U.S. Top News Late Edition: Obama says will confront economic woes head-on

On your mobile? Click here to view this email in text. If you are having trouble viewing this email or would like to view it in your web browser, CLICK HERE

Good evening Srini, FRI 07 Nov 2008  today's headlines Obama says will confront economic woes head-on Jobless rate at 14-year high as losses continue GM and Ford losses, cash burn dire Palin fires back at leaks questioning her smarts Fifty killed, scores hurt as Haitian school collapses Iraqi forces kill senior al Qaeda leader Paloma strengthens into dangerous storm near Caymans U.S. diplomats meet North Korean on disarmament Iran says EU's Solana wants more nuclear talks New Congo fighting flares, summit urges ceasefire   today's videos Dozens dead in Haiti school collapse Obama's leadership style Obama's Iraq more details Obama says will confront economic woes head-on November 07, 2008 10:23 PM ET CHICAGO (Reuters) - U.S. President-elect Barack Obama said on Friday the United States was facing one of its greatest economic challenges and vowed to confront the crisis head-on as soon as he takes office in January. Full Article Jobless rate at 14-year high as losses continue November 07, 2008 05:49 PM ET WASHINGTON (Reuters) - The unemployment rate shot to a 14-1/2 year high last month as employers slashed jobs by an unexpectedly steep 240,000, suggesting President-elect Barack Obama will face a deep recession when he takes office. Full Article GM and Ford losses, cash burn dire November 07, 2008 07:51 PM ET DETROIT (Reuters) - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the U.S. auto industry. Full Article Palin fires back at leaks questioning her smarts November 07, 2008 07:56 PM ET WASHINGTON (Reuters) - Alaska Gov. Sarah Palin fired back on Friday against post-election claims by aides to Republican presidential candidate John McCain that she thought Africa was a country, not a continent, calling the anonymous sources "jerks." Full Article Fifty killed, scores hurt as Haitian school collapses November 07, 2008 09:11 PM ET PORT-AU-PRINCE (Reuters) - A ramshackle church school collapsed in a shanty town on the outskirts of Haiti's capital on Friday, burying dozens in rubble and killing at least 50, many of them children, rescue workers said. Full Article Iraqi forces kill senior al Qaeda leader November 07, 2008 08:25 PM ET BAGHDAD (Reuters) - Iraqi security forces supported by U.S. firepower killed a senior al Qaeda leader who made car bombs and ran Islamist militant cells throughout northern Iraq, the U.S. military said on Friday. Full Article Paloma strengthens into dangerous storm near Caymans November 07, 2008 07:27 PM ET GEORGE TOWN (Reuters) - Hurricane Paloma strengthened into a dangerously powerful storm in the Caribbean on Friday as it bore down on the wealthy British territory of the Cayman Islands and threatened storm-battered Cuba. Full Article U.S. diplomats meet North Korean on disarmament November 07, 2008 02:18 PM ET WASHINGTON (Reuters) - Senior U.S. diplomats held substantive talks with a North Korean official about moving forward with the process of North Korea abandoning its nuclear programs, the State Department said on Friday. Full Article Iran says EU's Solana wants more nuclear talks November 07, 2008 12:50 PM ET TEHRAN (Reuters) - Iran said Friday EU foreign policy chief Javier Solana had urged the Islamic state to hold fresh talks to remove remaining concerns over its disputed nuclear program, the students' news agency ISNA reported. Full Article New Congo fighting flares, summit urges ceasefire November 07, 2008 07:40 PM ET KIBATI, Congo (Reuters) - Fighting between rebels and the army caused a fresh refugee exodus in east Congo on Friday, and African leaders called for an immediate ceasefire to end a conflict the U.N. said could engulf the Great Lakes region. Full Article     . REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Forward this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers