Thu, 20 Nov 2008 04:52:08 +0100
Retirees Watching Anxiously, Will GM Be Saved?
Detroit automakers have hundreds of thousands of retirees who are wondering what might happen if their former employers go bankrupt. Auto executives say without $25 billion in loans, they could be forced into bankruptcy.
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Economy Continues Downward Spiral
The economic news just keeps getting worse. The stock market is at its lowest level in more than five years. The number of homes being built continues its downward spiral. Retailers are predicting a miserable holiday season. David Wessel, economics editor at The Wall Street Journal, talks with Steve Inskeep about whether the bottom is anywhere in sight.
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Underinsured Struggle To Afford Health Care
Across the country, state health care programs are cutting back on funding for families with disabled children. The result is that more families struggle to get the health care they need for their children with disabilities and serious health care needs.
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Companies Looking Everywhere To Cut Costs
As companies try to survive the rough economy, they are cutting costs. The person in charge of deciding where and how deep to cut, is often the chief financial officer. CFO Magazine recently interviewed more than 300 CFOs, and nearly half said they plan to layoff workers. Kate O'Sullivan, a writer with the magazine, tells Steve Inskeep that companies are also looking at hiring freezes and reductions in overtime.
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Tom Daschle Expected To Head HHS
There are indications that President-elect Barack Obama has chosen former Senate Majority Leader Tom Daschle to head the Department of Health and Human Services. The transition team won't confirm that.
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Strategist Axelrod Will Advise White House
The Obama transition team has announced that campaign strategist David Axelrod will be a senior advisor. Some compare Axelrod's relationship with President-elect Obama to that of Karl Rove and President Bush, or James Carville and President Clinton. During the campaign, Axelrod wore out several BlackBerries because he was emailing, texting and calling so much.
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Budget Cuts Will Affect Enrollment At CSU
Geographical References: California
The nation's largest university system says huge budget cuts mean it won't be able to accept all eligible student applicants. The California State University traditionally has accepted every student with at least a B average. Now it is on the verge of raising its academic standards and pushing up its application deadlines. Those actions are expected to hurt low-income students with few academic choices.
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Republican Leaders Have Work Cut Out For Them
Republicans will have an even smaller minority in the next Congress, after losing at least 20 seats in the House and seven in the Senate. This week they've been been picking new leaders, and the results are in.
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Museum Of American History: A Gem Gets Polished
Geographical References: Washington
Washington's National Mall will regain a star attraction Friday, when the Smithsonian's National Museum of American History reopens after a two-year renovation. It took $85 million and a horde of curators, builders, architects and advisers to reframe space for the museum's 3 million historic objects.
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Debate Rages Over Those Still At Guantanamo
So far, more than 500 Afghans, Pakistanis, Europeans, Saudis and others have been released. But 101 Yemeni detainees are still held at Guantanamo. They represent the single largest contingent at the camp.
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Experts: Bad Economies Don't Cause Crime Waves
With the U.S. economy's current troubles, many people assume a crime wave is just around the corner. But criminologists say that's just an American myth.
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Final Count Gives McCain Win In Missouri
Geographical References: Missouri
Missouri has gone for McCain, ending the state's 50-year string of support for the winning presidential candidate. Sen. John McCain's unofficial margin over President-elect Barack Obama: 3,632 votes.
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Scientists Decode The DNA Of A Woolly Mammoth
The woolly mammoth is the first extinct mammal to have its DNA sequence deciphered. Scientists used hair that was found frozen in the Siberian permafrost, some for tens of thousands of years.
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Auto Bailout Debate Turns to Bankruptcy
U.S. automakers seem unlikely to secure $25 billion in emergency loans from Congress. But a new debate has emerged over the possibility of a planned or "pre-packaged" bankruptcy filing.
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Alaskans React To End Of Stevens Era
Geographical References: Alaska
Embattled Sen. Ted Stevens concedes after coming up short in a tight race for re-election to Alaska's Senate seat. How are Alaskans greeting the news that Stevens is out after 40 years in office?
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