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Two European banks cut interest rates
LONDON, Dec. 4 (UPI) -- Central banks in Britain and Sweden cut their key interest rates to 2 percent Thursday to provide liquidity to financial markets.
Larijani urges Obama to adopt new policy
Larijani urges Obama to adopt new policy
TEHRAN, Dec. 4 (UPI) -- U.S. President-elect Barack Obama should adopt a new foreign policy when it comes to the Middle East, Iranian Parliament Speaker Ali Larijani says.
Human rights groups praise Lebanon ruling
BEIRUT, Lebanon, Dec. 4 (UPI) -- International human rights organizations say a court ruling in Lebanon that freed human rights activist Muhammad Mugraby was a major civil rights victory.
AbitibiBowater closing two paper mills
MONTREAL, Dec. 4 (UPI) -- Paper manufacturer AbitibiBowater announced Thursday it will close paper mills in Newfoundland, Canada, and Covington, Tenn., eliminating 1,100 jobs.
Meijer girl's hat and mitten sets recalled
WASHINGTON, Dec. 4 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Meijer Inc. girl's hat and mitten sets due to a choking hazard.
Authorities: TV report put suspect at risk
SAN ANTONIO, Dec. 4 (UPI) -- Authorities in Texas say a TV report placed a Texas Mexican Mafia member in danger by allegedly saying he was cooperating with investigators.
UPI NewsTrack Business
U.S. markets head lower ... Dodd: Inaction not solution for automakers ... Canadian auto union backs UAW concessions ... AT&T announces 12,000 job cuts ... News from United Press International.
Judge stops suspensions of two Vikings
Judge stops suspensions of two Vikings
ST. PAUL, Minn., Dec. 4 (UPI) -- NFL officials said they would fight a Minnesota judge's ruling that blocked the suspension of Vikings defensive linemen Kevin Williams and Pat Williams.
House of Commons enraged by police raid
LONDON, Dec. 4 (UPI) -- British officials said during a House of Commons meeting that a Scotland Yard raid of a opposition member's parliamentary office was unwarranted.
Mortgage rates drop again
WASHINGTON, Dec. 4 (UPI) -- Interest rates for 30-year, fixed-rate U.S. mortgages fell dramatically during the week, the Federal Home Loan Mortgage Corp. said Thursday.
Skeptics continue climate debate
Not everyone is sold on the possibility of climate-change catastrophe, even as policymakers worldwide push forward with legislation to halt greenhouse gas emissions.
Police arrest aunt in teen abuse case
TRACY, Calif., Dec. 4 (UPI) -- The aunt of a teenage boy apparently held captive in Tracy, Calif., for the past year was arrested after the battered, shackled boy escaped, police say.
Brazil calls on U.S. to drop ethanol tariff
MIAMI, Dec. 4 (UPI) -- Top officials at Brazil's state-run energy company Petrobras expect big things from President-elect Barack Obama next year, in particular a reduction of the tariff on Brazilian ethanol exported to the United States.
Dodd: Inaction not solution for automakers
Dodd: Inaction not solution for automakers
WASHINGTON, Dec. 4 (UPI) -- Federal inaction in the U.S. auto industry dilemma isn't a solution and plays a dangerous game with the economy, Sen. Christopher Dodd, D-Conn., said Thursday.
Canadian building permits down in October
OTTAWA, Dec. 4 (UPI) -- The value of building permits issued in Canada in October decreased 15.7 percent to $5.4 billion, the Statistics Canada agency reported from Ottawa Thursday.
Six Alamo Ministries kids found in Indiana
LITTLE ROCK, Ark., Dec. 4 (UPI) -- Six children in Indiana associated with the Tony Alamo Christian Ministries have been taken into custody, Arkansas child welfare officials said.
U.S. factory orders fall for third month
WASHINGTON, Dec. 4 (UPI) -- New orders for manufactured U.S. goods fell for the third consecutive month in October, the U.S. Census Bureau reported Thursday.
Genetically engineered cotton is released
WASHINGTON, Dec. 4 (UPI) -- The U.S. government says it has determined there are no food or feed safety concerns from the release of some unauthorized genetically engineered cotton.
AT&T announces 12,000 job cuts
DALLAS, Dec. 4 (UPI) -- U.S. corporate giant AT&T said Thursday it would trim its workforce about 4 percent, shedding approximately 12,000 jobs in response to a weaker economy.
Inauguration planners face challenge
Inauguration planners face challenge
WASHINGTON, Dec. 4 (UPI) -- Planners for President-elect Barack Obama's inauguration face the challenge of balancing a celebration with a numbing financial crisis, observers say.
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What's Happening Now?
Two European banks cut interest rates (2 min)
Larijani urges Obama to adopt new policy (5 min)
Human rights groups praise Lebanon ruling (11 min)
AbitibiBowater closing two paper mills (16 min)
Meijer girl's hat and mitten sets recalled (23 min)
Authorities: TV report put suspect at risk (25 min)
UPI NewsTrack Business (27 min)
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