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Central bankers wary of deflation

LONDON, Nov. 21, 2008 (Reuters) — Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the prospect of deflation. ...  > full story
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Oil rises towards $50

LONDON, Nov. 21, 2008 (Reuters) — Oil rose toward $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk 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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Baghdad locked down for U.S. troop pact protest

BAGHDAD, Nov. 21, 2008 (Reuters) — Iraqi forces shut streets in Baghdad and placed snipers on rooftops on Friday before a protest by followers of cleric Moqtada al-Sadr against a pact allowing U.S. troops to remain for three more years. ...  > full story
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Fed's Bullard: U.S. deflation an issue Fed must face

EVANSVILLE, Indiana, Nov. 21, 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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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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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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World News


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

Thai police brace for violence

BANGKOK, Nov. 21, 2008 (Reuters) — Thai police are braced for violence at an anti-government rally this weekend and have asked the army for reinforcements to prevent a repeat of last month's bloody street battles, a senior officer said Friday. ...  > full story

Somali police kill 17 Islamist rebels

MOGADISHU, Nov. 21, 2008 (Reuters) — Somali police ambushed and shot dead 17 fighters from the militant al Shabaab insurgent movement on Friday during an attempted attack on a senior official in Mogadishu, a police spokesman said. ...  > full story

Extra harsh winter threatens China quake victims

BEIJING, Nov. 21, 2008 (Reuters) — An usually harsh winter is expected in the mountains of Sichuan, where millions of quake victims live in temporary housing that gives little protection against cold, rain and snow, provincial officials said on Friday. ...  > 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


Honda to cut more production

TOKYO, Nov. 21, 2008 (Reuters) — Honda Motor Co <7267.T> said it would build fewer cars in Japan, Europe and North America to reflect an increasingly bleak outlook for sales as the global economic crisis discourages big-ticket purchases. ...  > full story

Central bankers wary of deflation

LONDON, Nov. 21, 2008 (Reuters) — Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the prospect of deflation. ...  > full story

Oil rises towards $50

LONDON, Nov. 21, 2008 (Reuters) — Oil rose toward $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk 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

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


Ashlee Simpson-Wentz delivers baby boy

LOS ANGELES, Nov. 21, 2008 (Reuters) — Pop singer Ashlee Simpson-Wentz and her rock-star husband Pete Wentz have become parents for the first time, People magazine reported on Friday. ...  > full story

"Arrested Development" film gets closer

LOS ANGELES, Nov. 21, 2008 (Hollywood Reporter) — The "Arrested Development" feature is moving closer to reality, with the producers of the critically acclaimed but short-lived Fox series reportedly closing deals for the project. ...  > full story

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

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

Bryant bests Shaq in Lakers' win over Suns

LOS ANGELES, Nov. 21, 2008 (Reuters) — Kobe Bryant got the better of former team mate Shaquille O'Neal to guide the Los Angeles Lakers to a 105-92 win over the Phoenix Suns on Thursday. ...  > full story

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

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
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