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Nation and World

Twin evils stoke fears of 'stagflation'

By Jeannine Aversa Associated Press
Feb 26, 2008 10:00 pm - WASHINGTON -- It's worrisome math: Slowing economic growth plus soaring prices could eventually equal "stagflation." That's a toxic economic brew the nation hasn't taste...
Pilot fired after buzzing airfield with $264 million jet, airline says

Associated Press
Feb 26, 2008 10:00 pm - HONG KONG -- A Cathay Pacific Airways pilot was fired after he swooped down and buzzed a Seattle-area airfield without permission while taking delivery of a Boeing 777-3...
Sotheby's posts record earnings

Reuters
Feb 26, 2008 10:00 pm - NEW YORK -- Sotheby's, one of the world's largest art sellers, said Tuesday fourth-quarter profit rose 46 percent to a record, helped by a surge in auction commissions a...
Author, commentator William F. Buckley Jr. dies at 82

Associated Press
Feb 26, 2008 10:00 pm - NEW YORK -- William F. Buckley Jr. died at work, in his study. Communism had fallen long before. A Republican was in the White House. The word "liberal" had been shunned...
Caterpillar to stay in truck engine business

Reuters
Feb 26, 2008 10:00 pm - The top executive at Caterpillar Inc., which has acknowledged facing an important decision regarding its on-highway truck engines, said Tuesday the company has no plans ...
Nuke plant shutdown causes Florida outages, affecting more than 3 million

Associated Press
Feb 25, 2008 10:00 pm - MIAMI -- A relatively minor glitch in Florida's electrical grid somehow triggered a chain reaction Tuesday that caused a nuclear plant to shut down and briefly cut power...
Virginia college locked down during search for man seen with handgun

Associated Press
Feb 25, 2008 10:00 pm - FERRUM, Va. -- Classes were canceled and a small private college went on lockdown Tuesday as police searched for a man who was seen with a gun on campus, officials said....
Existing home sales fall for sixth month

Feb 25, 2008 10:00 pm - WASHINGTON -- Sales of existing homes fell for the sixth straight month in January, dropping to the slowest sales pace on record. Median home prices were also down and m...
Visa stock offering may hit $19 billion

Associated Press
Feb 25, 2008 10:00 pm - NEW YORK -- Stocks are shaky, credit is tight, the economy may be tipping into a recession. Not the best of times to be going to the markets for what could be the larges...
Justice's streak of silence now past two years

Associated Press
Feb 25, 2008 10:00 pm - WASHINGTON -- Two years and 144 cases have passed since Supreme Court Justice Clarence Thomas last spoke up at oral arguments, a period of silence that contrasts with th...

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