Saturday, August 11, 2007
Fourth suspect named in Newark shootings
Fourth suspect named in Newark shootings
An arrest warrant has been issued for a fourth suspect wanted in
connection with last weekend's execution-style killings that left three
Newark college students dead and a fourth seriously injured, authorities
said Saturday morning. Rodolfo Godinez, 24, also known as Rodolfo Gomez,
a Nicaraguan national whose last known addresses were in the Ivy Hill
section of Newark is being sought by authorities.
Markets Friday, 08/10/2007
| Dow : 13239.54 down 31.14
| S & P : 1453.64 up 0.55 |
| NASDAQ: 2544.89 down 11.60
| Bond (10Y): 4.80%, 99.53 |
--------------------
MARKETS:
Wall Street is down, but not out Major gauges cut losses, but still end
in the red for day 2 as investors weigh Fed's $38 billion infusion into
the banking system. Worries remain about tightening credit, subprime
mortgage market fallout.
Friday, August 10, 2007
The Dow caps off another hectic day a hair lower as investors are reassured by the Fed's $38 billion cash infusion.
The Dow caps off another hectic day a hair lower as investors are
reassured by the Fed's $38 billion cash infusion.
Fed Moves To Calm Wall Street Jitters
August 10, 2007
Fed Moves To Calm Wall Street Jitters
The Federal Reserve, trying to calm turmoil on Wall Street, said it will
provide liquidity to help bolster U.S. financial markets. But the move
didn't appear to ease investors' worries, with the markets dropping
sharply again in early trading.
Forums:
Dow industrials extend losses, down around 200 points, as credit concerns roil Wall St.
Dow industrials extend losses, down around 200 points, as credit
concerns roil Wall St.
Fed says it will pump cash into markets as needed
Before U.S. stock markets opened Friday, the U.S. Federal Reserve tried
to reassure investors that the central bank would pump extra money into
the U.S. financial system to make sure the credit crunch doesn't
worsen.
No Sign Of Miners As Drill Reaches Target
August 10, 2007
No Sign Of Miners As Drill Reaches Target
Rescuers finally broke through into the cavity where authorities believe
six Utah miners are trapped, but found no audible evidence of survivors.
However, rescuers cautioned their work isn't done and that air quality
in the mine could sustain life.
August 10, 2007
No Sign Of Miners As Drill Reaches Target
Rescuers finally broke through into the cavity where authorities believe
six Utah miners are trapped, but found no audible evidence of survivors.
However, rescuers cautioned their work isn't done and that air quality
in the mine could sustain life.
U.S. copter forced down in Baghdad
NEWS
3 plead innocent in London's 7/7 bombing
---------------------------------------------
Three men accused of conspiring with suicide bombers who killed 52
commuters
on the London transport system in 2005 pleaded not guilty during a
court
hearing Friday. On July 7, 2005, 52 commuters and four bombers and died
in the
attacks when bombs carried in knapsacks exploded on three subway trains
and a
double-decker bus.
U.S. copter forced down in Baghdad
---------------------------------------------
A car bomb struck a market in a Kurdish area in the northern city of
Kirkuk on Friday, killing at least eight people and wounding dozens,
police said. South of Baghdad, the U.S. military said a helicopter was
forced down, leaving two soldiers injured.
Drill reaches silent mine void, but air quality 'very, very good'
---------------------------------------------
The frenetic effort to drill into the presumed location of six workers
trapped in a collapsed mine yielded no audible evidence of survivors
early Friday. But rescuers cautioned their work isn't done and that air
quality in the mine
could sustain life.
MONEY
Asian stocks plunge on global credit fears
---------------------------------------------
Asian stocks plunged Friday as fallout spread from global market turmoil
set off by concerns about credit weakness in the U.S. The Bank of Japan
joined its U.S. and European counterparts in pouring cash into money
markets to calm growing jitters.
Thursday, August 09, 2007
U.S. stocks dive deeper, Dow closes with 387 point loss
DJIA
13,270
-387.18
S&P
1,453
-44.40
NASDAQ
2,556
-56.49
| Bond (10Y): 4.77%, 99.81
----
-0.072
MARKETS:
Dow sees 2nd worst day of '07
Credit fears send stocks tumbling, with the industrials posting its
biggest one-day point loss since February; bond prices surge in
'flight-to-quality' move.
U.S. stocks dive deeper, Dow closes with 387 point loss
NEW YORK
U.S. stock losses accelerated Thursday, socking the Dow with its second
worst close so far this year, as reports of liquidating hedge funds
triggered more credit-related anxiety that sparked three central banks
to attempt an intervention.
Bad loans pile up as another $43 billion in deals delayed
SAN FRANCISCO
In the past two weeks, another 13 corporate loan or bond deals have been
postponed or reduced, representing slightly less than $43 billion,
according to new research released Thursday by Baring Asset Management.
Portfolio liquidation triggers turmoil among hedge funds
SAN FRANCISCO
The liquidation of a big hedge fund or investment-bank trading portfolio
is wreaking havoc in some parts of the hedge-fund business, according to
managers and investors.
BNP suspends fund valuations amid credit-market turmoil
LONDON
BNP Paribas, one of the largest banks in France, said Thursday that it
will stop valuing three of its funds and is suspending investor
withdrawals after U.S. subprime-mortgage woes led to the "complete
evaporation of liquidity," the latest sign of housing market troubles in
the world's biggest economy rippling across the globe.
Dow Jones industrial average tumbles more than 300 points minutes before the close of trading on heightened credit fears.
Dow Jones industrial average tumbles more than 300 points minutes before
the close of trading on heightened credit fears.
Suspect in Newark shootings surrenders to police
Suspect in Newark shootings surrenders to police
Eyewitness News has learned that Jose Carranza, wanted in the
execution-style murders of three students and the wounding of another in
Newark, is turning himself in to authorities.
Forums:
中國兒童學習負擔沉重是否是家長"望子成龍心切"的結果？這種教育方式是否會偃苗助長？More...go
to
http://www.bloglines.com/blog/johnDispatch
Teen Arrested In Newark Execution Slay
August 9, 2007
Teen Arrested In Newark Execution Slay
Police arrested a 15-year-old boy in the killings of three college
students in a schoolyard, shootings considered jarring even in a city
used to violence, a law enforcement official said. Authorities have said
robbery appeared to be the motive.
Shiite holy day draws tens of thousands
NEWS
Shiite holy day draws tens of thousands
---------------------------------------------
Tens of thousands of Shiite pilgrims converged on a golden-domed shrine
in northern Baghdad, some beating their heads and chests with their
hands and
others dancing in a circle to honor an eighth century saint known for
his ability to hide his anger.
U.S.: 6-party talks still needed on N. Korea
---------------------------------------------
South Korea claimed Thursday that a summit this month with North Korea
would help rid the communist nation of nuclear weapons, but the U.S.
maintained that six-nation talks were the prime forum for resolving the
arms standoff.
Lifelines could reach miners by Friday
---------------------------------------------
Barring mechanical breakdown, rescue teams hope to drill two lifelines
by Friday to six coal miners trapped deep inside a central Utah
mountain, the
mine's operator said Wednesday.
MONEY
Importer recalls 255,000 Chinese-made tires
---------------------------------------------
A tire importer said Thursday it would recall 255,000 Chinese-made tires
it claims were defective because they lack a safety feature that
prevents tread separation.
Blockbuster buying movie download site
---------------------------------------------
Although Blockbuster's Total Access program has been adding subscribers
faster than Netflix Inc.'s DVD rental service, Netflix was able to tout
that only it offered the ability to instantly download movies and TV
shows to a computer. Not for long.
Breaking News Thu., August 9, 2007
STOCK PLUNGE MORE THAN 200 POINTS AT OPENING BELL AFTER BAD NEWS ABOUT
SUB PRIME MORTGAGES
Recall Alert: 255,000 Tires Recalled...
Recall Alert: 255,000 Tires Recalled...
A tire importer said Thursday it would recall 255,000 Chinese-made tires
it claims were defective because they lack a safety feature that
prevents tread separation.
Wednesday, August 08, 2007
Breaking News: Endeavour launched
CAPE CANAVERAL, Fla. - Space shuttle Endeavour blasted off Wednesday
carrying teacher-astronaut Barbara Morgan, who after more than two
decades is finally carrying out the dream of Christa McAuliffe and the
rest of the fallen Challenger crew. Endeavour and its crew of seven rose
from the seaside pad at 6:36 p.m.
Heavy Rains Wallop NYC, Cripple Transit
August 8, 2007
Heavy Rains Wallop NYC, Cripple Transit
Fast-moving rainstorms flooded New York City subways and rail lines,
stranding commuters for hours and delaying flights at New York's
airports. The thunderstorms prompted tornado and flash flood warnings
before giving way to a hot, humid day.
Heavy Rains Wallop NYC, Cripple Transit
August 8, 2007
Heavy Rains Wallop NYC, Cripple Transit
Fast-moving rainstorms flooded New York City subways and rail lines,
stranding commuters for hours and delaying flights at New York's
airports. The thunderstorms prompted tornado and flash flood warnings
before giving way to a hot, humid day.
Breaking News: Massive earthquake hits Indonesian capital
JAKARTA, Indonesia (AP) - A powerful earthquake under the Java Sea shook
Indonesia's capital early Thursday, violently shaking tall buildings and
panicking residents. The U.S. Geological Survey said the quake had a
preliminary magnitude of 7.4
and was centered about 66 miles east of Jakarta at a depth of 180
miles.
Iraqi PM al-Maliki arrives in Iran
NEWS
Iraqi PM al-Maliki arrives in Iran
---------------------------------------------
Iraqi Prime Minister Nouri al-Maliki arrived in Iran on Wednesday for
talks expected to focus on bilateral relations and improving the
security situation
in his wartorn nation.
Korean leaders to hold second-ever summit
---------------------------------------------
The leaders of North and South Korea, capitalizing on progress in
shutting down the North's nuclear program, plan to meet later this month
for the second-ever summit between the longtime foes, officials said
Wednesday. North Korean leader Kim Jong Il will host South Korean
President Roh Moo-hyun from Aug. 28-30 in Pyongyang, North Korea's
capital, South Korean presidential security adviser Baek Jong-chun told
reporters.
Heat alerts issued in South, Midwest
---------------------------------------------
Punishing hot and humid weather blanketed wide swaths of the nation
Tuesday, a pattern expected to continue through the weekend in parts of
the South and Midwest.
MONEY
Mattel identifies Chinese vendor behind recalled toys
---------------------------------------------
Mattel on Tuesday identified the Chinese vendor that made nearly 1
million Fisher-Price toys that were recalled last week because they may
contain lead.
Tuesday, August 07, 2007
Breaking News: Search for Utah miners halted
HUNTINGTON, Utah - Seismic activity has "totally shut down" efforts to
reach
six miners trapped below ground and wiped out all the work done in the
past
day, a mine executive said Tuesday. Unstable conditions below ground
have
thwarted rescuers' efforts to break through to the miners, who have
been
trapped 1,500 feet below the surface for nearly two days, said Robert
E.
Murray, chairman of Murray Energy Corp., owner of the Crandall Canyon
mine. It
will take a week to reach them that way, Murray said.
Breaking News Tue., August 7, 2007
STAYING THE COURSE: FED LEAVES INTEREST RATES UNCHANGED AT 5.25%,
WORRIES ABOUT INFLATION TRUMP TURMOIL IN FINANCIAL MARKETS
Awful discovery at NYU
Awful discovery at NYU
The daughter of two NYU professors was found murdered in her mother's
university apartment and now police want to question the girl's
boyfriend.
Miners' families wait as initial rescue efforts fail in Utah
NEWS
4 more U.S. soldiers killed; 5 more Iraqi ministers boycott government
---------------------------------------------
Four more U.S. soldiers were killed in roadside bombings in the Baghdad
area, including three in a single strike, the military said Tuesday,
raising to at least 19 the number of troop deaths in the first week of
August.
Britain confirms foot-and-mouth in 2nd herd
---------------------------------------------
Environment Secretary Hilary Benn said Tuesday tests had confirmed a
second foot-and-mouth outbreak in southern England as he awaited an
initial report into biosecurity at a vaccine laboratory suspected of
being at the center of
the cases.
Miners' families wait as initial rescue efforts fail in Utah
---------------------------------------------
Rescue crews were drilling into solid coal and hammering through
concrete
walls Monday to get to six miners in a Utah mine that collapsed and
trapped
the men 1,500 feet below ground.
Rescuers Rush To Find Trapped Utah Miners
August 7, 2007
Rescuers Rush To Find Trapped Utah Miners
Teams of rescuers frantically cleared debris from underground tunnels,
trying to reach six coal miners trapped by a cave-in beneath more than
1,500 feet of solid rock. No contact has been made with the miners and
their condition remains unknown.
Monday, August 06, 2007
Traffic snarls loom as recovery effort continues in Minn.
Police: Truck bomb kills 28 in Iraq
---------------------------------------------
A suicide bomber slammed his truck into a densely populated residential
area
in the northern Iraqi city of Tal Afar on Monday, killing at least 28
people,
including 19 children, local authorities said.
Hope fades in Minneapolis
---------------------------------------------
Across the Twin Cities, in Spanish, Greek and English, the prayers rose
up
Sunday.
Ironing out policies on school uniforms
---------------------------------------------
As the new school year approaches, more schools are requiring students
to wear
uniforms or otherwise restricting what they may wear and parents are
objecting.
MONEY
Ex-Home Depot chief Nardelli to head Chrysler
---------------------------------------------
Chrysler's new private owners have picked former Home Depot boss Bob
Nardelli
to head the No. 3 U.S. automaker in its effort to return to financial
health,
a person close to the process said Sunday.
August 6, 2007
4 "Good Kids" Shot Execution-Stye
Three college students from Newark, N.J., were lined up against a
schoolyard wall and gunned down at close range. All were slain. The
fourth friend was found nearby with gunshot and stab wounds. She was
listed in fair condition.
Breaking News Mon., August 6, 2007
Breaking News
A COAL MINE IN CENTRAL UTAH COLLAPSED AFTER A 4.0 MAGNITUDE EARTHQUAKE,
TRAPPING SIX MINERS, THE AP REPORTS
Sunday, August 05, 2007
House OKs Bush Eavesdropping Bill
August 5, 2007
House OKs Bush Eavesdropping Bill
The House has handed President Bush a victory, voting to expand the
government's abilities to eavesdrop without warrants on foreign suspects
whose communications pass through the U.S. Mr. Bush asked Congress to
stay in session until it was passed.
