NEW YORK (AP) -- Shoppers won't be picking up ornate lamps from the Bombay Co. in the coming year. Or investing with Lehman Brothers and Bear Stearns. No flying to Hawaii on Aloha Airlines or buying ultra-cheap tickets on Skybus, either. All those names vanished this past year, victims of the economy, the financial meltdown or other factors. Experts say 2009 could mark the end of even more well-known brands as the now-yearlong recession puts more struggling companies on life support.
- Keith Higa
By Andrew Stern and Karen Pierog CHICAGO (Reuters) - Criticism rained down on embattled Illinois Gov. Rod Blagojevich on Wednesday for his defiance in appointing the state's new U.S. senator but doubts persisted that anyone could block the...
- Keith Higa
A national poll suggests that three-quarters of the public thinks President-elect Barack Obama is a strong and decisive leader, the highest marks for a president-elect on that characteristic in nearly three decades.
- Keith Higa
President-elect Barack Obama will ring in the New Year quietly at the rental home in Hawaii, according to transition spokesman Ben LaBolt. “The Obama family is staying in Kailua, celebrating with friends,” LaBolt said, referring to he part of the island of Oahu where the family has been staying for nearly two weeks.
- Keith Higa