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Senator Jim DeMint on Offshore Drilling

This is a rush transcript from “Your World With Neil Cavuto,” October 1, 2008. This copy may not be in its final form and may be updated. NEIL CAVUTO, HOST: Now, my next guest wants oil companies to start drilling right now. Today, he introduced the Drill Now Act to …

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Army Investigating Overpayments to Contractor Working in Iraq

WASHINGTON – Army criminal investigators are examining whether Combat Support Associates, a defense contractor that has earned more than $2 billion so far supporting U.S. troops in Iraq, overcharged the government. The company said it is cooperating in the case. Combat Support Associates, based in Orange, Calif., performs vehicle maintenance, …

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Somali Pirates Release One Hijacked Ship, Do Not Blow Up Another as Promised

MOGADISHU, Somalia – Soldiers from a semiautonomous Somali region, their guns blazing, freed a Panama-flagged cargo ship from pirates Tuesday as other pirates failed to act on their threat to blow up an arms-laden Ukrainian ship if no ransom was paid. Relatives of crew members of the Ukrainian vessel, which …

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Crew Saved After Ship Runs Aground, Pinned Against Rocks

The crew of a cargo ship were lifted to safety before their vessel was smashed in half in the Strait of Gibraltar, The U.K.’s Daily Mail newspaper reported Sunday. The Liberian-registered Fedra was caught in a strong storm Saturday as it passed through the strait, and was pinned against a …

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Rice: Nuclear Agreement Key to Expanding U.S.-India Relations

NEW DELHI, India – Secretary of State Condoleezza Rice arrived in the Indian capital Saturday to commemorate — but not put her signature to — a historic deal that opens up U.S. nuclear trade with the Asia giant. A signing ceremony that had been scheduled was dropped because, according to …

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7 Teens Accused of $100,000 Crime Spree

OAKDALE, La. – Seven boys are accused of break-ins resulting in more than $100,000 in theft and vandalism, according to Allen Parish sheriff’s deputies. Chief Deputy Willis Grant said deputies are looking for at least three more juveniles. Grant said deputies arrested a 13-year-old, three 15-year-olds and three 16-year-olds last …

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Greece Protest Clashes Send Christmas Shoppers Running for Cover

ATHENS, Greece – Riot police clashed with rock-throwing demonstrators in central Athens on Thursday, sending Christmas shoppers and people in cafes running for cover. Frightened parents scooped up their children from a Christmas carousel in the city’s main square and fled. The protesters broke away from a peaceful rally and …

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Goldman Family: Simpson's Prison Time Is 'Karma'

NEW YORK – O.J. Simpson’s rambling apology in a Las Vegas courtroom was the last-ditch bid for leniency by a “monster,” the family of Ron Goldman said Monday. “I don’t believe for one single second he has an ounce of remorse in his body,” Fred Goldman said on NBC’s “Today.” …

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Bush Administration Ignored Warnings of Pending Financial Meltdown

WASHINGTON – The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents. …

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Police: 1 Dead, 3 Wounded in Dallas Store Shooting

DALLAS – One person has been killed and three wounded after three men in ski masks opened fire in a store north of Dallas, police said. Two men and two women were inside the North Dallas business when the shootings happened Tuesday night, Dallas police spokesman Gerardo Monreal said. Sgt. …

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