United States

US loses 663,000 jobs in March, unemployment at 8.5 per cent

US loses 663,000 jobs in March, unemployment at 8.5 per cent

Troubled banks want to buy back toxic assets

Troubled banks want to buy back toxic assets New York - US banks that have received government financial aid to help to stay afloat due to investments in risky assets are considering buying back so-called "toxic assets" for resale, according to a report Friday by British daily the Financial Times.

Citing unnamed banking sources, the FT said the institutions considering the move included Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase, all of which have received billions of dollars from the US government to stay afloat in the ongoing financial crisis.

Investigator admits stopping juror from meeting Anand Jon’s sister

Investigator admits stopping juror from meeting Anand Jon’s sisterLos Angeles, Apr 3 : Anand Jon's case has taken a new twist with an investigator appointed by the District Attorney's office admitting that a juror was stopped from meeting the Indian fashion designer's sister.

Brian Bennett, the supervising investigator on the case for the Los Angeles district attorney''s office, testified that it was his decision to intercept Juror No. 12 on his way to the meeting.

Porn flick ‘Pirates II’ dubbed better alternative to drinking or other dangerous activities

Porn flick ‘Pirates II’ dubbed better alternative to drinking or other dangerous activitiesWashington, Apr 3 : After screening of the porn film `Pirates II: Stagnetti''s Revenge' was cancelled, a member of Maryland University's student union has said that it would have been a good alternative to drinking or other dangerous activities.

The screening was to take place at the University of Maryland, College Park, this weekend.

White House chief florist to retire after 31 years on the job

White House chief florist to retire after 31 years on the jobWashington, Apr. 3 : The chief florist at the White House, Nancy Clarke, is retiring next month after 31 years in the mansion.

"It''s such a hard decision. I''ve been thinking about it for a couple years," reliable source quoted Clarke, as saying.

She''s created bouquets for the Carters, Reagans, Clintons and both Bush administrations (she was especially close to Laura Bush) and the Obamas, but said the timing seemed right to leave -- she''s expecting her first grandchild any day.

Tori Spelling’s weight loss put down to stress with estranged mum

 Tori Spelling’s weight loss put down to stress with estranged mumWashington, Apr 3 : American actress Tori Spelling's weight loss has brought her into the spotlight after she shed more pregnancy pounds than normal.

Spelling, 35, who was spotted sporting a bony frame, revealed the stressful relationship she has with her estranged mother Candy in her tell-all book "Candyland," which hit bookstores last month.

"I took so much crap for so long; I needed to get the truth out there so I was brutally honest," Fox News quoted her as saying about her controversial publication.

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