Today's news

--> U.S.: Barack Obama leads rival Hillary Clinton 43 percent to 25 percent three days before South Carolina's presidential primary, aided by a huge edge among black voters, according to a Reuters/C-SPAN/Zogby poll.

--> New York, NY: Wall Street pulled back in volatile trading Wednesday, falling sharply yet again as dejected investors bet that a recession in the United States is inevitable. Each of the major indexes at times were down more than 2 percent, including the Dow Jones industrials, which fell more than 320 points before regaining some ground.

The emergency interest rate cut Tuesday by the Federal Reserve appeared to have little salutary effect on the stock market, and Wall Street's latest flare-up of concern about where the economy is headed followed disappointing reports from big names like Motorola Inc. and Apple Inc.

Marchers threw stones at cars and office buildings, and some vehicles and buildings were set on fire.

Supporters of the opposition Orange Democratic Movement (ODM) and its candidate, Raila Odinga, have been protesting the outcome of the December presidential elections that saw incumbent Mwai Kibaki keep his post.


The sentence was more lenient than the federal sentencing guidelines recommended and was a setback for the government, which had requested life in prison, the maximum.

In explaining her decision, Judge Marcia G. Cooke of Federal District Court in Miami underscored the gravity of the crimes Mr. Padilla, 37, had committed. But she questioned the effects of the conspiracy, saying there was no evidence linking Mr. Padilla and two co-defendants to specific terrorism acts anywhere.

--> Seattle, WA: Starbucks Corp is testing $1 coffee and free refills in its Seattle outlets as the global gourmet coffee chain grapples with slower consumer spending and rising competition from fast-food rivals.

Starbucks is experimenting with a smaller, "short" $1 cup as well as free refills for brewed coffee. Starbucks charges around $1.50 to $4.00 for a coffee, depending on size and flavor.

--> New York, NY: Academy Award-nominated Heath Ledger was found dead Tuesday of a possible drug overdose in a Lower Manhattan apartment, the New York Police Department said. He was 28.

An autopsy Wednesday morning on actor Heath Ledger was inconclusive, and a cause-of-death determination will take 10 to 14 days, a medical examiner's spokeswoman said.

Comments

Popular posts from this blog

Sunny von Bulow dies after 28 years in coma

Ric Alonso resigns from pageant association after porn revelation

Make Jerry Curl Great Again