UPDATE 3-GM to close Saturn as sale to Penske collapses
* Penske shares down 8 pct in aftermarket trade
(Adds GM plans to wind down production, Renault response,
quotes from analysts)
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Archive for September, 2009
Gays, lesbians getting better showcase on U.S. TV
LOS ANGELES (Reuters) – American TV viewers are seeing more gay, lesbian and transgender characters on their screens and story lines are better reflecting current issues in the gay community, according to a survey set for release on Thursday.
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Obama Officials Mull Future in Afghanistan
Top Advisers Hold First of Several Meetings on Strategy and Possible Troop Increases
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Video: "The Wizard of Oz" Turns 70
Seventy years after “The Wizard of Oz” rose to fame, the film is still maintaining its popularity among children. Kelly Wallace reports.
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Pearl Jam tops chart for first time in 13 years
LOS ANGELES/NEW YORK (Billboard) – Pearl Jam topped the U.S. pop album chart for the first time in 13 years on Wednesday, ending the two-week reign of rapper Jay-Z.
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Paul McCartney to release CD/DVD of NY shows
NEW YORK (Billboard) – Paul McCartney’s recent three-night concert stand in New York City — during which the rock legend delved into his Beatles, Wings and solo catalogs and brought Billy Joel to the stage — is coming to CD and DVD.
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BofA CEO resigns
Sept. 30 – Bank of America announced chief executive Ken Lewis is stepping down at the end of the year.
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UPDATE 1-Devon says Chinese among those eyeing US Gulf JV
* Planned JV for four significant finds in Gulf of Mexico
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Conditions combined for devastating tsunami (AP)
AP – Because of a lethal combination of geology and geography, the people of American Samoa didn’t stand much of a chance. Almost every condition that triggers bad tsunamis was in place this time, generating waves that raced toward the island territory at speeds approaching 530 mph, or as fast as a 747 jumbo jet. [...]
U.S. Senate keeps alive funding for C-17 cargo planes
WASHINGTON (Reuters) – The Senate on Wednesday kept alive funding for 10 Boeing-made C-17 cargo planes that the Pentagon has said it does not want.
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Aid heads to Samoan Islands
Sept. 30 – As US military planes fly to the ravaged area, it’s estimated over 110 people were killed by the tsunamis that hit American Samoa.
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Iran, major powers head to Geneva
Sept. 30 – Preparing to meet with Iran in Geneva, US officials forsee “extraordinarily difficult process.”
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Job cuts ease
Sept. 30 – Private employers cut 254,000 jobs in September, the lowest amount of job losses in more than a year, according to a private report.
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Zoellick backs strong dollar
Sept. 30 – In an exclusive interview with Reuters, World Bank President Robert Zoellick said a strong dollar is in the World Bank’s interest.
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Speeding up the drawdown in Iraq
Sept. 30 – The US is accelerating the drawdown of US forces in Iraq, with top commander Ray Odierno saying he has flexibility when it comes to redeploying forces.
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Irish prepare for Lisbon vote
Sept. 30 – Campaigners in the final round of the EU’s Lisbon Treaty on closer integration are at loggerheads ahead of Friday’s make-or-break vote.
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Economy key in Greek elections
Sept.30 – With the European Commision forcasting a recession in Greece later this year, and following a year of social unrest, the Greek prime minister has called elections two years early.
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Amateur video captures Samoa flood
Sept. 30 – Video shot in Pago Pago, American Samoa shows the immediate aftermath as a huge swell of water came inland destroying buildings and sweeping away vehicles.
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Indonesia rocked by earthquake
Sep 30 – A powerful earthquake off the coast of Indonesia’s Sumatra island has left scores dead and thousands of people trapped under rubble.
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Polar Knut steps out with his mate
Sep 30 – Berlin zoo’s famous polar bear Knut appears with his new Italian girlfriend, Giovanna.
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UN chief fires deputy head of Afghan mission
The UN has sacked its deputy special envoy to Afghanistan after a dispute over the country’s election.
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Wall Street slumps over US doubts
An unexpected fall in an index of business activity in the United States mid-west has weighed on Wall Street, dragging the market about 0.33 per cent lower.
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Peru’s Fujimori gets 6 years for bribes
Former Peruvian president Alberto Fujimori was convicted and sentenced to six years in prison on Wednesday for wiretapping opponents and paying bribes to lawmakers and publishers during his rule from 1990 to 2000.
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Tsunami death toll likely to rise
Relief workers in American Samoa and Samoa are searching for survivors after a series of tsunamis .
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Up to 200 feared dead in Indonesian quake rubble
A powerful earthquake which struck Sumatra last night has killed between 100 and 200 people.
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