Saturday, January 19, 2008
Breaking News: AP calls S.C. for McCain
The Associated Press has projected Sen. John McCain as the winner of the
Republican primary in South Carolina.
Earlier Saturday, Hillary Rodham Clinton and Mitt Romney won their party
caucuses in Nevada.
Hillary Clinton wins Nevada Democratic caucuses
Hillary Clinton wins Nevada caucuses
Sen. Hillary Rodham Clinton won the Nevada caucuses Saturday, powering
past Barack Obama in a race marred by last-minute charges of dirty
politics. Former Massachusetts Gov. Mitt Romney easily won the
Republican contest.
Breaking News: AP calls Nevada GOP caucus for Mitt Romney
The Associated Press reports Mitt Romney won Nevada's Republican
caucuses Saturday, while John McCain and Mike Huckabee dueled in the
South Carolina primary.
Friday, January 18, 2008
McCain No Longer A Maverick In S.C.
January 18, 2008
McCain No Longer A Maverick In S.C.
After months of campaigning as the insurgent - a role he relishes and
one that aided his comeback in New Hampshire - McCain now finds himself
as the closest thing to the state's establishment candidate, The
Politico reports.
Bond-insurer woes may trigger more write-downs, turmoil
Bond-insurer woes may trigger more write-downs, turmoil
Just when you thought it was over, trouble in the $2.3 trillion
bond-insurance business could trigger another wave of big write-downs
from banks and brokerage firms.
President Bush calls for 'rapid and direct' stimulus
President Bush urges "direct and rapid" tax relief for both U.S.
consumers and businesses, calling such a plan the country's "most
pressing economic priority."
GE: overseas demand for energy, power equipment driving 2008
NEW YORK
General Electric Co. said Friday that solid demand for its aviation, oil
and gas and transportation equipment helped lift its fourth-quarter
profit 4%, with steady overseas growth so far showing no sign of abating
in 2008 evens as the U.S. economy cools off.
Consumers spent government rebate in 2001, but times have changed
CHICAGO
If history repeats itself, Federal Reserve Chairman Ben Bernanke is
right: Give consumers a sizable tax rebate check and they will mostly
take the money and run, spending those dollars and pumping energy into
the economy.
More...go to
http://sinoam.blogspot.com
Bill Clinton Still Fighting For His Legacy
January 18, 2008
Bill Clinton Still Fighting For His Legacy
As Bill Clinton campaigns for his wife with characteristic intensity, he
is fighting not only to promote her candidacy but also to set the record
straight on the two terms he spent in the White House, reports the
Washington Post.
Treasury chief Paulson says economy has slowed 'materially,' calls for stimulus plan of up to $150 billion for consumers.
Treasury chief Paulson says economy has slowed 'materially,' calls for
stimulus plan of up to $150 billion for consumers.
Bush To Lay Out Economic Jumpstart Plan
January 18, 2008
Mystery Crash Causes Heathrow Travel Woes
A dozen flights from London's Heathrow airport were canceled in the
continuing disruption caused by a crash landing at Europe's busiest air
hub. Investigators are probing the Boeing 777 crash, which, thus far,
has experts scratching their heads.
__________________
U.S.
Bush To Lay Out Economic Jumpstart Plan
President Bush told congressional leaders he favors personal income tax
rebates and tax breaks for businesses to help avert a recession,
officials said, as Federal Reserve Chairman Ben Bernanke joined in calls
for an economic stimulus package.
______________
World
Israel Orders Gaza Crossings Closed
Israel's defense minister has ordered the temporary closure of all
crossings into Gaza, cutting off supplies into the besieged
Hamas-controlled territory in response to a slew of Palestinian rocket
barrages at nearby Israeli towns.
Thursday, January 17, 2008
Breaking News Thu., January 17, 2008
Breaking News
ANOTHER GLOOMY DAY ON WALL STREET; DOW DOWN 307 POINTS DESPITE THE
PROMISE OF A GOVERNMENT ECONOMIC STIMULUS PACKAGE
Fed Chief Wants Quick Fix For Economy
Breaking News
Fed Chief Wants Quick Fix For Economy
Faced with a deteriorating economy, Federal Reserve Chairman Ben
Bernanke has indicated he is open to congressional and White House
efforts to develop a rescue package to avert a recession.
__________
U.S.
3 Dead In Navy Helicopter Crash In Texas
Three crew members were killed and another was injured when their Navy
helicopter crashed in a muddy field in Texas, a Navy spokesman said. The
crew was on a training exercise out of the Naval Air Station in Corpus
Christi.
_______________
World
Fighting Escalates In Gaza
Militants in Hamas-ruled Gaza bombarded southern Israel with rockets on
Thursday and Israel pounded back with air and ground fire, killing a
militant leader and his wife, as the deepening violence pushed peace
efforts to the sidelines.
______________
Politics
GOP Hopefuls Seek Unifying Message!
As the GOP race turns national, and none of the GOP candidates is
showing signs of success in finding broader themes to unite the party
ahead of the fall campaign against Democrats, reports the Washington
Post.
_________________
Health
FDA: Cold Medicine Too Risky For Tots
Parents should not give sniffling babies and toddlers over-the-counter
cough and cold medicines - they're too risky for tots so small, the U.S.
government will declare Thursday.
__________
SciTech
Study: ID Theft Spurs Web Privacy Concerns
Privacy concerns stemming from online shopping rose in 2007, a new study
finds, as the loss or theft of credit card information and other
personal data soared to unprecedented levels.
_____________
Business
Vytorin Ads Face Congressional Scrutiny
Congress is investigating advertising for the cholesterol drug Vytorin
following a study that suggested the much-prescribed pill may have no
advantage over a generic cholesterol medicine.
Bernanke, in House testimony, supports stimulus package, says Congress should act "quickly."
Bernanke, in House testimony, supports stimulus package, says Congress
should act "quickly."
Breaking News: Housing starts tumble 24.8% in 2007
WASHINGTON (AP) - The prolonged slump in housing pushed construction of
new
homes in 2007 down by the largest amount in 27 years with the
expectation that
the downturn has further to go.
Breaking News Thu., January 17, 2008
FEDERAL RESERVE CHAIRMAN BEN BERNANKE INSISTS U.S. IS NOT HEADED FOR A
RECESSION, BUT FORECASTS SLOWER GROWTH IN 2008
Wednesday, January 16, 2008
Cautious Shoppers Slowed Economy, Fed Says
January 16, 2008
Business
Cautious Shoppers Slowed Economy, Fed Says
The economy lost momentum heading into the new year as shoppers
tightened their belts and manufacturers were stung by weak demand for
cars and housing-related goods, according to the Fed's new snapshot of
business conditions.
Fed Beige Book sees slow growth in most regions of U.S.
BULLETIN
Fed Beige Book sees slow growth in most regions of U.S.
1/16/2008 2:00:34 PM
Vytorin Study Results Cause Stocks To Sink
January 16, 2008
U.S.
Chertoff Fears Homegrown Terrorism Abroad
U.S. Homeland Security secretary Michael Chertoff told the BBC that
Washington fears Europe may be a staging ground for terrorist attacks
based on how easy it is for Europeans travel to the United Sates.
______________
World
Violence-Weary Kenyans Await Aid
Kenya was getting ready, again, for mass protests across the country.
Many of the streets were filled with muddy water as heavy rain fell on
weary refugees.
______________
Politics
Romney's Michigan Win Clouds GOP Race
Mitt Romney's win in the Michigan Republican primary on Tuesday not only
revived the former Massachusetts governor's presidential hopes, but also
further complicated a GOP race already lacking a clear front-runner.
____________
SciTech
Apple Unveils Super Slim Laptop
Steve Jobs unveiled a super-slim laptop less than an inch thick, and
confirmed Apple's foray into online movie rentals, revealing an alliance
with all six major movie studios to offer first-run films over
high-speed Internet connections.
___________
Business
Vytorin Study Results Cause Stocks To Sink
Investors continued dumping shares of Merck & Co and Schering-Plough,
after their cholesterol-drug partnership took a hit from results of a
controversial study and the fallout from its delayed release.
______________________
Opinion
Cheap Talk On The Economy
The economy has become a top issue in the presidential race, but
National Review Online isn't impressed with how the candidates -
including wrongheaded Democrats and timid Republicans - are talking
about it.
Romney, Clinton win Mich. primary
DETROIT (AP) - Mitt Romney scored his first major primary victory
Tuesday in his native Michigan, a win he desperately needed to give his
weakened candidacy new life and set the stage for a three-man Republican
showdown in South Carolina in just four days. Sen. Hillary Rodham
Clinton won the meaningless Democratic primary, in which she was the
only major candidate entered.
Tuesday, January 15, 2008
U.S. Embassy Car Targeted In Beirut Blast
January 15, 2008
U.S. Embassy Car Targeted In Beirut Blast
An explosion rang out across Beirut today, and a senior Lebanese
security official said the explosion occurred just north of the city.
Television footage showed several damaged cars, including an SUV similar
to those used by U.S. diplomats.
News Alert! Official: U.S. Embassy Vehicle Likely Target In Beirut Blast
A senior Lebanese security official says a bombing in Beirut is believed
to have targeted a U.S. Embassy vehicle, and that there are casualties.
Monday, January 14, 2008
Racial Tensions Heat Up In Dem Campaign
January 14, 2008
Racial Tensions Heat Up In Dem Campaign
Hillary Rodham Clinton and Barack Obama have become embroiled in
racially tinged disputes as large numbers of black voters prepare to get
their first say in the Democratic presidential campaign.
--------------------
World
Israel Rules Out "No Options" Against Iran
Israel's prime minister has told a powerful panel of his nation's
lawmakers that his government will reject "no options" in the effort to
prevent Iran from obtaining a nuclear weapon - a clear reference to
military action.
Edwards Joins Clinton, Obama Race Dispute
CBS Poll: McCain Surges To National Lead
John McCain has come from behind to now lead the national Republican
race, according to a new CBS News/New York Times poll. Among Democrats,
Hillary Clinton has maintained her double-digit national lead.
_____________________
U.S.
Possible Sighting Of Marine Murder Suspect
The key suspect in the brutal slaying of a 20-year-old pregnant Marine
may have been seen on a Greyhound bus in Louisiana, the sheriff says.
Witnesses say he was on a bus headed for Texas, and police are trying to
confirm the sighting.
---------------------------
World
Israel Rules Out "No Options" Against Iran
Israel's prime minister has told a powerful panel of his nation's
lawmakers that his government will reject "no options" in the effort to
prevent Iran from obtaining a nuclear weapon - a clear reference to
military action.
--------------------------
Politics
Edwards Joins Clinton, Obama Race Dispute
Democratic presidential candidate John Edwards has waded into the
minefield racial dispute playing out between his two rivals - and
front-runners - Hillary Clinton and Barack Obama. Edwards called remarks
made by Clinton, "troubling".
____________________
SciTech
Scientists Build A Beating Heart
Researchers seeking new treatments for heart disease managed to grow a
rat heart in the lab and start it beating. The development could lead to
creating or modifying hearts with host cells from a person needing a
heart transplant to avoid rejection.
Sunday, January 13, 2008
Chevrolet Malibu named car of the year at the 2008 North American International Auto Show in Detroit; Mazda CX-9 is truck of the year
Chevrolet Malibu named car of the year at the 2008 North American
International Auto Show in Detroit; Mazda CX-9 is truck of the year
Giuliani's Florida Gamble
January 12, 2008
World
Navy Fired Shots At Iranian Craft In Dec.
The U.S. Navy said Friday that one of its ships had fired warning shots
at a small Iranian boat in the Strait of Hormuz in December during one
of two serious encounters with such craft that month.
---------------------------------------
Politics
Giuliani's Florida Gamble
Rudy Giuliani has been in self-imposed political exile, all but sitting
out early primaries to put his chips on the Sunshine State. Now the
former New York City mayor is under increasing pressure to make sure he
does not lose in Florida.
________________________
Opinion
Growth For Some, Recession For Most
Economic numbers say growth and productivity are on the rise. But the
polls show most Americans think we're already in a recession. How? The
Nation says many people have been left behind by the economy's so-called
successes.
