July 9, 2011
Stocks drop as job report disappoints
U.S. stocks posted broad losses on Friday as Wall Street dealt with a dismal June jobs report that showed hiring crawled to a near standstill last month. "We now have a clear indication of a stall in the U.S. economic recovery," said Frank Davis,…
July 9, 2011
Former First Lady Betty Ford Dies
Former U.S. first lady Betty Ford, an outspoken advocate for women's rights and the founder of the Betty Ford Center for substance abuse, has died at the age of 93. Family members said she died Friday evening. President Barack Obama said Mrs. Ford…
July 9, 2011
11 Bodies Found Outside Mexico City
Mexican police say the bodies of 10 men and woman were found shot on the outskirts of Mexico City Friday. Police say the victims were found in the Valle de Chalco area blindfolded and with their hands tied. The Associated Press says another body was…
July 9, 2011
Malaysia Locks Down Capital Ahead of Protests
Police in Malaysia's capital have sealed off key roads and deployed tucks mounted with water cannons near a stadium where electoral reform activists plan to hold a banned rally Saturday. Rally organizers say they expect tens of thousands of…
July 9, 2011
BP Wants to Stop Paying Future Loss Claims
British oil company BP says it should not have to pay for potential future economic losses to people in the U.S. Gulf region, saying the economy there has recovered from the 2010 oil rig explosion and massive oil spill. In a 29-page document made…
July 9, 2011
Bolting Away
World record holder Usain Bolt cruised to an easy victory over European champion Christophe Lemaitre in the 200 meters at the Areva athletics meeting Friday. The Jamaican sprinter clocked 20.03 seconds, well off his record of 19.19 set at the…
July 9, 2011
Yao Ming retires from NBA
Yao Ming, the 7-foot-6 top overall pick by Houston in the 2002 draft and one of the pivotal figures in the globalization of the NBA, has decided to retire, two sources told SI.com. News of Yao's retirement was first reported by Yahoo! Sports'…
July 9, 2011
Yankees-Rays rained out; Jeter’s quest on hold
The game between the New York Yankees and Tampa Bay Rays scheduled for Friday night has been postponed because of rain, delaying Derek Jeter's pursuit of 3,000 hits. The game will be made up Sept. 22. The rainout gives Jeter, with 2,998 career…
July 9, 2011
Messi under ‘terrible pressure’ in Copa America
Lionel Messi is probably under the greatest pressure of his career, having been blamed for Argentina's poor performances in their first two games at the Copa America. His teammates, however, are coming to his defence and coach Sergio Batisa is…
July 9, 2011
$300m in VAT owed
MORE THAN $300 million in Value Added Tax (VAT) was owed to the Barbados government as of last May 21. And according to Minister of Finance and Economic Affairs Chris Sinckler, there were vast insufficiencies in the current VAT legislation…