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Democrats want pay limits, loan aid in bailout

Posted: 09/22/2008 - Senate Democrats are proposing to add government help for homeowners and limits on executive compensation to the government's $700 billion financial bailout of Wall Street.

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Desmond Tutu to speak at UNC in 2009

Posted: 09/22/2008 - Nobel Peace Prize winner Desmond Tutu has been picked to speak at the University of North Carolina at Chapel Hill's spring 2009 commencement.

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Bush urges Congress to pass quick relief bill

Posted: 09/22/2008 - Pressuring Congress, President Bush says the "whole world" is watching to see if Republicans and Democratic lawmakers can quickly agree on a plan to halt a financial meltdown without adding extra elements to the legislation.

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Morgan Stanley to sell 20 pct stake in itself

Posted: 09/22/2008 - Morgan Stanley says it signed a letter of intent to sell up to 20 percent of its company to Japan's largest bank, Mitsubishi UFJ Financial Group.

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Procter & Gamble says IRS overcharged it $435M

Posted: 09/19/2008 - Procter & Gamble Co., a huge consumer products maker whose products include Crest toothpaste and Pampers diapers, is suing the U.S. government for nearly $435 million.

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Autopsy: no cause found in investigator's death

Updated: 09/19/2008 - An autopsy says the body of a state insurance investigator that was found in South Carolina in May was so badly decomposed that medical examiners can't determine how she died.

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FAA failed to act on runway safety problems

Posted: 09/19/2008 - A government watchdog is demanding an investigation of whistleblower complaints that federal aviation officials failed to follow through on runway safety problems brought to their attention.

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Key senator says rescue will be "costly"

Posted: 09/19/2008 - The Senate Banking Committee chairman says the government's financial rescue plan will be costly, and is demanding more details about the program to confront the worst financial crisis in decades.

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Lawyer ordered to apologize for Comair ads

Posted: 09/19/2008 - The Kentucky Supreme Court has ordered a public apology from a North Carolina lawyer accused of improperly advertising his services to families of the 49 people killed in the 2006 Comair crash.

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