Friday, January 30, 2009

Daily News Digest: Top Stories

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Friday, January 30, 2009 12:01 AM PST
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Today's Top Stories:
Illinois Gov. Rod Blagojevich thrown out of office
Thu, 29 Jan 2009 10:27 pm PST
AP - Gov. Rod Blagojevich was thrown out of office Thursday without a single lawmaker coming to his defense, brought down by a government-for-sale scandal that stretched from Chicago to Capitol Hill and turned the foul-mouthed politician into a national punchline. Full Story
Top

Economy likely shrank at fastest clip since '82
Thu, 29 Jan 2009 09:24 pm PST
AP - The country tumbled deeper into recession and probably logged its worst economic performance in a quarter-century during the final three months of last year as battered consumers and businesses throttled back spending. Full Story
Top

Obama calls $18B in Wall St. bonuses 'shameful'
Thu, 29 Jan 2009 06:24 pm PST
AP - President Barack Obama issued a withering critique Thursday of Wall Street corporate behavior, calling it "the height of irresponsibility" for employees to be paid more than $18 billion in bonuses last year while their crumbling financial sector received a bailout from taxpayers. "It is shameful," Obama said from the Oval Office. "And part of what we're going to need is for the folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility." Full Story
Top

Senate GOP leader says party must change
Thu, 29 Jan 2009 06:56 pm PST
AP - After crushing defeats in back-to-back elections, the top Senate Republican warned Thursday that the GOP risks remaining out of power in the White House and Congress unless it better explains its core principles to woo one-time faithful and new loyalists. Full Story
Top

Iraq, Afghan auditors discuss rebuilding from wars
Thu, 29 Jan 2009 09:22 pm PST
AP - The often chaotic and wasteful $125 billion Iraq rebuilding effort will face new trouble and uncertainty this year despite the decline in violence there, a new audit report says. Full Story
Top

Army suicides at record high, passing civilians
Thu, 29 Jan 2009 06:23 pm PST
AP - Stressed by war and long overseas tours, U.S. soldiers killed themselves last year at the highest rate on record, the toll rising for a fourth straight year and even surpassing the suicide rate among comparable civilians. Army leaders said they were doing everything they could think of to curb the deaths and appealed for more mental health professionals to join and help out. Full Story
Top

Feds: Ex-CIA spy, son renewed Russian contact
Thu, 29 Jan 2009 08:15 pm PST
AP - An imprisoned ex-CIA spy and his son have been charged with renewing contact with the father's former Russian handlers to get more money — and perhaps a "pension" — for his espionage. Full Story
Top

NJ police: Woman's ex-friends used cold as weapon
Thu, 29 Jan 2009 08:29 pm PST
AP - A 19-year-old woman who thought she was going to a party was instead driven to a rural wooded area and abandoned in 8-degree weather in a long-planned attack by three friends angry with her over an insurance claim, police said Thursday. Full Story
Top

Springsteen promises high-energy halftime show
Thu, 29 Jan 2009 07:09 pm PST
AP - Anybody who thinks it's tough playing the halftime show at the Super Bowl with 150 million people watching should try serenading Barack Obama with the majestic granite visage of Abraham Lincoln staring over your shoulder. Full Story
Top

Magic knock off Cavs 99-88, end Cleveland's streak
Thu, 29 Jan 2009 08:23 pm PST
AP - The Orlando Magic are looking more and more like a contender in the Eastern Conference. Full Story
Top

Blagojevich ousted as Illinois governor
Thu, 29 Jan 2009 05:33 pm PST
Reuters - Illinois Governor Rod Blagojevich was removed from office on Thursday after the state Senate unanimously convicted him on impeachment charges, including an accusation he tried to sell the U.S. Senate seat once held by President Barack Obama. Full Story
Top

U.S. to unveil menu of bank fixes next week: source
Thu, 29 Jan 2009 04:34 pm PST
Reuters - The Obama administration aims to roll out a menu of options next week to help stabilize the U.S. banking industry, with government aid tailored to individual banks' needs, a source familiar with the administration's thinking told Reuters on Thursday. Full Story
Top

Obama, Congress seek deal on economic stimulus
Thu, 29 Jan 2009 09:07 pm PST
Reuters - Republicans in the U.S. Senate accepted on Thursday President Barack Obama's offer to search for a compromise on an economic stimulus bill that could end up costing around $900 billion, as long as tax cuts play a large role. Full Story
Top

Cuomo eyes return of $4 billion in early Merrill bonuses: report
Thu, 29 Jan 2009 09:09 pm PST
Reuters - New York Attorney General Andrew Cuomo may demand the return of $4 billion in bonuses paid by Merrill Lynch & Co just before it was acquired by Bank of America Corp, Bloomberg said, citing a person familiar with the matter. Full Story
Top

Obama mulling Republican Gregg for commerce: source
Thu, 29 Jan 2009 08:56 pm PST
Reuters - President Barack Obama is considering picking Republican Senator Judd Gregg of New Hampshire as commerce secretary, a Democratic source said on Thursday. Full Story
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Jobless claims jump to record, durable orders slide
Thu, 29 Jan 2009 07:12 pm PST
Reuters - The number of Americans claiming jobless benefits hit a record high in mid-January, while orders for long-lasting factory goods fell for a fifth month in December, according to data on Thursday that showed the economy in steep decline. Full Story
Top

Senate approves bill to delay digital TV
Thu, 29 Jan 2009 08:33 pm PST
Reuters - The U.S. Senate unanimously passed another bill on Thursday to delay the national transition to digital television. Full Story
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Fidel Castro demands Obama return Guantanamo base
Thu, 29 Jan 2009 08:36 pm PST
Reuters - Ailing Cuban leader Fidel Castro demanded on Thursday that President Barack Obama return the U.S. naval base at Guantanamo to Cuba without conditions, and he accused the new U.S. leader of supporting "Israeli genocide" against Palestinians. Full Story
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NKorea scraps all accords with SKorea, raising tensions
Thu, 29 Jan 2009 11:42 pm PST
AFP - North Korea announced Friday it is scrapping agreements with South Korea on easing military tensions, accusing Seoul of pushing relations to the brink of war. Full Story
Top

Turkish prime minister storms out of Gaza debate
Thu, 29 Jan 2009 07:00 pm PST
AFP - Turkish Prime Minister Recep Tayyip Erdogan stormed out of the World Economic Forum after a war of words with Israel's President Shimon Peres over the Gaza conflict. Full Story
Top



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