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This edition was generated on Mon Sep 15 08:45:01 EDT 2008
NEW YORK - U.S. stocks headed for a sharply lower open and Treasury bond prices soared Monday as investors reacted to a stunning reshaping of the landscape of Wall Street. A series of events took out two storied names Sunday: Lehman Brothers Holdings Inc. and Merrill Lynch & Co.
WASHINGTON - Far too many Americans are dying of dangerous blood clots that can masquerade as simple leg pain, says a major new government effort to get both patients and their doctors to recognize the emergency in time.
LOS ANGELES - Joel and Ethan Coen scored their biggest opener to date by raking in $19.4 million in ticket sales for "Burn After Reading" and helping end a seven-week attendance slide at theaters, according to studio estimates Sunday.
PHOENIX - "Man's best friend" doesn't go far enough for Buddy a German shepherd who remembered his training and saved his owner's life by calling 911 when the man had a seizure.
MILWAUKEE - Carlos Zambrano pitched the first no-hitter for the Chicago Cubs in 36 years, returning from a sore rotator cuff to shut down the Houston Astros 5-0 Sunday night in a game relocated because of Hurricane Ike.
NEW YORK - When Wall Street woke up Monday morning, two more of its storied firms had fallen.
NEW YORK (Reuters) - Global markets plummeted on Monday after investment bank Lehman Brothers filed for bankruptcy protection, rival Merrill Lynch agreed to be taken over and the Federal Reserve threw a life line to the battered financial industry.
HOUSTON (Reuters) - A huge relief effort was accelerating in storm-struck Texas on Monday as the big oil center of Houston struggled to get back to business after it was battered by Hurricane Ike.
WASHINGTON/NEW YORK (Reuters) - Bank of America Corp said it agreed to buy Merrill Lynch & Co Inc in an all-stock deal worth $50 billion, snagging the world's largest retail brokerage after one of the worst-ever weekends on Wall Street.
ISLAMABAD (Reuters) - Firing by Pakistani troops forced two U.S. military helicopters to turn back to Afghanistan after they crossed into Pakistani territory early on Monday, Pakistani security officials said.
BAGHDAD (Reuters) - The new U.S. military commander in Iraq must find ways to keep improving security while American troop levels are falling, Defense Secretary Robert Gates said on Monday as two Baghdad bombings underlined the scale of the task.
HARARE (Reuters) - Zimbabwe's President Robert Mugabe signed a power-sharing agreement with opposition rival Morgan Tsvangirai on Monday, relinquishing some of his powers for the first time in nearly three decades of iron rule.
NEW YORK (Reuters) - Insurer American International Group Inc , working to stave off rating downgrades and shore up the capital of its holding company, has made an unprecedented approach to the Federal Reserve seeking $40 billion in short-term financing, the New York Times said.
VIENNA (Reuters) - A U.N. inquiry into intelligence allegations of secret atom bomb research in Iran has reached a standstill because of Iranian non-cooperation, an International Atomic Energy Agency report said on Monday.
NEW YORK, Sept 15, 2008 (AFP) - Lehman Brothers declared itself bankrupt Monday and Wall Street rival Merrill Lynch had to be taken over in a new financial earthquake that sent global markets into a slump and panicked central banks.
HARARE (AFP) - Zimbabwe's leaders signed a historic deal Monday that will see President Robert Mugabe share power with his arch-rival in a bid to resolve a ruinous political crisis in a country in economic meltdown.
PESHAWAR, Pakistan (AFP) - US-led coalition troops based in Afghanistan tried to cross into a Pakistani tribal area in helicopters but were repelled after warning shots were fired, local officials said Monday.
TBILISI (AFP) - NATO Secretary General Jaap de Hoop Scheffer arrived here on Monday to show support after last month's conflict with Russia and discuss the country's NATO membership bid.
NEW DELHI (AFP) - Indian police planned to release sketches Monday of suspects behind New Delhi bombings that left more than 20 dead, as media flayed the government for lacking a coherent counter-terrorism policy.
WASHINGTON, (AFP) - Bank of America has agreed to buy investment bank Merrill Lynch for 50 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early Monday.
LONDON (AFP) - Europe's leading stock markets dived more than five percent on Monday on concerns over the battered world economy as Wall Street giant Lehman Brothers filed for bankruptcy.
NEW YORK/WASHINGTON (Reuters) - The ruptured U.S. financial system was facing an unprecedented shakeup on Sunday that could lead to the failure of Lehman Brothers, the takeover of Merrill Lynch & Co Inc and big asset sales by big insurer American International Group.
NEW YORK (Reuters) - The Bush administration is pushing through a wide range of foreign weapons deals in a bid to rearm Iraq and Afghanistan and contain North Korea and Iran, The New York Times reported.
LA PAZ (Reuters) - Bolivia's government and a main opposition leader voiced hope for reconciliation on Saturday after overnight talks to end a wave of political violence that killed at least 17 people and prompted martial law.
NEW YORK (Reuters Life!) - Taller people are happier on average than shorter people, with each extra inch in height giving as much satisfaction as a four percent increase in income, according to a U.S. study.
LOURDES, France (Reuters) - Pope Benedict prayed on Saturday at the site where the Virgin Mary is said to have appeared to a French peasant girl 150 years ago, and asked the world not to forget the victims of terrorism and hatred.
MILWAUKEE - Carlos Zambrano pitched the first no-hitter for the Chicago Cubs in 36 years, returning from a sore rotator cuff to shut down the Houston Astros 5-0 Sunday night in a game relocated because of Hurricane Ike.
NEW YORK - When Wall Street woke up Monday morning, two more of its storied firms had fallen.