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Gates Says U.S. Will Not Have Top Role in Libya

U.S. Secretary of Defense Robert Gates said on Sunday that the U.S. will not have the top role in military action Libya and is expecting that other nations in the coalition will take the lead, although the U.S. will continue to provide some military support.

Wall Street stocks rise on M&A optimism

U.S. stocks advanced more than 1 percent on Monday after AT&T said it would buy wireless rival T-Mobile, sparking expectations of more deal activity, while investors kept close watch on Japan's nuclear crisis.

Home sales dive, prices near 9-year low

Sales of previously owned U.S. homes plunged in February and prices hit their lowest level in nearly nine years, implying a housing market recovery was still a long way off.

Court lets stand Fed bailout records release

The Supreme Court let stand on Monday a ruling that the U.S. Federal Reserve must disclose details about its emergency lending programs to banks during the financial crisis in 2008.

TEPCO Says Fukushima Reactors Have Power

Tokyo Electric Power Company is reporting that as of 7 a.m. Eastern time power is available in the four damaged reactors at the Fukushima Daiichi nuclear power plant, which will help to stabilize the reactor cores and the spent fuel pools.

Apple approves anti-gay healing alternative iPhone app

Apple is once again in the center of the heated gay debate after it approved an iPhone app created by Christian group Exodus which has been designed to be a useful resource for men, women, parents, students, and ministry leaders.

Glencore top brass courts U.S. investors: sources

Glencore's top management, led by chief executive Ivan Glasenberg, is starting several days of meetings with big U.S. fund managers who could support its flotation, two people familiar with the matter said.

Oil rises as Western powers strike Libya

Oil prices rose by over $2 a barrel on Monday as a wave of U.N.-mandated airstrikes on Libya and proliferating unrest in the Middle East fanned concerns about oil supply from the region.

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