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Citi extends plunge as world economy deteriorates

NEW YORK, Nov. 21, 2008 (Reuters) — Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry. ...  > full story

Bargain hunters lift stocks, but Citi sinks

NEW YORK, Nov. 21, 2008 (Reuters) — Stocks rose in choppy trade on Friday as investors snapped up cut-price shares in beaten down sectors, including commodities and energy, a day after Wall Street slid to 11-year lows. ...  > full story

Citigroup stock drops to 13-year low, fear grows

NEW YORK, Nov. 19, 2008 (Reuters) — Citigroup Inc faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low. ...  > full story

Obama, McCain pledge to work together on reform

CHICAGO, Nov. 17, 2008 (Reuters) — President-elect Barack Obama and vanquished rival John McCain met for the first time since the November 4 election on Monday, pledging to work together to face the financial crisis and reduce government waste. ...  > full story

Senators say Clinton a good choice for State

WASHINGTON, Nov. 16, 2008 (Reuters) — A top Republican senator said on Sunday U.S. President-elect Barack Obama would be making a good choice if he selected Sen. Hillary Clinton as his Secretary of State. ...  > full story

U.S. backs away from plan to buy bad assets

WASHINGTON, Nov. 12, 2008 (Reuters) — The Bush administration on Wednesday largely abandoned its plan to buy up toxic mortgage assets and said it will focus its $700 billion financial bailout fund on making direct investments in financial institutions and shoring up consumer credit markets. ...  > full story

Gay weddings begin in Connecticut as debate rages

NEW HAVEN, Connecticut, Nov. 12, 2008 (Reuters) — Gay and lesbian couples exchanged vows in Connecticut on Wednesday to cheers from smiling friends and proud relatives as the state became the nation's second to allow same-sex marriage. ...  > full story

Obama asks bipartisan duo to meet officials at G20

CHICAGO, Nov. 12, 2008 (Reuters) — President-elect Barack Obama on Wednesday named a bipartisan duo of Washington veterans to meet foreign delegations at this weekend's global financial summit, opening communication between the next U.S. administration and its global counterparts. ...  > full story

Grim reality hits global stocks

LONDON, Nov. 6, 2008 (Reuters) — European stocks followed Asia into sharp declines on Thursday and oil extended losses as weak U.S. data intensified fears about the impact of recession in major economies hit by the worst financial crisis in 80 years. ...  > full story

Obama asks Rep. Emanuel to lead White House staff

CHICAGO, Nov. 5, 2008 (Reuters) — U.S. President-elect Barack Obama has asked Illinois congressman Rahm Emanuel to head his White House staff as he moves quickly to fill government jobs in his incoming administration. ...  > full story
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