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Yahoo! News: Most Recommended
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Most Recommended
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Xbox blocks W.Va. gamer over town's name: Fort Gay
(AP)
AP - Microsoft Corp. and the chief rules enforcer for Xbox Live are apologizing to a small West Virginia town and a 26-year-old gamer accused of violating the online gaming service's code of conduct by publicly declaring he's from Fort Gay — a name the company considered offensive.
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Clinton: It's time to seize an `American Moment'
(AP)
AP - Secretary of State Hillary Rodham Clinton asserted Wednesday that the Obama administration's approach to foreign policy is beginning to pay important dividends.
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BP report blames itself, others for oil spill
(AP)
AP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.
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Reggie Bush: Heisman matter 'out of my hands'
(AP)
AP - Reggie Bush declined to go into any detail Wednesday on what he knows about the status of his 2005 Heisman Trophy.
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China-U.S. ties improving, Hu tells White House team
(Reuters)
Reuters - China and the United States said on Wednesday that their sometimes rocky relationship is sounder after talks in Beijing, with both putting an optimistic face on ties that have been jolted by economic and security tensions.
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China blacks out towns to meet energy goal
(AP)
AP - Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targets set by Beijing.
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Obama firm, won't yield on tax hike for wealthiest
(AP)
AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.
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Obama Economic Agenda Seeks Middle Class, Populists
(The Atlantic Wire)
The Atlantic Wire - President Barack Obama says he will not extend Bush-era tax cuts for the
wealthy, which are scheduled to expire this year. However, he will
extend the Bush tax cuts for the 98 percent of households that annually earn below $250,000 for couples or $200,000 for individuals. The
White House says the tax cuts for the top 2 percent would add $700
billion to the deficit over the next ten years. Obama's announcement
comes only two days after his proposals, which some call a "second stimulus," for $50 billion in infrastructure spending
and $100 billion over ten years in business tax credits for research
and development. Here's what pundits are saying about whether Obama's
new economic initiatives will counterbalance two very negative forces
for the White House: The poor economic situation and the forecasted electoral losses for Democrats.
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Clinton, Gates denounce planned Quran burning
(AP)
AP - The top two national security advisers in President Barack Obama's Cabinet on Wednesday denounced plans by a small church in Florida to burn the Muslim holy book to commemorate the Sept. 11, 2001, terrorist attacks, saying it would inflame tensions and put Americans abroad at risk.
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Angelina Jolie condemns planned Quran burning
(AP)
AP - Angelina Jolie on Wednesday condemned a Florida church's threat to burn copies of the Muslim holy book to mark the ninth anniversary of the Sept. 11 attacks.
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