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 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 - 4 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 - 4 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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