Sun Country files for Chapter 11 bankruptcy protection Mendota-Heights Sun Country Airlines filed for Chapter 11 bankruptcy today. The second largest airline serving the Twin Cities said it had no choice because of the legal and financial woes of its parent company, Petters Group Worldwide.5:20 p.m.
Dems seek veto-proof House majority When Minnesotans go to the polls November 4th, they could deliver a major change to state government.5:24 p.m.
Looking at the upside of pessimism The country's financial turmoil has many Americans fearing for the worst. And, according to some, the nation's newfound pessimism might not be such a bad thing.5:54 p.m.
National Public Radio Stories
Under Bush, Performance Woes Akin To PR Problems
Under the Bush administration, federal agencies like the Food and Drug Administration are encouraged to treat performance problems like public relations problems. The FDA's response to criticism over its handling of the salmonella outbreak and other inspection failures was to offer a $300,000 contract to Qorvis Communications.
Letters: Palin's Accent
Last week the accents of both vice presidential candidates was examined. Linguist William Labov said that Sarah Palin's dialect fits with her region. Many Alaskans didn't agree.
Obama Video Highlights McCain's Keating Five Link
Barack Obama's campaign has hinted that if the McCain campaign brings up Obama's association with Bill Ayers, it will fire back with reminders of McCain's association with Charles Keating. It has released a 15-minute video on the topic.
Obama's Links To Ex-Radical Examined
The Barack Obama campaign finds itself back on the defensive over questions about his relationship with Bill Ayers, a 1960s-era radical.
Treasury Outlines Plan For Managing Illiquid Assets
Treasury Secretary Henry Paulson has named former Goldman Sachs executive Neel Kashkari to head the $700 billion rescue program. The Treasury Department also issued documents outlining how companies can become "asset managers" to handle illiquid assets on behalf of the government.
As Dow Plummets, A Trader Urges Calm
The Dow Jones industrial average has plummeted, closing below 10,000 points for the first time in four years. Ted Weisberg, a floor trader at the New York Stock Exchange, says much of stock trading is driven by human emotion and the decision-making process is being driven by fear and concern.
Europe Works To Stem Banking Crisis
More European governments are following Germany's lead by offering blanket deposit guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years. Sweden became the latest to act.
In Pakistan, Some Seek Spy Agency Reform
U.S. officials are urging Pakistan to reform its Inter Services Intelligence spy agency. Pakistanis don't like taking orders from the U.S., but there are those who agree the ISI needs reforming. Recently the new prime minister attempted this, but he got cold feet.
FHA's Role In Homeowners' Rescue Plan Explained
The Hope for Homeowners program to help struggling homeowners refinance their mortgages into more affordable, government-backed loans went into effect Oct. 1. Brian Montgomery, Federal Housing Administration commissioner, says the foreclosure crisis may have had less of an impact if the FHA had been reformed earlier.
Lehman CEO Testifies On Capitol Hill
Even as the company was heading toward collapse, executives at Lehman Brothers were being awarded millions in bonuses and special payments. Lehman CEO Richard Fuld has told Congress he feels "horrible" about the way the company imploded.
Markets Down Sharply
U.S. stocks have fallen again on further concerns that the credit crisis has gone global. At one stage, the Dow dropped almost 800 points before recovering later. The Dow declined 3 percent and the S&P 500 was down more than 3 percent.
Nobel Panel Decides Against U.S. HIV Discovery
The 2008 Nobel Prize for physiology or medicine went in part to two French researchers for discovering the virus that causes AIDS. The award was not shared by American Robert Gallo, who has also claimed a role in the discovery of HIV. Additionally, a German scientist got the prize for establishing the cause of most cervical cancers.
Farewell Opus; Hello Pete, The Perfectly Practical Pig
After 30 years, cartoonist Berkeley Breathed is bidding adieu to his charming, politically astute penguin of Bloom County and Opus. His new project is Pete & Pickles, a children's book about a very sad pig.
Digging (Six Feet Under) For Scrap Metal
As commodity prices rise, metal thieves are moving to more meaningful and lucrative sources like grave markers and memorials to find metal to steal and sell. Officials and public advocates are asking for increased regulation in the scrap metal recycling industry.
Worries About Voter Intimidation Run High
Voting advocates are concerned that people could be prevented from voting if they are aggressively questioned by political parties or other voters at the polls Nov. 4. Laws governing this intimidation vary from state to state and are often vague.
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