International Headlines

Date: Fri, 30 Jul 2010 05:02:04 -0400
TOP STORIES as of 0900 GMT -- 30 July, 2010

> PRIVATE SUSPECTED IN WIKILEAKS TRANSFERRED
An Army private suspected of leaking classified material,
including videos and other documents, has been moved from Kuwait
to a Marine Corps brig in Virginia.

> DAUGHTERS: MOM IN BABY CASE SECRETIVE
A French woman who admitted to giving birth to and smothering
eight babies over a 17-year period was secretive but always
supportive of her family, two of her daughters say in a local
newspaper report.

> BA POSTS PRE-TAX LOSS OF $256.5 MILLION
British Airways announces a pre-tax loss of 164 million pounds
($256.5 million) for the three months ending June 30.

> NEW BP BOSS TO DISCUSS GULF RECOVERY
Incoming BP CEO Bob Dudley is expected to discuss the oil
giant's long-term recovery efforts in the Gulf of Mexico during
a news conference in Mississippi on Friday.

> OFFICIALS: MAJOR DRUG TRAFFICKER SLAIN
Ignacio "Nacho" Coronel, a top leader of the Sinaloa drug
cartel, was killed during a military raid in Guadalajara,
Mexico, sources say.

> ISRAELI CITY HIT BY PALESTINIAN ROCKET
The Israeli city of Ashkelon was hit by a rocket fired by
Palestinian militants in Gaza early Friday, causing minor
damage, but no injuries, the Israel Defense Forces spokesman
said.

> GULF OIL CLEANUP CHIEF DETAILS PLANS
The man overseeing the federal response to the Gulf oil disaster
will meet New Orleans parish presidents Thursday to outline the
plans after the well is permanently sealed.

> U.N., N. KOREA BACK IN SHIP SINKING TALKS
The U.S.-led United Nations Command will meet again Friday with
North Korea to discuss the sinking of a South Korean warship,
according to the U.S. Forces Korea website.

BUSINESS
~~~~~~~~~~~

> AT $139, IS THE NEW KINDLE 'CHEAP'?
Prices in consumer electronics tend to fluctuate wildly.

> DEATH TOLL UP IN CHINESE FACTORY BLAST
The death toll stands at 13 in Wednesday's blast at a factory in
the eastern Chinese city of Nanjing, state-run Xinhua news
agency reported, citing remarks by authorities on Thursday.

> WHY IS OBAMA TAKING ON BIG BUSINESS?
Corporate chiefs may seem hardboiled, but they can be sensitive,
too. Take the ruckus they've been raising over what they
perceive to be rough treatment from the Obama White House.

U.S. economy grows at 2.4% annual rate in 2nd quarter, government says; 4th straight quarter of growth but below forecasts.

Date: Fri, 30 Jul 2010 08:31:04 -0400

U.S. economy grows at 2.4% annual rate in 2nd quarter, government
says; 4th straight quarter of growth but below forecasts.

Major U.S. indexes edge into positive territory; Dow, S&P 500 erase weekly losses

Date: Fri, 30 Jul 2010 10:48:24 -0400

Major U.S. indexes edge into positive territory; Dow, S&P 500 erase
weekly losses
07/30/2010 10:46:38 AM EDT

Stocks tumble at the open, with the Dow losing 91 points, after government reports pace of economic growth slowed in second quarter.

Date: Fri, 30 Jul 2010 09:33:04 -0400

Stocks tumble at the open, with the Dow losing 91 points, after
government reports pace of economic growth slowed in second quarter.

Markets, Thursday, 07/29/2010

Date: Thu, 29 Jul 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,467.16 down 30.72 | S & P : 1,101.53 down 4.60 |
| NASDAQ: 2,251.69 down 12.87 | Bond (10Y): 3.00% down 0.002
|---------------------------------------------------------------------------|

MARKETS:
Stocks edge lower
Markets bothered by comments from a Fed governor about deflation and
worries about GDP report.

International Headlines

Date: Thu, 29 Jul 2010 05:02:07 -0400

> DAY OF MOURNING HELD FOR CRASH VICTIMS IN PAKISTAN
Pakistan is observing a day of mourning for the 152 people who
died when a passenger plane went down in the outskirts of the
capital Islamabad the day before.

> S. KOREAN PM OFFERS SECOND RESIGNATION
South Korea's prime minister has offered to resign for a second
time, the prime minister's office said Thursday, after failure
to win parliamentary approval to stop relocation of government
offices out of the capital, Seoul.

> POLICE: 8 DEAD BABIES FOUND IN FRANCE
French police have detained a couple after the bodies of eight
newborn babies were found in northern France, some in a home and
others in the garden of another home.

> MILITARY PLANE CRASHES IN ALASKA
An Air Force C-17 cargo plane crashed on a local training
mission near the Elmendorf Air Force Base in Alaska on
Wednesday, a captain at the base said.

> CHINA FLOODS PUSH CHEMICALS INTO RIVER
Rising waters from flooding in northeastern China hit a chemical
plant and washed thousands of containers filled with explosive
chemicals into a river, state media said Thursday.

> BP OPTIMISTIC WELL WILL BE SEALED SOON
One hundred days after an oil well operated by BP ruptured in
the Gulf of Mexico, the man overseeing the federal response is
optimistic it will soon be permanently sealed.

> JUDGE BLOCKS ARIZONA IMMIGRATION LAW
A U.S. judge has blocked one of the most controversial parts of
an Arizona immigration law, preventing police from questioning
people about their immigration status.

> PENTAGON HAS 'MAIN SUSPECT' IN LEAK
The Pentagon is focusing on jailed U.S. soldier Bradley Manning
as the main suspect behind the leak of thousands of secret
Afghan war papers, a senior official says.

BUSINESS
~~~~~~~~~~~

> SPECTER OF ARIZONA IMMIGRATION LAW SLOWLY DRAINS ECONOMY
Jairo Tellez's seafood distribution business is a family affair.
In the industrial warehouse that houses J and V Mariscos on the
west side of Phoenix, his wife, Vicki, and four of his seven
children load trucks, take phone calls, enter data and help care
for his infant grandson, who has a crib in Tellez's office.

> ARCELORMITTAL WARNS ON PACE OF UPTURN
Lakshmi Mittal sounded a warning note over the pace of the world
recovery after ArcelorMittal announced a 146 per cent rise in
underlying profits in the second quarter, compared with the same
period last year.

> SPAT HITS VENEZUELA-COLOMBIA TRADE
After the Colombian government accused Venezuela of harboring
terrorists last week, Venezuelan President Hugo Chavez broke off
relations with his neighbor, the latest in a financially-costly
series of spats.

Number of people filing for first-time unemployment benefits fell 11,000 in the latest week to 457,000.

Date: Thu, 29 Jul 2010 08:34:03 -0400

Number of people filing for first-time unemployment benefits fell
11,000 in the latest week to 457,000.