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 Feed24: Newsflash |
| | Obama taps Clinton, Gates for US new dawn abroad 17 minutes ago @ yahoo! news AP - Barack Obama promised a new dawn of American leadership in a troubled world Monday, announcing a strong-willed national security team headed by Hillary Rodham Clinton, who fought him long and b... » Save this article » More news about Gates
| Obama names Clinton, Gates to lead foreign policy (yahoo! news) Reuters - President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.
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| Obama picks Gates, Clinton for foreign policy team (yahoo! news) AP - Barack Obama announced a national security team Monday headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush — striking choices by a president-elect who declared he wanted "strong personalities and strong opinions."
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| Obama names Clinton, Gates to lead foreign policy (reuters) President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.
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| Obama announces Clinton, Gates for Cabinet (yahoo! news) AP - Barack Obama announced a national security team Monday headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush — striking choices by a president-elect who declared he wanted "strong personalities and strong opinions."
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| Hawkish Obama names Clinton as top diplomat (yahoo! news) AFP - Barack Obama on Monday nominated Hillary Clinton to be his "tough," "smart" secretary of state as his former foe vowed to give her all to steer America through a storm of international crises.
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| House to push $500 billion stimulus bill (yahoo! news) Reuters - U.S. House of Representatives Speaker Nancy Pelosi met leading governors on Monday to discuss the size and shape of an economic stimulus package that one Democratic aide said was likely to cost around $500 billion.
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Mumbai attack puts focus on Pakistan 16 minutes ago @ msnbc.com The militant group blamed for the Mumbai attacks has roots in the disputed Kashmir region where Pakistan"s military has faced off against India for decades. » Save this article » More news about India
| Clinton's India ties may complicate Obama policy (yahoo! news) AP - The close ties with India that Secretary of State-nominee Hillary Rodham Clinton forged during her years as a U.S. senator and presidential candidate could complicate diplomatic perceptions of her ability to serve as a neutral broker between India and its nuclear neighbor, Pakistan.
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| Bergen: How U.S. should respond on Mumbai (cnn.com) A captured suspect in the Mumbai attacks has told police that he is Pakistani, Indian officials say. CNN's sister station, CNN-IBN, reports that the alleged terrorist said he was trained by Lashkar-e-Tayyiba, a Pakistan-based terror group that opposes India over the disputed Kashmir region.
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| India demands Pakistan act decisively on Mumbai attack (yahoo! news) Reuters - India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension.
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| India demands strong action from Pakistan (yahoo! news) AP - India demanded Monday that Pakistan take "strong action" against those behind the deadly Mumbai attacks, and Washington pressured Islamabad to cooperate with the investigation.
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| India demands 'strong action' from Pakistan (yahoo! news) AP - India demanded Pakistan take "strong action" against those behind the 60-hour siege that left at least 172 people dead, as new details emerged Monday about the gunmen and the survival training that enabled them to thwart Indian commandos.
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Dow plunges on news recession began in Dec. 2007 1 hour(s) ago @ yahoo! news AP - Most Americans sorely knew it already, but now it"s official: The country is in a recession, and it"s getting worse. Wall Street convulsed at the news — and a fresh batch of bad economi... » Save this article » More news about Dow
| Dow drops nearly 680 on consumer spending worries (yahoo! news) AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.
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| Dow closes nearly 700 points down (yahoo! news) AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.
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| Stocks slide as economy, Bernanke raise fears (reuters) Stocks tumbled on Monday as news pointing to the deepening economic slump around the world erased much of last week's sharp gains, with financial services companies and retailers among Wall Street's biggest casualties.
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| Dow loses 679.95 as economy, Bernanke revive fear (yahoo! news) Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week's sharp gains, with banks and retailers among Wall Street's biggest casualties.
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| Dow plummets nearly 8 percent (msnbc.com) The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging, hurtling the Dow down nearly 700 points.
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| Dow plunges about 679 on consumer spending worries (yahoo! news) AP - A litany of bad economic news has snuffed out Wall Street's five-day rally, sending stocks falling sharply as investors realized anew how troubled the U.S. economy really is. Confirmation that the nation is in a recession followed reports of only a modest gain in holiday shopping sales, and that prompted investors to begin unloading stocks. Downbeat data on manufacturing and construction spending added to the market's gloom.
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| Dow closes down more than 600 points (yahoo! news) AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.
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| Dow closes nearly 700 points down (yahoo! news) AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.
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| Dow closes down more than 600 points (yahoo! news) AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 600 points and erasing a huge chunk of last week's big gains. All the major indexes fell more than 7 percent.
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U.S. in recession, Europe backs spending hikes 2 hour(s) ago @ yahoo! news Reuters - The U.S. economy has been in a recession for a year, the nation"s business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a ... » Save this article » More news about US
| It's official: U.S. has been in recession since Dec. '07 (yahoo! news) AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER — a private, nonprofit research organization — said its group of academic economists who determine business cycles met and decided that the U.S. recession began last December.
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| U.S. in recession as Europe debates spending hikes (yahoo! news) Reuters - The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.
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| U.S. in recession as Europe debates spending hikes (reuters) The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.
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| Slump hits world industry (yahoo! news) Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.
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| Slump hits world industry (reuters) European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.
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| Economic slump hits world industry (yahoo! news) Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.
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| Global recession rocks Asian and European industry (yahoo! news) Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and U.S. retailers slashed prices to lure shoppers as recession took a grip.
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Bush uses final 50 days in office to tout legacy 2 hour(s) ago @ yahoo! news AP - President George W. Bush says history will judge him, but he is getting his own crack first. Bush is using his final 50 days in office to tout his legacy, hoping to leave a lasting impression of ... » Save this article » More news about Mumbai
| Bush calls flawed Iraq intelligence biggest regret (yahoo! news) Reuters - President George W. Bush said the biggest regret of his presidency was flawed intelligence that Iraq had weapons of mass destruction and told ABC "World News" in an interview airing on Monday that he was unprepared for war when he took office.
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| Bush calls flawed Iraq intelligence biggest regret (reuters) President George W. Bush said the biggest regret of his presidency was flawed intelligence that Iraq had weapons of mass destruction and told ABC "World News" in an interview airing on Monday that he was unprepared for war when he took office.
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| Mumbai celebrated at film awards (bbc news) The director of a new movie set in India pays tribute to Mumbai as his film wins top prize at the British Independent Film Awards.
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| Militants could bring on regional war: Zardari (reuters) Pakistan President Asif Ali Zardari has appealed to India not to punish his country for last week's attacks in Mumbai, saying militants have the power to precipitate a war in the region, the Financial Times reported on Monday.
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| More heads roll as India anger mounts (reuters) Another top Indian politician offered to resign on Monday over the Mumbai attacks, which have upset relations with nuclear-rival Pakistan and undermined the government ahead of general elections due by May.
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| In minutes, Mumbai was under siege (msnbc.com) Retracing the steps of the Mumbai attackers offers clues as to how a posse of just 10 gunmen brought India's largest city to its knees in a matter of minutes.
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| Militants could start regional war, says Zardari (yahoo! news) Pakistan President Asif Ali Zardari has appealed to India not to punish his country for last week's attacks in Mumbai, saying militants have the power to precipitate a war in the region, the Financial Times reported on Monday.
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| India says all Mumbai attackers from Pakistan (yahoo! news) AFP - The Mumbai attackers were all from Pakistan, India's deputy interior minister said on Monday, stopping short of blaming the government in Islamabad for last week's carnage which left more than 170 dead.
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| India claims Mumbai gunman tied to Pakistani group (yahoo! news) AP - The only gunman captured after the 60-hour terrorist siege of Mumbai said he belonged to a Pakistani militant group with links to the disputed Himalayan region of Kashmir, a senior police officer said.
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 Feed24: Sport |
| | Struggling Patriots focus on immediate future 16 minutes ago @ yahoo! news New England Patriots players are spending little time thinking about next year"s game in London that was announced Monday. They"re more concerned with the long trip they"ll make in the ... » Save this article » More news about Patriots
| Patriots set for Wembley (bbc sport) New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.
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| Pats to battle Bucs in London in 2009 (foxsports.com) The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.The game will be played Oct. 25. The Bucs will be listed as the home team, giving up a game in Tampa."Over the past two years, we have seen first-hand the excitement that exists for our sport in the UK," NFL commissioner Roger Goodell said Monday in a statement.
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| Pats to play Bucs in London in 2009 (yahoo! news) The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.
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| Patriots set for Wembley fixture (bbc sport) New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.
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Armstrong confirms Tour de France comeback 2 hour(s) ago @ abc sport Seven-time Tour de France winner Lance Armstrong has confirmed he will return to the prestigious cycling race next year. » Save this article » More news about AP
| Armstrong opts to ride 2009 Tour (bbc sport) Lance Armstrong will attempt to win the Tour de France for an eighth time as the American cyclist confirms he will ride in the 2009 race.
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| Lance will ride in 2009 Tour de France (foxsports.com) Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year."I'm committed to riding for the best guy," Armstrong said Monday, acknowledging the taxing schedule could leave him riding in a supporting role in France. Armstrong's Astana team includes 2007 Tour winner Alberto Contador and is loaded with other talented riders.
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Police investigating NYC hospital that treated Giants Burress 3 hour(s) ago @ yahoo! news AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated ove... » Save this article » More news about Burress
| Plax hit with weapon charge; Pierce under scrutiny (foxsports.com) Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.
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| Police investigating hospital in Burress shooting (yahoo! news) AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.
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| Giants' Burress turns himself in to police (yahoo! news) AP - Plaxico Burress planned to plead not guilty to a weapon possession charge at a court appearance Monday, two days after accidentally shooting himself in the right thigh at a Manhattan nightclub.
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| Police investigating hospital in Burress shooting (yahoo! news) AP - Authorities investigating Plaxico Burress' accidental shooting say they are looking into what roles his teammate Antonio Pierce and the hospital that treated Burress played in the incident.
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| Burress arrives at station to turn himself in (foxsports.com) Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.
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| Giants WR Burress turns himself in to police (yahoo! news) AP - Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.
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| Giants' Burress turns himself in to police (yahoo! news) AP - Plaxico Burress arrived at a police station early Monday morning, where he was expected to be charged after accidentally shooting himself in the right thigh.
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Cleveland quarterback Anderson ruled out for season 46 minutes ago @ yahoo! news Reuters - Cleveland Browns quarterback Derek Anderson has been ruled out for the rest of the season after suffering a knee ligament injury in Sunday"s defeat by the Indianapolis Colts. » Save this article » More news about Anderson
| Torn MCL to sideline Anderson for season (foxsports.com) Cleveland Browns quarterback Derek Anderson is out for the rest of the season after tearing a knee ligament in Sunday's game against Indianapolis.An MRI revealed Anderson tore the medial collateral ligament in his left knee when he was sacked in the final minutes of Cleveland's 10-6 loss. Anderson, making his first start since Nov. 2 after being benched for Brady Quinn, will not need surgery. He will be placed in a brace and will need four to six weeks to recover.
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Clemson: Swinney to Head Football Team 2 hour(s) ago @ abc news Clemson takes interim tag off Swinney with 5-year deal to lead football program » Save this article » More news about Swinney
| Report: Swinney to stay on as Clemson coach (foxsports.com) A Clemson University official close to the school's football program says interim coach Dabo Swinney will become the Tigers' permanent coach.The official spoke on condition of anonymity Monday morning because an official announcement has yet to be made.Athletic director Terry Don Phillips was expected to introduce Swinney as head coach later Monday.Swinney took over as interim coach Oct. 13 when Tommy Bowden resigned.
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 Feed24: Entertainment |
| | Sandra Oh 1695 hour(s) ago @ hollywood.com entert... Sandra Oh. Photos of your favorite actors and actresses. » Save this article » More news about Sandra
Jim Byrnes 1695 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 1695 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 1695 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 1695 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 |
| | Britney more popular than Obama 1 hour(s) ago @ bbc news The singer, Britney Spears, has beaten Barack Obama to top spot in the world of internet search during 2008, Yahoo says. » Save this article » More news about Yahoo
| Britney Spears, Obama lead Yahoo top searches (msnbc.com) Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo Inc reported on Monday.
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Fortunetelling big Internet business in Japan 6 hour(s) ago @ msnbc.com An Internet firm specializing in crystal balls, tarot readings, I-ching and horoscopes is raking in business as Japanese seek reassurance about the future in the midst of a global financial crisis. » Save this article » More news about Japan
| Fortune telling big Internet business in Japan (msnbc.com) An Internet firm specializing in crystal balls, tarot readings, I-ching and horoscopes is raking in business as Japanese seek reassurance about the future in the midst of a global financial crisis.
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| Fortune telling is big business for Japan Web firm (yahoo! news) Reuters - An Internet firm specializing in crystal balls, tarot readings, I-ching and horoscopes is raking in business as Japanese seek reassurance about the future in the midst of a global financial crisis.
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U.S. to press NATO for Georgia, Ukraine boost 46 minutes ago @ reuters The United States will urge NATO on Tuesday to encourage Georgia and Ukraine to join the military alliance after European nations derailed President George W. Bush"s bid to put them on the track ... » Save this article » More news about NATO
Chavez launches new bid for reelection 46 minutes ago @ reuters President Hugo Chavez launched a new campaign on Monday to change Venezuela"s constitution so he can stay in power for as long as he keeps winning elections, almost exactly a year after voters re... » Save this article » More news about Chavez
Dow loses 679.95 as economy, Bernanke revive fear 1 hour(s) ago @ reuters Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week"s sharp gains, with banks and retailers among Wall Street"s biggest casualties. » Save this article » More news about Bernanke
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 Feed24: Business & Economics |
| | Oil tumbles below $50 as recession called 1 hour(s) ago @ yahoo! news AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007 and the Dow Jones industrial averag... » Save this article » More news about $50
| Panel says US has been in recession since Dec. '07 (yahoo! news) AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER — a private, nonprofit research organization — said its group of academic economists who determine business cycles met and decided that the U.S. recession began last December.
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| Oil drops below $50 (latest stock market ...) Oil prices fell back below $50 a barrel Monday, to its lowest level in more than 3-1/2 years, after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.
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| Oil tumbles below $50 as recession is called (yahoo! news) AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007.
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| Oil tumbles below $50 as recession called (yahoo! news) AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007.
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| Oil drops below $50 (business and financi...) Oil prices fell back below $50 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.
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| Dollar mired in economic woes (latest financial new...) The dollar gained against the euro and the British pound Monday after a slew of dismal economic reports and official word that the U.S. economy has been in a recession since December 2007.
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Oil prices fall after Opec stalls 1 hour(s) ago @ bbc news Oil prices drop more than $5 a barrel after producers" group Opec declined to cut output at its weekend meeting. » Save this article » More news about Oil
| Oil drops after OPEC defers production cut (latest financial new...) Oil prices fell more than $4 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.
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| Oil drops after OPEC defers cuts (latest stock market ...) Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.
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| Oil drops, OPEC defers production cut (world business news) Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.
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| Oil falls below $51 as OPEC doesn't cut output (yahoo! news) AP - Oil prices fell over 6 percent Monday, to below $51 a barrel, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday and on more evidence the global economic slowdown will hurt demand for crude.
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| Oil drops after OPEC defers production cut (latest financial new...) Oil prices fell nearly $4 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.
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| Oil prices drop (business and financi...) Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.
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Its official: US has been in a recession all year 31 minutes ago @ yahoo! news AP - It"s official. The U.S. economy has been in a recession for the past year. » Save this article » More news about US
| AP IMPACT: They warned us, but US eased loan rules (yahoo! news) AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
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| U.S. economy under considerable stress, Bernanke says (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 breaking news.
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| U.S. dollar down 2.6% to 93.13 Japanese yen (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 breaking news.
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| U.S. recession began in December 2007, NBER says (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 breaking news.
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| China hopes talks with US boost coordination (yahoo! news) AP - The global financial crisis is overshadowing U.S.-Chinese trade tensions as Cabinet ministers from the two sides meet this week for talks on the long-range growth of one of the world's most important economic relationships.
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| Obama says U.S. stands with India after attacks (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 breaking news.
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| Clinton: Obama's election chance to renew U.S. standing (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 breaking news.
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Ford weighs selling Volvo amid industry downturn 1 hour(s) ago @ yahoo! news AP - Ford Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and weather a global automotive sales crisis. » Save this article » More news about Volvo
| Ford weighs selling Volvo amid industry downturn (yahoo! news) AP - Ford Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.
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| Ford weighs selling Volvo amid industry downturn (yahoo! news) AP - Ford Motor Co. is considering selling Volvo Car Corp. as the beleagured U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.
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| Ford says it may sell Volvo division (cbc) Ford Motor Company is considering selling Volvo Car Corporation to raise badly needed cash in the face of declining sales and an increasingly gloomy global economic outlook.
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Bernanke: Economic weakness to continue 2 hour(s) ago @ latest financial new... Federal Reserve Chairman Ben Bernanke said on Monday that the nation"s economic weakness will persist for some time, even if the government"s efforts to boost lending help restore the credit... » Save this article » More news about Bernanke
| Stocks slide as Bernanke confirms economic stress (yahoo! news) Reuters - Stocks tumbled on Monday as economic reports showing further evidence of the worsening global economic climate were backed up in comments from Federal Reserve Chairman Ben Bernanke.
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| Bernanke: lower interest rates are "feasible" (yahoo! news) AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.
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| Bernanke: Economic weakness to continue (latest financial new...) Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will continue for some time, even if the government's efforts to boost lending help restore the credit markets to normal.
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