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Yahoo! News: Top Stories Sun, 07 Sep 2008 18:24:32 GMT
  • Officials announce takeover of mortgage giants (AP)   - 

    Treasury Secretary Henry Paulson, Jr., left, speaks during a news conference with Federal Housing Finance Agency Director James Lockhart, right, in Washington, Sunday, Sept. 7, 2008 on the bailout of mortgage giants Fannie Mae and Freddie Mac. (AP Photo/Susan Walsh)AP - The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.


  • Ike blasts Turks and Caicos, floods Haiti again (AP)   - 

    Hurricane Ike blows through the trees just after daybreak on the island of Providenciales, in the Turks & Caicos Islands, Sunday, Sept. 7, 2008. Ike roared across the low-lying Turks and Caicos island chain before dawn Sunday as people in the British territory sought refuge in emergency shelters or in their homes. (AP Photo/Brennan Linsley)AP - Ike ripped off roofs, swept away boats and collapsed a bridge on the last road into a flooded Haitian city on Sunday as it roared over the southern Bahamas as a ferocious Category 4 hurricane. The Florida Keys evacuated and Cuba prepared for a direct hit.


  • Powerful Hurricane Ike looms as trouble for Gulf (AP)   - 

    This image provided by NOAA taken at 11:45 p.m. EDT Saturday Sept. 6, 2008 shows Hurricane Ike over the Turks and Caicos. At 200 a.m. EDT the large eye of hurricane ike was located over the Turks iand Caicos Islands and about 115 miles east of Great Inagua Island in the southeastern Bahamas. Ike is moving on a motion just south of due west near 15 mph. A west to west-southwest motion is expected to continue today with a turn toward the west-northwest expected on Monday.  On this track the core of the hurricane will move over or near the southeastern Bahamas this morning and move near or over eastern Cuba tonight and early Monday. Maximum sustained winds remain near 135 mph with higher gusts.  Ike is an extremely dangerous Category Four Hurricane according to forecasters. Some strengthening is possible before Ike moves over eastern Cuba. (AP Photo/NOAA)AP - Powerful Hurricane Ike rolled down an uncertain path Sunday that may lead to the U.S. Gulf Coast late this week, forcing emergency officials to pay attention and leaving millions of people from Florida to Mexico to wonder where it will eventually strike.


  • Obama: Recession could delay rescinding tax cuts (AP)   - 

    Democratic presidential candidate, Sen. Barack Obama, D-Ill., talks about the troubled mortgage finance companies Fannie Mae and Freddie Mac during a news conference at the Wabash Valley Fairgrounds in Terre Haute, Ind., Saturday, Sept. 6, 2008.  (AP Photo/Chris Carlson)AP - Democrat Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.


  • Auto industry to press Congress for $50B in loans (AP)   - 

    In this March 19, 2008 file photo, a Toyota Prius promotes hybrid technology at the New York International Auto Show. Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.    (AP Photo/Mark Lennihan, File)AP - Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.


  • Iraqi parliament faces urgent national issues (AP)   - 

    A wounded Iraqi policeman arrives at al-Kindi hospital after a roadside bomb attack on his patrol in east Baghdad, Iraq on Sunday, Sept. 7, 2008. The attack wounded three police and two civilians, police said. (AP Photo/Karim Kadim)AP - Iraqi lawmakers end their summer break this week facing urgent tasks of approving a new election law and signing off on a still-unfinished security pact with the U.S. ? key steps in laying the foundation for a lasting peace.


  • CERN fires up new atom smasher to near Big Bang (AP)   - 

    This undated photo provided by CERN on Friday, Sept. 5, 2008 shows a view into the Grid PC farm at the CERN Computer Centre, where banks of computers process and store data produced on the CERN systems. When the LHC starts operation in September 2008, it will produce enough data every year to fill a stack of CDs 20 km tall. To handle this huge amount of data, CERN has also developed the Grid, allowing processing power to be shared between computer centres around the world. (AP Photo/CERN) **  MANDATORY CREDIT: CERN * NO SALES *AP - It has been called an Alice in Wonderland investigation into the makeup of the universe ? or dangerous tampering with nature that could spell doomsday.


  • AP IMPACT: Liver disease plagues obese adolescents (AP)   - 

    Irving Shaffino, 15, poses with his bicycle in Shallowater, Texas, July 16, 2008.  Irving developed liver disease and had a liver transplant in July of 2007.  (AP Photo/Zach LongAP - In a new and disturbing twist on the obesity epidemic, some overweight teenagers have severe liver damage caused by too much body fat, and a handful have needed liver transplants.


  • One More Time: Britney returns to MTV VMAs (AP)   - 

    In this Dec. 1, 2007 file photo, singer Britney Spears poses on the press line at the Scandinavian Style Mansion party in Los Angeles.  (AP Photo/Dan Steinberg, File)AP - Another year, another attempted comeback for Britney Spears at the MTV Video Music Awards.


  • Pats QB Brady injures knee, limps off field vs. KC (AP)   - 

    New England Patriots quarterback Tom Brady (12) is helped off the field by medical personnel after being hit while throwing the ball during the first quarter of their football game against the Kansas City Chiefs at Gillette Stadium in Foxborough, Mass. Sunday, Sept. 7, 2008. Brady left the game and was taken to the locker room. (AP Photo/Winslow Townson)AP - New England quarterback Tom Brady left Sunday's game against Kansas City after being hit on the left leg, depriving the Patriots of the reigning NFL MVP.


  • Government seizes control of GSEs (Reuters)   - 

    U.S. Secretary of the Treasury Henry Paulson (L) and Jim Lockhart, Director of the the new independent regulator, the Federal Finanace Agency (FHFA), announce that the government is taking control of mortgage finance companies Fannie Mae and Freddie Mac during a news conference at the Office of Management Supervision in Washington, DC, September 7, 2008. (Joshua Roberts/Reuters)Reuters - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac , in what could be the biggest federal bailout in U.S. history in a bid to support the U.S. housing market and ward off more global financial market turbulence.


  • Menacing Hurricane Ike powers toward Cuba, Gulf (Reuters)   - 

    Hurricane Ike is visible east-northeast of Grand Turk Island in a satellite image taken September 5, 2008. (NOAA/Handout/Reuters)Reuters - Dangerous Hurricane Ike roared toward Cuba with 135 mph (215 kph) winds on Sunday and was expected to sweep into the Gulf of Mexico where it could threaten the U.S. oil patch and possibly New Orleans.


  • McCain says he will include Democrats in Cabinet (Reuters)   - 

    Presidential nominees Senator John McCain (R-AZ) and Senator Barack Obama (D-IL) are shown in this combination of file photographs from campaign stops from July 18, 2008 in Warren Michigan (McCain) and August 4, 2008 (Obama) in Lansing, Michigan. (Rebecca Cook/Reuters)Reuters - Republican nominee John McCain said in an interview aired on Sunday he would bring Democrats into his Cabinet and administration as part of his attempt to change the political atmosphere in Washington.


  • Petraeus to hand over U.S. Iraq command Sept 16 (Reuters)   - 

    Army Gen. David Petraeus, commanding general of Multi-National Force-Iraq, answers a question during a meeting with members of the Department of Defense press pool travelling with Secretary of Defense Robert M. Gates in Baghdad, in this December 6, 2007 file picture. (Haraz N. Ghanbari/Pool/Reuters)Reuters - U.S. General David Petraeus, credited with helping staunch violence in Iraq, will hand over command of U.S. forces there to Lieutenant-General Raymond Odierno on September 16, a military spokesman said on Sunday.


  • U.S. forces and Afghan police kill over 20 Taliban (Reuters)   - 

    Afghan President Hamid Karzai speaks during the opening ceremony for the National Institute of Administration and Management in Kabul September 6, 2008. (Omar Sobhani/Reuters)Reuters - U.S.-led soldiers, backed by air support, and Afghan police killed more than 20 Taliban fighters in two separate clashes, officials said on Sunday.


  • Iran to hold presidential election in June 2009 (Reuters)   - 

    Iranian President Mahmoud Ahmadinejad arrives at Mehrabad airport in Tehran after attending the opening ceremony of the Beijing 2008 Paralympic Games, September 7, 2008. (Morteza Nikoubazl/Reuters)Reuters - Iran will hold its 2009 presidential election on June 12, when conservative Mahmoud Ahmadinejad is widely expected to stand for a second four-year term despite criticism over his economic policies.


  • Workers clear path to access Cairo rock fall site (Reuters)   - 

    Egyptian soldiers run beside a bulldozer in Manshiyet Nasser shanty town in eastern Cairo September 7, 2008. (Nasser Nuri/Reuters)Reuters - Egyptian workers cut through a railway embankment on Sunday to bring heavy earth-moving equipment to the site of a rock fall which killed at least 31 people in a Cairo shantytown.


  • Lebanese hold reconciliation talks in volatile city (Reuters)   - Reuters - Lebanese Sunni Muslim leader Saad al-Hariri held talks with an Alawite community leader in a volatile northern city overnight, paving the way for agreement to end four months of sectarian tensions, politicians said on Sunday.
  • Hurricane Ike rages over Bahamas, clips Haiti, Cuba and US next (AFP)   - 

    Wilmington Public Service workers prepare to move a tree downed by Tropical Storm Hanna in North Carolina on September 6. After ravaging the Turks and Caicos Islands, Hurricane Ike headed toward the Bahamas, Cuba and the US Gulf Coast, as Tropical Storm Hanna continued to batter the US East Coast.(AFP/Getty Images/Logan Mock-Bunting)AFP - The latest hurricane to tear through the Atlantic and Caribbean battered Turks and Caicos and the southern Bahamas Sunday and was hampering relief efforts in flood-devastated Haiti, as Cuba and the United States gird for the storm's wrath.


  • Pakistan's Zardari prepares for presidency (AFP)   - 

    Asif Ali Zardari speaks while flanked by his daughters shortly after his election victory in Islamabad. The new president-elect faced immediate pressure to tackle an upsurge in militant violence, as the toll from a suicide blast in the country's troubled northwest reached 33.(AFP/PPP-HO)AFP - Pakistan president-elect Asif Ali Zardari faced immediate pressure Sunday to tackle an upsurge in militant violence, as the toll from a suicide blast in the country's troubled northwest reached 33.


 
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