Wall Street Gets Rescue, But What About Stocks?

" Stocks may get a short-term boost from today's approval of a $700 billion financial rescue package, but the longer-term outlook is far less certain. CNBC.com Bailout Decision With continued weakness in the economy and still-tight credit, market...

Aussie spinner tested +ve for Cocaine

"New Aussie spin bowler Jason Krejza, in line for a Test debut in the first Test against India at Bangalore, has revealed that he was the victim of a drink-spiking incident that resulted in a positive drug test two years back. Krejza, then a New South Wales player, said his...

Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog

" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...

Turf war rocks Sikh temple

"At least two groups of Filipino-Indians are battling for control over the richest, oldest and largest congregation of Punjabis here, the Khalsa Diwan Sikh Temple in Paco, Manila. A ranking member has been killed in the turf war for supremacy in the predominantly...

Indonesia stampede leaves 21 dead

During the pious month of Ramadan Poor Muslims are given donations under a system known as Zakat. Under this system wealthy muslims give a portion of their money to the poor every year.But this year the event turned into a stampede and the crush happened as people waited for...

Church to make posthumous apology to Charles Darwin

Charles Darwin created a big controversy with his evolutionary theory and powerful church leaders castigated him. Now after 126 long years Church of England has realised their mistake and agreed to issue an an apology. Darwin in his theory had said that man descended from the...

Dhoni was the difference: Vengsarkar

"Dilip Vengsarkar, India’s chairman of selectors, has praised captain Mahendra Singh Dhoni for his role in the 3-2 series win in the one-dayers in Sri Lanka. “Dhoni’s return to the team was a boon. Not only did he lead the side superbly but he played a couple of...

Woman found guilty of microwaving baby

"DAYTON, Ohio (AP) -- A mother was convicted Friday of killing her month-old daughter by burning her in a microwave oven, with jurors rejecting a defense attorney's claims there was evidence that someone else was responsible. ...

Vengsarkar hails Dhoni

"Chairman of selectors and former Indian skipper Dilip Vengsarkar has praised One-Day captain Mahendra Singh Dhoni’s contributions in their first ever ODI series win in Sri Lanka. “The Indian skipper not only handled the team well but also showed how top class spinners...

Russia investors flee after conflict

"Investors have pulled funds out of Russia at the fastest rate since the country's 1998 debt crisis, in the wake of the conflict with Georgia, official figures have shown.Official figures from the Central Bank of Russia showed yesterday that the country's foreign exchange...