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·  South Texas gets first look at Dolly's damage (AP)

AP - Residents and recovery teams began fanning out across south Texas Thursday and cars crept along roads with darkened stoplights as the region got its first look at the destruction left by Hurricane Dolly.


·  Obama and German leader discuss war and economics (AP)

AP - Democratic presidential candidate Barack Obama and German Chancellor Angela Merkel discussed the wars in Iraq and Afghanistan as well as climate and energy issues at Germany's chancellery Thursday, part of a tour aimed at lifting the first-term senator's international standing.


·  Ford posts $8.7 billion loss on asset write-downs (AP)

AP - Ford Motor Co. posted the worst quarterly performance in its history Thursday, losing $8.67 billion in the second quarter.


·  Existing home sales fall 2.6 percent in June (AP)

AP - Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in more than two decades.


·  IOC says Iraq won't be allowed at Olympics (AP)
AP - The International Olympic Committee says Iraq will not compete at the Beijing Games because of interference by its government in sport.
·  Federal minimum wage rises to $6.55 today (AP)

AP - About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.


·  AP IMPACT: Fatal MRAP accidents prompt warnings (AP)

AP - The towering trucks that give U.S. troops the best protection against roadside bombs and enemy bullets also make them vulnerable to routine hazards like sharp turns, rutted roads and rickety bridges.


·  'Batman' star Christian Bale asks for privacy amid assault allegations (AP)

AP - Batman star Christian Bale asked for privacy Thursday in his first comments since allegations he assaulted his mother and sister at a London hotel, saying the incident was personal.




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My Merchant / Services Inventory List & News Confidential - For Private Use Only. Page 1, 2, 3