Market Rallies on Citigroup Stock Deal
The stock market rallied Tuesday on a sharp fall in oil prices and news that Citigroup is about to get a major cash infusion. The Abu Dhabi Investment Authority bought $7.5 billion of Citigroup stock, giving it a 4.9 percent stake in the U.S. financial services giant.
World Sock Capital Suffers From Duty-Free Imports
Fort Payne, Ala., the world's sock capital, doesn't like competition from Honduras, which has enjoyed duty-free sock exports to the U.S. The tariff is set to be reinstated soon, but some say the town should move away from socks if it wants to compete globally.
T-Pain Builds Pop-Stardom with Digital Prowess
Turn on an R&B, hip-hop or pop music radio station these days, and you probably will hear the electronically enhanced vocal stylings of T-Pain. But his ubiquity extends beyond radio: He has redefined the ring-tone market and given struggling record companies a glimmer of revenue hope.
What Makes a Ringtone Popular? Billboard Magazine has a list each week of hot ringtones ranging from hip-hop to latin to rock. So what makes a ringtone popular? A song with a great hook or an instrumental? A music critic for the Washington Post talks about some of this week's picks.
Winds of Change Blow into Roscoe, Texas
Three years ago, the Dairy Queen closed in Roscoe, Texas – a sure sign of bad times. But these days, people are moving back to the West Texas town, with its growing reputation as a sweet spot for wind-farm energy.
Huckabee Gains Ground in Iowa
Recent polls show former Arkansas governor Mike Huckabee in a statistical dead heat with former Massachusetts governor Mitt Romney in Iowa. Huckabee's surge of support comes despite a significant fundraising disadvantage. Can Huckabee's dark-horse campaign translate success in Iowa into other primary gains?
Gatorade Inventor Robert Cade Dies
Dr. Robert Cade, the man who invented Gatorade, has died. Cade and other researchers created Gatorade at the University of Florida in 1965 as a way to both quench players' thirsts and replace carbohydrates and electrolytes lost through sweating in the intense Florida heat.
Mass. Weighs Legislation on Twins in Classrooms
Massachusetts is among a growing number of states considering legislation that would give parents the right to decide whether their twins (or triplets) should be placed in the same class at school, or whether they should be separated.
Fate of Anne Frank's Chestnut Tree in Doubt
The hundred-plus-year-old chestnut tree that stands just outside of the Amsterdam building where Anne Frank once lived has been granted a reprieve; it had been slated to be cut down Wednesday morning. But now there are new questions about its fate.
Abbas, Olmert Say Difficult Compromises Are Ahead
President Bush opened the Annapolis, Md., conference with leaders of Israel and the Palestinians with a speech on the grounds of the U.S. Naval Academy, pledging to devote his remaining time in office to achieving what he called an "ambitious goal."