LONDON - American Robert Dudley will become BP PLC's first ever non-British chief executive, the company said Tuesday as it reported a record quarterly loss and set aside $32.2 billion to cover costs of the devastating Gulf of Mexico oil spill. Full Story »
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BP replaces CEO Hayward, reports $17 billion loss
AP – 16 mins ago -
Audit: US can't account for $8.7B in Iraqi funds
AP – 8 mins agoBAGHDAD - The U.S. Defense Department is unable to properly account for over 95 percent of $9.1 billion in Iraqi oil money tapped by the U.S. for rebuilding the war ravaged nation, according to an audit released Tuesday. Full Story »
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Consumer confidence retreats further in July
AP – 47 mins agoNEW YORK - Americans' confidence in the economy eroded further in July amid worries about a job market that has proven stubbornly stagnant. The report raised concerns about the overall economy and the back-to-school season. Full Story »
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US braces for blowback over Afghan war disclosures
AP – 6 mins agoWASHINGTON - Operatives inside Afghanistan and Pakistan who have worked for the U.S. against the Taliban or al-Qaida may be at risk following the disclosure of thousands of once-secret U.S. military documents, former and current officials said. Full Story »
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Koreas mark truce, but drills underscore tensions
AP – 1 min agoABOARD THE USS CURTIS WILBUR - On the 57th anniversary of the armistice that ended the Korean War, U.S. and South Korean ships intensified high-profile military exercises Tuesday that underscore rising tensions in a region yet to truly find peace. Full Story »
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Dutch sailor, 14, gets OK for solo world trip
AP – 22 mins agoMIDDELBURG, Netherlands - A Dutch court cleared the way Tuesday for 14-year-old Laura Dekker to embark on a risky attempt to become the youngest person to sail solo around the world, an adventure that could begin in the next two weeks. Full Story »
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Poll: A few cracks in Obama's Hispanic support
AP – Tue Jul 27, 6:31 am ETWASHINGTON - President Barack Obama's once solid support among Hispanics is showing a few cracks, a troubling sign for Democrats desperate to get this critical constituency excited about helping the party hold onto Congress this fall. Full Story »
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Stocks fluctuate after two economic reports
AP – 28 mins agoNEW YORK - Stocks traded in a tight range Tuesday as investors again try to balance conflicting economic and earnings reports to determine the pace of a global recovery. Full Story »
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With sweetness, soul, Aretha and Rice make music
AP – Tue Jul 27, 6:30 am ETPHILADELPHIA - Condoleezza Rice is no stranger to the whims of royalty. So when the Queen of Soul herself, Aretha Franklin, decided the two should get together to play a song or two for charity, it was decreed. Full Story »
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Matt Garza pitches 1st no-hitter in Rays history
AP – Tue Jul 27, 7:24 am ETST. PETERSBURG, Fla. - The Tampa Bay Rays finally wound up on the right side of a memorable pitching performance. Full Story »
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