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The House voted against the $700 billion emergency rescue package Monday, ignoring urgent pleas from President Bush and congressional leaders to quickly bail out the staggering financial system. What went wrong?

President-elect Barack Obama has named John Podesta, Valerie Jarrett and Pete Rauss co-chairs of his transition team. He has also named William Daley, Carol Browner, Federico Pena and Janet Napolitano to his advisory panel. Illinois Rep. Rahm Emanuel has been offered the job of White House chief of staff.

Queen's Gambit? More like Bishop's Gambit! (That joke will make sense when you learn his name is Dave Bishop.)

Daniel Penny, the 24-year-old man who put Jordan Neely in a fatal chokehold on the New York City subway last week, faces manslaughter charges.

Just two weeks into President Obama's administration, Russia is moving to reassert its influence over former Soviet republics in Central Asia. Moscow is pushing military cooperation and offering financial aid in what some say is reminiscent of the Kremlin's client-state relationships during the Cold War.

President Obama took his budget agenda to Capitol Hill on Wednesday to round up skeptical Democrats. He seemed prepared to go along with changes as long as Congress' budget preserves down payments on his grand plan.

A new intelligence report warns that without drastic new measures, the international community faces the real prospect of a nuclear or biological attack by 2013. The panel that issued the report has briefed vice president-elect Joe Biden on its contents.

O.J. Simpson is scheduled to be sentenced Friday in Las Vegas for his conviction on felony charges, including kidnapping, in a robbery committed last year. The former football and movie star — acquitted of murdering his ex-wife, Nicole, and her friend Ron Goldman 13 years ago — could get up to life in prison.

The films Barbie and Oppenheimer blew past predictions to spark the fourth biggest box office weekend in Hollywood history. What does their success say about the state of the movie business?

The civil suit filed Thursday seeks a jury trial and "punitive and exemplary damages" to recoup costs and loss of revenue from the deadly wildfires.