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Panel warns biological attack likely by 2013 (yahoo! news)
The United States can expect a terrorist attack using nuclear or more likely biological weapons before 2013, reports a bipartisan commission in a study being briefed Tuesday to Vice President-elect Joe Biden. It suggests the Obama administration bolster efforts to counter and prepare for germ warfare by terrorists.

Obama taps Clinton, Gates for US 'new dawn' abroad (yahoo! news)
AP - Barack Obama promised "a new dawn of American leadership" in a troubled world Monday, announcing a strong-willed national security team headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush.

Obama names Clinton, Gates to lead foreign policy (yahoo! news)
Reuters - President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.

Obama picks Gates, Clinton for foreign policy team (yahoo! news)
AP - Barack Obama announced a national security team Monday headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush � striking choices by a president-elect who declared he wanted "strong personalities and strong opinions."

Obama names Clinton, Gates to lead foreign policy (reuters)
President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.

Britney Spears more popular than Barack Obama on Yahoo searches (bbc news)
The singer, Britney Spears, has beaten Barack Obama to top spot in the world of internet search during 2008, Yahoo says.

Obama announces Clinton, Gates for Cabinet (yahoo! news)
AP - Barack Obama announced a national security team Monday headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush � striking choices by a president-elect who declared he wanted "strong personalities and strong opinions."

Bill Clinton mentioned for wife's Senate seat (cnn.com)
After eight years as senator from New York, Hillary Clinton is trading places, moving from Congress to the incoming administration.

Hawkish Obama names Clinton as top diplomat (yahoo! news)
AFP - Barack Obama on Monday nominated Hillary Clinton to be his "tough," "smart" secretary of state as his former foe vowed to give her all to steer America through a storm of international crises.

India demands Pakistan act decisively over attack (reuters)
India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension.

Source: U.S. warned India of maritime attack (cnn.com)
The U.S. warned India's government about a potential maritime attack on Mumbai at least a month before last week's massacre left 179 dead, a U.S. counterterrorism official says. Since the attacks, India made clear it believes they originated in Pakistan, but the government is under pressure to explain the lapse of security that allowed the siege to occur.

Mumbai attack puts focus on Pakistan (msnbc.com)
The militant group blamed for the Mumbai attacks has roots in the disputed Kashmir region where Pakistan's military has faced off against India for decades.

Clinton's India ties may complicate Obama policy (yahoo! news)
AP - The close ties with India that Secretary of State-nominee Hillary Rodham Clinton forged during her years as a U.S. senator and presidential candidate could complicate diplomatic perceptions of her ability to serve as a neutral broker between India and its nuclear neighbor, Pakistan.

Bergen: How U.S. should respond on Mumbai (cnn.com)
A captured suspect in the Mumbai attacks has told police that he is Pakistani, Indian officials say. CNN's sister station, CNN-IBN, reports that the alleged terrorist said he was trained by Lashkar-e-Tayyiba, a Pakistan-based terror group that opposes India over the disputed Kashmir region.

India demands Pakistan act decisively on Mumbai attack (yahoo! news)
Reuters - India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension.

India demands Pakistan act decisively on Mumbai attack (reuters)
India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension.

India demands strong action from Pakistan (yahoo! news)
AP - India demanded Monday that Pakistan take "strong action" against those behind the deadly Mumbai attacks, and Washington pressured Islamabad to cooperate with the investigation.

India: Pakistan must take 'strong action' (msnbc.com)
India formally demanded that Pakistan take "strong action" against the people behind the Mumbai attacks.

Dow drops nearly 680 on consumer spending worries (yahoo! news)
AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.

Dow closes nearly 700 points down (yahoo! news)
AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.

Stocks slide as economy, Bernanke raise fears (reuters)
Stocks tumbled on Monday as news pointing to the deepening economic slump around the world erased much of last week's sharp gains, with financial services companies and retailers among Wall Street's biggest casualties.

Dow loses 679.95 as economy, Bernanke revive fear (yahoo! news)
Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week's sharp gains, with banks and retailers among Wall Street's biggest casualties.

Dow plummets nearly 8 percent (msnbc.com)
The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging, hurtling the Dow down nearly 700 points.

Dow plunges about 679 on consumer spending worries (yahoo! news)
AP - A litany of bad economic news has snuffed out Wall Street's five-day rally, sending stocks falling sharply as investors realized anew how troubled the U.S. economy really is. Confirmation that the nation is in a recession followed reports of only a modest gain in holiday shopping sales, and that prompted investors to begin unloading stocks. Downbeat data on manufacturing and construction spending added to the market's gloom.

Dow closes down more than 600 points (yahoo! news)
AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.

Dow closes nearly 700 points down (yahoo! news)
AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.

Dow closes down more than 600 points (yahoo! news)
AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 600 points and erasing a huge chunk of last week's big gains. All the major indexes fell more than 7 percent.

Bomb kills one at Thai airport, court case looms (yahoo! news)
Reuters - A bomb blast killed an anti-government protester and wounded 22 at Bangkok's blockaded Don Muang airport on Tuesday, hours before a vote fraud case that could deal a crippling blow to the government.

Thai PM unable to quell crisis (msnbc.com)
An explosion killed one anti-government protester and wounded 22 others at Bangkok's blockaded Don Muang airport on Tuesday, an emergency services official said.

Thai airport blast kills activist (bbc news)
A blast kills at least one Thai anti-government protester and wounds 20 others at Bangkok's Don Mueang airport, officials say.

Bomb kills one at Thai airport, court ruling looms (yahoo! news)
Reuters - A bomb blast killed an anti-government protester and wounded 22 at Bangkok's blockaded Don Muang airport on Tuesday, hours before the ruling in a vote fraud case that could deal a crippling blow to the government.

Bomb kills one at Thai airport, court ruling looms (reuters)
A bomb blast killed an anti-government protester and wounded 22 at Bangkok's blockaded Don Muang airport on Tuesday, hours before the ruling in a vote fraud case that could deal a crippling blow to the government.

Bomb blast kills one and wounds 22 at Bangkok airport (yahoo! news)
Reuters - A bomb blast killed one anti-government protester and wounded 22 others at Bangkok's blockaded Don Muang airport on Tuesday, an emergency services official said.

Bomb blast kills one and wounds 22 at Bangkok airport (reuters)
A bomb blast killed one anti-government protester and wounded 22 others at Bangkok's blockaded Don Muang airport on Tuesday, an emergency services official said.

It's official: U.S. has been in recession since Dec. '07 (yahoo! news)
AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER � a private, nonprofit research organization � said its group of academic economists who determine business cycles met and decided that the U.S. recession began last December.

U.S. in recession as Europe debates spending hikes (yahoo! news)
Reuters - The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.

U.S. in recession as Europe debates spending hikes (reuters)
The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.

US recession 'began last year' (bbc news)
The US recession began in December 2007, according to the National Bureau of Economic Research.

Panel says US has been in recession since Dec. '07 (yahoo! news)
AP - A panel of the National Bureau of Economic Research says the U.S. economy fell into a recession last year.

Slump hits world industry (yahoo! news)
Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.

Slump hits world industry (reuters)
European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.

Economic slump hits world industry (yahoo! news)
Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.

Global recession rocks Asian and European industry (yahoo! news)
Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and U.S. retailers slashed prices to lure shoppers as recession took a grip.

Struggling Patriots focus on immediate future (yahoo! news)
New England Patriots players are spending little time thinking about next year's game in London that was announced Monday. They're more concerned with the long trip they'll make in the other direction.

Patriots and Bucs to play at Wembley in 2009 (yahoo! news)
The NFL will return to London next year with two of its top teams when the New England Patriots face the Tampa Bay Buccaneers.

Patriots set for Wembley (bbc sport)
New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.

Pats to battle Bucs in London in 2009 (foxsports.com)
The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.The game will be played Oct. 25. The Bucs will be listed as the home team, giving up a game in Tampa."Over the past two years, we have seen first-hand the excitement that exists for our sport in the UK," NFL commissioner Roger Goodell said Monday in a statement.

Pats to play Bucs in London in 2009 (yahoo! news)
The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.

Patriots and Bucs to play at Wembley in 2009 (yahoo! news)
The Tampa Bay Buccaneers will face the New England Patriots when the NFL returns to London next year, the league said on Monday.

Patriots set for Wembley fixture (bbc sport)
New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.

Plax hit with weapon charge; Pierce under scrutiny (foxsports.com)
Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.

Police investigating hospital in Burress shooting (yahoo! news)
AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.

Giants' Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress planned to plead not guilty to a weapon possession charge at a court appearance Monday, two days after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Police investigating hospital in Burress shooting (yahoo! news)
AP - Authorities investigating Plaxico Burress' accidental shooting say they are looking into what roles his teammate Antonio Pierce and the hospital that treated Burress played in the incident.

Burress arrives at police station, turns himself in (foxsports.com)
Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Burress arrives at station to turn himself in (foxsports.com)
Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Giants WR Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Giants' Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress arrived at a police station early Monday morning, where he was expected to be charged after accidentally shooting himself in the right thigh.

Giants can handle the loss of Burress (foxsports.com)
Plaxico Shmaxico. The Giants won't suffer from losing their star WR because they do several things well, Jimmy Johnson says.

AP NewsBreak: Armstrong to race in 2009 Tour (yahoo! news)
AP - Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year.

Armstrong opts to ride 2009 Tour (bbc sport)
Lance Armstrong will attempt to win the Tour de France for an eighth time as the American cyclist confirms he will ride in the 2009 race.

AP NewsBreak: Armstrong to race in 2009 Tour (yahoo! news)
Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year.

AP NewsBreak: Armstrong to Race in 2009 Tour (abc news)
AP NewsBreak: Armstrong to ride in 2009 Tour, ending speculation he might skip top race

Lance will ride in 2009 Tour de France (foxsports.com)
Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year."I'm committed to riding for the best guy," Armstrong said Monday, acknowledging the taxing schedule could leave him riding in a supporting role in France. Armstrong's Astana team includes 2007 Tour winner Alberto Contador and is loaded with other talented riders.

NFL star arrested on gun charge (abc sport)
New York Giants star receiver Plaxico Burress was arrested overnight on charges of illegal firearms possession after accidentally shooting himself at a nightclub.

Burress posts $100K bail on weapons charges (foxsports.com)
Plaxico Burress has appeared in court on weapons possession charges stemming from an accidental shooting at a Manhattan nightclub.Manhattan Criminal Court Judge Felicia Mennin set bail at $100,000 and ordered Burress to return March 31.Defense lawyer Benjamin Brafman argued for no bail, saying: "He has 35 million reasons to come back to court" - referring to his $35 million contract with the Giants.

Giants receiver Burress faces criminal gun charges (yahoo! news)
Reuters - New York Giants wide receiver Plaxico Burress faced charges of criminal possession of a handgun on Monday following an apparent accidental shooting in a Manhattan nightclub, prosecutors said.

Burress appears in court, has bail set at $100,000 (yahoo! news)
AP - Taken to court in handcuffs, Plaxico Burress posted $100,000 bail on weapons possession charges Monday as a frenzy grew around the case of the Giants star receiver who accidentally shot himself in a nightclub.

Burress appears in court; bail set at $100K (foxsports.com)
Plaxico Burress has appeared in court on weapons possession charges stemming from an accidental shooting at a Manhattan nightclub.Manhattan Criminal Court Judge Felicia Mennin set bail at $100,000 and ordered Burress to return March 31.Defense lawyer Benjamin Brafman argued for no bail, saying: "He has 35 million reasons to come back to court" - referring to his $35 million contract with the Giants.

Burress arrives at station to turn himself in (foxsports.com)
Plaxico Burress arrived at a police station early Monday morning, where he was expected to be charged after accidentally shooting himself in the right thigh.

Week 13 NFL roundup (foxsports.com)
Plaxico Burress sure didn't seem like a distraction for the Giants, who didn't miss a beat vs. the 'Skins without their wayward WR.

Burress No Distraction as Giants Drop 'Skins 23-7 (abc news)
Plaxico Burress no distraction as Giants roll over 'Skins 23-7; Eli Manning passes 305 yards

Follow all the Week 13 action (foxsports.com)
Plaxico Burress sure didn't seem like a distraction for the Giants, who didn't miss a beat vs. the 'Skins without their wayward WR.

Clemson: Swinney to head football team (yahoo! news)
Clemson is sticking with Dabo Swinney, giving the Tigers' interim coach a five-year contract Monday to replace former boss Tommy Bowden.

Clemson Official: Swinney to Stay on as Coach (abc news)
Clemson official tells AP that interim football coach Dabo Swinney will take over program

Report: Swinney to stay on as Clemson coach (foxsports.com)
A Clemson University official close to the school's football program says interim coach Dabo Swinney will become the Tigers' permanent coach.The official spoke on condition of anonymity Monday morning because an official announcement has yet to be made.Athletic director Terry Don Phillips was expected to introduce Swinney as head coach later Monday.Swinney took over as interim coach Oct. 13 when Tommy Bowden resigned.

Clemson official: Swinney to stay on as coach (yahoo! news)
Interim coach Dabo Swinney will become Clemson's permanent coach, according to a school official close to the football program.

Clemson Source: Swinney to Stay on as Coach (abc news)
Clemson source tells AP that interim football coach Dabo Swinney will take over program

Britney more popular than Obama (bbc news)
The singer, Britney Spears, has beaten Barack Obama to top spot in the world of internet search during 2008, Yahoo says.

Britney Spears is queen of Yahoo searches in 2008 (yahoo! news)
AFP - Britney Spears reigns supreme in online searches at Yahoo this year despite an historic US presidential election and a global financial crisis.

Virgin Media taps Yahoo for mobile Internet search (yahoo! news)
AFP - British telecommunications titan Virgin Media announced on Monday that it will use Yahoo oneSearch to power Internet exploration for its mobile service customers.

Spears, wrestling, Obama lead Yahoo top 10 searches (yahoo! news)
Reuters - Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo reported on Monday.

Spears, wrestling, Obama lead Yahoo top 10 searches (yahoo! news)
Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo reported on Monday.

Britney Spears, Obama lead Yahoo top searches (msnbc.com)
Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo Inc reported on Monday.

Microsoft and Yahoo Dismiss Report of Search Deal (yahoo! news)
Microsoft and Yahoo have dismissed a report that they're once again in discussions to sell Yahoo's online search business for $20 billion.

Music going the way of the Web (msnbc.com)
Digital music sales account for 18 percent of the U.S. music market and that figure will grow to 41 percent in five years, Forrester Research said in a report released on Monday.

U.S. in recession, Europe backs spending hikes (reuters)
The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn.

Fortune telling big Internet business in Japan (msnbc.com)
An Internet firm specializing in crystal balls, tarot readings, I-ching and horoscopes is raking in business as Japanese seek reassurance about the future in the midst of a global financial crisis.

Fortune telling is big business for Japan Web firm (yahoo! news)
Reuters - An Internet firm specializing in crystal balls, tarot readings, I-ching and horoscopes is raking in business as Japanese seek reassurance about the future in the midst of a global financial crisis.

Oil drops 9 percent to $49 as OPEC defers cuts (yahoo! news)
Reuters - Oil plunged more than 9 percent to $49 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend.

It's official: US has been in a recession all year (yahoo! news)
AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

Panel says US has been in recession since Dec. '07 (yahoo! news)
AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER � a private, nonprofit research organization � said its group of academic economists who determine business cycles met and decided that the U.S. recession began last December.

Oil drops below $50 (latest stock market ...)
Oil prices fell back below $50 a barrel Monday, to its lowest level in more than 3-1/2 years, after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

Oil tumbles below $50 as recession is called (yahoo! news)
AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007.

Oil tumbles below $50 as recession called (yahoo! news)
AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007.

Oil drops below $50 (business and financi...)
Oil prices fell back below $50 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

Dollar mired in economic woes (latest financial new...)
The dollar gained against the euro and the British pound Monday after a slew of dismal economic reports and official word that the U.S. economy has been in a recession since December 2007.

Oil drops 9 percent to below $50 as OPEC defers cuts (yahoo! news)
Reuters - Oil plunged more than 9 percent to below $50 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend.

Nikkei down sharply after U.S. plunge (latest financial new...)
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It's official: US has been in a recession all year (yahoo! news)
AP - It's official. The U.S. economy has been in a recession for the past year.

AP IMPACT: They warned us, but US eased loan rules (yahoo! news)
AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

U.S. economy under considerable stress, Bernanke says (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

QLT to spend $50M US to repurchase stock (cbc)
qlt

U.S. dollar down 2.6% to 93.13 Japanese yen (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

U.S. recession began in December 2007, NBER says (marketwatch.com)
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

It's official: US is in recession (yahoo! news)
The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

China hopes talks with US boost coordination (yahoo! news)
AP - The global financial crisis is overshadowing U.S.-Chinese trade tensions as Cabinet ministers from the two sides meet this week for talks on the long-range growth of one of the world's most important economic relationships.

Oil drops after OPEC defers production cut (latest financial new...)
Oil prices fell more than $4 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

Oil drops after OPEC defers cuts (latest stock market ...)
Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.

Oil drops, OPEC defers production cut (world business news)
Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.

Oil drops 8 percent to below $50 as OPEC defers cuts (yahoo! news)
Reuters - Oil plunged more than 8 percent to below $50 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend.

Oil prices fall after Opec stalls (bbc news)
Oil prices drop more than $3 after producers' group Opec declined to cut output at its weekend meeting.

Oil falls below $51 as OPEC doesn't cut output (yahoo! news)
AP - Oil prices fell over 6 percent Monday, to below $51 a barrel, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday and on more evidence the global economic slowdown will hurt demand for crude.

Oil drops after OPEC defers production cut (latest financial new...)
Oil prices fell nearly $4 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

Oil falls under $51 after OPEC defers output cut (yahoo! news)
Reuters - Oil fell more than $3 to below $51 a barrel on Monday after OPEC decided to wait until mid-December to make a further cut in output to try to defend sagging prices.

Oil prices drop (business and financi...)
Oil prices fell more than $3 a barrel Monday after OPEC said it would wait until its next scheduled meeting in mid-December to take action against falling prices.

Ford weighs selling Volvo amid industry downturn (yahoo! news)
AP - Ford Motor Co. is considering selling Volvo Car Corp. as the U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.

Ford weighs selling Volvo amid industry downturn (yahoo! news)
AP - Ford Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.

Ford weighs selling Volvo amid industry downturn (yahoo! news)
AP - Ford Motor Co. is considering selling Volvo Car Corp. as the beleagured U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.

Ford says it may sell Volvo division (cbc)
Ford Motor Company is considering selling Volvo Car Corporation to raise badly needed cash in the face of declining sales and an increasingly gloomy global economic outlook.

Ford weighs selling Volvo amid industry downturn (yahoo! news)
AP - Ford Motor Co. is considering selling Volvo Car Corp. as the struggling U.S. automaker seeks to raise cash and weather a global automotive sales crisis.

Ford weighs selling Volvo amid industry downturn (yahoo! news)
AP - Ford Motor Co. says it is considering selling Volvo Car Corp. as the struggling U.S. automaker seeks to raise cash and weather the industry crisis.

Ford may sell Volvo (latest financial new...)
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Stocks slide as Bernanke confirms economic stress (yahoo! news)
Reuters - Stocks tumbled on Monday as economic reports showing further evidence of the worsening global economic climate were backed up in comments from Federal Reserve Chairman Ben Bernanke.

Fed may cut rates further, Bernanke says (cbc)
The U.S. central bank may cut interest rates from the current level one per cent, Federal Reserve chairman Ben Bernanke said.

Bernanke: lower interest rates are "feasible" (yahoo! news)
AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.

Bernanke: Economic weakness to continue (latest financial new...)
Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will continue for some time, even if the government's efforts to boost lending help restore the credit markets to normal.

Wall Street stays near lows on Bernanke comments (yahoo! news)
Reuters - Stocks stayed near session lows on Monday after Federal Reserve Chairman Ben Bernanke said that the U.S. economy remained under considerable stress.