BP Will Pay for Gulf Oil Spill Cleanup; Suspects Sought in Times Square Bomb Scare: Today's Headlines

Flickr photo by MJTR
Got your coffee? Here's the news.

Obama cracks up the crowd at the annual White House Correspondents' Dinner in DC on Saturday night and says Joe Biden told him it was a big effing meal. -- Wall Street Journal

A car bomb shakes up nerves in New York City this weekend. Investigators are treating the bomb, defused in Times Square, as an attempted terrorist attack. -- Reuters

President Obama warned that the vast oil spill in the Gulf of Mexico is a potentially unprecedented disaster and pledged a relentless federal effort to clean it up. Fishing has been banned from Louisiana to Florida.  -- Fox News

The CEO of BP says the company will "absolutely" pay for the Gulf oil spill. -- CNN

North Korean leader Kim Jong-il appears to have entered China likely to seek financial support (his visits are always kept under wraps). It would be his first visit there since 2004. -- Los Angeles Times

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