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Breaking News





TOP STORY  

   Police save kidnapped teens
Two teen-age girls abducted at gunpoint early Thursday from a lovers' lane were rescued 100 miles away after their kidnapper crashed his getaway car and was shot to death by sheriff's deputies, authorities said.




MARKET UPDATE  

   Dow closes down 230, Nasdaq drops 48
A string of reminders that the economy is still struggling as well as disappointing earnings at Exxon Mobil irked investors Thursday, and pushed stocks sharply lower. The Dow Jones industrials tumbled nearly 230 points, their first triple-digit loss in nearly two weeks.


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TODAY'S NATION/WORLD HEADLINES  

Northwest grounds its fear-of-flying program
Northwest Airlines has grounded its fear-of-flying program despite being booked through the rest of the year.

Jobless rate steady at 5.9 percent
The nation's unemployment rate held steady at 5.9 percent in July as companies, uncertain about the economic recovery and shaken by accounting scandals, added just 6,000 new jobs.

S. Asia flood-death toll above 500
Surging floodwaters broke through more embankments in Bangladesh on Friday, killing four children and bringing the death toll from monsoon floods in South Asia to more than 500.

Afghan president: U.N. report flawed
A U.N. report allegedly accusing U.S. forces of removing evidence from the scene of a July 1 air strike where civilians died was inaccurate, President Hamid Karzai said.

Most Asian markets close lower
Asian stock markets closed mostly lower today, dragged down by sharp losses overnight on Wall Street.

Mexico cancels plan for airport
In a surprise reversal, the government decided to yield to protests by machete-wielding farmers and radicals and cancel plans to build a new international airport on the eastern outskirts of Mexico City.

Iraq invites U.N. weapons inspector
Facing an increasing possibility of U.S. military action, Iraq gave the first solid indication in nearly four years that it will allow U.N. weapons inspectors to return and invited the chief inspector to Baghdad for talks.

Calif. teens safe after kidnapping
Two teen-age girls kidnapped from a remote lovers' lane were reunited with their families after an intense 12-hour search that ended when sheriff's deputies shot and killed their abductor on a desolate stretch of road.

Israeli troops move into Nablus
Israeli troops backed by 150 armored vehicles swept into the West Bank city of Nablus, trading fire with Palestinians and arresting a dozen people to strike back following the bombing of a Jerusalem university cafeteria.

Powell travels next to Philippines
A lively welcome awaits Secretary of State Colin Powell in the Philippines, despite tight security that includes putting the military on standby.

Lawmakers asked to take lie tests
The FBI has asked several members of the House and Senate intelligence committees to submit to lie-detector tests as part of the investigation into who leaked information related to Sept. 11.

Bush begins extended August retreat
President Bush is beginning a monthlong respite away from Washington's political tussles and August humidity with a long New England weekend at his family's summer home.

Anthrax probe at researcher's home
The home of a former Army scientist considered a "person of interest" in the investigation of last fall's anthrax attacks has been searched for a second time by FBI and Postal Service agents.

WTC collapse may lead to code change
New York high-rises could become harder to topple and easier to flee under a wide-ranging building code revision being developed by city officials.

Teen files suit in father's death
A 16-year-old girl tried in vain to stop her stepmother from killing her father last week by repeatedly running him over with a car, according to a lawsuit filed in federal court.

Dow closes down 230, Nasdaq drops 48
A string of reminders that the economy is still struggling as well as disappointing earnings at Exxon Mobil irked investors Thursday, and pushed stocks sharply lower. The Dow Jones industrials tumbled nearly 230 points, their first triple-digit loss in nearly two weeks.

Former WorldCom executives free on bond
Two former WorldCom executives were arrested Thursday and charged with hiding billions in expenses and lying to investors and regulators in a desperate bid to keep the company afloat.

Police save kidnapped teens
Two teen-age girls abducted at gunpoint early Thursday from a lovers' lane were rescued 100 miles away after their kidnapper crashed his getaway car and was shot to death by sheriff's deputies, authorities said.

More food aid needed in Southern Africa, IMF says
Countries of southern Africa are suffering from an acute and "disturbing" food crisis that could lead to a famine, underlining the need for crucial food assistance, the heads of the International Monetary Fund and World Bank said on Thursday.

Moussaoui demands court hearing
Lashing out at the judge and the lawyers appointed to represent him, Zacarias Moussaoui said he is being set up for conviction as a Sept.11 conspirator by the very people duty-bound to protect his rights, according to court papers released Thursday.





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