Reuters - The U.S. Senate was expected to
approve a massive housing market rescue bill on Saturday and
President George W. Bush was ready to sign it soon, amid
questions about how much it will help.
Reuters - U.S. regulators took over two banks
on Friday and sold them to Mutual of Omaha Bank, the sixth and
seventh bank failures this year as financial institutions
struggle with a housing bust and credit crunch. -- read full article
Reuters - Presidential candidate Barack Obama, on
a tour abroad where he has got a rock star reception, will wrap
up his trip on Saturday with talks in London on the Middle East
conflict, Iran and Afghanistan.
AP - Joba Chamberlain dominated the Boston Red Sox with his best major league start and the surging New York Yankees moved two games behind their longtime rivals with a 1-0 victory Friday night.
AP - Halle Berry said a paparazzi went too far to get a shot of her infant daughter, alleging that the shooter trespassed on her private property and snapped them hanging out in the backyard.
AP - About two months ago, Dr. Kevin Antario Brown was hobnobbing with guests at a celebrity poker tournament at the Playboy Mansion, his disaster-relief medical charity the beneficiary of the lavish event.
AP - To police, Steven Hirschfield was violent and out of control when he clambered aboard a patrol boat sent to rescue him in the San Diego Bay during a gay pride party.
AP - California on Friday became the first state to ban trans fats from restaurant food, following several cities and major fast-food chains in erasing the notorious artery-clogger from menus.
AP - The 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California, were closed Friday by federal regulators.
AP - Australian investigators on Saturday began examining a Qantas jumbo jet which had to make an emergency landing after a large hole opened on its fuselage, a Philippine aviation official said.
AP - Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.
AP - Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.
AFP - A deadline loomed Friday for Radovan Karadzic to appeal his transfer to the UN war crimes tribunal, as more details emerged about his life on the run and his assets came under threat of confiscation.
AFP - Barack Obama travelled to Paris Friday to tell President Nicolas Sarkozy that Americans have an "enormous fondness" for the French and to thank him for sending more troops to Afghanistan.
