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Morgan Stanley and fellow Wall Street firm Goldman Sachs have set aside a combined $11 billion for bonuses. (Photo by Mark Lennihan / AP)

1 million may attend Obama inauguration

President-elect Barack Obama's inauguration is expected to draw more than a million people to the capital. Some lawmakers have stopped taking ticket requests and hotels are booked up.

TIME

Looking for a Place to Stay During Inauguration?

Associated Press

Calif. fire destroys 80 homes, injures 4

A wildfire that destroyed about 80 homes and a college dormitory in the community of Montecito injured four people and forced thousands to flee the longtime celebrity hideaway.

ABC News

Wildfire destroys dozens of homes

MSNBC

Stock market stages huge rebound

Investors did an abrupt turnaround on Wall Street, driving the Dow Jones industrial average up over six percent, after bringing it down near its lows for the year.

ABC News

Recession goes global

MSNBC

CIA head says bin Laden isolated, fighting to survive

U.S. intelligence agencies believe Osama bin Laden is isolated from al-Qaeda and spending much of his energy merely surviving, the head of the CIA said.

CNN

Secretary of State Hillary Clinton?

Sen. Hillary Clinton is being considered for secretary of state, according to two Democratic officials in close contact with the Obama transition team.

TIME

Column:

Secretary of State Hillary Clinton?

ABC News

Clinton a candidate for sec. of state

Associated Press

NATION

AIG's woes trigger transit troubles

The ongoing financial crisis could put public transit systems nationwide at risk of defaulting on more than $2 billion in loans backed by troubled insurer American International Group.

CNN

Calif. gay-marriage backers go to court

California protesters are still marching after voters approved a change in the state constitution banning gay marriage. Critics have filed a stack of lawsuits hoping to overturn Proposition 8.

NPR

POLITICS

Dunwoody first female 4-star general

Ann E. Dunwoody added a fourth star and was sworn in as commander of the Army Materiel Command, to become the first female four-star general in U.S. history.

ABC News

Dodd: Auto bailout lacks GOP support

The top Democrat on the Senate Banking Committee has said there is not enough support among Republicans to pass a proposed bailout for the auto industry.

CNNMoney

Bush defends free-market system

President Bush has admitted the financial system needs reforming, but insists the credit crunch was not a failure of the free-market system.

BBC

EDUCATION

Gates Foundation turns attention to higher education

The Bill & Melinda Gates Foundation unveiled ambitious new plans to expand its education initiatives, including spending at least $500 million to improve teaching.

Seattle Times

New regulations restrict smoking on college campuses

The number of colleges and universities with smoke-free campuses has more than quadrupled since 2006 — from 34 to at least 160 — according to the Americans for Nonsmokers' Rights Foundation.

Star Tribune

HEALTH

Hope arises of reversing hair color loss

People whose hair has turned white because of illness or extreme stress have new hope that scientists may be able to reverse the process.

BBC

Merck cancer shot cuts genital warts, lesions in men

Merck & Co.'s Gardasil shot, used to prevent cervical cancer in women, slashed the risk of genital warts and pre-cancerous lesions by 90 percent in men, according to the largest study of the vaccine in males.

Bloomberg

BUSINESS

Aid to Fannie, Freddie more expensive

The first major financial takeover, the seizure of Fannie Mae and Freddie Mac, is poised to get more expensive. Some warn it may ultimately cost more than the government suggested.

MSNBC

Oct. retail sales take record drop

The decline in sales was led by a huge drop in auto purchases, but sales of all types of products, from furniture to clothing, fell as consumers retrenched.

USA Today

RELIGION & SPIRITUALITY

Orthodox leader chosen

A priest recently elevated to bishop will lead the Orthodox Church in America as it tries to rebound from a financial scandal that forced his predecessor to retire.

Pittsburgh Tribune-Review

Catholic Church cuts off ACORN funding

The Roman Catholic Church is cutting off funds to the community organizing group ACORN, citing complaints over its voter registration drives in the recent election as part of the reason.

CNN

Columns And Op-Ed

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

Site edited by: Zahra Jaferi, Max Miller, Andrew McMillan, Eric Connolly, Erin La Rosa, Orion McClure, Walt Chiu and Binal Ghelani.

GOOD NEWS

Fewer than 1 in 5 US adults smoke

The nation's adult smoking rate has fallen below 20 percent for the first time since the federal government began tracking it in the 1960s, the Centers for Disease Control and Prevention report.

NPR

Salvation Army receives $1 million to revitalize educational facilities

Target donates $1 million to the Salvation Army to revitalize educational facilities across the country. All 40 divisions will receive a $25,000 grant to provide kids with educational resources.

HappyNews.com

WORLD

EU unveils plan to weaken Russian grip on gas supply

Europe stepped up attempts to reduce its exposure to potential Russian blackmail over energy supplies, unveiling a strategy aimed at weakening Russian domination of Europe's gas imports.

Guardian

A new shift in world power

A global crisis is a chance to shift the balance of power in different ways. Asia is on the rise while the economic woes of the U.S. and Europe have exposed Western economies' vulnerability.

BBC

LIVING & ENTERTAINMENT

Pregnant man Thomas Beatie is expecting again

The "pregnant man" who gave birth to a daughter earlier this year is expecting a second child.

MSN UK

'Pregnant man' shocks Barbara Walters

ABC News

New James Bond installment is double-oh heaven

"Quantum of Solace" is such a smart and brutal Bond movie that it kicks the "Bourne" movies — which had previously made Bond irrelevant — where it hurts.

Seattle Times

Preview

MSNBC

SPORTS

Raiders' Walker will miss rest of season; Russell likely to start

Raiders wide receiver Javon Walker will have ankle surgery and will likely miss the remainder of the season.

ESPN

Romo ready to return, doesn't expect problems from injury

Tony Romo laughed at the notion his return to the Dallas lineup will be the complete cure for the struggling Cowboys.

ESPN

SCIENCE & TECHNOLOGY

Mass-produced artificial diamonds available in extra large

A U.S. team brought the world a step closer to cheap, mass-produced, perfect diamonds. The improvement means the size of diamonds that can grow in the lab has no theoretical limit.

New Scientist

First images of new planets captured

Astronomers have taken the first-ever direct images of planets outside of our solar system, including a snapshot of a single-planet system.

LiveScience

Astronomers capture first images of new planets

CNN

ENVIRONMENT

A freeze on new US coal plants?

The Environmental Appeals Board responded to a lawsuit to block building a new coal plant, saying the EPA has no valid reason to refuse to regulate CO2 emissions from new coal-powered plants.

TIME

Smog cloud masks global warming impact over Asia

A three-kilometer thick cloud of pollutants hanging over Asia is darkening cities and damaging crops, but may be holding off the worst effects of global warming.

Environmental News Network

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