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Sources: Obama makes pick for attorney general
Former Clinton Deputy Attorney General Eric Holder is President-elect Barack Obama's choice for the position of attorney general, according to two prominent Democrats involved in transition matters. If confirmed, Holder would be the first African-American to lead the Justice Department.


Begich claims win over Alaska's Ted Stevens
Alaska Sen. Ted Stevens, the Republican lawmaker convicted on felony corruption charges in October, was defeated in his bid for re-election by Democrat Mark Begich, according to a release from Begich's campaign and unofficial results from state officials.


Auto execs face sharp scrutiny
Skeptical senators grilled auto executives at a hearing today, calling them short sighted and unimaginative, as they seek a $25 billion taxpayer-funded bailout to ward off looming bankruptcy, CNNMoney reports. "Their board rooms in my view have been devoid of vision," said Sen. Chris Dodd.


Boy, 8, gives taped account of killings
An 8-year-old Arizona boy suspected in the deaths of his father and another man can be heard in a videotape of his police interview telling officers that he shot both men after he came home from school. The boy, sitting cross-legged in an overstuffed armchair, initially denied any involvement in the shootings, but later said he shot his already wounded father "because he was suffering."


Drew Peterson meets with divorce lawyer
Drew Peterson has met with a prominent divorce attorney more than a year after his wife, Stacy, disappeared, his lawyer confirmed to CNN today. Police have said that the former Bolingbrook, Illinois, police sergeant is a suspect in his wife's disappearance, which investigators have labeled a "potential homicide." Peterson maintains his wife left him for someone else.