U.S. Top News Late Edition: Wall Street sells off as consumers snap wallets shut

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Good evening Srini, FRI 14 Nov 2008  today's headlines Wall Street sells off as consumers snap wallets shut Obama, Clinton discussed secretary of state job Retail sales in record fall, but sentiment up FDIC, Treasury clash on anti-foreclosure plan Senate to take up auto bailout, Bush offers plan Europe in recession, U.S. in pain as world leaders meet Iraq improving but al Qaeda, Iran still threats: U.S. Shuttle blasts off on space station mission Court to decide anti-Hillary Clinton movie case Wildfire rages in California celebrity enclave   today's videos Bush hosts leaders at White House Hillary Clinton as Sec.of State? Beyond the Group of Seven more details Wall Street sells off as consumers snap wallets shut November 14, 2008 10:07 PM ET NEW YORK (Reuters) - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected. Full Article Obama, Clinton discussed secretary of state job November 14, 2008 10:15 PM ET CHICAGO (Reuters) - U.S. Sen. Hillary Clinton left the door open to becoming secretary of state on Friday, a day after a meeting with President-elect Barack Obama at which a Democratic official said they discussed the job. Full Article Retail sales in record fall, but sentiment up November 14, 2008 10:06 PM ET WASHINGTON (Reuters) - Sales at U.S. retailers suffered a record decline in October as fears of recession sapped spending, but part of the drop was due to slumping gasoline prices which helped buoy consumer confidence. Full Article FDIC, Treasury clash on anti-foreclosure plan November 14, 2008 05:03 PM ET WASHINGTON (Reuters) - A top U.S. banking regulator unveiled a plan on Friday to prevent about 1.5 million foreclosures, breaking ranks with the Bush administration by demanding bailout funds be diverted from banks to consumers. Full Article Senate to take up auto bailout, Bush offers plan November 14, 2008 10:00 PM ET WASHINGTON (Reuters) - The U.S. Senate plans to take up a proposal to bailout distressed automakers, while the White House on Friday warned of partisan gridlock and recommended another route to get billions to Detroit fast. Full Article Europe in recession, U.S. in pain as world leaders meet November 14, 2008 09:34 PM ET NEW YORK (Reuters) - Europe officially fell into recession on Friday and the U.S. economy suffered thousands more layoffs and the biggest retail sales dip on record as world leaders met in Washington to address the worst financial crisis in 80 years. Full Article Iraq improving but al Qaeda, Iran still threats: U.S. November 14, 2008 08:57 PM ET UNITED NATIONS (Reuters) - Violence in Iraq has decreased sharply but al Qaeda, Iranian-backed fighters and other militants remain a serious threat, as this week's bomb attacks showed, Washington's U.N. envoy said on Friday. Full Article Shuttle blasts off on space station mission November 14, 2008 08:31 PM ET CAPE CANAVERAL, Florida (Reuters) - The U.S. space shuttle Endeavour soared off its seaside launch pad on Friday on a mission to upgrade the International Space Station for an expanded six-person crew. Full Article Court to decide anti-Hillary Clinton movie case November 14, 2008 05:48 PM ET WASHINGTON, Nov 14 Reuters - The U.S. Supreme Court agreed on Friday to rule on a new challenge to the federal campaign finance law by a conservative group that wants to broadcast and promote a movie critical of Democratic Sen. Hillary Clinton. Full Article Wildfire rages in California celebrity enclave November 14, 2008 09:53 PM ET MONTECITO, California (Reuters) - A brush fire ravaged the hills above Southern California's upscale Santa Barbara coast for a second night on Friday after roaring through the celebrity enclave of Montecito, injuring at least 13 people and leveling more than 100 homes. 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