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Hugh Jackman, the Australian actor known to film audiences will be host of the 81st incarnation of the Oscars, the Academy of Motion Picture Arts and Sciences announced on Friday.
Crude oil rose, touching $49 in New York, after OPEC’s Secretary-General Abdalla El-Badri said the group needs to make a “sizeable” production cut at this week’s meeting in Algeria.
Georgia and Texas banks with $544 million in deposits were shut by state regulators, raising the failure toll to 25 for this year, as mortgage delinquencies and home foreclosures climb in a deepening U.S. recession.
