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• Oil plunges to 13-month low on global crisis
But analysts doubt an OPEC cut would reverse the extreme downward momentum on oil. OPEC’s decision last month to cut production by 520,000 barrels a day failed to halt the losses. Flynn said another output cut “may actually accelerate the slide ...
• Wall Street plunges; Dow drops below 8,000
There’s extreme fear and panic out there.” President Bush said Friday the government’s efforts to rescue the financial sector was powerful enough to succeed but that it would take some time to be fully implemented. His remarks came as finance ...
• Bush: ‘We can solve this crisis and we will’
The president's working group, which was created after the 1987 stock market crash, serves as crisis managers for the government during periods of extreme market turmoil. The new report said that significant progress had been made in such areas as ...
• Plastic film could make house lights obsolete
Inorganic LEDs, the pinhead-sized lights that adorn electronic gadgets, are beginning to show up in commercial lighting, where their extreme longevity compared to bulbs makes up for their high production cost. Since they're made with semiconductor ...
• Dozens of migrants missing, feared drowned
They move because they are compelled because of conflict...or by extreme poverty," appealed Guterres. He urged the international community to look "not only for pirates but also to look for these (human trafficking) situations in the Gulf of Aden." He ...