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Madoff trustee sued by investors
The trustee in charge of liquidating Bernard Madoff's assets has been sued by a company which is seeking to recover $10 million.
Big News Network

Marines in combat still seek a better flak vest
Acting on widespread complaints from its troops in Iraq and Afghanistan, the Marine Corps has ordered major modifications to its body armor to improve comfort, mobility and safety, The Associated Press has learned. The decision results from a survey of more...
San Francisco Chronicle

Corzine seeking more cuts in budget
TRENTON - Gov. Corzine is proposing cutting $812 million from New Jersey's budget in response to estimates that the state's financial shortfall has leaped from $1.2 billion to $2.1 billion.
Telegraph

Laid-off foreign workers scurry to remain in U.S.
SANTA ANA, Calif. - For foreign professionals in the United States, the rising unemployment rate is especially daunting.Laid-off foreign workers are scrambling for temporary visas and seeking advice from immigration lawyers about how long they can legally stay in the country while hunting for jobs.
Telegraph

SA edge tight first day in Sydney
South Africa restrict Australia to 267-6 on day one of the final Test in Sydney as they seek to end the hosts' reign as the world's number one team.
BBC

NY business sues Madoff to get back $10 million
NEW YORK (AP) -- A fuel service company has sued the trustee in charge of liquidating Bernard Madoff's assets, seeking to recover $10 million it invested with the disgraced financier....
The Arizona Republic

Twin Cities Jewish leaders see hope in new year for Iowa town
Postville seeks a responsible owner for the kosher plant, the town's main employer, that shut down in May after an immigration raid.
CBC.ca

Lottomatica seeking to benefit from Italy
The gaming company is optimistic it will achieve 'moderate' growth in the country, whose gaming market is still forecast to grow 12.5% for the full 2008 year in spite of the economy being in recession
FT.com

Silversmith seeks to stay ahead of market
Richard Fox has forged a recession-resistant niche in the ecclesiastical market, supplying silverware and bespoke objects to churches and cathedrals around the world
FT.com

Factory fire sends huge toxic cloud over West Midlands
Thousands of people were advised to stay indoors yesterday after a fire at a chemical works released a large cloud of toxic gas.The thick, low hanging cloud of phosphorous peroxide was reported to be heading south over houses and towns in the West Midlands after a fire at Rhodia Consumer Specialities chemical works in Langley, near Birmingham. Police said the cloud, which measured about 15 metres by 122 metres (50ft by 400ft), was blown south towards the M5. They advised motorists to keep moving and keep windows closed and air vents off.The chemical reacted badly when it came in contact with water and was likely to cause skin irritation and breathing difficulties, a police spokesman said. He added: 'If you experience any of the mentioned symptoms please seek medical advice.'Oldbury residents were told to keep windows and doors closed until the cloud dispersed after four hours, at about 4pm. There were no reports of any injuries.Fifty firefighters tackled the blaze at the chemical plant
Telegraph

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