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...bankruptcy court in eastern Michigan, though, is determined to do what it can to land a possible GM bankruptcy, as well as a potential Chrysler case. In December the court's six judges signed off on new rules that, among other things, allow the chief judge to divvy up the workload of a "very large, complex case of national significance" to keep such a bankruptcy running smoothly and quickly...
...American economy should be so lucky. Buried among the Fed's most recent comments on the economy were concerns about the financial and credit markets as well as employment and spending. Since the minutes are distilled before being sent out to be reviewed by an anxious public, the actual concerns among the Fed governors has probably been significantly understated. (See pictures of the Top 10 scared traders...
...most important warning sign that the economy is sliding again is when the media seeks out the pessimists among the bureau for famous analysts and financiers. Wilbur Ross and George Soros are getting too much air time. They rarely have good things to say about the future. They may be making bets in the market that key economic measurements will deteriorate so their motives are suspect. But, they are probably right anyway. Billionaires have proven track records for prescience. Once they begin to circle, it is almost certain that something is about...
...speak openly at Notre Dame, who's going to want to come here?' MAX YOUNG, a student at the South Bend, Ind., university, where plans to have President Barack Obama deliver May's commencement address have stirred outrage among antiabortion Catholics...
...Health experts say China needs to ramp up its efforts to target these groups and others more effectively. In February, the World Health Organization warned Beijing of a steep rise in HIV among gay men unless prevention programs targeting them were greatly improved. Zunyou Wu, director of the National Center for AIDS/STD Control and Prevention at the Chinese Center for Disease Control and Prevention, says new programs are being developed, but that the government still relies heavily on members of the gay community to educate themselves. Sex workers also lack access to programs and materials they need to keep themselves...