Member 2914


"Baby boomers" may still outlive assets (Reuters)

15-07-2008 07h29
Reuters - Even baby boomers who prune spending when they retire risk outliving their assets as they likely will live longer and experience volatile rates of both inflation and investments, a new study said on Monday.

Gitmo video offers glimpse of interrogations (AP)

16-07-2008 00h38
AP - A 16-year-old captured in Afghanistan and held at Guantanamo Bay sobs during his questioning, holding up his wounded arms and begging for help in a video released Tuesday that provided the first glimpse of interrogations at the U.S. military prison.

GM to cut salaried workers, production, dividend (AP)

16-07-2008 00h03
AP - General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.

Jessica King out, Comfort Fedoke in on 'Dance' (AP)

15-07-2008 20h11
AP - Jessica King is out and Comfort Fedoke is getting another shot on "So You Think You can Dance," Fox TV said Monday.

Bernanke: economy faces 'numerous difficulties' (AP)

16-07-2008 00h47
AP - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing "numerous difficulties" including persistent strains in financial markets, rising joblessness and housing problems — despite the Fed's aggressive interest rate reductions and other fortifying steps.

Women arrested in sex competition (Reuters)

14-07-2008 21h58
Reuters - Nine British women were facing prostitution charges after being arrested at the weekend for taking part in an oral sex competition in the Greek holiday island of Zakynthos, police said on Monday.

Euro hits record high 1.6038 dollars (AFP)

15-07-2008 18h32
AFP - The European single currency leapt to a record high above 1.60 dollars here on Tuesday as investor fears grew over the state of the US economy and its financial services sector, dealers said.

Wholesale prices soar in June; Sales are sluggish (AP)

16-07-2008 00h14
AP - The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising prices for food and fuel.

Obama: Iraq distracting from every other threat (AP)

16-07-2008 01h17
AP - Sen. Barack Obama said Tuesday that overall U.S. interests have been hurt rather than helped by the Bush administration's decision to increase troop strength in Iraq 18 months ago, and vowed to stick to his plan to withdraw combat troops within 16 months of becoming president.
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