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This edition was generated on Fri Nov 14 08:45:01 EST 2008
WASHINGTON - Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.
WASHINGTON - All aboard, there may be another bailout train leaving the station on Capitol Hill. Talk of a $25 billion emergency loan package for the Big Three carmakers that could see a vote in a postelection session of Congress next week has a wave of business lobbyists clamoring for action and a slice of the pie.
DALLAS - Federal authorities have compromised the rights and safety of some unaccompanied illegal immigrant children they have detained, and inadequate government guidelines are partly to blame, according to a Texas-based research group.
WASHINGTON - Earth seems to have its first fuzzy photos of alien planets outside our solar system, images captured by two teams of astronomers. The pictures show four likely planets that appear as specks of white, nearly indecipherable except to the most eagle-eyed experts. All are trillions of miles away three of them orbiting the same star, and the fourth circling a different star.
HOUSTON - On a night when the theme of change and cultural fusion echoed in lyrics, performances and acceptance speeches, a Colombian rocker who's become a voice for social issues walked away as king of the Latin Grammys.
FOXBOROUGH, Mass. - The New York Jets stand alone atop the tight AFC East standings barely.
LONDON (Reuters) - World leaders headed to Washington on Friday to try to find ways to tackle a global economic crisis that has plunged much of Europe into its first recession since the euro currency was formed.
WASHINGTON (Reuters) - As world leaders headed to Washington for a weekend summit on the global financial crisis, the United States made a pitch for modest reforms instead of the stiffer regulation that some European countries favor.
(Reuters) - A Chapter 11 restructuring bid by one of the three top U.S. automakers is unlikely to succeed due to the damaged economy and frozen credit markets, and may even result in the company folding, billionaire investor Wilbur Ross told Bloomberg in an interview.
CHICAGO (Reuters) - Sen. Hillary Clinton emerged on Thursday as a candidate to be U.S. secretary of state for Barack Obama, months after he defeated her in an intense contest for the Democratic presidential nomination.
ISLAMABAD (Reuters) - Militants shot and wounded two foreign journalists on the outskirts of Peshawar on Friday, and U.S. missiles killed 12 people in a strike on a Pakistani Taliban commander's stronghold in tribal lands bordering Afghanistan.
LOS ANGELES (Reuters) - A huge wildfire fanned by strong winds destroyed at least 70 multimillion-dollar homes in the celebrity enclave of Montecito, northwest of Los Angeles, officials said.
BRUSSELS (Reuters) - The United States wants to increase the number of countries enjoying visa-free entry after opening the door to citizens from six new European Union countries and South Korea, U.S. officials said Friday.
WASHINGTON (Reuters) - President-elect Barack Obama will have a chance to appoint dozens of sympathetic judges to U.S. federal courts over the next four years, reversing the judiciary's shift to the right under President George W. Bush.
WASHINGTON (AFP) - Deepening recession and divisions over how to tackle the global financial turmoil increased pressure on world leaders Friday ahead of a summit of more than 20 of the richest nations and emerging countries.
BRUSSELS (AFP) - The economy of the 15 nations sharing the euro has slumped into recession for the first time ever, EU data released Friday revealed, with GDP falling 0.2 percent in the second and third quarters.
BAGHDAD (AFP) - All British troops will be out of Iraq by the end of next year, Iraq's national security advisor told AFP Friday.
MOSCOW (AFP) - Russia's parliament on Friday approved constitutional changes extending the length of presidential terms, a move opponents said could lead to the return of Vladimir Putin to the presidency.
LONDON (AFP) - A Scottish court on Friday refused to release the Libyan man jailed over the 1988 Lockerbie bombing, rejecting his appeal to be freed on bail because he has terminal cancer.
VIENNA (AFP) - OPEC announced on Friday it will hold a special meeting in two weeks' time amid pressure within its ranks for a further output cut to bolster falling prices as economic recession spreads.
PARIS (AFP) - Bailed out Franco-Belgian bank Dexia said on Friday it suffered a third-quarter loss of 1.54 billion euros (1.96 billion dollars) owing to the financial crisis.
LOS ANGELES (Reuters Life!) - Thomas Beatie, who was born a woman but lives as a man in Oregon after surgery and hormone treatment, is expecting a second child, Beatie has told Barbara Walters in an interview set to air on television on Friday.
WASHINGTON (Reuters) - A bid by global leaders to push forward plans this weekend to erect a firewall against future financial crises like the one now threatening the world economy will quickly run into tough political realities that will limit progress.
Note to retirees: Don't count on your retiree health insurance from your company. Even if you have the agreement in writing, many retiree health insurance agreements include clauses giving the company the right to modify, suspend, revoke, terminate, or change the program at any time. And for many employers, that time has come.
FOXBOROUGH, Mass. - The New York Jets stand alone atop the tight AFC East standings barely.
WASHINGTON - Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending.