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U.S. official: India attack may have Pakistan roots (yahoo! news)
AP - Evidence suggests that a group partly based in Pakistan carried out last week's attack in India, U.S. officials said Tuesday, and they also revealed the U.S. had warned the Indian government that terrorists appeared to be plotting an assault on Mumbai.

Israel mourns 6 victims of Mumbai attack (msnbc.com)
Thousands of grief-stricken Orthodox Jews prayed and wept Tuesday before the shrouded bodies of Israelis killed in Mumbai, joining the national mourning in a ceremony broadcast on TV and attended by Israeli leaders.

NBC exclusive: U.S. report details Mumbai attacks (msnbc.com)

U.S.: Mumbai attack has Pakistani ties (msnbc.com)
The U.S. warned India before last week's brutal attacks in Mumbai that terrorists appeared to be plotting a mostly waterborne assault on the city, a senior Bush administration official said Tuesday.

Rice flies to India to ease tension with Pakistan (yahoo! news)
Reuters - U.S. Secretary of State Condoleezza Rice was flying to New Delhi on Tuesday to try to ease tension between India and Pakistan that has surged over the Mumbai attacks and put at risk U.S. counterterrorism efforts in the region.

Rice flies to India to ease tension with Pakistan (reuters)
U.S. Secretary of State Condoleezza Rice was flying to New Delhi on Tuesday to try to ease tension between India and Pakistan that has surged over the Mumbai attacks and put at risk U.S. counterterrorism efforts in the region.

India to Pakistan: Give up terror suspects (msnbc.com)
India picked up intelligence in recent months that Pakistan-based terrorists were plotting attacks against Mumbai targets, an official said Tuesday.

India to Pakistan: Hand over terror suspects (msnbc.com)
India picked up intelligence in recent months that Pakistan-based terrorists were plotting attacks against Mumbai targets, an official said Tuesday.

US official: India knew of plot on Mumbai's coast (yahoo! news)
AP - India received a warning from the United States before last week's attacks in Mumbai that militants were plotting a waterborne assault on the city, a senior U.S. official said Tuesday as domestic intelligence officials said they were aware of a Pakistan-based plot.

Big names make up list of potential Clinton Senate replacements (yahoo! news)
Reuters - New York Gov. David Paterson has famous names to choose from in picking a replacement for Sen. Hillary Clinton, including a Kennedy, a Cuomo and even another Clinton, as in the former president of the United States.

Obama pledges to help states weather recession (yahoo! news)
Reuters - President-elect Barack Obama on Tuesday pledged to help state governors cope with a deepening recession and asked them to help craft a massive stimulus package to create jobs and tackle the crumbling economy.

Clinton for a Clinton? Senate guessing game begins (reuters)
New York Gov. David Paterson has famous names to choose from in picking a replacement for Sen. Hillary Clinton, including a Kennedy, a Cuomo and even another Clinton, as in the former president of the United States.

Obama pledges to help states weather recession (reuters)
President-elect Barack Obama on Tuesday pledged to help state governors cope with a deepening recession and asked them to help craft a massive stimulus package to create jobs and tackle the crumbling economy.

Gates says his Pentagon tenure open-ended (yahoo! news)
Reuters - Secretary of Defense Robert Gates said on Tuesday that he has made an open-ended commitment to remain defense chief under President-elect Barack Obama.

Obama to nominate Richardson for Cabinet (cnn.com)
President-elect Barack Obama plans to nominate New Mexico Gov. Bill Richardson to be secretary of commerce, a Democratic source told CNN on Tuesday.

Official: It's Richardson for Commerce (msnbc.com)
Democratic officials say President-elect Barack Obama plans to name New Mexico Gov. Bill Richardson as his choice for Commerce Secretary on Wednesday.

Obama seeks to assure nervous governors on economy (yahoo! news)
AP - President-elect Barack Obama pledged quick work Tuesday on an economic recovery plan to include tax cuts and increased federal spending, and told the nation's governors he wants their advice in designing a package to help their hard-hit states.

Obama reaches out to governors (msnbc.com)
The president-elect pledged quick work Tuesday on an economic recovery plan to include tax cuts and increased federal spending, and told the nation's governors he wants their advice.

Ruling dissolves Thai government (msnbc.com)
Thailand's prime minister resigned on Tuesday after protests that paralyzed his government and closed the capital's airports. Protesters promised to lift their siege by Wednesday.

Thai court disbands ruling party (yahoo! news)
Reuters - Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring jubilant anti-government protesters to end their blockades of Bangkok's airports.

Thai protests to end after court ousts govt (yahoo! news)
AFP - Thai anti-government activists on Tuesday agreed to end protests that have paralysed Bangkok's airports, after a court stripped Prime Minister Somchai Wongsawat of his post and outlawed the ruling party.

Court Ruling Brings Down Thai Government (abc news)
Ruling accomplishes what protesters could not, dissolving unpopular government.

Thai airports to reopen after government falls (yahoo! news)
AP - Thailand's prime minister was ousted Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.

Thai airport protests to end after court ousts government (yahoo! news)
AFP - Thai anti-government activists on Tuesday agreed to end protests that have paralysed Bangkok's airports, after a court stripped Prime Minister Somchai Wongsawat of his post and outlawed the ruling party.

Thai government falls after court bans premier (yahoo! news)
AP - Thailand's prime minister resigned on Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.

Thai court disbands ruling party (yahoo! news)
Reuters - Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring exultant anti-government protesters to end their blockades of Bangkok's airports.

Thai court disbands ruling party (reuters)
Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring exultant anti-government protesters to end their blockades of Bangkok's airports.

Oil drops 4.7 percent, down $100 from record (reuters)
Oil prices fell nearly 5 percent to below $47 a barrel on Tuesday, down $100 from their peak, driven down by a gloomy economic outlook and news that OPEC made only two-thirds of its pledged supply cuts in November.

Oil slips below $48 on OPEC compliance (yahoo! news)
Reuters - Oil prices fell below $48 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.

Oil slips below $48 on OPEC compliance (reuters)
Oil prices fell below $48 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.

Oil slips below $49 on OPEC compliance (yahoo! news)
Reuters - Oil prices fell below $49 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.

Oil slips below $49 on OPEC compliance (reuters)
Oil prices fell below $49 a barrel on Tuesday as news that OPEC made only two-thirds of its pledged output cuts last month outweighed a rebound in the U.S. stock market.

Oil retreats below $49 as brief rally fades (yahoo! news)
Reuters - Oil fell below $49 a barrel on Tuesday, after reversing early losses in response to a rally in U.S. and European shares.

Oil retreats below $49 as brief rally fades (reuters)
Oil fell below $49 a barrel on Tuesday, after reversing early losses in response to a rally in U.S. and European shares.

Oil back above $49 after early dive (reuters)
Oil rose above $49 a barrel on Tuesday, in response to a rally in U.S. and European shares after heavy losses the previous day.

Oil back above $49 after early dive (yahoo! news)
Reuters - Oil pared losses on Tuesday after an earlier fall to a new 3-1/2-year low below $48 a barrel, weighed down by heavy losses in global stock markets after confirmation that the United States was in recession.

Ga. Senate runoff could decide balance of power (yahoo! news)
AP - Georgia voters had their hands on the balance of power in the next U.S. Senate in a runoff election Tuesday, one of two unresolved races that Democrats need to win to get a 60-seat majority impervious to GOP filibusters. Republican U.S. Sen. Saxby Chambliss faced Democrat Jim Martin after a post-general election campaign that drew national political heavyweights from both parties.

Balance of power hangs on Ga. runoff (msnbc.com)
Georgia voters had their hands on the balance of power in the next U.S. Senate in a runoff election Tuesday, one of two unresolved races that Democrats need to win to get a 60-seat majority.

Georgia votes in key Senate run-off election (yahoo! news)
Reuters - The state of Georgia voted in a run-off election for U.S. Senate on Tuesday that will help decide whether Democrats gain a big enough majority in the chamber to more easily pass their legislation agenda.

Georgia votes in key Senate run-off election (reuters)
The state of Georgia voted in a run-off election for U.S. Senate on Tuesday that will help decide whether Democrats gain a big enough majority in the chamber to more easily pass their legislation agenda.

Balance of power hangs on Ga. runoff (msnbc.com)
Georgia voters are returning to the polls Tuesday to decide one of two unresolved U.S. Senate races that Democrats need to win for a 60-seat majority impervious to GOP filibusters.

Ga. Senate runoff could decide balance of power (yahoo! news)
AP - Georgia voters had their hands on the balance of power in the next U.S. Senate as polls opened Tuesday for a runoff election, one of two unresolved races that Democrats need to win to get a 60-seat majority impervious to GOP filibusters.

Georgia is voting in Senate runoff today (yahoo! news)
AP - Georgia voters returned to the polls Tuesday to decide one of two unresolved U.S. Senate races that Democrats need to win for a 60-seat majority impervious to GOP filibusters.

Ga. runoff could decide balance of power (msnbc.com)
Georgia voters are returning to the polls Tuesday to decide one of two unresolved U.S. Senate races that Democrats need to win for a 60-seat majority impervious to GOP filibusters.

Burress Spends Day at Stadium as NYPD Investigates (abc news)
Burress spends day at Giants Stadium; police looking into Pierce, hospital over shooting

Burress Arrives at Giants Stadium After Shooting (abc news)
Burress arrives at Giants Stadium; police looking into Pierce, hospital over shooting

Burress arrives at Giants Stadium after shooting (yahoo! news)
AP - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.

Burress Arrives at Giants Stadium (abc news)
Burress arrives at Giants Stadium; police looking into Pierce, hospital over shooting

Burress arrives at Giants Stadium, meets with team (foxsports.com)
Plaxico Burress arrived at Giants Stadium on Tuesday, one day after the star receiver was charged with illegal gun possession.He was told by the team to be there because he is on the active roster and injured.Burress accidentally shot himself in the right thigh at a Manhattan nightclub over the weekend. The case has jeopardized his career with the NFL champions, angered the mayor of New York and raised the strong possibility the wide receiver might land in jail.

Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility that his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.

Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress has arrived at Giants Stadium, one day after the star receiver was charged with illegal gun possession.

Burress Posts Bail, Will Appear in Court in March (abc news)
10 months after Super Bowl heroics, Giants wide receiver Plaxico Burress faces weapons charges

Burress posts bail, will appear in court in March (yahoo! news)
AP - It was just 10 months ago that Plaxico Burress became an instant New York sports hero after his clutch performance in the Super Bowl. But on Monday, Burress was hauled out of a police precinct in handcuffs facing two weapons charges that could send him to jail.

McGrady Says He'll Miss 3 Weeks for Knee Rehab (abc news)
Houston star Tracy McGrady says he's out 3 weeks for rehab on injured knee

McGrady Says He'll Miss 3 Weeks With Knee Injury (abc news)
Houston star Tracy McGrady says he'll be out 3 weeks to rehab injured knee

McGrady says he'll miss 3 weeks with knee injury (yahoo! news)
Houston Rockets guard Tracy McGrady says he'll miss three weeks to rehabilitate his sore left knee.

NFL policy on gun possession (yahoo! news)
The NFL policy on gun possession, which applies to all employees of the NFL and its teams, including players and non-players:

NFL playoff picture: If season ended today (foxsports.com)
PLAYOFF PICTURE LINKS: NFL playoff matchups "if season ended today" Who can clinch this weekend? Playoff Dates & Times Complete team-by-team Week 12 scenarios Who can be eliminated this weekend?--> Complete NFL standings NFL Tiebreaker Procedures

Mumme out as New Mexico State coach (yahoo! news)
New Mexico State fired football coach Hal Mumme on Tuesday, ending a four-year run in which the program often ended up in the news for the wrong reasons.

Mumme out as New Mexico State Coach (abc news)
New Mexico State fires Hal Mumme as football coach

Houston Texans defeat Jacksonville Jaguars (yahoo! news)
The Houston Texans defeated the Jacksonville Jaguars 30-17 in the Texans' first game on the nationally televised Monday Night Football broadcast since the franchise began in 2002.

Williams, Slaton Lead Texans Past Jags 30-17 (abc news)
Youth is served for Texans as Williams, Slaton shine in 30-17 win over slumping Jaguars

Slaton, Texans roll past Jaguars for MNF win (foxsports.com)

Johnson's TD Gives Texans a 10-0 Lead Over Jaguars (abc news)
Johnson's TD catch, Brown's 38-yard field goal give the Texans a 10-0 lead over the Jaguars

Johnson's TD gives Texans a 10-0 lead over Jaguars (yahoo! news)
AP - Sage Rosenfels threw a 31-yard touchdown pass to Andre Johnson, Kris Brown kicked a 38-yard field goal and the Houston Texans led the Jacksonville Jaguars 10-0 after the first quarter on Monday night.

LIVE: Jaguars, Texans look to salvage season (foxsports.com)

Britney Spears: More Interesting than Barack Obama? (yahoo! news)
Just when you thought she had disappeared into relative obscurity, Britney Spears is back. On Yahoo's recently-released list of the top 10 searches of 2008, Britney Spears takes the cake. In this election year, Spears managed to beat out president-elect Barack Obama, who came in at number 3, as the most sought-after search topic of the past year.

Ahead of the Bell: Analyst cuts Yahoo price target (yahoo! news)
Jefferies analyst Youssef Squali cut his price target on Yahoo Inc.'s shares Tuesday morning, due to slower growth in overall online ad spending.

Britney Spears tops Yahoo searches (yahoo! news)
AP - She did it again: Britney Spears was the most popular search term on Yahoo for the fourth year in a row � her seventh time topping the list.

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.

FCC to mull free Internet plan (msnbc.com)
The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a proposal staunchly opposed by the cell phone industry.

FCC to mull free Internet plan (yahoo! news)
Reuters - The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a proposal staunchly opposed by the cell phone industry.

Nokia unveils N97 touch screen phone (msnbc.com)
Nokia Oyj, the world's largest mobile phone maker, unveiled its flagship N97 model smartphone on Tuesday, which drew a lukewarm response from analysts.

GE ready to play defense (latest financial new...)
General Electric shares rallied more than 13% Tuesday after executives vowed to preserve the company's dividend and work to maintain its triple-A credit rating - a designation that keeps GE's borrowing costs lower than almost any company in corporate America and gives it a significant advantage over its competition.

Stocks rebound after GE keeps dividend (yahoo! news)
Reuters - Stocks snapped back on Tuesday from the previous session's huge losses after General Electric , a global bellwether, lifted optimism by pledging to leave its dividend intact in a tough economy.

Shares rebound with confidence boost from GE (yahoo! news)
Reuters - Stocks snapped back on Tuesday after General Electric , a global bellwether, lifted optimism by pledging to leave its dividend intact in a fragile economy.

GE to trim finance arm, plans job cuts (yahoo! news)
Reuters - General Electric Co plans to scale back its hefty finance arm and cut jobs across its range of businesses as it braces for what it expects to be a worsening economic environment next year, executives said.

Stocks rise on financials, energy, GE (yahoo! news)
Reuters - Stocks rose on Tuesday as investors scooped up beaten-down shares after Monday's sell-off and news that bellwether General Electric would keep its dividend unchanged in a tough economy.

GE expects to hit low-end of 4Q guidance (yahoo! news)
General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.4 billion as it starts to shrink its struggling GE Capital finance arm next year because of the ongoing credit crisis.

GE and autos ignite Wall Street (yahoo! news)
Reuters - Stocks rose on Tuesday as investors snapped up beaten-down shares after Monday's steep sell-off and news that General Electric would maintain its dividend helped buoy sentiment.

DealBook: G.E. Damps Down Earnings Expectations (nyt > business)
General Electric said that it expects fourth-quarter profit to be at the low end of its previous guidance and warned that restructuring and other charges were likely to top $1 billion after taxes.

GE expects to hit low-end of 4Q guidance (yahoo! news)
General Electric Co. says it expects fourth quarter earnings to be near the low end of its previous guidance.

Wall Street rebounds sharply after big drop (yahoo! news)
AP - In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more than 3 percent.

Wall Street wavers after big previous-session drop (yahoo! news)
AP - Investors returned cautiously to the stock market Tuesday, wary about the downtrodden economy while trying to recoup some of the ground in the previous session's enormous decline. The major indexes fluctuated in late afternoon trading after giving up a big early advance.

Wall Street cuts gains after grim GM sales (yahoo! news)
Reuters - Stocks sharply pared gains on Tuesday after General Motors Corp posted a 41 percent slide in November auto sales, compounding investors' worries about the fate of the embattled U.S. auto industry.

Wall Street rallies on GE and financials (yahoo! news)
Reuters - Stocks rallied on Tuesday as bargain hunters snatched up beaten down shares after Monday's steep sell-off, buttressed by news that General Electric would maintain its dividend.

Wall Street recovers some ground (latest stock market ...)
Stocks surged Tuesday afternoon as investors scooped up shares hit in the previous session's selloff - and kept an eye on the latest news from the automaker and financial sectors.

Wall Street opens higher after Monday's losses (yahoo! news)
Reuters - Stocks rose 1 percent at the open on Tuesday as investors snapped up beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.

Wall Street extends gains on autos and GE (yahoo! news)
Reuters - Stocks extended gains on Tuesday, sending the Dow and S&P 500 up more than 2 percent as investors grew optimistic about a rescue for the U.S. auto industry.

Wall Street set for rebound on bargain search (yahoo! news)
Reuters - Stocks headed for a rebound at Tuesday's opening as investors went in search for beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.

Wall Street hopes support Europe stocks (latest financial new...)
Read full story for latest details.

Stocks briefly cut gains after grim GM sales (yahoo! news)
Reuters - Stocks pared gains and the Dow industrials briefly turned negative on Tuesday after General Motors Corp posted a 41 percent slide in November auto sales, compounding investors' worries about the embattled U.S. auto industry.

Stocks struggle higher (latest financial new...)
Wall Street muscled higher Tuesday afternoon, giving up bigger session gains, after GM and Ford said sales plunged in November and oil prices fell to fresh 3-1/2 year lows.

Stocks bounce back after steep selloff (yahoo! news)
AP - Wall Street rebounded Tuesday, regaining some of the ground lost in the previous session's huge drop, as the potential for a bailout of the beleaguered auto industry helped calm investors. The Dow Jones industrials rose more than 225 points, regaining a third of Monday's nearly 680-point plunge.

Stocks bounce back after steep selloff (yahoo! news)
AP - Wall Street rebounded Tuesday, regaining some of the ground lost in the previous session's huge drop, as the potential for a bailout of the beleaguered auto industry helped calm investors. The Dow Jones industrials rose about 250 points, regaining more than a third of Monday's nearly 680-point plunge.

Stocks rally after rout (latest financial new...)
Stocks rallied Tuesday morning as investors scooped up shares hit in the previous session's selloff, in which the Dow lost 680 points on worries about the economy.

Stocks in bounceback mode (latest stock market ...)
Stocks bounced Tuesday morning, as investors scooped up shares hit in the previous session's big selloff, when the Dow industrials plunged 680 points.

Stocks ready to bounce back (latest financial new...)
U.S. stocks were poised to rebound Tuesday, a day after the Dow industrials took a 680-point dive.

Stocks ready to bounce back (latest financial new...)
U.S. stocks were poised for a rebound Tuesday, a day after the Dow industrials took a 680-point dive.

Stocks fall sharply 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.

British Airways targets Qantas merger (yahoo! news)
AFP - British Airways said Tuesday it was "exploring a potential merger" with Australian rival Qantas Airways as part of a broad tie-up in the struggling aviation sector.

British Airways in merger talks with Qantas (yahoo! news)
Reuters - British Airways is in merger talks with Australia's Qantas , it said on Tuesday, adding to various attempts at consolidation in an industry desperate to cut costs in the global economic downturn.

British Airways in merger talks with Qantas (yahoo! news)
British Airways PLC said Tuesday it is in talks with Australia's Qantas Airways Ltd. about a potential merger, sending its shares soaring as it confirmed expectations of consolidation in the hard-hit aviation industry.

British Airways in Talks With Qantas (nyt > business)
The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia Airlines.

BA in merger talks with Qantas (latest financial new...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed tuestday.

BA talks merger with Qantas (business and financi...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed Tuesday.

BA in merger talks with Qantas (business and financi...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed Tuesday.

European stocks close higher on US rally (yahoo! news)
AP - European stocks closed higher Tuesday, tracking a U.S. rally that recovered some of the previous day's sharp losses. Asian markets closed lower earlier in the day.

Sears suffers 3Q loss on weak US, Kmart sales (yahoo! news)
AP - Sears Holdings Corp. said Tuesday that hefty charges and poor results at its U.S. stores lead to a worse-than-expected third-quarter loss, and the already struggling retailer withdrew its operating profit outlook because of the nation's recession.

Sears suffers 3Q loss on weak US, Kmart sales (yahoo! news)
AP - Hefty charges and poor results at its U.S. stores led Sears Holdings Corp. to post a bigger-than-expected loss for the third quarter on Tuesday, and the struggling retailer withdrew its operating profit outlook because of the nation's recession.

Sears suffers 3Q loss on weak US, Kmart sales (yahoo! news)
AP - Sears Holdings Corp. said Tuesday hefty charges and weak results at its U.S. department stores and Kmart locations drove it to post a much wider-than-expected third-quarter loss, and the retailer withdrew its operating profit outlook due to the severe economic downturn.

Oil falls to 3-year low on bleak US economic news (yahoo! news)
AP - Oil prices fell to a 3-year low below $48 a barrel Tuesday as more bleak U.S. economic news and plunging stock markets darkened investor expectations for energy demand.

Stock futures point to higher Wall Street start (yahoo! news)
Reuters - Stock futures pointed to a higher start on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones industrial average and Nasdaq up 1.4-1.6 percent.

Global markets drop after U.S. plunge (latest financial new...)
Global stock indexes fell Tuesday, led by sharp declines in Asia, a day after Wall Street swooned upon confirmation that the U.S. is in a recession.

Gloom returns to Asia on Wall Street's plunge (yahoo! news)
AP - Gloom and volatility returned to Asian markets Tuesday as investors dumped stocks following huge overnight losses on Wall Street and dismal U.S. economic reports revived fears of a global recession. Oil prices fell to three-year lows.

Economic slump and spending woe sink Wall Street (yahoo! news)
Reuters - Stocks slid on Monday as news pointing to the deepening economic slump around the world punctured last week's market enthusiasm, with financial services companies and retailers among Wall Street's biggest casualties.