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  Feed24: Newsflash |
| | Rice flies to India to ease tension with Pakistan
15 minutes ago @ yahoo! news
Reuters - U.S. Secretary of State Condoleezza Rice flew to New Delhi on Tuesday hoping to ease tension between India and Pakistan that has surged over the Mumbai attacks and put at risk U.S. counterte...
» Save this article » More news about US
| Police: Mumbai gunmen came by sea (msnbc.com)
The gunmen who attacked Mumbai set out by boat from the Pakistani port of Karachi, then hijacked an Indian fishing trawler that carried them to their suicide mission, a top police official said Tuesday.
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| India to Pakistan: Hand over terror suspects (msnbc.com)
The gunmen who attacked Mumbai set out by boat from the Pakistani port of Karachi, then hijacked an Indian fishing trawler that carried them to their suicide mission, a top police official said Tuesday.
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| US official blames Pakistani group for attack (yahoo! news)
AP - National Intelligence Director Mike McConnell says the terrorist group U.S. intelligence believes carried out last week's attack in Mumbai is the same one that attacked Mumbai trains in 2006.
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| Zardari denies Pakistan involved in attacks (cnn.com)
Pakistani President Asif Ali Zardari denied his nation was involved in last week's deadly attacks on Mumbai, India, and said today he's seen no evidence that a suspect in custody is a Pakistani national as Indian officials claim. "I think these are stateless actors who have been operating all throughout the region," Zardari told CNN's Larry King.
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| Zardari: 'Pakistan in no way responsible' (cnn.com)
Pakistani President Asif Ali Zardari denied his nation was involved in last week's deadly attacks on Mumbai, India, and told CNN on Tuesday he's seen no evidence that a suspect in custody is a Pakistani national as Indian officials claim.
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| U.S. official: India attack may have Pakistan roots (yahoo! news)
AP - Evidence suggests that a group partly based in Pakistan carried out last week's attack in India, U.S. officials said Tuesday, and they also revealed the U.S. had warned the Indian government that terrorists appeared to be plotting an assault on Mumbai.
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| Israel mourns 6 victims of Mumbai attack (msnbc.com)
Thousands of grief-stricken Orthodox Jews prayed and wept Tuesday before the shrouded bodies of Israelis killed in Mumbai, joining the national mourning in a ceremony broadcast on TV and attended by Israeli leaders.
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Gates: Military looks to accelerate Iraq pullout
1 hour(s) ago @ yahoo! news
AP - Defense Secretary Robert Gates signaled a willingness Tuesday to forge ahead with two key priorities for the incoming Obama administration: accelerating the U.S. withdrawal from Iraq and shutting...
» Save this article » More news about Obama
| Clinton for a Clinton? Senate guessing game begins (yahoo! news)
Reuters - New York Gov. David Paterson has famous names to choose from in picking a replacement for Sen. Hillary Clinton, including a Kennedy, a Cuomo and even another Clinton, as in the former president of the United States.
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| Obama pledges to help states weather recession (yahoo! news)
Reuters - President-elect Barack Obama pledged on Tuesday to help state governors cope with a deepening recession and asked for their help in crafting a huge stimulus package to create jobs and tackle the crumbling economy.
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| Obama pledges to help states weather recession (reuters)
President-elect Barack Obama pledged on Tuesday to help state governors cope with a deepening recession and asked for their help in crafting a huge stimulus package to create jobs and tackle the crumbling economy.
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| Gates: Military looks to accelerate Iraq pullout (msnbc.com)
Defense Secretary Robert Gates signals he'll forge ahead with two priorities for the Obama administration: accelerating withdrawal from Iraq and shutting down the Guantanamo Bay detention center.
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| Pentagon chief Gates backs Obama Iraq policy (yahoo! news)
Reuters - U.S. Defense Secretary Robert Gates, who will stay on under Barack Obama, said on Tuesday he supported the president-elect's Iraq policy but declined to back his proposed timetable for the withdrawal of U.S. forces.
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| Obama vows to help states weather economic woes (yahoo! news)
AP - President-elect Barack Obama promised swift action Tuesday on an economic plan "to solve this crisis and to ease the burden on our states," and he cast governors as his partners in crafting a recession-rebound strategy.
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| Pentagon chief Gates backs Obama Iraq policy (reuters)
U.S. Defense Secretary Robert Gates, who will stay on under Barack Obama, said on Tuesday he supported the president-elect's Iraq policy but declined to back his proposed timetable for the withdrawal of U.S. forces.
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| Obama pledges to help states weather recession (yahoo! news)
Reuters - President-elect Barack Obama on Tuesday pledged to help state governors cope with a deepening recession and asked them to help craft a massive stimulus package to create jobs and tackle the crumbling economy.
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Ruling dissolves Thai government
45 minutes ago @ msnbc.com
Anti-government demonstrators in Thailand declared victory Tuesday and said they will end their occupation of the country"s two main airports after the prime minister was forced from office.
» Save this article » More news about Thai
| Thai protesters celebrate PM's ouster (msnbc.com)
Anti-government demonstrators in Thailand declared victory Tuesday and said they will end their occupation of the country's two main airports after the prime minister was forced from office.
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| Thai PM ousted; airports to reopen (msnbc.com)
Thailand's prime minister resigned on Tuesday after protests that paralyzed his government and closed the capital's airports. Protesters promised to lift their siege by Wednesday.
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| Ruling dissolves Thai government (msnbc.com)
Thailand's prime minister resigned on Tuesday after protests that paralyzed his government and closed the capital's airports. Protesters promised to lift their siege by Wednesday.
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| Thai court disbands ruling party (yahoo! news)
Reuters - Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring jubilant anti-government protesters to end their blockades of Bangkok's airports.
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| Thai protests to end after court ousts govt (yahoo! news)
AFP - Thai anti-government activists on Tuesday agreed to end protests that have paralysed Bangkok's airports, after a court stripped Prime Minister Somchai Wongsawat of his post and outlawed the ruling party.
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| Thai airports to reopen after government falls (yahoo! news)
AP - Thailand's prime minister was ousted Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.
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| Thai government falls after court bans premier (yahoo! news)
AP - Thailand's prime minister resigned on Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.
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Ga. Senate runoff could decide balance of power
15 minutes ago @ yahoo! news
AP - Georgia"s seemingly endless U.S. Senate campaign drew to a finish on Tuesday as polls closed on the hotly-contested race that will sway the balance of power in Washington.
» Save this article » More news about Senate
| Balance of power hangs on Ga. runoff (msnbc.com)
Georgia's seemingly endless U.S. Senate campaign drew to a finish on Tuesday as polls closed on the hotly contested race that will sway the balance of power in Washington.
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| Ga. Senate runoff could decide balance of power (yahoo! news)
AP - Georgia's seemingly endless U.S. Senate campaign was in its final hours Tuesday as voters had their say in a race that will help sway the balance of power in Washington.
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| Ga. Senate runoff could decide balance of power (yahoo! news)
AP - Georgia voters had their hands on the balance of power in the next U.S. Senate in a runoff election Tuesday, one of two unresolved races that Democrats need to win to get a 60-seat majority impervious to GOP filibusters. Republican U.S. Sen. Saxby Chambliss faced Democrat Jim Martin after a post-general election campaign that drew national political heavyweights from both parties.
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| Balance of power hangs on Ga. runoff (msnbc.com)
Georgia voters had their hands on the balance of power in the next U.S. Senate in a runoff election Tuesday, one of two unresolved races that Democrats need to win to get a 60-seat majority.
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| Georgia votes in key Senate run-off election (yahoo! news)
Reuters - The state of Georgia voted in a run-off election for U.S. Senate on Tuesday that will help decide whether Democrats gain a big enough majority in the chamber to more easily pass their legislation agenda.
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| Georgia votes in key Senate run-off election (reuters)
The state of Georgia voted in a run-off election for U.S. Senate on Tuesday that will help decide whether Democrats gain a big enough majority in the chamber to more easily pass their legislation agenda.
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| Balance of power hangs on Ga. runoff (msnbc.com)
Georgia voters are returning to the polls Tuesday to decide one of two unresolved U.S. Senate races that Democrats need to win for a 60-seat majority impervious to GOP filibusters.
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Oil drops 4.7 percent, down $100 from record
3 hour(s) ago @ yahoo! news
Reuters - Oil prices fell nearly 5 percent to below $47 a barrel on Tuesday, down $100 from their peak, driven down by a gloomy economic outlook and news that OPEC made only two-thirds of its pledged ...
» Save this article » More news about Oil
| Oil drops 4.7 percent, down $100 from record (reuters)
Oil prices fell nearly 5 percent to below $47 a barrel on Tuesday, down $100 from their peak, driven down by a gloomy economic outlook and news that OPEC made only two-thirds of its pledged supply cuts in November.
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| Oil slips below $48 on OPEC compliance (yahoo! news)
Reuters - Oil prices fell below $48 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.
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| Oil slips below $48 on OPEC compliance (reuters)
Oil prices fell below $48 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.
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| Oil slips below $49 on OPEC compliance (yahoo! news)
Reuters - Oil prices fell below $49 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.
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| Oil slips below $49 on OPEC compliance (reuters)
Oil prices fell below $49 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.
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| Oil back above $49 after early dive (yahoo! news)
Reuters - Oil pared losses on Tuesday after an earlier fall to a new 3-1/2-year low below $48 a barrel, weighed down by heavy losses in global stock markets after confirmation that the United States was in recession.
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Feed24: Sport |
| | NFL suspends six players for doping violations
1 hour(s) ago @ yahoo! news
Six players, including the heart of the Minnesota Vikings" stout defensive line, were suspended for four games without pay by the NFL on Tuesday for violating the league"s anti-doping policy...
» Save this article » More news about NFL
| NFL suspends six players for doping violations (foxsports.com)
The NFL has suspended six players for four games each for violating the league's anti-doping policy.The players used a diuretic, which can serve as a masking agent for steroids.The suspended players are running back Deuce McAllister and defensive linemen Charles Grant and Will Smith of New Orleans; defensive linemen Kevin and Pat Williams of Minnesota; and long snapper Bryan Pittman of Houston.
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| NFL policy on gun possession (yahoo! news)
The NFL policy on gun possession, which applies to all employees of the NFL and its teams, including players and non-players:
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| NFL playoff picture: If season ended today (foxsports.com)
PLAYOFF PICTURE LINKS: NFL playoff matchups "if season ended today" Who can clinch this weekend? Playoff Dates & Times Complete team-by-team Week 12 scenarios Who can be eliminated this weekend?--> Complete NFL standings NFL Tiebreaker Procedures
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Burress spends day at stadium as NYPD investigates
3 hour(s) ago @ yahoo! news
AP - Plaxico Burress spent much of Tuesday at Giants Stadium facing the possibility his career with the Super Bowl champions could be over, while police were still trying to sort out the events surrou...
» Save this article » More news about Burress
| Burress arrives at Giants Stadium after shooting (yahoo! news)
AP - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.
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| Burress arrives at Giants Stadium, meets with team (foxsports.com)
Plaxico Burress arrived at Giants Stadium on Tuesday, one day after the star receiver was charged with illegal gun possession.He was told by the team to be there because he is on the active roster and injured.Burress accidentally shot himself in the right thigh at a Manhattan nightclub over the weekend. The case has jeopardized his career with the NFL champions, angered the mayor of New York and raised the strong possibility the wide receiver might land in jail.
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| Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility that his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.
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| Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress has arrived at Giants Stadium, one day after the star receiver was charged with illegal gun possession.
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| Burress posts bail, will appear in court in March (yahoo! news)
AP - It was just 10 months ago that Plaxico Burress became an instant New York sports hero after his clutch performance in the Super Bowl. But on Monday, Burress was hauled out of a police precinct in handcuffs facing two weapons charges that could send him to jail.
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Wounded Giants receiver Burress out for season
30 minutes ago @ yahoo! news
Reuters - The New York Giants placed Plaxico Burress on the reserve/non-football injury list on Tuesday, ending the season for the wide receiver who wounded himself in a gunshot accident last weekend.
» Save this article » More news about Burress
| Plaxico meets with Giants; Pierce probe continues (foxsports.com)
Plaxico Burress arrived at Giants Stadium on Tuesday, one day after the star receiver was charged with illegal gun possession.He was told by the team to be there because he is on the active roster and injured.Burress accidentally shot himself in the right thigh at a Manhattan nightclub over the weekend. The case has jeopardized his career with the NFL champions, angered the mayor of New York and raised the strong possibility the wide receiver might land in jail.
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| Giants' Burress spends day at stadium as shooting probed (yahoo! news)
AP - Plaxico Burress spent much of Tuesday at Giants Stadium facing the possibility his career with the Super Bowl champions could be over, while police were still trying to sort out the events surrounding the Manhattan nightclub shooting.
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| NFL star Burress faces gun charge (bbc sport)
An American footballer who scored the Super Bowl's winning touchdown faces criminal charges for shooting himself in the leg.
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| Police investigating NYC hospital that treated Giants' Burress (yahoo! news)
AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.
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| Plax hit with weapon charge; Pierce under scrutiny (foxsports.com)
Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.
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McGrady says hell miss 3 weeks for knee rehab
3 hour(s) ago @ yahoo! news
Houston guard Tracy McGrady will miss three weeks to rehabilitate his sore left knee, another blow to an injury-plagued season for the Rockets.
» Save this article » More news about McGrady
Burnleys McDonald outshines Arsenals starlets
2 hour(s) ago @ yahoo! news
AFP - Arsene Wenger"s Arsenal youngsters were sent crashing out of the League Cup as two goals from midfielder Kevin McDonald sealed a 2-0 victory for Burnley at Turf Moor on Tuesday.
» Save this article » More news about Arsenal
| Burnley send Arsenal's kids crashing out (yahoo! news)
AFP - Arsenal's young stars were upstaged by Burnley's own talented rookie as Kevin McDonald gave the Championship club a shock 2-0 win in the League Cup quarter-finals on Tuesday.
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| Burnley sends Arsenal's kids crashing out (abc sport)
Arsenal's young stars have been upstaged by Burnley's own talented rookie as Kevin McDonald gave the Championship club a shock 2-0 win in the League Cup quarter-finals.
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Feed24: Entertainment |
| | Sandra Oh
1720 hour(s) ago @ hollywood.com entert...
Sandra Oh. Photos of your favorite actors and actresses.
» Save this article » More news about Sandra
Jim Byrnes
1720 hour(s) ago @ hollywood.com entert...
An American-born actor long in Canada, Jim Byrnes is best known for playing "Lifeguard", the communications expert and link to the organization on the CBS series Wiseguy (1987-1990), and...
» Save this article » More news about Byrnes
Owen Roizman
1720 hour(s) ago @ hollywood.com entert...
Began his career working on TV commercials in New York and shot his first feature, Bill Gunn"s Stop, in 1970. Roizman soon became known for his gritty, documentary-influenced urban compositions...
» Save this article » More news about Roizman
Paul Le Mat
1720 hour(s) ago @ hollywood.com entert...
A beefy, laconic leading man of the 1970s, Le Mat is best known for his performances in George Lucas" American Graffiti (1973) and especially as Melvin Dummar, an aimless blue-collar worker who...
» Save this article » More news about Mat
Anna Karina
1720 hour(s) ago @ hollywood.com entert...
Slender, dark-haired actress who appeared in several films of the French New Wave, particularly those directed by first husband Jean-Luc Godard. Karina was outstanding as the lonely, lovelorn prostitu...
» Save this article » More news about Karina
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Feed24: Computers & Internet |
| | FCC to mull free Internet plan at December meeting
6 hour(s) ago @ yahoo! news
Reuters - The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwi...
» Save this article » More news about FCC
| FCC to mull free Internet plan (msnbc.com)
The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a proposal staunchly opposed by the cell phone industry.
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| FCC to mull free Internet plan (yahoo! news)
Reuters - The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a proposal staunchly opposed by the cell phone industry.
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Ex-AOL boss looking to raise cash for Yahoo bid
3 hour(s) ago @ yahoo! news
Reuters - Former AOL Chief Executive Jonathan Miller is seeking as much as $30 billion from investors to buy all or part of Yahoo Inc, The Wall Street Journal reported on Tuesday, boosting shares of t...
» Save this article » More news about Yahoo
| Britney Spears: More Interesting than Barack Obama? (yahoo! news)
Just when you thought she had disappeared into relative obscurity, Britney Spears is back. On Yahoo's recently-released list of the top 10 searches of 2008, Britney Spears takes the cake. In this election year, Spears managed to beat out president-elect Barack Obama, who came in at number 3, as the most sought-after search topic of the past year.
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| Britney Spears tops Yahoo searches (yahoo! news)
AP - She did it again: Britney Spears was the most popular search term on Yahoo for the fourth year in a row — her seventh time topping the list.
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| Britney more popular than Obama (bbc news)
The singer, Britney Spears, has beaten Barack Obama to top spot in the world of internet search during 2008, Yahoo says.
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| Britney Spears, Obama lead Yahoo top searches (msnbc.com)
Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo Inc reported on Monday.
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Nokia Calls N97 an Advanced Mobile Computer
7 hour(s) ago @ yahoo! news
Nokia on Tuesday released its N97 smartphone, describing it as the world"s most advanced mobile computer, which will transform the way people connect to the Internet and each other. Jonas Geu...
» Save this article » More news about N97
| Nokia unveils N97 touch screen phone (msnbc.com)
Nokia Oyj, the world's largest mobile phone maker, unveiled its flagship N97 model smartphone on Tuesday, which drew a lukewarm response from analysts.
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Telcos, groups draw up national broadband strategy
1 hour(s) ago @ yahoo! news
Telecom and tech companies joined with labor unions, public interest groups, and other organizations Tuesday to issue a call to action (PDF) for a national broadband strategy.
» Save this article » More news about Telcos
Yahoo up on reports of new takeover bid
1 hour(s) ago @ yahoo! news
AFP - Yahoo shares gained more than seven percent on Wall Street on Tuesday amid reports former AOL chief executive Jonathan Miller was trying to raise money to purchase the Internet company.
» Save this article » More news about Yahoo
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Feed24: Business & Economics |
| | GE shares soar on plan to scale back finance arm
2 hour(s) ago @ yahoo! news
Reuters - General Electric Co said on Tuesday it plans to scale back its hefty finance arm and repeated that it will pay its regular dividend next year, sending shares up 13.6 percent, their biggest o...
» Save this article » More news about GE
| Shares rebound with confidence boost from GE (yahoo! news)
Reuters - Stocks snapped back on Tuesday after a pledge by General Electric , a global bellwether, to leave its dividend intact in a fragile economy sparked optimism.
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| GE ready to play defense (latest financial new...)
General Electric shares rallied more than 13% Tuesday after executives vowed to preserve the company's dividend and work to maintain its triple-A credit rating - a designation that keeps GE's borrowing costs lower than almost any company in corporate America and gives it a significant advantage over its competition.
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| Stocks rebound after GE keeps dividend (yahoo! news)
Reuters - Stocks snapped back on Tuesday from the previous session's huge losses after General Electric , a global bellwether, lifted optimism by pledging to leave its dividend intact in a tough economy.
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| Shares rebound with confidence boost from GE (yahoo! news)
Reuters - Stocks snapped back on Tuesday after General Electric , a global bellwether, lifted optimism by pledging to leave its dividend intact in a fragile economy.
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| GE to trim finance arm, plans job cuts (yahoo! news)
Reuters - General Electric Co plans to scale back its hefty finance arm and cut jobs across its range of businesses as it braces for what it expects to be a worsening economic environment next year, executives said.
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| Stocks rise on financials, energy, GE (yahoo! news)
Reuters - Stocks rose on Tuesday as investors scooped up beaten-down shares after Monday's sell-off and news that bellwether General Electric would keep its dividend unchanged in a tough economy.
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| GE expects to hit low-end of 4Q guidance (yahoo! news)
General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.4 billion as it starts to shrink its struggling GE Capital finance arm next year because of the ongoing credit crisis.
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| GE and autos ignite Wall Street (yahoo! news)
Reuters - Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment.
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| DealBook: G.E. Damps Down Earnings Expectations (nyt > business)
General Electric said that it expects fourth-quarter profit to be at the low end of its previous guidance and warned that restructuring and other charges were likely to top $1 billion after taxes.
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Wall St. Partially Recovers From Sell-Off
1 hour(s) ago @ nyt > business
Wall Street mounted a modest recovery on Tuesday, gaining back nearly half of the enormous collapse that had seemed to bode badly for this week.
» Save this article » More news about Wall
| Wall Street rebounds sharply after big drop (yahoo! news)
AP - Buyers returned to Wall Street Tuesday, sending stocks higher in a session that was marked by indecision even as the Dow Jones industrials closed up 270 points. Encouraging news from Ford Motor Co. and General Electric Co. calmed the market a day after a massive decline.
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| Wall Street rebounds sharply after big drop (yahoo! news)
AP - In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more than 3 percent.
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| Wall Street wavers after big previous-session drop (yahoo! news)
AP - Investors returned cautiously to the stock market Tuesday, wary about the downtrodden economy while trying to recoup some of the ground in the previous session's enormous decline. The major indexes fluctuated in late afternoon trading after giving up a big early advance.
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| Wall Street cuts gains after grim GM sales (yahoo! news)
Reuters - Stocks sharply pared gains on Tuesday after General Motors Corp posted a 41 percent slide in November auto sales, compounding investors' worries about the fate of the embattled U.S. auto industry.
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| Wall Street rallies on GE and financials (yahoo! news)
Reuters - Stocks rallied on Tuesday as bargain hunters snatched up beaten down shares after Monday's steep sell-off, buttressed by news that General Electric would maintain its dividend.
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| Wall Street recovers some ground (latest stock market ...)
Stocks surged Tuesday afternoon as investors scooped up shares hit in the previous session's selloff - and kept an eye on the latest news from the automaker and financial sectors.
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| Wall Street opens higher after Monday's losses (yahoo! news)
Reuters - Stocks rose 1 percent at the open on Tuesday as investors snapped up beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.
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| Wall Street extends gains on autos and GE (yahoo! news)
Reuters - Stocks extended gains on Tuesday, sending the Dow and S&P 500 up more than 2 percent as investors grew optimistic about a rescue for the U.S. auto industry.
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| Wall Street set for rebound on bargain search (yahoo! news)
Reuters - Stocks headed for a rebound at Tuesday's opening as investors went in search for beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.
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Ford tells Congress it may be able to go it alone
2 hour(s) ago @ yahoo! news
AP - Humbled and fighting for survival, Detroit"s once-mighty automakers appealed to Congress with a retooled case for a huge bailout Tuesday, pledging to slash workers, car lines and executive p...
» Save this article » More news about Ford
| Ford tells Congress it may be able to go it alone (yahoo! news)
AP - Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it. Unless one of Detroit's other Big Three auto companies goes bust, Ford expects to have enough money to make it through next year without government help, it said in a plan that projected the firm will break even or turn a pretax profit in 2011.
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| Ford says CEO will work for $1 to get gov't loans (yahoo! news)
AP - Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when the Detroit Three automakers' CEOs appear before lawmakers this week to request $25 billion in government loans. Ford CEO Alan Mulally said he'll work for $1 per year if the company has to take any government loan money.
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| Ford Says It Can Get By if Rivals Survive (nyt > business)
Ford told Congress that it wanted access to $9 billion in loans but that it could become profitable in three years if Detroit?s other two automakers survived.
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| Ford sales plunge in November (latest financial new...)
On the day Ford Motor laid out plans to stem losses and turn around the company's fortunes, it also reported yet another sharp drop in sales.
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| Ford says CEO will work for $1 to get gov't loans (yahoo! news)
AP - Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when the Detroit Three automakers' CEOs appear before lawmakers this week to request $25 billion in government loans.
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| Ford unveils turnaround plan (latest financial new...)
Ford Motor became the first of the three U.S. automakers to unveil its turnaround plans to Congress Tuesday, but the plan contained little in the way of new cost cuts or other changes beyond what the company had previously announced.
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Stocks rally after retreat
3 hour(s) ago @ latest financial new...
Wall Street recharged the rally Tuesday afternoon at the end of a volatile session as investors welcomed signs that the automakers might get a bailout after all.
» Save this article » More news about Stocks
| Stocks briefly cut gains after grim GM sales (yahoo! news)
Reuters - Stocks pared gains and the Dow industrials briefly turned negative on Tuesday after General Motors Corp posted a 41 percent slide in November auto sales, compounding investors' worries about the embattled U.S. auto industry.
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| Stocks struggle higher (latest financial new...)
Wall Street muscled higher Tuesday afternoon, giving up bigger session gains, after GM and Ford said sales plunged in November and oil prices fell to fresh 3-1/2 year lows.
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| Stocks bounce back after steep selloff (yahoo! news)
AP - Wall Street rebounded Tuesday, regaining some of the ground lost in the previous session's huge drop, as the potential for a bailout of the beleaguered auto industry helped calm investors. The Dow Jones industrials rose more than 225 points, regaining a third of Monday's nearly 680-point plunge.
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| Stocks bounce back after steep selloff (yahoo! news)
AP - Wall Street rebounded Tuesday, regaining some of the ground lost in the previous session's huge drop, as the potential for a bailout of the beleaguered auto industry helped calm investors. The Dow Jones industrials rose about 250 points, regaining more than a third of Monday's nearly 680-point plunge.
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| Stocks rally after rout (latest financial new...)
Stocks rallied Tuesday morning as investors scooped up shares hit in the previous session's selloff, in which the Dow lost 680 points on worries about the economy.
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| Stocks in bounceback mode (latest stock market ...)
Stocks bounced Tuesday morning, as investors scooped up shares hit in the previous session's big selloff, when the Dow industrials plunged 680 points.
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| Stocks ready to bounce back (latest financial new...)
U.S. stocks were poised to rebound Tuesday, a day after the Dow industrials took a 680-point dive.
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| Stocks ready to bounce back (latest financial new...)
U.S. stocks were poised for a rebound Tuesday, a day after the Dow industrials took a 680-point dive.
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| Stocks fall sharply on consumer spending worries (yahoo! news)
AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.
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BA in merger talks with Qantas
5 hour(s) ago @ world business news
UK airline is also continuing discussions with Spanish Iberia.
» Save this article » More news about Qantas
| British Airways targets Qantas merger (yahoo! news)
AFP - British Airways said Tuesday it was "exploring a potential merger" with Australian rival Qantas Airways as part of a broad tie-up in the struggling aviation sector.
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| British Airways in merger talks with Qantas (yahoo! news)
Reuters - British Airways is in merger talks with Australia's Qantas , it said on Tuesday, adding to various attempts at consolidation in an industry desperate to cut costs in the global economic downturn.
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| British Airways in merger talks with Qantas (yahoo! news)
British Airways PLC said Tuesday it is in talks with Australia's Qantas Airways Ltd. about a potential merger, sending its shares soaring as it confirmed expectations of consolidation in the hard-hit aviation industry.
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| British Airways in Talks With Qantas (nyt > business)
The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia Airlines.
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| BA talks merger with Qantas (business and financi...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed Tuesday.
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