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Stocks Fluctuate as Investors Look For Good News

Updated: 12/22/2008 - Wall Street began a holiday-shortened week cautiously Monday, as stocks fell in light trading while investors reacted to a bleak outlook from Toyota Motor Corp. and disappointing earnings from drugstore operator Walgreen Co.

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Winners Share $3 Billion in Spain's Gordo Lottery

Updated: 12/22/2008 - Economic woes eased for many in Spain on Monday as the Christmas lottery — billed among the world's richest — dished out some euro2.32 billion ($3.23 billion) in prizes.

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New Approach for Kan. Lawmakers on Illegal Immigration

Updated: 12/22/2008 - Olathe Republican Rep. Lance Kinzer says he'll focus on specific issues, including repealing a state law providing lower, in-state tuition at state universities and colleges to some illegal immigrants.

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Putting the "Cell" in Cell Phones

Updated: 12/22/2008 - The smuggling of the phones among inmates has sparked some officials to push for a change in federal regulations to allow technology that jams cell phone signals.

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Stocks Open Mixed as Investors look for Good News

Updated: 12/22/2008 - Wall Street is beginning this holiday-shortened week cautiously. Stocks are narrowly mixed as discouraging news from Toyota and Walgreen keeps investors on edge.

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Groundbreaking at Dodge City Casino

Updated: 12/22/2008 - Gov. Kathleen Sebelius and legislative leaders are expected to brave frigid temperatures in Dodge City to break ground for the first state-owned casino in Kansas.

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Investigators Press for Clues in Denver Jet Mishap

Updated: 12/22/2008 - Federal investigators hope data from flight recorders recovered from the charred wreckage of a Continental Airlines jetliner will yield clues about why the plane veered off a runway in Denver

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Bitter Cold, High Winds Chill Midwest

Updated: 12/22/2008 - Heavily bundled Midwesterners were shuffling quickly from place to place in a bid to spend as little time as possible outside in bone-chilling, subzero cold that was expected to last through Monday morning.

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China Cuts Interest Rates in New Growth Effort

Updated: 12/22/2008 - China cut interest rates Monday for the fifth time in four months in a new effort to revive economic growth amid government anxiety about spreading job losses and worker protests.

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Walgreen 1Q Profit Falls 10% on Store Costs

Updated: 12/22/2008 - Drugstore operator Walgreen Co. said Monday its profit fell 10 percent in its fiscal first quarter, short of Wall Street expectations, because of costs to open more than 200 new stores.

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Toyota Projects First Operating Loss since 1941

Updated: 12/22/2008 - Toyota Motor Corp. slashed its earnings forecast Monday, projecting that it would report its first annual operating loss for the fiscal year through March.

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Wall Street Points to Moderately Higher Open

Updated: 12/22/2008 - Wall Street began a holiday-shortened week on a cautious note Monday, with stock futures pointing moderately higher as investors searched for any signs of good news.

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Oil Rises Slightly on US Auto Bailout, Rate Cut

Updated: 12/22/2008 - Oil prices rose slightly Monday as investors looked for signs that U.S. interest rate cuts and a government bailout of two key automakers could help cushion what may be the worst recession in decades.

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Got The Flu? CDC Says Tamiflu May Not Be Much Help

Updated: 12/22/2008 - The medical arsenal against the flu just got weaker. Government health officials said Friday that a leading flu medicine, Tamiflu, might not work against all cases of the flu this year.

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Ill. Impeachment Panel Awaits Word From Prosecutor

Updated: 12/22/2008 - The legislative committee considering impeachment of Gov. Rod Blagojevich could be at the beginning of its work or nearing the end, depending on the wishes of federal prosecutors.

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World Stocks Mostly Lower After Toyota Warning

Updated: 12/22/2008 - World stock markets mostly fell Monday in light pre-Christmas trade after Japan's Toyota Motor Corp. issued its second profit warning in less than two months amid plunging car sales around the globe.

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Widespread Winter Blast Strands Holiday Travelers

Updated: 12/21/2008 - A blast of winter in the nation's northern tier stranded travelers far and wide Sunday just a few days before Christmas, with dozens of flights delayed or canceled and bus passengers sleeping on cardboard at a Seattle terminal.

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Obama Names 4 Top Members of Science Team

Updated: 12/21/2008 - President-elect Barack Obama's selection Saturday of a Harvard physicist and a marine biologist for science posts is a sign he plans a more aggressive response to global warming than did the Bush administration.

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AP Study Finds $1.6B Went to Bailed-Out Bank Execs

Updated: 12/21/2008 - Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits in the calendar year 2007, an Associated Press analysis reveals.

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