U.S. Top News Late Edition: Obama aims for smooth transition

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Reuters

Good evening Srini, WED 05 Nov 2008 

today's headlines

Obama aims for smooth transition
Democrat takes Senate seat in Oregon: media
Market sinks on economic gloom as Cisco warns late
Obama victory met with job losses, market mayhem
IMF approves $16.5 bln Ukraine loan, first tranche
Four Senate races still undecided
House seeks quick economic stimulus passage
Election climax drew 71.4 million TV viewers
"Jurassic Park" author Michael Crichton dies at 66
Obama asks Rep. Emanuel to lead White House staff
 

today's videos

more details

Obama aims for smooth transition
November 05, 2008 10:30 PM ET

WASHINGTON (Reuters) - Democrat Barack Obama put aside the victory celebrations on Wednesday and began crafting a White House team to help him lead a country mired in a deep economic crisis and two lingering wars.



Full Article
Democrat takes Senate seat in Oregon: media
November 05, 2008 10:17 PM ET

WASHINGTON (Reuters) - Democrat Jeff Merkley won the closely contested U.S. Senate race in Oregon, defeating incumbent Republican Sen. Gordon Smith, a victory that helps Democrats expand their majority in Congress, the Portland Oregonian reported on Wednesday.



Full Article
Market sinks on economic gloom as Cisco warns late
November 05, 2008 06:49 PM ET

NEW YORK (Reuters) -Stocks plummeted on Wednesday, a day after Barack Obama's historic victory in the U.S. presidential election, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.



Full Article
Obama victory met with job losses, market mayhem
November 05, 2008 09:09 PM ET

NEW YORK (Reuters) - Vanishing jobs and slumping markets confronted Barack Obama on the first day after his historic election as U.S. president, escalating pressure for urgent action to curb the world's relentless financial crisis.



Full Article
IMF approves $16.5 bln Ukraine loan, first tranche
November 05, 2008 08:46 PM ET

WASHINGTON (Reuters) - The International Monetary Fund on Wednesday approved a $16.5 billion loan program for Ukraine that includes monetary and exchange rate policy shifts to ease strains from the global financial crisis.



Full Article
Four Senate races still undecided
November 05, 2008 04:57 PM ET

WASHINGTON (Reuters) - With four razor-close U.S. Senate races yet to be decided, Democrats hoped on Wednesday to further expand their majority in the new Congress and act quickly with President-elect Barack Obama on an ambitious agenda.



Full Article
House seeks quick economic stimulus passage
November 05, 2008 04:13 PM ET

WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi on Wednesday urged passage of at least $61 billion in new economic stimulus funding this month, but said the future of the legislation requires cooperation from Republicans in the Senate and President George W. Bush.



Full Article
Election climax drew 71.4 million TV viewers
November 05, 2008 08:11 PM ET

LOS ANGELES (Reuters) - More than 71 million Americans tuned in to see Tuesday's climax to the historic U.S. presidential campaign on television, far more than watched prime-time returns from the last two White House races, figures released on Wednesday showed.



Full Article
"Jurassic Park" author Michael Crichton dies at 66
November 05, 2008 05:31 PM ET

LOS ANGELES (Reuters) - Best-selling U.S. author Michael Crichton, who wrote such novels as "The Andromeda Strain" and "Jurassic Park" and created the popular TV drama "ER," has died unexpectedly of cancer at age 66, his family said on Wednesday.



Full Article
Obama asks Rep. Emanuel to lead White House staff
November 05, 2008 08:29 PM ET

CHICAGO (Reuters) - U.S. President-elect Barack Obama has asked Illinois congressman Rahm Emanuel to head his White House staff as he moves quickly to fill government jobs in his incoming administration.



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