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Tickets for Obama’s nomination speech selling big

His approval rating may be under 50 percent but some Americans are still willing to pay good money to hear President Barack Obama speak. With the 2012 election campaign in full swing, Obama will make a high-profile pitch to voters Thursday in Charlotte, North Carolina, where Democrats’ are holding their…

U.S. auto sales jump 20 percent in August

U.S. auto sales jumped 20 percent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data showed Tuesday. The results will be welcome news for President Barack Obama, who is touting his rescue of…

Canadian police criticized after forcing protest plane to land

One of Canada’s largest public sector unions on Tuesday alleged political interference after police ordered a small plane towing a banner reading “Stephen Harper hates us” to land. The Royal Canadian Mounted Police told public broadcaster CBC the weekend flight over Ottawa strayed into restricted airspace, so the pilot was…

Former Colombian president tapped for News Corp board

Media giant News Corp. said Tuesday that former Colombian president Alvaro Uribe and former U.S. labor secretary Elaine Chao have been nominated for the board of directors. They will stand for election at the U.S.-based company’s shareholder meeting October 16 in Los Angeles. The move comes with tycoon Rupert Murdoch’s…

Oxfam warns food prices to soar due to climate change

PARIS — Staple food prices may double within the next two decades due to climate change and an increase in extreme weather including droughts and hurricanes, the anti-poverty group Oxfam said Wednesday. Oxfam warned current climate change research isn’t taking into account extreme weather events, which it warned could also…

Mormons rally for Obama

CHARLOTTE, North Carolina — Not all Mormons are going to vote for Mitt Romney when the polls open in the United States in nine weeks time. Despite Romney being the first Mormon presidential nominee, hundreds of his fellow believers gathered in Charlotte, North Carolina on Tuesday to campaign for his…

Republicans slam Obama as debt tops $16 trillion

WASHINGTON — Republicans pinned America’s “crushing” fiscal burden squarely on President Barack Obama on Tuesday after the national debt passed $16 trillion just before the Democratic National Convention opened. The US debt stood at $10.6 trillion when Obama took office in 2009, but by implementing an economic stimulus plan aimed…

Facebook stock slide continues

SAN FRANCISCO — Facebook stock hit a new low on Tuesday, with the world’s leading social network having lost more than $50 billion dollars in market value since it became a publicly traded company in May. Facebook shares closed on the Nasdaq at $17.73, up slightly from the record low…

Study dismisses link between vitamin D, cholesterol

WASHINGTON — Taking vitamin D supplements does nothing to lower cholesterol levels, at least in the short term, according to a study published on Tuesday in an American Heart Association journal. Medical researchers led by Manish Ponda of the Rockefeller University in New York studied 151 people with vitamin D…

U.S. ‘troubled’ as Bahrain upholds activists’ sentences

WASHINGTON — The United States said Tuesday it was “deeply troubled” after a Bahrain appeals court upheld jail terms against 13 leading activists over charges of plotting to overthrow the Gulf monarchy. The US urged Bahrain “to abide by its commitment to respect detainees’ right to due process and to…

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