Financial Times - US homepage 6/1

Financial Times - US homepage

US House votes against raising debt ceiling

The first vote to increase the $14,300bn US borrowing limit has failed, highlighting the persistence of deep divisions over budgetary policy two months ahead of a crucial deadline to avert a potential default http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/JIXOU9/N9/h?a1=2011&a2=5&a3=31

US home price double dip erases post-crisis gains

US house prices are in a double dip that has erased all of their bounce since the recession and threatens to derail a stuttering economic recovery http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/M9YVTF/N9/h?a1=2011&a2=5&a3=31

WHO signals mobile phone cancer fears

The World Health Organisation has for the first time classified radiation from mobile telephones as “possibly carcinogenic to humans” http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/IYW63Z/N9/h?a1=2011&a2=5&a3=31

Obama picks energy executive for commerce post

John Bryson, the former chairman of Edison International, will be named commerce secretary, rounding out the transformation of President Obama’s economic team http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/IYW63A/N9/h?a1=2011&a2=5&a3=31

Walmart given nod for S Africa acquisition

Walmart has won approval for its proposed $2.4bn takeover of retailer Massmart, paving the way for the US multinational to expand into fast-growing African markets http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/72ONDL/N9/h?a1=2011&a2=5&a3=31

Palin fans speculation of presidential candidacy

Sarah Palin’s reappearance on her ‘One Nation’ tour has kick-started debate over whether the former vice-presidential candidate will run for the Grand Old party nomination http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/WL3K2H/N9/h?a1=2011&a2=5&a3=31

Italy offers financial help to Libya rebels

Rome will call for wider recognition of uprising and financial relief as Nato members and Arab allies confer in Abu Dhabi in the days ahead http://link.ft.com/r/6NPSBB/IYKLWI/HDKQA6/XTNDWM/YHUYZT/N9/h?a1=2011&a2=5&a3=31