Dec. 31 (Bloomberg) — GMAC Inc., the auto and home lender bailed out twice by the U.S. government, received a third rescue package valued at $3.79 billion that gives taxpayers a majority stake in the Detroit-based company.
The infusion will bolster lending at GMAC as it absorbs $3.8 billion in new pretax charges and decides what [...]
December 31, 2009 | Posted in
Business,
Nation |
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Legendary Actress Katharine Hepburn will be immortalized on a new series of postage stamps issued on May 12, 2010, as part of the Postal Service’s Legends of Hollywood series.
Among the other new 2010 stamp honorees are Mother Teresa, singer Kate Smith, filmmaker Oscar Micheaux, the Winslow Homer painting “Boys in a Pasture,” poet Julia de [...]
December 30, 2009 | Posted in
Diversions,
People |
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Citrus County Sheriff’s Office detectives are investigating the robbery today of the Chevron gas station in Lecanto.
The CCSO says a black male entered the station at 5 p.m. at 2205 W. Norvell Bryant Highway.
The robber surprised the clerk, who was working at the store’s utility-payment workstation. The man grabbed all of the cash from the [...]
December 30, 2009 | Posted in
Law & Order,
Local |
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Eight Americans have been killed in a suicide bomb attack in southeastern Afghanistan, US officials say.
Reports said the attack happened at Forward Operating Base Chapman in Khost Province and that the the suicide bomber was wearing an explosive vest.
One unnamed US official was quoted by Reuters news agency as saying that all of those killed [...]
December 30, 2009 | Posted in
News,
World |
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LUBBOCK, Texas — Texas Tech fired coach Mike Leach on Wednesday, just two days after he was suspended by the school as it investigated his treatment of a player with a concussion.
The school handed a termination letter to Leach’s attorney, Ted Liggett, just minutes before the two sides were to appear in a Lubbock, Texas, [...]
December 30, 2009 | Posted in
Football,
Sports |
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A computer malfunction is thought to be the cause of a bomb scare on Monday in Inverness.
The Citrus County Sheriff’s Office reports that just before 8:30 a.m., dispatchers received a call that a computer at Inverness Medical Imaging (2105 Highway 44 W.) had displayed a message that alleged someone had brought a bomb in.
When deputies [...]
December 30, 2009 | Posted in
Law & Order,
Local |
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There will be a blue moon on Thursday as New Year’s Eve revellers welcome in 2010 – the first time since 1990 that a blue moon has coincided with New Year’s Eve.
A blue moon – the second full moon in a calendar month – occurs only every 2½ years on average. This month, full moons [...]
December 30, 2009 | Posted in
Nation,
SciTech |
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The US was aware that “a Nigerian” in Yemen was being prepared for a terrorist attack – weeks before an attempted bombing on a US plane.
ABC News and the New York Times say there was intelligence to this effect, but its source is unclear.
Umar Farouk Abdulmutallab flew from Lagos to Amsterdam before changing planes for [...]
December 30, 2009 | Posted in
Nation |
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A federal appeals court this week ruled that a California police officer can be held liable for injuries suffered by an unarmed man he Tasered during a traffic stop.
The decision, if allowed to stand, would set a rigorous legal precedent for when police are permitted to use the weapons and would force some law enforcement [...]
December 30, 2009 | Posted in
Nation |
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WASHINGTON, Dec 29 (Reuters) – Senate Democrats, spurred by last week’s failed attack on a U.S.-bound jetliner, will try to break a deadlock and confirm President Barack Obama’s choice to run the Transportation Security Administration, a Senate aide said.
Majority Leader Harry Reid will schedule a vote when the Senate returns in January from its holiday [...]
December 30, 2009 | Posted in
Nation,
National Politics |
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