A US Airways plane crashed into the Hudson River, sending passengers fleeing for safety in the frigid waters. The FAA and US Airways said the passengers made it off and were safe, marking a rare successful water landing. The captain of the plane reportedly was Chesley Sullenberger, a US Airways pilot since 1980 with 19,000 hours of experience and a former U.S. Air Force F-4 pilot.
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Bank of America was near an agreement with U.S. officials late Thursday that would provide it with fresh capital while backstopping $115 billion to $120 billion of assets.
Stocks wrapped up the day close to where they began, after a wild ride that sent the Dow industrials below 8000 for the first time since November.
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A gain related to WaMu helped J.P. Morgan post a profit despite a surge in provisions for credit losses and markdowns on leveraged loans.
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House Democrats are circulating a stimulus measure that pushes health care, education and highways as well as tax cuts.
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Israeli airstrikes killed Hamas's security chief, providing a tactical victory for the Jewish state as it moved forces into the territory's urban areas.
"Hotel for Dogs" is a mixed breed of sweet fantasy and rabid commerce, a film that grabs its audience like a chew toy and doesn't know when to let go.
A US Airways Group jetliner carrying about 150 people crashed into the Hudson River on after hitting a flock of birds. All passengers were safely evacuated.
French President Sarkozy made a long-expected limited cabinet shuffle, though big hitters, like Finance Minister Lagarde, appear to remain in place.
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Intel's profit sank 90% as sales dropped 23% amid a rapid deceleration in computer demand and pricing pressure during the key holiday season.
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Microsoft is exploring significant work-force reductions, a rare occurrence for the world's largest software company.
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Dealers in the troubled correlation markets planned to vote this week on a series of changes the reformers hope will bring liquidity back to the market.
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Columnist Neal Templin reflects on the dumb things he's done to save money that ended up costing him.
Publishers, historic sites and the U.S. Postal Service line up to commemorate America's first master of horror.
TARP II and other reasons people are scared.
Recession-weary patrons are flocking to the library to update résumés, scan for job listings, and find entertainment.
The recession is no day at the beach, even in New York's ritzy Hamptons and nearby Shelter Island. Asking rents for these three prime properties for Memorial Day through Labor Day are a bit lower this year than in 2008.
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Alternative-energy firms are reporting an influx of inquiries and business from companies anticipating Obama will implement stricter energy regulations.
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Residents run with the bulls in an Indian festival, an Israeli strike hits a United Nations building, rickshaw drivers protest electricity cutbacks in Nepal and more.
Recession-weary patrons are flocking to the library to update résumés, scan for job listings, and find entertainment.
How a sedate museum created a home for a sumptuous costume collection.
Walt Mossberg tests new e-book apps that aim to bring current and popular titles from major publishers to the iPhone and Touch.
There's still plenty of time for the state to get it right.
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