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From The Wire


Government Prepares To Sue Banks Over Mortgages

WASHINGTON, Sept. 2 (UPI) — The federal government will sue a dozen U.S. banks, charging they misrepresented the quality of mortgage securities sold in the housing bubble, insiders said. The Federal Housing Finance Agency lawsuits, expected to be filed soon in federal court, target Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, among […]

Group: Lack Of Jobs Threatens Dreams

WASHINGTON, Sept. 2 (UPI) — The lack of job growth, as evidenced by the August unemployment report, threatens the future of young Americans, Generation Opportunity said Friday. The Department of Labor said no new jobs were added in August and the unemployment rate remained at 9.1 percent. “Young Americans watched and waited patiently for elected […]

Spanish Lawmakers Vote To Restrict Debt

MADRID, Sept. 2 (UPI) — The lower chamber of Spain’s Parliament approved a constitutional amendment that would restrict future budget deficits and public debt Friday. Spanish deputies approved the change by a 316-5 vote, with leftist and most regional nationalist parties either not voting or walking out, the Financial Times reported. “Not doing this would […]

Britain’s New-Start Construction Off

LONDON, Sept. 2 (UPI) — New construction orders in Britain were down for the second quarter, led by cuts to school construction and a static house-building market, officials said. The Office for National Statistics reported new orders were 16.3 percent lower in the second quarter and 23.2 percent lower than in the same period last […]

PETA Protests Glendale Elephant Float

GLENDALE, Calif., Sept. 2 (UPI) — Officials in Glendale, Calif., are working on ways to make their circus elephant float for the Rose Bowl Parade less obnoxious to animal rights activists. The float features an elephant — manufactured — pulling a carriage. While no living elephants will be harmed when the float travels through Pasadena […]

Crash Throws Marijuana Into The Street

SAN JOSE, Calif., Sept. 2 (UPI) — Police in California said a truck crashed and many of its bags of illegally carried marijuana were snatched up by bystanders before officers arrived. San Jose police said the truck, which crashed at about 12:50 a.m. Wednesday and wound up on its side near Oakridge Mall, was abandoned […]

‘Lunar Bible’ Headed For Auction

AMHERST, N.H., Sept. 2 (UPI) — A New Hampshire auction house said items at an upcoming sale include a glove Neil Armstrong wore during astronaut training and the first Bible on the moon. Bobby Livingston of RR Auction said the online auction, which begins Sept. 15, consists of 832 items, including a “lunar Bible,” one […]

Swedish Post-It War Inspired By French

STOCKHOLM, Sweden, Sept. 2 (UPI) — A Swedish office worker said the Post-it art war he started with a neighboring building was inspired by a similar contest between French workers. Bo Isaksson, who works at an IT building near the Stockholm government buildings, said reading about the French Post-it war led him to use the […]

WVU Cracks Down On Couch Burning

MORGANTOWN, W.Va., Sept. 2 (UPI) — Students at West Virginia University who engage in the traditional couch-burnings to celebrate big football games could face arson charges, officials say. Morgantown officials say they have decided this year to use the state fire code, the Pittsburgh Post-Gazette reported. In the past, students who set couches on fire […]

State Issues Yemen Travel Warning

WASHINGTON, Sept. 2 (UPI) — The U.S. State Department Friday issued a travel warning for Yemen, saying the threat of terrorist activities and civil unrest makes travel unsafe. State urged U.S. citizens to leave Yemen while commercial transport still is available. The embassy is on restricted staffing, making it difficult to assist U.S. citizens in […]

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