Citigroup Poised To Axe Up To 32,000 Jobs Citigroup, the world’s largest financial services group, is believed to be
planning to axe up to 10 per cent of its workforce in a bid to stem rising
losses.... Read Full ArticleSpring Housing Misery As Mortgages Levels Fall Mortgage lending slumped by 17 per cent in the 12 months to March after the
rising cost of home loans and tightening credit conditions dampened the
start of the traditional spring house buying seaso... Read Full ArticleTop Lender Sees Mortgage Woes For ?Good? Risks Countrywide Financial, the nation’s largest mortgage lender, said yesterday that more borrowers with good credit were falling behind on their loans.... Read Full ArticleTrash Talk TV New Tom Cruise not stoked by the name of a toke.... Read Full ArticleHome Depot Job Cuts Home Depot, the home improvement retailer, may cut as many as 1,000 jobs as it reduces human-resources departments in stores by half to shift more workers to the sales floor.... Read Full Article
International News
Putin Denies Reports of His Divorce 2008-04-19 05:50 - President Vladimir V. Putin bluntly dismissed rumors that he had secretly divorced his wife for the affections of a gymnast less than half of his age.
U.S. Begins Erecting Wall in Sadr City 2008-04-19 05:50 - The construction of a massive concrete wall is intended to turn the southern quarter of Sadr City near the Green Zone into a protected enclave.
China Said to Arrest 100 Protesting Monks 2008-04-19 05:50 - As many as 100 Tibetans were arrested in northwest China on Thursday after they took part in a demonstration to protest the earlier detention of monks from a nearby monastery.
Penitent Pope meets victims of sexual abuse by priests 2008-04-19 05:45 - Pope Benedict XVI met victims of sexual abuse by American clergy yesterday in
the most dramatic signal yet of his efforts to atone for the scandal that
has inflicted heavy damage on the Catholic Church in the United States.
Texas polygamist sect case collapses into farce 2008-04-19 05:45 - A court hearing to decide the fate of 416 children swept up in a raid on a
polygamous sect collapsed into farce yesterday, as the judge struggled to
keep control of hundreds of lawyers.
Fabio Capello close to tears among Lesotho children 2008-04-18 06:01 - His players know him as an unflinching hard man, but about 6,000 miles from
his adopted home, Fabio Capello was on the verge of tears yesterday. Sitting
in a tent in Lesotho, watching a 14-year-old boy put himself through the
trauma of an HIV test, the England manager confessed to being an emotional
wreck as he waited and waited for the boy’s results to come through - and he
was not the only one.
Suspects ’threw away bomb making equipment in park’ 2008-04-18 06:01 - A group of men accused of plotting to lead a wave of suicide bomb attacks on
transatlantic airliners threw away bomb-making materials as they were
watched by undercover police, a court heard today.
