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WASHINGTON (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. "We've got to finish the job of implementing this reform and putting these rules in place," Obama said in a weekly radio address that accused some on Wall Street of causing the 2007-2009 economic crisis because they "treated our financial system like a casino. ...

Leaders of the world's economic powers say Germany should balance its push for European fiscal austerity with doses of stimulus spending to avoid a financial calamity with global repercussions.

CAPE CANAVERAL, Florida (Reuters) - The launch of a privately owned Falcon 9 rocket from Cape Canaveral Air Force Station was delayed on Saturday when a computer detected a possible problem with one of the rocket's engines, a Space Exploration Technologies official said. Preparations for the company's trial cargo run to the International Space Station proceeded smoothly until 4:55 a.m. EDT (0855 GMT) when an onboard computer aborted the launch. "Liftoff ... we've had a cutoff. ...

Three men arrested earlier this week when police raided a Chicago apartment were being held on terrorism conspiracy charges Saturday stemming from allegations that they tried to make Molotov cocktails ahead of the NATO summit, but the first major dress rehearsal of this weekend's large-scale protests was relatively peaceful.

LONDON (Reuters) - Rupert Murdoch has denied reports that News Corp is considering spinning off its British newspapers to protect the rest of his media empire from a phone hacking scandal. The Daily Telegraph and the Financial Times newspapers said executives at the company were looking into ways to split off the Sun, the Times and the Sunday Times, published by its News International unit. ...