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This edition was generated on Thu Oct 2 08:45:01 EDT 2008

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

House girds for second try on financial rescue
AP - 55 minutes ago

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.

  • A man passes the New York Stock Exchange early Thursday, Oct. 2, 2008 in New York. World stock markets were mixed Thursday as broader concerns about a global slowdown dampened relief over the U.S. Senate's passage of the $700 billion bank rescue package. (AP Photo/Mark Lennihan)
    Stock futures weaken as unemployment claims rise AP - 4 minutes ago

    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.

  • FDA urged to recall cold medicines for youngsters AP - 56 minutes ago

    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.

  • Actors union moves closer to strike vote AP - 57 minutes ago

    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.

  • In this June 9, 2008 file photo, Manuel 'Meme' Uribe, 42, kisses his girlfriend Claudia Solis during an interview with the Associated Press, in Monterrey, Mexico. Uribe says he will wed longtime Solis on Oct. 26, 2008 in Monterrey. (AP Photo/Monica Rueda).
    World's heaviest man is getting married AP - 59 minutes ago

    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.

  • Boston Red Sox's Jason Bay hits a two-run home run off Los Angeles Angels starting pitcher John Lackey during the sixth inning of Game 1 of baseball's American League division series in Anaheim, Calif., Wednesday, Oct. 1, 2008. Angels catcher Mike Napoli and umpire Tim Welke are in the foreground. (AP Photo/Mark Terrill)
    Red Sox, Phillies, Dodgers win playoff openers AP - 1 hour, 1 minute ago

    ANAHEIM, Calif. - The Boston Red Sox, the Philadelphia Phillies and the Los Angeles Dodgers all won their baseball playoff openers yesterday.

  • The floor of the U.S. Senate chamber is pictured in this video grab after senators voted on the Dodd (U.S. Senate Banking Committee Chairman Chris Dodd, (D-CT) amendment to the $700 billion financial rescue package on Capitol Hill in Washington October 1, 2008. (U.S. Senate TV/Handout/Reuters)
    Senate endorses bailout as economy stutters Reuters - 8 minutes ago

    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.

  • Republican vice presidential nominee Alaska Gov. Sarah Palin (R) prepares for her vice presidential debate at the ranch of running mate Senator John McCain (not shown), in Sedona, Arizona, September 30, 2008. (McCain-Palin Campaign/Handout/Reuters)
    All eyes on Palin in VP debate Reuters - 32 minutes ago

    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.

  • South Korea's top military delegate Lee Sang-cheol (R) shakes hands with his North Korean counterpart Park Lim-soo during the working-level military talks at the south side of the truce village of Panmunjom in the demilitarized zone separating the two Koreas, about 55km (31 miles) north of Seoul, October 2, 2008. (Jin Sung-chul/Yonhap/Reuters)
    U.S. envoy extends bid to save N.Korea nuclear deal Reuters - 30 minutes ago

    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.

  • The dome of the Capitol in Washington, October 1, 2008. (Brian Snyder/Reuters)
    Congress approves Indian nuclear deal Reuters - 10 minutes ago

    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.

  • A trader works on the floor of the New York Stock Exchange, September 30, 2008. (Brendan McDermid/Reuters)
    Fed officials considering further rate cuts: report Reuters - Thu Oct 2, 3:51 AM ET

    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.

  • Pakistan foreign minister Shah Mahmood Qureshi speaks at Princeton University's Woodrow Wilson School of Public and International Affairs in Princeton, N.J.,  Wednesday, Oct. 1, 2008, night about transition in Pakistan and its impact on modern terrorism. (AP Photo/Mike Derer)
    U.S. raids hurt terrorism fight: Pakistan minister Reuters - Thu Oct 2, 3:15 AM ET

    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.

  • Republican vice-presidential nominee Alaska Governor Sarah Palin greets supporters at a campaign rally with Republican presidential nominee Senator John McCain in Columbus, Ohio, September 29, 2008. (Brian Snyder/Reuters)
    Poll finds growing skepticism of Palin experience Reuters - 1 hour, 47 minutes ago

    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.

  • The Nokia stand at the 3GSM World Congress in central Barcelona February 13, 2007. (Gustau Nacarino/Reuters)
    Nokia to take on Apple in music, touch-screen phones Reuters - Thu Oct 2, 2:00 AM ET

    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.

  • Graphic showing the main points of the revised 700-billion-dollar Wall Street bailout plan. The US Senate has resoundingly passed a sweetened 700-billion-dollar Wall Street bailout, spurring hopes the House of Representatives would follow suit after killing an earlier bid to avert a world financial meltdown.(AFP/Graphic)
    Senate passes finance bailout, Europe agonizes over rescue AFP - 55 minutes ago

    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.

  • Iraqis gather near the site of a suicide bomb at Baghdad's Al-Jadida neighborhood. Twin suicide bombings near Shiite mosques in Iraq's capital killed at least 20 people as worshippers celebrated Al-Fitr feast which follows the Muslim holy month of Ramadan.(AFP/Ahmad al-Rubaye)
    Iraq attacks kill 26 as Shiites mark Eid AFP - Thu Oct 2, 5:11 AM ET

    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.

  • Sarah Palin, running mate of Republican presidential nominee, John McCain, speaks during a campaign rally at Capital University in September. Mounting questions were raised about Palin as she went into the most anticipated vice presidential debate ever.(AFP/Getty Images/File/Mark Lyons)
    All eyes turn to Palin v Biden vice-presidential debate AFP - 1 hour, 22 minutes ago

    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.

  • An elderly Chinese woman watches over her grandchild at a hospital in Wuhan, central China in September. The child was hospitalised after drinking contaminated milk powder. China has recalled milk powder sold abroad, a diplomatic source said, as it continues moves to contain the scandal over tainted milk that has sickened thousands of children.(AFP/File)
    China recalls milk powder amid health scandal: diplomatic source AFP - 45 minutes ago

    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.

  • A man smokes a joint. Cannabis is less harmful than alcohol or tobacco, according to a report by a research charity, which called for a "serious rethink" of drug policy.(AFP/Getty Images/File/Justin Sullivan)
    Cannabis less harmful than drinking, smoking: report AFP - 1 hour, 56 minutes ago

    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.

  • Pedestrians walk past a giant Euro-logo in front of the European Central Bank (ECB). The bank has kept its key lending rate steady at 4.25 percent despite rising pressure from the global financial crisis and weakening economic growth.(AFP/DDP/File/Torsten Silz)
    ECB keeps rates steady despite banking crisis, weak growth AFP - 33 minutes ago

    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.

  • The euro has fallen to the lowest point against the US currency for more than 12 months, dropping to 1.3856 dollars in early trading as the dollar rose after US senators backed a huge plan to bail out US banks.(AFP/File/Laurent Fievet)
    Euro hits year-low versus dollar AFP - 1 hour, 58 minutes ago

    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.

Most Popular Top Stories

  • Grandparents boost kids' development: Aussie study Reuters - Mon Sep 29, 10:56 PM ET

    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.

  • Goldman Sachs Group CEO Lloyd Blankfein looks on during the World Economic Forum in Davos, January 24, 2008. (Wolfgang Rattay/Reuters)
    Could bailout's pay caps launch Wall Street trend? The Christian Science Monitor - Tue Sep 30, 4:00 AM ET

    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.

  • South Korea pays for gyms for obese children Reuters - Wed Oct 1, 2:15 AM ET

    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.

Sports News

Yahoo! Reuters Headlines-Sports:

Bay's homer sparks Red Sox to 4-1 win over Angels

AP - 2 hours, 23 minutes ago

ANAHEIM, Calif. - No matter how much the Los Angeles Angels dominate Boston in the regular season, the Red Sox roll in October.

Business News

Yahoo! Reuters Headlines-Business:

House girds for 2nd try on financial rescue

AP - 17 minutes ago

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.

Miscellaneous Daily Stuff

Lateshow Top Ten List

Quotes of the Day

Selected from Michael Moncur's Collection of Quotations - October 2, 2008
I thoroughly disapprove of duels. If a man should challenge me, I would take him kindly and forgivingly by the hand and lead him to a quiet place and kill him.
[info][add][mail]
Mark Twain (1835 - 1910)
Today you can go to a gas station and find the cash register open and the toilets locked. They must think toilet paper is worth more than money.
[info][add][mail]
Joey Bishop (1918 - )
My loathings are simple: stupidity, oppression, crime, cruelty, soft music.
[info][add][mail]
Vladimir Nabokov (1899 - 1977)
Statistics: The only science that enables different experts using the same figures to draw different conclusions.
[info][add][mail]
Evan Esar (1899 - 1995), Esar's Comic Dictionary

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