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Deadly Ike rakes Cuba, could hit Havana head-on
(AP)
Mon, 08 Sep 2008 12:28:01 GMT
AP - Hurricane Ike roared across Cuba on Monday, tearing off roofs and sending waves crashing into buildings, as 900,000 Cubans fled to shelters or higher ground and Havana residents in decaying historic buildings prepared for a direct hit.
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US stock futures surge on plan for mortgage giants
(AP)
Mon, 08 Sep 2008 12:12:15 GMT
AP - U.S. stock futures pointed to a huge rally Monday as investors rushed to lay bets on a broad economic recovery following the weekend announcement that the U.S. government plans to bail out mortgage lenders Fannie Mae and Freddie Mac. Stock futures jumped more than 1 percent.
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US government takes on big role in mortgage market
(AP)
Mon, 08 Sep 2008 12:12:44 GMT
AP - Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration announced Sunday it was seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.
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Jury selection to begin in OJ Simpson robbery case
(AP)
Mon, 08 Sep 2008 11:31:34 GMT
AP - Nearly a year after O.J. Simpson walked into a casino hotel room intent on reclaiming some sports memorobilia, lawyers in his robbery-kidnapping trial are finally set to begin picking a jury.
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MTV VMAs find few surprises as Britney steals show
(AP)
Mon, 08 Sep 2008 11:30:48 GMT
AP - LOS ANGELES — No Madonna kiss. No Michael Jackson cameo. No flying Howard Stern. Not even a Kanye tantrum. MTV has set a high standard for the unexpected at its Video Music Awards, but on the show's 25th anniversary, the network instead settled for throwing its full support behind Britney Spears' comeback. Spears won a leading three awards, including video of the year for "Piece of Me."
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Stephen Colbert to have his DNA sent into space
(AP)
Mon, 08 Sep 2008 11:29:51 GMT
AP - Should this world ever cease to exist, Stephen Colbert will live on. The comedian's DNA will be digitized and sent to the International Space Station, Comedy Central was to announce Monday. In October, video game designer Richard Garriott will travel to the station and deposit Colbert's genes for an "Immortality Drive."
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Algae-dyed polar bears puzzle Japan zoo visitors
(AP)
Mon, 08 Sep 2008 11:29:09 GMT
AP - Green polar bears are drawing questions from puzzled visitors at a Japanese zoo. Three normally white polar bears at Higashiyama Zoo and Botanical Gardens in central Japan changed their color in July after swimming in a pond with an overgrowth of algae.
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Tom Brady injures knee in Patriots' win
(AP)
Mon, 08 Sep 2008 11:27:04 GMT
AP - Tom Brady limped off the field in pain, and the New England Patriots can only hope their Super Bowl hopes didn't go with him. The NFL's reigning MVP left Sunday's 17-10 victory over Kansas City midway through the first quarter with an injured left knee after being hit on a throw. There was no immediate word on the extent of Brady's injury — "I am not sure what we are dealing with," coach Bill Belichick said — or how long he would be out.
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Hurricane Ike weakens to Category 2 over Cuba
(Reuters)
Mon, 08 Sep 2008 10:12:35 GMT
Reuters - Hurricane Ike weakened into a Category 2
storm on Monday after roaring ashore in northeastern Cuba, but
forecasters say it could regain intensity as it spins toward
the U.S. oil hub in the Gulf of Mexico and possibly New
Orleans.
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U.S. drones kill 16 in missile attack in Pakistan
(Reuters)
Mon, 08 Sep 2008 12:15:28 GMT
Reuters - Missiles fired by U.S.
drones killed 16 people, including Pakistani and Afghan Taliban
fighters, on Monday in a strike targeting a religious school
founded by an old friend of Osama bin Laden, intelligence
officials and Pakistani villagers said.
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McCain takes 4-point lead over Obama in poll
(Reuters)
Mon, 08 Sep 2008 12:26:30 GMT
Reuters - Republican John McCain
heads into the final stretch of the U.S. presidential campaign
with a 4-point lead over Democrat Barack Obama, a USA
Today/Gallup poll released on Sunday showed.
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Boeing strike impact to be felt globally
(Reuters)
Mon, 08 Sep 2008 11:13:26 GMT
Reuters - Aerospace groups dusted off
contingency plans on Monday for a potentially lengthy strike at
Boeing, whose workers halted production for a third day, while
shares in the parent of European rival Airbus got a sharp
boost.
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Freddie, Fannie plan protects taxpayers: Paulson
(Reuters)
Mon, 08 Sep 2008 09:38:15 GMT
Reuters - Treasury Secretary Henry Paulson said in
an interview with U.S. radio broadast on Monday that a plan to
take control of Freddie Mac and Fannie Mae had
been structured in a way to protect U.S. taxpayers.
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World stocks soar on US mortgage bailout
(AFP)
Mon, 08 Sep 2008 11:05:30 GMT
AFP - European and Asian stock markets surged Monday after the US government grabbed control of ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a world financial crisis, dealers said.
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