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Top World News

Obama outlines rebuilding plans to create jobs (AP)

President-elect Barack Obama and his adviser Valerie Jarrett decide on lunch during a stop at Manny's Coffee Shop and Deli in Chicago, Friday, Nov. 21, 2008. (AP Photo/Charles Dharapak)AP - President-elect Barack Obama on Saturday outlined his plan to create 2.5 million jobs in coming years to rebuild roads and bridges and modernize schools while developing alternative energy sources and more efficient cars.


Obama moves quickly to fill Cabinet positions (AP)

Barack Obama (R) and Hillary Clinton address supporters during a rally in Orlando, Florida in October 2008. Intense speculation flared Friday over reports that president-elect Barack Obama is weighing whether to name former Democratic primary rival Hillary Clinton as a heavy-hitting secretary of state.(AFP/File/Emmanuel Dunand)AP - President-elect Barack Obama has moved with unusual speed to select officials for his administration, and senior Democratic officials say he intends to name Timothy Geithner as his treasury secretary as soon as Monday.


 

Business News

Citigroup talking to U.S. government as shares dive: source (Reuters)

Pedestrians walk past a Citibank branch in Singapore November 18, 2008. (Vivek Prakash/Reuters)Reuters - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.


General Motors board weighs bankruptcy option: report (Reuters)

General Motors World Headquarters is seen along the Detroit River in Detroit, Michigan, September 17, 2008. (Rebecca Cook/Reuters)Reuters - The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday.