NEWS@jcutrer.com

Thursday October 16th 2008

Austin Chronicle | News

Preview
Taking Back the House
Texas Democrats say this could be their November
Seven in Play
Seven key races across the state could turn the House back to Democratic control
The Libertarians
Democrats and Libertarians find common ground in their grudge against Republicans
Headlines
Naked City
News briefs from Austin, the region, and elsewhere

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USA Today | Tech Headlines

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Report: Arctic temperatures at record highs
Autumn temperatures in the Arctic are at record levels, the Arctic Ocean is getting warmer and less salty as sea ice melts, and ...
Treasury office faults IRS computer security
Two new IRS computer systems that will eventually cost taxpayers almost $2 billion are being put into service despite known security ...
T-Mobile's Google phone heralds Android invasion
Will the first Google phone become the apple of your eye? We'll have an inkling in six days when the much-anticipated T-Mobile ...
Hard times ahead for fancy electronics like big TVs
If you're thinking about buying that expensive big-screen TV well, that's probably about as far as you're going to get.
Google fights German legal challenge to image search
BERLIN (AP) Google has appealed two court decisions that could ban it and other search engines from operating image searches ...

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USA Today | World News

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22 Asian sailors released by Somali pirates
A group of 22 Asian sailors has been released after more than a month of captivity since their cargo ship was hijacked by pirates ...
U.N. chief calls for improved security in Lebanon
Secretary-General Ban Ki-moon said Thursday he was encouraged by the positive developments in relations between Lebanon and Syria, ...
Anti-Chavez TV channel could face fines
A television news channel in Venezuela could face fines after a talk show guest suggested that President Hugo Chavez could be ...
Roving gringo raises spirits around Mexico
The "Gringo in Mexico," as Robert Alexander is known, has a hit TV show that is half travelogue, half food fest and 100% enthusiasm ...
25 years later, bombing in Beirut still resonates
For Americans, the 1983 suicide bombing of Marine barracks in Beirut was a seminal moment on a timeline that led to the 9/11 ...

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USA Today - Money Headlines

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McCain vs. Obama: The story on taxes
Both presidential candidates have proposed temporary tax cuts designed to help Americans cope with the financial crisis, which ...
Signs grow that stock market may have hit bottom
Wall Street stocks turned in another stunning finish Thursday and extended its unprecedented streak of volatility this time, ...
Car dealers demand more cash for down payments
Buying a new car? Bring some extra cash. Tighter credit standards are forcing many car buyers to put down more cash up front ...
Microsoft hints some kind of deal with Yahoo still is possible
Speaking at a tech industry conference, Microsoft CEO Steve Ballmer on Thursday said a deal with Yahoo may still make economic ...
Tips to help consumers tap into better customer service
With the economy in turmoil, retailers are working harder to get your business. They're making it easier to shop, or at least ...

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USA Today | On Deadline

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Looking ahead
Whew. It's Friday: • Before U.S. markets open, President Bush will say a few words about the economy to the U.S. Chamber of Commerce. • More economic grist for Wall Street's mill: September housing starts and building permits, plus the initial read on consumer sentiment this month. • Health an. […]
NASA revives Hubble backup computer
NASA engineers bypassed a balky computer on the Hubble Space Telescope and revived an 18-year-old spare module powered by a relatively antique Intel 486 processor. The Hubble is in the final stages of recovery after the overnight operation. The computer collects and processes data from science instr. […]
Pentagon cancels new Army recon helicopter, buys new body armor
The Pentagon has canceled the Army's $6 billion reconnaissance helicopter program, which was grossly over-budget and behind schedule. Instead of the Armed Reconnaissance Helicopter, the Army will buy replacements for the existing Kiowa aircraft. Both are built by Bell Helicopter. The initial price t. […]
Banks borrow record amounts from Fed
Further hard proof of the credit situation: Commercial banks borrowed a record daily average of $99.7 billion from the Federal Reserve during the past week. That 25% more than the previous week's record $75 billion. Just yesterday alone banks asked for $101.9 billion — another record-breaker. Inve. […]
6.5 quake hits off southern Mexico
A magnitude 6.5 earthquake has struck southern Mexico near the Guatemalan border. The U.S. Geological Survey says the quake, in the Pacific off Chiapas state, was about 22 miles deep. It was felt in Guatemala City, 125 miles south, where residents ran from homes and buildings. No reports of damage o. […]

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USA Today | Top Headlines

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Sen. Stevens, wife testify in corruption trial
Stevens became the first sitting senator in 27 years to testify in his defense at a criminal trial.
'Joe the Plumber' becomes center of debate
It turns out "Joe" owes back taxes and would likely get a tax cut under the Obama plan.
22 Asian sailors released by Somali pirates
A group of 22 Asian sailors has been released after more than a month of captivity since their cargo ship was hijacked by pirates ...
U.N. chief calls for improved security in Lebanon
Secretary-General Ban Ki-moon said Thursday he was encouraged by the positive developments in relations between Lebanon and Syria, ...
Anti-Chavez TV channel could face fines
A television news channel in Venezuela could face fines after a talk show guest suggested that President Hugo Chavez could be ...

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Euro 2008 News

Preview
Buy Pound Against Euro as U.K. Rates to Drop, RBC Capital Says (Bloomberg)
Oct. 17 (Bloomberg) -- Investors should buy the British pound against the euro as the Bank of England will cut interest rates faster that the European Central Bank to battle slowing growth, RBC Capital Markets analysts said.
Spain, the New Brazil - New York Times
New York TimesSpain, the New BrazilNew York Times, United States - 3 hours agoAll that evaporated when it reached the final of Euro 2008 and beat Germany. After that, cranky old coach Luis Aragones walked away to manage Fenerbahçe SK ...Teams jostling for position as World Cup soccer qualifiers c. […]
Why the Buck Has Pluck - TIME
RTT NewsWhy the Buck Has PluckTIME - 3 hours agoThere's certainly nothing mysterious about the dollar's recent strength against the euro. Between July 1, 2006, and July 1, 2008, the dollar lost 19% ...Euro May Slide to 120 Yen by Year End on Crunch, Citigroup Says BloombergEuro Slightly Lower Versu. […]
Dollar Rises Against Euro as Oil Falls on Economic Concern (Bloomberg)
Oct. 16 (Bloomberg) -- The dollar rose against the euro as crude oil weakened below $70 a barrel for the first time since August 2007 on concern the global rescue of banks won't be enough to prevent a recession.
Accor: Resilient Performance in the First Nine Months of 2008 - MarketWatch
Accor: Resilient Performance in the First Nine Months of 2008MarketWatch - 4 hours agoA 2.1% negative currency effect resulting from the euro's appreciation against the dollar, the pound and most South American currencies. ...

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CNN | Criminal News

Preview
Grandma with five dead husbands freed
Read full story for latest details.
Mobster's ex tells jury about 'double life'
Read full story for latest details.
Kansas City on track for record killing season
Read full story for latest details.
Cops: Bored homeless man kills student
Read full story for latest details.
Trying Caylee's mom harder without a body
Read full story for latest details.

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CNN | Politics

Preview
GOP launches calls attacking Obama on Ayers
Republicans launched an enormous wave of phone calls Thursday blasting Sen. Barack Obama for "having worked closely with domestic terrorist Bill Ayers," party sources said.
How global viewers saw the McCain-Obama battle
Battleground roundup: Can Obama win in the South?
Barack Obama, the Democratic presidential nominee, has a chance of doing something this year that neither of his predecessors could during the past two elections. The Illinois senator has a shot at winning a state in the South.
McCain faces uphill climb in campaign's final weeks
Sen. John McCain likes to say he enjoys being the underdog. After all, this is the relentless candidate who somehow managed to capture his party's nomination after the political world left him for dead in the summer of 2007.
Stevens takes the stand in his corruption trial
Sen. Ted Stevens took the stand in his corruption trial Thursday afternoon and denied that he filed false financial forms with the Senate.

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CNN | U.S. News

Preview
GOP launches calls attacking Obama on Ayers
Republicans launched an enormous wave of phone calls Thursday blasting Sen. Barack Obama for "having worked closely with domestic terrorist Bill Ayers," party sources said.
Illinois sheriff to resume foreclosure evictions
An Illinois sheriff said Thursday he'll soon resume evictions at foreclosed properties after reaching a deal that he says will keep "innocent tenants" from being victimized.
'Joe the Plumber' happy to help make point
A week ago he was a little-known plumber quietly practicing his trade in northwestern Ohio. Now Joe Wurzelbacher is a talking point in the race for the White House.
Grandma with five dead husbands freed
Read full story for latest details.
High-tech portals to aid border screenings
A controversial technology is being adapted to help ferret out people and drugs crossing the U.S. border illegally.

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