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U.S. to take control of Fannie and Freddie: reports

WASHINGTON/NEW YORK, Sep. 6, 2008 (Reuters) — The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history. ...  > full story
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Rice meets Gaddafi on historic Libya visit

TRIPOLI, Sep. 6, 2008 (Reuters) — Secretary of State Condoleezza Rice met Libyan leader Muammar Gaddafi -- once reviled as a "mad dog" by a U.S. president -- on Friday on a historic visit which she said proved that Washington had no permanent enemies. ...  > full story
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Pakistan presidency vote begins

ISLAMABAD, Sep. 6, 2008 (Reuters) — Members of Pakistan's parliament and four provincial assemblies began voting in a presidential election on Saturday to choose a replacement for Pervez Musharraf, who resigned last month. ...  > full story
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Woman locked in cabin in Sweden for nine years

STOCKHOLM, Sep. 6, 2008 (Reuters) — A 58-year-old man suspected of keeping a woman locked up in a tiny cabin in southern Sweden for nine years has been ordered by a court to be held in custody, local media reported. ...  > full story
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U.S. urges N.Korea to make next move

BEIJING, Sep. 6, 2008 (Reuters) — The United States remains willing to remove North Korea from a list of terror-sponsoring states as soon as the North agrees rules to check its nuclear disclosures, Washington's envoy in disarmament talks said on Saturday. ...  > full story
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Hurricane Ike targets Gulf as Hanna hits Carolinas

SALVO, North Carolina, Sep. 5, 2008 (Reuters) — Fierce Hurricane Ike weakened as it charged across the Atlantic on Friday and took aim at south Florida and the oil fields of the Gulf of Mexico, while Tropical Storm Hanna buffeted the Carolinas after killing at least 529 people in Haiti. ...  > full story
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Boeing machinists to strike as contract talks fail

NEW YORK/EVERETT, Washington, Sep. 5, 2008 (Reuters) — Boeing Co's 27,000-strong machinists' union declared it will strike at midnight Pacific time on Friday, as the plane maker failed to improve its contract offer after two days of emergency talks. ...  > full story
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Iraq wants explanation on reported U.S. spying on PM

BAGHDAD, Sep. 5, 2008 (Reuters) — Iraq will seek an explanation from U.S. officials about a report asserting the United States spied on Iraqi officials, including Prime Minister Nuri al-Maliki, the Iraqi government spokesman said on Friday. ...  > full story
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Jobless rate at 5-year high

WASHINGTON, Sep. 5, 2008 (Reuters) — An unexpectedly steep 84,000 U.S. jobs were lost in August and the national unemployment rate hit a five-year high of 6.1 percent, fanning worry ahead of November's presidential vote about rising recession risks. ...  > full story
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Serena and Jankovic to meet in title clash

NEW YORK, Sep. 5, 2008 (Reuters) — Jelena Jankovic and Serena Williams each had one eye on brewing thunderstorms as they booked their places in the U.S. Open women's final with efficient victories in blustery conditions on Friday. ...  > full story
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World News

Rice meets Gaddafi on historic Libya visit

TRIPOLI, Sep. 6, 2008 (Reuters) — Secretary of State Condoleezza Rice met Libyan leader Muammar Gaddafi -- once reviled as a "mad dog" by a U.S. president -- on Friday on a historic visit which she said proved that Washington had no permanent enemies. ...  > full story

Pakistan presidency vote begins

ISLAMABAD, Sep. 6, 2008 (Reuters) — Members of Pakistan's parliament and four provincial assemblies began voting in a presidential election on Saturday to choose a replacement for Pervez Musharraf, who resigned last month. ...  > full story

Woman locked in cabin in Sweden for nine years

STOCKHOLM, Sep. 6, 2008 (Reuters) — A 58-year-old man suspected of keeping a woman locked up in a tiny cabin in southern Sweden for nine years has been ordered by a court to be held in custody, local media reported. ...  > full story

U.S. urges N.Korea to make next move

BEIJING, Sep. 6, 2008 (Reuters) — The United States remains willing to remove North Korea from a list of terror-sponsoring states as soon as the North agrees rules to check its nuclear disclosures, Washington's envoy in disarmament talks said on Saturday. ...  > full story

Politics

McCain and Obama clash on economy

CEDARBURG, Wisconsin, Sep. 5, 2008 (Reuters) — Presidential rivals John McCain and Barack Obama, back on the campaign trail after their party conventions, clashed over the ailing U.S. economy on Friday as unemployment hit its highest monthly rate in nearly five years. ...  > full story

Tough tanker decision looms for Bush administration

WASHINGTON, Sep. 5, 2008 (Reuters) — The U.S. Defense Department said Friday it was still aiming to award a long-delayed $35 billion aerial-refueling plane deal before the Bush administration leaves office, even as it delayed yet again a final request for bids. ...  > full story

Washington to pull plans for Russian nuclear deal

WASHINGTON, Sep. 5, 2008 (Reuters) — The Bush administration will withdraw a civilian nuclear pact with Russia soon as a penalty for its invasion of Georgia last month, a State Department official said on Friday. ...  > full story

John McCain speech draws record TV ratings

LOS ANGELES, Sep. 5, 2008 (Reuters) — Republican presidential candidate John McCain beat Democratic rival Barack Obama in the crucial battle to attract U.S. television viewers during their race to the White House, according to figures released on Friday. ...  > full story

Business

U.S. to take control of Fannie and Freddie: reports

WASHINGTON/NEW YORK, Sep. 6, 2008 (Reuters) — The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history. ...  > full story

Boeing machinists to strike as contract talks fail

NEW YORK/EVERETT, Washington, Sep. 5, 2008 (Reuters) — Boeing Co's 27,000-strong machinists' union declared it will strike at midnight Pacific time on Friday, as the plane maker failed to improve its contract offer after two days of emergency talks. ...  > full story

Citi could sell Primerica, Texas business: Ladenburg's Bove

NEW YORK, Sep. 5, 2008 (Reuters) — Citigroup could sell its Primerica financial services unit and its First American banking subsidiary in Texas as the bank continues to restructure its business, Ladenburg Thalmann analyst Richard Bove said in a research note. ...  > full story

Jobless rate at 5-year high

WASHINGTON, Sep. 5, 2008 (Reuters) — An unexpectedly steep 84,000 U.S. jobs were lost in August and the national unemployment rate hit a five-year high of 6.1 percent, fanning worry ahead of November's presidential vote about rising recession risks. ...  > full story

Science

Storms delay space shuttle launch to Hubble

CAPE CANAVERAL, Florida, Sep. 5, 2008 (Reuters) — Space shuttle Atlantis' launch on a final mission to service the Hubble Space Telescope has been delayed because of tropical storms, NASA said on Friday. ...  > full story

New fingerprint method could unlock cold cases

LONDON, Sep. 5, 2008 (Reuters) — It's a discovery that would make even Sherlock Holmes proud. British scientists have developed a new crime-fighting technique that allows police to lift fingerprints from bullets even if a criminal has wiped down a shell casing. ...  > full story

Experts offer scaled-back sea level rise forecast

WASHINGTON, Sep. 4, 2008 (Reuters) — Worldwide sea levels may rise by about 2.6 to 6.6 feet by 2100 thanks to global warming, but dire predictions of larger increases seem unrealistic, U.S. scientists said on Thursday. ...  > full story

Gene trawl shows curing cancer harder than thought

WASHINGTON, Sep. 4, 2008 (Reuters) — Cancer experts who probed every gene in tumors from two of the hardest-to-treat cancers found that cancer is much more complicated than anyone thought -- and say they found why a cure is so unlikely after a tumor has spread. ...  > full story

Entertainment

Fall Out Boy rolls out viral campaign for "Folie"

NEW YORK, Sep. 6, 2008 (Billboard) — A starlet having lunch at the Ivy is not a rare sight in Los Angeles; it's common knowledge that the restaurant is the place to see and be seen by the paparazzi. ...  > full story

"Gimme More" songwriter steps up to the mic

LOS ANGELES, Sep. 6, 2008 (Billboard) — Keri Hilson is already a successful songwriter. Her enviable list of credits includes songs for Britney Spears ("Gimme More"), Mary J. Blige ("Take Me As I Am"), Ludacris ("Runaway Love") and Usher ("Love in This Club"). ...  > full story

Columbia snares two more "Spider-Man" films

LOS ANGELES, Sep. 6, 2008 (Hollywood Reporter) — Tobey Maguire and Sam Raimi, star and director of the "Spider-Man" films, aim to spin more webs for Sony's Columbia Pictures. ...  > full story

Hispanic radio targets young listeners

MIAMI, Sep. 6, 2008 (Billboard) — Hispanic radio is showing new interest in reaching a bilingual and bicultural population. ...  > full story

Sports

Olajuwon and Ewing inducted into Hall of Fame

LOS ANGELES, Sep. 6, 2008 (Reuters) — Hakeem Olajuwon and Patrick Ewing were among seven new members inducted into the basketball Hall of Fame on Friday. ...  > full story

NASCAR Sprint Cup race postponed

LOS ANGELES, Sep. 5, 2008 (Reuters) — NASCAR's Chevy Rock & Roll 400 Sprint Cup race, originally scheduled for Saturday in Richmond, Virginia, has been postponed until Sunday due to rain from Tropical Storm Hanna, NASCAR said on its website. ...  > full story

Rangers' Kinsler to have season-ending surgery

LOS ANGELES, Sep. 5, 2008 (Reuters) — Texas Rangers All-Star Ian Kinsler it to have season-ending surgery to repair a hernia, the team said on its website on Friday. ...  > full story

Serena and Jankovic to meet in title clash

NEW YORK, Sep. 5, 2008 (Reuters) — Jelena Jankovic and Serena Williams each had one eye on brewing thunderstorms as they booked their places in the U.S. Open women's final with efficient victories in blustery conditions on Friday. ...  > full story
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NEWS FROM THE NET

Related Articles

  • Gov't May Back Fannie And Freddie, Report Says
    Sep. 5, 2008 (ABC 5 Cleveland (WEWS)) — There could be an announcement this weekend of federal help for mortgage lenders Fannie Mae and Freddie Mac.. . The Wall Street Journal said ...
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