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AP - President-elect Barack Obama is likely to name Timothy Geithner, president of the New York Federal Reserve, as Treasury Secretary in a time of intense economic turmoil as he rounds out the upper echelon of his Cabinet, a senior Democratic official familiar with the deliberations said Friday.
AP - Wall Street staged a surprising comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally, ending another volatile week that saw stocks reach six-year lows.
AP - Chanting "no to America," supporters of a radical Shiite cleric burned an effigy of President George W. Bush Friday in a protest demanding parliament scuttle a U.S.-Iraqi security pact and American troops begin withdrawing from Iraq immediately.
AP - Gov. Dave Heineman signed into law Friday a bill adding a 30-day age limit to a safe-haven law that allowed 35 children including teenagers as old as 17 to be abandoned at state hospitals. The law, approved hours earlier by the Legislature in a 45-3 vote, goes into effect Saturday, and makes Nebraska the 14th state with a 30-day age cap. It had been the only state with a safe-haven law without an age limit.
AP - A South Florida college student killed himself by overdosing on drugs in front of a live online audience as some computer users egged him on, some debated his method, and others tried to talk him out of it.