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Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling are convicted Thursday of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history. The pair now face lengthy prison sentences.

For the first time in over two years, the Federal Reserve did not raise a key interest rate. Although there was some disagreement among the board members, most believed the cooling economy invited a pause.

A teacher who instills a love of books and writing has beaten out 5,000 educators around the world for a global honor.

Laurence Heda remembers Michael Pellegrini, who died along with four members of his family when a truck barreled through a crowd in Nice, France, killing at least 84 people.

Huie Kin made his way from China to the United States in 1868. He later married Louise Van Arnam, overcoming opposition from her Dutch-American family. Their descendants form a clan that celebrates the Great Melting Pot.

Delta and Northwest's merger would create the world's largest airline in terms of traffic. But there is still a lot to be worked out. Regulators and shareholders need to be convinced. And Northwest's pilots union is saying it will do everything it can to block the deal.

Bush set a 2025 target date for the U.S. to slow growth of greenhouse gas emissions, but remains leery of any plan that would hurt economic growth.

The Federal Reserve slashed the federal funds rate, charged on overnight loans between banks, by one-half a percentage point to 4.75 percent. Wall Street investors were happy. But for average people, the cut doesn't translate into that much money in their pockets.

Doctors in Boston say Sen. Ted Kennedy has a malignant brain tumor, the apparent cause of the seizure he suffered on Saturday. Kennedy has been resting at Boston's Massachusetts General Hospital since suffering the seizure at his Cape Cod home.

Now that the Democratic presidential nominating contests are over, Barack Obama says he is the presumptive nominee. Hillary Clinton has not pulled out of the race, though. Strategist Mark Mellman, a Democrat, says there's no doubt the race is over, but Republican Tucker Eskew says Obama needs Clinton's support.