Signs of chaos in the auto industry and fears that the G20 meeting this week will fail to come up with a plan to restart growth pushed global markets down.
AP - President Barack Obama is sending a blunt message to Detroit automakers: To survive — and win more government help — they must remake themselves top to bottom. Driving home the point, the White House ousted the General Motors chairman as it rejected GM and Chrysler's restructuring plans.
AP - Time and time again, General Motors Corp.'s board of directors reaffirmed its support for Chairman and CEO Rick Wagoner, even as the company piled up billions of dollars in losses and begged for government loans to stay alive.
AP - A group of gunmen attacked a police academy and rampaged through it for hours Monday, throwing grenades, seizing hostages and killing at least 11 officers before being overpowered by Pakistani security forces in armored vehicles and helicopters, authorities said.
A North Korean rocket slated for launch sometime early next month can be clearly seen in a satellite photograph taken Sunday, the Institute for Science and International Security said Sunday.
A gunman opened fire in a nursing home, killing seven patients and a nurse in Carthage, North Carolina, police said. The gunman was shot by a police officer during the attack, and his condition "is currently unknown," Carthage Police Chief Chris McKenzie said. The patients killed range in age from 78 to 98.
North Dakota residents braced for an early spring snow storm Monday, even as they held their breath while record flood waters receded. Officials cautioned residents not to let their guard down, especially in the face of the approaching winter storm, which forecasters said could bring as much as 10 inches of snow and wind gusts of 35 mph to the Red River Valley area.