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Homeowners who modified loans are in trouble again

Posted: 12/08/2008 - WASHINGTON (AP) -- More than half of all homeowners who had their loans modified to make the payments more affordable in the first half of the year are already in default again, banking regulators said Monday.

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9/11 suspects delay pleas pending mental hearings

Posted: 12/08/2008 - GUANTANAMO BAY NAVAL BASE, Cuba (AP) -- Three alleged 9/11 plotters who say they want to make confessions at their war-crimes trial have postponed entering pleas until the military determines their co-defendants are mentally competent.

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Pakistan arrests suspected Mumbai plotter

Posted: 12/08/2008 - ISLAMABAD, Pakistan (AP) -- Security forces overran a militant camp on the outskirts of Pakistani Kashmir's main city and seized an alleged mastermind of the attacks that shook India's financial capital last month, two officials said Monday.

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US: Blackwater used grenades on unarmed Iraqis

Posted: 12/08/2008 - WASHINGTON (AP) -- Blackwater Worldwide security guards opened machine gun fire on innocent, surrendering Iraqis and launched a grenade into a girls' school during a gruesome Baghdad shooting last year, prosecutors said Monday in announcing manslaughter charges against five guards.

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White House says auto deal is 'very likely'

Posted: 12/08/2008 - WASHINGTON (AP) -- The White House and a top Democratic lawmaker said they were likely to reach agreement Monday to help failing U.S. automakers, as congressional drafters put the finishing touches on a bill.

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KU's Hemmenway Steps Down as Chancellor

Updated: 12/08/2008 - After 14 years as chancellor at the University of Kansas, Robert E. Hemenway is retiring next year to teach and write.

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Walgreen's Recalls Teddy Bears with Chocolate Bars

Posted: 12/08/2008 - 13 News is On Your Side with details of a product recall from Walgreens. The drug chain is recalling 173 teddy bears with chocolate bars sold in stores since late September 2008.

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Blackwater Drama Unfolds on 2 Cross-Country Stages

Posted: 12/08/2008 - The legal drama surrounding five Blackwater Worldwide security contractors charged with killing Iraqi civilians was unfolding Monday on two stages thousands of miles apart.

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Wall Street Opens Sharply Higher

Updated: 12/08/2008 - Wall Street is sharply higher in early trading as investors are optimistic that President-elect Barack Obama's infrastructure-spending package will help boost the crippled economy.

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Pakistan Arrests Suspected Mumbai Plotter

Posted: 12/08/2008 - Security forces overran a militant camp on the outskirts of Pakistani Kashmir's main city and seized an alleged mastermind of the attacks that shook India's financial capital last month, two officials said Monday.

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Blackwater Drama Unfolds on 2 Cross-country Stages

Posted: 12/08/2008 - The legal drama surrounding five Blackwater Worldwide security contractors charged with killing Iraqi civilians was unfolding Monday on two stages thousands of miles apart.

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McDonald's Same-store Sales Jump in November

Posted: 12/08/2008 - Consumers hungry for a deal boosted worldwide sales at McDonald's Corp.'s established locations by 7.7% in November, the fast-food leader said Monday.

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Dow Chemical to Slash 5,000 Jobs, Close 20 Plants

Posted: 12/08/2008 - Dow Chemical Co. said Monday it will slash 5,000 full-time jobs — about 11 percent of its total work force — close 20 plants and sell several businesses to reign in costs amid the economic recession.

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Couple Says No Secret to 75 Year Marriage

Posted: 12/08/2008 - John and Edna Chapel celebrated their 75th wedding anniversary December 6, 2008. The two say staying together for them was as simple as loving one another and just getting along all these years.

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Israel To Delay Palestinian Prisoner Release

Posted: 12/08/2008 - Israeli officials said Monday they would delay the release of 250 Palestinian prisoners until next week because of a request by Palestinian officials.

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Japan: Chinese Ships Entered Disputed Waters

Posted: 12/08/2008 - Two Chinese survey ships intruded on Japanese waters surrounding disputed islands in the East China Sea on Monday but retreated several hours after Tokyo protested to Beijing, Japanese officials said.

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More Rioting Breaks Out In Greek Cities

Posted: 12/08/2008 - Riot police fired tear gas at youths smashing storefronts and throwing rocks at a police station in this Greek port city on Monday, one of scattered confrontations around the country on a third day of rioting sparked by the fatal police shooting of a teenager in Athens.

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Wall Street Looks for Upbeat Open

Posted: 12/08/2008 - Wall Street was set for an upbeat start on Monday, with investors enthusiastic that President-elect Obama's plan to launch the largest infrastructure-spending package since the 1950s will help boost the crippled economy.

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Obama Warns Economy to Worsen Before it Improves

Posted: 12/08/2008 - President-elect Barack Obama wants to make something very clear: The economy is not going to immediately recover when he takes his oath of office, but he has a plan to get the country moving.

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Progress made in Bailout Plan for Big 3 Automakers

Updated: 12/08/2008 - A bailout plan for the failing U.S. auto industry could include a Cabinet-level oversight board and a provision to withdraw the money if the overseers decide the companies are failing to take steps to overhaul themselves.

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World Markets Surge on Global Stimulus Hopes

Posted: 12/08/2008 - European and Asian stock markets surged Monday after Wall Street's rebound on Friday as investors took heart from new plans to bolster growth around the world.

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Native Hunters: Climate Is Thinning Caribou Herds

Posted: 12/08/2008 - Chief Bill Erasmus of the Dene nation in northern Canada brought a stark warning about the climate crisis: The once abundant herds of caribou are dwindling, rivers are running lower and the ice is too thin to hunt on.

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Oil Bounces off 4-year Lows to Above $43 a Barrel

Posted: 12/08/2008 - Oil prices bounced off four-year lows to above $43 a barrel Monday as OPEC's president suggested the group could surprise investors with a large production cut later this month.

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Streisand, President Bush Share Awkward Smooch

Posted: 12/08/2008 - Barbra Streisand got an awkward kiss on the cheek from the president, and yes, she gave him a smooch back. Streisand, a vocal critic of President George W. Bush, was a guest Sunday at the White House just before one of Washington's few A-list events: the Kennedy Center Honors.

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