Daily News Channel
Asian markets slumped Friday, latching onto Wall Street’s bear market slide to levels not seen since 1997. Tokyo’s Nikkei average was off 3.5 percent in afternoon trading and the All Ordinaries index in Australia tumbled 1.2 percent. In Seoul, the KOSPI fell 0.3 percent, while Hong Kong’s Hang Seng index dropped 1.3 percent.
President Barack Obama will make his first overseas trip since taking office at the end of this month, visiting England, France, Germany and the Czech Republic, the White House said Thursday.
A man charged in the beheading death of his seatmate on a Greyhound Canada bus last summer is not criminally responsible because he is mentally ill, a judge ruled Thursday, said CNN affiliate CBC News.
In keeping with the democratic nature of user-generated media, Facebook is inviting its 150 million users to help decide how the online gathering place is run. A week after a policy-change blunder sparked widespread protests, the Web’s most popular social-networking site announced a new approach Thursday to give users more control over future Facebook rules and practices
President Obama on Thursday presented a budget that he said is an "honest accounting of where we are and where we intend to go." Congress received a 140-page summary of the budget for fiscal year 2010 Thursday morning. The full details are expected in April. The government’s fiscal year runs from October of one year to September of the next
The father of a missing 5-year-old Florida girl made a renewed plea Thursday for the return of his daughter. “If you have my daughter and you’re watching this, drop her off somewhere safe,” Roland Cummings said of his daughter Haleigh. “I’m not out for revenge, I’m not out for nothing else.