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This edition was generated on Thu Oct 2 08:45:01 EDT 2008
WASHINGTON - House members are getting another chance to vote on a bill many would like to avoid: a massive financial rescue that has infuriated millions but is being promoted as critically needed to stave off a deep recession.
NEW YORK - U.S. stock futures are moving lower after weekly unemployment claims rose to a seven-year high last week rather than declining as forecast.
WASHINGTON - With a new cold season coming, the government is trying once more to decide what to do about over-the-counter medicines for kids' coughs and sniffles. Doctors question the drugs' benefits and worry about their risks.
LOS ANGELES - The Screen Actors Guild's negotiating committee voted Wednesday to support a strike authorization vote, a tactic meant to break stalled contract talks with Hollywood studios.
MONTERREY, Mexico - The world's most obese man is getting hitched. Manuel Uribe says he will wed longtime girlfriend Claudia Solis on Oct. 26 in Monterrey, Mexico. The two will be married in a civil ceremony at a location still to be decided.
ANAHEIM, Calif. - The Boston Red Sox, the Philadelphia Phillies and the Los Angeles Dodgers all won their baseball playoff openers yesterday.
HONG KONG/LONDON (Reuters) - Shockwaves from the global credit crisis spread on Thursday threatening industry and jobs worldwide and putting pressure on the U.S. Congress to pass a $700 billion bailout of the American financial sector.
ST. LOUIS (Reuters) - Republican Sarah Palin and Democrat Joe Biden share the same stage in a vice presidential debate on Thursday, but the spotlight will be on the untested Palin as she tries to ease doubts about whether she is up to the job.
SEOUL (Reuters) - A senior U.S. envoy extended talks in North Korea on Thursday in a bid to save a troubled disarmament pact and convince secretive Pyongyang not to restart a nuclear plant that makes arms-grade plutonium.
WASHINGTON (Reuters) - The Congress has approved a landmark deal ending a three-decade ban on U.S. nuclear trade with India, unleashing billions of dollars of investment and drawing the world's biggest democracy closer to the West.
TOKYO (Reuters) - Federal Reserve officials are weighing further interest rate cuts, even if Congress approves a $700 billion financial industry bailout, because of a worsening economic outlook, the Wall Street Journal said on Thursday. A rate cut is still far from certain, partly because of inflation worries, the WSJ said in an unsourced report on its website.
PRINCETON, NJ (Reuters) - U.S. military raids against militants inside Pakistan threaten to hurt progress being made against them by Pakistani forces and are an intrusion on Pakistan's sovereignty, the country's new foreign minister said on Wednesday.
WASHINGTON (Reuters) - A growing proportion of U.S. voters question Republican vice presidential nominee Sarah Palin's readiness for the job, according to a national opinion poll reported by The Washington Post on Thursday.
HELSINKI (Reuters) - The world's top mobile phone maker Nokia will launch its free music package on Thursday, which analysts see posing a serious threat to Apple's dominance in the digital music business.
WASHINGTON (AFP) - The US Senate passed a new 700-billion-dollar bailout of the debt-stricken financial system but European leaders agonised Thursday over a proposed emergency fund for ailing banks and money markets.
BAGHDAD (AFP) - Twin suicide bombings near Shiite mosques in Iraq's capital on Thursday killed at least 20 people as worshippers celebrated Al-Fitr feast which follows the Muslim holy month of Ramadan, officials said.
ST. LOUIS, Missouri (AFP) - Americans of both political parties waited nervously for Thursday's hotly-anticipated debate between their picks for vice-president, seen as a crucial test for Republican Sarah Palin and no sure bet for Democrat Joe Biden.
BEIJING (AFP) - China has recalled milk powder sold abroad, a diplomatic source said Thursday, as it continues moves to contain the scandal over tainted milk that has sickened thousands of children.
LONDON (AFP) - Cannabis is less harmful than alcohol or tobacco, according to a report by a research charity Thursday, which called for a "serious rethink" of drug policy.
FRANKFURT (AFP) - The European Central Bank kept its main lending rate steady at 4.25 percent Thursday despite growing pressure from the international banking crisis and slumping eurozone economies.
LONDON (AFP) - The euro on Thursday fell to the lowest point against the dollar for more than 12 months after US senators backed a huge plan to bail out US banks and before the ECB's latest decision on interest rates.
SYDNEY (Reuters Life!) - Grandparents play a critical role in their grandchildren's lives, helping boost their development even through simple activities such as reading to them or going shopping together, an Australian study said.
New York - Lloyd Blankfein, chairman of Goldman Sachs, made $73.7 million last year. James "Jamie" Dimon, chairman of J.P. Morgan Chase, had to make do with $57.2 million, reported Forbes magazine.
SEOUL (Reuters) - South Korea plans to help obese children pay for health club membership and other activities that can help them lose weight, an official said on Wednesday.
ANAHEIM, Calif. - No matter how much the Los Angeles Angels dominate Boston in the regular season, the Red Sox roll in October.
WASHINGTON - House members are getting another chance to vote on a bill many would like to avoid: a massive financial rescue that has infuriated millions but is being promoted as critically needed to stave off a deep recession.