Monthly Archives: June 2011

CARACAS (AFP) – Venezuelan President Hugo Chavez admitted to having had a cancerous tumor removed, ending weeks of speculation over his condition and unprecedented absence from public life. “Studies confirmed the existence of a tumor with cancerous cells,” Chavez said … Continue reading →

WASHINGTON (Reuters) – Factory activity in the U.S. Midwest accelerated in June, fostering hopes for a pick-up in economic growth in the third quarter, despite signs of lingering weakness in the labor market. The Institute for Supply Management-Chicago said on … Continue reading →

ATLANTA (Reuters) – The aeronautics unit of Lockheed Martin Corp, the Pentagon’s No. 1 supplier by sales, said on Thursday that it plans to cut about 1,500 jobs to reduce costs in response to a flattening of U.S. defense spending. … Continue reading →

NEW YORK (Reuters) – The rules of Treasury auctions may not sound like the stuff of high-stakes diplomacy. But a little-noticed 2009 change in how Washington sells its debt sheds new light on America’s delicate balancing act with its biggest … Continue reading →

CARACAS (Reuters) – Venezuela’s flamboyant socialist leader Hugo Chavez said on Thursday he had undergone an operation to remove a cancerous tumor, posing a serious challenge to his near-total dominance of national politics. The announcement, which confirmed rumors swirling for … Continue reading →

CARACAS, Venezuela – Venezuelan President Hugo Chavez revealed Thursday night that he is fighting cancer after having a tumor removed in Cuba, but assured his countrymen that he is doing well as he sought to cool growing questions about his … Continue reading →

WASHINGTON – The Senate canceled its planned July Fourth recess on Thursday, but partisan divisions remained razor sharp as the clock ticked on efforts to strike a deal to avoid a government default and trim huge federal deficits. A day … Continue reading →

NEW YORK – Prosecutors have serious questions about the credibility of a hotel housekeeper who has accused former International Monetary Fund leader Dominique Strauss-Kahn of raping her, and they are taking the extraordinary step of seeking a substantial reduction in … Continue reading →