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  • Merrill Lynch, the world's largest brokerage, says its chief executive, Stan O'Neal, has retired, effective immediately. Alberto Cribiore will lead the search for O'Neal's replacement.
  • Merrill Lynch CEO Stanley O'Neal appears to be on his way out days after the company reported a loss of more than $8 billion. The company has not confirmed reports that O'Neal is negotiating the terms of his departure.
  • Mike Huckabee enjoys the best week of his long-shot bid for the Republican presidential nomination: a bump in poll numbers in Iowa and a big spike in online fundraising.
  • The Boston Red Sox have won their second World Series in four seasons, beating the Colorado Rockies 4-3 in Denver. The Red Sox swept the Rockies, becoming the first team to win multiple championships since 2000.
  • Father Donald McGuire was convicted last year of sexually abusing two teenaged boys in the 1960s. Jesuit leaders insist they had no knowledge of any other abuses by McGuire, but documents reveal they were alerted by concerned parents many times over the past 38 years.
  • The White House on Thursday rolled out new sanctions against Iran, designating Iran's Revolutionary Guard Corps as a proliferator of weapons of mass destruction and its elite Quds Force as a supporter of terrorism.
  • The Santa Ana winds driving California's wildfires are fabled. Some call them the Santa Anas and others call them the devil's breath. While they make the winters warm and pleasant by blowing the worst air pollution out to sea, they can also spawn massive infernos.
  • Louisiana Rep. Bobby Jindal, a Republican, is now the state's governor-elect. He becomes the first Indian-American to head a state government, and at 36, he will be the youngest governor. He promises the endemic corruption that is longstanding in the state won't be tolerated.
  • October is high season for apples, which makes master baker Dorie Greenspan very happy. The author of Baking: From My Home to Yours shares a recipe for tarte tatin, a French dessert that resembles apple cobbler.
  • Admiral William Crowe, former chairman of the Joint Chiefs of Staff, has died. He was 82. No cause of death was released. He served as the nation's top-ranking military officer under President Reagan during the waning days of the Cold War.
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