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SportsBiz: Golf industry gets hit hard

Golf is in decline by many measures. Rounds are down, as is the sale of equipment. TV ratings are also suffering. The economic meltdown is hitting the golf industry hard. More courses are scheduled to close in the U.S. this year (nearly 100) than the 80 expected to open.


Franken pulls closer but Coleman still leads

Minnesota election judges recount ballots by hand at a recount site in Minneapolis to determine results of the close election between incumbent Republican Sen. Norm Coleman and Democrat Al Franken.Democrat Al Franken caught a couple of breaks Tuesday as the recount in Minnesota's U.S. Senate race drew closer to a finish, though not enough to undo Republican Sen. Norm Coleman's persistent lead.


Wall Street ends volatile day strong
Wall Street absorbed more bad economic news, closing higher as investors shuttled between pessimism about the recession and hopes that the nation might start to see some relief soon.

Dealers desperate for auto bailout

Nov. 23: The auto industry's troubles have rippled to dealerships. NBC's Kevin Tibbles reports. (Nightly News)Local dealers say that in the auto crisis, they are where the rubber meets the road. While a bailout of the auto industry won't solve longstanding problems, they say, it could buy them time to ride out the credit crisis that has sent sales plummeting.


Thai premier's ouster ends airport sieges

An anti-government protester packs up a tent next to a check-in counter in Bangkok's Suvarnabhumi International Airport on Wednesday.Victorious anti-government protesters lifted their siege of Bangkok's two airports Wednesday while leaders of the ousted government named a caretaker prime minister to lead the politically chaotic kingdom.


Expert: Tebow has earned a second Heisman

Quarterback Tim Tebow has Florida two victories from their second national title in three years.Expert: Two months ago, I didn't think it was possible. And now? It might be inevitable. Somewhere, Archie Griffin is hearing footsteps. Yes, Florida quarterback Tim Tebow deserves to win another Heisman Trophy.


Passengers describe 'cheeky' pirate attack

Pirates ride alongside the luxury American cruise ship M/S Nautica, in this photo take from the Nautica, during a hijack attempt Sunday on the vessel in the Gulf of Aden.Passengers on a luxury cruise liner attacked by pirates in the dangerous waters between Yemen and Somalia said Wednesday they were surprised by the assailants' boldness.


Obama names Richardson to Cabinet

President-elect Barack Obama announces his choice of New Mexico Gov. Bill Richardson as Commerce Secretary-designate on Wednesday, calling him an President-elect Barack Obama named Bill Richardson as his choice for commerce secretary on Wednesday, after passing over his vanquished Democratic rival for secretary of state.


World's oldest pot stash totally busted

Stash for the afterlife: A photograph of a stash of cannabis found in the 2,700-year-old grave of a man in the Gobi Desert. Scientists are unsure if the marijuana was grown for more spiritual or medical purposes, but it's evident that the man was buried with a lot of it.Nearly two pounds of still-green plant material found in a 2,700-year-old grave in the Gobi Desert has just been identified as the world's oldest marijuana stash, according to a paper in the latest issue of the Journal of Experimental Botany.


Experts offer ideas to fix Detroit
Auto industry experts have a wide range of ideas on how to fix the problems facing the Big Three, ranging from higher gas taxes to bankruptcy. Here is a sampling of their views.

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