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The hottest major player on Wall Street is currently Bank of America. The North Carolina-based bank's recent purchase of Merrill Lynch will create one of the largest financial services firms in the world.

So I can understand some confusion in the financial markets this weekend. & What would the administration do to protect Lehman Brothers? & How will Merrill Lynch's survival be tied to some vital sector of the economy?

California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step Monday toward seeking the Republican nomination for governo

Lehman Brothers filed for bankruptcy over the weekend, and Merrill Lynch sold itself to Bank of America. Here, a look at what happened and what the new financial landscape may mean for consumers.

President Robert Mugabe and opposition leader Morgan Tsvangarai struck a power sharing deal last week and the agreement was signed in a ceremony today. The two leaders have been at odds since a disputed election in March.

Zimbabwean leader Robert Mugabe will bring former rival Morgan Tsvangirai into government as prime minister in a power-sharing agreement brokered by South African President Thabo Mbeki. Mugabe has ruled Zimbabwe for 28 years.

As head of the U.S. military's Central Command, Gen. David Petraeus will be in charge of two wars and some of the most volatile regions on Earth. He's lauded as a leader and strategist, but he will need to get up to speed on new regions beyond Iraq.

The Navy will release a new environmental assessment this week on plans to build a multi million dollar headquarters on one of the most scenic sites in San Diego. KPBS reporter Alison St John has more

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As the back end of the storm approaches the Gulf Coast, reporter Pat Dowell, a resident of Baytown, Texas talks with host Scott Simon about the situation near Galveston. She lives close to the Exxon oil refinery, one of the largest in the U.S.