At Boston, Massachusetts: as of 8:54 PM
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| TOP STORIES | | | [29 min ago ] (Scot Yount, NECN) - 78-year-old Matilda Winslow lives on a fixed income in Boston’s Dorchester neighborhood. She gets some free heating oil each winter from citizen's energy.
This was the scene four years ago. It could have been dismissed as a... | | | read more  | | | [1 hour ago ] UNITED NATIONS (AP) - The United Nations said Monday there is an
"increasingly alarming" humanitarian crisis in Gaza, directly
contradicting Israeli denials that its offensive caused the growing
problem.
U.N. humanitarian chief John Holmes... | | | read more | | | [3 hours ago ] (Brian Burnell, NECN) - As the economy falters states and cities across the country deal with budget deficits. Some in the billions of dollars. In Connecticut -- the state's three biggest cities are looking for help, and one US Senator hopes the incoming... | | | read more | | | | | |
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| | | | Breaking News [ 1 hour ago ] | | |
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BUSINESS:
Paulson defends bailout before congress
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| November 18, 2008 Paulson defends bailout before congress
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(Greg Wayland, NECN) - It was a busy day in Washington Tuesday. Two congressional hearings have been looking into the troubled economy and how to fix it. U.S. automakers are now making their case for government help.
Earlier, the Treasury Secretary and Federal Reserve Chairman defended their handling of the 700 billion dollar bailout.
Chairman Christopher Dodd has scolded automakers for failing to head off their crisis, but he favors a bailout to save the industry and millions of jobs. Meanwhile house lawmakers were upset by the administration's shift in bailout strategy. The man who engineered that shift said there's no playbook for dealing with an unprecedented crisis.
NECN's Greg Wayland explains.
Related Stories: [13 weeks ago] [6 weeks ago] [4 weeks ago] [13 weeks ago] |
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