Obama outlines rebuilding plans to create jobs
(AP). AP - President-elect Barack Obama on Saturday outlined his plan to create 2.5 million jobs in coming years to rebuild roads and bridges and modernize schools while developing alternative energy sources and more efficient cars.
Kin outraged, distraught over teen's cyber suicide
(AP). AP - The family of a college student who killed himself live on the Internet say they're horrified his life ended before a virtual audience, and infuriated that viewers of the live webcam or operators of the Web site that hosted it didn't act sooner to save him.
Obama moves quickly to fill Cabinet positions
(AP). AP - President-elect Barack Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timothy Geithner as his treasury secretary as soon as Monday.
Carter, Annan, others refused entry to Zimbabwe
(AP). AP - Former U.S. President Jimmy Carter said Saturday that he and others planning a humanitarian mission in Zimbabwe had been refused entry to the impoverished African country.
Is Alaska big enough for celebrity Palin?
(AP). AP - Oprah wants her, and so do Letterman and Leno. Fresh from her political defeat, Sarah Palin is juggling offers to write books, appear in films and sit on dozens of interview couches at a rate that would be astonishing for most Hollywood stars, let alone a first-term governor.
Hollywood actors guild to seek strike
(AP). AP - The Screen Actors Guild said Saturday it will ask its members to authorize a strike after its first contract talks in four months with Hollywood studios failed despite the help of a federal mediator.
Astronauts face hardest spacewalk to finish repair
(AP). AP - Astronauts up on the international space station faced the longest and hardest spacewalk of their mission Saturday, a seven-hour-plus excursion to wrap up repair work on a gummed-up joint.
Bush urges countries to avoid protectionism
(AP). AP - President George W. Bush, faced with a dwindling number of days in office, was using his final world summit to try to keep a virulent economic crisis from triggering a retreat into protectionism.
US: Financial woes no excuse in funding Afghan war
(AP). AP - Even in a global financial crisis, the world cannot afford to skimp on its obligations to Afghanistan, which wants to double the size of its army but will never be able to pay for it, Defense Secretary Robert Gates says.
Big day for Knicks ends with Marbury controversy
(AP). AP - With two moves, the New York Knicks created salary space for a premier free agent and playing time for Stephon Marbury.
Obama says drafting bold economic stimulus
(Reuters). Reuters - U.S. President-elect Barack Obama said on Saturday that he was crafting an aggressive, two-year stimulus plan to revive the troubled economy, warning that swift action was needed to prevent a deep slump and a spiral of falling prices.
Citigroup talking to U.S. government as shares dive: source
(Reuters). Reuters - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
GM cuts output, jets as U.S. demands turnaround plans
(Reuters). Reuters - Detroit automakers began work on turnaround plans demanded by Congress in return for $25 billion in aid as General Motors Corp said it would cut production more and give up two of its controversial corporate jets.
General Motors board weighs bankruptcy option: report
(Reuters). Reuters - The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday.
Wall Street stages late rally on Geithner news
(Reuters). Reuters - U.S. stocks stormed higher in a late rally on Friday to cap another volatile week as investors welcomed reports that President-elect Barack Obama has chosen his point person to combat the U.S. economic crisis, instilling confidence about the administration's ability to take action.
Soros says U.S. needs billions more in aid measures
(Reuters). Reuters - The U.S. economy needs additional support measures of between $300 billion and $600 billion to help it withstand the financial crisis, U.S. billionaire investor George Soros was quoted as saying by a German weekly.
Annan, Carter barred from Zimbabwe
(Reuters). Reuters - Zimbabwe has barred former U.N. secretary general Kofi Annan, former U.S. President Jimmy Carter and other prominent figures from visiting the country to assess the humanitarian crisis, the group said on Saturday.
U.S. strike in Pakistan kills wanted British militant
(Reuters). Reuters - Rashid Rauf, a British militant with al Qaeda links, was killed along with an Egyptian by a suspected U.S. missile strike in northwest Pakistan on Saturday, Pakistani television channels and intelligence officers said.
Terror plot mastermind killed by US missile in Pakistan: officials
(AFP). AFP - The alleged Al-Qaeda mastermind of a 2006 transatlantic airplane bombing plot was killed in a US missile attack in northwest Pakistan early Saturday, officials said.
Annan, Carter denied visas and cancel Zimbabwe trip
(AFP). AFP - Former UN secretary general Kofi Annan and ex-US president Jimmy Carter said on Saturday that they had been forced to cancel a trip to Zimbabwe because they had been denied visas.
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