Reuters: Top Global and Breaking News

Started by emirate, Aug 08, 2010, 09:01 PM

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WASHINGTON (Reuters) - Elizabeth Warren, the Obama administration's new consumer financial protection czar, said on Thursday that banks are showing early receptiveness to her plans for simplifying their disclosures to consumers.

Consumer czar Warren: banks receptive to change

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WASHINGTON (Reuters) - Republicans on Wednesday urged President Barack Obama to pick a more business-friendly successor to economic adviser Larry Summers, a move that would signal a shift to the center.

Summers' successor to set tone on economic policy

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NEW YORK (Reuters) - Billionaire investor Warren Buffett said the U.S. economy remains in recession, disputing this week's assessment by a leading arbiter of economic activity that the downturn ended more than a year ago.

Warren Buffett: "We're still in a recession"

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WASHINGTON (Reuters) - A $30 billion small business lending bill cleared Congress on Thursday, giving President Barack Obama's embattled Democrats a hard-won victory just weeks before the November elections.

Congress sends small business bill to Obama

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LOS ANGELES (Reuters) - California Democratic Senator Barbara Boxer has extended her narrow lead over Republican challenger Carly Fiorina in her closely watched bid for re-election in November, according to a poll released on Friday.

Boxer leading Fiorina by 6 points in California

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NEW YORK (Reuters) - A majority of New Yorkers say a Muslim group has a right to build an Islamic center and mosque near the site of the September 11 attacks in Manhattan but think it should be built elsewhere, according to a poll released on Friday.

NY voters support right to build Muslim center: poll

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TACOMA, Washington (Reuters) - A former U.S. Air Force flight nurse expelled from the military after revealing she is a lesbian was ordered reinstated by a federal judge on Friday in a closely watched court challenge to the military's "Don't Ask, Don't Tell" policy.

U.S. judge orders lesbian Air Force nurse reinstated

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WASHINGTON (Reuters) - U.S. regulators seized three corporate credit unions on Friday and will repackage about $50 billion in troubled assets from these and previous seizures to sell on the open market.

Regulators seize 3 corporate credit unions, to sell assets

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TOKYO/BEIJING (Reuters) - Japan refused to apologize on Saturday for detaining a Chinese boat captain, showing no signs of softening in a dispute between the two economic powers after Japan gave ground and released him.

Japan refuses China demand for apology in boat row

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ABU DHABI (Reuters) - The United Arab Emirates is "very optimistic" about reaching an agreement in a dispute with BlackBerry maker Research In Motion before an official deadline, a top Abu Dhabi official said.

UAE sees BlackBerry issue solved before deadline