| World News  | World stocks fall sharply again
The Boston Globe
LONDON—European stock markets slumped further on Friday following massive losses on Wall Street and Asia on mounting fears that this week's efforts by central banks and governments to break the logjam in credit markets have failed to ease lending rates between banks. At midday London time, the FTSE 100 index of leading British shares was down 328.03, or 7.6 percent, at 3,985.77, below the 4,000 mark earlier for the first time in five years....
photo: AP / Thibault Camus
|  | Malaysia to replace PM in March amid challenges�
Business Day
KUALA LUMPUR - Malaysia is to get a new prime minister in March as the government seeks to hold onto its 51-year grip on power at a time when economic growth is slowing sharply and the opposition is pressing hard. Prime Minister Abdullah Ahmad Badawi, who led the government to its worst ever election result and will become the shortest lived Malaysian leader, said he would not stand in a party election next year, effectively ceding power to his...
photo: AP Photo / Vincent Thian
|  | Bush hopes to reassure nation after economic woes
CNN
By Elaine Quijano CNN White House Correspondent WASHINGTON (CNN) -- President Bush has tried to strike an awkward balance between reassurance and reality about the nation's financial crisis. On Friday, he will do so again, but the repetition raises the question: to what effect?...
photo: White House / Joyce N. Boghosian
|  | Iraqi PM discusses U.S. pact with Shiite cleric
USA Today
Posted | Comment | Recommend | | | BAGHDAD (AP) — Iraq's prime minister met with the country's most influential Shiite cleric on Friday and later indicated the religious leader would not oppose a longterm security deal with the United States if it's approved by Iraqi constitutional institutions. The office of the Grand Ayatollah Ali al-Sistani had no comment. Public opposition by the aging Iranian-born cleric could...
photo: AP / Khalid Mohammed, Pool
|  | Thousands of al-Sadr supporters mourn lawmaker
The News Tribune
BAGHDAD -- Thousands of supporters of Shiite leader Muqtada al-Sadr marched through eastern Baghdad on Friday to mourn the killing of a Sadrist lawmaker and hear a statement from the anti-U.S. cleric blaming occupation and terrorism for the loss. The crowd walked through the sprawling Shiite slum of Sadr City behind a car carrying the casket of politician Saleh al-Auqaeili. The body was then taken to the Shiite holy city of Najaf to be buried....
photo: AP / Hadi Mizban
| Business News  | GE profit falls 22 pct, hurt by financial arm
Syracuse
FAIRFIELD, Conn. (AP) - General Electric Co., which makes everything from jet engines to water treatment systems and owns NBC Universal, said Friday its third quarter profit fell 22 percent, hurt by its financing business. GE's results spared investors any nasty new surprises, meeting the lower end of the company's revised earnings forecast from last month. GE, a bellwether for the U.S. economy, has blamed softening profits on its financial arm,...
photo: WN / Aldrin Leyba
|  | Metals dive as recessionary chill freezes investors
The Guardian
* Recession fears dog base metals markets * Copper hits lowest point since March 2006 * Aluminium hits lowest since December 2005 (Adds official prices) By Michael Taylor LONDON, Oct 10 (Reuters) - Copper fell more than 9 percent to its lowest point since March 2006, while aluminium sank to its weakest level since December 2005 on mounting fears of a looming recession. Markets across the globe have plunged as investors and traders have panicked,...
photo: GFDL /
|  | GM shares dive by 31%
The Press Democrat
GM shares plummeted $2.15, or 31.1 percent, to close at $4.76 after falling as low as $4.65. That low marked the automaker's lowest trade since March 15, 1950, according to the Center for Research in Security Prices at the University of Chicago. At that time, the Korean War was three months away from beginning, and gas cost 27 cents a gallon. Thursday marked the sixth straight day of losses for GM. The automaker's shares are down 50 percent from...
photo: USCG /PAC Jeff Hall
|  | Stocks plummet as G7 ministers talk rescue
The Times
World stock prices fell to a five-year low today as investors cut and ran in the face of an increasingly certain global recession. With G7 finance ministers and central bankers prepared to hammer out a co-ordinated rescue plan at talks in Washington, European indices plummeted. The FTSE 100 plunged more than 10 per cent at the opening and was still 8 per cent down by midday. Germany's Dax and France's AC 40 were equally badly hit, with financial...
photo: AP / Michael Probst
|  | Brazil reiterates no change to oil contracts
The Guardian
(Adds Lobao comments on state company, date for new rules) LISBON, Oct 10 (Reuters) - Brazil will not alter existing contracts with foreign and local oil producers that have discovered huge reserves in the subsalt cluster deep under the ocean floor, Energy Minister Edison Lobao reiterated on Friday. Speaking at a Portuguese-Brazilian business meeting in Lisbon, Lobao praised the presence of Portugal's Galp Energia in several Santos basin blocks,...
photo: AP PHOTO / Misha Japaridze
|  | Florida bankers say there's money to lend
Business Journal
> N.C. group joins Fla. bankers in fraud fight Wells Fargo wins battle for Wachovia Raymond James plans to become financial holding company Florida Bankers react to INS visa proposal Genesis Communications to buy powerful Mega radio station The Florida Bankers Association said banks in the state have money and are ready to lend to borrowers. The association, which represents the state's banking industry, met with Gov. Charlie Crist to discuss the...
photo: Creative Commons / Bgag
|  | Mobile gaming firms eye Nokia, Apple boost in 2009
The Guardian
* Mobile gaming firms see market boost next year * New platforms to solve mobile games key merchandising problem * Nokia's N-gage takeup still small By Tarmo Virki HELSINKI, Oct 10 (Reuters) - Mobile gaming companies say they will book few new sales from Nokia's N-Gage phones or Apple's iPhone, but are betting on a market boost next year as more phones of these kinds are taken up by consumers. Nokia launched its N-Gage gaming service six months...
photo: WN / james
|  | Inflation at 11.80 per cent
The Times of India
10 Oct 2008, 1322 hrs IST,AGENCIES NEW DELHI: The wholesale price index rose 11.80 per cent in the 12 months to September 27, below the previous week's annual rise of 11.99 per cent, government data showed on Friday. The rate was below a median forecast of 11.98 percent in a Reuters poll of analysts. Inflation for the week ended August 2 was revised up to 12.91 per cent...
photo: WN / Geeta
|  | GE reports drop in earnings, but meets expectations
CNN
GE meets expectations The conglomerate announces a 10% drop in earnings and an 11% gain in revenue. | | | RSS Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS (close) By Aaron Smith, CNNMoney.com staff writerOctober 10, 2008: 6:43 AM ET AMERICA'S MONEY CRISIS NEW YORK (CNNMoney.com) -- General Electric on Friday reported a drop in third-quarter earnings that met expectations and a gain in revenue that was close...
photo: WN / james
| Entertainment News  | Music column: Change is a constant with Roanoke's clubland
The Roanoke Times
Punch Brothers Ex-Nickel Creek member Chris Thile's new act, Punch Brothers, will play Kirk Avenue Music in November. For a year and a half, 202 Market was Roanoke's most consistent venue for quality live music. From the beginning of its run, the restaurant and bar featured some of the world's best and most influential musicians -- Hubert Sumlin, Graham Parker, Maura O'Connell, Jimmy Thackery, John Cowan, Col. Bruce Hampton, Hackensaw Boys, Bill...
photo: GFDL / Average Joe's
|  | Angelina Jolie: How Loving Brad Pitt Changed Me
The Examiner
ET Online - 1 hr 51 mins ago An intimate and serene Angelina Jolie graces the cover of W magazine's November issue, breastfeeding one of her newborn twins and looking happier than ever in the provocative, compelling photo. In the issue, the star divulges similarly candid details about her world-famous family's personal lives -- discussing everything from how partner Brad Pitt changed her views about pregnancy to describing twins’ Knox and...
photo: 20th Century Fox
|  | MUSIC NOTES: David Allan Coe at Crazy Horse Saloon
Florida Times Union
David Allan Coe is a colorful guy. You have to give him that. He has that whole country outlaw thing going, and he dresses it up to a T. He did have the jail thing, even if his claim to being on Death Row didn't exactly ring true. And he's never been shy about self-promotion and praise. He declared himself to be the...
photo: Creative Commons / Simon Law
|  | Doherty's new ZIP code
Buffalo News
" 'I couldn't breathe, I started having an anxiety attack,' Doherty says, shuddering. Her Irish brow crinkles into slight worry lines that make her look her age, which is 37." This is practically the first sentence in the new Details magazine profile on actress Shannen Doherty. Let's consider this - her brow furrows and she "looks her age." All 37 years. Quick, put her down, now, before she hits 40! To be honest, the piece itself, written by...
photo: AP / Dan Steinberg
|  | Brad builds new homes
News24
New Orleans - The first homes in actor Brad Pitt's Make It Right rebuilding project are complete, and some three years after Hurricane Katrina devastated New Orleans, 68-year-old grandmother Gloria Guy was on hand to give the actor a big hug. Pitt, his actress-partner Angelina Jolie and their family of six children privately toured the hard-hit Lower 9th Ward district earlier this week. The celebrity couple bought a home in New Orleans about a...
photo: creative commons / flickr
|  | Galactic ghoul seen in outer space by NASA telescope
The Examiner
Add a Comment by Patricia Phillips, Space News Examiner We're counting down to Halloween here at the Examiner--and here's a genuine, for-real spooky monster captured by a NASA telescope sailing through space. NASA calls this image from the Spitzer Space Telescope a "Galactic Ghoul." (And people sometimes think NASA can't party down with the rest of us!) Here's the scoop on what you're seeing here, and in the animated spooky...
photo: NASA / NASA
|  | Jude's girl poses in gay mag
London Evening Standard
He's no stranger to attracting the ladies. But Jude Law may have mixed feelings about his latest squeeze - model Tolula Adeyemi - after she posed naked for a lesbian magazine. The 24-year old model does little to maintain her modesty in a set of pictures for Diva magazine. In one picture, she is topless and appears to be shaving her head. In another she smokes a cigar as a pair of denim overalls fall provocatively from her shoulder. A source told...
photo: AP
|  | Goodbye girl next door: Katie Holmes shows her raunchy side on U.S. television
The Daily Mail
If Katie Holmes ever wanted to shake off her girl next door image then these pictures ought to do it. The 29-year-old actress sexily struts her stuff for the camera in high heels, long, black gloves and a slinky velvet catsuit. Unreal: Katie Holmes turns up as a sexy dancer when US TV's Eli Stone has a dream... Smokin': Katie put on quite the raunchy show In scenes that seem completely out of character for Mrs Tom Cruise, she gyrates and pouts...
photo: AP
| Health News  | Marburg, Ebola ruled out
Independent online (SA)
By Kanina Foss Investigations conducted by Zambian laboratories on samples from the first two victims of the mystery virus have ruled out Ebola and Marburg. The results of further tests are expected within a week. In...
photo: AP Photo
|  | Schools rated on pupils' happiness
The Times
Schools will be rated on whether parents and pupils think teachers do enough to keep children happy, away from illegal drugs and in good sexual health. Ofsted inspectors will use the perceptions - along with other indicators such as the...
photo: WN / Janice Sabnal
|  | What would Simon Cowell say? X Factor finalists binge on junk food ahead of live show
The Daily Mail
The X Factor hopefuls may have been primped and preened within an inch of their lives, but it seems the overhaul does not extend to their eating habits. Tomorrow's live show will see the 12 final acts reveal their new images after getting the pop star makeover treatment. But that didn't stop them from tucking into some unhealthy takeaway fare from McDonalds last night. Not a good look: Ruth Lorenzo, Alexandra Burke and Scott Bruton pose with...
photo: Creative Commons / Max Slowik
|  | Pregnancy does not cloud the brain, says Australian study -
Yahoo Daily News
23 minutes ago SYDNEY (AFP) - Pregnancy has long been blamed for addling women's minds but new work by Australian researchers finds this idea may be nothing more than an old wives' tale. A study by the Australian National University's centre for mental health research found that there is no evidence to suggest that impending motherhood affects a woman's cognitive...
photo: WN / Yolanda Leyba
|  | Behaviour change is key to beating Aids President
Nation
Behaviour change is the only way we can win the war against the Aids epidemic, President James Michel, chairman of the National Aids Council (NAC), said yesterday. This is so in the absence of a cure for Aids or a vaccine against HIV, he told a meeting of the council yesterday at the International Conference Centre. The aim of the meeting was to review the HIV/Aids situation in Seychelles, get updates on the achievements of the national HIV/Aids...
photo: WN / Doris Esange
|  | WHO probing deaths from mystery disease in SAfrica
Philadelphia Daily News
The Associated Press GENEVA - The U.N. health agency says it is investigating a mystery disease that killed three people in the South African city of Johannesburg. The World Health Organization says the disease appears to be a form of hemorrhagic fever. It says tests have proved negative for Ebola, Lassa fever, Rift Valley fever, Marburg fever and other main types of hemorrhagic fever. WHO spokesman Gregory Hartl says the first death on Sept. 13...
photo: AP / Mujahid Safodien
| Politics News  | A revisionist death in Singapore
Asia Times
By Terence Chong Joshua Benjamin Jeyaretnam, the first opposition party candidate to be elected a member of parliament in Singapore, died of heart failure on September 30, aged 82. [1] SINGAPORE - The passing of Joshua Benjamin Jeyaretnam, Singapore's best-known opposition politician, may not have been psychologically seismic enough to prompt Singapore's middle classes to search their souls, but it did offer an insight into how Singaporean...
photo: Creative Commons
|  | Schlepping their way to voters
BBC News
With Columbus Day weekend upon them, Americans will be honouring Christopher Columbus' maiden voyage to America. But this year, there will be another maiden voyage taking place - The Great Schlep. Got Bubbies living in Florida? (That's a Yiddish term for grandmothers.) Or any other crucial swing state for that matter? If so, you are qualified for this particular voyage - an organised effort to visit your Jewish grandparents and persuade them to...
photo: AP / Charles Rex Arbogast
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