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Gabon's president seeks re-election to extend family rule

Yves Laurent Goma, Associated Press  |  Posted  Aug 26th - 8:11am

Gabon's president is looking to extend his family's rule of the central African nation past the 50-year mark by winning a second term in an election Saturday.

Stocks rising in early trading following 2 days of declines

Bernard Condon, Associated Press  |  Posted  Aug 26th - 8:01am

Stocks are rising in early trading Friday following two days of declines as investors await a speech by Federal Reserve Chair Janet Yellen that may hint at the timing of future interest rate increases. A handful of stocks were moving higher after reporting results that were better than analysts had expected. Raw material suppliers, which have taken heavy losses this week, turned higher. Freeport McMoRan, a copper miner, rose 1 percent.

Markets Right Now: Stocks open higher on Wall Street

The Associated Press  |  Posted  Aug 26th - 7:51am

The latest on developments in global financial markets (all times local):

Defense witnesses to testify in trial of Brazil's president

The Associated Press  |  Posted  Aug 26th - 7:50am

Senators in Brazil have begun a second day of deliberations in the trial of President Dilma Rousseff.

AP Explains: Behind the trial to remove Brazil's president

Adriana Gomez Licon, Associated Press  |  Posted  Aug 26th - 7:50am

Brazil's Senate on Friday began the second day of deliberations in a trial to decide whether to permanently remove President Dilma Rousseff from office. While the formal accusations against Rousseff are related to her management of the federal budget, the leadership fight involves much more. The Associated Press explains how we got to this point and how the trial is likely to play out.

'Game of Thrones' composer creating 'Gears of War 4' score

Derrik J. Lang, Associated Press  |  Posted  Aug 26th - 7:43am

The composer for "Game of Thrones" is swapping the sword-filled realm of Westeros for the alien-plagued world of Sera.

Law school to discuss latest in black teen's 1944 execution

Bruce Smith, Associated Press  |  Posted  Aug 26th - 7:40am

Faculty and students at the Charleston School of Law are scheduled to discuss a new development in the case of a black teenager electrocuted more than 70 years ago for the killings of two white girls in a segregated South Carolina mill town.

US economy grew at tepid 1.1 percent pace in spring

Christopher S. Rugaber, Associated Press  |  Posted  Aug 26th - 7:30am

The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending.

Merkel: Britain's exit shows EU's need to communicate better

The Associated Press  |  Posted  Aug 26th - 6:50am

German Chancellor Angela Merkel said Friday that Britain's decision to leave the European Union has exposed the need for better communication within the bloc that is facing security and economic challenges.

Obama plans to create world's largest marine protected area

Kevin Freking, Associated Press  |  Posted  Aug 26th - 6:40am

President Barack Obama will expand a national monument off the coast of Hawaii, creating a safe zone for tuna, sea turtles and thousands of other species in what will be the world's largest marine protected area.

Allina nurses in Minnesota to begin strike on Labor Day

The Associated Press  |  Posted  Aug 26th - 6:21am

The union representing about 4,800 nurses at five Allina hospitals in the Twin Cities area has notified the company it will begin a strike on Labor Day.

Hong Kong rules US short seller Left engaged in misconduct

Kelvin Chan, Associated Press  |  Posted  Aug 26th - 5:40am

U.S. short-seller Andrew Left engaged in market misconduct by publishing false or misleading information about a Chinese property developer, a Hong Kong tribunal ruled Friday.

Brewer AB Inbev to cut thousands of jobs in takeover deal

The Associated Press  |  Posted  Aug 26th - 5:31am

The world's largest brewer, AB Inbev, expects to cut about 3 percent of its total workforce — equivalent to thousands of jobs — once it completes its huge takeover of its closest rival, SABMiller.

Stock markets cautious ahead of key Fed speech

Teresa Cerojano, Associated Press  |  Posted  Aug 26th - 5:21am

Stock markets were mostly lower Friday as investors awaited a speech by U.S. Federal Reserve Chairwoman Janet Yellen later in the day for cues on the timing of the next interest rate hike.

Japan PM in Kenya to launch summit on African development

Tom Odula, Associated Press  |  Posted  Aug 26th - 4:40am

Japanese Prime Minister Shinzo Abe has arrived in Kenya to launch the Tokyo International Summit on African Development which 35 heads of state are expected to attend.

VW: employee chief floats idea of taking stakes in suppliers

The Associated Press  |  Posted  Aug 26th - 2:40am

Volkswagen's employee council chief is suggesting that the automaker consider taking stakes in suppliers after a dispute disrupted production in Germany.

Alabama House narrowly approves governor's proposed lottery

Kim Chandler, Associated Press  |  Posted  Aug 26th - 2:30am

The Alabama House of Representatives narrowly approved Gov. Robert Bentley's proposed state lottery Thursday night after 10 hours of contentious debate and two vote attempts.

Russian convicted in masterminding global online theft ring

Martha Bellisle, Associated Press  |  Posted  Aug 26th - 1:23am

The son of a Russian lawmaker has been convicted of hacking into U.S. businesses to steal credit card information and orchestrating an international online theft scheme that netted him millions of dollars.

Air New Zealand posts record profit but warns of competition

The Associated Press  |  Posted  Aug 26th - 12:30am

New Zealand's national airline on Friday posted a record profit thanks to surging tourism and lower fuel costs, but warned it expected increased competition from rival international carriers in the year ahead.

Tribe trucks totem pole 4,800 miles in fossil fuels protest

Gillian Flaccus, Associated Press  |  Posted  Aug 26th - 12:23am

A Pacific Northwest tribe is traveling nearly 5,000 miles across Canada and the United States with a 22-foot-tall totem pole on a flatbed truck in a symbolic journey meant to galvanize opposition to fossil fuel infrastructure projects they believe will imperil native lands.