Monday News Round-Up: Nobel Peace Prize, Bank of America and more

3 Americans win medicine Nobel for chromosome research

(CNN) — Three U.S. researchers were awarded the 2009 Nobel Prize in Physiology or Medicine for their work on how chromosomes are protected against degradation, the Nobel Foundation reported Monday.

BofA board fields CEO search team

The board of Bank of America Corp. has enlisted six directors to lead the search for the company’s next chief executive.

CEO Kenneth Lewis announced Wednesday he will retire by year end after a 40-year career with the Charlotte, N.C.-based bank (NYSE: BAC).

In Indonesia, a Shift From Rescue to Recovery

LUBUK LAWEK, Indonesia — Heavy machinery arrived here Monday, allowing search teams to reach deeper into villages devastated by a series of landslides caused by the earthquake last week. But after five days, hope of finding any more survivors had dimmed significantly. The delicate search for people gave way to large machines clawing away at wrecked buildings to find the dead.

Services index expands in September

WASHINGTON (MarketWatch) — The service sectors of the United States expanded in September for the first time in a year, according to a survey of companies released Monday by the Institute for Supply Management.

The ISM non-manufacturing index rose to 50.9% from 48.4% in August. This is the highest level since May 2008 and the first time in a year that the index was above the break-even 50% mark.