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Governments act to stem crisis, markets shaken 8:24am EDT

LONDON/BERLIN (Reuters) - More European governments followed Germany's lead on Monday offering guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years.  Full Article   |  Video

 
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Eli Lilly to buy ImClone for $6.5 billion 7:50am EDT 

BOSTON (Reuters) - ImClone Systems Inc has agreed to be acquired by Eli Lilly and Co for about $6.5 billion, after rejecting a sweetened bid from Bristol-Myers Squibb Co, the companies said on Monday.  Full Article 

Toxic milk alert hits South Korea

Oct 6 - Products tainted with melamine in Chinese dairy products are pulled off the shelves in South Korea.  Play Video

 

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