President George W. Bush is going to address the nation on television at 9 p.m. tonight to discuss the Wall Street crisis. Meanwhile, Ben Bernanke, chairman of the Federal Reserve, "urged Congress to take quick action on the proposed $700 billion economic recovery plan, and warned that delays threatened not only financial stability in the United States but also, by implication at least, prosperity overseas," The New York Times reported.
Stocks in solar products rose today after the Senate approved an extension for $18 billion in tax credits "for using renewable energy sources like wind, solar and geothermal and also provide incentives to cut energy consumption," Forbes reported.
Eli Lilly, a pharmaceutical company based in Indianapolis, has announced plans to publish how much money it pays doctors. The disclosures are scheduled to start next year, and could make Lilly the first drug company to do so, UPI reported.
The Bill & Melinda Gates Foundation is co-sponsoring a $76 million program to help farmers in sub-Saharan Africa, reports the Puget Sound Business Journal. Belgium and the Howard G. Buffett Foundation are also co-sponsoring the plan.
The National Association of Realtors said the median home sales price fell by a record 9.5 percent in August, reported AP. The number of unsold homes, though, dropped by seven percent, suggesting people are taking advantage of the low prices.
Police in Finland are facing harsh criticism for having questioned and released Matti Juhani Saari a day before he killed 10 adult students at a vocational school. He was questioned over a YouTube video of him shooting at a firing range, AFP reported, "but they deemed him not enough of a threat to hold him or withdraw his licence."
The United States today asked North Korea to stop its move toward a nuclear program, saying it could further isolate the nation. Earlier this week, North Korea asked International Atomic Energy Agency inspectors to remove cameras and seals from part of the Yongbyon plant. The inspectors were also asked to leave the plant.
A United Nations court has sentenced Simeon Nchamihigo, who was a deputy prosecutor in Rwanda, to life today for, genocide, crimes against humanity and murder, Reuters reported. The news service said Nchamihigo, in April 1994, "told Interhamwe militia to find and kill Tutsis and other civilians who were accomplices of the Rwandan Patriotic Front."
A dozen governments have banned dairy products from China, or are testing the imports more, the Voice of America reports. Thousands of Chinese children have become sick because of formula contaminated with melamine. Four babies have died.
In a speech Wednesday to college students and faculty in New York, Iran's president, Mahmoud Ahmadinejad, said he hopes America's next president will work on improving relations with his country. "We don't insist on better relations, but it's better to have better relations," he said, according to the International Herald Tribune.
Susan LeFevre, who escaped from prison in Michigan in 1976, was sentenced to two years of probation today, the AP reported. Earlier this year, police found LeFevre in California, where she had been living in with her husband and three children. Wayne County Circuit Judge David Groner told LeFevre, "The court finds no reason to give you extra time."
An effigy of presidential candidate Barack Obama was found hanging from a tree in the middle of the George Fox University campus in Newburgh, Ore., Tuesday morning, according to UPI. The Christian school's administration is investigating the incident.
The Federal Bureau of Investigation on Wednesday confirmed that agents searched two judges' offices in Cleveland as part of a corruption investigation. Bridget McCafferty and Steven Terry, the county judges, said they didn't know about the searches, according to UPI. The FBI has been investigating a few county officials, but "it was not clear Wednesday why the judges were brought into the investigation."
Residents of Galveston, which was hit last week by Hurricane Ike, were allowed to return to their homes Wednesday, according to AP. City officials told citizens to bring their own water, and not to try to use electricity or gas at their homes.
Arkansas child services officials are going to keep six girls taken during a raid on the Tony Alamo Christian Ministries compound, CNN reports. Federal authorities entered the compound over the weekend as part of a child pornography investigation, but no one has been arrested.
The Indianapolis Colts' former home stadium, the RCA Dome, is set to be deflated at 10:30 a.m. today, the Indianapolis Star reports. The Dome is being demolished to make way for an expanded convention center. A new home for the Colts, Lucas Oil Stadium, opened last month.
Ariz. Sen. John McCain is going to suspend campaigning starting Friday so he can attend to the financial crisis, which is being debated in Congress. He has asked his Democratic opponent, Ill. Sen. Barack Obama, to postpone Friday's scheduled presidential debate.
Aides to Sarah Palin are no longer answering questions about an inquiry into whether she, as Alaska's governor, acted properly in firing the state's public safety commissioner. According to CNN: "Palin has dropped an earlier pledge to cooperate with a probe by the state Legislature, with aides arguing it has been 'tainted' by partisan politics since she became Sen. John McCain's running mate."
Federal health officials recommend that all children age 6 months to 18 years receive the flu vaccine because children are "two to three times more likely" than adults to get the disease, according to CNN. Previously, officials recommended that children age 6 months to 5 years get the annual vaccination.
The head of the National Institutes of Health, Elias Zerhouni, has announced he is stepping down at the end of next month. According to the New York Times, Zerhouni's career as head of NIH was "marked by a conflict-of-interest scandal and an increasingly grim budget situation."
The Detroit Lions announced on Wednesday that Matt Millen, the team's president and chief executive officer, has been fired, the Sports Network reports. He had led the Lions since 2001, and the team has a 31-84 record in that span.
Clay Aiken has told People magazine that he is gay. He says he promised himself that he would publicly acknowledge his sexuality after his son Parker was born in early August. "I cannot raise a child to lie or to hide things. I wasn't raised that way, and I'm not going to raise a child to do that," he said.