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This edition was generated on Mon Sep 22 08:45:02 EDT 2008
WASHINGTON - Leading congressional Democrats called Monday for a cautious, deliberative approach to stabilizing troubled financial markets as lawmakers confronted this vexing issue with an election-year recess drawing near.
TOKYO - Brash conservative Taro Aso easily won the presidency of Japan's struggling ruling party Monday, virtually ensuring his election as prime minister later this week amid political and economic turmoil.
ISLAMABAD, Pakistan - Pakistan's top leaders were to dine at the Marriott hotel that was devastated by a truck bombing over the weekend, but changed the venue at the last minute, a senior government official said Monday.
NEW YORK - Just as vinyl once gave way to compact discs as the main physical medium for music, could CDs be replaced now by a fingernail-sized memory card?
LOS ANGELES - Millions watched "Mad Men" make history on ABC as basic cable's first show to win a best drama award at the 60th annual Primetime Emmy Awards. Way up the tuner on AMC, a tiny sliver of that audience watched the most recent "Mad Men."
NEW YORK - Derek Jeter climbed the mound, surrounded by his teammates, and began the final farewell. Microphone in hand, the New York captain addressed the 54,610 fans who came to say so long to Yankee Stadium, his words booming around the old ballpark where the voices of Lou Gehrig, Babe Ruth, Joe DiMaggio and Mickey Mantle had echoed years before.
NEW YORK/WASHINGTON (Reuters) - Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that has destroyed their rivals as Wall Street braced for a week of political wrangling over a proposed $700 billion bailout for troubled banks.
WASHINGTON (Reuters) - The JetBlue terminal at New York's John F. Kennedy International Airport was evacuated on Monday because of a suspicious device, Fox News reported.
NEW YORK (Reuters) - Stock index futures fell on Monday as investors awaited details on Washington's planned $700 billion bailout to stem financial sector turmoil.
BEIJING (Reuters) - The number of Chinese infants sick in hospital after drinking tainted milk formula doubled to nearly 13,000 and the country's top quality regulator resigned on Monday in the latest blight on the "made-in-China" brand.
TOKYO (Reuters) - Outspoken nationalist Taro Aso, an advocate of spending and tax cuts to boost the economy, won the race on Monday to become Japan's next prime minister and swiftly set his sights on an election expected within months.
TOKYO/HONG KONG (Reuters) - Japan's Nomura Holdings has reached a deal to buy the Asian operations of Lehman Brothers, a source said on Monday, outbidding other banks seeking to scoop up Lehman's Asia group on the cheap.
PARIS (Reuters) - Group of Seven nations welcomed the $700 billion U.S. markets bailout plan on Monday but there was no sign that other governments saw any need to follow Washington in setting up rescue packages of their own.
ISLAMABAD (Reuters) - Gunmen kidnapped an Afghan diplomat in the Pakistani city of Peshawar on Monday, police said, underscoring worsening security in the nuclear-armed country two days after a suicide bomber killed 53 people.
CAIRO (AFP) - Masked bandits have kidnapped a group of foreign tourists, including Germans, Italians and a Romanian, in a remote desert in southwestern Egypt, officials said on Monday.
BEIJING (AFP) - China's tainted milk scandal spiralled into uncharted territory Monday as authorities said nearly 53,000 children had been sickened and more countries moved to ban or recall Chinese dairy imports.
CAPE TOWN (AFP) - South Africa's ruling ANC on Monday named its deputy president Kgalema Motlanthe as head of state after Thabo Mbeki bowed to pressure and announced his resignation, a spokesman told AFP.
TOKYO (AFP) - Japan's ruling party on Monday picked brash conservative Taro Aso to be prime minister as it gears up for early elections, tasking him with steering Asia's largest economy away from recession.
ISLAMABAD (AFP) - Pakistani investigators Monday scrambled to track down an Islamabad-based Al-Qaeda cell believed to have carried out the devastating bombing of the Marriott Hotel, security officials said.
NEW YORK (AFP) - Goldman Sachs and Morgan Stanley brought down the curtain on a Wall Street era Sunday, agreeing to a radical revamp that completes the biggest overhaul in high finance since the Great Depression.
LONDON (AFP) - European stock markets steadied on Monday, after earlier gains in Asia, as investors hoped that the massive US rescue plan to relieve the financial system of toxic debt would end the global crisis.
SYDNEY (AFP) - An Australian man known around the world for giving free hugs to anyone who asks, is planning to go one step further by donating one of his kidneys to a stranger, a report said Sunday.
With yesterday's study linking bisphenol A--a chemical in hard plastics and the linings of food and beverage cans--to diabetes and heart disease, you may be wondering what you can do to minimize your exposure. The Environmental Working Group last year conducted an analysis of BPA in various canned foods and found the amount varies widely depending on the food. Condensed milk, for instance, has relatively little BPA, while infant formula has a lot more--about one fifth the safe dose limit set by the Food and Drug Administration. Of course, the potential risk also depends on how much you ...
ISLAMABAD (Reuters) - A suicide bomb attack that killed 53 people at the Marriott Hotel in Pakistan's capital bore the hallmarks of an operation by al Qaeda or an affiliate, Pakistani and U.S. intelligence officials said on Sunday.
NEW YORK - After all those championships in this celebrated place, all those unforgettable moments, the New York Yankees weren't about to be knocked out of the playoff race on a night like this.
WASHINGTON - Leading congressional Democrats called Monday for a cautious, deliberative approach to stabilizing troubled financial markets as lawmakers confronted this vexing issue with an election-year recess drawing near.