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Click here to view in plain text. |  | Wednesday, August 10, 2011 | TODAY'S HIGHLIGHTS
Fed pledges very low interest rates for 2 years; stocks rally
The Federal Reserve pledged to keep interest rates very low for two more years after a policy meeting Tuesday in an effort to try to bolster the flailing U.S. economy, sparking wild trading on Wall Street that ended with a strong rally.
(By Neil Irwin)
Republicans win 2 Wis. recall elections
Votes were still being counted in the four other races after the AP called the two winners.
(By Michael A. Fletcher)
Obama pays respects to slain troops
President Obama went to Dover Air Force Base on Tuesday to pay his respects to the 30 U.S. troops who were killed in Afghanistan on Saturday when their helicopter was shot down.
(By David Nakamura and Craig Whitlock)
Britain vows to halt riots, restore order
Prime Minister David Cameron announced an almost tripling of police on London streets, after the capital and other British cities burned in this nation's worse civil disturbances in decades.
(By Anthony Faiola)
Debt crisis, sure. But a good day for life's tiny joys.
If one is willing to recognize that people often don't measure life in Dow points but in tiny pleasures — friendly dogs, pumpkin curry — then Tuesday was an extremely good news day.
(By Monica Hesse)
POLITICS
Police flood London streets, halt violence, but some rioting erupts elsewhere in England
LONDON — Thousands of extra police officers on the streets kept a nervous London quiet Wednesday after three nights of rioting, but looting flared in Manchester and Birmingham, where a murder probe was opened when three men were killed after being hit by a car.
( Associated Press Associated Press , AP)
Obama to host Iftar dinner celebrating Ramadan after day of meetings
WASHINGTON — President Barack Obama is hosting an Iftar dinner Wednesday evening to celebrate the Muslim holy month of Ramadan.
( Associated Press Associated Press , AP)
Police flood London's streets but chaos spreads across England with 1,100 arrests nationwide
LONDON — Thousands of extra police officers flooded into London Wednesday in a bid to end Britain's worst rioting in a generation. An eerie calm prevailed in the capital, but unrest spread across England on a fourth night of violence driven by diverse and brazen crowds of young people.
( Associated Press Associated Press , AP)
Cuomo says NY now reviewing whether to bring commercial, non-Indian casinos to New York
ALBANY, N.Y. — New York may yet have commercial, non-Indian casinos as part of a comprehensive gambling plan, Gov. Andrew Cuomo said Tuesday.
( Associated Press Associated Press , AP)
How Uncle Sam holds back innovation
Uncle Sam talks a good game when it comes to encouraging his staff to find better ways of serving the public, but the reality is a different story.
(, The Washington Post)
STYLE
Ask Amy: Diarist's youthful journals are cringe-worthy
She's married with children, in her late 30s, and came across her young adult diaries. Should she keep them? What if she should die and her family reads them?
(, The Washington Post)
Hints From Heloise: Baking soda tackles tough spots
Reader stumbles across a surprisingly easy way to clean burnt spots in his slow cooker.
(, King)
Who's really to blame for the cheating tipoff?
Told that her boyfriend was cheating, she snapped at the messenger. Turns out he was. Now what?
(, The Washington Post)
(, The Washington Post)
Poet laureate Philip Levine: Greatness wasn't on his road map
The new poet laureate of the United States is surprised by the accolade.
( by Jessica Goldstein , The Washington Post)
SPORTS
Swiss watchmaker Tag Heuer drops Tiger Woods, wishes him well with personal "difficulties"
GENEVA — Swiss watchmaker Tag Heuer says it's ended its 10-year commercial relationship with Tiger Woods and hopes he can "overcome his difficulties."
( Associated Press Associated Press , AP)
Tuesday's Sports in Brief
STATE COLLEGE, Pa. — Joe Paterno was released from the hospital Tuesday, two days after getting blindsided at Penn State practice by a player and injuring his right shoulder and pelvis.
( Associated Press Associated Press , AP)
When he ran qualifying time, double-amputee Pistorius earned right to test himself at worlds
All Oscar Pistorius wants is a chance. Not charity, not special treatment.
( Associated Press Associated Press , AP)
2 suspects in Giants beating case due to be arraigned in Los Angeles courtroom
LOS ANGELES — The two suspects accused of brutally beating a San Francisco Giants fan outside Dodger Stadium are due in court to face charges of assault and other counts.
( Associated Press Associated Press , AP)
New Redskins DE Stephen Bowen burdened with infant son's death, other son's fight for survival
ASHBURN, Va. — Stephen Bowen is trying to adjust to a new team, learn a thick new playbook and figure out a new life in a new city as a free agent defensive end signed by the Washington Redskins.
( Associated Press Associated Press , AP)
WORLD
Italy sees borrowing costs drop on 12-year bonds, easily raises €6.5 billion from markets
MILAN — The Italian Treasury saw borrowing costs drop sharply in its latest bond sale Wednesday.
( Associated Press Associated Press , AP)
Pakistan to send Bali bombing suspect this month to stand trial in Indonesia for 2002 attack
JAKARTA, Indonesia — A top anti-terrorism official says Pakistan will extradite a key suspect in the 2002 Bali bombings that killed 202 people to Indonesia by the end of the month.
( Associated Press Associated Press , AP)
South Korea responds after North fires artillery
SEOUL, South Korea — South Korean forces returned fire Wednesday after North Korean artillery shells fell into waters near the tense maritime line that separates the two rivals, a South Korean defense official said.
( Associated Press Associated Press , AP)
Afghan president issues decree that courts cannot change election results
KABUL, Afghanistan — Afghanistan's president issued a decree Wednesday stating that the country's courts do not have the power to alter election results, a move that appeared aimed at ending months of uncertainty over the parliament's legitimacy.
( Associated Press Associated Press , AP)
Two years after civil war, Tamils still suffer despite Sri Lankan promises of reconciliation
COLOMBO, Sri Lanka — The roadblocks have been dismantled, the sandbags removed, and Sri Lanka is again a palm-fringed tourist paradise, the government says. But for ethnic Tamils living in the former war zone, it is still a hell of haunted memories, military occupation and missing loved ones.
( Associated Press Associated Press , AP)
LIVE DISCUSSIONS
ComPost Live with Alexandra Petri
The Compost, written by Alexandra Petri, offers a lighter take on the news and political in(s)anity of the day.
(, vForum)
Opinion Focus with Eugene Robinson
Washington Post columnist Eugene Robinson discusses his recent columns and the latest news in a live Q&A.
(, vForum)
Debt Ceiling drama: Why Jonathan Capehart thinks your voice needs to be heard
In his Post-Partisan blog post today, Opinion writer Jonathan Capehart said that "Folks should be marching on the Capitol" in protest of the way the debt issue is being handled. Do you agree?
(, vForum)
Chatological Humor: Monthly with Moron
Gene Weingarten takes polls and chats about his recent columns.
(, vForum)
ComPost Live with Alexandra Petri
The Compost, written by Alexandra Petri, offers a lighter take on the news and political in(s)anity of the day.
(, vForum)
TECHNOLOGY
Rewriteable, non-electric e-paper makes big promises, but is it really useful?
A new display technology called i2R e-paper is making the rounds today. i2R is essentially a plastic substrate with a heat-activated liquid crystal coating: you pass it through a thermal printer and a 300dpi monochrome image is impressed on its surface — until you want to rewrite it, which you can do up to 260 times by their calculations.
( by TechCrunch.com , TechCrunch.com)
AOL posts smaller 2nd-quarter net loss, ad revenue grows even as total revenue declines
NEW YORK — Internet company AOL Inc. said Tuesday that its net loss narrowed in the second quarter even though revenue fell, largely because the results a year ago were weighed down by a huge accounting charge.
( Associated Press Associated Press , AP)
New York Times reporters get deal for book on News Corp. phone-hacking scandal
NEW YORK — Two New York Times reporters have a deal for a book about the phone hacking scandal that has shaken Rupert Murdoch's News Corp.
( Associated Press Associated Press , AP)
BUSINESS
Global stocks higher as global rally continues on Fed low rates pledge, hopes of more easing
LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors' jitters, sending stock markets around the world higher Wednesday.
( Associated Press Associated Press , AP)
IEA cuts forecast for global oil demand in 2011 on back of renewed recession fears
PARIS — The International Energy Agency has trimmed its forecast for global oil demand this year, saying increased evidence of economic slowdown has raised fears of a double-dip recession.
( Associated Press Associated Press , AP)
Nestle half-year net profit down on franc's rise, holds onto growth forecast
GENEVA — Swiss food and drink giant Nestle SA posted a drop in half-year earnings Wednesday, blaming volatile markets, rising commodity prices and particularly the strength of the Swiss franc for dragging down profits.
( Associated Press Associated Press , AP)
Bank of Ireland cuts losses in H1, says on track to meet targets for the year
DUBLIN — Bank of Ireland — the only major Irish lender to avoid state control — saw its losses narrowed in the first half of the year, and said it is on track to meet its targets for the year.
( Associated Press Associated Press , AP)
Commerzbank net profit falls sharply on losses on Greek bonds
FRANKFURT, Germany — Germany's Commerzbank AG reported Wednesday that net profit fell sharply in the second quarter as the bank wrote down €760 million ($1.1 billion) in bonds issued by financially troubled Greece.
( Associated Press Associated Press , AP)
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