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Google pulls out of Yahoo advertising partnership

Posted: 11/05/2008 - WASHINGTON – Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce.

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Obama victory sparks cheers around the globe

Posted: 11/05/2008 - PARIS – Barack Obama's election as America's first black president unleashed a renewed love for the United States after years of dwindling goodwill, and many said Wednesday that U.S. voters had blazed a trail that minorities elsewhere could follow.

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Obama to begin intelligence briefings

Posted: 11/05/2008 - CHICAGO – Barack Obama will begin receiving highly classified briefings from top intelligence officials Thursday, as the rush of his campaign gives way to intensive preparations to take over as commander in chief and build a Democratic administration.

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Alaska Sen. Ted Stevens holds slim lead

Posted: 11/05/2008 - ANCHORAGE, Alaska – With his political future uncertain, a weary Alaska Sen. Ted Stevens, looking at bit deflated, left a gathering of supporters to go home and get some sleep. With 96 percent of precincts reporting, Stevens — the longest serving Republican in the history of the Senate — led Tuesday with 48 percent of the vote compared to 47 percent for two-term Anchorage Mayor Mark Begich, a Democrat.

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New Congress turns more -- much more -- Democratic

Posted: 11/05/2008 - WASHINGTON – Democrats broadened their control of Congress in Tuesday's elections, though in the Senate they fell short of the 60 votes needed for a filibuster-proof majority that would have given them almost unbridled power over legislation.

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California voters approve gay-marriage ban

Posted: 11/05/2008 - LOS ANGELES – In an election otherwise full of liberal triumphs, the gay rights movement suffered a stunning defeat as California voters approved a ban on same-sex marriages that overrides a recent court decision legalizing them.

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Obama turns to building a presidency

Posted: 11/05/2008 - WASHINGTON – His storied election behind him and weighty problems in his face, Barack Obama turned Wednesday to the task of building an administration in times of crisis as Americans and the world absorbed his history-shattering achievement as the first black leader ascending to the presidency.

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Oil Slides below $68 as Demand Ebbs

Posted: 11/05/2008 - Oil prices dipped below $66 a barrel Wednesday as investor sentiment once again seemed to shift to the growing global economic malaise and its potential impact on energy demand. Gasoline prices continued to tumble.

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Bush Congratulates Obama on Election Victory

Posted: 11/05/2008 - President Bush embraced Barack Obama's election victory Wednesday, saying he understands the message of change that was the centerpiece of his campaign.

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Officials: Emanuel Offered Chief of Staff Job

Posted: 11/05/2008 - Democratic officials say Illinois Rep. Rahm Emanuel has been offered the job of chief of staff in the administration of President-elect Barack Obama.

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Stocks Tumble as Investors Shift Focus to Economy

Posted: 11/05/2008 - Wall Street stopped to catch its breath Wednesday, cashing in gains from a rally that lifted the Standard & Poor's 500 index more than 18 percent over six sessions. The Dow Jones industrials fell 170 points, while all the major indexes were down more than 1.5 percent.

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President-elect Obama Faces Daunting Challenges

Posted: 11/05/2008 - His name etched in history as America's first black president-elect, Barack Obama turned Wednesday from the jubilation of victory to the sobering challenge of leading a nation worried about economic crisis, two unfinished wars and global uncertainty.

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Time Warner 3Q Profits Beat Expectations, AOL Weak

Posted: 11/05/2008 - Time Warner Inc. reported third-quarter profits Wednesday that beat Wall Street expectations, even as its AOL online unit continued to weigh down the company with a 6 percent decline in advertising revenue.

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Stocks Head for Lower Open after Sharp Rally

Posted: 11/05/2008 - Wall Street prepared to cash in some of the previous session's big gains Wednesday, focusing on the weak economy after Barack Obama's election to the White House.

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Stewart, Colbert Parody Election In Real-Time

Posted: 11/05/2008 - Culminating their satirical coverage of the campaign, Comedy Central's Jon Stewart and Stephen Colbert teamed up for a live one-hour comedy special - though Stewart had his Cronkite moment, too.

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Europe's Markets Take Profits on Obama Win

Posted: 11/05/2008 - European stock markets opened lower Wednesday despite gains in Asia, as investors booked some profits after Senator Barack Obama won the U.S. presidential election and the Democrats took a firmer grip on Congress.

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California Gay Marriage Vote Still Undecided

Posted: 11/05/2008 - A proposed ban on same-sex marriage in California - widely seen as the most momentous of the 153 ballot measures at stake nationwide - remained undecided early Wednesday.

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Gay Candidate Loses in Kan. Ed Contest

Updated: 11/05/2008 - An openly gay candidate for the State Board of Education has lost his race against a conservative member, but a coalition of moderates and Democrats continued to hold the majority.

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Jenkins Defeats Boyda in 2nd Dist.

Updated: 11/05/2008 - Republican challenger Lynn Jenkins has ousted first-term Democrat Nancy Boyda in Kansas' 2nd Congressional District race, a rare defeat for the party in a year that it gained House seats nationally.

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Israeli Officials Report Rocket Barrage from Gaza

Posted: 11/05/2008 - Israeli rescue services Wednesday reported a "massive" cross-border rocket barrage by Palestinian militants from the Gaza Strip - hours after an Israeli air strike in the first major exchange of fire since a truce took effect in June.

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