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U. of I. reinstates Catholic instructor
Instructor had been barred after his comments on homosexualityAn adjunct religion instructor barred from teaching by the University of Illinois after defending the Roman Catholic stance on homosexuality has been invited back to teach this fall.
Source: Chicago Tribune

Chevron's Profit Soars
Chevron's earnings more than tripled as the oil company benefited from increased production and prices, plus stronger refining margins.
Source: Wall Street Journal

Stock-Market Futures Drop After GDP Report
U.S. stock futures fell after data showed the U.S. economy slowed in the second quarter and the government said the recession was deeper than earlier believed, adding to concerns over the recovery's strength.
Source: Wall Street Journal

Revisions Show Weaker Economy
The recession was deeper -- and subsequent recovery slower -- than the government originally estimated, the Commerce Department said.
Source: Wall Street Journal

U.S. Growth Slows to 2.4%
U.S. economic growth slowed in the second quarter to a 2.4% annual rate. Business investment was strong, but imports were a big drag and consumers contributed less.
Source: Wall Street Journal

Wildfire explodes in rural hills outside Los Angeles, forcing thousands to evacuate
Firefighters plan an aggressive air attack at first light Friday against a fast-moving wildfire that exploded in northern Los Angeles County, chewing through more than 7 square miles of dry brus...
Source: FOX

New Mexico Governor Considers Pardon for Billy the Kid
The showdown between frontier lawman Pat Garrett and notorious outlaw Billy the Kid has fascinated the American public for nearly 130 years with its classic, Old West storyline. As it turns out, the feud isn't completely over.
Source: FOX

Army intelligence specialist charged with leaking Afghan war secrets sent to Va. brig
The Army intelligence specialist charged with leaking U.S. military secrets to the WikiLeaks website has been moved from Kuwait to a military jail in Virginia.
Source: FOX

Wildfire Explodes in Rural L.A. County Hills, Hundreds Evacuate
Firefighters plan an aggressive air attack at first light Friday against a fast-moving wildfire that exploded in northern Los Angeles County, chewing through more than 7 square miles of dry brush, forcing hundreds of evacuations and burning at least three structures.
Source: FOX

Asia Falls Amid Strong Yen
Asian markets declined after a sluggish finish on Wall Street, with Japanese shares particularly hit hard as weak economic indicators and a strong yen dragging down most exporters despite upbeat results from Sony and others.
Source: Wall Street Journal


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