Treasury Secretary Henry Paulson, acting with finance ministers from the Group of Seven industrialized nations, Friday said the government will buy direct stakes in banks to stem a global financial collapse, as it became clear that his original $700 billion…

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Paulson acts with G-7 to stem economic emergency

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The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should carry the league’s NFL Network on its popular digital cable package. In a decision released…

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A credit rating agency on Friday questioned whether California will be able to raise $4 billion by selling bonds, just days before state officials planned to start offering them for sale on the market. Standard & Poor’s Ratings Services placed California’s…

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A credit rating agency on Friday questioned whether California will be able to raise $4 billion by selling bonds, just days before state officials planned to start offering them for sale on the market. Standard & Poor’s Ratings Services placed California’s…

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A credit rating agency on Friday questioned whether California will be able to raise $4 billion by selling bonds, just days before state officials planned to start offering them for sale on the market. Standard & Poor’s Ratings Services placed California’s…

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A credit rating agency on Friday questioned whether California will be able to raise $4 billion by selling bonds, just days before state officials planned to start offering them for sale on the market. Standard & Poor’s Ratings Services placed California’s…

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Angelina Jolie, an advocate of adoption, credits partner Brad Pitt with her decision to have biological children. In an interview with W magazine, Jolie says: “One of the life-changing things that he did, one of many, is that I was absolutely never going to…

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Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday. The politically charged inquiry imperiled her reputation as a…

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The following recalls have been announced: _Packages of Kyosai Sengiri Daikon dried radishes due to the presence of undeclared sulfite. People who have an allergy or severe sensitivity to sulfite run the risk of a life-threatening allergic reaction if they…

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A Japanese businessman accused of conspiring to have his wife killed 27 years ago was returned to Southern California on Friday to face trial. Kazuyoshi Miura, 61, arrived at Los Angeles International Airport shortly before 5 a.m. on a flight from Saipan that…

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A Japanese businessman accused of conspiring to have his wife killed 27 years ago was returned to Southern California on Friday to face trial. Kazuyoshi Miura, 61, arrived at Los Angeles International Airport shortly before 5 a.m. on a flight from Saipan that…

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The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the…

Continued here: US to buy stake in banks, first since Depression

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A credit rating agency is expressing concern about California’s ability to borrow $4 billion just days before the state heads out to market. Standard & Poor’s Ratings Services on Friday placed California’s bond rating on negative credit watch, citing concerns…

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The government will buy an ownership stake in a broad array of American banks for the first time since the Great Depression, Treasury Secretary Henry Paulson said late Friday, announcing the historic step after stock markets jolted still lower around the…

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Gold and silver plummeted Friday after Wall Street posted another big loss and forced investors to dump holdings in precious metals to raise badly needed cash. Gold for December delivery fell $27.50, or 3.1 percent, to settle at $859 a barrel on the New York…

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