AP - World stock markets tumbled Thursday, with benchmarks in Tokyo and Seoul losing almost 7 percent each, after recession fears sent Wall Street plunging and Japan suffered its biggest drop in exports in seven years.

AP - President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.

E! Online - It was down to Analeigh Tipton, McKey Sullivan and Samantha Potter—all lovely, leggy and hungry (to win!), but only one could be crowned America's Next Top Model.

AP - Finland's Finance Ministry says four Nordic countries will lend Iceland $2.5 billion (euro1.98 billion) to help the country recover from its economic meltdown.