News
Fannie and Freddie rescue, a bailout for whom? - Reuters
NEW YORK (Reuters) - The rhetoric from the Washington backers of the Fannie Mae-Freddie Mac rescue effort has been consistent on one front: this is no shareholder bailout. But that message seems to have been lost on the stock market, particularly holders of Fannie Mae and Freddie Mac shares. After ...
McCain: Obama won't admit the troop surge worked (196) - Houston Chronicle
John McCain's campaign has been in constant reaction mode to Barack Obama's lavishly covered foreign trip this week. So in response to the media coverage, the McCain campaign on Tuesday released a video on its Web site called Obama Love and featured some of the more enthralled comments about Obama ...
New York Times 2Q profit drops 82 percent - Kansas City Star
New York Times Co. says its second-quarter earnings fell 82 percent from the year-ago quarter boosted by a one-time gain. Meanwhile, print advertising revenue continued to shrink. The New York-based newspaper publisher says its quarterly net income dropped to $21.1 million, or 15 cents per share ...
Category 2 Dolly hits Texas-Mexico coast - Herald Tribune
BROWNSVILLE, Texas - Hurricane Dolly churned into a Category 2 storm as its eye neared the Texas-Mexico border Wednesday, bringing fierce winds and heavy rains that blew down signs, damaged an apartment complex and knocked out electricity to thousands. ASSOCIATED PRESS / DALLAS MORNING NEWS ...
Karadzic to run his own defence - International Herald Tribune
BELGRADE : Radovan Karadzic will conduct his own defence at the Hague tribunal and is convinced he will be cleared of charges of genocide, relatives and associates of the war crimes suspect said on Wednesday. Karadzic, leader of the Bosnian Serbs in the 1992-95 Bosnia war, was arrested in Serbia on ...
Wall Street rises on oil drop, housing plan optimism - Washington Post
NEW YORK (Reuters) - Stocks rose on Wednesday as financial shares climbed on hopes lawmakers will approve a rescue plan for mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) and as the price of oil fell. Financial shares rose after President George W. Bush dropped a threat to ...
Minimum wage going up, little help as costs soar - Miami Herald
WASHINGTON About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. The increase, from $5.85 to $6.55 per hour, is the second ...
Sastre wins 17th stage of Tour de France, the last day in the Alps - International Herald Tribune
ALPE D'HUEZ, France : Carlos Sastre won Wednesday's 17th stage of the Tour de France, the hardest ride this year up three huge Alpine climbs, to take the overall lead from CSC teammate Franck Schleck. Sastre took the yellow jersey by speeding ahead of the main title contenders in the final ascent of ...
Christian Bale Arrested, Released; Denies Assault - ABC News
Christian Bale denies assaulting his mother and sister. The darkness around Batman has deepened: While audiences were shattering weekend box-office records in the U.S., Christian Bale was in London, where his mother and sister reportedly leveled assault allegations against the star of "The Dark ...
Cancer institute warns of cellphone risks - USA Today
PITTSBURGH (AP) — The head of a prominent cancer research institute issued an unprecedented warning to his faculty and staff Wednesday: Limit cellphone use because of the possible risk of cancer. The warning from Dr. Ronald B. Herberman, director of the University of Pittsburgh Cancer Institute ...
