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Jul 13, 2010

NASDAQ : Latest Forex News / Market News and Analysis.

NASDAQ
 

Latest Forex News

CNBC . Evening Brief .- Yum Shares Tumble After Outlook Disappoints .July 13th., 2010



LATEST STORIES


»click here to see the latest top stories from CNBC.com

LATEST VIDEO

George Steinbrenner Remembered
Discussing the life and career of long-time Yankees owner George Steinbrenner, with Len Berman, founder of Thatssports.com; Ken Belson, NY Times sports business reporter; and CNBC's Darren Rovell.
» Watch Video
  
 
GE CEO on Future of Electric Cars
Jeffrey Immelt, CEO of General Electric, introduces the company's new WattStation, a consumer-friendly, smart-grid compatible, electric vehicle charger.
» Watch Video 

Is the iPhone 4 a Lemon?
Insight on the iPhone 4 and its disappearing reception, with Mike Gikas, Consumer Reports.
» Watch Video

Nissan's New "Leaf"
Reviewing Nissan's new electric car, with CNBC's Phil LeBeau.
» Watch Video

 »click here to see the latest top video from CNBC.com

FGC BOLSA - FGC FINANCIAL MARKETS : MarketWatch - Industry Financial Services






 INDUSTRY -  FINANCIAL SERVICES



Caixin Online: China's ICBC chief: Little impact from new rules  
By Hu Shuli Caixin Online
7/13/2010 7:52:00 PM



Industrial & Commercial Bank of China Chairman Jiang Jianqing speaks about the future of international finance and what it means for China's banking sector in an interview with Caixin Online. 


 
By Ronald D. Orol MarketWatch
7/13/2010 4:33:00 PM



A measure introduced by Democratic congresswoman Jackie Speier setting out a specific cap on big-bank leverage was included in sweeping bank-reform legislation approved by the House in December but has now been watered down. 

MarketWatch: Personal Daily.- Personal Finance Stories. July 13th., 2010

MarketWatch

Personal Finance Daily
JULY 13, 2010

Tuesday's Personal Finance stories

By MarketWatch



Don't miss these top stories:

How many of you are buy-and-hold investors, hunkered down in your 401(k) for the long haul? While some active traders may smirk at that strategy, a look at our Lazy Portfolios -- eight distinct investing strategies that take a buy-and-hold approach -- shows all of those investment plans beat the S&P 500 Index ($SPX) over the past decade. Had you invested in any of those portfolios, you wouldn't have wowed the world with your returns, but you might have slept a bit easier at night. Each portfolio does show a loss for the three-year period, but none has as steep a loss as the S&P 500.

One problem with the Lazy Portfolios: It can be difficult for people investing through a 401(k) or other workplace plan to get access to all of the mutual funds tapped by any one of the eight portfolios. Still, through a combination of workplace plan and outside investment, it is possible to do it.

Read Paul B. Farrell's column for a close look at the Lazy Portfolios. Plus, don't miss Ruth Mantell's Diary of a Recession Baby to find out how much consumers are scaling back on the grand savings plans they had earlier in the year.

-- Andrea Coombes , Personal Finance editor

Lazy Portfolios at 10: a winning decade

Yes, happy birthday! Something new with the Lazy Portfolios -- 10-year returns. As of last month, every fund in the eight Lazy Portfolios has a 10-year track record.
See Paul B. Farrell.


SAVING & SPENDING

Consumers scale back their savings plans

Consumers are cutting back on their savings goals for the year, as some grapple with higher-than-expected bills and others just can't control their inner shopper, according to data released Tuesday.
See Diary of a Recession Baby.


ECONOMY & POLITICS

Key senators back bank bill

Financial-reform legislation pending before the Senate has won the support of three of the chamber's Republicans and a wavering Democrat, appearing to give congressional leaders the filibuster-proof margin of votes needed to ensure enactment of the sweeping legislation.
See story on key senators backing bank bill.


Commentary: Good reasons to extend jobless benefits

Figures don't lie but liars figure. It's topsy-turvy time. Once more, economics is being turned on its head by those who forgot what they learned in Econ 101.
See Irwin Kellner.


U.S. June budget deficit $68 billion: Treasury

The U.S. government ran a budget deficit of $68 billion in June, the Treasury Department reported Tuesday, and said that the deficit was a little more than $1 trillion for the first nine months of fiscal 2010.
See story on U.S. June budget deficit of $68 billion.


U.S. trade gap at highest level in 18 months

The U.S. trade deficit in May widened to the highest level in 18 months, government data showed Tuesday, causing analysts to sharply lower their expectations for gross domestic product in the second quarter.
See Economic Report.


SMALL BUSINESS

Small-business owners say outlook worsens

U.S. small business owners grew more pessimistic in June after two months of modest improvement, according to a monthly survey released Tuesday by the National Federation of Independent Business.
See Economic Report.


INVESTING

Fund managers turn negative on growth

Fund managers turned negative on the outlook for the global economy and also became less optimistic about the prospects for U.S. stocks in July, according to a monthly survey of asset allocators.
See story on fund managers turn negative on growth, survey says.


Best and worst funds of the first half

With half of 2010 behind them, many investors are taking a close look at the funds they own and weighing some changes for the rest of the year.
See SmartMoney.com.


Six tips for investing globally

For investors venturing overseas with their portfolios, here's what to consider and what to avoid.
See SmartMoney.com.


Market timers became more bearish in wake of last week's rally

Last week the stock market had its best week in a year. Yet you'd never know it by reviewing investment advisers' outlooks: At the end of the week, they were collectively no more bullish than they were at the beginning.
See Mark Hulbert.


Commentary: Deception season on Wall Street

Fairy-tale season is about to begin. Wall Street banks and brokerages are readying second-quarter numbers for mass digestion. They'll show healthy balance sheets, tolerable risk levels and have all the trappings of well-run companies.
See David Weidner's Writing on the Wall.


SPORTSWATCH

George Steinbrenner: A pictorial legacy

N.Y. Yankees' owner, known as 'The Boss,' is dead at 80.
Watch the slide show.


Commentary: Excellence at a price: Steinbrenner's legacy

George Steinbrenner, who died Tuesday morning at the age of 80, had a greater impact on the New York sports scene than anyone else in the last 40 years.
See Jon Friedman's Media Web.


GULF OIL SPILL

BP bolts cap, begins pressure test

BP PLC (BP) said it is on track to begin a crucial pressure-integrity test of the Macondo well that has been spilling oil into the Gulf of Mexico, after the company successfully bolted down a new containment cap.
See story on BP bolts cap, begins pressure test.


PERSONAL TECH

Apple takes hit as negative iPhone 4 talk grows louder

Apple Inc. (AAPL) saw its shares bruised as negative chatter spread about reception problems plaguing the company's iPhone 4 -- and the possibility of a recall of the device appeared to gain currency.
See story on Apple takes hit as negative iPhone 4 talk grows louder.

ABCNews: Business .- Profit results spark sixth straight rise on Wall St, FTSE Photo



The 
New York Stock Exchange
The Dow has closed 1.4 per cent higher after promising earnings reports.

Profit results spark sixth straight rise on Wall St, FTSE Photo

By finance reporter Lexi Metherell
Posted 2 hours 22 minutes ago
Updated 2 hours 14 minutes ago
A promising start to earnings season in the US has helped send stocks on Wall Street and in London higher for the sixth day in a row.

Europe stress tests raise finance fears Audio Photo

Economic and financial concerns have heightened today on news from Europe, China and the United States.

Report maps way to clean power future Audio Photo

Australia's energy grid could run entirely on renewables such as wind and solar power within 10 years, according to a report to be released tomorrow.

NYT : Afternoon Business Update. July 13th., 2010



Financial Bill to Close Regulator of Fading Industry

By BINYAMIN APPELBAUM
The regulator of savings and loan associations is following the industry, once dominant in mortgages, into oblivion.

Financial Overhaul Moves Closer to Vote

By DAVID M. HERSZENHORN
Senate Democrats say they have cobbled together the 60 votes needed to close off debate and advance the bill to a final vote.
Media Decoder
 

Appeals Court Strikes Down Indecency Rule

  By BRIAN STELTER
In a surprise decision, an appeals court said the F.C.C.'s indecency policy violated the First Amendment.

Wall Street Closes In on 6-Day Win Streak

By CHRISTINE HAUSER
The momentum that has propelled Wall Street indexes in the last five days got another lift on better-than-expected quarterly earnings.

U.S. Trade Gap Widens on Rising Imports of Consumer Goods

By CHRISTINE HAUSER
The trade gap grew 4.8 percent to $42.3 billion, the largest since November 2008, defying expectations that it would decrease.

Financial And Forex Info .- How to Use Charts and Indicators

FINANCIAL & FOREX INFO

Financial and Forex Info in an effort to provide its audience with relevant information to help their trades use professional tools and sound unique indicators from top market analysts , has  coordinated an absolutely free live webinar, for  July the 15th.

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FGC BOLSA - FGC Financial Markets Business Summary and Commentary News


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  • Political
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  • Corporate And
  • Forex and 
  • Commentay Click   :     Here

FGC BOLSA - FGC FINANCIAL MARKETS : U.S. Markets at Close Markets at Close

July 12th, 2010

U.S. Markets at Close



Market Snapshot
Index Last Change %Change
DJIA 10,363.02 +146.75 1.44% Hilighted
Nasdaq 2,242.03 +43.67 1.99%
S&P 500 1,095.46 +16.71 1.55%
FOX 50 798.29 +11.06 1.40%
DIJA Chart

pay czar ken feinberg 276
Not Done With Banks YetThe pay czar Ken Feinberg wants banks to return some of the bonus money paid to executives.
THE MOST POWERFUL NAME IN BUSINESS NEWS

Moody's Cuts Portugal

Is the World Broke? Are these bonds the next bubble or an opportunity for safety during rough times?

Earnings Spark Triple-Digit Gains

The Dow climbed another 150 points amid enthusiasm for a solid start to earnings season.

Dems Inch Closer to Reform

Senate Democrats appear to have nailed down the votes to pass a rewrite of financial regulation.

Toyota May Not Be at Fault

DOT data from investigated vehicles reportedly show driver error caused sudden acceleration.

FGC BOLSA - FGC FINANCIAL MARKETS : MarketWatch First Take: Hintz on 'masking:' it's a 'venial' sin. jULY 13TH., 2010








INDUSTRY- FINANCIAL SERVICES

MarketWatch First Take: Hintz on 'masking:' it's a 'venial' sin  
By MarketWatch
7/13/2010 11:20:00 AM



Analyst Brad Hintz, of Bernstein & Co., is reluctant to put much weight in end-of-the-quarter masking or risk by big financial institutions, writes David Weidner. See full story


Financial Stocks: Financials gain on earnings hopes; MBIA surges

By April H. Lee MarketWatch
7/13/2010 10:37:00 AM



U.S. financial stocks rose Tuesday after earnings from aluminum giant Alcoa Inc. spurred optimism about upcoming results from the financial sector. MBIA shares surge after a fund manager reveals a large stake in the company. 



Forbes : Trade Deficits As Far As The Eye Can See. July 13th.2010


Trade Deficits As Far As The Eye Can See
Brian S. Wesbury and Robert Stein
Why you shouldn't worry too much about the U.S. trade deficit.


Saudi Arabia's House Of Cards
Ilan Berman
Riyadh, on the road to ruin.
 
The Latest Safe Haven For Terrorists: Somalia
Guy Gabriel
The time to rethink U.S. policy in Somalia is now.
 
Judicial Offensive Against Defense Of Marriage Act
Richard A. Epstein
Battle over same-sex marriage requires democratic process, not the precedent set in two Massachusetts cases.
 
Islamophobia
Abigail R. Esman
Is the rejection of radical Islam "anti-Muslim"?

RTTNews :Daily Market Analysis.-Earnings Boost May Help Markets Consolidate

Daily Market Analysis Tue Jul 13 09:16 2010 

Jul 13, 2010 Earnings Boost May Help Markets Consolidate - RTTNews Daily Market Analysis The major U.S. index futures are pointing to a higher opening on Tuesday. Alcoa's (AA) results seems to have gone well with traders, with the forecast-beating results from the aluminum giant offering hopes that corporate profit growth is still live and kicking. This realization may trigger some buying, although the sustainability of gains throughout the session is questionable, given the 5-session winning streak of the major averages and lingering doubts over economic conditions. Full Article
Daily Stocks to Watch Tue Jul 13 09:07 2010 

Stocks To Watch

Jul 13, 2010 Chevron Expects Q2 Profit to Top Q1 - Stocks to WatchSecond-largest U.S. oil company Chevron Corp (CVX) revealed after market close on Monday that it expects second-quarter earnings to top the previous quarter, as improved margins in refining operations would erase a drop in oil and gas production. Through an interim update, ahead of the announcement of results on July 30, Chevron said improved conditions in its downstream refining and marketing operations would mostly provide the boost in earnings, whereas its upstream operations consisting of exploration and production remain on track with the prior quarter's output. Chevron also said it anticipates net charges in the second quarter in the range of $250 million to $350 million, which is less than the earlier forecast by the company. "Downstream results, inclusive of the former Chemicals business segment, are expected to be significantly higher than the first quarter. Full Article
Jul 13, 2010 Introducing RTT Growth & Value StocksThe Growth & Value Stocks service is designed with a disciplined approach of extensive fundamental analysis to cater swing traders and investors. The service identifies growth stocks that are generally overlooked and value stocks that are usually undervalued by the market. The growth and value stocks we select have significantly outperformed the broader market indices. Full Article

RTTNews : Morning Market Briefing : Stocks Set To Open With Solid Gains After Strong Start To Earnings Season - U.S. Commentary . Jul 13 09:06 2010

Morning Market Briefing Tue Jul 13 09:06 2010 

Commentary

Jul 13, 2010 Stocks Set To Open With Solid Gains After Strong Start To Earnings Season - U.S. Commentary Stocks are on pace to open moderately higher on Tuesday, as market sentiment has been lifted by a strong kickoff to earnings season from economic bellwethers Alcoa (AA) and CSX Corp. (CSX). The major index futures are all in positive territory, with the Dow futures up by 72 points. Full Article

Economic News

Jul 13, 2010 Downward Trend In German Economic Confidence Continues The weakening trend in German economic sentiment continued in July with financial experts seeing limited potential for the economy to improve further. Full Article
Jul 13, 2010 U.S. Trade Deficit Widens To $42.3 Bln In May Imports in the month of May rose at a slightly faster pace than exports, according to a report released by the Commerce Department on Tuesday, with the report subsequently showing an unexpected increase in the size of the U.S. trade deficit. Full Article
Jul 13, 2010 U.K. Inflation Eases To 3.2% In June U.K. annual inflation slowed in June on fuel prices, suggesting that the central bank will keep the interest rate at the current level well into 2011. Full Article
Jul 13, 2010 Moody's Lowers Portugal's Rating On Fiscal ConcernsMoody's Investors Service downgraded Portugal's government bond ratings on Tuesday saying that the government's financial strength will weaken over the medium term and the economy's growth prospects are likely to remain weak. Full Article
Jul 13, 2010 Australian Business Confidence Broadly Unchanged In June: NAB Australian business sentiment was relatively steady in June after declining sharply in the previous month. Full Article
Jul 13, 2010 British Surveyors Foresee House Price Fall: RICSSluggish demand and increasing supply took British house price growth in June to the lowest level in eleven months, latest housing market survey from the Royal Institution of Chartered Surveyors, or RICS, revealed Tuesday. Full Article

Earnings News

Jul 13, 2010 Chevron sees Q2 profit higher than Q1Monday, Chevron Corp. (CVX) said it expects profit in the second quarter to rise sequentially, helped by much better performances by its refining and marketing business, as well as a stronger dollar. This implies earnings would surpass the Street view for the quarter. The company also currently estimates net charges for the period to be $250 million - $350 million. Chevron is slated to release its second-quarter results on July 30. Full Article
Jul 13, 2010 Infosys Q1 net profit down; lifts FY11 viewMonday, Infosys Technologies (INFY) reported a 2.4% decline in profit for the first quarter in terms of Indian rupee, despite a 13.3% rise in revenues, hurt by foreign exchange fluctuations, higher tax charge, as well as mounting staffing costs. On IFRS basis, profit climbed about 4.2%, and earnings per American Depositary Share came in line with the Street view. In dollar terms, Infosys' revenues grew 21% to surpass the estimate of analysts. Looking ahead, the firm guided second quarter earnings per EDS to fall short of consensus estimate, although it sees revenue to exceed expectations. Further, the company lifted its fiscal 2011 outlook, as it continues to see greater demand for outsourcing services. Full Article
Jul 13, 2010 Alcoa flags off Q2 earnings season reporting profitMonday Alcoa, Inc. (AA) opened the week as well as the earnings season by announcing a second-quarter profit, compared to loss last year. Sales for the period surged 22%, despite a small dip in aluminum prices, helped by higher end-market demand. Alcoa also said it now expects global aluminum consumption to climb 12% in 2010. Full Article
Jul 13, 2010 CSX Q2 profit up 36%, beats estimateMonday, CSX Corp. (CSX) said its second-quarter profit advanced 36%, reflecting a 13% increase in volumes, as well as an 18% decline in operating costs. Both earnings and sales, which grew 22%, came in above the Street view. Profit from continuing operations rose 47% year-over-year. Full Article
Jul 13, 2010 Novellus Systems turns to profit in Q2, beats estimateMonday, Novellus Systems, Inc. (NVLS) said it turned to profit in the second quarter, as a brisk pace of economic recovery spurned up demand for electronic goods. Both earnings and revenue, which almost trebled year-over-year, came in above the Street view. Operating expenses for the period also dipped 4.9% from the past year. Quarterly bookings went up 19.8%, and shipments rose over 17%, the company noted. Full Article
Jul 13, 2010 Fastenal Q2 profit up 59%, beats estimateTuesday, Fastenal Co. (FAST) posted a 58.9% surge in profit for the second quarter, as revenue grew 20.3% from the previous year. Both earnings and revenue came in above the Street view. As of June 30, 2010, the company operated 2,407 stores, compared to 2,350 stores a year earlier. Further, Fastenal added 15 net new stores during the quarter. Gross margin for the period expanded 100 basis points to 52.1%, and operating margin went up 490 basis points to 19.6% from the past year. Full Article

Corporate News

Jul 13, 2010 KLA-Tencor lifts quarterly dividend by 67% to 25 cents/shrTuesday, KLA-Tencor Corp. (KLAC) said it's board declared a 66.7% rise in regular quarterly dividend to 25 cents a share. The company expects the increase to be declared in August 2010. KLA-Tencor also indicated that the hike is the second dividend increase since it first instituted its dividend in April 2005. Full Article
Jul 13, 2010 J&J to buy Micrus for $480 millionMonday, Johnson & Johnson (JNJ) said it agreed to buy Micrus Endovascular Corp. (MEND) for about $480 million. Mircus is a medical device maker for the treatment of stroke and brain aneurysms. The deal values Mircus at $23.40 per share, representing a 5.5% premium to Friday's closing price. The firm expects the deal to close during the second half of 2010. Full Article
Jul 13, 2010 General Growth files for reorganization plan, secures $500 mln investmentTuesday, General Growth Properties Inc. (GGP) said it has filed for a plan of reorganization with a U.S. court and confirmed it is looking to emerge from bankruptcy protection in October with less debt in its balance sheet. The company noted that it has successfully restructured about $15 billion in project-level debt, which will help it to satisfy its debt and other claims in full. At emergence, the firm will split into two separate publicly traded companies. Yesterday, General Growth said The Teacher Retirement System of Texas will invest $500 million in the company's stock at $10.25 a share. Full Article

Broker Ratings Changes

Jul 13, 2010 FBR Capital Markets Lifts EMCOR Group Inc. (EME) To Outperform From Market Perform With $39 Up From $29 Price Target

Todays WS Events

Jul 13, 2010 Applied Materials Analyst Briefing At 11:10 AM ET Applied Materials Inc. (AMAT) will hold its Analyst Briefing at SEMICON West. The event is scheduled to begin at 11:10 AM ET July 13, 2010. To access the live audio webcast, log on at www.appliedmaterials.com/investors/index.html
Jul 13, 2010 KLA-Tencor To Present At SEMICON West Analyst Briefing; Webcast At 3:30 PM ET KLA-Tencor Corporation. (KLAC) will present at the SEMICON West Analyst Briefing. The event is scheduled to begin at 3:30 PM ET, July 13, 2010. To access the live webcast, log on to http://ir.kla-tencor.com
Jul 13, 2010 Intel Q2 10 Earnings Conference Call At 5:30 PM ET Intel Corporation (INTC) will host a conference call at 5:30 PM ET, to discuss Q2 10 earnings results, on July 13, 2010. To access the live webcast, log on at http://www.intc.com/eventdetail.cfm?EventID=80654

FOX BUSINESS: U.S. TRADE DEFICIT WIDENS TO $42.27 BILLION IN MAY, HIGHEST SINCE NOVEMBER 2008 . July 13th., 2010


Trade
Trade Gap Widens to $42.3BThe trade deficit widened unexpectedly in May, led by a big jump in imports from China.


THE MOST POWERFUL NAME IN BUSINESS NEWS

Moody's Cuts Portugal

Is the World Broke? Moody's cut the country's rating two notches citing weak growth prospects.

Wall Street Green at Open

The Dow opened up nearly 100 points after Alcoa's results gave investors hope for earnings season.

Yankees Owner Dies at Age 80

George Steinbrenner, the legendary owner of the New York Yankees baseball team died Tuesday.

Goldman May Seek Extension in Case

The bank faces a court-imposed July 19 deadline to respond to the lawsuit filed by the SEC.

Financial Reform: They've Got it Now

The biggest rewrite of financial rules since the 1930s appeared to gain the support it needed on Monday.

Olive Branch Extended to Businesses

The White House told corporate executives it has an "open door" and pledging to listen to their ideas.

THE WALL STREET JOURNA: . China Real Time Report,.- July 13th., 2010.

THE WALL STREET JOURNAL

previousChina Growth Likely Slowed in Q2

Who’s Richest: Hong Kong, China or Singapore?

 

AFP/Getty Im
When it comes to cash and stocks, rich Hong Kongers are better off than their nearby peers in Singapore and mainland China, according to a new survey.
An HSBC report says that Hong Kong’s most affluent have liquid assets of $301,289 on average, 40% more than the average wealthy Singaporean ($183,145) and 58% more than the richest mainland Chinese ($126,537).
In the early part of 2010, the majority of Hong Kong’s rich were able to capitalize on the upswing in the Hang Seng, said Bruno Lee, HSBC’s head of wealth management for Asia-Pacific. The report surveyed more than 2,000 affluent 18- to 65-year-olds in seven Asian markets from February to April.
The survey also finds that Hong Kong’s wealthiest people tend to be older than affluent mainland Chinese — 48 for Hong Kongers, compared with 44 in Singapore and just 36 in China, on average.
“Asia’s young and upwardly mobile working population is fast accumulating wealth,” said HSBC’s Mr. Lee. “In many key markets in the region, investments, particularly in local equities, are a key driver to wealth growth.”
The richest Hong Kongers kept one third of their liquid assets in equities, while wealthy Chinese investors spent, on average, $547,739 buying equities in 2009. Rich Hong Kongers spent on average $220,795 on equities over the same period.
– Duncan Mavin

 

 

 

THe Washington Post : Today's Highlights : Firms subpoenaed in attempt to regain Fannie, Freddie losses . July 13th., 2010


TODAY'S HIGHLIGHTS

6 in 10 Americans lack faith in Obama
Public confidence in President Obama has hit a new low, according to the latest Washington Post-ABC News poll. Four months before midterm elections that will define the second half of his term, nearly six in 10 voters say they lack faith in the president to make the right decisions for the countr...
(By Dan Balz and Jon Cohen, The Washington Post)

Sealing cap installed on gulf oil well
DEVICE COULD ALLOW CLOSURE
Interior Dept. issues ban on offshore drilling

(By Joel Achenbach and Mary Pat Flaherty, The Washington Post)

For longtime jobless, no more help in sight
(By Michael A. Fletcher, The Washington Post)

The sad math of U.S. aid in Haiti: 6 months, 2 percent
(By Dana Milbank, The Washington Post)

Israel may put limits on citizenship for converts
(By Janine Zacharia, The Washington Post)



POLITICS
6 in 10 Americans lack faith in Obama
Public confidence in President Obama has hit a new low, according to the latest Washington Post-ABC News poll. Four months before midterm elections that will define the second half of his term, nearly six in 10 voters say they lack faith in the president to make the right decisions for the countr...
(By Dan Balz and Jon Cohen, The Washington Post)

In hiding, in debt and on tape
Recordings reveal Blagojevich's disdain for job, thoughts about a 'Senator Oprah'
(By Peter Slevin, The Washington Post)

For longtime jobless, no more help in sight
(By Michael A. Fletcher, The Washington Post)

In Ala., bucking the outrage over spending
Democratic congressman leads in polls
(By Amy Gardner, The Washington Post)

digest
(The Washington Post)

More Politics


NATION
For longtime jobless, no more help in sight
TOMS RIVER, N.J. -- Even before his unemployment checks ended, Dwight Michael Frazee's days were filled with the pursuit of any idea that could earn him a buck. But few are working out, and now his nights are filled with dread.
(By Michael A. Fletcher, The Washington Post)

Grants aim to bolster health-care ranks
Workforce diversity funding to benefit programs at Howard
(By Darryl Fears, The Washington Post)

Sealing cap installed on gulf oil well
DEVICE COULD ALLOW CLOSURE
Interior Dept. issues ban on offshore drilling

(By Joel Achenbach and Mary Pat Flaherty, The Washington Post)

Corrections
(The Washington Post)

Basic practices could help prevent hospital infections
Survey finds lack of knowledge, resources leads to needless deaths
(By N.C. Aizenman, The Washington Post)

More Nation

WORLD
Attacks could signal a shift for al-Qaeda
KAMPALA, UGANDA -- The bombings orchestrated by Somalia's al-Shabab militia that killed at least 74 people watching the World Cup finals on television Sunday night are the latest sign of the growing ambitions of al-Qaeda's regional affiliates outside the traditional theaters of Afghanistan, Paki...
(By Sudarsan Raghavan, The Washington Post)

Castro's return to television proves to be 'anticlimactic'
Cuban leader focuses on Iran and N. Korea, not his nation's woes
(By William Booth, The Washington Post)

Sudan's Bashir charged with genocide
VIOLENCE IN DAFUR
First sitting head of state to face such counts

(By Colum Lynch and Rebecca Hamilton, The Washington Post)

The sad math of U.S. aid in Haiti: 6 months, 2 percent
(By Dana Milbank, The Washington Post)

Nation Digest
(The Washington Post)

More World

METRO
Smoke reported at Dupont Circle Station
Commuter woes that began Monday morning on escalators at the Dupont Circle Station -- one of the busiest stations on Metro's busiest line -- did not let up for the afternoon rush-hour crowd.
(By Ann Scott Tyson, The Washington Post)

Boy from Texas fatally struck
(By Martin Weil, The Washington Post)

LOTTERIES
July 12
(The Washington Post)

Plans for bike path at Army Navy club lead to uproar, suit
MEMBERS WANT FULL VOTE
Clubhouse renovations tied to county byway

(By Annie Gowen, The Washington Post)

Impostor driving Metrobus prompts tighter security, policy review
(By Ann Scott Tyson, The Washington Post)

More Metro

BUSINESS
Obama holds fast to clean energy
President Obama is looking again to convince voters that the billions of dollars he has pumped into embryonic clean-energy firms will build a better economy even if they generate only a modest number of jobs before the middle of the decade.
(By Michael D. Shear and Steven Mufson, The Washington Post)

Firms subpoenaed in attempt to regain Fannie, Freddie losses
(By Zachary A. Goldfarb, The Washington Post)

Microsoft sets sights on cloud computing
(By Cecilia Kang, The Washington Post)

For longtime jobless, no more help in sight
(By Michael A. Fletcher, The Washington Post)

A bipartisan push to the finish line
FINANCIAL BILL NEARS PASSAGE
GOP's Snowe, Brown pledge crucial votes

(By Brady Dennis, The Washington Post)

More Business


TECHNOLOGY
Microsoft sets sights on cloud computing
Microsoft got nothing but grief when it killed its Kin smartphone this month, a decision that looked like a misstep for the software giant as it struggles to stay on the cutting edge.
(By Cecilia Kang, The Washington Post)

Shedding light on sidewalk safety
Blind blogger documents pedestrian hazards and prods Montgomery officials to fix them
(By Rick Rojas, The Washington Post)

Tightened telework bill awaits House vote
First attempt derailed by security concerns; participation low
(By Ed O'Keefe, The Washington Post)

Science project goes to the edge of the Earth
(The Washington Post)

More Technology

SPORTS
NBA commissioner weighs in on James
NBA Commissioner David Stern congratulated LeBron James on his decision. He just wished it came without "The Decision." Stern said Monday that he would have advised James to tell the Cleveland Cavaliers of his choice to leave for the Miami Heat earlier than he did, and that the two-time MVP's public...
(By Tim Reynolds, The Washington Post)

Madden chokes up at Coryell memorial service
(By BERNIE WILSON, AP)

U.S. rule could keep Iroquois from lacrosse tourney
(By VERENA DOBNIK and EVA DOU, AP)

David Ortiz wins Home Run Derby
(By GREG BEACHAM, AP)

Strasburg's not around, but he's drawing raves
(By Dave Sheinin, The Washington Post)

More Sports

STYLE
M.I.A.'s 'Maya': Missing in action
M.I.A.'s new album opens with the familiar clickity-clickity of fingertips keystroking a laptop. Then come much scarier monsters: noxious sirens, nail-gun percussion and chainsaw synthesizers intent on cutting your eardrums out of your skull.
(By Chris Richards, The Washington Post)

Roman Polanski freed after Swiss reject U.S. extradition request
(By Edward Cody, The Washington Post)

Stieg Larsson's unfinished mystery
(The Washington Post)

Hardscrabble lives, a curious death in Upstate New York
(By Robert Goolrick, The Washington Post)

Too much success helps 'D-List' get an F in funny
(By Hank Stuever, The Washington Post)

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LIVE DISCUSSIONS
Opinion Focus with Eugene Robinson
Washington Post columnist Eugene Robinson will be online to discuss his recent columns and the latest news.
(Eugene Robinson, washingtonpost.com)

Shales on TV Live
(Tom Shales, BudgetTravelOnline.com)

Fashion Fix: What to wear and where to find it
(Holly Thomas,Janet Bennett Kelly, washingtonpost.com)

First Things First -- Tracee Hamilton on the latest sports news
(Tracee Hamilton, washingtonpost.com)

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The Uganda bombings
THE HORRIFIC bombings in Uganda of soccer fans watching the World Cup final marked a breakthrough for the Somali Islamist group al-Shabab. The movement began as an insurgency against a Western-backed government in lawless Mogadishu. In the course of the past year it has become a subsidiary of...
(The Washington Post)

Jobless benefits, now
Congress's post-holiday priority should be an extension of unemployment pay.
(The Washington Post)

Travesty in Switzerland
Director Roman Polanski escapes accountability for raping a 13-year-old.
(The Washington Post)