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President Bush signs bailout bill into law Bush signs bailout bill into law

President Bush wasted no time in signing the revised $700 billion Wall Street bailout bill just hours after the House passed the revised legislation by wide margin, which set the stage for the government to begin buying bad loans from banks.

| FULL STORY
House passes $700 billion bailout bill

The House of Representatives has passed the revised financial bailout bill in a 263 to 171 vote, sending the rescue legislation to the desk of President Bush to sign into law. | FULL STORY

India nuclear deal: big step on long road

With no progress on Iran, and setbacks on North Korea, the deal may be Bush's only nonproliferation feat. | FULL STORY

Global sell-off drags down stocks in New York

A global sell-off dragged down stocks in New York Monday morning with the Dow falling sharply in the wake of last week's financial rescue plan being passed by Congress.  But while stocks tumbled, deflation was in the works as oil dropped below $90 a barrel. | FULL STORY



INSIDE BUSINESS

Citigroup balks at Wells Fargo offer to buy Wachovia

Wachovia bank announced a $15.1 billion deal to be acquired by San Francisco-based Wells Fargo, but shortly after the news was released Citigroup balked over the bank's sale, saying Wachovia breached an earlier agreement to sell its operations.

Crisis rippling into economy

Used-car dealers, small manufacturers feel credit squeeze as states and cities postpone projects.

U.S. jobless rate climbs to 7-year high

The U.S. Department of Labor reported Thursday morning that initial jobless claims for the week ending Sept 25, 2008 rose only slightly to 497,000.  Still, it was the highest unemployment rate in the U.S. in seven years due to the sluggish economy.

ENTERTAINMENT TODAY

OJ Simpson found guilty! Bail revoked!

Football legend OJ Simpson was found guilty Friday in a Las Vegas courtroom of armed robbery and faces a minimum of 10 years in prison.  His bail was revoked and he now sits behind bars in Las Vegas awaiting sentencing.

Michael Lohan, Lindsay Lohan's father, says "she's out of control"

Lindsay Lohan's father, Michael Lohan, told ABC News that "Lindsay's out of control", blaming Lindsay's DJ friend Samantha Ronson for dragging her around to clubs and drinking in front of her.

Movie Review: 'Henry Poole Is Here'

Some touching moments in this tale of a man who doesn't believe in miracles but desperately needs one.



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