| Business News |
House passes housing bill; Bush lifts veto threat
(Reuters)
Reuters - The House of Representatives passed
a massive housing rescue bill on Wednesday while the White
House dropped a threat to veto it, paving the way for measures
aimed at shoring up the worst U.S. housing market since the
Great Depression.
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Amazon profit, sales above view and shares rise
(Reuters)
Reuters - Amazon.com Inc said on
Wednesday quarterly profit doubled and sales grew 41 percent,
indicating to Wall Street that many cost-conscious shoppers are
heading online to save money in a tough economy.
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SemGroup gets court OK for initial bankruptcy motions
(Reuters)
Reuters - SemGroup LP, an Oklahoma-based oil
trading services company, on Wednesday said it received
approval from the Bankruptcy Court for its initial motions
related to its bankruptcy.
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Microsoft exec who led Yahoo bid leaving company
(Reuters)
Reuters - Microsoft Corp said on
Wednesday that Kevin Johnson, who as president of Microsoft's
largest business division spearheaded the company's pursuit of
Yahoo Inc , is leaving the software maker.
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China's Zhongxing in talks with GM, FAW: source
(Reuters)
Reuters - China's Hebei Zhongxing Automobile Co
is in talks with General Motors and major Chinese
automaker FAW Group to explore opportunities for cooperation,
including equity ties, a source close to the situation said on
Thursday.
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Sluggish Economy Slows 'Somewhat' As Oil Squeezes Spending, Fed Reports
(Investor's Business Daily)
Investor's Business Daily - The economy has slowed "somewhat" as rising energy prices and the credit crunch force consumers to cut back, the Federal Reserve said Wednesday.
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| FIA to investigate Istanbul dog incident - 13, May 2008 |
By Alan Baldwin
LONDON (Reuters) - Turkish Grand Prix organizers could face sanctions after two stray dogs ran onto the Istanbul track and one was hit by Brazilian Bruno Senna's car during a support race on Sunday.
"This was a serious lapse in circuit security and safety," an International Automobile Federation (FIA) spokesman said on Monday.
"How could such a thing happen at an almost brand new Formula One track?
"The FIA Safety Commission will hold a full investigation into the matter which may then be referred to the world council," he added.
Asked about possible consequences for the circuit, which made its grand prix debut in 2005 and is now managed by Formula One supremo Bernie Ecclestone, the spokesman said: "Sanctions cannot be ruled out at this stage."
Senna, nephew of the triple Formula One world champion Ayrton who died in an accident at Imola in May 1994, ran over one of two dogs on the track during a GP2 race at the Istanbul Park circuit.
The 24-year-old, who had come over the brow of a hill and had only a fraction of a second to react, was lucky to escape serious injury with the impact breaking his front right suspension.
Had he hit the animal head-on, the consequences could have been far more serious for the driver.
(c) 2008 Reuters
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| Other news from Sport category: |
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SINGAPORE (Reuters) - The agent of U.S. Olympic swimmer Jessica Hardy leapt to her defense on Thursday after media reports said she had tested positive for a banned substance.
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LOS ANGELES (Reuters) - Top seed Jelena Jankovic overcame some early jitters before battling to a 7-5 6-2 victory over Vania King at the Los Angeles Classic on Wednesday, the Serb advancing to the third round on a day of several upsets.
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LONDON (Reuters) - Paul Hamm discovered the true meaning of the saying 'all that glitters is not gold' at the Athens Olympics.
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LONDON (Reuters) - A few weeks before the 1988 Seoul Olympic Games, Ben Johnson's race against Carl Lewis over 100 meters in Zurich was one of the most eagerly awaited sporting events of the year.
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TORONTO (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.
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NEW YORK (Reuters) - The New York Yankees extended their winning streak to six games by beating the Minnesota Twins 5-1 on Wednesday to complete a sweep of their three-game series at Yankee Stadium.
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NEW YORK (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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WASHINGTON (Reuters) - Cyclist and testicular cancer survivor Lance Armstrong joined forces with four former U.S. surgeons general on Wednesday to urge Americans to do more to prevent cancer and get recommended screening tests.
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L'ALPE D'HUEZ, France (Reuters) - Spaniard Carlos Sastre seized the Tour de France yellow jersey with victory in the last mountain stage on Wednesday but looked incapable of preventing Cadel Evans from winning the race.
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TORONTO (Reuters) - After battling punishing conditions at the British Open, Canadians Mike Weir and Stephen Ames face another daunting challenge in trying to end a 54-year drought for home players at the Canadian Open.
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