Archive for September, 2008

South Korea says Kim is on the road to recovery (AP)

Written by on Wednesday, September 10th, 2008 in Latest News.

South Koreans watch TV reporting on North Korean leader Kim Jong Il at a railway station in Seoul, South Korea, Wednesday, Sept. 10, 2008. North Korea denied that Kim Jong Il is seriously ill, rejecting media reports questioning the leader's health as a 'conspiracy plot,' a news report said. (AP Photo/Ahn Young-joon)AP - North Korea’s Kim Jong Il is on the road to recovery from a stroke and still in control of his isolated country’s communist regime, South Korea suggested Wednesday, disputing reports that the leader is gravely ill.

Original post by AP and software by Elliott Back

Building collapses in Va.; 12 may be inside (AP)

Written by on Wednesday, September 10th, 2008 in Latest News.

AP - Authorities say part of a building under construction in a Richmond, Va. suburb has collapsed, and as many as 12 workers may be inside.

Original post by AP and software by Elliott Back

Subprime lawsuits outpace S&L cases: study (Reuters)

Written by on Wednesday, September 10th, 2008 in Latest News.

A house sits for sale in North Aurora, Illinois, July 24, 2008. (Jeff Haynes/Reuters)Reuters - The U.S. subprime-mortgage crisis has
now spurred more federal lawsuits than the savings and loan
debacle of the late 1980s and early 1990s ever did, data
released on Wednesday shows.

Original post by Reuters and software by Elliott Back

Senator seeks to have sex sting plea voided (Reuters)

Written by on Wednesday, September 10th, 2008 in Latest News.

U.S. Senator Larry Craig (R-Idaho), (R), before the start of the presentation ceremony of the 2007 National Medal of Arts and the National Humanities Medals from U.S. President George W. Bush in the East Room of the White House in Washington, November 15, 2007. (Larry Downing/Reuters)Reuters - Lawyers for U.S. Sen. Larry
Craig of Idaho asked a Minnesota Court on Wednesday to void the
guilty plea he made following his arrest last year in a men’s
toilet sex-sting operation.

Original post by Reuters and software by Elliott Back

Police charge man in Philly subway hammer attack (AP)

Written by on Wednesday, September 10th, 2008 in Latest News.

AP - Police have arrested a man suspected of brutally attacking a dozing subway passenger with a hammer while other riders did nothing to stop the assault, the city’s police commissioner said Wednesday.

Original post by AP and software by Elliott Back

Pentagon: Afghan strategy not succeeding (Reuters)

Written by on Wednesday, September 10th, 2008 in Latest News.

A U.S. soldier keeps watch as a helicopter lands in the Maalistan district of Ghazani province, June 2, 2008. (Shir Ahmad/Reuters)Reuters - The U.S. military conceded it was
not winning the battle against an increasingly deadly
insurgency in Afghanistan and said on Wednesday it would revise
its strategy for the region to include militant safe havens in
neighboring Pakistan.

Original post by Reuters and software by Elliott Back

Pentagon admits Afghanistan strategy not succeeding (Reuters)

Written by on Wednesday, September 10th, 2008 in Latest News.

A U.S. soldier keeps watch as a helicopter lands in the Maalistan district of Ghazani province, June 2, 2008. (Shir Ahmad/Reuters)Reuters - The U.S. military conceded it was
not winning the battle against an increasingly deadly
insurgency in Afghanistan and said on Wednesday it would revise
its strategy for the region to include militant safe havens in
neighboring Pakistan.

Original post by Reuters and software by Elliott Back

Lehman tries to soothe Wall Street with asset sale (AP)

Written by on Wednesday, September 10th, 2008 in Latest News.

A trader looks at the monitor around the trading post where Lehman Brothers stock is traded on the floor of the New York Stock Exchange as the market opens Wednesday, Sept. 10, 2008. Stock prices rose early Wednesday, staging a partial rebound from a steep sell-off after investors grew encouraged that Lehman Brothers Holdings Inc. is close to a deal to sell a majority stake in its investment management business and bring in much-needed capital. (AP Photo/David Karp)AP - Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business and said a sale of the entire company was possible.

Original post by AP and software by Elliott Back

Lehman plans sales, posts $4 billion quarterly loss (Reuters)

Written by on Wednesday, September 10th, 2008 in Latest News.

An employee at the Lehman Brothers office in Singapore, May 27, 2008. (Vivek Prakash/Reuters)Reuters - Lehman Brothers Holdings Inc
plans to sell a majority stake in its asset management unit and
spin off commercial real estate holdings, hoping to restore
investor confidence and ensure its survival after reporting a
record quarterly loss of about $4 billion.

Original post by Reuters and software by Elliott Back

Kim Jong-Il recovering from apparent stroke (AP)

Written by on Wednesday, September 10th, 2008 in Latest News.

In this Oct. 28, 2005 file photo released by China's Xinhua News Agnecy, North Korean leader Kim Jong Il, shakes hands with Chinese President Hu Jintao, unseen, before their talks in Pyongyang, North Korea. There was no sign of Kim Jong Il at a closely watched parade in Pyongyang Tuesday, Sept. 9, 2008, marking the 60th anniversary of North Korea's founding, as a U.S. intelligence report said he may have suffered a stroke. (AP Photo/Xinhua, Yao Dawei, File)AP - North Korean leader Kim Jong Il is believed to be recovering from an apparent stroke, South Korea’s presidential office said Wednesday, as the communist nation rejected reports questioning Kim’s health as a “conspiracy plot.”

Original post by AP and software by Elliott Back



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