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White House intruder: Security changes weighed
WASHINGTON (AP) President Barack Obama is "obviously concerned" about a weekend White House breach by an ex-soldier with a small knife who scaled a fence, sprinted across the lawn and entered the mansion before being arrested, a spokesman says. Mon, 22 Sep 2014 14:09:56 -0400
Bear kills hiker near New York: police
Islamic State militants kill 40 Iraqi troops
Plosser, hawkish chief of Philadelphia Fed, to retire in March
By Ann Saphir (Reuters) - Philadelphia Federal Reserve Bank President Charles Plosser, one of the sharpest internal critics of the central bank's loose monetary policy, will retire next year in a move that could ease pressure to raise interest rates more quickly. Plosser, 66, has dissented on policy decisions six times during his eight-year stint at the Fed, including at the central bank's last two meetings. ...
Mon, 22 Sep 2014 14:05:22 -0400
Report: Kansas Senate challenger's assets top $21M
Officials: French citizen kidnapped in Algeria
ALGIERS, Algeria (AP) A French citizen was kidnapped by suspected Islamic militants while hiking in a mountainous Algerian region that is a known hideout for North Africa's al-Qaida branch, officials said. Mon, 22 Sep 2014 13:57:34 -0400
Chicago museum only US site for Bowie exhibit
CHICAGO (AP) An art exhibition chronicling the five-decade career of musician David Bowie opens Tuesday at Chicago's Museum of Contemporary Art, the only U.S. stop on its schedule. Mon, 22 Sep 2014 13:57:00 -0400
Apple sells more than 10 million new iPhones in first 3 days
By Soham Chatterjee (Reuters) - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays. Chief Executive Tim Cook said the company could have sold even more iPhone 6 and iPhone 6 Plus models if supplies had been available. Analysts had estimated first-weekend sales of up to 10 million iPhones, after Apple booked record pre-orders of 4 million on Sept. 12, the day pre-orders opened. Apple's shares were little changed at $100.98 in afternoon trading on the Nasdaq on Monday. ...
Mon, 22 Sep 2014 13:56:09 -0400
U.S. existing home sales fall, investors pulling back
By Lucia Mutikani WASHINGTON (Reuters) - U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to an annual rate of 5.05 million units. The decrease was the first in four months, although the sales pace was still the second highest for the year. "There is no fundamental economic weakness story in the fall. ...
Mon, 22 Sep 2014 13:52:31 -0400
Siemens splurges $7.6 billion on Dresser-Rand in U.S. shale market bet
By Georgina Prodhan and Ludwig Burger FRANKFURT (Reuters) - Germany's Siemens AG has agreed to buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion in cash, paying a relatively rich price to belatedly beef up its presence in the U.S. shale oil and gas industry. The acquisition, which ranks among the biggest in the history of the industrial group, will strengthen Siemens' position in the United States, its weakest region, and bring it nearer catching up with rival General Electric Co . ...
Mon, 22 Sep 2014 13:50:22 -0400