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STUNTMAN: Jon Templeton will act as Hugh Jackman's stunt double in the film Australia. Picture: MEGAN BRAYLE

 

 

USA National News

CHICHESTER, N.H. - A pastor in this quiet, picturesque New England town thought he was doing the Christian thing when he took in a convicted child killer who had served his time but had nowhere to go. But some neighbors of the Rev. David Pinckney vehemently disagree, one even threatening to burn his house down after officials could find no one else willing to take 60-year-old Raymond Guay.

    • Former top NM senator sentenced in corruption case AP - 23 minutes ago

      ALBUQUERQUE, N.M. - A former leader of the New Mexico Senate was sentenced to 5 1/2 years in prison Tuesday for his role in a scheme to defraud the state of some $4 million in a courthouse construction project.

    • Karen Hayden, librarian at the Little Dixie Regional Library, looks over several of her older children's Friday, March 13, 2009, in the children's section of the library in Moberly, Mo. Federal regulators say that librarians should limit access to books that were printed before 1985 because the ink may contain lead.  (AP Photo/L.G. Patterson)
      Lead is feared in children's books AP - 1 hour, 57 minutes ago

      JEFFERSON CITY, Mo. - Could a vintage, dog-eared copy of "The Cat in the Hat" or "Where the Wild Things Are" be hazardous to your children?

    • This undated file photo released by the Manhattan District Attorney's Office in New York shows Charles Carneglia. A federal jury in New York deliberated over four days before reaching a guilty verdict Tuesday, March 17, 2009 against Carneglia in the slayings of four people, including a security guard killed during an armored car heist in 1990. (AP Photo/Manhattan District Attorney's Office, File)
      Mafia assassin convicted in 4 NYC murders AP - 49 minutes ago

      NEW YORK - An aging hit man once used as an enforcer by mob boss John Gotti was convicted on Tuesday in the cold-blooded slayings of four people, including a security guard gunned down during an armored car heist in 1990.

    • Air Force nurse charged in 3 patients' drug deaths AP - 2 hours, 23 minutes ago

      SAN ANTONIO - An Air Force nurse has been charged with giving lethal amounts of medication to three terminally ill patients in his care, military officials said Tuesday.

    • Petland is accused of scheme to sell sick puppies AP - 5 minutes ago

      COLUMBUS, Ohio - The Humane Society of the United States has accused Petland Inc. of scheming to sell sick puppies to thousands of unsuspecting consumers.

    • This police booking photo released by California Department of Corrections and Rehabilitation Monday, March 24, 2008, shows former 1970's radical Sara Jane Olson. Olson is scheduled to be released on Tuesday, March 17, 2009. (AP Photo/California Department of Corrections and Rehabilitation)
      Sara Jane Olson, ex-1970s radical, freed from Calif. prison AP - 43 minutes ago

      CHOWCHILLA, Calif. - Sara Jane Olson, the 1970s radical who assumed a new identity as a Minnesota housewife while spending a quarter century as a fugitive, was released from prison Tuesday, a corrections spokeswoman said.

    • Prosecutor: SoCal arson killer felt 'all powerful' AP - 1 hour, 48 minutes ago

      RIVERSIDE, Calif. - A man convicted of murdering five firefighters by igniting a wildfire got thrills from committing arson, a prosecutor told jurors Tuesday in penalty phase arguments.

    • Guyana drug boss faces 15 years on coke rap in NYC AP - 1 hour, 27 minutes ago

      NEW YORK - A South American businessman said to have led a violent paramilitary organization in Guyana is likely to spend the next 15 years in a U.S. prison.

    • An undated photo provided by Frazer, Pa.-based Cephalon, Inc., shows bottles of its presription drug Provigil. A small government study shows that the popular brain-boosting drug may carry a risk of addiction like other popular stimulants. Provigil is approved to treat excessive daytime sleepiness caused by narcolepsy. On the market since 1999, it's the company's flagship product. (AP Photo/Cephalon Inc.)
      Study: 'Smart drug' Provigil may be habit-forming AP - 48 minutes ago

      CHICAGO - A so-called "smart drug" popular with young people may carry more of an addiction risk than thought, a small government study suggests. Scans of 10 healthy men showed that the prescription drug Provigil caused changes in the brain's pleasure center, very much like potentially habit-forming classic stimulants. Modafinil, the drug's generic name, is sometimes used as an illegal study aid by college students.

    • Pallbearers carry a casket from the First Baptist Church in Samson, Ala., Tuesday, March 17, 2009.  Four of the ten people gunman Michael McClendongunned down last week were buried Tuesday. They were McLendon's relatives; Virginia Ett Wise, James Alfred White, Tracy Michelle Wise and Dean James Wise. (AP Photo/Dave Martin)
      Hundreds mourn 4 relatives, victims of Ala. gunman AP - 12 minutes ago

      SAMSON, Ala. - The funeral procession for four people killed in a 24-mile shooting spree in south Alabama retraced part of the gunman's route Tuesday, and the small, tight-knit town tried mightily to move beyond the carnage that has come to define it.

    • Brittany Ferris, center, 3,  her mother Dawn, right, and Brittany Perrotte, left, of Pittsburgh join other revelers for the St. Patrick's Day Parade Tuesday, March 17, 2009  in New York. St. Patrick's Day revelers took a break from worries about the global economy to enjoy a day of shamrock-themed frivolity, dyeing city fountains green, taking icy ocean plunges and crowding sidewalks along parade routes to see and be seen.  (AP Photo/Frank Franklin II)
      St. Patrick's revelers in US fete all things Irish AP - 2 hours, 36 minutes ago

      NEW YORK - St. Patrick's Day revelers took a break from worries about the global economy to enjoy a day of shamrock-themed frivolity, dyeing city fountains green, taking icy ocean plunges and crowding sidewalks along parade routes to see and be seen.

    • In this Oct. 15, 2008 file photo, New York State Attorney General Andrew Cuomo listens to a question at a news conference on Wall Street Wednesday in New York. Cuomo has subpoenaed Bank of America Corp. Chief Executive Ken Lewis as part of an investigation into whether the bank misled investors about losses and executive bonuses at Merrill Lynch & Co, The Wall Street Journal reported Thursday, Feb. 19, 2009. (AP Photo/Craig Ruttle, file)
      NY atty gen says 73 AIG execs got $1M bonuses AP - 2 hours, 1 minute ago

      ALBANY, N.Y. - Troubled insurance giant American International Group paid bonuses of $1 million or more to 73 employees, including 11 who no longer work for the company, New York Attorney General Andrew Cuomo said Tuesday.

    • In this May 22, 2008 file photo, Sen. Charles Grassley, R-Iowa is seen on Capitol Hill in Washington. Grassley suggested on Monday March 16, 2009 that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves. (AP Photo/J. Scott Applewhite, File)
      Senator suggests AIG execs should kill themselves AP - Tue Mar 17, 8:18 AM ET

      IOWA CITY, Iowa - Iowa Sen. Charles Grassley suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves.

    • 2 arrested in missing cars case appear in court AP - 2 hours, 43 minutes ago

      TOOELE, Utah - Two people arrested in Utah in connection with the disappearance of dozens of cars from a dealership in Nebraska have had their first court appearance.

    • Judge: Ark. foster, adoption ban suit can proceed AP - 2 hours, 42 minutes ago

      LITTLE ROCK, Ark. - An Arkansas judge says a lawsuit can go forward challenging the state's ban on unmarried couples adopting children.

    Crimes and Trials News

    • Feds won't prosecute convicted courthouse gunman AP - 5 minutes ago

      ATLANTA - Federal prosecutors said Tuesday they will not bring charges against Atlanta courthouse gunman Brian Nichols, who avoided the death penalty last year after he was convicted of murdering four people in a shooting spree that began in an Atlanta courthouse.

    • This still image from video footage courtesy of WDHN News 18 via CNN shows the scene in Samson, Alabama after a gunman went on a shooting rampage. The disgruntled Alabama loner who killed 10 people this week in a three-town gun spree before committing suicide left behind a note detailing how he killed his mother, officials said.(AFPWDHN News 18/CNN/File)
      Hundreds mourn 4 relatives, victims of Ala. gunman AP - 12 minutes ago

      SAMSON, Ala. - The funeral procession for four people killed in a 24-mile shooting spree in south Alabama retraced part of the gunman's route Tuesday, and the small, tight-knit town tried mightily to move beyond the carnage that has come to define it.

    • Trial juror Eric Wuest leaves the federal courthouse in Philadelphia, Monday, March 16, 2009 after helping convict a former state senator in a major corruption case. A U.S. judge let Wuest stay on the jury despite his occasional Twitter and Facebook online posts about the case, including one last week that hinted a verdict was near. Given the popularity of such sites, some lawyers want judges to clarify that online communications about a case are also prohibited. (AP Photo/Matt Rourke)
      Jurors' online posts concern trial lawyers AP - 1 hour, 10 minutes ago

      PHILADELPHIA - Eric Wuest's post late Friday to Facebook friends teased: "Stay tuned for a big announcement on Monday everyone!"

     

     

     

    Cuomo says AIG paid $1M-plus bonuses to 73 workers

    ALBANY, N.Y. – Troubled insurance giant American International Group paid bonuses of $1 million or more to 73 employees, including 11 who no longer work for the company, New York Attorney General Andrew Cuomo said Tuesday. Full Story»

    More Top Stories Video »

     

    Business News
    Wall Street resumes rally following housing report
    AP - 

    NEW YORK - Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction.

    Economy News

    • US President Barack Obama speaks before taking part in the annual Shamrock Ceremony in the Roosevelt Room of the White House in Washington, DC. Obama said Tuesday the United States stood with those who seek peace in Northern Ireland and praised its people for responding "heroically" to recent sectarian attacks.(AFP/Mandel Ngan)
      Obama defends tackling many problems at same time AP - 13 minutes ago

      WASHINGTON - President Barack Obama on Tuesday brushed aside criticism that he's trying to take on too many issues at once, defending a $3.6 trillion budget that seeks to shore up the economy while also overhauling health care, energy and education.

    • U.S. housing offers hope for economy Reuters - 46 minutes ago

      WASHINGTON (Reuters) - U.S. housing starts and permits rebounded in February from record lows, rising for the first time in 10 months, according to data on Tuesday that gave a glimmer of hope for the recession-hit economy.

    • Construction contractor Mike Day works on building a new home in Springfield, Ill., Monday, Mar. 16, 2009. The Commerce Department reported Tuesday that housing construction surged 22.2 percent in February to a seasonally adjusted annual rate of 583,000 units. Even with the big gain, which took economists by surprise, construction activity is 47.3 percent below the level of a year ago as the housing sector remains mired in its worst slump in decades. (AP Photo/Seth Perlman)
      Housing starts surge; wholesale prices edge up AP - 49 minutes ago

      WASHINGTON - Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West.

    Stock Markets News

    • Disgraced Wall Street financier Bernard Madoff leaves US Federal Court after a hearing on March 10, 2009 in New York. US tax authorities on Tuesday announced new rules that could ease the pain of thousands of investors who lost their shirts in Madoff's Ponzi scheme.(AFP/File/Stan Honda)
      Surprise jump in housing starts ignites Wall St. rally Reuters - 10 minutes ago

      NEW YORK (Reuters) - Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.

    • Floor official Jonathan Corpina monitors trading activity at the New York Stock Exchange Tuesday, March 17, 2009. (AP Photo/Mark Lennihan)
      Wall Street resumes rally following housing report AP - 29 minutes ago

      NEW YORK - Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction.

    • The FTSE 100 index of leading shares slumped at the close of session owing to retreating commodities.(AFP/File/Ben Stansall)
      London stocks end in the red AFP - Tue Mar 17, 1:10 PM ET

      LONDON (AFP) - The FTSE 100 index of leading shares slumped at the close of session on Tuesday owing to retreating commodities.

    Earnings News

    • Adobe 1Q profit, sales drop, squeezed by downtown AP - 17 minutes ago

      NEW YORK - Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in its fiscal first-quarter profit and sales Tuesday, squeezed by the economic downturn.

    • Adobe results and forecast meet Wall St view Reuters - 37 minutes ago

      BOSTON (Reuters) - Design software maker Adobe Systems Inc forecast a decline in quarterly profit that was in line with Wall Street projections, sending its shares up 2 percent.

    • Blockbuster seeks to ease worries with 4Q report AP - Tue Mar 17, 8:27 AM ET

      SAN FRANCISCO - The troubled video rental chain Blockbuster Inc. is scheduled to report its fourth-quarter results after the stock market closes Thursday. The following is a summary of key developments and analyst opinion related to the period.

    Industries

    • Will gas prices stay put for long? AP - 39 minutes ago

      NEW YORK - Each year around this time gas prices begin to rise and continue to do so well into summer, but this is not your typical year.

    • Workers enter the Opel plant in Bochum, Germany, Tuesday, March 17, 2009. Germany's economic minister Karl-Theodor zu Guttenberg says he believes General Motors Corp. is willing to do its part to ensure the survival of its Opel subsidiary, a key automaker in Europe's biggest economy.  (AP Photo/Martin Meissner)
      GM CEO says bankruptcy would cause liquidation AP - 2 hours, 12 minutes ago

      DETROIT - If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long bankruptcy would scare customers away, CEO Rick Wagoner said Tuesday.

    • U.N. advises governments how to stop Internet drug peddling Reuters - 2 hours, 52 minutes ago

      VIENNA (Reuters) - The U.N. narcotics watchdog on Tuesday issued guidelines on how to crack down on Internet drug peddling at the request of governments struggling to contain growing abuse of prescription drugs.

    Opinion

    • Some Relief from the High Cost of Health Insurance BusinessWeek Online - Tue Mar 17, 8:08 AM ET

      The rise in corporate layoffs over the last 15 months is leaving more people, especially those close to retirement age, scrambling to find health insurance they can afford. "It's the early baby boomers, in the 58- to 64-age bracket, who are the ones getting downsized," says financial planner Charles Auerbach, co-founder of Wealth Strategies Group in Cordova, Tenn. Not only do they lose their last years of income when they get laid off, the "insult to injury is they're going to see their health-insurance payments double or triple," he says.

    • European B-Schools Thrive in Down Times BusinessWeek Online - Tue Mar 17, 8:08 AM ET

      For Chris Carey, a 32-year-old West Point graduate who spent seven years in the U.S. Army and a few years as a Morgan Stanley MS financial adviser on the West Coast, deciding where to get an MBA came down to one thing: international exposure. That's why he passed on many of the top U.S. B-schools, instead choosing the one-year MBA course at the Vlerick Leuven Gent Management School in Belgium. "It's important to understand how people from different countries do different things in different ways," Carey says.

    • As Jobs Dry Up, MBAs Seek Alternative Paths BusinessWeek Online - Tue Mar 17, 8:08 AM ET

      Claire Williams isn't your typical MBA student. The 27-year-old from Berkeley, Calif., holds a postgraduate degree in anthropology from Stanford University and will publish her first book next year on how Generation Y deals with career choices. On top of that, she has spent the past three years running her own nonprofit organization in Western Africa, all while commuting from her home base in Buenos Aires. "I didn't think I would fit into the business school environment," she laughs.

    Most Popular Business News

    • In this Feb. 12, 2009 file photo, President Barack Obama addresses employees at the Caterpillar plant in East Peoria, Ill. On Tuesday, March 17, 2009, Caterpillar Inc., announced plans to lay off more than 2,400 employees at five plants in Illinois, Indiana and Georgia. Caterpillar, the world's largest maker of mining and construction equipment, has seen its sales wither as the sluggish world economy and credit crisis weaken demand for its products, used to build everything from houses to highways. (AP Photo/Charles Rex Arbogast, File)
      Caterpillar to lay off 2,454 workers in 3 states AP - 51 minutes ago

      PITTSBURGH - Caterpillar Inc. on Tuesday announced plans to lay off more than 2,400 employees at five plants in Illinois, Indiana and Georgia as the heavy equipment maker continues to cut costs amid the global economic downturn.

    • In this March 12, 2009 file photo, Bernard Madoff arrives at Manhattan federal court in New York. The Internal Revenue Service issued guidelines Tuesday, March 17, 2009 that will allow tax relief and refunds for some Bernard Madoff victims who were levied for investment earnings that turned out to be nonexistent. (AP Photo/ Louis Lanzano, file)
      IRS giving relief to some Madoff investors AP - 12 minutes ago

      WASHINGTON - The Internal Revenue Service issued guidelines Tuesday that will allow tax relief and refunds for some Bernard Madoff victims who were levied for investment earnings that turned out to be nonexistent. IRS Commissioner Douglas Shulman told Congress the new guidelines are for taxpayers who have suffered losses from Ponzi investment schemes such as the massive Madoff swindle.

    • Housing starts surge; wholesale prices edge up AP - 49 minutes ago

      WASHINGTON - Housing construction posted a surprisingly large increase in February, bolstered by strength in all parts of the country except the West.

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