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Bush administration still working on $700B rescue (AP)

President Bush gestures while speaking during the rededication ceremony of the Intrepid Sea, Air and Space Museum  in New York, Tuesday, Nov. 11, 2008.  (AP Photo/Gerald Herbert)AP - At a time when most administrations are getting ready to turn out the lights, the Bush administration is still struggling to get the biggest government rescue in history up and running.


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Gov't to announce new loan aid effort (AP)

AP - The government and the mortgage industry are set to announce the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac.   See Details

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Analysis: Bush handing over power to Obama with grace (AP)

President Bush walks with President-elect Obama down the Colonnade to the Oval Office of the White House in Washington, Monday, Nov. 10, 2008.  (AP Photo/Gerald Herbert)AP - No matter how people remember President Bush's time in office, let there be no doubt about how he wants to end it: gracefully.


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Even as winds calm, more Californians flee fires (AP)

A water-dropping helicopter soars over the setting sun as smoke from a wildfire creates an orange glow in the sky in Diamond Bar, Calif., Sunday, Nov. 16, 2008.(AP Photo/Marcio Jose Sanchez)AP - More residents of Southern California were urged to leave their homes Sunday despite calming winds that allowed a major aerial attack on wildfires that have destroyed hundreds of homes and blanketed the region in smoke.


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Pelosi supports new help for ailing US automakers (AP)

House Speaker Nancy Pelosi, seen here on November 05, 2008, said in an interview published in the Friday Wall Street Journal, that a new stimulus package to boost the lagging US economy should come in two parts.(AFP/Getty Images/File/Brendan Smialowski)AP - House Speaker Nancy Pelosi wants Congress to support a financial bailout for the troubled U.S. auto industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy.


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Jobless claims surge while trade deficit narrows (AP)

Professional recruiter John Kasyanenko, right, of Express Employment Professionals gives his business card to a woman seeking a work at a job fair sponsored by Monster.com in New York, Wednesday, Nov. 12, 2008. The number of newly laid-off individuals seeking unemployment benefits has jumped to a seven-year high, the government said Thursday, Nov. 13, 2008. (AP Photo/Kathy Willens)AP - Applications for unemployment benefits soared to the highest level since just after the Sept. 11, 2001, terrorist attacks while the trade deficit shrank more than expected as demand for imports plunged, further evidence of the struggling U.S. economy.


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Dems delay auto bailout vote, seek plan from Big 3 (AP)

House Speaker Nancy Pelosi of Calif, second from left, gestures during a news conference on Capitol Hill in Washington, Thursday, Nov. 20, 2008, to discuss the auto industry bailout. From left are, House Majority Whip James Clyburn of S.C., Pelosi, Sen. Charles Schumer, D-N.Y., Sen. Christopher Dodd, D-Conn., and Senate Majority Leader Harry Reid of Nev. . (AP Photo/Gerald Herbert)AP - The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry.


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Congress extends jobless benefits, stocks sink (AP)

A trader works on the floor of the New York Stock Exchange, November 20, 2008. (Shannon Stapleton/Reuters)AP - Jarred by new jobless alarms, Congress raced to approve legislation Thursday to keep unemployment checks flowing through the December holidays and into the new year for a million or more laid-off Americans whose benefits are running out.


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Foreclosure rates up 25 percent year-over-year (AP)

AP - The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed.   See Details

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Gates more likely to remain Secretary of Defense under Obama (AP)

Defense Secretary Robert Gates, right, and Joint Chiefs Vice Chairman Gen. James Cartwright arrives on Capitol Hill in Washington, Wednesday, Nov. 19, 2008, for a closed session meeting with Senate Foreign Affairs Committee members regarding the new Iraq security pact. (AP Photo/Gerald Herbert)AP - What Robert Gates once called "inconceivable to me" — his remaining as defense secretary beyond Inauguration Day — is looking a bit more conceivable to the rest of Washington.


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Consumers cut back sharply on spending (AP)

Madeline Florianczyk shops at Wal-Mart in Clarence, N.Y., Thursday, Nov. 13, 2008. Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar. (AP Photo/David Duprey)AP - Consumers, taking a beating from the worst financial crisis in seven decades, cut back sharply on their spending in October, pushing retail sales down by a record amount.


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Economic group says developed world in recession (AP)

Shoppers rush through Herald Square in New York, Wednesday, Nov. 12, 2008. Seismic changes in how people shop and what they're buying is creating an unprecedented crisis for the nation's retailers and could mean the difference between a short and shallow recession and a much longer, much more painful one.  (AP Photo/Kathy Willens)AP - The world's developed economies, hard hit by the financial crisis, have slid into recession and will shrink further in 2009, a top international organization said Thursday.


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Obama to use executive orders for immediate impact (AP)

Members of the Secret Service accompany President-elect Obama, center, to his vehicle as leaves the gym following his workout Sunday, Nov. 9, 2008, in Chicago. (AP Photo/Pablo Martinez Monsivais)AP - President-elect Obama plans to use his executive powers to make an immediate impact when he takes office, perhaps reversing Bush administration policies on stem cell research and domestic drilling for oil and natural gas.


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Moment of truth for Shiite party over pact (AP)

Arab League envoy to Iraq, Hani Khalaf, speaks to the media after he met with the country's most influential Shiite spiritual leader, Grand Ayatollah Ali al-Sistani,in Saturday, Nov. 8, 2008, in the Shiite holy city of Najaf, Iraq. (AP Photo/Alaa al-Marjani)AP - The fate of an agreement that would keep U.S. troops here for three more years rests with Iraq's largest Shiite party, which must choose between its two main partners: the United States and Iran.


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2 roadside bombs kill 3, wound 14 in Baghdad (AP)

An Iraqi policeman sifts through newspapers and debris after a roadside bomb attack struck a line of newspaper vendors waiting nearby to collect papers to supply neighborhood newsstands in Baghdad, Iraq on Tuesday, Nov. 11, 2008. A pair of roadside bombs exploded in quick succession during the morning rush hour in east Baghdad on Tuesday, killing three people and wounding 14 others, police and hospital officials said.(AP Photo/Hadi Mizban)AP - A pair of roadside bombs exploded in quick succession during the morning rush hour in east Baghdad on Tuesday, killing three people and wounding 14 others, police and hospital officials said.


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NOL to cut 1,000 jobs as it faces showdown

Neptune Orient Lines warned of a 'severe and prolonged downturn in global container shipping', as south-east Asia's biggest cargo transport group announced it would cut 9 per cent of its labour force   See Details

0 Comments & Orders -0.01 10000 1 2008-12-20 10 FT.com - Transport FT.com - Transport Hits: 1

Staffers weep as Ted Stevens gives last Senate speech (AP)

This video image provided by the Senate shows Sen. Ted Stevens. R-Alaska speaking of the floor of the Senate in Washington, Thursday,Nov. 20, 2008. (AP Photo/Senate)AP - "Uncle Ted" Stevens, an old-style Senate giant and the chamber's longest-serving Republican, delivered his swan song address and yielded the floor for the final time Thursday. He was saluted by his colleagues as a staunch friend and teacher.


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Foul play not suspected after teen's body found in Ontario

A body found northeast of Barrie, Ont., on Wednesday is believed to be that of 15-year-old Brandon Crisp, who disappeared from his home last month after a dispute with his parents over a video game, police said.   See Details

0 Comments & Orders -0.01 10000 1 2008-12-06 10 FOR PERSONAL USE ONLY CBC | Technology & Science News Hits: 3

Car bomb hits Afghan gov't office, killing 3 (AP)

Map locates Kandahar, Afghanistan, where a car bomb rocked government office; 1c x 1 5/8 inches; 46.5 mm x 41.3 mmAP - A car bomb explosion ripped through an Afghan government office during a provincial council meeting Wednesday in this former Taliban stronghold, killing at least three people and wounding 28, officials said.


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BBC slashes spending amid fears of funding crisis

The broadcaster told staff that it must make even greater cuts to spending, including its corporate hospitality budget, as the crash in property prices threatens a crisis in its funding.   See Details

0 Comments & Orders -0.01 10000 1 2008-12-14 10 FT.com - Media FT.com - Media Hits: 3
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