New York - US stocks soared Wednesday for a fourth straight trading session.
Since its November 20 close, the broad-based Standard & Poor's 500 Index has gained 18 per cent as president-elect Barack Obama has announced appointments to financial posts within his administration and endorsed a push for major financial stimulus legislation. He takes office on January 20.
New York - Luxury goods concern Tiffany said Wednesday that the financial crisis had badly hurt company outlook, with the company now reducing payrolls and shelving new store openings.
In the third quarter which ended October 31, Tiffany's surplus had plunged more than 55 per cent to 44 million dollars.
However, the company said special bookkeeping factors accounted for some of the decline, noting that in the previous-year third quarter profts had been boosted by earnings from real estate sales.
Revenues in the third quarter, at 618 million dollars, were 1.4 per cent down from the same 2007 period, Tiffany said.
New York, November 25: Former high class call girl Natalie McLennan has described her time with New York Governor Eliot Spitzer''s favorite call girl, Ashley Dupre, in a tell all memoir.
Dupre, dubbed as an ‘informant’ during the Eliot Spitzer prostitution scandal, had been at the centre of the row that saw the politician patronising a prostitution service which ultimately led him to announce his resignation as governor.
New York, Nov 26 : John McCain, the Republican presidential candidate who lost to Barack Obama in the Nov 4 poll, has said that he would work in tandem with the President-elect in helping the country getting out of the economic recession at the earliest.
According to the New York Daily News, McCain last evening pledged to work with Obama on the economy and other issues.
According to the paper, McCain said he would visit Iraq and Afghanistan, then work with Obama to pass an economic rescue plan, and maybe even immigration reforms.
New York - US markets got a slight boost from government plans announced Tuesday to pump an additional 800 billion dollars into the struggling economy and unfreeze credit for consumers and small businesses.
The increases continued a three-day rally on Wall Street. The blue-chip Dow Jones Industrial Average rose 36.06 points, or 0.4 per cent, to 8,479.47. The broad-based Standard & Poor's 500 Index gained 5.58, or 0.7 per cent, to 857.39, while the technology heavy Nasdaq Composite Index slipped 7.29 points, or 0.5 per cent, to 1,464.73.
New York - Argentina and Jordan picked up their first ever International Emmy Awards Monday night as the UK once again dominated the awards show with seven prizes.
Argentina won in the TV Movie/Mini Series category for Television Por La Identidad about the children of mothers who disappeared during the military dictatorship and Jordan won in the Telenovela category for Al-Igtiyah (The Invasion) a Palestinian love story that takes place against the backdrop of an Israeli incursion.
New York - US stocks soared Wednesday for a fourth straight trading session.
New York - Luxury goods concern Tiffany said Wednesday that the financial crisis had badly hurt company outlook, with the company now reducing payrolls and shelving new store openings.
New York, November 25: Former high class call girl Natalie McLennan has described her time with New York Governor Eliot Spitzer''s favorite call girl, Ashley Dupre, in a tell all memoir.
New York, Nov 26 : John McCain, the Republican presidential candidate who lost to Barack Obama in the Nov 4 poll, has said that he would work in tandem with the President-elect in helping the country getting out of the economic recession at the earliest.
New York - Argentina and Jordan picked up their first ever International Emmy Awards Monday night as the UK once again dominated the awards show with seven prizes.
