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GMAC Files with Fed for Bank Holding Status

Updated: 11/20/2008 - GMAC Financial Services has applied to the Federal Reserve to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the Treasury's $700 billion bank rescue plan.

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Dems: Napolitano Emerges for DHS Job

Updated: 11/20/2008 - Arizona Gov. Janet Napolitano, an early Barack Obama supporter from the southwestern part of the country, is a leading contender for the job of secretary of homeland security, Democratic officials said.

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Jobless Claims Jump to 16-Year High

Updated: 11/20/2008 - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.

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Oil Falls Below $53 On Fears Of Deep Recession

Updated: 11/20/2008 - Oil prices fell below $53 to almost a two-year low Thursday as investors, worried by plummeting stock markets, priced in lower crude demand as the global economic downturn shapes up to be the worst in decades.

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Dems Look To Stop Endangered Species Rule Changes

Updated: 11/20/2008 - With the Bush administration on the verge of relaxing regulations protecting endangered species, Democratic leaders are looking at ways to overturn any last-minute rule changes.

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Ben Affleck Visits Refugee Camps In Eastern Congo

Updated: 11/20/2008 - Ben Affleck is trying to draw more attention to the conflict in eastern Congo, touring refugee camps and consulting with aid workers in the region where at least 250,000 people have been displaced by recent fighting.

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China to overhaul battered dairy industry

Updated: 11/20/2008 - China's dairy industry, at the center of the country's latest food safety scandal, will be overhauled to improve every step from cow breeding to milk sales, the government said.

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China To Overhaul Battered Dairy Industry

Updated: 11/20/2008 - China announced a complete overhaul of its dairy industry Thursday to improve safety at every step - from cow breeding to milk sales - saying its worst food quality scandal in years had revealed "major problems" in quality control.

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Arraignment Set For Cheney, Gonzales In Texas

Updated: 11/20/2008 - A Texas judge has set a Friday arraignment for Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others named in indictments accusing them of responsibility for prisoner abuse in a federal detention center.

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Calif. Supreme Court To Take Up Gay Marriage Ban

Updated: 11/20/2008 - California's highest court agreed Wednesday to hear several legal challenges to the state's new ban on same-sex marriage but refused to allow gay couples to resume marrying before it rules.

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States Disagree Greatly On Amber Alert Criteria

Updated: 11/20/2008 - Authorities count hundreds of Amber Alert cases across the country as success stories when they start explaining why the media-friendly and politically popular bulletins are so important.

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Stocks Point Lower on Economic Worries

Updated: 11/20/2008 - U.S. stocks looked to extend their losses at the open Thursday as investors found little relief from worries about the fate of Detroit's three automakers and broader fears about the struggling economy.

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Detroit Automakers' Rescue Stalls in Senate

Updated: 11/20/2008 - A plan to give troubled U.S. automakers billions of dollars in government-backed loans is on life support, leaving the fate of hundreds of thousands of workers and Detroit's once-venerable car companies hanging in the balance.

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Oil Falls Below $53 on Fears of Deep Recession

Updated: 11/20/2008 - Oil prices fell below $53 to almost a two-year low Thursday as investors, worried by plummeting stock markets, priced in lower crude demand as the global economic downturn shapes up to be the worst in decades.

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Dow Slips Below 8,000 on Growing Fear of Deflation

Updated: 11/19/2008 - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial meltdown began.

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Astronaut Who Lost Tool Bag Admits Making Mistake

Updated: 11/19/2008 - The astronaut who lost her tool bag on a spacewalk admitted Wednesday that she made a mistake by not checking to see if the sack was tied down, and said she's still smarting over the whole thing.

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Mammoth Task: Scientists Map DNA of Ancient Beast

Updated: 11/19/2008 - Bringing "Jurassic Park" one step closer to reality, scientists have deciphered much of the genetic code of the woolly mammoth, a feat they say could allow them to recreate the shaggy, prehistoric beast in as little as a decade or two.

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Sen. Clinton Weighing Secretary of State Post

Updated: 11/19/2008 - Associates of Sen. Hillary Rodham Clinton said Wednesday the former first lady is weighing whether to leave the Senate and become secretary of state in the Obama administration, a job they say she believes is hers if she wants it.

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Surgeon Who Did First US Heart Transplant Dies

Updated: 11/19/2008 - Dr. Adrian Kantrowitz, a cardiac surgeon who performed the nation's first human heart transplant and who also developed lifesaving medical implants, has died. He was 90. Kantrowitz died Friday in Ann Arbor of complications from heart failure, said his wife, Jean Kantrowitz.

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Insurers Make Pitch for Health Coverage Mandate

Updated: 11/19/2008 - The health insurance industry said Wednesday it will support a national health care overhaul that requires them to accept all customers, regardless of pre-existing medical conditions — but in return it wants lawmakers to mandate that everyone buy coverage.

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Teen Lives 4 Months With No Heart, Leaves Hospital

Updated: 11/19/2008 - D'Zhana Simmons says she felt like a "fake person" for 118 days when she had no heart beating in her chest. "But I know that I really was here," the 14-year-old said, "and I did live without a heart."

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