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Weather cuts short trip of U.S., Iraqi "lawn chair" balloonists
Jul 15th, 2012
BEND, Oregon (Reuters) - Two men sitting in lawn chairs tied to 350 helium-filled balloons failed in their bid on Saturday to set a world record for the longest two-man cluster balloon flight when bad weather forced them down well short of their destination. A crowd estimated at more than 1,000 people watched as American Kent Couch and Fareed Lafta of Iraq lifted off on Saturday morning from the parking lot of Couch's Stop & Go Mini Mart in the Oregon town of Bend. They soared into clear skies with light winds, perched underneath balloons in the colors of the U.S. and Iraqi flags. ... (Source: Reuters) -
By Tom Brown MIAMI (Reuters) - The U.S. National Weather Service is getting a quantum jump in computing power that will significantly improve its forecasting and storm tracking abilities to better protect the country from severe weather. "This is a game changer," Louis Uccellini, who took over as director of the National Weather Service i... [Full Article]
(Reuters) - Credit rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc , the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company's reliance on its insurance operations for dividend income. S&P cut the counterparty rating on Berks... [Full Article]
SEOUL, South Korea (AP) - North Korea fired three short-range guided missiles into its eastern waters on Saturday, a South Korean official said. It routinely tests such missiles, but the latest launches came during a period of tentative diplomacy aimed at easing tensions. (Source: Associated Press)... [Full Article]
REUTERS - JPMorgan Chase & Co Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties, the Wall Street Journal reported on Saturday. Shareholders will vote later this month at an annual meeting in Tampa, Florida, on a non-binding proposal to separate ... [Full Article]
BAQUBA, Iraq (Reuters) - Two bombs exploded outside a Sunni Muslim mosque the Iraqi city of Baquba as worshippers left after Friday prayers, killing at least 43 people in one of the deadliest attacks in a month-long surge in sectarian violence. Attacks on Sunni and Shi'ite mosques, security forces and Sunni tribal leaders have spread since tro... [Full Article]
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