Be INFORMED

Wednesday, February 28, 2007

The Evening News Bits and Pieces

   A middle school principal was busted for using and selling crystal meth after he was snitched on. CNN for more.

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   In the story that won't go away news, we have this from CNN

A Florida appeals court cleared the way Wednesday for Anna Nicole Smith to be buried next to her son, Daniel, in the Bahamas.

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   From BBC we hear that Airbus will kill off 10,000 jobs in Europe over the next four years. I'll bet that Boeing just loved that news!

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Al Jazeera

WEDNESDAY, FEBRUARY 28, 2007

US stocks have risen after steep falls on Tuesday, as the head of the Federal Reserve said that no single trigger was responsible for the sell-off.

Ben Bernanke, Federal Reserve chairman, said on Wednesday that he still expects "moderate growth" in the US economy, giving investors confidence to buy stocks one day after the Dow fell 416 points.

Chinese stocks also recovered by about four per cent, a day after the Shanghai Composite index fell nearly nine per cent – the biggest decline for a decade.

However, markets in Europe and Asia fell for a second day amid concerns about possible slowdowns in the US and Chinese economies.

 

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