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Wall Street reacts calmly to more bad news (AP)

Trader James Maguire Jr. holds his mobile phone in his mouth as he works on the floor of the New York Stock Exchange Thursday, Dec. 4, 2008. (AP Photo/Richard Drew)AP - Wall Street showed further signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they've made for more than a week.


Thu, 04 Dec 2008 17:40:11 GMT


Automakers pitch Congress anew on rescue (AP)

Chrysler Chief Executive Officer Robert Nardelli,  right,  talks with UAW President Ron Gettelfinger, second from right, on Capitol Hill in Washington, Thursday, Dec. 4, 2008, prior to the start of a Senate Banking Committee hearing. General Motors Chief Executive Officer Richard Wagoner is fourth from left.  (AP Photo/Gerald Herbert)AP - Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.


Thu, 04 Dec 2008 17:37:41 GMT


New jobless claims drop unexpectedly (AP)

Chart shows new factory orders in billions of dollars; 1 c x 2 3/8 in; 46.5 mm x 60.325 mmAP - New claims for jobless benefits fell unexpectedly last week but the number of people continuing to receive government aid reached a 26-year high and large companies announced more job cuts Thursday.


Thu, 04 Dec 2008 17:31:34 GMT


Retailers see sales drop in dreary November (AP)

Chart shows the same-store sales of selected retailers compared to the same period last year; 1 c x 3 3/8 in; 46.5 mm x 85.725 mmAP - Retailers — with Wal-Mart the notable exception — limped through a miserable November that even a surge of shopping after Thanksgiving couldn't save, marking the weakest month since at least 1969 and deepening fears that the critical holiday period could be the most dismal in decades.


Thu, 04 Dec 2008 17:28:27 GMT


Thai king's illness sparks anxiety (AP)

Thailand's King Bhumibol Adulyadaj  reviews the Royal Guards at the Royal Plaza Tuesday, Dec. 2, 2008, in Bangkok, Thailand. King Bhumibol Adulyadaj is scheduled to make a radio speech Thursday night, Dec. 4, 2008 on the eve of his birthday and may Thais are hoping that he will offer guidance on the current political crisis. (AP Photo/David Longstreath)AP - In six decades on the throne, Thailand's king has stepped in to defuse political crises and halt bloodshed. But not now: The revered 81-year-old monarch was too ill to deliver his annual birthday speech Thursday.


Thu, 04 Dec 2008 17:01:27 GMT


AT&T to cut 12,000 jobs, 4 percent of staff (AP)

In this Sept. 30, 2008 file photo provided by AT&T Inc., Randall Stephenson, president, chief executive officer and chairman of AT&T Inc., speaks to employees at AT&T's new broadband technical support call center in Goldsboro, N.C. AT&T said Thursday, Dec. 4, 2008, it is cutting 12,000 jobs, or about 4 percent of its work force, because of the economic downturn. (AP Photo/AT&T Inc., Jim R. Bounds, File)AP - AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.


Thu, 04 Dec 2008 16:30:58 GMT


Indian airports on high alert after new warning (AP)

A Railway Special Forces personnel keeps guard at Mumbai's main train station, Chhatrapati Shivaji Terminus, in Mumbai, India, Thursday, Dec. 4, 2008. India suspects that two senior leaders of a banned Pakistani militant group master minded last week's three-day terrorist attacks that killed 171 people in Mumbai, an Indian intelligence official said Thursday. (AP Photo/Saurabh Das)AP - Airports in India went on high alert Thursday following fresh attack warnings as officials said India suspects two senior leaders of a banned Pakistani militant group orchestrated the deadly Mumbai attacks.


Thu, 04 Dec 2008 15:48:43 GMT


New JK Rowling book goes on sale around the world (AP)

Barry Cunningham is reflected in a glass case before encasing his one of only seven copies of JK Rowling's 'The Tales of Beedle the Bard' book during a media preview at the National Library of Scotland in Edinburgh, Scotland December 3, 2008. The copy of 'The Tales of Beedle the Bard' which Rowling presented to her first editor Cunningham, is valued at over two million pounds ($2.95 million) and is due to go on display at the National Library from 5th December. REUTERS/David Moir (BRITAIN)AP - The latest magical tome by J.K. Rowling has started to fly off bookstore shelves.


Thu, 04 Dec 2008 15:15:48 GMT


Quran in mass Afghan grave unlocks 30-year mystery (AP) AP - A small golden Quran helped Afghan authorities identify the body of a president killed in a coup three decades ago that led to 10 years of Soviet domination, officials said Thursday. Thu, 04 Dec 2008 15:02:01 GMT


2 teen girls charged in nursing resident abuse (AP) AP - Two teenage girls who worked at a nursing home have been charged with abuse, accused of taunting, spitting on and groping the breasts and genitals of residents who suffered from Alzheimer's disease and other dementia disorders. Thu, 04 Dec 2008 14:58:08 GMT