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1. The Dow was ending the week on a rather sour note. Traders push the index down more than 300 points today as investors appear to be betting on a long and deep recession. Stocks overseas were also down sharply. 2. Republican vice presidential cand
1. Actor Paul Newman has died at the age of 83. His publicist says he died yesterday at his farmhouse near Westport, Connecticut after a long battle with cancer. Newman was a ten-time Oscar nominee, winning once for the Color of Money in 1987. 2. Co
1. Republican presidential nominee John McCain says he will stop campaigning tomorrow so he can return to Washington and focus on the country's economic crisis. He's also calling on his staff to work with Barack Obama's campaign so they can delay th
1. A key Democrat in Congress says President Bush has agreed to strong congressional oversight and mortgage aid as part of the 700-billion-dollar bailout plan. An administration official says there's an agreement to prevent foreclosures on mortgages
1. Illinois police are still searching for the seven-year-old nephew of Oscar-winning actress Jennifer Hudson. An AMBER Alert was issued for him after Hudson's mother and brother were found slain. Police have a suspect in custody. 2. In a scramble t
1 Florida authorities have let an evacuation order for the Florida Keys expire. Forecasters say it is still too early to tell where the storm is headed. Gulf Coast officials are watching Ike's path, which is projected to head into the central Gulf t
1. President Bush says the financial markets are adjusting to the extraordinary measures the government has taken to stabilize the economy. He did not specify what additional steps the government might take. But Bush cancelled his travel plans for t
1. The Bush administration and Congress are working through the weekend to hammer out a Wall Street rescue plan. President Bush is asking lawmakers to let the government buy 700 billion dollars in bad mortgages from US financial institutions for the
1. Stocks close sharply lower as investors worry that the economy is poised to weaken even as frozen credit markets slowly start to show signs of recovery. The Dow Jones Industrials ended down 515 points after being down nearly 700 points in the fin
1. Authorities in Nevada call off a nationwide AMBER Alert for missing six-year-old Cole Puffinburger, but the search continues. Police believe Mexican drug dealers are responsible for the abduction meant to send a message to the boy's grandfather w
1. Former Secretary of State Colin Powell, a Republican, is endorsing Democrat Barack Obama for president. Powell says both Barack Obama and John McCain are qualified, but thinks Obama can be a transformational figure. Powell also says he questions
This is AP News Minute. I. The FAA says its investigating four US airlines for failing to comply with federation aviation regulations. The agency has not named the airlines but says an audit shows three of the carriers missed inspection deadlines wh
This is AP News Minute. I. The battle continues in the southern Iraq city of Basra. Iraqi Prime Minister Nuri al-Maliki has traveled to the city where Iraqi forces are fighting Shiite militiamen. Al-Maliki has ordered the fighting to stop by today,
1.Tropical Storm Hanna is closing in on the Carolina coast with top sustained winds of 70 miles an hour. The forecast calls for Hanna to make landfall early Saturday morning, then marching up the Atlantic seaboard, dumping inches of rain. 2.Republic
1. Hurricane Ike sent waves crashing over a seawall as it steamed toward Texas Friday. The powerful storm is threatening to devastate coastal towns and batter America's fourth largest city. Ike's eye was forecast to strike near Galveston late tonigh
1. Hundreds of thousands of people are evacuating the Southeast Texas Gulf Coast. Forecasters say Hurricane Ike could grow into a Category 4 before it makes landfall. It could reach the coast by late Friday. 2. Ceremonies in New York, at the Pentago
1. Senator John McCain takes to the stage in St.Paul, Minnesota tonight, accepting the Republican Party nomination for president. He is expected to discuss his military service and differences with Democratic rival Barack Obama. 2. The Atlantic Coas
1. Republican presidential candidate John McCain greeted his running mate and her family at the Minneapolis-St. Paul Airport this afternoon. Alaska Governor Sarah Palin is getting ready for what could be the biggest night of her life. Palin will add
1. Wall Street closes to modest losses as investors wait for a Senate vote on helping out the financial market. The Dow was down more than 200 points early but recovered to a loss of 19 points. 2. In Washington, high hopes that revised financial res
1. Treasury Secretary Henry Paulson is warning against isolationism and protectionism in the midst of the world financial crisis. He spoke at a meeting of the World Bank's policy-setting committee in Washington on how to deal with the meltdown. 2. E