Reuters - Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called "conservation buffer," German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.
AP - Mexican authorities urged people to move to shelters while officials in Texas distributed sandbags and warned of flash floods as Tropical Storm Hermine headed toward the northwestern Gulf coast on Monday.
AP - Mexican authorities urged people to move to shelters while officials in Texas distributed sandbags and warned of flash floods as Tropical Storm Hermine headed toward the northwestern Gulf coast on Monday.
AP - The lawyer for an Iranian woman sentenced to be stoned on an adultery conviction says he and her children are worried the delayed execution could be carried out soon.
AP - The United States expects to spend about $6 billion a year training and supporting Afghan troops and police after it begins pulling out its own combat troops in 2011, The Associated Press has learned.
AP - South African civil servants unions are suspending a nationwide strike for higher wages to give members time to consider the government's latest offer, labor leaders said Monday.
Reuters - President Barack Obama, scrambling to jump-start job creation in a sluggish U.S. economy, will announce on Monday a six-year plan to revamp aging roads, railways and airport runways with an initial $50 billion investment.
AP - A combative President Barack Obama is promising to put Americans back to work rebuilding roads, railways and runways, and is blaming Republicans for opposing his efforts to stimulate the economy.
AP - Federal transportation safety officials are using the deadly crash of an overloaded plane in Montana to revive a long-standing debate about whether small children should be allowed to travel on the laps of adults.
AP - A small airplane crashed and burst into flames on a street in a southern Nevada residential neighborhood on Monday, killing one person and badly injuring three others, authorities said.
AP - As New York Indian Nation leaders battle in courtrooms to preserve their tax-free cigarette market, tensions are rising on reservations, where the state's renewed efforts to tax sales to non-Native customers is viewed as yet another attack on Native American rights.
AP - Hallmark Cards Inc., a $4 billion empire built on a demand for printed sentimentality, enters its second century facing a weak economy and what could be an even greater challenge: a generation that has grown up posting its sentiments online.
AP - Lebanon's Western-backed prime minister made a startling reversal Monday and said it was a mistake to accuse Syria of the massive 2005 truck bombing that killed his father, claiming the charge was politically motivated.
AP - Jefferson Thomas, who as a teenager was among nine black students to integrate a Little Rock high school in the nation's first major battle over school segregation, has died. He was 68.
AP - More than 80 years ago, Germany sold tens of thousands of bonds to American investors in an effort to recover financially from World War I. Later, Adolf Hitler used some of the money raised by those bonds to build the powerful Nazi war machine that would ravage Europe during World War II.
Reuters - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, said Monday that Tropical Storm Hermine was not expected to affect its offshore operations.
AP - A former Army soldier demanding behavioral treatment at a Georgia military hospital took three workers hostage at gunpoint Monday before authorities persuaded the gunman to surrender peacefully.
AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.
Reuters - European Union finance ministers sought on Monday to make sanctions for EU budget rule breakers more automatic, but put off potentially difficult talks on a permanent mechanism to resolve euro zone crises.
AP - Police in Ecuador say 15 people were killed and at least seven injured when a drunken man drove an SUV into a crowded bus stop in the coastal city of Guayaquil.
McClatchy Newspapers - WASHINGTON — President Barack Obama Monday proposes a quick $50 billion boost in federal spending to rebuild roads, railways and runways — a move he says will create jobs and which Democrats hope will improve their election prospects in November.
Reuters - U.S. oil prices slipped below $74 per barrel on Monday as the end of the U.S. driving season and high levels of unemployment in the world's biggest oil consumer raised concerns over the outlook for demand.
Time.com - As the scandal surrounding the L'OrÉal billions further entwines Eric Woerth, French President Nicolas Sarkozy's support for his labor minister could cost him the next election
Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.
Reuters - World stocks rose on Monday on hopes the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in both the United States and Europe.
AP - In an unusually blunt warning, the U.N. atomic agency said Monday that its monitoring of Iran's nuclear activities is being hampered because Tehran objects to giving some agency inspectors access to its program.
The Christian Science Monitor - A Greenpeace effort to expose what it sees as widespread corruption in Japan's government-subsidized whaling industry ended on Monday with two of its activists convicted of theft and trespassing.
Time.com - The government insists there is no reason for anxiety but the depositors outside Afghanistan's largest bank are implacable. They want their money back
AP - Eleven culture officials from Egypt's government have been formally charged in last month's theft of a Vincent van Gogh painting from a Cairo museum that had no functioning security alarms.
CQPolitics.com - The dynamics in the Alaska Senate race were changed dramatically when Sen. Lisa Murkowski was upset in the Aug. 24 GOP primary by Fairbanks attorney Joe Miller. While we're not convinced that national Democrats will commit the level of resources needed to make the race competitive, CQ Politics is moving the rating of the race from Safe Republican to Likely Republican to reflect the new uncertainty of the open-seat contest.
AP - A British judge sentenced a Church of England minister to four years in jail on Monday for his part in a sham-marriage scam which saw hundreds of African men marry European women so they could stay in Britain.
AP - A Taliban suicide bomber detonated a car in an alley behind a police station in a strategically important town in northwestern Pakistan on Monday, killing at least 17 police and civilians in an explosion that shattered the station and neighboring homes.