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Wednesday, July 23, 2014 11:51 AM

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Gaza bloodshed deepens, airlines shun Israel
7/23/2014 11:44:57 AM
By Nidal al-Mughrabi and Crispian Balmer GAZA/JERUSALEM (Reuters) - Gaza fighting raged on Wednesday, displacing thousands more Palestinians in the battered territory as U.S. Secretary of State John Kerry said indirect truce talks between Israel and Hamas had made some progress. While pressing a 15-day-old offensive, Israel scrambled to contain economic damage from a halt of flights to Tel Aviv's main airport by U.S. and European airlines spooked by the long-range rocket salvoes of Hamas and other Gaza Strip guerrillas. Adding to pressure on Israel, U.N. High Commissioner for Human Rights Navi Pillay said there was "a strong possibility" that it was committing war crimes in Gaza, where 668 Palestinians, mostly civilians, have died in the fighting.
Boeing boosts 2014 profit forecast after solid quarter
7/23/2014 11:44:16 AM

Boeing posted net profit of $1.65 billion for the April-June quarter, up from $1.09 billion in the year-ago quarterUS aerospace and defense giant Boeing on Wednesday raised its full-year profit forecast after earnings soared 52 percent in the second quarter, lifted by increased jetliner deliveries. Boeing posted net profit of $1.65 billion for the April-June quarter, up from $1.09 billion in the year-ago quarter. Core earnings per share rose 45 percent to $2.42, widely topping the $2.01 expected by analysts. Boeing raised its 2014 full-year forecast to core earnings per share between $7.90 and $8.10, from $7.15 to $7.35, citing in part its "positive market outlook."


Obama declares Washington wildfire emergency
7/23/2014 11:42:37 AM

A firefighting plane drops water from Fishtrap Lake on a stubborn fire burning near the lake in Lincoln County, Sunday, July 20, 2014, near Cheney, Wash. The fire started Saturday afternoon and spread to several thousand acres, driven by high winds. (AP Photo/The Spokesman-Review, Jesse Tinsley) COEUR D'ALENE PRESS OUTOLYMPIA, Wash. (AP) — Wetter, cooler weather has helped firefighters make progress in their efforts to get the largest wildfire in Washington state's history under control.


Global stocks bolstered by US earnings, home sales
7/23/2014 11:42:11 AM
LONDON (AP) — Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased.
Russian ties, trade lie behind EU sanctions rift
7/23/2014 11:42:01 AM
By Robin Emmott BRUSSELS (Reuters) - Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia. The picture emerging from United Nations and European Union data shows the impact of restricting trade with Russia would be far from even, with Germany dwarfing others' exposure and those urging sanctions loudest, such as Sweden, having less at stake. Wary of antagonizing its main gas supplier, the EU has used travel bans and asset freezes so far in reaction to Russia's annexation of Crimea and support for separatists in Ukraine.
Senate panel backs McDonald for VA secretary
7/23/2014 11:41:47 AM

Veterans Affairs Secretary nominee Robert McDonald of Ohio flanked by Sens. Sherrod Brown, D-Ohio, left, and Rob Portman, R-Ohio, right, listen during a Senate Veterans' Affairs Committee hearings to examine his nomination to be Secretary of Veterans Affairs on Capitol Hill in Washington, Tuesday, July 22, 2014. (AP Photo)WASHINGTON (AP) — A Senate panel on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of the Department of Veterans Affairs.


European carriers suspend more Tel Aviv flights
7/23/2014 11:41:40 AM

A arrivals flight board displays various canceled and delayed flights in Ben Gurion International airport a day after the U.S. Federal Aviation Administration imposed a 24-hour restriction on flights after a Hamas rocket landed Tuesday within a mile of the airport, in Tel Aviv, Israel, Wednesday, July 23, 2014. U.S. Secretary of State John Kerry flew into Israel's main airport Wednesday despite a Federal Aviation Administration ban in an apparent sign of his determination to achieve a cease-fire agreement in the warring Gaza Strip despite little evidence of progress in ongoing negotiations. (AP Photo/Dan Balilty)BERLIN (AP) — Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of ongoing safety concerns amid the fighting between Israel and Hamas.


Agents get subsidized 'Obamacare' using fake IDs
7/23/2014 11:41:38 AM
WASHINGTON (AP) — Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday.
SEC poised to end $1 a share for some money funds
7/23/2014 11:41:29 AM

FILE- In this Dec. 17, 2008 file photo, the Securities and Exchange Commission (SEC) headquarters in Washington is shown. Regulators are expected to vote Wednesday July 23, 2014 to end a longtime staple of the investment industry _ the fixed $1 share price for money-market mutual funds _ at least for some money funds used by big investors. (AP Photo/File)WASHINGTON (AP) — Regulators prepared to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.


Dutch mourn as first MH17 bodies arrive in Netherlands
7/23/2014 11:40:49 AM
By Harro Ten Wolde EINDHOVEN Netherlands (Reuters) - The bodies of the first victims from a Malaysian airliner shot down over Ukraine last week arrived back in the Netherlands on Wednesday amid dignified grief tinged with anger. Bells pealed and flags flew at half mast in memory of the 298 people killed when flight MH17 crashed in an area of eastern Ukraine held by Russian-backed separatists, in the first national day of mourning since wartime Queen Wilhelmina died in 1962. King Willem-Alexander and Prime Minister Mark Rutte led dignitaries on the tarmac as two military aircraft carrying 40 plain wooden coffins landed at Eindhoven Airport in the southern Netherlands. A military honor guard stood to attention as a lone trumpeter played The Last Post, the military funeral call for people killed in war.



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