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In the News, September 15, 2008

Recession-like Trouble on Wall Street

Two giants on Wall Street have taken a major fall. Lehman Brothers says it's filing bankruptcy and Merrill Lynch will be sold to Bank of America. The changes will add to an all ready threatened U.S. financial reeling from woes at other major financial firms and mortgage financing titans Fannie Mae and Freddie Mac.

Train collision caused by Text Messaging Engineer.

Kitty Higgins of the National Transportation Safety Board says that investigators have been in touch with two teenagers who told a local television station that they had been exchanging text messages with the Metrolink train engineer before the impact. Federal investigators say they plan to obtain the cell phone records of two teenagers and the engineer of a commuter train to determine whether text messages played a part in a head-on collision that killed 25 people in the LA area.

The engineer, who has not been identified officially, was a subcontractor employed by another company and died in the crash.

Carlos Zambrano pitched the first no-hitter for the Chicago Cubs in 36 years, returning from a sore rotator cuff. The Cubs shut down the Houston Astros 5-0 in a game relocated because of Hurricane Ike.

"I guess I'm back!" Zambrano hollered.

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