Headline News

  • US economy posts solid 2.3 percent growth rate in Q2, helped by strong consumer spending


    In this photo taken on Thursday, Feb. 12, 2015, a man welds parts in fans for industrial ventilation systems at the Robinson Fans Inc. plant in Harmony, Pa. The Commerce Department releases second-quarter gross domestic product on Thursday, July 30, 2015. (AP Photo/Keith Srakocic) (The Associated Press) WASHINGTON –  After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade. The Commerce Department said Thursday that the gross domestic product, the economy’s total output of goods and services, expanded at a 2.3 percent annual rate in the second quarter. Moreover, the economy didn’t actually contract in the first quarter. The government now says GDP grew 0.6 percent in the first three months of the year instead of shrinking at a 0.2 percent pace. The healthy spring rebound reflected a big jump in consumer spending and a swing in trade …

    July 30, 2015 8:08 am
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Politics

  • Republican Gilmore files paperwork to enter presidential race


    WASHINGTON Former Virginia Governor Jim Gilmore filed the paperwork on Wednesday to join the race for the Republican presidential nomination, according to the Federal Election Commission. Gilmore becomes the 17th candidate to seek the 2016 nomination, a field that includes former Florida Governor Jeb Bush, businessman Donald Trump and Wisconsin Governor Scott Walker. Earlier this month, Gilmore, 65, told the Richmond Times-Dispatch newspaper that he planned to formally enter the race in the first week of August. Gilmore, who briefly sought the 2008 Republican nomination before dropping out, served one term as Virginia’s governor, from 1998 to 2002, and was the chairman of the Republican National Committee in 2001. It was not clear whether Gilmore will participate in the first official Republican debate, on Aug. 6 in Cleveland. The top 10 candidates in national polls will take part in the prime-time debate, with the other presidential hopefuls participating in a forum earlier in the day. …

    July 30, 2015 7:47 am
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Stocks

  • Europe’s bailed out economies are booming. Except Greece, of course


    Viva Espana! Spain was on the brink of collapse three years ago. Now the country is surging ahead. The fourth biggest economy in the eurozone has just reported its eighth successive quarter of growth, and the pace is picking up. Gross domestic product grew by an annual rate of just over 3% in the second quarter, making it one of the fastest growing developed economies in the world. And it’s not alone. Five countries were bailed out by their European partners during the region’s debt crisis, and of those only Greece is still going backwards. Here’s a look at how things have changed. Spain Spain has been growing steadily for the past two years, leaving its economic troubles firmly behind. The country did not have excessive debt in the run up to the global financial crisis. But its banks were brought to their knees when a housing bubble collapsed. Europe’s bailout fund loaned Spain 41 …

    July 30, 2015 8:48 am
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Sports

  • Eagles WR Nelson Agholor: Sam Bradford is ‘moving great’


    May 28, 2015; Philadelphia, PA, USA; Philadelphia Eagles quarterback Sam Bradford (7) loosens up during OTA’s at the NovaCare Complex. Mandatory Credit: Bill Streicher-USA TODAY Sports As the Philadelphia Eagles gets set to kick off training camp, the big question on everyone’s mind is will projected starting quarterback Sam Bradford be ready to go on day one. Earlier this week, reports that Bradford would be ready for training camp had surfaced. During the Eagles’ spring practices, Bradford said that something would have to have gone “terribly wrong” for him not to be ready. Rookie wide receiver Nelson Agholor provided us our first insider update while speaking to a few reporters at Brent Celek’s charity event at South Bowl. “We threw last week and it was great,” said Agholor of his session with Bradford, per Philadelphia Magazine. “I think he is moving great. I think that is something the organization can share, but to me he …

    July 30, 2015 8:28 am
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World News

  • Turkish soldiers ‘die in PKK ambush’


    Turkish soldiers have been patrolling some areas in the predominantly Kurdish south-east Three Turkish soldiers have been killed in an attack on a convoy in the south-east by PKK (Kurdistan Workers Party) militants, the army says. Drones, helicopter gunships and commando units have been deployed to strike PKK positions, it said. Thursday’s attack is the latest in an upsurge in violence, which began when Turkey hit PKK militants in northern Iraq with airstrikes last week. Prior to that, there had been a two-year ceasefire between the two sides. The government says PKK attacks on Turkey have made peace attempts impossible. At the same time as launching attacks against the PKK in Iraq, the Turkish military also began air strikes against Islamic State (IS) targets in Syria. Open hostilities In Thursday’s attack, a Turkish military statement said, Kurdish separatists opened fire on an army convoy in Sirnak province, killing three soldiers. It followed an assault blamed …

    July 30, 2015 8:08 am
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Technology

  • T-Mobile blows away profit expectations as customer growth surges


    T-Mobile CEO John Legere had another good quarter of subscriber growth. Sarah Tew/CNET T-Mobile has shown it can win over customers at an impressive rate. Now it needs to prove it can consistently make money doing so. If the second quarter’s results are any indication, T-Mobile is off to a good start. The nation’s fourth-largest wireless carrier posted a profit of $361 million, or 42 cents a share, and revenue of $8.2 billion. Analysts, on average, forecast earnings of 18 cents a share on revenue of $7.94 billion, according estimates compiled by Yahoo. Just as important: T-Mobile said it expects to keep posting a profit for the rest of the year. T-Mobile shares rose 5.6 percent to $39.10 in pre-market trading. The figures are further indications that T-Mobile’s “Uncarrier” campaign, which the company says focuses on the aspects of the wireless industry that annoy consumers, has had a positive effect on its fortunes as it …

    July 30, 2015 8:08 am
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Science

  • Astronomers discover powerful aurora beyond solar system


    Astronomers have discovered the first aurora ever seen in an object beyond our Solar System. The aurora — similar to the famous “Northern Lights” on Earth — is 10,000 times more powerful than any previously seen. They found the aurora not from a planet, but from a low-mass star at the boundary between stars and brown dwarfs. The discovery reveals a major difference between the magnetic activity of more-massive stars and that of brown dwarfs and planets, the scientists said. “All the magnetic activity we see on this object can be explained by powerful auroras,” said Gregg Hallinan, of the California Institute of Technology (Caltech). “This indicates that auroral activity replaces solar-like coronal activity on brown dwarfs and smaller objects,” he added. The astronomers observed the object, called LSR J1835+3259, using the Karl G. Jansky Very Large Array (VLA) at radio wavelengths, along with the 5-meter Hale Telescope on Palomar Mountain and the 10-meter Keck …

    July 30, 2015 7:07 am
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Health

  • Health insurer Cigna’s profit rises as it adds more members


    Health insurer Cigna Corp, which agreed to be bought by Anthem Inc for $47 billion this month, reported a 2.6 percent rise in quarterly profit as it added more members in its commercial and government businesses. The company said net profit rose to $588 million or $2.26 per share, for the second quarter ended June 30, from $573 million, or $2.12 per share, a year earlier. Revenue rose about 9 percent to $9.49 billion. (Reporting by Amrutha Penumudi in Bengaluru; Editing by Simon Jennings)

    July 30, 2015 7:27 am
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Entertainment

  • David Beckham Is One Delicious Daddy


    Posted on Thu Jul 30th, 2015 6:30am PDT       By X17 Staff It doesn’t matter if he’s in a suit or sweaty after spin class, we’ll always have the hots for David Beckham! On Wednesday afternoon the retired soccer superstar jetted out of Los Angeles International Airport, and he showed off his picture perfect physique in tight black pants and a fitted tee. Yum yum yum … Victoria Beckham certainly is one lucky lady! The previous day David Instagrammed the shot below with his oldest son Brooklyn and wrote, “Late night crepe… Gonna need to work this one off in the morning…. @brooklynbeckham.” Guess that would explain why we saw him busting his butt at SoulCycle the next day!   SEE THE GALLERY David Beckham Jets Out Of Town In An All-Black Ensemble Stories from around the Web

    July 30, 2015 8:48 am
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Editorial

  • Hillary Clinton lies again


    In a column I wrote in early July, based on research by my colleagues and my own analysis of government documents and witness statements, I argued that in 2011 and 2012 then-Secretary of State Hillary Clinton waged a secret war on the governments of Libya and Syria, with the approval of President Obama and the consent of congressional leadership from both parties and in both houses of Congress. I did err in that column with respect to an arms dealer named Marc Turi. I regret the error and apologize for it. I wrote that Turi sold arms to Qatar as part of Clinton’s scheme to get them into the hands of rebels. A further review of the documents makes it clear that he applied to do so but was denied permission, and so he did not sell arms to Qatar. Other arms dealers did. I also erred when referring to Qatar as beholden to Washington. …

    July 30, 2015 6:27 am
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Odd News

  • Stowaway cat ‘Lucky’ to be alive in sunken boat


    PHOENIX A brown and black shorthair cat now named “Lucky” is one fortunate feline after managing to survive while trapped under water for at least an hour inside a sunken powerboat in Arizona. “It’s really a miracle,” Dive Time Recovery owner Jon Zuccala, who pulled the submerged boat from a sandbar north of Lake Havasu City, told Reuters by telephone on Wednesday. “I would have named her ‘Eight’ because after all this, I’m sure she has used up one of her nine lives.” Zuccala said he was called to the scene by authorities on Saturday afternoon to hoist the boat to the shore from the lake’s bottom. The boat was then towed to his shop where a mechanic went to work the next morning to flush out the engine. “The cat just darted out when he opened up the hatch,” Zuccala said. “She was wet, scared, thirsty, but she was alive.” Lucky’s quick escape proved …

    July 30, 2015 7:27 am
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