WBZ NewsRadio Headlines

My WBZ Morning Headlines 4/28/2008

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Play from 1:19[1:19] ..." The Federal Reserve is considering yet another interest rate cut the center bank has been cutting rates since last September with larger cuts in January and march when housing credit and"...

Play from 5:42[5:42] ..." point 6%. Russian reported first quarter earnings were roughly in line with Wall Street expectations. Mars in Warren Buffett's company said to be tuning up to acquire Rick -- more than 22 billion dollars a formal announcement may come today. But Continental Airlines is called up is merger talks with the united it is now turning its attention to alliance -- British here. And America. But -- attempt to expand its business blockbuster is putting more video games and game hardware and so let's. It's Monday but the markets -- open on the upside Dow futures were reported the good. Nasdaq up by his six business reports and thirty it past the hour Barbara Lebanon marketwatch.com -- WBZ Newsradio 1030."...

Play from 0:01[0:01]" WBZ news time is 8 o'clock 46 mostly cloudy in Boston good morning I'm Deb Lawler Ed Walsh is off today. And here's what we're following in the WBZ news drum shop first start your engines the rebate checks are coming."

Play from 0:14[0:14]" Many retailers are counting on the rebate money to charge up slumping sales of four Wheeling accident kills a young Fitchburg boy."

Play from 0:21[0:21]" I was kind of -- diet was nine years old he would have been three years -- next week."

Play from 0:25[0:25]" Working on a state budget on Beacon Hill words of caution as the house begins debating the budget today and respect. I'm Carl Stevens rain for -- parched -- plenty of rain is on the way animals say on the cool side -- take it on the -- three times in Tampa deal with sports coming up at 815 what would you do with your rebate check the government is hoping you'll be spending it sooner rather than later in order to stimulate the economy. As Peter -- reports of money's being distributed a week early."

Play from 0:54[0:54]" Nearly eight million Americans will receive the first of the checks in direct deposit accounts starting today more will be mailed through July rebates ranging from 3021200 dollars are the centerpiece of the government's stimulus strategy the administration and retailers hope people will spend the money to help bolster the economy but some surveys indicate many will use the checks to pay bill."

Play from 1:19[1:19]" The Federal Reserve is considering yet another interest rate cut the center bank has been cutting rates since last September with larger cuts in January and march when housing credit and financial problems took a turn for the worse. This time their thinking about a quarter point reduction in the federal funds rate announcement is expected at the end of the Fed's two day meeting on Wednesday. A tragic turn of events in the case of two young boys who were off roading in Lunenburg this past weekend WBZ's Mary Blake reports."

Play from 1:47[1:47]" The boys were overcome by carbon monoxide fumes nine year old Alejandro to mossy in -- Fitchburg died yesterday at mass general hospital. Eleven year old your body in its highest of Leominster remains in critical condition at that same facility. Lester DA Joe Hurley says both boys have been sitting in the backseat of a Jeep they had gotten stuck in the mud in a wooded area of Lunenburg Friday night. But when he adults working on the vehicle knows that the boys had passed out early says the investigation is continuing."

Play from 2:12[2:12]" Is going to be discussion with everyone who's at the scene everyone that was simple. It is a horrible tragedy."

Play from 2:18[2:18]" Hamas in would have turned ten next week an autopsy is to be performed today Mary Blake WBZ Newsradio 1030."

Play from 2:25[2:25]" It's best upon the pavement this morning in the financial district driving may be an adventure of their during repairs on congress street after a water main break flooded the underground gas system over the weekend. Only one lane is open to traffic as crews make repairs. Let the debate began on Beacon Hill house lawmakers today begin debate on more than 1500 amendments to the proposed state budget. WBZ's Carl Stevens has our preview."

Play from 2:49[2:49]" We're not exactly swimming in an -- of prosperity these days which is why Michael Widmer head of the Massachusetts taxpayers foundation takes a look at all these proposed amendments to the state budget so be careful."

Play from 2:59[2:59]" Heading into a recession so we start. Adding in any way to the bottom line we just dig deeper hole it's going to be property."

Play from 3:08[3:08]" The budget proposal is already nearly twenty million bucks who -- already ought to balance without these amendments attached Carl Stevens WBZ Newsradio 1030."

Play from 3:17[3:17]" A Boston firefighter was picked up by police at a -- station after he allegedly bought 200 dollars worth of oxycontin from a person described as a known drug dealer. William Boyle is out on disability police say he was not formally arrested but will be issued a criminal summons to appear in court on a possession charge. The military says 38 militants have been killed in fighting in Iraq officials say 22 were killed -- troops put down an attack on a checkpoint. And a Shiite militia stronghold. Another sixteen were killed in separate clashes in what's being called the fiercest fighting. In weeks in Baghdad. He's Mickey and making peace and east from umass Boston and he's making progress Oregon valley has been holding closed door meetings in Helsinki. With rival members of Iraq's parliament and tribal leaders today they're expected to announce another round of talks in Baghdad. O'Malley says he got to this point with the help of people who have deep experience one would."

Play from 4:11[4:11]" BB Iraqi political parties and acting collectively true and try to piece team all. Very sophisticated negotiators from northern Ireland and South Africa who were partly to bringing peace to keep conflicts in the -- country."

Play from 4:32[4:32]" When asked if it's possible that there can be peace in Iraq O'Malley says yes. Marine researchers are telling whale watching boats to slow down a study this month in the journal conservation biology and reported by the globe. Found no boats are ignoring a pledge made ten years ago to voluntarily restrict speeds near Wales the goal is to prevent collisions but undercover researchers armed with GPS units found -- sometimes going three times he agreed to limits. Boston police are looking into what may be a case of vandalism on WBZ TV photographer. Plus several trees uprooted up Mass Ave. and Roxbury last night the tree suggest been planted last week is part of arbor day celebrations. At least seventeen of the newly planted trees. Were apparently vandalized WBZ news time is 88."

Play from 5:19[5:19]" Remember to check this out when you've got to work. Listen online every day to wbz1030.com."

Play from 5:28[5:28]" And do the business world is Ron Amadon of marketwatch.com good morning on good morning -- Kirk Kerkorian was to increases -- company's holdings in Ford. It was to buy up to twenty million Ford shares a move that would increases holdings in port to a book five point 6%. Russian reported first quarter earnings were roughly in line with Wall Street expectations. Mars in Warren Buffett's company said to be tuning up to acquire Rick -- more than 22 billion dollars a formal announcement may come today. But Continental Airlines is called up is merger talks with the united it is now turning its attention to alliance -- British here. And America. But -- attempt to expand its business blockbuster is putting more video games and game hardware and so let's. It's Monday but the markets -- open on the upside Dow futures were reported the good. Nasdaq up by his six business reports and thirty it past the hour Barbara Lebanon marketwatch.com -- WBZ Newsradio 1030."

Play from 6:24[6:24]" ABC news time is 810 and Elliot Abrams has the extended WBZ AccuWeather forecast rusty by Toyota quality depend on."

Play from 6:32[6:32]" Cloudy today -- spreading across the area this morning a lot of periods of rain right on through tonight into tomorrow some of -- heavy enough to -- street flooding. I today near fifty temperatures steady -- tonight 55 high tomorrow. Wednesday times of clouds and sunshine high 55 Thursday cloudy to partly sunny browse a shower high 58. Nice weather in just ten minutes on WBZ AccuWeather meteorologist Ellen Abrams in Boston 45 degrees"

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[13:18]..." things have been done. You know making equity investments and financial institutions. Federal Reserve buying commercial paper. On the Fed to pay interest rate on bank reserves. Well the various mortgage loan modification plans lots of different things that are being done. To help restore stability "...

[2:56]..." then the the economy's not going to find its footing until the housing market bottoms and and -- sense of of the bottom in the housing market. This represents the percent change peak to the current point time. In four different measures housing activity. Nominal house prices real house "...

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[2:56]..." then the the economy's not going to find its footing until the housing market bottoms and -- that you sense of of the bottom in the housing market. This represents -- percent change peak to the current point in time. In four different measures housing activity. Nominal house prices -- "...

[0:00]..." Moody's chief economist Mark Zandi he spoke at the New England economic partnership conference in Boston. The first like is out through the between the financial system's "...

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[7:57]..." into this -- a question number 2 well the story begins and housing market. And you could see the boom the bachelor and the bust in the housing market here. This is a very good measure national house prices this is the national. Five -- case Shiller index. Encompasses. About 70% "...

[13:10]..." notified had to reset their first reset in -- seven that's when interest rates were still hot with the merger lower rates. To the increase in monthly payments was recent stint about 350 bucks a months "...

[19:59]..." said oh my goodness this this is -- release quite serious in stock market Kate and keep skating. The panic. And what has agreed to some degree we're pass through the worst of it -- say "...

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30:31