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Reuters - California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday, raising pressure on lawmakers to negotiate a state budget that is more than a month overdue and will need to close a $19 billion shortfall.
Reuters - Heavy monsoon rains in Islamabad on Thursday hampered recovery efforts at the site of a Pakistani plane crash that killed all 152 people on board a day earlier, a senior police officer said.
Reuters - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.
Reuters - The United States should alter policy to take account of China's role as a major player on the world stage if it wants to avoid friction and instability, a major state newspaper said on Thursday.
Reuters - BP Plc may permanently shut the well that caused the worst off-shore oil spill in U.S. history as early as Monday, the company said as speculation grew over assets it might sell to cover mounting costs.
AP - Albert Haynesworth finally showed up for work — and quickly learned the Washington Redskins won't be cutting him any slack.
AP - Louisville basketball coach Rick Pitino is used to answering questions from reporters.
AP - Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.
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