News Topic - United States

Wall Street plunges as recession becomes reality
AFP - Wall Street stocks plunged Monday, giving back most of their gains from the past week, amid bleak economic news from around the globe including confirmation of a recession in the United States.
Yahoo!  –  Dec 1, 2008 9:42 PM [GMT]  –  comment?
found in Business: Markets

British Marine Hose Manufacturer Guilty in Global Bid-Rigging Conspiracy
Dunlop Oil & Marine Ltd., a British marine hose manufacturer, has agreed to plead guilty and pay $4.54 million in criminal fines for participating in a conspiracy to rig bids, fix prices, and allocate market shares of marine hose sold in the United States and elsewhere.
FBI.gov  –  Dec 1, 2008 9:39 PM [GMT]  –  comment?
found in Top Stories: Press Releases

TV show sensationalizes online poker scandal
While neither story that resulted as a joint investigation by the two news sources shed any additional light on the cheating scandals, now over a year old, they did manage to set back the already reeling online poker industry with half-truths, inflammatory language and pointed innuendos. The stories ... more »
PokerListings.com  –  Dec 1, 2008 9:34 PM [GMT]  –  comment?
found in Sports: Poker

Reclaiming America, One 1st Grader at a Time
"Learning to read with understanding is the foundation for all learning, but most low-income children in the United States are below grade level in reading by the 4th grade," writes John Merrow.
Education Week  –  Dec 1, 2008 9:34 PM [GMT]  –  comment?
found in Top Stories: Education

The Mixx will open in KC Power & Light District in April
The Mixx will open a second Kansas City-area location in April in the Kansas City Power & Light District, owner Jo Marie Scaglia said Monday. The restaurants menu is dominated by salads, but also includes soups and sandwiches. Mon, 01 Dec 2008 20:20:30 GMTAlliant Techsystems gets $26M space-tes ... more »
bizjournals.com  –  Dec 1, 2008 9:20 PM [GMT]  –  comment?
found in Business: Careers

Group: Recession Began In Dec. 2007
The National Bureau of Economic Research says the United States has officially been in a recession since December 2007. A recession is sometimes defined as two consecutive quarters of negative growth, but the private group uses a more precise measure.
NPR.org  –  Dec 1, 2008 9:00 PM [GMT]  –  comment?
found in Business

UPDATE:United States in a recession
The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday.- Click here for more at Biz Buzz. © 2001-2008 Journal Publishing Company, Inc. All Rights Reserved.
Djournal.com  –  Dec 1, 2008 8:54 PM [GMT]  –  comment?
found in Local: Mississippi: Columbus-Tupelo-West Point

Former Air Force secretary dies at 92
Verne Orr, the fourteenth secretary of the Air Force, died Nov. 27 at age 92 in his home in Pasadena, Calif. He served under President Ronald Reagan from 1981 to 1985. "Former Secretary of the Air Force Verne Orr was a leader and a professional committed to the United States Air Force and our n ... more »
The United States Air Force  –  Dec 1, 2008 8:37 PM [GMT]  –  comment?
found in Politics: Military

Michael Tomasky: Clinton may be a good choice for Obama's secretary of state after all
Call me a soft touch, I guess. I haven't been wild about the idea of Hillary Clinton becoming Barack Obama's secretary of state. But this morning, seeing the two of them together, has almost made a flip-flopper out of me.You had the two most important people, by far, in American politics. ... more »
The Guardian  –  Dec 1, 2008 8:37 PM [GMT]  –  comment?
found in World

Surprise, Ariz., to host US Fed Cup quarterfinal
Associated Press - December 1, 2008 3:23 PM ET WHITE PLAINS, N.Y. (AP) - The city of Surprise, Ariz., will host the 2009 Fed Cup quarterfinal between the United States and Argentina on Feb.
LocalNews8.com  –  Dec 1, 2008 8:33 PM [GMT]  –  comment?
found in Local: Idaho: Idaho Falls