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Recession fears, weak earnings stoke stock selling

NEW YORK - World stock markets sagged again Wednesday as a barrage of weak corporate earnings stoked fears that the government's financial intervention won't keep global economies out of recession.

November 06, 2008 | By ELLEN SIMON | Washington


Government expands geothermal energy leasing

WASHINGTON - The Interior Department plans to make available 190 million acres of federal land in a dozen Western states for development of geothermal energy projects - a move that could produce enough electricity for 5 million homes.

November 06, 2008 | By H. JOSEF HEBERT Associated Press Writer | Washington


Congress leaders optimistic on revived bailout

WASHINGTON - The Senate pushed toward passage Wednesday of a $700 billion financial industry bailout, and opposition to the package among House Republican conservatives appeared to be softening as well, thanks partly to a provision to increase insurance for people's deposits.

October 16, 2008 | By JULIE HIRSCHFELD DAVIS and ANDREW TAYLOR Associated Press Writer | Washington


High court rebuffs Louisiana in child rape case

WASHINGTON - The Supreme Court declined Wednesday to revisit its recent decision outlawing executions for people convicted of raping children.

October 16, 2008 | By MARK SHERMAN Associated Press Writer | Washington


Governors, businesses up pressure for bailout bill

WASHINGTON - Governors and business lobbyists pressured lawmakers Wednesday to pass a $700 billion financial industry bailout as top lawmakers prepared for another face-off on the issue - this time in the Senate.

October 16, 2008 | By PETE YOST and ALAN FRAM Associated Press Writers | Washington


Bernanke: Recession more likely without bailout

WASHINGTON - Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration's $700 billion plan to bail out the financial industry.

October 08, 2008 | By JULIE HIRSCHFELD DAVIS and JEANNINE AVERSA Associated Press Writers | Washington


Senators seek rights protections in FBI probes

WASHINGTON - Three Democratic senators demanded ''bare-minimum'' civil rights protections Tuesday for Americans who might be targeted in FBI national security investigations without any evidence of wrongdoing.

October 08, 2008 | By LARA JAKES JORDAN Associated Press Writer | Washington


FDA cracks down on unapproved drugs

WASHINGTON - Federal officials on Tuesday launched a crackdown against several companies that market an eye wash and a widely used skin cream without government approval, saying these prescription medications could pose risks.

October 08, 2008 | The Associated Press | Washington


Gates: More troops may go to Afghanistan in spring

WASHINGTON - Up to three more combat brigades could be available to go to Afghanistan beginning next spring, in answer to repeated calls from commanders for more troops, Defense Secretary Robert Gates said Tuesday.

October 08, 2008 | By LOLITA C. BALDOR Associated Press Writer | Washington


FDA defends plastic linked with health risks

WASHINGTON - With scientists at odds over the safety of a chemical found in plastic baby bottles, metal cans and other food packaging, consumers got minimal guidance Tuesday about how to protect themselves.

October 01, 2008 | By RICARDO ALONSO-ZALDIVAR and LINDSEY TANNER Associated Press Writers | Washington


Probe finds flap failure on doomed Madrid plane

MADRID, Spain - Wing flaps that help lift a plane on takeoff failed on the Spanair flight that crashed last month and an alarm to warn pilots of the problem never sounded, according to an initial report Tuesday on the accident that killed 154 people.

October 01, 2008 | By DANIEL WOOLLS Associated Press Writer | Washington


Fed leaves key rate unchanged

WASHINGTON - The Federal Reserve kept a key interest rate unchanged Tuesday, saying that strains in financial markets have ''increased significantly'' but that it would keep an eye on them and act, if needed.

October 01, 2008 | By MARTIN CRUTSINGER Associated Press Writer | Washington


House takes up offshore drilling

WASHINGTON - The House moved toward a vote Tuesday to end the longtime ban on oil drilling in Atlantic and Pacific waters. Republicans called it a Democratic ruse that would leave most untapped offshore oil out of bounds.

October 01, 2008 | By H. JOSEF HEBERT Associated Press Writer | Washington


Rangel won’t step down from tax-writing post

WASHINGTON - Rep. Charles Rangel will not step down as chairman of a powerful tax-writing committee as he undergoes an ethics investigation by fellow lawmakers, his lawyer said Tuesday.

October 01, 2008 | By DEVLIN BARRETT Associated Press Writer | Washington


Advisers: Consolidate Air Force nuke command

WASHINGTON - A Pentagon advisory group condemned the Air Force for a dramatic deterioration in managing the nation's nuclear arsenal, and recommended Friday that it consolidate nuclear responsibilities under one command.

September 27, 2008 | By LOLITA C. BALDOR Associated Press Writer | Washington


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