Anacott News

AP - Authorities called off evacuation orders for the Florida Keys on Monday as a ferocious Hurricane Ike shifted south over Cuba and appeared on track to miss the low-lying U.S. island chain.

AP - Deadly Hurricane Ike roared across Cuba on Monday, blowing homes to rubble and sending waves crashing over apartment buildings. Some 900,000 Cubans evacuated, and forecasters said it could hit Louisiana or Texas later this week.

AP - Stocks mostly advanced Monday as investors rushed to lay bets on a recovery in the financial and housing sectors following the weekend announcement that the U.S. government will bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained more than 100 points but the technology-heavy Nasdaq composite index declined.

AP - Nearly a year after O.J. Simpson walked into a casino hotel room intent on reclaiming some sports memorabilia, he and his lawyers walked into a courthouse Monday to pick jurors for his robbery-kidnapping trial.

AP - Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.

AP - European Union monitors will deploy to regions surrounding South Ossetia and Abkhazia by next month and Russian troops will pull out after that, President Dmitry Medvedev said Monday.