News Round-Up 9-29-10

‘Credible But Not Specific’ Threat of New Terrorist Attack

US and European officials said Tuesday they have detected a plot to carry out a major, coordinated series of commando-style terror attacks in Britain, France, Germany and possibly the United States.

Counter-Terror Operation Stops Trucks On I-20

DOUGLAS COUNTY, Ga. — A team of federal agents stopped tractor-trailers on Interstate 20 just west of Atlanta, inspecting each truck as it passed through a weigh station, and Channel 2 has learned its part of a counter-terrorism operation.

Obama: ‘We Need To Make Clear To People That The Cancer Is In Pakistan’

President Obama dispatched his national security adviser, retired Marine Gen. James L. Jones, and CIA Director Leon Panetta to Pakistan for a series of urgent, secret meetings on May 19, 2010.

University Of Texas Shooting Suspect Identified

The Austin American-Statesman reports that the suspected gunman in today’s shooting at the University of Texas was mathematics sophomore Colton Tooley. Police say Tooley, 19, acted alone.

Spain Strikes Over Austerity Measures

MADRID — Airlines canceled flights and picketers hurled eggs at buses and blocked trucks from delivering produce to wholesale markets as Spanish workers staged a general strike Wednesday to protest austerity measures imposed by a government struggling to slash its budget deficit and overcome recession.

Hoyer: Tax vote still possible

House Majority Leader Steny Hoyer (D-Md.) indicated Tuesday that Democrats are still considering a limited vote on a tax cut package before the House adjourns.

Senate moves ahead on spending bill

Eager to send Congress home, Democrats cleared the first Senate hurdles Tuesday toward enacting a stopgap spending bill that would keep the government operating through Dec. 3 with only modest adjustments for foreign policy appropriations

Deficit-Cut Panel Set to Meet

With just two months left before it has to issue a final report, a U.S. commission looking at ways to cut the federal deficit was to meet again on Wednesday amid questions about its hard-headedness.

FBI Questioning Ex-SEIU President [and deficit-cut panel member] Andy Stern

The FBI and U.S. Labor Department are looking into two deals involving Andy Stern — over a six-figure book contract given to the former head of the Service Employees International Union and payments to a labor leader convicted on separate fraud charges, a source familiar with the case told Fox News on Tuesday.

Election Panel Dismisses Complaint Against SEIU, Clears Way for Union to Amass War Chest

Despite a finding by the Federal Election Commission’s general counsel that the Service Employees International Union violated election law when it required local affiliates to contribute to its political action fund, the FEC’s full board nonetheless quietly voted to overrule its staff attorney and dismissed the original complaint — clearing the way for the union to squeeze its locals to amass a $9 million war chest for the next election.

Home Loan Demand Down

U.S. mortgage applications fell for a fourth straight week, reflecting the inability of many homeowners to take advantage of record low interest rates, data from an industry group showed on Wednesday.

Gulf leaders push to revive economy

Now that the oil has stopped flowing in the Gulf of Mexico, renewed economic development efforts have begun along the Gulf Coast.

Fierce fire fight with Taliban caught on camera

The moment United States marines were ambushed by Taliban insurgents in Helmand Province, Afghanistan, has been captured by an embedded cameraman.