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Trichet Wants ECB Decision on Italy - Source

The European Central Bank will decide whether to buy Italian government bonds to try to stem the euro zone's debt crisis from widening in a crucial conference call on Sunday evening (one p.m. EDT), ECB sources said.

Casual Smoking on the Rise Among US Teens

Text Services to Help Teens Quit Smoking
Research shows that casual and occasional smoking is on the rise among U.S. high school students. While heavy smoking is down among teens nationwide, casual smoking rates are on the rise.
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S.Korea Says Don't Panic After U.S. Rating Cut

South Korean policymakers on Sunday played down any likely impact on the economy following the downgrade in U.S. credit ratings and told local investors not to panic when financial markets reopen.
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French AAA rating stable: S&P

France's AAA rating is stable, ratings agency Standard and Poor's chief European economist Jean-Michel Six told France Inter radio on Sunday.
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Dollar Expected to Weaken on S&P Move

The S&P cut in the U.S. long-term credit rating to AA-plus is an unprecedented blow. It called the outlook "negative," signaling another downgrade is possible in the next 12 to 18 months. The U.S. dollar may weaken and Treasury yields rise when Asian markets reopen on Monday.
President Barack Obama speaks in a prime-time address to the nation from the East Room of the White House in Washington

S&P Justifies US Downgrade, Says More Action Could Follow

Rating agency standard & Poor's has staunchly defended the decision to downgrade the creditworthiness of the U.S. government and warned that further action was possible. "The debacle over the debt ceiling continued until almost the midnight hour," S&P's Sovereign Ratings Committee Chairman John Chambers said.
Safety First on Brand Name Statin Switch To OTC

OTC Statins: How Safe is it to Swallow the Pill?

Recent industry buzz on Pfizer's alleged strategy to sell its cholesterol reducer-blockbuster drug, Lipitor as an over-the-counter pill, reinforces debate on the safe compliance of prescription drugs when sold as OTC's.
For Discussion: The American Dream

S&P Downgrades U.S. Credit Rating - How Will It Affect Your Stocks, Bonds?

S&P?s stunning and controversial downgrade Friday in part reflected the firm?s assumptions about the U.S. political system?s ability to solve its problems. Others hold a more optimistic view, as Winston Churchill did. Churchill said, ?In the end, you can count on America to do the right thing - after she?s exhausted all other possibilities.?
U.S. Chinook helicopters leave after a security handover ceremony in Panjshir province

Tennessee Navy SEAL Killed in NATO Helicopter Attack

Aaron Carson Vaughn, a navy SEAL from Tennessee, died in the helicopter crash in Afghanistan on Saturday, family members confirmed. Aaron Vaughn's family member told News Channel 3 that he was among 38 people who perished in a Taliban attack on a NATO Chinook troop transport helicopter over eastern Afghanistan.
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White House adviser slams S&P after U.S. downgrade

A top White House economic adviser slammed Standard & Poor's on Saturday for having stuck with its decision to downgrade the U.S. credit rating despite having made a $2 trillion mistake in its fiscal projections.
Anonymous Hackers Target BART

AntiSec Hackers Get Revenge on Police by Releasing Law Enforcement Data

AntiSec, a group of online hackers, said it breached 10 gigabytes of sensitive data after gaining access to more than 70 U.S. law enforcement Web sites. The hackers who claimed to have gotten emails, credit card information among other sensitive information, is said to be retaliating against the arrests of alleged members accused of hacking into the CIA, Britain's Serious Organized Crimes Agency, or SOCA, and Sony.

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