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 - Thu Jul 24, 5:16 AM ET

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 April 23, 2007 file photo, a Ford Sport Trac is shown in production on the line at the Ford Assembly Plant in Louisville, Ky. 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/Brian Bohannon, file)

Ford posts $8.7 billion loss on asset write-downs

AP - 5 minutes ago

DEARBORN, Mich. - Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles.

Brownsville police officers duck away from flying debris as they try to move an awning out of a downtown street in Brownsville, Texas. Hurricane Dolly slammed onto South Padre Island, Texas, near the Mexico border, Wednesday, pounding the region with rain and powerful winds.(AFP/Getty Images/Dave Einsel)

Levees hold but waters rise in Dolly's rains

AP - 9 minutes ago

BROWNSVILLE, Texas - Widespread flooding was expected Thursday from Hurricane Dolly that has loitered as a tropical storm overnight, soaking deep south Texas and northeastern Mexico with more than foot of rain.

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