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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.

Angry Mumbai residents held a big demonstration today to express indignation over the Indian government's failure to thwart the Mumbai terror attacks.

Sixty-eight percent of all web searches take place on Google.com. But as journalist Randall Stross found when researching his new book, Planet Google: One Company's Audacious Plan to Organize Everything We Know, the company's business extends well beyond basic web searches.

The Big Three automakers have presented their plans to Congress for how they will restructure themselves to make them worthy of a congressional bailout. Ford says it wants a $9 billion standby line of credit; GM has sought $12 billion. Chrysler is expected to ask for $7 billion.

Anger and indignation are building in Mumbai in the wake of the terrorist attacks that left nearly 200 dead and hundreds more wounded. The people of Mumbai are sending text messages, calling for a mass protest rally Wednesday.

Beliefnet.com founder and Editor-in-Chief Steven Waldman discusses the role of religion and the state of the religious right in post-election politics. Will the coalition of religious groups that united in support of Barack Obama fracture over specific issues?

Japan's main index fell more than 6 percent. South Korea was down more than 3 percent. Hong Kong's main stock average fell nearly 5 percent, partly on grim economic news out of China. The drop in world markets follows a nearly 8 percent plunge in the Dow, after the National Bureau of Economic Research issued a report declaring that the U.S. officially is in recession.

Gunmen in Mumbai are thought to still be holding a number of foreign hostages. Indian commandos have been trading fire with the attackers. On Wednesday, gunmen armed with assault rifles and grenades fanned out across Mumbai and attacked popular tourist sites, including the city's top two luxury hotels.

Myron Rolle, the starting strong safety for the Florida State Seminoles, has been awarded the Rhodes scholarship to study at Oxford University. The pre-med student had to miss part of Saturday's game against Maryland because he was being interviewed for the scholarship.

With the economy continuing to sputter, president-elect Barack Obama has held a news conference to announce his economic team. He said they would get to work immediately to craft an economic stimulus package big enough to jump-start the economy.