Sep 5, 2011, 8:11 p.m.

Obama backtracks on smog plan, bows to big business

WASHINGTON (Reuters) - President Barack Obama put a stop on Friday to new rules that would limit smog pollution, unexpectedly reversing course on a key policy measure after businesses said it would kill jobs and cost them billions of dollars. Obama said the decision to withdraw the draft Ozone National Ambient Air Quality Standard by the Environmental Protection Agency was part of an effort to reduce regulatory burdens for business.

The mighty Missouri River: the flooding and the damage done

MINNEAPOLIS/COUNCIL BLUFFS, Iowa (Reuters) - The cost of America's quiet billion dollar disaster in the Upper Midwest keeps rising as floodwaters decline. Shortly before Memorial Day, a summer of unprecedented flooding from Montana to Missouri along the Missouri River started washing away interstate highway lanes and swamping rail lines as it routed thousands of people from their homes.

Tsunami warning lifted after Alaskan islands quake

ANCHORAGE, Alaska (Reuters) - A 6.8 magnitude earthquake struck on Friday in the Aleutian Islands off Alaska, the U.S. Geological Survey reported, prompting a tsunami warning for a portion of Alaska's coast that was lifted after an hour. There were no reports of damage or injury from the quake and no destructive tsunami was reported, said the West Coast and Alaska Tsunami Warning Center located in Palmer, Alaska.

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