New York 

New York  - The board of biotech firm ImClone Systems Inc on Monday rejected as too low a 4.3-billion-dollar take-over offer from pharmaceutical giant Bristol-Myers Squibb.

The board of director's said in a statement that the offer undervalues experimental cancer drugs that ImClone is in the process of developing.

Activist investor Carl Icahn, who chairs ImClone's board, said he was opposed to the offer.

New York  - The suspect in the beheading of a fellow passenger on a Canadian bus reportedly ate the flesh of his victim afterwards, a Canadian news report said Sunday.

The suspect, who has been identified as a newspaper deliverer in Edmonton, in western Canada, reportedly was observed "hacking off pieces" of his victim and "eating it," according to a leaked recording of Royal Canadian Mounted Police at the accident scene, the Globe and Mail newspaper reported online.

New York, Aug 4 : A Pakistani-American historian and expert on South Asia has written in her new book that Al Qaeda has resurfaced in Pakistan’s tribal areas in the form of Taliban.

“Pakistan''s federally administered tribal areas (FATA) are wilder than the wild west because Al-Qaeda has resurfaced here in the form of a new breed of Taliban who are threatening both Afghanistan and Pakistan,” says Tufts University Professor Ayesha Jalal, herself a native of Pakistan.

In her new book “Partisans of Allah: Jihad in South Asia” providing cultural and historical context to jihadi ideals in South Asia, she adds: “It is imperative to understand how this has happened if we are to combat extremism.”

New York, Aug. 4: Senator Barack Obama has described Republican rival John McCain''s campaign as cynical and negative, but not racist.

"Their team is good at creating distractions and engaging in negative attacks," the New York Daily News quoted Obama, as saying.

Speaking during a break from campaigning in Florida Saturday, Obama said that the McCain''s campaign isn''t trying to vilify him because he''s black.

New York/Winnipeg - Debby, the oldest known polar bear in captivity, is suffering signs of decline after suffering several strokes, according to the Winnipeg Sun newspaper on Saturday.

The female bear has lost nearly 50 kilograms in the past year and is no longer interested in eating, according to zoo officials in Winnipeg, in the Canadian province of Manitoba.

"The outlook that she would recover is not good," zoo curator Bob Wrigley was quoted as saying.