Today on Reuters (1/5)
Citi weighs its options
Citigroup is looking at options, including selling parts of the company or a merger with another firm, after its stock fell 50 percent this week, a source familiar with the matter says. Full Article | Full Coverage
Auto bailout ultimatum
Democrats seeking to salvage a bailout of the Big Three automakers, are demanding executives provide a business survival plan in exchange for their support of up to $25 billion. Full Article | Full Coverage
Oil dives below $50
Oil plunged below $50 a barrel as battered financial markets reflected ever lower confidence in the world economy and evidence mounted of falling fuel demand. Full Article
No growth until late '09
The economy will not grow until the third quarter of 2009 and is currently shrinking much more sharply than previously expected as the recession tightens its grip, a Reuters poll shows. Full Article | Full Coverage
Obama eyes governor for Homeland Security
Barack Obama is considering Arizona Gov. Janet Napolitano to head the sprawling agency formed to bolster civil defense in the wake of the 9/11 attacks. Full Article | Full Coverage
Clothes and ketchup
Retailer Ann Taylor and ketchup maker H.J. Heinz report earnings but the spotlight remains on the potential for an automaker bailout. Factbox
The Great Debate (1/4)
Biofuels run into trouble
Despite a promising start, the U.S. experiment with renewable fuels is facing serious challenges next year, intensifying existing pressures on ethanol distillers and farmers, writes John Kemp. Commentary
Don’t junk the auto industry
The auto industry is everyone’s favorite whipping boy, and its problems have been growing for decades, but we cannot blithely accept its failure as somehow inevitable or deserved, writes Eugene Ludwig. Commentary
Petrodollar drought blow to banks
Banks in Europe and Britain, and their unfortunate would-be borrowers, face another blow as plunging oil prices tighten the spigot of petrodollar deposits, writes James Saft. Commentary
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
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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
A million years of nuclear planning
Columnist Bernd Debusmann asks if the EPA is engaging in scientific fantasy by setting impossible hurdles over nuclear waste. Commentary
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
Life without a home
World leaders and advocacy groups are shedding light on homelessness as citizens watch the economy weaken.Paulson on defense
Nov. 20 - Treasury Secretary Paulson defended his response to the financial crisis and said the government had all the necessary tools to prevent a collapse Play Video
