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Ill. Gov. Arrested in Obama Successor Probe

Posted: 12/09/2008 - Federal authorities arrested Illinois Gov. Rod Blagojevich Tuesday on charges that he brazenly conspired to sell or trade the U.S. Senate seat left vacant by President-elect Barack Obama to the highest bidder.

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Kansas Schools Using New Reading Tool

Posted: 12/09/2008 - Kansas Book Connect lists books that fit the reading level and interests of students by using annual reading scores and other student data. That information will be given to schools within the next few months .

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Stocks Give Back Gains after 2-day Rally

Updated: 12/09/2008 - Wall Street is giving back some of its gains from a two-day rally after negative outlooks from Texas Instruments Inc. and FedEx Corp. The companies' announcements reminded investors that the impact of the recession will be felt for some time.

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More Violence Wracks Greece Before Teen's Funeral

Posted: 12/09/2008 - Hundreds of teenagers fought police in front of Parliament Tuesday as mourners gathered to pay respects to a 15-year-old boy whose shooting by officers set off three days of rioting across Greece.

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Thunder, Flames in San Diego as Jet Crash Kills 3

Posted: 12/09/2008 - Residents near Marine Corps Air Station Miramar are accustomed to loud, low-flying military jets, but they immediately knew something was wrong when they heard the skies thunder. The explosions came moments later.

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Pelosi Likes Idea Of 'Car Czar' To Audit Bailout

Updated: 12/09/2008 - House Speaker Nancy Pelosi touted the notion of a 'car czar' to supervise an auto industry bailout, saying Tuesday that Big Three executives haven't adapted well to changing conditions.

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Stocks Head Toward Third Session of Gains

Posted: 12/09/2008 - Wall Street pointed to a third straight session of gains on Tuesday as investors held on to hopes that the government will reach an agreement to rescue U.S. automakers.

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'Car Czar' may Oversee Auto Industry Restructuring

Posted: 12/09/2008 - A federal "car czar" would oversee a government-run restructuring of U.S. auto companies in return for a $15 billion bailout of the beleaguered industry under an emerging deal between the White House and Congress.

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World Markets Cement Monday's Hefty Gains

Posted: 12/09/2008 - World markets were slightly higher Tuesday as investors continued to buy up battered stocks on the back of renewed hopes that governments will enact meaningful fiscal measures to limit the length and depth of the global recession.

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Sony Slashing 8,000 Jobs Amid Global Downturn

Posted: 12/09/2008 - Sony is slashing 8,000 jobs, or 4 percent of its global work force, aiming to cut costs by $1.1 billion a year as a global downturn and stronger yen batters profits at the Japanese electronics maker.

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