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North America, Good Economic News Timeline Saturday, October 11     Author
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Apple announces cheaper 3G iPhone  The company is hoping to boost its share of the smartphone market, with support for faster wireless networks Deal reached on US economic plan
World News Business (415) Good Economic News (76) North America
2007 (3) 2006 (1) 2005 (2) 2004 (2) 2003 (2) 2002 (2) 2001 (5) 2000 (3)
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U.S. stocks rebound after bailout failure  The Dow Jones industrial average rose 236 points in early trading, after a record 777-point fall the day US GDP rebounds with 3.3% growth  The US economy grew at a revised 3.3% annually in the 2nd quarter of 2008, much higher than its first estimate of 1.9%   Bush lifts ban on offshore oil drilling  President Bush lifted an executive order banning offshore oil drilling and urged Congress to follow suit   Bush calls for offshore drilling

September 2008 ... more > Top ^

Sep. 30   New York

August 2008 ... more > Top ^

Aug.28   Washington

July 2008 ... more > Top ^

Jul.14   Washington

June 2008 ... more > Top ^

Jun.18   Washington
  President George W Bush has called on Congress to end a 27-year ban on drilling for oil in coastal waters, to reduce dependence on imports
Jun.9   San Francisco Bay Area

January 2008 ... more > Top ^

Jan.24   U.S. Congress
  The White House and the Democrats in Congress have agreed a $150bn stimulus package that will offer tax rebates to boost growth

year 2007 Top ^

Jul.8   Seattle Boeing unveils Dreamliner plane   US plane manufacturer has unveiled its 787 Dreamliner, the firm's first all-new jet since 1995 Jan.9   San Francisco Bay Area Apple's 'magical' iPhone unveiled   Users will be able to download music and videos with the phone, demonstrated by CEO Steve Jobs at the Macworld Expo

year 2006 Top ^

Oct.3   New York Dow hits record  The investors hoping to join the rally pushed the industrial average to a record high

year 2005 Top ^

Feb.4   Washington Court rejects $280bn tobacco case  The government claim is accusing the country's biggest tobacco companies of covering up the effects of smoking

year 2004 Top ^

Nov.9   San Francisco Bay Area Mozilla Firefox browser launched   Jun.21   Southern California Private craft makes space history  SpaceShipOne to become the first private manned spacecraft to fly to the edge of space and back

year 2003 Top ^

Dec.11   New York Dow Jones ends above 10,000  The share index has closed above the 10,000 level for the first time since May 2002 Dec.4   Washington United States scrapped tariffs on steel  Japan has joined the European Union in dropping the threat of retaliation

year 2002 Top ^

Jul.24   New York Dow saw its second-biggest gain ever
  Dow Jones index added 488.95 points to 8,191.29. The buying was spurred by the arrest of offenders in Adelphia scandal

year 2001 Top ^

Nov.17   USA Harry Potter sets box office record  The adventure of the boy wizard grossed $31.3 million in its debut, the highest single-day take ever Oct.23   San Francisco Bay Area iPod: New digital music player  The new MP3 player is a device with the size of a deck of cards Oct.3   Washington   Bush package to boost economy  President has announced a revitalisation package of $60bn to $75bn to avert a recession following suicide attacks Apr.18   New York Fed cuts rates, markets rally  The Federal Reserve cut interest rates between its regular meetings by 0.5%. Dow up 400, Nasdaq up 170 Jan.3   Washington Fed cut rate, stocks up  A surprise interest rate cut lift Nasdaq to a record 14.17%

year 2000 Top ^

Jan.14   New York Dow Jones reached 11,722
  3.9 times higher than the high of 2,999.75 reached in 1990
Jan.1   USA Y2K bug fails to bite
  A flaw in computer program that caused processing to operate incorrectly on and after January 1, 2000
 The Year 2000 problem caused concern that critical industries and government functions would cease operating at midnight, January 1. Companies and organizations upgraded their computer systems. When January 1 arrived there were problems generally regarded as minor




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