Obama pledged change, picks insiders
President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.
Napolitano eyed for Homeland Security
An early Barack Obama supporter from the southwestern part of the country, the former Arizona attorney general is a leading contender for the job of secretary of homeland security.
Global markets extend rout
European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
U.S. shifts its approach in Iraq
With violence down sharply this year, the U.S. military is broadening its efforts to reconcile Sunnis and Shiites.
McDonald's courts moms as emissaries
McDonald's has recruited mothers to go behind the scenes of the company's operations, meet senior executives and then communicate what they see via the Web in a bid to brighten its image.
Retirement dreams give way to despair, anger
A rising number of people have seen their retirement plans evaporate. As 401(k)s dwindle, their dreams of golden years are being replaced by feelings of hopelessness and anger.
Michael Jackson to testify in London
Michael Jackson's lawyer says the pop star has agreed to come to London to respond to a Bahraini sheik's $7 million lawsuit.
Bush to sign legislation to extend jobless aid
Because of the tight job market, the White House says President George W. Bush would sign legislation pending in Congress to further extend unemployment benefits.
Over 1,000 melamine babies still in hospitals
Over a thousand Chinese infants are still in hospital receiving treatment for kidney damage caused by tainted milk, China's Health Ministry said on Thursday, more than two months after the scandal broke.
U.S. jobless claims jump to 16-year high
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
