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Obama offers new proposals to help economy

Posted: 10/13/2008 - Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy, including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.

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Dow jumps 936 as governments pledge bank aid

Posted: 10/13/2008 - Wall Street stormed back from last week's devastating losses Monday, sending the Dow Jones industrials soaring a nearly inconceivable 936 points after major governments' plans to support the global banking system reassured distraught investors. All the major indexes rose more than 11 percent.

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Payless to Sell "Green'' Shoe Line

Posted: 10/13/2008 - Payless ShoeSource is going green as it plans to sell a line of ecologically friendly shoes and handbags.

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Gasoline Prices Plummet in Kansas

Posted: 10/13/2008 - In the shadow of the nation's economic meltdown, there is at least one bit of good news for Kansans: Gasoline prices are dropping to levels that haven't been seen in about a year and are well below the national average.

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Dow Jumps Over 900 as Gov'ts Pledge Bank Aid

Posted: 10/13/2008 - Wall Street stormed back from last week's devastating losses after major governments announced further steps to support the global banking system.

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Boil Order Issued in Pottawatomie County

Updated: 10/13/2008 - A boil order was issued Monday for Pottawatomie County Rural Water District Number Four. The Kansas Department of Health and Environment has issued a boil water advisory which pertains primarily to residents north of the city of Belvue.

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Sen. Clinton Praises Obama's Stance on Economy

Updated: 10/13/2008 - Clinton acknowledged in an interview on NBC's "Today" show Monday that she still has some disappointment over losing the fight for the party's nomination. But she also said that she's working hard to get Obama and Sen. Joe Biden elected.

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Paul Krugman Wins Nobel Economics Prize

Posted: 10/13/2008 - The Princeton University scholar and New York Times columnist won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.

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Car Rear-Ends Stopped Semi in Olathe, 2 Killed

Posted: 10/13/2008 - Police said 21-year-old Castin Ellis and her 20-year-old passenger Nikolas Musto were pronounced dead at the scene of the crash at 12:45 a.m. Monday. Both victims were Olathe residents.

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Winds Whip up Wildfire North of Los Angeles

Posted: 10/13/2008 - California highway officials say a 2,000-acre wildfire whipped by intense winds has forced the closure of a major Southern California freeway.

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Mitsubishi Closes $9B Investment in Morgan Stanley

Posted: 10/13/2008 - Morgan Stanley completed a deal Monday to receive a $9 billion investment from Japanese bank Mitsubishi UFJ Financial Group Inc., giving it a much-needed cash infusion.

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Dow Jumps 400 as Government Pledges Bank Aid

Posted: 10/13/2008 - The Dow Jones industrial average is up 424 at the 8,875 level in early trading today as Wall Street is snapping back from last week's devastating losses on growing hopes the stock market will finally find some footing.

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World Stocks Rally Strongly

Posted: 10/13/2008 - European markets rallied strongly Monday following Asia's lead in response to the widespread government efforts over the weekend to shore up the world's battered financial system.

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Stocks Set to Rebound After Rough Week

Posted: 10/13/2008 - Wall Street headed for a huge rebound Monday as investors, hoping that the stock market is finding some footing after eight sessions of devastating losses, sent stock futures indexes sharply higher.

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US Moves to Get $700B Bank Rescue Effort Started

Posted: 10/13/2008 - The Bush administration said Monday it is moving quickly to implement a $700 billion rescue program, including consulting with private law firms on how to buy ownership shares in banks to help thaw frozen lending and get the economy moving again.

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China Dairy Sued Over Infant's Toxic Milk Death

Posted: 10/13/2008 - The family of a baby whose death has been blamed on toxic milk filed suit against one of China's largest dairies Monday, while another dairy ensnared in the scandal said it was a victim of unscrupulous subcontractors.

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EU Tells Music Lovers To Turn Down MP3 Players

Posted: 10/13/2008 - The European Union told music lovers Monday to turn down the volume of MP3 players, saying they risk permanent hearing loss from listening too long at maximum levels.

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Pediatricians Double Vitamin D Recommendations

Posted: 10/13/2008 - The nation's leading pediatricians group says children from newborns to teens should get double the usually recommended amount of vitamin D because of evidence that it may help prevent serious diseases.

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