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    Oil briefly hits record above $147, pulls back (Reuters)

    A motorist holding a fuel pump at a petrol station. Oil prices rose further amid tensions over crude producer Iran and at the end of an extremely volatile week of trading.(AFP/File/Behrouz Mehri)Reuters - Oil prices jumped $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week.


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    Fri, 11 Jul 2008 18:55:43 GMT - Yahoo! News: Top Stories
    Lebanon forms unity government with Hezbollah (Reuters)

    Lebanon's President Michel Suleiman (L) meets Parliament Speaker Nabih Berri (C) and Prime Minister Fouad Siniora at the presidential palace in Baabda, east of Beirut July 11, 2008. . REUTERS/Mohamed AzakirReuters - Lebanon ended weeks of wrangling on Friday and formed a unity government in which Hezbollah and its allies hold effective veto power, as agreed under a deal that ended a paralyzing political conflict in the country.


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    Fri, 11 Jul 2008 16:03:43 GMT - Yahoo! News: Top Stories
    No imminent government bailout for Fannie, Freddie (Reuters)
    Reuters - Fear spread on Friday that the U.S. housing crisis would drag down the nation's major mortgage finance agencies, and the government offered no hint that it would swiftly step in to help. -- read full article
    Fri, 11 Jul 2008 16:56:57 GMT - Yahoo! News: Top Stories
    Olympic swimmer Shanteau has testicular cancer (AP)

    In this March 29, 2007 file photo, USA's Eric Shanteau competes during the men's 200m Breaststroke heat at the World Swimming Championships in Melbourne, Australia. Shanteau is heading to Beijing with a devastating diagnosis: He has testicular cancer. (AP Photo/Mark Baker, File)AP - Olympic swimmer Eric Shanteau is heading to Beijing with a startling diagnosis: He has cancer.


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    Fri, 11 Jul 2008 18:13:28 GMT - Yahoo! News: Top Stories
    Dog meat off the menu during Beijing Olympics (AP)

    In this Nov. 20, 2003 file picture, a man uses chopsticks to eat noodles at a restaurant in Beijing, China. Dog meat has been struck from the menus of officially designated Olympic restaurants and Beijing tourism officials are telling other outlets to discourage consumers from ordering dishes made from dog meat, the official Xinhua News Agency reported Friday July 11, 2008.  (AP Photo)AP - Canine cuisine is being sent to the doghouse during next month's Beijing Olympic Games.


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    Fri, 11 Jul 2008 15:17:16 GMT - Yahoo! News: Top Stories
    Hollywood producers say SAG rejects contract offer (AP)

    Screen Actors Guild (SAG) members and supporters hold a solidarity rally regarding contract negotiations outside the SAG National Headquarters, on June 9, in Los Angeles, California. US production studios warned Monday that Hollywood's entertainment industry AP - Unable for weeks to agree on terms for a new contract, Hollywood studios and the Screen Actors Guild have now found themselves unable to agree on whether negotiations will continue.


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    Fri, 11 Jul 2008 17:05:37 GMT - Yahoo! News: Top Stories
    Software problems bug Apple's launch of new iPhone (AP)

    The new Apple iPhone 3G is on display at the Apple Store, Fifth Avenue, in midtown Manhattan in New York City. Crowds of gadget lovers worldwide are purchasing the device following aggressive promotions.(AFP/Getty Images/Mario Tama)AP - The launch of Apple Inc.'s much-anticipated new iPhone turned into an information-technology meltdown on Friday, as customers were unable to get their phones working.


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    Fri, 11 Jul 2008 18:51:35 GMT - Yahoo! News: Top Stories
    Bodies of 2 missing US soldiers are found in Iraq (AP)

    In an undated  file photo released by Sgt. Michael Morse,  Pvt. Byron W. Fouty, 19, of Waterford, Mich.,  of Delta Company, 4th Battalion, 31st Infantry Regiment is seen in Quarghuli village near Youssifiyah, 12 miles (20 kilometers) south of Baghdad, Iraq.   The bodies of Fouty and Army Sgt. Alex Jimenez, missing in Iraq for more than a year have been found, their families said Thursday night July 9, 2008.   (AP Photo/ Sgt. Michael Morse, HO/FILE)AP - For more than a year, Gordon Dibler held out hope that his stepson, Army Pvt. Byron W. Fouty, would return home from Iraq. Then military officials delivered the grim news that the bodies of Fouty and another soldier captured in an ambush south of Baghdad had been found.


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    Fri, 11 Jul 2008 17:59:07 GMT - Yahoo! News: Top Stories
    Sudan president expected to face war crime charges (AP)

    The Washington Post has reported that the International Criminal Court plans to seek an arrest warrant for Sudanese President Omar al-Bashir, seen here in 2007, for genocide and crimes against humanity in Darfur.(AFP/File/Isam al-Haj)AP - U.N. officials and diplomats said the chief prosecutor of the International Criminal Court will seek an arrest warrant Monday charging Sudanese President Omar al-Bashir with crimes against humanity and genocide in Darfur.


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    Fri, 11 Jul 2008 18:13:30 GMT - Yahoo! News: Top Stories
    Calmer weather slows fires in Calif., Wash. (AP)

    Firefighters watch a wildfire burn the mountainside across the canyon from Country Club Drive in Paradise, Calif., Thursday evening July 10, 2008. Firefighters battling the raging wildfire in the Sierra Nevada foothills caught a break early Friday when strong winds they expected did not immediately materialize. (AP Photo/Chico Enterprise-Record, Bill Husa)AP - Firefighters battling a raging wildfire in the Sierra Nevada foothills of California caught a break early Friday when strong winds they expected did not immediately materialize. Residents in Washington state's Spokane Valley fled a fire that destroyed seven houses.


    -- read full article
    Fri, 11 Jul 2008 17:44:47 GMT - Yahoo! News: Top Stories
    Obama dismisses conservative criticism (AP)

    Democratic presidential candidate, Sen. Barack Obama, D-Ill., listens to a question from the audience during a town hall-style meeting in Dayton, Ohio, Friday, July 11, 2008. (AP Photo/Jae C. Hong)AP - Democrat Barack Obama batted away conservative criticism Friday over a comment he made about Americans' lack of foreign language skills.


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    Fri, 11 Jul 2008 18:17:14 GMT - Yahoo! News: Top Stories
    Hezbollah gets veto power in Lebanese government (AP)

    Lebanon's Prime Minister Fuad Saniora gestures during a press conference at the Presidential Palace in suburban Baabda, Lebanon, Friday, July 11, 2008. Saniora formed Friday a national unity Cabinet in which Hezbollah and its opposition allies have veto power over government decisions. (AP Photo/Mahmoud Tawil)AP - Lebanon's prime minister has formed a national unity Cabinet in which Hezbollah and its allies have veto power over government decisions.


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    Fri, 11 Jul 2008 18:31:56 GMT - Yahoo! News: Top Stories
    Dow drops below 11,000 for 1st time in 2 years (AP)

    In this May 2, 2007 file photo showing the Fannie Mae building in Washington. Fannie and Freddie each fell more than 40 percent Friday, July 11, 2008, on growing speculation that a government bailout is needed. A collapse of the two financiers would cause further shock to the financial system, and trigger more losses to banks and brokerages with significant holdings of mortgage-backed securities. (AP Photo/Manuel Balce Ceneta, file)AP - Wall Street sank further into a bear market Friday, as investors dumped stocks on troubles at mortgage companies Fannie Mae and Freddie Mac and oil's continuing climb into record territory. The Dow Jones industrials slid below the 11,000 mark for the first time in two years before paring their losses.


    -- read full article
    Fri, 11 Jul 2008 18:54:39 GMT - Yahoo! News: Top Stories
    China jails 42 over Tibet unrest, others on trial: state media (AFP)

    A Chinese paramililtary policeman stands guard in front of the Potala palace in Lhasa in mid June. China has jailed 42 people for their roles in this year's unrest in Tibet, with more than 100 others still on trial who may face the death penalty(AFP/File/Teh Eng Koon)AFP - China has jailed 42 people for their roles in this year's unrest in Tibet, with more than 100 others still on trial who may face the death penalty, state press reported on Friday.


    -- read full article
    Fri, 11 Jul 2008 03:57:59 GMT - Yahoo! News: Top Stories
    South Korean tourist killed in North Korea (AFP)

    North Korean soldiers march at the truce village of Panmunjom dividing two Koreas in early June. Soldiers in North Korea have shot dead a female South Korean tourist who was visiting a resort in the communist state(AFP/File/Jung Yeon-Je)AFP - North Korean soldiers shot dead a tourist from South Korea on Friday, casting a shadow over an offer of talks from the South's new leader to help ease tensions across the world's last Cold War frontier.


    -- read full article
    Fri, 11 Jul 2008 08:42:37 GMT - Yahoo! News: Top Stories
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