18 August 2005

Daily News Digest: Most Popular News

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Wednesday, August 17, 2005 09:00 PM PDT
Today's Most Popular News:
Home prices 'extremely overvalued' in 53 cities
Wed, 17 Aug 2005 05:05 am PDT
USATODAY.com - Single-family home prices are "extremely overvalued" in 53 cities that make up nearly a third of the overall U.S. housing market, putting them at high risk of price declines, according to a study released today. Full Story
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Archaeologists Find Ancient Treasure
Wed, 17 Aug 2005 04:58 pm PDT
AP - Bulgarian archaeologists have unearthed about 15,000 tiny golden pieces that date back to the end of the third millennium B.C. — a find they said Wednesday matches the famous treasure of Troy. Full Story
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Poll: Over 40% in Mexico would live in U.S.
Wed, 17 Aug 2005 06:40 am PDT
Chicago Tribune - More than 40 percent of Mexicans in a new survey would opt to immigrate to the United States and more than 20 percent of them would enter this country illegally given the opportunity, a study released Tuesday disclosed. Full Story
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Median county house price slips for 1st time in year
Wed, 17 Aug 2005 09:04 am PDT
SiliconValley.com - Is Silicon Valley's record-setting real estate market finally cooling off, or just taking an end-of-summer breather? Full Story
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Desperate house buyers increase foreclosure risk
Wed, 17 Aug 2005 05:05 am PDT
USATODAY.com - The meteoric rise in home prices has been accompanied by a sharp shrinkage in the size of down payments made by cash-strapped buyers, a trend that could portend a spike in future foreclosures, new research shows. Full Story
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Fisherman dies chasing fish that stole his pole
Wed, 17 Aug 2005 07:41 am PDT
Reuters - A fish caught in an east German lake near the Polish border not only got off the hook but also lured a 46-year-old fisherman to his death, police in the eastern town of Eisenhuettenstadt said Tuesday. Full Story
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J. Crew files for $200 million IPO
Wed, 17 Aug 2005 04:38 pm PDT
Reuters - J. Crew filed for an initial public offering on Wednesday, 2-1/2 years after the clothing retailer hired former Gap Inc. (GPS.N) Chief Executive Millard "Mickey" Drexler to lead its turnaround effort. Full Story
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Cartoon Group Gorillaz to Tour _ Virtually
Wed, 17 Aug 2005 12:30 pm PDT
AP - How does a fictional cartoon group tour? Why virtually, of course. Full Story
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Punk Promoter Esther Wong Dies at 88
Wed, 17 Aug 2005 03:01 pm PDT
AP - Esther Wong, who booked a who's who of punk rock and new wave bands at her popular Madame Wong's clubs in the 1970s and '80s, has died. She was 88. Full Story
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Senators Attest to Alaska Climate Change
Wed, 17 Aug 2005 07:36 pm PDT
AP - Anyone doubting the effects of human activity on global climate change should talk to the people it affects in Alaska and the Yukon, U.S. Sen. John McCain said Wednesday. Full Story
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Worm Infection Rates Appear to Be Low
Wed, 17 Aug 2005 04:51 pm PDT
AP - Malicious hackers unleashed new variants of a computer worm that attacks a vulnerability in Microsoft Corp.'s Windows 2000 operating system, but infection rates appeared to be relatively low and damage minor Wednesday. Full Story
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Fired general refused to avoid woman, Army says
Wed, 17 Aug 2005 04:25 am PDT
AFP - The Army's decision last week to dismiss a four-star general accused of adultery while separated from his wife became easier to understand with the emergence of more facts, some military legal scholars say. He disobeyed a direct order to break contact with her. Full Story
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Terror Plot May Have Been Linked to Gang
Wed, 17 Aug 2005 03:46 pm PDT
AP - Officials are investigating whether an alleged terrorist plot to attack Los Angeles-area targets on Sept. 11 or Jewish holidays was organized by members of a militant Islamic state prison gang, a top law enforcement official said Wednesday. Full Story
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Ohio Gov. Charged Over Unreported Gifts
Wed, 17 Aug 2005 04:47 pm PDT
AP - Gov. Bob Taft was charged with four ethics violations Wednesday for failing to report dozens of gifts that included dinners, golf games and professional hockey tickets, deepening a scandal that has rocked Ohio's Republican Party. Full Story
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Woman Gets Cable Bill With Derogatory Name
Wed, 17 Aug 2005 05:30 pm PDT
AP - LaChania Govan said she got bounced around by her cable company when she called to complain. She made dozens of calls and was even transferred to a person who spoke Spanish — a language she doesn't understand. Full Story
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Princeton Gives Parents Extra Tenure Time
Wed, 17 Aug 2005 04:32 pm PDT
AP - In a move applauded by professors' groups, Princeton University will automatically grant all faculty members who bear or adopt a child an extra year to pursue tenure. Full Story
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'Best Of' Albums Not So Great These Days
Wed, 17 Aug 2005 04:48 pm PDT
AP - A greatest-hits album once stood as a watershed — a milestone chronicling a collection of top-rated hits, culturally significant songs or the end of a stellar career. Full Story
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Pierce Brosnan Out As James Bond, 007
Wed, 17 Aug 2005 12:07 pm PDT
AP - A single, surprising phone call and it was over. That's how Pierce Brosnan says he learned that his services as James Bond would no longer be required. Full Story
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Reports: Attempt Made to Save Cypriot Jet
Wed, 17 Aug 2005 04:35 pm PDT
AP - A crew member or passenger may have made a last, desperate attempt to save a Cypriot passenger jet before it slammed into a mountainside north of Athens, killing all 121 people aboard, Greek defense officials said in state- and private-media reports Wednesday. Full Story
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Racial Gap Shrinks for Some Medical Care
Wed, 17 Aug 2005 04:57 pm PDT
AP - The health care gap between blacks and whites is closing on many simple, cheap medical treatments, but deeper disparities stubbornly persist for more complex and costly procedures, new research suggests. Full Story
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