Cut to the News . . . Your Daily News Briefing
Sunday, January 25, 2009 Make us your homepage
Leading the News
Obama Will Move Fast to Tighten Financial Rules . . . Stricter federal rules
for hedge funds, credit rating agencies and mortgage brokers among the changes. New York Times
Iraq Plans to Reopen Notorious Abu Ghraib Prison . . . But the scene of past bad behavior by U.S. troops gets a facelift and a new name. Associated Press
Politics
New Recovery Plan Details . . . As he seeks to build support, Obama unveils benchmarks of package that would cost at least $820 billion. Washington Post
The Odd Odyssey of Caroline Kennedy . . . She seemed ill at ease in the spotlight. Now she's back in seclusion. Appointment by Obama to federal post a possibility. Associated Press
Vatican Blasts Obama Abortion Move . . . Condemns decision to restore funding to overseas groups that discuss and perform abortions. BBC
NY Senator Starts 'Listening Tour' in Harlem . . . Gillibrand begins to get to know New York in a place far from the upstate farmlands she represented as congresswoman. Associated Press
Obama Envoy Expected in Mideast This Week . . . George Mitchell will fly in to demonstrate Obama's commitment to reviving peacemaking. Reuters
National Security
Pakistan Urges Halt to Missile Attacks . . . Says civilians are getting killed in border region strikes. Associated Press
Just Being Obama Helps . . . Terrorists' worldwide propaganda had much better material with Bush. Washington Post
Troops Kill Parents, Wound Daughter in Iraq Raid . . . Military says man suspected of belonging to Al Qaeda in Iraq, while local officials say he had no such links. Los Angeles Times
Business
Who is Bernie Madoff? . . . He treated employees like family. Then there was the calculating aloof side. And he was a psychopath. New York Times
Chrysler Exec Says Company 'Viable' by Spring . . . But timing on return to profitability unclear. Associated Press
China Rebuts U.S. Accusations on Currency . . . No manipulation going on around here, it says. Testy start to relationship with Obama.
Reuters
U.S. Economy Probably Contracted Most Since 1982 . . . Consumers and businesses just stopped spending. Bloomberg
Thanks But No Thanks . . . Ford says it doesn't need government loans. Reuters
International
Pope Reinstates Four Excommunicated Bishops . . . One had stirred outrage with comments denying the Holocaust. New York Times
Congo Rebel Force Dissolving . . . With leader captured, the end is near. “We’re done,” said one rebel. New York Times
Indian Prime Minster Has Successful Heart Surgery . . . He'll be fit to campaign in May elections, doctors say. BBC
Vietnam Ferry Accident Kill at Least 40 . . . The vessel sank in strong currents about 65 feet from the bank of the Gianh river in north central Vietnam. BBC
Also Today. . .
Coffee Linked to Lower Dementia Risk . . . Three to five cups a day makes you less silly when you old. New York Times
Discovery Could Reduce Clots . . . Would help prevent heart attacks by preventing platelets from blocking coronary arteries. BBC
Here She Is . . . If you want to know why Miss Indiana Katie Stam won, check out photo #10. New York Daily News
A Hero's Welcome Home for US Airways Pilot . . . "We were just doing our jobs," he says. Associated Press
Today's Video
Obama's First Flight on Air Force One . . . MSNBC
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