Friday, January 16, 2009

NTSB agents arrive to investigate ditched US Airways flight

Date: Fri, 16 Jan 2009 12:01:11 -0500

NTSB agents arrive to investigate ditched US Airways flight

As the pilot of a US Airways jet that splashed down in the Hudson
River wins accolades, National Transport Safety Board investigators
arrive to begin their inquiry into the crash Thursday afternoon.

CITI, B. OF. A. RESULTS HAMMERED BY CRISIS

Citigroup unveils plans to dismantle more of its financial-services
empire and Bank of America says it will get billions of dollars in new
government support.

CITI TO OPERATE TWO UNITS, SPLIT BANK FROM TOXIC ASSETS

Citigroup Inc said it will realign into two businesses, Citicorp and Citi
Holdings, in effect reverting back to running a banking business
similar to its operations before Sandy Weill and his team turned the
firm into a financial supermarket over the last decade.

ECONOMIC REPORT: CONSUMER PRICES SHOW SMALLEST GAIN IN 54 YEARS

In another sign of the depth of the global economic slowdown, U.S.
consumer prices rises just 0.1% in 2008, the smallest increase in 54
years.

INTEL SHARES RISE AS ANALYSTS ANTICIPATE TURNAROUND

Intel Corp. shares rise despite the chip maker reporting a huge drop
in quarterly profit as analysts anticipate the market bottom for a
tech giant with
a history of surviving downturns.

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