Tue 2 Dec 2008 | 15:12 EST

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Chrysler says November U.S. sales down 47 pct compared to last year  3:02pm EST

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General Motors employees are reflected in a Cadillac logo before the start of a rally held to support federal aid to the U.S. auto industry at the GM Assembly Plant in Arlington, Texas November 18, 2008. REUTERS/Jessica Rinaldi

Auto turnaround plans 2:58pm ET

U.S. automakers on Capitol Hill offer up revamped plans to win support for a $25 billion bailout the industry says it needs to survive.  Full Article | Full Coverage 

General Motors employees are reflected in a Cadillac logo before the start of a rally held to support federal aid to the U.S. auto industry at the GM Assembly Plant in Arlington, Texas November 18, 2008. REUTERS/Jessica Rinaldi

Auto turnaround plans 2:58pm ET

U.S. automakers on Capitol Hill offer up revamped plans to win support for a $25 billion bailout the industry says it needs to survive.  Full Article | Full Coverage 

Commuters make their way on the platform at the Churchgate train station in Mumbai, December 2, 2008.

India-Pakistan tension 3:00pm ET

India demanded Pakistan hand over 20 of its most wanted men in a sign of good faith as efforts to head off a confrontation intensified.  Full Article | Slideshow 

Brian France, CEO of NASCAR, speaks at the Reuters Media Summit in New York, December 2, 2008. REUTERS/Brendan McDermid
Sponsorships threatened

The chief executive of NASCAR warns that the racing circuit has held discussions with some sponsors about either pulling back or withdrawing from their roles completely.  Full Article 

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 45.88 -4.56% 02 Dec 2008 15:01 EST
Gold 781.4 +0.87% 02 Dec 2008 15:11 EST

Reuters Business Blogs

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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 

Hungry for a new home
1:38pm EST 
French human rights activists stopped feeding migrants in Calais, where hundreds are camped in the hope of illegally crossing into Britain, to force French authorities to take over.
Obama and the States

Dec. 2 - President-elect Obama offered his assurances to strapped state governors that help is on the way.  Play Video

 
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