Tue 2 Dec 2008 | 18:56 EST

Today on Reuters 

U.S. flags flutter in the wind in front of the General Motors Corp headquarters in Detroit, Michigan November 7, 2008.

GM's bid to survive 6:00pm ET

General Motors asks Congress for an $18 billion bailout package to save it from failure, with $4 billion in cash needed immediately.  Full Article | Full Coverage 

U.S. flags flutter in the wind in front of the General Motors Corp headquarters in Detroit, Michigan November 7, 2008.

GM's bid to survive 6:00pm ET

General Motors asks Congress for an $18 billion bailout package to save it from failure, with $4 billion in cash needed immediately.  Full Article | Full Coverage 

President-elect Barack Obama speaks as he presents his choices for his newly formed Economic Recovery Advisory Board during a news conference in Chicago November 26, 2008. REUTERS/John Gress (UNITED STATES)

CEOs could learn from "No Drama Obama" 3:10pm ET

If Barack Obama were a corporate chief executive, the incoming president already would be winning high marks for his management style, experts say.  Full Article 

A Ford sign is seen outside a Ford dealership in Broomfield, Colorado in this July 23, 2008 file photo. REUTERS/Rick Wilking/Files
Making the case for a bailout

The focus will be on the potential for a government bailout of Ford, General Motors and Chrysler as the CEO's testify before the Senate Banking Committee.  Factbox 

John Kemp
Dollar demise much exaggerated

Perhaps the most surprising development over the last three months has been the surging value of the currency at the heart of the crisis. It is almost as if investors have responded to a fire alarm by running towards the source of the fire.  Commentary 

to
Commodity Last Pct Chg Trade Date/Time
Oil 45.83 -4.67% 02 Dec 2008 17:12 EST
Gold 781.4 +0.87% 01 Dec 2008 19:00 EST
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Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

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The case for piracy

As far as illicit businesses with low risk and high rewards go, it doesn't get much better than piracy on the high seas. Columnist Bernd Debusmann examines why.  Commentary 

Shoppers pass a window display at the high-end luxury goods maker Gucci along 5th Avenue in New York, November 19, 2008.
Holiday Shopping

Retailers and shoppers are adjusting to the impact of the financial crisis, especially during the busy holiday season. Take a closer look.  Full Coverage 

Funeral for Rabbi Holtzberg
4:23pm EST 
Rabbi Gavriel Holtzberg and his wife, Rivka, were among the five hostages killed at the Jewish center in the attacks on Mumbai.
The New Great Game

Dec 2 - Analysts say a global response is needed to Indian attacks, as US Secretary Rice heads to India.  Play Video

 
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