U.S. Treasury Secretary Henry Paulson speaks at a news conference after the G7 Ministerial meeting in Washington October 10, 2008. The world's rich nations vowed on Friday to take all necessary steps to unfreeze credit markets and ensure banks can raise money but they offered no collective course of action to avert a deep global recession. (Yuri Gripas/Reuters)
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Reuters

Gov't mulls plan to take ownership stakes in banks

AP - 5 minutes ago

WASHINGTON - Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.

This Aug. 13, 2002 file photo is a satellite image provided by Space Imaging Asia of the Yongbyon Nuclear Center, located north of Pyongyang, North Korea. North Korea announced Thursday Oct. 6, 2008 that it is preparing to restart the facility that produced its atomic bomb, clearly indicating that it plans to completely pull out of an international deal to end its nuclear program. North Korea told the International Atomic Energy Agency that it was stopping the process of disabling its main nuclear site and barring international inspectors from the Yongbyon facility, the agency said. (AP Photo/Space Imaging Asia, File)

N. Korea to resume dismantling nuclear facilities

AP - 2 hours, 49 minutes ago

SEOUL, South Korea - North Korea said Sunday it will resume disabling its key nuclear complex after the U.S. dropped the country from a terrorism blacklist — a breakthrough expected to help energize stalled talks aimed at ending the country's atomic ambitions.

Firefighters from the Los Angeles County Fire Department battle a wildfire in the Angeles National Forest near Los Angeles on Sunday, Oct. 12, 2008. Los Angeles County Fire Department spokesman Ron Haralson says the blaze has charred up to 750 acres in the rugged area of Little Tujunga Canyon, about 20 miles north of downtown. (AP Photo/Dan Steinberg)

Fire burns 750 acres northeast of Los Angeles

AP - 2 hours, 29 minutes ago

LOS ANGELES - Firefighters backed by water-dumping helicopters and planes gained ground Sunday on a wildfire that destroyed two homes and forced the evacuation of about 1,200 people in a rugged area 20 miles north of downtown.

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