World/National News
Asian markets have plunged and European stocks are on the same downward slope as global investors take scant comfort from Washington's passage of a $700 billion bank bailout. At least 10 people were killed and many more injured when a Greyhound bus overturned in north-central California, authorities said. Oil prices fell to an 8-month low below $90 a barrel on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil. The race to develop and build the first viable, affordable electric car is on, as Silicon Valley has gotten into the game. And as Lesley Stahl reports, Detroit is taking notice. The officer who led the Army's Delta Force mission to kill Osama bin Laden in the weeks following 9/11 reveals what really happened in Tora Bora, Afghanistan, when the al Qaeda leader narrowly escaped. Scott Pelley reports. Alaska Sen. Ted Stevens' lawyers have renewed their push for a mistrial, accusing government prosecutors of manipulating the story of their star witness, oil pipeline magnate Bill Allen, to undermine the defense. Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp. subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general's office said. Steve Kroft reports how some of Wall Street's arcane financial instruments have magnified the current economic crisis. Those campaigning in California for Proposition 8, which would reinstate the ban on gay marriage, believe they'll get a lot of unintended help from Barack Obama on Election Day, reports CBS News correspondent John Blackstone. The Taliban are furious about the latest apparent U.S. missile strike in Pakistan, indicating a senior militant may be among two dozen people killed, officials and residents said. Jurors who convicted O.J. Simpson of armed robbery and kidnapping said Sunday they did not trust witness testimony in the case, and instead relied on audio and video recordings and other documented evidence to convict him. Seven aides to Alaska Gov. Sarah Palin have reversed course and agreed to testify in an investigation into whether the Republican vice presidential nominee abused her powers by firing a commissioner who refused to dismiss her former brother-in-law. Hurricane Ike's winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines, and spilled at least a half million gallons of crude oil into the Gulf of Mexico and surrounding areas. "Beverly Hills Chihuahua" was barking up the right tree with movie-goers, who put the Disney comedy at No. 1 for the weekend with a $29 million debut, according to studio estimates Sunday. |
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