Reuters - Wells Fargo & Co and Citigroup Inc agreed on Monday to a 44-hour truce in their fight over regional bank Wachovia Corp after a weekend of legal wrangling.
AP - A bus driver with a string of motor vehicle offenses and a history of substance abuse was arrested on suspicion of driving under the influence of drugs Monday after his casino-bound charter bus ran into a ditch, killing eight people.
AP - The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.
AP - Running short on time, John McCain has the most riding on the second presidential debate, though Barack Obama will be out of his scripted comfort zone in the town hall-style confrontation. It could be ugly if Monday's tussling is any indication.
AP - As Wall Street reeled and global markets plunged, President Bush on Monday said the U.S. economy is going to be "just fine" in the long run. But he cautioned that the massive rescue plan will take time to work.
AP - Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004.
AP - Republican vice presidential candidate Sarah Palin expanded her attack on Democrat Barack Obama's character Monday to include his relationship with an incendiary former pastor as well as his ties to 1960s-era radical Bill Ayers.
AP - Behind in the polls, Republican John McCain on Monday called Democratic rival Barack Obama a liar as he leveled his harshest criticism yet, and said the campaign boils down to one basic question: Who is Obama really?
Reuters - Eli Lilly and Co has agreed to acquire ImClone Systems Inc for $6.5 billion, outbidding Bristol-Myers Squibb Co and potentially bringing to a close one of the most colorful corporate sagas in biotech history.
AP - An unemployed accounting industry worker who was despondent over financial problems shot and killed his wife, three children, mother-in-law and then himself in an upscale home in a gated community, police said Monday.
