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News archive search provides
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March 2009
March 30, 2009
Police: NC nursing
home shooting kills at least 6
A gunman opened
fire at a North Carolina nursing
home Sunday morning, killing at
least six people and wounding
several others, police said.
The gunman was also
injured before he was apprehended by
police after the 10 a.m. shooting at
Pinelake Health and Rehab in the town of
Carthage, Police Chief Chris McKenzie
told several television stations. A
police officer was also hurt.
Read more
March 26, 2009
Treasury's bank
rescue plan to be announced Monday
There's
confirmation that the Treasury
Department will announce on Monday its
plan for dealing with banks' bad assets.
Read more / Watch video
March 20, 2009
President Barack
Obama on ‘The Tonight Show with Jay Leno’
President Barack
Obama says his embattled treasury chief,
Timothy Geithner, is doing an
"outstanding job."
Read more
March 19, 2009
Fed to buy up to
$300B long-term Treasury bonds
The Federal
Reserve says it will start buying
long-term government bonds, opening
a new front in its battle to lift
the country out of recession.
The Fed says it
will buy up to $300 billion in long-term
Treasury securities over the next six
months.
Read more
March 18, 2009
US housing starts,
permits post unexpected jump
US home
construction starts and permits saw
a surprise jump in February from
50-year low levels in a positive
sign for the moribund home market at
the epicenter of global financial
crisis.
Read more / Watch video
March 17, 2009
Obama seeks to
stop AIG bonuses
Joining a
chorus of outrage, President Obama vowed
yesterday to use "leverage" from more
than $170 billion in federal aid and
"every single legal avenue" to try to
block bonuses being paid to executives
at insurance giant
American International Group.
Read more
March 16, 2009
Cheney says Obama
endangers U.S.
Asked Sunday on CNN if he thinks
President Obama "has made Americans less
safe," former Vice President Dick Cheney
said: "I do."
Read more
March 11, 2009
Gunman shoots 9 in
south Alabama, then himself
A gunman who
killed at least nine people on a
terrifying rampage across two
Alabama counties has been identified
as Michael McLendon of Kinston.
Coffee County
Coroner Robert Preachers says McLendon's
victims included members of his own
family, as well as apparent strangers.
Read more / Watch video
March 10, 2009
Scientists cheer
Obama's stem cell reversal
Scientists are
cheering President Barack Obama's
lifting of federal funding
restrictions on embryonic stem cell
research, hopeful the move will open
the financial floodgates to speed
new treatments.
Read more
March 5, 2009
Oil falls to near
$44 on continuing demand worries
Oil prices slumped
to near $44 a barrel Thursday after
large gains in the previous session as
investors seemed disappointed with the
lack of new stimulus measures by China
and fresh data confirmed the contracting
economy in the European Union.
Read more
March 4, 2009
Ford Feb
Light-Vehicle Sales Down 48% In US As Plunge
Continues
Ford Motor
Co.
(F) posted a 48% drop in U.S.
light-vehicle sales for February as
consumers with record-low confidence
remain out of showrooms, extending a
sales plunge that began in September and
threatens the viability of multiple auto
makers.
Read more
March 3, 2009
Obama says $155m
in health funding means jobs, too
President Obama
announced yesterday the latest
dividend from the $787 billion
economic stimulus package he
championed: the release of $155
million for 126 new health centers,
enough, he said, to provide basic
care to 750,000 Americans and to
create 5,500 jobs.
Read more
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