Friday, May 23, 2008
Breaking News Fri., May 23, 2008
TEXAS TO APPEAL RULING ON POLYGAMIST SECT KIDS ACCORDING TO STATE
SUPREME COURT SPOKESMAN, THE AP REPORTS
China: Earthquake death toll tops 51,000
NEWS
China: Earthquake death toll tops 51,000
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China said the death toll from last week's powerful earthquake jumped to
more than 51,000, while the government appealed Thursday for millions of
tents to shelter homeless survivors.
No bodies found at Manson's last hideout
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Investigators and scientists went to Charles Manson's last hideout to
hunt for clandestine graves that could contain other possible victims.
The closest thing they found were animal bones.
Israel: Syria must cut militant ties
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Israel's foreign minister is calling on Syria to cut its ties with Arab
militant groups if it wants to reach peace with Israel.
MONEY
U.N.: Global rice prices may start falling
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International rice prices may start falling as a result of excellent
production prospects this year, a U.N. food agency said Thursday.
Commodities bubble brews?
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Commodities are the first growth industry of the 21st century. The
prices of energy, basic metals and foodstuffs have soared, and so, some
say, has speculation. This year alone, cocoa is up 40%, copper has
soared 24%, and corn has risen 33%. And the price charts for some
commodities are beginning to look suspiciously like the Nasdaq fever
line in 1999, just before the tech-laden stock index crashed in March
2000. And, as the economy continues to work through the more recent
crash in home prices, the question inevitably arises: Is there a
commodities bubble brewing?
Thursday, May 22, 2008
Breaking news: Polygamist sect custody decision overturned
SAN ANGELO, Texas (AP) - A state appellate court has ruled that child
welfare officials had no right to seize more than 400 children living at
a polygamist sect's ranch. The Third Court of Appeals in Austin did not
immediately order the return of the children.
News Alert! Appeals Court Rules In Favor Of Polygamist Sect
An appeals court rules Texas had no right to seize hundreds of children
from a polygamous sect.
NASA has high hopes for Mars probe
NEWS
China: Quake toll jumped to 80,000 dead, missing
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China said the toll of dead and missing from last week's powerful
earthquake jumped to more than 80,000, while the government appealed
Thursday for millions of tents to shelter homeless survivors.
Iraqi forces load up on U.S. arms
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Iraq is becoming one of the largest customers for U.S. arms, as the
country turns from Soviet-bloc weapons to pricier but more sophisticated
American weapons.
MONEY |
U.N.: Global rice prices may start falling
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International rice prices may start falling as a result of excellent
production prospects this year, a U.N. food agency said Thursday.
Oil climbs to record $135 a barrel on supply worries, weak dollar
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Oil prices hit a record above $135 a barrel and fell back slightly in
Asia on Thursday, with supply worries, rising global demand and a
slumping dollar keeping crude futures on an upward track.
Commodities bubble brews?
---------------------------------------------
Commodities are the first growth industry of the 21st century. The
prices of energy, basic metals and foodstuffs have soared, and so, some
say, has speculation.
TECH
Phoenix carries NASA's hopes for rocket landings on Mars
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It has been 32 years since the NASA landed a Mars probe using
retrorockets to decelerate without air bags to cushion its touchdown.
Have laptop, will breeze through security?
---------------------------------------------
The Transportation Security Administration is moving closer to easing
one of the biggest post-9/11 security hassles: making airline travelers
take laptops out of cases at airport checkpoints.
Wednesday, May 21, 2008
U.S. stocks hit as oil tops $132; investors await Fed minutes
U.S. stocks hit as oil tops $132; investors await Fed minutes
Stocks turn broadly lower on Wednesday, as oil prices surged past $132 a
barrel after data showed a drop in crude supplies, fueling concerns that
inflation will hurt U.S. consumption and the economy at large.
AMR's American to cut capacity further, adds new bag fee
American Airlines intends to slash its domestic capacity by a range of
11% to 12% in the fourth quarter, grounding aircraft and cutting back
its workforce, because of record fuel prices, economic concerns and
competition, the carrier's parent company AMR Corp. said Wednesday.
Futures Movers: Oil tops $132 as data show unexpected drop in U.S. crude
supply
Crude-oil futures climb past $132 a barrel to break another record level
on Wednesday after government data show crude supplies unexpectedly
dropped, marking their first decline in five weeks.
Borders jumps on report of possible bid from Barnes & Noble
Shares of bookstore operator Borders Group Inc. jump on a report that
its larger rival Barnes & Noble Inc. is studying a possible bid.
Media Report: NBC Universal exec says advertisers will demand more of
VOD
Cable-based on-demand viewing of television shows has significant
potential for a variety of reasons but won't work as a business model if
consumers are able to fast-forward past commercials, according to a
senior NBC Universal executive.
Sen. Kennedy fights for his life
NEWS
Obama crosses key threshold
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A split decision in the Oregon and Kentucky primaries Tuesday pushed
Barack Obama across an important threshold, giving him a majority of
elected delegates and bolstering his claim to the Democratic
presidential nomination.
China death toll hits 41,000; companies lose $4.3B
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The confirmed death toll from the earthquake that struck southern China
rose to 41,353, Cabinet spokesman Guo Weimin said Wednesday. Another
32,666 remained missing. The government has previously said the final
deaths will surpass 50,000.
Sen. Ted Kennedy fights for his life
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The news that the Massachusetts Democrat is battling a virulent form of
brain cancer prompted a bipartisan outpouring of grief and good wishes
for the man Senate Republican leader Mitch McConnell described as "one
of the most important figures ever to serve in this body in our
history."
MONEY
Honda to sell new gas-electric hybrid next year
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Honda will sell a new, improved and affordable gas-electric hybrid in
the U.S., Japan and Europe starting in early 2009, underlining the
Japanese automaker's commitment to "green" technology, the company
president said Wednesday.
'Wall Street Journal' gets new managing editor
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Rupert Murdoch's News Corp. named Robert Thomson managing editor of "The
Wall Street Journal" on Tuesday, following the resignation last month of
Marcus Brauchli after less than a year on the job.
Oil rises above $130 for the first time
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Crude oil prices are shooting further into record territory, breaking
above $130 a barrel for the first time on persistent supply concerns and
a weaker dollar.
Tuesday, May 20, 2008
Breaking News: Obama wins Oregon
Barack Obama has defeated Hillary Rodham Clinton in Oregon's Democratic
presidential primary. Earlier this evening, Clinton won in Kentucky.
Obama projected winner of Oregon Democratic primary - Networks
Obama projected winner of Oregon Democratic primary - Networks
5/20/2008 11:13:25 PM
Breaking News: Clinton wins Ky. primary
LOUISVILLE, Kentucky - Sen. Hillary Rodham Clinton has won the
Democratic presidential primary in Kentucky. Exit polls of voters show
Clinton performed strongly among whites.
Gov. Paterson released from hospital...
Gov. Paterson released from hospital...
Gov. Paterson has been released from the hospital, and is recovering at
home.
Breaking News: Doctors say Sen. Kennedy has brain tumor
BOSTON (AP) - Sen. Edward M. Kennedy say he has a malignant brain tumor.
Doctors for the Massachusetts Democrat say tests conducted after Kennedy
suffered a seizure this weekend show a tumor in his left parietal lobe.
His treatment will be decided after more tests but the usual course
includes combinations of radiation and chemotherapy.
Mortgage relief bill passes in Senate Banking Committee vote - 18 in favor, 2 opposed.
Mortgage relief bill passes in Senate Banking Committee vote - 18 in
favor, 2 opposed.
Debt-squeezed Gen X saves little
NEWS
TSA to test ID-only check of pilots
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The nation's 75,000 airline pilots could avoid being screened for
weapons before they board airplanes if a test starting shortly
succeeds.
Polls: Dems split dibs on Ky., Ore.
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Hillary Rodham Clinton warned that the Democratic race is not yet over,
while rival Barack Obama jumped ahead to a general-election fight with
Republican John McCain.
Half of states' schools face steep achievement requirements
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Pink slips for principals and teachers. School-funded tutoring for poor
kids. Schools are increasingly looking at those kind of consequences for
failing to raise math and reading scores.
MONEY
El Paso: Home sales future looks promising
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This year, El Paso has hit a snag in home sales. Most people aren't too
worried, though, about the downswing. In part, that's because, unlike
some other cities, El Paso enjoys a few distinct advantages.
Companies give start-ups billions in venture capital
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Looking past the economic downturn, big companies are charging back into
venture capital, seeking new technology and teaming with start-ups and
venture firms.
Debt-squeezed Gen X saves little
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For years, experts have warned that too many of the USA's 79 million
baby boomers aren't financially ready for their coming retirements. Yet,
if the boomers have had it hard, it's nothing compared with those next
in line.
Monday, May 19, 2008
New breed of Americans in need of food
NEWS
Bush wraps up Mideast trip with bit of thud, analysts say
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Israel got glowing praise from President Bush earlier this week. On
Sunday, the Arab world got a stern lecture, on the need to spread
freedoms and isolate state sponsors of terror that he said are holding
the region back.
New breed of American emerges in need of food
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Average enrollment in the food stamps program has surpassed the record
set in 1994, though the percentage of Americans on food stamps is still
lower than records set in 1993-95. The numbers continue to climb.
China suspends torch relay in national mourning
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The search for survivors in the rubble of China's powerful earthquake
grew bleak Sunday, with rescuers in some areas no longer listening for
trapped victims.
MONEY
Microsoft, Yahoo in talks on possible deal
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Two weeks after withdrawing a $47.5 billion offer to buy the Internet
icon, Microsoft said Sunday that it and Yahoo are discussing a
transaction but not an acquisition of all of Yahoo.
More people complain about debt collectors
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With more people falling behind on their consumer loan payments,
regulators and consumer advocates say they're seeing a surge in
aggressive - and sometimes questionable - debt-collection tactics.
