U.S. Top News Late Edition: Prospect for auto bailout dims as Senate races clock

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
Reuters

Good evening Srini, WED 19 Nov 2008 

today's headlines

Prospect for auto bailout dims as Senate races clock
Wall Street sinks to lowest since 2003
Fed signals ready to cut rates amid glum outlook
Obama taps Arizona governor for homeland security: report
California court to hear gay marriage ban case
U.S. probing Golden West lending, sale: prosecutor
Consumer prices, home starts plunge in October
Australia Guantanamo inmate breaks silence
Citigroup stock drops to 13-year low, fear grows
Qaeda scorns Obama with racial slur
 

today's videos

more details

Prospect for auto bailout dims as Senate races clock
November 19, 2008 10:29 PM ET

WASHINGTON (Reuters) - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.

Full Article
Wall Street sinks to lowest since 2003
November 19, 2008 07:38 PM ET

NEW YORK (Reuters) - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline.

Full Article
Fed signals ready to cut rates amid glum outlook
November 19, 2008 07:39 PM ET

WASHINGTON (Reuters) - Federal Reserve officials have pared their outlook for economic growth through 2009 to minimal levels and are prepared to cut interest rates further, while concern has risen that a deflationary spiral may take hold.

Full Article
Obama taps Arizona governor for homeland security: report
November 19, 2008 10:33 PM ET

WASHINGTON (Reuters) - U.S. President-elect Barack Obama's top choice to lead the U.S. Department of Homeland Security is Arizona Gov. Janet Napolitano, CNN reported on Wednesday, citing multiple sources.

Full Article
California court to hear gay marriage ban case
November 19, 2008 09:26 PM ET

SAN FRANCISCO (Reuters) - California's Supreme Court on Wednesday agreed to hear a legal challenge against the state's voter-approved ban on gay marriage and let the ban stand in the meantime.

Full Article
U.S. probing Golden West lending, sale: prosecutor
November 19, 2008 08:30 PM ET

SAN FRANCISCO (Reuters) - The government is investigating if homeowners were misled by California bank and mortgage issuer Golden West Financial, which was acquired by Wachovia Corp -- another possible victim.

Full Article
Consumer prices, home starts plunge in October
November 19, 2008 06:19 PM ET

WASHINGTON (Reuters) - Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep.

Full Article
Australia Guantanamo inmate breaks silence
November 19, 2008 08:34 PM ET

CANBERRA (Reuters) - The only Guantanamo Bay inmate convicted of terrorism offences, Australian David Hicks, has broken his self-imposed silence, calling on police to relax stringent controls over his freedom since his release from jail.

Full Article
Citigroup stock drops to 13-year low, fear grows
November 19, 2008 07:46 PM ET

NEW YORK (Reuters) - Citigroup Inc faced a crisis of confidence on Wednesday as investors questioned the survival prospects of the U.S. banking giant, and its shares tumbled 23 percent to a 13-year low.

Full Article
Qaeda scorns Obama with racial slur
November 19, 2008 06:55 PM ET

WASHINGTON (Reuters) - Al Qaeda's deputy leader accused Barack Obama of betraying his race and his father's Muslim heritage on Wednesday and urged more attacks, as the group tried to counter the incoming U.S. president's global popularity.

Full Article
 
 


Reuters.com.


Reuters.com.







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 RSS Feed | 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

 

0 comments: