Associated Press Writers= WASHINGTON (AP) — President-elect Barack Obama implored Congress on Thursday to "act boldly and act now" to fix an economy growing perilously weaker. Leading lawmakers set an informal goal of mid-February for enacting tax cuts and government spending that could cost as ...
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WASHINGTON (AP) — President-elect Barack Obama lunched at the White House with the current chief executive and three former presidents, a symbolic show of support that Obama said provided "advice, good counsel, and fellowship.’’ Before the rare meeting Wednesday, the first such in the ...
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CHICAGO -- A draft report by an Illinois legislative committee recommends the impeachment of Gov. Rod Blagojevich, who faces federal charges of corruption and bribery. The 21-member House special investigative committee said in the report released Thursday that "the totality of the evidence ...
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NEW YORK (MarketWatch) -- Russian energy giant Gazprom said Thursday that no agreement has been reached on sending multilateral monitors to oversee the transit of Russian gas to Europe via Ukraine in spite of diplomatic efforts by European Union officials. The composition of the monitoring team ...
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Jurors have begun deliberations in the trial of a former Southern California sheriff accused of accepting tens of thousands of dollars in bribes and kickbacks in exchange for the power of his office. The deliberations began Thursday in the corruption trial of Michael Carona. The former Orange County ...
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CHARLOTTE, N.C. -- Gillett Evernham Motorsports has reached a merger agreement with Petty Enterprises , creating a four-car team that will ensure the famed No. 43 races in 2009. The two teams agreed in principle Thursday, but said details of the transaction will not be released until the deal is ...
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Schlumberger Ltd., the world's largest oilfield services company, says it's eliminating up to 1,000 jobs in North America, or about 5 percent of its work force, and is looking at cuts elsewhere globally. Schlumberger and other service companies have seen business fall off as crude prices have ...
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