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Rising holiday hopes 0:58 Report

Nov 5 - Better-than-expected October sales for many American retailers and a drop in jobless claims applications to a 10-month low fueled hopes the upcoming holiday shopping season may not be as grim as feared.

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Exclusive: Saudis quit Caribbean oil storage

NEW YORK/HOUSTON/BEIJING (Reuters) - Saudi Arabia has quit a long-held lease for 5 million barrels of Caribbean oil storage near the key U.S. market and state giant PetroChina is poised to move in, industry sources say, a potentially major shift in global oil trade dynamics.

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Disgraced financier Bernard Madoff is escorted by police and photographed by the media as he departs U.S. Federal Court after a hearing in New York, January 5, 2009. REUTERS/Lucas Jackson

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Bernie Madoff became the poster boy of crooked investment schemes this year -- but he wasn't alone. Here's a look at the 10 most notorious cases of 2009.  Full Article 

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