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Updated: 1 hour 39 sec ago

Poland hopes to complete $500 million military deal with US by November

Tue, 09/23/2014 - 04:49
WARSAW, Poland - Poland hopes to finalize a multimillion deal with U.S. company Lockheed Martin Corp. by November that includes cruise missiles for its F-16 fighter jets, the Polish defence minister said Tuesday.
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Livestrong CEO Doug Ulman leaving after 14 years to work for Ohio charity

Tue, 09/23/2014 - 04:13
AUSTIN, Texas - The CEO of the cancer charity Livestrong is leaving after 14 years, a period in which the small local charity grew into a $500 million global brand before it was rocked by founder Lance Armstrong's confession that he used performance-enhancing drugs during his cycling career.
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Today on the Hill: Duffy could have trial date set

Tue, 09/23/2014 - 04:00
OTTAWA - Canadians will get a better idea today of when disgraced Sen. Mike Duffy will go on trial on criminal charges.
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Mulcair returns to NDP roots with attack on 'freeloader' corporations

Tue, 09/23/2014 - 04:00
OTTAWA - Tom Mulcair is harkening back to the NDP's social democratic roots, casting his party as the champion of working class Canadians and the bane of what he calls corporate "freeloaders."
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Air France CEO says strike could kill Transavia project

Tue, 09/23/2014 - 04:00

PARIS (Reuters) - The labor dispute with French pilots over the launch of Air France-KLM's low-cost airline Transavia in Europe could force management to abandon it, the company's chief executive Alexandre de Juniac said on Tuesday. Speaking as a strike costing up to 20 million euros($25.7 million) daily entered its ninth day despite his promise to suspend the project to the end of the year, de Juniac said he was deeply reluctant to abandon a launch he sees as crucial to fight competition from other low-cost players, but that he might have to. ...

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IKEA's next style revolution: itself

Tue, 09/23/2014 - 03:10

By Mia Shanley ALMHULT Sweden (Reuters) - Having redesigned kitchens, bathrooms and sitting rooms around the world, IKEA has decided to redesign itself. The store that inserted Scandinavian design into millions of households from Beijing to Boston needs to come up with something new to keep its leading position in an industry which is fast being transformed by travel and the Internet. Says its head of design Marcus Engman: "I think we have to - and we are - rethinking what's Scandinavian for tomorrow. ...

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Philips to split off lighting business, form separate company

Tue, 09/23/2014 - 03:02

AMSTERDAM (Reuters) - Philips said on Tuesday it would break its 120-year-old company in two, creating a stand-alone lighting business and merge consumer and healthcare divisions into a 15-billion euro business. The company said the new structure would bring cost savings of 100 million euros (128.46 million US dollar) next year and a further 200 million euros in 2016. It expects restructuring charges of 50 million euros from 2014 to 2016. ...

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AP Exclusive: Brazil won't sign onto to global plan to save forests, says it wasn't consulted

Tue, 09/23/2014 - 02:25

NEW YORK, N.Y. - Despite its critical role in protecting the Amazon rainforest, Brazil will not endorse a global anti-deforestation initiative being announced at the U.N. climate summit, complaining it was left out of the consultation process. A U.N. official disputed that claim.

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Convicted al-Qaida spokesman due in US court to face possible life term in terrorism case

Tue, 09/23/2014 - 02:00

NEW YORK, N.Y. - Osama bin Laden's son-in-law was due in court to face a possible life sentence for his role as the spokesman for al-Qaida following the Sept. 11, 2001 terror attacks.

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Tensions running high as ambush suspect eludes hundreds of law enforcement

Tue, 09/23/2014 - 01:52

CANADENSIS, Pa. - A 10-day manhunt for the survivalist accused of ambushing a Pennsylvania State Police barracks has narrowed to the rural area where he grew up and his parents still live, but the suspect has managed to elude capture despite the efforts of hundreds of law enforcement officials.

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Exclusive - Would have done 'things differently': El-Erian

Tue, 09/23/2014 - 01:18

By Jennifer Ablan and Dan Burns NEW YORK (Reuters) - Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm, and he gave no real consideration to staying on and working less. In his most extensive discussion yet about his controversial decision in January to leave Pimco, which has nearly $2 trillion in assets, El-Erian told Reuters: "If I had known that there would be this media circus, I would've done a lot of things differently." To begin with, he might have considered working part time. ...

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Exclusive - Ukraine crisis risks recession for Europe: El-Erian

Tue, 09/23/2014 - 01:08

By Jennifer Ablan and Dan Burns NEW YORK (Reuters) - Mohamed El-Erian, the chief economic adviser at Allianz SE , warned that global markets do not fully appreciate the risk posed by the Ukrainian crisis, a conflict which could push Europe into recession. He saw few options to de-escalate tensions between Ukraine, its Western supporters and Russia, which has been accused of backing an insurgency led by ethnic Russian separatists. ...

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China September factory activity edges up but employment shrinks

Tue, 09/23/2014 - 00:47

By Jake Spring BEIJING (Reuters) - China's manufacturing sector unexpectedly picked up some momentum in September even as factory employment slumped to a 5-1/2-year low, a potential source of worry for Communist leaders who prize social stability above all else. Signs of a weakening labor market reinforced expectations that China would further relax financing conditions in coming weeks, but stop short of cutting interest rates or loosening the reserve requirement for all banks to support the economy. The HSBC/Markit Flash China Purchasing Managers' Index (PMI) rose to 50. ...

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Conference Board report says age, not gender, the new income divide in Canada

Tue, 09/23/2014 - 00:10
OTTAWA - Age, not gender, is increasingly at the heart of income inequality in Canada, says a new study that warns economic growth and social stability will be at risk if companies don't start paying better wages.
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Abbas says he will demand UN resolution to end Israeli occupation

Mon, 09/22/2014 - 23:51

NEW YORK, N.Y. - Palestinian leader Mahmoud Abbas said on Monday that he will demand an international resolution that would set a timetable for ending Israeli occupation of Palestinian territories when he speaks to the U.N. General Assembly this week.

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Canadian Press NewsAlert:Green Leader David Coon wins seat in New Brunswick

Mon, 09/22/2014 - 23:49
FREDERICTON - New Brunswick's Green party leader, David Coon, wins the seat of Fredericton South in the provincial legislature.
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Blast at fireworks factory in southern China kills 12, injures 33

Mon, 09/22/2014 - 23:45

BEIJING, China - An explosion at a fireworks factory in southern China killed 12 people and injured 33 others, the local government said Tuesday.

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Islamic State group's offensive in western Syria poses problems for Turkey

Mon, 09/22/2014 - 23:28

SURUC, Turkey - Fierce fighting Monday between the Islamic State militant group and Kurdish forces just over the border in Syria brought the battle closer to Turkey, triggering a surge of tens of thousands of refugees and raising pressure for the government to step up efforts to take on the Sunni extremists. Meanwhile, the United States and five Arab countries launched the first airstrikes in Syria against Islamic State fighters.

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Officials: Airplane travelling from Boston to Los Angeles makes emergency landing in Omaha

Mon, 09/22/2014 - 23:24
OMAHA, Neb. - A Virgin America flight travelling from Boston to Los Angeles made an emergency landing in Nebraska on Monday, officials said.
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