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(ARA) - Many people will be traveling this holiday season to visit family and friends and will bring their expensive laptops along on the trip. Most of these travelers will not have considered that thousands of laptops are stolen from airports every week.
A five-day stock market rally that drove the Dow Jones Industrial average up 17 percent came to a crashing halt yesterday after researchers declared the U.S. economy has been in a recession for a year.
WASHINGTON - Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a huge bailout yesterday, pledging to slash workers, car lines and executive pay in return for a federal lifeline.
The New Orleans Saints placed Kevin Kaesviharn on injured reserve Thursday, ending the safety's season.
LEAGUE CITY — General Land Office Commissioner Jerry Patterson told state lawmakers the agency needs more money and expanded powers to recover from Hurricane Ike.
Port Vale manager Dean Glover is interested in signing on-loan midfielder Dave Brammer permanently in January. The 33-year-old former Valiants midfielder returned to the club on loan from Millwall last month and impressed Glover before requiring surgery on a knee problem.
The fall in freight rates to 20-year lows, the global financial turmoil and rupee depreciation have hit shipping companies hard. Globally, many of them are not even able to recover running costs.
No one could accuse the Government or the Bank of England of sitting on their hands while house prices crash and repossessions lead to families being thrown out of their homes.
With bad news on jobs expected, Dow drops 216 points, S&P loses 2.9 percent.
Reserve Bank of India governor hints at stronger impact of global credit crisis. Reserve Bank of India (RBI) Governor D Subbarao said various anti-inflationary measures had started yielding results and now the government could focus on issues related to growth and liquidity.
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