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Bush signs law extending unemployment insurance

WASHINGTON, Nov. 21, 2008 (Reuters) — President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said. ...  > full story
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Opening Wall St. bounce eyed on bargain search and Citi

NEW YORK, Nov. 21, 2008 (Reuters) — Stocks headed for a higher open on Friday as investors followed up two days of steep losses that toppled Wall Street to an 11-year low by scooping up shares of banks and other beaten-down sectors. ...  > full story
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Islamists on trail of Somali pirates

MOGADISHU, Nov. 21, 2008 (Reuters) — Dozens of Somali Islamist insurgents stormed a port on Friday hunting the pirates behind the seizure of a Saudi supertanker that was the world's biggest hijack, a local elder said. ...  > full story
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Thousands protest in Iraq against U.S. troops pact

BAGHDAD, Nov. 21, 2008 (Reuters) — Followers of Shi'ite cleric Moqtada al-Sadr marched on Friday against a pact letting U.S. forces stay in Iraq until 2011, toppling an effigy of President George W. Bush where U.S. troops once tore down a statue of Saddam Hussein. ...  > full story
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IAEA hardens fear of covert Syria atom site: U.S.

VIENNA, Nov. 21, 2008 (Reuters) — The United States said on Friday the first independent monitoring report on an alleged Syrian nuclear site had hardened suspicions that Syria was building a covert reactor and would raise pressure on it to come clean. ...  > full story
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Attorney General Mukasey sounds well: White House

WASHINGTON, Nov. 21, 2008 (Reuters) — President George W. Bush spoke with U.S. Attorney General Michael Mukasey on Friday and the top U.S. law enforcement official sounded well after collapsing during a speech, the White House said. ...  > full story
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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 bleak prospect of deflation. ...  > full story
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Oil rises above $50

LONDON, Nov. 21, 2008 (Reuters) — Oil rose above $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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U.S. Navy says no word on Somali pirate ransom demand

DUBAI, Nov. 21, 2008 (Reuters) — The U.S. Navy and operators of a Saudi oil supertanker hijacked by Somali pirates could not confirm on Friday reports that the hijackers had demanded a $25 million ransom. ...  > full story
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Citigroup eyes options, including merger

NEW YORK, Nov. 21, 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


Islamists on trail of Somali pirates

MOGADISHU, Nov. 21, 2008 (Reuters) — Dozens of Somali Islamist insurgents stormed a port on Friday hunting the pirates behind the seizure of a Saudi supertanker that was the world's biggest hijack, a local elder said. ...  > full story

Thousands protest in Iraq against U.S. troops pact

BAGHDAD, Nov. 21, 2008 (Reuters) — Followers of Shi'ite cleric Moqtada al-Sadr marched on Friday against a pact letting U.S. forces stay in Iraq until 2011, toppling an effigy of President George W. Bush where U.S. troops once tore down a statue of Saddam Hussein. ...  > full story

U.S. wary on chances of normal NATO-Russia ties

BRUSSELS, Nov. 21, 2008 (Reuters) — The United States raised doubts about the prospect of a fast return to normal ties between NATO and Russia after the Georgian war on Friday, despite a European Union move to restart partnership talks with Moscow. ...  > 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

Politics


Bush signs law extending unemployment insurance

WASHINGTON, Nov. 21, 2008 (Reuters) — President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said. ...  > full story

Attorney General Mukasey sounds well: White House

WASHINGTON, Nov. 21, 2008 (Reuters) — President George W. Bush spoke with U.S. Attorney General Michael Mukasey on Friday and the top U.S. law enforcement official sounded well after collapsing during a speech, the White House said. ...  > 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

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

Business


Wal-Mart's Scott retiring as CEO, Duke to succeed

NEW YORK, Nov. 21, 2008 (Reuters) — Wal-Mart Stores Inc , the world's largest retailer, said Lee Scott will retire as chief executive early next year, and will be succeeded by Mike Duke, who heads its international operations. ...  > full story

Opening Wall St. bounce eyed on bargain search and Citi

NEW YORK, Nov. 21, 2008 (Reuters) — Stocks headed for a higher open on Friday as investors followed up two days of steep losses that toppled Wall Street to an 11-year low by scooping up shares of banks and other beaten-down sectors. ...  > full story

Pimco's El-Erian says GDP falling off cliff: CNBC

Nov. 21, 2008 (Reuters) — : Pimco's Mohamed El-Erian on Friday said fourth-quarter GDP is falling off a cliff, in an interview on CNBC. Highlights: ...  > full story

AnnTaylor posts loss

CHICAGO, Nov. 21, 2008 (Reuters) — AnnTaylor Stores Corp reported a quarterly loss on Friday as the financial crisis exacerbated already weak sales trends, and the women's clothing retailer said it expected consumer spending to remain soft through the current fourth quarter. ...  > 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) — Ashlee Simpson-Wentz and her rock-star husband Pete Wentz have become parents for the first time, People magazine reported on Friday. ...  > full story

Madonna and Ritchie granted "quickie" divorce

LONDON, Nov. 21, 2008 (Reuters) — Madonna and husband Guy Ritchie ended nearly eight years of marriage in just a few minutes on Friday when a British court granted them a "quickie" divorce. ...  > 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

Sports


Oosthuizen blitzes 62 to share Hong Kong lead

HONG KONG, Nov. 21, 2008 (Reuters) — South Africa's Louis Oosthuizen fired a sizzling eight-under 62 to grab a share of the lead after the second round at the $2.5 million Hong Kong Open on Friday. ...  > 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

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
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