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Read More »Dow Falls After GM, Ford Credit Cut to 'Junk'
NEW YORK – The Dow ended lower and the Nasdaq and S&P near unchanged levels Thursday after Standard & Poor’s cut the debt ratings for General Motors Corp. (GM) and Ford Motor Co. (F) to junk status. The Dow Jones industrial average (search) lost 44.26 points, or 0.43 percent, to …
Read More »Elizabeth Smart Makes 'Most Beautiful' List
SALT LAKE CITY – Elizabeth Smart (search), the Utah teenager who was abducted nearly three years ago, has won a more upbeat recognition, being named one of People magazine’s “50 Most Beautiful People.” (search) The annual “Beautiful People” issue, which hit newsstands Friday, is usually filled exclusively with entertainment stars, …
Read More »US Airways to Cut Fleet, Takes $91M Charge
WASHINGTON – Bankrupt US Airways Group Inc. (search) took a $91 million charge for terminating employee pension plans on Wednesday and said it would shrink its mainline fleet by another 10 aircraft this summer. The seventh-largest domestic carrier also said its load factor, or the percentage of available seats that …
Read More »Experts: Girls Personify Eating Disorders
CHICAGO – They call her “Ana.” She is a role model to some, a goddess to others — the subject of drawings, prayers and even a creed. She tells them what to eat and mocks them when they don’t lose weight. And yet, while she is a very real presence …
Read More »Atlanta Fed's Guynn: Rates Likely to Rise
WASHINGTON – The Federal Reserve (search) is not yet done raising interest rates, but the central bank will watch economic data closely in an uncertain time for monetary policy, Atlanta Federal Reserve Bank President Jack Guynn (search) said on Wednesday. “Given the current outlook for the economy, my personal view …
Read More »Papers Publish Saddam Photos
BAGHDAD, Iraq – British and American newspapers published photos Friday showing an imprisoned Saddam Hussein clad only in his underwear and washing his laundry, prompting an angry U.S. military to launch an investigation and the Red Cross to say the pictures may violate the Geneva Conventions (search). Britain’s The Sun …
Read More »Paris Makes Movie Debut in 'House of Wax'
Does Paris Hilton (search) not know everyone is making fun of her? Or does she just not care? Maybe a little of both, especially after “House of Wax” (search) producer Joel Silver printed up “See Paris Die” T-shirts. “At first, I wasn’t too keen on the idea, but, um, whatever,” …
Read More »Meditation May Cut Heart Disease Death
Want to live longer? Good genes, plenty of exercise, and eating right should help, but you might also want to sit down, close your eyes, and breathe. There is increasing evidence that meditation is not only good for the soul, but for the body as well. It has been embraced …
Read More »Oil Prices Rise on Future Demand Woes
VIENNA, Austria – Light, sweet crude for June delivery rose 70 cents to settle at $50.83 a barrel on the New York Mercantile Exchange (search). Unleaded gas rose 1.28 cent to $1.4792 a gallon while heating oil fell 1.08 cent to $1.4437. On London’s International Petroleum Exchange (search), June Brent …
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