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In Drexel Hill, Pa., a winter storm furnishes this Chrysler with a cloak of ice, while the auto industry finds a similarly cool reception on Wall Street. (Photo by Jacqueline Larma / AP)

Wall Street reacts to auto gloom

Stocks fell as investors reacted to more bad news from the embattled auto sector and digested new details of Pres.-elect Obama’s planned economic stimulus package.

Financial Times

Wall Street falls on Toyota outlook

YouTube

What's in store for the Big Three

CBS News

US property developers request aid

Property developers are pleading for assistance from the government to help them through tough financial times, joining banks and car makers.

Guardian

Signs of hope for economy in 2009

A panel of economists says that — maybe, if all goes well — the worst of the slump could ease by mid-year, with slow but steady growth in the second half.

MSNBC

Interview:

Q&A: Merrill Lynch strategists on the '09 outlook for stocks

TIME

Stock investors hope Santa touches down

Reuters

5 guilty of US army base plot

A jury has found five men guilty of conspiring to kill U.S. soldiers at the Fort Dix military base in New Jersey, but cleared them of attempted murder.

BBC

Fort Dix plot trial

Yahoo! News

Gunman 'requests Pakistan help'

India says the sole surviving gunman from last month's Mumbai attacks has sought help from Pakistan.

BBC

India FM: We will act on Mumbai if Pakistan won't

Philadelphia Inquirer

NATION

Demand for welfare services soars

In the face of a woeful economy, administrators of programs that serve some of society's most vulnerable people are slashing staff and canceling services.

Sacramento Bee

Expert: TSA screening is security theater

Travelers feel so hassled by the screeners that the Transportation Security Administration launched an image campaign to convince the public that there's a good reason for the indignities.

CBS News

Obama's hiring: 330,000 applicants vie for administration jobs

More than 330,000 people have applied for top jobs in the Obama administration, in an unprecedented outpouring of interest spurred by his election.

USA Today

Obama sets goal of 3 million jobs

CNN

POLITICS

Secret tapes, cooperative grandmother helped build graft cases in Illinois

The public corruption probe that led to the arrest of Ill. Gov. Rod Blagojevich got its first big break when a grandmother of six walked into a breakfast meeting with shakedown artists wearing an FBI wire.

MSNBC

What really happened with Jackson Jr. and the feds

Chicago Sun-Times

Defiant governor

CBS News

Census data shows 8 states could lose House seats

Eight states would lose seats in Congress in 2010, based on an analysis of Census estimates of 2008 state populations.

USA Today

ENVIRONMENT

Mapping renewable energy

Depending on where you live in the country, the same array of photovoltaic solar panels can produce enough electricity to power your house with watts to spare.

TIME

Board acts on environmental policies

The American Veterinary Medical Association approved revisions to the Policy on Veterinary Wastes in an effort to head off possible federal regulations of pharmaceuticals disposal.

AVMA

SCIENCE & TECHNOLOGY

Burrowing black holes devoured first stars from within

Physicists speculate that minuscule black holes may have been forged in the very dense soup of matter and radiation that prevailed in the first moments of the universe's existence.

New Scientist

SpaceShipTwo’s carrier makes first flight

A carrier aircraft designed to be the first stage of a commercial spaceline system makes its maiden test flight at the Mojave Air and Space Port in California.

MSNBC

HEALTH

FDA reform likely to take back seat in Obama plan

The Obama administration has been saying the Food and Drug Administration would get what is needed to make the nation's food supply safer, but some champions acknowledge reforms are years away.

Baltimore Sun

What your loneliness is telling you

According to the new science of loneliness, those holiday blues have an important message for you.

Salon.com

RELIGION & SPIRITUALITY

Pope defends World Youth Day, environmental concern

Pope Benedict XVI used his annual address to the Curia to highlight two elements of his track record in ’08: World Youth Day and his growing emphasis on environmentalism.

National Catholic Reporter

Churches in US more diverse, informal than a decade ago

Worship services may still be the U.S.'s most segregated hour, but fewer congregations are now completely white, compare to a decade ago.

USA Today

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, Lukas Dregne, Pallavi Sukhia, Nisha Dubey and Catherine Lux.

GOOD NEWS

The unexpected Christmas gift

A woman desperately needed a plane ticket and her only hope was a grumpy businessman she didn’t even know.

Catholic Digest

Iraqi farmers are back in business and Iraqis love local produce

Farmers are taking advantage of a drop in violence to rebuild canals and boost farm production. Many hope this will bolster employment and restore Iraq's status as a breadbasket for the Middle East.

McClatchy Newspapers

WORLD

Domestic politics fuels Gaza conflict

Israelis and Palestinians both face heated political contests that are adding to the volatility between Israel and Hamas after the breakdown of a six-month ceasefire.

Christian Science Monitor

Russia to extend presidential term

Russian senators have given their approval to a constitutional amendment extending presidential terms from four to six years.

Al Jazeera

BUSINESS

Liquidated at Circuit City

The recession has claimed thousands of jobs, but unemployment is having a secondary effect on retailers. It has killed consumer confidence, and hawkers of expensive gadgets have been hit hard.

CNET News

Executive pay: time for a trim

FedEx made headlines when, in an effort to save costs, it cut the salary of its founder and chief executive. But FedEx is not the only company reducing executive salaries in the face of a deepening recession.

BusinessWeek

More firms cut labor costs without layoffs

International Herald Tribune

SPORTS

Angels withdraw contract offer to free-agent Mark Teixeira

The Los Angeles Angels have pulled their eight-year offer to Mark Teixeira and will no longer go after the first baseman.

Sporting News

Giants rush past Panthers in OT, earn NFC's top seed

With the enticement of a No. 1 seed dangling in the cold, persistent wind at Giants Stadium, the New York Giants took the bait and ran with it. Literally.

USA Today

EDUCATION

Youngsters turn artistic eyes on their favorite presidents

Scholastic's first "Picture a President" contest, in which students were asked how they envisioned the presidents, was designed to tap into children's fascination with the 2008 election.

USA Today

'Picture a president'

USA Today

Team to provide water, sanitation and health education in Ethiopia

Nokia and Nokia Siemens Networks announced their partnership with Save the Children Finland to help alleviate the existing water problem made worse by the current drought in Alaba Special Woreda.

Reuters

LIVING & ENTERTAINMENT

Rourke: 'It's my last chance; I just wanted to bring it'

Unlike some stars who claim they have never been out of the game, Rourke is adamant that "The Wrestler" is his attempt to return to the Hollywood ring.

ABC News

Get ready for new TV shows galore

Viewers weaned off network TV by the lasting effects of last winter's writers' strike are being lured back this winter.

ABC News

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