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Banks, Investment Firms Reduce Borrowing from Fed

Posted: 12/29/2008 - Commercial banks and investment firms borrowed less from the Federal Reserve's emergency lending program last week, the government said Monday, although demand for the loans remains high amid a global credit crunch.

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Retailers Slash Prices to Entice Holiday Shoppers

Posted: 12/26/2008 - Shoppers hit the stores Friday to return unwanted gifts and take advantage of drastic price cuts offered by retailers desperate to get rid of old merchandise and boost their less-than-cheery holiday sales.

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"Santa Baby" Singer Eartha Kitt Dies

Updated: 12/26/2008 - Eartha Kitt, a sultry singer, dancer and actress who rose from South Carolina cotton fields to become an international symbol of elegance and sensuality, has died.

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Investor Who Lost Big to Madoff Kills Himself

Posted: 12/23/2008 - A fund manager who lost more than $1 billion of his clients' money to Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in a scandal that has left investors around the world in financial ruin.

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Investigators Press For Clues In Denver Jet Mishap

Updated: 12/22/2008 - Investigators returned to the charred wreckage of a Continental Airlines jetliner Monday in search of clues about why the plane veered off a runway in Denver and skidded into a shallow ravine.

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Dike Bursts, Flooding 15 Homes

Updated: 12/22/2008 - Frigid mix of water and ash floods home after the wall of a retention pond wall collapsed early this morning at a power plant run by the nation's largest public utility.

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7 Workers Released In Atlanta Bridge Collapse

Posted: 12/20/2008 - Federal investigators were working through the weekend to start determining what caused a pedestrian bridge being built high above an Atlanta park to collapse, killing one man and leaving 11 other workers hospitalized, seven in intensive care.

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Afghanistan Could Get 30,000 New US Troops

Posted: 12/20/2008 - The top U.S. military officer said Saturday that the Pentagon could double the number of American forces in Afghanistan by next summer to 60,000 - the largest estimate of potential reinforcements ever publicly suggested.

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Deep Throat: Beyond the Man, the Icon Lives On

Posted: 12/19/2008 - He was many things - inspiration to a generation of investigative journalists, Judas Iscariot of the Nixon cabal, a shadowy figure whose very vagueness encapsulated an unsettling, confusing era.

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Fire At Glen Canyon Marina Destroys 20 Boats

Posted: 12/19/2008 - The National Park Service says a fire at a remote marina in the Glen Canyon National Recreation Area has destroyed as many as 20 moored boats.

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In Tough Times, Ranks of Homeless Students Rising

Posted: 12/19/2008 - As foreclosures and layoffs force families out of their homes, school districts across the nation are struggling to deal with a dramatic influx of homeless children.

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Ill. Gov. Blagojevich To Make Statement

Updated: 12/19/2008 - Gov. Rod Blagojevich's office said he would make a statement Friday afternoon in his downtown Chicago office building, in what could be his first substantial public comments since his arrest last week on federal corruption charges.

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Cheney Claims Power to Decide his Public Records

Posted: 12/18/2008 - Dick Cheney's lawyers are asserting that the vice president alone has the authority to determine which records, if any, from his tenure will be handed over to the National Archives when he leaves office in January.

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Car Chased by Police Plunges Off Overpass, Kills 2

Posted: 12/18/2008 - A yellow Corvette being chased by police plunged off an Atlanta highway exit ramp, killing the two people inside in a fiery crash and tangling up traffic for hours.

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Burger King Launches Beef-Scented Body Spray

Updated: 12/18/2008 - The home of the Whopper has launched a new men's body spray called "Flame." The company describes the spray as "the scent of seduction with a hint of flame-broiled meat."

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