Giuliani's Florida Gamble

Breaking News
January 12, 2008

World

Navy Fired Shots At Iranian Craft In Dec.

The U.S. Navy said Friday that one of its ships had fired warning shots
at a small Iranian boat in the Strait of Hormuz in December during one
of two serious encounters with such craft that month. 

Breaking News Sat., January 12, 2008

Date: Sat, 12 Jan 2008 12:35:45 -0800

POLICE SAY THEY HAVE FOUND REMAINS OF A PREGNANT WOMAN AND AN UNBORN
FETUS IN YARD OF MISSING PREGNANT MARINE CASE SUSPECT

Markets Friday, 01/11/2008

Friday, 1/11/2008

| Dow : 12606.30 down 246.79

| S & P : 1401.02 down 19.31

| NASDAQ: 2439.94 down 48.58

| Bond (10Y): 3.78%, 103.78

MARKETS:
Stocks get pummeled
Wall Street suffers big selloff after AmEx profit warning, possible
Merrill Lynch writedowns revive recession fears.

Gold tops $900 on possible rate-cut; up $32 in week

Date: Fri, 11 Jan 2008 22:06:08 (GMT)

Gold tops $900 on possible rate-cut; up $32 in week

Gold futures nudged to within 10 cents of the $900 per-ounce level in
electronic trading Friday, extending a record run after comments by
Federal Reserve Chairman Ben Bernanke were widely interpreted as
signaling further rate cuts.

Market Snapshot: Stocks close sharply lower; Dow off 658 points since
year began

U.S. stocks dropped steeply on Friday, socking the Dow industrials with
triple-digit losses, as write-downs in the financial sector signaled
slowing consumer spending and sparked more talk of a recession.

Economic Report: U.S. import prices unchanged in December

WASHINGTON
Prices of goods imported into the United States were unchanged in
December after rising by an upwardly revised 3.3% in November, the Labor
Department reported Friday.

Capitol Report: Dramatic change of tone at the Federal Reserve

SAN FRANCISCO
It looks like the Federal Reserve might finally get it: the risks of a
recession outweigh the risks of inflation.

Bank of America to buy Countrywide Financial for $4 billion

Bank of America said Friday it's buying Countrywide Financial for $4
billion, confirming rumors that first emerged Thursday, in a move that
will make it the top mortgage lender and loan servicer in the U.S.

Stocks end another torturous week lower as investors react to recession fears, Merrill writedown worries and AmEx woes.

Date: Fri, 11 Jan 2008 16:00:52 -0500

Stocks end another torturous week lower as investors react to recession
fears, Merrill writedown worries and AmEx woes.

Dow falls over 300 points as Wall Street reacts to a bleak economy with less than an hour left in trading.

Date: Fri, 11 Jan 2008 15:23:49 -0500

Dow falls over 300 points as Wall Street reacts to a bleak economy with
less than an hour left in trading.

Dow industrials down nearly 240 points to intraday low as selling intensifies

Date: 11 JAN 2008 18:25:02 GMT
BULLETIN:
Dow industrials down nearly 240 points to intraday low as selling
intensifies
1/11/2008 1:23:01 PM

Breaking News: Marion Jones sentenced to six months in jail

Date: Fri, 11 Jan 2008 11:21:48 -0600

WHITE PLAINS, N.Y. (AP) - Disgraced Olympian Marion Jones, whose speed
and smile made her an international superstar until steroid use led to
her downfall, was sentenced Friday to six months in prison for lying to
investigatorsabout. performance-enhancing drugs and a check-fraud scam.

Dow sheds 175 points as write-downs weigh on financials

Date: Fri, 11 Jan 2008 17:01:06 (GMT)
Dow sheds 175 points as write-downs weigh on financials

U.S. stocks drop steeply, quickly knocking more than 175 points off the
Dow industrials, as write-downs for American Express Co. and,
reportedly, Merrill Lynch & Co. weigh heavily on the equities market.

Bank of America to buy Countrywide Financial for $4 billion

Bank of America said Friday it's buying Countrywide Financial for $4
billion, confirming rumors that first emerged Thursday, in a move that
will make it the top mortgage lender and loan servicer in the U.S.

Merrill Lynch reportedly facing a massive write-down

LOS ANGELES
The nation's largest brokerage firm, Merrill Lynch & Co., is expected to
report losses of $15 billion stemming from soured mortgage investments,
according to a published report Friday.

Weak December retail sales spark 2008 concern

U.S. retailers reported disappointing holiday sales in December, which
in turn sparked some profit warnings, after promotions, last-minute
shopping and gift-card redemptions failed to turn around lackluster
performance in the largest sales month of the year.

China's trade surplus narrows in December on greater imports

HONG KONG
China's trade surplus contracted in December, narrowing for the second
straight month, as strong domestic consumption and higher commodity
prices led to faster growth in imports.

Economy Slumps To The Top Of The Campaign

Breaking News
January 11, 2008
U.S.

Violent Storms Ravage South, Flood Midwest

Powerful thunderstorms packing heavy rain and high winds pushed across
Alabama and Mississippi, causing property damage and traffic deaths.
Tornadoes, floods tore through several U.S. states, causing property
damage and evacuations.
------------------
World

Bush Leaves Israel, Seeks Arab Support

U.S. President George W. Bush sought Arab support for a U.S.-backed
Mideast peace deal, but the Bush administration said not to expect a
"blinding flash" of Arab cooperation for the restarted
Israel-Palestinian negotiations. 
____________
Politics

Economy Slumps To The Top Of The Campaign

A year ago, the candidates faced a political environment dominated by
Iraq, illegal immigration and terrorism. Now they are rewriting their
playbooks as it appears that the race may actually be shaped by the
economy, the Washington Post reports.
____________
Health

1% Of Autism Due To Unstable Genes

Duplication or deletion of genes in a "hot spot of genetic instability"
accounts for 1% of early autism cases, researchers find. This is at
least as large a subset of autism cases as any other single factor is
known to cause, the researchers note.
______________
Business

U.S. Trade Deficit Surged In November

The U.S. trade deficit in November surged to the highest level in 14
months, reflecting record imports of foreign oil. The deficit with China
declined slightly while the weak dollar boosted exports to another
record high. 

Gold futures hit $900-an-ounce mark

Date: 11 JAN 2008 15:45:09 GMT

BULLETIN:
Gold futures hit $900-an-ounce mark
1/11/2008 10:43:12 AM

Breaking News: Bank of America to buy Countrywide for $4B

Date: Fri, 11 Jan 2008 06:40:03 -0600

CHARLOTTE (AP) - Bank of America Corp. said Friday it has agreed to buy
Countrywide Financial for $4 billion, a deal that rescues the country's
largest mortgage lender.

U.S. trade deficit's a surprise, widening to $63.1 billion in November

Date: 11 JAN 2008 13:33:57 GMT
BULLETIN:
U.S. trade deficit's a surprise, widening to $63.1 billion in November
1/11/2008 8:31:51 AM

Dow industrials down as much as 144 points early Frday

Date: 11 JAN 2008 14:43:02 GMT
BULLETIN:
Dow industrials down as much as 144 points early Frday
1/11/2008 9:41:10 AM

American Express to take a $440 million charge in 4th quarter due to a slowdown in cardmember spending.

Date: Thu, 10 Jan 2008 16:30:49 -0500

American Express to take a $440 million charge in 4th quarter due to a
slowdown in cardmember spending.

U.S. stocks surge to end volatile day higher; Dow up 117

Date: Thu, 10 Jan 2008 19:02:43 -0500

Date: Thu, 10 Jan 2008 22:06:10 (GMT)

U.S. stocks surge to end volatile day higher; Dow up 117

U.S. stocks lost ground on Thursday after credit-card issuer Capital One
Financial Corp. undershot its profit forecast and major retailers
reported weak December sales, intensifying concerns about the economy's
malaise.

Bank of America reported in talks to buy Countrywide

Bank of America is in advanced talks to acquire Countrywide Financial,
possibly stepping in to save the struggling mortgage lender, The Wall
Street Journal reported on Thursday, citing unidentified people familiar
with the matter.

Delta shares soar as airline moves closer to merger talks

Delta Airline shares jumped more than 12% Thursday on the renewed
potential of a merger following various reports that people within the
company is mulling a potential merger with either United Airlines or
Northwest Airlines.

Weak December retail sales spark 2008 concern

U.S. retailers reported disappointing holiday sales in
December, which in turn sparked some profit warnings, after promotions,
last-minute shopping and gift-card redemptions failed to turn around
lackluster performance in the largest sales month of the year.

Mortgages: Rate on 30-year fixed mortgage at lowest in more than two
years

Weak economic conditions pressured U.S. mortgage rates this week, with
the 30-year fixed-rate mortgage falling to its lowest level since
September 2005.

Forums in Chinese:

Date: 10 Jan 2008 17:58:06 -0000
如何看中國的醫療保健？

In 網上互動

如何看中國的醫療保健制度？中國的醫療保健應該靠政府福利，還是應該靠市場解決？
More...go to

http://www.bloglines.com/blog/johnDispatch

Wholesale inventories getting even leaner

JAN 10, 2008
Wholesale inventories getting even leaner

WASHINGTON
Higher oil prices sent sales of U.S. wholesalers up 2.2% in November,
the biggest gain in more than two years, the Commerce Department
reported Thursday.

Market Snapshot: U.S. stocks decline on weak retail sales, Capital One
warning

U.S. stocks lost ground on Thursday after credit-card issuer Capital One
Financial Corp. undershot its profit forecast and major retailers
reported weak December sales, intensifying concerns about the economy's
malaise.

Weak December retail sales spark 2008 concern
U.S. retailers reported disappointing holiday sales in
December, which in turn sparked some profit warnings, after promotions,
last-minute shopping and gift-card redemptions failed to turn around
lackluster performance in the largest sales month of the year.

Forecaster of the Month: Year's top forecaster is getting nervous

WASHINGTON
The most accurate forecaster in December and for all of 2007 is getting
a bit nervous about his call that the U.S. economy will avoid recession
this year. S

Fed chief Ben Bernanke says the central bank is ready to cut interest rates again, AP reports.

Date: Thu, 10 Jan 2008 12:23:49 -0500

Fed chief Ben Bernanke says the central bank is ready to cut interest
rates again, AP reports.

Primary Battles Remain Wide-Open

Breaking News
January 10, 2008

Primary Battles Remain Wide-Open

Hillary Clinton and John McCain each left New Hampshire elated over
their victories, but neither could look ahead with confidence at a
compressed calendar that will culminate in the biggest primary day on
Feb. 5, the Washington Post reports. 
--------------------
U.S.

CIA Official Wants Tape Testimony Immunity

Attorneys for Jose Rodriguez told Congress the former CIA official won't
testify about the destruction of CIA videotapes without a promise of
immunity, two people close to the tapes inquiry said Wednesday. 
--------------------
Politics

John Kerry To Endorse Barack Obama

Barack Obama has won the presidential endorsement of Sen. John Kerry,
the Democrats' 2004 nominee.

Iran Fires Back With Its Own Boat Video

Breaking News
January 10, 2008

Bush "Confident" Of Mideast Peace In 2008

An optimistic President Bush has again predicted that Mideast peace will
be achieved by the time he leaves office. After meeting the Palestinian
leader in Ramallah, he declared the elusive agreement sought for decades
is now just around the corner. 

--------------------
U.S.

CIA Official Wants Tape Testimony Immunity

Attorneys for Jose Rodriguez told Congress the former CIA official won't
testify about the destruction of CIA videotapes without a promise of
immunity, two people close to the tapes inquiry said Wednesday. 

--------------------
World

Iran Fires Back With Its Own Boat Video

Iran aired video of its boats and U.S. naval ships in the Persian Gulf
in an apparent attempt to show that there was no confrontation between
the vessels. Iran called the Pentagon's video of the incident a
fabrication. 

--------------------
Politics

Richardson's Presidential Race Is Over

New Mexico Gov. Bill Richardson will end his campaign for the U.S.
presidency after twin fourth-place finishes that showed his impressive
credentials could not compete with his rivals' star power, the AP
reported. 
--------------------
Health

Study Links Vitamin C To Stroke Risk

Though the science behind it continues to confound researchers, a new
study shows clearly that getting a healthy dose of vitamin C through
eating fruit and vegetables can greatly reduce the risk of stroke. 
--------------------
SciTech

U.S. Increasingly A YouTube Nation

Nearly half of Americans who use the Internet have used a video-sharing
site such as YouTube; and daily traffic to watch or post video doubled
last year, a new survey finds. 

--------------------
Business

Indian Company Unveils The $2,500 Car

India's Tata Motors on Thursday unveiled its much anticipated $2,500
car, an ultra-cheap price tag that brings car ownership into the reach
of tens of millions of people. But critics worry the car could create an
environmental nightmare. 

News Alert! John Kerry Endorses Barack Obama

Date: Thu, 10 Jan 2008 09:40:24 -0500

CBS News has learned 2004 Democratic presidential nominee John Kerry is
endorsing Barack Obama in the 2008 race for the White House.

Markets Wednesday, 01/9/2008

Wednesday, 1/9/2008

| Dow : 12735.31 up 146.24

| S & P : 1409.13 up 18.94

| NASDAQ: 2474.55 up 34.04

| Bond (10Y): 3.82%, 103.44

MARKETS:
Stocks pull off comeback
Wall Street bounces back as investors scoop up shares hit in the recent
selloff.

Rates below 6% on some mortgages signals good time to refinance

Date: Wed, 09 Jan 2008 22:06:08 (GMT)
Rates below 6% on some mortgages signals good time to refinance

BOSTON
Greg McBride, senior financial analyst for Bankrate.com, says interest
rates on home loans have fallen by roughly half a percentage point since
Christmas as lenders have taken a dour outlook on the economy and
projected it forward.

Futures Movers: Crude down on concerns U.S. may fall into recession

SAN FRANCISCO
Crude-oil futures ended Wednesday's volatile session modestly lower as
worries about a possible U.S. recession outweighed an eighth week of
declining U.S. crude inventories.

Market Snapshot: U.S. stocks close with strong gains on bargain-buying
binge

U.S. stocks bounce around, lifted in part by an upbeat forecast from
DuPont but tempered by a recession forecast from Goldman Sachs.

Alcoa to kick off downbeat round of earnings reports

SAN FRANCISCO
Get ready for a roller-coaster of an earnings season.

The Fed: Investment professionals blew it, Fed's Poole says

WASHINGTON
Investment professionals' "shortsightedness" led them to make
fundamental errors that led to the mortgage crisis and credit meltdown,
St. Louis Federal Reserve President William Poole said Wednesday.

Goldman Sachs: Brace For Recession In 2008

Breaking News
January 9, 2008

9 U.S. Troops Killed In Iraq

Nine American soldiers were killed in the first two days of a new
American drive to kill al Qaeda in Iraq fighters holed up in districts
north of the capital, the U.S. military reported. 

--------------------

Politics

Mitt Romney Sets Sights On Michigan

Mitt Romney is hoping to tap into the economic unease here to help
revive his presidential chances in next Tuesday's primary. In return,
Michigan is hoping to make sure he'd be a friend in the White House. 
--------------------
SciTech

Study: Prairie Grass Produces Ethanol

New research shows that prairie grasses grown using only moderate
amounts of fertilizer on marginal land can produce significant amounts
of ethanol.
--------------------
Business

Goldman Sachs: Brace For Recession In 2008

Get ready for the recession. That's the advice from Goldman Sachs. The
world's most profitable security firm is forecasting a contraction in
economic activity likely to last two to three quarters. It would be the
first recession in six years.

Stocks snap back in a late-session rally as investors put economic worries aside and opt to pick up bargains.

Date: Wed, 9 Jan 2008 16:00:52 -0500

Stocks snap back in a late-session rally as investors put economic
worries aside and opt to pick up bargains.

U.S. stocks start higher as DuPont raises forecast

Date: Wed, 09 Jan 2008 17:01:11 (GMT)

U.S. stocks move higher, lifted in part by a raised 2008 forecast from
chemicals giant and Dow industrials component DuPont but tempered by a
recession forecast from Goldman Sachs.

DuPont says global farm growth to boost 2008 profit outlook

NEW YORK
E.I. du Pont de Nemours & Co. expects 2007 profit to come in at the
upper end of its previously forecast range of $3.15 to $3.20 a share,
thanks to emerging-market growth, particularly for its agriculture and
nutrition business, the chemicals giant said Wednesday.

Bond insurer MBIA slashes dividend to preserve capital

NEW YORK
MBIA Corp. is cutting its quarterly dividend by 62% as part of a plan to
preserve capital and maintain it's all-important AAA credit rating, the
bond insurer said Wednesday.

Marks & Spencer shares tumble after weak sales update

LONDON
Shares in Marks & Spencer tumbled as much as 21% Wednesday after
Britain's iconic clothing retailer reported declining same-store sales
in a further sign that the credit crunch has hit consumer spending.

Oil prices rebound after bigger-than-expected drop in crude inventories.

Date: Wed, 9 Jan 2008 10:32:09 -0500

Oil prices rebound after bigger-than-expected drop in crude
inventories.

Weekly U.S. crude-oil inventories drop 6.8 million barrels; gasoline, distillates higher

Date: 9 JAN 2008 15:35:07 GMT

BULLETIN

Weekly U.S. crude-oil inventories drop 6.8 million barrels; gasoline,
distillates higher
1/9/2008 10:33:10 AM

MBIA cuts quarterly dividend to 13 cents from 34 cents

Date: 9 JAN 2008 13:19:58 GMT

BULLETIN
MBIA cuts quarterly dividend to 13 cents from 34 cents
1/9/2008 8:17:57 AM

Breaking News: Clinton wins Democratic N.H. primary

Date: Tue, 08 Jan 2008 21:38:37 -0600

CONCORD, N.H. (AP) - Sen. Hillary Rodham Clinton won New Hampshire's
Democratic primary Tuesday night in a startling upset, defeating Sen.
Barack Obama and resurrecting her bid for White House.

News Alert! McCain Won N.H.

Date: Tue, 8 Jan 2008 20:12:24 -0500

Sen. John McCain won the GOP presidential primary in New Hampshire.

News Alert! Dem Race In N.H. Closer Than Expected; GOP Race Tight Too

Date: Tue, 8 Jan 2008 20:00:56 -0500

Exit polls suggest the Obama, Clinton race is closer than expected in
New Hamshire; GOP in a two-man race between McCain and Romney.

Markets Tuesday, 01/8/2008

Tuesday, 1/8/2008

| Dow : 12589.07 down 238.42

| S & P : 1390.19 down 25.99

| NASDAQ: 2440.51 down 58.95

| Bond (10Y): 3.77%, 103.91

MARKETS:
Wall Street's terrible Tuesday
Stocks sink for fifth of six sessions in 2008 after jump in consumer
credit, AT&T warning add to recession fears. Weak housing news and
spiking oil and gold prices also factor.

U.S. stocks plunge in late trading; Nasdaq falls for 8th day

Date: Tue, 08 Jan 2008 22:06:15 (GMT)

U.S. stocks plunge in late trading; Nasdaq falls for 8th day

U.S. stocks fell sharply Tuesday as Countrywide Financial Corp. denied
bankruptcy speculation and AT&T Inc. pointed to softness in its
broadband and phone line business, pushing the Nasdaq Composite into an
eighth day of losses.

Countrywide says it's not filing for bankruptcy as shares slump

Countrywide Financial said that it's not filing for bankruptcy as
speculation swirls about the mortgage lender needing billions of dollars
in extra cash to survive.

CES notebook: Comcast gets a big seat at the table

CES notebook has the latest dispatches from the Consumer Electronics
Show in Las Vegas.

The Fed: Three banks wanted bigger rate cut; two wanted none

Federal Reserve officials disagreed sharply in early December about
whether the Fed should cut interest rates aggressively or not at all,
according to the latest minutes.

New Hampshire voting underway as candidates push 'change'

WASHINGTON
White House hopefuls made their final push to score votes in New
Hampshire on Tuesday as residents there flocked to the polls to begin
casting their ballots in the next critical step in the U.S. presidential
nominating process.

Stocks tumble as Nasdaq marks its 8th straight loss. Dow has shed more than 600 points since start of 2008.

Date: Tue, 8 Jan 2008 16:01:54 -0500

Stocks tumble as Nasdaq marks its 8th straight loss. Dow has shed more
than 600 points since start of 2008.

Dow industrials down more than 200 points near the close

Date: 8 JAN 2008 20:53:25 GMT

BULLETIN
Dow industrials down more than 200 points near the close
1/8/2008 3:51:01 PM

Fed was split on December rate cut: minutes

Date: 8 JAN 2008 19:05:39 GMT

BULLETIN
Fed was split on December rate cut: minutes
1/8/2008 2:03:17 PM

U.S. stocks higher as CEO changes bolster market

Date: Tue, 08 Jan 2008 17:06:15 (GMT)
U.S. stocks higher as CEO changes bolster market

NEW YORK
U.S. stocks gained Tuesday as an executive shakeup at Starbucks Corp.
prompted an upgrade of the coffee chain and as investors reacted to a
report that Bear Stearns Cos.' chief executive plans to give up the
post.

Economic Report: Pending home sales sink 2.6% in November

Sales contracts on previously owned homes fall by 2.6% in November, a
sign that home sales could continue to decline.

Bear Stearns' Cayne to step down as CEO: report

SAN FRANCISCO
Battered by embarrassing losses at two big hedge funds, a distressed
share price and a weakened balance sheet, James Cayne is reportedly
relinquishing the post of chief executive at Bear Stearns Cos. and
retreating to his chairman's office.

Schultz takes back over at Starbucks

Starbucks taps its former leader in a bid to steer the struggling coffee
retailer in the right direction.

Candidates promise change in last push in New Hampshire

WASHINGTON
White House hopefuls made their final push to score votes in New
Hampshire on Tuesday as residents there prepared to case their ballots
in the next critical step in the U.S. presidential nominating process.

It's primary day in New Hampshire

Date: Tue, 8 Jan 2008 09:00:44 -0800 (PST)
It's primary day in New Hampshire

Obama, McCain get early nods in first votes from New Hampshire primary.

News Alert: 1/08/2008

Date: 8 Jan 2008 16:04:47 -0000
美國經濟已經"開始衰退"

金融財經

美林證券（Merrill
Lynch）公布報告說，美國經濟已經開始衰退。
More...go to

http://www.bloglines.com/blog/johnDispatch

Realtors' pending home sales down 2.6% in latest month, weaker than forecast; 3rd weakest reading ever.

Date: Tue, 8 Jan 2008 10:00:49 -0500

Realtors' pending home sales down 2.6% in latest month, weaker than
forecast; 3rd weakest reading ever.

Coffee giant Starbucks fires CEO Jim Donald who'll be replaced effective immediately by company chairman Howard Schultz.

Date: Mon, 7 Jan 2008 17:01:54 -0500

Coffee giant Starbucks fires CEO Jim Donald who'll be replaced effective
immediately by company chairman Howard Schultz.

Markets Monday, 01/7/2008

Monday, 1/7/2008

| Dow : 12827.49 up 27.31

| S & P : 1416.18 up 4.55

| NASDAQ: 2499.46 down 5.19

| Bond (10Y): 3.83%, 103.38

MARKETS:
Stocks ward off losses
Wall Street manages to stabilize at the end of a rollercoaster day.
Paulson speech, Iran confrontation and falling oil prices all factor
into a choppy session.

U.S. stocks sputter to mixed close; Nasdaq extends losing streak

Date: Mon, 07 Jan 2008

U.S. stocks sputter to mixed close; Nasdaq extends losing streak

U.S. stocks wobbled Monday, with the Nasdaq extending losses into a
seventh session, as equities trade fluctuated between worries about the
economy and buyers swooping in to pick up shares in the wake of Friday's
steep price drop.

Will 2008 mark New Hampshire's last hurrah?

LOS ANGELES

For years the tiny state of New Hampshire has served as the best first
indicator of how a presidential candidate will do, and may well prove to
be a good measure this year as well when voters there cast ballots
Tuesday in the nation's first primary.

Gates bids farewell to tech gathering

LAS VEGAS

Bill Gates took the opportunity in his latest keynote address at the
annual Consumer Electronics Show on Sunday to bid an early farewell to
the industry.

Therese Poletti's Tech Tales: Commentary: No CES tears; Microsoft must
look to the future

LAS VEGAS

Microsoft Corp. and Chairman Bill Gates have fun every year jesting
about the more human side of the world's richest man during his keynote
and video at the Consumer Electronics Show.

MarketWatch First Take: McDonald's might win some converts in coffee
quest

Here comes the McLatte. Word that McDonald's Corp. is taking aim at
Starbucks Corp. by rolling out coffee bars in its almost 14,000 U.S.
locations isn't surprising. For years the hamburger chain has been
looking to snag the Starbucks customer -- someone who's happy to pay a
steep premium for a relatively cheap product.

U.S. stocks drop as early rally on oversold conditions fades

JAN 7, 2008
U.S. stocks drop as early rally on oversold conditions fades

U.S. stocks on Monday retreated from an initial bid higher, losing
traction amid a dearth of news to keep the equities higher. .

Investors seeking control of CNet: report

A group of investment funds has reportedly acquired a 21% stake in the
online media company CNet Networks and is seeking to take over the
company's board.

Futures Movers: Crude oil declines 2% on economic concerns

Crude-oil futures decline 2%, as traders lock in gains amid lingering
worries that a worsening economic slowdown could lower U.S. oil demand.

Gates bids farewell to tech gathering

LAS VEGAS
Bill Gates took the opportunity in his latest keynote address at the
annual Consumer Electronics Show on Sunday to bid an early farewell to
the industry.

Poll: Obama Up Big In New Hampshire

Breaking News
January 7, 2008

Poll: Obama Up Big In New Hampshire

A new survey showed Democratic presidential candidate Sen. Barack Obama
opening a wide lead over rival Sen. Hillary Clinton in New Hampshire,
while the Republican race remained a statistical dead heat. 

Roger Clemens Files Defamation Suit

Roger Clemens beat Brian McNamee to court, filing a defamation suit
against the former trainer who claimed to have injected him with
performance-enhancing drugs. 
-------------------------------------------
World

Kenyan Opposition Leader Cancels Protests

Kenya's opposition leader canceled planned nationwide protest rallies
amid fears they could ignite new bloodletting after political and ethnic
violence that has already killed some 500 people. 

Watch: Kenya Fears Civil War
---------------------------------------------
Politics

Clinton, Romney Go On Offense In N.H.

Hillary Clinton, slipping further behind her chief rival in the
Democratic primary here, has taken direct control over her strategy and
message as she scrambles to block the ascent of Barack Obama, the
Washington Post reports. 

Treasury Secretary Paulson says there are no simple solutions to solve housing crisis, AP reports.

Date: Mon, 7 Jan 2008 11:12:51 -0500

Treasury Secretary Paulson says there are no simple solutions to solve
housing crisis, AP reports.

Before the Bell: January 7, 2008

Date: Mon, 07 Jan 2008 AN 7, 2008

Early action signaled opening gains as investors debated what stocks to
buy in an economic slowdown and portfolios were repositioned
accordingly.

Clinton, Romney Go On Offense In N.H.

Date: Mon, 7 Jan 2008 08:30:03 -0500

Clinton, Romney Go On Offense In N.H.

Hillary Clinton, slipping further behind her chief rival in the
Democratic primary here, has taken direct control over her strategy and
message as she scrambles to block the ascent of Barack Obama, the
Washington Post reports. 

Breaking News: Poll finds Obama, McCain lead in N.H.

Date: Sun, 06 Jan 2008 17:52:43 -0600

NASHUA, N.H. - A USA TODAY/Gallup Poll finds the onetime front-runners
in New Hampshire lagging as Democrat Barack Obama and Republican John
McCain have surged to leads before Tuesday's primary. Obama vaulted to a
13 percentage-point advantage over New York Sen. Hillary Rodham Clinton
three weeks after they were tied here. McCain gained a four-point edge
over Mitt Romney, a former governor of neighboring Massachusetts who has
campaigned almost as a favorite son.

News Alert

Date: Sun, 6 Jan 2008

In the first confrontation since Barack Obama and John Edwards both
topped Clinton in the Iowa caucus based on a message of change, Hillary
Clinton painted Obama as an opportunistic flip-flopper who talks a good
game, without delivering.

Romney Takes Largest Cut Of Wyo. Delegates

Date: Sat, 5 Jan 2008 16:00:02 -0500
Breaking News

Romney Takes Largest Cut Of Wyo. Delegates

Wyoming Republicans moved up their party's primary to Jan. 5 this year,
an attempt to weigh in early on the selection of a presidential nominee.
It did so by giving Its largest share of delegates to former Mass.
governor Mitt Romney.

Musharraf: Bhutto To Blame For Own Death

Breaking NewsJanuary 5, 2008
Musharraf: Bhutto To Blame For Own Death

In his first one-on-one interview since her assassination, Pakistan's
President Pervez Musharraf tells Lara Logan Benazir Bhutto is
responsible for her own death. Logan's report airs on 60 Minutes Sunday,
Jan. 6, at 7 p.m. ET/PT.