national-news-from-abc

New Ban on Risky Mortgage Loans

New Ban on Risky Mortgage Loans Morning Business Memo… New rules announced today are aimed at preventing the return of high-risk no-document home loans that contributed to the collapse of the housing market. For the first time federal regulators are laying out rules to ensure borrowers can afford to pay the...


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Watch: Invisible Driver at Drive-Thru

Watch: Invisible Driver at Drive-Thru A prankster has devised a costume to trick people that the car is driving itself.


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Police Say Car Explodes in Tel Aviv

Police Say Car Explodes in Tel Aviv Israeli police say car blows up near bus in Tel Aviv, probably a criminal act


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Sandusky Hearing to Focus on Fairness

Sandusky Hearing to Focus on Fairness Sandusky hearing to focus on fairness of trial, whether case was rushed, judge's rulings


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Killer Whales Trapped in Sea Ice

Killer Whales Trapped in Sea Ice Quebec community makes urgent request for help saving trapped killer whales


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Jack Lew Named New Treasury Secretary

Jack Lew Named New Treasury Secretary President Obama today will name his current chief of staff, Jack Lew, to serve as the nation’s next treasury secretary, replacing Timothy Geithner, the White House announced. “Jack Lew will bring an impressive record of service in both the public and private sectors for over...


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Google Urges N. Korea for Open Internet

Google Urges N. Korea for Open Internet Google's Schmidt urges NKorea to allow access to Internet, or risk falling behind economically


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Watch: Tattoo School: Getting 'A's' in Ink

Watch: Tattoo School: Getting 'A's' in Ink "World's Only Tattoo School" in Louisiana hosts a two-week course to turn students into artists.


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Watch: Americans Lose Billions in Chinese Investment Frauds

Watch: Americans Lose Billions in Chinese Investment Frauds Chinese companies kicked off NASDAQ, NYSE after fraud allegations.


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Watch: Is Partying Online Hurting Your Job Prospects?

Watch: Is Partying Online Hurting Your Job Prospects? Expert says more employers are looking at how applicants portray themselves in social media.


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Show of Support Planned for Chavez

Show of Support Planned for Chavez Venezuelan government plans show of support for Chavez as ailing leader's swearing-in delayed


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US Missiles Kill 5 Suspected Militants

US Missiles Kill 5 Suspected Militants Surge of US missile strikes continues in Pakistan with attack that kills 5 suspected militants


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Cruise Says Making Movies Is Still Fun

Cruise Says Making Movies Is Still Fun Hollywood star Tom Cruise, in Seoul, says he had 'so much fun' making his latest movie


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Cops Find Gator During Probation Check

Cops Find Gator During Probation Check Authorities say they found alligator protecting marijuana during Castro Valley probation check


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Others Contest Tully's Sale to Dempsey

Others Contest Tully's Sale to Dempsey Other bidders contest sale of Tully's Coffee chain to actor Patrick Dempsey's company


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Inauguration Tickets Peddled Online

Inauguration Tickets Peddled Online Despite efforts against scalping, inauguration tickets offered online with steep markups


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Search Continues for Missoni's Plane

Search Continues for Missoni's Plane No sign of lost plane with Missoni CEO off Venezuela; owner says plane was well maintained


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Photos: Madonna Lists Beverly Hills Home

Photos: Madonna Lists Beverly Hills Home Madonna has listed her Beverly Hills home for $22.5 million after 10 years of ownership. She first lsited the 1.25 gated property for $28 million since early 2012. She purchased it for $12 million in 2003 when she was married to director Guy Richie. She renovated the home, built in 1912, including the 9-bed 17,000-sq. ft. home.


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