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State Senator Joe Leibham to not seek recount for last week's election

SHEBOYGAN, WI (WHBL) - Joe Leibham will not seek a recount for last week's 6th House District Republican primary. The Sheboygan state senator lost the four man race to State Senator Glenn Grothman by 219 votes, which was close enough to ask for a recount that would have been paid for by local government units. In a statement made Friday afternoon, Leibham said he has contacted Grothman about his decision and wished him well in the November general election.  He adds he is happy of the ...

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Egyptian bourse plunges 6 percent on Mursi decree

CAIRO (Reuters) - Egypt's main stock index plunged 6 percent on Sunday in the first trading session since President Mohamed Mursi ignited a political crisis by expanding his powers.

Stocks crashed just after the 3.30 a.m. EST opening. The stock exchange suspended trading until 4.01 a.m. EST, the stock exchange said.

"We are back to square one, politically, socially, unrest, clashes and so on," said Mohamed Radwan of Pharos Securities.

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