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GM to drop Facebook ads due to low consumer impact

DETROIT/SAN FRANCISCO (Reuters) – General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website prepares to go public, with a source familiar with the matter saying the automaker had decided Facebook’s ads had little impact on consumers. The decision by GM, the third-largest advertiser in the United States, marks the first highly visible crack in Facebook’s strategy and underscores doubts about whether advertising on Facebook works better than traditional media. …

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GM to drop Facebook ads due to low consumer impact

GM to drop Facebook ads due to low consumer impact

DETROIT/SAN FRANCISCO (Reuters) – General Motors Co said on Tuesday it will stop advertising on Facebook, even as the social networking website prepares to go public, with a source familiar with the matter saying the automaker had decided Facebook’s ads had little impact on consumers. The decision by GM, the third-largest advertiser in the United States, marks the first highly visible crack in Facebook’s strategy and underscores doubts about whether advertising on Facebook works better than traditional media. …

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GM to drop Facebook ads due to low consumer impact

US foils new Al-Qaeda ‘underwear’ plane bomb plot

The United States has foiled a plot by Al-Qaeda’s branch in Yemen to blow up a US-bound passenger jet with a new take on the “underwear bomb” near the first anniversary of Osama bin Laden’s death, officials said Monday.

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US foils new Al-Qaeda ‘underwear’ plane bomb plot

Agent details physical evidence in Clemens case

On the eve of Roger Clemens’ 2008 congressional appearance, his lawyer warned federal agent Jeff Novitzky that if “he ever messes with Roger, Roger will eat his lunch.”

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Agent details physical evidence in Clemens case

More doubts cast on European missile defense plan

The National Academy of Sciences is casting more doubt on whether the Obama administration’s European-based missile defense shield can protect the United States and recommends scrapping key parts of the system.

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More doubts cast on European missile defense plan

US gives exemption on Iran sanctions to 11 nations

The United States is granting an exemption to 10 European Union countries and Japan from enforcing economic sanctions because the countries have significantly reduced their purchases of petroleum from Iran.

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US gives exemption on Iran sanctions to 11 nations

AP Exclusive: NKoreans skeptical of US nuke deal (AP)

AP – A nuclear deal with the United States may have raised hopes that tensions on the Korean peninsula could ease soon, but rare interviews Friday by The Associated Press with Pyongyang residents suggest deep cynicism of U.S. intentions.

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AP Exclusive: NKoreans skeptical of US nuke deal
(AP)

U.S. Justice Department indicts Swiss bank Wegelin (Reuters)

Reuters – The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.

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U.S. Justice Department indicts Swiss bank Wegelin
(Reuters)

Many indifferent as Noriega returns to Panama cell (AP)

AP – Manuel Noriega is back in his Panamanian homeland after nearly 22 years, sitting in a prison cell in a country he ruled as a personal fiefdom until U.S. troops invaded and hauled him off to a Florida jail.

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Many indifferent as Noriega returns to Panama cell
(AP)

Attempts to balance budget pose state risk: raters (Reuters)

Reuters – Threats to the credit rating of the United States may have spooked political leaders in U.S. states, but congressional attempts to balance the federal budget pose more long-term dangers, the three top rating agencies said on Monday.

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Attempts to balance budget pose state risk: raters
(Reuters)