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Stiffer Costs, Rules in Gulf Will Squeeze Smaller Players

Wall Street Journal - Ángel GONZáLez - ‎2 hours ago‎
The troubles of behemoth BP PLC now threaten the small oil and gas companies that helped unlock the Gulf of Mexico's deepwater business.

Times Square Bomb Plot Suspect Pleads Guilty

WNYC - Ailsa Chang - ‎9 minutes ago‎
AP sources: Obama to announce new health benefits This courtroom sketch shows Pakistani-American Faisal Shahzad (L) standing before US District Judge Miriam Goldman Cedarbaum (R).

White House Budget Chief Is Leaving

New York Times - Jackie Calmes - ‎1 hour ago‎
WASHINGTON - Peter R. Orszag will leave his job as the White House budget director in July, according to someone familiar with his plans, making him perhaps the first official to leave the Obama cabinet and removing a major player from ...

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US lawmakers unveil Iran sanctions bill

AFP - Olivier Knox - ‎2 hours ago‎
WASHINGTON - Top US lawmakers crafting Iran sanctions legislation announced Monday they had reached a deal on a series of punitive measures aimed at piling pressure on Tehran over its suspect nuclear program.

US is “pleased” with Colombia's new president-elect Santos

The Hindu - ‎9 minutes ago‎
The United States on Monday congratulated Colombia's new president-elect Juan Manuel Santos and said it was “pleased” with the election of the conservative who is expected to continue the policies of outgoing President Alvaro Uribe.
Colombia Speaks Wall Street Journal

US indirectly paying Afghan warlords as part of security contract

Washington Post - Karen DeYoung - ‎3 hours ago‎
The US military is funding a massive protection racket in Afghanistan, indirectly paying tens of millions of dollars to warlords, corrupt public officials and the Taliban to ensure safe passage of its supply convoys throughout the ...

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High court backs law barring advice to terrorist groups

Boston Globe - Robert Barnes - ‎47 minutes ago‎
WASHINGTON - The Supreme Court yesterday upheld a federal law that forbids providing training and advice to terrorist organizations even about entirely peaceful and legal activities, saying it does not violate the free speech rights of ...

Illegal Immigrants Restricted

New York Times - Monica Davey - ‎34 minutes ago‎
Residents of a small city in Nebraska voted on Monday to banish illegal immigrants from jobs and rental homes, defying an earlier decision by the city's leaders and setting off what is all but certain to be an expensive and closely ...

A GOP chorus of Joe Bartons on the BP oil spill

Washington Post - Eugene Robinson - ‎14 minutes ago‎
Joe Barton is not alone. The Texas congressman's lavish sympathy for BP -- which he sees not as perpetrator of a preventable disaster but as victim of a White House "shakedown" -- is actually what passes for mainstream opinion among ...
Rahm on the Run Wall Street Journal

Yuan jumps to post-revaluation high

Reuters - Lu Jianxin, Jason Subler - ‎59 minutes ago‎
SHANGHAI (Reuters) - China's yuan soared on Tuesday to its highest level against the dollar since its July 2005 revaluation after the central bank signaled it would allow the yuan to continue its rise on Tuesday.

Merchants Win Debit-Card Fee Battle

Wall Street Journal - Miguel Bustillo - ‎1 hour ago‎
Retailers stand to reap billions from the financial-overhaul legislation being finalized by Congress this week, possibly giving them a long-sought victory by slashing the "swipe fees" that credit-card companies charge merchants for ...

Yuan Gain May Alter Global Growth More Than Velocity

BusinessWeek - Simon Kennedy, Rich Miller - ‎22 minutes ago‎
(Updates with today's yuan trading in fifth paragraph. For more on China's yuan decision, see {EXTRA }) By Simon Kennedy, Rich Miller and Alex Tanzi June 22 (Bloomberg) -- China's shift toward a stronger exchange rate may alter the shape of the world ...

Mac's Future: Death Rumors Greatly Exaggerated

BusinessWeek - Arik Hesseldahl - ‎18 minutes ago‎
Sure, the iPhone sells more units and the iPad grabs headlines. Apple's Mac still has plenty of room for unit growth and feature innovation By Arik Hesseldahl Don't be fooled by the hoopla over the iPad.

Adobe Flash gets its full launch on Android

VentureBeat - Anthony Ha - ‎13 minutes ago‎
After months of back-and-forth debate about whether Adobe's Flash technology is a good fit for smartphones, Adobe is launching a full version of Flash for mobile devices, starting with Google's Android operating system.

In Price War, E-Readers Go Below $200

New York Times - Brad Stone - ‎6 hours ago‎
Greta Barnes, left, and her daughter, Marselena, trying out the Nook e-book reader at a Best Buy store in Manhattan. Barnes & Noble, the national bookseller, announced Monday that it was dropping the price of its six-month-old Nook ...

'American Idol' announces audition dates, lowers minimum age to 15

Reality TV World - ‎56 minutes ago‎
By Reality TV World staff, 06/21/2010 Fox has revealed American Idol's tenth-season audition dates and announced the reality competition has lowered its minimum eligibility age from 16 to 15 years old.

"Toy Story 3" Tops Film Merchandise Shipments

ABC News - Paul Bond - ‎3 hours ago‎
LOS ANGELES (Hollywood Reporter) - "Toy Story 3" is not only a box office hit but a merchandising behemoth as well. Panjiva, a company that tracks international trade, has calculated that the Pixar picture has moved more merchandise than ...

Perez Hilton won't back down on Miley front

msnbc.com - ‎3 hours ago‎
The Perez Hilton/Miley Cyrus upskirt conflict lives on. The blogger told the crowd at the MuchMusic Video Awards (hosted by Cyrus) on Sunday night that he “did manage to speak to Miley Cyrus and yes she was wearing underwear as she tells me she always ...

Lakers wear their latest championship well on victory parade

Los Angeles Times - ‎1 hour ago‎
A nattily attired Ron Artest keeps his nonstop party rolling and Lakers teammates join in during procession from Staples Center to USC's Galen Center, with an estimated 65000 to 70000 lining the route to help celebrate the NBA Finals victory over ...

Spain Impresses, but Knows It Has Work Still to Do

New York Times - Jeré Longman - ‎3 hours ago‎
JOHANNESBURG - Spain played with urgency Monday night, to survive in the World Cup, to defeat one opponent in hopes of avoiding another.

Referees Talk Openly, but Not About That One Call

New York Times - Jeffrey Marcus - ‎3 hours ago‎
PRETORIA, South Africa - The referee Koman Coulibaly blew his whistle almost 90 times during the United States' 2-2 tie with Slovenia on Friday, but one blast stands out, and his decision to disallow an apparent go-ahead goal by the ...

Study: Cartoon characters attract kids to junk food

CNN - Sarah Klein - ‎11 hours ago‎
Characters have been on food products for years; little research has been done to examine how they influence food choices. (Health.

Individuals see health insurance costs jump-report

Reuters - Susan Heavey, Lisa Von Ahn - ‎7 hours ago‎
WASHINGTON, June 21 (Reuters) - US health insurers are raising prices by an average of 20 percent for working age adults who buy their own policies, according to a survey released by a nonprofit healthcare group on Monday.

High court allows trial on drug safety

CNN - Bill Mears - ‎7 hours ago‎
Washington (CNN) -- A lawsuit brought by a breast cancer patient against a major drug company will go forward after the Supreme Court refused to intervene in the dispute.

Shiancoe: Rules stretch for Favre

Viking Update (subscription) - Tim Yotter - ‎Jun 17, 2010‎
Visanthe Shiancoe admitted there is a double standard for Brett Favre, but he and everyone else on the team seem OK with that. See what else he had to say about Favre's privileges and why the quarterback can bend the normal rules.

Why do we need to look for Bigfoot?

CNN - Elizabeth Landau - ‎15 hours ago‎
(CNN) -- Watch out! It's 10 feet tall and hairy, and it could be coming to get you -- or your dogs! Bigfoot, also known as Sasquatch, is said to be an ape-like monster but has never been proved to exist.

Report: Stepmom Investigated in Missing Oregon Boy

People Magazine - Eunice Oh - ‎Jun 18, 2010‎
As the search for Kyron Horman quietly ended this week, investigators are now looking at the 7-year-old's stepmom, who is believed to be the last person seen with the boy, according to a report.

One-on-One Richt: Life After Football

Dawg Post (subscription) - Dean Legge - ‎Jun 15, 2010‎
MARIETTA - Georgia head coach Mark Richt spoke in a rare one-on-one interview with Dean Legge about football and life afterwards. Richt was meeting with young people in East Cobb at the Sports-a-Rama for a workshop about life after ...

Quick Haynesworth thoughts; mail

SI.com - Simon Bruty - ‎Jun 18, 2010‎
One season after signing a record-breaking free agent contract, Albert Haynesworth has turned his back on the Redskins. A few quick thoughts on the Albert Haynesworth saga... • Haynesworth's scheme preference is misguided. The most interesting aspect ...