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Wild Dow closes 128 down

 

 

Wild Dow Closes 128 Down

 

 

 

Inquiry Finds Palin Abused Power In Firing
Alaska Gov. Sarah Palin unlawfully abused her authority in firing the state's public safety commissioner, an Alaska legislative panel finds.

My Weekend - Line Up For These Cars
Find our which cars will leave you waiting on the longest.

Dow Ends Worst Week; Gov't To Buy Bank Stocks
Wall Street caps its worst week ever by closing down 128 points.

US to buy stake in banks; first since Depression
Treasury Secretary Henry M. Paulson Jr., speaks during a news conference, Friday, Oct. 10, 2008, in Washington. Paulson said the Bush administration will move ahead with a plan to buy stock in financial institutions, that the administration was moving 'swiftly and thoughtfully'to implement the new rescue package, and is expected to start announcing next week the private sector asset management firms that will help run the program. (AP Photo/Manuel Balce Ceneta) AP - The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede.

Alaska panel finds Palin abused power in firing
State Sen. Kim Elton, D-Juneau, chairman of a joint Legislative Council, right, talks with vice-chair Rep. Nancy Dahlstrom, R-Anchorage, at the Legislative Information Building in Anchorage, Alaska, Friday Oct. 10, 2008 as Alaska lawmakers announce the release of the ethics report on Gov. Sarah Palin's abuse of power investigation. The chief investigator of an Alaska legislative panel concluded Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper. (AP Photo/Al Grillo) AP - Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday. The politically charged inquiry imperiled her reputation as a reformer on John McCain's Republican ticket.

Court makes Conn. 3rd state to allow gay marriage
Janet Peck left, embraces her partner, Carol Conklin, after Peck spoke at a news conference in Hartford, Conn., Friday, Oct. 10, 2008. Peck was commenting on ruling by the Connecticut Supreme Court making gay marriage.  Connecticut's Supreme Court ruled Friday that gay couples have the right to marry, making the state the third behind Massachusetts and California to legalize such unions.  (AP Photo/Bob Child) AP - A sharply divided Connecticut Supreme Court ruled Friday that gay couples have the right to get married, saying legislators did not go far enough when they approved same-sex civil unions that were identical to marriages in virtually every respect except the name.

AP: US to remove North Korea from terror blacklist
This Aug. 13, 2002 file photo is a  satellite image provided by Space Imaging Asia of the Yongbyon Nuclear Center, located north of Pyongyang, North Korea. North Korea announced Thursday Oct. 6, 2008 that it is preparing to restart the facility that produced its atomic bomb, clearly indicating that it plans to completely pull out of an international deal to end its nuclear program. North Korea told the International Atomic Energy Agency that it was stopping the process of disabling its main nuclear site and barring international inspectors from the Yongbyon facility, the agency said. (AP Photo/Space Imaging Asia, File) AP - The Bush administration plans to remove North Korea from a terrorism blacklist on Saturday after getting assurances the Stalinist nation has agreed to a plan to inspect its nuclear facilities, The Associated Press has learned.

McCain booed after trying to calm anti-Obama crowd
Republican presidential nominee Senator John McCain (R-AZ) listens a question from a supporter during a town hall meeting in Lakeville, Minnesota October 10, 2008. (Carlos Barria/Reuters) AP - The anger is getting raw at Republican rallies and John McCain is acting to tamp it down. McCain was booed by his own supporters Friday when, in an abrupt switch from raising questions about Barack Obama's character, he described the Democrat as a "decent person and a person that you do not have to be scared of as president of the United States."

McCain, Obama offer dueling ideas to save economy
Democratic presidential candidate Sen. Barack Obama, D-Ill.,  speaks during a rally at the Ross County Courthouse, Friday, Oct. 10, 2008, in Chillicothe, Ohio. (AP Photo/David Kohl) AP - John McCain and Barack Obama outlined steps to counter the faltering economy and plummeting stock market on Friday, fresh evidence of the dominant role of pocketbook issues in their race for the White House.
 

 

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Panel: Palin abused power in trooper case
Republican vice presidential nominee Sarah Palin abused her power as Alaska's governor and violated state ethics law by trying to get her ex-brother-in-law fired from the state police, a state investigator's report concluded Friday.

Rage rising on the McCain campaign trail
With recent polls showing Sen. Barack Obama's lead increasing nationwide and in several GOP-leaning states, some Republicans attending McCain-Palin campaign rallies are showing a new emotion: Rage.

Longtime 'All My Children' actress dies at 90
Read full story for latest details.

Source of Iraq WMD intelligence tells his story
His phone number was published in a German phone directory -- Rafid Alwan, whose claims that Saddam Hussein was producing biological agents helped launch the Iraq war.

Jolie shown breastfeeding on magazine cover
Read full story for latest details.

New machine prints sheets of light
Read full story for latest details.

O.J. Simpson's lawyers request another trial
Lawyers for O.J. Simpson have filed a motion for a new trial, saying he was denied a fair hearing when two African-Americans were dismissed from the potential jury pool.

Gates: U.S. would support Afghan peace talks with Taliban
U.S. Defense Secretary Robert Gates said the United States would be prepared to reconcile with the Taliban if the Afghan government pursued talks to end the seven-year conflict in that country.

U.S.

From the Brainroom: Facts on Dow and Historical Figures
FOXNews.com takes a look at the Dow's biggest losses

Paulson Says Bank Stock Purchase Plan Is Moving Forward
Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions.

Panel: Palin 'Abused Her Power' in Trooper Case
Ethics inquiry concludes Palin was 'proper and lawful' in firing a state commissioner but failed to keep her husband from meddling in trooper's discipline| PANEL REPORT (pdf)

McCain Hits Obama Hard on ACORN
A new Web video questions Obama's connection to the controversial low-income advocacy group

WASHINGTON TIMES: Obama's $833G ACORN Gift
Ohio Election Official: Judge's Ruling Spreading 'Chaos'
FOX NEWS POLL: Obama Leads | Issue of Character
Obama Coordinator Meets With Muslim Extremists

Connecticut High Court Permits Gay Marriage
State Supreme Court rules in favor of same-sex couples.

Finland's Martti Ahtisaari Wins 2008 Nobel Peace Prize
Finland's ex-president Martti Ahtisaari received the Nobel Peace Prize on Friday for his efforts to build a lasting peace from Africa and Asia to Europe and the Middle East.

Somali Pirates Threaten to Blow Up Hijacked Ship
A spokesman for the pirates holding an arms-laden tanker off the coast of Somalia has threatened to blow up the ship in three days if no ransom is paid.

NASA Gives Green Light to Threatened Mars Rover
Space agency lets Mars Science Lab project press ahead despite mounting budget overruns.

 

U.S.

Reports: GM, Chrysler hold merger talks
Oct. 10: Both stockholders and car buyers alike are wondering whether General Motors, reeling from a collapse in auto sales and a run on the company's stock, can survive. CNBC's Phil Lebeau reports. (Nightly News) General Motors has held discussions about a possible merger with Chrysler, The New York Times and Wall Street Journal reported late Friday.

AP: U.S. to take N. Korea off terror list
The Bush administration plans to remove North Korea from a terrorism blacklist Saturday after getting assurances Pyongyang has agreed to a plan to inspect its nuclear facilities, The AP has learned.

Ethics report: Palin abused authority
The investigative report concludes that a family grudge wasn't the sole reason Gov. Sarah Palin fired the public safety commissioner but says it likely was a contributing factor. Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday.

Paulson: U.S. will buy stock in banks
Oct. 10: Treasury Secretary Henry Paulson announces that the Bush administration will move ahead with a plan to buy stock in financial institutions.  (MSNBC) Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions.

Volatile day ends Dow's worst week
Wall Street ended one of its worst weeks ever trying to figure out whether to continue its freefall or take some tentative steps toward a possible recovery.

Africa

Palin abused power, probe finds
Sarah Palin abused her power as governor for personal ends, a report by the Alaskan state legislature concludes.

G7 nations pledge to fight crisis
Top finance ministers promise to take "decisive action and use allavailable tools" to tackle the world economic crisis.

Austria's Haider dies in accident
Austrian far-right politician Joerg Haider has been killed in a road accident, police reports say.

US and India sign nuclear accord
The US and India sign a controversial civilian nuclear co-operation accord, ending 34 years of American sanctions.

Oil row brings down Peru cabinet
Peru's President Alan Garcia accepts the government's resignation over alleged bribes for oil contracts.

Aceh to welcome guerrilla leader
Former rebels flock to Banda Aceh to welcome home one of Indonesia's best-known guerrilla leaders.

US state legalises gay marriage
Connecticut's top court overturns a ban on same-sex marriages, making it the third US state to legalise such unions.

Dozens killed in Pakistan bombing
Twenty-seven people are killed and more than 80 wounded in a suicide bombing on Pakistani tribal elders near the Afghan border.

 

World

DOW LOSES 18%...

Crisis becomes global crash...

THE WORST WEEK

BERLUSCONI: LEADERS MAY CLOSE WORLD'S MARKETS...

White House dismisses...

BAD ECONOMY: Obama Pays $961,000 For Half-Hour Ad...

WASH TIMES Friday: Obama secretly tried to sway Iraqi government...

Barack 'Osama' on NY county ballots...

Challengers for congressional seat agree to wear lie detector at debate...

UPDATE: McCain questions Obama's link to radical Ayers ...

Oil Drops Below $78...

OPEC to hold emergency meeting...

RADIO WAR: NY sues ARBITRON over New Ratings Meter...

CONNECTICUT SUPREME COURT OVERTURNS BAN ON SAME SEX MARRIAGES ...

Stone says no malice intended in Bush film...

Politics

 
 

AP: US to remove North Korea from terror blacklist
WASHINGTON — The Bush administration plans to remove North Korea from a terrorism blacklist on Saturday after getting assurances the Stalinist nation has agreed to a plan to inspect its nuclear facilities, The Associated Press has learned.President Bush signed off on the move on Friday in a bid to salvage a...

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24 Killed, 45 Injured In Bombings And Shootings Across Iraq
A car bomb exploded in a market in southern Baghdad late Friday afternoon, killing at least 14 people and prompting an outburst of sectarian rioting, according to police and witnesses.The attack was one of numerous bombings and shootings around the country in which 24 people were killed and 45 injured. They illustrated...

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G7 Nations Vow Coordination On Financial Crisis But Offer Few Details
The United States and six other nations that are among the world's richest agreed on Friday to a coordinated plan to rescue the financial industry, but fell short of offering concrete steps to backstop bank lending on a day when fear tightened its grip on investors from Wall Street to Hong Kong.Treasury Secretary Henry...

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General Motors And Chrysler Discuss Merger
General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the auto industry by reducing the Big Three of Detroit automakers to the Big Two.The talks between G.M. and Cerberus Capital Management, the private equity firm that owns Chrysler, began...

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Thoughts On The Sarah Palin Troopergate Report
Troopergate Report: Palin "Unlawfully Abused Her Authority" [AP]Here's the operative part of the report:More on Sarah Palin

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Alaska panel finds Palin abused power in firing
State Sen. Kim Elton, D-Juneau, chairman of a joint Legislative Council, right, talks with vice-chair Rep. Nancy Dahlstrom, R-Anchorage, at the Legislative Information Building in Anchorage, Alaska, Friday Oct. 10, 2008 as Alaska lawmakers announce the release of the ethics report on Gov. Sarah Palin's abuse of power investigation. The chief investigator of an Alaska legislative panel concluded Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper. (AP Photo/Al Grillo) AP - Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday. The politically charged inquiry imperiled her reputation as a reformer on John McCain's Republican ticket.

McCain booed after trying to calm anti-Obama crowd
Republican presidential nominee Senator John McCain (R-AZ) listens a question from a supporter during a town hall meeting in Lakeville, Minnesota October 10, 2008. (Carlos Barria/Reuters) AP - The anger is getting raw at Republican rallies and John McCain is acting to tamp it down. McCain was booed by his own supporters Friday when, in an abrupt switch from raising questions about Barack Obama's character, he described the Democrat as a "decent person and a person that you do not have to be scared of as president of the United States."

"I Love You, but I'm Not in Love with You."Aaarrrrrgggh.
Dear Margo - DEAR MARGO: I am a 23-year-old woman who is dating a 47-year-old man.

US to buy stake in banks; first since Depression
Treasury Secretary Henry M. Paulson Jr., speaks during a news conference, Friday, Oct. 10, 2008, in Washington. Paulson said the Bush administration will move ahead with a plan to buy stock in financial institutions, that the administration was moving 'swiftly and thoughtfully'to implement the new rescue package, and is expected to start announcing next week the private sector asset management firms that will help run the program. (AP Photo/Manuel Balce Ceneta) AP - The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede.

Man dies after balloon crashes in flames in N.M.
Blazing fuel tanks are seen hanging from a hot-air balloon that slammed into power lines during the Albuquerque International Balloon Fiesta in Bernaillo, N.M. on Friday, Oct. 10, 2008. The balloon scattered debris across the town as it disintegrated, killing one man and injuring another. (AP Photo/Terri Bordelon) AP - A hot air balloon crashed into power lines and burst into flames Friday during Albuquerque's annual balloon fiesta, throwing both men on board to the ground and killing one of them. Witnesses said that winds had picked up a bit and that many of the balloons were flying low right before the Wings of Wind balloon crashed in Bernalillo, just north of Albuquerque.

Stocks end worst week mixed after wild session
A broker reacts at the stock market in Frankfurt, central Germany, Wednesday, Oct. 8, 2008. European markets tumbled in early trading Wednesday amid ongoing fears about the state of the credit markets. (AP Photo/Michael Probst) AP - Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance.

Fuel tanks catch fire after the hot air balloon Wings of Wind ...
photo (AP) - Fuel tanks catch fire after the hot air balloon Wings of Wind hits power lines during the Albuquerque International Balloon Fiesta in Bernaillo, N.M. on Friday, Oct. 10, 2008. The balloon scattered debris across the town north of Albuquerque as it disintegrated, killing one man and injuring another. (AP Photo/Terri Bordelon)

The Wings of Wind hot-air balloon catches fire after crashing ...
photo (AP) - The Wings of Wind hot-air balloon catches fire after crashing into power lines during the Albuquerque International Balloon Fiesta in Bernaillo, N.M. on Friday, Oct. 10, 2008. The balloon scattered debris across the town north of Albuquerque as it disintegrated, killing one man and injuring another. (AP Photo/Terri Bordelon)

Blazing fuel tanks hang from a hot-air balloon that slammed ...
photo (AP) - Blazing fuel tanks hang from a hot-air balloon that slammed into power lines during the Albuquerque International Balloon Fiesta in Bernaillo, N.M. on Friday, Oct. 10, 2008. The balloon scattered debris across the town as it disintegrated, killing one man and injuring another. (AP Photo/Terri Bordelon)

Blazing fuel tanks are seen hanging from a hot-air balloon that ...
photo (AP) - Blazing fuel tanks are seen hanging from a hot-air balloon that slammed into power lines during the Albuquerque International Balloon Fiesta in Bernaillo, N.M. on Friday, Oct. 10, 2008. The balloon scattered debris across the town as it disintegrated, killing one man and injuring another. (AP Photo/Terri Bordelon)

Actress Megan Fox arrives at the premiere of 'Eagle Eye' in ...
photo (AP) - Actress Megan Fox arrives at the premiere of 'Eagle Eye' in Los Angeles on Tuesday, Sept. 16, 2008. (AP Photo/Matt Sayles)

File photo shows a military parade to mark the 60th anniversary ...
photo (AFP/KCNA/File) - File photo shows a military parade to mark the 60th anniversary of the founding of North Korea at Kim Il Sung Square in Pyongyang. Tha hardline Stalinist state has fired short-range missiles into international waters in the Yellow Sea amid continuing diplomatic efforts to persuade it to abide by a nuclear disarmament deal.(AFP/KCNA/File/Kcna Via Korean News Service)

NY election mix-up: 'Osama'on the ballot (AP)
A general election absentee ballot from Rensselaer County, N.Y. misspelling  the name of Democratic presidential candidate Barack Obama is seen, Friday, Oct. 10, 2008 in Sand Lake, N.Y. The absentee ballots sent to voters in Rensselaer County identified the two presidential candidates as 'Barack Osama'and 'John McCain.'In the United States, the best-known individual named Osama is Osama bin Laden, leader of the al Qaida terrorist group behind the 2001 attacks that destroyed the World Trade Center in New York City. (AP Photo/The Albany Times Union, Michael P. Farrell) AP - Who is running for president? In an upstate New York county, hundreds of voters have been sent absentee ballots in which they could vote for "Barack Osama."

Woman, 72, moves after finding snakes in apartment (AP)
AP - When 72-year-old Gladys Dressner first saw two snakes last in her new apartment last month, she froze. Days later, when an eight-inch snake crawled across her bed, she screamed. Finally, after stepping on a baby black rat snake, she moved.

Woman accused of serving pot-laced cake to guest (AP)
AP - West Hartford police said they charged a 51-year-old woman with assault, reckless endangerment and tampering with evidence after she allegedly served a marijuana-tainted ginger cake to her real estate agent.

What happens after you flush? RI offers new tour (AP)
AP - Ever wonder what happens after you yank the chain on the old commode? Rhode Island is offering tours of several wastewater treatment facilities during what its dubbed the first annual "Rhode Island Water Infrastructure Month."

Dog dies after saving man in Trinidad from fire (AP)
AP - A man whose dog rescued him from a house fire in Trinidad said the animal died after running back into the burning building. Trinidad &Tobago Express newspaper quoted Anderson Marcano as saying that he woke up because the dog kept barking and tugging at his pants. Marcano said he smelled the smoke and was shocked to find his house on fire.

Crackdown on tight trousers cancelled (Reuters)
Reuters - South Sudan's president shut down a police investigation Wednesday that saw scores of young women arrested for "disturbing the peace"by wearing tight trousers.

How safe is your city? Put it to the bicycle test (Reuters)
Ignacio Jardon places a bike next to a tree in Buenos Aires, October 3, 2008. (Enrique Marcarian/Reuters) Reuters - How long will an unchained bicycle last on a city street before someone steals it?

For sale: Yourself, in Legos (Reuters)
A shopper enters a Neiman Marcus store in Oak Brook, Illinois, a suburb of Chicago, May 2, 2005. (John Gress/Reuters) Reuters - For the golf enthusiast who still has $1 million to spare after the Wall Street meltdown: a backyard golf course custom-designed by champ Jack Nicklaus for Christmas.

US to buy stake in banks; first since Depression
WASHINGTON (AP) -- The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the world despite all efforts to slow the selling stampede....

Stocks end worst week mixed after wild session
NEW YORK (AP) -- Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses and the possibility of further government support for the markets tempted some investors late in the session....

G7 endorses plan to battle financial crisis
WASHINGTON (AP) -- Finance officials from the world's top economic powers endorsed a plan Friday to stem the worst financial crisis in more than a half-century....

Jolie says Pitt changed her mind about pregnancy
In this Oct. 4, 2008 file photo, actress Angelina Jolie attends a New York Film Festival screening of 'Changeling'at the Ziegfeld Theatre in New York. (AP Photo/Evan Agostini, file) AP - Angelina Jolie, an advocate of adoption, credits partner Brad Pitt with her decision to have biological children.