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This edition was generated on Mon Mar 17 08:45:02 EDT 2008
NEW YORK - With a deal finally struck, JPMorgan Chase & Co. will embark on the tough task of absorbing Bear Stearns Cos., once among its biggest rivals on Wall Street.
HOUSTON - Astronauts flexed the giant arms of the international space station's new robot for the first time, testing the brakes and maneuvering the appendages into position for a Monday night spacewalk.
BEIJING - Internet users in China were blocked from seeing YouTube.com on Sunday after dozens of videos about protests in Tibet appeared on the popular U.S. video Web site.
LONDON - Paul McCartney arrived at court Monday to learn how much of his fortune he must hand over to estranged wife Heather Mills. The rest of the world may have to wait a bit longer.
SACRAMENTO, Calif. - Millions of swarming honey bees are on the loose after a truck carrying crates of the insects flipped over on a California highway.
The inexact science of putting together the NCAA tournament bracket turned out to be pretty exact this time around. No big beefs with the top seeds North Carolina, Memphis, Kansas and UCLA.
NEW YORK (Reuters) - JPMorgan Chase & Co set a deal to buy stricken rival Bear Stearns for a rock-bottom price, while the U.S. Federal Reserve expanded lending to securities firms for the first time since the Great Depression to prop up the financial system.
BAGHDAD (Reuters) -Vice President Dick Cheney, an architect of the U.S-led invasion of Iraq, on Monday hailed "phenomenal changes" in Iraq on a visit to assess the success of a troop build-up five years after the war began.
LONDON (Reuters) - Global stocks fell sharply and the dollar tumbled on Monday as a fire sale of Bear Stearns and an emergency Federal Reserve cut of a key lending rate sparked fears that a worldwide credit crisis will claim more casualties.
LOMBARD, Illinois (Reuters) - The housing crisis and credit crunch may end the American dream of property ownership for millions of people, but for landlords seeking bargain investment properties the market is looking up.
NEW YORK (Reuters) - Barring some unexpected boardroom generosity by JPMorgan Chase & Co, executives at Bear Stearns Cos may find that their walking away money has been crunched by the credit crisis.
ISLAMABAD (Reuters) - Pakistani police carried out a dragnet following a bomb attack on Saturday night that killed a Turkish woman and wounded four FBI agents among several other people dining at a Italian restaurant in Islamabad.
MOSCOW (Reuters) - U.S. Secretary of State Condoleezza Rice said she hoped talks in Moscow on Monday would set a positive tone for relations with Russia's next president and ease differences over a planned missile defense shield.
VATICAN CITY (Reuters) - Pope Benedict has approved a conciliatory statement for Jews upset by a Good Friday prayer that many saw as a call for their conversion, Catholic and Jewish sources said on Monday.
BEIJING (AFP) - China on Monday warned Tibetans involved in anti-Chinese protests to quickly surrender, as it insisted it had not used deadly force in quelling the unrest and blamed rioters for murdering 13 people.
ISLAMABAD (AFP) - Pakistan's new parliament met for the first time on Monday, with opponents of US-backed President Pervez Musharraf vowing to end his "dictatorship" after trouncing his allies in elections.
KOSOVSKA MITROVICA (AFP) - UN police were forced to withdraw Monday from the Serbian half of this Kosovo town after coming under attack as they stormed a courthouse occupied by Serbs opposed to independence.
GENEVA (AFP) - Five years after the US-led invasion, Iraq faces a major humanitarian crisis, with law and order and economic recovery a distant prospect, international aid and human rights groups said Monday.
DUBLIN (AFP) - kHundreds of thousands of revellers throughout Ireland were gathering Monday for celebrations marking the annual Saint Patrick's Day national holiday.
WASHINGTON (AFP) - US banking titan JPMorgan Chase prepared Monday to take over the crisis-hit investment bank and brokerage Bear Stearns for around 236 million dollars as a credit crunch rocks Wall Street.
LONDON (AFP) - World equity markets dived on Monday as investors dumped both stocks and the dollar on fears more US banks could be vulnerable to the credit crisis that sank Bear Stearns.
WANA, Pakistan (Reuters) - Up to three missiles struck a house in a Pakistani region known as a safe haven for al Qaeda and Taliban militants on Sunday, killing 12 people including eight foreign militants, officials in the area said.
NEW YORK (Reuters) - JPMorgan Chase & Co said on Sunday it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at the centre of the credit crisis at about $236 million.
BEIJING (Reuters) - China said on Monday it had shown massive restraint in the face of violent protests by Tibetans, which it said were orchestrated by followers of the Dalai Lama to wreck the Beijing Olympics in August.
NEW YORK (Reuters) - A giant crane fell and crushed a residential building in Manhattan on Saturday, killing four construction workers and injuring more than 10 other people, New York Mayor Michael Bloomberg said.
LOMBARD, Illinois (Reuters) - The housing crisis and credit crunch may end the American dream of property ownership for millions of people, but for landlords seeking bargain investment properties the market is looking up.
The inexact science of putting together the NCAA tournament bracket turned out to be pretty exact this time around. No big beefs with the top seeds North Carolina, Memphis, Kansas and UCLA.
WASHINGTON - Worry about the damage a growing credit crisis is inflicting on an ailing U.S. economy led the Federal Reserve to make a rare weekend move, lowering a key lending rate before Wall Street opened Monday.