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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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Citi eyes selling businesses, other options: source

NEW YORK, Nov. 20, 2008 (Reuters) — Citigroup Inc is looking at multiple options as its share price sinks, including selling businesses, selling shares, or merging with another firm, a person familiar with the matter said. ...  > full story
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More Headlines

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World News

CORRECTED: Top official meets rioters as China seeks stability

Nov. 21, 2008 (Corrects 4th paragraph to say 1.8 million made homeless in Gansu alone) — 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

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

Dell sees China sales down

BEIJING, Nov. 21, 2008 (Reuters) — Dell Inc's sales in China slowed last quarter, but Beijing's economic stimulus measures are likely to boost technology spending, the world's No. 2 personal computer maker said on Friday. ...  > 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

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

Olyphant taps into "Crazies" horror redo

LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — Timothy Olyphant has signed on to star in "The Crazies," a remake of the George Romero horror movie. ...  > full story

Three ABC programs hear no pickup lines

LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — ABC has decided against giving full-season orders to "Pushing Daisies," "Dirty Sexy Money" and "Eli Stone," but is not officially saying that the struggling shows are canceled. ...  > full story

Sports

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

Hatton targets British hat-trick against Malignaggi

LAS VEGAS, Nov. 20, 2008 (Reuters) — IBO light-welterweight champion Ricky Hatton will bid to complete a rousing hat-trick of British victories this month when he defends his title against Paulie Malignaggi at the MGM Grand on Saturday. ...  > full story
Copyright Reuters 2008. See Restrictions for more details.

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