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Source Match International News

New GM CEO's pay package worth $9 million (AP)

AP - New General Motors Co. CEO Daniel Akerson (ACK-er-son) will get a pay package worth $9 million in salary and stock to run the automaker.

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Genzyme begins round of layoffs: reports (Reuters)

Reuters - U.S. biotech company Genzyme Corp began laying off an unspecified number of employees on Friday but said the move was unrelated to Sanofi-Aventis SA's efforts to take over the company, local media reported.

Russians mourn bombing victims; 10 others killed (AP)

Investigators work at the site of a suicide car attack in a square outside a market in Vladikavkaz, North Caucasus, Russia, Friday, Sept. 10, 2010. Thursday's bombing near the central market of the capital of the North Ossetia republic was the most serious attack in Russia since the March subway bombings in Moscow that killed 40 people. (AP Photo/Sergey Ponomarev)AP - Clashes between police and alleged militants left 10 more people dead Friday in Russia's volatile North Caucasus, even as stunned residents laid flowers in a square where a suicide car bombing killed 17 people and wounded more than 140 only a day ago.


Cyrus the Great artifact to be displayed in Iran (AP)

AP - A Babylonian artifact sometimes described as the world's first human rights charter is to go on display in Iran after the government threatened to cut ties with the British Museum if it did not loan the object.

Four dead in California gas blast inferno (AFP)

Charred cars sit near smoldering ruins of homes after a huge gas explosion which killed four people in San Bruno, a suburb of San Francisco, California.(AFP/Getty Images/Max Whittaker)AFP - California firefighters were grimly searching smoldering ruins Friday after a huge gas pipeline explosion triggered an inferno killing four people, amid fears the toll will rise.


Castro says he was misinterpreted on Cuban economy (AP)

FILE - An Aug. 23, 2010 file photo provided by the state media Cubadebate web site shows Fidel Castro at a meeting with scientists in Havana, Cuba,  Castro told a visiting American journalist that Cuba's communist economic model doesn't work. (AP Photo/Cubadebate/file)AP - Fidel Castro says his comments about Cuba's communist economic model were misinterpreted by a visiting American journalist.


Thousands of Afghans protest Koran burning plans (AFP)

Afghan protestors shout slogans as they stage a demonstration in Jalalabad in protest at the proposed burning of Korans in the US.(AFP)AFP - In far northeastern Badakhshan province, thousands of people gathered outside a small NATO base in the capital Fayzabad, where they threw rocks at the gate and burned an American flag, police said.


Advice for Widows and Older Couples, Too (U.S. News & World Report)

U.S. News & World Report - Kathleen Rehl shares an unwanted identity with 11.5 million other American women. She's a widow. Unlike most of them, she's a financial planner. And now, more than three years after the death of her husband, Tom, she is also an author. "Moving Forward on Your Own: A Financial Guidebook for Widows," is a short, 80-page journey through the stages of grief that she felt. It's also an emotional as well as financial guide to the types of adjustments faced by a sadly growing number of women who have outlived their husbands.

Pakistan's Floods: Through Hell and High Water (Time.com)

Time.com - Pakistan's Floods: Through Hell and High Water

Foreign Businesses Say China's Regulations Shut Them Out (Time.com)

Time.com - Foreign businesses in China are voicing growing frustration about the country's heavily regulated market -- a bureaucratic maze many say is designed deliberately to hamstring non-Chinese players to the advantage of their local competitors

Bell Canada parent to buy CTV for C$1.3 billion (Reuters)

Reuters - BCE Inc, Canada's largest telecom, will pay C$1.3 billion ($1.26 billion) for full ownership of the country's biggest private broadcaster, betting on explosive growth in video over the Internet and wireless devices.

Wall Street rises with energy, but techs lag (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 gained modestly on Friday, led higher as energy shares were boosted by a jump in oil prices, but weak tech stocks and light volume capped gains.


Iran's president intervened in American's release (AP)

FILE - In this May 20, 2010 file photo, American hikers Shane Bauer, left, Sarah Shourd, center, and Josh Fattal, sit at the Esteghlal Hotel in Tehran, Iran. Iran announced Thursday that one of the three Americans jailed for more than a year will be released Saturday to mark the end of Islamic holy month of Ramadan. (AP Photo/Press TV, File)AP - Iran's president intervened to secure the release of Sarah Shourd, one of three Americans jailed for more than 13 months, in part because of her gender, a news agency reported Friday.


Earnings schedule for week of 9/13/2010 (AP)

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Japan missing more than 230K listed centenarians (AP)

AP - More than 230,000 Japanese citizens listed in government records as at least 100 years old can't be found and may have died long ago, according to a government survey released Friday.

Regulators probe fund-of-funds firms in sweep (Reuters)

Reuters - Securities regulators are probing "fund-of-funds" firms that channel investors' money into hedge funds, looking at supervision of client assets and potential conflicts of interest, according to a person familiar with the matter.

(AP)

AP - Obama says 'we are not at war against Islam,' but against terrorist factions.

Priest sex abuse linked to 13 suicides in Belgium (AP)

File - In this Sunday, April 3, 2005 file photo Belgian Cardinal Godfried Danneels leans on his staff while leading a memorial Mass for Pope John Paul II, at the St. Michael church in Brussels. On Friday, Sept. 10, 2010 a Belgian commission looking into sexual abuse by Catholic clergy says it has received testimony from hundreds of victims and that witnesses say widespread abuse over decades led to at least 13 suicides. Cardinal Godfried Danneels, acknowledged Wednesday that damage control often took precedence over concerns for victims in sexual abuse cases involving clergy. (AP Photo/Virginia Mayo, File)AP - Hundreds of sex abuse victims have come forward in Belgium with harrowing accounts of molestation by Catholic clergy that reportedly led to at least 13 suicides and affected children as young as two, a special commission said Friday.


Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.


Census preparations made in Central African Republic (AFP)

Children in Bangui play in front of the Notre Dame church in 2008. Teams from the Central African Republic's electoral commission have begun deploying throughout the country to prepare for a census that will begin on September 22, the organisation announced Friday.(AFP/File/Coumba Sylla)AFP - Teams from the Central African Republic's electoral commission have begun deploying throughout the country to prepare for a census that will begin on September 22, the organisation announced Friday.


Cholera stalks West Africa as rains spread disease (AP)

In this Monday, Sept. 6, 2010 photo, a doctor treats a child suffering from cholera, at a village health clinic in Ganjuwa in Nigeria's rural Bauchi State. Health officials, some with surgical masks covering their faces, sprayed anti-bacterial solution on muddy paths in this village, and patients jammed into rudimentary clinics as the government struggled to contain a cholera epidemic that has killed nearly 800 people in two months. The worst epidemic in Nigeria in 19 years is spreading to Cameroon, Chad and Niger, where it has killed hundreds more people.(AP Photo/Sunday Alamba)AP - Patients jammed rudimentary clinics and health workers in surgical masks sprayed anti-bacterial solution on muddy paths as the government struggled to contain a cholera epidemic that has killed nearly 800 Nigerians in two months.


Nokia brings in Microsoft exec to replace CEO (Reuters)

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.


Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

Australian 'kingmaking' MP declines ministerial post (AFP)

Country lawmaker Rob Oakeshott (pictured) whose support was crucial to keeping Prime Minister Julia Gillard in power Friday knocked back an offer to become a minister in her minority government.(AFP/File/Torsten Blackwood)AFP - An independent Australian politician whose support was crucial to keeping Prime Minister Julia Gillard in power Friday knocked back an offer to become a minister in her minority government.


Mexican police didn't know they'd caught drug capo (AP)

Soldiers stand next to weapons seized at a warehouse following a clash in the town of General Trevino, Nuevo Leon State, bordering the United State on September 2. At least four people died in a clash between soldiers and suspected drug gang members in northeastern Mexico, a day after 25 outlaws died in a shootout with soldiers nearby, police said Friday.(AFP/Dario Leon)AP - The Mexican police officers who arrested infamous drug suspect Edgar Valdez Villarreal, alias "La Barbie," did not initially know who they had caught, according to a booking report obtained Thursday.


Quran burning canceled after Pentagon calls pastor (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Under tremendous pressure from U.S. officials all the way up to President Barack Obama, a Florida pastor on Thursday called off a Quran burning that he'd scheduled for Saturday, the anniversary of the 9/11 attacks, which had drawn international condemnation and posed a potential threat to national security.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Analysis: Obama has tenuous grip on Democrats over taxes (Reuters)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.


Iraq to pay $400 million for Saddam's mistreatment of Americans (The Christian Science Monitor)

The Christian Science Monitor - Iraq has quietly agreed to pay $400 million in claims to American citizens who say they were tortured or traumatized by Saddam Hussein’s regime after his 1990 invasion of Kuwait.

Flash crash cause still a mystery (Investor's Business Daily)

Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.

Banging a Drum for the MDG Summit (OneWorld.net)

OneWorld.net - NEW YORK, Sep 7 (IRIN) - Activists are pulling out all the stops ahead of a development summit at UN headquarters on 20-22 September. Pro-aid and anti-poverty lobbyists are trying everything from giant letters to banging pans to raise awareness of the high-level event.
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