Obama seeks remaining bailout funds to aid homeowners
President elect Barack Obama asks Congress for the rest of the 700 billion bank bailout to protect the economy and support homeowner loan modifications. He criticizes how the first 350 billion was used and urges better oversight and aid to those facing foreclosure.
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Obama
Congress
Washington
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Treasury Department
ABC
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Judge orders Madoff to take inventory
A New York judge allowed Bernard Madoff to stay confined to his Manhattan penthouse while rejecting a jail bid. He faces strict limits on mailing valuables and must submit outgoing mail to security checks as prosecutors consider further jail action ahead of trial. Investors seek accountability amid the fallout.
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New York
Bernard Madoff
Manhattan
Madoff
Stephen A. Weiss
Bush admits mistakes on Iraq and Katrina during farewell
President George W. Bush conceded mistakes and disappointments over Iraq and Hurricane Katrina policies in a farewell news conference. He noted the absence of weapons of mass destruction as a major disappointment and planned a prime time address from the White House East Room.
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Washington
George W. Bush
Iraq
Bush
White House East Room
Black Hawk helicopter crashes on Texas A&M campus
An Army UH-60 Black Hawk helicopter crashed Monday afternoon during training near the Corps of Cadets field on the Texas A&M University campus in College Station. One person was killed and four injured among the crew of four National Guard soldiers and an Army lieutenant. No ground casualties among students or bystanders.
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College Station
Texas
Texas A&m University
Corps of Cadets
Houston
Army National Guard
Texas A&m
Lane Stephenson
Israeli leader warns Hamas of iron fist in Gaza
Israeli Prime Minister Ehud Olmert warned Hamas of an iron fist if terms for ending the Gaza war are not met. Hamas leader Ismail Haniyeh vowed near victory while Cairo pursues a truce and Tony Blair notes cease-fire elements. Israeli fires target Hamas hideouts as clashes continue near Gaza City.
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Mideast
Tony Blair
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Ashkelon
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Israel
Haniyeh
al Aqsa
Sleep length cuts cold risk, study finds
Researchers at Carnegie Mellon expose 153 healthy adults to rhinovirus and find eight hours of sleep lowers illness risk. Those sleeping less than seven hours nightly faced triple the chance of developing cold symptoms, while disturbed sleep raised sickness chances even more.
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Sheldon Cohen
Pittsburgh
Carnegie Mellon University
Michael Irwin
University of
California
Los Angeles
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