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2008-10-06 22:00:54 -
Bad connection caused atom smasher shutdown
(AP) (mostviewed) AP - A bad electrical connection likely caused the malfunction that sidelined the world's largest atom smasher days after it was launched with great fanfare, a senior scientist said Monday.
2008-10-06 22:00:53 -
Dow finishes below 10,000 for first time since '04
(AP) (mostviewed) AP - Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004.
2008-10-06 22:00:53 -
Debate stakes higher for McCain as insults mount
(AP) (mostviewed) AP - Running short on time, John McCain has the most riding on the second presidential debate, though Barack Obama will be out of his scripted comfort zone in the town hall-style confrontation. It could be ugly if Monday's tussling is any indication.
2008-10-06 20:01:41 -
Citigroup sues Wachovia, Wells Fargo for $60B
(AP) (mostviewed) AP - Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operations.
2008-10-06 18:01:19 -
Officials pledge to move quickly on rescue
(AP) (mostviewed) AP - The Treasury Department moved swiftly Monday to implement the financial rescue package, edging closer to naming who will oversee spending the $700 billion earmarked for the plan and pledging to work with other countries to calm global financial markets.
2008-10-06 16:03:41 -
Treasury and Fed pledge rapid response to crisis
(AP) (mostviewed) AP - The president's top economic advisers are pledging to work with their counterparts around the world to restore confidence and stability to financial markets roiled by tight credit and worries about a global economic slowdown .
2008-10-06 16:03:41 -
Congress opens hearings on financial meltdown
(AP) (mostviewed) AP - 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.
2008-10-06 14:01:47 -
Court term to hear tobacco, TV dirty words cases
(Reuters) (mostviewed) Reuters - Amid a presidential race that may decide its future direction, the Supreme Court begins a new term on Monday with cases about tobacco company lawsuits, protecting whales from Navy sonar and a government crackdown on dirty words on television.
2008-10-06 14:01:46 -
EBay to cut 1,000 jobs, will buy Bill Me Later
(AP) (mostviewed) AP - EBay Inc. said on Monday it will cut about 1,000 employees, reducing its work force by about 10 percent.
2008-10-06 13:01:22 -
European, Asian markets plunge on crisis fears
(AP) (mostviewed) AP - Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth. |
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