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Current News Today

Indian navy sinks suspected pirate "mother" ship (AP)
In this Nov. 11, 2008 file photo made available by Indian Navy, Indian warship INS Tabar, right, escorts the MV Jag Arnav ship to safety after rescuing it from a hijack attempt by Somali pirates. The Indian navy says the INS Tabar dedicated to fighting pirates has successfully fought off an attempted pirate attack in the Gulf of Aden, sparking explosions and a fire on the suspected pirate ship late Tuesday, Nov. 18. (AP Photo/Indian Navy, HO, File)AP - The ship, operating off the coast of Oman in the lawless waters of the Gulf of Aden, was crewed by heavily armed men, some carrying rocket-propelled grenade launchers. Behind it were a pair of speedboats — the sort pirates often use when they launch attacks on merchant ships in these violent seas.


Wed, 19 Nov 2008 20:06:10 GMT

Hungry in Zimbabwe: `If you rest, you starve' (AP)
A child shows termites caught to eat near Murehwa, Zimbabwe, Sunday, Nov. 16, 2008. Zimbabwe's economy is in crisis, and a political deadlock has left the nation without a functioning government since disputed elections in March. (AP Photo/Tsvangirayi Mukwazhi)AP - Katy Phiri, who is in her 70s, picks up single corn kernels spilled from trucks that ferry the harvest to market. She says she hasn't eaten for three days.


Wed, 19 Nov 2008 21:09:45 GMT

Pirate riches turning Somali villages into boomtowns (AP)
Some of the eight suspected Somali pirates when they appeared before the Mombasa Chief Magistrate Catherine Mwangi , Wednesday, Nov.19 ,.2008 to be charged for piracy. The pirates were not immediately charged as their charged had not been prepared. The suspects were returned to the cells awaiting to be charged ..In an impoverished country where nearly every public institution has crumbled, pirates have transformed local economies in pirate dens like Haradhere and Eyl in northern Somalia, pumping money into areas where there had been little more than fishmongers and women selling magoes by the seashore for the past 20 years. (AP Photo)AP - Somalia's increasingly brazen pirates are building sprawling stone houses, cruising in luxury cars, marrying beautiful women — even hiring caterers to prepare Western-style food for their hostages.


Thu, 20 Nov 2008 00:33:10 GMT

Al-Qaida's No. 2 leader insults Obama with racial epithet (AP)
In a frame from a video provided by IntelCenter, posted on the Internet Thursday, April 13, 2006, al-Qaida's deputy leader Ayman al-Zawahri praises insurgents in Iraq. Al-Zawahri insulted Barack Obama in the terror group's first reaction to his election, calling him a demeaning racial term implying that the president-elect is a black American who does the bidding of whites. Al-Zawahri said in a message, which appeared on militant Web sites Wednesday, Nov. 19, 2008, that Obama is 'the direct opposite of honorable black Americans' like Malcolm X, the 1960s African-American rights leader. (AP Photo/IntelCenter)AP - Al-Qaida's No. 2 leader used a racial epithet to insult Barack Obama in a message posted Wednesday, describing the president-elect in demeaning terms that imply he does the bidding of whites. The message appeared chiefly aimed at persuading Muslims and Arabs that Obama does not represent a change in U.S. policies.


Thu, 20 Nov 2008 00:25:27 GMT

Current News Today

NFL reinstates Cowboys CB 'Pacman' Jones (AP)
The NFL is giving Adam "Pacman" Jones another chance. Dallas Cowboys owner Jerry Jones said Wednesday the suspended cornerback has been reinstated by league commissioner Roger Goodell, but he must miss two more games -- this Sunday and the following game on Thanksgiving. He'll be back Dec. 7 at Pittsburgh.

Wed, 19 Nov 2008 16:11:01 PST

Mariners hire Wakamatsu as manager (AP)
Don Wakamatsu is proud to be the first Asian-American manager in major league history. He's also keenly aware of what his grandparents endured, generations before he took over the Seattle Mariners. During World War II, the United States government moved his Japanese ancestors across the country from one internment camp to another.

Wed, 19 Nov 2008 18:00:38 PST

Red Sox trade OF Crisp to Royals (AP)
The Kansas City Royals picked up the leadoff hitter they had been seeking, acquiring center fielder Coco Crisp from the Boston Red Sox for reliever Ramon Ramirez on Wednesday. Kansas City was 12th among 14 AL teams in runs last season and added power last month, obtaining first baseman Mike Jacobs from Florida.

Wed, 19 Nov 2008 15:38:40 PST

Pistons end Cavaliers' 8-game win streak (AP)
The Detroit Pistons are starting to show their potential with Allen Iverson, beating two of the NBA's best teams in less than a week. Iverson scored 23 points, and Rasheed Wallace had 10 of his 21 points during a fourth-quarter surge that gave Detroit a 96-89 victory over Cleveland on Wednesday night that ended the Cavaliers' eight-game winning streak.

Wed, 19 Nov 2008 20:20:28 PST

Current News Today

Global stocks hit 5-1/2 year lows (Reuters)
A trader listens to a colleague on the floor of the Philippine Stock Exchange in Makati City, Manila November 6, 2008. (Darren Whiteside/Reuters)Reuters - A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 a barrel and safe havens such as the yen gained as economic data indicated a global recession could get even uglier.


Thu, 20 Nov 2008 05:54:45 GMT

Financials need at least $1 trillion: analyst (Reuters)
Pedestrians are reflected in the window of a Citibank branch in Hong Kong's financial Central District November 18, 2008. (Bobby Yip/Reuters)Reuters - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.


Thu, 20 Nov 2008 06:45:03 GMT

Prospect for auto bailout dims as Senate races clock (Reuters)
United Auto Workers (UAW) President Ron Gettelfinger (L) and General Motors CEO Richard Wagoner talk before the start of a hearing about the automotive industry held by the House Financial Services Committee on Capitol Hill in Washington November 19, 2008. (Kevin Lamarque/Reuters)Reuters - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.


Thu, 20 Nov 2008 03:29:03 GMT

Fed minutes: may need more rate cuts if growth ebbs (Reuters)
The Federal Reserve Board of Governors are seen during a Federal Open Market Committee meeting in Washington, March 28, 2006. (U.S. Federal Reserve/Handout/Reuters)Reuters - Federal Reserve officials slashed economic growth forecasts through 2009 and some believed even deeper interest rate cuts may be needed if growth slows further, minutes of their October policy meeting show.


Wed, 19 Nov 2008 20:46:19 GMT

Current News Today

Somali pirates hijack Thai fishing boat, 16 crew (AP)
In this Nov. 11, 2008 file photo made available by Indian Navy, Indian warship INS Tabar, right, escorts the MV Jag Arnav ship to safety after rescuing it from a hijack attempt by Somali pirates. The Indian navy says the INS Tabar dedicated to fighting pirates has successfully fought off an attempted pirate attack in the Gulf of Aden, sparking explosions and a fire on the suspected pirate ship late Tuesday, Nov. 18. (AP Photo/Indian Navy, HO, File)AP - Separate bands of pirates hijacked two ships and captured their crews, while yet another opened fire on an Indian navy ship before being driven off — clear signs that the brigands roaming the Gulf of Aden are becoming bolder and more violent, officials said Wednesday.


Wed, 19 Nov 2008 09:56:09 GMT

Rapper gets 20 years after writing shooting song (AP)
AP - He shot a man twice and felt so good about it, police said, a rapper wrote a song describing the shooting and calling out the victim by name. A judge sentenced 25-year-old Rico Todriquez Wright Monday to spend the next 20 years in prison after his victim mentioned the hip hop confession to police.

Thu, 20 Nov 2008 02:03:35 GMT

Finger-pointing begins as Senate nixes auto vote (AP)
Sen. Carl Levin, D-Mich., holds up a print-out of a New York Times article as he testifies on Capitol Hill in Washington, Wednesday, Nov. 19, 2008, before a Financial Services Committee hearing on the automotive industry bailout.  (AP Photo/Evan Vucci)AP - A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president.


Thu, 20 Nov 2008 05:16:30 GMT

Arraignment set for Cheney, Gonzales in Texas (AP)
U.S. Attorney General Alberto Gonzales, left, and Vice President Dick Cheney are shown in this 2006 file photo at the White House. Cheney and Gonzales have been indicted on state charges involving federal prisons in a South Texas county that has been a source of bizarre legal and political battles under the outgoing prosecutor. (AP Photo/Pablo Martinez Monsivais, file)AP - A Texas judge has set a Friday arraignment for Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others named in indictments accusing them of responsibility for prisoner abuse in a federal detention center.


Thu, 20 Nov 2008 05:20:36 GMT