New York News, Weather, and Sports

Bernanke, Paulson To Defend Shift On $700B Bailout

WCBSTV.com: Your Source For New York News, Weather, Sports & Traffic — Tue, 18 Nov 2008 07:17:54 +0000

The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson are expected to provide greater insights into the shift when they testify today before the House Financial Services Committee.

2 Robbers Killed in Shootout at a Brooklyn Store

By TRYMAINE LEE and KAREN ZRAICK — Tue, 18 Nov 2008 06:03:21 +0000

A Brooklyn variety-store owner was critically wounded during a shootout Monday night in which he shot and killed two robbers, the police said.

Suspect Arrested in Fatal Shooting at Bronx Party

By THE NEW YORK TIMES — Tue, 18 Nov 2008 05:55:20 +0000

An 18-year-old man suspected in a deadly shooting at a house party in the Bronx early Sunday was arrested and charged with murder and related offenses, police said.

Lottery Numbers

NYT > N.Y. / Region — Tue, 18 Nov 2008 05:49:39 +0000

Nov. 17, 2008.

Ex-Manager Charged in L.I.R.R. Disability Probe

By DUFF WILSON — Tue, 18 Nov 2008 05:47:19 +0000

The charges were the first to arise from a host of state and federal investigations into the legitimacy of disability payments at the Long Island Rail Road.

G.O.P. Plans Senate Vote on Paterson?s Budget Plan

By JEREMY W. PETERS — Tue, 18 Nov 2008 05:45:51 +0000

Senate Republicans' unexpected decision to vote on Tuesday on Gov. David A. Paterson's budget plan sent the governor scrambling to respond.

Ford Tallies Potential Losses

WSJ.com: What's News US — Tue, 18 Nov 2008 05:24:38 +0000

An internal Ford document shows thousands of workers in every state could be at risk if the auto maker failed, part of its effort to demonstrate the far-reaching tentacles of the industry.

Report: 3 Shot, 1 Fatally, In Newark High-Rise

WCBSTV.com: Your Source For New York News, Weather, Sports & Traffic — Tue, 18 Nov 2008 05:20:57 +0000

Newark police are on the scene of a shooting at a high-rise apartment building. News12 New Jersey reports that at least three people have been shot, one fatally. One of the wounded was reported to be in serious condition with a chest wound. The other suffered a leg wound and was reported in stable condition.

Ange Gets Emotional Talking About Her Mom

Perez Hilton — Tue, 18 Nov 2008 05:17:28 +0000

viewNode("980392adf9b82", { player_profile:'vega4', width: 410, height: 315 });

THIS is so sad!

At a press conference in London on Monday to promote her new movie, Changeling, about a mother whose son is abducted, Angelina Jolie talked about her own mom, the late Marcheline Bertrand, and became overcome with emotion.

Ange fought back tears as she talked about her ~~Marcheline~~ Marshmallow.

It's touching and heartbreaking.

Gift-Card Sales Are Predicted to Fall

WSJ.com: What's News US — Tue, 18 Nov 2008 05:05:44 +0000

Gift-card sales are expected to fall 5.6% this holiday season, a trade group said, as consumers seek bargains instead.