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

Obama Arrives in Washington
President-elect Barack Obama traveled from Philadelphia to Washington D.C. Saturday on a whistle-stop tour rich with historical significance.

Israel to Halt Offensive in Gaza Strip
Israeli Prime Minister Ehud Olmert said that Israel would halt its military offensive in the Gaza Strip.
Hoisting Ditched Jet
Poses a Challenge
Investigators expect to be able to confirm whether the US Airways jet suffered bird strikes in both of its engines.

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Slim in Talks for NYT Co. Stake
The New York Times is in discussions with billionaire Carlos Slim about investing in the newspaper publisher to help ease its financial problems.
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LG CEO: LCD Panel Prices Hit Bottom
The CEO of LG Display said prices of liquid-crystal-display panels likely hit bottom in December, and prices of flat-screen TVs are expected to rebound.
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U.S. Plots New
Phase in Bailout
The U.S. is working on a second phase of its financial rescue, targeting the bad assets that are at the core of the billions of dollars in losses that banks are reporting.
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A Glimpse at Reserve's 'Buck' Race
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Big Firms Deepen Job, Wage Cuts
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Idaho Man Accused of Ponzi Scheme

'Tough Love' in the Outback
Australia's push to help its long-oppressed Aboriginal citizens is shaking up their ancient social structure -- and unleashing a nascent feminist movement.
- Photos: Aboriginal Wasteland
U.S., Afghanis Are Killed in Two Attacks

How to Profit From the Credit Crisis
In the wake of the worst credit crunch since the Great Depression, some analysts suggest investors might take a look at, believe it or not, credit.
SAT Prep: Isaac Says No to Tutors
Planning a Start-Up? Help and Advise Abound

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Hubs Give Delta Edge in Talks
A financial battle between Delta and its hometown airport in Atlanta could force the carrier to start shifting flights away from the world's busiest airport to its newly acquired Northwest hubs.
New York Fed Nears Pick
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Big U.S. Firms Use Tax Havens

Closures Strain China's Labor Law
The economic crisis is testing China's efforts to improve labor laws, pitting the need for basic legal protections for workers against the need to save businesses.
Bin Laden Son Left Iran
Euro-Zone Fiscal Outlook Darkens

Bank of America Goes on Offense
Bank of America posted a $1.79 billion loss, hurt by rising credit costs, and defended its purchase of Merrill.
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J.P. Morgan Expands Loan Effort
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Venture Funding Falls 30%

Obama to Tap Network for Initiatives
Obama plans on placing his grassroots network under the control of the Democratic National Committee in an effort to push its agenda.
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Circuit City to Liquidate
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EU Hits Microsoft With New Charges

Stocks Shrug Off Bank Trouble
The Dow industrials posted a modest climb at the end of a tough week despite more steep losses for Bank of America and Citigroup.
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Satyam Probe Could Ensnare Others
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Nine Banks Probed in Iran Transactions

Something Else to Worry About
Market strategists are concerned about deflation in the prices of consumer goods, a far cry from inflation concerns a few months ago.
Banks Stocks Look Tempting, For the Patient
Housing Slump Winners and Losers

The Power of Prayer
As the U.S. grows more diverse, the inaugural prayer has become less inclusive. Steven Waldman on why the ceremony has gone from pluralistic to solely Protestant.
Weighing Andrew Wyeth
The Keys to Swing Keys

The Library, a Cozy Place to Look for a Job
Recession-weary patrons are flocking to the library to update résumés, scan for job listings, and find entertainment.
Candidates Singing Own Praises Fall Flat
Making the Most of a Negative Review

Alternative-Energy Companies Grow
Alternative-energy firms are reporting an influx of inquiries and business from companies anticipating Obama will implement stricter energy regulations.
Sports Collectibles
As Collateral
In Crisis, Luggage Maker Fights for Life

Gorgeous Giants of the Northwest
Brawny yet refined, Syrahs from Washington state are bringing back the "wow" that Zinfandel used to pack.
- Video: Washington Wines
The Keys to Swing Keys
John Paul Newport on why the thoughts that help guide our shots -- swing keys -- can be so maddeningly fleeting.
Markets Are Down, but Fiction Is on Rise
The markets may be down, but the number of people reading fiction is on the rise. Author Ann Patchet on this new trend.
- Podcast: Why We're Reading More Fiction
Smart Money Takes a Dive on Alternative Assets
With billions of dollars trapped in illiquid investments, many colleges and charities are cutting budgets at the worst imaginable time.
Weekend Interview: Jim Cooper
Moderate Democrats may hold the balance of power in the Obama presidency.
A Manual for Left-Wing Living
"The Nation Guide to the Nation" is a travelog/catalog/almanac for and about a community of committed, passionate people who have active consciences and a lively sense of social justice.
Developer Broke Ground
With his uncanny foresight and drive, Trammell Crow was the biggest real-estate developer in the nation in the 1970s and '80s.