itsjohntime

137 children have been removed from a polygamist compound in Texas, and
more being sought, a state official says.

// posted by itsjohntime @ 4/05/2008 11:55:00 PM 0 comments

The White House says it does not expect President George W. Bush's talks
with his Russian counterpart Vladimir Putin to produce a deal on a
missile defense system based in Europe. 
--------------------
Politics

Clintons: $109M In Income Since 2000

Sen. Hillary Rodham Clinton and former President Clinton report nearly
$109.2 million in income since the end of Mr. Clinton's term in 2000.
The couple reported $20.4 million in income for 2007..
--------------------
Business

Microsoft To Yahoo: You've Got 3 Weeks

Microsoft Corp. sent a letter to the Yahoo Board of Directors setting a
three-week deadline for moving forward on its more than $40 billion
buyout offer. More...

// posted by itsjohntime @ 4/05/2008 04:22:00 PM 0 comments

WASHINGTON (AP) - Employers worried about recession slashed 80,000 jobs
in March, the most in five years and the third straight month of losses.

// posted by itsjohntime @ 4/04/2008 10:04:00 AM 0 comments

Federal Reserve Chairman Ben Bernanke was the top witness at a
Congressional hearing called to examine whether the Fed was justified in
providing up to $30 billion to facilitate the sale of Bear Stearns Cos.
to JP Morgan Chase & Co. 
--------------------
Politics

Wife's Fortune, Connections Boost McCain

The McCains' marriage has mixed business and politics from the
beginning, according to an expansive review by The Associated Press of
thousands of pages of campaign, personal finance, real estate and
property records nationwide. 
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Opinion

1994 Redux: Clinton Hasn't Changed A Bit

In 1994, then-First Lady Hillary Clinton, headed up her husband's
health-care task force. Now that she is running for president, she says
she has learned her lesson. But has she, National Review Online wonders.

// posted by itsjohntime @ 4/03/2008 06:07:00 PM 0 comments

Bernanke gloomier about near-term outlook

The outlook for U.S. growth has worsened since January and the
possibility of a recession can't be ruled out, says Federal Reserve
Chairman Ben Bernanke.

Market Snapshot: U.S. stocks climb amid Fed talk

NEW YORK
U.S. stocks edge higher after a shaky start, with investor optimism
stemming from Best Buy's results and hopes for Friday's employment
report competing with Federal Reserve Chairman Ben Bernanke's talk of
U.S. economic woes.

Economic Report: U.S. private-sector payrolls up slightly in March: ADP
survey

WASHINGTON
U.S. private-sector companies added 8,000 jobs in March, according to an
employment report based on ADP payrolls data released Wednesday.

Subprime Today: National City mulling KeyCorp deal: report

NEW YORK
Welcome to our daily roundup of subprime and credit-crunch-related news
from MarketWatch.

Ireland's prime minister Ahern stepping down in May

LONDON
Bertie Ahern, the prime minister of Ireland, announced he will leave
office next month, ending a tenure that ran nearly 11 years and
coincided with a massive economic boom that transformed the Irish
economy into the Celtic tiger.

// posted by itsjohntime @ 4/02/2008 12:22:00 PM 0 comments

Fed Chief Hints At Looming Recession

Federal Reserve Chairman Ben Bernanke warned Congress that the economy
may shrink over the first half of this year, which would signal the
start of a recession. Yet, he didn't offer assurances of further
interest rate cuts. 
--------------------
Politics

Obama Seeks To Reshape The Electorate

Even as he fends off Hillary Clinton in the Democratic nomination
contest, Barack Obama is already turning his attention to the general
election, and to an ambitious plan to reshape the American electorate in
his favor, the Politico reports. 
--------------------
Health

Thin People Can Be Fat

A new study shows that more than half of "normal weight" Americans
actually have too much body fat. 

// posted by itsjohntime @ 4/02/2008 12:16:00 PM 0 comments

Fed Chair Bernanke, in testimony before Congress, says U.S. recession is
'possble.'

// posted by itsjohntime @ 4/02/2008 12:05:00 PM 0 comments

Top executives of the five biggest U.S. oil companies were pressed to
explain the soaring fuel prices amid huge industry profits and why they
were not investing more to develop renewable energy source such as wind
and solar power. 
--------------------
U.S.

3 Workplace Shootings In One Day

Three separate workplace shootings were reported in three states on
Tuesday. In North Carolina and Massachussets, the alleged shooters
committed suicide after the attack. In Virginia, the suspect fled the
scene.
--------------------
World

Iraqi PM: Basra Strikes A "Success"

The Iraqi prime minister said that a weeklong crackdown against militia
violence in the southern city of Basra had been a "success," despite the
backlash among followers of radical Shiite cleric Muqtada al-Sadr. 
--------------------
Politics

Obama Frames Race As Match With McCain

Barack Obama has, in recent days, sought to frame the presidential race
as a general election matchup between him and John McCain. Obama argues
that McCain would merely be another four years of President Bush's
policies. .
--------------------
Business

UBS Writes Off $19B In Losses

Switzerland's largest bank said it sees losses and writedowns of
approximately $19 billion in the first quarter on U.S. real estate and
related credit positions. 
--------------------
Opinion

Market Deregulation Or Market Survival?

Treasury Secretary Henry Paulson is focused on regulatory
inefficiencies. But the details of his plan are wholly inappropriate to
the current economic crises - they could, in fact, make things worse,
writes The New Republic.

// posted by itsjohntime @ 4/01/2008 05:02:00 PM 0 comments

WALL STREET RALLIES ON HOPES THAT WORST IS OVER FOR SUBPRIME LOSSES; DOW
CLOSES UP 391 POINTS

// posted by itsjohntime @ 4/01/2008 04:26:00 PM 0 comments

The Bush administration is proposing the biggest overhaul of financial
regulation since the Great Depression. The plan would change the
regulation of businesses from the nation's biggest banks down to the
local mortgage broker. 
--------------------
U.S.

High Court Declines Rep. Jefferson Case

The Supreme Court refused to step into a legal fight between the Justice
Department and a member of Congress who has been indicted on bribery
charges. 
------------------
Politics

Cash-Strapped Clinton Fails To Pay Bills

!

Hillary Clinton's cash-strapped campaign has been putting off paying
hundreds of bills - freeing up cash for media buys but also earning the
campaign a reputation as something of a deadbeat in some small-business
circles, the Politico reports. 
--------------------
Health

Can Your Nose Sniff Out Danger?

Fear may heighten people's sense of smell, making them sensitive to
scents wafting in the air when they got scared, new research shows. 
--------------------
Business

Lehman Brothers Launches Lawsuit In Japan

Lehman Brothers filed a lawsuit against major Japanese trading company
Marubeni, demanding $350 million in damages in an unfolding case of
alleged massive fraud.

// posted by itsjohntime @ 3/31/2008 12:05:00 PM 0 comments

Shiite Cleric Pulls Fighters Off Streets

Shiite cleric Muqtada al-Sadr is offering to pull his fighters off the
streets of Basra and other cities if the government stops "illegal and
haphazard raids" against his followers and releases prisoners held
without charge. 
--------------------
World

Israel To Remove West Bank Roadblocks

Israel pledged to remove some West Bank roadblocks as a start to
"concrete steps" in an agreement with the Palestinians that is aimed at
paving the way for a final peace deal this year. 
--------------------
Politics

Richardson: Voters Decide, Not Big Shots

To the suggestion that his recent endorsement of Sen. Obama showed
personal disloyalty to Sen. Hillary Clinton, Gov. Bill Richardson said
that in deciding between love for country and love for the Clintons, he
chose his country. 
--------------------
Health

Kidney Disease Hospitalizations Soar

The annual number of U.S. hospitalizations of people with kidney disease
quadrupled from 1980 to 2005, according to the CDC. The rise was
greatest in people aged 65 and older.

// posted by itsjohntime @ 3/30/2008 09:37:00 PM 0 comments