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• Silver State Bank in Nevada is shut
Nevada regulators closed Silver State and the Federal Deposit Insurance Corp. was appointed receiver of the bank, based in Henderson, Nevada. It had $2 billion in assets and $1.7 billion in deposits as of June 30.
• Government may soon back troubled mortgage giants
Concern has been growing that a government rescue of Fannie and Freddie could not only wipe out common stockholders, but also be costly for scores of investment, banking and insurance companies that hold billions of dollars in their preferred shares.
• New Dangerous Dog Ordinance Heads To City Council
The proposal, obtained Friday by KETV NewsWatch 7, would require any owner of a dangerous, or "potentially dangerous" dog to produce proof of liability insurance before the owner could license the dog in the city.
• Wall Street dives after retail report
Meanwhile, the Labor Department said new applications for unemployment insurance rose by 15,000 from the previous week. That broadly missed expectations for a fourth-straight week of declines.
• FEMA to cover hotels for some Gustav evacuees
But he was uncertain what the agency would offer such a family, in part because various other factors — including the family's insurance coverage and whether their house was damaged — could come into play.