emergency funding

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China Death Toll Breaks 51K

Beijing pledges $10B to reconstruction

(Newser) - China’s official earthquake death toll has today topped 51,000, with almost 300,000 injured, and another 29,000 missing, CNN reports. Meanwhile, donations from home and abroad tallied $3 billion, while Beijing pledged another $10 billion to reconstruction efforts, including $3.6 billion for rescue and relief work. More »

Wounded Bear Scrambles for a Savior

Stearns hopes to find a quick buyer in troubled times

(Newser) - What's next for Bear Stearns? A Wall Street institution for the better part of a century, it is now scrambling to find a buyer. Its best hope is JP Morgan, which provided a temporary lifeline yesterday along with the Fed. But other possible suitors include Citibank and HSBC, the Wall ... More »

Water Runs Out In Tenn. Town

Drought forces Orme to borrow from nearby town's hydrant

(Newser) - If the Southeast drought’s effects on Orme, Tenn., are a sign of things to come, folks in Atlanta should start scheduling their showers. The rural home to 145 people has run completely dry, and what water gets trucked in can be used only between 6 and 9 pm. This... More »

Is US Preparing Iran Air Strikes?

White House asks for bunker-buster funding

(Newser) - A recent White House funding request has heightened speculation that the US is preparing air strikes on Iran's nuclear facilities, reports ABC News. The Bush administration has asked for $88 million in emergency funds to modify B-2 stealth bombers so they can carry 30,000 "bunker buster" bombs to... More »

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