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U.S. markets recover from steep losses

LOS ANGELES, Nov. 7 (UPI) -- Los Angeles Times editor Dean Baquet is leaving his post reportedly under pressure from the newspaper's owner, Tribune Co.
Last month, Chicago-based Tribune ousted the newspaper's publisher, Jeff Johnson, and replaced him with David D. Hiller, then publisher of the Chicago Tribune, the Wall Street Journal said Tuesday. That ouster followed by only weeks the decision by both Baquet and Johnson to resist pressure from Tribune to lay off more staffers.
The L.A. Times is the biggest newspaper owned by Tribune, whose other media properties include the Chicago Tribune, Newsday and a chain of TV stations. The Tribune Co. has put assets of the media company up for sale.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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