UNITED STATES

Laura Ling recalls the past days in North Korea

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The two U.S. journalists Laura Ling and Euna Lee released from North Korea arrived at home on Wednesday accompanied with the former President Bill Clinton who secured their release in a meeting with the reclusive state's leader Kim Jong-il.
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GM opposition to Magna waning: German politicians

General Motors Co and Magna International Inc have narrowed their differences in talks over the Canadian supplier's bid for Opel and only a small number of issues are still pending, German politicians said on Wednesday.
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Arthritis drugs raise cancer risk in kids: FDA

Blockbuster prescription drugs used to treat rheumatoid arthritis and other conditions can increase the risk of potentially deadly cancer in children and teenagers, U.S. health regulators said on Tuesday in ordering stronger warnings on such medications.
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Midday minute August 5 – Finance

Goldman Sachs Group Inc. said on Wednesday the government has queried its compensation practices and the use of credit derivatives. Goldman in July reported robust net earnings of $3.4 billion for the second quarter, soon after repaying a $10 billion bailout received from the U.S. Treasury's Troubled Asset Relief Program.
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Mid-Day Minute - August 5 Tech

Sony Corp will begin selling this month the cheapest digital book reader for the United States, heating up the competition with Amazon.com Inc in the small but fast-growing market for electronic readers
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Oil falls below $71 after inventory data

Oil fell toward $70 a barrel on Wednesday after U.S. government inventory data showed a build in crude stocks and weak economic data raised doubts about oil demand recovery in the world's largest energy consumer.
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Service sector shrinks faster in July: ISM

The U.S. service sector contracted in July at a faster pace than in June, adding to worries that any economic recovery may still be a long way off, according to a report released on Wednesday.
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Filipinos bid goodbye to ex-leader Aquino

Former Philippine President Corazon Aquino, heroine of the 1986 people power movement, was laid to rest on Wednesday after an eight-hour funeral procession that had to inch its way past hundreds of thousands of mourners.
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Iran's Ahmadinejad sworn in as president

Mahmoud Ahmadinejad was sworn in as Iran's president Wednesday in a ceremony boycotted by reformist leaders and parliamentarians and marred by street protests over his victory.
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U.S. reporters freed from North Korea return home

Two American journalists freed by North Korea from months of detention returned to U.S. soil early on Wednesday accompanied by former President Bill Clinton, who secured their release in a meeting with the hermit state's leader Kim Jong-il.
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Pace of job losses slows, planned layoffs rise

The number of U.S. jobs lost in the private sector fell in July but firms increased planned layoffs, data on Wednesday showed, suggesting the labor market remained troubled even as the pace of job losses slowed.
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Club kid, gay, Asian?

More than a thousand people lined up for several hours in New York City on Tuesday for the chance to be an extra in the
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Daily Outlook - August 5 - Energy

President Barack Obama will announce $2.4 billion in grants on Wednesday for the production of batteries for hybrid and electric vehicles. Energy Secretary Steven Chu will discuss with workers in Charlotte, North Carolina, about the national economy

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