Considering the life of Mary in music This Sunday people will gather at a Twin Cities chapel to hear the story of Mary, mother of Jesus. It's not a sermon, but a musical concert, by local folk singer Ruth MacKenzie.4:53 p.m.
Mayors: December cuts in state aid would be disastrous City officials from throughout Minnesota converged on the Capitol today to demand their state funding be spared from budget cuts. They say they want to do their part to help, but the timing of the cuts would mean financial disaster.5:20 p.m.
Mayor Coleman says public services could be hit hard St. Paul Mayor Chris Coleman was among the local government leaders at the capitol today. He met with the Governor and legislative leaders and he told Tom Crann just how much "local government aid" his city is expecting from the state.5:24 p.m.
Car Dealers Seek Bailout For Automakers
The National Automobile Dealers Association has lobbied actively for aid for the auto industry. NADA Chairman Annette Sykora says reducing the number of dealerships will not help because dealerships are "not a cost to the manufacturers."
Obama Picks Nobel Winner As Energy Secretary
President-elect Barack Obama has chosen Nobel Prize-winning physicist Steven Chu to serve as his energy secretary. An official announcement is expected in Chicago Thursday.
GOP Auto Bailout Critic Outlines Rationale
Sen. Jim DeMint (R-SC), who opposes the proposed bailout of U.S. automakers, says the companies should go into Chapter 11 bankruptcy, which would force them to reorganize. He says the proposed "car czar" to oversee the automakers' restructuring is a "ridiculous" idea.
New Losses Spur Questions About AIG's Health
AIG has revealed that it is on the hook for $10 billion in losses on its own speculative trades. It's a big problem for the company because the terms of AIG's $150 billion government rescue package don't cover this type of loss.
Economist: T Bills' Zero Yield Symptom Of Economy
The interest on some U.S. Treasury bills fell Tuesday to zero. Cary Leahey, senior economist with Decision Economics in New York, says people are so nervous that they are willing to purchase these Treasury bills even when they get back exactly what they put in.
Lawmakers Eye TARP Program
Congress is looking into the Treasury Department's management of the $700 billion Troubled Asset Relief Program. Lawmakers want to know why banks that have received billions of dollars of taxpayer money are not doing more lending.
Ill. Governor's Arrest Spotlights Union-Linked Group
Among the rewards Gov. Rod Blagojevich is alleged to have wanted in exchange for naming someone to president-elect Barack Obama's Senate seat was a high-paying job at Change To Win, an upstart labor federation with links to the Service Employees International Union. No deal emerged and both sides have denied wrongdoing.
Ill. Attorney General Denies Interest In Senate Seat
Illinois Attorney General Lisa Madigan says she is "candidate No. 2" named in Illinois Gov. Rod Blagojevich's arrest. She denies seeking Barack Obama's vacant U.S. Senate seat, however.
'Cooking Up A Storm': Recipes From The Big Easy
Marcelle Bienvenue has edited a new book with Judy Walker, Cooking Up A Storm: Recipes Lost and Found from The Times-Picayune of New Orleans. The book lists rich, authentic recipes from New Orleans residents who came together after Hurricane Katrina to preserve their culinary history.
Letters: Blagojevich, Fifth-Grader
The arrest of Illinois Gov. Rod Blagojevich was on the minds of many listeners as was Florida fifth-grader and budding reporter Damon Weaver.
Princeton Settles Case With Donors' Descendants
Princeton University has settled a lawsuit by descendants of the donors of a financial gift. Under the deal, Princeton will keep control of most of an estimated $600 million dollar fund.
Blagojevich Latest High-Profile Case For Fitzgerald
Chicago's U.S. Attorney Patrick Fitzgerald has accused Gov. Rod Blagojevich of trying to sell Barack Obama's Senate seat. This is just the latest high-profile case Fitzgerald has brought. Over the past eight years, Fitzgerald has become one of the most well-known federal prosecutors in the country.
Colby College Investment Group Beats Big Guns
The Colby Student Investment Association at Colby College, Maine, manages a $100,000 fund that has outperformed the Dow, NASDAQ and Standard & Poor 500. Alex Clegg, a senior at Colby and vice president of performance measurement of the student investment group, offers her insight.
Obama Calls For Blagojevich To Resign
President-elect Barack Obama was among those calling for the resignation of Illinois Gov. Rod Blagojevich, a day after the governor was arrested on federal corruption charges. Blagojevich is accused of seeking money or other favors to influence his choice in picking Obama's replacement to the U.S. Senate.
Dems, White House Strike Deal On Auto Bailout
Congressional Democrats say they have agreed with the White House on a plan to bailout the auto industry with $15 billion in emergency loans. The House could vote on it later Wednesday. The measure faces fierce Republican opposition in the Senate.
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