Friday, May 09, 2008
Breaking News Fri., May 9, 2008
MYANMAR GOVERNMENT TO ACCEPT LIMITED U.S. AID, WILL ALLOW ONE PLANE TO
DELIVER CYCLONE RELIEF SUPPLIES.
Gas costs squeeze daily life
NEWS
Age, mold assail military barracks
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Soldiers returning from Iraq and Afghanistan can find themselves living
in less-than-ideal conditions as base commanders work to keep up with
repairs to sometimes-century-old buildings.
U.S. military denies Iraq report of al-Qaeda arrest
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The U.S. military on Friday denied Iraqi government claims that the
leader of al-Qaeda in Iraq was captured and said a man with a similar
name had been arrested in the northern city of Mosul.
Mexican farms employ kids illegally, U.N. says
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About 300,000 youngsters work illegally in Mexico's fields, the United
Nations Children's Fund says. In some cases, child farm labor is used to
produce goods that are exported to the USA.
MONEY
Gas prices rattle Americans
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Record high gas prices are prompting Americans to drive less for the
first time in nearly three decades, s causing major shifts in driving
habits.
Mortgage crisis seeps to prime loans
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The first concrete evidence that delinquencies on mortgage bills have
spread well beyond those with subpar credit shows that even prime
borrowers have increasingly fallen behind on their house payments.
Small business helps boost Sam's Club sales
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Cheap fuel, low food prices and a focus on its small business customers
are helping Sam's Club boost the amount shoppers spend in its warehouse
clubs despite the tough retail climate, according to its chief executive
officer.
http://www.usatoday.com/money/smallbusiness/2008-05-08-sams-club_N.htm
Thursday, May 08, 2008
Breaking News
The leader of al Qaeda in Iraq has been arrested, an Iraqi Defense
Ministry spokesman tells The Associated Press.
House passes $300 billion housing rescue plan that will allow the government to back loans for struggling homeowners.
House passes $300 billion housing rescue plan that will allow the
government to back loans for struggling homeowners.
U.S. deploys more than 43,000 unfit for combat
NEWS
First aid flight arrives to Burma from Italy; three more expected
Thursday
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The U.N.'s World Food Program says its first flight carrying aid has
landed in Burma after the military regime gave clearance to send relief
material to cyclone victims.
Magnitude 6.8 quake hits Japan; no injuries, damage reported
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A magnitude 6.8 earthquake off the Japanese coast rattled Tokyo early
Wednesday, seismologists and national television said.
U.S. deploys more than 43,000 unfit for combat
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More than 43,000 U.S. troops listed as medically unfit for combat in the
weeks before their scheduled deployment to Iraq or Afghanistan since
2003 were sent anyway, Pentagon records show.
MONEY
A new kind of crash-test dummy is born at Ford
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Ford Motor has redesigned the midsection of child-size crash-test
dummies to help carmakers invent seat belts that could protect children
against abdominal injuries.
Baskin-Robbins scooping out new territory: Soft serve
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Baskin-Robbins, the world's largest ice cream chain, Thursday will
announce plans to sell soft-serve ice cream, a risky marketing move that
it has resisted since its founding 62 years ago.
Wednesday, May 07, 2008
Sharpton arrested during protests
IJT has learned that the Reverend Al Sharpton is among those arrested
during protests over the Sean Bell verdict.
Breaking News: Clinton wins Indiana
Sen. Hillary Clinton has won the Democratic primary in Indiana, the
Associated Press reports.
Tuesday, May 06, 2008
Breaking News: Obama wins N.C. primary
RALEIGH, N.C. - Sen. Barack Obama has won North Carolina's Democratic
primary, the Associated Press reports.
News Alert! Clinton Projected To Win Indiana
New York Senator Hillary Clinton will win the Democratic primary in
Indiana.
Breaking News Tue., May 6, 2008
STATE OF GEORGIA EXECUTES CONVICTED MURDERER WILLIAM EARL LYND, BREAKING
NATIONWIDE SEVEN-MONTH MORATORIUM ON CAPITAL PUNISHMENT
Bernanke: Let's fight foreclosures
Updated 06:18 AM ET
NEWS
Report: 10M children die from lack of health care every year
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More than 200 million children worldwide under age 5 do not get basic
health care, leading to nearly 10 million deaths annually from treatable
ailments like diarrhea and pneumonia, a U.S.-based charity said
Wednesday.
Junta slows cyclone aid to Burma
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World scrambles to aid victims of cyclone that devastated Burma where
more than 10,000 people could have been killed.
Experimental meningitis vaccine shows promise
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An experimental meningitis vaccine appears to generate more potent
immunity than the version now available in young people who suffer most
from the disease, researchers reported Monday.
MONEY
Bernanke: Let's fight foreclosures
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Federal Reserve Chairman Ben Bernanke warned late Monday that the
federal government should do more to stave off home foreclosures that
threaten credit markets and the economy, even as a Fed survey showed the
percentage of banks tightening credit for consumers and businesses
reached historic highs.
Tropicana files for Chapter 11 protection amid Jersey joust
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The owner of Tropicana casinos in Atlantic City and Las Vegas filed for
Chapter 11 bankruptcy protection Monday, nearly five months after New
Jersey regulators stripped the Tropicana Casino and Resort of its
license.
UBS reports $11.5 billion loss, will slice 5,500 jobs
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Swiss bank UBS AG announced Tuesday it would cut 5,500 jobs and reported
a net loss of 11.5 billion Swiss francs ($10.97 billion) for the first
quarter of this year.
Breaking News Mon., May 5, 2008
CYCLONE IN MYANMAR AND ITS AFTERMATH KILLED 15,000 PEOPLE, INCLUDING
10,000 IN ONE TOWN, GOVERNMENT OFFICIAL SAYS
Monday, May 05, 2008
Oil settles at a new record of $119.97 a barrel on the New York Mercantile Exchange, up $3.65 since Friday.
Oil settles at a new record of $119.97 a barrel on the New York
Mercantile Exchange, up $3.65 since Friday.
Sunday, May 04, 2008
Obama wins the Guam caucuses
Obama wins the Guam caucuses.
Barack Obama wins in Saturday's Democratic caucuses on Guam by just
seven votes. More than 4,500 island Democrats voted.
