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Thu, 08 Jan 2009 16:36:27 -0500

Obama pushes stimulus, warns on recession
WASHINGTON (Reuters) - President-elect Barack Obama warned on Thursday that the U.S. economy could stay mired in recession for years without bold action and he urged lawmakers to work day and night to pass a massive stimulus plan.

Thu, 08 Jan 2009 17:32:15 -0500

Citi backs Senate mortgage bankruptcy reform: senators
WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.

Thu, 08 Jan 2009 17:31:26 -0500

Israel faces criticism as Gaza toll hits 765
GAZA (Reuters) - Recovery teams ventured into battlegrounds of the Gaza Strip on Thursday to gather bodies from the rubble, and Hamas officials said the Palestinian toll in Israel's 13 day-old offensive rose to 765 dead.

Thu, 08 Jan 2009 17:24:06 -0500

Wal-Mart and other retailers warn after weak December
CHICAGO (Reuters) - Wal-Mart Stores Inc and other top U.S. retailers delivered disappointing December same-store sales and profit warnings on Thursday, sparking fresh recession concerns that hit stock and currency markets.

Thu, 08 Jan 2009 17:26:48 -0500

Madoff had $173 million in checks ready, U.S. says
NEW YORK (Reuters) - Accused swindler Bernard Madoff had signed checks totaling more than $173 million in his office desk ready to be sent out before his arrest, U.S. prosecutors said in court papers on Thursday asking a judge to jail him.

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Thu, 08 Jan 2009 16:48:00 GMT

Crozer-Keystone Health cutting 400 jobs - Philadelphia Inquirer
Crozer-Keystone Health System began eliminating 400 jobs this week. The Delaware County organization, which employs 7,000 people at five hospitals, notified managers and medical staff of its plans yesterday. Some non-union employees already have left ...
Thu, 08 Jan 2009 16:34:00 GMT

Xerox Classic goes on hiatus for lack of sponsor - 13 WREX-TV
ROCHESTER, N.Y. (AP) - The Xerox Classic has been left off the Nationwide Tour schedule for 2009 after the corporate sponsor decided not to sign a new deal. Xerox Corp. cited the harsh economic climate that forced it to lay off 3,000 employees in ...
Wed, 07 Jan 2009 20:10:00 GMT

Threat to 450 jobs as Viyella calls in administrators - Guardian Unlimited
Viyella, the 225-year-old company that is one of the great names in British textiles, joined the queue of heritage brands felled by the recession yesterday today when it called in the administrators. Woolworths, the Queen's tailor, Hardy Amies, and ...
Thu, 08 Jan 2009 17:39:00 GMT

Perils and joys of self-esteem - Pharos-Tribune
When you look at the audience numbers for TV and then add up the incarcerated felons, Alzheimer’s patients and confirmed barflies in America, it dawns on you who is watching TV these days — people unable to lead normal productive lives — and ...
Thu, 08 Jan 2009 09:25:00 GMT

Catch Bobby Flay's radio show today - Detroit Free Press
Celebrity chef Bobby Flay is launching a talk-radio show on which he will advise men on everything from dating, dining, dressing and how to nail a tough job interview. The star of numerous Food Network programs will host the two-hour show "Bobby Flay ...

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Thu, 08 Jan 2009 22:48:45 GMT

Exxon CEO doubts Obama's alternative energy goal
Exxon Mobil CEO Rex Tillerson said on Thursday it would be difficult to meet President-elect Barack Obama's goal to significantly boost U.S. alternative energy production.
Thu, 08 Jan 2009 22:48:05 GMT

Lincoln, others file bill to expand development bond program
Sen. Blanche Lincoln, D-Ark., has joined a bipartisan effort in the U.S. Senate supporters say is aimed at encouraging investment in innovative manufacturing.
Thu, 08 Jan 2009 22:45:14 GMT

CA: Oilsands industry 'dropped ball'
Canada's oilsands industry admits it has "dropped the ball" in engaging with the public about the environmental effects of its energy developments, the head of the sector's largest lobby group said Thursday in ...
Thu, 08 Jan 2009 22:43:11 GMT

Continue reading Devils' Parise still trails dad in All-Star honors
When Zach Parise found out Thursday afternoon in a text message from a friend that he had been selected to play in the NHL All-Star Game, he called his father to tell him the exciting news.
Thu, 08 Jan 2009 22:41:28 GMT

Venza a welcome addition to crossover category
The 2009 Toyota Venza is the latest attempt by automakers to disguise a station wagon as a new, modern vehicle.

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