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Oil bounces back from 3-1/2 year low

SINGAPORE, Nov. 21, 2008 (Reuters) — Oil rebounded from an early three-and-a-half year trough below $49 a barrel on Friday, tracking Asian equities that bounced back on rumors that China may cut interest rates later in the day. ...  > full story
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Democrats demand Big 3 offer survival plan

WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ...  > full story
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Obama on track to name Clinton as top diplomat

CHICAGO, Nov. 21, 2008 (Reuters) — Retired Marine Gen. James Jones emerged as a leading contender for White House national security adviser as President-elect Barack Obama worked on Thursday to assemble his foreign policy team. ...  > full story
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Recovery from crisis seen slow

NEW YORK/BEIJING, Nov. 21, 2008 (Reuters) — Signs of distress in the global economy mounted, with shares in U.S. bank Citigroup Inc plunging on fears about its future, oil prices falling and the future of U.S. automakers hanging in the balance. ...  > full story
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Bush takes financial reform agenda to APEC forum

WASHINGTON, Nov. 21, 2008 (Reuters) — George W. Bush makes his last scheduled trip abroad as U.S. president on Friday, heading to an Asia-Pacific summit where he will seek support for global financial reform and hold talks on ending North Korea's nuclear program. ...  > full story
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Verizon staff had unauthorized access to Obama's cell

NEW YORK, Nov. 21, 2008 (Reuters) — Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now inactive. ...  > full story
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Attorney General Mukasey vital signs strong after collapse

WASHINGTON, Nov. 21, 2008 (Reuters) — U.S. Attorney General Michael Mukasey was "conscious, conversant and alert" at a local Washington hospital after collapsing while delivering a national security speech at a hotel, the U.S. Justice Department said late on Thursday. ...  > full story
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Astronauts finish second spacewalk outside station

HOUSTON, Nov. 20, 2008 (Reuters) — Shuttle Endeavour astronauts working outside the orbiting International Space Station faced glitches during a second spacewalk on Thursday, as one astronaut experienced high carbon-dioxide levels after his crew mate lost a tool bag on the mission's first spacewalk. ...  > full story
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Fed's Bullard: U.S. deflation an issue Fed must face

EVANSVILLE, Indiana, Nov. 20, 2008 (Reuters) — Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday. ...  > full story
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Citigroup eyes options including merger

NEW YORK, Nov. 20, 2008 (Reuters) — Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. ...  > full story
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World News

Top official meets rioters as China seeks stability

BEIJING, Nov. 21, 2008 (Reuters) — The governor of a Chinese province sat down with protesters after they fought pitched battles with police, a rare concession by a leader and a sign of government concerns about stability as the economy slows. ...  > full story

Tibetans likely to back "Middle Way"

DHARAMSALA, India, Nov. 21, 2008 (Reuters) — Tibetan exiles meeting in northern India have failed to find a viable alternative to the Dalai Lama's "Middle Way" approach to China, and admit they can do little more than hope for a softening in Beijing's stance. ...  > full story

Macau feels pain as casino winning streak ebbs

MACAU, Nov. 20, 2008 (Reuters) — On Macau's dusty Cotai strip, the cranes at the Las Vegas Sands' construction site stand idle at dusk atop the half-finished husks of three massive towers, while weary batches of construction workers, laid-off en masse, stream out of the site's turnstiles, many for the last time. ...  > full story

China says quake school toll over 19,000

BEIJING, Nov. 20, 2008 (Reuters) — Schools that collapsed during China's May earthquake killed more than 19,000 people, nearly a quarter of the total deaths, an official said on Friday, giving the first government estimate. ...  > full story

Politics

Democrats demand Big 3 offer survival plan

WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ...  > full story

Obama on track to name Clinton as top diplomat

CHICAGO, Nov. 21, 2008 (Reuters) — Retired Marine Gen. James Jones emerged as a leading contender for White House national security adviser as President-elect Barack Obama worked on Thursday to assemble his foreign policy team. ...  > full story

Bush takes financial reform agenda to APEC forum

WASHINGTON, Nov. 21, 2008 (Reuters) — George W. Bush makes his last scheduled trip abroad as U.S. president on Friday, heading to an Asia-Pacific summit where he will seek support for global financial reform and hold talks on ending North Korea's nuclear program. ...  > full story

Verizon staff had unauthorized access to Obama's cell

NEW YORK, Nov. 21, 2008 (Reuters) — Verizon Wireless said on Thursday that some employees had gained unauthorized access and viewed a personal cell phone account held by President-elect Barack Obama that is now inactive. ...  > full story

Business

Oil bounces back from 3-1/2 year low

SINGAPORE, Nov. 21, 2008 (Reuters) — Oil rebounded from an early three-and-a-half year trough below $49 a barrel on Friday, tracking Asian equities that bounced back on rumors that China may cut interest rates later in the day. ...  > full story

Democrats demand Big 3 offer survival plan

WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ...  > full story

Asia stocks bounce back from 5-year low

HONG KONG, Nov. 21, 2008 (Reuters) — Asian stock markets rebounded from a five-year low on Friday as a variety of rumors such as China cutting interest rates later in the day prompted investors to cover short positions before the weekend. ...  > full story

Recovery from crisis seen slow

NEW YORK/BEIJING, Nov. 21, 2008 (Reuters) — Signs of distress in the global economy mounted, with shares in U.S. bank Citigroup Inc plunging on fears about its future, oil prices falling and the future of U.S. automakers hanging in the balance. ...  > full story

Science

Astronauts finish second spacewalk outside station

HOUSTON, Nov. 20, 2008 (Reuters) — Shuttle Endeavour astronauts working outside the orbiting International Space Station faced glitches during a second spacewalk on Thursday, as one astronaut experienced high carbon-dioxide levels after his crew mate lost a tool bag on the mission's first spacewalk. ...  > full story

Government warns of "catastrophic" U.S. quake

KANSAS CITY, Missouri, Nov. 20, 2008 (Reuters) — People in a vast seismic zone in the southern and midwestern United States would face catastrophic damage if a major earthquake struck there and should ensure that builders keep that risk in mind, a government report said on Thursday. ...  > full story

Huge glaciers detected under rocky debris on Mars

WASHINGTON, Nov. 20, 2008 (Reuters) — A radar instrument aboard a NASA spacecraft has detected large glaciers hidden under rocky debris that may be the vestiges of ice sheets that blanketed parts of Mars in a past ice age, scientists said on Thursday. ...  > full story

Clump of dark matter may loom near solar system

WASHINGTON, Nov. 19, 2008 (Reuters) — A balloon-borne instrument soaring high over Antarctica has found evidence of a possible large clump of mysterious so-called dark matter relatively close to our solar system, scientists said on Wednesday. ...  > full story

Entertainment

Anna Kendrick movin' on "Up" with Clooney

LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — Talk about upping your profile. Anna Kendrick, who has a small part in "Twilight" as one of Kristen Stewart's human friends, has nabbed the coveted female lead opposite George Clooney in "Up in the Air." ...  > full story

Kiss unhappy about rock hall of fame exclusion

NEW YORK, Nov. 21, 2008 (Billboard) — They've sold millions of records, and influenced several generations of fans and musicians. So why isn't Kiss in the Rock and Roll Hall of Fame? ...  > full story

Cross currents buffet Oscar campaigns

LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — Awards season can sometimes feel like Thanksgiving dinner: it brings people together, but it's fraught with competing allegiances. ...  > full story

AC/DC debuts on dance chart

LOS ANGELES, Nov. 21, 2008 (Billboard) — If the Rolling Stones, U2 and Aerosmith can make the Hot Dance Club Play chart, why not AC/DC? ...  > full story

Sports

Phillies second baseman Utley to go under knife

PHILADELPHIA, Nov. 21, 2008 (Reuters) — Philadelphia Phillies second baseman Chase Utley will undergo hip surgery next week and could miss a large part of next season. ...  > full story

Red Wings hold off Oilers for fourth straight win

LOS ANGELES, Nov. 21, 2008 (Reuters) — Jiri Hudler scored twice to help the streaking Detroit Red Wings hold off the Edmonton Oilers 4-3 in the NHL on Thursday. ...  > full story

Roethlisberger leads Steelers to victory over Bengals

LOS ANGELES, Nov. 21, 2008 (Reuters) — Ben Roethlisberger passed for 243 yards to lead the Steelers to a 27-10 win over division rivals the Cincinnati Bengals in snowy Pittsburgh conditions on Thursday. ...  > full story

Boston's Matsuzaka first on Japan's WBC list

TOKYO, Nov. 20, 2008 (Reuters) — Japan's hopes of successfully defending their World Baseball Classic title (WBC) have been boosted after Boston Red Sox pitcher Daisuke Matsuzaka committed to playing. ...  > full story
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