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| STOCK MARKET |
| NASDAQ |
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-15.07 |
| DOW |
9908.39 |
-103.84 |
| S & P 500 |
1066.18 |
-0.01 |
| Harris Corp. |
44.25 |
-0.48 |
| Lockheed Martin |
74.53 |
-1.19 |
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| BUSINESS HEADLINES |
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Fed's Dudley: Financial reform needs global scope
(Reuters)
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Reuters - A revamp of the financial system needs to be global in nature to prevent a repeat of the worst financial crisis in some 70 years, a top Federal Reserve policy maker said on Monday.
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Economy - Monday
(Investor's Business Daily)
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Investor's Business Daily - The Treasury will auction $81 bil of notes and bonds in its quarterly refunding this week, the same as in the prior auction. Gov't officials said they've already raised enough to fund a budget deficit set to expand 14% this year. The Treasury's decision to stop increasing the size of its debt auctions could moderate the rise in bond yields, bolstering the economy as the Federal Reserve removes emergency stimulus. The narrower yield curve may cap mortgage rates as the Fed's $1.25 tril in mortgage-bond purchases is set to expire on March 31.
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Ex-Boeing engineer gets 15 years in spy case
(Reuters)
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Reuters - An ex-Boeing Co engineer, found guilty last year of passing space shuttle secrets to China in America's first conviction under a 1996 espionage law, was sentenced on Monday to 15 years in prison.
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| WMEL SPECIAL EVENT |
WMEL is teaming up with Orlando Radio Station WDBO to bring you Road to Recovery. It's a night with Neal Boortz, Clark Howard, Jamie Dupree and ABC's Ann Compton.
>>Get your tickets. |
| NATIONAL HEADLINES from ABC NEWS |
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Rep. John Murtha, Iraq war critic, dies at 77
(AP)
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 AP - Rep. John Murtha, the tall, gruff-mannered former Marine who became the de facto voice of veterans on Capitol Hill and later an outspoken and influential critic of the Iraq War, died Monday. He was 77. The Pennsylvania Democrat had been suffering from complications from gallbladder surgery. He died at Virginia Hospital Center in Arlington, Va., with his family at his bedside, the hospital said.
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Michael Jackson's doctor pleads not guilty
(AP)
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 AP - The doctor who prosecutors say caused Michael Jackson's death has been released from jail after posting $75,000 in bail, only a few hours after surrendering to authorities on a manslaughter charge.
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Criminal probe is launched in Conn. plant blast
(AP)
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 AP - Authorities launched a criminal investigation Monday into the cause of an explosion that killed five people at a power plant under construction, saying they could not rule out criminal negligence.
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Man arrested after Detroit airport security breach
(AP)
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AP - A portion of a terminal at Detroit Metropolitan Airport was evacuated Monday after a man without a boarding pass walked through a passenger screening checkpoint and refused to obey security officers, officials said.
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Seats at a premium on planes, trains out of DC
(AP)
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 AP - A $20 cab ride to the airport skyrocketed to the "snow rate" of $100 in the nation's capital, and those travelers who could get to the airport or train station still had to haggle or wait in long lines to escape the snowbound Mid-Atlantic.
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