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Taxpayers to face initial loss on GM IPO: sources (Reuters)

FILE - In this June 13, 2010 file photo, Tim Allen arrives at the world premiere of 'Toy Story 3,' at The El Capitan Theater in Los Angeles. General Motors Co. said Friday, Sept. 3, 2010, Tim Allen will be a spokesman for the brand and will star in a series of TV ads for the 2011 Chevrolet Cruze that begin airing on Tuesday. (AP Photo/Katy Winn, file)Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.


Waning Earl still causing havoc for holiday travel (AP)

North Carolina Highway Patrol troopers Matthew Bunn, right, and Leonard Crumpler, left, stop cars from traveling onto the bridge leading to Atlantic Beach, N.C., as Hurricane Earl heads toward the eastern coast Thursday, Sept. 2, 2010. (AP Photo/Chuck Burton)AP - Hurricane Earl played havoc with travelers' Labor Day weekend plans even as it weakened Friday on its path up the East Coast toward New England.


Ariz. governor says she was wrong about beheadings (AP)

Republican Arizona Gov. Jan Brewer  waits for a televised Arizona gubernatorial debate to begin Wednesday, Sept. 1, 2010 in Phoenix. (AP Photo/Matt York)AP - Gov. Jan Brewer rose to national fame defending the state's immigration law and warning of rising violence along the U.S.-Mexico border, including a claim that headless bodies turning up in the Arizona desert.


2010 Colorado Senate race: incumbent Democrat Michael Bennet vs. Tea Party-backed Ken Buck (The Newsroom)

The Newsroom - In its Aug. 10 primary, Colorado set up one of the most intriguing U.S. Senate match-ups in the country, which could be a bellwether race for the national midterms. Sen. Michael Bennet must face the curse of Obama-backed incumbents -- despite running his first election campaign -- against Tea Party-backed Republican Ken Buck, who had suddenly risen to the nomination over the early GOP favorite, former state Lt. Gov. Jane Norton.

Earl sideswipes NC, takes aim at New England (AP)

A Coast Guard vessel is seen off the coast of Atlantic City, N.J., as Hurricane Earl moves up the eastern coast, Friday, Sept. 3, 2010.  (AP Photo/Matt Rourke)AP - A weakening but still dangerous Hurricane Earl steamed toward the gray-shingled cottages and fishing villages of Cape Cod on Friday, disrupting people's vacations on the unofficial final weekend of the short New England summer.


Obama to address new economic ideas next Wednesday (Reuters)

President Barack Obama delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.


Obama to address new economic ideas next Wednesday (Reuters)

President Barack Obama delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.


Relief for Capello as England cruise past Bulgaria (AFP)

England's Jermain Defoe (R) shoots past Bulgaria's Ivan Ivanov (L) to score his hat-trick during the Euro 2012 qualifying football match at Wembley Stadium in London. England handed under-fire manager Fabio Capello some badly needed breathing space here Friday as a Defoe hat-trick saw them romp to a 4-0 victory over Bulgaria in their opening Euro 2012 qualifier.(AFP/Adrian Dennis)AFP - England handed under-fire manager Fabio Capello some badly needed breathing space here Friday as a Jermain Defoe hat-trick saw them romp to a 4-0 victory over Bulgaria in their opening Euro 2012 qualifier.


Bomb kills 54 in Pakistan, Taliban threatens U.S. (Reuters)

A man carries an injured man on his back to a civil hospital for treatment after a suicide attack during a Shi'ite procession in Quetta September 3, 2010. REUTERS/StringerReuters - A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 54 people in the second major attack this week and piling pressure on a U.S.-backed government overwhelmed by a flood crisis.


Critics: Ill. lottery contract cloaked in secrecy (AP)

FILE - In this Oct. 28, 2009 file photo, Illinois Gov. Pat Quinn shows off the Veteran's Cash scratch-off lottery ticket, the Stars & Stripes, in Springfield, Ill. Two weeks before Gov. Pat Quinn is set to award one of Illinois' most lucrative contracts ever — private management of the state's $2 billion-a-year lottery — some are criticizing the process as secretive and complaining that it was structured to favor one bidder. (AP Photo/Seth Perlman, File)AP - With less than two weeks before Illinois Gov. Pat Quinn awards a lucrative, first-of-its-kind contract for the private management of the state's $2 billion-a-year lottery, some are criticizing the selection process as too secretive and questioning whether it favors one powerful bidder.


Despite hiring, US unemployment rate seems frozen (AP)

In this Aug. 25, 2010 photograph, job seekers including Lindsey Wright, of Detroit, center, attend a job fair in Southfield, Mich. On Friday, Sept. 3, 2010, at 8:30 a.m. EDT, the Labor Department issues the August unemployment report. (AP Photo/Paul Sancya)AP - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.


Official: Honduran helped massacre survivor flee (AP)

Unidentified people sit next to the coffin containing the body of Miguel Angel Carcamo during his funeral at his home in the town of El Guante Cedros, Honduras, Thursday Sept. 2, 2010.  Carcamo was one of the 72 migrants who were killed, allegedly by the Zetas drug gang, in August in northern Mexico while trying to reach the U.S. border. (AP Photo/Fernando Antonio)AP - A Honduran who survived the massacre of 72 migrants in Mexico helped untie the only other survivor — a wounded Ecuadorean — and the two fled together, an official said Friday.


LA sheriff says almost all pot clinics criminal (AP)

AP - The Los Angeles County sheriff has escalated his war of words against California medical marijuana dispensaries, saying as many as 97 percent operate as criminal enterprises.

Powerful 7.1 quake hits New Zealand's South Island (AP)

A police officer is seen on a street blocked by rubble from a damaged building following a 7.4-magnitude earthquake in central Christchurch, New Zealand, early Saturday, Sept. 4, 2010. A powerful 7.4-magnitude earthquake struck much of New Zealand's South Island early Saturday. No tsunami alert was issued and there were no reports of injuries, but looters broke into some damaged shops in Christchurch, police said. (AP Photo/NZPA, David Alexander) ** NEW ZEALAND OUT **AP - A powerful 7.1-magnitude earthquake struck much of New Zealand's South Island early Saturday and caused widespread damage, but there were just two reports of serious injuries. Looters broke into some damaged shops in Christchurch, police said.


Interior chief Salazar voices doubt on Arctic drilling (Reuters)

Reuters - Interior Secretary Ken Salazar said on Friday he cannot predict whether Royal Dutch Shell, which has invested $3.5 billion in an offshore Arctic oil-development program, will be allowed to drill the five wells it plans next year in Alaska's Chukchi and Beaufort Seas.

'Birth tourism' a tiny portion of immigrant babies (AP)

AP - When Ruth Garcia's twins are born in two months, they'll have all the rights of U.S. citizens. They and their six brothers and sisters will be able to vote, apply for federal student loans and even run for president.

Colo. gubernatorial candidate refuses to back down (AP)

Repbublican gubernatorial candidate Dan Maes, left, listens to his democratic opponent Denver Mayor John Hickenlooper, right,  during a debate at a television station in Denver, on Thursday, Sept. 2, 2010. Dan Maes rejected calls Thursday that he leave the race after key backers pulled their support for him and others expressed skepticism about his murky past in law enforcement. (AP Photo/Ed Andrieski)AP - Dan Maes likes to brag about taking down the political machine in becoming Colorado's Republican gubernatorial nominee. The way he's going, it may be the only victory in a short-lived political career.


Authorities: Fire at Tenn. mosque site was arson (AP)

FILE - This July 14, 2010 file photo shows protester Greg Johnson, right, and counter protesters Ina Marshall and Tim Foster, left, arguing during a demonstration against a planned mosque and Islamic community center in front of the Rutherford County Courthouse in Murfreesboro, Tenn. Mosques around the country are facing resistance similar to the opposition against a proposed Islamic center near ground zero in New York, but the anger and fear is a little sharper. (AP Photo/Christopher Berkey, file)AP - Federal investigators have decided a suspicious fire that damaged construction equipment at the site of a future mosque in Tennessee was arson.


Court reinstates markup law for Wisconsin gasoline (AP)

AP - A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could save some jobs but increase the cost of gas.

Ground beef outbreak puts focus on meat oversight (AP)

In this Aug. 31, 2010 photo from the United States Department of Agriculture, Elisabeth Hagen, the new undersecretary of food safety speaks to Food Safety Inspection Service employees at the 2010 FSIS Diversity Training Conference in Arlington, Va. The first outbreak linked to a rare strain of E. coli in ground beef is prompting a fresh look at tougher regulations to protect the nation's meat supply. Hagen, has signaled interest in expanding federal oversight of meat beyond the most prevalent strain of E. coli. Meat plants already must test for that strain. Cargill recalled about 8,500 pounds of ground beef on Saturday Aug. 28, 2010 and regulators warned consumers to throw out frozen meat purchased at BJ's Wholesale Clubs in eight eastern states. (AP Photo/USDA, Bob Nichols)AP - The first known U.S. outbreak linked to a rare strain of E. coli in ground beef is prompting a fresh look at tougher regulations to protect the nation's meat supply.


Families calling for justice for soldiers, Marines (AP)

In this Thursday, Sept. 2, 2010 photo,Vicki Behenna poses for a photo while holding a photograph of her son, Michael Behenna, in Oklahoma City. Families of a group of soldiers and Marines convicted of killing Iraqi civilians during the war are hoping other Americans see the injustice in their sons' sentences.(AP Photo/Sue Ogrocki)AP - As major U.S. combat operations in Iraq end, some families of soldiers and Marines convicted of crimes during battle hope the nation doesn't forget their sons.


Hillary Clinton's Role in Israeli-Palestinian Peace Talks (Time.com)

Time.com - After a notable absence, the Secretary of State has been a very visible presence at the current negotiations. Will it pay off?

Thailand's Opposition Red Shirts Balk at New Army Chief (Time.com)

Time.com - Thailand's opposition movement expressed fears Friday over the appointment of General Prayuth Chan-ocha as the new commander of the Royal Thai Army

Dems have few options on economy (Politico)

Politico - Democrats desperate for quick policy action to boost the economy face an excruciating dilemma.

Prof in '03 plague scare sets off airport shutdown (AP)

Passengers head out of the terminal at Miami International Airport in Miami, early Friday morning, Sept. 3, 2010. A spokesman for Miami International Airport says four of its six concourses have been evacuated as a police bomb squad investigates a report of a suspicious item. Several flights were diverted to other parts of the terminal.(AP Photo/Alan Diaz)AP - The suspicions airport security officials had when they saw the metal canister grew when they learned about the man who brought it in from the Middle East: a scientist who sparked a bioterrorism scare after he reported missing vials of plague samples seven years ago.


Ohio voters to Boehner: Step away from the self-tanner (The Upshot)

The Upshot - Finally, there's one thing Democrats and Republicans can agree on in this highly polarized, hotly contested election year: John Boehner is simply way too tan. In a survey that threatens to send a chill down Florida Gov. Charlie Crist's own perpetually tan spine, Public Policy Polling finds that a majority of voters in Boehner's home [...]

Payrolls data offer ray of hope for recovery (Reuters)

People wait in line to enter the City University of New York (CUNY) Big Apple job fair in New York, April 23, 2010. REUTERS/Shannon StapletonReuters - Employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.


China tells state companies to explore Potash bid (Reuters)

PotashCorp mill general superintendent Trevor Berg holds a handful of chicklet potash at a potash holding centre at the Cory mine facilities near Saskatoon, August 19, 2010. REUTERS/David StobbeReuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.


UPS cargo plane crashes near Dubai airport (AP)

Smoke rises from the site of a cargo plane crash in Dubai, United Arab Emirates, Friday Sept. 3, 2010. Officials say a UPS cargo plane with two crew members on board has crashed shortly after takeoff outside Dubai. There was no immediate word on casualties. (AP Photo/Kamran Jebreili)AP - A UPS cargo plane with two crew members on board crashed shortly after takeoff Friday outside Dubai, officials said.


Settlers defy Netanyahu with vow to begin construction (McClatchy Newspapers)

McClatchy Newspapers - JERUSALEM — Jewish settlers across the West Bank have vowed to begin construction in more than 60 locations, posing a direct challenge to Israeli Prime Minister Benjamin Netanyahu as he returned home from Thursday's first round of direct peace talks in Washington.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


BP: Failed blowout preventer removed from well (AP)

Vessels work at the site of the Deepwater Horizon accident off the shore of Louisiana in August 2010. British oil giant BP revealed Friday it has so far spent eight billion dollars to battle the Gulf of Mexico disaster, as its crews worked to retrieve key evidence from the seabed.(AFP/Getty Images/File/Win Mcnamee)AP - BP PLC said the blowout preventer that failed to stop oil from spewing into the Gulf of Mexico was removed from the company's well on Friday afternoon.


Campbell reports Q4 profit rise on better margins (AP)

In this June 19, 2010 photograph, people walk along inside the new building at the Campbell Soup Co. headquarters, in Camden, N.J.  The Campbell Soup Co. said Friday, Sept. 3, 2010, it made a profit of $113, or 33 cents per share during the fourth fiscal quarter, when the temperature rises and its soup sales traditionally drop.  (AP Photo/Mel Evans)AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.


Posters for Egypt's spy chief as president removed (AP)

An  Egyptian girl walks past  posters showing and supporting Egypt's intelligence chief Omar Suleiman, in the Giza area of Cairo, Egypt, Thursday, Sept. 2, 2010. A group of activists have hung up posters around Egypt's capital supporting the country's intelligence chief as a possible candidate in next year's presidential elections. Writing in Arabic on posters showing Omar Suleiman reads 'The real alternative: Omar Suleiman, President for the Republic', . (AP Photo/Amr Nabil)AP - Posters supporting Egypt's intelligence chief as a candidate in next year's presidential election were removed from Cairo's streets hours after they appeared, while an independent newspaper was ordered to pull reports of the campaign from its pages, officials said Friday.


Stocks rally as jobs data spurs optimism (Reuters)

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.


McCourt delves into marriage at divorce trial (AP)

Jamie McCourt leaves court during a lunch break Thursday Sept. 2, 2010 in Los Angeles. Frank McCourt testified at his divorce trial, his estranged wife, Jamie McCourt, wanted no part in the risk associated with buying the Los Angeles Dodgers six years ago. (AP Photo/Nick Ut)AP - Dodgers owner Frank McCourt described himself Friday as a devoted husband who tried to comply with his wife's exorbitant wishes but stopped when she sought $250 million for her personal use.


Mobs attack home of Iranian opposition leader (AP)

** CORRECTS DATE OF ATTACK ** FILE - In this June 9, 2009 file photo, Iranian opposition leader Mahdi Karroubi attends a press conference in Tehran, Iran. Pro-government militiamen attacked the home of Iranian opposition leader Mahdi Karroubi with homemade bombs and beat one of his bodyguards unconscious Thursday, Sept. 2, 2010, an opposition website reported, in an apparent attempt to keep him from attending the annual state-sponsored rally known as Quds Day, or Jerusalem Day. (AP Photo/Vahid Salemi, File)AP - Pro-government crowds swarmed outside the battered home of a key Iranian opposition leader Friday after militiamen attacked with firebombs and beat a bodyguard unconscious in a brazen message of intimidation and pinpoint pressure on dissent.


China register field hockey win, Argentina rout Spain (AFP)

China's Gao Lihua (L) battles for the ball with South Africa's Lisa-Marie Deetlefs during their field hockey Group B match at the Women's World Cup 2010 in Rosario, Argentina. China beat South Africa 4-1.(AFP/Daniel Garcia)AFP - China beat South Africa 4-1 to get off the mark at the third attempt, England drew with South Korea, and Argentina dished out a 4-0 rout to Spain at the women's field hockey World Cup on Friday.


Clinton: Time is now for Mideast peace (AP)

Secretary of State Hillary Rodham Clinton speaks with Israel's Prime Minister Benjamin Netanyahu as Palestinian President Mahmoud Abbas looks on as she hosted the re-launch of direct negotiations, Thursday, Sept. 2, 2010, at the State Department in Washington\. (AP Photo/Charles Dharapak)AP - Secretary of State Hillary Rodham Clinton sought to inject urgency into Israeli-Palestinian peace talks Friday, warning the negotiations may be "the last chance for a very long time" to reach an agreement.


Government: Mozambique lost $3M because of riots (AP)

A woman passes nearby burning tyres in a street in Maputo, Thursday Sept. 2, 2010 a day after police opened fire on stone-throwing crowds who were protesting rising prices in this impoverished country. (AP Photo/Nastasya Tay)AP - Mozambique's economy has lost more than $3 million because of deadly riots over the rising prices of food and other goods, the government said Friday, as state media reported new protests in two other towns.


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