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Gap's Q3 Profit Rises, Tops Estimates
Gap Inc. announced Thursday third quarter earnings rose 3.4 percent as margins increased due to cost cutting measures and lower inventory levels.
Dell Q3 Earnings Drop 5 Percent On Soft Revenue
Dell Inc. announced Thursday third quarter earnings fell 5 percent as the company saw revenue dip 3 percent due to falling PC demand.
J.P. Morgan To Cut Investment Banking Jobs
JP Morgan Chase & Co will cut 10 percent of its investment banking staff, roughly 3,000 jobs, according to recent reports citing an anonymous source.
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Nurses In U.K. Use Mobile Phones To Track Patients
A new scheme under trial in the United Kingdom will permit better monitoring of the health of Britons with chronic ailments using a standard mobile phone.
Fast Food Chain Enlists More Mothers To Explain Nutritional Value Of Its Meals
To battle the growing public perception that McDonald's offerings are not healthy, the fast food chain is tapping more mothers as its frontline warriors under the firm's Quality Correspondents program.
China Initiate Reforms To Battered Dairy Industry
The Chinese government has initiated wide-ranging reforms to overhaul its battered dairy industry to improve safety from cow breeding to milk sales.
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Canada |
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Offbeat |
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Scotiabank Declares End Of Canada's Housing Boom
A report by the Bank of Nova Scotia's senior economist and real estate specialist declared Canada's housing boom officially over.
Survey Finds 42% Of Canadians To Delay Retirement
Up to 42 percent of currently employed Canadians are pushing aside their planned retirement because of economic uncertainty. The delaying in leaving the work force would average 5.9 years for Canadians over 40 years old covered by the Desjardins Financial Security survey.
Ottawa Expects Two Years Of Budget Deficits
Because of the global financial crisis, the Canadian federal government is anticipating a budget deficit for the next two years, said new Parliamentary Budget Officer Kevin Page.
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Pall Bearer Loading Father's Casket Into Hearse Tasered By Undercover Deputies
Five sheriff's deputies will be disciplined after two undercover deputies zapped a North Carolina man with a Taser while he was serving as a pall bearer at his father's funeral and loading the coffin into a hearse.
Ex-Hooker Apologizes To Fallen Governor's Wife
The former prostitute who had a February tryst with ex-New York governor Eliot Spitzer that soon cost him his job, has apologized to Mrs. Spitzer in her first magazine interview after the scandal.
Amtrak Auto Train Passengers Driving Home After Train Car Cracks Cause Cancellation Of Service
Hit the road Jack, was the advice Amtrak officials gave stranded passengers when it announced it was canceling its popular popular Auto Train service between Florida and the metro Washington, D.C. area through at least Wednesday because of safety concerns.
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Celebrity Buzz |
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Politics |
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Adrien Brody Would Be "Disappointed" If Gay Men Did Not Hit On Him
Adrien Brody would be "disappointed" if gay men did not flirt with him. The Oscar-winning actor insists he doesn't mind attracting attention from other men.
Jennifer Aniston Still Laughs At The Episodes Of "Friends"
Jennifer Aniston says she still "laughs her rear end off" at episodes of "Friends." The actress says catching re-runs of the hit sitcom she starred in still keeps her entertained.
Akon Reportedly Upset At Dubai's Sheikha Hessa For Replacing Him As The Headline Act
Dubai's Sheikha Hessa reportedly upset Akon when she replaced him as the headline act at her recent birthday party.
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Stevens Gives Emotional Goodbye To Senate Colleagues
Sen. Ted Stevens (R-AK) on Thursday spoke for the last time on the floor of the chamber he had worked in for the last four decades, saying he bore no ill-will to any of his colleagues and expressing hope that the day would come when he can "remove the cloud that surrounds" him.
Dingell Loses Chairmanship Of Powerful House Panel To Waxman
A day after gaining the support of a House leadership panel, Rep. Henry Waxman (D-CA) narrowly won the chairmanship of the House Energy and Commerce Committee against the longest-serving member of the House.
Franken Wins County Lawsuit Over Rejected Absentee Ballots As Minnesota Recounts Votes
Democratic-Farmer-Labor candidate Al Franken won his fight over rejected absentee ballots in Ramsey County on Wednesday, the same day Minnesota finished recounting a quarter of all 2.9 million votes cast in the race between Franken and Sen. Norm Coleman (R-MN).
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Entertainment |
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Science And Technology |
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SAG And AMPTP Head Back To Negotiate With A Mediator
The Screen Actors Guild and the Alliance of Motion Picture & Television Producers are getting back on the negotiating table on Thursday with a federal mediator.
Will Smith Donates An Undisclosed Amount To The Miami Children's Hospital
Will Smith has paid a visit to the sick children of Miami Children's Hospital and generously donated an undisclosed amount.
John McCain: Jackson Browne Used Me To Increase Record Sales
John McCain feels rock singer Jackson Browne had used him to sell records.
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Endeavour Astronauts On Second Spacewalk, Repair Mission
Two astronauts of the Space Shuttle Endeavour are back spacewalking on Thursday to continue repairs on the faulty solar panel of the International Space Station.
Cellular Phones Used By Briton Nurses To Monitor Patients
A new scheme under trial in the United Kingdom will permit better monitoring of the health of Britons with chronic ailments using a standard mobile phone.
Study: Internet Social Networking Has Positive Impact On The Youth
A study by the MacArthur Foundation said time spent by teenagers on online social networking is not lost.
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Environment |
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Sports |
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Non-Compliance With Ransom Demand Of Somali Pirates May Spell Environmental Crisis For Red Sea
Somali pirates gave owners of the Saudi Arabian oil tanker Sinus Star 10 days to come up with a $25 million ransom for the 25-member crew. Aside from the lives of the crew which are under threat, the Somali takeover of the oil tanker could result in an environmental catastrophe since the pirates could release the two million barrels of crude oil into the Red Sea.
Energy Department Reports Major Increase In Oil Supply
The Department of Energy's Energy Information Administration reported this week that oil and gasoline inventories were up significantly last week, and the price of oil has dropped 50 percent over the last five months.
Wal-Mart Stores In Texas To Be Powered By Wind
Wal-Mart announced that more than 50 of its stores in Texas will be powered by electricity generated by wind from one of the nation's largest energy companies.
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Graebner, Former Doubles Champ, Dies At 65
Carole Caldwell Graebner, who won numerous tennis titles as a doubles player in the 1960's, passed away Wednesday in New York City after succumbing to cancer. She was 65.
Crew Raring To Capture First-Ever MLS Cup Against Red Bulls
The Columbus Crew, this year's winner of the Supporters' Shield for the top regular season record, is seeking its first-ever MLS Cup to cap an amazing 2008 season. The Crew takes on the Red Bulls Sunday.
Yankees' Owner George Steinbrenner Passes Torch To Youngest Son Hal
The New York Yankees leadership entered a new phase Thursday when erstwhile front office boss George Steinbrenner passed the torch to his youngest son, 40-year-old Hal.
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World |
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Somali Pirates Set $25 Million Ransom For Saudi Super Tanker, Crew
Somali pirates on Thursday demanded $25 million in ransom to be paid within 10 days in exchange for the release of a Saudi oil super tanker and its 25 crew members.
Sri Lankan Troops Capture Hidden Rebel Airfield In New Offensive
Sri Lankan troops broke a major defense line of Tamil Tiger rebels on Thursday while other government forces captured a clandestine air strip used by the separatists to launch air strikes.
Suicide Blast Inside Pakistani Mosque Kills 9
A suicide bomber exploded Thursday in a mosque in northwestern Pakistan's tribal region killing nine people and wounding several others.
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