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AP Top Headlines At 4:48 p.m. EST
Updated: 1 hour 58 min ago

Dow plunges nearly 430 to fall below 8,000 mark

2 hours 6 min ago
NEW YORK (AP) -- Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark as the fate of Detroit's Big Three automakers amid a slumping economy disheartened investors....

Red Sox trade Coco Crisp to Royals for reliever

2 hours 6 min ago
KANSAS CITY, Mo. (AP) -- The Kansas City Royals picked up the leadoff hitter they had been seeking, acquiring center fielder Coco Crisp from the Boston Red Sox for reliever Ramon Ramirez on Wednesday. Kansas City was 12th among 14 AL teams in runs last season and added power last month, obtaining first baseman Mike Jacobs from Florida....

Huckabee won't rule out 2012 run for president

2 hours 12 min ago
WASHINGTON (AP) -- Mike Huckabee wouldn't rule out a 2012 run for president Wednesday, but he acknowledged it could be hard to take back the spotlight from fellow Republican Sarah Palin. "I'm not ruling anything out for the future, but I'm not making any specific plans," Huckabee told reporters at a briefing to promote his new book, "Do the Right Thing."...

Dem officials: Daschle accepts HHS Cabinet post

2 hours 12 min ago
WASHINGTON (AP) -- Former Senate Majority Leader Tom Daschle has accepted President-elect Barack Obama's offer to be Secretary of Health and Human Services, Democratic officials said Wednesday. The appointment has not been announced, but these officials said the job is Daschle's, barring an unforeseen problem as Obama's team reviews the background of the South Dakota Democrat....

Sen. Clinton weighing secretary of state post

2 hours 12 min ago
CHICAGO (AP) -- Associates of Sen. Hillary Rodham Clinton said Wednesday the former first lady is weighing whether to leave the Senate and become secretary of state in the Obama administration, a job they say she believes is hers if she wants it....

Al-Qaida No. 2 insults Obama with racial epithet

2 hours 12 min ago
CAIRO, Egypt (AP) -- Al-Qaida's No. 2 leader used a racial epithet to insult Barack Obama in a message posted Wednesday, describing the president-elect in demeaning terms that imply he does the bidding of whites. The message appeared chiefly aimed at persuading Muslims and Arabs that Obama does not represent a change in U.S. policies....

30-day age limit for Neb. safe-haven law advances

2 hours 21 min ago
LINCOLN, Neb. (AP) -- A 30-day age limit in the Nebraska safe-haven law appears headed for final approval. The state Legislature voted 41-6 Wednesday to give second-round approval to the limit. A final vote is expected Friday and then the bill will go to Gov. Dave Heineman, who has said he would support a 30-day age limit....

Winona Ryder briefly hospitalized in UK

3 hours 24 min ago
LONDON (AP) -- Winona Ryder was briefly hospitalized after falling ill on a flight to London's Heathrow Airport on Wednesday, her publicist said. Mara Buxbaum said the 37-year-old actress was taken to a west London hospital "as a precaution" and had been released....

Archaeologists: New evidence for Herod's tomb site

3 hours 28 min ago
HERODIUM, West Bank (AP) -- Israeli archaeologists excavating what they believe is the tomb of biblical King Herod said Wednesday they have unearthed lavish Roman-style wall paintings of a kind previously unseen in the Middle East and signs of a regal two-story mausoleum, bolstering their conviction that the Jewish monarch was buried here....

Ind. inmates sneak through ceiling to have sex

3 hours 34 min ago
BLOOMFIELD, Ind. (AP) -- Three male and three female inmates at a southern Indiana jail face charges that they devised a way to sneak between cell blocks to help pass their time behind bars by having sex....

Sen. Clinton weighing secretary of state post

4 hours 18 min ago
CHICAGO (AP) -- Associates of Hillary Rodham Clinton and her husband say the former first lady is weighing whether to leave the Senate and become secretary of state, believing the job is hers if she wants it....

Democrats seek lower expectations for auto bailout

4 hours 24 min ago
WASHINGTON (AP) -- Top Senate Democrats suggested Wednesday that a bill to rescue Detroit's Big Three automakers was stalled and challenged the Bush administration to take steps to save the industry if congressional efforts falter. The White House quickly rebuffed the suggestion....

Consumer prices drop record 1 percent in October

4 hours 28 min ago
WASHINGTON (AP) -- Consumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount....

Fed sharply lowers forecasts, hints of rate cut

4 hours 37 min ago
WASHINGTON (AP) -- The Federal Reserve on Wednesday sharply lowered its projections for economic activity this year and next, and signaled that additional interest rate reductions may be needed to help combat the worst financial crisis to jolt the country in more than a half-century....

Seattle Mariners name Don Wakamatsu as manager

5 hours 31 min ago
SEATTLE (AP) -- Don Wakamatsu became the first Asian-American manager in major league baseball history when he was hired Wednesday by the Seattle Mariners....

Woolly mammoth task: Extinct critter's DNA mapped

5 hours 51 min ago
WASHINGTON (AP) -- Scientists for the first time have unraveled much of the genetic code of an extinct animal, the ice age's woolly mammoth, and with it they are thawing Jurassic Park dreams....

Indian navy sinks suspected pirate 'mother ship'

6 hours 16 min ago
NEW DELHI (AP) -- The Indian navy sank a suspected pirate "mother ship" and chased two attack boats into the night, officials said Wednesday, as the owners of a seized Saudi oil supertanker negotiated for the release of their vessel and its $100 million cargo....

Suri Cruise tops Forbes.com list of `Hottest Tots'

6 hours 44 min ago
NEW YORK (AP) -- Suri Cruise is the most popular kid on the playground. The 2-year-old daughter of Tom Cruise and Katie Holmes tops Forbes.com's second annual list of "Hollywood's 10 Hottest Tots."...

Source: Holder informally offered, accepts AG job

7 hours 1 min ago
WASHINGTON (AP) -- A source close to the process of selecting Barack Obama's attorney general says the president-elect has "informally" offered the post to Washington lawyer Eric Holder, who has accepted....

Insurers make pitch for health coverage mandate

7 hours 4 min ago
WASHINGTON (AP) -- The health insurance industry said Wednesday it will support a national health care overhaul that requires them to accept all customers, regardless of pre-existing medical conditions, but in return it wants lawmakers to mandate that everyone buy coverage....

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