AP - The leader of a small Florida church that espouses anti-Islam philosophy says he is going forward with his plans to burn copies of the Quran on Sept. 11 despite pressure from the White House, religious leaders and others to call it off.
AP - President Barack Obama says it's time to extend Bush-era tax cuts for the middle class — but the nation can't afford the Republican approach of extending tax cuts for the wealthy as well.
AP - Tropical Storm Igor has formed in the Atlantic Ocean off the coast of Africa near the Cape Verde Islands and has top sustained winds of near 40 mph (65 kph).
Reuters - The Federal Reserve observed "widespread signs" that economic growth had eased in the six weeks through the end of August, it said on Wednesday in a report suggesting the recovery was faltering along the East Coast and the Midwest.
AP - Sen. Charles Grassley has asked Agriculture Secretary Tom Vilsack to address accusations that federal workers ignored complaints about conditions at an Iowa farm involved in a recall of salmonella-tainted eggs.
AP - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.
AP - In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.
AP - Microsoft Corp. and the chief rules enforcer for Xbox Live are apologizing to a small West Virginia town and a 26-year-old gamer accused of violating the online gaming service's code of conduct by publicly declaring he's from Fort Gay — a name the company considered offensive.
AP - Wind-whipped flames swept through at least three Detroit neighborhoods, destroying dozens of homes, including many that were vacant, and even sending waves of searing heat blocks away, officials said.
AP - Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are taking control of their debt crisis.
Reuters - Google Inc unveiled a set of enhancements to its Internet search engine on Wednesday that predict search queries as users type, promising to speed up the time it takes to find information online.
Reuters - A BP Plc investigation of the Gulf of Mexico disaster played down the company's role in the world's worst offshore oil spill, seeking to share the blame with its contractors.
AP - Nevada had unrealistic growth expectations before the nation's financial meltdown battered the state's tourism industry and erased billions of dollars in real estate equity, an economist told a federal commission examining the causes of the Great Recession.
AP - An accused Somali pirate has pleaded guilty to two counts of conspiracy from a November 2008 attack in the Gulf of Aden on a Danish ship carrying cargo from a U.S. company.
AFP - US President Barack Obama Wednesday sought to box in his Republican foes on the economy, as the lagging recovery and crippling unemployment threaten Democrats with a mid-term election meltdown.
Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, will push his latest plan to kick-start the economy on Wednesday and set up an election-year battle with Republicans over Bush-era tax cuts.
AP - Hungary will not seek any more loans from the International Monetary Fund or the European Union and will be able to meet its financing needs by selling bonds to international and domestic investors, Economics Minister Gyorgy Matolcsy said Wednesday.
AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.
AP - Suddenly, the race for Chicago mayor is on. Mayor Richard M. Daley has thrown the competition for the city's top job wide open by announcing he won't run for a seventh term, ending 21 years of token opposition and prompting speculation about who's next in line to lead the nation's third largest city.
Reuters - The Standard & Poor's 500 index rose more than 1 percent in afternoon trading on Wednesday, while the Dow and Nasdaq added to gains as worries about Europe's banking system decreased, easing risk aversion.
AP - Most of the country will see a colder-than-usual winter while summer and spring will be relatively cool and dry, according to the time-honored, complex calculations of the "Old Farmer's Almanac."
AP - The FBI on Wednesday was trying to determine whether a passenger staged a bomb hoax that prompted a search of a Thai Airways jetliner at Los Angeles International Airport.
Reuters - The story of Ronald Reagan's life -- from boyhood to Hollywood actor to leader of the free world -- is about to spill out on the big screen in a way quite different from the miniseries that caused such a stir seven years ago.
AP - Payment processors Visa Inc. and MasterCard Inc. face uncertainty as the Federal Reserve begins crafting the new rules for debit card fees called for in the financial reform legislation. But Visa has more debit risk than MasterCard because it dominates the U.S. market, a Citi analyst said Wednesday.
AP - Its power spent, what was left of Tropical Storm Hermine made its way north Wednesday, drenching a large swath of Texas and prompting a search for possible flood victims near Austin.
AP - Several members of a Montana tea party group have resigned after the association's president was dismissed over an exchange on Facebook that appeared to condone violence against gays.
AP - The senior Sinn Fein politician in Northern Ireland's government acknowledged Wednesday that he did meet a Catholic priest responsible for a 1972 triple car bombing that killed nine civilians but insisted they never discussed the IRA attack.
AFP - The European Union said Wednesday it had suspended a request at the World Trade Organization for the right to impose sanctions on Washington over a controversial US anti-dumping calculation.
AP - Smithfield Foods Inc. said Wednesday higher selling prices for pork and improvement in hog market prices helped it return to a profit in its fiscal first-quarter.
AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.
Reuters - Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.
Reuters - Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.
AFP - US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.
Time.com - Florida Senate candidate Charlie Crist fights flip-flopping charges as the GOP's Marco Rubio surges ahead in some polls and the Democrats' Kendrick Meek appeals to the left
Despite the union government dithering over country-wide inter-linking of rivers, seven states have sought linking of altogether 36 rivers within their respective territories.
AP - President Barack Obama is voicing unwavering opposition to extending Bush-era tax breaks for the nation's wealthiest families even for a year or two, drawing a sharp contrast with Republicans eight weeks before the November elections.
AP - Police Chief Charlie Beck pleaded for calm and vowed his department would conduct an exhaustive investigation into a bicycle officer's fatal shooting of a drunken day laborer with a knife.
AP - The lead BP PLC investigator is saying that eight separate failures had to occur for the company's deepwater well to unleash the largest offshore oil spill in history.
U.S. News & World Report - Defaults in the municipal bond market can happen, as some investors recently discovered. Municipal bonds, which are generally some of the safest investments, are issued by states, municipalities, or counties, and are usually exempt from federal, state, and local taxes. Muni defaults--such as those on bonds issued this year in Jefferson County, Ala., and Harrisburg, Pa.--are not common, but in an era of budget cuts and lower revenues, it's important for investors to be aware of the risks. Here are a few general rules for muni investors to follow: