Bernanke Fights For Fed To Keep Banking Powers
Federal Reserve Chairman Ben Bernanke waged a fresh battle against Senate efforts to strip the Fed from banking supervision Bernanke in a paper to Congress released Thursday argued that stripping the Fed of such power would deprive the central bank of information that factors into the setting of interest rates to influence overall economic ac
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Intel 4Q Profit Climbs As PC Market Turns Around
Intel Corp said Thursday its fourthquarter profit blew past expectations confirming a rebound in the recessionbattered personal computer market is under way Intels bright profit outlook for 2010 means the No 1 maker of computer microprocessors sees a lasting recovery past the stellar fourth quarter not an isolated holiday shopping b
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Kodak Sues Apple, RIM Over Digital Patents
Eastman Kodak Co said Thursday it is suing Apple Inc and BlackBerry maker Research in Motion Ltd over technology related to digital cameras in their iPhone and BlackBerry smart phones CBS station KPIXTV reported
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Gov. Pushes For TARP Money For Small Businesses
Gov Martin OMalley said Thursday he will be proposing a small business credit recovery program to boost lending on Main Street and he said he has talked to US Treasury Secretary Timothy Geithner about investing federal money in small business lending
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Inflation Drives Prices Up 2.7 Percent In 2009
Consumer inflation was tame in 2009 with prices rising 27 percent Yet families felt squeezed as their spending power sank in the face of falling wages job losses and higher prices for energy medical care and education
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Conan May Get Huge Buyout From NBC
Conan OBriens last Tonight Show will be in a week on Friday Jan 22 according to People magazine and unconfirmed reports say hell walk away with an enormous buyout
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Be Wary Of Scams Masquerading As Haiti Relief
Its a very natural reaction for many of us we see the horrible stories coming out of Haiti after a devastating earthquake nearly leveled the capital of Port au Prince and we want to help the victims While the first thought might be to find clothes food medical supplies and toys to take to collection sites for Haiti that may not be the best o
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A Year Later, Capt. Sully Still A Star
Airways flight in the middle of the frigid Hudson River many of them gathered Friday to celebrate the anniversary of their unlikely survival A crowd of about 100 applauded as Capt Chesley Sully Sullenberger smiling and wearing his pilots uniform arrived for a breakfast Rescuers were thanked at the event which launched a day of activi
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Most-Wanted Terror Suspect Killed In Pakistan
Pakistani intelligence officials say US missiles recently killed a militant on the FBIs mostwanted terrorists list The man identified as Jamal Saeed Abdul Rahim is believed to have died in a strike on Jan 9 in Pakistans North Waziristan region
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Yemen Airstrike Kills 6 Al Qaeda Operatives
An airstrike by Yemeni warplanes killed six al Qaeda operatives Friday in a desert village bordering Saudi Arabia including a key figure who plotted to assassinate the US ambassador security officials said
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Pentagon: Lax Standards Used For Ft. Hood's Hasan
An internal investigation into the Fort Hood base massacre has found that several medical officers failed to use appropriate judgment and standards of officership when conducting performance reviews of the alleged shooter Among the reports findings is that Army Maj Nidal Hasans toplevel security clearance wasnt properly investigated
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Bin Laden Photos Digitally Altered To Show Age
The US State Department has updated its 1998 file photo of al Qaeda leader Osama bin Laden digitally altering it to account for a decade of age and possible changes in his facial hair There is a 25 million bounty on bin Ladens head for the Sept 11 2001 attacks and the 1998 US embassy bombings in Tanzania and Kenya
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Anger, Desperation Grow In Haiti
Aid workers hoping to distribute food water and other supplies to a shattered PortauPrince are warning their efforts may need more security Friday as Haitians grow increasingly desperate and impatient for help
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Obama Pledges Haiti Relief Resources
President Obama pledged food troops and other resources Friday to help Haiti recover from Tuesdays debilitating earthquake Up to 10000 US troops will be off Haitis shores by Monday to help distribute aid and prevent potential rioting among desperate earthquake survivors the top US military officer said Friday as President Obam
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Obama To Pitch For Mass. Senate Candidate Coakley
President Barack Obama is wading deeper into the race to fill the late Edward M Kennedys Senate seat in Massachusetts and plans to visit the state to help pitch for Democrat Martha Coakley He has already taped an automated phone call asking people to support Coakley in next Tuesdays special election calling her an important ally in ensur
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George Clooney, MTV Working On Haiti Telethon
MTV Networks is working with George Clooney to stage a telethon for Haitian earthquake relief MTV spokesman Mark Jafar said Thursday that details are still being worked out
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DJ AM's Estate Settles Plane Crash Lawsuit
Court filings show DJ AMs estate has settled a lawsuit filed over a South Carolina plane crash that killed four and left the celebrity disc jockey seriously injured DJ AM whose real name is Adam Goldstein died in August in New York of an accidental overdose Attorneys later amended the lawsuit to include a wrongful death claim
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Lady Gaga Performs On Oprah After Canceled Concert
Pop star Lady Gaga performed on The Oprah Winfrey Show a day after calling off a concert at Purdue University because of an undisclosed illness
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Conan May Get Huge Buyout From NBC
Conan OBriens last Tonight Show will be in a week on Friday Jan 22 according to People magazine and unconfirmed reports say hell walk away with an enormous buyout
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Jimmy Kimmel Zings Leno On His Own Show
Jimmy Kimmel stepped into NBCs latenight fray on Jay Lenos turf taking comic aim at him and NBC on The Jay Leno Show Appearing by satellite Thursday for Lenos Ten at Ten questionandanswer segment the ABC latenight host was asked to relate his best prank ever Kimmel replied that he told a guy five years ago that hed give him his sh
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