Dow jumps 500 as government pledges bank aid

The Dow Jones industrial average rebounded more than 500 points today as Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S.

• Treasury and Fed to meet with financial executives AP
• Japanese bank invests $9B in Morgan Stanley AP
• European governments offer $2 trillion for banks AP
• British banks to get cash infusion from government AP
• Columnist Paul Krugman wins Nobel economics prize AP
• Oil rebounds on Europe bank rescue plan AP
• Waste Management drops bid for Republic AP
• Sovereign confirms deal talks with Banco Santander AP
• GM to close Janesville, Wis., plant in December AP