GM board moving fast on CEO, CFO hires

DETROIT (Reuters) - The board of General Motors Co will get an update on the search for a new chief executive by next month as a recruiting firm compiles a short list of candidates, a person familiar with the process said.

Issues in Depth

Emmanuel Roy, a suspect in a mortgage-fraud scheme is escorted by FBI agents after being taken into custody in New York, October 15, 2009. REUTERS/Brendan McDermid

Sowing seeds of corruption

Corruption, whether it's crooked officials, financial fraudsters or philandering sports stars, is the country's No. 1 criminal threat, says the FBI.  Full Article 

President Barack Obama delivers remarks at Lehigh Carbon Community College in Allentown, Pennsylvania, December 4, 2009. REUTERS/Jim Young

No price tag on jobs boost

"There are those who claim we have to choose between paying down our deficits on the one hand, and investing in job creation and economic growth on the other. But this is a false choice."  Full Article 

A man holds a sign as he stands on a sidewalk in New York City, December 23, 2008, the second to last shopping day before Christmas. REUTERS/Mike Segar

Selling in a "world of hurt"

Retailers are struggling this holiday season but a few of them are innovating, including one brand that a fund manager described as the "Leonardo da Vinci" of the industry.  Full Article 

Golfer Tiger Woods shares a moment with Elin Nordegren during the opening ceremony for the 35th Ryder Cup matches in Bloomfield, Michigan in this September 16, 2004 file photo. REUTERS/Gary Cameron/Files
Charles Feldman:

Learning from John Gotti

Tiger Woods, who is being pummeled by the press, could learn a thing or two from the "Teflon Don". The godfather of the Gambino crime family knew how to play the media.  Commentary 

Waves crash against a lighthouse at Newhaven on the Sussex coast in southern England November 14, 2009. Parts of Britain are set to be battered by the worst storm of the year so far, forecasters warned on Friday, with heavy rain and gale-force winds bringing a risk of flooding and damage from falling trees. REUTERS/Luke MacGregor

The human factor

Climategate or not, the United Nations stands firm on who is to blame for the acceleration of climate change.  Full Article 

China's national flag is raised during the opening ceremony of the Beijing 2008 Olympic Games at the National Stadium. It was the moment that Beijing had worked towards since winning the Summer Olympics in 2001 -- raising China's national flag in the spectacular Bird's Nest stadium watched by the world at the opening of the event. The games, billed as China's "coming out party" as a major world power, were largely hailed as a success for the Communist nation despite myriad concerns, ranging from air pollution to human rights abuses, dogging organizers in the lead-up. Taken August 8, 2008 by Jerry Lampen

Pictures that defined a decade

The raising of the flag to mark China's first Olympic Games and cardinals caught in the wind at Pope John Paul II's funeral are among the indelible Reuters images of the last 10 years.  Slideshow 

Markets

US Indices

-104.14
10,285.97
-1.00%
-16.62
2,172.99
-0.76%
S&P 500
-11.31
1,091.94
-1.03%

Most Actives

Rates

Int'l Indices

10,140.47
22,060.52
DJSTOXX 500
25.49
5,223.13

Currencies

1.4702
0.011305
1.6284

today

  • U.S. special envoy visits North Korea
  • McChrystal testifies before Congress on Afghanistan
  • Obama economic speech at the Brookings Institution

tomorrow

Later in the week

  • Thursday: FOMC interest rate decision
  • Thursday: Obama receives Nobel Peace Prize
  • Friday: Retail sales data for November

Multimedia

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