U.S. Top News Late Edition: U.S. auto execs plead for Congress to fund bailout

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Good evening Srini, TUE 18 Nov 2008  today's headlines U.S. auto execs plead for Congress to fund bailout Lawmakers, Treasury lock horns on foreclosures Obama moves closer to key cabinet pick Democrat claims victory in Alaska Senate race Clinton job for Obama may depend on Bill CEO poll, bets back Fed's Geithner as Treasury pick Washington debates bailout Al Qaeda troubled in Pakistan under leader: expert U.S. commander in Afghanistan has reconciliation plan Yahoo shares soar as Yang agrees to quit CEO post   today's videos Big Three autos plead for help Obama chooses Attorney General Paulson defends bailout spending more details U.S. auto execs plead for Congress to fund bailout November 18, 2008 10:00 PM ET WASHINGTON (Reuters) - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion aid package despite political opposition to another multibillion-dollar government bailout. Full Article Lawmakers, Treasury lock horns on foreclosures November 18, 2008 06:48 PM ET WASHINGTON (Reuters) - Treasury Secretary Henry Paulson and members of Congress clashed on Tuesday over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures. Full Article Obama moves closer to key cabinet pick November 18, 2008 09:26 PM ET CHICAGO (Reuters) - President-elect Barack Obama moved closer to filling a key spot in his cabinet on Tuesday as his transition team plotted a careful course to shaping the next U.S. administration. Full Article Democrat claims victory in Alaska Senate race November 18, 2008 10:27 PM ET ANCHORAGE, Alaska (Reuters) - Democrat Mark Begich claimed victory on Tuesday in the race for an Alaska seat in the U.S. Senate, defeating six-term Republican incumbent Ted Stevens. Full Article Clinton job for Obama may depend on Bill November 18, 2008 09:25 PM ET WASHINGTON (Reuters) - If Sen. Hillary Clinton is to be picked by President-elect Barack Obama as his secretary of state, it may well depend on a review of the business activities of her husband, former President Bill Clinton. Full Article CEO poll, bets back Fed's Geithner as Treasury pick November 18, 2008 06:04 PM ET CHICAGO (Reuters) - Momentum to name Timothy Geithner as the next U.S. Treasury Secretary seems to be building, both among the country's top business executives and bettors with actual skin in the game. Full Article Washington debates bailout November 18, 2008 06:03 PM ET WASHINGTON (Reuters) - The U.S. Treasury defended its handling of the financial bailout on Tuesday as American banking and auto woes reverberated around the globe and the International Monetary Fund said it would need extra funding to help countries through the downturn. Full Article Al Qaeda troubled in Pakistan under leader: expert November 18, 2008 06:32 PM ET WASHINGTON (Reuters) - Al Qaeda is struggling to boost its appeal in Pakistan following President Pervez Musharraf's resignation, a U.S. terrorism expert concludes based on comments by the militant network. Full Article U.S. commander in Afghanistan has reconciliation plan November 18, 2008 10:37 PM ET WASHINGTON (Reuters) - The top commander of NATO and U.S. forces in Afghanistan on Tuesday recommended a plan to stem growing violence by empowering local Afghan leaders, including former Taliban members. Full Article Yahoo shares soar as Yang agrees to quit CEO post November 18, 2008 03:57 PM ET SAN FRANCISCO (Reuters) - Shares of Yahoo Inc soared 10 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp. 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