Soft-Go.Com - News Archive - Page: 72
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Qaeda's Zawahri vows revenge over Libi killing: Web - 28, Feb 2008
DUBAI (Reuters) - Al Qaeda's second-in-command Ayman al-Zawahri vowed revenge for the killing of a top group commander in a suspected U.S. attack in Pakistan, speaking in a video posted on the Internet on Wednesday.
Read article Qaeda's Zawahri vows revenge over Libi killing: Web | Find news in HotNews
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Conservative writer William Buckley dead at 82 - 28, Feb 2008
NEW YORK (Reuters) - Writer and commentator William F. Buckley, the patrician intellectual credited with founding the modern conservative movement in U.S. politics, died on Wednesday at age 82.
Read article Conservative writer William Buckley dead at 82 | Find news in HotNews
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Sen. Reid to defy Bush on foreclosure rescue plan - 28, Feb 2008
WASHINGTON (Reuters) - U.S. Senate Majority Leader Harry Reid said on Wednesday he planned to defy a threatened White House veto and try to win passage of a bill to curb rising home foreclosures by changing bankruptcy law.
Read article Sen. Reid to defy Bush on foreclosure rescue plan | Find news in HotNews
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Bets are off--casinos feel economic pinch - 28, Feb 2008
NEW YORK/LOS ANGELES (Reuters) - Casinos, generally seen as recession-proof, are beginning to feel the pain of the slowing U.S. economy.
Read article Bets are off--casinos feel economic pinch | Find news in Business
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Dollar tumbles to record lows, recession risks mount - 28, Feb 2008
NEW YORK (Reuters) - The dollar dropped to all-time lows against the euro and a basket of currencies on Wednesday after Federal Reserve Chairman Ben Bernanke signaled further interest rate cuts in the fight to avert a U.S. recession.
Read article Dollar tumbles to record lows, recession risks mount | Find news in Business
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McCain and Obama tangle over Iraq pullout - 28, Feb 2008
TYLER, Texas (Reuters) - Republican John McCain and Democrat Barack Obama faced off on Wednesday in a possible prelude to a U.S. presidential election battle, tangling over whether Iraq would be prey for al Qaeda if U.S. troops are withdrawn.
Read article McCain and Obama tangle over Iraq pullout | Find news in HotNews
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Freddie, Fannie caps lifted - 28, Feb 2008
NEW YORK (Reuters) - The government on Wednesday lifted limits on the amount the two largest mortgage finance companies can invest in home loans, a move that could unleash billions more dollars to stabilize the housing market and fend off a possible reces
Read article Freddie, Fannie caps lifted | Find news in Business
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U.S. home sales, goods orders feed recession fears - 28, Feb 2008
WASHINGTON (Reuters) - Sales of new U.S. single-family homes slumped to a 13-year low in January and demand for long-lasting goods declined more than expected, government data showed on Wednesday, fueling fears of a recession.
Read article U.S. home sales, goods orders feed recession fears | Find news in Business
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MBIA CEO sees Moody's, S&P done for 12-18 mos - 28, Feb 2008
NEW YORK (Reuters) - MBIA Inc Chief Executive Jay Brown on Wednesday said he does not expect rating agencies Moody's Investors Service and Standard & Poor's to take any action on the company's ratings for up to 18 months.
Read article MBIA CEO sees Moody's, S&P done for 12-18 mos | Find news in Business
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Buffett letter may hint at bond plan, succession - 28, Feb 2008
NEW YORK (Reuters) - Warren Buffett's annual letter to Berkshire Hathaway Inc shareholders may hint at what's next in his bold foray into bond insurance but is unlikely to give specifics on his search for a successor.
Read article Buffett letter may hint at bond plan, succession | Find news in Business
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Dow, S&P near flat after rally fades - 28, Feb 2008
NEW YORK (Reuters) - The Dow and S&P 500 ended little changed on Wednesday after a rally fizzled when doubts emerged that lifting investment caps on the two largest home financing companies was enough to prevent deeper damage to the housing market.
Read article Dow, S&P near flat after rally fades | Find news in Business
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Bernanke says Fed prepared to help U.S. economy - 28, Feb 2008
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday signaled a readiness to cut interest rates again to prevent further damage to the weak U.S. economy, even as he took note of rising inflation risks.
Read article Bernanke says Fed prepared to help U.S. economy | Find news in Business
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New York Times's About.com chief to leave - 28, Feb 2008
NEW YORK (Reuters) - The chief executive of About.com, an online division of The New York Times Co, will leave the company next week amid a campaign by activist shareholders to accelerate the publisher's digital transition.
Read article New York Times's About.com chief to leave | Find news in Internet
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Make money by investing in your musical taste - 28, Feb 2008
LONDON (Reuters) - The digital revolution might be making it harder for record labels and retailers to make money out of music, but the decline in album sales has spawned a new type of investment that is attracting fans and investment banker types alike.
Read article Make money by investing in your musical taste | Find news in Internet
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Robot as good as real dog at easing lonely hours - 28, Feb 2008
CHICAGO (Reuters) - A friendly dog can make older people feel less isolated -- and it appears to make little difference if that wagging tail belongs to a robot doggie or the real thing.
Read article Robot as good as real dog at easing lonely hours | Find news in Technology
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Apple affirms iPhone target - 28, Feb 2008
SAN FRANCISCO (Reuters) - Apple Inc affirmed on Wednesday its iPhone sales goal for this year and said it will give details next week of how outside programmers can create software for its iPhone, a move expected to spur demand for the multifunction devi
Read article Apple affirms iPhone target | Find news in Technology
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Satellite radio in limbo as merger stalls - 27, Feb 2008
LOS ANGELES (Hollywood Reporter) - Sirius Satellite Radio CEO Mel Karmazin has more than just a stalled merger with XM Satellite on his mind. He's also wondering what it's going to cost to keep his star talker, Howard Stern, on board.
Read article Satellite radio in limbo as merger stalls | Find news in Entertainment
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Indonesia pledges new cash as mud engulfs more land - 27, Feb 2008
JAKARTA (Reuters) - Indonesia plans to set aside an additional 700 billion rupiah ($77 million) to compensate thousands more people whose homes are threatened by a mud volcano in East Java province, a minister said on Wednesday.
Read article Indonesia pledges new cash as mud engulfs more land | Find news in Science
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China says Yao to have surgery as soon as possible - 27, Feb 2008
BEIJING (Reuters) - China center Yao Ming will have surgery on his fractured foot as soon as possible, although the national team already have plans to tackle the Olympics without him, Chinese basketball officials said on Wednesday.
Read article China says Yao to have surgery as soon as possible | Find news in Sport
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India targets rapid growth in golf - 27, Feb 2008
NEW DELHI (Reuters) - India plans to capitalize on a growing pool of local talent and the nation's booming economy to play a bigger role in Asian golf, a senior golf official said on Wednesday.
Read article India targets rapid growth in golf | Find news in Sport
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New WADA chief seeks greater government support - 27, Feb 2008
LAUSANNE, Switzerland (Reuters) - The new president of the World Anti-Doping Agency (WADA) John Fahey has urged governments to speed up the implementation of anti-doping legislation.
Read article New WADA chief seeks greater government support | Find news in Sport
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Australian Scott weighs up chances of challenging Woods - 27, Feb 2008
GURGAON, India (Reuters) - Australia's Adam Scott is convinced he can challenge world number one Tiger Woods although he believes nobody can push the American on a regular basis.
Read article Australian Scott weighs up chances of challenging Woods | Find news in Sport
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Musharraf's rivals vow to banish army from politics - 27, Feb 2008
ISLAMABAD (Reuters) - Pakistani opposition parties which inflicted a crushing defeat on President Pervez Musharraf's allies in last week's election vowed on Wednesday to banish the military from politics.
Read article Musharraf's rivals vow to banish army from politics | Find news in HotNews
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Heathrow protesters scale British parliament roof - 27, Feb 2008
LONDON (Reuters) - Protesters scaled the roof of Britain's parliament in a major security breach on Wednesday and threatened further direct action against government plans to expand London's Heathrow airport.
Read article Heathrow protesters scale British parliament roof | Find news in HotNews
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Rockets win 13th straight despite Yao injury - 27, Feb 2008
HOUSTON (Reuters) - The Houston Rockets overcame the loss of All-Star center Yao Ming to a season-ending foot injury on Tuesday to record their 13th straight victory with a 94-69 home rout of the Washington Wizards.
Read article Rockets win 13th straight despite Yao injury | Find news in Sport
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Dutch lawmaker says anti-Koran film almost finished - 27, Feb 2008
AMSTERDAM (Reuters) - A politician making an anti-Koran film that has stirred Muslim outrage, brought him death threats and alarmed the Dutch government said on Wednesday the movie would be finished this week.
Read article Dutch lawmaker says anti-Koran film almost finished | Find news in HotNews
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Kidnapped U.S. aid worker and Afghan driver feared dead - 27, Feb 2008
KABUL (Reuters) - An American woman aid worker and her local driver who were abducted in Afghanistan may have been killed, foreign groups said.
Read article Kidnapped U.S. aid worker and Afghan driver feared dead | Find news in HotNews
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Rice hints at movement on North Korea nuclear issue - 27, Feb 2008
TOKYO (Reuters) - Secretary of State Condoleezza Rice on Wednesday hinted at progress toward ending North Korea's nuclear ambitions and left a senior aide in Beijing to discuss the matter with Chinese officials.
Read article Rice hints at movement on North Korea nuclear issue | Find news in HotNews
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Patched up U.S. embassy reopens in Belgrade - 27, Feb 2008
BELGRADE (Reuters) - The United States embassy in Belgrade reopened on Wednesday, its windows cracked and facade blackened from a fire that Serbs started last week in protest against U.S. support for Kosovo's independence.
Read article Patched up U.S. embassy reopens in Belgrade | Find news in HotNews
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HBOS hit as mortgage margins fall - 27, Feb 2008
LONDON (Reuters) - Britain's biggest mortgage lender, HBOS Plc, posted a 3 percent rise in annual profit, just short of analysts' expectations, as margins in its core retail business were hit, sending its shares lower.
Read article HBOS hit as mortgage margins fall | Find news in Business
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Help hard to get for troubled home owners - 27, Feb 2008
DETROIT (Reuters) - As the housing crisis deepens, major lenders say they will help borrowers avoid foreclosure, but nonprofit groups and others say their actions are not living up to their promises.
Read article Help hard to get for troubled home owners | Find news in HotNews
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UBS head asks shareholders to ok cap injection - 27, Feb 2008
BASEL (Reuters) - UBS chairman Marcel Ospel, braving investor fury over huge subprime losses, said it was "absolutely necessary" for shareholders to back a 13 billion Swiss franc ($11.94 billion) capital injection from Singapore and an unidentified Middle
Read article UBS head asks shareholders to ok cap injection | Find news in Business
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Oil hits new peak as commodities boom - 27, Feb 2008
LONDON (Reuters) - Oil powered to a new record above $102 a barrel on Wednesday, closing in on its inflation-adjusted peak, as a slumping dollar on lacklustre U.S. economic data triggered a surge across commodities markets.
Read article Oil hits new peak as commodities boom | Find news in Business
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Toll Brothers posts loss after writedowns - 27, Feb 2008
NEW YORK (Reuters) - Toll Brothers Inc , the largest U.S. luxury home builder, on Wednesday reported a quarterly loss after recording heavy writedowns during its fiscal first quarter.
Read article Toll Brothers posts loss after writedowns | Find news in Business
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Dollar remains near record lows - 27, Feb 2008
NEW YORK (Reuters) - The dollar hovered near record lows on Wednesday as unexpectedly weak data showed orders for long lasting U.S.-made goods fell the most in five months, cementing expectations for further U.S. interest rate cuts.
Read article Dollar remains near record lows | Find news in Business
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Fannie Mae posts $3.6 billion loss - 27, Feb 2008
NEW YORK (Reuters) - Fannie Mae , the largest provider of financing for U.S. home loans, on Wednesday reported a $3.6 billion quarterly loss as the housing slump deepened, sending its shares to a 12-year low.
Read article Fannie Mae posts $3.6 billion loss | Find news in Business
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Famous pals belt it out in Kimmel-Affleck clip - 27, Feb 2008
LOS ANGELES (Billboard) - Never has an expression of love been so public -- or featured so many guys in cutoff jeans shorts -- or been so damn sincere.
Read article Famous pals belt it out in Kimmel-Affleck clip | Find news in Internet
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Canon to buy quarter of Hitachi LCD panel unit - 27, Feb 2008
TOKYO (Reuters) - Japanese camera and office equipment maker Canon Inc said it would pay $403 million for a quarter stake in Hitachi Ltd's LCD panel business to get its own supply of parts for its cameras and copiers.
Read article Canon to buy quarter of Hitachi LCD panel unit | Find news in Technology
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EU fines Microsoft record $1.35 billion - 27, Feb 2008
BRUSSELS (Reuters) - Microsoft was fined a record 899 million euros ($1.35 billion) by the European Commission on Wednesday for using high prices to discourage software competition in the latest sanction in their long-running battle.
Read article EU fines Microsoft record $1.35 billion | Find news in Technology
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Microsoft enters virtualization with Windows server - 27, Feb 2008
SEATTLE (Reuters) - Microsoft Corp released the latest version of its Windows operating system for powerful servers on Wednesday, thrusting itself into the red-hot market for virtualization technology that allows one computer to act like many machines.
Read article Microsoft enters virtualization with Windows server | Find news in Technology
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Study sheds light on parental instinct - 27, Feb 2008
LONDON (Reuters) - The parental bond may be all in the mind, according to a study published on Wednesday that pinpoints a possible region of the brain key to an instinctive desire to care for and nurture infants.
Read article Study sheds light on parental instinct | Find news in Science
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Argentine firm to export bovine genetics to China - 27, Feb 2008
BUENOS AIRES (Reuters) - Argentina, a country famous for its steaks, will start exporting bovine genetics this year to China, which is trying to improve its meat production as consumption surges.
Read article Argentine firm to export bovine genetics to China | Find news in Science
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India looks at sporting life beyond cricket - 27, Feb 2008
MUMBAI, India (Reuters) - Cricket is not the only sport in India -- that is the message that Olympic officials in the country of 1.1 billion people are trying to get across.
Read article India looks at sporting life beyond cricket | Find news in Sport
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Sydney paparazzo loses Nicole Kidman court case - 27, Feb 2008
SYDNEY (Reuters) - A Sydney paparazzo lost a defamation case on Wednesday against an Australian newspaper that said he wanted to "wreak havoc" on actress Nicole Kidman's private life with the court agreeing he was a "cowboy."
Read article Sydney paparazzo loses Nicole Kidman court case | Find news in Entertainment
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Film and television writers approve contract - 27, Feb 2008
LOS ANGELES (Reuters) - Film and television writers, whose months-long strike crippled U.S. television production until it ended earlier this month, have overwhelmingly approved a new contract with major producers, the writers' union said on Tuesday.
Read article Film and television writers approve contract | Find news in Entertainment
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Britney Spears case to stay in California court - 27, Feb 2008
LOS ANGELES (Reuters) - A federal judge on Tuesday ruled the case of pop singer Britney Spears' conservatorship should remain in a California court, effectively allowing the troubled performer's father to keep control of her affairs.
Read article Britney Spears case to stay in California court | Find news in Entertainment
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Yao Ming to miss remainder of season with ankle injury - 27, Feb 2008
HOUSTON (Reuters) - Houston Rockets All-Star center Yao Ming will miss the rest of the season with a stress fracture in his left foot, dealing a crippling blow to the club in its postseason push, the team said on Tuesday.
Read article Yao Ming to miss remainder of season with ankle injury | Find news in Sport
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Williams stunned by Czech teenager in Memphis - 27, Feb 2008
NEW YORK (Reuters) - Top seed Venus Williams was stunned in the first round of the Memphis International by Czech qualifier Petra Kvitova on Tuesday, the 17-year-old left-hander rallying to defeat the defending champion 2-6 6-4 6-3.
Read article Williams stunned by Czech teenager in Memphis | Find news in Sport
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Bruins hand Senators second straight shutout loss - 27, Feb 2008
BOSTON (Reuters) - The Boston Bruins played no part in a busy trade deadline day, saving their energy to register a fourth straight victory with a 4-0 home blanking of the fading Ottawa Senators on Tuesday.
Read article Bruins hand Senators second straight shutout loss | Find news in Sport
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Penguins beat trade deadline to snap up Marian Hossa - 27, Feb 2008
TORONTO (Reuters) - The Pittsburgh Penguins made the biggest splash on the NHL's trade deadline day by snapping up Marian Hossa from the Atlanta Thrashers, while Dallas and San Jose also pulled the trigger on major deals.
Read article Penguins beat trade deadline to snap up Marian Hossa | Find news in Sport
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Michael Jackson faces forced sale of Neverland - 27, Feb 2008
LOS ANGELES (Reuters) - Michael Jackson's famed Neverland Valley Ranch in California will be foreclosed and sold on March 19 unless the pop star pays a balance of nearly $25 million, property records showed on Tuesday.
Read article Michael Jackson faces forced sale of Neverland | Find news in HotNews
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Two million lose power as outage strikes Florida - 27, Feb 2008
MIAMI (Reuters) - A massive blackout struck parts of Florida on Tuesday, knocking out power to millions of people as it snarled traffic at intersections and trapped residents in elevators across the state.
Read article Two million lose power as outage strikes Florida | Find news in HotNews
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Hill stays in Beijing to work on N.Korea issue - 27, Feb 2008
TOKYO (Reuters) - The top U.S. negotiator with North Korea stayed in Beijing for an extra day on Wednesday to work on reviving the stalled effort to persuade Pyongyang to give up its nuclear programs, the U.S. State Department said.
Read article Hill stays in Beijing to work on N.Korea issue | Find news in HotNews
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Anemia drugs up death risk in cancer patients: study - 27, Feb 2008
CHICAGO (Reuters) - Treating cancer patients with anemia drugs increases their risk of blood clots and death, U.S. researchers said on Tuesday, confirming concerns about these widely used drugs.
Read article Anemia drugs up death risk in cancer patients: study | Find news in HotNews
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New York Phil gets muted reaction in North Korea media - 27, Feb 2008
PYONGYANG (Reuters) - The unprecedented concert of the New York Philharmonic made the world's front pages on Wednesday, but in North Korea merited only brief mention in the main communist daily.
Read article New York Phil gets muted reaction in North Korea media | Find news in HotNews
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Quake shakes Britain, no deaths reported - 27, Feb 2008
LONDON (Reuters) - An earthquake with a magnitude of 5.2 shook parts of Britain on Wednesday but officials said there were no reports of anyone being killed or serious damage.
Read article Quake shakes Britain, no deaths reported | Find news in HotNews
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Obama and Clinton clash in testy debate - 27, Feb 2008
CLEVELAND (Reuters) - Democrats Barack Obama and Hillary Clinton clashed sharply in a high-stakes one-on-one debate on Tuesday, accusing each other of falsely portraying their stances on health care, trade and other issues.
Read article Obama and Clinton clash in testy debate | Find news in HotNews
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Pentagon OKs charges against Guantanamo prisoner - 27, Feb 2008
WASHINGTON (Reuters) - The Pentagon on Tuesday approved war crimes charges against a Yemeni Guantanamo prisoner it says was a "media director" for al Qaeda leader Osama bin Laden.
Read article Pentagon OKs charges against Guantanamo prisoner | Find news in HotNews
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Westfield profit rises, sees U.S. malls holding up - 27, Feb 2008
MELBOURNE (Reuters) - Westfield Group, the world's top shopping mall owner, said it expected income from the U.S. malls that make up half of its global properties to hold up despite weaker retail conditions, helping its shares rise.
Read article Westfield profit rises, sees U.S. malls holding up | Find news in Business
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DreamWorks waiting for cue from Toshiba on Blu-ray - 27, Feb 2008
LOS ANGELES (Reuters) - DreamWorks Animation SKG Inc said on Tuesday it was locked in an exclusive deal to distribute DVDs on Toshiba Corp's HD DVD format even though the Japanese electronics maker plans to quit the technology.
Read article DreamWorks waiting for cue from Toshiba on Blu-ray | Find news in Technology
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Dollar slumps to record low beyond $1.50 to euro - 27, Feb 2008
TOKYO (Reuters) - The dollar hit a record low beyond $1.50 to the euro on Wednesday after surprisingly weak U.S. data and comments by the Federal Reserve's No. 2 official reinforced views that the central bank will keep cutting interest rates.
Read article Dollar slumps to record low beyond $1.50 to euro | Find news in Business
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Sony to own one-third of Sharp's $3.5 billion LCD plant - 27, Feb 2008
TOKYO (Reuters) - Sony Corp said it would take a one-third stake in Sharp Corp's $3.5 billion LCD panel plant set for completion by March 2010, in an effort to meet fast-growing demand for flat televisions.
Read article Sony to own one-third of Sharp's $3.5 billion LCD plant | Find news in Technology
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Samsung finalizing LCD line talks with Sony: source - 27, Feb 2008
SEOUL (Reuters) - Samsung Electronics Co Ltd is in the final stages of talks with Sony Corp to jointly build a new LCD panel production line and the two may cooperate on another, bigger line, a Samsung source said on Wednesday.
Read article Samsung finalizing LCD line talks with Sony: source | Find news in Technology
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Breast cancer gene carriers need dual screening - 27, Feb 2008
NEW YORK (Reuters Health) - Among women with BRCA1 gene mutations, which are known to increase the risk of breast cancer, annual screening with both mammography and MRI is associated with better survival when compared with screening with either method alo
Read article Breast cancer gene carriers need dual screening | Find news in Science
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North Korea invites Eric Clapton to play Pyongyang - 27, Feb 2008
LONDON (Reuters) - North Korea invited guitar legend Eric Clapton to play in its capital, the communist country's embassy in London said on Tuesday as the New York Philharmonic gave a historic performance in the hermit state.
Read article North Korea invites Eric Clapton to play Pyongyang | Find news in Entertainment
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Rolling Stone India looks at Bollywood and rock - 27, Feb 2008
NEW YORK (Reuters) - Music lovers' magazine Rolling Stone will hit newsstands in India this week with a local edition that dedicates pages to the sounds of Bollywood as well as old fashioned rock and roll.
Read article Rolling Stone India looks at Bollywood and rock | Find news in Entertainment
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Comcast dispute with NFL sent back to trial court - 27, Feb 2008
NEW YORK (Reuters) - A New York state appeals court on Tuesday overturned a ruling that said Comcast Corp could distribute the National Football League's 24-hour football television network as part of a premium package of sports cable channels.
Read article Comcast dispute with NFL sent back to trial court | Find news in Sport
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Norman and Couples named 2009 Presidents Cup captains - 27, Feb 2008
MIAMI (Reuters) - Former world number ones Greg Norman and Fred Couples have been named captains for the Internationals and the United States at the 2009 Presidents Cup, the PGA Tour said on Tuesday.
Read article Norman and Couples named 2009 Presidents Cup captains | Find news in Sport
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Ernie Els in upbeat mood for Palm Beach Gardens - 27, Feb 2008
MIAMI (Reuters) - Ernie Els is eager to bounce back to form at this week's Honda Classic in Palm Beach Gardens after suffering a nightmare first-round exit at the WGC-Accenture Match Play Championship six days ago.
Read article Ernie Els in upbeat mood for Palm Beach Gardens | Find news in Sport
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Penguins swoop for Marian Hossa as trade window closes - 27, Feb 2008
TORONTO (Reuters) - The Pittsburgh Penguins acquired sniper Marian Hossa from the Atlanta Thrashers in a blockbuster deal completed in the final minutes before the NHL trade deadline on Tuesday.
Read article Penguins swoop for Marian Hossa as trade window closes | Find news in Sport
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Qaeda influence grows on Afghan/Pakistani frontier - 27, Feb 2008
WASHINGTON (Reuters) - Al Qaeda appears to be increasing its influence among Islamist militant groups along Afghanistan's border with Pakistan, with offers of money, training and other assistance, U.S. experts say.
Read article Qaeda influence grows on Afghan/Pakistani frontier | Find news in HotNews
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Army aims to cut Iraq tours in summer: general - 27, Feb 2008
WASHINGTON (Reuters) - The U.S. Army aims to cut the length of deployments to Iraq and Afghanistan this summer, its top general said on Tuesday, as commanders seek to reduce severe war strains on the force.
Read article Army aims to cut Iraq tours in summer: general | Find news in HotNews
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Massive power outage hits millions in Florida - 27, Feb 2008
MIAMI (Reuters) - A massive power outage struck parts of Florida on Tuesday, knocking out electricity to millions of people, snarling traffic at intersections and trapping residents in elevators.
Read article Massive power outage hits millions in Florida | Find news in HotNews
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Target profit down, cautious on first half '08 - 27, Feb 2008
NEW YORK (Reuters) - Target Corp reported an 8.1 percent drop in quarterly profit on Tuesday as shoppers spurned purchases of clothes in favor of necessities like food, hurting the discount retailer's margins.
Read article Target profit down, cautious on first half '08 | Find news in Business
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Clinton battling to hold Ohio as primary nears - 27, Feb 2008
CINCINNATI, Ohio (Reuters) - With a week to go before Ohio's pivotal nominating contest, Hillary Clinton was fighting to hold onto a dwindling lead as rival Barack Obama worked to undercut her support, particularly among working class voters.
Read article Clinton battling to hold Ohio as primary nears | Find news in HotNews
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Expected loan losses drag down bank earnings - 27, Feb 2008
WASHINGTON (Reuters) - U.S. banks and thrifts set aside record amounts of money last year in anticipation of higher loan losses, driving down their earnings, as the housing and credit markets soured, U.S. regulators said on Tuesday.
Read article Expected loan losses drag down bank earnings | Find news in Business
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MBIA unit's "Aaa" rating affirmed by Moody's - 27, Feb 2008
NEW YORK (Reuters) - Moody's Investors Service on Tuesday dropped its immediate threat to cut the top "Aaa" rating of MBIA Inc's insurance unit, staving off the prospect of more bank losses and market declines.
Read article MBIA unit's "Aaa" rating affirmed by Moody's | Find news in Business
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IBM buyback, energy gains lift stocks - 27, Feb 2008
NEW YORK (Reuters) - Stocks rose for a third day on Tuesday as technology companies gained on IBM's plans to buy back $15 billion of its shares and the energy sector advanced on a record high close for oil in New York.
Read article IBM buyback, energy gains lift stocks | Find news in Business
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Fed's Kohn says weighing need for more rate cuts - 27, Feb 2008
WILMINGTON, North Carolina (Reuters) - A top Federal Reserve official said on Tuesday that a weakened U.S. economy was a bigger worry than higher inflation, suggesting a willingness to lower interest rates further as the central bank tackles "difficult ti
Read article Fed's Kohn says weighing need for more rate cuts | Find news in Business
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IBM board authorizes $15 billion share buyback - 27, Feb 2008
NEW YORK (Reuters) - IBM said on Tuesday its board authorized a $15 billion share buyback program that could boost 2008 earnings by up to 5 cents a share, sending its stock up 4.2 percent.
Read article IBM board authorizes $15 billion share buyback | Find news in Business
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Home prices plunge at record rate in 2007: S&P - 27, Feb 2008
NEW YORK (Reuters) - The collapse in home prices accelerated to a record pace in the fourth quarter of 2007, with prices plunging 8.9 percent last year, according to a national home price index released on Tuesday.
Read article Home prices plunge at record rate in 2007: S&P | Find news in Business
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Weak confidence, PPI jump stoke U.S. stagflation fear - 27, Feb 2008
NEW YORK (Reuters) - The outlook of U.S. consumers sank to a 17-year low this month as the job market deteriorated, while costly commodities drove producer price inflation in January to its highest in more than 26 years, according to reports that stoked f
Read article Weak confidence, PPI jump stoke U.S. stagflation fear | Find news in Business
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Social networks illustrate how disease can spread - 27, Feb 2008
NEW YORK (Reuters Health) - The best way to stop the next influenza pandemic in its tracks could be to shut down schools and keep students at home, according to the authors of a new study of social contact networks.
Read article Social networks illustrate how disease can spread | Find news in Internet
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Google falls 8 percent on ad fears - 27, Feb 2008
SAN FRANCISCO/BANGALORE (Reuters) - Google Inc shares fell as much as 8 percent on Tuesday after a U.S. industry report published this week showed a decline in a key measure for how Google gets paid by advertisers.
Read article Google falls 8 percent on ad fears | Find news in Technology
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Sony to own one-third of Sharp's $3.5 billin LCD plant - 27, Feb 2008
TOKYO (Reuters) - Sony Corp said it would take a one-third stake in Sharp Corp's $3.5 billion LCD panel plant set for completion by March 2010, in an effort to meet fast-growing demand for flat televisions.
Read article Sony to own one-third of Sharp's $3.5 billin LCD plant | Find news in Technology
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Mandel packs briefcases for "Deal" world tour - 26, Feb 2008
LOS ANGELES (Hollywood Reporter) - With the highly rated "Million Dollar Mission" episodes of "Deal or No Deal" having concluded Monday, NBC is brewing another stunt for its stalwart game show: an around-the-world tour.
Read article Mandel packs briefcases for "Deal" world tour | Find news in Entertainment
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Haas and Davenport advance in Memphis openers - 26, Feb 2008
NEW YORK (Reuters) - Champion Tommy Haas easily won his opening match in the Memphis Championships on Monday, defeating Argentine Diego Hartfield 6-3 6-2, while Lindsay Davenport made a successful debut at the tournament with a 7-5 6-3 victory over German
Read article Haas and Davenport advance in Memphis openers | Find news in Sport
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Iraq condemns Turkish incursion and wants troops out - 26, Feb 2008
BAGHDAD (Reuters) - Iraq on Tuesday condemned Turkey's incursion into northern Iraq to fight Kurdish guerrillas in the strongest terms so far and demanded an immediate end to what it called a violation of its sovereignty.
Read article Iraq condemns Turkish incursion and wants troops out | Find news in HotNews
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Nigeria tribunal rejects challenges to president - 26, Feb 2008
ABUJA (Reuters) - A Nigerian tribunal on Tuesday rejected opposition demands for a re-run of last year's presidential election, averting a political crisis in Africa's most populous nation.
Read article Nigeria tribunal rejects challenges to president | Find news in HotNews
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UK's "Osama bin London" found guilty on terror charges - 26, Feb 2008
LONDON (Reuters) - A Tanzanian-born Muslim man who dubbed himself "Osama bin London" was found guilty on Tuesday of encouraging his followers to murder non-believers and of running terrorist training camps in Britain.
Read article UK's "Osama bin London" found guilty on terror charges | Find news in HotNews
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Rice urges China to use influence on North Korea - 26, Feb 2008
BEIJING (Reuters) - Secretary of State Condoleezza Rice urged China on Tuesday to press North Korea to disclose its nuclear programs so that a stalled disarmament deal can move forward.
Read article Rice urges China to use influence on North Korea | Find news in HotNews
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Noah's ark for crop seeds opens in Arctic Norway - 26, Feb 2008
LONGYEARBYEN, Norway (Reuters) - Norway launched a Noah's ark of the plant kingdom on Tuesday to protect crop seeds, among mankind's most valuable resources, from cataclysm inside an Arctic mountainside.
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France to send troops to Afghan combat zone: report - 26, Feb 2008
PARIS (Reuters) - France may send hundreds of ground troops to eastern Afghanistan where NATO-led forces are fighting al Qaeda-backed insurgents, Le Monde newspaper reported on Tuesday.
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Musical diplomacy as New York Phil plays Pyongyang - 26, Feb 2008
PYONGYANG (Reuters) - Cold War foes the United States and North Korea enjoyed a rare moment of harmony on Tuesday that could bring them closer together, when the New York Philharmonic played an unprecedented concert in the hermit state.
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Study doubts effectiveness of antidepressant drugs - 26, Feb 2008
WASHINGTON (Reuters) - Antidepressant medications appear to help only very severely depressed people and work no better than placebos in many patients, British researchers said.
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Office Depot profit falls sharply, expenses climb - 26, Feb 2008
NEW YORK (Reuters) - Office Depot Inc , the second-largest U.S. office supplies retailer, posted a sharply lower quarterly profit on Tuesday, hurt by higher expenses and lower sales in North America.
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CBS profit drops; TV, radio revenue declines - 26, Feb 2008
NEW YORK (Reuters) - CBS Corp said on Tuesday quarterly profit fell about 15 percent, as sales of radio and TV stations undercut those businesses and its publishing division suffered from fewer hot book titles.
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UAW strikes American Axle as talks collapse - 26, Feb 2008
DETROIT (Reuters) - The United Auto Workers union went on strike against American Axle & Manufacturing Holdings Inc on Tuesday, rejecting demands for steep wage and benefit cuts from the parts supplier in a move that could threaten production at Gene
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January foreclosures up 57 percent in year: report - 26, Feb 2008
NEW YORK (Reuters) - U.S. home foreclosures for January increased 57 percent from a year earlier, but the pace at least temporarily subsided in response to private and government efforts to help homeowners, RealtyTrac said.
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Target quarterly profit falls over 8 percent - 26, Feb 2008
NEW YORK (Reuters) - Target Corp reported a more than 8 percent drop in quarterly profit on Tuesday after shoppers spurned purchases of higher-margin merchandise like clothes in favor of necessities like food.
Read article Target quarterly profit falls over 8 percent | Find news in Business