Ukraine's gas company Naftogaz says Gazprom has cut natural gas supplies to Europe by two-thirds. (www.boston.com)

KIEV (Reuters) - Ukraine's state energy company Naftogaz said on Tuesday that Russia's Gazprom had cut gas supply to Europe via Ukraine to around a third of its normal flow and that the shortage would hit Europe in a few hours. (feeds.reuters.com)

By ALEX BERENSON New York Times NEW YORK - Alleging that Bernard Madoff sent at least a million dollars’ worth of jewelry as gifts to family members and friends in December, federal prosecutors asked a magistrate on Monday to revoke his bail and send ...Madoff Sons Reported Jewelry Violations to US, Lawyer Says BloombergProsecutors Want Madoff’... (news.google.com)

WASHINGTON - President-elect Barack Obama's decision to offer major tax cuts to businesses to help lift the economy out of recession is a significant departure from his campaign pledges that is dividing economists over how effective the cuts will be. (www.boston.com)

Russia's Gazprom cuts gas transiting Ukraine by a fifth, accusing Kiev of stealing gas intended for EU states. (news.bbc.co.uk)

Logitech International SA, a maker of mice, webcams and other computer peripherals, said Monday it is cutting its salaried work force by 15 percent in response to weak consumer demand amid what it expects to be an extended global downturn. (www.newsvine.com)

By Philip P. Pan MOSCOW, Jan. 5 -- Russia said Monday that it is sharply reducing the amount of natural gas it ships to Europe through Ukraine, deepening its fuel embargo of the former Soviet republic as supply disruptions spread to other countries and ...Video: Europe to monitor Ukrainian gas transit? RussiaTodayEU Forced To Tread Softly Around R... (news.google.com)

By David Glovin Jan. 5 (Bloomberg) -- The sons of Bernard Madoff, who is accused of orchestrating a massive Ponzi scheme, alerted prosecutors last week that their father mailed them jewelry, watches and other items in violation of an asset freeze, ...Prosecutors Want Madoff’s Bail Revoked New York TimesUS govt to NY judge: Jail Madoff without bai... (news.google.com)

By ALEX BERENSON, EDMUND L. ANDREWS and DAVID STOUT The disgraced financier Bernard L. Madoff tried to hide at least $1 million in watches and jewelry from government investigators and should have his bail revoked and sent to jail immediately, ...Madoff sightings cause heads to turn ReutersProsecutor wants Madoff jailed without bail The Associated ... (news.google.com)

NEW YORK (AP) -- A prosecutor on Monday asked that Bernard Madoff be jailed pending trial, saying the disgraced financier violated an agreement with the court by mailing watches, jewelry, cufflinks and mittens worth more than $1 million to relatives and friends.... (hosted.ap.org)

NEW YORK (Reuters) - The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, even as automakers wrapped up 2008 as their worst in more than 15 years with yet another month of slumping U.S. sales. (feeds.reuters.com)

NEW YORK/WASHINGTON (Reuters) - U.S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail. (feeds.reuters.com)

If President-elect Barack Obama has his way, individual taxpayers would get a tax cut equal to $500, CNNMoney reports. He is meeting with top legislators in Washington today to push for a massive package to revive the economy. Obama is planning a major speech on the economy Thursday, a senior Democratic official says. (rss.cnn.com)

Prosecutors asked that Madoff be detained after he and his wife sent watches, jewelry and other heirlooms to his brother, his sons and a couple in Florida. (feeds.wsjonline.com)

Cuts would include $500 for most individuals and $1,000 for couples. (feedproxy.google.com)

By Avram Goldstein Jan. 5 (Bloomberg) -- Cigna Corp., the health insurer whose shares fell 69 percent last year because of investment losses, said it will cut about 1100 jobs and take a fourth-quarter after-tax charge of $30 million to $40 million for ...Cigna to cut 1100 jobs, citing weak economy ReutersCigna to Cut Jobs, Consolidate Locations Wa... (news.google.com)

There are no free lunches in life, but one could always count on free beer at Anheuser-Busch theme parks. Until now. (www.boston.com)

Managed care provider Cigna says it will cut about 4 percent of its work force, or roughly 1,100 jobs, because of the slumping economy. (www.newsvine.com)

By JOHN KELL LDK Solar Co. drastically cut its expectations for the fourth quarter, citing lower demand as customers delayed shipment requests and a decrease in overall wafer shipments.LDK warns on 4th quarter,'09 revenue, shares slide ReutersLDK trims 4th-quarter revenue outlook Forbes (news.google.com)

LDK Solar drastically cut its expectations for the fourth quarter, citing lower demand as customers delayed shipment requests and a decrease in overall wafer shipments. (feeds.wsjonline.com)

NEW YORK (AP) — Prosecutors on Monday said disgraced financier Bernard Madoff violated bail conditions by mailing about $1 million worth of jewelry and other assets to relatives and should be jailed without bail. (feedproxy.google.com)

President-elect Barack Obama, commencing face to face consultations with congressional leaders, is embracing an unexpectedly large tax cut of up to $300 billion. Obama said the country faces an "extraordinary economic challenge." (feeds.cbsnews.com)

Escalating Russia's gas dispute with Ukraine, Prime Minister Vladimir Putin ordered cuts in deliveries of gas for transit to the European Union, to account for quantities Moscow accuses Ukraine of stealing. (feeds.wsjonline.com)

Hamas: "By killing our children you legitimize us killing your children." (feedproxy.google.com)

By Frank Prenesti and Keith Weir LONDON, Jan 5 (Reuters) - Britain's opposition Conservative Party on Monday called for the abolition of savings tax for low earners to help them weather the economic downturn.Cameron Aims Help for UK Savers With Cut on Bank Account Tax BloombergQ&A: Tory savings policy BBC News (news.google.com)

Russia tells state giant Gazprom to cut gas sent via Ukraine to Europe over allegations Kiev is siphoning some off. (news.bbc.co.uk)

By ANDREW OSBORN IN MOSCOW and MARC CHAMPION IN BRUSSELS Escalating Russia's gas dispute with Ukraine, Prime Minister Vladimir Putin on Monday ordered cuts in deliveries of gas for transit to the European Union, to account for quantities Moscow accuses ...Video: Europe to monitor Ukrainian gas transit? RussiaTodayRussian gas flow to southeast E... (news.google.com)

BY CATEY HILL The proposed tax cuts, which would make up about 40 percent of the economic stimulus package, may make it easier to attract Republican support for an economic-stimulus package, as many Republicans have said that economic initiatives ...Video: Obama to Meet Congress Leaders on Economic Plan AssociatedPressObama, Democrats See Need for... (news.google.com)

BY CATEY HILL The proposed tax cuts, which would make up about 40 percent of the economic stimulus package, may make it easier to attract Republican support for an economic-stimulus package, as many Republicans have said that economic initiatives ...Video: Obama to Meet Congress Leaders on Economic Plan AssociatedPressObama Plan Includes $300 Bill... (news.google.com)

VIENNA, Austria (AP) - Evidence that OPEC cutbacks were taking hold helped support oil prices above $46 a barrel Monday, with crude also getting support from new unrest in oil-rich Nigeria.Gulf OPEC to ignore Iran oil supply cut call-source guardian.co.ukOil above $47 on MidEast tensions, Russia gas row Reuters (news.google.com)

President-elect Barack Obama was set Monday to meet with key lawmakers and begin the push for a massive package of tax cuts and spending proposals aimed at reviving an economy mired in recession. (rss.cnn.com)

Japan auto executives gathered for an annual New Year's party Monday expressed hopes for a U.S. turnaround and a strengthening dollar to fix the faltering global market. (www.newsvine.com)

President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, as his team seeks to win over Congressional skeptics. (www.msnbc.msn.com)

MOSCOW/KIEV (Reuters) - Russian gas flows to Croatia have fallen by 7 percent because of the deepening row between Moscow and Kiev that has placed more strain on natural gas supplies to Europe, Croatia's pipeline operator said on Monday. (feeds.reuters.com)

President-elect Barack Obama, commencing face to face consultations with congressional leaders Monday, is embracing an unexpectedly large tax cut of up to $300 billion. Obama said the country faces an "extraordinary economic challenge." (www.newsvine.com)