U.S. Top News Late Edition: Stocks up as U.S. and Europe eye stimulus

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Good evening Srini, MON 20 Oct 2008  today's headlines Stocks up as U.S. and Europe eye stimulus Obama to leave trail and visit sick grandmother Merrill to cut 500 trading jobs: report Bernanke warms to 2nd stimulus plan At least five Chase banks hit with letter threats U.N. says crisis to cost 20 million jobs U.S. manufacturer recalls 1.59 million cribs Troops deal seen unlikely before U.S. vote Trial starts for U.S. Army base "holy war" plot Obama hits McCain for "say-anything" politics   today's videos Obama rakes $150 mln in September Bernanke backs new stimulus Bolivia's 124 mile protest more details Stocks up as U.S. and Europe eye stimulus October 20, 2008 10:31 PM ET WASHINGTON (Reuters) - Credit markets showed signs of thawing and Federal Reserve Chairman Ben Bernanke backed more government spending on Monday, prompting renewed hope that the worst of the financial crisis may be over. Full Article Obama to leave trail and visit sick grandmother October 20, 2008 10:18 PM ET WEST PALM BEACH, Florida (Reuters) - Democratic presidential candidate Barack Obama will leave the campaign trail to go to Hawaii this week to visit the ailing grandmother who helped raise him, an aide said on Monday. Full Article Merrill to cut 500 trading jobs: report October 20, 2008 06:12 PM ET NEW YORK (Reuters) - Merrill Lynch & Co Inc, which last month accepted a takeover offer from Bank of America Corp, is set to cut about 500 jobs in its trading divisions, Bloomberg News reported on Monday, citing unidentified sources. Full Article Bernanke warms to 2nd stimulus plan October 20, 2008 06:57 PM ET WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke told Congress on Monday that another wave of government spending may be needed as the economy limps through what could be an extended period of subpar growth. Full Article At least five Chase banks hit with letter threats October 20, 2008 08:20 PM ET DENVER (Reuters) - At least five branches of Chase bank in Colorado and Oklahoma received threatening letters on Monday, some containing an unidentified white powder. Full Article U.N. says crisis to cost 20 million jobs October 20, 2008 07:01 PM ET GENEVA (Reuters) - Twenty million jobs will disappear by the end of next year as a result of the impact of the financial crisis on the global economy, a United Nations agency said on Monday. Full Article U.S. manufacturer recalls 1.59 million cribs October 20, 2008 10:14 PM ET NEW YORK (Reuters) - Delta Enterprises recalled almost 1.6 million cribs, made in China, Indonesia and Taiwan, on Monday after it said two babies died. Full Article Troops deal seen unlikely before U.S. vote October 20, 2008 06:53 PM ET BAGHDAD (Reuters) - A pact to allow U.S. troops to stay in Iraq for three more years is unlikely to win approval in Iraq's parliament before the U.S. presidential election on November 4, Iraqi Foreign Minister Hoshiyar Zebari said. Full Article Trial starts for U.S. Army base "holy war" plot October 20, 2008 05:04 PM ET CAMDEN, New Jersey (Reuters) - The trial of five men accused of plotting an armed attack on a New Jersey army base opened on Monday with a prosecutor saying they were inspired by al Qaeda and the idea of Islamic "holy war" against America. Full Article Obama hits McCain for "say-anything" politics October 20, 2008 08:40 PM ET ORLANDO, Florida (Reuters) - Democrat Barack Obama criticized Republican White House rival John McCain for a "say-anything, do-anything" political style on Monday during a two-day tour to kick off early voting in Florida. Full Article     REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Forward this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers