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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 17:58:14 -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 18:32:08 -0500

Citi backs mortgage bankruptcy reform: senators
WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a rewrite of bankruptcy law being proposed in the U.S. Congress to help troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.

Thu, 08 Jan 2009 18:17:54 -0500

Obama names Virginia gov as Democratic Party head
WASHINGTON (Reuters) - President-elect Barack Obama named Tim Kaine as head of the Democratic Party on Thursday, rewarding an early supporter with a high-profile political post even as he continues to serve as Virginia governor.

Thu, 08 Jan 2009 18:09:57 -0500

Wal-Mart and other U.S. retailers warn after dismal holiday
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.

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Thu, 08 Jan 2009 22:25:00 GMT

Did Ramalinga Raju siphon off money? - Economic Times
MUMBAI: Did Satyam Computers promoter-chairman Ramalinga Raju pick the lesser of two crimes when he decided to confess to India’s largest-ever corporate fraud of Rs 7,136 crore? That’s a question that had begun to niggle a few people on Wednesday ...
Thu, 08 Jan 2009 22:18:00 GMT

Oil field services giant Schlumberger Ltd. to cut up to 1,000 jobs in ... - Chicago Tribune
HOUSTON (AP) — Schlumberger Ltd. , the world's largest oilfield services company, says it's eliminating up to 1,000 jobs in North America, or about 5 percent of its work force, and is looking at cuts elsewhere globally. Schlumberger and other ...
Thu, 08 Jan 2009 21:56:00 GMT

This BCS title game is a complete sham; Pac-10 news, notes & links - Oregonian
With USC, Texas and the unbeaten Utah Utes standing on the outside looking in, the BCS championship game tonight between Florida and Oklahoma won't settle the debate about No. 1. One theory is, the powers who run college football like it that way ...
Wed, 07 Jan 2009 22:05:00 GMT

Movers: Intel, Time Warner, Alcoa, Monsanto, Satyam - BusinessWeek
Intel ( INTC ) sees lower-than-expected fourth quarter revenue of about $8.2 billion, down 20% sequentially, down 23% year over year. The chip maker cites further weakness in end demand and inventory reductions by customers in the global PC supply ...
Thu, 08 Jan 2009 21:35:00 GMT

EU, Russia strike deal on monitoring gas flow through Ukraine, - Chicago Tribune
BRUSSELS, Belgium (AP) — The European Union said Thursday that gas supplies should restart after it struck a deal with Russia on supervising the flow of gas through Ukraine. Russia cut off natural gas supplies to Europe on Tuesday during freezing ...

Topics News
Thu, 08 Jan 2009 23:49:54 GMT

Work starts on Rebana Ubi gantry
THE controversial Rebana Ubi gantry is rapidly taking shape in Jalan Syed Putra, one of the busiest roads in Kuala Lumpur.
Thu, 08 Jan 2009 23:49:22 GMT

Movie review | Mickey Rourke is smashing in The Wrestler
"The Wrestler," with Mickey Rourke, Marisa Tomei, Evan Rachel Wood. Directed by Darren Aronofsky, from a screenplay by Robert Siegel.
Thu, 08 Jan 2009 23:49:08 GMT

Firehouse Subs opens in Thornton
Firehouse Subs, a national chain based in Jacksonville, Florida, has opened its first Colorado location at 10060 Grant Street, in Thornton.
Thu, 08 Jan 2009 23:48:49 GMT

Plum Creek reduces MT production; 145 jobs lost
Plum Creek Timber Co. says it will reduce production at its four lumber sawmills and its medium density fiberboard plant in Montana, resulting in the loss of 145 jobs.
Thu, 08 Jan 2009 23:48:33 GMT

Strike, weaker demand hurt 2008 Boeing deliveries
Hurt by an autumn strike and shrinking airline demand, Boeing Co.'s passenger jet deliveries fell 15 percent in 2008, ensuring that archrival Airbus retained its rank as the world's top plane maker.

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