Daily News Channel
Back in 1973, National Lampoon magazine ran a satirical cover image of a very cute, very worried-looking puppy with a gun pointed at its head. The headline read: “If You Don’t Buy This Magazine, We’ll Kill This Dog”: motivation by emotional blackmail, taken to its absurdist extreme
Secretary of State Hillary Clinton reached an important milestone Wednesday in her quest to pay the debt from her failed 2008 presidential bid: For the first time in eight months, her campaign committee reported having more money in the bank than it owes.
Larry Jukes said he remembers when he could buy 10 cigarette packs for $2.50.
The Anchorage, Alaska, airport remained closed Sunday morning after an erupting volcano shot ash some 45,000 feet in the air on Saturday, officials said.
Mount Redoubt volcano in southern Alaska has erupted again, shooting ash as high as 45,000 feet in the air on Saturday, experts said. The eruption occurred at about 1:30 p.m.
You know those supersales at your local department store in which they offer great deals on a couple of things in the hopes of getting enough people in the door so they can move the crap too? That’s sort of what the Treasury Department and Tim Geithner are doing with the bank plan that was rolled out on Monday. The problem facing America’s economy has always been how to sell the worst of the toxic assets that are clogging banks’ balance sheets.
Why Butte? Of the many unanswered questions surrounding a weekend plane crash that killed the pilot and three families headed for a Montana ski vacation, the first one investigators are examining is why the pilot asked for permission to land in Butte, about 80 miles short of their planned destination, the National Transportation Safety Board said Tuesday. “It’s a question,” Mark Rosenker, the NTSB’s acting chairman, told reporters.
Citigroup shares are going up every day now, gaining 23% yesterday. So far, the stock has gone from a low of $0.97 to $3.20 in just a few weeks
Treasury Secretary Tim Geithner has a problem. On the one hand, he has to act to save the banks if he’s going to start credit flowing and get the U.S.
Troubled insurance giant AIG, already under fire for intending to pay out $165 million in bonuses and compensation, succumbed Sunday to congressional pressure, identifying banks that received chunks of the company’s billions in federal bailout funds last year. AIG, a recipient of at least $170 billion in federal bailout money , got an $85 billion loan from the Federal Reserve. The list released Sunday of “counterparties” that benefited from the bailout is topped by European banks Societe Generale and Deutsche Bank, which received $4.1 billion and $2.6 billion, respectively.