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USA UK and Malta News
18/11/2008 - 19:26

USA Today Editoweb 18 november 2008

Oral Roberts University to lay off 100 employees - Residents to inspect Calif. homes charred in fire - Paulson voices opposition to Big 3 bailout bill.



Oral Roberts University to lay off 100 employees

Oral Roberts University will lay off about 100 employees, days after it agreed to a near-$450,000 separation agreement with its former president who resigned amid a spending scandal.

Residents to inspect Calif. homes charred in fire

Smoky skies cleared and once-whipping winds slowed to a standstill Tuesday, as another wave of those who fled Southern California's ferocious weekend wildfires prepared to sort through the remains of their homes.

Paulson voices opposition to Big 3 bailout bill

From left, Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke and
Treasury Secretary Henry Paulson told Congress on Tuesday that the administration remains firmly opposed to dipping into the government's $700 billion financial bailout fund for a $25 billion rescue package for Detroit's Big Three automakers, no matter how badly they need the help.

October wholesale prices plunge record 2.8 percent

Wholesale prices plunged a record amount in October as energy prices fell by the largest amount in 22 years.

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