Current News Today
Indian navy sinks suspected pirate "mother" ship
(AP)
 AP - The ship, operating off the coast of Oman in the lawless waters of the Gulf of Aden, was crewed by heavily armed men, some carrying rocket-propelled grenade launchers. Behind it were a pair of speedboats — the sort pirates often use when they launch attacks on merchant ships in these violent seas.
Wed, 19 Nov 2008 20:06:10 GMT
| Gazans cook on wood fires because of power cuts
(AP)
AP - While an Israeli cutoff in fuel shipments has closed down a dozen of his competitors, baker Khalil Awad stays in business thanks to a little creativity and dirty black oil drained from car engines. The cutoff in fuel shipments to the Gaza Strip's sole power plant started a week ago in response to rocket attacks by Palestinian militants.
Thu, 20 Nov 2008 08:04:21 GMT
| Police to end restrictions on ex-Gitmo detainee
(AP)
 AP - Australian police said Thursday they will stop restricting the movements and communications of a former Guantanamo Bay detainee after he broke his long media silence to ask them to let him "get on with" his life.
Thu, 20 Nov 2008 08:10:48 GMT
| Hungry in Zimbabwe: `If you rest, you starve'
(AP)
 AP - Katy Phiri, who is in her 70s, picks up single corn kernels spilled from trucks that ferry the harvest to market. She says she hasn't eaten for three days.
Wed, 19 Nov 2008 21:09:45 GMT
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Current News Today
NFL reinstates Cowboys CB 'Pacman' Jones (AP)
The NFL is giving Adam "Pacman" Jones another chance. Dallas Cowboys owner Jerry Jones said Wednesday the suspended cornerback has been reinstated by league commissioner Roger Goodell, but he must miss two more games -- this Sunday and the following game on Thanksgiving. He'll be back Dec. 7 at Pittsburgh.
Wed, 19 Nov 2008 16:11:01 PST
| Agent: RB James wants release from Cards (AP)
Benched running back Edgerrin James wants the Arizona Cardinals to release him, his agent said Wednesday night. Cardinals general manager Rod Graves said the team declined to even consider such a move. Agent Drew Rosenhaus said he would continue to talk to the Cardinals to try to persuade them to grant James his release.
Wed, 19 Nov 2008 22:52:45 PST
| Pistons end Cavaliers' 8-game win streak (AP)
The Detroit Pistons are starting to show their potential with Allen Iverson, beating two of the NBA's best teams in less than a week. Iverson scored 23 points, and Rasheed Wallace had 10 of his 21 points during a fourth-quarter surge that gave Detroit a 96-89 victory over Cleveland on Wednesday night that ended the Cavaliers' eight-game winning streak.
Wed, 19 Nov 2008 20:20:28 PST
| Mariners hire Wakamatsu as manager (AP)
Don Wakamatsu is proud to be the first Asian-American manager in major league history. He's also keenly aware of what his grandparents endured, generations before he took over the Seattle Mariners. During World War II, the United States government moved his Japanese ancestors across the country from one internment camp to another.
Wed, 19 Nov 2008 18:00:38 PST
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Current News Today
Global stocks hit 5-1/2 year lows
(Reuters)
 Reuters - A 6 percent fall in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell below $53 and safe havens such as the yen gained on fears the global recession and a financial crisis will get uglier.
Thu, 20 Nov 2008 07:31:41 GMT
| Financials need at least $1 trillion: analyst
(Reuters)
 Reuters - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.
Thu, 20 Nov 2008 06:45:03 GMT
| Prospect for auto bailout dims
(Reuters)
 Reuters - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
Thu, 20 Nov 2008 08:42:52 GMT
| Banks back mandatory CDS clearing: report
(Reuters)
Reuters - Some of the world's top banks are backing a proposal to develop a mandatory central clearing system for the $55 trillion credit default swap (CDS) market, a report in the Financial Times said on Thursday. Dealer banks are stepping up efforts to back CDS clearing to head off a more radical overhaul, which includes a proposal to move trading of over-the-counter CDS on to an exchange, the report said, citing an internal Morgan Stanley email.
Thu, 20 Nov 2008 08:27:37 GMT
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Current News Today
Somali pirates hijack Thai fishing boat, 16 crew
(AP)
AP - Separate bands of pirates hijacked two ships and captured their crews, while yet another opened fire on an Indian navy ship before being driven off — clear signs that the brigands roaming the Gulf of Aden are becoming bolder and more violent, officials said Wednesday.
Wed, 19 Nov 2008 09:56:09 GMT
| Clump of dark matter may loom near solar system
(Reuters)
 Reuters - A balloon-borne instrument soaring high over Antarctica has found evidence of a possible large clump of mysterious so-called dark matter relatively close to our solar system, scientists said on Wednesday.
Wed, 19 Nov 2008 21:25:20 GMT
| Arizonan will head Homeland Security
(Politico)
 Politico - Arizona Gov. Janet Napolitano (D) has been chosen to serve as secretary of the vast and troubled Department of Homeland Security for President-elect Obama, Democratic officials said. Napolitano is a border governor who will now be responsible for immigration policy and border security, which are part of Homeland Security’s myriad functions.
Thu, 20 Nov 2008 04:18:00 GMT
| Arraignment set for Cheney, Gonzales in Texas
(AP)
 AP - A Texas judge has set a Friday arraignment for Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others named in indictments accusing them of responsibility for prisoner abuse in a federal detention center.
Thu, 20 Nov 2008 05:20:36 GMT
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