Current News Today
Iceland teeters on the brink of bankruptcy
(AP)
 AP - This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown.
Wed, 08 Oct 2008 00:07:02 GMT
| UN chief sees obstacles to helping Darfur, Somalia
(AP)
AP - The beleaguered peacekeeping force in Sudan's violence-wracked Darfur region cannot be significantly strengthened this year because of increased dangers, the U.N. chief said Tuesday.
Tue, 07 Oct 2008 22:46:18 GMT
| European Union tested by world economic crisis
(AP)
 AP - Wall Street's woes extend far beyond Main Street and all the way to Law Street — the hulking headquarters of the European Union.
Tue, 07 Oct 2008 21:00:03 GMT
| Blood on Thai streets as political crisis worsens
(AP)
 AP - Thailand suffered its worst political violence in more than 16 years as police battled protesters who besieged the Parliament Tuesday in their struggle to change the country's system of democracy. One woman died and more than 400 people were injured.
Tue, 07 Oct 2008 21:00:09 GMT
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Current News Today
Baylor out as Clippers' executive (AP)
Elgin Baylor is out as vice president of basketball operations with the Los Angeles Clippers, and coach Mike Dunleavy will assume his responsibilities as general manager. Dunleavy said Baylor had decided to resign after spending 22 years as an executive with the team. "We greatly appreciate Elgin's efforts during his time with the Clippers, and we wish him the very best," Clippers owner and...
Tue, 07 Oct 2008 17:45:29 PDT
| Next round features BoSox-Rays, Manny (AP)
Exactly why the Boston Red Sox and Tampa Bay Rays tangle so much is hard to tell. Blame it on a high-and-tight pitch here, a hard slide there. Whatever, this much is true: The teams playing in the AL championship series sure get into a lot of scraps. "There's no hatred," injured Red Sox pitcher Curt Schilling insisted Tuesday in an e-mail to The Associated Press.
Tue, 07 Oct 2008 17:42:22 PDT
| Bengals LB Blackstock suspended 4 games (AP)
The NFL suspended Cincinnati Bengals reserve linebacker Darryl Blackstock for the next four games on Tuesday because he used a performance-enhancing substance. The Bengals signed Blackstock as a free agent from Arizona in the offseason. He has played in all five games, including one start, and has four tackles.
Tue, 07 Oct 2008 11:54:57 PDT
| Artest scores 15 in Rockets' debut (AP)
Ron Artest scored 12 of his 15 points in the first quarter of his Houston debut and the Rockets beat the Memphis Grizzlies 96-93 in the preseason opener on Tuesday night. Tracy McGrady sat out to rest his sore left knee. The Rockets star had offseason surgery to remove loose tissue in the knee and said last week that it was healing slower than expected.
Tue, 07 Oct 2008 20:29:47 PDT
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Current News Today
Wall St sinks for fifth day as credit worries mount
(Reuters)
 Reuters - Stocks tumbled for a fifth straight session on Tuesday, capping the Dow's biggest five-day point loss ever, as fears mounted that the rapidly spreading credit crisis would drag the economy into a deep recession.
Tue, 07 Oct 2008 21:18:26 GMT
| Wells could win 75-80 percent of Wachovia deposits: source
(Reuters)
 Reuters - Wells Fargo & Co is likely to get about 75 to 80 percent of Wachovia Corp's deposits, while Citigroup Inc would get the remainder, a person briefed on the matter said on Tuesday.
Tue, 07 Oct 2008 22:13:06 GMT
| Alcoa third-quarter net down; cutting back spending
(Reuters)
 Reuters - Aluminum producer Alcoa Inc said it was halting major capital projects in the face of uncertain markets, after it posted a lower-than-expected quarterly profit on softer demand in key sectors like the aerospace and auto industries.
Tue, 07 Oct 2008 23:44:39 GMT
| MetLife releases third-quarter expected results
(Reuters)
 Reuters - U.S. life insurance company MetLife Inc on Tuesday said it expects to report income from continuing operations of $1.38 to $1.58 per share and premiums, fees and other revenues of $8.6 billion in the third quarter.
Wed, 08 Oct 2008 02:20:34 GMT
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Current News Today
McCain, Obama clash over economic crisis
(AP)
 AP - Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for sweeping action by the government to directly shield many homeowners from mortgage foreclosure.
Wed, 08 Oct 2008 03:50:51 GMT
| Half-ton Mexican man dies after pleading for help
(AP)
 AP - A 990-pound bedridden man who had appealed on Mexican television for help tackling his weight problem died Tuesday of heart failure, his family said.
Tue, 07 Oct 2008 23:35:35 GMT
| Iceland teeters on the brink of bankruptcy
(AP)
AP - This volcanic island near the Arctic Circle is on the brink of becoming the first "national bankruptcy" of the global financial meltdown.
Tue, 07 Oct 2008 19:40:41 GMT
| Obama, McCain stretch facts in debate
(AP)
 AP - Democrat Barack Obama and Republican John McCain stretched facts, sometimes past the breaking point, as they addressed the financial crisis and misrepresented each other's position on health care during their second presidential debate.
Wed, 08 Oct 2008 02:38:36 GMT
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