Fed: Region's economy has weakened further - Business Courier of Cincinnati:

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That’s according to the latest quarterly Beige Book report fromthe Fed. In its June the Fed noted that one-third of manufacturing companied contacted for the survey recorded drops in production and new Steel producers and service centers did report that prior sharlp declines in shipping volume areleveling off, but volumw is still low. The only market showingt signs of stabilityis defense, accordinb to the report. Manufacturers also reported that capitalp budgets have been frozen or cutback sharply. And some manufactureras are limiting expenditures to criticalmaintenance only. Most respondente in manufacturing reported deeper cuts in payrolsince April.
In the real estatee industry, residential construction remains weak, although buildersw are more optimistic than they were earliere inthe year. Most surveyed reportec increased sales activity and highert levels of foot But builders are finding it hard to secure financing and say that the continuer credit crunch is hampering the recoveryu in thehousing industry. On the commercial real estatde side, builders in public works projecyt were more positive than thosee in other commercial and industrial Financing also is a problem in commerciaol real estate and most builderzs do not see conditions improving over the next few according tothe report. In the retaiol industry, responses were mixed.
Retaileres said they have seen no major shiftse in consumer spending and said they expect littld change during thethird quarter. Auto dealerw report new vehiclesales slowed, but used vehiclee sales showed modest improvement. In banking, financial institutions reportecd that demand for commerciakl and industrial loans is with some community bankers reporting that they are attracting business fromregional banks. Refinancing applications for residentialk mortgagesremain strong, with interest rates hovering at low levels. Most banker s reported increases inloan delinquencies.
Most of those loans were tied to real Production declines were reported by respondents in the coal as electric utilities work through theirexcesds inventories. Oil and gas production was reportec tobe stable, despite a general slowdown in drilling activity. In the transportation industry, shippinb volume was reported to be at low levelzs and shipments are downsubstantiallyh year-over-year. Most transportation industry officials expect activith to stay at currenr levels through thethird quarter.

Donnelley gets OK to use cash - Triangle Business Journal:

http://www.nadeznost.ru/er5.html
Judge Kevin Gross of the U.S. Bankruptcyh Court in Wilmington, Del., on June 1 granted R.H. Donnelleh (OTC:RHDC) authority to access more than $300 million of its available cash to ensuree continued supply of products toits customers. "Thde relief granted yesterday ensures R.H. Donnelley can continus business as usual as we take steps to restructur ethe company's balance sheet and place R.H. Donnelleu on a more solid financial foundation," David C. chairman and chief executive officerof R.H. said in a written statement.
The companyh added that the judge also granted otherecustomary "first day hearing" including motions to continue paying employewe wages and benefits and to honor obligations to the firm'z customers. R.H. Donnelley, whichn employs 450 people in Caryand Morrisville, filed for Chapter 11 bankruptcy on May 28, 2009.

H&M signs on at The Florida Mall - Washington Business Journal:

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The new 24,000-square-foot store, the Swedisjh clothing retailer’s first in the state, will be one of severak retail tenants inthe mall’ss new attached 136,000-square-foot open-air center. Mall manager Brianh Peters said is wooing other retailera for thenew area, whichb is replacing a former The area is slated to feature a “resort-likee feel,” Peters said, with brick pavers, building accents and Several other lease deals are close to completion, but the compang is not announcing any other names at this Peters said. Plans posted on Simon’s Web site show , and owned by — as other potential anchotr tenants.
Dallas-based VCC is the general contractor on the Plans include twoseparate buildings, one on each side of an open Indianapolis-based Simon (NYSE: SPG) owns eightg other malls and shopping centers in Centrak Florida: Seminole Towne Center, Waterford Lakes Town Center, Lake Squarwe Mall, Melbourne Square, Terracw at The Florida Mall, West Town Corners, Highland Laked Center and Orlando Premium Outlets.

Homeland Security Secretary Visits Great Falls - KFBB NewsChannel 5

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Washington Times

Homeland Security Secretary Visits Great F »

Brit rocker Billy Idol returns, mixing old with new - Dallas Morning News

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Dallas Morning News

Brit rocker Billy Idol returns, mixing old with new Dallas Morning News His latest tour, in which he and Stevens are performing with some new band members and adding a few new tunes to the mix, stops at the Palladium on Tuesday. ... and more »

WikiLeaks founder wanted in Sweden for rape - Xinhua

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Globe and Mail

WikiLeaks founder wanted in Sweden for rape Xinhua STOCKHOLM, Aug. 21 (Xinhua) -- The Swedish Prosecution Authority has issued a warrant for the arrest of WikiLeaks founder Julian Assange on suspicion of rape. The authority said Saturday the warrant, issued on Friday evening, was based on "one report ... Sweden drops rape accusation against founder of WikiLeaks CNN Profile: Julian Assange BBC News Sweden Drops Rape  »

Troubles mount for Iowa firm as egg recall expands - USA Today

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Kansas City Star

Troubles mount for Iowa firm as egg rec »

Rod Blagojevich verdict: Guilty on only 1 count, Blago vows to fight on - Los Angeles Times

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Boston Globe

Rod Blagojevich verdict: Guilty on only 1 count, Blago vows to fight on Los Angeles Times After a federal jury convicted him of just one count -- lying to the FBI -- and deadlocked on 23 other counts, Rod Blagojevich declared his innocence today and defiantly taunted prosecutors. ... Why Rod Blagojevich was convicted on only one of 24 counts Christian Science Monitor Rod Blagojevich guilty on just one count of 24 in corruption trial The Guardian Blagojevich: 'I didn't break any laws' Chicago Sun-Times Washington Times -AFP -Plain Dealer  »

Weep for Johnson if you must, but rules are rules - CBSSports.com

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msnbc.com

Weep for Johnson if you must, but rules are rules CBSSports.com SHEBOYGAN, Wis. -- The rules notice still hung prominently, even as the tournament was in its final last gasps, on the row of lockers in the Whistling Straits clubhouse. It was black print on a piece of white, 8 x 11 paper. ... Penalty that cost Johnson was spelled out on rules sheet Los Angeles Times Golf needs Tiger to play like Tiger again msnbc.com Johnson f »

Preaching About a Mosque - New York Times

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CBC.ca

Preaching About a Mosque New York Times The Thread is an in-depth look at how major news and controversies are being debated across the online spectrum. The personal is still political. “Michael R. Bloomberg is a former W »

Report: 8 percent of US newborns have undocumented parents - CNN

MyFox Chicago

Report: 8 percent of US newborns have undocumented parents CNN The 14th Amendment stipulates that children born in the United States automatic »

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Fed-Up Flight Attendant Makes Sliding Exit - New York Times

New York Daily News

Fed-Up Flight Attendant Makes Sliding Exit New York Times It has been a long time since flight attendant was a glamorous job title. The hours are long. Passengers with feelings of entitlement bump up against new no-frills policies. Babies scream. Security precautions grate but ... Flight Attendant Grabs Two Beers, Slides Down the Emergency Chute W »

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Taliban kills 10 aid workers, including 6 Americans - Los Angeles Times

Globe and Mail

Taliban kills 10 aid workers, including 6 Americans Los Angeles Times Tom Little, right, of Delmar, NY, was among the members of a medical team reported slain by Taliban fighters in northern Afghanistan. Taliban fighters gunned down a 10-member international medical team ... NATO: 3 US service members killed in Afghanistan The Associated Press Medic's mission BBC News Taliban kills 10 medical aid workers in northern Afghanistan Washington Post Sydney Morning Herald -Pittsburgh Post Gazette -AFP  »

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Wyclef Jean to run for president of Haiti - CNN

Globe and Mail

Wyclef Jean to run for president of Haiti CNN By the CNN Wire Staff (CNN) -- Hip-hop artist Wyclef Jean says he has submitted the necessary paperwork to run for president of Haiti, a country he left when he was a child. Jean made the anticipated announcement Thursday on CNN's "Larry King Live. ... Wyclef Jean: From the musical stage to the political one in Haiti MiamiHerald.com Singer Wyclef files to run for Haiti's presidency The Associated Press Wyclef Jean Registers as Haiti Presidential Contender ABC News New York Times -AFP -Seattle Post Intelligencer  »

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Employees in workplace shooting still reeling - CNN

CBC.ca

Employees in workplace shooting still reeling CNN By the CNN Wire Staff Manchester, Connecticut (CNN) -- As police investigate the deadly shooting spree at Hartford Distributors and prepare to identify its victims, the company will meet Wednesday with employees, some of whom have been with the company ... Man kills 8, self in Connecticut shooting rampage D »

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BP gears up for two-phase effort to plug Gulf oil well - CNN

Los Angeles Times

BP gears up for two-phase effort to plug Gulf oil well CNN By the CNN Wire Staff New Orleans, Louisiana (CNN) -- One of two efforts to seal the ruptured oil well in the Gulf once and for  »

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