Business News, Finance News, World, Political & Sports News from The Wall Street Journal

Cities Torn Over Redevelopment
The federal program to redevelop neighborhoods blighted amid the housing crisis is barely up and running. But already, many localities are frustrated by the small sums involved -- a sign of how efforts to halt the crisis have proven inadequate.
- Map: Troubled Neighborhoods
- Photos: Losing Homes, Saving Subdivisions

The Rise of Southern Football
The South is dominating college football like never before, but its ascent isn't just a matter of good coaching. How a population boom and a growing economy have helped turn a regional obsession into a national juggernaut.
Detroit Bailout Hits a Bumpy Road
Big Three auto CEOs faced much the same doubts from lawmakers in the first day of their last-ditch return to Congress for a bailout, now put at $34 billion.
- Complete Coverage: Detroit in Crisis

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Fed Weighs Options
As Europe Cuts Rates
The Fed is considering taking unconventional steps to revive the economy as central banks outside the U.S. cut rates more aggressively.
- Trichet Coaxes Europeans to Shift Gears
- ECB, Bank of England Cut Rates
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Companies Accelerate Layoffs
Companies are shedding workers at an accelerating rate -- some in response to declining sales and others in anticipation of tougher times ahead.
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Bratz Ruling Hands Mattel Big Choices
A federal judge ordered MGA Entertainment to hand over control of its Bratz dolls to Mattel, Barbie's maker.
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Microsoft Taps Yahoo Veteran
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Believe It or Not, There's a Banker of the Year
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Harvard Plans Bond Issue

Not Right or Left, but Forward
The people on Obama's team are known more for competence than ideology -- reflecting what the nation ordered up in this year's election, writes Gerald Seib.
- Obama's Cabinet: Who's In, Who's Likely
Bushes Buy Dallas Home for Residence

Cop Heralded in Film Leads Mumbai Probe
Rakesh Maria, a cop whose investigative skills have inspired at least one Bollywood movie, is the lead investigator into Mumbai's terror attacks.
Rice Visit Ends, Mumbai Rift Remains
Poorer Nations Go Online on Cellphones
Iraq Council Backs Security Pact

Trichet Coaxes Europeans to Shift Gears
ECB President Trichet is starting to silence criticism that he is responding too slowly to the downturn that may be Europe's worst since World War II.
Putin Tries to Soothe Russians
Japan's Recession Hits 'Temps'

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Dealers Rally for Auto Rescue
Auto dealers backed Detroit's plea for a bailout as they acknowledged being late to the lobbying effort.
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Boeing May Delay 787 Deliveries
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Merrill/BofA Deal Goes to a Vote

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Oil's Slide Set to Leave Dark Trail
Oil prices, continuing their free-fall from July highs, could soon push much lower, threatening energy-driven companies and economies.
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Citi Gets Tough With General Growth
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For Neuberger Deal, Fateful Few Months

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Facebook Pushes New Service
Facebook took a big step towards linking its social network with other Web sites as it announced the general availability of its "Facebook Connect" service.
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AMD Warns of Sharp Sales Drop
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Minimum-Price Foes to Use eBay

We Owe $2,000 on Your Credit Card?
Neal Templin on the marital-harmony component of his and his wife's financial decision-making arrangement.
Schwab Has New Rebate Card
Finding an Eco-Friendly Dry Cleaner

Get Thee to New Jersey
The Shakespeare Theatre of New Jersey's "The Winter's Tale" ranks high on the list of first-class Shakespeare stagings to come Terry Teachout's way in recent years.
At Home With Saddam
A Deal-Hunter's Guide to the Galaxy

Finding Fun in Fantasy's Dead Zone
Suggestions to satisfy a fantasy addict stuck in the quiet period between the end of football season and the start of baseball.
Can Pacquiao Beat De La Hoya?
College Football's Divisional Dilemma

Time Off for Good Behavior
Want to be charitable in a big way? Consider tapping your employer for support. Although they often don't advertise the fact, many companies are very flexible about backing employees' volunteer efforts.
How to Handle a Lowball Job Offer
A Tale of a Young Boxer's Redemption

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U.S. Eyes Plan
To Lift Home Sales
Pressured to help stem falling home prices and foreclosures, Treasury is considering a temporary government-backed securities effort to get banks to grant new mortgages at rates as low as 4.5%.
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J.P. Morgan Seizes Fund's Collateral
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Whitehall Funds Lose Their Luster

How Phelps Became the Face of PureSport
Michael Phelps's celebrity gave a little-known, protein-powder maker the clout to win financing, as well as coveted shelf space.
Discounters Face Fight on Minimum Pricing
Shalom, Kiosk Christmas Shoppers

Gifts That Keep on Giving
Lewis Hyde calls gift exchange the economy of the creative spirit. He discusses the art of gifting, and we present seven beneficiaries. Portfolio
- Video: Violin Virtuoso: Anna Lee's Gift of Music
Rock's New Republic
Live Nation's Michael Rapino has landed major deals with Madonna, Jay-Z and U2. Can he revolutionize the music industry? The Big Interview
Lip Service
Cosmetics guru Bobbi Brown doesn't believe in makeup for men or anti-aging creams. She's got a half-billion-dollar company to show for it. Rebel Yell
Mad Dogs and Americans
Who runs 125 miles across the Sahara or treks for days in the Amazon? Welcome to the world of extreme-adventure travel. The Big Trip
Highly Charged
It's the automotive industry's holy grail—the sexy 'green' supercar. Entrepreneurs Elon Musk and Henrik Fisker go head-to-head. The Competition
- Graphic: Car Compare