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Stocks dip with investors wary before Fed's rate decision

Posted: 04/29/2008 - Wall Street pulled back modestly Tuesday as investors, disappointed by a low reading on consumer sentiment, traded with caution ahead of the Federal Reserve's Wednesday decision on interest rates.

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French Envoy in Colombia for Hostages

Posted: 04/29/2008 - France's foreign minister and President Alvaro Uribe on Monday sought to advance efforts to free hostages held by Colombia's leftist rebels.

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Obama Says Opponents Pandering on Gas Tax

Updated: 04/29/2008 - Democrat Barack Obama dismissed his rivals' calls for national gas tax holiday as a political ploy that won't help struggling consumers. Hillary Rodham Clinton said his stance shows he's out of touch with the economic realities faced by ordinary citizens.

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Bush: Farm Bill Won't Help Food Prices

Updated: 04/29/2008 - Members of Congress negotiating a multibillion-dollar farm bill continued to disagree Tuesday over the size of payments to wealthy farmers as President Bush renewed his call to reduce those subsidies.

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FDA rejections suggest higher bar for cholesterol drugs

Posted: 04/29/2008 - Regulators ended last week and started this one by rejecting two potential blockbuster cholesterol drugs, leaving three drugmakers reeling and Wall Street wondering if tougher approval standards are here.

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Cat OK After 4 Days in Drain Pipe

Updated: 04/29/2008 - Bud the cat is back home safe and sound after spending more than four days stuck in a drain pipe in his family's yard in Harrisburg.

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UN to Set Up Task Force to Tackle Global Food Crisis

Posted: 04/29/2008 - The United Nations will establish a top-level task force to tackle food shortages and escalating prices that threaten to touch off a "cascade of related crises" around the world, Secretary-General Ban Ki-moon said Tuesday.

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Dell to Cut Jobs in Ireland

Posted: 04/29/2008 - Personal computer maker Dell Inc. announced Tuesday that it will lay off 250 workers in Ireland as part of its global cost-cutting plan, a decision economists said reflected the rising expense of doing business here.

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Tijuana Drug Violence Threatens Hospital

Posted: 04/29/2008 - Soldiers held Tijuana's main hospital in a virtual lockdown Tuesday as doctors treated eight drug traffickers wounded in running shootouts in this border city.

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Expected Supply Growth Lowers Oil Prices

Updated: 04/29/2008 - Oil prices fell more than $3 a barrel Tuesday as the market absorbed data showing demand is falling even as supplies are rising. Meanwhile, gas prices inched higher at the pump, continuing their record-breaking press toward $4 a gallon.

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McCain Offers Tax Credit in Health Care Plan

Updated: 04/29/2008 - Republican John McCain wants to change how people get their health insurance, shifting away from job-based coverage to an open market where people can choose from competing policies.

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Alleged Jimi Hendrix Sex Tape to Be Released

Posted: 04/29/2008 - Vivid Entertainment is releasing a sex tape allegedly starring Jimi Hendrix. The Los Angeles-based adult entertainment company said they obtained the footage of the music legend shot in a hotel room about 40 years ago from a memorabilia collector.

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Obama Rips Rev. Wright

Updated: 04/29/2008 - Democratic candidate further distances himself from controversial minister, says he's outraged by ex-pastor's remarks, "saddened" by "spectacle" of recent appearance and that his views do not accurately reflect the state of the black church.

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Cox Eyes Online Ad Growth, Buys Startup $300 Million

Posted: 04/29/2008 - The media conglomerate Cox Enterprises is pinning hopes on internet advertising while television and newspaper audiences shrink. So they're planning to spend $300 million to buy a company that helps web sites pool their ad space.

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Yahoo To Outsource Messenger Phone Calls To Jajah

Posted: 04/29/2008 - Startup company Jajah will take over the internet telephone functions of its instant messaging program. The new company will handle billing and customer care and will connect the calls to and from users of Yahoo Messenger. It's a major coup for Jajah, a three-year old company that now boasts 10 million customers.

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Exercise-Heart Study Casts Doubt On 'Fit-But-Fat' Theory

Posted: 04/29/2008 - Challenging the notion that you can be fat and fit, new reasearch finds that being active can lower but not eliminate heart risks that heavy women face. Doctors say weight still matters. Previous research went back and forth on the issue.

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Review: "Ironman" Blockbuster With A Brain

Updated: 04/29/2008 - Good acting, a surprisingly relatable main character and a somewhat "realstic" superhero power make "Ironman" a summer blockbuster. It may even give that spidey-sense movie a run for its money.

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Record Oil Prices Drive Shell 1Q Profits Up 25%

Posted: 04/29/2008 - Royal Dutch Shell PLC's first-quarter profits rose 25 percent, Europe's largest engery company reported Tuesday, on unheard of prices for a barrel of oil.

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