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GMAC Extends Deadline for Tender Offers

Updated: 12/10/2008 - GMAC Financial Services, the financing arm of General Motors, said Wednesday that its bid to become a bank holding company and qualify for aid under the government's $700 billion bank rescue plan may be in danger because it hasn't raised the capital needed to meet federal requirements.

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Office Depot Cutting 112 Stores, 2,200 Jobs

Updated: 12/11/2008 - Office Depot Inc. will close about 9 percent of its North American stores and cut 2,200 jobs over the next three months while planning to open fewer locations next year in an effort to cut costs.

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Stocks Rise on Optimism about Detroit Bailout

Updated: 12/10/2008 - Wall Street regained some of its optimism Wednesday and advanced on expectations that Congress will extend a lifeline to U.S. automakers and avoid a potential pitfall for the economy.

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Sebelius Reappoints Kansans to State Boards, Councils, Commissions

Updated: 12/10/2008 - Governor Kathleen Sebelius (D-Kan.) has made appointments of Kansans to several boards, including Unmarked Burial Preservation, Radiologic Technology Council, the State Highway Advisory Commission, and Kansas Animal Health Board.

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Lawrence Woman Gets 14½ Years for Beating Death

Updated: 12/10/2008 - On Nov. 7, Friday was found guilty of second-degree murder in the killing of Jerry DeShazer. Co-defendant Jerod Buffalohead testified he saw Friday hit DeShazer in the head and face with a bottle.

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Abdul Chides Fox, 'Idol' Producers Over Stalker

Updated: 12/10/2008 - Paula Abdul says the Fox network and "American Idol" producers knew Paula Goodspeed had stalked her, and allowed the woman to audition for the show anyway.

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Google Adds Old Magazines to Searches

Updated: 12/10/2008 - As part of its quest to corral more content published on paper, Google Inc. has made digital copies of more than 1 million articles from magazines that hit the newsstands decades ago.

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Clashes Break Out; Strike Shuts Down Greece

Updated: 12/10/2008 - Angry youths battled police outside Athens' main courthouse as a general strike paralyzed Greece, raising the pressure on a fragile government reeling from the country's worst riots in decades.

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Oversight Panel Questions Treasury on Bailout

Updated: 12/10/2008 - The oversight committee spelled out 10 pointed queries to the Treasury Department and questioned whether its shifting remedies constitute a strategic response to the financial crisis.

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Rice In Panama For Hemisphere Trade Talks

Updated: 12/10/2008 - Secretary of State Condoleezza Rice is in Panama for meetings aimed at finding ways for the hemisphere's poor to share in the benefits of free-trade agreements signed by nations of the region.

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Cancer To Be World's Top Killer By 2010, WHO Says

Updated: 12/10/2008 - Cancer will overtake heart disease as the world's top killer by 2010, part of a trend that should more than double global cancer cases and deaths by 2030, international health experts said in a report released Tuesday.

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FDA Advisers Weigh Risks Of Asthma Drugs

Updated: 12/10/2008 - In recent years, millions of asthma patients have started using long-acting drugs to help them breathe more normally, allowing for nights of uninterrupted sleep or workouts at the gym.

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Pakistan Confirms Mumbai Arrests

Updated: 12/10/2008 - Pakistan has detained a second alleged mastermind of the Mumbai terrorist attacks, the prime minister said Wednesday, apparently making good on pledges to pursue the perpetrators.

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US Special Forces Mistakenly Kill 6 Afghan Police

Updated: 12/10/2008 - U.S. Special Forces killed six Afghan police and wounded 13 early Wednesday in a case of mistaken identity by both sides after the police fired on the Americans during an operation against an insurgent commander, officials said.

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Luckiest Guys In Vegas: Simpson's 4 Accomplices

Updated: 12/10/2008 - The luckiest guys in Las Vegas this week were four O.J. Simpson accomplices who walked out of court with probation while the former football star sits in prison for his role in an armed confrontation over memorabilia from his past exploits.

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Somali Pirates Free Greek Ship With 19 Crew

Updated: 12/10/2008 - A Philippine official says Somali pirates have freed a Greek cargo ship with 19 crew members, mostly Filipinos, nearly three months after it was hijacked in the Gulf of Aden.

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Deal Reached In Principle On $15B Auto Bailout

Updated: 12/10/2008 - Officials struck an agreement in principle on the measure Tuesday and hoped to finalize it and schedule swift House and Senate votes as early as Wednesday.

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Deer Crashes into Michigan 4th-grade Classroom

Updated: 12/10/2008 - The six-point buck sent chairs, desks, books and shards of glass flying when he crashed through a window into a fourth-grade class in Michigan Monday.

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Ford Execs Say Company Differs from US Competition

Updated: 12/10/2008 - By shunning government loans, Ford Motor Co.'s top executives say they hope to buff up the automaker's image and set it apart from its cash-starved Detroit competitors, General Motors Corp. and Chrysler LLC.

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Deal Reached in Principle on $15B Auto Bailout

Updated: 12/10/2008 - Weary Democratic congressional leaders and White House officials agreed in principle Tuesday on a $15 billion bailout of U.S. automakers that would give the government extraordinary power to restructure the failing industry.

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Scientists Try to Mitigate Climate Change Effects

Updated: 12/10/2008 - Scientists studying the changing nature of the Earth's climate say they have completed one crucial task — proving beyond a doubt that global warming is real.

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