AP - Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released Tuesday.
AP - Russian soldiers took about 20 Georgians in military uniform prisoner at a key Black Sea port in western Georgia on Tuesday, blindfolding them and holding them at gunpoint, and commandeered American Humvees awaiting shipment back to the United States.
AP - Tropical Storm Fay moved inland Tuesday after making landfall in southwest Florida, never growing into the hurricane that forecasters had cautioned it could become.
AFP - Georgia and Russia exchanged prisoners Tuesday but Moscow warned not to expect a rapid troop withdrawal as the West's main military alliance met to discuss the conflict.
AFP - Pervez Musharraf faced an uncertain fate on Tuesday after his resignation as president of Pakistan, as the country's fractious ruling coalition prepared to pick a replacement for the key US ally.
Reuters - U.S. investment bank Lehman Brothers
Holdings Inc is considering options, such as selling all or
part of its asset management unit, with an aim of reaching a
deal by the time it releases third quarter earnings, sources
said.
Reuters - Embattled Detroit Mayor Kwame
Kilpatrick won a legal victory on Monday when a judge blocked
the city council from holding hearings intended to oust him.
Reuters - Leaders of Pakistan's coalition
government on Tuesday set about seeking a replacement for
President Pervez Musharraf and tackling pressing economic and
security problems.
Reuters - China praised injured national hero Liu
Xiang on Tuesday, smothering disappointment that he limped away
from his hurdles heat by stressing its dominance of the
Olympics medals table.
Reuters - FBI officials defended on Monday the
scientific evidence linking a U.S. Army scientist who committed
suicide to the deadly 2001 anthrax attacks, but acknowledged
missteps occurred early in its investigation.
Reuters - European stocks slid in tandem with
their Asian counterparts on Tuesday, haunted by renewed concern
surrounding the top U.S. mortgage finance companies, while
falling oil helped send the dollar to fresh peaks.
Reuters - Russian troops and
tanks did not move out of Georgia overnight through the main
military crossing point, despite a Russian announcement that a
gradual withdrawal was underway.
Reuters - Tropical Storm Fay hit the
Florida Keys with heavy rain and winds that knocked down trees
and signs before churning toward southwest Florida on Monday
after killing more than 50 people in the Caribbean.
AP - The smile returned to Kerri Walsh's face long before the match was officially over, and the player known as "Six Feet of Sunshine" was back to her usual, bubbly self.
