Tag Archive for 'CNN'
Pat Dollard, Politico, “Glenn Beck joins Fox News”

Drudge teased this earlier, and Fox News has announced that conservative radio and television host Glenn Beck is joining the network, leaving behind CNN’s Headline News. Beck will host a show at 5 p.m. on Fox beginning in the spring (Full release after the jump).
It hasn’t yet been determined when Beck’s last day will be, but I’ve heard from a network source that Headline News was already preparing to re-air “Lou Dobbs Tonight” at 9pm, instead of Beck’s show (which first airs at 7pm). When Beck leaves, Dobbs show will be in the 9pm slot, but no decision on 7pm.
CNNMoney, “Another huge Dow loss”
The Dow Jones industrial average (INDU) fell 733 points, its second worst single-day point loss ever
NEW YORK (CNNMoney.com) — Recession talk frightened Wall Street on Wednesday, sending the Dow Jones industrial average to its second biggest one-day point loss ever.
A weak retail sales report and dour forecasts from the Federal Reserve, coupled with sober comments from Fed Chairman Ben Bernanke, sent stocks tumbling.
CNN, “Bush appeals for confidence”

“We can solve this crisis - and we will,” said Bush
NEW YORK (CNNMoney.com) — President Bush on Friday encouraged the American people to have confidence in the economy during a “deeply unsettling period.”
“We can solve this crisis - and we will,” said Bush, in a speech at the White House.
Bush reiterated the recent measures taken by the Federal Reserve and Treasury Department to breathe life into the battered markets.
CNN, “Dow falls below 10,000”

NEW YORK (CNNMoney.com) — Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years, as European governments’ rush to prop up failing financial firms underscored the global reach of the credit crunch.
Credit markets remained tight, with two key measures of bank jitters hitting an all-time high. Treasurys rallied, lowering the corresponding yields as investors sought safety in government debt. Gold rallied for the same reason. Oil dipped. The dollar was mixed versus other major currencies.
CNN, “O.J. Simpson guilty of armed robbery, kidnapping”

LAS VEGAS, Nevada (CNN) — Former gridiron great O.J. Simpson was found guilty Friday of all 12 counts in the armed robbery of two sports memorabilia dealers at a Las Vegas, Nevada, casino hotel last year.
Simpson, 61, and his co-defendant Clarence “C.J.” Stewart, 54, were charged with a dozen offenses stemming from the sports memorabilia heist. Stewart was found guilty of the same charges as Simpson.
Continue reading ‘O.J. Simpson guilty of armed robbery, kidnapping’

CNN, “Paul Newman dies at 83”
(CNN) — Paul Newman, the legendary actor whose steely blue eyes, good-humored charm and advocacy of worthy causes made him one of the most renowned figures in American arts, has died of cancer at his home in Westport, Connecticut. He was 83.
He died Friday, according to spokeswoman Marni Tomljanovic.
Newman attained stardom in the 1950s and never lost the movie-star aura, appearing in such classic films as “Cat on a Hot Tin Roof,” “Exodus,” “The Hustler,” “Cool Hand Luke,” “Butch Cassidy and the Sundance Kid,” “The Sting” and “The Verdict.”
CNNMoney, “Another thrashing for stocks”

NEW YORK (CNNMoney.com) — Stocks plummeted Wednesday, with the Dow industrials falling 449 points in its second worst session of the year, as the government’s emergency rescue of AIG amplified fears about the stability of financial markets.
The Dow Jones industrial average (INDU) lost 449 points, or 4% and fell to the lowest level since November 2005. The Standard & Poor’s 500 (SPX) index lost 4.7% and fell to its lowest point since April 2005. The Nasdaq composite (COMP) lost 4.9% and ended at its lowest point since August 2006.





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