NewsFeeds 12.2.10

JetBlue seeks subsidy for service to New York (Times-Dispatch)
Low-cost carrier JetBlue Airways would consider restarting air service from Richmond to New York if the community would agree to subsidize the service, the airline’s top executive said yesterday.

Plant closing will end 300 jobs (Freelance Star)
A Spotsylvania County  plant that produces and distributes direct-mailing materials will close next month, leading to about 300 lost jobs in the region.

Fannie, Freddie say mortgage servicers triggered foreclosure crisis (Washington Post)
Fannie Mae and Freddie Mac defended their role in the foreclosure crisis in prepared testimony to Congress on Wednesday, while at least one federal regulator said the mortgage giants had contributed to the problem.

Why I Love WikiLeaks (Slate)
International scandals—such as the one precipitated by this week’s WikiLeaks cable dump—serve us by illustrating how our governments work. Better than any civics textbook, revisionist history, political speech, bumper sticker, or five-part investigative series, an international scandal unmasks presidents and kings, military commanders and buck privates, cabinet secretaries and diplomats, corporate leaders and bankers, and arms-makers and arms-merchants as the bunglers, liars, and double-dealers they are.

Fed Documents Breadth of Emergency Measures (NY Times)
Efforts to help stabilize the markets at the height of the financial crisis reached far beyond Wall Street and deep into the economy, newly released data show.

Loss of jobless benefits could be serious blow to U.S. economy (LA Times)
Some 2 million people are set to lose payments this month as the kind of extension that Congress routinely approved in the past falls victim to partisan gridlock.

Smaller Firms Still Hesitant to Hire (WSJ)
When it comes to hiring, Main Street businesses remain reluctant to fully open their doors.

How to Hire Seasonal Employees (Inc.)
Each year, U.S. businesses take on thousands of additional workers to withstand increased holiday demand from October to January. Here’s how to get ahead of the competition.

JetBlue seeks subsidy for service to New York (Times-Dispatch)
Low-cost carrier JetBlue Airways would consider restarting air service from Richmond to New York if the community would agree to subsidize the service, the airline’s top executive said yesterday.

Plant closing will end 300 jobs (Freelance Star)
A Spotsylvania County  plant that produces and distributes direct-mailing materials will close next month, leading to about 300 lost jobs in the region.

Fannie, Freddie say mortgage servicers triggered foreclosure crisis (Washington Post)
Fannie Mae and Freddie Mac defended their role in the foreclosure crisis in prepared testimony to Congress on Wednesday, while at least one federal regulator said the mortgage giants had contributed to the problem.

Why I Love WikiLeaks (Slate)
International scandals—such as the one precipitated by this week’s WikiLeaks cable dump—serve us by illustrating how our governments work. Better than any civics textbook, revisionist history, political speech, bumper sticker, or five-part investigative series, an international scandal unmasks presidents and kings, military commanders and buck privates, cabinet secretaries and diplomats, corporate leaders and bankers, and arms-makers and arms-merchants as the bunglers, liars, and double-dealers they are.

Fed Documents Breadth of Emergency Measures (NY Times)
Efforts to help stabilize the markets at the height of the financial crisis reached far beyond Wall Street and deep into the economy, newly released data show.

Loss of jobless benefits could be serious blow to U.S. economy (LA Times)
Some 2 million people are set to lose payments this month as the kind of extension that Congress routinely approved in the past falls victim to partisan gridlock.

Smaller Firms Still Hesitant to Hire (WSJ)
When it comes to hiring, Main Street businesses remain reluctant to fully open their doors.

How to Hire Seasonal Employees (Inc.)
Each year, U.S. businesses take on thousands of additional workers to withstand increased holiday demand from October to January. Here’s how to get ahead of the competition.

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