August 09, 2007

Earlybird Roundup: Corporate Taxes, Infrastructure Upgrades

Pakistan. No state of emergency will be declared in Pakistan, President Pervez Musharraf said this morning after allegedly considering the move for security reasons.

Washington. President Bush said yesterday that he's considering a plan to cut corporate tax rates, despite potential political backlash from congressional Democrats.

Congress. Democrats and Republicans are proposing competing ideas for upgrading the transportation infrastructure.

Nation. New York City's subways flooded, a tornado ripped through Brooklyn and a Staten Island woman died in flash floods yesterday.

NASA. The space shuttle Endeavour took off last night from Cape Canaveral, staffed by a female teacher who was astronaut Christa McAuliffe's backup on the Challenger in 1986.

See Earlybird (subscription) for more of this morning's headlines.

Posted at 8:55 AM
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