NEW YORK–The Fed spoke and markets reacted: Treasurys rose, gold shot up, the dollar tumbled. Stocks pushed higher, but barely. Equities showed only moderate enthusiasm to news Wednesday that the Federal Reserve sees stimulus as necessary unless the … Parties Assess Fallout From Missouri Race - Wall Street Journal
By NAFTALI BENDAVID Republicans began trying to shift the political conversation back to the economy Wednesday and away from comments on rape made by one of their candidates, while Democrats adopted a strategy of seeking to link GOP candidates to the … GOP upheaval arrives just before Romney convention - The Associated Press
By THOMAS BEAUMONT, AP - 1 minute ago TAMPA, Fla. (AP) -- This is the convention prelude of the Republicans' dreams -- their nightmares, that is. Mitt Romney wanted to preside over a made-for-TV gathering showcasing his economic credentials and GOP unity … CAW vote moves Canada toward mega-union
TORONTO (Reuters) – One of Canada’s most influential unions on Wednesday approved a radical plan to merge with a smaller rival to create what would be the country’s largest private sector union. Delegates at the Canadian Auto Workers’ (CAW) convention approved a plan to join up with Communications, Energy and Paperworkers (CEP) in a new union that would have more than 300,000 members. Union leaders had billed their plan as the best way to revive the flagging fortunes of the Canadian labor movement, and the CAW said the vote was unanimous. …
N. Korea's ceremonial head of state to attend NAM summit
North Korea's ceremonial head of state Kim Yong-Nam will attend a summit of the Non-Aligned Movement in Tehran next week, the official news agency said Thursday. Civilians facing 'horrific' violence in Aleppo: Amnesty
Syrian civilians are facing "horrific" violence as the battle for the commercial capital Aleppo rages, Amnesty International said Thursday, lashing out primarily at regime troops for launching indiscriminate attacks. Dee Snider objects to Republican VP candidate Paul Ryan's use of 'We're Not Gonna Take It'
Twisted Sister frontman Dee Snider has asked Republican vice-presidential running mate Paul Ryan’s camp not to play his hit song, “We’re Not Gonna Take It.”
China Q2 bank earnings to signal end of easy profits
HONG KONG (Reuters) – China's big banks are set to report possibly their last set of bumper profits in coming weeks as weak economic expansion, shrinking deposits and a more competitive interest rate market point to more modest earnings growth in the future. The so-called "Big Four" — Industrial and Commercial Bank of China , China Construction Bank (CCB) , Agricultural Bank of China Ltd (AgBank) and Bank of China — are due to report their first-half earnings between August 23 and August 30. "The last solid results, with a bumpy road ahead," said Deutsche analyst Tracy Yu. … New Canadian oil refinery to be profitable: backer
CALGARY, Alberta (Reuters) – The press baron backing a proposed C$13 billion ($13.1 billion)refinery on Canada’s west coast to process crude oil shipped on Enbridge Inc’s Northern Gateway pipeline said on Wednesday he’s confident the project will be economic. David Black, whose Black Press Ltd runs 150 newspapers in Canada and the United States, last week said he wants to build what would be Canada’s largest refinery at Kitimat, British Columbia, near the planned terminus of Enbridge’s planned 525,000 barrel-per-day Northern Gateway line. …
Insight: China ups lobbying game, but faces key tests in U.S., Canada
WASHINGTON/OTTAWA (Reuters) – Back in the day, before the U.S. Congress tore apart China’s proposed multi-billion dollar deals with Western companies one after the other, Beijing’s lobbying left little to the imagination. China’s Washington embassy blasted out form letters to every U.S. lawmaker when it was upset with Congress, warning of grave damage to Sino-American relations, congressional aides recall. …
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