U.S. Top News Late Edition: U.S., China kick off global round of rate cuts

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Reuters

Good evening Srini, WED 29 Oct 2008 

today's headlines

U.S., China kick off global round of rate cuts
Dow and S&P 500 fall on profit worry, GE outlook report
Palin remains focused on November 4: report
House to introduce second stimulus bill next month
McCain hits Obama on experience, economy
U.S. to close embassy in Syria to public on Thursday
WITNESS: Berliners' love affair with America grows cold
No role for Taliban chief in Afghan talks: Pentagon
Bailout banker pay targeted by lawmakers, Cuomo
Phillies beat Rays to win World Series
 

today's videos

more details

U.S., China kick off global round of rate cuts
October 29, 2008 10:34 PM ET
NEW YORK (Reuters) - The United States and China kicked off what is likely to be a global round of interest rate cuts, part of a barrage of measures deployed around the world to fight a deep economic slowdown.



Full Article
Dow and S&P 500 fall on profit worry, GE outlook report
October 29, 2008 10:31 PM ET
NEW YORK (Reuters) - U.S. stocks fell on Wednesday as a big rally faltered in the last minutes of trading on worry about the weakening corporate profit picture after a news report raised questions about General Electric's earnings outlook.



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Palin remains focused on November 4: report
October 29, 2008 10:28 PM ET
WASHINGTON (Reuters) - Republican presidential candidate John McCain may be down in the polls, but running mate Sarah Palin remains focused on winning the White House, ABC News said on Wednesday after initially reporting the Alaska governor was looking beyond 2008.



Full Article
House to introduce second stimulus bill next month
October 29, 2008 05:08 PM ET
WASHINGTON (Reuters) - U.S. state leaders, trade groups and economists descended on the House of Representatives on Wednesday to help work out a second economic stimulus bill that one influential Congressional member said would be introduced on November 17.



Full Article
McCain hits Obama on experience, economy
October 29, 2008 09:12 PM ET
TAMPA, Florida (Reuters) - Republican John McCain questioned Democratic rival Barack Obama's readiness for the White House and Obama issued a prime-time television appeal on Wednesday calling the election "a defining moment" as a bruising presidential campaign hit the final stretch.



Full Article
U.S. to close embassy in Syria to public on Thursday
October 29, 2008 04:58 PM ET
DAMASCUS (Reuters) - The United States said on Wednesday it will close its embassy in Damascus to the public on Thursday due to security concerns amid rising tensions between the two countries following a U.S. raid on Syria.



Full Article
WITNESS: Berliners' love affair with America grows cold
October 29, 2008 08:41 PM ET
Erik Kirschbaum, a U.S. citizen, has lived in German-speaking Europe for most of the past 26 years, and for 16 of them has worked as a Reuters correspondent in Germany. In the following story, he reports on the changing attitudes of Berliners toward his home country.



Full Article
No role for Taliban chief in Afghan talks: Pentagon
October 29, 2008 02:28 PM ET
WASHINGTON (Reuters) - Taliban leader Mullah Omar should not be involved in Afghan reconciliation efforts despite a renewed interest in talks with members of the Islamist movement, the Pentagon said on Wednesday.



Full Article
Bailout banker pay targeted by lawmakers, Cuomo
October 29, 2008 06:32 PM ET
WASHINGTON (Reuters) - The prospect of taxpayer money lining the wallets of executives at banks being bailed out by the government prompted congressional leaders and New York's top law enforcement official on Wednesday to demand answers from the banks themselves and the Treasury Department.



Full Article
Phillies beat Rays to win World Series
October 29, 2008 10:29 PM ET
PHILADELPHIA (Reuters) - The Philadelphia Phillies ended their long wait for a World Series title with a short burst of baseball on Wednesday as they clinched the crown by completing a rain-suspended 4-3 win over the Tampa Bay Rays.



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