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Glad you with us everyone I'm Catherine Callaway at the CNN center in Atlanta. We take a look at what's happening NOW IN THE NEWS.

We are following a story out of Magnolia, Texas that we have seen develop throughout till the last hour. It is where a news helicopter from our Houston affiliate¹ KTRK has gone down in a heavily wooded area there. The Montgomery County sheriff's offices has confirmed for us that the pilot and the photographer on board did not survive this crash. The crew was heading to a scene of shooting at the time, but there is no word yet on what may have caused the helicopter to go down.

A strong start to the week for investors² around the world and the US stocks on Wall Street surge this morning the Dow gain more than 400 points in the first few minutes. Stocks also performed well overseas Hong Kong closed up 10 percent. European markets are trading in positive territory this afternoon.

The US has removed North Korea from its list of countries that it says sponsors terrorism. And in return North Korea agrees to dismantle³ its nuclear program and reveal its nuclear secrets. It will allow inspections⁴ of its nuclear sites. Critics say the decision rewards North Korea's bad behavior. Even with these new developments North Korea still subject to sanctions for things like human rights violations⁵ and for a testing nuclear device.

Wells Fargo and Wachovia now have the go-ahead on their merger⁶ with the blessing⁷ of the Federal Reserve Board. Citigroup had been competing with Wells Fargo for the right to buy Wachovia, but it gave up last week. Wachovia says for now the deal will not bring any changes to customer accounts services, the buyout must still be approved by Wells Fargo shareholders⁸.

Good news for anyone travelling, this Columbus Day, AAA reporting the new national average for gasoline way down to $3.21 a gallon. It is the 26th day in a row that gas prices have dropped.

And those are the headlines for you right now. Stay with CNN for more on these stories and other news of the day.

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收听单词发音

1 affiliate
vt.使隶(附)属于；n.附属机构，分公司
参考例句：
Our New York company has an affiliate in Los Angeles.我们的纽约公司在洛杉矶有一个下属企业。 What is the difference between affiliate and regular membership?固定会员和附属会员之间的区别是什么？

2 investors
n.投资者，出资者( investor的名词复数 )
参考例句：
a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子 a cash bonanza for investors 投资者的赚钱机会

3 dismantle
vt.拆开，拆卸；废除，取消
参考例句：
He asked for immediate help from the United States to dismantle the warheads.他请求美国立即提供援助，拆除这批弹头。 The mower firmly refused to mow,so I decided to dismantle it.修完后割草机还是纹丝不动，于是，我决定把它拆开。

4 inspections
n.检查( inspection的名词复数 )；检验；视察；检阅
参考例句：
Regular inspections are carried out at the prison. 经常有人来视察这座监狱。 Government inspections ensure a high degree of uniformity in the standard of service. 政府检查确保了在服务标准方面的高度一致。来自《简明英汉词典》

5 violations
违反( violation的名词复数 )；冒犯；违反（行为、事例）；强奸
参考例句：
This is one of the commonest traffic violations. 这是常见的违反交通规则之例。 These violations of the code must cease forthwith. 这些违犯法规的行为必须立即停止。

6 merger
n.企业合并，并吞
参考例句：
Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。 Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。

7 blessing
n.祈神赐福；祷告；祝福，祝愿
参考例句：
The blessing was said in Hebrew.祷告用了希伯来语。 A double blessing has descended upon the house.双喜临门。

8 shareholders
n.股东( shareholder的名词复数 )
参考例句：
The meeting was attended by 90% of shareholders. 90%的股东出席了会议。 the company's fiduciary duty to its shareholders 公司对股东负有的受托责任