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Stocks tumble as Dell warns on tech spending

NEW YORK, Aug. 29, 2008 (Reuters) — U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending. ...  > full story
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Alabama governor in talks to avoid local bankruptcy

BIRMINGHAM, Alabama, Aug. 29, 2008 (Reuters) — Alabama's governor and Wall Street lenders bargained on Friday ahead of the expiration of a stand-still pact in a bid to avert a bankruptcy filing on $3.2 billion of debt by the state's most populous county. ...  > full story
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Gustav strengthens back into hurricane

GEORGE TOWN, Aug. 29, 2008 (Reuters) — Gustav strengthened back into a hurricane in the warm Caribbean on Friday as it left flooded Jamaica and churned toward the Cayman Islands, headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans. ...  > full story
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Bush declares storm emergency in Louisiana

WASHINGTON, Aug. 29, 2008 (Reuters) — President George W. Bush on Friday declared an emergency in Louisiana as Tropical Storm Gustav headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans. ...  > full story
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McCain picks Palin as surprise No. 2

DAYTON, Ohio, Aug. 29, 2008 (Reuters) — Republican John McCain made a surprise choice of Alaska Gov. Sarah Palin as his running mate on Friday, adding a political unknown to the presidential ticket who could help him appeal to women voters. ...  > full story
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Consumer spending flags, but confidence rises

WASHINGTON, Aug. 29, 2008 (Reuters) — Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes. ...  > full story
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Obama vows to reverse Bush-McCain legacy

DENVER, Aug. 29, 2008 (Reuters) — Barack Obama launched a sharp assault on Republican presidential rival John McCain on Thursday with a promise to reverse the economic failures of the past eight years and restore America's global reputation. ...  > full story
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Electric fault spurs big GM recall

DETROIT, Aug. 29, 2008 (Reuters) — General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal safety regulators. ...  > full story
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GM offers early retirement to U.S. salaried staff

DETROIT, Aug. 29, 2008 (Reuters) — General Motors Corp is offering early retirement incentives to about 28 percent of its U.S. salaried work force as part of its effort to reduce payroll expenses and conserve cash. ...  > full story
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New Orleans marks Katrina anniversary as Gustav looms

NEW ORLEANS, Aug. 29, 2008 (Reuters) — Residents of New Orleans paused on Friday to mark the third anniversary of Hurricane Katrina's devastating blow even as another potentially deadly storm churned their way. ...  > full story
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World News

Gaza activists say will run Israel blockade again

LARNACA, Cyprus, Aug. 29, 2008 (Reuters) — Foreign activists who sailed to Gaza last week to protest against an Israeli blockade of the enclave said on Friday they planned to do it again within a month. ...  > full story

Gustav strengthens back into hurricane

GEORGE TOWN, Aug. 29, 2008 (Reuters) — Gustav strengthened back into a hurricane in the warm Caribbean on Friday as it left flooded Jamaica and churned toward the Cayman Islands, headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans. ...  > full story

Hezbollah gunman shot Lebanon army aircraft: sources

BEIRUT, Aug. 29, 2008 (Reuters) — Lebanon's Hezbollah turned over to the authorities on Friday one of its gunmen who shot at an army helicopter and killed its pilot, security sources said. ...  > full story

Vatican warns of growing "Christianophobia"

ROME, Aug. 29, 2008 (Reuters) — "Christianophobia" is a growing problem around the world and it must be fought with the same determination as anti-Semitism or Islamophobia, the Vatican said on Friday. ...  > full story

Politics

U.S. to make election history one way or another

WASHINGTON, Aug. 29, 2008 (Reuters) — Come January 20, 2009, history will be made in the United States: Either the first black president will be sworn into office or the first female vice president will take the oath. ...  > full story

Obama acceptance speech TV ratings far exceed past

LOS ANGELES, Aug. 29, 2008 (Reuters) — Over 38 million Americans watched TV coverage of Barack Obama accepting his party's nomination for president on Thursday, far more than tuned in for the acceptance speeches of past Democratic contenders. ...  > full story

Democratic attacks "out-and-out false": White House

WASHINGTON, Aug. 29, 2008 (Reuters) — The White House on Friday decried as "out-and-out false" some of the criticism leveled against President George W. Bush at the Democratic convention, where Barack Obama was named the party's presidential nominee. ...  > full story

Bush declares storm emergency in Louisiana

WASHINGTON, Aug. 29, 2008 (Reuters) — President George W. Bush on Friday declared an emergency in Louisiana as Tropical Storm Gustav headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans. ...  > full story

Business

Boeing machinists union says members should strike

CHICAGO, Aug. 29, 2008 (Reuters) — Boeing Co's largest labor union said on Friday it would advise its members to reject the company's final contract proposal, a move that could set the stage for a crippling labor strike next week. ...  > full story

Stocks tumble as Dell warns on tech spending

NEW YORK, Aug. 29, 2008 (Reuters) — U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending. ...  > full story

Palin, drilling advocate, spars with oil companies

NEW YORK, Aug. 29, 2008 (Reuters) — Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a hard line in negotiations with oil companies and raised taxes on the state's energy producers. ...  > full story

Alabama governor in talks to avoid local bankruptcy

BIRMINGHAM, Alabama, Aug. 29, 2008 (Reuters) — Alabama's governor and Wall Street lenders bargained on Friday ahead of the expiration of a stand-still pact in a bid to avert a bankruptcy filing on $3.2 billion of debt by the state's most populous county. ...  > full story

Science

Gustav strengthens back into hurricane

GEORGE TOWN, Aug. 29, 2008 (Reuters) — Gustav strengthened back into a hurricane in the warm Caribbean on Friday as it left flooded Jamaica and churned toward the Cayman Islands, headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans. ...  > full story

Why it's so hard to swat a fly

CHICAGO, Aug. 29, 2008 (Reuters) — The brains of flies are wired to avoid the swatter, U.S. researchers said on Thursday. ...  > full story

Scientists find ancient lost settlements in Amazon

WASHINGTON, Aug. 28, 2008 (Reuters) — A vast region of the Amazon forest in Brazil was home to a complex of ancient towns in which about 50,000 people lived, according to scientists assisted by satellite images of the region. ...  > full story

Canada wants more study on polar bear protection

INUVIK, Northwest Territories, Aug. 28, 2008 (Reuters) — Canada, criticized by environmentalists for not adequately protecting polar bears from the effects of climate change, said on Thursday it will take more time study its next step. ...  > full story

Entertainment

Kenny Rogers releases exclusive hits collection

NASHVILLE, Aug. 29, 2008 (Billboard) — Seventy-year-old superstar Kenny Rogers is celebrating 50 years in the music business and has invited Cracker Barrel Old Country Stores along for the fun. ...  > full story

Detective to stars, attorney guilty of wiretapping

LOS ANGELES, Aug. 29, 2008 (Reuters) — A private detective who once worked for Hollywood stars and a prominent attorney were convicted on Friday of federal wiretapping and conspiracy charges in a case stemming from billionaire Kirk Kerkorian's bitter child support dispute. ...  > full story

Hollywood asks: who needs Harry Potter?

LOS ANGELES, Aug. 29, 2008 (Reuters) — Boy wizard Harry Potter won't be whipping up his magic when the fall film season begins next week, but Hollywood is hoping momentum from summer hits like "The Dark Knight" and a wide mix of new movies will keep audiences happy into the holidays. ...  > full story

Michael Jackson turns 50, shadow of a superstar

LOS ANGELES, Aug. 29, 2008 (Reuters) — Singer Michael Jackson turned 50 on Friday, a shadow of the superstar once known as the "King of Pop" whose records thrilled millions before his bizarre personal life eclipsed his musical brilliance. ...  > full story

Sports

Former F1 champion Phil Hill dead at 81

LONDON, Aug. 29, 2008 (Reuters) — Phil Hill, who in 1961 became the first American driver to win the Formula One world title, has died in California aged 81, his former Ferrari team said on Friday. ...  > full story

Bolt untouchable on Golden League return

ZURICH, Aug. 29, 2008 (Reuters) — Triple Olympic champion Usain Bolt confirmed his domination of the sprints on Friday with a comfortable 100 meters victory at the Weltklasse Golden League meeting. ...  > full story

Ankle operation for Spurs guard Ginobili

MIAMI, Aug. 29, 2008 (Reuters) — San Antonio Spurs guard Manu Ginobili will undergo ankle surgery next week, the team said on Friday. ...  > full story

Federer overcomes plucky Alves challenge

NEW YORK, Aug. 29, 2008 (Reuters) — Four-times defending champion Roger Federer labored into the third round of the U.S. Open with a 6-3 7-5 6-4 victory over Brazilian qualifier Thiago Alves on Friday. ...  > full story
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