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Bernanke: Crisis could prolong economic pain- Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain.
- Stocks fell in quiet trading Tuesday as enthusiasm over the Federal Reserve's latest efforts to inject frozen credit markets with a dose of much-needed confidence gave way to concerns about the balance sheets of some financial companies. Trading remained fractious, and the major indexes alternated between gains and losses a day after the market suffered another huge drop.
- The winner of Tuesday night's presidential debate is the candidate who can best use his performance to boost his standing with voters. For Republican John McCain, that means slowing if not reversing Democrat Barack Obama's edge in national and swing-state polls.
- A federal judge has ordered the release of a small group of Chinese Muslims from Guantanamo Bay into the United States.
- Executives at American International Group Inc. hid the full range of its risky financial products from auditors as losses mounted, according to documents released Tuesday by a congressional panel examining the chain of events that forced the government to bail out the conglomerate.
3 win Nobel for subatomic physics research- Two Japanese citizens and an American won the 2008 Nobel Prize in physics on Tuesday for discoveries that help explain the behavior of the smallest particles of matter.
Nepal appoints 3-year-old as new living goddess- Hindu and Buddhist priests chanted sacred hymns and cascaded flowers and grains of rice over a 3-year-old girl who was appointed a living goddess in Nepal on Tuesday.
Esquire names Halle Berry 'sexiest woman alive'- Alongside a photo spread that shows her in little more than a T-shirt, Halle Berry talks about being the sexiest woman alive, a title Esquire magazine gives her in its November issue.
- New York Yankees closer Mariano Rivera had surgery Tuesday on his right shoulder and is expected to resume throwing in three months, a month ahead of spring training.
Boeing, Air China Announce Agreements for Boeing 777s and 737s
"These airplanes are the most fuel efficient in their classes," said
Air
"Our long-standing and productive partnership with Air China goes back to
the airline's beginning and we're proud to be part of their success," said
The order, worth approximately
The 777 family of airplanes is the market leader in the 300-to-400-seat
segment. Since the first 777 went into service in
To date, 56 customers around the world have ordered more than 1,080 777s, making it the most successful twin-engine wide-body airplane on the market. Currently, Boeing has more than 350 unfilled orders for the 777.
To date, 115 customers have ordered more than 4,800 Next-Generation 737s.
Boeing has more than 2,200 unfilled orders for the Next-Generation 737 valued
at more than
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