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Exiled former Pakistani Prime Minister Nawaz Sharif says he will challenge President Gen. Pervez Musharraf in elections this fall, even as Musharraf considers a power-sharing agreement with another rival that would have him stepping down as head of the army.

The Residences at the Brooks took another step toward approval Tuesday night when the Estero Planning Zoning and Design Board approved the 154-unit apartment complex. The apartments were the first of two projects the planning board moved forward. It also approved a development order for Via Coconut, a mixed-use project with 330 multi-family units and 29,000 square feet of commercial space, including a possible church.

President Bush renews his vow to veto any spending bill for the war in Iraq that attempts to set a timetable for withdrawal of U.S. combat troops. Senate Majority Leader Harry Reid has said that if the timetable fails, he will move to cut off funding for the war by March 31 of next year.

Passengers of the Ambassador Cruise Line had just arrived in the Faroe Islands when a group of small boats drove the whales to shallow water for killing, part of a long-standing local tradition.

The soaring price of oil is hitting the airline industry. American Airlines announced Wednesday that it would eliminate about 12 percent of its flights by the end of the year and added a $15 surcharge for each checked bag.

The U.S. House passed the rescue package, paving the way for the government to start buying up troubled assets from financial institutions caught on the wrong side of record home foreclosures. Brian Naylor discusses the new bill.

Republican presidential candidate John McCain has named Alaska Gov. Sarah Palin as his running mate. Palin, 44, is the first woman named to a spot on the GOP ticket. She has been Alaska's governor since 2006.

President-elect Barack Obama has named Mary Schapiro to head the Securities and Exchange Commission. In a news conference in Chicago, Obama said government regulators "had dropped the ball," leading to the financial meltdown.

The chief U.S. diplomat in Africa ratcheted up the language against Zimbabwe's longtime president Robert Mugabe on Sunday. Assistant Secretary of State Jendayi Frazer says the United States won't lift sanctions against that country until Mugabe is gone. NPR's Charlayne Hunter-Gault talks to host Andrea Seabrook about the developments.

In Fort Hood, Texas, investigators are collecting information about Thursday's deadly attack at a soldier processing center. Thirteen people were killed, 12 of them soldiers, and 30 were wounded when a gunman, identified as Army psychiatrist Maj. Nidal Malik Hasan, opened fire in the facility.