Developing Story
Senate's Reid says Senators Levin and Bond are trying to come up with an alternative proposal for auto aid; Senator Bond, a Missouri Republican, says "we've made great progress" on possible auto aid compromise bill
Today on Reuters (1/5)
Stocks plunge
Wall Street tumbled to lows unseen since 2003 in another last-hour sell-off, fueled by uncertainty over a bailout for the auto industry. Full Article | Full Coverage
Smoothing the path
Bill Clinton will allow ethics reviews of future business and charitable activities should Hillary be picked as secretary of state, Democrats familiar with the issue say. Full Article | Video
"Africa's Iraq"
Concern is growing over Somalia, with Washington afraid a return to power by local Islamist insurgents could make it a haven for al Qaeda allies. Full Article | Video
A deal for Detroit?
Auto executives made their case on Capitol Hill for a $25 billion aid package as legislators seemed to move closer to a deal. Full Article
Walgreen eyes growth
Walgreen says it expects to increase its share of prescription sales even as "anxious" consumers rein in spending in the tough economic climate. Full Article | Full Coverage
Jobless claims and tech results
Weekly jobless claims will be scrutinized after the previous reading came in at a 7-year high. Tech bellwether Dell and retailer Gap report quarterly results. Factbox
The Great Debate (1/4)
Petrodollar drought blow to banks
Banks in Europe and Britain, and their unfortunate would-be borrowers, face another blow as plunging oil prices tighten the spigot of petrodollar deposits, writes James Saft. Commentary
Don't delay restructuring
By assisting the Detroit Three, Congress can delay Chapter 11 reorganization but it may be better to let them go through that process, writes Peter Morici. Commentary
Lack of resolve
The G20 summit must be considered a disappointing failure, even by the relatively low expectations set for the event, writes John Kemp. Leaders produced a long agenda of further studies, but failed to tackle even the most fundamental decisions. Commentary
Green New Deal unlikely
A growing chorus is calling for massive public investment in green energy to revive economic growth while fighting climate change. But it may not happen fast enough, writes Paul Taylor. Commentary
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Crisis in Credit
Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map. Full Coverage
A million years of nuclear planning
Columnist Bernd Debusmann asks if the EPA is engaging in scientific fantasy by setting impossible hurdles over nuclear waste. Commentary
Consumer Credit
The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look. Full Coverage
Hugh Jackman: People's sexiest man alive
Australian actor Hugh Jackman is named as People magazine's 2008 Sexiest Man Alive.Al Qaeda leader slurs Obama
Nov 19 - In an internet video, Al Qaeda's second-in-command uses a demeaning racial term implying that the president-elect is a black American who does the bidding of whites. Play Video
