Thursday, February 17, 2005 Alan Greenspan, Chairman of the Federal Reserve has suggested that there will be more of the same in coming months from the Fed. In his speech during testimony before the U.S. Senate Banking Committee on Wednesday, Mr. Greenspan noted that the economic fundamentals of the U.S. appeared to be stable. On Thursday, Greenspan spoke before the U.S. House Committee on Financial Services and when faced with questions regarding Social Security reform issues, he hinted that he was in favour of partial privatization of Social Security –…
U.S. manufacturer General Motors seeks bankruptcy protection
Monday, June 1, 2009 United States automobile manufacturing firm General Motors filed for bankruptcy and Chapter 11 protection from its creditors at 12:00 UTC Monday, in a Manhattan, New York federal bankruptcy court. This was the largest bankruptcy filing for a U.S. manufacturing company, and with declared assets of $82.29 billion and a debt of $172.81 billion, and the fourth largest bankruptcy filing in recent U.S. history — after the bankruptcies of {{w|Lehman Brothers|| ($691.06 billion), Washington Mutual ($327.91 billion), and WorldCom ($103.91 billion). The filing, expected to be the…
Sweden’s Crown Princess marries long-time boyfriend
Monday, June 21, 2010 Sweden’s first royal wedding since 1976 took place Saturday when Crown Princess Victoria, 32, married her long-time boyfriend and former personal trainer, Daniel Westling, 36. The ceremony took place at Stockholm Cathedral. Over 1,200 guests, including many rulers, politicians, royals and other dignitaries from across the world, attended the wedding, which cost an estimated 20 million Swedish kronor. Victoria wore a wedding dress with five-metre long train designed by Pär Engsheden. She wore the same crown that her mother, Queen Silvia, wore on her wedding day…
Hunter Tylo to rejoin the cast of “Bold and Beautiful”
Thursday, April 28, 2005 Actress Hunter Tylo is reported to have rejoined the cast of The Bold and the Beautiful, in the latest chapter of a rocky relationship between Tylo and the casting office. The news was first broken by entertainment magazine Soap Opera Weekly. Tylo played the role of Dr. Taylor Hamilton Forrester from 1990 until 2002, when she was killed off by villainess Sheila Carter, played by Kimberlin Brown. Taylor’s love affair with Ridge Forrester (played by Ronn Moss), and the ensuing triangle with Brooke Logan (played by…
Minnesota oil pipeline explosion and fire kills two
Friday, November 30, 2007 A major oil pipeline in Minnesota exploded and caught fire, killing two workers. The pipeline carries oil from Saskatchewan, Canada to close to Chicago, United States, representing 16% of America’s total oil imports. The section of the pipe that exploded was undergoing maintenance at the time to address a pinhole leak first identified three weeks earlier, and patched at the time with a metal sleeve. On Wednesday, the entire section was removed and replaced with a new one. When oil was reintroduced on Thursday morning, oil…
Category:June 2, 2010
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First winter snowfall in New Zealand
Saturday, June 4, 2005 Overnight Friday a Southerly storm brought snow to both the Southern Alps and the central North Island mountains of New Zealand for the first time this year, closing major roads and stranding travellers at the start of the Queens Birthday holiday weekend. Police and the AA urged motorists to drive with extra care and to the conditions this weekend. In the North Island, State Highway 1 between Waiouru and Rangipo, the Desert Road was closed by deep snow at 3 PM on Friday afternoon. Other roads…
Wikinews interviews Australian wheelchair basketball player Tina McKenzie
Friday, January 3, 2014 Preston, Victoria, Australia —On Saturday, Wikinews interviewed Tina McKenzie, a former member of the Australia women’s national wheelchair basketball team, known as the Gliders. McKenzie, a silver and bronze Paralympic medalist in wheelchair basketball, retired from the game after the 2012 Summer Paralympics in London. Wikinews caught up with her in a cafe in the leafy Melbourne suburb of Preston. Tina McKenzie: [The Spitfire Tournament in Canada] was a really good tournament actually. It was a tournament that I wish we’d actually gone back to more…
U.S. ISPs to test restricting heavy Internet users
Thursday, June 5, 2008 On June 3rd, 2008, two United States Internet service providers (ISPs) announced they would begin tests to slow web access for their most active customers and charge them for extra speed. Comcast and Time Warner Cable, two of the largest ISPs in North America, both made separate announcements of their plans. The actions come in the wake of an investigation by the Federal Communications Commission (FCC), over whether Comcast had restricted some customers from sharing videos, music, and similar files. The FCC investigation led to a…
Flash floods hit Australia’s eastern coast
Thursday, June 30, 2005 6,000 residents of Lismore in NSW have been told to evacuate their homes. A couple is missing on the Gold Coast in Queensland. State Emergency Services (SES) workers are currently preparing to evacuate a number of nursing homes in the suburbs of Southport and Burleigh. The Australian Bureau of Meteorology (BOM) have said that South East Queensland has recorded rainfalls of 368mm in the last 24 hours and that the Gold Coast suburb of Coolangatta has been averaging 80mm per hour for at least two hours.…