U.S. Top News: Pension debt overwhelms bankrupt San Bernardino, California

	Click to View in Browser 08/3/2012 Pension debt overwhelms bankrupt San Bernardino, California LOS ANGELES (Reuters) - San Bernardino, the third California city to seek bankruptcy protection since June, is saddled with huge pension debt and will produce details of those unfunded obligations within 15 days, its mayor said on Thursday. Peterson jury hears paramedic tell of cold, waxy body JOLIET, Illinois (Reuters) - A paramedic who testified on Thursday at the murder trial of Drew Peterson, a former police officer accused of killing his third wife, said her body was cold and waxy in the bathtub where he found her. Anti-Islam challenge to Tennessee lawmaker fails NASHVILLE, Tennessee (Reuters) - A Tennessee Republican congresswoman survived a spirited primary election challenge on Thursday from an opponent whose campaign was based on opposition to Islam and to a new mosque built near Nashville. Cash-strapped California cities back off asking voters to hike taxes LOS ANGELES (Reuters) - Californian cities hobbled by crippling deficits are rushing to declare fiscal emergencies to help solve their money problems, yet they are backing away from the tax increases that such declarations make possible. Czech court frees U.S. singer in fan death case on bail PRAGUE (Reuters) - The frontman of a U.S. heavy metal band detained on suspicion of causing the death of a fan by pushing him off the stage has being released from jail in the Czech Republic after posting bail, a court spokeswoman said on Friday. United Continental reaches agreement with pilots union (Reuters) - United Continental Holdings Inc said it has reached an agreement in principle with its pilots union that had threatened to go on strike. California defends use of offsets in CO2 market SAN FRANCISCO, Aug 3 (Reuters Point Carbon) - California's air regulator this week defended its decision to allow emitters to use offset credits in the state's forthcoming emissions trading system, refuting claims made in a lawsuit by two green groups that there is no way to ensure the environmental integrity of those projects. Lacker says Fed rate hike could come before late 2014 WASHINGTON (Reuters) - The Federal Reserve may need to raise official interest rates before late 2014, Richmond Fed President Jeffrey Lacker said on Friday, justifying his dissent against the central bank's latest decision. Air Force trainer gets 30 days in jail in sex scandal SAN ANTONIO (Reuters) - A U.S. Air Force basic training instructor was sentenced to 30 days in jail on Thursday and had his rank reduced after being convicted of improper sexual misconduct at a court martial, one of seven cases in the worst military sex scandal since 1996. Chicago O'Hare terminal back to normal after scare CHICAGO (Reuters) - The Transportation Security Administration temporarily suspended passenger screening in one part of Chicago O'Hare International Airport Thursday afternoon to allow agents to conduct a "suspicious activity" investigation, but nothing dangerous was found. Related Video U.S. Morning Call: July jobs seen weak, may spur Fed to act Panama police display seized cocaine Great Debate The people's business is none of our business Social media and the new Cold War A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend