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Last updated: 19:59:06 Monday Dec 14, 2009


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  • BA travellers face Christmas strike misery
    LONDON (AFP) - Hundreds of thousands of British Airways passengers face travel misery over the busy Christmas and New Year period after cabin crew voted Monday to strike over job cuts and pay.   Nations:U.K.   Source:(AFP)   2009-12-14

    Dems weigh dropping Medicare expansion in overhaul
    WASHINGTON - The end game at hand, Senate Democrats appeared ready to jettison a proposed Medicare expansion from historic health care legislation Monday in hopes of assuring Christmas-week passage of the bill to extend coverage to tens of millions.   Nations:Canada U.S.   People:Mitch McConnell Bob Casey Arlen Specter Harry Reid Barack Obama Joe Lieberman   Activities:2009 US Health Reform 111th Congress   Source:(AP)   2009-12-14

    Obama implores top bankers to increase lending
    WASHINGTON - President Barack Obama implored top bankers Monday to help keep the fragile recovery from faltering by boosting lending to small businesses and getting behind an overhaul of financial regulation. "We rise and fall together," he declared.   People:Bill Clinton Barack Obama George W. Bush   Activities:Obama Admin. 2008 U.S. Financial Rescue   2009-12-14

    Exxon Mobil makes $29B bet on natural gas
    Exxon Mobil, the world's largest publicly traded oil company, is making a $29 billion bet that pressure to curb climate change will mean natural gas - cleaner than coal and suddenly much easier to reach - will become a crucial source of U.S. power.   Nations:Denmark U.S. Australia   Source:(AP)   2009-12-14

    Citigroup to repay $20 billion in bailout money
    NEW YORK - Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence over the banking giant. The government will also sell its stake in the company.   Nations:U.S.   People:Barack Obama   Activities:Citigroup Crisis   Source:(AP)   2009-12-14

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