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Obama's Major Speech: Shifts Date to Appease Republicans; Will Focus on Jobs

U.S. President Barack Obama
President Barack Obama has bowed to pressure from Republicans and moved the original date of his scheduled high-profile jobs speech. Obama had planned to deliver his major speech suggesting new jobs initiatives that could set the political agenda in Washington for the coming months on Sept. 7 -- but after a Republican request for a date change, it Will be on Sept. 8.
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U.S. President Barack Obama

Obama Moves Jobs Speech, Bowing to Boehner

President Barack Obama Wednesday evening agreed to unveil new jobs proposals in an address to Congress on Sept. 8, bowing to pressure from Republicans, who objected to the original date conflicting with their presidential debate.
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China liquor maker jacks up prices by 30 pct

Chinese liquor maker Wuliangye will raise prices for its alcohol by 20-30 percent from Sept 10, the firm said, the latest company to lift retail prices amid stubborn inflation pressures.
U.S. House Speaker John Boehner, R-Ohio

Boehner Asks Obama to Move Congress Speech

Republican Speaker of the House John Boehner has asked President Obama to move his Sept. 7 speech to the next day -- possibly to avoid a conflict with an already scheduled Republican primary debate.
Saif al-Islam

Moammar Gadhafi, Do You Know Where Your Children Are?

Rebels have overrun the capital of Tripoli, as well as the many mansions and estates owned by the Gadhafi family. The Gadhafis have been driven away, some into hiding and some out of Libya, perhaps for good. But where exactly are Gadhafi's children now?
Gadhafi

American Officials Aided Gadhafi: Al Jazeera

A producer with Al Jazeera gained access to a demolished Libyan building filled with documents showing Libyan leaders maintained direct communications with influential figures in America.
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NDP gains support after leader's death

Canada's left-leaning New Democratic Party has vaulted into a tie in public support with the governing Conservatives in the wake of the death of NDP leader Jack Layton, a poll released on Wednesday showed.
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Canada Q2 economy shrinks, 1st time since recession

The Canadian economy shrank in the second quarter, its first quarterly fall since the 2008-09 recession, with temporary factors such as Japan's earthquake and tsunami playing a big role, Statistics Canada said on Wednesday.
Gaddafi’s sons

Gadhafi's Son Saadi Ready to Surrender, Say Rebels

Moammar Gadhafi's son al-Saadi Gadhafi told Libyan rebels on Wednesday that he is ready to surrender. Rebel commander Abdel Hakim Belhaj said that Saadi called him on Tuesday, hoping to negotiate the terms.
U.S. Oil Prices

Oil Prices Plunge in August: A ‘Tax Cut’ for the American People

Finally some good news for the American people on the U.S. economy front: Oil is on track to record in August its biggest monthly price decline since May -- something that will put more money in the pockets of consumers and also boost U.S. GDP growth, if the price reduction holds.
Teens Get Smarter as They Age, Especially the Older Ones

U.S. Teen Unemployment at Unprecedented Levels

Unemployment in the U.S. has been stubbornly high and presents the largest single obstacle to the re-election hopes of Barack Obama. But joblessness among Americans who cannot yet vote – teenagers – are at levels that are both staggering and unprecedented. One labor economist tells IBTimes, “We have never experienced this amount of joblessness among teens.”
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Deficit panel names Republican staff chief

A high-level Republican aide on the Senate Finance Committee was named on Tuesday to the top staff position on the new congressional panel charged with finding at least $1.2 trillion in government savings over the next decade.
Construction workers

White House could Unveil Mortgage Plan Next Week

The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.

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