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Obamas approval rating survives scandal week
CNN's poll , conducted over May 17-18. According to their survey, Obama's approval rating is at 53 percent. While that's a two percent rise since early April, the difference is within the margin of error of the survey, so we'll say that the president's approval rating here remained steady. Forty-five percent of Americans, meanwhile, disapprove of the job the ...
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Conn. derailment to cause greatly slowed commute
View Photo Associated Press/The Connecticut Post,Brian A. Pounds - A derailed Metro-North rail car is hoisted back on to the tracks in Bridgeport. Conn. on Sunday, May 19, 2013. Crews will spend days rebuilding ...
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Central bank governor China always confident in euro
China welcomed European Union's agreement on the 109 billion euro bailout plan for Greece and has been confident of the stability of the euro zone and other member countries in the past, present or future, said Zhou Xiaochuan, governor of People's Bank of China on July 23 during an interview with Financial Times. Bailout plan helps bring financial stability After eight hours of ...
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Why This Week Could See Start of of Risk-Off
We have seen bouts of reality emerging in phases, which have subsequently been washed over by the relentless search for yield, Slovenia's bond issue last week being a classic example. However, the deteriorating economic and political triggers in Europe appear likely to cause a bout of serious risk-off, starting early this ...
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High Inflation a Permanent Fixture in the UK
Inflation in Britain will peak over the summer and remain well above 2 percent - the target set by the U.K's Chancellor - for the foreseeable future, Ernst & Young warned on Monday. A report by the company's economic forecasting group, the ITEM Club, said high inflation will remain a "permanent fixture" of the U.K. economy. "Base effects are likely to send consumer ...
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Powerful tornadoes ravage Plains
View Photo Associated Press/Sean Murphy - People survey damage from a tornado that hit Edmond, Okla., on Sunday, May 19, 2013. A powerful storm system rumbled through the Plains and upper Midwest on Sunday, spawning ...
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Banks at risk if Scotland becomes independent
A study by the UK Treasury into the economic implications of separation claimed that the country's banking system would collapse under pressure.Scottish banks would have assets worth 254pc of gross domestic product - that is higher ...
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United to restart 787 flights on Monday
United Airlines is getting its 787s back in the air. The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another. The incidents never caused any serious injuries. But the January grounding embarrassed Boeing, which makes ...
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Woah Time to Slow That Yen Fall
steep decline and Japan's policymakers are starting to voice their concern about the pace of the currency's move. The yen pulled back from four-and-a-half year lows against the dollar on Monday following a report in the Wall Street Journal that cited Japanese economy minister Akira Amari as saying the yen's excessive strength has now been largely corrected and further weakness in ...
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Why IRS investigation is already Obamas Watergate
Since Watergate, every two-term president has had a second-term scandal. First-term mistakes and hyperpartisanship make probes - like those into Benghazi and the IRS - almost ...
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Cop who shot N.Y. student faced harrowing choice
View Photo Associated Press/Sleepy Hollow High School - In this photo copied from the 2010 Sleepy Hollow High School yearbook, high school student Andrea Rubello is shown. Police said Rubello, a junior at Hofstra ...
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Star Trek does $70.6M but falls short of studio hopes
View Photo Associated Press/Paramount Pictures, Zade Rosenthal - This undated publicity film image released by Paramount Pictures shows, Zachary Quinto, left, as Spock and Chris Pine as Kirk in a scene in the movie, ...
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Suspect in N.Y. bias shooting is charged with murder
Manhattan Criminal Court , is also charged with criminal possession of a weapon and menacing, according to the complaint filed Sunday by the Manhattan district attorney's office. Authorities said the Greenwich Village resident used a silver revolver to kill ...
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Elite FBI agents killed in training accident off beach in Virginia
United States Two FBI agents from the elite Hostage Rescue Team have been killed in a training accident.The Federal Bureau of Investigation says they died off a beach in Virginia.US media reports say the accident involved a ...
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Bayern thrilled Dortmund worried before Euro final
/enpproperty--> Borussia Dortmund must wait on Mats Hummels' ankle injury for next Saturday's Champions League final, while Wembley opponent Bayern Munich finished the Bundesliga season with a seven-goal thriller. Centerback Hummels is an injury doubt for the London final after damaging ankle ligaments in Dortmund's shock 2-1 Bundesliga defeat at home to Hoffenheim on ...
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Commuters warned of traffic mess for up to 1 week
HARTFORD, Conn. (AP) - Gov. Dannel P. Malloy is warning commuters that a traffic mess awaits them in southwest Connecticut for as long as a week until service is restored to Metro-North following a derailment that injured scores of ...
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Banned Bangladesh Factory Still Operates
VF Corp. VF confirmed on Saturday it was still using Liz Apparels to make its clothing following an inspection ordered by the factory owner, Nassa Group, on May 12. VF, whose other clothing brands include North Face, Timberland and Nautica, said its philosophy was to "stay and improve" working conditions."We are in daily contact with the facility and VF's leadership is ...
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Officer shot in Marathon showdown wants to work
Police shot a teenager and arrested another suspect while investigating a car theft inside a rental car return area at Jacksonville International Airport in ...
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Report Yahoos board approves $1.1 billion Tumblr acquisition
Marissa Mayer 's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base would bolster the older website's "cool factor," the technology blog AllThingsD cited the sources as saying. Mayer, who spent 13 years ...
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Associated Press CEO calls records seizure unconstitutional
In this Sunday, May 19, 2013, photo provided by CBS News, Gary Pruitt, the President and CEO of the Associated Press, discusses the leak investigation that led to his reporters' phone records being subpoenaed by the Justice Department on CBS's "Face the Nation" in Washington. Pruitt says DoJ's seizure of AP journalists' phone records was ...
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McConnell ‘There is a culture of intimidation throughout the administration’
Obama address the IRS scandal at a news conference. (Alex Wong/Getty) Republican Senators Rand Paul, Mitch McConnell and Rob Portman continued Sunday to press the Obama administration on the Internal Revenue Service scandal that's engulfed the White House. On CNN's "State of the Union," Paul told Candy Crowley he heard about a "written policy" that encouraged IRS ...
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Charlotte remembers historic1963 desegregation eat-in
View Photo Associated Press - In this May 16, 2013, photo, Abdulah Salim, Jr. hold the photograph of his father Dr. Reginald A. Hawkins who was a prominent Charlotte civil rights leader, in Silver Spring, Md. In the ...
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Jamie Dimon Under Pressure Ahead of Investor Vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. It's been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation in Washington and on Wall Street, and what a difference it has made. Shareholder groups ...
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Horrible commutes ahead Conn. train outage expected for days
View Photo Associated Press/The Connecticut Post, Christian Abraham - Emergency personnel work at the scene where two Metro North commuter trains collided, Friday, May 17, 2013 near Fairfield, Conn. Bill Kaempffer, ...
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Letters The benefit of European Union membership outweighs the cost
The economic case to stay in the EU is overwhelming. The creation of the Single Market was instigated by Britain, and is now the world's largest trading bloc, containing half a billion people with a GDP of 10 trillion. To Britain, membership is estimated to be worth between 31bn and 92bn per year in income gains, or between 1,200 to 3,500 for every ...
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