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  • Israeli and U.S. citizen Robert J. Aumann and American Thomas C. Schelling win the 2005 Nobel Memorial Prize in Economic Sciences for their work on game theories that help explain economic conflicts, including trade and price wars.
  • Bernard Ebbers, who as the once-swaggering CEO of WorldCom oversaw the largest corporate fraud in U.S. history, wept in court Wednesday after a judge sentenced him to 25 years in prison -- the toughest sentence yet in the string of recent corporate scandals.
  • Residents of Florida, Alabama and other Gulf of Mexico areas are preparing for Hurricane Dennis. The Category 2 storm is expected to make landfall as early as Sunday. Hurricane Dennis is blamed for at least 10 deaths in Cuba and another 10 deaths in Haiti. From member station WJCT, Lucy Nalpathanchil reports.
  • Ukraine's Parliament votes to declare the country's disputed presidential election null and void. The move boosts supporters of opposition candidate Viktor Yushchenko, who claim the government rigged election results to support incumbent Prime Minister Viktor Yanukovych. NPR's Emily Harris reports
  • Egypt hosts a military funeral for Palestinian leader Yasser Arafat. Arafat's coffin was carried on a horse-drawn carriage from a Cairo mosque to an Egyptian airbase where the funeral took place. Egyptian President Hosni Mubarak led the procession. Hear NPR's Renee Montagne and NPR's Peter Kenyon.
  • A car bomb explodes outside a mosque in northern Baghdad, killing at least 14 people. In southern Baghdad, insurgents attack a police station, killing at least six police officers and freeing more than 50 prisoners. Both attacks came around dawn. NPR's Mike Shuster reports.
  • The city of Fallujah is now in the control of U.S. and Iraqi forces. But observers say there's much more to the insurgence than just Fallujah, and the problem of holding timely elections remains. Hear NPR's Tom Gjelten and Anthony Cordesman of the Center for Strategic and International Studies.
  • Heavy U.S. air and artillery bombardment continued Monday night in the Iraqi city of Fallujah, as Marine and Army battalions began entering the city. Hear NPR's Renee Montagne and NPR's Anne Garrels.
  • President Bush begins his second term, urging Americans to expand the frontiers of freedom around the world and challenging young people in particular to "serve in a cause larger than your wants." The speech was the centerpiece of a day devoted to tradition and tribute.
  • Charities helping victims of last week's Indian Ocean earthquake and tsunami report receiving a huge outpouring of money from Americans. Some groups have been overwhelmed by the response, but all are heartened at the level of contributions. NPR's Libby Lewis reports.
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