Officials said Congressional staff members would work to finalize the language of an agreement that would include pay limits for executives and require the government to do more to prevent foreclosures.
John McCain, Congress?s most influential member on gambling issues, has a history with the industry complicated by personal ties and opposing loyalties.
AP - Congressional leaders and the Bush administration reached a tentative deal early Sunday on a landmark bailout of imperiled financial markets whose collapse could plunge the nation into a deep recession.
AP - Automakers gained $25 billion in taxpayer-subsidized loans and oil companies won elimination of a long-standing ban on drilling off the Atlantic and Pacific coasts as the Senate passed a sprawling spending bill Saturday.
AP - Paul Newman never much cared for what he once called the "rubbish" of Hollywood, choosing to live in a quiet community on the opposite corner of the U.S. map, staying with his wife of many years and — long after he became bored with acting — pursuing his dual passions of philanthropy and race cars.
Congressional negotiators "made great progress" toward reaching a deal on the White House's proposed $700 billion bailout of the financial system, House Speaker Nancy Pelosi said.
Paul Newman, the legendary actor whose steely blue eyes, good-humored charm and advocacy of worthy causes made him one of the most renowned figures in American arts, has died of cancer at his home in Westport, Connecticut. He was 83.