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Schwarzenegger: Deficit is 'rock upon our chest'

Updated: 01/15/2009 - Gov. Arnold Schwarzenegger on Thursday called California's massive budget deficit a "rock upon our chest" and said the state can address no other policy issues until the crisis is resolved.

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Bone-chilling temperatures settle over East

Updated: 01/15/2009 - Bone-chilling cold settled in Thursday from the Midwest to the Northeast Thursday, bringing teeth-chattering misery with temperatures that sank as low as 47 below zero. In some places, the temperature was the lowest it'd been in years, including Chicago, where it was 11 below zero at O'Hare International Airport Thursday morning. It was the coldest daytime temperature in a more than a decade.

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Ex-FBI agent sentenced to 40 years in 1982 killing

Updated: 01/15/2009 - Former FBI agent John Connolly was sentenced Thursday to 40 years in prison for slipping information to Boston mobsters that led to the 1982 shooting death of a Miami gambling executive.

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All survive plane crash in NYC's Hudson River

Updated: 01/15/2009 - A US Airways jetliner crashed into the frigid Hudson River on Thursday afternoon after a collision with a flock of birds disabled both its engines, sending more than 150 passengers and crew members scrambling onto rescue boats, authorities say. No deaths or serious injuries were immediately reported.

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Kellogg pulls crackers over salmonella concerns

Updated: 01/15/2009 - Concerns over consumer exposure to salmonella intensified Thursday, a day after Kellogg Co. asked stores to stop selling its peanut butter sandwich crackers until the food maker can figure out if the peanut paste is contaminated.

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Courts await money manager's release from hospital

Updated: 01/15/2009 - An Indiana financial manager suspected of staging his death in a plane crash and leading authorities on a chaotic three-day, multistate manhunt was recovering from a suicide attempt at a hospital Thursday as his legal troubles mounted.

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Obama's SEC choice promises aggressive action

Updated: 01/15/2009 - President elect-Barack Obama's choice to head the Securities and Exchange Commission promised Thursday to revitalize the embattled agency's enforcement efforts and bring other changes to bolster investor protection.

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JPMorgan posts profit, but 'disappointing' one

Updated: 01/15/2009 - JPMorgan Chase eked out a fourth-quarter profit, but its results were anything but calming to investors worried about the mountain of upcoming losses in the troubled banking sector.

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Bank stocks plunge on fresh insolvency fears

Updated: 01/15/2009 - Shares of major U.S. banks plunged Thursday as the government mulled giving Bank of America Corp. a fresh multibillion-dollar aid package, raising fears on Wall Street that the battered financial sector may need an even bigger bailout.

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GM cuts US industry sales forecast to 10.5 million

Updated: 01/15/2009 - General Motors Corp. on Thursday cut its 2009 industrywide U.S. sales forecast to 10.5 million vehicles, citing continued uncertainty about when the market for new cars might recover.

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Stocks regain ground as hopes grow for bailout

Updated: 01/15/2009 - Wall Street recovered from a sharp early drop Thursday as investors worrying about a revival of the banking crisis grew optimistic that the government will again help the financial industry.

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Top Afghan army general killed in chopper crash

Updated: 01/15/2009 - A top Afghan army general was killed Thursday in a helicopter crash in western Afghanistan, and two British troops died in a blast in the country's south, officials said.

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UNICEF: Teen births 5 times deadlier than in 20s

Updated: 01/15/2009 - Girls who give birth before the age of 15 are five times more likely to die in childbirth than women in their 20s, the U.N. said Thursday, focusing its annual children's survey on the health of their mothers.

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Iraq Cabinet member escapes bomb in Baghdad

Updated: 01/15/2009 - An Iraqi Cabinet member escaped injury Thursday when a roadside bomb exploded near his convoy in Baghdad, as tensions rose between Arab and Kurdish politicians in the north ahead of regional elections.

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Iraq Cabinet member escapes bomb in Baghdad

Updated: 01/15/2009 - An Iraqi Cabinet member escaped injury Thursday when a roadside bomb exploded near his convoy in Baghdad, as tensions rose between Arab and Kurdish politicians in the north ahead of regional elections.

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Dung deal: Elephant count surprises in Malaysia

Updated: 01/15/2009 - A count of elephant dung revealed a surprisingly large endangered elephant population - more than 600 - in Malaysia's biggest national park, researchers said Thursday.

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Top Afghan army general killed in chopper crash

Updated: 01/15/2009 - A top Afghan army general was killed Thursday in a helicopter crash in western Afghanistan, and two British troops died in a blast in the country's south, officials said.

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Children's health debate moves to Senate

Updated: 01/15/2009 - Legislation that would increase spending for children's health care has lost support from some key Senate Republicans, but they acknowledged that they probably can't do much to block the effort.

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Pentagon Iraq withdrawal has 16-month time frame

Updated: 01/15/2009 - Pentagon officials said Thursday they are readying a range of plans for a pullout of U.S. combat troops from Iraq, including a possible drawdown within the 16-month time frame promised by President-elect Obama.

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House Democrats propose $825 billion stimulus bill

Updated: 01/15/2009 - Working closely with President-elect Barack Obama, House Democrats on Thursday called for $825 billion in federal spending and tax cuts to revive the moribund economy, with strong emphasis on energy, education, health care and jobs-producing highway construction.

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Bone-chilling temperatures settle over East

Updated: 01/15/2009 - Bone-chilling cold settled in Thursday from the Midwest to the Northeast Thursday, bringing teeth-chattering misery with temperatures that sank as low as 47 below zero.

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