Today on Reuters (1/5)
Bailout on the line
Auto executives take their case for a $25 billion industry bailout to Congress, hoping to overcome political opposition from Republicans and the White House. Full Article | Full Coverage
Conflict over TARP
The Treasury Secretary and members of Congress locked horns, with lawmakers demanding money to stem foreclosures and Henry Paulson arguing it was meant for investing in financial companies. Full Article | Full Coverage
Yahoo search is on
Yahoo CEO Jerry Yang will step down as soon as the board finds a replacement, sending shares up on hopes the move will clear the way for a Microsoft deal. Full Article | Video
Piracy crisis in Somalia
Foreign navies are unlikely to be able to stop Somali pirate attacks, making it more important for the world to find a way to end 17 years of conflict on land, experts say. Full Article | Video
Tokyo tops Michelin restaurant guide
Tokyo is once again the world's starriest city, according to Michelin, which predicts that even an economic recession won't dim the allure of good, if pricey, food. Full Article
Nobody for CEO
The best candidate to take over for Jerry Yang as chief executive at Yahoo may be a dealmaker or, to facilitate a Microsoft takeover, nobody at all, writes Eric Auchard.
Commentary
The Great Debate (1/4)
Green New Deal unlikely
A growing chorus is calling for massive public investment in green energy to revive economic growth while fighting climate change. But it may not happen fast enough, writes Paul Taylor. Commentary
Recovery?
Cutting interest rates will be pretty ineffective with this recession, and while you can throw everything you have at saving the banking system, you can't make people and businesses borrow money and put it to work, writes James Saft. Commentary
Lack of resolve
The G20 summit must be considered a disappointing failure, even by the relatively low expectations set for the event, writes John Kemp. Leaders produced a long agenda of further studies, but failed to tackle even the most fundamental decisions. Commentary
Easing begins
Quietly, without fanfare, the Federal Reserve is flooding the market with enough excess liquidity to refloat the banking system in hopes of preventing the economy from falling into a prolonged slump, writes columnist John Kemp. Commentary
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Crisis in Credit
Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map. Full Coverage
Front Row Washington
Track what's going on behind the scenes on Capitol Hill with The First Draft, a daily look at the day's highlights. Blog
Consumer Credit
The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look. Full Coverage
Waning marijuana tolerance
A "weed summit" is being held in the Netherlands to discuss their soft drugs policy and its consequences, with some cities potentially shutting down coffee shops serving marijuana in the coming months.
Paulson defends bailout spending
Nov 18 - Treasury Secretary Henry Paulson said the $700-billion Troubled Asset Relief Program, or TARP, should not be used to purchase so-called toxic assets Play Video
