Bush unveils modest mortgage proposals
President Bush announced modest proposals to curb rising mortgage defaults that have unsettled markets. Analysts expect Congress to expand steps in coming weeks as up to 2 million homeowners fear losing homes. Bernanke signaled possible rate cuts, easing fears while Bush cautioned against bailing out speculators. The Dow rose 119 points as markets steadied under renewed policy signals.
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Washington
Bush
Congress
White House
David Seiders
National Association of Home Builders
Federal Reserve
Ben Bernanke
Fed
Wyoming
Bernanke
Wall Street
Rose Garden
Nifong Held in Contempt for Lying in Duke Rape Case
Duke prosecutor Mike Nifong was sentenced to a day in jail for criminal contempt after lying to a judge about DNA test results in the lacrosse case. Judge W Osmond Smith III said Nifong willfully made false statements and omitted data showing DNA from multiple men, none of whom were players, on the accuser. Nifong had resigned, lost his license, and the case ended with his jail term.
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Durham
N.C
Duke University Lacrosse
Superior Court
W. Osmond Smith III
Mike Nifong
Durham County
Smith
Nifong
Duke
Ex-con drives stolen bulldozer into Troy police station
Ex-con Stanley Burt, 34, stole a bulldozer from a nearby site and rammed the Troy police station three times early Friday, tearing the front wall. No officers inside. Burt arrested and held on 200000 bail. He has a history of police run ins and habitual motor vehicle offenses.
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Rams
Troy
N.H
David Griffin
Stanley Burt
Burt
Griffin
Kevin Stone
Stone
Two Passengers Hit By Car On I-70 Near New Concord
Two Greyhound passengers stepping off a disabled bus on Interstate 70 near New Concord Ohio were struck by a car early Friday. One person was killed and the other seriously injured after the bus halted on the ramp for repairs. The driver had asked riders to remain aboard while he deployed safety Triangles. some passengers stepped off for a smoke break per Greyhound spokesman Eric Wesley.
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New Concord
Ohio
Greyhound
New York
St. Louis
Eric Wesley
Greyhound Lines, Inc
Indefinite pause in Utah mine rescue for six miners
Federal officials suspended efforts to reach six men trapped for nearly four weeks in Crandall Canyon Mine after a robotic camera failed to yield usable information. The families reported the device became stuck in mud and debris, with no signs of life found in bore holes.
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Salt Lake City
Colin King
Allyn Davis
Mine Safety and Health Administration
King
Davis
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