LONDON (Reuters) – The World Bank announced a $50 billion program on Tuesday to counter a decline in global trade and Britain called on G20 leaders to supply “the oxygen of confidence” to drag the world economy out of recession.
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World Bank offers trade boost, OECD casts G20 shadow
A widely watched index shows American home prices dropped by the sharpest annual rate on record in January. The Standard & Poor’s/Case-Shiller 20-city housing index released Tuesday tumbled by a record 19 percent from January 2008. It was the largest decline…
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US home price drops set records in Jan.
Ford Motor Co. said Tuesday it is offering a payment protection plan to help reassure consumers who may be putting off buying a new car because of worries about losing their job. The offer comes as auto sales have been battered by the recession and tight…
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Ford to cover car payments if buyer loses job
Drugstore operator Walgreen will offer free clinic visits to the unemployed and uninsured for the rest of the year, providing tests and routine treatment for minor ailments through its walk-in clinics _ though patients will still pay for precriptions….
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Walgreen giving free care to jobless and uninsured
An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes. In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return…
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Strengthening wind blew heavy, wet snow around the city Tuesday, adding to the strain on residents’ spirits and on the patchwork system of sandbag levees protecting them from the bloated Red River. However, there were no reports of problems with leaks or with… See the rest here:
A group led by billionaire investor Carl Icahn is offering $200 million to buy the Tropicana Casino and Resort in Atlantic City. The low-ball offer shows just how steep a toll the recession has taken on the economy and the casino industry in particular; a… Presented By:
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