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Rep. Rahm Emanuel, D-Ill., speaks at the Democratic National Convention in Denver. President-elect Barack Obama selected Emanuel to be chief of his White House staff. (Photo by Paul Sancya / AP)

Dow tumbles below 9,000

Stocks slumped with the Dow-Jones Average losing around 474 points, as fears of a prolonged recession sent investors running for the exits.

CNNMoney

Pani indicted for theft of $1 billion trade secrets about new computer chip

While working at Intel, Biswamohan Pani stole top-secret chip design documents from Intel, according to an FBI affidavit.

ABC News

'Sharp-elbowed' Rahm Emanuel to be Obama's White House chief of staff

U.S. Rep. Rahm Emanuel, D-Ill., a fierce and consummate navigator of the capital's political terrain, accepted President-elect Barack Obama's offer to become his White House chief of staff.

Bloomberg

Obama and Bush to meet next week to discuss key issues

BBC

Emanuel accepts offer

MSNBC

Short list for Obama's cabinet

CBS News

Schwarzenegger proposes tax increases, employee furloughs

Calif. Gov. Arnold Schwarzenegger called for a temporary 1.5-cent state sales tax to help close an $11.2 billion budget deficit.

Sacramento Bee

Schwarzenegger looks to raise sales tax

YouTube

Ahmadinejad welcomes Obama change

Iranian President Mahmoud Ahmadinejad congratulated President-elect Obama, the first time an Iranian leader offered such wishes since the 1979 Islamic Revolution.

CNN

POLITICS

NBC: Obama apparent winner in N.C.

President-elect Obama won the close vote in North Carolina, a triumph in a state that had not voted for a Democrat for president in more than a generation.

MSNBC

In Ohio, a hard-fought battle won by Pres.-elect Obama's volunteer army

Its ranks flush with thousands of volunteers from as far afield as Oregon, Texas, Guam and Maine, the Obama campaign claimed a hard-fought victory in Ohio.

International Herald Tribune

MORE POLITICS

Oregon Democrat Merkley joins Senate

"This is the beginning of a transformational change for America," Senator-elect Jeff Merkley said at a news conference at Portland State University.

CNN

Congress prepares for the Obama era

The fate of the Obama presidency will be shaped by the messy, behind-the-scenes process already underway in Washington, reorganizing power on Capitol Hill.

TIME

Election spurs committee, leadership power struggle in Congress

Democratic ballot-box wins sparked a jostling for power on Capitol Hill, including a clash for control over the House panel that oversees automakers and a change in leadership among Republicans.

Bloomberg

MORE ELECTION COVERAGE

Palin noncommittal on future

"Palin 2012" t-shirts were for sale at the election-night rally in Wasilla, but the Alaska governor headed home saying she wasn't ready to think of a national political future.

USA Today

GOP faces identity crisis in months ahead

The Republican Party faces a long list of problems with no clear national leader and an identity crisis that will play out during a period of good will for the new president.

CNN

LIVING & ENTERTAINMENT

Obamas seek balance as first-family-to-be

Friends say the Obamas are acutely aware that they bear symbolic value as the first African-American family to occupy the White House.

International Herald Tribune

Extra Golden plays 'Obama' live in studio

In 2006, the president-elect's office made it possible for the Extra Golden's Kenyan members to obtain visas to play in the U.S. In gratitude they wrote the song "Obama."

NPR

SCIENCE & TECHNOLOGY

Eco-friendly AirPods run on nothing but compressed air, get tryout at airports

An engineer who is building cars that run on compressed air has convinced a European airline to use his AirPods to ferry passengers around airports in France and The Netherlands.

Wired

New spray-on solar cells invented

New solar cells have been invented from a polymer that has the same electrical properties as silicon wafers but can be dissolved and printed onto flexible material.

LiveScience

2008 best inventions of 2008

TIME

RELIGION & SPIRITUALITY

Pope outlines St. Paul's testimony to the central reality of the Resurrection

The reality of the resurrection is a key to the teaching of St. Paul, Pope Benedict XVI told his weekly public audience.

Catholic World News

President-elect Obama is a mountaintop moment for the black church

Forty years after King's famous "I Have a Dream" speech, veterans of the civil rights struggle say the black church in America helped lead the country to a day when Obama could be elected president.

Religion News Service

Blog:

How Obama forged a new faith coalition

Christianity Today

EDUCATION

Politics takes more active new role in high school classrooms

High school teachers across the U.S. find themselves debriefing young people who are more politically informed and civic-minded than any in recent memory.

USA Today

NYC education dept. plans 50 percent slash in new seats for students

The education department's new five-year capital plan will create less than half the number of new seats as the previous one, reflecting the economic meltdown.

NY Daily News

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Site edited by: Jameson O'Neal, Pallavi Sukhia, Lukas Dregne, Conrad Hain, Nisha Dubey and Catherine Lux.

GOOD NEWS

Ten innovations inspired by nature

Scientists and engineers are getting some wild ideas from the wild kingdom. For example, they are making an adhesive derived from the gecko.

HappyNews.com

Natural gas idea picking up steam

Will cars be fueled by compressed natural gas in 10 years? Billionaire T. Boone Pickens is betting that they will.

HappyNews.com

NATION

Two thousand gather at San Francisco City Hall for same-sex marriage vigil

Carrying signs and candles and unbreakable optimism, several thousand supporters of same-sex marriage gathered outside San Francisco City Hall to declare that the fight for equality would continue.

San Francisco Chronicle

Civil rights groups challenge Prop 8

San Jose Mercury News

Suspects in plot to kill Barack Obama plead not guilty

Two white supremacists have pleaded not guilty in an alleged plot to kill President-elect Barack Obama and dozens of other black people.

MSNBC

WORLD

Mexican crash could set back drug war

Mexico's battle against drug traffickers face a colossal setback after two high-level officials leading the effort to stem narcotrafficking violence were killed in a plane crash.

Christian Science Monitor

Rice plays down chances of Israeli-Palestinian deal

U.S. Secretary of State Condoleezza Rice said Israel's pending election may make it difficult to secure an Israeli-Palestinian peace deal this year.

Reuters

BUSINESS

Towering economic to-do list for Obama

A look at eight crucial economic issues that will test President-elect Barack Obama's administration, and how the new president might address them.

International Herald Tribune

What CEOs want from the next president

BusinessWeek

Stocks pounded as economy flashes more warning signals

A cocktail of bitter economic news from overseas, the malls and the labor front soured investors on stocks and led to the second consecutive day of selling.

USA Today

Experts discuss Obama's economic challenges

Reuters

SPORTS

Parker scores 55 in Spurs first win

The San Antonio Spurs needed every last layup and feathery jumper from the fast-moving Tony Parker, whose unstoppable performance was just enough to fuel their first win.

Sporting News

Dodgers reportedly offer $25 million to Manny

Dodgers general manager Ned Colletti said the team has made an offer to free-agent Manny Ramirez, which would give him the second-highest salary in the sport behind Yankee Alex Rodriguez.

ESPN

ENVIRONMENT

UK beekeepers protest over massive death of bees

Britain has been warned that the country will enter into an “agricultural disaster” unless money is put towards discovering what is killing the country’s bees.

PlanetSave.com

All your green shopping needs

TIME

HEALTH

What Obama's win means for health care

Experts say the global financial crisis could scuttle President-elect Obama's plans for health care reform.

WebMD

Rainfall, autism may be linked

Children living in areas of high precipitation may be more likely to have autism, according to a new study, but the researchers caution that the finding of a rainfall-autism link is preliminary.

CBS News

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