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Mon, 13 Oct 2008 14:55:40 GMT
AP - Wall Street snapped back Monday from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose well over 5 percent, and the Dow Jones industrials gained nearly 480 points.
Mon, 13 Oct 2008 14:39:23 GMT
AP - The Bush administration said Monday it was studying ways to take partial ownership of some banks, while Europe took swift, unified action to thaw frozen lending and get the global economy moving again. Stock markets around the world rose.
Mon, 13 Oct 2008 13:14:51 GMT
AP - Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.
Mon, 13 Oct 2008 13:16:40 GMT
AP - Sen. Hillary Rodham Clinton is praising former rival Barack Obama, saying the Democratic presidential nominee is closing in on winning on Election Day.
Mon, 13 Oct 2008 12:44:18 GMT
AP - The nation's leading pediatricians group says children from newborns to teens should get double the usually recommended amount of vitamin D because of evidence that it may help prevent serious diseases.
Mon, 13 Oct 2008 12:44:09 GMT
AP - The European Union told music lovers Monday to turn down the volume of MP3 players, saying they risk permanent hearing loss from listening too long at maximum levels.
Mon, 13 Oct 2008 14:17:35 GMT
AP - Five years ago, retired Air Force intelligence officer Kirk von Ackermann became the first of 39 Americans to be kidnapped in Iraq. He's still missing, his wife fearing she'll never see him again.
Mon, 13 Oct 2008 12:00:35 GMT
AP - The Jonas Brothers will perform during halftime of the Dallas Cowboys' nationally televised Thanksgiving Day game against the Seattle Seahawks.
Mon, 13 Oct 2008 12:44:01 GMT
AP - An adorable talking dog remained just the sort of escapist movie hero audiences wanted after a week of awful economic news. Disney's family comedy "Beverly Hills Chihuahua," with Drew Barrymore providing the voice of the pooch, was the No. 1 flick for the second-straight weekend with $17.5 million, raising its 10-day total to $52.5 million, according to studio estimates Sunday.
