September 4 2009

Mortgage giants struggle a year after takeover

The companies, created by the government to ensure the availability of home loans, have tapped about $96 billion in government aid since they were seized a year ago this weekend. Without that money, the firms could have gone broke, leaving millions of people unable to get a mortgage.

Web-monitoring software gathers data on kid chats

Parents who install a leading brand of software to monitor their kids' online activities may be unwittingly allowing the company to read their children's chat messages -- and sell the marketing data gathered.

Stocks jump as jobs report provides a little hope

The Dow Jones industrial average gained 97 points to halve its loss for the week after the Labor Department said employers cut fewer workers last month. However, the report also showed that the ranks of the unemployed swelled to 9.7 percent, the highest level since June 1983.

WTO rules for US in case over Airbus subsidies

The World Trade Organization has ruled that the European Union provided illegal subsidies to Airbus for its aircraft, a House Democrat said Friday.

Jobless rate at 9.7 pct.; 216K jobs lost in Aug.

The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery.

Glaxo's cancer vaccine inches toward approval

Federal regulators said Friday that a GlaxoSmithKline vaccine prevents the leading cause of cervical cancer in women, bringing the company one step closer to competing with Merck's blockbuster Gardasil, which has controlled the U.S. market for three years.

European countries call on G-20 to tackle bonuses

Top finance officials debated the next steps for the recovering global economy on Friday, with European countries pushing for a crackdown on bankers' bonuses while the U.S. stressed the need to boost bank reserves to prevent a repeat of the financial crisis

Elizabeth Taylor - purple eyes
Unemployment Rate   -  Good to have a job
Kim Kardashian  - hot booty
LeGarrette Blount
Swine Flu Vaccine  -  don't get one
Jason Bateman  - famous childhodd actor
Airbus and Boeing
MINI Coupe  - British Car
Ernie Harwell
Deutsche Bank Championship  - Golf Tournamnet

You learn a lot about what's going on in the world by the most search topics

In one of the season's more humorous run-ins, Alex Rodriguez(notes) collided with a Toronto police woman during New York's 10-5 win over the Blue Jays on Thursday night. See photo above in pics of the day.