AP - Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.
AP - Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.
AFP - A deadline loomed Friday for Radovan Karadzic to appeal his transfer to the UN war crimes tribunal, as more details emerged about his life on the run and his assets came under threat of confiscation.
AFP - Barack Obama travelled to Paris Friday to tell President Nicolas Sarkozy that Americans have an "enormous fondness" for the French and to thank him for sending more troops to Afghanistan.
Reuters - Eight small bombs exploded in
quick succession across the south Indian IT city of Bangalore
on Friday, killing a woman and wounding at least 15 people,
police said.
Reuters - Legislation to rein in excessive
energy speculation failed a key procedural vote on Friday to
move forward in the Senate, and now lawmakers will set aside
the bill to consider other legislation.
Reuters - The United States expanded sanctions
against President Robert Mugabe's government on Friday,
increasing pressure on the Zimbabwean leader as his party
discusses a power-sharing deal with the opposition.
Reuters - Troubled global trade talks showed signs
of progress on Friday after crunch negotiations among seven key
countries, ministers and officials said.
Reuters - Consumer sentiment rebounded in July
from a 28-year low and business investment rose unexpectedly
last month, according to data on Friday that showed rare signs
of resilience for the U.S. economy.
Reuters - U.S. retail gasoline prices have
fallen more than 10 cents per gallon in a week and could fall
another 25 cents by the end of summer, a sign the worst is over
for U.S. motorists this vacation season.
Reuters - U.S. presidential candidate Barack Obama
said on Friday Iran should not wait for the next administration
to halt its uranium enrichment program.
AP - Brett Favre told the Green Bay Packers he plans to report to training camp this weekend, the NFL Network reported Friday, in a move perhaps designed to force the team to quickly trade the three-time MVP. -- read full article
AP - AOL is shutting three data-storage services, including one of the Internet's earliest photo-sharing sites, as it seeks to cut costs and focus resources on its advertising opportunities. -- read full article