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Yahoo! News: Top Stories
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Top Stories
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Democrats: Obama needs hands-on economic approach
(AP)
AP - Democrats are growing impatient with President-elect Barack Obama's refusal to inject himself in the major economic crises confronting the country. Obama has sidestepped some policy questions by saying there is only one president at a time. But the dodge is wearing thin. "He's going to have to be more assertive than he's been," House Financial Services Committee Chairman Barney Frank, D-Mass., told consumer advocates Thursday.
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India names Pakistani masterminds, date plot to 07
(AP)
AP - A Pakistani militant group apparently used an Indian operative as far back as 2007 to scout targets for the elaborate plot against India's financial capital, authorities said Thursday, a blow to Indian officials who have blamed the deadly attacks entirely on Pakistani extremists.
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Carmakers' bailout pleas hit Senate skepticism
(AP)
AP - Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers Thursday as they appealed with rising urgency — and a new dose of humility — for a $34 billion bailout. Without help, said one senator, "we're looking at a death sentence."
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US mulls unusual tactic as Blackwater charges loom
(AP)
AP - Blackwater Worldwide guards involved in the deadly 2007 Baghdad shooting of Iraqi civilians could face mandatory 30-year prison sentences under an aggressive anti-drug law being considered as the Justice Department readies indictments, people close to the case said.
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Iraq OKs pact with timetable; attacks kill 17
(AP)
AP - A security pact with a timetable for pulling U.S. forces from Iraq won final government approval Thursday, even as suicide bombers killed 17 people and wounded more than 100. Two Americans were among the dead.
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Oil plummets below $44 per barrel on economic news
(AP)
AP - Oil prices were steady near four-year lows below $44 a barrel Friday in Asia as more bad U.S. economic news soured the outlook for global growth and demand for crude.
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Study suggests good cheer may spread itself
(AP)
AP - When you're smiling, the whole world really does smile with you. A paper being published Friday in a British medical journal concludes that happiness is contagious — and that people pass on their good cheer even to total strangers. American researchers who tracked more than 4,700 people in Framingham, Mass., as part of a 20-year heart study also found the transferred happiness is good for up to a year.
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Jennifer Hudson says she's honored by Grammy nods
(AP)
AP - Jennifer Hudson says she's honored to be a Grammy nominee. The Oscar-winning actress and singer, who has been in seclusion since the killings of her mother, brother and nephew, was nominated Wednesday for four Grammy awards for her self-titled debut album.
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Man allegedly assaults girlfriend with burger
(AP)
AP - A Vero Beach man faces a domestic violence charge after authorities said he assaulted his girlfriend with a cheeseburger. An Indian River County Sheriff's Office arrest report said a 22-year-old man and his girlfriend got into an argument as they sat in a car in front of their home.
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LT, Rivers lead Chargers to 27-7 lead over Raiders
(AP)
AP - The San Diego Chargers finally looked like world-beaters. Too bad it might be too late. LaDainian Tomlinson scored on a 3-yard run against his favorite punching bag and Philip Rivers threw two touchdown passes, including a 59-yarder to Vincent Jackson, to give the Chargers a 27-7 halftime lead over the Oakland Raiders.
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China and U.S. have "robust" talks on turmoil
(Reuters)
Reuters - China and the United States had "robust" talks about the implications of current financial turmoil on their economies and the importance for China of having domestic-led growth and a market-driven exchange rate, Treasury Secretary Henry Paulson said on Friday.
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Europeans cut interest rates sharply to fight crisis
(Reuters)
Reuters - Central banks in Europe slashed their benchmark interest rates by record amounts on Thursday to fight the global economic crisis, while U.S. automakers pleaded for a bailout to avoid collapse.
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Pakistan vows to hunt Mumbai attack plotters
(Reuters)
Reuters - U.S. Secretary of State Condoleezza Rice said on Thursday Pakistan had given assurances of its commitment to root out terrorism and round up anyone connected to last week's attack in the Indian city of Mumbai.
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AT&T cuts 12,000 jobs
(Reuters)
Reuters - Top U.S. phone company AT&T Inc said it will eliminate 12,000 jobs, or about 4 percent of its workforce, in a fresh wave of cuts to cope with an economic downturn that has exacerbated a decline in traditional phone sales.
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Understanding but no consensus on auto bailout
(Reuters)
Reuters - There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days.
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Iraq Presidency Council approves U.S. troop pact
(Reuters)
Reuters - Iraq's Presidency Council has approved a security pact with the United States that paves the way for a complete U.S. troop pullout by the end of 2011, a spokesman for the council said on Thursday.
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Russia's Putin makes warm overtures to Obama
(Reuters)
Reuters - The United States will quickly feel a change in attitude from Moscow if President-elect Barack Obama transforms Washington's policies toward Russia, Prime Minister Vladimir Putin said on Thursday.
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Thai king ill, misses much-anticipated speech
(Reuters)
Reuters - Thailand's revered and influential king missed his traditional birthday eve address due to illness on Thursday, a speech many Thais had hoped would provide short-term relief to the country's intractable political crisis.
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European central banks slash interest rates to tackle recession
(AFP)
AFP - Leading European central banks took historic action Thursday to ward off spreading recessions, slashing their key lending rates to boost businesses and consumers.
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Bombers hit Fallujah as Iraq-U.S. pact endorsed
(AFP)
AFP - Car bombers killed at least 15 people in a former rebel bastion on Thursday as Iraq's security pact with Washington won final approval before its launch at the end of the month.
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