Report: Iran cancels American's release (AP)

AP - An Iranian news agency says Tehran has canceled the planned release of a jailed American woman because the necessary legal procedures have not been completed.

Bell Canada parent to buy CTV for C$1.3 billion (Reuters)

Reuters - BCE Inc, Canada's largest telecommunications company, will pay C$1.3 billion ($1.26 billion) for the country's biggest private broadcaster, in a bold gamble on the future of video over the Internet.

Oil still gushing from shut-down Canada-U.S. pipeline (Reuters)

Reuters - Enbridge Inc's 6A pipeline, the biggest of three key arteries that deliver most of Canada's crude oil exports to the United States, is still leaking oil in Illinois more than 24 hours after the spill that forced its closure was reported.

Afghan president calls on Taliban leader to join peace talks (AFP)

AFP - Afghan President Hamid Karzai Friday used his traditional message marking the Eid Muslim holiday to call on the leader of the Taliban to stop fighting and join peace talks to end Afghanistan's long war.

Man held in Denmark after trying to blow himself up (Reuters)

Reuters - Danish police have detained a man after he tried to blow himself up in a hotel in central Copenhagen, Danish media reported Friday.

Colombian rebels kill 6 police in mortar attack (AP)

AP - Colombian authorities say leftist rebels firing home-made mortars killed at least six police and wounded four in a pre-dawn attack at the country's border with Ecuador.

The E.U. Tries to Stop France's Crackdown on Gypsies (Time.com)

Time.com - After weeks of watching from the sidelines, the European Union has finally condemned France's mass expulsion of Roma migrants. But does France care?

Foreign Businesses Say China's Regulations Shut Them Out (Time.com)

Time.com - Foreign businesses in China are voicing growing frustration about the country's heavily regulated market -- a bureaucratic maze many say is designed deliberately to hamstring non-Chinese players to the advantage of their local competitors

Ohio man guilty in income tax return fraud (AP)

AP - An Ohio man has pleaded guilty in a $400,000 fraud that used stolen identities to file more than 100 false federal income tax returns.

US troops brave grenade attacks in key Afghan town (AP)

AP - Pfc. Sean Provenzano saw it whiz by out of the corner of his eye: a dark object hurled from a rooftop as he patrolled the medieval maze of alleyways in this fort-like walled village at the center of America's Afghan surge.

New GM CEO's pay package worth $9 million (AP)

AP - New General Motors Co. CEO Daniel Akerson will get the same $9 million pay package as the man he replaced, Ed Whitacre.

Wall Street gains as economic outlook brightens (Reuters)

Reuters - The Dow and S&P 500 were on track on Friday to close the week with a seventh gain in the last eight sessions, a period that has seen investors worst fears about the economy start to dissipate.

Genzyme begins layoffs to cut costs (Reuters)

Reuters - U.S. biotech company Genzyme Corp has begun laying off an unspecified number of employees, a move it said was unrelated to Sanofi-Aventis SA's takeover bid.

U.S. banking group wants part of Basel plan dropped (Reuters)

Reuters - A leading U.S. banking group is urging Basel Committee negotiators working on new international capital standards to ditch part of their proposal.

Earnings Preview: Best Buy Inc. (AP)

AP - Electronics seller Best Buy Inc. reports its second-quarter results before the market opens on Tuesday.

Lions upset Tendulkar's Mumbai in opener (AFP)

AFP - The Champions League Twenty20 tournament got off to a thrilling and surprise start Friday with local outfit Highveld Lions of South Africa defeating star-studded Mumbai Indians by nine runs.

US, Iraq sign deal to settle Saddam-era claims (AP)

AP - Iraq has agreed to pay $400 million to Americans who say they were abused by Saddam Hussein's regime, U.S. and Iraqi officials said Friday.

Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Cyrus the Great artifact to be displayed in Iran (AP)

AP - A Babylonian artifact sometimes described as the world's first human rights charter is to go on display in Iran after the government threatened to cut ties with the British Museum if it did not loan the object.

Castro says he was misinterpreted on Cuban economy (AP)

AP - Fidel Castro says his comments about Cuba's communist economic model were misinterpreted by a visiting American journalist.

Some see Turkey's secularism at stake in Sept. 12 referendum (The Christian Science Monitor)

The Christian Science Monitor - Turks are preparing to vote on a package of far-reaching constitutional changes Sunday, in what has turned into a referendum on the countryâs Islamic-leaning ruling party.

Spanish miners in Day 9 of underground protest (AP)

AP - Far, far away from a Chilean mine where 33 trapped men struggle to cope as they await rescue, 50 Spanish miners are also deep in the earth's bowels — but by their own choice.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.

Obama picks new top economist (AFP)

AFP - US President Barack Obama on Friday named Austan Goolsbee, an economics professor currently working in his administration, to chair the Council of Economic Advisors (CEA).

Nokia brings in Microsoft exec to replace CEO (Reuters)

Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.

Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

Australian 'kingmaking' MP declines ministerial post (AFP)

AFP - An independent Australian politician whose support was crucial to keeping Prime Minister Julia Gillard in power Friday knocked back an offer to become a minister in her minority government.

Quran burning canceled after Pentagon calls pastor (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Under tremendous pressure from U.S. officials all the way up to President Barack Obama, a Florida pastor on Thursday called off a Quran burning that he'd scheduled for Saturday, the anniversary of the 9/11 attacks, which had drawn international condemnation and posed a potential threat to national security.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Wall Street's super traders come under fire (AFP)

AFP - A handful of traders who master stock markets using ultra-fast computers may soon face a clampdown by US watchdogs as they try to prevent freak electronic glitches.

Banging a Drum for the MDG Summit (OneWorld.net)

OneWorld.net - NEW YORK, Sep 7 (IRIN) - Activists are pulling out all the stops ahead of a development summit at UN headquarters on 20-22 September. Pro-aid and anti-poverty lobbyists are trying everything from giant letters to banging pans to raise awareness of the high-level event.