MADRID (AP) — Spanish investigators may get some clues as to what caused yesterday's derailment from a security camera that captured the moment when the passenger train veers off the track and crashes into a wall at high speed. The death toll from the crash has risen to 78, while more than 140 other people were injured.
WASHINGTON (AP) — The Labor Department is reporting unemployment applications rose by 7,000 last week to a seasonally adjusted 343,000. The increase follows a steep drop the week before, however, and the four-week average edged lower and remains at a level consistent with an improving job market. Meanwhile, the Commerce Department reports demand for aircraft and business spending boosted durable goods orders by 4.2 percent last month.
DETROIT (AP) — General Motors headlines another batch of corporate earnings reports out today. The automaker's second quarter profit topped expectations with solid earnings in North America offsetting a drop in international profit and more losses in Europe. Meanwhile, 3M, United Continental and Southwest Airlines also saw their earnings beat Wall Street expectations.
CAIRO (AP) — The youth group behind the protests that led to the ouster of Egypt's Islamist president is backing the military's call for mass demonstrations tomorrow. The group says Egyptians who want to "complete the revolution" must take to the streets. The army chief says a large turnout would provide a mandate for him to deal with "violence and terrorism" by Mohammed Morsi's supporters. Some fear a possible crackdown against Morsi's Muslim Brotherhood and its followers.
SEOUL, South Korea (AP) — North Korea is threating to send troops to the stalled inter-Korean factory park near the two countries' border. Analysts say the warning is an effort to pressure South Korea to agree to reopen a park that provided Pyongyang with badly-needed hard currency before it was shut down in April amid rising tensions. The warning followed closed-door talks between the Koreas today. Seoul wants guarantees Pyongyang won't unilaterally close the Kaesong park again.
Created: Thu, 25 Jul 2013 09:15:22 EST
Updated: Thu, 25 Jul 2013 09:15:22 EST