Monday, April 20, 2009

Former House Speaker Newt Gingrich slammed President Obama Monday for his friendly greeting of controversial Venezuelan President Hugo Chavez. Reporters were unable to understand much more of what Gingrich said, as his lips were curiously locked onto Rush Limbuagh's ass.

Oracle Corp. has offered to buy Sun Microsystems for $7.4 billion on Monday. CEOs hope the Justice Department will clearly see its way to approving the merger

Bank of America Corp. warned of worsening loan default problems Monday even as it posted a first-quarter profit of $2.81 billion. Observers say it would've done better if it stopped mailing everyone credit card offers five times a month.

The New York Times won five Pulitzer Prizes for journalism today. The financially strapped company is expected to melt the statues down and sell them for scrap.