Cabinet set to back Heathrow expansion
Gordon Brown, prime minister, is keen to push ahead with the scheme – including a third runway – as part of his drive to create jobs by approving new investment in infrastructure projects.
January 9, 2009
US loses most jobs since 1945
The US economy lost more than half a million jobs in December for the second month running, figures showed, making 2008 the worst year for job losses since 1945 and intensifying pressure on Congress to pass a fiscal stimulus
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UK manufacturing output plunges
UK industrial production fell sharply in November, according to the latest data from the Office for National Statistics, prompting some economists to forecast that the economy will have contracted by even more than expected in the fourth quarter of last year
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Accused swindler Madoff "warm and charming"
Some friends of accused swindler Bernard Madoff considered him a “warm and charming” man, and one of his alleged victims praised him just before his death in 2005, Fox Business Network reported on Thursday.
Madoff had $173 million in checks ready say prosecutors
Accused swindler Bernard Madoff had signed checks totalling more than $173 million (£114 million) in his office desk ready to be sent out before his arrest, U.S. prosecutors said in court papers on Thursday asking a judge to jail him.