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| GOP governors consider turning down stimulus money (AP)
February 18, 2009 at 8:32 pm
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|  AP - A handful of Republican governors are considering turning down some money from the federal stimulus package, a move opponents say puts conservative ideology ahead of the needs of constituents struggling with record foreclosures and soaring unemployment.
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| Hundreds seek their money as Stanford fallout spreads (Reuters)
February 18, 2009 at 6:49 pm
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|  Reuters - Hundreds of people rushed on Wednesday to withdraw money from banks in Antigua and Venezuela linked to Texas billionaire Allen Stanford, as the fallout from U.S. fraud charges against him rippled across the globe.
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| UBS to pay $780M, open secret Swiss bank records (AP)
February 18, 2009 at 6:22 pm
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|  AP - Banking giant UBS has agreed to pay $780 million and turn over once-secret Swiss banking records to settle allegations it conspired to defraud the U.S. government of taxes owed by big clients.
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| Holder: US a nation of cowards on racial matters (AP)
February 18, 2009 at 6:20 pm
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|  AP - Eric Holder, the nation's first black attorney general, said Wednesday the United States was "a nation of cowards" on matters of race, with most Americans avoiding candid discussions of racial issues. In a speech to Justice Department employees marking Black History Month, Holder said the workplace is largely integrated but Americans still self-segregate on the weekends and in their private lives.
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| Man kills himself in Schuller's Crystal Cathedral (AP)
February 18, 2009 at 6:20 pm
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|  AP - A man shot and killed himself in front of a cross inside televangelist Robert H. Schuller's Crystal Cathedral on Wednesday, police and church officials said. The man handed a note and his driver's license to two ushers, walked to the cross and then shot himself in the head as he appeared to be praying, Senior Pastor Juan Carlos Ortiz said.
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| Owner now says she never gave slain chimp Xanax (AP)
February 18, 2009 at 6:20 pm
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|  AP - As authorities considered criminal charges, the woman whose 200-pound domesticated chimpanzee went berserk and mauled a friend backtracked Wednesday on whether she gave the animal the anti-anxiety drug Xanax. Sandra Herold told The Associated Press on Wednesday that she never gave the drug to her 14-year-old chimp, Travis, who was shot dead by Stamford police Monday after he grievously wounded Herold's friend Charla Nash.
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| Fed downgrades economic forecast for this year (AP)
February 18, 2009 at 6:19 pm
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|  AP - The Federal Reserve on Wednesday sharply downgraded its projections for the country's economic performance this year, predicting the economy will actually shrink and unemployment will rise higher. Under the new projections, the unemployment rate will rise to between 8.5 and 8.8 percent this year. The old forecasts, issued in mid-November, predicted the jobless rate would rise to between 7.1 and 7.6 percent.
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| 'Tough year' ahead in Afghanistan: US general (AFP)
February 18, 2009 at 5:57 pm
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|  AFP - Even with an additional 17,000 troops in Afghanistan, the top US commander there predicted "a tough year" in 2009 and said the fight against insurgents would require a major commitment of up to four years.
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| Geronimo's kin sue Skull and Bones over remains (AP)
February 18, 2009 at 5:36 pm
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|  AP - Geronimo's descendants have sued Skull and Bones — the secret society at Yale University linked to presidents and other powerful figures — claiming that its members stole the remains of the legendary Apache leader decades ago and have kept them ever since.
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| General Electric CEO declines bonus for 2008 (AP)
February 18, 2009 at 5:04 pm
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|  AP - General Electric Co. Chairman and Chief Executive Jeffrey Immelt declined a 2008 bonus and millions of dollars in performance awards, saying Wednesday that the company's falling profits and plummeting share price prompted him to forgo the payments.
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| Stress testing "nationalization" (The Yahoo! Newsroom)
February 18, 2009 at 4:51 pm
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|  The Yahoo! Newsroom - A touchy word has entered the public debate about the future of America’s economy. It’s a word that would shock the nation in normal times, but as even Republicans begin to whisper it, temporary “nationalization” of troubled banks is increasingly seen as our last best hope for fixing our financial system.
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| Bankruptcy remains an option for GM, analysts say (Reuters)
February 18, 2009 at 2:53 pm
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|  Reuters - A government-backed bankruptcy reorganization remains an option for saving General Motors Corp and Chrysler LLC, analysts said on Wednesday, even though the automakers have said they would rather not go down that road.
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| Usher's wife checks out of Brazil hospital (AP)
February 18, 2009 at 2:17 pm
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|  AP - The wife of R&B singer Usher was released from a Sao Paulo hospital after spending 11 days recovering from a cardiac arrest she suffered shortly before undergoing plastic surgery.
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| Police foil bomb attack at Citibank in Athens (AP)
February 18, 2009 at 12:33 pm
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|  AP - Greek police destroyed a car bomb abandoned outside Citibank offices in suburban Athens on Wednesday after a guard called to report the vehicle packed with enough explosives to crumble a four-story building.
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| Home construction drops far more than expected (AP)
February 18, 2009 at 12:19 pm
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|  AP - Construction of new homes and applications for future projects both plunged to record lows in January as all parts of the country showed big declines in building activity.
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| Obama unveils plan for troubled housing market (Reuters)
February 18, 2009 at 12:10 pm
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|  Reuters - President Barack Obama on Wednesday pledged up to $275 billion to help stem a wave of home foreclosures that sparked the U.S. financial meltdown, the next phase in a multi-pronged effort to lift the country out of recession.
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| Pope to US Speaker Pelosi: Reject abortion support (AP)
February 18, 2009 at 10:41 am
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| | AP - Pope Benedict XVI on Wednesday told U.S. Speaker of the House Nancy Pelosi, a Catholic who supports abortion rights, that Catholic politicians have a duty to protect life "at all stages of its development." |
| GM, Chrysler seek billions more, to cut more jobs (AP)
February 18, 2009 at 10:40 am
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|  AP - Billions of dollars in government loans to prop up General Motors and Chrysler won't be enough. The companies, which have received $17.4 billion so far, filed plans with the government more than doubling that request to a staggering total of $39 billion.
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| Goodyear cutting nearly 5,000 jobs after 4Q loss (AP)
February 18, 2009 at 10:27 am
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|  AP - Goodyear Tire & Rubber Co., the biggest U.S. tire maker, said Wednesday the global economic slowdown will force it to cut nearly 5,000 jobs this year after it posted a fourth-quarter loss and revenue sank 21 percent.
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| Brains of Lonely People Work Differently (LiveScience.com)
February 18, 2009 at 9:57 am
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| | LiveScience.com - Lonely people have less activity in a part of the brain that normally lights up in association with reward, scientists have found. It's not clear if social isolation diminishes the brain-reward response, however, or if people with less activity in that part of the brain tend toward loneliness. |
| Clinton looks to boost US image in Asia (AP)
February 18, 2009 at 8:58 am
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|  AP - Secretary of State Hillary Rodham Clinton moved Wednesday to boost U.S. ties with the world's most populous Muslim nation and its neighbors, pledging a new American willingness to work with and listen to Indonesia and the rest of Southeast Asia.
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| Vilsack calls for stricter food labels (AP)
February 18, 2009 at 3:06 am
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|  AP - The Obama administration is throwing out food labeling rules proposed by the Agriculture Department just before George W. Bush left office, saying it wants labels for fresh meat and other foods that would show more clearly where an animal or food came from, according to consumer groups who've been briefed on the issue.
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