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6:30am

Thu September 15, 2011
The Two-Way

Colorado Cat Turns Up In Manhattan

Originally published on Thu September 15, 2011 7:09 am

Willow, who somehow got from Colorado to Manhattan, at her temporary home in a New York animal care facility on Wednesday (Sept. 14, 2011).
Bebeto Matthews AP

The stories of lost pets turning up years later and hundreds (or thousands) of miles from home keep coming.

Today's tale, from The Associated Press:

"A calico cat named Willow, who disappeared from a home near the Rocky Mountains five years ago, was found Wednesday on a Manhattan street and will soon be returned to a family in which two of the three kids and one of the two dogs may remember her.

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6:05am

Thu September 15, 2011

5:55am

Thu September 15, 2011
The Two-Way

U.K. Prime Minister To Gadhafi: 'It Is Over, Give Up'

"It is over. Give up. The mercenaries should go home."

That's the message today from British Prime Minister David Cameron to ousted Libyan leader Moammar Gadhafi, The Guardian reports.

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5:52am

Thu September 15, 2011
Business

Rogue Trader Leaves UBS With $2 Billion Loss

Swiss banking giant UBS is struggling to restore its reputation after heavy subprime losses during the financial crisis and an embarrassing U.S. tax evasion case.
Fabrice Coffrini AFP/Getty Images

Swiss banking giant UBS said Thursday that one of its traders lost an estimated $2 billion through unauthorized transactions, which could result in a loss for its entire third quarter.

Police in London's financial district said they have arrested a 31-year-old man in connection with the massive loss. He was arrested at 3:30 a.m. on suspicion of abusing his position to commit fraud.

The unidentified trader reportedly worked in UBS's London equities division.

Shares of UBS sank on the Zurich exchange Thursday, at one point plummeting more than 8 percent.

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5:25am

Thu September 15, 2011
The Two-Way

Swiss Bank UBS Says Rogue Trader Caused $2 Billion Loss

Oli Scarff Getty Images

"Unauthorized trading" by one of its traders has led to a loss "in the range of $2 billion," Swiss banking giant UBS announced this morning.

He reportedly worked in the bank's London equities division, Larry Miller reports for NPR, and was arrested by authorities there early today "on suspicion of using his position to commit fraud."

According to UBS, none of its clients were affected by the loss.

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