Taxpayers likely to face initial loss on GM IPO: sources

NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

Issues in Depth

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Emergency declared after 7.1 quake hits New Zealand

WELLINGTON (Reuters) - Authorities declared a state of emergency after a major earthquake hit New Zealand's second biggest city, Christchurch, early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths. | Video

Food prices fueling fears of shortages

Food riots in Mozambique and a controversial move by Russia to extend a wheat export ban are sparking worries of a return to the food shortages of three years ago.  Video | Full Article 

A journalist inspects a double bed first class suite during a media tour of the Airbus A380 superjumbo after it landed at Singapore's Changi Airport October 17, 2007. REUTERS/Vivek Prakash

Flying first-class in the lap of luxury

A look at the comforts provided for those willing to part with a little more cash for the ultimate flying experience.  Slideshow 

Markets

US Indices

127.83
10,447.93
+1.24%
33.74
2,233.75
+1.53%
14.41
1,104.51
+1.32%
1.32
99.97
+1.34%

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Int'l Indices

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20,971.50
5,428.15

Currencies

1.2894
0.011858
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