Archive for June, 2010

House OKs sweeping bank rules; Senate vote awaits (AP)

House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., leaves after speaking on Capitol Hill in Washington, Wednesday, June 30, 2010, after The House passed a massive overhaul of financial regulations.  (AP Photo/Lauren Victoria Burke)AP - Nearly two years after a Wall Street meltdown left the economy reeling, the House on Wednesday passed a massive overhaul of financial regulations that would extend the government’s reach from storefront thrifts to the executive suites of Manhattan.

Obama takes on election-year fears over big debt (AP)

President Barack Obama acknowledges the crowd during a town hall meeting, Wednesday, June 30, 2010, in Racine, Wis. (AP Photo/M. Spencer Green)AP - Sensitive to election-year resentment over big government, President Barack Obama declared Wednesday he intends to get “our debt and our deficits under control.” With fears alive of a double-dip recession, Obama warned that he won’t slash spending at the expense of the economic rebound.

Alex hits Mexico’s Gulf coast as Cat 2 hurricane (AP)

Sand blows across a tiger dam on a beach as the outer edges of Tropical Storm Alex approach the Louisiana coast in Grand Isle, La., Tuesday, June 29, 2010. The dam is expected to protect the island's beaches from oil that washes ashore from April's Deepwater Horizon oil rig explosion and spill in the Gulf of Mexico. (AP Photo/Patrick Semansky)AP - Hurricane Alex made landfall on Mexico’s Gulf coast as a powerful Category 2 storm Wednesday, spawning tornadoes in nearby Texas, forcing evacuations in both countries and whipping up high waves that frustrated oil-spill cleanup efforts and pushed crude onto beaches.

Elian Gonzalez says he’s happy at home in Cuba (Reuters)

Reuters - Elian Gonzalez, the Cuban castaway boy who became the object of an international custody battle a decade ago in Miami, said on Wednesday he was happy he ended up back in Cuba.

Brown cuts backroom deals he campaigned against (AP)

Sen. John Kerry, D-Mass., left, leans over to talk to Sen. Scott Brown, R-Mass, on Capitol Hill in Washington, Monday, June 28, 2010. prior to their introduction statements on behalf of Supreme Court nominee Elena Kagan during her confirmation hearing before the Senate Judiciary Committee. (AP Photo/Susan Walsh)AP - Republican Scott Brown owes his election in part to the public furor over the so-called Cornhusker Kickback, the backroom deal that Sen. Ben Nelson of Nebraska struck for his vote to pass the health care bill. Now he is following Nelson’s example, winning concessions in the financial overhaul bill on behalf of Massachusetts banks.

Men face assault charges after dog doo dispute (AP)

AP - Three men face assault charges after they allegedly attacked an off-duty Harrisburg police officer in a dispute over dog waste. Police said brothers Matthew Stauffer, 33, and Daniel Stauffer, 31, attacked police Officer John Doll earlier this month.

AP Source: Tiger Woods interviewed in Galea probe (AP)

Tiger Woods hits out of a bunker on the 14th hole during the Pro-Am at the AT&T National golf tournament at the Aronimink Golf Club, Wednesday, June 30, 2010, in Newtown Square, Pa. (AP Photo/Matt Slocum)AP - Tiger Woods has been interviewed by federal authorities investigating a Canadian doctor accused of distributing human growth hormone, a person familiar with the investigation told The Associated Press on Wednesday.

Oldest US postal worker retires in Calif. at 95 (AP)

AP - It wasn’t snow nor rain nor heat nor gloom of night that stopped Chester Arthur Reed from his appointed round. The mail handler just felt it was time to call it quits at age 95.

Hurricane Alex spins past oil rigs toward Mexico (Reuters)

Sand blows across a tiger dam on a beach as the outer edges of Tropical Storm Alex approach the Louisiana coast in Grand Isle, La., Tuesday, June 29, 2010. The dam is expected to protect the island's beaches from oil that washes ashore from April's Deepwater Horizon oil rig explosion and spill in the Gulf of Mexico. (AP Photo/Patrick Semansky)Reuters - Alex strengthened into a Category 2 hurricane in the Gulf of Mexico on Wednesday and was due to hit the Mexican coast in a few hours, but it stayed clear of oil fields to the relief of crude markets.

Gen. Petraeus confirmed as new U.S. Afghan commander (Reuters)

U.S. General David Petraeus testifies before the Senate armed services committee during his confirmation hearing to become commander of U.S. forces in Afghanistan on Capitol Hill in Washington June 29, 2010. REUTERS/Kevin LamarqueReuters - The U.S. Senate unanimously voted on Wednesday to confirm David Petraeus as commander of the troubled Afghan war, pinning U.S. hopes on the four-star general who helped turn around the conflict in Iraq.