Washington, Oct. 10 : Hopes for wresting the White House from Democratic presidential nominee Barack Obama are receding for Republican presidential nominee John McCain.
According to a Washington Post report, the latest survey, done by Research 2000, puts the Arizona senator down by 10 percentage points, 51 percent to 41 percent, a four-point shift in favor of Obama since its previous poll on September 22-23.
Polls released this week by Rasmussen and SurveyUSA also give the Democrat a 10-point edge.
New York - The world automobile industry is being hard hit by the current credit crisis, it was reported Friday, with manufacturing giants Ford and General Motors (GM) singled out as facing difficulties financing their operations.
According to the report, which appeared in the New York Times, GM and Ford have been hit by the perfect storm of diminished cash flow due to falling sales and an inability to raise funds in the credit crunch.
New York - Wells Fargo won the takover battle for the ailing US banking giant Wachovia on Friday, with rival bidder Citigroup giving up its claim.
However, Citigroup said it would pursue its legal claim for 60 billion dollars in punitive and compensatory damages which it had launched against Wachovia after it made a deal with Wells Fargo despite an earlier sale agreement with Citigroup.
The acquisition is set to move Wells Fargo to the top of the US private banking business sector.
Washington - US conglomerate General Electric (GE) experienced a massive fall in third-quarter earnings as a result of the ongoing financial crisis.
With the weak financial sector, which normally contributes to a large portion of consolidated earnings, GE's net income fell by 22 per cent to 4.31 billion dollars.
Earnings per share fell by 10 per cent to 0.45 dollars, GE said in Fairfield, Connecticut, on Friday.
Washington, Oct. 10 : The chairman of the U. S. Joint Chiefs of Staff, Admiral Michael Mullen, has said that U. S.-led forces are "not going to be able to kill our way to victory in Pakistan and Afghanistan", and added that a new strategy is needed to suppress a resurgent Taliban movement before it''s too late.
Violence has increased markedly since 2006 and "the trends are going in the wrong direction unless we take significant steps," Admiral. Mullen told reporters at a breakfast hosted by the Christian Science Monitor.
Washington, Oct. 10 : Republican rallies across the United States are fast turning into rabble-rousing events where warm-up speakers are encouraging crowds to call Democratic contender, Barack Obama a "traitor, a criminal and a terrorist".
Washington, Oct. 10 : Hopes for wresting the White House from Democratic presidential nominee Barack Obama are receding for Republican presidential nominee John McCain.
New York - The world automobile industry is being hard hit by the current credit crisis, it was reported Friday, with manufacturing giants Ford and General Motors (GM) singled out as facing difficulties financing their operations.
New York - Wells Fargo won the takover battle for the ailing US banking giant Wachovia on Friday, with rival bidder Citigroup giving up its claim.
Washington - US conglomerate General Electric (GE) experienced a massive fall in third-quarter earnings as a result of the ongoing financial crisis.
Washington, Oct. 10 : The chairman of the U. S. Joint Chiefs of Staff, Admiral Michael Mullen, has said that U. S.-led forces are "not going to be able to kill our way to victory in Pakistan and Afghanistan", and added that a new strategy is needed to suppress a resurgent Taliban movement before it''s too late.
Washington, Oct. 10 : Republican rallies across the United States are fast turning into rabble-rousing events where warm-up speakers are encouraging crowds to call Democratic contender, Barack Obama a "traitor, a criminal and a terrorist".
