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Wall Street tumbles amid global sell-off
NEW YORK - Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief. The Dow Jones industrials skidded more than 400 points and fell below 10,000 for the first time in four years, while the credit markets remained under strain.
Congress hears Lehman sought millions for execs
WASHINGTON - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.
Palin criticizes Obama's ties to Wright, Ayers
CLEARWATER, Fla. - Republican vice presidential candidate Sarah Palin expanded her attack on Democrat Barack Obama's character Monday to include his relationship with an incendiary former pastor as well as his ties to 1960s-era radical Bill Ayers.
Official: Kashkari to be tapped to head bailout
WASHINGTON - An official says the administration has decided to pick a key Treasury Department official to be the interim head of its $700 billion rescue effort for financial institutions.
Bus driver in fatal California crash is arrested
WILLIAMS, Calif. - The driver of a casino-bound charter bus that crashed and killed eight people was arrested on suspicion of driving under the influence of drugs, the California Highway Patrol said Monday.
Cigarette suit first up in new court term Monday
WASHINGTON - The Supreme Court opened its new term Monday suggesting it would side with tobacco companies in their fight to block lawsuits over deceptive marketing of "light" cigarettes.
Ford feature will let parents set limits for teens
DETROIT - So you think junior is a little too lead-footed when he drives the family car? Starting next year, Ford Motor Co. will give you the power to do something about it.
3 share Nobel prize for work on AIDS and cancer
STOCKHOLM, Sweden - Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.
Miley Cyrus celebrates Sweet 16 at Disneyland
ANAHEIM, Calif. - Miley Cyrus' 16th birthday party was more boisterous than sweet. Cyrus celebrated the hallmark birthday at an over-the-top Disneyland celebration Sunday _ even though she doesn't actually turn 16 until Nov. 23. The theme park was closed for the supersized soiree, which included a four-song performance by the teen queen and a fireworks display above Sleeping Beauty Castle and 16 giant inflatable candles.
Both American League series play game 4 today
CHICAGO - The American League Division Series resume today with the Tampa Bay Rays playing the White Sox in Chicago and the Los Angeles Angels facing the Red Sox in Boston. Both are game 4 in the best-of-5 series with the Rays and Red Sox leading 2 games to 1. The National League Championship Series between the Los Angeles Dodgers and the Philadelphia Phillies begins on Thursday.