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Judge OKs Delphi motion to freeze pension plans

Posted: 09/23/2008 - A bankruptcy judge has approved Delphi Corp.'s proposal to freeze its pension plans as part of the auto supplier's blueprint to eventually emerge from bankruptcy protection.

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Mass. court reinstates lawsuit against Wal-Mart

Posted: 09/23/2008 - The highest court in Massachusetts has reinstated a lawsuit against Wal-Mart by employees who claim the world's largest retailer pressured them to work off the clock and denied them rest and meal breaks.

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Dire warnings to Congress

Posted: 09/23/2008 - Federal Reserve Chairman Ben Bernanke has bluntly warned Congress that it risks a recession if it fails to act on the administration's 700-billion-dollar bailout plan.

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Paulson eyes different methods to price debts

Posted: 09/23/2008 - Treasury Secretary Henry Paulson envisions using different methods to price a range of rotten securities that banks would unload to the government.

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Senators seek rights protections in FBI probes

Posted: 09/23/2008 - Three Democratic senators are demanding civil rights protections for Americans who might be targeted in FBI national security investigations without any evidence of wrongdoing.

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Lawyer: Pa. mom to admit giving bullied son guns

Posted: 09/23/2008 - A prosecutor says the mother of a bullied boy who planned an attack on a suburban Philadelphia high school has agreed to admit she helped build his cache of weapons.

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Western initiative proposes emissions-trading plan

Posted: 09/23/2008 - Seven Western states and four Canadian provinces are proposing a comprehensive program to cut greenhouse gas emissions from power plants, manufacturers and vehicles.

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Cox urges regulation of debt insurance

Posted: 09/23/2008 - While Congress is looking for an immediate solution to the natoin's financial crisis, Securities and Exchange Commission Chairman Christopher Cox is asking lawmakers to also regulate a kind of corporate debt insurance that plays a role in today's problems.

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Google phone to cost $179 on Oct. 22

Posted: 09/23/2008 - Wireless carrier T-Mobile says the first cell phone running Google's software will cost $179 with a two-year contract when it goes on sale in the U.S. on Oct. 22.

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Senate hears about 700 billion dollar bailout

Posted: 09/23/2008 - Treasury Secretary Henry Paulson has told the Senate Banking Committee that Congress has to quickly pass the administration's 700-billion-dollar bailout of the financial industry. He calls the effort "the single most effective thing" that can be done to help "the American people and stimulate the economy."

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Beshear moves to expand gasoline supplies

Posted: 09/23/2008 - Gov. Steve Beshear has issued an executive order that will allow wholesalers to immediately begin distributing gasoline that usually is sold only during the fall and winter months in Kentucky.

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Bush meets with Pakistan's new president

Posted: 09/23/2008 - President Bush has told Pakistan's new president, Asif Ali Zardari, that "the United States wants to help" his country improve its economy and security.

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Bush: world must stand united against terrorism

Posted: 09/23/2008 - President Bush, who once expressed disdain for the United Nations, says multinational organizations are now "needed more than ever" to combat terrorists and extremists who are threatening world order.

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