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Comedian Tracy Morgan facing ‘arduous’ recovery after near-fatal crash

‘Arduous’ recovery ahead for funny man Tracy Morgan (via AFP) US actor Tracy Morgan, known for his Emmy-nominated turn on television comedy “30 Rock,” is facing an “arduous” recovery after a car crash, his agent said Monday. Morgan was critically injured Saturday in a the six-car accident in New Jersey…

Obama taps General Electric chairman to lead economic council

President Barack Obama announced Friday that General Electric (GE) Chairman and CEO Jeffrey Immelt will chair the President’s Council on Jobs and Competitiveness. The new council was to replace the Economic Recovery Advisory Board headed by Paul Volcker. In making his announcement, Obama said Volcker’s panel had pulled the economy…

Obama: Tax refunds up 10 percent due to stimulus

US President Barack Obama on Saturday stressed the importance of tax benefits offered by his 787-billion-dollar economic stimulus plan that was enacted last year in the hope of boosting the US economy. Administration officials say one-third of the stimulus package, known as the Recovery Act, is made up of tax…

McConnell: Tiger Woods had better year than stimulus

Economists say the Democrats’ stimulus package saved or created one to two million jobs, but the Senate Minority Leader isn’t about to admit it. “I think the evidence is pretty clear, you know Tiger Woods and John Edwards had a better year than the stimulus did,” Sen. Mitch McConnell (R-KY)…

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