As its peers in the region see their oil production slipping Brazil's state-controlled oil company Petrobras is entering a new era as the region's silent giant.
For President-elect Barack Obama and Senator Hillary Rodham Clinton, there would be pros and cons to a close partnership if she became secretary of state.
AP - World leaders at an emergency economic summit are moving to sharpen detection of risky investing and regulatory weak spots, hoping to avoid future financial meltdowns like the one now threatening the global economy.
AP - President-elect Barack Obama is interviewing some of his one-time political opponents as he ponders building his own "team of rivals" to help him run the country.
A fast-spreading wildfire erupted late Friday about 25 miles north of Los Angeles, California threatening homes in Sylmar. Fire crews are still working to contain a wildfire in Santa Barbara County that has destroyed nearly 150 homes, charred 1,500 acres and possibly contributed to at least one death.
A jury awarded $2.5 million in damages on Friday to a Kentucky teenager who was severely beaten by members of a Ku Klux Klan group because they mistakenly thought he was an illegal Latino immigrant, the Southern Poverty Law Center said.