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Chrysler poised to close sale, exit Chapter 11
AP - With opponents of Chrysler's planned partnership with Italy's Fiat having exhausted their appeals, the Obama administration-backed sale could close early Wednesday — putting the automaker close to its goal of a speedy exit from bankruptcy protection.
Pakistani investigators seek clues in hotel blast
AP - Investigators searched a wrecked luxury hotel in northwestern Pakistan on Wednesday for clues after a bold suicide bombing that killed 11 people, including aid workers, in what the U.N. condemned as a 'heinous terrorist attack.'
Magic shoot 63 percent in 108-104 win over Lakers
AP - Missing for two games, Orlando found its Magic touch.
15 dead in Pakistan hotel blast, Taliban blamed
AFP - Pakistani police have scoured the charred rooms of a luxury hotel in northwest Peshawar for clues after a suicide car bomb killed 15 people in the city troubled by Taliban violence.
Fiat closing in on Chrysler deal, shares rise
WASHINGTON/DETROIT (Reuters) - The U.S. Supreme Court on Tuesday cleared the way for the sale of Chrysler LLC to Italy's Fiat, while General Motors began to revamp its widely criticized board by naming former AT&T Inc chief executive Ed Whitacre as chairman.
Russia says expecting new North Korea missile test
SEOUL (Reuters) - Russia has information on North Korean plans to launch a ballistic missile but does not know when it will take place, Interfax news agency quoted a senior Russian military source as saying on Wednesday.
Militants attack Pakistani hotel; 7 dead, 64 hurt
PESHAWAR, Pakistan (Reuters) - Rescuers scoured the wreckage of Peshawar's top hotel for victims on Wednesday after a suicide bomb killed at least seven people, the latest militant attack retaliating for a Pakistani army offensive in the Swat valley.
Palau to take Uighur detainees from Guantanamo
AP - The remote Pacific island nation of Palau said Wednesday it has agreed to a U.S. request to temporarily resettle up to 17 Chinese Muslims now held at the Guantanamo Bay detention center on Cuba.
Trial of Guantanamo detainee tests US legal system
AP - Ahmed Ghailani already was a terrorism suspect with an extraordinary resume — alleged aide to Osama bin Laden, suspected bomb maker, former prisoner of war. Now he's the first Guantanamo detainee headed for trial in the United States.
Car bomb kills 15 in southern Shiite area in Iraq
AP - Iraqi officials say at least 15 people have been killed and dozens wounded in a car bombing in a Shiite area in the country's south.
US releases video of Afghan grenade attack
AP - The U.S. military on Wednesday released a grainy video of a grenade explosion that killed two Afghans and wounded more than 50, while President Hamid Karzai ordered a government investigation into the incident.
Pakistani hotel blast victims include aid workers
AP - Investigators searched a wrecked luxury hotel in northwestern Pakistan for evidence Wednesday after a bold suicide bombing killed 11 people, including aid workers, in what the U.N. condemned as a 'heinous terrorist attack.'
Travel habits prompt conflict of interest concerns
AP - Pentagon employees have received millions of dollars in free travel and lodging from foreign countries, trade groups and companies with an interest in shaping policies or doing business with the U.S. military.
Russia says expecting new North Korea missile test
Reuters - Russia has information on North Korean plans to launch a ballistic missile but does not know when it will take place, Interfax news agency quoted a senior Russian military source as saying on Wednesday.
Militants attack Pakistani hotel; 7 dead, 64 hurt
Reuters - Rescuers scoured the wreckage of Peshawar's top hotel for victims on Wednesday after a suicide bomb killed at least seven people, the latest militant attack retaliating for a Pakistani army offensive in the Swat valley.
16 dead in Pakistan hotel blast, Taliban blamed
AFP - Pakistani police have pulled bodies from the charred rubble of a luxury hotel in northwest Peshawar after a suicide car bomb killed 16 people in the city troubled by Taliban violence.
Submarine to begin Air France black box search
PARIS (Reuters) - A French submarine with advanced sonar equipment is due to begin searching on Wednesday for the flight recorders of the Air France airliner which crashed into the Atlantic Ocean last week, the French military said.
Militants attack Pakistani hotel; 7 dead, more missing
PESHAWAR, Pakistan (Reuters) - Rescuers scoured the wreckage of Peshawar's top hotel for victims on Wednesday after a suicide bomb killed at least seven people, the latest militant attack in retaliation for a Pakistani army offensive in the Swat valley.
Palau to take Uighur detainees from Guantanamo Bay
AP - The tropical Pacific island nation of Palau announced Wednesday it will accept up to 17 Chinese Muslims who have languished in legal limbo at Guantanamo Bay despite a Pentagon determination that they are not 'enemy combatants.'
Searchers at fatal NC plant blast hampered by roof
AP - Searchers will attempt to enter a North Carolina meat products plant that was ripped by an explosion that killed at least two workers. One person is still unaccounted for.
Magic tighten series with 108-104 win over Lakers
AP - Rashard Lewis stood at the free-throw line with less than one second left as several workers hurriedly broomed off confetti that had fallen prematurely onto the Amway Arena floor.
Submarine to begin Air France black box search
Reuters - A French submarine with advanced sonar equipment is due to begin searching on Wednesday for the flight recorders of the Air France airliner which crashed into the Atlantic Ocean last week, the French military said.
Militants attack Pakistani hotel; 7 dead, more missing
Reuters - Rescuers scoured the wreckage of Peshawar's top hotel for victims on Wednesday after a suicide bomb killed at least seven people, the latest militant attack in retaliation for a Pakistani army offensive in the Swat valley.
Iraq market bombing kills 28
AFP - A car bomb exploded in a market in a southern Iraqi town on Wednesday, killing 28 people including women and children in the bloodiest attack to hit the country in weeks.
Fiat to close Chrysler deal, shares rise
MILAN (Reuters) - Italian car maker Fiat SpA was set to close its takeover of Chrysler on Wednesday in an ambitious move to survive and grow out of one of the worst crises in global auto industry.
French submarine to begin black box crash search
PARIS (Reuters) - A French submarine with advanced sonar equipment was due to begin searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
Peshawar hotel attack exposes Pakistan's insecurity
PESHAWAR, Pakistan (Reuters) - Pakistani security cameras showed on Wednesday barriers were lowered at the entrance to Peshawar's top hotel just before militants drove into the forecourt and exploded a truck bomb, killing at least nine people, including two foreign U.N. workers.
Aid workers among 11 dead in Pakistani hotel blast
AP - Investigators searched a wrecked luxury hotel in northwestern Pakistan for evidence Wednesday after a bold suicide bombing killed 11 people, including aid workers, in what the U.N. condemned as a 'heinous terrorist attack.'
Car bomb kills 35 in southern Shiite area in Iraq
AP - A car bomb ripped through a market district Wednesday in a mainly Shiite area in southern Iraq, killing as many as 35 people and wounding dozens, officials said.
Survey names Wendy's the top fast-food chain
AP - The chain that claims it's 'way better than fast food' did better than its competitors in a new survey. Wendy's has been named the top fast-food chain by restaurant guide publisher Zagat.
Israeli woman mistakenly junks $1 million mattress
AP - An Israeli woman mistakenly threw out a mattress with $1 million inside, setting off a frantic search through tons of garbage at a number of landfill sites, Israeli media reported Wednesday.
Fiat to close Chrysler deal, shares rise
Reuters - Italian car maker Fiat SpA was set to close its takeover of Chrysler on Wednesday in an ambitious move to survive and grow out of one of the worst crises in global auto industry.
French submarine to begin black box crash search
Reuters - A French submarine with advanced sonar equipment was due to begin searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
Obama envoy says Palestinian statehood only option
Reuters - U.S. envoy George Mitchell assured the Palestinians Wednesday of Washington's commitment to a state of their own, calling its establishment the only viable solution to their conflict with Israel.
Peshawar hotel attack exposes Pakistan's insecurity
Reuters - Pakistani security cameras showed on Wednesday barriers were lowered at the entrance to Peshawar's top hotel just before militants drove into the forecourt and exploded a truck bomb, killing at least nine people, including two foreign U.N. workers.
Iraq market bombing kills 19
AFP - A car bomb exploded in a market in a southern Iraqi town on Wednesday, killing 19 people including women and children in the bloodiest attack to hit the country in weeks.
Fiat closes Chrysler deal
(Reuters) - Chrysler Group LLC and Fiat SpA on Wednesday said they finalized their global strategic alliance.
Car bomb rips through south Iraq market, 32 killed
BAGHDAD (Reuters) - A car bomb ripped through a crowded market in southern Iraq on Wednesday, killing at least 32 people, and wounding 70, officials said.
Army repels Taliban in NW Pakistan after hotel blast
PESHAWAR, Pakistan (Reuters) - Pakistan launched a new operation against Taliban fighters in the northwest on Wednesday, a day after an attack on a luxury hotel in Peshawar killed at least nine people, including two foreign U.N. workers.
Obama envoy says Palestinian statehood only option
RAMALLAH, West Bank (Reuters) - U.S. envoy George Mitchell assured the Palestinians on Wednesday of Washington's commitment to a state of their own, calling its establishment the only viable solution to their conflict with Israel.
Fiat closes deal to take Chrysler's good assets
AP - Italy's Fiat is the new owner of the bulk of Chrysler's assets, closing a deal Wednesday that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat's CEO.
Car bomb in Iraq's south kills 29 people
AP - A rare car bomb ripped through a market in southern Iraq's Shiite heartland Wednesday as shoppers were buying meat and vegetables, killing at least 29 people and wounding dozens, officials said.
Palau to take Guantanamo's Chinese detainees
AP - Palau agreed to accept 17 Chinese Muslims who have languished in legal limbo at Guantanamo Bay, indicating a resolution to one of the major obstacles to closing the U.S. prison camp.
Deputy Tasers woman, 72, during traffic stop
AP - She dared a deputy constable to shock her with a Taser.
Fiat closes Chrysler deal
Reuters - Chrysler Group LLC and Fiat SpA on Wednesday said they finalized their global strategic alliance.
Car bomb rips through south Iraq market, 32 killed
Reuters - A car bomb ripped through a crowded market in southern Iraq on Wednesday, killing at least 32 people, and wounding 70, officials said.
Army repels Taliban in NW Pakistan after hotel blast
Reuters - Pakistan launched a new operation against Taliban fighters in the northwest on Wednesday, a day after an attack on a luxury hotel in Peshawar killed at least nine people, including two foreign U.N. workers.
Taliban blamed for Pakistan hotel blast
AFP - Pakistani police on Wednesday pulled bodies from the charred rubble of a luxury hotel in northwest Peshawar after a suicide car bomb killed 18 people in the city troubled by Taliban violence.
Car bomb rips through south Iraq market, 33 killed
BAGHDAD (Reuters) - A car bomb ripped through a crowded market in southern Iraq on Wednesday, killing at least 33 people and prompting angry protests by residents about the failure to protect them, officials and witnesses said.
North Korea faces new sanctions, may test missile
UNITED NATIONS (Reuters) - World powers on Wednesday agreed to expand sanctions to punish North Korea for its recent nuclear test and weapons program, as Russia said it expected the North to launch another provocative missile test.
French submarine begins black box crash search
PARIS (Reuters) - A French submarine with advanced sonar equipment began searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
U.S. citizen convicted of support for terrorism
ATLANTA (Reuters) - A U.S. court on Wednesday convicted a naturalized American citizen who made videos of U.S. landmarks of conspiring to provide material support to terrorism.
Accused Cuban spy couple ordered held in jail
WASHINGTON (Reuters) - A former U.S. State Department official and his wife, accused of spying for the Cuban government for nearly 30 years, were ordered Wednesday to be kept in jail until their trial.
Fiat closes deal to take bulk of Chrysler's assets
AP - Italy's Fiat is the new owner of most of Chrysler's assets, closing a deal Wednesday that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat's CEO.
Diplomats: Key nations agree on N. Korea sanctions
AP - Diplomats say seven key nations have agreed on new U.N. sanctions against North Korea for conducting a second nuclear test.
Car bomb in Iraq's south kills some 30 people
AP - A car bomb ripped through a market in southern Iraq's Shiite heartland Wednesday as shoppers were buying meat and vegetables, killing about 30 people and wounding dozens more, officials said.
Crews find 3rd body inside NC Slim Jim plant
AP - Authorities say they have found a third body inside a Slim Jim factory in North Carolina a day after an explosion wrecked the building.
'Slumdog' child star gets new home
AP - The makers of the hit movie 'Slumdog Millionaire' have bought a new home for one of the two child stars discovered in Mumbai's slums.
Car bomb rips through south Iraq market, 33 killed
Reuters - A car bomb ripped through a crowded market in southern Iraq on Wednesday, killing at least 33 people and prompting angry protests by residents about the failure to protect them, officials and witnesses said.
North Korea faces new sanctions, may test missile
Reuters - World powers on Wednesday agreed to expand sanctions to punish North Korea for its recent nuclear test and weapons program, as Russia said it expected the North to launch another provocative missile test.
French submarine begins black box crash search
Reuters - A French submarine with advanced sonar equipment began searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
U.S. citizen convicted of support for terrorism
Reuters - A U.S. court on Wednesday convicted a naturalized American citizen who made videos of U.S. landmarks of conspiring to provide material support to terrorism.
Accused Cuban spy couple ordered held in jail
Reuters - A former U.S. State Department official and his wife, accused of spying for the Cuban government for nearly 30 years, were ordered Wednesday to be kept in jail until their trial.
Powers reach deal on UN sanctions for N.Korea
AFP - Seven key UN powers on Wednesday reached a tentative deal on a draft resolution that would broaden UN sanctions on North Korea in reaction to its nuclear test last month, a diplomat said.
Chrysler, Fiat finalize global alliance
AFP - Chrysler and Fiat announced Wednesday they have finalized a global strategic alliance, forming a new Chrysler Group that will begin operations immediately.
Two people shot at U.S. Holocaust Museum: police
WASHINGTON (Reuters) - Two people were shot at the United States Holocaust Memorial Museum in Washington on Wednesday, police said.
U.N. powers agree on draft North Korea sanctions
UNITED NATIONS (Reuters) - World powers on Wednesday agreed to expand sanctions to punish North Korea for its recent nuclear test and weapons program, as Russia said it expected the North to launch another provocative missile test.
Geithner says shareholders need say in executive pay
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday the Obama administration wants Congress to pass new laws giving securities regulators power to force companies to let shareholders have more say in setting executive pay levels.
WHO may be poised to declare flu pandemic
GENEVA (Reuters) - The World Health Organization has called an emergency meeting of experts on Thursday to discuss the spreading H1N1 flu outbreak, in a sign the U.N. agency may be poised to declare a pandemic.
Gunman, guards exchange fire in Holocaust Museum
AP - A gunman exchanged fire with security guards inside the U.S. Holocaust Memorial Museum on Wednesday.
Fed survey sees signs recession is easing
AP - The economy's sharp downhill slide eased in the late spring and hopes for future business activity improved, suggesting that the worst of the recession has passed.
Geithner: No caps on pay for corporate executives
AP - Treasury Secretary Timothy Geithner says the Obama administration doesn't want to place caps on executives' pay — even though it believes excessive compensation led to risk-taking that contributed to the financial crisis.
Diplomats: Key nations agree on NKorea sanctions
AP - Western powers joined with North Korea's key allies Wednesday on a proposal that would impose tough new sanctions against the reclusive communist nation for its second nuclear test, paving the way for quick approval by the U.N. Security Council.
Car bomb in Iraq kills about 30 people
AP - A car bomb blew up Wednesday in a packed outdoor food market in one of the most peaceful areas of Iraq's Shiite south, killing about 30 people and wounding dozens more.
AP IMPACT: $2.5B spent, no alternative med cures
AP - Ten years ago the government set out to test herbal and other alternative health remedies to find the ones that work. After spending $2.5 billion, the disappointing answer seems to be that almost none of them do.
Two people shot at U.S. Holocaust Museum: police
Reuters - Two people were shot at the United States Holocaust Memorial Museum in Washington on Wednesday, police said.
U.N. powers agree on draft North Korea sanctions
Reuters - World powers on Wednesday agreed to expand sanctions to punish North Korea for its recent nuclear test and weapons program, as Russia said it expected the North to launch another provocative missile test.
Geithner says shareholders need say in executive pay
Reuters - U.S. Treasury Secretary Timothy Geithner said on Wednesday the Obama administration wants Congress to pass new laws giving securities regulators power to force companies to let shareholders have more say in setting executive pay levels.
WHO may be poised to declare flu pandemic
Reuters - The World Health Organization has called an emergency meeting of experts on Thursday to discuss the spreading H1N1 flu outbreak, in a sign the U.N. agency may be poised to declare a pandemic.
At least nine dead in Pakistan luxury hotel blast, Taliban blamed
AFP - Rescuers have pulled at least nine bodies from the rubble of a luxury hotel in northwest Pakistan hit by a suicide car bomb, as blame fell Wednesday on Taliban rebels avenging a military push.
Seven powers reach deal on UN NKorea sanctions
AFP - Seven key powers reached a tentative deal Wednesday on a draft UN Security Council resolution that would expand sanctions to punish North Korea for its recent nuclear test, with a vote expected by week's end.
Gunman shoots guard at U.S. Holocaust Museum
WASHINGTON (Reuters) - An elderly gunman, believed linked to an anti-Jewish website, shot a security guard at the United States Holocaust Memorial Museum on Wednesday before being wounded when guards returned fire, officials said.
French submarine begins Airbus black box search
PARIS (Reuters) - A French nuclear submarine with advanced sonar equipment began searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
Elderly gunman opens fire at Holocaust Museum
AP - An elderly gunman opened fire with a rifle inside the crowded U.S. Holocaust Memorial Museum on Wednesday, gravely wounding a security guard before being shot. Authorities said they were investigating a white supremacist as the suspect. The assailant and his victim were both hospitalized, said Washington, D.C., Mayor Adrian Fenty, who added that the gunman was in critical condition.
Geither: Admin. won't seek exec pay cap limits
AP - Treasury Secretary Timothy Geithner says the Obama administration doesn't want to place caps on executives' pay — even though it believes excessive compensation led to risk-taking that contributed to the financial crisis.
Ahmadinejad lashes out at rival before Iran vote
AP - Iran's hard-line president took a final shot at his rivals Wednesday during his last public pre-election rally, accusing them of resorting to a smear campaign against him similar to the one used by Adolf Hitler's propaganda minister.
Republicans ask Sotomayor for more documents
AP - Senate Republicans are asking Supreme Court nominee Sonia Sotomayor to cough up more documents from her past. The GOP senators on the Judiciary Committee say Sotomayor's response to a detailed questionnaire was 'incomplete.' In a letter to Sotomayor Wednesday, they're requesting a long list of additions they say they need to evaluate her record.
US-Mex border fence completion eludes government
AP - Nearly six months after the U.S.-Mexico border fence ordered by the Bush administration was supposed to be finished, its completion is in limbo while a judge waits answers to questions about private property in the fence's path.
Va. women's prison segregated lesbians, others
AP - For more than a year, Virginia's largest women's prison rounded up inmates who had loose-fitting clothes, short hair or otherwise masculine looks, sending them to a unit officers derisively dubbed the 'butch wing,' prisoners and guards say.
Donald Trump ousts Prejean as Miss California
AP - It's official: Controversial Miss California Carrie Prejean has heard the words 'you're fired' from pageant boss Donald Trump. Trump issued a statement Wednesday saying he sacked Prejean for failing to honor her commitments as Miss California USA.
Gunman shoots guard at U.S. Holocaust Museum
Reuters - An elderly gunman, believed linked to an anti-Jewish website, shot a security guard at the United States Holocaust Memorial Museum on Wednesday before being wounded when guards returned fire, officials said.
Fiat closes Chrysler deal; new management team named
Reuters - Fiat SpA closed its acquisition of Chrysler's strongest assets on Wednesday, a key step in the Italian carmaker's ambitious plan to create a global player to ride out the worldwide auto sales downturn.
U.S. names Feinberg "pay czar" of bailout companies
Reuters - The Obama administration on Wednesday named Kenneth Feinberg, the lawyer who oversaw the government's compensation fund for victims of the September 11, 2001, attacks, as its pay czar to police compensation of top earners at companies receiving 'exceptional' government aid.
French submarine begins Airbus black box search
Reuters - A French nuclear submarine with advanced sonar equipment began searching on Wednesday for the flight recorders of an Air France airliner that crashed into the Atlantic last week, the French military said.
Gunman kills guard at U.S. Holocaust Museum
WASHINGTON (Reuters) - An elderly gunman linked to an anti-Jewish website killed a security guard at the U.S. Holocaust Memorial Museum in Washington on Wednesday and was wounded when guards returned fire, officials said.
Fiat closes Chrysler deal; new management team named
DETROIT/MILAN (Reuters) - Fiat SpA closed its acquisition of Chrysler's strongest assets on Wednesday, a key step in the Italian carmaker's ambitious plan to create a global player to ride out the worldwide auto sales downturn.
U.S. names 9/11's Feinberg "pay czar" of bailout companies
WASHINGTON (Reuters) - The Obama administration on Wednesday named Kenneth Feinberg, the lawyer who oversaw the government's compensation fund for victims of the September 11, 2001, attacks, as its pay czar to police compensation of top earners at companies receiving 'exceptional' government aid.
New York Times hires Goldman to sell Globe: report
NEW YORK (Reuters) - The New York Times Co has hired Goldman Sachs to manage the possible sale of The Boston Globe, and plans to request bids in the next couple of weeks, The Boston Globe reported on Wednesday.
Elderly gunman kills guard at Holocaust Museum
AP - An 88-year-old gunman with a violent and virulently anti-Semitic past opened fire with a rifle inside the crowded U.S. Holocaust Memorial Museum on Wednesday, fatally wounding a security guard before being shot himself by other officers, authorities said.
Administration seeks ways to tame corporate pay
AP - Talking tough but stepping gently, the Obama administration rejected direct intervention in corporate pay decisions Wednesday even as officials argued that excessive compensation in the private sector contributed to the nation's financial crisis. Instead, the administration plans to seek legislation that would try to tame compensation at publicly traded companies through shareholder pressure and less management influence on pay decisions.
Neb. doc plans to offer 3rd-term abortions in Kan.
AP - A Nebraska doctor said Wednesday that he will perform third-term abortions in Kansas after the slaying of abortion provider George Tiller, but declined to say whether his plans include opening a new facility or offering the procedure at an existing practice.
Huckabee warns Republicans against 'mushy middle'
AP - Former Arkansas Gov. Mike Huckabee warned Republicans Wednesday against moving to the 'mushy middle,' arguing that only clearly stated conservative policies can bring the party back to power.
Gunman kills guard at U.S. Holocaust Museum
Reuters - An elderly gunman linked to an anti-Jewish website killed a security guard at the U.S. Holocaust Memorial Museum in Washington on Wednesday and was wounded when guards returned fire, officials said.
U.S. names 9/11's Feinberg "pay czar" of bailout companies
Reuters - The Obama administration on Wednesday named Kenneth Feinberg, the lawyer who oversaw the government's compensation fund for victims of the September 11, 2001, attacks, as its pay czar to police compensation of top earners at companies receiving 'exceptional' government aid.
New York Times hires Goldman to sell Globe: report
Reuters - The New York Times Co has hired Goldman Sachs to manage the possible sale of The Boston Globe, and plans to request bids in the next couple of weeks, The Boston Globe reported on Wednesday.
California nears financial "meltdown" as revs tumble
SAN FRANCISCO (Reuters) - California's government risks a financial 'meltdown' within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday.
U.S. moves to clamp on executive pay, names pay czar
WASHINGTON (Reuters) - The Obama administration on Wednesday named Kenneth Feinberg, the lawyer who oversaw the government's compensation fund for victims of the September 11, 2001, attacks, as its pay czar to police compensation of top earners at companies receiving 'exceptional' government aid.
California nears financial "meltdown" as revs tumble
Reuters - California's government risks a financial 'meltdown' within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday.
U.S. moves to clamp on executive pay, names pay czar
Reuters - The Obama administration on Wednesday named Kenneth Feinberg, the lawyer who oversaw the government's compensation fund for victims of the September 11, 2001, attacks, as its pay czar to police compensation of top earners at companies receiving 'exceptional' government aid.
Dismal job market for graduating U.S. students
BOSTON (Reuters) - Facing the worst job market in a generation, students graduating from America's universities say they are willing to do just about anything for work.
Mo. family Christmas photo turns up in Czech ad
AP - It's an international mystery: How did a Missouri family's Christmas card photo end up in the Czech Republic, splashed across a huge storefront advertisement? Danielle Smith said Wednesday that the photo taken of her family last year got sent to family and friends, and was posted on her blog and a few social networking sites. The photo showed her and her husband Jeff holding their two young children.
Jets, rookie QB Sanchez agree to 5-year deal
AP - Mark Sanchez wanted no contract squabbles or training camp headaches. The New York Jets' rookie quarterback got his big deal — and a huge sense of relief — before minicamp was even completed, signing a five-year deal Wednesday that could be worth up to $60 million, including $28 million guaranteed.
Guard killed in Washington Holocaust museum attack
AFP - An elderly white supremacist with a history of anti-Semitic tirades has opened fire inside the national Holocaust Memorial Museum, fatally wounding a security guard before being shot by return fire.
Fire forces Jetstar A330 emergency landing
AFP - An Australian budget flight from Japan was forced into an emergency landing on the Pacific island of Guam after a fire broke out in the cockpit, company officials said on Thursday.
Gunman shoots, kills guard at Holocaust Museum
AP - An 88-year-old gunman with a violent and virulently anti-Semitic past opened fire with a rifle inside the crowded U.S. Holocaust Memorial Museum on Wednesday, fatally wounding a security guard before being shot himself by other officers, authorities said.
Fleeing car hits Philly crowd, killing 3 children
AP - A car fleeing a robbery scene and being chased by police Wednesday night jumped a curb and crashed into a crowd, killing three young children in front of their home and gravely injuring a woman, authorities said.
At new Chrysler, problems of old Chrysler linger
AP - Chrysler may have been granted a fresh start, but it still faces old problems: how to sell enough cars and realign its fleet away from the trucks and SUVs consumers seem to no longer want or be able to afford.
Foreclosures fall 6 percent in May from April
AP - The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years.
Tests: Adenhart driver had alcohol before crash
AP - Alcohol was found in the woman who was driving Los Angeles Angels pitcher Nick Adenhart before they were both killed in a collision in April, according to toxicology tests released Wednesday.
California nears financial "meltdown" as revenues tumble
Reuters - California's government risks a financial 'meltdown' within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday.
Australia probes A330 blaze after forced landing
AFP - An Australian flight has been forced to make an emergency landing on a remote Pacific island, just days after an Air France tragedy involving the same model of Airbus plane, officials have said.
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