Late surge for stocks on report of Obama's Treasury secretary pick Wall Street got a boost of confidence late today following a report that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. The Dow rose almost 500 points. Author : editor@mercurynews.com (
By Tim Paradis and Sara Lepro Associated Press
) Publ.Date : Fri, 21 Nov 2008 15:00:45 -0700
Threat of falling rocks closes part of Yosemite lodging YOSEMITE NATIONAL PARK — Officials with the National Park Service say they will close part of a popular lodging complex at Yosemite National Park because an unstable cliff has created the potential for deadly rockfall. Author : editor@mercurynews.com ( /
Associated Press
) Publ.Date : Fri, 21 Nov 2008 10:52:49 -0700
Gas drops below $2 a gallon in U.S., and even some stations in San Jose Motorists lined up five cars deep Friday at the Costco pumps in San Jose as average gasoline prices nationally dropped below the $2-a-gallon mark for the first time in years, according to the AAA auto club. Just months ago, gas prices had neared $5 a gallon. Author : jwoololk@mercurynews.com (
Bush signs jobless benefits extension With no end in sight to economic bad news, President George W. Bush today ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach. Author : editor@mercurynews.com ( /
Associated Press
) Publ.Date : Fri, 21 Nov 2008 06:45:52 -0700
State legislators call off Sunday session as budget impasse deepens Gov. Arnold Schwarzenegger and legislative leaders continued to hunker down Friday in the hopes of navigating the state out of its latest budget mess. But the thorny question of how and where to find more money continued to frustrate negotiations. While several money-generating ideas are under discussion '” including raising annual car registration fees '” none has gained the support of GOP leaders. Author : mzapler@mercurynews.com (
Appeals court sidetracks California effort to resume executions A state appeals court Friday ensured further delays in California's already inert death penalty system, finding that Gov. Arnold Schwarzenegger's administration did not follow proper procedures when it attempted to revise the state's lethal injection method to get executions back on track.