HP to cut nearly 25,000 jobs by 2011

Computer maker Hewlett-Packard said it will lay off 24,600 employees, or 7.5% of its workforce, over the next three years in a plan to integrate tech outsourcer Electronic Data Systems, which HP bought late last month. HP said the workforce reduction will result in annual cost savings of about $1.8 billion. Of the nearly 25,000 layoffs, HP said a

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Linwood Holton - Virginia Republican ex-Governor to Campaign for Obama

Former GOP governor Linwood Holton today endorsed a Democrat for president for the first time and is going to stump critical areas of the state for him. Linwood Holton is the hero of moderate Republicans in Virginia. Holton is widely regarded as the father of the Republican party in Virginia.

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McCain Furiously Backpedals On 'Strong Economy'

Just now in Florida McCain offered the most contorted retraction ever of his oft-repeated "strong economy" line -- he changed it to be a reference about workers (!). Another interesting thing to note: McCain stole Obama's "Enough is enough line." There's something hilarious about seeing that guy say "enough is enough" without any apparent sense of

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Matt Cassel Leads Patriots to Victory on First Start

NFL Football Box Score: Final statistics from the New England vs. New York game played on September 14, 2008

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Lehman Brothers File for Chapter 11 Bankruptcy

Lehman Brothers, burdened by $60 billion in soured real-estate holdings, said it is filing for Chapter 11 bankruptcy after attempts to rescue the 158-year-old firm failed.

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Iraq: " The surge is working" ? Not quite.

By Andrew Gray BAGHDAD (Reuters) - The new U.S. military commander in Iraq must find ways to keep improving security while American troop levels are falling, Defense Secretary Robert Gates said on Monday as two Baghdad bombings underlined the scale...

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Richard Cohen of Washington Post tears into McCain

Washington Post columnist and former McCain fan Richard Cohen tears into McCain in his latest column. Money quote: "Karl Marx got one thing right -- what he said about history repeating itself. Once is tragedy, a second time is farce. John McCain is both."

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