Cut News

On Wednesday a man entered a Home Depot store located in West Covina, California, and used saws to cut both of his arms.

Dublin - A video interview with Richard Boyd Barrett, a member of the Irish Parliament, about the devastation of EU-enforced austerity measures.

While insisting the move is not political, Egypt has cut the country's natural gas supply to Israel on Sunday. Egypt cited violations of contractual obligations.

The Finnish telephone manufacturer Nokia is to cut another 3,500 jobs as part of its ongoing billion-euro cost-cutting plan.

A damning report out from the Canadian Centre for Policy Alternatives says that Canada has been negligent when it comes to protecting its workers.

Los Angeles Times has plans to close printing operations in Orange County, California, resulting in about 80 layoffs. The Times has already reduced the newspaper's width from 48 to 44 inches

American Express plans to eliminate 4,000 jobs or approximately 6 per cent of its workforce; the weakened economy has caused higher customer defaults.

In a story first reported by ESPN earlier on Wednesday, it appears that the Dallas Cowboys have released wide receiver Terrell Owens after a controversial three-year stay.

The world's big oil exporters are struggling to trim production enough to boost prices as demands plummets but now Saudi Arabia says that $75 is a fair price for a barrel of oil. OPEC may still struggle to keep prices at any set level.

The Bank of Canada announced it is lowering interest rates by one-quarter of a point to 2.25 per cent. A statement released Tuesday morning says "three major interrelated developments are having a profound impact on the Canadian economy."