President Barack Obama and Vice President Joe Biden will put a spotlight on job-training programs on Tuesday as part of a White House push to boost economic opportunities for middle-class Americans, an important voting group in November elections. Obama will sign the "Workforce Innovation and Opportunity Act," which the White House said would help "improve business engagement and accountability across federally funded training programs." Biden, who is a potential 2016 presidential candidate, will unveil a new report that will show the results of a study about how to make federal training programs more successful and better tailored to employers' needs. The administration plans to work with elected officials and leaders in businesses, unions, and academia to replicate training strategies that work well, the White House said. Obama made fighting for the middle class the top theme of his successful 2012 re-election campaign.
PARIS (Reuters) - Airbus has carried out a high-speed rejected take-off test for its new A350 airliner, the planemaker said on Tuesday. The test is a key step towards European safety certification which industry sources expect in late August or early September. Airbus plans to deliver its first carbon-composite jetliner to Qatar Airways by the end of the year. The braking trial is one of the costliest tests in the certification process and involves directing maximum energy to a set of worn-out brakes, causing an orange glow and smoke as the brakes reach a temperature of 1,400 degrees Celsius. ...
The concept of surf training is relatively new. In the last two decades, professional surfers have dedicated more time to the performance of their bodies and added special workout routines to their schedules.
But what can the average surfer do, in terms of physical exercise, in order to step up from good to great, out in the line-up? Is there any particular fitness guide for wave riders?Read More
England wicketkeeper Matt Prior has decided to take a break from international duty for the rest of the season after losing form due to a series of injuries. Prior revealed his decision to step away from England action just hours after his country slumped to a 95-run defeat in the second Test against India at Lord's. The 32-year-old has had a torrid season behind the stumps and his rash dismissal, unwisely hooking Ishant Sharma, played a key role in England's second innings collapse.
By David Randall and Edwin Chan NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. Yet the company remains one of the most significantly underweighted stocks among large cap fund managers, according to a Goldman Sachs report. Part of the reason for a lack of portfolio manager enthusiasm is that Apple Inc no longer seems to be the hot growth company of old, fund managers say. Apple reports results for its fiscal third quarter on Tuesday, July 22.
For today, severe storms are possible in far southeast Montana this afternoon and evening. Large hail, strong winds and heavy rainfall are the main threats. After a hot day on Wednesday, a critical fire weather day is possible on Thursday as fuels continue to dry out across the region. Hot, dry and windy conditions are possible on Thursday, along with shifting winds due to a cold frontal passage.Read More
By Marc Jones LONDON (Reuters) - European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine's pro-Russian separatists over the downed Malaysian Airlines plane. It helped settle the recent market nerves, lifting shares both in Europe and Asia and pushing back many safe-haven assets like the yen, gold and government bonds that have been in demand over the last week. Europe's FTSEurofirst 300 index was up 0.7 percent as the main bourses in London , Frankfurt and Paris all climbed, while dollar-traded Russian stocks in Moscow saw their first rise in almost two weeks. The rebound in risk was also aided by more solid U.S. company earnings and merger activity in the previous session, though analysts remained wary about Ukraine and Russia given the delicate situation.
DETROIT (AP) — A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.
An increasingly moist and unstable pattern will escalate the threat of thunderstorms today and Wednesday. While a few strong thunderstorms are possible today, the ingredients for severe weather are expected to be more prevalent Wednesday just in advance of a strong cold front. This feature will also keep thunderstorm potential going for much longer than is typical beginning Wednesday morning and continuing through much of the night. Damaging winds appear to be the main severe threat, but hail around the size of quarters and intense short duration rainfall cannot be ruled out. And of course, lightning will be a threat with these storms.Read More
By Carl Odera LEER South Sudan (Reuters) - A surge in the number of emaciated children arriving at a feeding centre in Leer, a muddy rebel-held town in South Sudan's oil-rich Unity State, is fuelling fears that the world's newest nation is on the brink of famine. Food stocks are running low across conflict-ravaged northern regions of the country, aid workers say, and the onset of the rainy season has dashed hopes that South Sudan's displaced subsistence farmers will plant enough crops to feed themselves. The country is the size of France but has hardly any paved roads and the United Nations and humanitarian agencies are struggling to provide aid to remote regions. Aid agencies say South Sudan, which gained independence from Sudan in 2011 after decades of conflict, could be headed for the worst famine since the 1984 Ethiopian famine.