Media conglomerate Tribune Co., smothered by $13 billion in debt and weak prospects for generating cash through advertising has sought bankruptcy protection.

Sarah Palin unlawfully abused her power as governor by trying to have her former brother-in-law fired as a state trooper, the chief investigator of an Alaska legislative panel concluded Friday.

An Iowa City man who thought a police officer just "needed a hug" faces several charges including assault on a peace officer and public intoxication.

The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

Urgent efforts to lash together a $700 billion rescue plan for the national economy broke apart Thursday night, hours after key lawmakers had declared they had reached a deal.

After a frantic week of negotiations, Congress and the White House are nearing agreement on a plan to quell the panic gripping the credit market. But will it work?

Barack Obama rejected John McCain's call Wednesday to delay Friday's debate because of the economic crisis.

As policymakers now set out to decide what role government, and Fannie Mae and Freddie Mac, should play in the mortgage business, the failures of the past two decades offer a cautionary tale.

A fire broke out Thursday on a train shuttling trucks under the English Channel between England and France, suspending traffic in the undersea tunnel, officials said.