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CompareCC News Archive Listing for Top Stories during 2008-11-21.
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Democrats demand U.S. Big 3 offer survival plan
 
WASHINGTON (Reuters) - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.
Verizon staff had unauthorized access to Obama's cell
 
NEW YORK (Reuters) - Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now inactive.
Attorney General Mukasey vital signs strong after collapse
 
WASHINGTON (Reuters) - U.S. Attorney General Michael Mukasey was 'conscious, conversant and alert' at a local Washington hospital after collapsing while delivering a national security speech at a hotel, the U.S. Justice Department said late on Thursday.
Bush takes financial reform agenda to APEC forum
 
WASHINGTON (Reuters) - George W. Bush makes his last scheduled trip abroad as U.S. president on Friday, heading to an Asia-Pacific summit where he will seek support for global financial reform and hold talks on ending North Korea's nuclear program.
Atty. Gen. Mukasey collapses during speech
 
AP - Attorney General Michael Mukasey, the no-nonsense ally in President Bush's war on terror, was hospitalized Thursday after he collapsed during a late-night speech and lost consciousness.
Aides: Obama plans to nominate Clinton
 
AP - President-elect Barack Obama plans to nominate Hillary Rodham Clinton as secretary of state after Thanksgiving, a new milestone for a former first lady and a convergence of two political forces who contested mightily for the presidency.
Most Asian markets rebound after Wall Street rout
 
AP - Most Asian markets rebounded Friday after days of sharp declines in stocks around the world as investors scooped up battered financial and technology shares.
Recovery from crisis seen slow
 
Reuters - Signs of distress in the global economy mounted, with shares in U.S. bank Citigroup Inc plunging on fears about its future, oil prices falling and the future of U.S. automakers hanging in the balance.
Verizon staff had unauthorized access to Obama's cell
 
Reuters - Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now inactive.
Attorney General Mukasey vital signs strong after collapse
 
Reuters - U.S. Attorney General Michael Mukasey was 'conscious, conversant and alert' at a local Washington hospital after collapsing while delivering a national security speech at a hotel, the U.S. Justice Department said late on Thursday.
Bush takes financial reform agenda to APEC forum
 
Reuters - George W. Bush makes his last scheduled trip abroad as U.S. president on Friday, heading to an Asia-Pacific summit where he will seek support for global financial reform and hold talks on ending North Korea's nuclear program.
Recovery from crisis seen slow
 
NEW YORK/BEIJING (Reuters) - Signs of distress in the global economy mounted, with shares in U.S. bank Citigroup Inc plunging on fears about its future, oil prices falling and the future of U.S. automakers hanging in the balance.
Baghdad locked down for U.S. troop pact protest
 
BAGHDAD (Reuters) - Iraqi forces shut streets in Baghdad and placed snipers on rooftops on Friday before a protest by followers of cleric Moqtada al-Sadr against a pact allowing U.S. troops to remain for three more years.
Baghdad locked down for U.S. troop pact protest
 
Reuters - Iraqi forces shut streets in Baghdad and placed snipers on rooftops on Friday before a protest by followers of cleric Moqtada al-Sadr against a pact allowing U.S. troops to remain for three more years.
Military 'only solution' to piracy, says tanker firm
 
AFP - A more aggressive military approach is the only answer to an escalation of piracy off Somalia, the world's biggest oil tanker company said Friday.
Central bankers wary of deflation
 
LONDON (Reuters) - Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the prospect of deflation.
Citigroup eyes options, including merger
 
NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
U.S. Navy says no word on Somali pirate ransom demand
 
DUBAI (Reuters) - The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom.
Obama plans to nominate Clinton for top diplomat
 
AP - President-elect Barack Obama plans to nominate Hillary Rodham Clinton as secretary of state after Thanksgiving, a new milestone for the former first lady and a convergence of two political forces who fought hard for the presidency.
Congress sends jobless benefit extension to Bush
 
AP - With no end in sight to economic bad news, President George W. Bush is about to ensure that millions of laid-off workers won't see their unemployment checks disappear as the year-end holidays approach.
Asia, Europe stocks rebound after Wall Street rout
 
AP - Most Asian and European markets rebounded Friday after sharp declines in recent days as investors scooped up battered financial and technology shares.
Neb. lawmakers form task force on child drop-offs
 
AP - Lawmakers are poised to close a loophole that led to troubled teens being abandoned at Nebraska hospitals, but they aren't stopping there. Instead, they're vowing to make sure families can get help in a crisis.
Report says CIA withheld info from White House
 
AP - The CIA withheld information from the White House, Justice Department and Congress about the 2001 shooting down of a plane over Peru carrying an American missionary family, part of a yearslong cover-up of lethal violations in U.S. drug-interdiction procedures, according to a classified internal CIA report.
Americans still giving, despite economic meltdown
 
AP - As more Americans turn to charity amid worsening economic gloom, operators of food banks and other aid groups are relying on the surprisingly resilient generosity of their neighbors and finding that even when times are tough, people still give.
Man says cell phone saved him from stray bullet
 
AP - R.J. Richard says he doesn't normally put his cell phone in his chest pocket. But he says it saved his life the one time he did.
Former Sen. Fred Thompson plans return to acting
 
AP - Former U.S. Sen. Fred Thompson is going back to the small screen after his foray into Republican presidential politics over the last year.
Central bankers wary of deflation
 
Reuters - Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the prospect of deflation.
Citigroup eyes options, including merger
 
Reuters - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
U.S. Navy says no word on Somali pirate ransom demand
 
Reuters - The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom.
Thousands protest in Iraq against U.S. troops pact
 
BAGHDAD (Reuters) - Followers of Shi'ite cleric Moqtada al-Sadr marched Friday against a pact letting U.S. forces stay in Iraq until 2011, toppling an effigy of President George W. Bush where U.S. troops once tore down a statue of Saddam Hussein.
Islamists on trail of Somali pirates
 
MOGADISHU (Reuters) - Dozens of Somali Islamist insurgents entered a port on Friday in search of the pirate group behind the seizure of a Saudi supertanker that was the world's biggest hijack, a local elder said.
Attorney General Mukasey sounds well: White House
 
WASHINGTON (Reuters) - President George W. Bush spoke with U.S. Attorney General Michael Mukasey on Friday and the top U.S. law enforcement official sounded well after collapsing during a speech, the White House said.
European, Asian markets rebound despite US losses
 
AP - European and Asian stock markets rebounded Friday as expectations of a recovery on Wall Street prompted investors to scoop up battered financial and energy shares.
Madonna, Ritchie granted preliminary divorce
 
AP - Madonna and Guy Ritchie were granted a preliminary decree of divorce Friday.
Attorney General Mukasey sounds well: White House
 
Reuters - President George W. Bush spoke with U.S. Attorney General Michael Mukasey on Friday and the top U.S. law enforcement official sounded well after collapsing during a speech, the White House said.
Thousands protest in Iraq against U.S. troops pact
 
Reuters - Followers of Shi'ite cleric Moqtada al-Sadr marched Friday against a pact letting U.S. forces stay in Iraq until 2011, toppling an effigy of President George W. Bush where U.S. troops once tore down a statue of Saddam Hussein.
Islamists on trail of Somali pirates
 
Reuters - Dozens of Somali Islamist insurgents entered a port on Friday in search of the pirate group behind the seizure of a Saudi supertanker that was the world's biggest hijack, a local elder said.
Use of nuclear weapons more likely in future: US intelligence
 
AFP - The use of nuclear weapons will grow increasingly likely by 2025, according to a bleak US intelligence report that warns that US global dominance is likely to weaken over the next two decades.
Thousands of Sadrists protest Iraq-US military pact
 
AFP - Thousands of Shiite followers of the firebrand anti-American cleric Moqtada al-Sadr gathered in Baghdad on Friday to protest a security accord that would allow US troops to remain in Iraq until 2011.
Bush signs law extending unemployment insurance
 
WASHINGTON (Reuters) - President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said.
IAEA hardens fear of covert Syria atom site: U.S.
 
VIENNA (Reuters) - The United States said on Friday the first independent monitoring report on an alleged Syrian nuclear site had hardened suspicions that Syria was building a covert reactor and would raise pressure on it to come clean.
Bush signs jobless benefits extension
 
AP - With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.
Stocks open higher after steep sell-off
 
AP - Wall Street is experiencing some relief, with stocks opening sharply higher, following a report that a pounded-down Citigroup Inc. might put itself up for sale.
Gov't: AG doing better after collapse
 
AP - Attorney General Michael Mukasey was feeling better Friday after collapsing during a speech, his spokeswoman said.
Kenya: Somali pirates make $150M in a year
 
AP - Somali pirates have collected more than $150 million in ransoms over the past year, Kenya's foreign affairs minister said Friday, calling on ship owners not to pay when their vessels are hijacked.
Wal-Mart names Duke as next chief executive
 
AP - Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday its chief executive will retire in February and be replaced by the head of its international division, Mike Duke.
Palin pardons turkey while others slaughtered
 
AP - Gov. Sarah Palin has granted the traditional Thanksgiving pardon to one lucky turkey, but the video that shocked some viewers captured what was happening in the background.
For toilet-less Vermont library, a new chapter
 
AP - When you gotta go, you gotta go. But for decades, when you had to go in the Roxbury Free Library, you really had to go — somewhere else, that is.
Bush signs law extending unemployment insurance
 
Reuters - President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said.
Pressure grows on Obama as world economy deteriorates
 
LONDON/NEW YORK (Reuters) - US stocks recovered some ground on opening on Friday, though Citigroup fell further, amid continued fear that central bank moves to stabilize financial markets might not be enough to prevent a prolonged global recession.
Mukasey had fainting spell: official
 
WASHINGTON (Reuters) - U.S. Attorney General Michael Mukasey was doing well in hospital on Friday after an apparent 'fainting spell' that caused his collapse during a speech the night before, a spokeswoman said.
Citigroup shares drop as CEO plans to keep Smith Barney
 
NEW YORK (Reuters) - Citigroup Inc shares tumbled for a fifth straight day, as Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence.
Iraqi Shiites burn Bush effigy to protest US pact
 
AP - Thousands of followers of a radical Shiite cleric protested a proposed U.S.-Iraqi security deal Friday, burning an effigy of President George W. Bush in the same square where Iraqis beat a toppled Saddam Hussein statue five years ago.
Gov't: AG gets clean bill of health after collapse
 
AP - Attorney General Michael Mukasey was given 'a clean bill of health' and hoped to check out of the hospital after extensive medical tests following his collapse, the Justice Department said Friday.
Neb. lawmakers OK age limit for safe-haven law
 
AP - Nebraska lawmakers have approved adding a 30-day age limit to a safe-haven law that resulted in 35 children — including teenagers as old as 17 — being abandoned at state hospitals.
Stocks show moderate decline after sell-off
 
AP - Wall Street sagged again Friday but took a break from the heavier selling of recent days as energy, utility and technology stocks showed some advances and bank stocks declined.
Wal-Mart names Duke to succeed Scott as CEO
 
AP - Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.
Islamists say they'll fight Somali pirates
 
AP - A fighter with a radical Islamic group in Somalia says it will go after the pirates holding a Saudi supertanker.
Pressure grows on Obama as world economy deteriorates
 
Reuters - US stocks recovered some ground on opening on Friday, though Citigroup fell further, amid continued fear that central bank moves to stabilize financial markets might not be enough to prevent a prolonged global recession.
Mukasey had fainting spell: official
 
Reuters - U.S. Attorney General Michael Mukasey was doing well in hospital on Friday after an apparent 'fainting spell' that caused his collapse during a speech the night before, a spokeswoman said.
Citigroup shares drop as CEO plans to keep Smith Barney
 
Reuters - Citigroup Inc shares tumbled for a fifth straight day, as Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence.
U.S. attorney general back at work after fainting
 
WASHINGTON (Reuters) - U.S. Attorney General Michael Mukasey returned to work on Friday after a 'fainting spell' during a speech sent him to hospital the night before.
GM to return two leased jets amid criticism
 
DETROIT (Reuters) - General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid.
Citi extends plunge as world economy deteriorates
 
NEW YORK (Reuters) - Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry.
Mukasey feeling better, checks out of hospital
 
AP - Attorney General Michael Mukasey was given a 'clean bill of health' and went back to work Friday after his harrowing collapse at a late-night dinner speech.
GM to extend holiday shutdown, will cut production
 
AP - General Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay solvent.
Stocks advance moderately after sell-off
 
AP - Wall Street moved cautiously higher Friday, with investors taking a breather from the heavy selling of recent days. Energy, utility and technology stocks showed some advances, but bank stocks declined sharply.
Shuttle gives space station a mile-high boost
 
AP - Space shuttle Endeavour provided an orbital lift to the attached international space station on Friday as the astronauts encountered more problems with a new water recycling system.
Florida teen commits suicide in front of webcam
 
AP - A South Florida teen died of a lethal drug overdose in front of a live online webcam audience 12 hours after he started blogging about his plan to commit suicide, an investigator said Friday.
Sorenstam 3-over after 9 holes, may miss cut
 
AP - Annika Sorenstam has enjoyed plenty of great rounds at Trump International, a course where she won three times in a four-year span earlier this decade.
U.S. attorney general back at work after fainting
 
Reuters - U.S. Attorney General Michael Mukasey returned to work on Friday after a 'fainting spell' during a speech sent him to hospital the night before.
GM to return two leased jets amid criticism
 
Reuters - General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid.
DR Congo demands stronger mandate for UN troops
 
AFP - The Democratic Republic of Congo demanded Friday a stronger mandate for UN peacekeepers in the east of the vast country after the UN Security Council approved an additional 3,000 troops.
Clinton accepts Obama secretary of state offer: report
 
WASHINGTON (Reuters) - New York Sen. Hillary Clinton has accepted an offer from President-elect Barack Obama to become U.S. secretary of state, the New York Times said on Friday, quoting two Clinton associates.
Bailout debate simmers as GM pares output
 
DETROIT/WASHINGTON (Reuters) - Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets.
Obama pledges fresh view on U.S. role in world
 
CHICAGO (Reuters) - With his choice of Hillary Clinton as secretary of state all but certain, President-elect Barack Obama promised on Friday to bring a 'fresh perspective' to U.S. relations with the rest of the world.
Iran rejects U.S. reports it has basis for atom bomb
 
VIENNA (Reuters) - Iran rejected Friday U.S. reports it had enriched enough uranium to make an atom bomb, saying this would require steps it had ruled out like ejecting U.N. inspectors and leaving the Non-Proliferation Treaty (NPT).
Kirkuk-Ceyhan pipeline on fire after attack: TV
 
ISTANBUL (Reuters) - Unknown assailants launched an attack on the Kirkuk-Ceyhan pipeline between Iraq and Turkey on Friday, triggering a large fire, broadcaster CNN Turk reported.
Pelosi vows stimulus, auto aid as economy falters
 
NEW YORK (Reuters) - House of Representatives Speaker Nancy Pelosi pledged support for a U.S. stimulus package and aid for sputtering carmakers on Friday, stepping into a Washington power vacuum that analysts fear may be contributing to the global financial crisis.
Dems work out plans Big 3 need to meet for aid
 
AP - Democratic leaders began laying out conditions Friday that they say Detroit's Big Three automakers need to meet before Congress will consider giving them an emergency $25 billion lifeline.
Neb. governor signs safe-haven age limit bill
 
AP - Nebraska Gov. Dave Heineman has signed a bill that adds a 30-day age limit to a safe-haven law led to the abandonment of nearly three dozen children, including some teenagers as old as 17. The law goes into effect at 12:01 a.m. Saturday.
Air patrols, cameras to watch big inaugural crowd
 
AP - Law enforcement officials bracing for the largest crowds in inaugural history are preparing far-reaching security — thousands of video cameras, sharpshooters, air patrols — to safeguard President-elect Barack Obama's swearing-in.
Prosecutor who had Cheney indicted yells at judge
 
AP - A county prosecutor who brought indictments this week against Vice President Dick Cheney and others pounded his fist and shouted at the judge Friday during a routine hearing. Willacy County District Attorney Juan Angel Guerra asked Presiding Judge Manuel Banales to recuse himself from the case, which alleges abuse at federally run prisons.
Lavish 1,800 year-old bronze chariot unearthed in Bulgaria
 
AP - Archaeologists have unearthed an elaborately decorated 1,800-year-old chariot sheathed in bronze at an ancient Thracian tomb in southeastern Bulgaria, the head of the excavation said Friday. 'The lavishly ornamented four-wheel chariot dates back to the end of the second century A.D.,' Veselin Ignatov told The Associated Press in a telephone interview from the site, near the southeastern village of Karanovo.
Neb. police arrest 'Butt Bandit' vandalism suspect
 
AP - Authorities said they've arrested a suspect in the rash of so-called 'Butt Bandit' vandalism cases. County Attorney Eric Scott said a 35-year-old man was arrested early Wednesday morning. Formal charges have not yet been filed. Some vandal had been skipping from one building to another at night, pressing his naked buttocks, groin or both on windows.
Knicks set to make trade for Warriors' Harrington
 
AP - The New York Knicks were expected to announce a trade for Golden State Warriors forward Al Harrington on Friday. Media reports had the Knicks sending guard Jamal Crawford to Golden State, though it was unclear if he was the only player.
Clinton accepts Obama secretary of state offer: NY Times
 
Reuters - New York Sen. Hillary Clinton has accepted an offer from President-elect Barack Obama to become U.S. secretary of state, joining her former Democratic rival to help guide U.S. foreign policy, the New York Times said on Friday.
Fed's Geithner to be tapped for Treasury: reports
 
Reuters - Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday.
Bailout debate simmers as GM pares output
 
Reuters - Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets.
Obama pledges fresh view on U.S. role in world
 
Reuters - With his choice of Hillary Clinton as secretary of state all but certain, President-elect Barack Obama promised on Friday to bring a 'fresh perspective' to U.S. relations with the rest of the world.
Iran rejects U.S. reports it has basis for atom bomb
 
Reuters - Iran rejected Friday U.S. reports it had enriched enough uranium to make an atom bomb, saying this would require steps it had ruled out like ejecting U.N. inspectors and leaving the Non-Proliferation Treaty (NPT).
Kirkuk-Ceyhan pipeline on fire after attack: TV
 
Reuters - Unknown assailants launched an attack on the Kirkuk-Ceyhan pipeline between Iraq and Turkey on Friday, triggering a large fire, broadcaster CNN Turk reported.
Congo demands stronger mandate for reinforced UN troops
 
AFP - Congo's government demanded a stronger mandate for UN peacekeepers in the conflict-torn east Friday, while residents of a squalid refugee camp said soldiers killed a woman during a looting spree.
Obama picks Geithner for Treasury: report
 
CHICAGO (Reuters) - President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on Friday.
Obama may consider Summers as Fed chief: Democrat
 
CHICAGO (Reuters) - U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday.
Citigroup shares drop; CEO plans to keep Smith Barney
 
NEW YORK (Reuters) - Citigroup Inc Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence, but shares still tumbled for a fifth straight day.
U.S. seeks Afghan troop increase before elections
 
CORNWALLIS, Nova Scotia (Reuters) - U.S. Defense Secretary Robert Gates said on Friday he expected to move five combat brigades into Afghanistan next year and wanted at least some of them in place before the country's election next fall, stressing this was a top priority.
Bush, Hu to meet ahead of APEC summit
 
LIMA (Reuters) - U.S. President George W. Bush and Chinese President Hu Jintao planned to discuss North Korea's nuclear program on Friday evening as Asia Pacific leaders gathered for an annual economic summit amid the worst financial crisis since the 1930s.
Fed's Geithner to be tapped for Treasury: reports
 
WASHINGTON (Reuters) - Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday.
Geithner likely treasury pick; Clinton 'on track'
 
AP - President-elect Barack Obama is likely to name Timothy Geithner, president of the New York Federal Reserve, as Treasury Secretary in a time of intense economic turmoil as he rounds out the upper echelon of his Cabinet, a senior Democratic official familiar with the deliberations said Friday.
Dow ends up nearly 500 on Geithner treasury report
 
AP - Wall Street staged a surprising comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally, ending another volatile week that saw stocks reach six-year lows.
Iraqi Shiites burn Bush effigy in anti-US protest
 
AP - Chanting 'no to America,' supporters of a radical Shiite cleric burned an effigy of President George W. Bush Friday in a protest demanding parliament scuttle a U.S.-Iraqi security pact and American troops begin withdrawing from Iraq immediately.
Germany dropping its attempt to ban Scientology
 
AP - Germany is dropping its pursuit of a ban on Scientology after finding insufficient evidence of illegal activity, security officials said Friday.
Fla. teen commits suicide with live Web audience
 
AP - A college student committed suicide by taking a drug overdose in front of a live webcam as some computer users egged him on, others tried to talk him out of it, and another messaged OMG in horror when it became clear it was no joke.
Suspect arrested for greasy imprints in Neb. town
 
AP - Police have arrested a man suspected of leaving greasy, graphic imprints on the windows of stores, churches and schools in a small Nebraska town. A 35-year-old man was caught in the act by police early Wednesday morning, Cherry County Attorney Eric Scott said Friday. The man hasn't been charged yet, but authorities believe he is the vandal some townsfolk have dubbed the 'Butt Bandit.'
Warriors swap Harrington for Knicks' Crawford
 
AP - The Golden State Warriors traded disgruntled forward Al Harrington to the Knicks for guard Jamal Crawford on Friday in a swap that addresses both the Warriors' injury problems and New York's salary cap concerns. 'I drafted Al back in 1998, and I think his talents are a great fit for our style of play,' Knicks president Donnie Walsh said in announcing the deal in a statement. 'This trade also gives us more long-term flexibility while enabling us to remain competitive this season.'
Geithner reportedly picked for Treasury; Clinton still in talks
 
Reuters - President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on Friday.
Obama may consider Summers as Fed chief: Democrat
 
Reuters - U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday.
Citigroup shares drop; CEO plans to keep Smith Barney
 
Reuters - Citigroup Inc Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence, but shares still tumbled for a fifth straight day.
U.S. seeks Afghan troop increase before elections
 
Reuters - U.S. Defense Secretary Robert Gates said on Friday he expected to move five combat brigades into Afghanistan next year and wanted at least some of them in place before the country's election next fall, stressing this was a top priority.
Bush, Hu to meet ahead of APEC summit
 
Reuters - U.S. President George W. Bush and Chinese President Hu Jintao planned to discuss North Korea's nuclear program on Friday evening as Asia Pacific leaders gathered for an annual economic summit amid the worst financial crisis since the 1930s.
Bush bows out, China assertive at APEC summit
 
AFP - US President George W. Bush began Friday his last scheduled foreign trip, meeting the leader of increasingly important China ahead of a summit aimed at containing a spiraling financial crisis.
Congo demands stronger mandate for UN troops
 
AFP - Congo demanded a stronger mandate for UN troops in the conflict-torn east Friday, while residents of a squalid refugee camp said government soldiers killed a woman during a looting spree.
Obama moves to pick Geithner for Treasury
 
CHICAGO (Reuters) - President-elect Barack Obama on Friday moved toward nominating Timothy Geithner as Treasury secretary and charging the respected head of the New York Federal Reserve with helping pull the United States out of an economic nosedive.
GM cuts output, jets as U.S. demands turnaround plans
 
DETROIT/WASHINGTON (Reuters) - Detroit automakers began work on turnaround plans demanded by Congress in return for $25 billion in aid as General Motors Corp said it would cut production more and give up two of its controversial corporate jets.
Citigroup shares drop and CEO plans to keep Smith Barney
 
NEW YORK (Reuters) - Citigroup Inc shares tumbled for a fifth straight day on doubts about its survival prospects after its chief executive downplayed speculation the bank might sell major businesses or merge with a rival.
Wall Street stages late rally on Geithner news
 
NEW YORK (Reuters) - U.S. stocks stormed higher in a late rally on Friday to cap another volatile week as investors welcomed reports that President-elect Barack Obama has chosen his point person to combat the U.S. economic crisis, instilling confidence about the administration's ability to take action.
U.S. seeks Afghan troop increase
 
CORNWALLIS, Nova Scotia (Reuters) - U.S. Defense Secretary Robert Gates said on Friday the United States was trying to fill a request for additional combat brigades in Afghanistan next year and that he wanted at least some of the troops in place before the country's election next fall.
Two Broadway shows join growing list of casualties
 
NEW YORK (Reuters) - Two more Broadway shows fell by the wayside this week but the head of an industry trade association said it was part of natural selection in a tough business rather than the result of the economic crisis.
Space station's new urine recycler has glitches
 
HOUSTON (Reuters) - NASA is having problems with a $250 million system it just delivered to the International Space Station to recycle urine and other wastewater into drinking water for astronauts.
Dow up 494 as Obama prepares to name treasury boss
 
AP - Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap the chief of the New York Federal Reserve as the next treasury secretary and hand him the herculean task of righting the U.S. financial system.
Obama keeps low profile in auto rescue talks
 
AP - While President-elect Barack Obama publicly sidelined himself during congressional debate over an auto industry bailout this week, he and his top aides quietly prodded congressional leaders to find a solution to rescue struggling automakers.
Germany drops attempt to ban Scientology after 10 yrs of surveillance
 
AP - Germany is dropping its pursuit of a ban on Scientology after finding insufficient evidence of illegal activity, security officials said Friday.
Knicks trade Randolph, Collins to Clips for Mobley
 
AP - The Los Angeles Clippers filled their void in the post Friday, acquiring forward Zach Randolph and guard Mardy Collins from the New York Knicks for Cuttino Mobley and Tim Thomas.
Obama may consider Lawrence Summers as Fed chief: Democrat
 
Reuters - U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday.
GM cuts output, jets as U.S. demands turnaround plans
 
Reuters - Detroit automakers began work on turnaround plans demanded by Congress in return for $25 billion in aid as General Motors Corp said it would cut production more and give up two of its controversial corporate jets.
Citigroup shares drop and CEO plans to keep Smith Barney
 
Reuters - Citigroup Inc shares tumbled for a fifth straight day on doubts about its survival prospects after its chief executive downplayed speculation the bank might sell major businesses or merge with a rival.
U.S. seeks Afghan troop increase
 
Reuters - U.S. Defense Secretary Robert Gates said on Friday the United States was trying to fill a request for additional combat brigades in Afghanistan next year and that he wanted at least some of the troops in place before the country's election next fall.
Obama moves to pick Timothy Geithner for Treasury
 
CHICAGO (Reuters) - President-elect Barack Obama on Friday moved toward nominating Timothy Geithner as Treasury secretary and charging the respected head of the New York Federal Reserve with helping pull the United States out of an economic nosedive.
Citigroup talking to govt as shares dive: source
 
NEW YORK (Reuters) - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
U.S. eyes "surge" of over 20,000 for Afghanistan
 
CORNWALLIS, Nova Scotia (Reuters) - The Pentagon is considering a plan to send more than 20,000 troops to Afghanistan over the next 12 to 18 months to help safeguard elections and quell rising Taliban violence, officials said on Friday.
Bush, Hu discuss North Korea ahead of APEC summit
 
LIMA (Reuters) - U.S. President George W. Bush held talks on ending North Korea's nuclear program with Chinese leader Hu Jintao on Friday, the first in a series of meetings U.S. officials hope will lead to a renewal of six-party talks by early December.
Gates would like to add US forces in Afghanistan
 
AP - Defense Secretary Robert Gates said Friday he would like to add significant U.S. forces to the war in Afghanistan before national elections scheduled for next year, and that grim depictions of backsliding in the seven-year-old war are 'far too pessimistic.'
Knicks set themselves up for 2010 with 2 deals
 
AP - The New York Knicks traded Zach Randolph and Jamal Crawford in separate deals Friday, parting with their two top scorers to free up coveted salary-cap space for the summer of 2010. Crawford was sent to Golden State for forward Al Harrington. Hours later, Randolph was shipped to the Los Angeles Clippers along with reserve guard Mardy Collins for Cuttino Mobley and Tim Thomas.
Obama moves to pick Timothy Geithner for Treasury
 
Reuters - President-elect Barack Obama on Friday moved toward nominating Timothy Geithner as Treasury secretary and charging the respected head of the New York Federal Reserve with helping pull the United States out of an economic nosedive.
Citigroup talking to govt as shares dive: source
 
Reuters - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
U.S. eyes "surge" of over 20,000 for Afghanistan
 
Reuters - The Pentagon is considering a plan to send more than 20,000 troops to Afghanistan over the next 12 to 18 months to help safeguard elections and quell rising Taliban violence, officials said on Friday.
Bush, Hu discuss North Korea ahead of APEC summit
 
Reuters - U.S. President George W. Bush held talks on ending North Korea's nuclear program with Chinese leader Hu Jintao on Friday, the first in a series of meetings U.S. officials hope will lead to a renewal of six-party talks by early December.
Citigroup talking to U.S. government as shares dive: source
 
NEW YORK (Reuters) - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
Iran fails to halt U.N. assembly rights resolution
 
UNITED NATIONS (Reuters) - Western nations claimed a success on Friday when a U.N. General Assembly resolution condemning human rights violations in Iran passed through a key committee more easily than in the past.
Even Google scales back on holiday fun
 
SAN FRANCISCO (Reuters) - Internet search giant Google Inc is known for hosting the most extravagant holiday parties in Silicon Valley, often drawing crowds of over 10,000 and prompting some employees to post ads for party dates on classifieds Website Craigslist.
Citigroup talking to U.S. government as shares dive: source
 
Reuters - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
Suspected U.S. missile strike kills 4 in Pakistan
 
Reuters - A suspected U.S. drone aircraft fired a missile in the North Waziristan tribal region of Pakistan killing at least four people, according to Pakistani intelligence officials.
Iran fails to halt U.N. assembly rights resolution
 
Reuters - Western nations claimed a success on Friday when a U.N. General Assembly resolution condemning human rights violations in Iran passed through a key committee more easily than in the past.

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