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Top Democrats skeptical on stimulus tax breaks
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By Jeremy Pelofsky WASHINGTON (Reuters) - Top US Senate Democrats on Thursday raised concerns about some of the tax breaks that may be included in a stimulus plan aimed at boosting the stricken economy, questioning if they would have a significant
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Obama’s case for action
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House to vote on stimulus after inauguration, Pelosi says
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Watchdogs probe Madoff as lawsuits loom
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By Douwe Miedema LONDON (Reuters) - Fraud-busters set about scrutinising Bernard Madoff's UK business on Thursday, and European investors readied lawsuits, as US prosecutors laid out new grounds for revoking the suspected fraudster's bail.
Madoff had $173m in cheques in office, say prosecutors
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UK Prosecutors Start Probe Into Madoff Operations
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Still the Governor: Blago Stays Busy Doing the People's Business
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Illinois Gov. Rod Blagojevich continues to perform the day-to-day duties of his office, informing the public of bill-signings and other legislative tidbits through press release after press release.
Legislators recommend impeaching Illinois governor
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New Year's Missile Strike Kills Top Al-Qaeda Operatives
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WELT ONLINE
Fears Subside Over Rocket Fire From Lebanon
New York Times -
2 hours ago
By THANASSIS CAMBANIS BEIRUT - A salvo of rockets launched into northern Israel on Thursday morning raised fears of a renewed war between Israel and Lebanon, but those worries quickly subsided when it appeared that the attack came from one of several
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Rocket fire from Lebanon: a second front for Israel?
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UN Halts Aid Deliveries to Gaza
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By Lisa Schlein The United Nations says it has halted aid deliveries to the besieged Gaza Strip until the safety of aid workers can be guaranteed.
Medics: 169 Palestinian children killed in Gaza
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Western, Arab ministers agree to UN draft on Gaza truce: diplomats
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EU, Russia strike deal on monitoring gas flow
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BRUSSELS, Belgium (AP) - The European Union said Thursday that gas supplies should restart after it struck a deal with Russia on supervising the flow of gas through Ukraine.
Russia 'to keep block on EU gas'
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Obama Names Kaine DNC Chairman
Washington Post -
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PRESIDENT-ELECT BARACK OBAMA: (joined in progress) ... we would build a movement for change. With the support of ordinary men and women who gave whatever time and money they could spare, we did just that.
Obama Names Tim Kaine to Succeed Dean as DNC Chair
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Health secretary pick seeks health care overhaul
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WASHINGTON (AP) - Tom Daschle told former Senate colleagues on Thursday that as health secretary he would learn from former President Bill Clinton's failed attempt to overhaul health care, an effort criticized as too long, secretive and hard to
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BART directors face demands of police oversight
San Francisco Chronicle -
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(01-08) 13:13 PST Oakland -- Dozens of angry community members crowded into the BART board of directors meeting this morning in Oakland to express anger and outrage over the New Year's Day shooting of Oscar Grant.
Protests shut down three BART stations; officer in shooting resigns
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Wal-Mart Registers Disappointment
Forbes -
1 hour ago
Wal-Mart, the last bastion of US retail strength, has cracked. The chain cut its earnings outlook on Thursday after posting weaker-than-expected December sales.
MARKET SNAPSHOT: US Stocks Trim Losses To Finish Mixed Ahead Of
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US STOCKS-Wall St up on expected foreclosure deal; Dow off
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Consumer Borrowing in US Falls Record $7.9 Billion
Bloomberg -
1 hour ago
By Shobhana Chandra Jan. 8 (Bloomberg) -- Consumer borrowing dropped by a record $7.9 billion in November as Americans scrambled to boost savings in face of the deepening recession and amid an investor exodus from securities backed by credit-card and
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Consumers borrow less than expected
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US banks borrow less from Fed in latest week - Fed
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Hedge Funds Lost Record 18.3% on Misjudged Markets
Bloomberg -
1 hour ago
By Saijel Kishan Jan. 8 (Bloomberg) -- Hedge funds lost 18.3 percent in 2008, their worst year on record, as managers misjudged the severity of the biggest financial crisis since the Great Depression.
Hedge funds suffer worst losses, but beat markets
Reuters
Fair December but Brutal Year for Hedge Funds
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New York Times
Ballmer reacquaints Microsoft with its PC past
Register -
1 hour ago
Comment Steve Ballmer's inaugural Consumer Electronics Show (CES) opener - taking over from Bill Gates - was important for its emphasis and what was missing.
Windows 7: Home Networking In Three Steps
InformationWeek
Windows 7 beta: First impressions
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Palm strikes back with new OS, pré handset at CES
Ars Technica -
1 hour ago
By Clint Ecker | Published: January 08, 2009 - 03:17PM CT At a CES presentation today, Palm announced its next-generation smart phone platform, called webOS.
Answers to burning Palm Pre questions
CNET News
Palm's Pins Comeback Hopes On 'Pre' Smartphone
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Memorex shows off budget-friendly audio gadgets
CNET News -
4 hours ago
Memorex may not be the most exciting brand on the block, but they've got a surprising amount of affordable, solid-looking products showcased at CES 2009.
Consumer Electronics Show Goes On Amid Downturn
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