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AP - Alaska Gov. Sarah Palin abruptly announced Friday she is resigning from office at the end of the month, a shocking move that rattled the Republican party but left open the possibility she would seek a run for the White House in 2012.

Powerful sedative found in Michael Jackson’s home
(AP)

AP - The powerful sedative Diprivan was found in Michael Jackson’s home, a law enforcement official said Friday as the city planned for a massive crowd at the singer’s memorial service.

SKorea says NKorea fires 4 missiles off east coast
(AP)

AP - North Korea fired four missiles off its eastern coast Saturday, South Korea said, in what was likely to be seen as a message of defiance to the United States on its Independence Day holiday.

2 US troops killed in Afghanistan blast, 4 wounded
(AP)

AP - A blast in eastern Afghanistan killed two American troops and wounded four others Saturday, a U.S. military spokeswoman said.

U.S. News & World Report - In a move that suggests its initial rescue plan was insufficient, the Obama administration yesterday announced plans to widen the eligibility parameters of a key housing initiative. The change would allow borrowers with mortgages valued at 125 percent of their home’s worth to refinance into more affordable loans. Previously, only borrowers with so-called loan-to-value ratios of 105 percent or less could do so. The mortgage refinancing program is part of the president’s two-pronged plan to pull the nation out of its worst housing slump since the Great Depression. …

Malt-O-Meal recalls oatmeal made with dry milk
(AP)
AP - Malt-O-Meal Co. is voluntarily recalling oatmeal that contains instant nonfat dry milk that may be contaminated with salmonella.Palin resigns as governor, leaves plans secret
(AP)

AP - Alaska Gov. Sarah Palin abruptly announced Friday she is resigning from office at the end of the month, a shocking move that rattled the Republican party but left open the possibility she would seek a run for the White House in 2012.

Why Sarah Palin Quit
(Time.com)

Time.com - Although her stated reasons are hard to pin down, insiders say the Alaska governor’s decision is unlikely to lead to a presidential run in 2012