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Palestinian President Mahmoud Abbas holds a letter requesting that the United Nations recognize Palestine as an independent state as he addresses the 66th session of the UN General Assembly in New York. (Photo by Mary Altaffer / AP)

Parents weigh private schools after more budget cuts

With nearly a third of San Francisco children attending private school these days, it was no surprise to see thousands of students at a High School Fair being held in the city.

San Francisco Examiner

Global warming silver lining: The Arctic could get cleaner

There may be a bright side to global warming, at least in the Arctic: The changing climate could improve air quality in the polar region, a new study shows.

National Geographic

Palestinian statehood bid garners praise, Abbas respect

Mahmoud Abbas’ bid for U.N. recognition of Palestinian statehood will likely fail but has won him admiration at home and re-energized international efforts to seek a negotiated settlement.

ABC News

US buys time in Mideast, but also woes

AOL News

Palestinians appeal for statehood

CNN

Gruebel resigns from UBS following trading scandal

Oswald Gruebel, chief executive officer of UBS AG, resigned his post at Switzerland’s largest bank after a $2.3 billion loss from unauthorized trading.

Bloomberg

NASA: Satellite has fallen to Earth

The decommissioned upper atmosphere research satellite fell back to earth as it was going eastward over Canada and Africa as well as vast portions of the Pacific, Atlantic and Indian oceans.

USA TODAY

NASA searches for scraps of crashed satellite in Pacific Ocean and Canada

Telegraph.co.uk

NATION

Poverty pervades the suburbs

A record 15.4 million suburban residents lived below the poverty line last year, according to a Brookings Institution analysis of Census Bureau data.

CNNMoney

10 suburbs with the highest poverty rates

Huffington Post

How state lawmakers pump up pensions in ways you can’t

More than 4,100 legislators in 33 states are positioned to benefit from special retirement laws that they and their predecessors have enacted to boost their pensions by up to $100,000 a year.

USA TODAY

Health care law: Obama administration returns to court

Lawyers for the Obama administration will once again head to court to defend the health care reform law, this time from challengers who argue it violates their religious freedom.

ABC News

POLITICS

University students convicted for disrupting speech

Ten students are scheduled to do community service for protesting against Israeli envoy’s speech at the University of California in Irvine last year.

Al Jazeera

Funding crisis: Senate blocks House bill

Senate Democrats blocked a House Republican stopgap budget plan, intensifying a bitter congressional impasse that threatens to bring government operations to a halt in a matter of days.

Politico

Blog:

FEMA opens Philly office; Congress blocks FEMA funds — now what?

(Philadelphia Weekly)

Philly Now

Senator seeks missing campaign cash by suing Calif. bank

Democratic U.S. Senator Dianne Feinstein of California, trying to recover millions of dollars in campaign donations allegedly embezzled by her treasurer, sued the bank where the money was deposited.

BusinessWeek

Blog:

Feinstein sues former treasurer

(Politico)

On Congress

BUSINESS

World powers seek to contain Europe debt crisis

Global finance officials pledged to take bolder moves to confront a European debt crisis that threatens to plunge the world into another deep recession.

Houston Chronicle

IMF: Global economy is slowing down

Telegraph.co.uk

Asia stocks tumble as G-20 tries calming Europe markets

Investors in Asia dumped stocks as weak economic indicators intensified fears of a new global recession, although a joint call to action by the Group of 20 nations helped calm markets in Europe.

CBS News

Solyndra haunts other government-backed solar firms

At least three other government-backed solar firms face the same challenging market conditions that brought down Solyndra, the now bankrupt solar panel maker.

CNNMoney

Solyndra executives plead 5th Amendment at House hearing

C-Span

HEALTH

Hospital drug shortages deadly, costly

A drug for dangerously high blood pressure, normally priced at $25.90 per dose, is now offered to hospitals for $1,200. Fifteen deaths in 15 months have been blamed on shortages of life-saving medications.

Yahoo! News

CDC considers vaccinating boys, not just girls, for HPV

A debate over whether males should be vaccinated for human papillomavirus could come to a head at a meeting of a key advisory committee of the U.S. Centers for Disease Control and Prevention.

HealthDay

LIVING AND ENTERTAINMENT

3 generations under 1 roof

Census Burea data shows the percentage of U.S. households housing three or more generations has nearly tripled in 30 years.

New York Times

Labors of love on the Great Lakes: From ships to shore, living the dream

The people who live off the Great Lakes — whether they work in tourism or in fishing, boating, mining or the farms that depend on the lakes-created climate — wouldn’t have it any other way.

Detroit Free Press

SPORTS

After 36 years, real-life Rocky’s story coming soon

ESPN is making a documentary about Chuck Wepner and Hollywood is making another movie about him — the man who inspired the movie “Rocky.”

CNN

NBA postpones camps, cancels 43 preseason games

The NBA postponed training camps indefinitely and canceled 43 preseason games because it has not reached a new labor deal with players. All games from Oct. 9-15 are off, the league said.

Houston Chronicle

MLB seeks sale of Dodgers

Attorneys for Major League Baseball asked a Delaware bankruptcy judge to clear the way for a sale of the Los Angeles Dodgers, saying team owner Frank McCourt is driving the team to destruction.

NPR

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Blog (Rodolfo Mendoza-Denton, Ph.D.):

Why we need Obama now, more than ever

(Psychology Today)

Are We Born Racist?

Column (Maurice S. Fisher Sr.):

Market tactics won’t curb drug abuse

Roanoke Times

Column (John J. Petillo):

Liberal arts education: gateway to riches

Hartford Courant

Column (Daniel Bethlehem):

A Palestinian Spring

Khaleej Times

Column (Alyssa Battistoni):

What Obama got right on green jobs

Salon

Blog (J.D. Roth):

Don’t panic! Why falling stock prices are a good thing

(TIME)

Moneyland

Blog (Bonnie Rochman):

Deep fear of childbirth drives some c-sections

(TIME)

Healthland

Column (Sara Horowitz):

Welcome to middle-class poverty — does anybody know the way out?

The Atlantic

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GOOD NEWS

Nyad pushes forward on record swim attempt despite jellyfish encounter

Endurance swimmer Diana Nyad is continuing her third bid to swim from Cuba to Florida despite an encounter with a suspected moon jellyfish only a couple of hours into the attempt.

CNN

New experimental drug ‘a major player’ in prostate cancer

An experimental drug from Germany’s Bayer and Norwegian biotech Algeta that prolongs the lives of patients with advanced prostate cancer is a major step forward in treatment of the disease.

Reuters

Deformed puppy, rescued from trash, learns to walk

Harper, who once was so deformed that she couldn’t walk or hold up her head, is doing swimmingly thanks to hydrotherapy and lots of love.

MSNBC

WORLD

Yemeni forces launch deadly attack on main opposition camp