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Raw StoryAT&T to slash 12,000 jobs
NEW YORK AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
The Dallas-based telecommunications company the nation's largest said the job cuts will take place in December and throughout 2009.
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Poll: Gay marriage ban driven by religion
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Gunmen storm Afghan security buildings
(CBS) Two suicide bombers simultaneous attacked the headquarters of Afghanistan's Intelligence Agency (NDS) and its counternarcotics building in the eastern city of Khost Thursday morning, reported CBS News' Fazul Rahim.
The bomb blasts were followed by a group of armed men in military uniform storming the NDS building, according to an employee of a security firm which provides protection for non-governmental organizations and NATO coalition convoys in the region.
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Iraq security targeted in Fallujah blasts
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Property taxes climbing
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US citizen 'tortured in UAE'
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Iraqi guards open fire on rioting migrants
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Proposition 8: The Musical
Prop 8The Musical, a new music video satirizing Prop 8 the California ballot proposition that amended the state Constitution to restrict the definition of marriage to a union between a man and a woman is now available for on-line viewing.
Conceived and written by Hairspray Tony winner Marc Shaiman, the three-minute video was directed and staged by Adam Shankman, who helmed the "Hairspray" movie musical...
Video at the link.
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U.S. Rep. hangs up on Obama
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Crushed man's family sues Wal-Mart
The family of a man trampled to death in a New York Wal-Mart on Friday filed a lawsuit Wednesday, claiming the store failed to control the crowd pushing to gain entry on one of the busiest shopping days of the year. Jdimytai Damour, 34, a temporary worker, was crushed as he and other employees tried to unlock the doors of the Wal-Mart at Green Acres Mall...
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GM CEO hits the road for bailout
Previously begged for aid fresh from private jet; Congress briefed.
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Execs win auction for share of Lehman
Executives of Lehman Brothers Holdings investment management unit won an auction to buy the business, including the Neuberger Berman fund division, from the bankrupt securities firm. Terms were not disclosed. The group, which includes the Lehman executive George Walker, beat a previous bid of $2.15 billion by the private equity firms Bain Capital and Hellman & Friedman....
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Maddow: A tale of two bailouts
Rachel Maddow interviews Leo Gerard, the President of the United Steelworkers Union and asks if the auto industry is getting tougher treatment than the financial industry did when it was their turn for a bailout. Gerard goes through the list of bailouts that have cost our economy trillions of dollars and notes that no one complained when CEOs made away with hundreds of billions of dollars over the years while they have taken our entire economy down the tank. He makes some great points on how "we've treated the people who take a shower after work much different than we've treated the people who shower before they go to work".
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Bill Gates pushes for stimulus
Microsoft founder Bill Gates told CNN on Wednesday that he hopes President-elect Barack Obama and Congress immediately craft a wide-ranging stimulus package, to help jump-start the nation's sputtering economy, and double the United States' commitment to foreign aid...
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Obama finally takes question from Fox News
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Iraqi journo jailed over gay piece
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