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  Feed24: Newsflash |
| | Sources: Obama vetting two new Cabinet picks
1 hour(s) ago @ cnn.com
Arizona Gov. Janet Napolitano is President-elect Barack Obama"s top choice for homeland security secretary, according to multiple Democratic sources close to the transition. Also, billionaire Chi...
» Save this article » More news about Obama
| Obama could re-brand America, experts say (cnn.com)
President-elect Barack Obama could restore the United States' image in the international community, experts say. Obama represents a "clean break" from the past, and his election is the first big step toward change, said Dick Martin, author of "Rebuilding Brand America."
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| Napolitano eyed for Homeland Security (msnbc.com)
An early Barack Obama supporter from the southwestern part of the country, the former Arizona attorney general is a leading contender for the job of secretary of homeland security.
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| Dems: Napolitano emerges for Homeland Security job (yahoo! news)
AP - Arizona Gov. Janet Napolitano, an early Barack Obama supporter from the southwestern part of the country, is the likely choice for the job of secretary of homeland security, a top Obama adviser said Thursday.
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| Obama makes more Cabinet picks, sources say (cnn.com)
President-elect Barack Obama has chosen former Sen. Tom Daschle to be secretary of Health and Human Services, and Arizona Gov. Janet Napolitano as top choice for secretary of homeland security, multiple Democratic sources close to the transition told CNN. Daschle -- not White House staffers -- will be writing the health care plan that Obama submits to Congress, sources indicate.
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| Napolitano may be next Homeland Security secretary (yahoo! news)
AP - President-elect Barack Obama has started his Cabinet selections by naming several Washington insiders to top posts. Now, he may be reaching out to outsiders, including Arizona Gov. Janet Napolitano, who reportedly is the lead choice as secretary of the Homeland Security Department.
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| Obama could rebrand America, experts say (cnn.com)
President-elect Barack Obama could restore the United States' image in the international community, experts say. Obama represents a "clean break" from the past, and his election is the first big step toward change, said Dick Martin, author of "Rebuilding Brand America."
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Weekly jobless claims surge to 16-year high
2 hour(s) ago @ reuters
The number of U.S. workers filing new claims for jobless benefits rose by a larger than expected 27,000 last week to their highest level in 16 years, Labor Department data showed on Thursday, as a har...
» Save this article » More news about 16-year
| Weekly jobless claims surge to 16-year high (yahoo! news)
Reuters - The number of U.S. workers filing new claims for jobless benefits surged last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring.
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| Weekly jobless claims surge to 16-year high (reuters)
The number of U.S. workers filing new claims for jobless benefits surged last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring.
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| Jobless claims jump unexpectedly to 16-year high (yahoo! news)
AP - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.
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| U.S. jobless claims jump to 16-year high (msnbc.com)
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
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| Weekly jobless claims surge to 16-year high (yahoo! news)
Reuters - The number of U.S. workers filing new claims for jobless benefits rose by a larger than expected 27,000 last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring.
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| U.S. jobless claims jump to 16-year high (msnbc.com)
The government says new claims for unemployment benefits jumped last week to a 16-year high, providing more evidence of a rapidly weakening labor market.
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Global job losses rise as recession plays on
2 hour(s) ago @ reuters
World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan"s exports to Asia falling for the first time in six years and job losses mounting.
» Save this article » More news about Thursday
| Job losses rise as recession plays on (yahoo! news)
Reuters - World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Global job losses rise as recession plays on (yahoo! news)
Reuters - World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Job losses rise as recession plays on (reuters)
World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Recession blues play on (yahoo! news)
Reuters - Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Recession blues play on (yahoo! news)
Reuters - World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Recession blues play on (reuters)
World economic misery spread on Thursday with forecasts of a global recession running well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Recession blues play on (reuters)
Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and job losses mounting.
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| Prolonged recession looms (yahoo! news)
Reuters - Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and another sharp sell-off on global equity markets.
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| Prolonged recession looms (reuters)
Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and another sharp sell-off on global equity markets.
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U.S. forces kill Qaeda leader wanted for attacks
2 hour(s) ago @ yahoo! news
U.S. forces killed a senior al Qaeda leader wanted for planning suicide bombings, kidnappings and assassinations, including the abduction and killing of a U.S. army sergeant in 2004, the U.S. military...
» Save this article » More news about US
| Pakistan warns U.S. over missile strike (cnn.com)
Pakistan's foreign ministry summoned U.S. Ambassador Anne Patterson on Thursday to lodge a formal protest against another suspected U.S. missile strike on its territory, an act the country's prime minister called a violation of his nation's sovereignty.
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| U.S.: Raid kills militant blamed in GI death (msnbc.com)
An al-Qaida in Iraq leader blamed in the 2004 abduction and murder of an Army reservist and other deadly attacks was killed in an American raid in Baghdad, the U.S. military said Thursday.
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| Pakistan summons U.S. envoy (msnbc.com)
Pakistan summoned the U.S. ambassador Thursday to protest a suspected U.S. missile strike deep inside its territory as militants threatened revenge attacks unless the cross-border raids stop.
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| Pakistan protests over U.S. missile strikes (yahoo! news)
Reuters - Pakistan summoned U.S. ambassador Anne Patterson on Thursday to protest over missile strikes launched by pilotless drone aircraft against militant targets in Pakistan.
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| U.S. pact can pass Iraqi parliament: minister (yahoo! news)
A pact allowing U.S. troops to stay in Iraq for three more years has a chance of being approved by parliament despite some heated opposition, Foreign Minister Hoshiyar Zebari said on Thursday.
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| Pakistan summons U.S. envoy to protest missiles (reuters)
Pakistan summoned U.S. ambassador Anne Patterson on Thursday to receive a formal protest over missile strikes launched by pilotless drone aircraft against militant targets on Pakistani soil, a Pakistani foreign ministry official said.
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Prospect for auto bailout dims
7 hour(s) ago @ yahoo! news
Reuters - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from De...
» Save this article » More news about $25
| Prospect for auto bailout dims (reuters)
Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
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| Prospect for auto bailout dims as Senate races clock (yahoo! news)
Reuters - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
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| Prospect for auto bailout dims as Senate races clock (reuters)
Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
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| U.S. auto execs testify as legislators try for deal (yahoo! news)
Reuters - U.S. auto executives went to Capitol Hill on Wednesday for a second day to plead for $25 billion in government aid, but legislators tried to fashion a last-minute compromise bailout bill that could pass both Congressional and White House muster.
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| U.S. auto execs testify as legislators try for deal (reuters)
U.S. auto executives went to Capitol Hill on Wednesday for a second day to plead for $25 billion in government aid, but legislators tried to fashion a last-minute compromise bailout bill that could pass both Congressional and White House muster.
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| Auto execs testify as legislators try for deal (yahoo! news)
Reuters - U.S. auto executives went to Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators proposed changes to help a bailout pass Congressional and White House muster.
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| Auto execs testify as legislators try for deal (reuters)
U.S. auto executives went to Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators proposed changes to help a bailout pass Congressional and White House muster.
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| Auto execs testify as legislators try for deal (yahoo! news)
Reuters - Auto executives appeared on Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators in both houses and parties proposed compromises to the original plan.
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| Auto execs testify as legislators try for deal (reuters)
Auto executives appeared on Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators in both houses and parties proposed compromises to the original plan.
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Feed24: Sport |
| | NFL Says Cowboys Pacman Jones Can Return Dec. 7
2 hour(s) ago @ abc news
NFL reinstates troubled Cowboys cornerback Adam "Pacman" Jones, who can return on Dec. 7
» Save this article » More news about Pacman
| NFL says Cowboys' Pacman Jones can return Dec. 7 (yahoo! news)
AP - The NFL is giving Adam "Pacman" Jones another chance. Dallas Cowboys owner Jerry Jones said Wednesday the suspended cornerback has been reinstated by league commissioner Roger Goodell, but he must miss two more games — this Sunday and the following game on Thanksgiving. He'll be back Dec. 7 at Pittsburgh.
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| Pacman reinstated, but can't return until Dec. 7 (yahoo! news)
AP - The NFL is giving Adam "Pacman" Jones another chance. Dallas Cowboys owner Jerry Jones said Wednesday the suspended cornerback has been reinstated by league commissioner Roger Goodell, but he must miss two more games — this Sunday and the following game on Thanksgiving. He'll be back Dec. 7 at Pittsburgh.
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| Pacman hopeful of returning to Cowboys soon (foxsports.com)
Suspended Cowboys cornerback Adam "Pacman" Jones has completed the inpatient portion of his NFL-ordered alcohol treatment and has returned to Texas, where he is hopeful of soon being able to rejoin the team.Jones' agent, Worrick Robinson, said the player is handing personal matters while waiting for NFL commissioner Roger Goodell to determine if Jones will be reinstated and be able to play this season.
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| Pacman hopeful of returning soon to Cowboys (yahoo! news)
Suspended Cowboys cornerback Adam "Pacman" Jones has completed the inpatient portion of his NFL-ordered alcohol treatment and has returned to Texas, where he is hopeful of soon being able to rejoin the team.
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Red Sox trade Coco Crisp to Royals for reliever
20 hour(s) ago @ yahoo! news
AP - The Kansas City Royals picked up the leadoff hitter they had been seeking on Wednesday, acquiring center fielder Coco Crisp from the Boston Red Sox for reliever Ramon Ramirez.
» Save this article » More news about Sox
| Red Sox trade Crisp to Royals for reliever (yahoo! news)
AP - The Kansas City Royals picked up the leadoff hitter they had been seeking on Wednesday, acquiring center fielder Coco Crisp from the Boston Red Sox for reliever Ramon Ramirez.
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| Red Sox trade Crisp to Royals for relief help (foxsports.com)
Outfielder Coco Crisp was traded from the Boston Red Sox to the Kansas City Royals on Wednesday for reliever Ramon Ramirez.Royals general manager Dayton Moore called the switch-hitting Crisp a "championship-caliber player" who will help Kansas City move forward. Crisp is a career .280 batter in seven seasons with the Cleveland and the Red Sox.The 29-year-old stared 98 games for the Red Sox last season while sharing the center field job with rookie Jacoby Ellsbury.
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| Why I voted Morneau for AL MVP (foxsports.com)
Dustin Pedroia is a deserving winner, but in this tightest of AL MVP races, Ken Rosenthal explains why someone else got his vote.
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Federer eyes strong 2009 start after Blake win
29 minutes ago @ yahoo! news
AFP - Roger Federer wrapped up his season with an easy win over James Blake in an exhibition match here Thursday before turning his thoughts to getting his 2009 season off to a flying start.
» Save this article » More news about Federer
| Federer beats Blake in exhibition match (yahoo! news)
AFP - Roger Federer breezed past James Blake in an exhibition match here Thursday, exacting further revenge on his Olympic conqueror before taking a break ahead of the new season's start.
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| Federer too strong for Blake (abc sport)
Roger Federer scraped past James Blake in a one-set exhibition game overnight, showing no signs of the back strain or stomach bug that hampered him at last week's season-ending Masters Cup.
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Wakamatsu Hired to Manage Mariners
13 hour(s) ago @ abc news
Mariners hire Don Wakamatsu as majors" 1st Asian-American manager
» Save this article » More news about Wakamatsu
| Wakamatsu hired to manage Mariners (yahoo! news)
AP - Don Wakamatsu is proud to be the first Asian-American manager in major league history. He's also keenly aware of what his grandparents endured, generations before he took over the Seattle Mariners.
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| Wakamatsu becomes first Asian-American manager (yahoo! news)
The Seattle Mariners named Don Wakamatsu as their manager on Wednesday, making the 45-year-old former catcher the first Asian-American to manage in Major League Baseball.
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| Wakamatsu hired by Seattle (yahoo! news)
AP - Don Wakamatsu became the first Asian-American manager in major league baseball history when he was hired Wednesday by the Seattle Mariners.
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Buccaneers rusher Graham ruled out for rest of season
15 hour(s) ago @ yahoo! news
Reuters - Tampa Bay Buccaneers running back Earnest Graham will miss the rest of the season because of an ankle injury, the team said on Wednesday.
» Save this article » More news about Graham
| Bucs place leading rusher Graham on IR (foxsports.com)
Tampa Bay Buccaneers leading rusher Earnest Graham will miss the rest of the season after injuring his right ankle during last week's victory over the Minnesota Vikings.Graham limped off the field after his only carry against the Vikings. The Bucs said he hurt his ankle, but did not release specifics about the injury.Fourth-year pro Noah Herron was signed to fill Graham's spot on the roster.
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| Bucs place Graham on injured reserve (yahoo! news)
Tampa Bay Buccaneers leading rusher Earnest Graham will miss the rest of the season after injuring his right ankle during last week's victory over the Minnesota Vikings.
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Feed24: Entertainment |
| | Sandra Oh
1424 hour(s) ago @ hollywood.com entert...
Sandra Oh. Photos of your favorite actors and actresses.
» Save this article » More news about Sandra
Jim Byrnes
1424 hour(s) ago @ hollywood.com entert...
An American-born actor long in Canada, Jim Byrnes is best known for playing "Lifeguard", the communications expert and link to the organization on the CBS series Wiseguy (1987-1990), and...
» Save this article » More news about Byrnes
Owen Roizman
1424 hour(s) ago @ hollywood.com entert...
Began his career working on TV commercials in New York and shot his first feature, Bill Gunn"s Stop, in 1970. Roizman soon became known for his gritty, documentary-influenced urban compositions...
» Save this article » More news about Roizman
Paul Le Mat
1424 hour(s) ago @ hollywood.com entert...
A beefy, laconic leading man of the 1970s, Le Mat is best known for his performances in George Lucas" American Graffiti (1973) and especially as Melvin Dummar, an aimless blue-collar worker who...
» Save this article » More news about Mat
Anna Karina
1424 hour(s) ago @ hollywood.com entert...
Slender, dark-haired actress who appeared in several films of the French New Wave, particularly those directed by first husband Jean-Luc Godard. Karina was outstanding as the lonely, lovelorn prostitu...
» Save this article » More news about Karina
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Feed24: Computers & Internet |
| | Obama eyes Arizona governor for Homeland Security
44 minutes ago @ reuters
President-elect Barack Obama is considering Arizona Gov. Janet Napolitano to be U.S. Homeland Security secretary, heading a sprawling agency formed to bolster civil defense in the wake of the Septembe...
» Save this article » More news about Obama
| Obama eyes Arizona governor for Homeland Security (reuters)
President-elect Barack Obama is considering Arizona Gov. Janet Napolitano to be U.S. Homeland Security Secretary, at the head of a sprawling agency formed to bolster civil defense after the September 11 attacks, a senior Democrat said.
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| Obama taps ex-Senate chief to head health agency (reuters)
President-elect Barack Obama has chosen Tom Daschle, a key early supporter and former U.S. Senate leader, as his top official to overhaul the U.S. healthcare system, two Democratic sources said on Wednesday.
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| Obama picks Daschle as health secretary: media (reuters)
President-elect Barack Obama has chosen former U.S. Senate Democratic leader Tom Daschle to be Health and Human Services secretary, news media reported on Wednesday, citing sources close to Obama's transition team.
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| Obama moves closer to key cabinet pick (reuters)
President-elect Barack Obama moved closer to filling a key spot in his cabinet on Tuesday as his transition team plotted a careful course to shaping the next U.S. administration.
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| Obama to 'engage' on climate (bbc news)
US President-elect Barack Obama promises to "engage vigorously" on climate change, ahead of a major UN summit.
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Microsoft ends Yahoo deal talk
6 hour(s) ago @ bbc news
Microsoft"s boss tells the firm"s annual general meeting that it is no longer looking to buy Yahoo.
» Save this article » More news about Yahoo
| Ballmer dismisses Yahoo buyout but open on search (yahoo! news)
AP - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving more than 20 percent.
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| Yahoo Could Thrive -- or Be Swallowed by Microsoft (yahoo! news)
It comes as little surprise to analysts who have been watching the Yahoo drama unfold over the past six months. CEO Jerry Yang, 40, is stepping down and the company is hunting for a new chief who can pull the Internet company up by its billion-dollar bootstraps and compete with Google.
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| Ballmer dismisses Yahoo buyout but open on search (yahoo! news)
AP - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving by 19 percent.
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| Ballmer dismisses Yahoo buyout but open on search (yahoo! news)
AP - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving by 12 percent.
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| Ballmer dismisses Yahoo buyout but open on search (yahoo! news)
AP - Microsoft Corp. is no longer interested in buying all of Yahoo Inc., CEO Steve Ballmer said Wednesday, though he told shareholders that the company would still be "very open" to a collaboration on Internet search. His comments sent Yahoo shares diving by 14 percent.
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| Jerry Yang Resigns, Yahoo Searching for a New CEO (yahoo! news)
Yahoo cofounder Jerry Yang has resigned his role as CEO and Yahoo's board has initiated a search for his successor. Yang will return to his former role as chief yahoo as soon as the board finds a replacement. He will continue to serve on the board.
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CORRECTED: U.S. urges vigilance against Iranian banks in Dubai
29 minutes ago @ reuters
(Corrects first paragraph to clarify that United Nations sanctions do not ban Iranian banks from operating in Dubai, corrects Levey quote, adds additional quote and background)
» Save this article » More news about US
Nokia smartphones get IBMs Lotus Notes
29 minutes ago @ msnbc.com
Nokia smartphones will be able to access IBM Lotus Notes corporate email starting from next month, the two firms said on Thursday, as the world"s top handset maker battles Blackberry-maker RIM.
» Save this article » More news about IBM
Markets hit new lows on global job losses
44 minutes ago @ reuters
Fears of a deep, long global recession intensified on Thursday as markets hit new lows in alarm at reports of record U.S. job losses, oil prices plunging below $50 a barrel and worry that U.S. automak...
» Save this article » More news about Markets
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Feed24: Business & Economics |
| | Oil Falls Below $50, Lowest Price Since January 2007
29 minutes ago @ nyt > business
Oil prices have shed close to $100 in four months as an ailing global economy pares its consumption.
» Save this article » More news about $50
| Oil dips below $50 a barrel (latest financial new...)
The plunge in oil prices continued Thursday with prices falling below $50 a barrel as growing concern about the economy weighed on demand.
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| Oil dips below $50 (business and financi...)
The plunge in oil prices continued Thursday with prices falling below $50 a barrel as growing concern about the economy weighed on demand.
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| Oil dips under $50 on fears of deep recession (yahoo! news)
AP - Oil prices plunged over $3 Thursday, briefly dipping below $50 a barrel as 16-year high U.S. unemployment figures and plummeting stock markets caused investors to price in lower crude demand.
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| Oil falls below $50 a barrel (business and financi...)
The plunge in oil prices continued Thursday with prices falling below $50 a barrel as growing concern about the economy weighed on demand.
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Stocks fall after jobless claims jump
29 minutes ago @ yahoo! news
AP - Fresh worries about widening unemployment added to investors" list of concerns about the economy Thursday and extended Wall Street"s sell-off to a second day. The major indexes each fel...
» Save this article » More news about Stocks
| Stocks try to stabilize (business and financi...)
Stocks cut losses Thursday morning, turning mixed, as stocks bounced after touching key levels not seen in nearly six years.
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| Stocks fall further after jobless claims jump (yahoo! news)
AP - Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday. The major indexes each fell more than 1.5 percent, including the Dow Jones industrial average, which lost 135 points.
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| Stocks keep sliding (latest financial new...)
Stocks tumbled Thursday morning, carving out fresh 5-1/2 year lows, after a report showed the highest level of weekly unemployment claims in 16 years, underscoring the depth of the recession.
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| Dow keeps dropping (latest financial new...)
Stocks plunged Thursday morning, after a report showing U.S. jobless claims at a 16-year high gave investors a reason to extend the selloff.
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| Stocks ready for a drubbing (business and financi...)
U.S. stocks were poised to extend losses Thursday, as investors eye jobless claims at a 16-year high and as Saudi prince Alwaleed increases his stake in Citigroup.
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| Stocks prepare for a drubbing (latest financial new...)
U.S. stocks were poised to extend losses Thursday, as investors eye jobless claims at a 16-year high and as Saudi prince Alwaleed increases his stake in Citigroup.
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| Stocks prepare for a drubbing (latest financial new...)
U.S. stocks were poised to extend losses Thursday, as investors eye jobless claims at a 16-year high and Saudi prince Alwaleed increasing his stake in Citigroup.
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| Stocks ready for a drubbing (business and financi...)
U.S. stocks were poised to extend losses Thursday, as investors eye jobless claims at a 16-year high and Saudi prince Alwaleed increasing his stake in Citigroup.
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| Stocks point lower but come off worst levels (yahoo! news)
AP - U.S. investors remained cautious Thursday about the struggling economy but found some optimism following reports that a big investor in Citigroup Inc. plans to boost his stake in the company. Dow futures are down 35 after a 428-point drop yesterday.
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GM shares hit 70-year low as bailout hopes dim
29 minutes ago @ yahoo! news
Reuters - Shares of General Motors Corp tumbled more than 35 percent to hit a 70-year low on Thursday as prospects dimmed that lawmakers would reach a compromise on a proposed $25 billion bailout for ...
» Save this article » More news about GMAC
| GMAC files for bank holding status (yahoo! news)
GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the government's $700 billion bank rescue plan.
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| GMAC wants a bailout too (business and financi...)
GMAC Financial Services announced Thursday that it is seeking government assistance, trying to access the $700 billion set aside for banks that its parent General Motors has so far been denied.
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| GMAC seeks bailout (business and financi...)
GMAC Financial Services announced Thursday that it is seeking a capital infusion from the government and trying to access the $700 billion set aside for a bailout of banks that its parent General Motors has so far been denied.
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| GMAC seeks bailout (business and financi...)
GMAC Financial Services announced Thursday that it is seeking government assistance, trying to access the $700 billion set aside for banks that its parent General Motors has so far been denied.
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| Chrysler wants to revive merger talks with GM (yahoo! news)
AFP - Chrysler hopes to reboot merger talks with General Motors if Congress approves a 25-billion-dollar bailout for ailing US automakers, the Financial Times reported Thursday.
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U.S. Nov. Philly Fed above consensus -40.0
44 minutes ago @ marketwatch.com
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breakin...
» Save this article » More news about US
| U.S. jobless claims hit 16-year high (cbc)
The U.S. Labour Department said first-time jobless benefits claims surged to a seasonally adjusted 542,000 last week - the highest since July 1992.
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| Prospect for U.S. auto bailout dims as Senate races clock (cbc)
Chances have dimmed that a last-minute plan being crafted by Republican U.S. senators, with White House support, to provide $25 billion US to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
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| US, European stocks dive on recession fears (yahoo! news)
AFP - US and European stock markets dived Wednesday after dismal US economic data added to recession fears and automakers called for government bailouts to stave off collapse.
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| World stocks tumble on US deflation fears (yahoo! news)
AP - World stock markets slumped Wednesday amid concerns about sinking consumer prices in the U.S. and the shaky future of the Big Three U.S. automakers.
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| U.S. Fed turns grimmer in outlook (cbc)
The U.S. Federal Reserve slashed its outlook for the American economy, according to the minutes of the Reserve's last important meeting in late October which were released Wednesday.
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| Stocks fall further after Fed minutes (yahoo! news)
Reuters - Stocks fell further on Wednesday after the Federal Reserve slashed its growth forecasts through 2009 and minutes from the Fed's recent policy meeting showed officials believed more interest rate cuts may be needed as the economy falters.
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Oil hits 3-year lows; gas less than $2 half of US
44 minutes ago @ yahoo! news
AP - Oil prices have hit levels not seen in more than three years and retail gasoline prices are below $2 in nearly half of the country.
» Save this article » More news about US
| Oil prices fall to nearly 22-month low (business and financi...)
Oil prices fell to a nearly 22-month low Wednesday after a government report showed a bigger-than-expected rise in crude inventories, reinforcing concerns that demand for petroleum products is waning.
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| Oil prices at near 22-month low (latest stock market ...)
Oil prices fell to a nearly 22-month low Wednesday after a government report showed a bigger-than-expected rise in crude inventories, reinforcing concerns that demand for petroleum products is waning.
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| U.S. tries new tack on housing (business and financi...)
The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate.
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| Oil turns lower as supply grows (latest financial new...)
Oil prices pulled back Wednesday after a government report showed increased supplies of crude and gasoline, reinforcing concerns that demand for petroleum products was waning.
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| Housing starts at record low (business and financi...)
Housing starts and permits, both of them key measurements of home construction, hit record lows in October, the Commerce Department reported Wednesday.
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| World stocks tumble on US deflation fears (yahoo! news)
AP - World stock markets slumped Wednesday amid concerns about sinking consumer prices in the U.S. and the shaky future of the Big Three Detroit-based automakers.
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