Top Hits - Quality Web Directory

Current News Today

Europe governments go their own way on crisis (AP)

A trader reacts as he watches financial markets on a computer in Paris, at Meesschaert Asset Management. Desperate new measures by governments in Europe and North America to stabilise the financial system failed to stop panic selling that swept global markets Monday amid deepening gloom at the scope of the banking crisis.(AFP/Patrick Kovarik)

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.

Tue, 07 Oct 2008 01:05:51 GMT

Protesters clash with police in Thailand, 1 dead (AP)

Anti-government protesters try to flee from tear gas in front of Parliament in Bangkok, Thailand, Tuesday, Oct. 7, 2008. (AP Photo/Sakchai Lalit)

AP - Thai protesters demanding the government resign set fire to cars and threw bottles and metal barricades at police, who used tear gas to break through their blockade around Parliament Tuesday. At least one person was killed and more 350 were injured.

Tue, 07 Oct 2008 17:00:20 GMT

3 win Nobel for subatomic physics research (AP)

AP - Two Japanese citizens and an American won the 2008 Nobel Prize in physics on Tuesday for discoveries that help explain the behavior of the smallest particles of matter.

Tue, 07 Oct 2008 14:09:03 GMT

Maldives gears up for first democratic election (AP)
AP - To supporters, President Mamoun Abdul Gayoom is a hero who turned a poor nation of fishermen into a tourist paradise and the economic success story of South Asia.

Tue, 07 Oct 2008 16:15:01 GMT

Current News Today

BoSox back in ALCS after ousting Angels (AP)
The Boston Red Sox brushed aside the 100-win Angels in four games, dismissing their best-in-baseball regular season as last month's news. When it turns to October, no one dominates like Boston. Jason Bay scored with a headfirst slide on Jed Lowrie's two-out single in the ninth inning and the defending World Series champions took advantage of a botched suicide squeeze, beating Los Angeles 3-2 Monday...

Mon, 06 Oct 2008 23:56:25 PDT

Vikings win despite Bush's 2 return TDs (AP)
The Saints gave a national audience a taste of what New Orleans' long-suffering fans have bemoaned for years. Not that the Minnesota Vikings will complain about being the latest to play a supporting role in the Saints' stranger-than-fiction, four-decade history of bizarre and dramatic losses. Even Reggie Bush's record-tying two punt returns for touchdowns couldn't make up for New Orleans' numerous...

Mon, 06 Oct 2008 23:02:35 PDT

Rays finish off White Sox, head to ALCS (AP)
They rushed toward the mound, these remarkable Rays, and immediately formed a circle. Jumping together like fraternity brothers, they resembled party regulars in the postseason. Worst in the majors last year, Tampa Bay will play for a spot in the World Series. "It means everything. We've been at the bottom of the barrel for so long," B.J.

Mon, 06 Oct 2008 20:34:11 PDT

Broken ribs leave Westbrook uncertain (AP)
All-Pro running back Brian Westbrook broke two ribs in the Eagles' 23-17 loss to Washington on Sunday, though he kept playing and finished the game. Westbrook missed one game this season with an ankle injury, but it's too early to know if his latest injury will keep him out of Sunday's game at San Francisco.

Mon, 06 Oct 2008 17:45:43 PDT

Current News Today

Fed creates facility to buy commercial paper (Reuters)

The Federal Reserve Building is reflected on a car in Washington September 16, 2008. (Jim Young/Reuters)

Reuters - The Federal Reserve on Tuesday said it would begin buying the short-term debt many companies use to fund their day-to-day operations, its latest emergency move to try to restore credit flows and protect the economy.

Tue, 07 Oct 2008 16:25:18 GMT

Fed joins global scramble to contain credit crisis (Reuters)

A trader talks on the phone in front of monitors on the trading floor of Daiwa Securities SMBC Co. in Tokyo October 7, 2008. (Yuriko Nakao/Reuters)

Reuters - Countries scrambled to slow the growing global financial crisis on Tuesday and Wall Street braced for the day after a massive sell-off, nervous about corporate earnings and hoping Fed Chairman Ben Bernanke might offer a ray of hope.

Tue, 07 Oct 2008 16:52:37 GMT

AIG had warnings on risk: lawmaker (Reuters)

Former AIG CEO Martin Sullivan (C) listens at the House Oversight and Government Reform Committee hearing on the cause and effects of the AIG bailout on Capitol Hill, October 7, 2008. (Larry Downing/Reuters)

Reuters - U.S. regulators sent a letter to American International Group Inc in March warning of its lack of transparency and ability to oversee its financial products, a top Democratic lawmaker said on Tuesday.

Tue, 07 Oct 2008 16:53:47 GMT

Stocks drop as credit concerns weigh (Reuters)

A trader works on the floor of the New York Stock Exchange, October 7, 2008. U.S. stocks opened higher on Tuesday after the Federal Reserve moved to unclog the commercial paper market, which is widely used to fund day-to-day business by companies. (Brendan McDermid/Reuters)

Reuters - Stocks slid on Tuesday as a move by the Federal Reserve to shore up the commercial paper market failed to stem fears about the widening fallout from the credit crisis.

Tue, 07 Oct 2008 16:55:47 GMT

Current News Today

Iran says it forced down Western plane (AP)

Iran's Mig-29 fighter jets fly during the annual army day military parade in Tehran in April 2008. Iran has said that an aircraft forced down in its territory was a Hungarian aid plane with no Americans aboard, contradicting earlier reports it was carrying US soldiers.(AFP/File/Behrouz Mehri)

AP - Iranian news reports claimed Tuesday that Iran forced down a Western aircraft that accidentally entered its airspace, then allowed the plane to continue to Afghanistan after questioning its passengers.

Tue, 07 Oct 2008 16:36:20 GMT

Drug companies: No cold medicines for kids under 4 (AP)

PediaCare Infant Dropper Long-Acting Cough, second from right, and PediaCare Infant Dropper Decongestant & Cough, second from left, are displayed at a drug store in Palo Alto, Calif., in this file photo from Oct. 11, 2007. (AP Photo/Paul Sakuma)

AP - Children under 4 should not be given over-the-counter cough and cold remedies, drug companies said Tuesday in a concession to pediatricians who doubt the drugs do much good and worry about risks.

Tue, 07 Oct 2008 16:03:52 GMT

Stocks fluctuate after Fed corporate debt plan (AP)

Trader Luis Silk, right, works with other traders on the New York Stock Exchange floor, Tuesday, Oct. 7, 2008. (AP Photo/Richard Drew)

AP - Stocks fell in quiet trading Tuesday as enthusiasm over the Federal Reserve's latest efforts to inject frozen credit markets with a dose of much-needed confidence gave way to concerns about the balance sheets of some financial companies. Trading remained fractious, and the major indexes alternated between gains and losses a day after the market suffered another huge drop.

Tue, 07 Oct 2008 16:45:19 GMT

Nepal appoints 3-year-old as new living goddess (AP)

Matani Shakya, 3, newly appointed 'kumari,' or living goddess in Nepal, looks on as farewell rituals are performed before taking her to kumari house in Katmandu, Nepal, Tuesday, Oct. 7, 2008. Selected between the ages of 2 and 4, living goddesses are worshipped by both Hindus and Buddhists. Devotees touch the girls' feet with their foreheads, the highest sign of respect among Hindus in Nepal. During religious festivals the girls are wheeled around on a chariot pulled by devotees. (AP Photo/Binod Joshi)

AP - Hindu and Buddhist priests chanted sacred hymns and cascaded flowers and grains of rice over a 3-year-old girl who was appointed a living goddess in Nepal on Tuesday.

Tue, 07 Oct 2008 13:59:45 GMT