Imports slow Q2 growth as business spending surges
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WASHINGTON (Reuters) – U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.
Floods kill more than 400 in Pakistan’s northwest
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PESHAWAR (Reuters) – Heavy monsoon rains have triggered the worst floods in decades in Pakistan’s northwest, killing more than 400 people and forcing thousands from their homes as authorities struggle to reach stranded villagers.
Fire prompts evacuation of 2,000 homes north of L.A
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LOS ANGELES (Reuters) – A fierce brush fire nearly doubled in size overnight as it threatened power lines that supply electricity to the greater Los Angeles area, but evacuation orders for 2,000 homes were lifted, officials said on Friday.