Reuters - Two bombs exploded in a market in the northwestern Pakistani city of Peshawar on Thursday, killing six people, and gunmen on rooftops ambushed police as they arrived at the scene.
Reuters - General Motors Corp appeared to clear a major hurdle on its way to filing the kind of bankruptcy it favors on Thursday by persuading major bondholders to accept a sweetened deal -- even as talks over the carmaker's Opel unit stalled.
AP - Roger Federer survived a tough match on his least favorite surface Thursday, rallying from a 5-1 deficit in the third set to beat Jose Acasuso 7-6 (8), 5-7, 7-6 (2), 6-2 in the second round of the French Open.
AP - Microsoft Corp. is rolling out a redesigned search site in the coming days and hopes it will lure more Web surfers than the two most recent incarnations, Live Search and MSN Search. -- read full article
Thu, 28 May 2009 18:49:14 GMT - Yahoo! News: Top Stories
AP - Time Warner Inc. is dumping AOL after spending nearly a decade trying to build a new-age media empire only to wind up in a weaker position than when the marriage began.
AP - A powerful earthquake toppled more than two dozen homes in Honduras and Belize early Thursday, killing at least four people and injuring 40 as terrified residents spilled from their homes across much of Central America.
AP - The battle is on between conservative and liberal interest groups to define little-known federal judge Sonia Sotomayor before senators away from the capital on a weeklong break return to weigh in on the fate of the woman who would be the Supreme Court's first Hispanic.
AP - The tally of newly laid-off people requesting jobless benefits fell last week, the government said Thursday, a sign that companies are cutting fewer workers. -- read full article
Thu, 28 May 2009 17:03:59 GMT - Yahoo! News: Top Stories
AP - The U.S. and South Korea put their military forces on high alert Thursday after North Korea renounced the truce keeping the peace between the two Koreas since 1953.
AP - A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest until the end of next year, the Mortgage Bankers Association said Thursday.
AP - General Motors Corp. said Thursday a committee of bondholders has agreed to a sweetened deal proposed by the U.S. government to erase the automaker's unsecured debt in exchange for company stock.
AFP - Talks over the sale of General Motors' European operations acrimoniously collapsed Thursday throwing up a new obstacle to the US auto giant's efforts to avoid bankruptcy.
AFP - South Korean and US troops went on higher alert after North Korea threatened an attack on the South and Washington stressed its determination to defend its ally.
Reuters - The global economic downturn has aggravated human rights violations and distracted attention from abuses, Amnesty International said on Thursday. -- read full article
Thu, 28 May 2009 04:17:23 GMT - Yahoo! News: Top Stories