Weird News Files

"Daily psotings of weird news from around the world"

Chaos for London as bus strike looms

To overseas visitors the London Bus is as much a symbol of England itself as of just the capital city and perhaps this strike is indicative of things to come across Britain as belts tighten and public and private...

Paulson Signals U.S. May Invest in Banks to Shore Up Confidence

Following yesterday's announcement that the UK will start investing in banks to shore up consumer and bank confidence, the US appears to be set to do the same thing. Part of the motivation behind this is, rather than...

No Cold Meds for Kids Under 4: Drug Companies Step Up

Drug companies who produce over-the-counter (OTC) cough and cold medicines for children announced Tuesday that they would be supplying warning labels on all products advising against children under 4 from using the...

Early London rally wiped out, European market volatile

Stock markets across Asia-Pacific bounced back after huge losses for last many days in early trading. Several governments took desperate economic measures to survive the crisis. Indian government had cut down credit...

Google and Yahoo Delay Ad Deal for Antitrust Review

" The deal calls for Google to place ads alongside some search results on Yahoo. “The companies have agreed to a brief delay in implementing this agreement to continue our ongoing discussions with the Department...

Ballmer Sees Global Crisis Hitting Microsoft

" Ballmer Sees Global Crisis Hitting Microsoft Topics:Technology | Information Technology Sectors:Software and Computer Services | Software | Technology Microsoft [MSFT  26.14    1.13  (+4.52%)   ] Chief Executive Steve...

When Watchdogs Snore: How ABC, CBS and NBC Ignored Fannie & Freddie

Our 'Fourth Estate' was Asleep at the Wheel!As of this Tuesday morning, the media has finally woke up. On Morning Joe, Joe Scarborough's MSNBC news program, reporters finally realize their role in providing the information the public needs to know. "By Rich Noyes September...

FCC Head Voices Support For Other Uses Of Vacant Airwaves

"WASHINGTON -(Dow Jones)- A day before Google Inc. (GOOG) co-founder Larry Page makes a high-profile appearance in Washington to advocate for access to unused TV airwaves, Federal Communications Commission Chairman Kevin Martin said he favors the idea."" "I do think we need...

Bush, candidates, lawmakers to meet on rescue plan - Yahoo! News

"President Bush summoned Barack Obama, John McCain and legislative leaders to an extraordinary White House summit, warning Americans and Congress on Wednesday night that failing to act on a $700 billion financial industry bailout could lead to "a long and painful...

it's like when justin left...

"today, as the turmoil continues in the financial sector, we learn about another end--the end of morgan stanley and goldman sachs as independent investment banks. late last night as the writing on the wall became glow in the dark, the firms voluntarily agreed to become bank...

Save Money By Buying Gas At Night

"Save Money By Buying Gas At Night photo credit: richpix  The gasoline price gouging has gone on long enough in Vancouver - stations raise the price each morning and drop them later in the day. The average increase is 16-20 cents a gallon surcharge for the...

Wall Street Socialists vs 4 million homeowners

" "...immense interlocked, incestuous borrowing… that's what is bringing down the entire banking system." " AIG, Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, IndyMac and Bear Stearns, bankrupt,...

What crisis? Go ask Bush

Very interesting opinion of Alexandre Marinis of Bloomberg.   See more about Lula's way of thinking about the Global crises here.   " ``What crisis? Go ask Bush.'' That's how Brazilian President Luiz...

SEC Halts Short Selling of Financial Stocks

"FOR IMMEDIATE RELEASE 2008-211 Commission Also Takes Steps to Increase Market Transparency and Liquidity Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission, acting in concert with the U.K....

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