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09/03/2010 04:09 PM
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Earthquake of 7.1 magnitude hits New Zealand city
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WELLINGTON (Reuters) - A major earthquake hit New Zealand's second biggest city Christchurch early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths.
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09/03/2010 04:58 PM
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Taxpayers likely to face initial loss on GM IPO: sources
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NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
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09/03/2010 04:14 PM
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Obama to address new economic ideas next Wednesday
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WASHINGTON (Reuters) - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.
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09/03/2010 08:30 AM
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U.S. and Israel spying behind BlackBerry woe: Dubai police
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DUBAI (Reuters) - Concerns over Israeli access to BlackBerry data, and the use of the device by the United States to spy on the United Arab Emirates are behind the Gulf state's moves to curb the smartphone, Dubai's police chief said.
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09/03/2010 03:47 PM
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Hurricane Earl weakens after swiping North Carolina
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HYANNIS, Massachusetts (Reuters) - A weakened but still dangerous Hurricane Earl churned up the U.S. eastern seaboard toward New England and Canada on Friday after dealing North Carolina's coast only a glancing blow.
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09/03/2010 04:11 PM
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Bomb kills 54 in Pakistan, Taliban threatens U.S.
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QUETTA, Pakistan (Reuters) - A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 54 people in the second major attack this week and piling pressure on a U.S.-backed government overwhelmed by a flood crisis.
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09/03/2010 02:43 PM
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Government probes Mariner platform fire
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HOUSTON (Reuters) - The U.S. government on Friday launched an investigation into Mariner Energy Inc's Gulf of Mexico platform fire, according to the U.S. Coast Guard.
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09/03/2010 02:19 PM
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Madoff investors win $12.74 mln in Merkin case
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NEW YORK (Reuters) - Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show.
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09/03/2010 05:24 PM
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Payrolls data offer ray of hope for recovery
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WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.
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09/03/2010 02:22 PM
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BP says failed blowout preventer off Gulf well
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HOUSTON (Reuters) - BP Plc removed a failed blowout preventer from atop its ruptured Gulf of Mexico oil well on Friday afternoon, a company spokesman said.
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