January 5, 2009

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On Feb. 24, 1982 the defending champion Boston Celtics, with a 37-15 record, pounded the Utah Jazz, 132-90. Said Jazz coach Frank Layden, "We...
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Page one

Obama Cabinet
nominee pulls out

Governor Bill Richardson of New Mexico yesterday told President-elect Barack Obama that he was withdrawing as nominee to be secretary of commerce amid a federal grand jury investigation into how some of Richardson's political donors won $1.5 million in state contracts. (By Sasha Issenberg, Globe Staff)
Related coverage

Israelis split Gaza in two
amid calls for a cease-fire

Israeli troops and tanks, protected by heavy air, sea and artillery fire, sliced through the center of Gaza yesterday, taking control of rocket-launching areas and surrounding the main city, as their government rebuffed diplomatic efforts to end the nine-day assault. (By Ethan Bronner, New York Times)
Related coverage

Church struggles to keep its voice

The leadership of the Christian Science Church, acknowledging declining membership and a series of unsuccessful ventures in recent years, is trying to calm and stabilize the small denomination and reemphasize its belief in spiritual healing. (By Michael Paulson, Globe Staff)

Jumbo mortgage loan rates
put damper on refinancing

While plunging mortgage rates have spawned a frenzy of refinancing, borrowers with larger, so-called jumbo loans are still seeing interest rates in the 7 percent range, prompting many to abandon refinancing plans altogether or resort to creative transactions. (By Jenifer B. McKim, Globe Staff)

As rich rivals cut back,
small colleges sell stability

Lesser-known colleges, which do not have the luxury of dipping into multibillion-dollar reserves, are scrambling to market themselves as affordable and sound investments. Their survival, after all, is directly tied to the number of students - and tuition dollars - they bring in. (By Tracy Jan, Globe Staff)

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