Archive for August 29th, 2013

Does Obama need congressional approval to bomb Syria?

August 29, 2013
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If President Barack Obama chooses to unilaterally launch a military attack against Syria in retaliation for the government’s alleged use of chemical weapons against civilians last week, he is certain to face criticism that he’s overstepping his executive authority.
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President talks with House Speaker Boehner on Syria

August 29, 2013
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WASHINGTON (Reuters) – President Barack Obama called Speaker of the House John Boehner by telephone on Thursday to discuss his deliberations on Syria, a spokesman for Boehner said, adding that more consultation with Congress and the U.S. public was needed.
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Stronger economic reports push stock market higher

August 29, 2013
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NEW YORK (AP) — The stock market edged higher on Thursday as positive news for the U.S. economy outweighed worries about escalating tensions with Syria.
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Nasdaq says software bug, Arca problems led to trading outage

August 29, 2013
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By John McCrank NEW YORK (Reuters) – Nasdaq OMX Group (NSQ:NDAQ) said on Thursday Nasdaq‘s three-hour trading halt last week was due to an internal software bug and other technology issues triggered by problems at NYSE Euronext‘s (NYS:NYX) Arca exchange that led to the failure of a key backup system.
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‘Lessons of Iraq’ dog Britain’s Syria strike plans

August 29, 2013
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By Guy Faulconbridge and Andrew Osborn LONDON (Reuters) – Prime Minister David Cameron‘s plans for an imminent military strike on Syria were in disarray on Thursday after a revolt by lawmakers warning him to heed the “lessons of Iraq“.
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Massive wildfire prompts new travel restrictions through Yosemite

August 29, 2013
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By Laila Kearney SAN FRANCISCO (Reuters) – Firefighters determined to keep a massive blaze from raging into the heart of California‘s Yosemite National Park have shut down half of its main east-west corridor, just days before a holiday weekend marking the end of the peak summer tourist season.
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MARKET PULSE-Vodafone, Verizon, Guess, Facebook, US Airways

August 29, 2013
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s)
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Wall Street to rise as Syria reassessed, caution lingers

August 29, 2013
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By Rodrigo Campos NEW YORK (Reuters) – Wall Street was set to rise at the open on Thursday on growing signs a timeline for launching a Western military strike on Syria could be delayed, though caution lingered across markets.
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Playtech first half earnings rise 13 percent, chairman to step down

August 29, 2013
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LONDON (Reuters) – Gaming software developer Playtech posted a 13 percent jump in first half-earnings on Thursday, helped by the rising popularity of mobile and online gambling, and said it was confident of meeting full year market expectations.
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Implats’ full year earnings halved on prices, labour tensions

August 29, 2013
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JOHANNESBURG (Reuters) – South Africa‘s Impala Platinum‘s full-year earnings fell by around half as a tough labour environment and depressed prices bit into earnings, the company said on Thursday.
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