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Obama and McCain dodge questions on VPs

MARTINSVILLE, Virginia, Aug. 20, 2008 (Reuters) — Democrat Barack Obama and Republican John McCain dodged questions about their looming vice presidential picks on Wednesday as they renewed their battle over who has the best judgment on national security and the economy. ...  > full story
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Food prices to post biggest rise since 1990: USDA

WASHINGTON, Aug. 20, 2008 (Reuters) — U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday. ...  > full story
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About 145 killed in Madrid airport plane crash

MADRID, Aug. 20, 2008 (Reuters) — About 145 people were killed when a Spanish jet taking holidaymakers to the Canary Islands crashed on takeoff and burst into flames at Madrid airport on Wednesday, an emergency services spokesman said. ...  > full story
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Moscow promises response to U.S. missile deal

WARSAW, Aug. 20, 2008 (Reuters) — The United States and Poland signed a deal on Wednesday to station parts of a U.S. missile defense shield on Polish soil, drawing a sharp response from Moscow. ...  > full story
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Storm Fay drenches space shuttle port in Florida

MIAMI, Aug. 20, 2008 (Reuters) — Tropical Storm Fay slowly weakened as it drenched Florida's east coast around the U.S. space shuttle fleet's home port of Cape Canaveral on Wednesday, and appeared less likely to reach hurricane strength than it had the day before. ...  > full story
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No timetable in draft deal on U.S. troops: Iraq

BAGHDAD, Aug. 20, 2008 (Reuters) — U.S. and Iraqi negotiators completed a draft deal on Wednesday to give U.S. troops a legal basis to stay in Iraq after 2008, without setting out a timetable for their withdrawal, Iraq's top negotiator said. ...  > full story
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Fannie, Freddie shares dive on bailout fears

NEW YORK, Aug. 20, 2008 (Reuters) — Investors dumped shares of Fannie Mae and Freddie Mac , driving them to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out the stock value of the two U.S. housing finance giants. ...  > full story
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U.S. speaks out against Iraqi special forces raid

ARBIL, Iraq, Aug. 20, 2008 (Reuters) — The U.S. military spoke out on Wednesday against a deadly Iraqi special forces raid on the governor's office in one of the country's most restive provinces, saying it was a "rogue operation." ...  > full story
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McCain takes lead over Obama: poll

WASHINGTON, Aug. 20, 2008 (Reuters) — In a sharp turnaround, Republican John McCain has opened a 5-point lead on Democrat Barack Obama in the U.S. presidential race and is seen as a stronger manager of the economy, according to a Reuters/Zogby poll released on Wednesday. ...  > full story
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Russian trucks trickle out of Georgia

VERKHNY ZARAMAG, Russia, Aug. 20, 2008 (Reuters) — Russian military trucks trickled back into Russia from Georgia on Wednesday but no armored vehicles or artillery passed and there was no sign of the large-scale rapid pullout demanded by the West. ...  > full story
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World News

About 145 killed in Madrid airport plane crash

MADRID, Aug. 20, 2008 (Reuters) — About 145 people were killed when a Spanish jet taking holidaymakers to the Canary Islands crashed on takeoff and burst into flames at Madrid airport on Wednesday, an emergency services spokesman said. ...  > full story

Zambian VP takes charge, will call fresh polls

LUSAKA, Aug. 20, 2008 (Reuters) — Zambian Vice President Rupiah Banda, a prominent businessman, has taken over as head of government after the death of President Levy Mwanawasa and will call early elections, officials said on Wednesday. ...  > full story

Russia circulates own draft U.N. resolution

UNITED NATIONS, Aug. 20, 2008 (Reuters) — Russia circulated its own draft U.N. resolution aimed at bringing peace to Georgia to the Security Council on Wednesday, a day after blocking a rival Western draft that demanded an immediate Russian withdrawal. ...  > full story

Iran says talks with IAEA "positive"

TEHRAN, Aug. 20, 2008 (Reuters) — Iran described talks with a top U.N. inspector over its nuclear program -- which the West fears is a cover to build atomic bombs -- as "positive," the official IRNA news agency reported on Wednesday. ...  > full story

Politics

Rice says Russian missile shield reaction "bizarre"

WARSAW, Aug. 20, 2008 (Reuters) — U.S. Secretary of State Condoleezza Rice said on Wednesday that Russia's reaction to the U.S.-Polish missile shield agreement "borders on the bizarre" but denied Washington wanted a confrontation with Moscow. ...  > full story

Iraq mustn't let Kirkuk feud sink polls, U.S. says

ARBIL, Iraq, Aug. 20, 2008 (Reuters) — Iraqi politicians must not let a bitter feud over the oil-rich city of Kirkuk stand in the way of provincial elections expected to redraw the country's political map, the U.S. ambassador in Baghdad said on Wednesday. ...  > full story

Obama and McCain dodge questions on VPs

MARTINSVILLE, Virginia, Aug. 20, 2008 (Reuters) — Democrat Barack Obama and Republican John McCain dodged questions about their looming vice presidential picks on Wednesday as they renewed their battle over who has the best judgment on national security and the economy. ...  > full story

Biden, Romney and Pawlenty deemed top VP picks

WASHINGTON, Aug. 20, 2008 (Reuters) — With speculation over U.S. vice presidential picks at a boil, prediction markets on Wednesday judged Democrat Joseph Biden and Republicans Mitt Romney and Tim Pawlenty most likely to get the nod. ...  > full story

Business

Wall St rises on HP results, rebound in banks

NEW YORK, Aug. 20, 2008 (Reuters) — U.S. stocks rose on Wednesday after Hewlett-Packard posted reassuring results and bank shares rebounded, even as investors dumped Fannie Mae and Freddie Mac on fears of an imminent government bailout of the housing finance companies. ...  > full story

U.S. judge approves suit against Bristol-Myers

NEW YORK, Aug. 20, 2008 (Reuters) — A U.S. judge ruled in favor of shareholders suing Bristol-Myers Squibb about its disclosures while settling patent litigation with Canadian generic drug maker Apotex Inc over the blood-thinner Plavix. ...  > full story

Buffett, Gates tour Canadian oil sands operation

CALGARY, Alberta, Aug. 20, 2008 (Reuters) — Warren Buffett and Bill Gates, two of the world's richest men, toured Canadian Natural Resources Ltd's Horizon oil sands project near Fort McMurray, Alberta, this week. ...  > full story

Regulator to help IndyMac mortgage borrowers

WASHINGTON, Aug. 20, 2008 (Reuters) — Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators. ...  > full story

Science

Addiction drug reverses obesity in rats

WASHINGTON, Aug. 20, 2008 (Reuters) — An epilepsy drug being tested for use in treating addiction can help obese rats shed weight, government researchers said on Wednesday. ...  > full story

Storm Fay drenches space shuttle port in Florida

MIAMI, Aug. 20, 2008 (Reuters) — Tropical Storm Fay slowly weakened as it drenched Florida's east coast around the U.S. space shuttle fleet's home port of Cape Canaveral on Wednesday, and appeared less likely to reach hurricane strength than it had the day before. ...  > full story

"Bigfoot" was rubber gorilla costume

LOS ANGELES, Aug. 20, 2008 (Reuters) — No wonder Bigfoot failed a DNA test. Researchers said on Tuesday the hairy heap claimed by two men to be the corpse of the mythical half-ape, half-human creature was actually a full-body rubber gorilla costume. ...  > full story

Stem cell test to help treat bowel cancer

LONDON, Aug. 19, 2008 (Reuters) — Stem cell scientists have developed a new and more accurate way of spotting aggressive forms of bowel cancer, allowing for tailored treatment that should improve patients' chances of survival. ...  > full story

Entertainment

Rumer Willis joins the "family business"

LOS ANGELES, Aug. 20, 2008 (Reuters) — When she first set foot on a movie set as a child, Rumer Willis, daughter of Demi Moore and Bruce Willis, knew she wanted to be a part of the "family business," even though she didn't fit the image of a Hollywood celebrity. ...  > full story

Oasis digs down to basics on new album

NEW YORK, Aug. 20, 2008 (Billboard) — British band Oasis gets back to its stripped-down rock roots on its upcoming album, "Dig Out Your Soul." ...  > full story

Metallica christening Berlin's O2 arena

LONDON, Aug. 20, 2008 (Billboard) — American heavy metal band Metallica will launch its album "Death Magnetic" with two budget-priced shows in Europe, including the first show at the new 17,000-capacity O2 World arena in Berlin. ...  > full story

"Little" takes Jonas Bros. to top of album chart

NEW YORK, Aug. 20, 2008 (Billboard) — Boy-band rock trio the Jonas Brothers have landed atop the U.S. album chart for the first time with their third full-length release, "A Little Bit Longer." ...  > full story

Sports

NASCAR punishes Gibbs team for breaking rules

NEW YORK, Aug. 20, 2008 (Reuters) — NASCAR punished Joe Gibbs Racing on Wednesday for rules violations after inspectors found the Nationwide Series cars driven by Tony Stewart and Joey Logano had been tampered with to mask their horsepower. ...  > full story

King Kobe rules "Bling Dynasty" in China

BEIJING, Aug. 20, 2008 (Reuters) — There is a story about Kobe Bryant once flying into China in a private jet and being unable to get off the plane for fear of being crushed by fans. ...  > full story

"Lightning" Bolt strikes again in Beijing

BEIJING, Aug. 20, 2008 (Reuters) — Jamaica's Usain "Lightning" Bolt roared to gold in the 200 meters on Wednesday to become the first man since Carl Lewis in 1984 to win an Olympic sprint double. ...  > full story

Jamaica and U.S. set to battle it out in sprints

BEIJING, Aug. 20, 2008 (Reuters) — The latest round of Jamaica's sprint battle with the United States in the women's 200 meters and Jeremy Wariner's 400m clash with fellow American LaShawn Merrit are the highlights of Thursday's athletics program. ...  > full story
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