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Russian MPs vote for longer presidency

MOSCOW, Nov. 21, 2008 (Reuters) — Russia's lower house of parliament approved on Friday a constitutional amendment extending the presidential term of office to six years from four. ...  > 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 prospect of deflation. ...  > full story
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Wall Street futures shoot up

Nov. 21, 2008 (Reuters) — Stock futures pointed to a rebound on Friday after sharp losses in the previous session. Dow Jones futures were up 3.9 percent, S&P 500 futures were up 4.5 percent and Nasdaq futures were up 3.9 percent at 5:03 a.m. EST. ...  > 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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World News


Russian MPs vote for longer presidency

MOSCOW, Nov. 21, 2008 (Reuters) — Russia's lower house of parliament approved on Friday a constitutional amendment extending the presidential term of office to six years from four. ...  > 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

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

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


Former union chief could lead FAA: paper

BANGALORE, Nov. 21, 2008 (Reuters) — A onetime union leader is a top contender to head the U.S. Federal Aviation Administration, the Wall Street Journal said, citing people close to President-elect Barack Obama's transition team. ...  > 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

Wall Street futures shoot up

Nov. 21, 2008 (Reuters) — Stock futures pointed to a rebound on Friday after sharp losses in the previous session. Dow Jones futures were up 3.9 percent, S&P 500 futures were up 4.5 percent and Nasdaq futures were up 3.9 percent at 5:03 a.m. EST. ...  > full story

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

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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