Latest Breaking News and Current Events
EBay to Buy Sites, Cut Work Force
San Jose :: CA :: USA | Oct 06, 7:35 AM | Technology News
Source: Asian Wall Street Journal
EBay Inc. said Monday it will acquire U.S.-based online-payments business Bill Me Later and two Denmark classifieds sites for $1.34 billion, while announcing a 10% cut in its global work force. The online auctioneer also said it expects to hit...
14 news stories / 11 blog posts / 2 images / 16 videos / 0 voices
BofA in Subprime Settlement of Over $8B
Los Angeles :: CA :: USA | Oct 05, 10:52 PM | Business News
Source: Fox News
Bank of America (BAC) has consented to what could be an $8.6 billion settlement of claims brought by state attorneys general over certain risky loans originated by Countrywide Financial, which could serve as a precedent for other such settlements, The...
14 news stories / 14 blog posts / 30 images / 30 videos / 0 voices
Obama on America - his words, not Palin's
Berkeley :: CA :: USA | Oct 06, 3:22 AM | Political News
Posted by
Punditty 
On Sunday in California, Alaska Gov. Sarah Palin had this to say about Sen. Barack Obama: “This is not a man who sees America as you and I see America. We see America as a force for good in this...
15 news stories / 6 blog posts / 7 images / 26 videos / 2 voices
Treasury announces plan to boost debt auctions
Washington :: DC :: USA | Oct 06, 7:28 AM | Business News
Source: The Orange County Register
The Treasury Department says it will increase its debt auctions to handle the $700 billion rescue program for the country's financial system. The Treasury said Monday it would increase the size of its auctions in coming weeks and is considering...
6 news stories / 1 blog post / 21 images / 7 videos / 0 voices
Australian dollar hits two-year low
Sydney :: Australia | Oct 05, 3:58 PM | Business News
Source: Sydney Morning Herald
It's also the Australian dollar's lowest point since the onset of the global credit crunch in mid-2007. The local unit dropped to $US0.7676 in August 2007 in the early days of the credit crunch. Bank of New Zealand currency strategist...
21 news stories / 28 blog posts / 9 images / 28 videos / 0 voices
Nobel medicine prize shared
Stockholm :: Sweden | Oct 06, 5:08 AM | Technology News
Source: The independent
Research and Prevention, and Francoise Barre-Sinoussi of the Institut Pasteur won half the prize of 10 million kronor (£800,000) for discovering the deadly virus that has killed millions of people since it was identified in the 1980s. Harald zur Hausen...
10 news stories / 14 blog posts / 30 images / 30 videos / 0 voices
Sri Lanka: Major Gen Janaka Perera and 22 other people killed & 80 ...
Anuradhapura :: Sri Lanka | Oct 05, 11:30 PM | No category
Posted by
Lankan
Sri Lanka: Major Gen Janaka Perera and 22 other people killed & 80 injured from LTTE suicide blast at opening of a UNP party office in Anuradhapura.
15 news stories / 0 blog posts / 7 images / 0 videos / 0 voices
Suspected Pakistan suicide bomber targets senior MP
Bhakkar :: Pakistan | Oct 06, 6:57 AM | Conflict & Tragedy
Source: The Guardian
P Explosion in Punjab province kills at least eight people and wounds more than 30 At least eight people died and more than 30 were wounded today after a suspected suicide bomber targeted a senior politician's home in one of...
8 news stories / 3 blog posts / 9 images / 30 videos / 0 voices
Russian stock markets plunge at opening
Moscow :: Russia | Oct 06, 2:37 AM | Business News
Source: Taiwan News
Russia's biggest stock market plunged by nearly 12 percent in the first hour of trading Monday amid dropping oil prices and the failure of the U.S. bailout plan to ease fears over the global economy...The benchmark RTS tumbled to its...
7 news stories / 10 blog posts / 6 images / 10 videos / 0 voices
Finance Ministry Offers Money to Universities
Jerusalem :: Israel | Oct 06, 3:15 AM | Political News
Source: Israel National News
The Finance Ministry issued a statement Monday that it will "provide a significant increase in funding to the higher education system budget for this coming year… with the aim of… completely implementing the Shochat Committee recommendations in 2010."
9 news stories / 0 blog posts / 4 images / 4 videos / 0 voices
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