Dow jumps over 700 as governments pledge bank aid
(AP)
Mon, 13 Oct 2008 19:33:48 GMT
AP - Wall Street has snapped back 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. The Dow Jones industrials are up more than 700 points, and all the major indexes are up more than 8 percent.
Treasury, Fed to meet with financial execs on bailout details
(AP)
Mon, 13 Oct 2008 17:00:20 GMT
AP - Major stock markets around the world rose for the first time in days Monday as the U.S. said it plans to swiftly implement a broad financial rescue package and Europe put almost $2 trillion on the line to break the lending logjam threatening the world's economy.
Obama calls for 90-day moratorium on foreclosures
(AP)
Mon, 13 Oct 2008 19:22:05 GMT
AP - Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.
Wildfires burn homes, kill 1 in Los Angeles area
(AP)
Mon, 13 Oct 2008 19:21:23 GMT
AP - Two wildfires driven by strong Santa Ana winds threatened neighborhoods near Los Angeles on Monday, killing one person, destroying several dozen mobile homes and forcing evacuations.
McCormick tells all about 'Brady' drug addiction
(AP)
Mon, 13 Oct 2008 19:23:26 GMT
AP - As Marcia Brady on "The Brady Bunch," Maureen McCormick projected an image of the wholesome girl next door. But off camera, she spiraled downward into drug addiction and depression.
Prosthetic eye gives horse a shot at show career
(AP)
Mon, 13 Oct 2008 19:35:01 GMT
AP - A miniature horse has been given a second chance for a career as a show horse thanks to a prosthetic eye. The 65-pound horse, named KBuck, was born June 1 at Lil Chums Miniature Horse Farm in Lawton and lost its eye a few days after birth. Owner Kelsey Chumbley, 12, said she suspects the young horse was the victim of a swift kick from its mother.
Kentucky Derby winner Big Brown suffers career-ending injury
(AP)
Mon, 13 Oct 2008 19:33:40 GMT
AP - Kentucky Derby and Preakness winner Big Brown's racing career is over after injuring his right front foot during a workout at Aqueduct on Monday. Michael Iavarone, of IEAH Stables, co-owners of Big Brown, said the 3-year-old colt tore a three-inch piece of flesh off the foot after it collided with his right rear foot while working over the turf course at Aqueduct with stablemate Kip Deville.
Columnist Paul Krugman wins Nobel economics prize
(AP)
Mon, 13 Oct 2008 16:43:08 GMT
AP - Paul Krugman, the Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect international trade patterns.
Pediatricians double vitamin D recommendations for children
(AP)
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.
EU tells music lovers to turn down MP3 players
(AP)
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.
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