Today's Headlines

Bloomberg:
- US stocks rallied, sending the S&P 500 to a record, after job growth exceeded forecasts and signaled the economy has weathered the August financial turmoil.
- Merrill Lynch(MER) will report its first quarterly loss in six years and faces “continued challenges” in credit markets the rest of this year. The stock is rising 3% on the news.
- Former Duke University lacrosse players accused of rape and then cleared sued disbarred ex-District Attorney Mike Nifong, the city of Durham, North Carolina, and its police department for malicious presecution.
- M&A, Stock Sales Climb as Global Credit Markets Calm.
- Copart(CPRT) rose to a record high on the Nasdaq after it increased its buyback program by 20 million shares, or almost a quarter of its stock outstanding.
- Iranian President Mahmoud Ahmadinejad reiterated his condemnation of Israel as crowds gathered in Tehran to chant “Death to America” and “Death to Israel” at a rally in support of Palestinians.
- Yahoo!(YHOO) executives should consider breaking up or selling the company, which runs the most-visited US Web site, to increase the value of the shares, according to Sanford C. Bernstein analysts.

Wall Street Journal:
- The United Kingdom is home to 17% of Europe’s high net-worth individuals, defined as anyone with more than $1 million in financial assets, such as private-equity holdings, stocks and bonds, according to a survey by Merrill Lynch and Capgemini.
- US Venture Capitalists Target Bigger Buyout Deals.

USAToday.com:
- The US military says it has captured at least six al-Qaeda media centers in Iraq and arrested 20 suspected propaganda leaders since June. The seizures of the centers underscore the importance al-Qaeda has placed on media.

DailyPrincetonian.com:
- Apple Users Quadruple at Princeton.