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Airwaves auction winners named
Mar 20 2008 8:33PM (CT)
WASHINGTON (AP) - The two largest cell phone companies dominated bidding in a record-setting government airwaves auction, according to results released Thursday.
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Thai FM wants engagement with Myanmar
Mar 20 2008 6:39PM (CT)
WASHINGTON (AP) - Thailand's new foreign minister said Thursday that sanctions favored by the United States and other powers are not spurring change in Myanmar and urged engagement with Myanmar's military leaders instead.
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Investment firms tap Fed for billions
Mar 20 2008 4:40PM (CT)
WASHINGTON (AP) - Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday.
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Court bans Libby from practicing law
Mar 20 2008 4:37PM (CT)
WASHINGTON (AP) - Former top White House aide I. Lewis "Scooter" Libby was banned Thursday from practicing law in the nation's capital following his perjury conviction in the case of a CIA operative's leaked identity. The disbarment order of the District of Columbia Court of Appeals had been expected.
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Fed juggles inflation, sour economy
Mar 20 2008 2:44AM (CT)
WASHINGTON (AP) - Ben Bernanke's juggling act has gotten harder. The Federal Reserve chairman has been taking extraordinary steps to prevent credit, financial and housing problems from driving the country into a deep recession. At the same time, he faces the danger that the very tonic to brace the sickly economy could bring about another dangerous ailment_ inflation.
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