Another famous high-end store in England is closing 27 of its stores due to continued revenue and profit downtrend. Marks &Spencer announce the other day that it is also cutting 1,200 employees as a result of the closure of the affected stores.

Satyam disaster wave has reached far away as even the NYSE was halted in the morning session. Indian software major faces a threat to its' very existence as its' Chairman resigned while admitting to a huge $17 Billion fraud.

As the Chairman, Satyam Computers resigned while admitting frauds, the Security and Exchange Board of India considers the option of probe against other software majors as well.

It looked like this was going to be Thomas Noftall's year. The 27-year-old man from Toronto won $135,000 on four scratch-off lottery tickets New Year's Eve. The only problem is the printing company had screwed up.

Another casualty due to the global economic crisis as one of the world's wealthiest men is said to have committed suicide due to his financial situation. This comes just months after a rash of suicides in the US related to the financial downturn.

Just as the recession is deepening, the one bright spot is the crackdown on illegal immigration to take place this year. According to a former Ashcroft aide that may make a difference in protecting American jobs.

Claiming a breach of contract, four employees in Piqua, Ohio are suing 14 of their co-workers for failing to share lottery winnings. The four were absent on the day the winning ticket was purchased during an office lottery pool.

A Hooters waitress was awarded her denied benefits in court. Sara Dye had been fired from her job after recovering from an attack because her bruises did not maintain a 'glamorous appearance.'

Alberta companies servicing the oil and gas frims in the province are closely watching their spending as economic activiy slows in the resource sector.

A very cold front, expected to last all week until Sunday, is causing great hardship in eastern-European countries, mainly because of the Ukrainian-Russian gasbill row. in Romania, Poland and Hungary, at least nine people have been found frozen to death.