Business, Technology and Other News
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Business News
Consumer Price Drop Prompts Fear of Deflation
Consumer prices fell in October by 1 percent, the largest drop in the history of the survey, raising the specter of deflation.
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Detroit Chiefs Back on Hill for a Second Day
The heads of the Big Three automakers of Detroit are back on Capitol Hill for a second day of trying to persuade lawmakers to move quickly on an industry bailout.
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Wall Street Falls on Latest Economic Data
Stocks were moderately lower in early trading as investors, nervous about the fate of the nation?s automakers, analyzed data on consumer prices and home construction.
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Chemical Maker Cuts Output Amid Downturn
BASF said that it would temporarily halt or slow production at 180 plants around the world as it adjusted to a ?massive decline in demand? brought on by the current economic turmoil.
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Bargain Hunters Lifted BJ?s Stores in Quarter
The warehouse club operator said that its third-quarter profit rose 24 percent, helped by shoppers hunting for bargains, and it raised it?s full-year outlook.
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World News
Confusion Reigns on Congo?s Front Line
A certain sense of desperation seems to be creeping across eastern Congo as more territory slips into a jumbled world between government and rebel control.
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Iraqi Lawmakers Brawl Over Security Pact
Iraq?s Parliament collapsed in chaos during a discussion about a three-year security agreement with the U.S.
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Indian Navy Says It Sank Pirate Ship
The Indian Navy said it battled would-be hijackers in the Gulf of Aden, sinking one vessel and forcing the pirates to abandon another.
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Once Denounced by Mao, Now at Rest in China
The ashes of John Leighton Stuart, a missionary and educator who was called a symbol of imperialism by Mao, were finally buried in China 46 years after his death.
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Sandinistas Rally to Counter Opposition Protests on Vote
Thousands of protesters backing the leftist Sandinista party took to the streets to support the results of local elections that the opposition says President Daniel Ortega rigged.
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