AP - Dustin Pedroia has a Rookie of the Year award, an MVP, a Gold Glove and Silver Slugger and, of course, a World Series ring. And now he's got the big-bucks contract befitting one of the most decorated young players in baseball. The Red Sox second baseman, who earned $457,000 last season while winning the AL Most Valuable Player award, agreed Wednesday to a $40.5 million, six-year contract that could keep in Boston through at least 2014.
AP - The one that didn't get away held an unlikely surprise for a Texas man. The blue-stoned class ring of Joe Richardson, engraved with his name, turned up inside an 8-pound bass 21 years after he lost it while fishing on Lake Sam Rayburn.
AP - Still popular in Florida, former Gov. Jeb Bush said Wednesday that he's interested in the seat Sen. Mel Martinez is giving up, and the field of possible candidates could quickly narrow to make way for the president's younger brother.
AP - A prosecutor alleged Wednesday that Jennifer Hudson's brother-in-law killed three family members because he was angry his estranged wife ? the singer's sister ? was dating another man.
Bill Richardson to head Commerce Department
WELT ONLINE
Bizjournals.com -
President-elect Barack Obama named New Mexico Gov. Bill Richardson as secretary of commerce in his administration. Obama said Richardson “will be an unyielding advocate for American business and for American jobs both at home and abroad.
Video: Obama Nominates Richardson to Lead Commerce
Obama picks Bill Richardson as Commerce secretary
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Hearts generics just as effective
TopNews
Bizjournals.com -
Researchers at Harvard University say generic cardio-vascular drugs are just as good as higher-priced brand name drugs. A Harvard Medical School meta-study, led by Aaron Kesselheim, surveyed 47 drug trials.
Generic As Effective As Brand-Name
Generic Heart Drugs as Good as Brand-Name Counterparts
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Sundance Film Festival unveils competition films
Reuters
Reuters -
By Bob Tourtellotte LOS ANGELES (Reuters) - The Sundance Film Festival, the premiere event for US independent movies, on Wednesday unveiled a wide-ranging list of more than 60 movies that will compete for awards at its 25th anniversary event in January ...
Sundance Tilts to Hurt-Tugging Films
Sundance competitors put out a strange vibe
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PC Industry Revenue To Decline Next Year
InformationWeek -
IDC lowered its global forecast for PC shipments, saying the economic downturn has led to a quick drop in demand. By Antone Gonsalves Market researcher IDC on Wednesday lowered its global forecast for PC shipments, saying the economic downturn has led ...
Analysts: PC growth will slow, while notebooks remain a bright spot
PC shipments to grow just 3.8 percent in 2009
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Reuters - Imprisoned former WorldCom Inc chief Bernard Ebbers has joined the list of high-profile corporate defendants petitioning for clemency in the final days of President George W. Bush's term in office.
Paulson said weighing bailout's next $350 billion
The Associated Press
Reuters -
By Caren Bohan and Richard Cowan CHICAGO/WASHINGTON (Reuters) - Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack ...
President-elect, key lawmakers criticize governance of bank bailout
Obama: Financial bailout must help homeowners, too
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Reuters - Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack Obama's transition team about the idea, an Obama aide said on Wednesday.
William Balfour, Suspect In Hudson Family Killings, Denied Bail
Boston Globe
MTV.com -
By Jennifer Vineyard William Balfour, the only suspect so far charged in the murders of Jennifer Hudson's mother, brother and nephew, was denied bail in Chicago on Wednesday (December 3), according to the Cook County State's Attorney's office, ...
Video: Hudson In-Law Charged With Killing 3 Relatives
Jealousy a Possible Motive in Jennifer Hudson Family Slayings
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Reuters - Record declines in the vast U.S. and European service sectors and more grim U.S. employment news on Wednesday sparked fear of an economic "free fall," setting up another round of aggressive interest rate cuts.
Reuters - U.S. Secretary of State Condoleezza Rice pressed Pakistan to cooperate fully in the probe into the Mumbai attacks but she also warned India against any action that could stoke regional conflict.
AP - The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billions of dollars to a union-run health care trust to do its part to help the struggling companies secure $34 billion in government loans.
AP - President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages. "The deteriorating assets in the financial markets are rooted in the deterioration of people being able to pay their mortgages and stay in their homes," he said.
Bombs found in Mumbai train station a week later
ABC News
The Associated Press -
MUMBAI, India (AP) - Police searching a mound of baggage abandoned amid the carnage of the attack on Mumbai's main train station found two bombs Wednesday - nearly a week after they were left there by gunmen - in a stunning new example of the botched ...
US moves to contain regional fallout from Mumbai attack
Are Al Qaeda's fingerprints on the Mumbai attack?
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Third suspect in Tracy torture case arrested in Berkeley
New York Daily News
San Jose Mercury News -
Police were seeking Caren Ramirez, apparently the boy's aunt who may have had a role in his kidnapping. A Sacramento woman is being held in a San Joaquin County jail today, in connection with the torture and kidnapping of a teen reportedly held captive ...
Video: Third Arrest Made In Tracy Abuse Case
Aunt Arrested in Case of Shackled Teen
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Reuters - All options were on the table on Wednesday as congressional committees scrutinized auto company restructuring proposals and an urgent appeal for $34 billion in aid ahead of make-or-break hearings.
AP - Police searching a mound of baggage abandoned amid the carnage of the attack on Mumbai's main train station found two bombs Wednesday ? nearly a week after they were left there by gunmen ? in a stunning new example of the botched security that has become a major issue in India since the three-day siege.
Kevin Federline Was 'Blindsided' by Britney Spears
E! Online
Zap2it.com -
Now that Britney Spears is in the spotlight for her "Circus" comeback, that means her former hubby is of interest again.
Britney marriage broke over kids, Federline says
Alli Sims, Kevin Federline dish on Britney Spears' 'Circus' comeback
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AFP - India on Wednesday warned that all options were open in dealing with Pakistan after last week's attacks on Mumbai, as the United States pressured Islamabad to show urgent cooperation with the probe.
AP - Ordered to get inside and stay down, Oregon tourist Clyde Thornburg heard the pirates' rifle shots hit the side of the luxury cruise liner ? "Pop! Pop! Pop!" ? then felt the ship speed up to escape.
Ford CEO Worries Detroit Rivals Won't Survive
CTV.ca
Wall Street Journal -
By JOSH MITCHELL WASHINGTON -- Ford Motor Co. CEO Alan Mulally said Wednesday he is confident his company can survive the recession but has growing concerns about the viability of US rivals General Motors Corp.
Detroit trio hits the road to the Hill
Bulls Re-emerge in Late-Hour Stock Rally
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AP - What does a teenage brain on Google look like? Do all those hours spent online rewire the circuitry? Could these kids even relate better to emoticons than to real people? These sound like concerns from worried parents. But they're coming from brain scientists.