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The New York Times has killed its sports department, saying coverage will be drawn from its online sports site, The Athletic. It acquired the site last year for $550 million.

East Timor's president, Jose Ramos-Horta, is hospitalized after being shot in the stomach at his home during a coup attempt. The nation's prime minister escaped injury in an attack on his motorcade.

The White House on Thursday rolled out new sanctions against Iran, designating Iran's Revolutionary Guard Corps as a proliferator of weapons of mass destruction and its elite Quds Force as a supporter of terrorism.

Prime Minister Nouri al-Maliki announces the formation of a new alliance of Shiite and Kurdish parties in an effort to break Baghdad's political impasse. But no Sunni leaders are involved, and key Shiite groups are also not participating.

Embattled Attorney General Alberto Gonzales steps down after months of controversy surrounding the firing of federal prosecutors.

Pakistan's Election Commission appears to have cleared the way for President Gen. Pervez Musharraf to seek another term while serving as army chief. However, legal challenges against the president are mounting.

Commentator and cookbook author Nancy Baggett says it's really not so hard to make marshmallows from scratch. More moist, more tender, and more flavorful than store-bought marshmallows, your S'mores, hot chocolate and Heavenly Hash will never be the same again.

President-elect Barack Obama has vowed to adopt an aggressive approach to global warming and the environment. At a news conference Monday in Chicago, Obama will announce his team to deal with the nation's energy and environmental future. The industrial world is looking to the Obama administration to help get other countries to make environmental changes.

President Bush, at the request of President-elect Barack Obama, has petitioned Congress to release the remaining $350 billion intended to help the nation deal with its financial crisis. The idea is to make the money available to the new administration shortly after Obama takes office next Tuesday.

Retail analyst Howard Davidowitz says the economy has forced many retailers to again offer layaway. Most retailers had stopped because it was not economical for them. Davidowitz tells Ari Shapiro that layaway has some advantages for consumers — but they better make sure they will be able to make the final payment, or they will lose the money they already have paid into the item.