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Stimulus Plan Repeals Big Tax Break for Banks

Posted: 01/16/2009 - House Democrats' version of the $825 billion recession rescue package would end billions of dollars in tax breaks the Bush administration quietly gave to banks last fall.

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NV Posts Nation's Top Foreclosure Rate In 2008

Updated: 01/16/2009 - Nevada posted the nation's highest foreclosure rate in 2008, with 7.3 percent of all its housing units receiving at least one foreclosure notice, a report shows.

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Lawyer Bills For TCID Defendants At Issue

Updated: 01/16/2009 - Justice Department lawyers prosecuting a Nevada irrigation district and four employees accused of defrauding the federal government want a judge to determine if farmers are unwittingly footing the bill for the accused's legal defense.

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Treasury, Bank of America Agree on Bailout

Updated: 01/16/2009 - The government has extended a new multibillion-dollar lifeline to one of the country's biggest banks as officials continue to struggle with a serious crisis in the financial system.

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Nevada Beats Boise State

Posted: 01/15/2009 - Armon Johnson scored 25 points and Luke Babbitt added 18 points and 10 rebounds to help Nevada hold off Boise State 77-63 Thursday night.

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Democrats Promise Better, Offer Few Details

Updated: 01/16/2009 - Democrats in the Legislature quickly dismissed Gov. Jim Gibbons proposed budget cuts Thursday as dramatic and damaging to Nevada, but they offered only hints of how they planned to climb out of the state's revenue hole.

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State of the State

Updated: 01/16/2009 -
Full text of the Governor's speech as prepared inside

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Nevada Governor Delivers State of the State Speech

Updated: 01/16/2009 - Gov. Jim Gibbons pledged in his State of the State speech Thursday to work with state lawmakers as they consider his bare-bones $6.2 billion budget - unless they propose new taxes as a way out of Nevada's economic turmoil.

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Nevada Checkup won't Checkout

Updated: 01/16/2009 - Children's health care program is expected to get more federal funding when President Obama signs bill. But, state officials say required matching funds may be tougher to come by.

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Bush says He Acted in Nation's Best Interest

Posted: 01/15/2009 - Reflecting on two tumultuous terms in the White House, President George W. Bush defended his tenure in a farewell address Thursday, arguing that he followed his conscience and always acted in the best interests of the nation.

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Verdi TV District Settled By Draw of Cards

Posted: 01/15/2009 - Living up to its reputation as a gambling state, a tie for a local TV district will be settled by drawing cards. Christopher Sewell and Kim Toulouse, both trying to be elected to the Verdi TV District, were tied with 1,839 votes apiece after the November election.

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Plane Crashes in NYC River After Birds Cut Engines

Updated: 01/15/2009 - A US Airways jetliner crashed into the frigid Hudson River on Thursday afternoon after a collision with a flock of birds disabled both its engines, sending more than 150 passengers and crew members scrambling onto rescue boats, authorities say. No deaths or serious injuries were immediately reported.

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Bare-Bones Budget Expected

Posted: 01/15/2009 - Gov. Jim Gibbons on Thursday outlines a two-year budget that will propose what no Nevada spending plan in recent memory has suggested - spending less in a coming two-year budget cycle than the amount approved for a current one.

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US mulls fresh aid package for Bank of America

Updated: 01/15/2009 - The federal government is considering a fresh multibillion-dollar aid package for Bank of America Corp. to help it absorb losses at Merrill Lynch.

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Senate panel backs Clinton as secretary of State

Updated: 01/15/2009 - The Senate Foreign Relations Committee voted overwhelmingly on Thursday for Hillary Rodham Clinton to become the next secretary of State, endorsing President-elect Barack Obama's promise to take U.S. foreign policy in a new direction.

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New Jobless Claims Increase More Than Expected

Updated: 01/15/2009 - New claims for jobless benefits increased more than expected last week, reflecting continued weakness in the labor market in the new year that is not expected to ease anytime soon.

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Democrats Unveil $825 Billion Stimulus Measure

Updated: 01/15/2009 - House Democrats are circulating an $825 billion economic stimulus measure that emphasizes health care, education and highway construction as well as tax cuts for individuals and businesses.

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