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Top World News

Obama says he'll 'fix broken politics' (AP)

Huge crowds line up to get into Invesco Field for the final night at the Democratic National Convention in Denver, Thursday, Aug. 28, 2008.  (AP Photo/Matt Rourke)AP - Barack Obama, launching his historic fall campaign for the White House with an outdoor Democratic National Convention extravaganza, pledged Thursday to "fix the broken politics in Washington" after he defeats Republican John McCain in the fall.


Tourists, residents flee as Gustav swamps Jamaica (AP)

A woman carries a child through flooded roads caused by Tropical Storm Gustav in Fond Parisien village, Haiti, Thursday, Aug. 28 ,2008.  Gustav moved away from the island of Hispaniola, where it killed 23 people in Haiti and the Dominican Republic, and inched toward Jamaica's low-lying capital, 80 miles (130 kilometers) to the west. Forecasters predicted it would hug Jamaica's southern shore before making a near-direct hit on Grand Cayman. (AP Photo/Ariana Cubillos)AP - Residents, tourists and oil workers fled as Gustav swamped Jamaica on Thursday, leaving 59 people dead in its wake. Louisiana and Texas put their national guards on standby, and New Orleans said a mandatory evacuation might be necessary.


 

Business News

Economy shows vigor in Q2, but seen flagging (Reuters)

The U.S. economy expanded at a stronger-than-first-reported 3.3 percent annual rate in the second quarter, as consumer spending and net exports were more robust than initially estimated and inventories fell less sharply, a government report showed on Thursday. (Graphics/Reuters)Reuters - Strong exports and consumer spending supported by government stimulus checks drove the U.S. economy up at a solid 3.3 percent annual rate in the second quarter, much faster than first thought, but growth is expected to flag as those factors fade.


Dell earnings disappoint, tech spending seen weak (Reuters)

A Dell laptop computer is seen in New York, August 26, 2008. (Brendan McDermid/Reuters)Reuters - Dell Inc posted a surprisingly steep drop in quarterly earnings and said companies around the world are cutting back on technology spending, sending its shares tumbling and sparking fears of weakness in the whole tech sector.