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Current News Today

Tainted milk, a baby's death and lawsuit in China (AP)
Yi Yongsheng shows a photo of his deceased infant son with his grandfather, Sunday, Oct. 12, 2008, at his Xinxing home in China's northern Gansu province. The death of Yi's son from kidney failure was one of four China's government has reported so far in a tainted milk scandal. Thousands of children were sickened after eating milk powder laced with the industrial chemical melamine. (AP Photo/Greg Baker)AP - Heartbroken at the sudden death of their baby boy, the Yi family struggled to forget what they thought was a tragic twist of fate. They burned his clothes, toys, everything but a single photo and the baby formula he drank.


Mon, 13 Oct 2008 20:17:51 GMT

Bush critic Paul Krugman wins economics Nobel (AP)
Paul Krugman, Princeton University professor of economics and international affairs, listens to his introduction at a gathering in Princeton, after he was announced the winner of the 2008 Nobel Prize in economics Monday, Oct. 13, 2008.  (AP Photo/Mel Evans)AP - PRINCETON, N.J. — Paul Krugman, whose relentless criticism of the Bush administration includes opposition to the $700 billion financial bailout, won the Nobel prize in economics Monday for his work on international trade patterns.


Mon, 13 Oct 2008 20:55:22 GMT

Europe puts more on the line for banks than US (AP)
French President Nicolas Sarkozy delivers a speech during a press conference after an extraordinary Cabinet meeting at the Elysee palace in Paris, Monday, Oct. 13, 2008. Sarkozy said his government will provide up to Euro360 billion (US$491 billion) to help banks stay afloat through the financial crisis. The measure is part of a raft of proposals agreed with other governments sharing the euro currency on Sunday to unblock frozen credit markets. (AP Photo/Christophe Ena)AP - Europe put $2.3 trillion on the line Monday to protect the continent's banks, a figure that dwarfs the Bush administration's $700 billion rescue program, in its most unified response yet to the global financial crisis after a stumbling start.


Mon, 13 Oct 2008 21:02:53 GMT

Photos of North Korean leader add to uncertainly (AP)
This combination of two undated Korean Central News Agency photos, made available by Korea News Service in Tokyo, shows in the above photo North Korean leader Kim Jong Il, wearing glasses, standing with uniformed soldiers during his visit to a military unit in an unknown location of North Korea. The above photo was released Aug. 16, 2008. The photo below, the first released since the Aug. photos, also shows Kim visiting a military unit in an unknown location of North Korea and was released Saturday Oct. 11, 2008. The similar settings and the verdant background looking more like summer than autumn, add to uncertainty about Kim's health after reports he underwent brain surgery. (AP Photo/Korean Central News Agency via Korea News Service)AP - The first photos of North Korean leader Kim Jong Il released in two months show him in a setting very similar to photographs from August.


Mon, 13 Oct 2008 18:54:33 GMT

Current News Today

Romo may miss 4 weeks with broken finger (AP)
Dallas Cowboys quarterback Tony Romo has a broken finger on his throwing hand and could be out for up to four weeks. Romo broke his right pinkie on the first play of overtime in a 30-24 loss at Arizona on Sunday. The injury leaves the Cowboys (4-2) with 40-year-old Brad Johnson as the starter for Sunday's game at St.

Mon, 13 Oct 2008 13:38:53 PDT

Clemson official: Bowden out as coach (AP)
Tommy Bowden is out as Clemson's football coach. Bowden and the school split Monday in the middle of his 10th season, which started with the Tigers ranked No. 9 and picked to win the Atlantic Coast Conference. But an opening 34-10 rout by Alabama and recent losses to Maryland and Wake Forest raised calls again for Bowden's ouster despite a recent contract extension.

Mon, 13 Oct 2008 11:30:10 PDT

Emerging ace Lester faces Rays in Game 3 (AP)
Jon Lester is pitching like an ace. Just don't call him that. The strapping Red Sox left-hander hasn't allowed an earned run in 14 innings this postseason. That followed 5 2-3 shutout innings in a Game 4 win that completed a sweep of the Colorado Rockies in last year's World Series. Ace? That's not a label he seeks.

Mon, 13 Oct 2008 01:03:54 PDT

Big Brown injured, racing career over (AP)
Big Brown's racing career ended Monday when the Kentucky Derby and Preakness winner injured his right front foot during a workout at Aqueduct Race Course in New York. Michael Iavarone of IEAH Stables, co-owners of Big Brown, said the 3-year-old colt tore a three-inch piece of flesh off the foot after it collided with his right rear foot while working over Aqueduct's turf course with stablemate...

Mon, 13 Oct 2008 13:13:34 PDT

Current News Today

Wall Street soars 11 percent on bank rescue and Morgan deal (Reuters)
A trader claps on the floor of the New York Stock Exchange October 13, 2008. (Shannon Stapleton/Reuters)Reuters - Wall Street roared back from its worst week ever with one of its best single days ever on Monday, as governments pledged to pour cash into struggling banks to restore confidence in a rocky global financial system.


Mon, 13 Oct 2008 20:47:21 GMT

Governments to buy bank stakes; stocks soar (Reuters)
Traders in the S and P 500 pit of the Chicago Board of Trade signal orders shortly after the opening bell in Chicago, Illinois October 13, 2008. (Frank Polich/Reuters)Reuters - Governments around the world bet hundreds of billions of dollars to rescue failing banks on Monday, sending world stocks soaring and giving Wall Street its biggest one-day gain ever.


Mon, 13 Oct 2008 21:01:46 GMT

Morgan Stanley shares soar as MUFG deal closes (Reuters)
The exterior of the headquarters of investment bank Morgan Stanley is pictured in New York City, September 17, 2008. (Mike Segar/Reuters)Reuters - Morgan Stanley stock nearly doubled after Japan's Mitsubishi UFJ Financial Group Inc (MUFG) completed its $9 billion investment in the bank on Monday.


Mon, 13 Oct 2008 20:08:44 GMT

GM shares rebound after Detroit merger reports (Reuters)
General Motors World Headquarters is seen along the Detroit River in Detroit, Michigan, September 17, 2008. (Rebecca Cook/Reuters)Reuters - Shares of General Motors Corp jumped almost 18 percent on Monday after reports the No. 1 U.S. automaker had been in merger talks in recent weeks with smaller rivals Ford Motor Co and Chrysler LLC.


Mon, 13 Oct 2008 14:18:41 GMT

Current News Today

2nd out-of-state teen dropped at Omaha hospital (AP)
Todd Landry with the Nebraska Department of Health and Human Services speaks at a news conference in Omaha, Neb., Monday, Oct. 13, 2008 after a Michigan mother drove roughly 12 hours to Omaha, so she could abandon her 13-year-old son at a hospital under Nebraska's unique safe-haven law. 'I certainly recognize and can commiserate and empathize with families across our state and across the country who are obviously struggling with parenting issues, but this is not the appropriate way of dealing with them, whether you're in Nebraska or whether you're in another state,' said Landry. (AP Photo/Nati Harnik)AP - A Michigan mother drove roughly 12 hours to Omaha, so she could abandon her 13-year-old son at a hospital under the state's unique safe-haven law, Nebraska officials said Monday.


Mon, 13 Oct 2008 21:56:34 GMT

Johnston speaks about Bristol Palin, Obama, baby (AP)
In this Sept. 3, 2008 file photo, Levi Johnston, left, is seen with his girlfriend Bristol Palin, daughter of Republican vice presidential candidate Sarah Palin, at the Republican National Convention in St. Paul, Minn.  Johnston, who's having a baby with Palin's daughter, can't believe all the things he's hearing.  No, he wasn't held against his will on the campaign trail. No, he's not being forced into marrying 17-year-old Bristol Palin. No, this isn't a shotgun wedding. 'None of that's true,' Johnston, 18, said in brief interview with The Associated Press. 'We both love each other. We both want to marry each other. And that's what we are going to do.'  (AP Photo/Paul Sancya/file)AP - Levi Johnston, who's having a baby with Gov. Sarah Palin's daughter, can't believe all the things he's hearing. No, he wasn't held against his will on the campaign trail. No, he's not being forced into a shotgun wedding with 17-year-old Bristol Palin.


Mon, 13 Oct 2008 21:41:58 GMT

Teen changes her name to CutoutDissection.com (AP)
AP - A 19-year-old Asheville teenager said she legally changed her name to CutoutDissection.com to protest animal dissections in schools.

Mon, 13 Oct 2008 21:35:13 GMT

GM to close stamping plant near Grand Rapids (AP)
General Motors World Headquarters is seen along the Detroit River in Detroit, Michigan, September 17, 2008. (Rebecca Cook/Reuters)AP - The U.S. automotive sales slump worked its way to two Midwestern automaking towns Monday when General Motors Corp. announced it would close a Michigan metal stamping plant and stop making sport utility vehicles in Wisconsin by the end of the year.


Mon, 13 Oct 2008 21:32:07 GMT