- Syria establishes diplomatic ties with Lebanon
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By ALBERT AJI
- Associated Press Writer
Updated: 10/15/08 9:04 AM Syria formally recognized Lebanon for the first time Tuesday by establishing diplomatic relations with its neighbor - meeting a U.S. demand to do more for regional stability even as Damascus pursues indirect peace talks with Israel.
- Government moves again to unclog credit lines
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By MARTIN CRUTSINGER
- AP Economics Writer
Updated: 10/14/08 4:44 PM President Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the free market but to preserve it."
- McCain wants to end tax on unemployment benefits
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By BETH FOUHY
- Associated Press Writer
Updated: 10/14/08 11:14 AM Republican presidential candidate John McCain proposed on Tuesday that the government eliminate taxes on unemployment benefits, one plank in a $52.5 billion economic plan as the nation struggles under a financial crisis.
- California battered by wind-whipped wildfires
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By SHAYA TAYEFE MOHAJER
- Associated Press Writer
Updated: 10/14/08 1:04 PM Powerful winds stoked three major wildfires on Tuesday morning after destroying dozens of homes, forcing thousands to flee and killing two people.
- North Korea to resume nuclear dismantlement
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By JAE-SOON CHANG
- Associated Press Writer
Updated: 10/14/08 8:52 AM North Korea planned to resume dismantling its nuclear program Tuesday for the first time in two months, days after the United States removed the communist regime from a terrorism blacklist as a reward under a disarmament pact.
- US stocks set to extend Monday's huge rally
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By MADLEN READ
- AP Business Writer
Updated: 10/14/08 8:47 AM Wall Street was gearing up for another surge higher Tuesday following the Dow Jones industrial average's historic 936-point jump, with investors encouraged by the U.S. government's plans to spend $250 billion on private banks' stock.
- Obama calls for 90-day moratorium on foreclosures
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By CHRISTOPHER WILLS
- Associated Press Writer
Updated: 10/14/08 8:42 AM Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.
- Pediatricians double vitamin D recommendations
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By LINDSEY TANNER
- AP Medical Writer
Updated: 10/13/08 3:22 PM The nation's leading pediatricians group says children from newborns to teens should get double the usually recommended amount of vitamin D because of evidence that it may help prevent serious diseases.
- Treasury and Fed to meet with financial executives
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By MARTIN CRUTSINGER
- AP Economics Writer
Updated: 10/13/08 3:22 PM Officials from the Treasury Department and the Federal Reserve are scheduled to meet later Monday with top executives from financial firms to work out details of the $700 billion plan aimed at thawing frozen bank lending that is stifling the economy.
- Columnist Paul Krugman wins Nobel economics prize
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By KARL RITTER and MATT MOORE
- Associated Press Writers
Updated: 10/13/08 9:13 AM Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel economic prize Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.
- Winds whip up wildfire north of Los Angeles
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By MICHAEL BLOOD
- Associated Press Writer
Updated: 10/13/08 10:07 AM Intense Santa Ana winds swept into Southern California Monday morning and whipped up a 2,000-acre wildfire, closing a major freeway.
- Iraq calmer but copycat kidnappings spread
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By PAMELA HESS
- Associated Press Writer
Updated: 10/13/08 4:42 PM Five years ago, retired Air Force intelligence officer Kirk von Ackermann became the first of 39 Americans to be kidnapped in Iraq. He's still missing, his wife fearing she'll never see him again.
- India's PM blames wave of violence on extremists
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By SAM DOLNICK
- Associated Press Writer
Updated: 10/13/08 7:12 AM The Indian prime minister warned Monday that a recent wave of bloodshed that has left scores dead across India threatens the "fundamental underpinnings" of the world's largest democracy.
- Balloon pilots somber at NM festival after death
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By HEATHER CLARK
- Associated Press Writer
Updated: 10/12/08 10:32 AM Pilots of hot air balloons on Saturday mourned the loss of one of their own in a fiery crash at Albuquerque's famous festival, even as they said another pilot fighting for his life after the accident would want them to keep flying.
- Norbert weakens to tropical depression over Mexico
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By KIRSTEN JOHNSON
- Associated Press Writer
Updated: 10/12/08 6:22 PM Norbert dissipated into a tropical depression over the northern mountains of mainland Mexico on Sunday, after ripping off roofs, flooding streets, and forcing thousands to seek shelter in Baja California.
