The effects that Hurricane Ike had on Galveston can still be felt now. The University of Texas Medical Branch from Galveston was badly damaged by the strong winds and rain that Ike brought during this fall. Because the teaching hospital is running out of money, nearly 3,800 workers will be laid off. The next three months will be crucial for the hospital,...
The US economy contracted by 0.3 per cent in the third quarter of 2008, the sharpest decline in seven years amid a global financial crisis that has blocked credit access and severely depressed consumer spending, the US government said Thursday.
The initial estimate by the Bureau of Economic Analysis suggests the world's largest...
US mobile-phone maker Motorola Inc on Thursday reported a loss of 397 million dollars for the third quarter of 2008, down from a profit of 60 million dollars in the same quarter of 2007, despite a financial restructuring plan.
Sales fell by a more-than-expected 15 per cent to 7.5 billion dollars, Motorola reported from its...
The US economy contracted by 0.3 per cent in the third quarter of 2008, the sharpest decline in seven years amid a global financial crisis that has blocked credit access and severely depressed spending, the US government said Thursday.
The government's initial estimate puts the US on track for a recession in the second half of the...
The world's largest publicly traded oil company, Exxon Mobil, reported the largest quarterly profit in US history Thursday on the back of record oil prices.
Exxon earned 14.83 billion dollars in the quarter, an increase of 60 per cent on the same quarter of 2007.
Sales increased by 35 per cent to 137.74 billion dollars in the same...
Citizens of the three Baltic states of Estonia, Latvia and Lithuania will be able to travel to the United States without visas from November 17, a senior US official said Wednesday.
US Secretary of Homeland Security Michael Chertoff confirmed the date while visiting Riga. The announcement comes a day after making a similar...
Stacy Peterson, the wife of a former police officer, has become known worldwide as she disappeared a year ago with nobody to track her down. On Tuesday, there has been exactly a year since her disappearance and the family members will hold a candlelight vigil. Still, her husband will again be in New York to tell a national television...
US consumer confidence plummeted to a new low in October and housing prices plunged by the most on record this year as a financial meltdown appeared more and more likely to plunge the world's largest economy into recession.
The slew of depressing economic news will likely prompt the US Federal Reserve to further cut interest rates at...
US presidential hopefuls Barack Obama and John McCain campaigned across Pennsylvania on Tuesday and continued battling for the public's confidence to nurse a sagging US economy back to health.
McCain vowed he would "fool the pundits" and capture Pennsylvania in next week's general election, as polls showed the Republican...
Google has reached a 125-million-dollar settlement of a class action lawsuit by the Authors Guild and the Association of American Publishers, which will drastically expand the availability of digitized books over the internet, the groups announced Tuesday.
The deal sets aside 45 million dollars for payment to authors and publishers...
Syria asked the United Nations Security Council on Tuesday to take action to prevent further attacks by the United States on its territory.
The council should assume its responsibility "with a view to preventing the renewed perpetration of such aggression against Syria and to hold the American administration responsible for such...
Childhood Infections Need to be Better Tracked
The federal officials have asked doctors and state health agencies to be more careful when they diagnose children because many of the kids aged under 5 can now be...
Teen Kills Himself in Front of Webcam
An official told Fox News on Friday that a teenager from Florida committed suicide in front of his webcam after he had posted online messages announcing everyone about...
Today is Thursday, June 5
the 157th day of 2008 with 209 to follow. The moon is waxing. The morning stars are Venus, Jupiter, Neptune and Uranus. The evening stars are Mercury, Mars and...
General Petraeus Set for Central Command
It appears that U. S. President George W. Bush’s favorite
general has been handed the task of winning the wars in Iraq and Afghanistan
as well as confronting the...
A culinary journey through Crete
Almost as soon as you set foot on the southern Mediterranean island of Crete the poignant smell of oregano, wild flowers and wild teas tickles your senses while the...