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Last updated: 20:14:38 Wednesday Jul 23, 2008


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  • House OKs rescue for homeowners, Freddie, Fannie
    WASHINGTON - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.   Nations:U.S.   Activities:2007 Global Credit Crunch 110th Congress   Source:(AP)   2008-07-23

    President Bush drops opposition to housing bill
    WASHINGTON - President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.   Activities:2007 Global Credit Crunch 110th Congress Bush Admin.   Source:(AP)   2008-07-23

    US airlines battling stiff headwinds from high fuel prices
    WASHINGTON (AFP) - The top US airlines have posted heavy losses in the current earnings season as spiraling fuel prices have forced them to cut flights, fleets and staff, as well as raise fares and add fees.   Activities:2008 U.S. Airlines Downturn   Source:(AFP)   2008-07-23

    Chrysler to cut 1,000 jobs; liquidity unchanged
    DETROIT (Reuters) - Chrysler LLC said on Wednesday it plans to cut 1,000 white-collar jobs by the end of September to slash costs and survive a deep industry downturn.   Activities:2008 U.S. Automakers Downturn   Source:(Reuters)   2008-07-23

    House passes housing bill; Bush lifts veto threat
    WASHINGTON (Reuters) - The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression.   People:Henry Paulson Harry Reid George W. Bush   Activities:2007 Global Credit Crunch 110th Congress Bush Admin.   2008-07-23

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    NewsGuide EventCityPeopleShowCompany 
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    [2007 Global Credit Crunch]: House OKs rescue for homeowners, Freddie, Fannie (21:25 7/23)

    [110th Congress]: House OKs rescue for homeowners, Freddie, Fannie (21:25 7/23)

    [2005 Hurricane Katrina]: Edge of Hurricane Dolly lashes Texas coast (09:20 7/23)

    [Korea Nuclear Crisis]: Rice pushes top North Korean diplomat on nukes (04:20 7/23)


    [North Korea-U.S.]: Rice pushes top North Korean diplomat on nukes (04:20 7/23)


    [2008 U.S. Airlines Downturn]: US airlines battling stiff headwinds from high fuel prices (21:27 7/23)


    [2008 U.S. Automakers Downturn]: Chrysler to cut 1,000 jobs; liquidity unchanged (21:25 7/23)

    [Second Gulf War]: Ambassador: Al-Qaida leaving Iraq for Afghanistan (21:25 7/23)

    [Afghan Terror War]: Ambassador: Al-Qaida leaving Iraq for Afghanistan (21:25 7/23)


    [Microsoft - Yahoo Deal]: Microsoft exec who led Yahoo bid leaving company (21:25 7/23)




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