WASHINGTON | - Detroit's Big Three automakers pleaded with Congress on Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, warning of a national economic catastrophe should they collapse. Millions of layoffs would follow their demise, they said, as damaging effects ...
19 Nov 2008
Oil prices slipped further Wednesday, dipping below $54 on fears of global economic weakness that have sent crude down more than 60 percent in four months. But analysts suggested that prices might be bottoming out as they moved closer to the psychologically significant $50 mark. Light, sweet crude ...
19 Nov 2008
In this handout photograph made available by Indian Navy, Indian warship INS Tabar, right, is seen... In this handout photograph made available by Indian Navy, Indian warship INS Tabar, right, is seen on Tuesday, Nov. 11, 2008. The helicopter carrying Indian commandos swooped in low over the ...
19 Nov 2008
WASHINGTON -- First daughters have transitions, too. Barbara Bush and fraternal twin sister Jenna Bush Hager, both 26, showed off their White House rooms to the Obama girls, Malia, 10, and Sasha, 7, on Tuesday as Michelle Obama brought her kids and mom here to check out schools and their living ...
19 Nov 2008
NEW YORK, Nov 19 (Reuters) - Chinese solar wafer maker LDK Solar Co Ltd reported sharply higher quarterly earnings on strong demand for the renewable energy source. Third-quarter net income rose to $88.4 million, or 77 cents per American Depositary share, from $41.6 million, or 37 cents per ADS, a ...
19 Nov 2008
LOS ANGELES (AP) - The Walt Disney Co. said Wednesday it agreed to deliver five movies via IMAX theaters beginning with the 3-D movie "A Christmas Carol," starring Jim Carrey, in November 2009. Future films may also include those made by director Tim Burton and producer Jerry Bruckheimer, the studio ...
19 Nov 2008