Stocks Decline After Bernanke Statement
February 15, 2008
(Long Island,N.Y.) Federal Reserve chairman Ben Bernanke’s statement of their expectations of a “sluggish” economic year for the country factored in heavily for the market’s sudden retreat. The Dow Jones industrial finished Thursday down 175.26 points or 1.40% lower than the previous day of trading to end with 12376.98.
Both Ben Bernanke and Treasury Secretary Henry […]
Study Reveals Obese People More Likely to Procure Cancer
February 15, 2008
(Long Island, N.Y.) In a recent study published on Journal Lancet earlier in the week, researchers worldwide were able to conclusively prove that obese people in both sexes have better chances of contracting cancer cells on different parts of the body compared to a physically fit person.
In probably the broadest research study made for Cancer […]
7-Time Cy Young Award Winner Roger Clemens Grilled by Congress
February 14, 2008
(Long Island, N.Y.) Roger Clemens, a seven time CY Young winning pitcher for the New York Yankees underwent a 4 ½ hour grilling by the House Oversight and Government Reform Committee in congress yesterday for allegedly using anabolic steroids and human growth hormone (HGH) to enhance physical condition and enhance performance.
Seated in the same table […]
Judges Narrow Down American Idols to 24
February 14, 2008
(Long Island, N.Y.) The number one reality TV show in the US “American Idol” narrowed down its Hollywood hopefuls last night to 24 contestants as judges Simon Cowell, Randy Johnson and Paula Abdul shook the competition with some courageous cuts to some candidates already considered to be fan favorites entering the competition.
Heading the list of […]
President Bush Signs Stimulus Deal
February 14, 2008
(Long Island, N.Y.) President George W. Bush on Wednesday signed the proposed stimulus package by Congress with the hopes of avoiding recession or to have a relatively short one if indeed our economy has already fallen into one which many experts and financial analyst claim signs prove that our economy is already in Recession. Among […]
Wall Street Gains Momentum
February 14, 2008
(Long Island, N.Y.) For the third time this week, Wall Street finished the day with positive figures easing some concerns from financial experts on worries of recession. The Dow Jones posted an increase of almost 180 points to end the day 1.45 percent higher at 12,552.24 while the Standard & Poor’s 500 index rose 18.35 […]
Writers Guild Strike Officially Ends
February 13, 2008
(Long Island, N.Y.) After leaders of the negotiating team for the American Writers Guild Association endorsed a proposed deal studio producers went to vote last Tuesday to decide if they should end the strike or proceed with work stoppage. A convincing 92% of the Guild’s members chose to end the strike and resume writing scripts […]
System Upgrade Caused Blackberry Outage
February 13, 2008
(Long Island, N.Y.) Research in Motion Limited which is a Canadian wireless device company and makers of the popular Blackberry handheld smartphone device in the US announced that a system upgrade designed to increase capacity in their network caused a 3-hour email outage last Monday which irked users nationwide.
A similar incidence happened a couple of […]
Stock Market Rallies Behind Buffet News
February 13, 2008
(Long Island, N.Y.) Billionaire Investor Warren Buffet almost single-handedly carried Wall Street to an impressive rally with his announcement to offer his help and financial support to struggling bond insurers which have previously caused serious uncertainties on Wall Street regarding the troublesome credit market and its possible decline.
In an effort to help our economy avoid […]
Kidney Cancer Drug Could Cause Heart Problems
February 13, 2008
(Long Island, N.Y.) In a research study funded by Pfizer Inc. a New York based company which currently ranks first in sales of pharmaceutical products in the US and makers of the popular kidney cancer drug Sutent discovered that patients taking the drug are more vulnerable to serious heart ailments than those seeking treatment in […]
