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LATEST NEWS HEADLINES
:::::::::: NEWS :::::::::: Fed seeks to calm markets after discount rate rise :: WASHINGTON/MEMPHIS, Tennessee (Reuters) - U.S. Federal Reserve officials moved to calm speculation that a surprise rise in its emergency lending rate could bring forward broader policy tightening, saying borrowing costs in the economy would stay low. :::::::::: Small plane is crashed into tax offices in Texas :: AUSTIN (Reuters) - An apparently disgruntled man crashed a small plane into a federal building housing U.S. tax offices in Austin, Texas on Thursday in what local officials said was likely a deliberate attack. :::::::::: Toyota head prepares for Congress grilling on recalls :: TOKYO/WASHINGTON (Reuters) - The head of Toyota Motor Corp bowed to pressure to testify before U.S. lawmakers and explain the company's safety crisis, becoming the highest profile Japanese executive to face such a grilling from Congress. :::::::::: NY Democrats seek to avoid Massachusetts debacle :: NEW YORK (Reuters) - In a year in which Republicans look likely to make sweeping gains in congressional and governors' elections, New York Democrats are more concerned with fighting each other. :::::::::: China says Obama hurt ties by meeting Dalai Lama :: BEIJING (Reuters) - China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation. :::::::::: Haiti shelter emergency as rain turns camps to mud :: PORT-AU-PRINCE (Reuters) - Providing shelter for hundreds of thousands of homeless earthquake victims in Haiti jumped to the top of the country's relief priorities on Thursday after heavy rain turned makeshift survivors' camps into muddy quagmires. :::::::::: Niger president seized in military coup :: NIAMEY (Reuters) - Mutinous troops led by an army colonel captured Niger's President Mamadou Tandja after a gun battle on Thursday, and said they were suspending the constitution and dissolving all political institutions. :::::::::: Obama names deficit panel, gives it broad leeway :: WASHINGTON (Reuters) - President Barack Obama named a bipartisan panel on Thursday to tackle exploding U.S. budget deficits and promised it broad leeway to recommend ways to put the country on a path to fiscal responsibility. :::::::::: First Iranian-built destroyer launched in Gulf :: TEHRAN (Reuters) - Iranian state television said the first Iranian-built destroyer was launched on Friday in a ceremony attended by Supreme Leader Ayatollah Ali Khamenei. :::::::::: Tiger Woods to make public apology :: PONTE VEDRA BEACH, Florida (Reuters) - Superstar golfer Tiger Woods, whose stunning fall from grace late last year captivated the sports world, is set to make a public apology on Friday and speak about his playing future.
