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Rockets from Lebanon hit Israel
JERUSALEM (Reuters) - At least four rockets fired from Lebanon exploded in northern Israel on Thursday, wounding two people, police and medics said, in an attack likely linked to Israel's offensive against Hamas Islamists in the Gaza Strip.
Obama to lay out case for stimulus in speech
WASHINGTON (Reuters) - President-elect Barack Obama will call for quick action on a fiscal stimulus package in a speech on Thursday aimed at reassuring Americans that he is determined to stem the economic crisis.
Profit warnings, job losses herald lasting slowdown
NEW YORK/SINGAPORE (Reuters) - A fresh wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could be the worst in almost 60 years.
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