Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery.
HALIFAX, Canada (Reuters) - Earl has slowed to a tropical storm, with wind speeds of some 60 knots, or just below 70 mph, the Canadian Hurricane Center said on Saturday.
NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
WELLINGTON (Reuters) - Authorities declared an overnight curfew for Saturday after a major earthquake hit New Zealand's second biggest city, Christchurch, bringing down power lines and bridges and wrecking roads and building facades.
ISLAMABAD (Reuters) - Pro-Taliban Pakistani militants are trying to create a sectarian rift, Interior Minister Rehman Malik said on Saturday, as a new wave of violence piled pressure on a government already struggling with a flood crisis.
MEXICO CITY (Reuters) - A Mexican judge ordered Edgar "La Barbie" Valdez, believed to be one of the country's top drug bosses, held for 40 more days of investigation, the federal prosecutor's office said on Saturday.
KABUL (Reuters) - An Afghan peace council to pursue talks with the Taliban has been set up, President Hamid Karzai said on Saturday, the latest step in a gradual move toward reconciliation with the Islamist insurgents.
QUETTA, Pakistan (Reuters) - A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 54 people in the second major attack this week and piling pressure on a U.S.-backed government overwhelmed by a flood crisis.
HOUSTON (Reuters) - U.S. government inspectors found no leaking oil at Mariner Energy Inc's burned platform in the Gulf of Mexico, officials said late on Friday, allaying fears about more environmental damage after BP's massive spill.
HOUSTON (Reuters) - BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top U.S. official overseeing the spill response said.
