On other news, the Chrysler company's bankruptcy hearings got underway in New York City, and two U.S. marines and one sailor were killed in Iraq on Thursday.
In other news, the House voted overwhelmingly to rein in credit card companies, and the Senate defeated a measure to give homeowners relief in federal bankruptcy court. In Iraq, British troops handed command of Basra to U.S. forces.
In other news, the House adopted much of President Obama's budget Wednesday, and twin car bombings in Iraq killed at least 41 Iraqis.
In other news, the Senate voted to confirm Kathleen Sebelius as the next secretary of Health and Human Services, and lawmakers reached a pact that would endorse President Obama's budget agenda.
In other news, General Motors announced plans to cut another 21,000 jobs and Chrysler reached a deal with United Auto Workers that may help the automaker avoid bankruptcy.
In other news, Taliban militants in a strategically significant district of Pakistan left after the military threatened to use force against them and fighting continued between government troops and rebels in Sri Lanka's civil war.
In other news, the Labor Department reported more than 6 million Americans are now on jobless benefits and at least 78 people died in two separate suicide bombings in Iraq.
In other news, the International Monetary Fund warned that the world economy will lose ground this year for the first time in nearly six decades, and the acting chief financial officer of mortgage giant Freddie Mac was found dead in…
In other news, markets rose following Treasury Secretary Timothy Geithner's statement that the majority of banks are well-capitalized, a Somali teenager appeared in U.S. federal court on charges he helped hijack a U.S. ship, and President Obama left open the…
In other news, Oracle bought the troubled Sun Microsystems company for $7.4 billion and a suicide bomber killed 3 Iraqi civilians and injured 8 U.S. soldiers in Iraq.
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