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Top World News

New England braces for Hanna's drenching rains (AP)

A lone boatman heads into a protective cove in Bridgport, Conn. Saturday, Sept. 5, 2008 as sailboats are secured for Tropical Storm Hanna. (AP Photo/Douglas Healey)AP - Southern New England is bracing for drenching rain and gusts near 50 mph as Tropical Storm Hanna runs up the Eastern Seaboard.


Powerful storm raises fears from Caribbean to Gulf (AP)

This image provided by NOAA taken at 11:45 p.m. EDT Saturday Sept. 6, 2008 shows Hurricane Ike over the Turks and Caicos. At 200 a.m. EDT the large eye of hurricane ike was located over the Turks iand Caicos Islands and about 115 miles east of Great Inagua Island in the southeastern Bahamas. Ike is moving on a motion just south of due west near 15 mph. A west to west-southwest motion is expected to continue today with a turn toward the west-northwest expected on Monday. On this track the core of the hurricane will move over or near the southeastern Bahamas this morning and move near or over eastern Cuba tonight and early Monday. Maximum sustained winds remain near 135 mph with higher gusts. Ike is an extremely dangerous Category Four Hurricane according to forecasters. Some strengthening is possible before Ike moves over eastern Cuba. (AP Photo/NOAA)AP - "Extremely dangerous" Hurricane Ike grew to fierce Category 4 strength Saturday as it roared on an uncertain path that forced millions from the Caribbean to Florida, and Louisiana to Mexico, to nervously wonder where it would eventually strike.


 

Business News

Government plan for Fannie, Freddie to hit shareholders (Reuters)

The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23, 2008. (Larry Downing/Reuters)Reuters - The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.


Boeing machinists walk off the job as talks fail (Reuters)

Boeing machinist Rebekah LovellFord pickets in front of the company's Renton, Washington plant September 6, 2008. (Robert Sorbo/Reuters)Reuters - Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.