Bachmann oil drilling plan draws skepticism Sixth District Republican Rep. Michele Bachmann insists gas prices would drop significantly if oil companies could drill in Alaska's Arctic National Wildlife Refuge.7:20 a.m.
Lord Faris says Franken's campaign is faltering Priscilla Lord Faris is not a well known Minnesotan, but she's hoping her experience as a teacher, lobbyist, city council member and lawyer, as well as her deep Minnesota roots, will convince Minnesota Democrats she, not Al Franken, should be nominated to run against Republican Sen. Norm Coleman.7:24 a.m.
St. Paul hopes Ford converts local plant instead of closing it Ford Motor Co. is expected tomorrow to identify three truck plants that will convert to car production, and local officials hope one of them will be the St. Paul plant, which has been slated to close next year. But one auto industry analyst doubts St. Paul will be spared.7:50 a.m.
Sen. Dodd: Fannie, Freddie 'Too Big To Fail'
The rescue plan for giant mortgage companies Fannie Mae and Freddie Mac promises credit and possible stock purchases. It might cost the U.S. nothing — or it might cost $25 billion. Democratic Sen. Christopher Dodd says balancing investor confidence and taxpayer exposure is a fine line, but "doing nothing is not an option."
Housing Bill Calls For New Fannie-Freddie Regulator
Congress is expected to vote this week on legislation that addresses the home foreclosure crisis and provides financial aid to Fannie Mae and Freddie Mac. The struggling firms are currently regulated by a division of the Department of Housing and Urban Development. The bill would establish a new, independent regulator.
China Looks To Row Away With Most Gold Medals
To win the race for gold at this summer's Olympics, China has been looking to sports where the medals are plentiful. Many of these sports, like rowing, are not China's traditional strong suits.
'Dean of Baseball' Jerome Holtzman Dies
Jerome Holtzman, who wrote for the Chicago Sun-Times and the Chicago Tribune and became Major League Baseball's first ever historian, has died. He created the "save" — a relief pitching statistic that many say changed the game — and was known as the "Dean of Baseball."
Germans Look To Obama To Fix Strained U.S. Ties
Barack Obama is expected to be received with the kind of religious fervor usually reserved for the Pope when he arrives in Germany on Thursday. The presumptive Democratic presidential nominee is seen by most Germans as a potential savior of Germany's close relationship with America.
Study On Viagra For Depressed Women Scrutinized
A new study suggests that Viagra may help women who experience sexual dysfunction as a side effect of drug treatment for depression. Some researchers doubt the study's findings and say more work needs to be done.
Candidates Strongly Disagree On Abortion
If elected, John McCain has said he would appoint Supreme Court justices who would overturn Roe v. Wade. Barack Obama supports abortion rights but has said he's open to restrictions on late abortions.
Financial Stocks Lift Despite Bad Earnings
Wachovia announced multibillion-dollar losses related to the mortgage crisis Tuesday. But instead of upsetting investors, the news helped lift financial stocks and the rest of the market.