Monthly Archives: July 2011

Brazil will be ‘transformed’ by 2014

Written on July 29, 2011 by Editor - Sports News

RIO DE JANEIRO (AFP) – Although the vast country faces a race against the clock to have everything ready in time, Brazil will be a country transformed come the 2014 World Cup, which it will host, organisers insisted Friday. A … Continue reading →

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Steelers LB Harrison apologizes for comments (AP)

Written on July 29, 2011 by Editor - Sports News

LATROBE, Pa. – James Harrison is an emotional guy. Always has been. The Pittsburgh Steelers linebacker plays with an intensity few in the NFL can match. Yet the four-time Pro Bowler knows that fury has its limits, and Friday he … Continue reading →

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Manning expected to miss camp opening (AP)

Written on July 29, 2011 by Editor - Sports News

Peyton Manning never misses a game and hardly snap. That’s in the regular season. The Indianapolis Colts expect to begin training camp practices Monday without their star quarterback, who not only is coming off neck surgery, but doesn’t have a … Continue reading →

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Clemens accuses prosecutors of provoking mistrial (AP)

Written on July 29, 2011 by Editor - Sports News

WASHINGTON – Former baseball star Roger Clemens is asking a judge to throw out his indictment on charges of lying to Congress and prevent him from being tried a second time. Two weeks ago Clemens’ trial abruptly ended in a … Continue reading →

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House approves debt bill; Senate ready to reject

Written on July 29, 2011 by Editor - Finance Top Stories

House Speaker John Boehner of Ohio, leaves the House Chamber on Capitol Hill in Washington, Friday, July 29, 2011, after House passage of his debt-limit legislation that was rewritten overnight to win the support of conservative holdouts. (AP Photo/J. Scott … Continue reading →

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Will a chastened Murdoch prove good for News Corp? (AP)

Written on July 29, 2011 by Editor - Stock Markets News

NEW YORK – For long-suffering shareholders of News Corp., there may be a silver lining in the phone-hacking scandal: A chastened Rupert Murdoch. A sort of real-life Citizen Kane, the 80-year-old CEO has amassed dozens of newspapers and TV businesses … Continue reading →

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Weak growth, debt standoff punish US stocks (AFP)

Written on July 29, 2011 by Editor - Stock Markets News

NEW YORK (AFP) – US stocks sank on Friday, weighed down by an unexpectedly negative report on the country’s economic growth and nervousness over the debt-ceiling battle in Washington. The Dow Jones Industrial Average fell 96.87 points (0.79 percent) to … Continue reading →

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US stocks suffer worst week of year (AFP)

Written on July 29, 2011 by Editor - Stock Markets News

NEW YORK (AFP) – US stocks had their worst week of 2011 amid fears that the debt-ceiling impasse in Washington would provoke a ruinous default or a downgrade of the United States’ credit rating. The Dow Jones Industrial Average tumbled … Continue reading →

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Summary Box: Stocks fall as debt talks drag on (AP)

Written on July 29, 2011 by Editor - Stock Markets News

NO DEAL: House Republicans were unable to pass a bill that would raise the nation’s debt limit before the market closed Friday. Investors are now hoping that Congress and the White House will reach a compromise over the weekend to … Continue reading →

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Wall Street Week Ahead: Debt and data suggest more losses (Reuters)

Written on July 29, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship. Anxiety over the debt crisis sent the … Continue reading →

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