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Meltdown 101: What are Toxic Assets?

Posted: 03/23/2009 - A fresh effort to end the paralysis in lending was launched Monday by the Obama administration, which will join with investors to buy up around $500 billion in soured assets from banks.

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Victims of MT Plane Crash Identified

Posted: 03/23/2009 - The victims of a Montana plane crash were three California families traveling to the Yellowstone Club for a skiing vacation.

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More Education Spending Proposed

Posted: 03/23/2009 - A state senator wants more than $1.6 billion added to K-12 education funding, in addition to the lawmakers' usual allocation for the schools, to help improve Nevada's ranking near the bottom among states in educational dollars spent per student.

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Lawmakers Challenge Pay Increases

Updated: 03/23/2009 - Lawmakers are again challenging Gov. Jim Gibbons over proposed salary increases for the governor's staff, calling the raises "bizarre" and "cavalier" since most state workers are in line for pay cuts.

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Administration Seeks to Free Frozen Credit Markets

Posted: 03/23/2009 - The Obama administration launched a new effort Monday to end a paralysis in lending, saying it will team with investors to initially buy up to a trillion dollars of bad assets from banks that have been reluctant to make loans to consumers and companies.

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Nevada Lawmakers Start 8th Week

Posted: 03/23/2009 - Nevada lawmakers are expected to introduce more than 100 bills and discuss federal stimulus funds, budgeting accountability and pay raises in the Nevada governor's office as they start the eighth week of the 2009 session today (Monday).

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FedEx Plane Crashes On Landing

Updated: 03/23/2009 - The pilot and co-pilot killed when a FedEx cargo plane burst into flames after bouncing off a runway at Tokyo's main international airport were Americans.

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NTSB Checks on Plane Overloading in Montana Crash

Updated: 03/23/2009 - A small plane carrying a group of people from California to Montana crashed into a cemetery not far from the airport in Butte and burst into flames, killing seven adults and seven children.

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Mount Redoubt Volcano Erupts

Updated: 03/23/2009 - Alaskans are on alert once more as scientists have elevated the status for Mt. Redoubt volcano from yellow to orange.

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One Man Hospitalized After Rollover Accident

Updated: 03/23/2009 - Reno Police are saying that a roll-over accident on Longley Lane may have started with a conflict between drivers. They say words were exchanged and one of the drivers got out of his vehicle and began jumping on the other driver's car.

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FAA: Children Among 17 Dead in Montana Plane Crash

Posted: 03/22/2009 - A small plane crashed Sunday as it approached an airport in Montana, killing 17 people, including several children, a Federal Aviation Administration spokesman said.

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Activists Say Nevada Mines Should Pay Higher Taxes

Posted: 03/21/2009 - The Progressive Leadership Alliance of Nevada is sponsoring a radio advertising and lobbying campaign in an effort to get the state's lucrative mining industry to pay its "fair share" of taxes.

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License of Reno Group Care Home Suspended

Posted: 03/21/2009 - State regulators have suspended the license of a Reno group care home, citing ongoing concerns over the health and safety of its residents.

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