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Obama proposes $17 billion in cutsUSA Today - 30 minutes ago
As his staff unveiled details of a $3.4 trillion budget today, President Obama preferred to dwell on $17 billion in proposed cuts for this year.
Obama Releases $3.4 Trillion Budget Plan Washington Post
Fire Destroys 20 Houses in CaliforniaNew York Times - 47 minutes ago
By REBECCA CATHCART SANTA BARBARA, Calif. - Faltering winds overnight slowed the spread of a wildfire on the hills near Santa Barbara early Thursday morning, but the fire continued to burn out of control.
Thousands flee as fire burns homes in Calif. city The Associated Press
GM 1Q Loss $6B; Spent $10.2B More Than It Brought InWall Street Journal - 31 minutes ago
By Sharon Terlep Of DOW JONES NEWSWIRES General Motors Corp. (GM) said Thursday that bankruptcy jitters and a global sales slump created "revenue implosion" in the first quarter that led to a $6 billion first-quarter loss as the beleaguered auto maker ...
GM posts $6 billion loss for first quarter The Detroit News
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Summit to draw ex-Soviet republics closer to EU
The Associated Press - 30 minutes ago
PRAGUE (AP) - The European Union extended its hand to six former Soviet republics on Thursday at a summit meant to draw them closer into the EU orbit despite Russia's deep misgivings.
Sri Lankan Troops Enter Rebel-Held Village
Voice of America - 48 minutes ago
By Steve Herman Sri Lanka's military says troops have pushed into one of the few remaining rebel-held villages. Meanwhile, defense officials are warning the Tamil Tigers might try to carry out an attack on the capital during the country's most ...
Tiger leader's photos on display BBC News
Video shows Sri Lanka rebels forcing civilian help The Associated Press
China says 5335 students died in last year's quake
Los Angeles Times - 11 minutes ago
Zheng Rongchong grieves for her daughter Liu Wenbo, 10, who was among as many as 129 students killed in the collapse of Fuxin No. 2 Elementary School.
China Says Over 5000 Students Died in Last Year's Earthquake Voice of America
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Dem Sestak considers challenge to Specter in Pa.
The Associated Press - 40 minutes ago
WASHINGTON (AP) - Rep. Joe Sestak, a former Navy vice admiral, says he's seriously considering challenging newest Democrat Arlen Specter in next year's Pennsylvania Senate primary.
Peering inside the mind of a Steelman: Here's why Sarah may ... Kansas City Star
Police: Wesleyan suspect targeting school, Jews
The Associated Press - 30 minutes ago
MIDDLETOWN, Conn. (AP) - Police on Thursday urged Wesleyan University and local Jewish leaders to be "extra vigilant" after concluding that a man suspected of fatally shooting a Wesleyan student at a bookstore may be targeting the school and Jews.
Cockrel will not seek 5th term
Detroit Free Press - 35 minutes ago
Longtime Detroit City Councilwoman Sheila Cockrel, a fixture in city politics for 40 years, announced this morning she would not seek re-election, ending a 16-year run on the council.
Shelia Cockrel statement The Detroit News
Detroit Elects NBA Hall Of Famer David Bing As New Mayor BallerStatus.com
A little less gloom at the store
CNNMoney.com - 24 minutes ago
Wal-Mart reports a 5% increase in its same-store sales. Sales pick up for other merchants, but pockets of weakness remain. By Parija B. Kavilanz, CNNMoney.
Euro Rises Against Dollar as ECB Plans to Buy Covered Bonds
Bloomberg - 17 minutes ago
By Anchalee Worrachate May 7 (Bloomberg) -- The euro advanced against the dollar after the European Central Bank said it will purchase covered bonds to lower borrowing costs and counter the economic slump.
Euro Govt Bonds Tumble As ECB Embarks On Credit Easing Wall Street Journal
Bernanke: Regulators Must Be More Vigilant, Forceful
Wall Street Journal - 43 minutes ago
WASHINGTON (Dow Jones)--US Federal Reserve Chairman Ben Bernanke on Thursday called stress tests regulators have conducted on major banks a "truly remarkable effort" and said he hopes they add to market confidence.
Fed to be tougher cop on the beat, Bernanke says MarketWatch
Kindle DX: Sleeper Agent for Amazon's Future
Reuters - 37 minutes ago
By chadwick.matlin - The Big Money At first, they hyped it as just a new way to read books. Then, three months ago, Amazon (AMZN) CEO Jeff Bezos paced the stage to announce the second-generation of the Kindle.
Amazon's Kindle DX Poses Profitability Challenge To Publishers InformationWeek
Duke Nukem For-Never? 3D Realms Shutting Down
PC World - 8 hours ago
Is Duke Nukem Forever developer 3D Realms finally shuttering? Seems like it. Game On just received a somewhat cryptic form-email from development studios Deep Silver and Apogee Entertainment (a legal alias for 3D Realms) stating, simply, ...
Duke Nukem developer goes bust BBC News
Activision confirms Guitar Hero 5, Band Hero, DJ Hero for '09
GameSpot - 53 minutes ago
By Luke Anderson, GameSpot UK Publisher confirms previously rumoured Heroes arriving in Q3, alongside Van Halen and Greatest Hits; set list for latter detailed.
'Star Trek' takes the universe by storm
Los Angeles Times - 26 minutes ago
We earlier posted Kenneth Turan's video commentary on the newest "Star Trek" release, but now the entire review is available.
Starring: Chris Pine, Bruce Greenwood, Zachary Quinto, Eric Bana Webster Kirkwood Times
'Idol' finalist Gokey gets Milwaukee homecoming
The Associated Press - 50 minutes ago
MILWAUKEE (AP) - "American Idol" contestant Danny Gokey's hometown is throwing out the welcome mat with plans for a parade, concert and an invitation for him to sing the national anthem at a Milwaukee Brewers game.
"Idol" boots last woman singer, Allison Iraheta Washington Post
Oprah Helps Fuel Chicken Run
People Magazine - 3 hours ago
By Stephen M. Silverman Oprah Winfrey Photo by: Chris Pizzello / AP Cluck, cluck. Customers found themselves out of luck after showing up for free meals at a New York City KFC - part of a promotion touted by none other than Oprah Winfrey.
Oprah's KFC free-for-all sparks civil rights era-style protest ... Entertainment Weekly
NBA Today
SI.com - 1 hour ago
Los Angeles Lakers at Houston (9:30 pm EDT). A physical Western Conference series, tied 1-1, resumes in Houston, where the Rockets will need to slow down Kobe Bryant, who had 40 points in the Lakers' Game 2 win.
'Net reaction: Rockets at Lakers, Game 2 Yahoo! Sports
Lakers fight back Annapolis Capital
Signing Favre is a Win-Win Situation
Minneapolis Star Tribune - 34 minutes ago
Darren "Doogie" Wolfson has a passion for sports, but not a consistent forum in which he's allowed to spew his thoughts.
It's time for Brett Favre to sack the comebacks and retire New York Daily News
Angry Chelsea Goes a Finger Too Far
New York Times - 1 hour ago
By ROB HUGHES LONDON - The lawmakers of European soccer must act, and be seen to act swiftly, to safeguard the reputation of the Champions League.
Chelsea warns against targeting referee after Champions League loss The Canadian Press
Global Flu Cases Top the 2000 Mark
New York Times - 23 minutes ago
Gregory Bull/AP By DONALD G. McNEIL Jr. and SHARON OTTERMAN More than 2000 people in 23 countries worldwide now have confirmed cases of the new strain of the H1N1 flu, the World Health Organization said on Thursday.
Public asked if swine flu hyped BBC News
Mexico's swine flu death toll rises to 44
The Associated Press - 1 hour ago
MEXICO CITY (AP) - Mexico's health secretary says tests have confirmed two more deaths from swine flu, bringing the toll to 44.
Mexico's return to normalcy anything but Los Angeles Times
Mexico City lets all businesses reopen Thursday Washington Post
GE to invest $6 bln by 2015 in healthcare push
Reuters - 34 minutes ago
By Scott Malone and Susan Heavey BOSTON/WASHINGTON, May 7 (Reuters) - General Electric Co (GE.N) said on Thursday it plans to invest $6 billion by 2015 to help its healthcare customers cut costs, in a push the US conglomerate is calling ...
GE launches $6B health care initiative Bizjournals.com
GE announces $3 billion health care initiative Milwaukee Journal Sentinel
Supremely Surprising
Huffington Post - 52 minutes ago
As all powerful as the US Supreme Court has been in shaping our society, it is usually ignored by we the people whose actions are controlled by its interpretations of the rules.
Senate Republicans Open to Gay Supreme Court Picks Advocate.com
Former state Supreme Court Justice Britt dies Rocky Mount Telegram
3-year-old boy found alive in Missouri forest
USA Today - 18 minutes ago
After two frustrating days, searchers in Missouri have found alive a 3-year-old boy who wandered away from his home in the rugged hills of the Mark Twain National Forest, the Associated Press reports.
President to proclaim National (but private) Day of Prayer
Chicago Tribune - 1 hour ago
Though President Barack Obama insists that prayer is a private act, he will follow in the footsteps of previous presidents today, signing a proclamation to declare the National Day of Prayer then moving on to other business of the day.
May 7th is National Day of Prayer ChinoHills.com
Obama ends Bush-era National Prayer Day service at White House Los Angeles Times