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Mon, 01 Dec 2008 16:07:19 -0500
Obama names Clinton, Gates to lead foreign policy
CHICAGO (Reuters) - U.S. President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.

Mon, 01 Dec 2008 16:37:04 -0500
Stocks slide as economy, Bernanke raise fears
NEW YORK (Reuters) - Stocks tumbled on Monday as news pointing to the deepening economic slump around the world erased much of last week's sharp gains, with financial services companies and retailers among Wall Street's biggest casualties.

Mon, 01 Dec 2008 15:54:33 -0500
India demands Pakistan act decisively on Mumbai attack
MUMBAI (Reuters) - India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension.

Mon, 01 Dec 2008 14:50:31 -0500
Bush calls flawed Iraq intelligence biggest regret
WASHINGTON (Reuters) - President George W. Bush said the biggest regret of his presidency was flawed intelligence that Iraq had weapons of mass destruction and told ABC "World News" in an interview airing on Monday that he was unprepared for war when he took office.

Mon, 01 Dec 2008 17:12:10 -0500
U.S. in recession, Europe backs spending hikes
WASHINGTON (Reuters) - The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn.

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Mon, 01 Dec 2008 20:47:00 GMT
It's official: US economy in a recession - Arizona Daily Star
WASHINGTON – The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER — a private, nonprofit research organization — said its group of academic economists who determine ...
Mon, 01 Dec 2008 19:21:00 GMT
US economic organisation announces nation officially in recession - Guardian Unlimited
Traders work on the floor of the New York Stock Exchange in October. The National Bureau of Economic Research has reported that the US economy has been in a recession since December 2007. Photograph: Brendan McDermid/Reuters The US economy has been ...
Mon, 01 Dec 2008 21:30:00 GMT
Big East gets record 8 teams in AP basketball poll - FOX News
North Carolina (7-0) remained the unanimous No. 1 selection of the 72-member national media panel, while No. 2 Connecticut and No. 3 Pittsburgh started the Big East's collection of ranked teams. Also ranked from the 16-member league were No. 7 Notre ...
Mon, 01 Dec 2008 20:54:00 GMT
WALL STREET UPDATE: - Associated Press
NEW YORK (AP) -- Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 600 points and erasing a huge chunk of last week ...
Mon, 01 Dec 2008 21:01:00 GMT
JPMorgan cutting 9,200 jobs at Washington Mutual - Los Angeles Times
NEW YORK -- JPMorgan Chase & Co. said today that it would cut a total of 9,200 jobs at Washington Mutual, which it acquired Sept. 25 after Washington Mutual became the nation's largest bank to fail amid the ongoing credit crisis. Of the 9,200 jobs ...

Topics News
Mon, 01 Dec 2008 22:20:36 GMT
Opposition signs coalition deal
The extraordinary prospect of Canada changing governments without an election is a big step closer to reality.
Mon, 01 Dec 2008 22:20:33 GMT
Lucky Staff Escape Massive Blast
A Slough trading estate made famous as the set of the TV series The Office has been hit by a large explosion and fire.
Mon, 01 Dec 2008 22:20:14 GMT
Bedroom Bach? YouTube starts a cyber symphony
There's a new way to get to Carnegie Hall - YouTube, YouTube, YouTube. Borrowing from "American Idol," the online video site announced plans Monday for a YouTube Symphony Orchestra, featuring a collaboration of ...
Mon, 01 Dec 2008 22:19:59 GMT
Meltdown 101: Taking the pulse of manufacturing
NEW YORK : The Institute for Supply Management's monthly manufacturing index dropped to a 26-year low Monday - another dire read on the economy that helped send stocks sharply lower in the U.S. and Europe.
Mon, 01 Dec 2008 22:19:49 GMT
Experts: US in recession since Dec. 2007
The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

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