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Turkish student throws shoe at IMF chief

A Turkish student threw a shoe at International Monetary Fund Managing Director Dominique Strauss-Kahn on Thursday as he made a speech to students in Istanbul ahead of the IMF's annual meeting.
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Bernanke, Rep. Frank trim sails on risk

The head of the Federal Reserve and a key U.S. lawmaker on Thursday backed away from a controversial provision of the Obama administration's financial regulation reform plan, saying new oversight by the Fed on systemic risk should be shared with other regulators.
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Oil hovers near $70.50 after near $4 jump

Oil pared losses to trade above $70 a barrel after the biggest daily jump since April on the back of a hike in U.S. consumer spending and as tensions between Iran and the West lent support.
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Bernanke changes tack on systemic risk regulator

The head of the Federal Reserve adopted a new tone on Thursday over a key plank of the Obama administration's proposed plan for financial regulation reform, saying new oversight powers proposed for the U.S. central bank should be shared with other regulators.
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Duke opens two wind farms, taps Siemens

Duke Energy said on Thursday it brought two new wind power projects on line and said it would use Siemens Energy wind turbines as well as General Electric turbines at a planned Wyoming wind farm.
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Personal spending surges, jobless claims rise

U.S. consumer spending rose at its fastest pace in nearly 8 years in August, but the number of workers filing new claims for jobless benefits rose last week, indicating a weak labor market would weigh on recovery.
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A-list young actors have thirst for Wettest County

The Wettest County in the World, a film project about Depression-era bootleggers, is making waves among some of Hollywood's leading young actors, who are drawn to its colorful setting, mystery elements and meaty roles.
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U.S. employee confidence up in third quarter: survey

U.S. employee confidence edged up in the third quarter, with many workers saying the worst of the recession is over, but that optimism came with hopes for raises and advancement when the dust clears, a survey released on Thursday showed.
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Personal spending in August up 1.3 percent

U.S. consumer spending rose at its fastest pace in nearly 8 years in August, advancing for a fourth straight month, according to a government report on Thursday that pointed to a rebound in spending in the third quarter.
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Monster U.S. online jobs index down in September

A monthly gauge of online labor demand in the United States dipped slightly in September, as employers remained wary despite signs of economic recovery, a private research group said on Thursday.
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U.S. personal spending in August up 1.3 percent

U.S. consumer spending rose at its fastest pace in nearly 8 years in August, advancing for a fourth straight month, according to a government report on Thursday that pointed to a rebound in spending in the third quarter.
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Gays, lesbians getting better showcase on U.S. TV

American TV viewers are seeing more gay, lesbian and transgender characters on their screens and story lines are better reflecting current issues in the gay community, according to a survey set for release on Thursday.
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Stock futures slip after strong 3Q; data in focus

U.S. stock index futures fell on Thursday, with investors consolidating gains after a strong quarter, and as a raft of economic data was due that could offer clues about the tone of economic recovery.
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EU launches free satellite system to fine-tune GPS

The European Union launched a free satellite navigation network on Thursday that could help pilots, drivers and blind people by fine-tuning the accuracy of the U.S. global positioning system to around 2 meters.
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Big pharma jumps back into flu business

A dearth of new products, new technologies and fresh commitments by governments scrambling to protect their populations from pandemic threats have lured U.S. drugmakers back into the flu vaccine business.

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