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Europe governments go their own way on crisis
(AP)
AP - Individual European governments issued a flurry of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis sweeping financial markets, even as stock markets crashed and the euro sank to its lowest level for over a year.
Sen. Stevens on tape: "might serve time in jail"
(Reuters)
Reuters - Sen. Ted Stevens told an oil-executive friend, in recordings played on Monday at the Alaska Republican's corruption trial, they both risked going to jail -- but he didn't think it would come to that.
Fan use linked to lower risk of sudden baby death
(AP)
AP - Using a fan to circulate air seemed to lower the risk of sudden infant death syndrome in a study of nearly 500 babies, researchers reported Monday. Placing babies on their backs to sleep is the best advice for preventing SIDS, a still mysterious cause of death.
Lehman sought millions for execs while seeking aid
(AP)
AP - The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.
NASA spacecraft soars past Mercury
(AFP)
AFP - A US space probe successfully flew by Mercury on Monday to photograph the solar system's smallest planet, in the second of three planned passes, the US space agency NASA said.
Behind big job losses, a tighter credit squeeze
(The Christian Science Monitor)
The Christian Science Monitor - Pink slips are now being handed out at the fastest pace since 2003 - an economic event that may have ramifications from the ballot box to the Christmas tree.
Markets want political lead, rate cuts for crisis
(Reuters)
Reuters - Western governments and central banks faced demands for coordinated action on Tuesday after Australia responded to the escalating global financial crisis by cutting its interest rates sharply.
Penguins ride air force jet to South Atlantic
(AP)
AP - More than 370 penguins that mysteriously washed up on Brazil's equatorial beaches were flown south on a huge air force cargo plane and released closer to the frigid waters they call home, animal advocates said Monday.
Palin pledges of Alaska sunshine marred by secrets
(AP)
AP - Sarah Palin's promise for a new era of government openness as the reform governor of Alaska started to crack even before Sen. John McCain's presidential campaign built a wall of protectiveness around her.
Palin ethics probes beset by secrecy and lawsuit
(AP)
AP - Republican vice presidential candidate Sarah Palin says she's an open book regarding an abuse-of-power investigation. Apparently her staff doesn't feel the same way.
Rescue plan disappointment contributes to sell-off
(AP)
AP - The government's $700 billion rescue, aimed at rebuilding economic confidence, appeared to sound a global alarm instead on Monday, triggering a fearful international sell-off as the U.S. began work on a plan that investors feared would be too little and too late to stave off a worldwide recession.
Prosecutors move to delay Rezko sentencing
(AP)
AP - Federal prosecutors moved Monday to delay indefinitely the sentencing of convicted fundraiser Antoin "Tony" Rezko, sending their strongest hint yet that he is ready to spill his political secrets.
Latest warning highlights dangers of microwaving
(AP)
AP - Zapping frozen meals in the microwave may be fast and easy, but it also can make you sick if it's not done properly.
Fan use linked to lower risk of sudden baby death
(AP)
AP - Using a fan to circulate air seemed to lower the risk of sudden infant death syndrome in a study of nearly 500 babies, researchers reported Monday. Placing babies on their backs to sleep is the best advice for preventing SIDS, a still mysterious cause of death.
Lehman sought millions for execs while seeking aid
(AP)
AP - The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.
Most Alaskan Glaciers Retreat and Thin
(LiveScience.com)
LiveScience.com - Most of Alaska's glaciers are retreating or thinning or both, a new book by the U.S. Geological Survey reports.
Obama awarded Illinois grants to relative's group
(AP)
AP - As a state senator, Democrat Barack Obama awarded $75,000 in government grants to a Chicago social service organization led by a rabbi who is also his wife's cousin, records show.
Penguins ride air force jet to South Atlantic
(AP)
AP - More than 370 penguins that mysteriously washed up on Brazil's equatorial beaches were flown south on a huge air force cargo plane and released closer to the frigid waters they call home, animal advocates said Monday.
6 die in family murder-suicide in upscale LA home
(AP)
AP - An unemployed man with an advanced finance degree who was despondent over his own financial problems shot and killed his wife, three children, mother-in-law and then himself in an upscale home in a gated community, police said.
BofA earnings tumble, cuts dividend
(Reuters)
Reuters - Bank of America Corp, citing "recessionary conditions," on Monday halved its dividend and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses.
Asian markets mixed after Australia's big rate cut
(AP)
AP - Asian markets showed signs of life Tuesday as investors cheered a big interest rate cut by the Australian central bank aimed at alleviating the unfolding global credit crisis that has battered global markets.
Police say Louisville woman kills self, daughters
(AP)
AP - A woman was shot to death and her two school-age daughters fatally stabbed Monday in an apparent murder-suicide, officials said.
Palin pledges of Alaska sunshine marred by secrets
(AP)
AP - Sarah Palin's promise for a new era of government openness as the reform governor of Alaska started to crack even before Sen. John McCain's presidential campaign built a wall of protectiveness around her.
Bad connection caused atom smasher shutdown
(AP)
AP - A bad electrical connection likely caused the malfunction that sidelined the world's largest atom smasher days after it was launched with great fanfare, a senior scientist said Monday.
Shepard autopsy among missing records in Wyo.
(AP)
AP - An autopsy report for slain University of Wyoming student Matthew Shepard is among numerous autopsy records missing from the Albany County coroner's office, the coroner said.
Armed man releases his hostages in Guatemala City
(AP)
AP - An armed man in a jealous rage took 42 hostages in a Guatemala City call center on Monday and released them unharmed and turned himself to police after a five-hour standoff, police said.
6 die in family murder-suicide in upscale LA home
(AP)
AP - An unemployed man with an advanced finance degree who was despondent over his own financial problems shot and killed his wife, three children, mother-in-law and then himself in an upscale home in a gated community, police said.
Obama has 3-point national lead on McCain
(Reuters)
Reuters - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.
McCain linked to private group in Iran-Contra case
(AP)
AP - GOP presidential nominee John McCain has past connections to a private group that supplied aid to guerrillas seeking to overthrow the leftist government of Nicaragua in the Iran-Contra affair.
Dark matter, new planets could bring physics Nobel
(AP)
AP - Scientists who have pursued dark matter, hunted for undiscovered planets and advanced nanotechnology were being touted Monday as candidates for the 2008 Nobel Prize in physics.
