U.S. Defense Secretary Chuck Hagel (L) listens as President Barack Obama announces Hagel's resignation at the White House in Washington, November 24, 2014.  REUTERS/Kevin Lamarque

Hagel quits

WASHINGTON - Defense Secretary Chuck Hagel has resigned, after a bruising mid-term election that undermined President Barack Obama's Democrats in Congress.  Full Article 

Iran nuclear talks extended seven months after failing to meet deadline 12:37pm EST

VIENNA - Iran and six powers failed for a second time this year on Monday to resolve their 12-year dispute over Tehran's nuclear ambitions and gave themselves seven more months to overcome the deadlock that has prevented them from clinching an historic deal.

Visitors look at a Tesla Model S car displayed on media day at the Paris Mondial de l'Automobile, October 2, 2014. REUTERS/Benoit Tessier

Tesla in talks with BMW over car batteries

FRANKFURT - Electric carmaker Tesla Motors is in talks with Germany's BMW over a possible collaboration in batteries and lightweight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel.  Full Article 

Rising seas are eating away as much as 11 feet of shore a year along the unprotected western end of Galveston Island, where rock revetments are the only thing preventing the waves from swallowing some homes along the shore. REUTERS/Rick Wilking

Why Houston fears the next big storm

GALVESTON, Texas - Six years after Hurricane Ike, Houston is as vulnerable as when the storm hit. No major projects are under way to fend off surging seas.  Full Article 

South Buffalo resident Ron Jeblonski uses a snow blower to clear snow from his driveway in South Buffalo, New York, November 22, 2014.   REUTERS/Aaron Ingrao

Western New York braces for flooding

BUFFALO - The area around Buffalo, New York braced for potential flooding as warming temperatures began to melt up to seven feet of snow that fell in a record snow storm last week in which 13 people died.  Full Article 

General view of the Petrolchemie und Kraftstoffe (PCK) oil refinary in Schwedt/Oder, October 20, 2014. REUTERS/Axel Schmidt

Oil prices to plunge if OPEC makes no cuts

LONDON - Oil prices could plunge to $60 a barrel if OPEC does not agree a significant output cut when it meets in Vienna this week, market players say.  Full Article 

Protesters, demanding the criminal indictment of a white police officer who shot dead an unarmed black teenager in August, march through a suburb in St. Louis, Missouri November 23, 2014. REUTERS/Adrees Latif

Ferguson grand jury expected to reconvene

FERGUSON, Mo. - A St. Louis-area grand jury was expected to resume deliberations over whether to bring charges against a white policeman who shot and killed a black teenager.  Full Article 

Screengrab/REUTERS

Boy with pellet gun killed by Cleveland police

CLEVELAND - A 12-year-old boy who was shot by police after he brandished a pellet gun at a Cleveland recreation center died from his injuries, officials said.  Full Article 

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Breakingviews: Brazil's water crisis

Sao Paulo and its 20 mln inhabitants are close to running out of H20. Reynolds Holding and Antony Currie explain how the country's largest city got there and what lessons can be learned.