Friday, March 14, 2008
Breaking News: House narrowly passes surveillance bill
WASHINGTON (AP) - The House has narrowly passed a Democratic
surveillance bill that denies legal immunity to telecommunications
companies.
Fed chief Bernanke, citing substantial rise in foreclosures, says central bank is 'strongly committed' to easing housing crisis.
Fed chief Bernanke, citing substantial rise in foreclosures, says
central bank is 'strongly committed' to easing housing crisis.
Bear Stearns' Woes Drive Down Stocks
March 14, 2008
Bear Stearns' Woes Drive Down Stocks
Bear Stearns says its liquidity significantly deteriorated over the past
day and the temporary funding it will receive from JPMorgan Chase and
the Federal Reserve Bank of New York will help it continue operating
normally.
--------------------
U.S.
As Land Entries Tighten, Migrants Try Sea
The migrants board rickety boats in the dark, taking orders from
inexperienced seamen. From sandy Mexican shores popular with weekend
tourists, they can see downtown San Diego's lights when the sky is
clear.
--------------------
World
Low Turnout Seen In Iranian Election
Iranians have flocked to the polls to vote in a parliamentary election
seen more as a test of hard-line President Mahmoud Ahmadinejad's
popularity among the country's conservatives than a real opportunity for
change.
--------------------
Politics
Clinton Woos Unaligned Lawmakers At Home
On Wednesday night, Hillary Clinton held a private reception for several
dozen members of Congress at her house in Washington, the Washington
Post reports.
--------------------
Health
Tweens Favor Inhalants To Get High
A newly released federal government report points to an alarming trend -
preteens and young teenagers are using inhalants as a "gateway" drug to
other illicit drugs.
--------------------
Business
Tougher Rules Urged For Mortgage Lenders
Treasury Secretary Henry Paulson said stronger regulatory oversight of
mortgage lenders is needed to avert a credit crisis. But Wall Street
found little solace in his comments: the Dow Jones industrials fell 200
points Thursday morning.
--------------------
Opinion
Admiral Fallon For VP?
The abrupt resignation of Admiral Fallon could be a move calculated to
catapult him into the vice-presidential sweepstakes. A man unserious
about the Iranian threat would be perfect Democratic running mate, says
National Review Online.
Thursday, March 13, 2008
U.S. stocks recover from 235-point plunge to close higher
U.S. stocks recover from 235-point plunge to close higher
3/13/2008 4:06:51 PM
Gold prices cross $1,000 for first time, as dollar sinks further.
Gold prices cross $1,000 for first time, as dollar sinks further.
Treasury Secretary Paulson, citing 'past excesses,' announces plan to overhaul regulation of financial institutions.
Treasury Secretary Paulson, citing 'past excesses,' announces plan to
overhaul regulation of financial institutions.
Wednesday, March 12, 2008
Breaking News: N.Y. Governor Eliot Spitzer resigns
NEW YORK (AP) - New York Gov. Eliot Spitzer resigned following intense
pressure to step down because of a prostitution scandal.
Beef recall update: Meat company president to testify
NEWS
Fallon resigns as Mideast military chief
---------------------------------------------
The Navy admiral in charge of the wars in Iraq and Afghanistan announced
Tuesday that he is resigning over press reports portraying him as
opposed to President Bush's Iran policy.
Calls for Spitzer's resignation grow
---------------------------------------------
New York Gov. Eliot Spitzer remained in seclusion Tuesday as calls grew
for him to resign amid allegations that he frequented a high-priced
call-girl ring.
Obama sprints to Miss. win
---------------------------------------------
Barack Obama handily defeated Hillary Rodham Clinton in Mississippi's
Democratic primary on Tuesday and captured the Deep South's last
presidential contest before the rivals' showdown in Pennsylvania next
month.
MONEY
Rate cuts pummel money market funds
---------------------------------------------
Low interest rates and high fees have driven yields on two small
broker-sold money market funds below 1% - and more funds will follow if
the Federal Reserve cuts rates again.
Crash-test report backs stronger roofs on SUVs
---------------------------------------------
A report to be released Wednesday by the Insurance Institute for Highway
Safety that suggests safety advocates and plaintiff's lawyers have been
correct all along: More than 200 deaths could have been prevented in
rollovers in 2006 if just a few more SUVs had roofs as strong as the
best one it tested.
Beef recall update: Meat company president to testify
---------------------------------------------
The president of Westland/Hallmark Meat, which last month launched the
largest meat recall in U.S. history, says the videotape that exposed
inhumane handling of cows at his facility did not include any that were
slaughtered and put into the U.S. food supply.
Breaking News: Top state official tells AP Spitzer will resign
ALBANY, N.Y. (AP) - A top state official says New York Gov. Eliot
Spitzer will resign effective Monday after being linked to a
prostitution ring.
Tuesday, March 11, 2008
Breaking News: Obama wins Miss. primary, AP projects
JACKSON, Miss. -- Sen. Barack Obama has won the Mississippi Democratic
primary, according to the Associated Press. Sen. John McCain, the
presumptive GOP nominee, won the Republican vote in the Magnolia State
based on AP projections.
Obama projected winner of Mississippi Democratic primary
Obama projected winner of Mississippi Democratic primary
3/11/2008 8:12:11 PM
News Alert! U.S. Central Command Chief Resigning Under Fire
Adm. William Fallon, the top U.S. military commander for the Middle
East, is resigning, Defense Secretary Robert Gates said Tuesday. Fallon
was the subject of a recent magazine article that portrayed him as
opposed to President Bush's Iran policy.
Will Sex Scandal Topple N.Y. Gov?
Breaking News
Will Sex Scandal Topple N.Y. Gov?
Little more than a year after winning his office on pledges to tackle
corruption and crime in New York state, Governor Elliot Spitzer will now
find himself clinging to power after being caught on a federal wiretap
allegedly soliciting sex.
--------------------
U.S.
Obama Eyes Victory In Mississippi
Mississippi Democrats are deciding the last in a series of presidential
contests between Barack Obama and Hillary Rodham Clinton before the two
rivals settle in for a six-week battle to win Pennsylvania.
--------------------
Health
Hope Springs From A Deadly Medical Mistake
Last year, three-year-old Sebastian Ferrero was killed by a series of
medical errors that began with a massive drug overdose. Now his parents
have formed a foundation in his name in the hopes of preventing similar
accidents.
--------------------
Business
Oil Prices Drive Up U.S. Trade Deficit
The United States' trade deficit grew larger in January as imports -
including crude-oil prices - zoomed to all-time highs.
Monday, March 10, 2008
Report: Gov. Spitzer expected to resign...
Report: Gov. Spitzer expected to resign...
IJT has learned Gov. Spitzer is expected to resign over his involvement
in a prostitution scandal.
Breaking News
New York Times reports Gov. Eliot Spitzer admits involvement in a
prostitution ring.
Probe: Pharmaceuticals In Drinking Water
March 10, 2008
Probe: Pharmaceuticals In Drinking Water
A vast array of pharmaceuticals - including antibiotics,
anti-convulsants, mood stabilizers and sex hormones - have been found in
the drinking water supplies of at least 41 million Americans, an
Associated Press investigation shows.
--------------------
U.S.
Senators Demand Audit Of Iraq Oil Revenue
The Democratic chairman and Republican former chairman of the Senate
Armed Services Committee have asked U.S. government auditors to
determine what Iraq is doing with the billions of dollars in oil revenue
it generates.
--------------------
World
Socialist Leader Wins 2nd Term In Spain
Socialist Prime Minister Jose Luis Rodriguez Zapatero has won reelection
in a clear endorsement of a record of social change including the
legalization of gay marriage and on-demand divorce - once unthinkable in
overwhelmingly Roman Catholic Spain.
Sunday, March 09, 2008
KBR Named In Report On Soldier Illnesses
March 9, 2008
KBR Named In Report On Soldier Illnesses
Dozens of U.S. troops in Iraq fell sick at bases using "unmonitored and
potentially unsafe" water supplied by the military and a contractor once
owned by Vice President Dick Cheney's former company, the Pentagon
said.
--------------------
U.S.Senators Demand Audit Of Iraq Oil Revenue
The Democratic chairman and Republican former chairman of the Senate
Armed Services Committee have asked U.S. government auditors to
determine what Iraq is doing with the billions of dollars in oil revenue
it generates.
World
___________________________
Anti-Musharraf Parties Agree To Coalition
Pakistan's election winners sealed an agreement Sunday to form a
coalition government and said parliament would restore judges ousted by
President Pervez Musharraf - further clouding the U.S.-allied leader's
political future.
