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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 19:33:44 -0500

Obama pushes stimulus, warns on recession
WASHINGTON (Reuters) - President-elect Barack Obama warned on Thursday 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 18:04:59 -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 20:52:00 GMT

Nearly 10 percent of Latinos lag on mortgages - Columbia Missourian
Nearly one in 10 Latino homeowners fell behind in mortgage payments last year, and about 3 percent said they had received a foreclosure notice, a Hispanic research group reported Thursday. The Pew Hispanic Center's survey of Hispanic adults found ...
Thu, 08 Jan 2009 15:01:00 GMT

Financial Crisis Presents Opportunity for Asia, Jeffrey Sachs Tells ... - eGov Monitor
THE GLOBAL economic crisis should be viewed by Asia’s policymakers as an opportunity to expand investment in “desperately” needed public goods, economist Jeffrey Sachs told an ADB audience. Professor Sachs, director of the Earth Institute at ...
Thu, 08 Jan 2009 23:29:00 GMT

Samsung Securities to return to Japan - Nikkei - Reuters
TOKYO, Jan 9 (Reuters) - South Korea's Samsung Securities Co ( 016360.KS ) will re-enter Japan, taking advantage of milder competition with the shrinking operations of U.S. and European brokers, the Nikkei business daily reported on Friday. Samsung ...
Thu, 08 Jan 2009 12:38:00 GMT

Stocks in Europe, Asia Decline on Earnings Concern; BHP Drops - Bloomberg
Jan. 8 (Bloomberg) -- Stocks in Europe and Asia dropped, sending the MSCI World Index lower for a second day, on concern the deepening economic slump will wipe out earnings growth and curb demand for commodities. U.S. index futures declined. BHP ...
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 ...

Topics News
Fri, 09 Jan 2009 00:55:07 GMT

Live from the Blu-ray press conference
Last year, the Blu-ray press conference was all about how the format was beating HD DVD.
Fri, 09 Jan 2009 00:54:47 GMT

Offshoring's Uncertain Future in 2009
Outsourcers insist their business will continue to grow even as the industry deals with a major scandal.
Fri, 09 Jan 2009 00:54:46 GMT

One Laptop Per Child cuts half of staff
The brutal economic downturn has claimed new victims at the One Laptop Per Child Foundation of Cambridge, which distributes free laptops to poor children around the world.
Fri, 09 Jan 2009 00:54:16 GMT

Dieting Americans still hungry for fitness
Americans squeezed by the economic crisis are still forking out money for gym memberships and dieting centers but health clubs are having to hold down their fees to keep customers coming in.
Fri, 09 Jan 2009 00:53:46 GMT

Conservationists update officials on projects surrounding MCAS
Lt. Col. Jim Quinn, commanding officer of Marine All-Weather Fighter Attack Squadron 533, talks with local officials while Capt.

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