Friday, February 20, 2009
Oregon's Silver Falls Bank seized by FDIC; 14th failure this year
Subject: Oregon's Silver Falls Bank seized by FDIC; 14th failure this year
Oregon's Silver Falls Bank seized by FDIC; 14th failure this year
2/20/2009 9:30:33 PM EDT
Breaking News
Israeli President Shimon Peres chooses Likud Party leader Benjamin
Netanyahu to form next government, officials said.
U.S. core retail-level inflation for January runs a little hotter than expected, up 0.2%
U.S. core retail-level inflation for January runs a little hotter than
expected, up 0.2%
2/20/2009 8:31:21 AM EDT
Thursday, February 19, 2009
Markets Thursday, 02/19/2009
| Dow : 7465.95 down 89.68 | S & P : 778.94 down 9.48 |
| NASDAQ: 1442.82 down 25.15 | Bond (10Y): 2.85%, 99.09
MARKETS:
Dow stumbles to 6-year low
Bank stocks lead the retreat, pushing the blue-chip indicator to
levels not seen since October 2002.
Ex-prosecutor Robert Khuzami named SEC enforcement director
Ex-prosecutor Robert Khuzami named SEC enforcement director
2/19/2009 1:52:00 PM EDT
Number of people filing for first-time unemployment benefits last week was 627,000, same number as previous week.
Number of people filing for first-time unemployment benefits last week
was 627,000, same number as previous week.
Wednesday, February 18, 2009
President Obama formally announces wide-ranging plan to attack the mortgage meltdown – 'a crisis unlike any we've ever known.'
President Obama formally announces wide-ranging plan to attack the
mortgage meltdown – 'a crisis unlike any we've ever known.'
Tuesday, February 17, 2009
GM says it could need up to $30 billion in federal money by 2011
GM says it could need up to $30 billion in federal money by 2011
2/17/2009 6:32:45 PM EDT
reaking News: President Obama signs stimulus bill
DENVER - Obama signs $787 billion economic plan, most sweeping rescue
package in decades.
Monday, February 16, 2009
News Alert!
Bill Clinton: I should have better regulated derivatives
02/16/09 10:07 AM, EST
Former President Bill Clinton was in Austin, Texas, over the weekend
to host the Clinton Global Initiative University, which encourages
college students and administrators to come up with creative ways to
address global issues.
International
JAPAN'S ECONOMY 'WORST SINCE END OF WWII'
Japan is grappling with its worst economic crisis since the end
of World War II, the nation's economic and fiscal policy
minister said Monday. The comments from Kaoru Yosano followed
news of Japan's gross domestic product falling 12.7 percent in
the fourth quarter in 2008.
CHAVEZ DECLARES VICTORY IN VENEZUELA VOTE
Venezuelan President Hugo Chavez has declared victory in a
constitutional referendum that will allow him to run for a third
six-year term in 2012. With 94 percent of the votes counted,
about 54.4 percent of the voters supported the referendum and
45.6 percent were opposed, the National Election Commission
said.
AFGHANISTAN TO HELP REVIEW U.S. WAR ON TERROR
Afghan President Hamid Karzai said Sunday that his country would
join the strategic review of the U.S.-led war on terrorism.
CLINTON HEADS TO ASIA FOR FIRST STATE TRIP
Armed with a sweeping diplomatic agenda, Hillary Clinton headed
for Asia on Sunday on her first overseas trip as secretary of
state.
SEX TRADE TOPS U.N. TRAFFICKING LIST
Sexual exploitation and forced labor are the most common forms
of human trafficking in the world, a new report from the U.N.
Office on Drugs and Crime said.
U.S. ENVOY HOLBROOKE ARRIVES IN INDIA
Fresh from visiting leaders in Pakistan and Afghanistan, U.S.
special envoy Richard Holbrooke arrived in India on Sunday, the
U.S. Embassy in New Delhi said.
MEXICAN NAVY CONFISCATES 7 TONS OF COCAINE
The Mexican navy confiscated 7 tons of cocaine being transported
on a fishing vessel in international waters in the Pacific
Ocean, the navy secretary said.
NTSB: PLANE FELL 800 FEET IN 5 SECONDS
A commuter airliner that crashed Thursday in upstate New York,
killing 50 people, underwent violent pitching and rolling, with
passengers experiencing twice the normal force of gravity, just
before impact, a federal investigator said Sunday.
------------------------------------------------
BUSINESS
BRITISH ECONOMY TO WORSEN IN 2009
Shackled by a global recession, the United Kingdom's economy
will only get worse in 2009, the Confederation of British
Industry said Monday.
OBAMA PLANNING AMBITIOUS ROAD AHEAD
Fresh off victory on President Obama's $787 billion economic
recovery plan, several top White House aides say they're
planning an ambitious agenda for the rest of February. The White
House will focus on addressing the housing crisis, cleaning up
the banking mess and laying the groundwork for reform of the
health care system and entitlement programs like Medicare.
$250K MICROSOFT BOUNTY ON WORM CREATOR
Software giant Microsoft is offering a $250,000 reward for
information leading to the arrest and conviction of hackers
behind a powerful computer virus that could lead to millions of
PCs being hijacked.
Breaking News
Pakistan agrees landmark deal with Taliban allowing strict Islamic law
to be implemented in troubled province.
Breaking News
Pakistan agrees landmark deal with Taliban allowing strict Islamic law
to be implemented in troubled province.
Sunday, February 15, 2009
Breaking News
Venezuela's President Hugo Chavez wins referendum to scrap term
limits, according to the country's electoral council.
International
TOP STORIES as of 1000 GMT -- 15 February, 2009
UAE DENIES VISA TO ISRAELI TENNIS PLAYER
The United Arab Emirates has refused to grant a visa to Israeli
tennis Shahar Peer player for the Sony Ericsson World Tennis
Association Tour in Dubai, the WTA said in a statement Sunday.
Tour officials expressed dismay over the move, but say the
tournament will go ahead.
U.S.: 4 DEAD AFTER HOSPITAL WORKER OPENS FIRE
A former hospital worker systematically shot four people in
upstate New York on Saturday, authorities in two counties said.
VENEZUELANS VOTE ON TERM LIMIT FOR CHAVEZ
Venezuelans will decide Sunday whether to change the
constitution to allow President Hugo Chavez and other elected
officials to run for office indefinitely.
'RED ALERT' AFTER VOLCANO ERUPTS IN COLOMBIA
A volcano near southwest Colombia's border with Ecuador erupted
on Saturday, leading the government to issue a "red alert" for
the region.
DAYS NEEDED TO RECOVER ALL PLANE CRASH VICTIMS
Recovering all the bodies from Thursday's deadly U.S. passenger
plane crash may take four days as investigators work through
freezing temperatures and piles of wreckage.
WAR OF WORDS BETWEEN ISRAEL, TURKEY ESCALATES
Turkey's Foreign Ministry summoned Israel's ambassador to the
Turkish capital of Ankara on Saturday to issue a formal
complaint over a top Israeli commander's reported remarks
criticizing Turkey.
STIMULUS BILL LIMITS BAILED-OUT EXECS' EARNINGS
An amendment in the $787 billion economic stimulus package
passed by Congress Friday would severely restrict bonuses and
other forms of compensation for top executives at companies
receiving federal bailout money.
U.S.: FINANCIAL CRISIS IN EMERGING MARKETS
Finance ministers from the world's leading industrialized
nations were holding their second and last day of meetings in
Rome on Saturday with an agenda squarely focused on the world
financial crisis.
-----------------------------------------
BUSINESS
OBAMA PLANNING AMBITIOUS ROAD AHEAD
Fresh off victory on President Obama's $787 billion economic
recovery plan, several top White House aides say they're
planning an ambitious agenda for the rest of February. The White
House will focus on addressing the housing crisis, cleaning up
the banking mess and laying the groundwork for reform of the
health care system and entitlement programs like Medicare.
$250K MICROSOFT BOUNTY ON WORM CREATOR
Software giant Microsoft is offering a $250,000 reward for
information leading to the arrest and conviction of hackers
behind a powerful computer virus that could lead to millions of
PCs being hijacked.
AUSTRALIA APPROVES $26.5B STIMULUS PLAN
Australian leaders passed a $42 billion (US $26.5 billion)
stimulus package Friday in response to the global recession.
