Archive for November, 2008
Oil execs grilled on gas prices
Big Oil execs testified before the Senate Tuesday, saying high oil prices were largely out of their control and more drilling in the U.S. is needed. The record-high price of gasoline is putting a strain on American motorists - and spurring some to shift their habits. Here are their stories.
NEW YORK (CNNMoney.
China inflation at near decade-high levels
BEIJING, China (AP) — China’s inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday.
Consumer prices in April were up 8.5 percent compared with the same days last year, the National […]
Asian markets soar on Fed rate cuts
TOKYO, Japan (AP) Asian stock markets opened sharply higher Wednesday as investors welcomed a hefty U.S. interest rate cut and a rally on Wall Street overnight.
Japan’s Nikkei jumped 2.8 percent at the end of the morning’s trading session.
Sentiment was also lifted by better-than-expected earnings from major U.
GM To Build $200-million Engine Plant In Brazil
SAN FRANCISCO — General Motors Corp. said Monday it will start building a USD 200-million engine and automotive components plant in Joinville City, Brazil. GM expects the plant, that is expected to employ about 500 workers, to start production in the fourth quarter of 2009. At full capacity, the plant will be able to produce […]
Autopsy Finding: Drew Peterson’s 3rd Wife Murdered
CHICAGO The death of the third wife of former police officer Drew Peterson has been officially declared a homicide after another autopsy revealed she drowned, the Will County state’s attorney said Thursday.
The second report on Kathleen Savio’s March 2004 death included photos from the scene and reports from the initial investigation, along with results from […]
New Microwavable Pots Cook Themselves
A new material designed for use in microwaves heats foods and beverages more quickly and saves energy, its inventors say.
A microwave oven bombards food with microwave radiation, that is absorbed by certain molecules, including water, fats and sugars.
The microwaves, powerful enough to kill viruses and bacteria, vibrate those molecules, heating the food.
Police Arrest Suspect in 1985 Murder of Pa. Boy on Bike
SCHUYLKILL HAVEN, Pa. Police on Thursday made an arrest in the 1985 killing of a 13-year-old Pennsylvania boy whose body was found in a thicket months after he left home on a bicycle.
Joseph Geiger is accused of killing David Reed, of Schuylkill Haven. Geiger, of nearby Pottsville, was arrested on the 23rd anniversary of Reed’s […]
McCain in ‘excellent health,’ doctor says
FOUNTAIN HILLS, Arizona (CNN) – — There’s no medical reason to prevent Sen. John McCain from being president, the doctor for the presumptive GOP nominee said in an statement his campaign released Friday.
Sen. John McCain, who turns 72 in August, could become the oldest person elected to a first term as president.
Maguire Properties Says No Longer Pursuing Sale
LONDON — Maguire Properties Inc. said that due to current market conditions and the lack of any viable acquisition proposal received from third parties, it is no longer actively pursuing a sale of the company. The company also said that it is finalizing its review of strategic alternatives for preserving and enhancing value for stockholders.
Pop Tarts: Maria Bello Calms Woman During Mid-Air Attack
LOS ANGELES When it comes to saving the day, Maria Bello is not confined to her reel-life role in the upcoming “Mummy.” The actress recently became a real-life hero during a flight from Los Angeles to New York.
Bello was sitting in coach (yes, we were surprised by that as well) when 15 minutes after take-off, […]
