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Wednesday, August 1, 2012

U.S. Top News: Private sector adds more jobs than expected in July

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08/1/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Private sector adds more jobs than expected in July
NEW YORK (Reuters) - Companies added more jobs than expected in July, suggesting the labor market is chugging along, though the pace of growth is far from robust.
Chrysler July auto sales up 13 percent, Nissan up 16.2 percent
(Reuters) - Chrysler Group LLC reported a 13 percent rise in July auto sales in the United States, while Nissan Motor Co posted a 16.2 percent increase, as better financing deals and pent-up demand lured consumers into dealer showrooms last month.
Romney tax plan helps rich most: tax group
WASHINGTON (Reuters) - Republican U.S. presidential challenger Mitt Romney's proposal to slash individual income taxes by 20 percent across-the-board would primarily boost the income of the wealthiest taxpayers, according to a nonpartisan analysis released on Wednesday.
Drought deepens worries about food supplies, prices
CHICAGO (Reuters) - Alarm grew over the unrelenting Midwest drought on Tuesday, as one of the top corporate leaders in agriculture warned that the government must act quickly to reduce the amount of corn going to ethanol to prevent a sharp spike in food prices.
Iconoclastic American author Gore Vidal dead at 86
LOS ANGELES (Reuters) - Writer Gore Vidal, who filled his novels and essays with acerbic observations on politics, sex and American culture while carrying on feuds with big-name literary rivals, died on Tuesday at home in Los Angeles of complications from pneumonia, age 86.
July factory growth slowest in almost three years: Markit
NEW YORK (Reuters) - The manufacturing sector grew in July at its slowest pace in nearly three years as a debt crisis in Europe and economic and political uncertainty at home dented demand, a survey showed on Wednesday.
Some showers seen for drought-stricken crops
CHICAGO (Reuters) - A better chance of rain was expected late this week in portions of the drought-stricken U.S. Midwest, bringing some relief to the struggling corn and soybean crops, an agricultural meteorologist said on Wednesday.
University of Montana quarterback charged with rape
(Reuters) - University of Montana quarterback Jordan Johnson was charged with rape on Tuesday, becoming the second member of the team to face such charges amid investigations by U.S. authorities into the handling of sexual assault reports by school and local officials.
Courts mull whether illegal immigrants can be licensed to practice law
SACRAMENTO (Reuters) - A law school graduate seeking to join the California bar despite his status as an illegal immigrant may soon become a test case for other young and undocumented professionals as the state's highest court weighs whether he can be admitted to practice law.
United flight temporarily diverted because of camera
(Reuters) - A "suspicious item," which turned out to be a camera, caused a United Airlines flight bound for Geneva, Switzerland, to be temporarily diverted to Boston on Tuesday night, according to officials.
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