Archive for July 1st, 2009

COLUMBIA — South Carolina residents - and the simply curious around the world - have watched Gov. Mark Sanford’s lovelorn saga unfold, the central character spewing an odd script that would seem more appropriate for a soap opera than state government. Top South Carolina Republicans and at least a …

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WASHINGTON (AP) — The Drug Enforcement Administration is joining the investigation into Michael Jackson’s death, a law enforcement official said late Wednesday. The DEA is stepping in at the request of the Los Angeles Police Department, said the official, who spoke on condition of anonymity …

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NEW YORK (AP) - Apartment prices in the typically resilient Manhattan market plunged in the second quarter by the largest annual amount in decades, data released Thursday showed. The median price fell between 13 and 19 percent from a year ago, according to four separate reports, and sales were off …

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July 2 (Bloomberg) — General Motors Corp. , the bankrupt automaker selling most of its assets to the U.S. government, may file for an initial public offering of its stock in 2010, said an adviser to the Obama Administration’s auto task force. GM was in bankruptcy court yesterday seeking approval …

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July 2 (Bloomberg) — Barclays Plc raised its third-quarter forecast for West Texas Intermediate crude oil by 14.5 percent from an estimate in June, citing expectations for fundamentals in commodity markets to return to “normalcy.” The forecast for benchmark futures contracts traded on the New …

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GARMSIR, Afghanistan (Reuters) - Thousands of U.S. Marines stormed into an Afghan river valley by helicopter and land on Thursday, launching the biggest military offensive of Barack Obama’s presidency with an assault deep in Taliban territory. Operation River Liberty, which the Marines call simply …

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Oil prices fell on Wednesday despite another decline in crude supply, with lingering doubts about whether people and businesses will be using more energy anytime soon. Light sweet crude for August delivery fell 58 cents to settle at USD 69.31 a barrel on the New York Mercantile Exchange. Gasoline …

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SEOUL (Reuters) - North and South Korean officials held talks on Thursday to salvage a joint factory park in the communist state that has become a key source of foreign cash for Pyongyang, hit by U.N. sanctions for its nuclear test. The talks come as North Korea looks ready to launch medium or short …

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A passenger stripped naked during a US Airways flight and resisted a flight attendant’s efforts to cover him with a blanket before two off-duty law enforcement officers on board subdued and handcuffed him, authorities said Wednesday. Keith Wright, 50, of the Bronx in New York, was taken into custody …

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Police in Texas say they used a Taser on a pastor and pepper spray on his congregants after the man interfered with a traffic stop in the church parking lot. Police say the traffic stop Wednesday morning involved a member of the Iglesia Profetica Peniel church in its parking lot in Webster …

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