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The Illinois state legislature has ousted Gov. Rod Blagojevich after allegations of corruption.
Auto giant Ford reports a Q4 net loss of $5.9 billion due to 'sharp global decline in vehicle demand.'
Spanish police arrest six people linked to a $600M fraud on the London stock market, police say in a statement.
Best-selling American author John Updike dies age 75 after battling lung cancer, his publicist says.
Best-selling author John Updike has died at age 75 after battling lung cancer, his publicist said.
Bulgarian police arrest 33-year-old armed hijacker behind bus bomb threat, official tells CNN.
Armed man claiming to have bomb hijacks bus carrying at least 37 people in Bulgaria, local police tell CNN.
Iceland's Prime Minister Geir Haarde announces resignation of his government amid country's economic crisis.
At least 10 mountaineers killed in an avalanche at a ski resort in northeastern Turkey, authorities say.
Two adults and three children killed in a knife attack at a childcare center in Belgium, according to local TV reports.
U.S. President Barack Obama issues order to close military detention facility at Guantanamo Bay within a year.
A court sentences one man to death and another to life in prison for their roles in China's tainted milk scandal.
Israeli troops have completed their withdrawal from Gaza, the Israel Defense Forces say.
U.S. Senator Ted Kennedy, who had brain tumor removed last year, collapses at lunch for President Obama, a senator says.
Obama: "America must play its role in ushering in a new era of peace."
Obama: "America is a friend of each nation and every man ... we are ready to lead once more."
U.S. President Barack Obama: "We have chosen hope over fear, unity of purpose over conflict and discord."
Barack Obama has been sworn in as the nation's 44th president.
Barack Obama becomes 44th U.S. president, making history as first African-American leader of the United States.
The inauguration of Barack Obama as the 44th president of the United States is under way.
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