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Democrats Urge Caution on Financial Legislation

Posted: 09/22/2008 - Leading congressional Democrats called Monday for a cautious, deliberative approach to stabilizing troubled financial markets as lawmakers confronted this vexing issue with an election-year recess drawing near.

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China's Food Safety Watchdog Boss Steps Down

Posted: 09/22/2008 - The head of China's product quality watchdog resigned Monday in the wake of the tainted baby formula scandal that has sickened nearly 53,000 infants, highlighting a breakdown in the country's food safety system only a year after a major overhaul.

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Russian Navy Ships Head To Maneuvers in Venezuela

Posted: 09/22/2008 - A Russian navy squadron set off for Venezuela Monday, an official said, in a deployment of Russian military power to the Western Hemisphere unprecedented since the Cold War.

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'Mad Men' And '30 Rock' Win Top Emmy Awards

Posted: 09/22/2008 - Millions watched "Mad Men" make history on ABC as basic cable's first show to win a best drama award at the 60th annual Primetime Emmy Awards. Way up the tuner on AMC, a tiny sliver of that audience watched the most recent "Mad Men."

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World Stocks Rise on Proposed US Bailout

Posted: 09/22/2008 - Global markets rose Monday after the U.S. government proposed a $700 billion plan to solve the world financial crisis by rescuing banks from billions of dollars in risky mortgage debt.

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Last Major Investment Banks Change Status

Posted: 09/22/2008 - The Federal Reserve said Sunday it had granted a request by the country's last two major investment banks — Goldman Sachs and Morgan Stanley — to change their status to bank holding companies.

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Administration And Fed Move To Deal With Crisis

Posted: 09/22/2008 - The Bush administration and the Federal Reserve are moving on multiple fronts in an effort to calm financial markets that have been roiled by the biggest upheavals on Wall Street since the Great Depression.

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Asia Stocks Extend Gains on Proposed US Bailout

Posted: 09/22/2008 - Asian markets rose Monday after the U.S. government proposed a US$700 billion plan to solve the world financial crisis by rescuing banks from billions of dollars in risky mortgage debt.

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Ford, Dow Execs to Announce National Summit in '09

Posted: 09/22/2008 - Amid the turmoil on Wall Street, leaders from two global companies hard hit by economic and industrial upheavals are expected to unveil plans Monday for a national convention being held next year to discuss the future of manufacturing, technology, energy and the environment.

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Oil Rises as Investors Mull US Bailout

Posted: 09/22/2008 - Oil prices rose Monday in Asia as investors grappled with the possible impact on crude demand of a $700 billion U.S. proposal to buy bad mortgage debt.

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'Mad Men' and `30 Rock' Win Top Emmy Awards

Posted: 09/22/2008 - Millions watched "Mad Men" make history on ABC as basic cable's first show to win a best drama award at the 60th annual Primetime Emmy Awards. Way up the tuner on AMC, a tiny sliver of that audience watched the most recent "Mad Men."

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McCain, Obama in tight race as debates loom

Posted: 09/21/2008 - Sens. Barack Obama and John McCain are virtually tied in some of the key battleground states that could decide the presidential election.

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Helicopter crashes into house, killing 2 aboard

Posted: 09/21/2008 - A helicopter crashed through a house and came to rest in flames across the street early Sunday in Kenosha, Wisconsin, killing the two people aboard but missing the home's five occupants, officials said.

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6 children in Arkansas custody after raid on compound

Posted: 09/21/2008 - Six minors have been temporarily placed in state custody as part of a child porn investigation after a raid on a ministry run by a man who says "consent is puberty" when it comes to sex, officials said Sunday.

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'John Adams' sets record

Posted: 09/21/2008 - "John Adams" set an Emmy record Sunday night, with 13 wins overall -- eight Creative Arts awards and five on the prime-time presentation, including outstanding miniseries.

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At The Emmys, The Joke's Often on the Emmy

Posted: 09/21/2008 - Heard at the 60th annual Primetime Emmy Awards: "We are like on Sarah Palin's bridge to nowhere, that's where we are right now. The government can't even bail us out of this. We have nothing."

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Yankee Stadium Going, Going, Gone After 85 Years

Posted: 09/21/2008 - Even Yogi Berra knew this was the end. As baseball said farewell to Yankee Stadium, one of the game's most beloved players stood beneath the stands in a full vintage uniform. Now 83, the man who coined the phrase "it ain't over till it's over" put his own stamp on the day. "I'm sorry to see it over, I'll tell you that," Berra said.

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Paulson Urges Quick Action on $700 Billion Bailout

Posted: 09/21/2008 - The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the "mother of all bailouts" — a $700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.

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With Olmert Gone, Clock Starts On Israel Coalition

Posted: 09/21/2008 - Israeli Foreign Minister Tzipi Livni wasted no time Sunday working to put together a new government, meeting with potential coalition partners even as outgoing Prime Minister Ehud Olmert formally resigned. Her ability to move fast in her first task could have far-reaching effects on Mideast peace talks.

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Pakistan Marriott Blast Shows Signs Of Al-Qaida

Posted: 09/21/2008 - Taliban militants based near the Afghan border and their al-Qaida allies are the most likely suspects behind a massive truck bombing at Islamabad's Marriott Hotel, officials and experts said Sunday. At least 53 died in the explosion, including two U.S. Defense Department employees and the Czech ambassador.

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