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News of the 07/17/2008

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Electrolux: 2Q profit sinks 82 percent

  
Swedish appliance maker Electrolux AB reported an 82 percent drop in second-quarter net profit Thursday and cut its full-year forecast, citing "very weak" markets in North America and Europe.
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Lebanese Killer Welcomed Back

  
As Israel mourned over the dead bodies of two soldiers, Hizbollah welcomed back a notorious killer to Lebanon.
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Mandela group says food a fundamental human right

  
Desmond Tutu, Kofi Annan and other members of Nelson Mandela's global crisis task force turned their attention to world hunger on Wednesday, focusing on soaring food prices.
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US judge to consider blocking 1st Guantanamo trial

  
A federal judge is considering whether to block the first Guantanamo Bay war crimes trial from beginning next week. If he does, it could throw another kink into the Bush administration's legal strategy in the war on terrorism.
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Funeral begins for Israeli soldier

  
Thousands are gathering for the funeral for one of the two Israeli soldiers returned in a prisoner exchange with Hezbollah guerrillas.
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Canoe husband 'cheated on wife'

  
The wife of canoeist John Darwin tells a court she considered leaving him after finding out he had an affair.
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Fox: Jackson used N-word in crude off-air remarks

  
The Rev. Jesse Jackson used the N-word during a break in a TV interview where he criticized presidential candidate Barack Obama, Fox News confirmed Wednesday.
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Administration presses for mortgage giant rescue

  
The Bush administration lobbied skeptical lawmakers Wednesday to support a rescue plan for Fannie Mae and Freddie Mac , as lawmakers weighed how to protect taxpayers while still giving the government unfettered power to pour money into the mortgage giants.
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Gunman wounds 6 in Jordan's capital

  
A gunman shot and wounded six people near a Roman amphitheater in Jordan's capital Wednesday, authorities said.
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Mass. Megabucks

  
The winning numbers drawn Wednesday night in the "Massachusetts Megabucks" game were: 12-13-15-28-37-41
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Malaysian opposition chief arrested in sodomy case

  
Police arrested Malaysia's leading opposition figure on Wednesday on suspicion that he sodomized a male aide -- the second time in a decade he has faced the accusation that could send him to jail for 20 years and hobble his campaign to bring down the country's government.
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Pope: World's natural resources being squandered

  
Pope Benedict XVI says the world's natural resources are being squandered by "insatiable" consumption and urges people to care more for the environment.
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Afghan officials: airstrikes kill 10 militants

  
Afghan and NATO-led troops called in airstrikes against militants in western Afghanistan on Thursday, killing at least 10 insurgents and wounding four civilians, Afghan officials said.
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Federal immigration failures fuel state action

  
When Suffolk County passed a law requiring licensed contractors to prove their workers are in the U.S. legally, the county at the far end of Long Island suddenly had something in common with such states as Oklahoma and Arizona.
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Obama campaign raised $52 million in June

  
Democrat Barack Obama's presidential campaign says it raised $52 million last month. The Obama campaign and the Democratic National Committee ended the month of June with a combined total of nearly $72 million in the bank.
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US presence at talks with Iran shows unity: Rice

  
Secretary of State Condoleezza Rice said Thursday the Bush administration's decision to break with past policy and send a top diplomat to weekend talks with an Iranian envoy proves the international community is united in trying to eliminate threats from the Iranian nuclear program.
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Megabucks

  
Here are the winning numbers selected in Wednesday's Tri-State Megabucks lottery drawing: 6-13-19-26-32-36-Bonus 12
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How they voted: Senate roll call on AIDS bill

  
The 80-16 roll call by which the Senate on Wednesday approved spending $48 billion over the next five years to treat and prevent the spread of AIDS, tuberculosis and malaria in Africa and elsewhere around the world.
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FBI: Ex-driver helped them try to track bin Laden

  
A one-time driver for Osama bin Laden helped the FBI try to track down his boss after being captured in Afghanistan, his former interrogators testified Wednesday.
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Rail Crossing Tragedy: 40 Killed

  
Forty people have been killed and 40 were injured when a train crashed into several vehicles on a railway crossing in northern Egypt.
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