MLC FLASH NEWS

July 31, 2009

Congress moves to extend autos ‘clunkers’ plan

Filed under: Gadgets — Reuters: Top News @ 1:13 am

WASHINGTON/DETROIT (Reuters) - The U.S. Congress moved to triple the funding for the government’s successful “Cash for Clunkers” auto rebate program, which has brought car buyers back into showrooms and raised the outlook for an industry beset by abysmal sales, bankruptcies and job cuts.

July 30, 2009

Senate hits another snag on healthcare

Filed under: Gadgets — Reuters: Top News @ 12:34 am

WASHINGTON (Reuters) - With polls showing public support for President Barack Obama’s healthcare reform waning, Senate negotiators hit another snag on Thursday when a key Finance Committee Republican said the panel would not be ready to vote until September.

July 29, 2009

Microsoft and Yahoo in 10-year Web search partnership

Filed under: Gadgets — Reuters: Top News @ 7:31 am

NEW YORK (Reuters) - Microsoft Corp and Yahoo Inc inked a 10-year Web search deal to better compete against market leader Google Inc but stopped short of combining their display advertising businesses.

July 28, 2009

House Democrats reach deal on healthcare bill

Filed under: Gadgets — Reuters: Top News @ 10:18 pm

WASHINGTON (Reuters) - Democratic leaders in the U.S. House of Representatives have reached a deal with a group of fiscal conservatives in their own party on how to move forward with healthcare legislation, a leading lawmaker said on Tuesday.

Obama Supreme Court pick Sotomayor clears panel

Filed under: Gadgets — Reuters: Top News @ 11:47 am

WASHINGTON (Reuters) - President Barack Obama’s nominee Sonia Sotomayor won the backing of the Senate Judiciary committee on Tuesday, all but ensuring she will become the first Hispanic justice on the U.S. Supreme Court.

U.S. home prices see first rise in three years

Filed under: Gadgets — Reuters: Top News @ 8:25 am

NEW YORK (Reuters) - U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor’s/Case Shiller home price indexes on Tuesday.

July 27, 2009

Obama calls for deeper U.S.-Chinese ties

Filed under: Gadgets — Reuters: Top News @ 12:09 pm

WASHINGTON (Reuters) - U.S. and Chinese officials began grappling on Monday with how and when to withdraw the huge economic stimulus spending each has applied and to put in place measures to promote steadier long-term growth.

Afghanistan says strikes Taliban truce in remote area

Filed under: Gadgets — Reuters: Top News @ 7:19 am

ceasefire with the Taliban in a remote province before a presidential election next month, the government said on Monday, but the truce lasted only hours before clashes broke out.

July 26, 2009

Bernanke takes his message to the heartland

Filed under: Gadgets — Reuters: Top News @ 9:59 pm

KANSAS CITY, Missouri (Reuters) - The U.S. jobless rate is likely to stay high even once the nation exits recession some time in the next few months, Federal Reserve Chairman Ben Bernanke said on Sunday.

Clinton urges North Korea to return to talks

Filed under: Gadgets — Reuters: Top News @ 12:30 pm

WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton said on Sunday that major powers wanted North Korea to return to negotiations over its nuclear program but would not reward any provocative actions.

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