- Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They - Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e - Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009
By Sarah Marsh and Noah Barkin
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German - Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who - Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an - Diddy's Sean John Line To Go Macy's Exclusively | 10 May 2010
- Apple's Siri puts voice-enabled search in spotlight | | 10 January 2012
- Two Days After U.S. Pullout, Biden Makes Surprise Visit To Iraq | 3 July 2009
- Swiss ex-minister: Polanski should've been warned | 3 October 2009
Home | News Briefs | U.S. | World | Celeb Buzz | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird & Offbeat Jan 26 Highlights Of Low Points In The U.S. Economy January 26, 2009 11:51 a.m. EST Linda Young - AHN Editor Washington, D.C. (AHN) - Monday brought news that Caterpillar was cutting 20,000 jobs as the world's largest equipment maker faces what it expects will be its worst year since WW II, along with thousnds of other jobs lost at Sprint and Pfizer, and a new survey of economists found they expect the deepening recession to worsen. It was more bad news for employed Americans hoping to hold on to their job and for unemployed Americans struggling to survive as they seek a job in an economy where few employers are hiring. President Barack Obama took note of the 43,000 layoffs at Sprint, Microsoft, Caterpillar, Home Depot and Pfizer in a Monday morning press conference telecast live, in which he called for action on his $825 billion economic stimulus package. Obama referred to those Americans now losing their jobs, along with the millions who earlier had lost their jobs, as "working men and women whose dreams have been disrupted and whose lives have been put on hold." Obama continued, saying, "These are extraordinary times and it calls for swift and extraordinary action." Obama called "dependence on oil one of highest threats to national and economic security," as he announced his economic stimulus plan before Congress was just a beginning, but would form a down payment on formulating a better policy to ensure America's energy security while saving both the government and individuals money on energy bills. And all the bad economic news, coupled with the federal government's rising indebtedness, has had an effect on the government's chief method of raising money to cover revenue shortfalls so it can continue paying bills, as the federal deficit is expected to top $1 trillion during 2009. To fund government spending, investors are expecting a flood of new Treasury notes, or bonds, into the market. The federal government borrows money to finance operations by selling Treasury bonds, then using that capital until the due date of the note when it repays the investor with interest. Buyers of Treasury notes include individuals, businesses, investment funds, U.S. city, county and state governments and foreign governments. Because the U.S. needs to sell so much in Treasury notes to help fund its budget shortfalls between revenues and expenditures, investors have become skittish that the huge increase will spark inflation. Fears of inflation make the fixed interest rate that Treasury notes pay less appealing to investors, driving down the prices of the notes, which effectively increases the interest rate, or amount of money the U.S. government will pay to borrow the money. Treasury bonds are sold as a fixed amount below their value at maturity, that difference is the amount of interest the investor will receive. Those bond prices dipped Monday. The government is set to auction, or sell, $135 billion worth of debt this week, which comes on top of the $120 billion worth of debt it marketed last week. On Monday, the government was set to auction $29 billion worth of 13-week bills, $28 billion worth of 26-week bills, and $8 billion worth of 20-year TIPS (Treasury Inflation-Protected Securities), with the remainder of the $70 billion in debt be marketed this week to be auctioned on Tuesday and Thursday. There was bad news from economists as well, in a survey released Monday. The quarterly National Association for Business Economics survey found the majority of 105 economists polled think the nation's gross domestic product will continue dropping in 2009. The survey is taken from a panel of economists at private-sector companies in various industries. Findings of the survey weren't surprising, because two-thirds of the nation's GDP is spending by individuals on consumer items that includes everything from groceries, restaurant meals, haircuts and medical care to cars and appliances. As unemployment rises, fewer Americans have paychecks that allow them to buy products and services. Only 22 percent of NABE economists think the U.S. economy will expand this year, down from 62 percent in October. Also, 52 percent think the economy will shrink by more than 1 percent this year, no one said they thought that in the October survey. Along with job losses, Monday also brought news that at least one company was considering outsourcing some jobs. Although outsourcing jobs saves companies labor costs, thus reducing operating costs, it can become a short-sighted, self-defeating strategy that eventually results in eroding customer base. Because when too many Americans lose their jobs to outsourcing they lack the money to buy products and services, which, in turn, feeds the cycle of lower revenues and more job layoffs. Some analysts say that the seeds of this recession were sown in the massive number of American jobs that have been outsourced over the past two decades. Heavy equipment manufacturer Caterpillar (NYSE: CAT) announced it will lay cut 20,000 jobs with a combination of layoffs and buyouts. The world's largest heavy equipment manufacturer warned that what began as an economic downturn in the U.S. is now a full-scale world-wide recession that has halted orders for its construction and mining equipment. Company officials predict 2009 will be its worst year for business since WW II. Caterpillar will also freeze most salaries and significantly slash total compensation of executives and senior managers. Company officials said even its energy and mining customers had joined its construction customers in not buying bulldozers, dump trucks and excavators. Sprint Nextel (NYSE: S) announced Monday it will cut 8,000 jobs by March 31 across all levels as the company faces loss of revenue from declining customer base. The cuts are in accord with the board's decision last week to slash labor costs by $1.2 billion. The company is also reportedly considering outsourcing some jobs to cut labor costs. The nation's third-largest wireless company has also suspended company contributions to 401(k) plans, the company tuition reimbursement program and pay raises through 2009. Home improvement retailer Home Depot (NYSE:HD) on Monday said that 7,000 job cuts represent 2 percent of the its workforce. The company also announced it plans to cut corporate support staff and freeze executive pay. Pharmaceutical giant New York-based Pfizer (PFE) announced 8,000 job cuts because its patent on top-selling cholesterol drug, Lipitor is expiring, it also announced it was acquiring rival Wyeth in a merger. Copyright © 2003 - 2009 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Home | News Briefs | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat © 2009 AHN Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services All Rights Reserved
Other News on Tuesday, 27 January 2009
Iraqi prime minister expects faster US pullout
US-TECH Summary
World must double food production by 2050: FAO chief
EU takes Iran opposition group off terror list
U.S. wants direct talks with Iran on atom work: envoy | International |
U.S. claims victory in WTO complaint on China piracy
Germany OKs Atlantic global warming experiment
Displaced Iraqis to cast ballots far from home
Middle East peace envoy heads to region Monday | International |
YouTube allows users to delete comments
Farmers cut Greece into three as protests intensify
Clinton picks climate envoy, in another break with Bush
Borders shut and cars banned for Iraq vote
Gunmen fire outside U.S. embassy in Yemen | International |
Fresh warnings after storm kills 26 in southern Europe
Man pleads guilty in Iran parts case
Somali insurgents take Baidoa after Ethiopians leave | International |
Iran: Men vs. women soccer game draws punishment
Darfur rebels clash with Sudan army on two fronts | International |
Germany OKs Atlantic global warming experiment
Obama to world: we will lead on climate change
Clinton picks climate envoy, in another break with Bush
Fast action needed to avoid climate chaos: study
A look at other ongoing war crimes trials
China's Year of the Ox not so bullish
U.S. claims victory in WTO complaint on China piracy | Technology |
After long wait, Cambodia seeing start of justice
Mitchell sent to Mideast to bolster Gaza truce
Row Down Under: Australia Day or Invasion Day?
Beijing's population at nearly 17 mln in 2008: state media
EU backs Guantanamo closure but wary of accepting inmates
Congress Tackles Economic Stimulus, Treasury Secretary Nomination
UN says dozens of civilians killed as Tigers flee
Obama to world: we will lead on climate change
U.S. December Home Resales Jump While Prices Fall To 70-Year Low
Democrats Welcome White House Decision To Tighten Auto Emissions Standards
More Americans Visit Libraries To Hunt For Jobs
At Least 14 States Consider Gambling Expansion, OK To Plug Budget Deficit
Gregory Wasson Appointed New Walgreens CEO
Minnesota's Senate Recount Goes To Trial Monday
Jan 26 Highlights Of Low Points In The U.S. Economy
Democratic Senator Seeks Ending Senate Appointments By Governors
House Begins Consideration Of Obama's $825 Billion Stimulus As Republicans Signal Opposition
Michael Jackson's Thriller to become musical show | Entertainment |
Michael Jackson's Thriller to become musical show | Entertainment |
Franz Ferdinand's Tonight hits shelves | Entertainment |
`Slumdog' far from underdog with SAG win
Backstage comments by SAG Award winners
Michael Jackson's "Thriller" to become musical show
Snowmobile deaths on the rise in Canada
The boom in kids' online games; lots more 'Spore'
Dance company creates an online video competition
The horror! Neil Gaiman's spooky book wins Newbery
London's West End theaters defy downturn
'Bye Bye Birdie' set for its first B'way revival
Franz Ferdinand's "Tonight" hits shelves
Fast action needed to avoid climate chaos: study
The former Cat Stevens performs song for Gaza
Study Finds Many Women Got Unnecessary Mastectomies
Historical Evidence Links Denmark's King Christian IV To Murder Of Famed Astronomer Tycho
Library Visits In The U.S. Up
Obama Staffers Shocked By Lack Of Technology In White House
Injured US soldier says he was shocked in shower
Obama says Mideast peace envoy to engage "vigorously"
Shooting outside U.S. embassy in Yemen, 3 held | International |
German coalition at loggerheads over global warming test
Health info technology saves lives, costs: study
Netanyahu would let West Bank settlements expand
With Cheney gone, Google gains sky view of VP's home
Geithner pledges quick action as US Treasury Secretary
Darfur rebels clash with Sudan army on two fronts
NY Times, local publisher reach settlement in copyright case
Bahamas paramedic charged in Travolta extortion plot
IBM to cut more than 2,800 jobs: union
Australian pension system reels from market meltdown | International |
Texas Instruments cuts 3,400 jobs
'You've got no mail' -- tech glitch hits Obama White House
MySpace, YouTube 'citizen reporters' at World Economic Forum
Ashes of "Star Trek" creator and wife rocketing to deep space
Online encyclopedia Wikipedia may tighten editing rules
Report: Some climate damage already irreversible
Obama orders push to cleaner, more efficient cars
Senate passes bill to delay digital TV switch | Technology |
German coalition at loggerheads over global warming test
U.S. claims victory in WTO complaint on China piracy | Technology |
Health info technology saves lives, costs: study | Technology |
Mother, daughter missing in Philippine floods
US military deaths in Iraq war at 4,236
Geithner wins OK for U.S. Treasury despite tax woes
Australian serial killer cuts off finger in jail
Hit Warne musical pitches up new audience to Australian theatre
CORRECTED-U.S. Marines force of 20,000 seen for Afghanistan
Japan to tourists: Please don't lick the tuna
Mitchell to 'engage vigorously' in Mideast peacemaking: Obama
UN: Civilians trapped in Sri Lanka war a crisis
Chavez: OPEC could cut output _ again
US envoy vows 'direct' nuclear diplomacy with Iran
Third Australian publisher deported from Fiji
Geithner Receives Senate Approval As Treasury Secretary
Australia backpacker killer cuts off finger
Jan 26 Highlights Of Low Points In U.S. Economy
Syria wants dialogue with US without preconditions
NKorea's Kim attends Lunar New Year concert: state media
American Express' Earnings Plummet Amid Declining Revenue
Wall Street Closes Higher On Better Housing Data
UN: Trapped civilians in Sri Lanka war a 'crisis'
Obama's Special Envoy Heads To The Middle East For Peace Talks
New Zealand cenbank governor to speak on Friday
Nokia's luxury brand Vertu to launch mobile services in Japan
WTO backs US in copyright dispute with China
Hollywood actors union ousts chief negotiator | Entertainment |
Finance crisis claims another 85,000 jobs
Bahamas medic charged in Travolta extortion plot | Entertainment |
McCartney, Radiohead to perform during Grammys | Entertainment |
Janet Jackson postpones shows in Japan | Entertainment |
Oasis, Kings of Leon lead NME music nominations | Entertainment |
McCartney, Vedder sign on for NYC benefit | Entertainment |
Buddy Holly not fading away, 50 years after death | Entertainment |
Star Trek creator and wife's ashes space-bound | Entertainment |
U.K. Study Links Active Sex Life While Young To Prostate Cancer
Hollywood actors union ousts chief negotiator
Bahamas paramedic charged in Travolta extortion plot
Hollywood actors union ousts chief negotiator
McCartney, Vedder sign on for NYC benefit
McCartney, Radiohead to perform during Grammys
Gene Roddenberry, wife to spend eternity in space
Music Review: The Bird & the Bee still buzz-worthy
Outspoken Owens to feature in reality TV show
Bahamas paramedic charged in Travolta extortion plot
Oasis, Kings of Leon lead NME music nominations
Weaver says 'Prayers' for Lifetime
"Star Trek" creator and wife's ashes space-bound
Pakistan should exploit US missile strikes, say analysts
65 hospitalised for toxic fumes at French church: officials
Apple wins patent for iPhone touch-screen controls
Zimbabwe opposition disappointed with summit | International |
Obama begins teardown of Bush climate policy
Top Brazilian prosecutor urges end to Battisti case
Caviar days are over for Davos crisis debate
Fears for civilians as Sri Lanka troops, Tigers fight | International |
More Rohingya land in Thailand, allege Burma abuse | International |
Israel soldier killed, 3 wounded in Gaza blast: TV | International |
Obama begins teardown of Bush climate policy
Obama calls on Iran to 'unclench' fist
Octuplets stun doctors at California hospital
China vows copyright cooperation after WTO case
Captives in Philippines say they are okay
Oil hovers above $46 as OPEC cuts, demand weighed
Fiji's leader defies democracy meeting
U.S. claims victory in WTO complaint on China piracy | Technology |
Australia police carpeted over "racist" video
Ice Storm Causes 5 Traffic Deaths, Power Outage In Oklahoma, Texas
Officials confirm talks on Japanese whaling deal
Rare Octuplets Born To California Mom
SKorea to deploy remote-controlled mines: official
Microsoft's Latest Internet Browser Out
Three killed in Thai south: police
Gunmen Arrested For Shooting Near U.S. Embassy In Yemen
Pacific leaders gather over action against Fiji military regime
Rice Sets 'Vigorous,' 'Direct' Diplomacy With Iran Over Nuke Program
Japan's Nomura posts 3.8 billion dollar loss in Q3
Nomura posts record 3Q loss amid global turmoil
Japan's Fujitsu scraps HDD head business
Nomura posts massive 3Q loss amid global turmoil
Tokyo stocks surge five percent
Japan to inject public funds into companies
Yamaha says it is to recall 53,814 bikes
SKorea sets aside 2.9 bln dlrs in emergency funds
Japan Golf Tour pulls out of Australian-led 'super series'
Honda cuts output by 50,000
'80s miniseries V being updated as series pilot | Entertainment |
Hollywood actors' union director steps down: report
Near-Final Version Of Internet Explorer 8 Out
'80s miniseries "V" being updated as series pilot
CORRECTED: Hollywood actors union ousts chief negotiator
London squatters live like lords in abandoned mansions
Citing crisis, Janet Jackson cancels Japan tour
Threats and tears fail to tame Afghan diva's dream
Hollywood actors' union director steps down: report
'80s miniseries "V" being updated as series pilot
Lil Wayne to perform single live for Facebook
Jury to visit Spector's home in 2nd murder trial
SAG board ousts embattled negotiator Doug Allen
Marvel sued for $750M in movie profits
California Mom Gives Birth To 6 Girls, 2 Boys
Gaza truce breached after Israeli soldier killed
Israeli soldier killed, Gaza truce breached | International |
Iranian rebels kill a dozen policemen: judiciary
German rail workers to stage warning strikes: unions
China vows copyright cooperation after WTO case
Deadly flare-up in Gaza
Iceland parties in coalition talks with president | International |
Asian chip makers to gain from Qimonda's troubles
Bahamian Paramedic Formally Charged Over Alleged Extortion Plot Against John Travolta
US vows 'direct' nuclear diplomacy with Iran
Belgian nursery killer suspect's detention confirmed | International |
Obama lobbies for stimulus as economy clouds darken
Religion or vote? Iraq Shi'ites wrestle with choice
U.N. rights boss decries abuses in Congo | International |
Global warming 'irreversible' for next 1000 years: study
Religion or vote? Iraq Shi'ites wrestle with choice | International |
California woman makes history with healthy octuplets
N.Ireland compensation scheme causes row | International |
Somali Islamists to rule by sharia law in Baidoa | International |
Global warming 'irreversible' for next 1000 years: study
Tajikistan rations power supplies to capital city
Woman to appear on SKorean banknote for 1st time
Blowfish poison scare returns to Japan
Fiji leader told to hold elections this year
Asian chip makers to gain from Qimonda's troubles | Technology |
Afghan police: 5 Taliban killed in gunbattle
Oil rises above $46 as OPEC cuts, demand weighed
Officials confirm talks on Japanese whaling deal
China vows copyright cooperation after WTO case | Technology |
Oil rises above $47 as OPEC cuts, demand weighed
S. Pacific leaders demand a vote in Fiji this year
Doubts over "Pakistan militants" foiled by India
Thailand detains 78 more Rohingya migrants
Bomb wounds 2 policemen in southern Afghanistan
Japan passes contentious stimulus budget
Japan to inject funds into firms, hand out cash
Kazakhstan to boost liquidity at major banks
India central bank lowers growth forecast, keeps rates steady
Woman to appear on SKorean banknote for 1st time
China 'regrets' WTO ruling but vows cooperation on IPR
SKorea allocates $2.87 bln as emergency funds
Cambodia cuts bank reserve requirements
Indonesia seeks access to Guantanamo terror suspect
US-ENTERTAINMENT Summary
Hollywood actors union ousts chief negotiator
US-ENTERTAINMENT Summary
Hollywood actors union ousts chief negotiator
Netrebko and Villazon disappoint in Met's "Lucia"
Photographer Sues David Beckham And Bodyguard For Assault
First batch of extra U.S. troops in east Afghanistan | International |
Outsourcing faces new era of scrutiny: Eric Auchard
Iran expecting 'concrete' change under Obama
UN fears Congo-Rwanda operation may spark abuses | International |
Gunmen burn ballot station before Iraq vote
UN chief warns more could go hungry in crisis year | International |
France asks Syria to help free Israeli soldier | International |
Russian Church meets to elect new leader | International |
Don't reinterpret WW2, Russia tells neighbors | International |
High-risk riches for Mexico's narco wives | International |
Rockefeller fund to help Asia endure hotter planet
Quarter of a million 'trapped in Sri Lanka bloodshed'
Thailand detains 78 more migrants caught at sea
Outsourcing faces new era of scrutiny: Eric Auchard | Technology |
Thailand detains 78 more Myanmar boat people: police
powered by
Custom Search
Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
Tuesday, 27 January 2009 - Jan 26 Highlights Of Low Points In The U.S. Economy