WASHINGTON (Reuters) – General Motors Corp Chief Executive Rick Wagoner resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the company and its smaller rival Chrysler LLC.
SEOUL (Reuters) – The United States plans to deploy two missile-interceptor ships from South Korea on Monday, a military spokesman said, days ahead of a North Korean rocket launch seen by many as a test of its longest-range missile.
WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner said on Sunday the government will have about $135 billion left after banks give back some bailout money and declined to say whether he will ask Congress for more.
NEW YORK (Reuters) – Second-seeded Michigan State stunned number one Louisville 64-52 to win the Midwest Region and advance to the NCAA Final Four on Sunday.
MIAMI (Reuters) – World number three Jelena Jankovic, eliminated in the second round for the second tournament in a row, said she had lost her confidence after a poor start to the season.
MIAMI (Reuters) – Tiger Woods came from five strokes behind to overhaul fellow American Sean O’Hair and win his 66th PGA Tour title in spectacular style at the Arnold Palmer Invitational in Orlando Sunday.
WASHINGTON (AP) — The government says initial jobless benefit claims rose slightly last week while the number of people continuing to claim benefits set a record for the ninth straight week….
WASHINGTON (AP) — The economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, and probably isn’t doing much better now….
MINNEAPOLIS (AP) — Best Buy, the world’s largest consumer electronics retailer, says fourth-quarter profit fell 23 percent on some charges but adjusted results beat analysts’ estimates as sales climbed on new store openings….