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Somber Obama visits ailing grandmother in Hawaii

Spain tears down dictator Franco's emblematic prison

Mother, brother of Jennifer Hudson slain in home shooting

Los Angeles - The mother and brother of Oscar-winning actress and singer Jennifer Hudson have been shot to death in Chicago in an apparent domestic dispute, local TV stations reported Friday.

US stocks fall sharply on ongoing recession fears

US stocks fall sharply on ongoing recession fears Washington - US stock indices posted steep drops Friday, plunging more than 3.5 per cent to end another week of uncertainty over the state of the global economy.

The sell-off in New York followed even sharper falls in Europe, Asia and the Middle East earlier in the day on fears of a recession following the widening financial crisis.

Unpopular Bush keeps low profile as McCain seeks distance

Unpopular Bush keeps low profile as McCain seeks distanceWashington - President George W Bush and his wife Laura may have cast their election ballots early, but apparently there was some skepticism as to just which candidate they voted for.

"Today the President and Mrs Bush cast their ballots for the 2008 election during the early voting process. The ballots will be mailed back to Texas today," White House press secretary Dana Perino wrote in an emailed statement Friday.

Parsvnath Developers to sack under-performing staff in next 15-20 days

Parsvnath Developers to sack under-performing staff in next 15-20 daysHurt by the recession fears, Parsvnath Developers, one of the leading real estate company has revealed that it would sack under-performing employees as part of its cost cutting measures that would begin in the next 15-20 days. 

The company however, did not specify the number of people who will be retrenched. The company currently employs 1,400 people and about 30,000 people are indirectly employed.

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