UNITED STATES

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GM posts loss, vows to repay U.S. debt early

General Motors Co posted a quarterly loss on Monday but said stabilizing sales since its bankruptcy would allow it to begin paying down $8.1 billion in debt to the United States and Canada next month.

Online gangs cashing in on swine flu

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Criminal gangs are making millions of dollars out of the H1N1flu pandemic by selling fake flu drugs over the internet, a web security firm said on Monday.

Atlantis fueled for afternoon launch

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The Atlantis space shuttle has been fueled and is ready for blast off later on Monday for its 11-day mission trip. The Atlantis is scheduled to lift off at 2:28 p.m. ET from Launch Pad 39A at NASA's Kennedy Space Center in Cape Canaveral, Fla to the International Space Station.
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Weak U.S. housing mkt weighs on Lowe's Q3 profit

Lowe's Cos Inc, the second-largest U.S. home improvement chain, posted a 30 percent drop in quarterly profit as consumers put off big renovations as the U.S. housing market remains sluggish, sending shares down 2.1 percent in premarket trading.
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H&M October sales lag, blames recession

Swedish fashion retailer Hennes & Mauritz (HMb.ST) posted an unexpected 3 percent drop at established stores in October, blaming weak sales in some of its major markets on the global downturn and knocking its shares.
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How do you know you have the flu?

Vaccination programs against H1N1 swine flu are under way in the United States, China and Australia and will begin soon in parts of Europe.
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U.S. raises pressure on Pakistan over Taliban, al Qaeda

The United States has stepped up pressure on Pakistan to expand its fight against Taliban and al Qaeda militants, the New York Times reported on Monday, as a suicide bomber killed four people in the latest militant attack.
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Obama says al Qaeda still greatest threat to U.S.

President Barack Obama said on Monday that al Qaeda remained the biggest threat to U.S. security, as his aides stepped up pressure on Afghanistan and Pakistan to cooperate with Washington's strategy in the troubled region.
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Clinton wants tangible Afghan progress from Karzai

Secretary of State Hillary Clinton on Sunday urged Afghan President Hamid Karzai to do better if he wanted U.S. support, and that included creating a major crimes tribunal and anti-corruption commission.
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Obama says Washington not trying to contain China

U.S. President Barack Obama told Chinese students on Monday he did not fear their nation's rise, ahead of talks on trade imbalances and currency strains that underline the sometimes tense embrace between the two giants.
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Stocks open up after retail sales data

U.S. stocks opened higher on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks, while data showed consumers spent more than expected in October.
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Palin stirs controversy ahead of book release

Sarah Palin is stirring controversy with her new book even before it is on shelves, complaining she was all bottled up by advisers to Republican presidential candidate John McCain last year.
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Stocks set to rise as commodities boost

Wall Street was set to rise at the open on Monday, adding to two weeks of gains, as a decline in the U.S. dollar helped lift commodity prices and boost natural resource stocks while data showed consumers spent more than expected in October.
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Sex infections still growing in U.S., says CDC

American squeamishness about talking about sex has helped keep common sexually transmitted infections far too common, especially among vulnerable teens, U.S. researchers reported Monday.
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Retail sales rise faster-than-expected

Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
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U.S. retail sales rise faster-than-expected in October

Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
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Lowe's quarterly profit falls 30 percent

Lowe's Cos Inc , the second-largest U.S. home improvement chain, posted a 30 percent decline in quarterly profit as consumers put off big renovations and a U.S. housing market recovery takes longer to materialize.
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Strong autos to lift October U.S. retail sales

U.S. retail sales rebounded in October as vehicle purchases rose even without support from government incentives, a Reuters survey predicted, which could allay some fears over the strength of the economy's recovery.

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