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Business News for Wednesday February 8, 2012
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Washington President Barack Obama will take to the Rose Garden on Monday to make a pitch for his jobs creation plan and announce he is sending it to Congress later that evening, the White House said.
Obama will be joined by teachers, veterans, small-business owners and others who would benefit from the American Jobs Act's passage, the White House said Sunday.
Obama hit the road Friday to rally p.. more
Washington U.S. officials have "specific, credible but unconfirmed" information about a potential al Qaeda threat against the United States coinciding with the 10th anniversary of the September 11 terrorist attacks.
"We have received credible information very recently about a possible plot directed at the homeland that seems to be focused on New York and Washington, D.C.," a senior administration.. more
Washington Former Massachusetts Gov. Mitt Romney will unveil his jobs plan in North Las Vegas on Tuesday, the latest among Republican presidential hopefuls to come out with a proposal to grow the economy and boost employment.
Also Tuesday, Romney announced his economic team for the election campaign, including two former top advisers to President George W. Bush -- R. Glenn Hubbard and Gregory Man.. more
San Francisco Police officials said they helped Apple investigators, who searched a man's home here recently.
They were reportedly looking for a prototype of the next iPhone that an Apple employee left in a bar in San Francisco's Mission neighborhood, according to CNET. Apple had contacted the police claiming the prototype is invaluable, the report says.
Four San Francisco Police officers escort.. more
Tripoli, Libya Six months after a ragtag group of poorly trained rebels set out to topple the Libyan regime, the fighters appeared Monday to be on the brink of ending Moammar Gadhafi's 42-year rule.
On Monday, rebel forces were engaged in a barrage of clashes with Gadhafi forces on the leader's home turf, Tripoli.
"A great majority of the capital of Tripoli is under freedom fighters' control," s.. more
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For the third time in a year, Japan's government has intervened in the yen, its unit of currency, according to Japan's finance minister.
"While Japan is dealing with the reconstruction of the tsunami zone, if the surging of the yen continues, it could negatively affect Japan's economy and financial stability," Finance Minister Yoshihiko Noda told reporters. "Therefore, Japan has intervened in the.. more
Washington Speaker John Boehner's plan that would raise the nation's debt ceiling and enact sweeping cuts in government spending could come up for a vote on Friday after House Republicans called off a vote late Thursday.
"Members are advised that there will be NO VOTES in the House tonight," said a message from House Majority Whip Kevin McCarthy's office. "We apologize for the late notice."
The .. more
London Two former top executives of News of the World have accused James Murdoch of having given "mistaken" evidence to a parliamentary committee about a settlement to Gordon Taylor, chief executive of the Professional Footballers Association.
The editor of the News of the World at the time it folded on July 10, Colin Myler, and the paper's former head of legal affairs, Tom Crone, said they had t.. more
London The widening phone-hacking scandal that brought down one of Britain's biggest newspapers claimed two more casualties Sunday as authorities arrested the paper's former editor, Rebekah Brooks, and London's police chief announced plans to resign.
"As commissioner, I carry ultimately responsibility for the position we find ourselves in. With hindsight, I wish we had juggled some matters involv.. more
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