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Another Drop Expected In Retail Sales Report

Posted: 02/12/2009 - The government releases its report on retail sales this morning. Economists surveyed by Thomson Reuters expect the figures to show a seventh straight monthly drop in January reflecting the recession, thousands of job losses and falling home prices.

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Economic Stimulus Package on Track for Final Votes

Posted: 02/12/2009 - Economic stimulus legislation at the heart of President Barack Obama's recovery plan is on track for final votes in the House and Senate after a dizzying final round of bargaining that yielded agreement on tax cuts and spending totaling $789 billion.

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Japan's Pioneer To Cut 10,000 Jobs Globally

Posted: 02/12/2009 - Japanese electronics company Pioneer Corp. will cut 10,000 jobs globally to cope with sinking sales of car audio equipment and flat-screen TVs. It will also withdraw from its money-losing plasma display business.

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Viacom 4Q Profit Falls

Posted: 02/12/2009 - Media conglomerate Viacom Inc. says its fourth-quarter profit fell 69 percent as the recession hurt its overall growth and it reported $454 million in restructuring and other charges.

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Oil Slips Below $36 as Inventories Rise

Posted: 02/12/2009 - Surging crude inventories and investor skepticism over the U.S. stimulus package dragged oil prices below $36 per barrel Thursday.

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Students Honor Black History Month

Posted: 02/11/2009 - Students at Topeka West High school spent Wednesday night honoring Black History Month. They gathered at the school cafeteria for a diversity dinner.

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Jet Makers Defend Their Planes in New Ads

Posted: 02/11/2009 - Wichita, Kan.-based Cessna Aircraft Co. and Hawker Beechcraft Inc. are using ad campaigns to tell business executives it's OK to fly on corporate jets.

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Crisis at Sirius XM Satellite Radio

Posted: 02/11/2009 - Satellite radio was the air"wave" of the future. Here's why the two companies, merged into one, could collapse under the weight of its financial burdens. And don't expect Howard Stern to stick around.

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Oil Lingers Near $36 as Investors Mull Inventories

Posted: 02/11/2009 - Oil prices lingered near $36 a barrel Thursday in Asia, following a steep fall overnight, as surging crude inventories in the U.S. stoked investor concern that consumer demand will continue to fall amid a deep recession.

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Asian Stocks Down Amid Pessimism Over US Plans

Posted: 02/11/2009 - Most Asian stock markets fell Thursday, with Japan's benchmark losing over 3 percent, amid doubts that U.S. plans costing trillions of dollars will soon restore the health of the world's largest economy.

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Egypt Unveils Ancient Mummy, Part of New Discovery

Posted: 02/11/2009 - Illuminated only by torches and camera lights, Egyptian laborers used crowbars and picks Wednesday to lift the lid off a 2,600-year-old limestone sarcophagus, exposing — for the first time since it was sealed in antiquity — a perfectly preserved mummy.

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Oil lingers near $36 as investors mull inventories

Posted: 02/11/2009 - Oil prices lingered near $36 a barrel Thursday in Asia, following a steep fall overnight, as surging crude inventories in the U.S. stoked investor concern that consumer demand will continue to fall amid a deep recession.

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Heartbreak at home as Aussies return after fires

Posted: 02/11/2009 - A cast-iron potbellied stove stood on what used to be the verandah of Peter Denson's home, the only thing left intact after a ferocious wildfire destroyed most of this wooded township.

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Millions of animals dead in Australia fires

Posted: 02/11/2009 - Kangaroo corpses lay scattered by the roadsides while wombats that survived the wildfire's onslaught emerged from their underground burrows to find blackened earth and nothing to eat.

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ABC: Nicollette Sheridan Leaving `Housewives'

Posted: 02/11/2009 - ABC says Nicollette Sheridan is leaving "Desperate Housewives." The 45-year-old Sheridan plays vamp Edie Britt on the comedy-drama about domestic life on Wisteria Lane. The network did not say Wednesday when Sheridan's role would end.

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British group heads to Guantanamo to free resident

Posted: 02/11/2009 - A British court met Wednesday to reconsider a case regarding a British resident being held in Guantanamo - a lawsuit that stands to embarrass the American and British governments over torture allegations.

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Asian stocks down amid pessimism over US plans

Posted: 02/11/2009 - Most Asian stock markets fell Thursday, with Japan's benchmark losing over 3 percent, amid doubts that U.S. plans costing trillions of dollars will soon restore the health of the world's largest economy.

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Taxpayers may have to cover octuplet mom's costs

Posted: 02/11/2009 - A big share of the financial burden of raising Nadya Suleman's 14 children could fall on the shoulders of California's taxpayers, compounding the public furor in a state already billions of dollars in the red.

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69 Computers Missing From Nuclear Weapons Lab

Posted: 02/11/2009 - The Los Alamos nuclear weapons laboratory in New Mexico is missing 69 computers, including at least a dozen that were stolen last year, a lab spokesman said. No classified information has been lost, spokesman Kevin Roark said.

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Body dragged nearly 20 miles on NYC highways

Posted: 02/11/2009 - A van traveled for nearly an hour over busy New York City roads before its driver discovered the horrific cargo it had dragged almost 20 miles: the partially scraped-away body of a man who was plowed over by an SUV just before he got caught under the van.

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