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  • Merrill Lynch, the world's largest brokerage, says its chief executive, Stan O'Neal, has retired, effective immediately. Alberto Cribiore will lead the search for O'Neal's replacement.
  • Nissan's Pivo has technology that recognizes "mood." The robot on the dashboard has cameras which monitor eye movement. To make sure the driver isn't sleepy or angry. Nissan says drivers are less likely to have accidents if they have a little robot telling them to take it easy.
  • President Bush promises swift action and assistance to those in fire-ravaged southern California. Joined by Calif. Gov. Arnold Schwazenegger, he toured the charred remains of neighborhoods and met with distraught residents.
  • The White House on Thursday rolled out new sanctions against Iran, designating Iran's Revolutionary Guard Corps as a proliferator of weapons of mass destruction and its elite Quds Force as a supporter of terrorism.
  • More than a dozen wildfires continue to rage across Southern California. San Diego County is still getting hit the hardest. Hundreds of thousands of residents have been forced to flee the flames, and at least 700 homes have been destroyed.
  • NASA launches the unmanned aircraft Ikhana from Edwards Air Force Base north of Los Angeles. It measures the heat coming off the wildfires raging there. That data is then converted to images, and sent back to the ground via satellite. It helps firefighters better react to conditions on the ground.
  • Oil prices hit a new high on Friday. As the price climbed to $92 a barrel, analysts says it is possible the price could continue to climb past $100. Soon, the price of gas and home heating oil will follow crude's rise.
  • While the U.S. is trying to calm some of Moscow's anxieties over a missile defense it wants to put in Poland and the Czech Republic, skepticism is growing in the intended host nations, as well. Russian President Vladimir Putin remains critical of U.S. plans.
  • Hollywood writers for film and television are picketing at studios in a bid to get a more lucrative deal on royalties from DVDs and Internet programming. Last-minute talks with producers and a federal mediator fell apart late Sunday. It's the first strike since 1988.
  • A Spanish delivers verdicts for 27 men and one woman charged in connection with the Madrid train bombings in 2004. Charges range from masterminding the attack to stealing dynamite to building the bombs. They detonated on four commuter trains, killing 191 people.
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