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WNED.org
Last updated: 12:23AM ET
January 9, 2009
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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.

Israel bombards Gaza as U.S. backs ceasefire proposal

GAZA (Reuters) - Israeli warplanes bombed targets across the Gaza Strip on Thursday and tanks advanced on Palestinian guerrillas as U.S. backing for a truce proposal raised expectations of an end to the offensive.

Explosions heard in northern Israel: reports

JERUSALEM (Reuters) - Several explosions were heard in northern Israel on Thursday and Israel suspected they were caused by rockets fired from Lebanon, Israeli media reported.
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