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Auto Industry Jitters Drive Down Stock Prices
Worry that the U.S. auto industry could collapse has added to recession jitters on Wall Street. The Dow Jones industrial average finished down nearly 430 points Wednesday, falling below the 8,000 mark — levels not seen since 2003.
Saudi Supertanker Hijacked By Somali Pirates
Somali pirates seized a supertanker carrying $100 million worth of Saudi oil Saturday. The ship — which is three times the size of an aircraft carrier — was nearly 500 miles off Africa's coast when it was hijacked in waters patrolled by foreign navies. Its 25 crew members are being held hostage.
Who Murdered China’s Emperor 100 Years Ago?
One hundred years ago Friday, a crime was committed behind the imposing oxblood-red walls of Beijing's Forbidden City: an emperor was murdered. But there was no proof — until now. New tests show that Guangxu Emperor ingested a fatal dose of arsenic. And historians say his own aunt was the mastermind behind his murder.
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In Lowering Cholesterol, How Low Do You Go?
This week's new study showing that a cholesterol-lowering statin drug can cut the risk of heart attack or stroke has opened up a debate over how aggressive doctors and patients should be when it comes to using statins — and who should take them.
Obama Looks To Harness Grass-Roots Support
When President-elect Barack Obama takes office in January, he'll have expanded majorities of Democrats in both houses of Congress — and the support of a big grass-roots movement. Millions of people helped him beat Sen. John McCain, and Obama must be as innovative in utilizing their power postelection as he was during the campaign.
Glenn Fine Praised As Model Inspector General
He has investigated waste, fraud and abuse — and a Justice Department scandal over political partisanship in hiring practices. That kind of investigation can make someone a bull's-eye for political arrows, but it hasn't happened with Fine.
Pope Meets With Muslim Scholars
Muslim and Catholic scholars have concluded an unprecedented three-day meeting at the Vatican, vowing to work together to combat violence and terrorism —especially when it is carried out in God's name. Pope Benedict called on both faiths to resolve past prejudices.
Foreign Bank To Issue Diamond-Inlaid Credit Card
The central Asian country of Kazakhstan recently had to bail out its biggest banks. Now one bank plans to issue a credit card called Diamond. This new MasterCard is inlaid with a diamond and has a credit limit of $50,000. The annual fee is $1,000 —though the cardholder gets a full-time personal manager.
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