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20/12/2007 - 23:54

USA today, Editoweb: 20 dec 2007


Stocks end up on strong Oracle profits - Tancredo drops WH bid, endorses Romney - Bush says Congress wasting time, money - Police, protesters clash in New Orleans - U.S. astronaut mourns in space.



Stocks end up on strong Oracle profits
Stocks finished higher Thursday as investors set aside some concerns about downbeat economic reports and focused on strong profits from Oracle Corp.
Corporate results and economic news offered investors a mixed picture and kept stocks fluctuating throughout much of the session.

Tancredo drops WH bid, endorses Romney
Rep. Tom Tancredo, who built his longshot presidential campaign on opposition to illegal immigration, dropped out Thursday and endorsed Republican rival Mitt Romney as the best man to carry on the fight.
Tancredo, a five-term congressman from Colorado, has consistently polled at the bottom of the nine-person Republican field. He announced his withdrawal two weeks before Iowa begins the presidential nominating process with its precinct caucuses.

Bush says Congress wasting time, money
President Bush, successful in forcing the Democratic Congress to bend to his will, complained Thursday that lawmakers had wasted time and taxpayers' money. His aggressive stand set a confrontational tone for Bush's final year in the White House.
Bush used a year-end news conference to scold lawmakers for stuffing 9,800 special-interest projects into a $550 billion spending measure. He directed his budget director to explore how to erase what Bush considers wasteful spending.

Police, protesters clash in New Orleans
Police used chemical spray and stun guns Thursday as dozens of protesters tried to force their way into a packed City Council chamber during a debate on the planned demolition of some 4,500 public housing units.
One woman was sprayed with chemicals and dragged from the gates. She was taken away on a stretcher by emergency officials. Before that, the woman was seen pouring water from a bottle into her eyes and weeping.

U.S. astronaut mourns in space
Daniel M. Tani's 90-year-old mother died in an auto accident this week, but he has no way of getting home until late January. He must grieve from more than 200 miles away — in orbit, aboard the international space station.
It's a heartbreaking situation no other American astronaut has experienced. And it's made all the more tragic by Tani's devotion to his mother, Rose, who raised him and his siblings alone in suburban Chicago after their father died when he was 4.

News from Yahoo news.

J. B. / Source Web










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