Founded in 1848, The Associated Press is the backbone of the world's information system serving thousands of daily newspaper, radio, television and online customers with coverage in all media and news in all formats. It is the largest and oldest news organization in the world, serving as a source of news, photos, graphics, audio and video for more than one billion people a day. The Associated Press has received 47 Pulitzer Prizes, more than any other news organization in the categories for which it can compete. AP operates as a not-for-profit cooperative with 3,700 employees working in more than 240 worldwide bureaus. ====================================================
1. A new survey by the Federal Reserve says the economy has gotten even weaker in the last two months, and the outlook for quick recovery is bleak. Still the Dow made up some ground today taking back some of what it had lost over the past week.
2. President Barack Obama is approving an order aimed at overhauling what he calls a “broken” government contracting system. He and others are proposing new rules dictating how the government awards contracts for private sector work.
3. Secretary of State Hillary Clinton is chastising Israel for destroying Palestinian homes in Jerusalem. She visited the West Bank today and said such action doesn't promote the peace process.
4. Believe it or not, this man somehow survived this horrendous collision between a truck and a train in Turkey. The truck bed actually swept over him, leaving him only with minor injuries.
WORDS IN THE NEWS
1.overhaul: v. to change a system or method in order to improve it 2.dictate: v. to tell someone exactly what they must do or how they must behave 3.chastise: v. formal to criticize someone severely 4.horrendous: adj. frightening and terrible [= horrific]
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