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Enterprise Products to buy Enterprise GP for $8 billion (Reuters)

Reuters - Midstream energy services provider Enterprise Products Partners LP said it would buy Enterprise GP Holdings LP for about $8.03 billion to reduce its capital costs and simplify its partnership structure.

EU takes stand to boost growth, financial supervision (AFP)

European Commission President Jose Manuel Barroso delivers his first State of the Union report to the European Parliament in Strasbourg, eastern France, on September 7. The European Union laid out ambitious goals on Tuesday to strengthen its economy as the Commission proposed a joint EU-wide bond and ministers approved tighter financial supervision.(AFP/Frederick Florin)AFP - The European Union laid out ambitious goals on Tuesday to strengthen its economy as the European Commission proposed a joint EU-wide bond and ministers approved tighter financial supervision.


EU OKs new financial supervision deal (AP)

From left, European Central Bank President Jean Claude Trichet, Belgian Finance Minister Didier Reynders, and Spanish Finance Minister Elena Salgado speak during a meeting of EU finance ministers at the EU Council building in Brussels on Tuesday, Sept. 7, 2010. European finance ministers meet Tuesday to discuss taxes on banks. (AP Photo/Virginia Mayo)AP - The European Union agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.


Official: Obama to back more business tax breaks (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.


Official: Obama to back more business tax breaks (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.


The Treasury's New Research Office (BusinessWeek)

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...

Oil prices drop, weighed down by energy supplies (AFP)

World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.(AFP/DDP/File/Norbert Millauer)AFP - World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.


Stock futures drop on renewed European banking concerns (Reuters)

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - Stock index futures fell on Tuesday after reports on the European banking system rekindled concerns about the financial health of the region.


Using Che Guevara image riles some Cuban Americans (AP)

AP - Some Cuban Americans in south Florida are upset to see a picture of revolutionary Che Guevara promoting an irreverent car race.

All change at UK banks, Diamond gets top Barclays job (Reuters)

Barclays Plc President Bob Diamond makes his way to the U.S. Bankruptcy Court in New York June 22, 2010. REUTERS/Keith BedfordReuters - Change swept through the top of Britain's banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as chief executive and HSBC was expected to say its chairman is going into government.


AP analysis: Economic pain failed to ease in July (AP)

AP - Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.

Samsung warns DRAM oversupply on weak PC sales (Reuters)

Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.

20 most stressed, 20 least stressed counties (AP)

AP - Here are the 20 most economically stressed counties with populations of at least 25,000 and their July 2010 Stress scores, according to The Associated Press Economic Stress Index:

Haiti quake survivor returns home after 6 months (AP)

AP - Half-buried in rubble, Bazelais Suy struggled to breathe — a dead woman lay on his chest. He knew he had to get her off, fast. Because he could still move his arms, he somehow managed to remove his belt, loop it around the woman's own belt and drag her off. But his legs were still pinned.

Wrigley rooftops hurting as Cubs, economy struggle (AP)

In this photo taken Monday, Aug. 30, 2010, baseball fans are seen in one of the many rooftop venues outside Wrigley Field in Chicago and in the bleacher seats, foreground, to watch a baseball game between the Chicago Cubs and Pittsburgh Pirates. Like 'America's team' itself about this time every year, the fate of the famed rooftops beyond the Waveland and Sheffield walls is slumping. With the economy bad and the Cubs once again woeful, the club and bar owners offering a unique over-the-wall viewing experience are struggling financially, despite discounted tickets. About the only thing sustaining them is that the Cubs charge the most for ballpark tickets of any team in the Majors. (AP Photo/Charles Rex Arbogast)AP - The crowded rooftop bleachers overlooking Wrigley Field stand as proof that no matter how bad the Chicago Cubs played, the ballpark was simply not big enough to hold everyone who wanted to see them play.


Dems launch $2M pro-reform blitz (Politico)

Politico - The Health Information Center will run national ads touting the law and battling false information.

AIG seeks Sept 21 approval for AIA IPO: sources (Reuters)

Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.

No recession here: Election spending sets records (AP)

FILE - In this Sept. 1, 2010, file photo, California Republican gubernatorial candidate Meg Whitman speaks in Folsom, Calif.  This year's volatile election is bursting at the seams with money, setting fundraising and spending records in a high-stakes struggle for control of Congress amid looser but still fuzzy campaign finance rules.(AP Photo/Rich Pedroncelli, File)AP - Turns out politics, for all its focus on the gloomy economy, is a recession-proof industry.


Tropical Storm Hermine crosses into Texas (AP)

This NOAA GOES National Weather Service satellite image shows tropical storm Hermine. Hermine made landfall in far northeastern Mexico, threatening storm surges and tornadoes in the US-Mexico border area, US forecasters said.(AFP/NOAA-HO)AP - Tropical Storm Hermine rolled into south Texas early Tuesday, bringing heavy rains and strong winds to an area battered by Hurricane Alex earlier this summer.


Colorado wildfire destroys dozens of homes (AP)

Kurt Rieder, in white hat, with his 9 year old daughter Lily watch the smoke plume from a wildland fire burning in the Four Mile Canyon area just west of Boulder Colo. on Monday, Sept. 6, 2010. High winds pushed the smoke and ash eastward over the Colorado plains. (AP Photo/Peter M. Fredin)AP - A wind-whipped wildfire sent flames roaring through a rugged canyon in the Colorado foothills, forcing hundreds of people to flee and destroying dozens of homes — some that belonged to the firefighters themselves, authorities said early Tuesday.


Obama Unpopular Ahead of Midterms: Will the GOP Benefit? (Time.com)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningTime.com - Nine weeks before the midterm elections, Barack Obama finds himself on the wrong side of the polls. Where did all that adoration go -- and is a Republican sweep next?


Democrats Face GOP Election Day Tsunami in House, Senate (Time.com)

Time.com - There are still 60 days to go before Election Day but the smart money -- lots of it -- is on the GOP winning very, very big

Obama's Next Economic Plan: Don't Call It a Stimulus (Time.com)

Time.com - The President is coming up with programs and plans that sound just like additional stimulus. Just don't call it stimulus!

Boston Dawna, the Batman of Venice Beach, retires (AP)

Donna Chaet, better known as Boston Dawna, poses for a photo on Ocean Front Walk in Los Angeles' Venice Beach neighborhood Tuesday, Aug. 31, 2010.  Hipsters, hustlers, celebrities, thieves, dope peddlers and just about everyone else in gritty, quirky Venice Beach know Boston Dawna. You can't miss the one-woman crime fighter.  For nearly 40 years, she's cruised Venice, always on the lookout for lawbreakers.  (AP Photo/Reed Saxon)AP - Hipsters, hustlers, celebrities, thieves, dope peddlers and just about everyone else in gritty, quirky Venice Beach know Boston Dawna. You can't miss the one-woman crime fighter.


EU ministers bid to end row over banking taxes (Reuters)

European Central Bank President Jean-Claude Trichet (L) talks with Belgium's Finance Minister Didier Reynders (C) and Spain's Finance Minister Elena Salgado at the start of a EU finance ministers meeting in Brussels September 7, 2010. REUTERS/Thierry RogeReuters - European Union finance ministers made a fresh attempt on Tuesday to settle their differences over taxation of banks and trading as they prepared to approve the creation of new financial watchdogs.


As Democrats fear rout, Obama launches jobs push (AFP)

US President Barack Obama makes remarks on the economy at the Milwaukee Laborfest in Milwaukee, Wisconsin. Obama has pledged 50 billion dollars to create jobs in a massive transportation infrastructure campaign, targeting huge unemployment and ripping resurgent Republicans.(AFP/Tim Sloan)AFP - US President Barack Obama has pledged 50 billion dollars to create jobs in a massive transportation infrastructure campaign, targeting huge unemployment and ripping resurgent Republicans.


China seeks to avoid shouting matches with U.S. (Reuters)

Picture taken in 2005 shows caged battery hens in a chicken farm outside Minsk. The Dalai Lama has condemned battery hen farming and is urging consumers to switch to buying eggs from chickens kept outside of cages, a statement said Wednesday.(AFP/File/Viktor Drachev)Reuters - China wants to quell tensions with the United States through quiet talk, not shouting matches, a top diplomat told White House advisers on Tuesday, aiming to pave the way for a visit by President Hu Jintao early next year.


How the House would be won (Politico)

Politico - POLITICO outlines three categories of Democratic-controlled seats in play this fall.

Indian states crippled by trade union strike

A strike called by trade unions in India on Tuesday to protest against rising prices and alleged anti-labour policies crippled life in the east and south of the country in Communist-ruled states.

WTC steel columns to be installed at 9/11 museum (AP)

**  TO GO WITH WWII FORGOTTEN BATTLE  **  FILE - These undated file pictures show the city of Nagasaki as a teeming urban area, top, then flattened and desolate, bottom, following the Thursday, Aug. 9, 1945 detonation of an atomic bomb. Circles delineate the thousands of feet from ground zero. In recent years some historians have argued that a Soviet surprise attack on the Japanese army occupying eastern Asia served as effectively as, or possibly more than, the atomic bombs in ending the war. (AP Photo/File)AP - Steel columns salvaged from the rubble of the World Trade Center are heading back to ground zero.


Protest over fatal shooting by LAPD turns violent (AP)

AP - A protest over the fatal police shooting of a Guatemalan immigrant turned violent when some demonstrators threw bottles at officers, set trash cans on fire and refused to disperse.

Oil falls below $74 as traders look to US economy (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Oil prices fell to near $74 a barrel Tuesday in Asia as investors mull the strength of the U.S. economy and demand for crude.


Obama getting fewer judges confirmed than Nixon (AP)

US President Barack Obama makes remarks on the economy at the Milwaukee Laborfest in Milwaukee, Wisconsin. US Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge unemployment and ripping resurgent Republicans.(AFP/Tim Sloan)AP - A determined Republican stall campaign in the Senate has sidetracked so many of the men and women nominated by President Barack Obama for judgeships that he has put fewer people on the bench than any president since Richard Nixon at a similar point in his first term 40 years ago.


Oracle hires former HP's Mark Hurd (Reuters)

Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California, in this July 24, 2009 file photo. REUTERS/Fred Prouser/FilesReuters - Silicon Valley technology giant Oracle Corp has hired Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal, as president.


Justice department probes Google's ITA Software deal: report (Reuters)

People walk towards the Google China headquarters in Beijing March 23, 2010. REUTERS/Jason LeeReuters - The U.S. Justice department is looking into Google Inc's takeover of airline ticketing software firm ITA Software Inc, to determine whether the deal would exert too much influence on the online travel industry, the Wall Street Journal said.


Strong yuan would hurt China: economists (Reuters)

Reuters - China must resist external pressure for yuan appreciation because a stronger exchange rate would take a big bite out of economic growth, according to a pair of senior government researchers.

Imam behind NYC mosque back in US after Gulf trip (AP)

VIDEO: The proposed construction of a 100-million-dollar, 13-story mosque and Islamic center near Ground Zero in New York City, has stirred raw emotions in the United States as the country prepares to mark the ninth anniversary of the September 11 attacks. Duration: 01:00(afp.com)AP - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday.


United States tops Angola to reach quarterfinal

ISTANBUL (AP) — Before it can win a world championship, the United States needed to start looking like a world champion. Kevin Durant, Chauncey Billups and the rest of the Americans finally had that appearance yesterday, powering into the quarterfinals with a 121-66 victory over Angola.

District Polls Are Troubling Signs for Democrats (CQPolitics.com)

CQPolitics.com - While serious Democratic observers worry whether their party can somehow hang on to 218 seats in the House, more than a few Republican strategists and neutral observers have become convinced that the GOP is on the cusp of a stunning victory that could at least equal the party's 52-seat 1994 gain.

Spratt Tries to Budget for Fall Victory (CQPolitics.com)

CQPolitics.com - YORK, S.C. -- Rep. John M. Spratt Jr. had just finished opening the 27th annual Summerfest fair here in his hometown when he came face to face with a former donor who was, at that moment, only interested in giving the Congressman a piece of his mind.

States drafting river rules

HARTFORD, Conn. (AP) -- Water is plentiful, but that's not stopping several New England states from drafting regulations to ensure it's available despite droughts, heat spells and development pressures.

Obama assails GOP, promotes new jobs program (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.


Obama assails GOP, promotes new jobs program (AP)

President Barack Obama speaks on the economy at the Milwaukee Laborfest in Milwaukee, Monday, Sept. 6, 2010. (AP Photo/Pablo Martinez Monsivais)AP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.


Plane crash on NV street kills 1, injures 3 (AP)

In this framegrab made from video provided by KTNV via APTN, wreckage of a single-engine Piper Cherokee on a residential street in Henderson, Nev. The small plane crashed and burst into flames on a street in a southern Nevada residential neighborhood Monday, killing one person and badly injuring three others, authorities said. (AP Photo/KTNV via APTN)AP - A small plane crashed and burst into flames on a street in a southern Nevada residential neighborhood Monday, killing one person and badly injuring three others, authorities said.


Obama to propose plant, equipment tax write-off (Reuters)

Reuters - President Barack Obama will propose on Wednesday that businesses be allowed to write off all their new investments in plant and equipment through 2011, an administration official said on Monday.

Little Rock 9 member Jefferson Thomas dies in Ohio (AP)

FILE - Jefferson Thomas in 1957, one of  nine African American who integrated Little Rock Central High School while federal troops patrolled the campus, is seen in an 1957 file photo. Jefferson Thomas died Sunday, Sept. 5, 2010 in Columbus, Ohio, said fellow Little Rock Nine member Minnijean Trickey Brown. He was 68. (AP Photo, File)AP - Jefferson Thomas was fast and athletic and often played pickup basketball with white students while growing up in Little Rock in the 1950s.


The United States Sees Its Tennis Identity Fade

While countries like Spain produce players with similar styles, the United States has struggled to develop young stars.

Army: Ex-soldier takes 3 hospital workers hostage (AP)

AP - A former Army soldier seeking help for mental problems at a Georgia military hospital took three workers hostage at gunpoint Monday before authorities persuaded him to surrender.

Rep. Frank faces town hall foe in Mass. primary (AP)

FILE - In this Monday, April 6, 2009 file photo, U.S. Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, addresses an audience at the John F. Kennedy School of Government, on the campus of Harvard University, in Cambridge, Mass. Frank faces opposition in the Sept. 14, 2010 primary.   (AP Photo/Steven Senne, File)AP - Massachusetts Rep. Barney Frank's retort was an Internet sensation.


US won't say if blowout preventer on way to shore (AP)

Oil drums are seen sitting in flood waters in the town of Shepparton, 220 km (137 miles) north of Melbourne September 7, 2010. Oil extended losses on Tuesday as the dollar strengthened and Tropical Storm Hermine showed no signs of disrupting crude or refining output around the Gulf of Mexico.
REUTERS/Mick Tsikas    (AUSTRALIA - Tags: BUSINESS ENERGY)AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.


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