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Bernanke Says Exec Compensation Must Be Monitored

Updated: 03/20/2009 - Federal Reserve Chairman Ben Bernanke on Friday called for banking supervisors to pay "close attention" to compensation practices as they examine the soundness of financial institutions.

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Iran Plays Down New Obama Video Message

Updated: 03/20/2009 - Iran played down President Barack Obama's new video message to the Iranian people on Friday, saying it welcomed the overtures but warned that decades of mistrust can't easily be erased.

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Ex-AIG CEO: Don't Blame Me For Bonuses

Updated: 03/20/2009 - All week, Washington has been hearing and expressing outrage over $165 million in retention bonuses received by employees of American International Group, the insurance giant being kept alive by more than $182 billion in taxpayer bailout money. On Thursday, Early Show co-anchor Maggie Rodriguez sat down with former AIG CEO Maurice "Hank" Greenberg, and talked about those bonuses.

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Weak Food Inspection Protocol Revealed

Updated: 03/20/2009 - The mortgage meltdown exposed the weakness of self-regulation in financial markets. Now the salmonella outbreak is doing the same for the food industry.

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N. Ireland Publishes Abortion Rules

Updated: 03/20/2009 - Northern Ireland's health department published instructions to doctors Friday that for the first time explain the rare circumstances under which they can perform a legal abortion.

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New Estimate Has Deficit Topping $1.8T

Updated: 03/20/2009 - The federal budget deficit for the current year will top $1.8 trillion under the latest estimates produced by congressional economists, say Capitol Hill aides briefed on the figures.

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Space station's new solar wings open easily

Updated: 03/20/2009 - Astronauts successfully unfurled the newly installed solar wings at the international space station Friday, a nerve-racking procedure that went exceedingly well.

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$1 trillion deficits seen for next 10 years

Updated: 03/20/2009 - President Barack Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last month.

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Weis plans to stay on field during games

Updated: 03/20/2009 - - Notre Dame coach Charlie Weis plans to coach the Fighting Irish from the field next season. At least that's the plan for now.

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NOPD: Man 'impersonating' cop was real officer

Updated: 03/20/2009 - New Orleans police say a man at first described as a police impersonator who ordered women to undress in their homes has turned out to be a rookie officer.

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Obama urges states to use recovery money carefully

Updated: 03/20/2009 - With states eager to spend, President Barack Obama announced guidelines Friday aimed at preventing waste and fraud and limiting the influence lobbyists will have in carrying out the $787 billion economic stimulus program.

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Austrian cyclist arrested over doping trade

Updated: 03/20/2009 - Police in Austria have arrested an unidentified professional cyclist for allegedly supplying doping substances to other riders over an extended period of time.

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Obama urges states to use recovery money carefully

Updated: 03/20/2009 - With states eager to spend, President Barack Obama announced guidelines Friday aimed at preventing waste and fraud and limiting the influence lobbyists will have in carrying out the $787 billion economic stimulus program.

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Liverpool-Chelsea again in Champions League

Updated: 03/20/2009 - Liverpool was paired with Chelsea in the Champions League for the fifth time in five years on Friday, while Barcelona was matched against Bayern Munich in another quarterfinal

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