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  Feed24: Newsflash |
| | Hurricane Dolly hits South Texas, flooding feared
4 hour(s) ago @ yahoo! news
Reuters - Hurricane Dolly moved inland after tearing into the South Texas coast on Wednesday with 95 mph (150 kph) winds, pouring torrential rain on the U.S.-Mexico border area before being downgraded...
» Save this article » More news about Dolly
| Dolly downgraded to tropical storm (msnbc.com)
Authorities had feared the first hurricane to hit the U.S. since last September could produce up to 20 inches of rain in some areas, possibly breaching levees in the heavily populated Rio Grande Valley.
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| Dolly weakens to tropical storm over Texas (yahoo! news)
Reuters - Hurricane Dolly has weakened to a tropical storm as it moved inland over Texas after drenching the Texas-Mexico coast with heavy rains, the National Hurricane Center said on Wednesday.
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| Hurricane Dolly carries rains inland (cnn.com)
Hurricane Dolly was downgraded to a Category 1 hurricane today after it made landfall on South Padre Island, Texas, the National Hurricane Center said. But Dolly's sustained winds were still about 95 miles an hour. The storm is expected to produce from 8 to 12 inches of rain, with up to 20 inches in isolated spots, and widespread flooding is likely.
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| Hurricane Dolly weakens, fears turn to flooding (yahoo! news)
AP - Hurricane Dolly barreled into South Texas on Wednesday, lashing the coast with winds up to 100 mph and dumping heavy rain that flooded some low-lying areas but spared levees along the heavily populated Rio Grande Valley.
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| Hurricane Dolly slams South Texas, but levees hold (yahoo! news)
AP - Hurricane Dolly barreled into South Texas on Wednesday, lashing the coast with winds up to 100 mph and dumping heavy rain that flooded some low-lying areas but spared levees along the heavily populated Rio Grande Valley.
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| Dolly hits land, falls to Category 1 (msnbc.com)
Authorities had feared the first hurricane to hit the U.S. since last September could produce up to 20 inches of rain in some areas, possibly breaching levees in the heavily populated Rio Grande Valley.
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| Hurricane Dolly hits South Texas, flooding feared (yahoo! news)
Reuters - Hurricane Dolly moved inland after tearing into the south Texas coast on Wednesday with 95 mph (150 kph) winds, pouring torrential rain on the U.S.-Mexico border area and threatening floods.
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| Smugglers use Dolly for cover, officials say (cnn.com)
Smugglers tried to use Hurricane Dolly as a cover in at least three unsuccessful attempts to move drugs or illegal aliens through Texas, border officials said Wednesday.
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Obama Visits Jerusalems Holiest Site
2 hour(s) ago @ abc news
Obama visits holiest place in Judaism, bows head in prayer to Western Wall.
» Save this article » More news about Obama
| Obama pays visit to Jerusalem holy site (yahoo! news)
AP - Democratic presidential contender Barack Obama paid a predawn visit to the holiest place in Judaism on Thursday, bowing his head in prayer at the Western Wall.
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| Obama leads McCain by 6 points: poll (yahoo! news)
Reuters - Democrat Barack Obama has a 6-point lead over Republican John McCain in the presidential race as a growing percentage of Americans believe the country is headed in the wrong direction, according to an NBC News/Wall Street Journal poll released on Wednesday.
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| Obama promises Israel 'unshakeable' commitment (yahoo! news)
AFP - Barack Obama was heading for Europe Thursday after vowing to forge an "unshakeable" bond with Israel if he becomes the next US president and warning a nuclear Iran would pose a "grave threat" which the world must forestall.
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| Suspicion, terrain foes for Afghan surge (msnbc.com)
As violence in Afghanistan escalates, the U.S. is responding by scrambling to get in more troops. But it's far from clear how the strategy will work in the  vast, rugged land, full of hiding places.
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| Iraqi presidential council rejects elections law (msnbc.com)
Iraq's presidential council on Wednesday rejected a draft provincial elections law and sent it back to parliament for reworking 〔 a major blow to U.S. hopes that the vote can be held this year.
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| McCain denies he misstated timing of Iraq surge (yahoo! news)
AP - Republican John McCain pushed back on Wednesday against Democratic criticism that he misstated when the troop buildup ordered by President Bush began, saying elements were put in place before Bush announced the strategy in early 2007.
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| McCain credits Bush for drop in oil price (yahoo! news)
AP - Republican John McCain on Wednesday credited the recent $10-a-barrel drop in the price of oil to President Bush's lifting of a presidential ban on offshore drilling, an action he has been advocating in his presidential campaign. The cost of oil and gasoline is "on everybody's mind in this room," McCain told a town-hall meeting.
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| Obama tells Israel he's committed to its security (yahoo! news)
AP - From the solemnity of a Holocaust museum to a dusty village battered by Hamas rockets, Democratic presidential contender Barack Obama on Wednesday professed "an unshakable commitment to the security" of Israel, whether the threat comes from terrorists, Iran or elsewhere.
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House OKs Rescue for Homeowners, Freddie, Fannie
2 hour(s) ago @ abc news
Help for strapped homeowners, mortgage giants sails through House after Bush drops opposition
» Save this article » More news about House
| House OKs rescue for homeowners, Freddie, Fannie (yahoo! news)
AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
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| House passes sweeping mortgage rescue (cnn.com)
The House voted 272-152 to pass sweeping legislation that will offer up to $300 billion in aid to troubled homeowners and throw government support behind mortgage giants Fannie Mae and Freddie Mac. The nearly 700-page bill will now go to the Senate, CNNMoney.com reports. Earlier in the day, President Bush withdrew a longstanding veto threat.
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| House passes mortgage rescue (cnn.com)
The House voted 272-152 to pass sweeping legislation that will offer up to $300 billion in aid to troubled homeowners and throw government support behind mortgage giants Fannie Mae and Freddie Mac. The nearly 700-page bill will now go to the Senate, CNNMoney.com reports. Earlier in the day, President Bush withdrew a longstanding veto threat.
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| House OKs rescue for homeowners, Freddie, Fannie (yahoo! news)
AP - Rescue legislation sailed through the House Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing.
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| House passes housing relief bill (msnbc.com)
The House has passed legislation that aims to help 400,000 strapped homeowners who are facing foreclosure and prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing.
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| House approves housing market rescue bill (yahoo! news)
Reuters - The House of Representatives on Wednesday approved major housing market rescue legislation that would bolster Fannie Mae and Freddie Mac , set up a new regulator for the two mortgage giants, and create a fund to help thousands of distressed homeowners refinance their mortgages.
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| House OKs mortgage rescue (cnn.com)
The House on Wednesday voted 272-152 to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support behind mortgage finance giants Fannie Mae and Freddie Mac.
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| Congress moves quickly to pass housing package (yahoo! news)
AP - Congress is moving quickly to pass a housing package that aims to help 400,000 strapped homeowners avoid foreclosures and prevent Fannie Mae and Freddie Mac from collapsing.
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| President Bush drops opposition to housing bill (yahoo! news)
AP - Congress is moving quickly to pass a housing package that aims to help 400,000 strapped homeowners avoid foreclosures and prevent Fannie Mae and Freddie Mac from collapsing.
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Karadzic capture signals Serbian shift
9 hour(s) ago @ msnbc.com
The capture of genocide suspect Radovan Karadzic revealed an extraordinary turnaround for Serbia, and the prospect of another former communist country embedding itself in the West.
» Save this article » More news about Karadzic
| Karadzic to defend himself, mirroring Milosevic (yahoo! news)
AFP - Bosnian Serb genocide suspect Radovan Karadzic is to defend himself before the UN war crimes court, his lawyer said Wednesday, raising memories of the trial of his late ally, Slobodan Milosevic.
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| Karadzic's secret life enthralls his fellow Serbs (yahoo! news)
AP - Radovan Karadzic sent word he plans to defend himself against U.N. genocide charges, but his fellow Serbs were more enthralled with details that emerged Wednesday about his secret life: a mistress, a bogus family in the U.S., and regular visits to the Madhouse bar and its photo of his beardless days as wartime leader of Bosnian Serbs.
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| Karadzic to defend himself against genocide charges (yahoo! news)
Reuters - Radovan Karadzic will conduct his own defence at the Hague tribunal and is convinced he will be cleared of charges of genocide, relatives and associates of the war crimes suspect said on Wednesday.
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| Karadzic to run own defence, gets shave, haircut (reuters)
Radovan Karadzic will conduct his own defence at the Hague tribunal and is convinced he will be cleared of charges of genocide, relatives and associates of the war crimes suspect said on Wednesday.
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| Angry Serb nationalists protest Karadzic arrest (yahoo! news)
AP - Serb nationalists skirmished with riot police in the capital Tuesday, lashing out against the new Western-leaning government that captured war crimes suspect Radovan Karadzic. Karadzic's lawyer vowed to appeal Serbia's plan to extradite the former Bosnian Serb chief to a U.N. war crimes court.
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| Amanpour: Karadzic arrest is big step forward (cnn.com)
The arrest of Bosnian Serb war crimes fugitive Radovan Karadzic is an important step in the reconciliation process in the Balkans, Christiane Amanpour, CNN senior international correspondent, says.
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| Angry Serb nationalists protest Karadzic arrest (yahoo! news)
AP - Serb nationalists skirmished with riot police in the capital Tuesday, lashing out against the new Western-leaning government that captured war crimes suspect Radovan Karadzic.
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McCain Slams Obamas Iraq Plan...Again
5 hour(s) ago @ abc news
Obama"s withdrawal plan could lead U.S. to wider war in Iraq, McCain said.
» Save this article » More news about McCain
| McCain denies he misstated timing of Iraq surge (yahoo! news)
AP - Republican John McCain is pushing back against Democratic criticism that he misstated the timing of the buildup of troops ordered by President Bush in early 2007. He says parts of the new strategy began months earlier.
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| Indian PM says nuclear vote will help millions (yahoo! news)
AFP - India's government Wednesday celebrated a victory it said would help bring millions out of poverty, after winning a vote that clears the way for a controversial nuclear deal with the United States.
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| VP buzz swirls around McCain (cnn.com)
Amid speculation that Sen. John McCain will announce his vice presidential running mate this week, the Arizona senator Tuesday avoided answering any questions on a timetable for the decision.
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| McCain may be zeroing in on a running mate (yahoo! news)
AP - Yet another town-hall meeting isn't doing the trick. Neither is dropping in on a former Republican president. So just what can John McCain do to draw attention away from his showy Democratic rival? Pick a running mate, perhaps.
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| McCain may name his No. 2 soon (msnbc.com)
Another town-hall meeting isn't doing the trick. Neither is dropping in on a former Republican president. So just what can John McCain do to draw attention away from his showy Democratic rival?
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| Indian government wins confidence vote (yahoo! news)
Reuters - Indian Prime Minister Manmohan Singh's government won a vote of confidence in parliament on Tuesday, ensuring the survival of the ruling coalition and a civilian nuclear deal with the United States.
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| McCain may be zeroing in on a running mate (yahoo! news)
AP - Yet another town-hall meeting isn't doing the trick. Neither is dropping in on a former Republican president. So just what can John McCain do to draw attention away from his showy Democratic rival?
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Feed24: Sport |
| | Federer suffers Toronto upset, Nadal wins
2 hour(s) ago @ reuters
The end of Roger Federer"s long reign as world number one moved closer when he suffered a shock second-round defeat by Frenchman Gilles Simon at the Toronto Masters on Wednesday.
» Save this article » More news about Toronto
| Wimbledon hangover as Federer toppled in Toronto (abc sport)
Roger Federer's troubled season continued when he followed his crushing loss in the Wimbledon final with a shock 2-6, 7-5, 6-4 defeat by Frenchman Gilles Simon at the Toronto Masters today.
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| Wimbledon hangover as Federer toppled in Toronto (abc sport)
Roger Federer's troubled season continued when he followed his crushing loss in the Wimbledon final with a shock 2-6 7-5 6-4 defeat by Frenchman Gilles Simon at the Toronto Masters today.
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| Federer woes continue in Toronto (reuters)
Roger Federer's troubled season continued when he followed his crushing loss in the Wimbledon final with a shock defeat by Frenchman Gilles Simon at the Toronto Masters on Wednesday.
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| Nadal breezes through first round (abc sport)
Rafael Nadal waited out a six-hour rain delay before taking the court and winning his 25th match in a row, beating Jesse Levine 6-4, 6-2 in the second round of an ATP Masters Series event in Toronto this morning.
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| Nadal sails to 25th win in a row after rain delay (yahoo! news)
AFP - Rafael Nadal waited out a six-hour rain delay before taking the court and winning his 25th match in a row, beating Jesse Levine 6-4, 6-2 in the second round of an ATP Masters Series event.
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Red Sox complete sweep of Mariners with 6-3 win
6 hour(s) ago @ yahoo! news
AP - Mike Lowell hit a two-run single off Sean Green in the 12th inning, and the Red Sox took advantage of two outfield errors to beat the lowly Mariners 6-3 on Wednesday and complete Boston"s fi...
» Save this article » More news about AP
| Red Sox complete sweep of Mariners, 6-3 (yahoo! news)
AP - Mike Lowell hit a two-run single off Sean Green in the 12th inning, and the Red Sox took advantage of two outfield errors to beat the lowly Mariners 6-3 on Wednesday and complete Boston's first series sweep at Seattle in 15 years.
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| Red Sox find a little extra to sweep Mariners (msnbc)
Mike Lowell hit a two-run single off Sean Green in the 12th inning, and the Red Sox took advantage of two outfield errors to beat the lowly Mariners 6-3 on Wednesday and complete Boston's first series sweep at Seattle in 15 years.
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| Yankees top Twins 5-1 for 10th straight home win (yahoo! news)
AP - Mike Mussina baffled the Twins for eight innings, Alex Rodriguez hit a two-run double and the New York Yankees beat Minnesota 5-1 Wednesday for their 10th straight home win.
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| Mussina leads Yanks to 10th straight home win (yahoo! news)
Mike Mussina baffled the Twins for eight innings, Alex Rodriguez hit a two-run double and the New York Yankees beat Minnesota 5-1 Wednesday for their 10th straight home win.
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| Boston's Matsuzaka shuts down Seattle in 4-2 win (yahoo! news)
AP - Boston's Daisuke Matsuzaka continued his masterful pitching away from Fenway Park, and J.D. Drew's first inning homer helped the Red Sox beat the Seattle Mariners 4-2 on Tuesday night.
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| Top players want World Series ring, not medal (reuters)
When the first pitch of the Olympic baseball tournament is thrown on August 13, New York Yankees' Derek Jeter and Alex Rodriguez will be in Minnesota, Seattle Mariners' Ichiro Suzuki in Anaheim and Red Sox' Daisuke Matsuzaka in Boston.
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| Celizic: For A-Rod, all publicity is good publicity (msnbc)
Celizic:Â The tabloid media are acting as if Alex Rodriguez has something to be ashamed of, but they've got it all wrong. Even if there is a sex tape of him and Madonna, it's not going to hurt him.
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Reyes homers to pull Mets into tie with Phillies
5 hour(s) ago @ yahoo! news
AP - Jose Reyes" three-run homer snapped a sixth-inning tie and the New York Mets, with closer Billy Wagner back, rebounded from a demoralizing defeat by beating the Philadelphia Phillies 6-3 on ...
» Save this article » More news about Mets
| Reyes leads Mets past Phillies, into tie for 1st (msnbc)
Jose Reyes' three-run homer snapped a sixth-inning tie and the New York Mets, with closer Billy Wagner back, rebounded from a demoralizing defeat by beating the Philadelphia Phillies 6-3 on Wednesday night.
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| Giants aiming high again after Super Bowl triumph (yahoo! news)
Reuters - Winning the Super Bowl was a thrill, reaching the pinnacle of the National Football League again this season would be an even bigger one, New York Giants head coach Tom Coughlin said on Wednesday.
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| Giants aiming high again after Super Bowl triumph (reuters)
Winning the Super Bowl was a thrill, reaching the pinnacle of the National Football League again this season would be an even bigger one, New York Giants head coach Tom Coughlin said on Wednesday.
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| Manning, Colts eye return to Super Bowl (msnbc)
There is death. There are taxes. And there is the Colts contending. We can be sure again of the Colts being in the mix for the AFC championship this year.
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| Molina homers twice to lead Giants (yahoo! news)
AP - Bengie Molina hit a two-run homer and a solo shot, Barry Zito won his second straight decision and the San Francisco Giants beat the Washington Nationals 6-3 on Tuesday night.
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| Phillies rally for 6 runs in 9th to beat Mets (yahoo! news)
AP - So Taguchi and Jimmy Rollins had two-run doubles in a six-run ninth, and the Philadelphia Phillies rallied against the New York Mets' makeshift bullpen for an 8-6 victory Tuesday night, taking over first place in the NL East.
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| Phils rally for 6 runs in 9th to beat Mets (yahoo! news)
AP - So Taguchi and Jimmy Rollins had two-run doubles in a six-run ninth, and the Philadelphia Phillies rallied against the New York Mets' makeshift bullpen for an 8-6 victory Tuesday night, taking over first place in the NL East.
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James likely to miss exhibition against Canada
6 hour(s) ago @ yahoo! news
AP - U.S. forward LeBron James likely will miss Friday"s exhibition against Canada as he recovers from a mild right ankle sprain. James shot baskets on the sidelines but was held out of a scrimma...
» Save this article » More news about James
| Good as gold: LeBron guarantees Olympic title (foxsports.com)
No more bronze medals for LeBron James. This time he's coming home with gold - and that's a guarantee.So he says, anyway.James made his guarantee in a Time magazine story that hits newsstands Friday. The Cleveland Cavaliers superstar is featured on one of the covers of the Olympic preview issue.After comparing the feeling of receiving a gold medal on the podium to opening a prized gift on Christmas morning, James was asked if that meant he would lead the Americans to the title.
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| James likely will miss exhibition vs. Canada (foxsports.com)
U.S. forward LeBron James likely will miss Friday's exhibition against Canada as he recovers from a mild right ankle sprain.James shot baskets on the sidelines but was held out of a scrimmage at Valley High School on Wednesday."If the gold medal game was tomorrow, he'd play," coach Mike Krzyzewski said. "But we're not playing the gold medal game, or a medal round game right now. So we would rather be cautious right now.
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| James leaves practice with mild ankle sprain (foxsports.com)
U.S. forward LeBron James left practice with what the team described as a mild right ankle sprain on Tuesday.James landed on Kevin Durant's foot during a scrimmage between Team USA and a select squad of young NBA players."He thinks it's a mild sprain," coach Mike Krzyzewski said. "Our trainers think it's a mild sprain. So we'll find out tomorrow. But I don't think it's anything serious. Obviously, we'll look and see what happens tomorrow.
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Hester missing in action on 1st day of Bears camp
7 hour(s) ago @ yahoo! news
AP - Devin Hester, who has electrified the NFL with 11 punt and kickoff returns for touchdowns in his first two seasons, skipped the Chicago Bears" first training camp practice Wednesday in a hol...
» Save this article » More news about Hester
| Hester absent as Bears camps opens (foxsports.com)
Pro Bowl kick returner Devin Hester is absent from Chicago's first training camp practice.Hester was placed on the Bears' Did Not Report list. The reason for his absence was not immediately known Wednesday.Hester has 11 kick returns for touchdowns in his first two NFL seasons, which is two short of the league record. He also plays wide receiver.The Bears had hoped to extend Hester's contract before training camp but had not completed a deal.
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Feed24: Entertainment |
| | Ermanno Olmi
3 hour(s) ago @ hollywood.com
A largely unheralded director, Olmi"s simple technical style and concern for the issues facing working people have made his films poetic insights into human strength and integrity. Olmi"s pa...
» Save this article » More news about Olmi
James Glickenhaus
3 hour(s) ago @ hollywood.com
This writer-director-producer got his start in the entertainment industry directing educational and industrial films in New York. Glickenhaus made his feature film debut with The Astrologer (1978) a...
» Save this article » More news about Glickenhaus
Laura Leighton
3 hour(s) ago @ hollywood.com
This charismatic, red-haired TV performer with a clean prettiness gained notoriety as Sydney, the heart and soullessness of Fox"s youth-oriented primetime soap Melrose Place. The role was inten...
» Save this article » More news about Leighton
Michael Richards
3 hour(s) ago @ hollywood.com
Michael Richards started out in Los Angeles theater, appearing in such pieces as Arthur Miller"s The American Clock and Wild Oats. In 1979 he began performing stand-up comedy on the L.A. club...
» Save this article » More news about Richards
Peter Yates
3 hour(s) ago @ hollywood.com
Yates began staging plays in the British provinces at the age of 19 and worked as an assistant to J. Lee Thompson and Tony Richardson in the early 1960s. He then alternated between film and TV work an...
» Save this article » More news about Yates
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Feed24: Computers & Internet |
| | Googles Answer To Wikipedia, Knol, Launches
3 hour(s) ago @ yahoo! news
InformationWeek - Knol"s means of encouragement is Google"s AdSense program, which will let verified subscribers generate income from the articles they"ve authored.
» Save this article » More news about Knol
| Google opens Knol website, a wiki with bylines (reuters)
Google Inc opened its website Knol to the public on Wednesday, allowing people to write about their areas of expertise under their bylines in a twist on encyclopedia Wikipedia, which allows anonymity.
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Nokia-Qualcomm Trial Postponed, German Court Favors Nokia
3 hour(s) ago @ yahoo! news
InformationWeek - Nokia has been paying hefty royalties to Qualcomm for various patents and the Finnish company wants the rate reduced.
» Save this article » More news about Qualcomm
US FCC chief near deal for XM-Sirius approval
9 hour(s) ago @ reuters
The merger of the two U.S. satellite radio companies was poised for approval as a pivotal member of the Federal Communications Commission neared agreement to cast a tie-breaking vote in favor of the d...
» Save this article » More news about FCC
| FCC chief close to deal for XM-Sirius approval (reuters)
The head of the Federal Communications Commission is close to securing the final vote needed to give conditional approval to Sirius Satellite Radio Inc's purchase of XM Satellite Radio Holdings Inc, a source familiar with the merger review said on Wednesday.
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| FCC chief closes in on deal for XM-Sirius approval (reuters)
The chairman of the Federal Communications Commission is close to securing the final vote needed to get majority support for giving conditional approval to Sirius Satellite Radio Inc's purchase of XM Satellite Radio Holdings Inc, a source familiar with the merger review said on Wednesday.
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| At FCC broadband hearing, speeches but no consensus (yahoo! news)
Collect scores of people in a room, ask them to talk about technology, and what do you get? A meandering experiment in the form of a public hearing that the Federal Communications Commission convened Monday in Pittsburgh.
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China arrests online dissident in pre-Olympics crackdown
18 hour(s) ago @ yahoo! news
Reuters - Chinese police have arrested a prominent Internet dissident for violating his probation terms, a rights group said, as the country steps up a pre-Olympic crackdown on dissent to ensure the G...
» Save this article » More news about China
| China arrests dissident in pre-Olympics crackdown (reuters)
Chinese police have arrested a prominent Internet dissident for violating his probation terms, a rights group said, as the country steps up a pre-Olympic crackdown on dissent to ensure the Games go smoothly.
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| China arrests dissident in pre-Olympics crackdown (yahoo! news)
Reuters - Chinese police have arrested a prominent Internet dissident for violating his probation terms, a rights group said, as the country steps up a pre-Olympic crackdown on dissent to ensure the Games go smoothly.
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MySpace signs up to OpenID scheme
16 hour(s) ago @ bbc news
Members of the social networking site could soon be using their login details to access lots of other sites.
» Save this article » More news about OpenID
| MySpace Supports OpenID Universal Sign In (yahoo! news)
InformationWeek - In addition, Flixster and Eventful have also joined the social network's Data Availability initiative which gives users the option of sharing their profile.
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| MySpace joins shared identity service OpenID (reuters)
News Corp's MySpace Internet social network will join the OpenID alliance to begin letting its users take their online identity to other sites and social networks without having to register again.
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| MySpace joins shared identity service OpenID (yahoo! news)
Reuters - News Corp's MySpace Internet social network will join the OpenID alliance to begin letting its users take their online identity to other sites and social networks without having to register again.
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Feed24: Business & Economics |
| | How housing rescue bill can help you
5 hour(s) ago @ cnnmoney.com
The House on Wednesday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.
» Save this article » More news about Freddie
| Paulson: Rescue bill key to solving housing crisis (yahoo! news)
AP - Treasury Secretary Henry Paulson said Wednesday that agreement on a sweeping housing rescue bill will send a strong message to investors around the world and will be key to helping the nation turn the corner on the housing crisis.
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| House OKs aid for housing, Fannie Mae and Freddie Mac (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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| A Mortgage Rescue Strains Calculations (nyt > business)
The Congressional Budget Office said a proposed rescue of Fannie Mae and Freddie Mac could appear on the federal budget as a $25 billion cost to taxpayers, but the figure is, at best, a rough estimate.
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| Cost of Fannie, Freddie rescue: $25B (cnnmoney.com)
The Congressional Budget Office on Tuesday estimated that a government plan to stabilize mortgage giants Fannie Mae and Freddie Mac could cost government coffers an average of $25 billion.
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| Fannie, Freddie rescue gets big price tag as House vote looms (yahoo! news)
Reuters - A Bush administration plan to bolster Fannie Mae and Freddie Mac could cost U.S. taxpayers $25 billion, congressional analysts said on Tuesday in a report that triggered debate as Congress moved toward approving a major housing market rescue package.
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Qualcomm, Nokia deal ends long legal battle
2 hour(s) ago @ yahoo! news
Qualcomm Inc and Nokia (NOK1V.HE) settled a three-year, three-continent legal battle on Wednesday when Nokia agreed to make an upfront payment and ongoing royalties to the U.S. technology company.
» Save this article » More news about Qualcomm
| Qualcomm, Nokia in legal settlement, tech deal (yahoo! news)
Reuters - Qualcomm Inc and Nokia (NOK1V.HE) said on Wednesday they had settled their legal battles with a deal that has No. 1 phone maker Nokia paying Qualcomm an upfront payment and ongoing royalties.
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| Qualcomm and Nokia Settle Patent Dispute (nyt > business)
Under the terms of the agreement, Nokia can use all of Qualcomm?s patents in its mobile phones and network equipment, and in return it agreed not to use its patents against Qualcomm.
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Microsofts online chief to depart
6 hour(s) ago @ latest financial new...
Veteran Microsoft Corp. executive Kevin Johnson, who headed the software giant"s online business and played a key role in the bid to buy Yahoo Inc., is leaving the company, Microsoft announced We...
» Save this article » More news about Yahoo
| Microsoft's online chief to depart (business and financi...)
Microsoft Corp. executive Kevin Johnson, who headed the software giant's online business and played a key role in the bid to buy Yahoo Inc., is leaving the company, Microsoft announced Wednesday.
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| Microsoft's online chief to depart - report (business and financi...)
The head of Microsoft Corp.'s online business who led the company's bid to buy Yahoo Inc. is reportedly leaving the software giant, according to a published report Wednesday.
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| Yahoo profit down, outlook intact; CEO set to stay (yahoo! news)
Reuters - Yahoo Inc's net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp's failed takeover bid.
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| Drug Firm?s Profit Surpasses Estimates (nyt > business)
Biogen Idec reported a higher-than-expected second-quarter profit on Tuesday as sales of its closely watched multiple sclerosis drug Tysabri surged past Wall Street estimates.
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| Yahoo misses estimates - sales up, profits down (latest financial new...)
Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street's expectations as the company struggles with dwindling market share and softening economic conditions.
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| UnitedHealth Profit Falls on Charges (nyt > business)
Health insurers battered by rising costs and employer benefits cuts caught a break Tuesday when UnitedHealth Group beat Wall Street expecations and saw its stock jump nearly 8 percent, even though it reported a sharp drop in second-quarter profit.
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| Yahoo net profit falls nearly 19 percent (yahoo! news)
Reuters - Yahoo Inc on Tuesday posted a nearly 19 percent fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft Corp's pursuit.
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| Yahoo misses estimates (cnnmoney.com)
Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street's expectations as the company struggles with dwindling market share and softening economic conditions.
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Stocks & Bonds: Drop in Oil Prices Helps to Ease Anxiety
6 hour(s) ago @ nyt > business
Stocks advanced for the second consecutive session Wednesday as another decline in oil prices and upbeat profit reports eased Wall Street?s worries about the economy.
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| Stocks end higher on sliding oil prices (latest stock market ...)
Stocks finished higher Wednesday as investors cheered falling oil prices and waited to see if the House passed a bill that would support the struggling housing market.
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| Stocks end higher as oil prices keep sliding (business and financi...)
Stocks finished higher Wednesday as investors cheered falling oil prices and waited to see if the House passed a bill that would support the struggling housing market.
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| Stocks Surge as Investors Cheer Drop in Oil Prices (nyt > business)
A modest rally on Wall Street accelerated in late trading on Tuesday, as another steep drop in oil prices sent the Dow Jones industrial average surging 135 points to its highest close in a month.
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| Stocks jump as crude drops $3 a barrel (yahoo! news)
AP - Wall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. The Dow Jones industrial average rose more than 130 points.
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| Crude falls $3.09 to close at $127.95 a barrel (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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Sallie Maes 2Q profit falls 72 percent
9 hour(s) ago @ yahoo! news
Student lender SLM Corp., more commonly known as Sallie Mae, said Wednesday its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and...
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| Sallie Mae Q2 interest income $402.5 mln vs $398.7 mln (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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| Sallie Mae Q2 net income 50c vs $1.03 a share (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
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