German Chancellor Angela Merkel welcomes US Democratic presidential hopeful Barack Obama at the Chancellery in Berlin. Obama has kicked off a European tour in Berlin, saying he wanted to signal a fresh start in transatlantic ties from the city where the Cold War was won.(AFP/DDP/Michael Kappeler)
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AFP/DDP

Obama may demand more from Europe in Berlin speech

Bloomberg - 2 hours, 54 minutes ago

July 24 (Bloomberg) -- Barack Obama will probably use a speech in Berlin today to call on European allies to share more of the burden in Afghanistan, a demand that German Chancellor Angela Merkel may find hard to satisfy, analysts and lawmakers said.

In this Sept. 11, 2007 file photo, Ford CEO John Fleming presents the European Ford Focus during the first press day at the International Auto Show (IAA) in Frankfurt, Germany. Ford announced it will build the car in North America and is set to go on sale in the U.S. in 2010. Ford Motor Co. said Thursday, July 24, 2008, it lost $8.67 billion in the second quarter largely because of a reduction in the value of assets. (AP Photo/Bernd Kammerer)

Ford posts $8.7B 2Q loss on asset write-downs

AP - 22 minutes ago

DEARBORN, Mich. - Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter largely because of a reduction in the value of assets.

A man pedals his bicycle down a flooded street in Brownsville, Texas as Hurricane Dolly hits the area on Wednesday, July 23, 2008. Dolly barreled into South Texas on Wednesday, lashing the coast with winds up to 100 mph and dumping heavy rain that threatened to flood low-lying areas but spared levees along the heavily populated Rio Grande Valley. (AP Photo/Matt Slocum)

Texas levees hold but waters rise in Dolly's rains

AP - 17 minutes ago

BROWNSVILLE, Texas - Hurricane Dolly slammed ashore and then loitered over deep south Texas as a tropical storm, dumping as much as a foot of rain in places and ripping roofs off buildings with 100 mph winds.

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