AP - Wearing white to symbolize purity, worshippers throughout this African capital gathered to pray on one of the final nights of Ramadan. To purify the soul and purge sin, they hadn't eaten all day and refrained from drinking, smoking and having sex — which during the holy month is only allowed among spouses at night.
AP - The hidden face of the Emirates' economic crunch is in places such as Industrial Zone 18 and the ramshackle compound for about 700 migrant workers within. For more than six months, they have lived on charity, fought off rats and slept amid piles of trash after a construction company abruptly closed and left them jobless.
AFP - Pakistan's cricket chief stressed Wednesday that British police had yet to charge any of the three players accused of spot-fixing and said there was "zero tolerance" against corruption.
AP - Afghan election officials said Wednesday that scores of additional polling stations will be closed during the Sept. 18 parliamentary vote because of the deteriorating security situation in the country.
Reuters - The Standard & Poor's 500 index rose more than 1 percent in afternoon trading on Wednesday, while the Dow and Nasdaq added to gains as worries about Europe's banking system decreased, easing risk aversion.
AP - A Muslim stone mason who spent nearly four decades helping to restore an ancient Roman Catholic cathedral has been immortalized, as a winged gargoyle peering from the facade of the edifice with the inscription "God is Great" at his clawed feet.
AP - Tax preparation company H&R Block has struggled for the last two tax seasons and faces uncertainty over the mortgages it still holds from its former lending operations, an Oppenheimer analyst said Wednesday.
AP - Fidel Castro's warnings of a looming war between the United States and Iran have Cuba buzzing with fears of nuclear Armageddon. But the revolutionary icon's alarming predictions have barely registered in the place where it might matter most: Iran.
AP - Bahrain's government on Wednesday suspended the board of a prominent human rights group, accusing it of being too partial to the country's Shiite majority.
Reuters - Members of Goldman Sachs Group Inc's New York Principal Strategies team are in talks with several groups, including KKR, Perella Weinberg and BlackRock Inc, to possibly join one of them, a source familiar with the matter said.
AP - One of East Timor's deputy prime ministers resigned after Prime Minister Xanana Gusmao allegedly screamed at him during a public meeting and called him a liar — dealing another blow to the young country's stability.
AP - Jeffrey Allen Weathers moved from Alaska to an oceanfront apartment in the Caribbean, but his new neighbors soon suspected the heavyset American hadn't come for the sun. The FBI now says they were right.
AP - Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are dealing with their debt crisis.
AP - Pakistan will soon bring terrorism charges against three men alleged to have helped the failed Times Square bomber meet up with militant leaders close to the Afghan border and sent him money to carry out the attack, a senior police officer said Wednesday.
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
Reuters - The Conservative government has seen its lead over the Liberals evaporate following recent controversies and the two parties are now statistically deadlocked, according to a public opinion poll released on Wednesday.
Reuters - BP attempted to place much of the blame for the rig blast that led to the United States' worst-ever oil spill on its contractors, Transocean and Halliburton.
AFP - The European Union said Wednesday it had suspended a request at the World Trade Organization for the right to impose sanctions on Washington over a controversial US anti-dumping calculation.
AP - Smithfield Foods Inc. said Wednesday higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.
AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.
Reuters - Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.
U.S. News & World Report - Defaults in the municipal bond market can happen, as some investors recently discovered. Municipal bonds, which are generally some of the safest investments, are issued by states, municipalities, or counties, and are usually exempt from federal, state, and local taxes. Muni defaults--such as those on bonds issued this year in Jefferson County, Ala., and Harrisburg, Pa.--are not common, but in an era of budget cuts and lower revenues, it's important for investors to be aware of the risks. Here are a few general rules for muni investors to follow:
Reuters - Women's clothing retailer Talbots Inc posted lower-than-expected quarterly sales and its shares fell 11.6 percent as efforts to keep inventory lean and preserve margins left it short of items to sell.
Reuters - Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.
Time.com - The first congress in three decades of the ruling Workers Party is rumored to be imminent, suggesting that a succession is being prepared that will hand power to a third generation of the first family
Time.com - While he's planning violence against books rather than people, the Koran-burning Florida preacher is following a self-promotion strategy familiar to the al-Qaeda leader -- a little provocation goes a long, long way
OneWorld.net - NEW
YORK, Sep 7 (IRIN) - Activists are pulling out all the stops
ahead of a development summit at UN headquarters on 20-22 September.
Pro-aid and anti-poverty lobbyists are trying everything from giant
letters to banging pans to raise awareness of the high-level event.
McClatchy Newspapers - ASHEQUE, Afghanistan — Zhari, the birthplace of the Taliban movement and once again a major stronghold of the Taliban insurgency, looks set to become a battle zone where some 2,400 U.S. troops will lead an attempt to reclaim the region for the Afghan government.
The Christian Science Monitor - Iran reacted angrily Tuesday to charges from the United Nations nuclear watchdog that it was hindering an investigation of its nuclear programs by blocking experienced inspectors, and limiting access and design information.
AP - Toyota Motor Corp., hoping to solidify its standing as the top brand for Hispanic buyers in the U.S., is offering drivers a series of stickers that celebrates their Hispanic heritage.
Reuters - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...