A bomb exploded Thursday outside a police installation on theSpanish island of Majorca, killing two policemen, in what theauthorities believe was the second attack in two days by the Basqueseparatist group ETA. The explosion happened around 2 p.m. in Palmanova,

A federal bankruptcy judge on Thursday approved a plan by Delphi,the troubled auto parts supplier, to sell the bulk of its assets to itslenders, a ruling that should end one of the longest and mostcontentious reorganizations in recent history. JudgeRobert

General Dynamics reported a slight decline in second-quarter earningsWednesday, but the results surpassed Wall Street expectations and thecompany said it saw signs of improvement in the market for its businessjets.The Falls Church, Virginia, defense contractor said profit for the period

U.S. Sen. Kay Bailey Hutchison (R) will resign her seat this fall tofocus on challenging Texas's incumbent Republican governor, Rick Perry."The actual leaving of the Senate will be sometime - October, November- that, in that time frame," Hutchison told Mark

Exxon Mobil and Royal Dutch Shell reported sharply lower second-quarter profitsThursday, hurt by crude oil prices that are running a little less thanhalf of last year's record-shattering levels.Exxon Mobil profits slid to $3.95 billion, or 81 cents a share, down66

Upbeat earnings news and a decrease in the number of peoplereceiving unemployment benefits helped to catapult stock markets upwardon Thursday, lifting them to their highest levels since last autumn.Shares, however, pulled back in the last hour of trading and finishedoff

A federal judge on Thursday ordered the release of a detainee at theU.S. military prison at Guantanamo Bay, Cuba, who was accused ofattacking U.S. troops with a grenade in 2002.The government will have at least until Aug. 21 to send

Lawmakers on Thursday will consider various proposals to restructurethe U.S. Postal Service, just days after government auditors warnedthat it must quickly address its financial viability.Confronting a sharp decline in mail volume tied to the recession andthe continuing migration to e-mail

Pfizer signed a $75 million agreement Thursday with Nigerianauthorities to settle criminal and civil charges that the companyillegally tested an experimental drug on children during a 1996meningitis epidemic.Nigerian authorities say Pfizer's test of the antibiotic Trovankilled 11 children and disabled

Iranian security forces clashed with thousands of demonstratorsacross Tehran and struggled to maintain control Thursday afteropposition leader Mir Hussein Mousavi was prevented from visiting thegraves of those killed in protests last month, including 27-year-oldNeda Agha Soltan, whose final moments were

The Democratic-controlled U.S. House of Representatives is poised to give the Pentagon dozensof new ships, planes, helicopters and armored vehicles that DefenseSecretary Robert M. Gates says the military does not need to fund nextyear, acting in many cases in response

Members of the U.S. House Ethics Committee, who are investigating a patternof lawmakers steering federal funds to generous defense contractors,are all set to have their pet military projects funded by the samecommittee whose activities they are probing.The 10 committee members

Compensation practices at the nation's largest banks have become"unmoored" from their financial performance, according to a reportreleased Thursday by the New York Attorney General Andrew Cuomo."When the banks did well, their employees were paid well," Cuomosaid in the report. "When

A senior American military adviser in Baghdad has concluded in anunusually blunt memo that the Iraqi forces suffer from deeplyentrenched deficiencies but are now capable of protecting the Iraqigovernment, and that it is time †for the U.S. to declare

Governments and investment funds are buying upfarmland in Africa and Asia to grow food -- a profitable business, witha growing global population and rapidly rising prices. The high-stakesgame of real-life Monopoly is leading to a modern colonialism to whichmany poor

Intellpuke: This editorial appeared in the New York Times edition for Thursday, July 30, 2009.It was disturbing to learn the other day just how close the lastadministration came to violating laws barring the military fromengaging in law enforcement when President

Passenger flights have grown safer each decadesince the Wright Brothers first flew more than a century ago. But thenumber of dead in crashes during the first half of 2009 threatens todisrupt this trend. Experts say the number of smaller accidents

Political adviser Karl Rove and other high-ranking figures in the BushWhite House played a greater role than previously understood in thefiring of federal prosecutors almost three years ago, according toe-mails obtained by the Washington Post, in a scandal that led

British Airways posted a first quarter pre-tax loss of £148 million ($US244,858,027.17) Friday morning as theairline warned of "considerable uncertainty" over the timing of anindustry recovery.BA underlined why it has just raised £680 million ($US1.125 billion)to bolster its balance sheet

Royal Dutch Shell boss Peter Voser has warned of a "massive" restructuring that would lead to substantial job cuts as the oil group battled with the steepest decline in demand for energy since 1980.Reportinga 70% fall in quarterly profits, the