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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 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 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 15:23:00 GMT

UPDATE 2-HSBC says won't cut holding in China's BoCom - Reuters UK
SHANGHAI, Jan 8 (Reuters) - HSBC Holdings will not cut its strategic stake in China's Bank of Communications, the banks said on Thursday amid investor concern that more foreign institutions might sell their holdings in Chinese lenders. In separate ...
Thu, 08 Jan 2009 20:09:00 GMT

Paulson calls for replacing Fannie/Freddie - Birmingham Business Journal
Outgoing U.S. Treasury Secretary Henry Paulson reflected on the downfall and future of embattled mortgage giants Fannie Mae and Freddie Mac in a speech before the Economic Club of Washington on Wednesday. He argued that there was widespread ...
Thu, 08 Jan 2009 21:42:00 GMT

Richardson adviser worked for firm feds probing [3:00 pm] - Farmington Daily Times
SANTA FE — One of Gov. Bill Richardson's longtime friends and political advisers worked as a consultant for the California firm at the center a federal pay-to-play investigation that derailed the Democratic governor's appointment as commerce ...
Thu, 08 Jan 2009 22:03:00 GMT

Dinosaurs & Fossils News - Yahoo News
A nearly complete skull of a primitive cheetah that sprinted about in China more than 2 million years ago suggests the agile cats originated in the Old World rather than in the Americas. China finds "largest dinosaur fossil site" in world Reuters ...
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
Fri, 09 Jan 2009 00:08:18 GMT

Brooklyn Nets Arena cutbacks?
Artists rendering of aerial view of Bruce Ratner's proposed Atlantic yards development in Downtown Brooklyn.
Thu, 08 Jan 2009 23:46:10 GMT

The Athens Theatre in DeLand reopens
BEACON PHOTO/PAT HATFIELD Taking the stage - Athens restoration director Jeffrey Ault walks up stairs to the Athens stage to address the hundreds of supporters during the theater's grand opening Jan.
Thu, 08 Jan 2009 21:48:54 GMT

Large construction layoffs looming
According to new employment and business forecast figures released by the Associated General Contractors of America , about two thirds of the nation's non-residential construction companies are planning to cut ...
Thu, 08 Jan 2009 13:00:00 GMT

Garrett order stalls lakes flood plan
ENVIRONMENT Minister Peter Garrett has slammed the brakes on plans to open the Murray River's devastated lower lakes to the sea, raising the stakes for the South Australian Government as it prepares to spend ...
Thu, 08 Jan 2009 13:00:00 GMT

Layoffs loom in building industry
MASS lay-offs are looming in the home building and building supplies industries as orders for new homes evaporate in the face of the financial crisis.

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