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The Texas Republican Party abandons its court fight to replace former House Majority Leader Tom DeLay on the November ballot. Supreme Court Justice Antonin Scalia rejected the party's request to block an appeals court ruling that says DeLay's name should remain on the ballot.

While much of the world's attention is focused on North Korea's failed test of an intercontinental ballistic missile, some analysts say a bigger threat is posed by the country's short- and medium-range missiles. The smaller missiles can reach Japan.

Higher-than-expected tax revenues in the United States are expected to make a dent in the federal deficit, according to early reports. According to The New York Times, corporate taxes, taxes on stock-market profits and taxes on executive bonuses are mostly responsible for the higher revenues.

As part of its "Way Forward" restructuring campaign, the Ford Motor Company says it will reduce its fourth-quarter vehicle production by 168,000 in North America, compared with a year ago. That's down more than 20 percent. The company hopes to reduce bulging dealer inventories by temporarily shutting down ten plants. Analysts say the production cuts could pay off if Ford's new models prove popular.

As they start to return home from their positions in southern Lebanon, many Israeli soldiers are disillusioned and disappointed. They believe that the goals of the war -- releasing the two captured soldier and defeating Hezbollah -- were not met. The soldiers blame military commanders and Israeli intelligence for the failures.

Naheed Phiroze Patel's debut novel Mirror Made of Rain is out in the U.S. this week.

Eight Israelis were killed Sunday when Hezbollah fired rockets at the northern port city of Haifa, in Israel. Israel's air force chief says Hezbollah still has a large arsenal of rockets, some of which can reach Tel Aviv.

In Lebanon early this morning, Israel bombed the crowded suburbs of sourthen Beruit. The bombing was retaliation for Hezbollah's attacks on Israel, when it fired rockets into the northern port city of Haifa. The attacks followed a speech from the Lebanese prime minister who called for an immediate United Nations brokered cease fire to stop what he called "Israeli aggression."

Hezbollah leader Sheikh Hassan Nasrullah broadcast a televised statement, promising further surprises for Israel after the guerrilla group launched rockets into the Israeli city of Haifa, killing eight Israelis. United Nations and European diplomats shuttled to Beirut on Sunday for talks with the Lebanese government.

For years, the GOP has enjoyed a comfortable fundraising advantage over Democrats, especially in Senate races. But the latest federal election filings indicate that the Democrats have closed the fundraising gap.