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Columnist Paul Krugman wins Nobel economics prize (AP)

In a March 6, 2005, file photo provided by 'Meet the Press', Paul Krugman of Princeton Univsersity and The New York Times, speaks during the taping of 'Meet the Press.' The Royal Swedish Academy of Sciences said Monday, Oct. 13, 2008, that Krugman has won the Nobel economics prize 'for his analysis of trade patterns and location of economic activity.' (AP Photo/Meet The Press, Alex Wong/file)

AP - Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.

Mon, 13 Oct 2008 13:14:51 GMT

Diplomats: N. Korea lifts ban on nuke inspections (AP)

Conservative right-wing protesters burn portraits of North Korean leader Kim Jong-il during an anti-North Korea protest held near the U.S. embassy in Seoul October 13, 2008. (Lee Jae-Won/Reuters)

AP - North Korea has lifted its ban on U.N. nuclear inspectors and is again allowing them access to the plutonium-producing plant it used to set up an atomic test explosion, diplomats said Monday.

Mon, 13 Oct 2008 15:05:35 GMT

Former global leaders in Iran to support moderate (AP)
AP - Former U.N. chief Kofi Annan and several former European leaders attended a conference on religion in Tehran on Monday, offering what some saw as a gesture of support for the moderate opponent of President Mahmoud Ahmadinejad hosting the gathering.

Mon, 13 Oct 2008 14:04:12 GMT

China dairy sued over infant's toxic milk death (AP)

In this July 3, 2007, file photo, a worker selects the daily product at the production line at Wahaha's factory in Hangzhou, China. Chinese beverage maker Wahaha Group is considering buying dairy assets from Sanlu Group, the milk maker at the heart of a scandal over milk tainted with an industrial chemical, reports said Monday October 13, 2008. Wahaha spokesman Shan Qining said he could not confirm the reports citing the company's chairman, Zong Qinghou, as saying he wants to buy a milk powder production line from Sanlu. (AP Photo/Eugene Hoshiko, FILE)

AP - The family of a baby whose death has been blamed on toxic milk filed suit against one of China's largest dairies Monday, while another dairy ensnared in the scandal said it was a victim of unscrupulous subcontractors.

Mon, 13 Oct 2008 10:28:20 GMT

Current News Today

Dodgers top Phillies after benches empty (AP)
Manny Ramirez and the Los Angeles Dodgers were tired of getting brushed back in the NL championship series, so they came out ready to fight back against Philadelphia. Blake DeWitt's bases-loaded triple off Jamie Moyer capped a five-run first inning, and the feisty Dodgers beat the Phillies 7-2 in a testy game Sunday night to trim Philadelphia's lead to 2-1 in the best-of-seven series.

Sun, 12 Oct 2008 21:50:39 PDT

Cards top Cowboys in OT on blocked punt (AP)
Never before had an NFL team started a game with a kickoff return for a score, then ended it with a blocked punt in overtime for a touchdown. It was that kind of crazy day in the desert. J.J. Arrington, inactive the first four games of the season, opened things up with a 93-yard return for an Arizona score.

Sun, 12 Oct 2008 19:10:08 PDT

Texas jumps to No. 1 in AP Top 25 (AP)
Texas rode its resounding Red River Rivalry upset right to No. 1. The Longhorns leapfrogged No. 2 Alabama on Sunday and sit atop The Associated Press Top 25 in the regular season for the first time in 24 years after beating Oklahoma 45-35. Texas' jump to No. 1 is the largest since Miami went from No. 6 to No.

Sun, 12 Oct 2008 16:52:11 PDT

Rivers leads Chargers past Pats 30-10 (AP)
Finally solving their Patriots problem may very well have saved the season for Philip Rivers and the San Diego Chargers. Rivers threw three touchdown passes and San Diego's defense stuffed quarterback Matt Cassel on fourth-and-goal from the 1-yard line to highlight a 30-10 win over New England on Sunday night.

Sun, 12 Oct 2008 21:51:43 PDT

Current News Today

Market jumps on bank rescue optimism, Morgan (Reuters)

A woman uses her camera near a trading board at the Dubai Stock Exchange in the Dubai World Trade Center October 13, 2008. (Ahmed Jadallah/Reuters)

Reuters - Stocks soared on Monday as a global push by governments to pump cash into banks fueled a rebound in financial shares and credit markets showed some signs of loosening up.

Mon, 13 Oct 2008 14:41:19 GMT

Markets cheer as Europe bails out banks (Reuters)

Traders work on the floor of the New York Stock Exchange October 13, 2008. (Shannon Stapleton/Reuters)

Reuters - Stock markets rejoiced after governments worldwide launched multibillion-dollar bailouts on Monday to shore up banks, and Britain called for a new Bretton Woods agreement to reshape the world financial system.

Mon, 13 Oct 2008 14:51:08 GMT

Morgan Stanley-MUFG deal closes, Morgan shares soar (Reuters)

The exterior of the headquarters of investment bank Morgan Stanley is pictured in New York City, September 17, 2008. (Mike Segar/Reuters)

Reuters - Mitsubishi UFJ Financial Group Inc (MUFG) completed its purchase of a stake in Morgan Stanley on Monday with U.S. government support, helping close a deal that investors had feared would fall apart.

Mon, 13 Oct 2008 14:42:37 GMT

GM shares rebound after Detroit merger reports (Reuters)

General Motors World Headquarters is seen along the Detroit River in Detroit, Michigan, September 17, 2008. (Rebecca Cook/Reuters)

Reuters - Shares of General Motors Corp jumped almost 18 percent on Monday after reports the No. 1 U.S. automaker had been in merger talks in recent weeks with smaller rivals Ford Motor Co and Chrysler LLC.

Mon, 13 Oct 2008 14:18:41 GMT

Current News Today

Johnston speaks on Bristol Palin, Obama and baby (AP)

In this Sept. 3, 2008 file photo, Levi Johnston, left, is seen with his girlfriend Bristol Palin, daughter of Republican vice presidential candidate Sarah Palin, at the Republican National Convention in St. Paul, Minn. Johnston, who's having a baby with Palin's daughter, can't believe all the things he's hearing. No, he wasn't held against his will on the campaign trail. No, he's not being forced into marrying 17-year-old Bristol Palin. No, this isn't a shotgun wedding. 'None of that's true,' Johnston, 18, said in brief interview with The Associated Press. 'We both love each other. We both want to marry each other. And that's what we are going to do.' (AP Photo/Paul Sancya/file)

AP - Levi Johnston, who's having a baby with Gov. Sarah Palin's daughter, can't believe all the things he's hearing.

Mon, 13 Oct 2008 11:37:07 GMT

Wall Street soars as government pledges bank aid (AP)

Traders gather at the post that handles Monsanto on the floor of the New York Stock Exchange, Monday Oct. 13, 2008. Wall Street snapped back Monday from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks.(AP Photo/Richard Drew)

AP - All the major indexes rose well over 5 percent, and the Dow Jones industrials gained nearly 480 points.

Mon, 13 Oct 2008 14:55:40 GMT

Pediatricians double vitamin D recommendations (AP)

Today, the Milk Processor Education Program (MilkPEP) launches a new consumer education campaign with the help of money expert Suze Orman to remind Americans that milk is a nutritional bargain when compared to other beverages. At about 25 cents per 8 ounce glass, on a gallon basis, milk offers more nutrients per penny than almost any other beverage option in the supermarket -- providing key vitamins and minerals like calcium and vitamin D that are important for the entire family. Visit whymilk.com for more info. (PRNewsFoto/MilkPEP)

AP - The nation's leading pediatricians group says children from newborns to teens should get double the usually recommended amount of vitamin D because of evidence that it may help prevent serious diseases.

Mon, 13 Oct 2008 04:41:00 GMT

Struggling McCain debuts comeback speech (Politico)

Republican presidential candidate, Sen. John McCain, R-Ariz., speaks with volunteers at his campaign headquarters in Arlington, Va. Sunday, Oct. 12, 2008. (AP Photo/Carolyn Kaster)

Politico - Three weeks before Election Day, John McCain on Monday is unveiling what his aides call a more forceful new stump speech in which he portrays himself as a scrappy fighter on the comeback trail against an opponent who’s already “measuring the drapes” in the Oval Office.

Mon, 13 Oct 2008 09:45:00 GMT