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Presidential Transition: Eric Holder Becomes Barack Obama’s First Choice for Attorney General. News from WASHINGTON – Eric Holder, formerly second in charge at the Justice Department, is President-elect Barack Obama’s top choice to become attorney general, an Obama official and people close to the matter said Tuesday. Holder’s selection would mark Obama’s first step toward [...]

Why Circuit City Busted, While Best Buy Boomed: There is no mystery as to why the No. 2 electronics retailer in the U.S., Circuit City, filed for bankruptcy on Nov. 10. You could blame it on the bad economy or decreased consumer spending — which played no small role — but the real culprit is [...]

Citigroup Throws Struggling Homeowners A Lifeline. News from NEW YORK ― Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes — making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring [...]

Bedouin seize Egyptian police near Israeli border. News on Nov 11th, 2008 from RAFAH, Egypt — Armed Bedouin attacked a security checkpoint Tuesday in Egypt’s Sinai Peninsula and seized 11 policemen in a restive area near the border with Israel, an Egyptian security official said.
The Bedouin tribesmen were angered by a police shooting a day [...]

Michelle Obama and Hillary Clinton soap opera takes new turn at White House. News Details from the White House: Michelle Obama wasn’t always an admirer of Hillary Clinton, but last Wednesday the soon-to-be first lady dialed up the former first lady for pointers on protecting her two young daughters from the media maelstrom of the [...]

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