Obama team preparing bailout overhaul

Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama's economic team are overhauling the embattled bailout and broadening its scope well beyond Wall Street.

Report: Missile kills top al-Qaida men

A CIA strike in Pakistan killed two top al-Qaida terrorists long sought by the U.S., including the man believed to be behind a  deadly hotel bombing in Pakistan, U.S. officials told the Washington Post.

Microsoft's Ballmer raises pressure on Yahoo
Microsoft's CEO Steve Ballmer has told the Financial Times newspaper that the current period of transition for Yahoo is a good time for a search deal between the two companies.

Scoop: Cruise gets emotional about Jett Travolta

A visibly shaken Tom Cruise said that it was untrue that the Church of Scientology forbids members from seeking medical attention.

Six-year-old's saggy pants lead to gun find
A 6-year-old boy brought a loaded handgun to his Southern California elementary school. It was discovered when he was sent to the campus office because of his sagging pants.

Grim jobs outlook turns bleaker

Friday's employment report confirms an already bleak job market outlook. Analysts say that  even if all goes well  hiring probably won't pick up again until early 2010.

Gaza aid held as U.N. truce plan rejected

Israeli jets and helicopters bombarded Gaza Friday and Hamas responded with a barrage of rockets on at least two cities as both sides defied a U.N. call for an immediate cease-fire.

Opinion: AP poll voters snub Utah

Opinion: Florida earned BCS title, but AP writers dropped ball with snub of perfect Utes.

Greece riots rise again as youths, cops clash

Masked youths clashed with police in central Athens Friday in the first major test of the Greek government's vow to crack down on violent protesters after a month of nationwide riots.

Gators swamp Sooners for BCS title

Sooners' record offense stymied as Florida wins 2nd national title in 3 years.