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Obama wins, says "change has come to America"
WASHINGTON (Reuters) - Democrat Barack Obama captured the White House on Tuesday after an extraordinary two-year campaign, defeating Republican John McCain to make history as the first black U.S. president.
U.S. elects Obama as world gripped by economic crisis
HONG KONG (Reuters) - Barack Obama's convincing win in the U.S. presidential election ends a source of uncertainty for global investors but does not change the grim realities facing the world economy.
McCain concedes election, promises to help Obama
PHOENIX (Reuters) - Republican John McCain congratulated Democrat Barack Obama for winning the U.S. presidency on Tuesday, saying 'the American people have spoken' and promising to help his former rival address the country's many challenges.
Bush calls Obama to congratulate him on win
WASHINGTON (Reuters) - President George W. Bush on Tuesday called Democrat Barack Obama to congratulate him on winning the presidential election, the White House said, adding that Bush invited him and his family to visit to the White House soon.
Democrats gain one U.S. statehouse
CHICAGO (Reuters) - Democrats captured a governor's seat from Republicans in Missouri on Tuesday but most of the 11 U.S. gubernatorial contests ended with no change in party control.
Big foreign policy challenges await Obama
CHICAGO (Reuters) - Newly-elected U.S. president Barack Obama will face a daunting array of foreign policy challenges, from wars in Afghanistan and Iraq and the global financial crisis to the need to shore up the country's frayed international image.
Black Americans celebrate Obama's victory
ATLANTA (Reuters) - In churches and bars, on the street and in private homes, African Americans celebrated the historic victory of Democrat Barack Obama in the U.S. presidential race with cheers and tears on Tuesday.
Obama says "change has come to America"
CHICAGO (Reuters) - President-elect Barack Obama told cheering supporters on Tuesday 'change has come to America' and called on Americans to back a spirit of unity to attack the country's pressing challenges.
Obama sweeps to victory as first black president
AP - Barack Obama swept to victory as the nation's first black president Tuesday night in an electoral college landslide that overcame racial barriers as old as America itself. 'Change has come,' he told a jubilant hometown Chicago crowd estimated at nearly a quarter-million people.
Democrats expand control of Senate by five seats
AP - Democrats fattened their majority control of the Senate on Tuesday, ousting Republican Sens. Elizabeth Dole of North Carolina and John Sununu of New Hampshire and capturing seats held by retiring GOP senators in Virginia, New Mexico and Colorado.
Democrats expand House lead with broad gains
AP - Democrats expanded their control of the House and pushed for historic gains in their majority Tuesday by solidifying their dominance in the Northeast and making inroads in the South and West.
Democrats gain gov. seat; NC elects 1st woman gov.
AP - Jubilant Democrats celebrated wins in two open gubernatorial races Tuesday — in North Carolina, which elected its first woman governor, and in Missouri where a Democrat replaced a Republican.
Israeli officials report rocket barrage from Gaza
AP - Israeli rescue services Wednesday reported a 'massive' cross-border rocket barrage by Palestinian militants from the Gaza Strip — hours after an Israeli air strike in the first major exchange of fire since a truce took effect in June.
Agents ponder beating possible tax increase
AP - Looking ahead to an Obama administration, some baseball agents already are thinking about trying to beat a possible tax increase for their well-paid clients.
U.S. elects Obama as world gripped by economic crisis
Reuters - Barack Obama's convincing win in the U.S. presidential election ends a source of uncertainty for global investors but does not change the grim realities facing the world economy.
McCain concedes election, promises to help Obama
Reuters - Republican John McCain congratulated Democrat Barack Obama for winning the U.S. presidency on Tuesday, saying 'the American people have spoken' and promising to help his former rival address the country's many challenges.
Democrats gain one U.S. statehouse
Reuters - Democrats captured a governor's seat from Republicans in Missouri on Tuesday but most of the 11 U.S. gubernatorial contests ended with no change in party control.
Big foreign policy challenges await Obama
Reuters - Newly-elected U.S. president Barack Obama will face a daunting array of foreign policy challenges, from wars in Afghanistan and Iraq and the global financial crisis to the need to shore up the country's frayed international image.
Black Americans celebrate Obama's victory
Reuters - In churches and bars, on the street and in private homes, African Americans celebrated the historic victory of Democrat Barack Obama in the U.S. presidential race with cheers and tears on Tuesday.
World tunes in to see Obama win historic US election
AFP - From the bars of London to the small Japanese town of Obama, it seemed like the whole world tuned in Wednesday to see Barack Obama win one of the most anticipated US presidential races for decades.
Global shares gain as Obama wins presidency
HONG KONG (Reuters) - Asian shares hit a three-week high and the dollar extended gains as Barack Obama became the next U.S. president, ending uncertainty about who will lead the world's largest economy in the midst of great financial peril.
McCain vows to help Obama
PHOENIX (Reuters) - Republican John McCain congratulated Democrat Barack Obama for winning the U.S. presidency on Tuesday, saying 'the American people have spoken' and promising to help his former rival address the country's many challenges.
Troops hope Obama brings them home responsibly
BAGHDAD (Reuters) - Watching election results that showed Barack Obama would be their new commander-in-chief, U.S. soldiers in Iraq said they hoped he would fulfill his promise to bring them home quickly and responsibly.
Obama now under pressure to fill big jobs fast
WASHINGTON (Reuters) - President-elect Barack Obama has no time to waste.
Obama makes history; turns to sobering challenges
AP - His name etched in history as America's first black president, Barack Obama turned from the jubilation of victory to the sober challenge of leading a nation worried about economic crisis, two unfinished wars and global uncertainty.
Democrats expand control of Senate by 5 seats
AP - Democrats fattened their majority control of the Senate on Tuesday, ousting Republican Sens. Elizabeth Dole of North Carolina and John Sununu of New Hampshire and capturing seats held by retiring GOP senators in Virginia, New Mexico and Colorado.
Democrats expand House majority with broad gains
AP - Democrats expanded their control of the House and were headed for historic gains in their majority Tuesday by solidifying their dominance in the Northeast and making inroads in the South and West.
Analysis: Now comes the hard part
AP - Audacity won.
McCain concedes, acknowledges historic achievement
AP - With a gracious nod to Barack Obama, John McCain acknowledged defeat and urged his supporters to move beyond partisan differences to put country first — an echo of his campaign theme.
Tears and traffic jams greet Obama's victory
AP - They danced in the streets, wept, lifted their voices in prayer and brought traffic to a standstill. From the nation's capital to Los Angeles, Americans celebrated Barack Obama's victory and marveled that they lived to see the day that a black man was elected president.
Asian stock markets rise as US elects Obama
AP - Asian stock markets rose Wednesday, tracking solid overnight gains on Wall Street, as uncertainty about the next leader of the world's largest economy was lifted with Democrat Barack Obama's elevation to the U.S. presidency.
Ray Allen leads Celtics 103-99 win over Rockets
AP - Boston's Big 3 outplayed Houston's trio of stars Tuesday night. Ray Allen scored 29 points, Kevin Garnett added 14 points and 11 rebounds and the Celtics shut down Ron Artest and Yao Ming in a 103-99 victory over the Rockets.
Obama wins, says "change has come to America"
Reuters - Democrat Barack Obama captured the White House on Tuesday after an extraordinary two-year election campaign, defeating Republican John McCain to make history as the first black U.S. president.
Global shares gain as Obama wins presidency
Reuters - Asian shares hit a three-week high and the dollar extended gains as Barack Obama became the next U.S. president, ending uncertainty about who will lead the world's largest economy in the midst of great financial peril.
McCain vows to help Obama
Reuters - Republican John McCain congratulated Democrat Barack Obama for winning the U.S. presidency on Tuesday, saying 'the American people have spoken' and promising to help his former rival address the country's many challenges.
Troops hope Obama brings them home responsibly
Reuters - Watching election results that showed Barack Obama would be their new commander-in-chief, U.S. soldiers in Iraq said they hoped he would fulfill his promise to bring them home quickly and responsibly.
Obama now under pressure to fill big jobs fast
Reuters - President-elect Barack Obama has no time to waste.
World hails Obama's 'brilliant' victory
AFP - World leaders on Wednesday quickly hailed the triumph of Barack Obama in the US presidential election as the start of a new era but there were also calls for a new deal with the global superpower.
Obama urged to shape new economic order
LONDON (Reuters) - Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order and lead the world out of its worst financial crisis since the 1930s.
Abortion bans lose, Florida stops gay marriage
SAN FRANCISCO (Reuters) - U.S. voters firmly rejected two state proposals to limit abortion rights on Tuesday, undermining an attempt to force the issue to the U.S. Supreme Court.
Democratic majorities stronger, tougher
AP - The Democratic congressional majority grew broader and more muscular in Tuesday's historic elections, with new members ousting Republicans in the House and Senate and a team of their own heading to the White House.
Obama turns to task of building administration
AP - After eight years of Republican rule, Barack Obama turned Wednesday to the task of building a Democratic administration to lead the country out of war and into the financial recovery that he promised.
Democrats win 7 of 11 contested governorships
AP - Democrats celebrated the re-election of Washington state's Gov. Chris Gregoire and wins in two open gubernatorial contests, including the election of the first woman governor of North Carolina.
MLB agents ponder beating possible tax increase
AP - Looking ahead to an Obama administration, some baseball agents already are thinking about trying to beat a possible tax increase for their well-paid clients.
Obama urged to shape new economic order
Reuters - Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order and lead the world out of its worst financial crisis since the 1930s.
Global stocks ebb as economic reality clouds Obama win
LONDON (Reuters) - European stocks retreated on Wednesday, arresting six straight days of global equity gains and offsetting Asia's early rally, as investors refocused on the economic problems facing new U.S. president-elect Barack Obama.
Russia to station missiles near Poland
MOSCOW (Reuters) - Russian President Dmitry Medvedev pledged on Wednesday to station new missiles near Poland's border in response to U.S. plans for an anti-missile system and proposed extending the presidential term to six years from four.
Triumphant Obama turns to sobering challenges
AP - His name etched in history as America's first black president, Barack Obama turned from the jubilation of victory to the sobering challenge of leading a nation worried about economic crisis, two unfinished wars and global uncertainty.
California gay marriage vote still undecided
AP - A proposed ban on same-sex marriage in California — widely seen as the most momentous of the 153 ballot measures at stake nationwide — remained undecided early Wednesday.
Karzai demands Obama end civilian deaths
AP - Afghan President Hamid Karzai on Wednesday demanded that President-elect Barack Obama put an end to civilian casualties as villagers said U.S. warplanes bombed a wedding party, killing 37 people, including 23 children and 10 women.
Europe's markets take profits on Obama win
AP - European stock markets opened lower Wednesday despite gains in Asia, as investors booked some profits after Senator Barack Obama won the U.S. presidential election and the Democrats took a firmer grip on Congress.
Obama rides wind of change to historic victory
Reuters - Barack Obama rode a wave of voter discontent to a historic White House victory, promising change as the first black U.S. president but facing enormous challenges from a deep economic crisis and two lingering wars.
Global stocks ebb as economic reality clouds Obama win
Reuters - European stocks retreated on Wednesday, arresting six straight days of global equity gains and offsetting Asia's early rally, as investors refocused on the economic problems facing new U.S. president-elect Barack Obama.
Obama elected America's first black president
AFP - Barack Obama swept to an historic election victory that made him America's first black president but pleaded for time to heal and transform the global superpower.
Obama rides wind of change to historic victory
WASHINGTON (Reuters) - Barack Obama rode a wave of voter discontent to an historic White House victory, promising change as the first black U.S. president but facing enormous challenges from a deep economic crisis and two lingering wars.
Global stocks mostly steady as Obama takes White House
LONDON (Reuters) - Global stock markets, which have surged more than 20 percent in just over a week, clung to those gains on Wednesday as investors assessed the economic problems facing U.S. president-elect Barack Obama and the international fallout of a new administration.
California set to pass Prop 8 ban on gay marriage
SAN FRANCISCO (Reuters) - Two U.S. states rejected proposals to limit abortion rights while others said no to gay marriage, in a mixed message over contentious social issues as Americans elected their first black president.
President-elect Obama faces daunting challenges
AP - His name etched in history as America's first black president-elect, Barack Obama turned Wednesday from the jubilation of victory to the sobering challenge of leading a nation worried about economic crisis, two unfinished wars and global uncertainty.
New Congress turns more -- much more -- Democratic
AP - Democrats broadened their control of Congress in Tuesday's elections, though in the Senate they fell short of the 60 votes needed for a filibuster-proof majority that would have given them almost unbridled power over legislation.
Coleman edges Al Franken in Minn. Senate race
AP - Republican Norm Coleman outlasted Democrat Al Franken in one of Minnesota's tightest Senate elections ever, squeaking past the former comedian early Wednesday by a margin that appeared certain to trigger a recount.
Obama's victory met with tears and traffic jams
AP - Crowds danced in the streets, wept, lifted their voices in prayer and brought traffic to a standstill. From the nation's capital to Atlanta to Los Angeles, Americans celebrated Barack Obama's victory and marveled that they lived to see the day that a black man was elected president.
Stocks tumble as investors shift focus to economy
AP - Stocks are down in early trading, as Wall Street focuses on the troubled economy following Barack Obama's election to the White House. The Dow is down about 152 points, or 1.59 percent, to the 9,472 level. Broader market indexes are also down more than 1.5 percent.
Global stocks mostly steady as Obama takes White House
Reuters - Global stock markets, which have surged more than 20 percent in just over a week, clung to those gains on Wednesday as investors assessed the economic problems facing U.S. president-elect Barack Obama and the international fallout of a new administration.
California set to pass Prop 8 ban on gay marriage
Reuters - Two U.S. states rejected proposals to limit abortion rights while others said no to gay marriage, in a mixed message over contentious social issues as Americans elected their first black president.
US elects Obama as its first black president
AFP - Barack Obama swept to an historic victory as America's first black president, but pleaded for time to heal and transform the superpower as he faced up Wednesday to the task of forging his promised change.
Obama win met with urgent call for global action
LONDON/NEW YORK (Reuters) - Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order to lead the world out of its worst financial crisis since the 1930s.
Democrats win big prizes in state legislatures
CHICAGO (Reuters) - Democrats won some big prizes in U.S. state legislative elections, gaining control of chambers in New York, Wisconsin, Ohio, Delaware and Nevada, a bipartisan group said on Wednesday.
Americans joyous, worried after Obama victory
CINCINNATI (Reuters) - Americans woke with joy, cautious optimism and frank worry on Wednesday after the historic win by Democrat Barack Obama, who went from long shot to president-elect on the promise of change.
Obama to begin intelligence briefings
AP - Barack Obama will begin receiving highly classified briefings from top intelligence officials Thursday, as the rush of his campaign gives way to intensive preparations to take over as commander in chief and build a Democratic administration.
Alaska Sen. Ted Stevens holds slim lead
AP - With his political future uncertain, a weary Alaska Sen. Ted Stevens, looking at bit deflated, left a gathering of supporters to go home and get some sleep. With 96 percent of precincts reporting, Stevens — the longest serving Republican in the history of the Senate — led Tuesday with 48 percent of the vote compared to 47 percent for two-term Anchorage Mayor Mark Begich, a Democrat.
Google pulls out of Yahoo advertising partnership
AP - Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce.
After historic win, Obama looks to future
Reuters - Barack Obama pivoted on Wednesday from the glow of a historic White House victory to the daunting challenge of leading a country mired in a deep economic crisis and two lingering wars.
Obama win met with urgent call for global action
Reuters - Political leaders urged U.S. President-elect Barack Obama on Wednesday to help forge a new economic order to lead the world out of its worst financial crisis since the 1930s.
Democrats win big prizes in state legislatures
Reuters - Democrats won some big prizes in U.S. state legislative elections, gaining control of chambers in New York, Wisconsin, Ohio, Delaware and Nevada, a bipartisan group said on Wednesday.
Americans joyous, worried after Obama victory
Reuters - Americans woke with joy, cautious optimism and frank worry on Wednesday after the historic win by Democrat Barack Obama, who went from long shot to president-elect on the promise of change.
World hails Obama's victory, urges change of tack
AFP - World leaders hailed Barack Obama's triumph Wednesday in the US presidential election as the dawn of a new era and called for the global superpower to change the way it does business.
After historic win, Obama looks to future
WASHINGTON (Reuters) - Democrat Barack Obama pivoted on Wednesday from the glow of a historic White House victory to the daunting challenge of leading a country mired in a deep economic crisis and two lingering wars.
Obama victory met with calls for global action
NEW YORK (Reuters) - President-elect Barack Obama stepped into his new role on Wednesday facing calls for urgent action to stem the global financial crisis as he was hit with gloomy news about U.S. jobs.
House seeks quick economic stimulus passage
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi on Wednesday urged passage of at least $61 billion in new economic stimulus funding this month, but said the future of the legislation requires the cooperation of Republicans in the Senate and President George W. Bush.
NYC Mayor can't afford $400 property tax rebates
NEW YORK (Reuters) - New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue.
Karzai says air strike kills 40 in Afghanistan
KABUL (Reuters) - Afghan President Hamid Karzai said on Wednesday an air strike by coalition forces earlier this week killed some 40 civilians and wounded about 28 in Kandahar province.
Obama turns to building a presidency
AP - His storied election behind him and weighty problems in his face, Barack Obama turned Wednesday to the task of building an administration in times of crisis as Americans and the world absorbed his history-shattering achievement as the first black leader ascending to the presidency.
In momentous vote, California approves gay-marriage ban
AP - In an election otherwise full of liberal triumphs, the gay rights movement suffered a stunning defeat as California voters approved a ban on same-sex marriages that overrides a recent court decision legalizing them.
'Jurassic Park' author Michael Crichton dies of cancer at age 66
AP - The family of Michael Crichton, the million-selling author of such historic and prehistoric science fantasies as 'Jurassic Park,' 'Timeline' and 'The Andromeda Strain,' says the author has died in Los Angeles.
Stocks fall as investors ponder Obama presidency
AP - A case of post-election nerves sent stocks lower Wednesday as investors began questioning what impact a Barack Obama presidency will have on business and the overall economy. The Dow Jones industrials fell more than 300 points and the major indexes all fell more than 3 percent.
Lions might start Culpepper 5 days after signing
AP - Quarterback Daunte Culpepper took a step toward making his Detroit Lions debut in haste.
Obama victory met with calls for global action
Reuters - President-elect Barack Obama stepped into his new role on Wednesday facing calls for urgent action to stem the global financial crisis as he was hit with gloomy news about U.S. jobs.
House seeks quick economic stimulus passage
Reuters - U.S. House of Representatives Speaker Nancy Pelosi on Wednesday urged passage of at least $61 billion in new economic stimulus funding this month, but said the future of the legislation requires the cooperation of Republicans in the Senate and President George W. Bush.
NYC Mayor can't afford $400 property tax rebates
Reuters - New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue.
President-elect Obama faces daunting tasks ahead
AFP - Barack Obama was Wednesday set to begin shaping his White House team, facing a barrage of daunting global and domestic challenges after sweeping to victory as America's first black president.
Karzai urges end to civilian casualties
AFP - Afghanistan's president said on Wednesday that around 40 villagers died this week in international air strikes targeting militants, as he urged Barack Obama to end civilian casualties in the 'war on terror'.
Stocks stumble as economy overshadows election
NEW YORK (Reuters) - Stocks fell on Wednesday as worries about the weakening global economy returned to center stage just a day after the historic U.S. presidential election.
Four Senate races still undecided
WASHINGTON (Reuters) - With four razor-close U.S. Senate races yet to be decided, Democrats hoped on Wednesday to further expand their majority in the new Congress and act quickly with President-elect Barack Obama on an ambitious agenda.
Latinos turn out in force for Obama: exit poll
PHOENIX (Reuters) - U.S. Hispanics turned out in force to vote for Democrat Barack Obama on Tuesday, contributing to his wins in key battleground states in the Southwest and Florida, exit polls showed.
"Jurassic Park" author Michael Crichton dies
LOS ANGELES (Reuters) - Best-selling author Michael Crichton, who wrote such novels as 'The Andromeda Strain' and 'Jurassic Park' and created the popular TV drama 'ER,' has died unexpectedly at age 66, his family said on Wednesday.
Thousands flee Congo clashes, Goma ceasefire holds
KIWANJA, Congo (Reuters) - Thousands of civilians fled fighting in eastern Congo on Wednesday that shook a week-old ceasefire while plans were announced for a summit of Great Lakes leaders on Friday to try to end the conflict.
Democrats gain even more power in Congress
AP - Democrats broadened their control of Congress in Tuesday's elections, though in the Senate they fell short of the 60 votes needed for a filibuster-proof majority that would have given them almost unbridled power over legislation.
Obama to begin receiving intelligence briefings
AP - Barack Obama will begin receiving highly classified briefings from top intelligence officials Thursday, as the rush of his campaign gives way to intensive preparations to take over as commander in chief and build a Democratic administration. The briefings typically last 45 minutes to an hour, but Obama's initial one is expected to be longer.
'Jurassic Park' author Michael Crichton dies at 66
AP - Michael Crichton, the million-selling author who made scientific research terrifying and irresistible in such thrillers as 'Jurassic Park,' 'Timeline' and 'The Andromeda Strain,' has died of cancer, his family said. Crichton died Tuesday in Los Angeles at age 66 after privately battling cancer.
Yahoo's fate unclear as Google abandons ad deal
AP - Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce.
Market tumbles as economy overshadows election
Reuters - Stocks fell on Wednesday in a rapidly accelerating sell-off late in the session as worries about the weakening global economy returned to center stage just a day after the historic U.S. presidential election.
Four Senate races still undecided
Reuters - With four razor-close U.S. Senate races yet to be decided, Democrats hoped on Wednesday to further expand their majority in the new Congress and act quickly with President-elect Barack Obama on an ambitious agenda.
Latinos turn out in force for Obama: exit poll
Reuters - U.S. Hispanics turned out in force to vote for Democrat Barack Obama on Tuesday, contributing to his wins in key battleground states in the Southwest and Florida, exit polls showed.
"Jurassic Park" author Michael Crichton dies
Reuters - Best-selling author Michael Crichton, who wrote such novels as 'The Andromeda Strain' and 'Jurassic Park' and created the popular TV drama 'ER,' has died unexpectedly of cancer at age 66, his family said on Wednesday.
Obama carries heavy burden after landslide win
AFP - US president-elect Barack Obama Wednesday confronted the economic and military enormity of what lies ahead as the planet rejoiced in America's election of its first black commander-in-chief.
Obama aims for smooth transition
WASHINGTON (Reuters) - Democrat Barack Obama put aside the victory celebrations on Wednesday and began crafting a White House team to help him lead a country mired in a deep economic crisis and two lingering wars.
Obama victory met with urgent calls, feeble market
NEW YORK (Reuters) - U.S. President-elect Barack Obama stepped into his new role on Wednesday facing calls for urgent action to stem the global financial crisis as he was hit with gloomy news about U.S. jobs and the service sector.
Market sinks on economic gloom; Cisco warns late
NEW YORK (Reuters) -Stocks plummeted on Wednesday, a day after Barack Obama's historic victory in the U.S. presidential election, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.
"Jurassic Park" author Michael Crichton dies at 66
LOS ANGELES (Reuters) - Best-selling U.S. author Michael Crichton, who wrote such novels as 'The Andromeda Strain' and 'Jurassic Park' and created the popular TV drama 'ER,' has died unexpectedly of cancer at age 66, his family said on Wednesday.
Obama win does not end racism, activists say
ATLANTA (Reuters) - The election of Barack Obama as the first black U.S. president should help revive America's image abroad as a land of opportunity for all.
Obama asks Rep. Emanuel to lead White House staff
CHICAGO (Reuters) - U.S. President-elect Barack Obama has asked Illinois congressman Rahm Emanuel to head his White House staff as he moves quickly to fill government jobs in his incoming administration.
NYC mayor: Can't afford $400 property tax rebates
NEW YORK (Reuters) - New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue.
Obama picks Clinton alum Emanuel chief of WH staff
AP - President-elect Barack Obama pivoted quickly to begin filling out his new administration on Wednesday, selecting hard-charging Illinois Rep. Rahm Emanuel as White House chief of staff while aides stepped up the pace of transition work that had been cloaked in pre-election secrecy.
Great expectations: Obama will have to deliver
AP - Over and over, Barack Obama told voters if they stuck with him 'we will change this country and change the world.' They did, and now their expectations for him to deliver are firmly planted on his shoulders. Many supporters greeted his victory with euphoria.
Stocks plunge as investors ponder Obama presidency
AP - A case of postelection nerves sent Wall Street plunging Wednesday as investors absorbed a stream of bad economic news and wondered how a Barack Obama presidency will help the country weather a possibly severe recession. Volatility returned to the market, with the Dow Jones industrials falling nearly 500 points and all the major indexes tumbling more than 5 percent.
Russia to deploy short-range missiles near Poland
AP - Russia will deploy short-range missiles near Poland to counter U.S. military plans in Eastern Europe, President Dmitry Medvedev warned Wednesday, setting a combative tone that clashed with global goodwill over Barack Obama's election.
Minnesota Senate race heads into automatic recount
AP - A slugfest for nearly two years, Minnesota's U.S. Senate race headed into a new round Wednesday as the campaigns girded for an automatic statewide recount to determine whether Republican Sen. Norm Coleman's bare lead over Democratic challenger Al Franken would stand.
Jogger runs mile with rabid fox locked on her arm
AP - Authorities in Arizona say a jogger attacked by a rabid fox ran a mile with the animal's jaws clamped on her arm and then drove herself to a hospital. The Yavapai County sheriff's office said the woman told deputies she was on a trail near Prescott on Monday when the fox attacked and bit her foot.
Greg Maddux adds to record with 18th Gold Glove
AP - Age is no issue for Greg Maddux when it comes to fielding his position. The 42-year-old pitcher won his record 18th Gold Glove on Wednesday while outfielder Shane Victorino of the World Series champion Philadelphia Phillies was among five first-time winners in the National League.
Obama aims for smooth transition
Reuters - Democrat Barack Obama put aside the victory celebrations on Wednesday and began crafting a White House team to help him lead a country mired in a deep economic crisis and two lingering wars.
Obama victory met with urgent calls, feeble market
Reuters - U.S. President-elect Barack Obama stepped into his new role on Wednesday facing calls for urgent action to stem the global financial crisis as he was hit with gloomy news about U.S. jobs and the service sector.
Market sinks on economic gloom; Cisco warns late
Reuters - NEW YORK (Reuters) -Stocks plummeted on Wednesday, a day after Barack Obama's historic victory in the U.S. presidential election, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.
"Jurassic Park" author Michael Crichton dies at 66
Reuters - Best-selling U.S. author Michael Crichton, who wrote such novels as 'The Andromeda Strain' and 'Jurassic Park' and created the popular TV drama 'ER,' has died unexpectedly of cancer at age 66, his family said on Wednesday.
Obama win does not end racism, activists say
Reuters - The election of Barack Obama as the first black U.S. president should help revive America's image abroad as a land of opportunity for all.
Market sinks on economic gloom as Cisco warns late
NEW YORK (Reuters) -Stocks plummeted on Wednesday, a day after Barack Obama's historic victory in the U.S. presidential election, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.
Obama victory met with job losses, market mayhem
NEW YORK (Reuters) - Vanishing jobs and slumping markets confronted Barack Obama on the first day after his historic election as U.S. president, escalating pressure for urgent action to curb the world's relentless financial crisis.
Election night draws 71.4 million TV viewers
LOS ANGELES (Reuters) - Some 71.4 million Americans watched prime-time television coverage of U.S. election night on Tuesday, a 21 percent increase from the presidential election in 2004, according to ratings released on Wednesday.
Democrats say McCain can help mediate standoffs
AP - Before resting from the grueling presidential race, John McCain began discussing with senior aides what role he will play in the Senate now that he has promised to work with the man who defeated him for president.
Gay activists jarred by California marriage defeat
AP - In a heartbreaking defeat for the gay-rights movement, California voters put a stop to gay marriage, creating uncertainty about the legal status of 18,000 same-sex couples who tied the knot during a four-month window of opportunity opened by the state's highest court.
106-year-old Atlanta woman basks in Obama tribute
AP - At age 106, Ann Nixon Cooper doesn't usually stay awake past midnight. But on Election Night she had special reason to do so: She was waiting for Barack Obama to mention her name. Cooper, one of the oldest voters for the nation's first black president, had been tipped off by the Obama campaign that she would be mentioned in his acceptance speech. Toward the end, she got her moment.
Bonaduce divorce final: Monthly payments $16K
AP - A Los Angeles judge has signed off on the amicable end to Danny Bonaduce's nearly 18-year marriage. Bonaduce will pay $16,000 a month to his ex-wife, Gretchen, for spousal and child support. The former couple will retain joint custody of their children, who are 14 and 7 years old.
Maddux gets 18th Gold Glove; Victorino gets first
AP - Age is no issue for Greg Maddux when it comes to fielding his position. The 42-year-old pitcher won his record 18th Gold Glove on Wednesday while outfielder Shane Victorino of the World Series champion Philadelphia Phillies was among five first-time winners in the National League.
Market sinks on economic gloom as Cisco warns late
Reuters - NEW YORK (Reuters) -Stocks plummeted on Wednesday, a day after Barack Obama's historic victory in the U.S. presidential election, as a fresh batch of dismal economic data underscored the massive challenges awaiting his administration.
Obama victory met with job losses, market mayhem
Reuters - Vanishing jobs and slumping markets confronted Barack Obama on the first day after his historic election as U.S. president, escalating pressure for urgent action to curb the world's relentless financial crisis.
IMF approves $16.5 billion loan for Ukraine
Reuters - The International Monetary Fund on Wednesday approved a $16.5 billion loan program for Ukraine to restore confidence and bolster the country's economy shaken by the global financial crisis.
Election night draws 71.4 million TV viewers
Reuters - Some 71.4 million Americans watched prime-time television coverage of U.S. election night on Tuesday, a 21 percent increase from the presidential election in 2004, according to ratings released on Wednesday.
President-elect Obama gets to work on transition
AFP - Barack Obama on Wednesday put the first building blocks in place for his administration as rejoicing reverberated around the world after his election as the first black US president.
IMF approves $16.5 bln Ukraine loan, first tranche
WASHINGTON (Reuters) - The International Monetary Fund on Wednesday approved a $16.5 billion loan program for Ukraine that includes monetary and exchange rate policy shifts to ease strains from the global financial crisis.
Schwarzenegger to seek 90-day stays on foreclosures
SAN FRANCISCO (Reuters) - California Gov. Arnold Schwarzenegger will ask lawmakers to back legislation imposing 90-day stays on home foreclosures as part of an economic stimulus package, state officials said on Wednesday.
Election climax drew 71.4 million TV viewers
LOS ANGELES (Reuters) - More than 71 million Americans tuned in to see Tuesday's climax to the historic U.S. presidential campaign on television, far more than watched prime-time returns from the last two White House races, figures released on Wednesday showed.
Lucci eliminated from 'Dancing with the Stars'
AP - Susan Lucci's story line on 'Dancing with the Star' has come to an end.
IMF approves $16.5 bln Ukraine loan, first tranche
Reuters - The International Monetary Fund on Wednesday approved a $16.5 billion loan program for Ukraine that includes monetary and exchange rate policy shifts to ease strains from the global financial crisis.
Schwarzenegger to seek 90-day stays on foreclosures
Reuters - California Gov. Arnold Schwarzenegger will ask lawmakers to back legislation imposing 90-day stays on home foreclosures as part of an economic stimulus package, state officials said on Wednesday.
Election climax drew 71.4 million TV viewers
Reuters - More than 71 million Americans tuned in to see Tuesday's climax to the historic U.S. presidential campaign on television, far more than watched prime-time returns from the last two White House races, figures released on Wednesday showed.
Democrats gain sixth new Senate seat
WASHINGTON (Reuters) - Democrat Jeff Merkley defeated Republican Sen. Gordon Smith in Oregon, the Portland Oregonian projected on Wednesday, to further expand Democrats' majority in the new Congress that convenes in January.
Yahoo's Yang says Microsoft deal still best option
SAN FRANCISCO (Reuters) - After nearly a year spent seeking alternatives to Microsoft Corp's buyout offer, Yahoo Inc's Chief Executive Jerry Yang said he believes a deal between the two is still the best option for the beleaguered Internet company.
Report: Dems gain sixth new Senate seat in Oregon
Reuters - Democrat Jeff Merkley defeated Republican Sen. Gordon Smith in Oregon, the Portland Oregonian projected on Wednesday, to further expand Democrats' majority in the new Congress that convenes in January.
Yahoo's Yang says Microsoft deal still best option
Reuters - After nearly a year spent seeking alternatives to Microsoft Corp's buyout offer, Yahoo Inc's Chief Executive Jerry Yang said he believes a deal between the two is still the best option for the beleaguered Internet company.
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