Bush to sign legislation to extend jobless aid
Because of the tight job market, the White House says President George W. Bush would sign legislation pending in Congress to further extend unemployment benefits.

Obama pledged change, picks insiders

President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.

New BlackBerry is good iPhone challenger

Review: BlackBerry fans can rejoice: the Storm, Research In Motion's first all-touchscreen Blackberry will make even iPhone users salivate just a little bit over some of the features of this very slick and sophisticated smartphone.

Bush set to relax rules protecting species
Animals in danger of becoming extinct could lose the protection of government experts who make sure that dams and other projects don't pose a threat, under a regulation the Bush administration is set to put in place.

Ex-Gitmo detainee to taste freedom
Australian police said Thursday they will stop restricting the movements and communications of a former Guantanamo Bay detainee.

Pakistan summons U.S. envoy
Pakistan summoned the U.S. ambassador Thursday to protest a suspected U.S. missile strike deep inside its territory as militants threatened revenge attacks unless the cross-border raids stop.

Over 1,000 melamine babies still in hospitals
Over a thousand Chinese infants are still in hospital receiving treatment for kidney damage caused by tainted milk, China's Health Ministry said on Thursday, more than two months after the scandal broke.

ConsumerMan: Shady retirement seminars
Many Americans nearing retirement are bombarded with invitations to attend financial management seminars. A free lunch is offered. But that lunch may prove to pricey.

Global markets extend rout

European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.

U.S. jobless claims jump to 16-year high
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.