FBR Feels Stoked About Nike

FBR Feels Stoked About Nike

FBR Feels Stoked About Nike

Posted: 22 Jun 2010 10:35 PM PDT

With earnings due out, FBR takes a bold position.


Walgreen Misses Mark, Profit Drops 11%, Stock Tanks

Posted: 22 Jun 2010 10:28 PM PDT

Shares of the drugstore operator drop 6.5% on volume that's four times the average of the past three months.


Obama to decide on McChrystal

Posted: 22 Jun 2010 10:34 PM PDT

General's criticism of the administration in magazine interview labelled "profound mistake".


UN launches Sri Lanka rights panel

Posted: 22 Jun 2010 10:27 PM PDT

Three-member panel set up to probe alleged rights abuses during war with LTTE.


Taxes up, spending cut in Britain's 'bloodbath' budget (AFP)

Posted: 22 Jun 2010 10:21 PM PDT

People walk past a branch of a Lloyds TSB Bank in central London. Britain has launched a package of higher taxation and spending cuts termed a AFP - Britain has launched a package of higher taxation and spending cuts termed a "bloodbath" budget by some of the press who warned failure could bring down the government.

Obama to confront McChrystal at White House (Reuters)

Posted: 22 Jun 2010 10:28 PM PDT

Reuters - President Barack Obama will confront his top Afghanistan commander on Wednesday before deciding whether to fire him over inflammatory comments that have angered the White House and threatened to undermine the war effort.


Asian millionaires worth more than Europeans: study (AFP)

Posted: 22 Jun 2010 09:39 PM PDT

Chairman of India's Reliance Industries Mukesh Ambani, a billionaire and among the richest men in Asia and the world is seen June 17 in Mumbai.(AFP/File/Punit Paranjpe)AFP - Asian millionaires are worth more than their European counterparts for the first time, with India and China leading the way, a study said Wednesday.

Sri Lanka slams UN over war crimes probe (AFP)

Posted: 22 Jun 2010 10:44 PM PDT

Sri Lankan soldiers patrol in the war zone in January 2009 in the final stages of the conflict with the Tamil Tigers. Sri Lanka slammed the United Nations on Wednesday over its plans to investigate alleged human rights abuses committed in the final months of the island's savage civil war that ended last year.(AFP/File/Lakruwan Wanniarachchi)AFP - Sri Lanka slammed the United Nations on Wednesday over its plans to investigate alleged human rights abuses committed in the final months of the island's savage civil war.

China's Missed Opportunity For Internet Reform

Posted: 22 Jun 2010 09:33 PM PDT

The Chinese government praises the Internet but still doesn't have a high-level champion for it.


Lowe's Invests In Home-Energy Auditor Recurve

Posted: 22 Jun 2010 09:00 PM PDT

Retailer ponies up for $8 million Series B round.


China Seeks To Rein In Online Payment Services

Posted: 22 Jun 2010 08:47 PM PDT

New rules from the People's Bank of China treat online payment systems more like banking services, a


US to circumvent ruling on drilling

Posted: 22 Jun 2010 09:07 PM PDT

Government to issue new order after court strikes down six-month deepwater drilling ban.


Flood-hit dyke in south China suffers new breach

Posted: 22 Jun 2010 10:38 PM PDT

FUZHOU, China (Reuters) - A flood-battered dyke in China suffered a fresh breach on Wednesday as heavy flooding that has killed nearly 200 people in the past week intensified and about 100,000 residents fled after an earlier break in its wall.

Flood-hit dyke in south China suffers new breach (Reuters)

Posted: 22 Jun 2010 08:44 PM PDT

A local resident navigates his boat in a flooded area of Fuzhou, Jiangxi province, June 22, 2010. A flooded river in south China has breached a dyke and threatens 145,000 residents, as heavy rains which have killed almost 200 people so far batter much of the region, state media reported on Tuesday. REUTERS/Aly SongReuters - A flood-battered dyke in China suffered a fresh breach on Wednesday as heavy flooding that has killed nearly 200 people in the past week intensified and about 100,000 residents fled after an earlier break in its wall.

Bodies still jammed in Congo plane wreck

Posted: 22 Jun 2010 06:50 PM PDT

SYDNEY -An Australian mining company that lost its entire board in a plane crash in Congo's thick jungle said Wednesday it was still working to cut free bodies that are jammed in the wreckage.

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French cannibal prisoner 'fried cellmate's lungs'

Posted: 22 Jun 2010 04:14 AM PDT

ROUEN, France – A prisoner who killed his cellmate and devoured his lung with fried onions put France's troubled prison system under critical new scrutiny Tuesday.

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Thousands at risk from dyke breach in China

Posted: 22 Jun 2010 02:41 AM PDT

BEIJING – Chinese authorities rushed Tuesday to evacuate 12,000 people threatened by a dyke breach as the death toll from widespread flooding across the nation's south rose to nearly 200.

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US general apologizes for criticizing Obama, officials

Posted: 22 Jun 2010 01:24 AM PDT

WASHINGTON – The US commander in Afghanistan apologized for a magazine profile that quotes him denouncing a top diplomat while his aides dismiss President Barack Obama and mock his deputies.

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Australia mourns mining chiefs after Congo plane crash

Posted: 22 Jun 2010 12:46 AM PDT

SYDNEY – Australia mourned colourful mining tycoon Ken Talbot and his colleagues Tuesday after an African plane crash wiped out the entire board of his Sundance Resources company, plunging it into crisis.

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Finland expected to appoint second woman PM

Posted: 22 Jun 2010 12:17 AM PDT

HELSINKI – Finland was expected to appoint its second woman prime minister Tuesday after Mari Kiviniemi was recently voted in to replace exiting premier Matti Vanhanen at the helm of the ruling Centre Party.

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Iraq faces 'more power shortages'

Iraq faces 'more power shortages'

Iraq faces 'more power shortages'

Posted: 22 Jun 2010 01:12 PM PDT

Prime minister says improvement will take at least two years as outages spark protests.


UN sets up panel on Sri Lanka war

Posted: 22 Jun 2010 01:18 PM PDT

UN chief Ban Ki-moon sets up a panel to probe alleged human rights abuses during the final stages of Sri Lanka's civil war.


Russia Backs Report Critical of Its Caucasus Policy

Posted: 22 Jun 2010 01:06 PM PDT

A draft resolution said that Russia's policy in the North Caucasus was "bound to foster the rise of extremist movements."

Speculation About McChyrstal's Future Rampant

Posted: 22 Jun 2010 12:46 PM PDT

Ahead of a meeting at the White House on Wednesday between Gen. Stanley McChrystal and President Obama, speculation is rife in Washington and online on whether the general will keep his job.

US judge blocks drilling suspension

Posted: 22 Jun 2010 12:53 PM PDT

Ruling overturns moratorium on new deepwater projects imposed after April 20 rig explosion.


Peru tops Colombia in coca league

Posted: 22 Jun 2010 12:37 PM PDT

Peru replaces Colombia as the biggest producer of coca, in what the UN says is a vindication for Colombia's anti-drugs policy.


Queen spends £1.2m on hospitality

Posted: 22 Jun 2010 12:50 PM PDT

The royal household spent £1.2m of taxpayers' money on entertaining last year, a report reveals.


Article Prompts Speculation About McChrystal's Future

Posted: 22 Jun 2010 12:39 PM PDT

Ahead of a meeting at the White House on Wednesday between Gen. Stanley A. McChrystal and President Barack Obama, speculation is rife in Washington and online about whether the general will remain America's top commander in Afghanistan.

Top Israeli official pessimistic about U.S.-led Mideast peace talks

Posted: 22 Jun 2010 11:49 AM PDT

JERUSALEM -- Israeli Prime Minister Binyamin Netanyahu's national security adviser said Tuesday that the push for Palestinian statehood has weakened Israel's standing in the world and suggested that the outlook is bleak for U.S.-mediated negotiations in the region.


Middle East - Israel - Warfare and Conflict - Peace - Israel-Palestine


Bombing Kills Two U.S. Soldiers

Posted: 22 Jun 2010 01:08 PM PDT

An Afghan woman detonated a suicide vest concealed beneath her burka, killing two U.S. soldiers and injuring scores of Afghan civilians in what government officials say is Afghanistan's first female suicide attack, officials said.


India's Tribals Caught in Crossfire

Posted: 22 Jun 2010 11:46 AM PDT

Millions of India's tribal people have seen their standard of living drop to the bottom of the country's poverty ladder in India's 43-year-old battle with Maoist rebels, and their fate is expected to worsen even further.


World Cup's Glow Can't Dim South Africa's Problems

Posted: 22 Jun 2010 12:21 PM PDT

The South African government has used the World Cup as a catalyst for development, and to address social ills. Yet discontent can't stay bottled up for long, say analysts.


Jailed Ali Dizaei refused appeal

Posted: 22 Jun 2010 12:04 PM PDT

Disgraced police commander Ali Dizaei is refused leave to appeal against his conviction for corruption.


Judge Blocks Obama’s Moratorium on Deep-Water Drilling

Posted: 22 Jun 2010 12:38 PM PDT

The White House said it would appeal the decision of a federal judge in New Orleans, who blocked a six-month moratorium on deep-water drilling projects.

Should the 'Runaway General' Be Fired?

Posted: 22 Jun 2010 01:04 PM PDT

Do General McChrystal's remarks merely reflect a level of dissent that is not unhealthy?

Judge Blocks Deep-Water Drilling Moratorium

Posted: 22 Jun 2010 11:33 AM PDT

A federal judge in New Orleans has blocked a six-month moratorium on new deep-water drilling projects that was imposed in response to the oil spill.

Movie Review | 'Knight and Day': Opposites Attract: Tom Cruise and Cameron Diaz

Posted: 22 Jun 2010 12:50 PM PDT

Tom Cruise and Cameron Diaz travel the globe and try to crack wise in "Knight and Day."

US economy 'still in difficulty'

Posted: 22 Jun 2010 11:43 AM PDT

US Treasury Secretary Timothy Geithner warns that the country's economy "is still going through an incredibly difficult period."


Indonesian Star Detained Over Sex Videos

Posted: 22 Jun 2010 10:30 AM PDT

One of Indonesia's most popular celebrities could face up to 12 years in jail after being detained for allegedly starring in a series of celebrity sex videos that have riveted the Muslim-majority country.

World Cup gambling ring busted

Posted: 22 Jun 2010 11:05 AM PDT

Police in China said they broke an illegal soccer gambling ring ahead of the World Cup in South Africa, the state-run Xinhua news agency reported on Tuesday.
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