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Family, Admirers Prepare to Lay Helms to Rest

Posted: 07/08/2008 - Jesse Helms' family prepared Tuesday to lay the five-term U.S. senator to rest, gathering with a group of mourners that was expected to include national figures and home-state admirers.

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Hurricane Bertha Weakens to Category 2 Storm

Posted: 07/08/2008 - As of 11 a.m. EDT Tuesday, the center of the storm was about 660 miles east-northeast of the northern Leeward Islands and about 975 miles southeast of Bermuda.

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Scalpers Ask $1,500 for Free Bon Jovi Concert

Posted: 07/08/2008 - Bon Jovi's concert in Central Park this Saturday is free. But that isn't stopping some scalpers from selling tickets for as much as $1,500 a pair - despite a warning they cannot be resold.

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Siemens Cutting 17K Jobs Worldwide to Cut Costs

Posted: 07/08/2008 - Industrial conglomerate Siemens AG said Tuesday it will cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and slice nearly $2 billion in costs in the face of a slowing economy.

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G-8 Endorses Halving Global Emissions By 2050

Posted: 07/08/2008 - World leaders on Tuesday endorsed halving world emissions of greenhouse gases by 2050, edging forward in the battle against global warming but stopping short of tough, nearer-term targets.

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Panel Calls for New War Powers Legislation

Posted: 07/08/2008 - Congress should pass legislation to require the president to consult lawmakers before going to war, according to a bipartisan study group

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Iraq insists on withdrawal timetable

Posted: 07/08/2008 - Iraq's national security adviser said Tuesday his country will not accept any security deal with the United States unless it contains specific dates for the withdrawal of U.S.-led forces.

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Fed Plans New Rules to Protect Future Homebuyers

Posted: 07/08/2008 - The Federal Reserve, trying to stabilize a shaky U.S. financial system, may give squeezed Wall Street firms more time to tap the central bank's emergency loan program, chairman Ben Bernanke said Tuesday.

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Pending Home Sales Fall 4.7%

Posted: 07/08/2008 - The National Association of Realtors says pending U.S. home sales dipped in May as the housing market continues to struggle.

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US Ships Cigarettes, Bras, More to Iran

Posted: 07/08/2008 - U.S. exports to Iran grew more than tenfold during President Bush's years in office even as he accused Iran of nuclear ambitions and helping terrorists.

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Stocks Down on Credit Worries; Oil Drops Again

Posted: 07/08/2008 - Stocks are down in early trading, with investors still jittery about the nation's ailing banking system. Wall Street was relieved to hear Federal Reserve chairman Ben Bernanke say Tuesday that the central bank might extend its lending efforts to investment banks.

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Iraq Insists on Withdrawal Timetable

Posted: 07/08/2008 - Iraq's national security adviser says his country will not accept any deal with the United States unless the agreement sets specific dates for the withdrawal of U.S.-led forces.

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Fed Eyes Extending Emergency Loans for Wall Street

Posted: 07/08/2008 - The Federal Reserve is considering giving squeezed Wall Street firms more time to draw emergency loans directly from the central bank to help them overcome credit problems, chairman Ben Bernanke said Tuesday.

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Hurricane Bertha May Weaken Within a Few Days

Posted: 07/08/2008 - Forecasters say Hurricane Bertha could begin to weaken within the next couple of days. As of 5 a.m. EDT Tuesday, the center of the storm was about 675 miles east-northeast of the northern Leeward Islands and about 1,035 miles southeast of Bermuda.

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Convicted Husband Lead CA Police To Body

Posted: 07/08/2008 - A prominent software programmer who had denied having anything to do with his estranged wife's disappearance even after he was convicted of her murder led police Monday to what is believed to be her body, defense attorneys said.

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Oil Swings Down $6 Over 2 Days

Posted: 07/08/2008 - Oil prices swung below $140 a barrel Tuesday after a plunge of nearly $4 in the previous session, as the dollar strenthened and fears of a supply disruption faded.

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Siemens Cutting 16,750 Jobs Worldwide

Posted: 07/08/2008 - Industrial conglomerate Siemens AG says it is cutting 16,750 jobs worldwide because of the slowing economy. The cuts amount to 4.2 percent of its global work force.

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Medvedev: Meeting WIth Bush No Progress

Posted: 07/08/2008 - Russian President Dmitry Medvedev said Tuesday that his meeting with President Bush at a summit of the Group of Eight industrial powers resulted in no progress toward bridging deep disagreements between the former Cold War foes.

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