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.