same-store sales better than expected * Luxury sector shows signs of weakness * Wal-Mart shares up but retail stocks slump overall (Adds st...

GLOBAL MARKETS-Global stocks sink on growth concerns, oil falls

* Global stocks tumble amid persistent economic worries * U.S. dollar firms against euro after ECB chief's remarks * Oil dips more than $2 a barrel on U.S. f...

US STOCKS-Wall St sinks on labor market, global growth fears

* Reports fuel jitters about labor market * Boeing shares drop after strike vote * Fourth day of losses for Nasdaq and S&P 500 * Dow off 2.1 pct, ...

More saving than splurging in lean back-to-school, Lisa Baertlein And Alexandria Sage

LOS ANGELES/SAN FRANCISCO (Reuters) - Thisback-to-school season, high school student Tony Lopez issticking to basics like jeans and shirts so he has enough moneyto buy his...

US STOCKS-Wall St falls 2 pct on labor, economic gloom

NEW YORK (Reuters) - U.S. stocks slid Thursday,pushing major indexes down 2 percent, as economic reportspointing to a worsening labor market sparked concern about theoutlo...

US STOCKS-Wall St sinks on labor market jitters, economy

* Dow off 2 pct, S&P 500 off 1.7 pct, Nasdaq off 1.8 pct * Reports fuel jitters about labor market * Boeing shares drop after strike vote * Solid ...

US STOCKS-Dow falls 2 pct as job worries weigh on market

NEW YORK (Reuters) - U.S. stocks pushed furtherinto the red Thursday, led by a more than 2 percent slide inthe Dow industrials as concerns about a sluggish labor marketmad...

US STOCKS-U.S. stocks remain lower after ISM data, Ellis Mnyandu

NEW YORK (Reuters) - U.S. stocks stayed in the redThursday as concerns about a sluggish labor marketovershadowed a report that showed the vast U.S. service sectorexpanded ...

WRAPUP 4-Palin mocks Obama, McCain to address Republicans

* Palin attacks Obama, fellow Democrats in debut * VP candidate fires up Republican party base * McCain defends Palin, faces own challenge Thursday night...

US STOCKS-Wall St opens down on job woes, economy

NEW YORK (Reuters) - U.S. stocks fell at the openThursday as weak U.S. labor market data sparked concernabout the profit outlook and sent the Dow industrials down 1percent...

US STOCKS-Job woes, economy set stage for weak open

* Reports fuel jitters about labor market * Boeing shares drop after strike vote * Solid sales report from Wal-Mart overshadowed * Services, oil data ...

WRAPUP 1-Wal-Mart leads better sales for US discount retailers

* Wal-Mart same-store sales better than expected * Luxury sector shows signs of weakness * Wal-Mart shares up in pre-market trading By Karen Ja...

US STOCKS-Jobless claims push futures further down

NEW YORK (Reuters) - U.S. stock index futures fellfurther Thursday after a government report showing anunexpected jump in the number of people filing for joblessbenefits a...

GLOBAL MARKETS-Global stocks at 2-year low, ECB, BoE on hold, Jeremy Gaunt, European Investment Correspondent

LONDON, Sept 4 (Reuters) - Global equities hit a newtwo-year low on Thursday as central banks in Britain and theeuro zone kept interest rates on hold and a U.S. report poi...

WRAPUP 3-Palin mocks Obama, readies Republicans for McCain

* Palin attacks Obama, fellow Democrats in debut * VP candidate fires up Republican party base * McCain faces own challenge Thursday night By S...

US STOCKS-Futures add to losses after ADP job report

NEW YORK (Reuters) - U.S. stock index futures addedlosses Thursday as a weaker-than-expected reading on U.S.private-sector employment by ADP Employer Services pointed tofu...

US STOCKS-Futures slip before data; Wal-Mart gains

* Wal-Mart posts solid Aug same-store sales * ADP jobs data, unemployment claims, services on tap * Oil bounces higher as U.S. dollar weakens B...

U.S. must increase nuclear power-Energy Minister

LONDON, Sept 4 (Reuters) - The United States needs to startgenerating more of its power from nuclear energy, but will stillhave to rely on coal and oil for the foreseeable...

China coal mine blast kills 24 - Xinhua

BEIJING, Sept 4 (Reuters) - Twenty-four people were killedand six injured in a gas explosion at a coal mine in China'snortheast province of Liaoning early on Thursday, Xin...

WRAPUP 2-Palin mocks Obama, readies Republicans for McCain

* Palin attacks Obama, fellow Democrats in debut * VP candidate fires up Republican party base * McCain faces own challenge Thursday night By S...

GLOBAL MARKETS-Rate decisions ahead, stocks stable, dollar slips

* Markets focus on ECB, BoE interest rate decisions * Global equities steady after hitting two-year low * Dollar firms but sterling hits 12-year trade-weight...

Dubai helicopter crash kills 7, shuts oilfield

DUBAI, Sept 4 (Reuters) - A helicopter crashed into an oilrig off the coast of Dubai on Wednesday killing all seven peopleon board and forcing the closure of the Rashid oi...

Seven killed in Dubai helicopter crash

DUBAI, Sept 4 (Reuters) - A helicopter crashed off the coastof Dubai on Wednesday killing all seven people on board, thecivil aviation authority said on Thursday. I...

China coal mine blast kills 23 - Xinhua

BEIJING, Sept 4 (Reuters) - Twenty-three people were killedon Thursday in a gas explosion at a coal mine in Fuxin in China'snortheast province of Liaoning, Xinhua news age...

WRAPUP 1-Palin energizes Republicans, now McCain's turn, Steve Holland

ST. PAUL (Reuters) - U.S. Republican presidential nominee John McCain has a new attack dog. Her name is SarahPalin, and she bites hard. Palin's mocking critique of...