May 25, 2013

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Riverfront Authority Accepts Masterplan

The Topeka-Shawnee County Riverfront Authority has taken major steps in developing it's community. In a meeting Monday morning, the Authority accepted a final masterplan for the Riverfront.

House Defeats $700B Financial Markets Bailout

The House votes 228-205 to reject a $700 billion financial rescue plan. Stocks started plummeting on Wall Street even before the vote was announced. Rep. Boyda joined her two Republican Kansas Representatives in voting "No"

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Former Kansas Corporation Commission Chairman Dies

Former KCC Chairman Brian Moline died Monday. He suffered a massive stroke last week. Moline was also a former lawmaker from Wichita. As a lawyer, he founded Kansas Legal Services, which provided legal aid to the poor.

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Police Release Names of Salina Shooting Victims

Salina Deputy Police Chief Carson Mansfield says that 22-year-old Ernest Jones Jr. and 22-year-old Taryn Dechant were killed in an apartment they shared. Their bodies were found Friday morning.

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Adviser Mission to Leave Fort Riley

A mission at Fort Riley that trains advisers sent to Iraq and Afghanistan is being reassigned to Fort Polk, La., home of the Joint Readiness Training Center.

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China's First Spacewalk Team Feted With Parade

Three Chinese astronauts arrived Monday in Beijing to a homecoming parade after completing China's first spacewalk and putting the country closer to building a space station and landing a man on the moon.

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Citigroup to buy Wachovia banking operations

In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a deal facilitated by the Federal Deposit Insurance Corp

Stocks fall sharply ahead of bailout vote

Financial markets endured another difficult start Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors examined a deal for Wachovia Corp. The Dow Jones industrial average fell more than 300 points, while demand for safe-haven buying in government debt remained high ahead of the vote.

Bush confident bailout bill will stabilize economy

Key supporters of a Wall Street bailout package prodded lawmakers to approve the plan hours ahead of a difficult House vote on Monday, with President Bush saying it is needed to "keep the crisis in our financial system from spreading throughout our economy."

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