Last updated 2:02PM ET
December 1, 2008
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Obama names Clinton, Gates to lead foreign policy
CHICAGO (Reuters) - U.S. President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world.
Economic slump and spending woe sink Wall Street
NEW YORK (Reuters) - Stocks slid on Monday as news pointing to the deepening economic slump around the world punctured last week's market enthusiasm, with financial services companies and retailers among Wall Street's biggest casualties.
India demands swift Pakistan action over Mumbai
MUMBAI (Reuters) - India said on Monday it had called Pakistan's envoy and informed him that deadly attacks in Mumbai were carried out by militants from Pakistan and demanded swift action against those responsible.
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