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USA UK and Malta News
06/12/2007 - 23:19

Editoweb: USA today, 6 dec 2007


Reforming America's health-care system is a thorny election issue - Holy-grail youth vote favors Obama, also wants third-party alternative - Stocks rally again on mortgage plan - Toll Brothers reports $81.8 million loss - Ford recalls 1.1 million vehicles.



Reforming America's health-care system is a thorny election issue
IT IS obvious to anyone that the patient is ill. But the physicians agree on little else: not the underlying cause, certainly not the appropriate course of treatment and least of all which among them is best qualified to administer it. As they argue, the patient just gets sicker.
Health care, along with the economy in general, immigration and the whole alarming nexus of war, terror and security is, according to...


Holy-grail youth vote favors Obama, also wants third-party alternative
Young people prefer Sen. Barack Obama (D-Ill.) to Sen. Hillary Rodham Clinton (D-N.Y.), are generally more liberal than conservative, are open to a third party, and should continue to show up in higher numbers, according to an extensive survey by Harvard University’s Institute of Politics.
The youth vote remains a holy grail of political campaigns...

Stocks rally again on mortgage plan
Wall Street rallied once again Thursday as investors bet that companies hurt by the housing crisis will benefit from a government plan to help financially stretched homeowners and from another interest rate cut.
The Dow Jones industrial average surged more than 170 points after a nearly 200-point rise Wednesday.

Toll Brothers reports $81.8 million loss
Toll Brothers Inc., the nation's largest builder of luxury homes, reported its first quarterly loss in 21 years Thursday as the housing downturn that the company called the worst in four decades deepened.
"By many measures, fiscal 2007 was the most challenging of the 40 years that Toll Brothers has been in business," Chairman and Chief Executive Officer Robert Toll said in a statement. "1974 was perhaps rougher, but the difficult times only lasted one year."

Ford recalls 1.1 million vehicles
Ford Motor Co. said Thursday it is recalling 1.17 million trucks, sport utility vehicles and vans to fix an engine sensor that could lead to engine stalling.
The recalled vehicles are all from the 1997-2003 model years with 7.3 liter diesel engines, including the Ford E-Series van, Excursion full-size sport utility vehicle, and F-450 Super Duty and F-550 Super Duty trucks.

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