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Obama taps Daschle to lead health drive

Graham :: WA :: USA | about 5 hours ago | Political News

Posted by vishnughimire

WASHINGTON: Barack Obama picked former Senate leader Tom Daschle to end the US healthcare crisis and stocked his White House staff with loyal campaign aides, as new contenders emerged yesterday for key cabinet posts. The president-elect, who takes office in...

28 news stories / 3 blog posts / 10 images / 29 videos / 1 voice

No relief seen in global economic crisis

Washington :: DC :: USA | about 3 hours ago | Business News

Posted by thapaprajwal

WASHINGTON (Reuters) – The global economy saw more signs of distress on Thursday with U.S. stocks plunging for a second consecutive day, oil prices falling, a surprise rate cut in Switzerland , export woes in Japan and rescue loans to...

22 news stories / 0 blog posts / 0 images / 16 videos / 0 voices

Stocks fall after jobless claims jump

New York City :: NY :: USA | about 11 hours ago | Business News

Posted by kalex

Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday and extended Wall Street's sell-off to a second day. The major indexes each fell more than 1.5 percent, including the Dow Jones industrial average, which...

44 news stories / 6 blog posts / 0 images / 22 videos / 1 voice

Stocks fall after jobless claims jump

New York :: NY :: USA | about 14 hours ago | Business News

Source: Seattle Times

Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday. The major indexes declined in volatile trading, extending losses from Wednesday's steep sell-off. Wall Street was unnerved after new claims for unemployment benefits climbed to...

33 news stories / 25 blog posts / 7 images / 30 videos / 0 voices

World struggles to cope with Somali piracy, By TOM MALITI reporting ...

Mogadishu :: Somalia | about 5 hours ago | Political News

Posted by BiodunIginla

By TOM MALITI reporting for Biodun Iginla, BBC News in Minneapolis 37 minutes ago NAIROBI, Kenya — The U.N., African Union and Arab nations struggled to respond Thursday to a surge of pirate attacks, authorizing more sanctions and calling for...

23 news stories / 2 blog posts / 20 images / 30 videos / 0 voices

Oil falls below $53 on fears of deep recession

Washington :: DC :: USA | about 15 hours ago | Conflict & Tragedy

Posted by LewisStanley

Oil prices fell below $53 to almost a two-year low Thursday as investors, worried by plummeting stock markets , priced in lower crude demand as the global economic downturn shapes up to be the worst in decades. Light, sweet crude...

50 news stories / 0 blog posts / 6 images / 8 videos / 0 voices

Report: U.S. Influence Will Fade By 2025

Washington :: DC :: USA | about 2 hours ago | Technology News

Posted by pranay

(CBS/AP) Analysts gazing into what amounts to an intelligence-based crystal ball see a future world marked by dwindling resources, more people and diminished power for the United States, as CBS News correspondent Bob Orr reports. The grim assessment, entitled "Global...

11 news stories / 3 blog posts / 1 image / 1 video / 1 voice

In Cairo,Crisis meeting over Somali piracy.

Cairo :: Egypt | about 11 hours ago | Conflict & Tragedy

Posted by aarana

Senior officials from Egypt, Jordan, Saudi Arabia, Sudan and Yemen are meeting in the Egyptian capital, Cairo. It comes amid a report that pirates who hijacked a Saudi oil tanker on Saturday are demanding a $25m (£17m) ransom. However, the...

31 news stories / 3 blog posts / 4 images / 6 videos / 0 voices

Qazi and Army Chief in the opposite directions on national security

Peshawar :: Pakistan | about 1 hour ago | Political News

Posted by sudhir

Qazi and Army Chief in the opposite boats. Pakistan army chief General Ashfaq Pervez Kayani has assured the Nato commanders that the Nato supply line through the tribal areas, particularly Khyber Pass would be kept open and no hindrance would...

9 news stories / 1 blog post / 0 images / 25 videos / 0 voices

Dell misses on sales, beats on earnings

Round Rock :: TX :: USA | about 10 hours ago | Business News

Source: CNN

Dell said the global economic slowdown has consumers and businesses pulling back on technology spending, when it reported third-quarter results Thursday. Earnings and revenue dropped, but the computer maker said it has been cutting costs and slashing jobs rigorously, which...

13 news stories / 3 blog posts / 9 images / 8 videos / 0 voices