GM, Chrysler make cuts to hold on for loans

Chrysler and GM need to follow Lee Iacocca's play book now as they try to outlast the debate in Washington over whether they will get billions in government loans.

Stocks leap on treasury speculation

Wall Street put a stop to a terrifying decline and stormed higher as President-elect Obama appeared ready to tap the chief of the N.Y. Federal Reserve as the next treasury secretary.

Sorenstam's LPGA career ends with missed cut

'All of a sudden, the time is here,' Swede says at ADT Championship

Islamists: We'll fight Somali pirates
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.

NYT: Obama tilts to center, inviting a clash of ideas
Barack Obama won the nomination with the hearty support of the left wing of his party. Now, his reported selections for two major Cabinet positions suggest a plan to govern from the center-right.

Bob Jones University apologizes for racist policies
A fundamentalist Christian University has apologized for racist policies including a one-time ban on interracial dating that wasn't lifted until nine years ago and its unwillingness to admit black students until 1971.

Date-rape ‘doctor' they could not convict
Despite all the legal advances of the past three decades, little has changed for women who report a date rape.

N.Y. elementary school renamed for Obama
At the behest of its students, an elementary school near New York City has been renamed after President-elect Barack Obama.

Germany drops attempt to ban Scientology
Germany is dropping its pursuit of a ban on Scientology after finding insufficient evidence of illegal activity, security officials said Friday.