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Olympic flame takes flight as fireworks, pageantry open Beijing Games - ESPN.com

August 9th, 2008, 3:19

By @ August 9th, 2008, 3:19 in General

BEIJING -- Once-reclusive China commandeered the world stage Friday, celebrating its first-time role as Olympic host with a stunning display of pyrotechnics and pageantry -- topped by the unworldly sight of a flying gymnast, traversing the heights of the stadium to light the flame and begin the more info

WASHINGTON (AP) -- Fannie Mae is making bold cutbacks that will send shock waves through the mortgage market, after posting a quarterly loss Friday that was three times larger than Wall Street expected. To slow its financial decline, the mortgage finance giant slashed its dividend to 5 cents a share more info

J.B. Holmes fires a 2-under 68 to grab the lead in the second round, as Oakland Hills continues to get the best of most of the PGA field. "The pins are really tough to get to, the wind is blowing and the greens are cooking, drying out," the usually ebullient U.S. Open runner-up said after shooting a more info

Pity Barack Obama’s choice as his vice-presidential running mate. That person is now scheduled to speak immediately after Bill Clinton at the Democratic convention in Denver this month, in an exercise that gets increasingly Clintonite as it draws closer. In spite of having offered only grudging more info

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