12:21pm ET, Wed 20 Aug 200814

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DJIA: 11357.67 9.12  |  NASDAQ: 2383.76 -0.60
 

Dozens dead in Madrid plane crash 12:16pm ET

MADRID (Reuters) - At least 45 people were killed when a Spanair jet crashed on takeoff and burst into flames at Madrid airport on Wednesday, the government said, but an emergency services source reported about 150 deaths.  Full Article | Video

 
Hyundai targets first U.S. hybrid for 2010 12:19pm ET

ANN ARBOR, Mich (Reuters) - Hyundai Motor Co expects to release its first hybrid in the U.S. market as early as 2010, featuring cutting-edge lithium-ion battery technology, an executive said on Wednesday.  Full Article 

Investing

MARKETS:
Techs, rebounding financials lift Wall St. 10:54am ET

NEW YORK (Reuters) - Stocks rose in choppy trading on Wednesday as investors snapped up shares of major technology companies after Hewlett-Packard reported a strong profit and outlook.  Full Article 

Travel Web sites to battle in Asia

U.S. Internet travel companies are preparing to slug it out for dominance in Asia, where economic growth and increasing Web usage make the region a tempting target.  Full Article 

New heights in market angst

It is something of a truism to say that investors are worried -- they nearly always are. But with the global asset rally close to its fifth year, a new level of angst is being reached in some quarters.  Full Article 

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Business

Fannie and Freddie shares hit 18-year low 11:50am ET

NEW YORK (Reuters) - Shares of Fannie Mae and Freddie Mac dove to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out shareholders of the two U.S. housing finance giants.  Full Article 

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Water-cooler romance

If it seems like more people are flirting around the water cooler at your office these days, it may not be your imagination. Four out of 10 workers admit to being involved with another colleague at some point, a survey showed.  Full Article 

News

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article