Stocks Cut Into Losses as Traders Parse Data

Published By Lynn On Friday, September 30th 2011. Under Business Tags: consumer spending, dow jones industrial average, economic data, nasdaq composite, S&P, treasury yields, us markets

The markets were bogged down in the red, but well off of session lows, as traders weighed a plethora of economic data.As of 12:20 p.m. ET, the Dow Jones Industrial Average was down 61.2 points, or 0.55%, to 11,092, the S&P 500 slid 10.6 points, or 0.91%, to 1,150 and ... Read More

Washington Post Says US Officials Unhappy over Mullen’s Remarks

Published By StarCityNews On Friday, September 30th 2011. Under Politics Tags: Haqqani network, Obama Administration, Pakistan, USA

Officials of the Obama administration are unhappy with Admiral Mike Mullen’s assertion that the Haqqani network is a “veritable arm” of the ISI.The outgoing US military chief also told a congressional hearing last week that he had evidence that the ISI encouraged recent attacks on the US Embassy and NATO ... Read More

Uproar in Occupied Kashmir Assembly Amid Nine Killings

Published By StarCityNews On Friday, September 30th 2011. Under World Tags: Afzal Guru, Bharatiya Janata Party, Congress, India, Kashmir

The Indian army and police have said that nine people have been killed in fierce fighting in Indian-held Kashmir. This latest violence came amid fears of further unrest surrounding a clemency plea for a man convicted of plotting a raid on the Indian parliament in the year 2001.Two policemen, five ... Read More

FCC Sued Over “Net Neutrality”

Published By StarCityNews On Friday, September 30th 2011. Under Technology Tags: Boston, FCC, Federal Communications Commission, Mobile, mobile platforms, net neutrality, wireless Internet

A new legal salvo was fired Wednesday over a recently published federal “net neutrality” rules limiting internet providers from blocking or slowing traffic.On Wednesday a Free Press public interest group filed a lawsuit against the Federal Communications Commission rules in a Boston-based federal appeals court, stating they didn’t protect wireless ... Read More

US Military Aircraft Employees Face Drug Charges‎

Published By StarCityNews On Friday, September 30th 2011. Under Headlines Tags: Afghanistan, Aircraft, Boeing, Chinook helicopters, Drugs, Fbi, federal agents, Federal Bureau of Investigation, Iraq, military aircraft, Osprey planes, OxyContin, pennsylvania, Ridley Park, US Attorney, Zane David Memeger

US federal agents have arrested dozens of people in a drug raid on a plant run by the aircraft manufacturer Boeing.According to the latest reports people detained are the current and former workers at the Boeing facility near Philadelphia that makes military aircraft models used in the Iraq and Afghanistan ... Read More