Thursday, November 10, 2011

Paterno leaving...Market slides on European worries...Zsa Zsa hospitalized

STATE COLLEGE, Pa. (AP) — Faced with criticism for not doing more to address allegations of child sex abuse by an assistant, longtime Penn State football coach Joe Paterno says he'll retire at the end of the season. But he could also be asked to leave immediately. Former assistant coach Jerry Sandusky is charged with molesting eight boys in 15 years, including at the Penn State football complex.

NEW YORK (AP) — Debt troubles in Greece and Italy have sent American stocks tumbling. The Dow fell almost 400 points. American investors are worried that the consequences from Europe could include a freeze in lending, the disintegration of the euro currency or a bruising recession that would hurt the U.S.

WASHINGTON (AP) — Democrats on the congressional deficit-reduction supercommittee say they'll wait on Republicans to agree to tax increases before negotiations can resume. There are just two weeks before the committee's deadline and the two sides are far apart on how much in new tax revenues a deal should include.

ANKARA, Turkey (AP) —Turkish television is reporting that at least three people have been killed in an earthquake. And more than 50 people were trapped in a toppled hotel. The quake had a preliminary magnitude of 5.7.

LOS ANGELES (AP) — Zsa Zsa Gabor has been rushed to a Los Angeles hospital after another health scare. A publicist says the 94-year-old actress was taken by ambulance to Ronald Reagan UCLA Medical Center today after her feeding tube became loose.

Source: http://www.9and10news.com