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NEW YORK - Washington Mutual Inc., ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of banking bosses ousted by their boards. Its shares sank almost 22 percent.

NEW YORK - Stocks mostly advanced Monday as investors put down bets that a recovery in the financial and housing sectors is in the offing following the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained more than 150 points but the technology-heavy Nasdaq composite index declined.

WASHINGTON - Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.

NEW YORK (Reuters) - Wall Street greeted the U.S. government's seizure of mortgage giants Fannie Mae and Freddie Mac with a sigh of relief on Monday, hoping it would provide some relief to ongoing crises in housing and credit markets.

Olympian Michael Phelps' record-setting performance in Beijing has led to multimillion-dollar endorsement deals, but his road to marketing gold was paved years before he swam a lap in China.

NEW YORK - Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide.

NEW YORK - The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect.

NEW YORK/PARIS (Reuters) - Aerospace groups braced for global disruption from a potentially lengthy strike at Boeing on Monday as one of the planemaker's biggest suppliers lost no time in cutting production and working hours.

Bach Khoa Internetwork Security, a security-research firm in Vietnam, claims to be the first to discover a critical vulnerability in Google's Chrome browser.

LONDON - World stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac — a move that could help bolster a shaky U.S. housing market and renew global investor confidence.

NEW YORK - Stocks mostly advanced Monday as investors put down bets that a recovery in the financial and housing sectors is in the offing following the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained more than 150 points but the technology-heavy Nasdaq composite index declined.

NEW YORK (Reuters) - Wall Street greeted the U.S. government's seizure of mortgage giants Fannie Mae and Freddie Mac with a sigh of relief on Monday, hoping it would provide some relief to ongoing crises in housing and credit markets.

WASHINGTON - Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.

Olympian Michael Phelps' record-setting performance in Beijing has led to multimillion-dollar endorsement deals, but his road to marketing gold was paved years before he swam a lap in China.

CHICAGO (Reuters) - UAL Corp , parent of United Airlines, said on Monday that a Chicago Tribune story, apparently published in error, claiming UAL had gone into bankruptcy was untrue.

NEW YORK - Oil prices slipped Monday as Hurricane Ike weakened over Cuba and the U.S. dollar strengthened.

NEW YORK - Washington Mutual Inc., ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of banking bosses ousted by their boards. Its shares sank almost 22 percent.

Bach Khoa Internetwork Security, a security-research firm in Vietnam, claims to be the first to discover a critical vulnerability in Google's Chrome browser.

NEW YORK (Reuters) - The Dow and S&P rose on Monday on hopes a government takeover of U.S. mortgage finance giants Fannie Mae and Freddie Mac will aid the housing market and stabilize credit markets.

NEW YORK - The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect.

Dell has taken the wraps off a new mini-notebook PC squarely aimed at U.S. consumers. Called the Inspiron Mini 9, the PC maker's first offering in the so-called netbook category sports an 8.9-inch LED screen with a resolution of 1024x600 pixels.

WASHINGTON - Mortgage giants Fannie Mae and Freddie Mac — despite their robust cadre of economists and mortgage experts — failed to heed warnings that the most dramatic housing bubble in U.S. history would burst.

WASHINGTON - Regulators on Friday shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development.

NEW YORK (Reuters) - Home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the Mortgage Bankers Association said on Friday.

TRAVERSE CITY, Mich. - Substandard science has hurt a federal agency's seven-year effort to document possible links between industrial pollution and health problems in the Great Lakes region, an independent review panel said Friday.

WASHINGTON - The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments.

WASHINGTON (Reuters) - An unexpectedly steep 84,000 U.S. jobs were lost in August and the national unemployment rate hit a five-year high of 6.1 percent, fanning worry ahead of November's presidential vote about rising recession risks.

NEW YORK - Oil prices slipped Monday as Hurricane Ike weakened over Cuba and the U.S. dollar strengthened.

NEW YORK (Reuters) - Maurice "Hank" Greenberg, the former CEO of American International Group Inc , could face a fine of up to $100 million to settle three-year-old civil fraud charges brought by New York's attorney general, according to business news channel CNBC on Friday.

WASHINGTON - Troubled by the Bear Stearns debacle, former Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden collapse could wreak havoc on the country's economic and financial stability.