AP - Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defense on Capitol Hill Tuesday of their management of a $700 billion financial bailout just one week after the administration abandoned the original strategy behind the rescue.
AP - Detroit's Big Three automakers are begging Congress for a $25 billion government rescue, while the legislation clings to life support on Capitol Hill and top lawmakers and the White House suffer from bailout fatigue.
AP - Wholesale prices plunged a record amount in October as energy prices fell by the largest amount in 22 years.
AP - Pirates who seized a Saudi supertanker loaded with $100 million in crude oil anchored the ship within sight of impoverished Somali fishing villages Tuesday, while the U.S. and other naval forces decided against intervention for now.
AP - Michael Hernandez pulled a charred photo album from the wreckage of his home, the plastic pages melted by the wildfire that tore through the mobile home park where he lived with his grandparents and 7-year old daughter.
AP - As diabetes is rapidly becoming one of the world's most common diseases, its financial cost is mounting, too, to well over $200 billion a year in the U.S. alone.
AP - Two astronauts face a tedious cleaning and lube job Tuesday, the first of a series of spacewalks to resurrect a massive joint that turns one of the international space station's power-generating solar-panel wings toward the sun.
AP - Michael Jackson may be too ill to travel to London to testify in a suit which claims he owes an Arab sheikh $7 million, the pop star's lawyer said Tuesday.
AP - Turns out the Cleveland Browns aren't quitters after all. And they have Phil Dawson to thank for this wild win.
AP - The Pittsburgh Steelers walked off the field Sunday just happy they had won.
Reuters - Producer prices fell a record 2.8 percent in October as energy prices slid, government data on Tuesday showed, but a measure of core inflation at the farm and factory gate rose more than forecast.
Reuters - The International Monetary Fund (IMF) said on Tuesday the number of countries seeking help to cope with a spreading economic crisis was growing every day.
Reuters - Yahoo Inc said Jerry Yang will step down as chief executive as soon as the board finds a replacement, sending its shares up 4 percent on hopes his departure will clear the way for a deal with Microsoft.
Reuters - Iran's parliament speaker urged Iraqi lawmakers to keep resisting a security pact with the United States, official media said Tuesday, a day after Baghdad signed an accord on U.S. troop presence in Iraq.
Reuters - Any European Union support for automobile companies will be temporary and tied to goals such as improving the sector's environmental performance, EU sources said on Tuesday.
Reuters - U.S. President-elect Barack Obama has called Georgian President Mikheil Saakashvili to assure Moscow's outspoken foe of Washington's continued support, the Georgian leader's press service said Tuesday.
Reuters - Sales of once-hot gift cards are expected to fall nearly 6 percent this holiday season as shoppers try to stretch their dollars by buying discounted merchandise, according to a survey released by the National Retail Federation on Tuesday.
Reuters - Russian President Dmitry Medvedev said on Tuesday he sees new opportunities for improving strained relations with the United States once President-elect Barack Obama takes office.
AFP - A Saudi super tanker with a 100 million dollar oil cargo seized by pirates in a daring high seas heist was Tuesday nearing Somalia and the crew, including two Britons, is unharmed, the US Navy and the ship's operator said.
AFP - Laurent Nkunda's rebel group announced Tuesday it was withdrawing fighters from around a strategic town in the Democratic Republic of Congo to boost a peace mission by the UN special envoy.
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