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• World markets plunge on fears of growing crisis
Shares of Ping An Insurance Co. rose even after it said Monday it will record a $2.3 billion loss on its stake in European bank Fortis in the biggest blow yet to a Chinese institution from the global credit crisis. Ping An’s shares rose 0.4 percent ...
• EBay to cut 1,600 jobs, buy Bill Me Later
In the second quarter, eBay’s count of “active users” rose just 1.4 percent. Already this year, eBay has altered the fees that vendors pay, its search results and its feedback system in an effort to improve the experience for buyers and keep ...
• Paralyzed woman breaks ties with MADD
NAMPA, Idaho - Rose Harn peers out at the world with one working eye, her arms curled tightly against her shriveled body. A rag under her chin catches her drool. In the two decades since Harn was left brain-damaged and paralyzed by a 16-year-old ...
• Dow dips below 10,000, a first since Oct. 2004
Shares of Wells Fargo rose 67 cents, or 2 percent, to $33.77, while Citi fell $1.71 cents, or 9.3 percent, to $16.68. Wachovia fell 18 cents, or 2.9 percent, to $6.03. Eli Lilly & Co. said its board approved an acquisition of ImClone Systems Inc. for ...
• Stunning day for Dow: Closes up more than 450
One day after the biggest point drop in its history, the Dow Jones industrial average rose 485 points, or more than 4.5 percent — the latest in a string of extraordinarily volatile days in the stock market. It was the third-biggest point gain in ...