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European, Asian markets rebound despite US losses European and Asian stock markets rebounded Friday as expectations of a recovery on Wall Street prompted investors to scoop up battered financial and energy shares.
Jury to decide fate of homicide defendant Jurors in the case of a 23-year-old man accused of the April 2006 killing of Atwater resident Jose Miranda are now deliberating, after closing arguments in the trial Thursday.
UK home repossessions up 12 pct in 3Q from 2Q Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market.
Wal-Mart gives to hospital fund The Mercy Medical Center Merced Foundation, charged with raising $5 million to help build a new hospital in North Merced, got a shot in the arm on Thursday with a donation from the Wal-Mart Foundation.
Honda to cut global output amid slowing demand Honda Motor Corp. said Friday it will cut production in Japan and Europe by 61,000 vehicles, as it continues to grapple with slowing global demand.
South Korean stocks rally despite Wall Street drop South Korea's benchmark stock index surged Friday, snapping an eight-day losing streak - its longest in more than five years - as investors bought financial and auto shares.
Jury convicts gang member for TV theft MERCED -- A man who tried to steal a television set from Wal-Mart and was tasered by police when he tried to flee was convicted by a jury of a felony on Thursday, according to the Merced County District Attorney's Office.
