Retailers hope for a post-Christmas sales bump Retailers are scrambling in these final days of the year to try to salvage what has been a dismal shopping season for them. Many stores are cutting prices 30 to 70 percent, trying to boost sales.6:20 a.m.
Standing at the back of the line, but never losing hope As people piled into the Xcel Energy Center to catch a glimpse of Democratic presidential candidate Barack Obama, the line out the door kept getting longer. At one point, it stretched for more than a mile and a half. For people at the end of line, they never gave up hope.6:50 a.m.
New Year's Day is bittersweet for commentator New Year's Day is right around the corner. For a lot of folks, this can be a bittersweet time of year. There is all the promise of great things ahead. But, as Morning Edition commentator Peter Smith says, there are those things you find yourself reluctantly leaving behind.6:55 a.m.
Arabs Protest Israel's Airstrikes In Gaza
Protests are being held in the Arab world as the violence around Gaza continues for a fourth day. Israel on Tuesday rejected any truce with Hamas. The Arab League will meet Wednesday in Egypt to discuss the crisis. More than 360 Palestinians have been killed since the Israeli offensive started Saturday. Rockets from Gaza have killed five Israelis.
New Year Brings New Rules For Detainees In Iraq
Beginning January 1st, the U.S. will have new rules when it comes to detaining suspects in Iraq. The changes are part of the recently negotiated security pact between Iraq and the U-S. The Americans will begin handing over many more detainees to the Iraqi prison system. Also, the Americans will need permission from an Iraqi judge to hold a suspect.
For The Higgins Clarks, Suspense Is A Family Affair
For Mary and Carol Higgins Clark, the family business is suspense — of the fictional order. The mother and daughter write suspense novels separately, and also team up to write a series of holiday mysteries, most recently Dashing Through the Snow.
In China, More College Grads Than Jobs
China is worried about unemployment. Recent college graduates are among the hardest hit. More Chinese are attending universities than ever, but now, there are more college graduates than jobs.
Banks Got Bailout; Are They Making More Loans?
Most of the billions in bailout money that the government has handed out so far has gone to the nation's banks. The idea was that with more money on their balance sheets, banks would make more loans and that would help jump-start the economy. But it hasn't quite worked out that way.
Illinois Republicans Seek Return To Power
The Illinois GOP is taking advantage of the corruption charges leveled against Democratic Gov. Rod Blagojevich. They say they have learned valuable lessons from the scandal surrounding former Republican Gov. George Ryan, who is now serving time in jail on corruption charges of his own.
Government To Give Billions To GM's Funding Arm
The government says it will provide $5 billion to GMAC Financial Services from the $700 billion bank rescue program. The Treasury Department also says it will lend up to $1 billion to GM so it can participate in a debt for equity swap with GMAC, which is seeking to raise additional capital. The loan is in addition to the financial assistance the government announced earlier this month for GM and Chrysler.
Movie Price Increases Mask Drop In Attendance
Movie ticket sales appear to have held their own. But dig deeper and sales are off about 5 percent. Ticket prices increased this year, which gives the initial appearance that attendance has stayed the same.
Use Stock Losses To Your Tax Advantage
Stocks plummeted in 2008, but there is still a silver lining for investors in this dark situation. William Baldwin, the editor of Forbes magazine, shares some year-end tax tips with Renee Montagne.
Found, Returned $10,000 In Cracker Box
A California woman bought some crackers. Inside she found an envelope containing $10,000 in crisp $100 bills. Police told Debra Rogoff that the money might be part of a drug drop. Later she heard that an elderly woman had mistakenly returned the cracker box to the store. The elderly woman and her life savings were reunited.