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Oil Falls Below $69 on US Recession Fears

Posted: 10/22/2008 - Oil prices fell below US$69 a barrel Wednesday as investors shrugged off a looming OPEC production cut after company forecasts suggested the U.S. may be headed for a severe economic slowdown that would crimp demand for crude.

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Possible Changes on the way at St. Louis Gateway Arch Grounds

Posted: 10/22/2008 - The National Park Service favors a plan that would allow for changes to the look of the Gateway Arch grounds. Park officials say if the preferred alternative is approved, a design competition would be held to generate ideas to revitalize the grounds of the Jefferson National Expansion Memorial.

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Wachovia Reports $23.9B Loss for 3Q

Posted: 10/22/2008 - Wachovia Corp. on Wednesday reported a staggering $24 billion loss as it took a goodwill impairment charge of nearly $19 billion ahead of its acquisition by Wells Fargo & Co.

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Stocks Open Lower as Investors Watch Earnings

Posted: 10/22/2008 - Wall Street tumbled again Wednesday as investors again shifted their focus away from improving credit markets and fixated on worrisome corporate earnings that are raising fears of a deep and painful recession.

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Boeing's 3Q Profit Dives 38%

Posted: 10/22/2008 - Boeing Co., the world's No. 2 commercial airplane maker, said Wednesday its third-quarter earnings plummeted 38 percent as a strike and supplier production problems hurt results. Its shares fell nearly 5 percent in morning trading.

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McDonald's 3Q Profit Jumps 11%

Posted: 10/22/2008 - A big jump in overseas and U.S. sales boosted McDonald's Corp.'s third-quarter profit by 11%, the company said Wednesday, a result that handily beat Wall Street's expectations.

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Dow Drops 280 in early Trading on Earnings Woes

Posted: 10/22/2008 - Wall Street tumbled again Wednesday as investors again shifted their focus away from improving credit markets and fixated on worrisome corporate earnings that are raising fears of a deep and painful recession.

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Simpson Trial Witness Sues Dr. Phil For Defamation

Posted: 10/22/2008 - The memorabilia dealer who led O.J. Simpson to a hotel room where an infamous robbery occurred filed a lawsuit Tuesday against the "Dr. Phil" show claiming his remarks in an interview were spliced to change their meaning.

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Yeah, That's Right. Beyonce's Meeting Me At Bridge

Posted: 10/22/2008 - A Detroit-area man faces a variety of charges after nearly hitting a patrol car and telling police that singer Beyonce was waiting to meet him in New York, authorities said.

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India Launches 1st Unmanned Moon Mission

Posted: 10/22/2008 - India launched its first mission to the moon Wednesday, rocketing a satellite up into the pale dawn sky in a two-year mission to redraw maps of the lunar surface.

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Toni Braxton Booted From 'Dancing With The Stars'

Posted: 10/22/2008 - Toni Braxton will no longer break it down on "Dancing with the Stars." The singer and her professional partner, Alec Mazo, were eliminated Tuesday from ABC's popular dancing competition.

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Wal-Mart Sets New Rules For Chinese Suppliers

Posted: 10/22/2008 - Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will set new quality standards for its suppliers amid a scare over toxic milk products that have sickened tens of thousands of babies across China.

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Samsung Withdraws Bid To Acquire SanDisk

Posted: 10/22/2008 - Samsung Electronics Co. said Wednesday it has withdrawn a $26 a share bid to acquire SanDisk Corp., but suggested it was still interested in buying the U.S. flash memory card maker at a lower price.

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Toni Braxton Booted From Dancing With The Stars

Posted: 10/22/2008 - The singer and her professional partner, Alec Mazo, were eliminated Tuesday from ABC's popular dancing competition. The pair received a score of 22 out of 30 from the show's judges during Monday's performance after a respectable West Coast swing routine.

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Oil Falls Below $71 As Dollar Gains Against Euro

Posted: 10/22/2008 - Oil prices slumped back below $71 a barrel Tuesday as a stronger dollar overshadowed expectations of a sizable OPEC output cut and led investors to shed commodities bought as an inflation hedge.

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VA Pharmacy Follows Faith; No Birth Control Sales

Posted: 10/22/2008 - A new drug store at a Virginia strip mall is putting its faith in an unconventional business plan: No candy. No sodas. And no birth control. Divine Mercy Care Pharmacy is among at least seven pharmacies across the nation that are refusing as a matter of faith to sell contraceptives of any kind, even if a person has a prescription.

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NASA Chief: Criticism Hurting Space Agency Morale

Posted: 10/22/2008 - Unfounded criticism of America's next-generation moon rocket is hurting NASA morale but hasn't stopped progress on the craft, the space agency's administrator Michael Griffin said Tuesday.

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India Launches First Unmanned Moon Mission

Posted: 10/22/2008 - India launched its first mission to the moon Wednesday, rocketing a satellite up into the pale dawn sky in a two-year mission to redraw maps of the lunar surface.

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